Every country of the world invests money in its national defense construction, and it is completely reasonable for China to develop some armaments according to its own economic development.
Given China's efforts, the United States will go too far if it insists on urging China to make its military more transparent. Luo said that it is reasonable for China to "lift the veils" on some of its weapons, yet it is impossible to "show all of its cards."
The report exposed the United States' complicated position, which is that the United States not only wants China to help it in the areas related to its interests but also wants to find some excuses to press China.
<b>Four options remain for Federal Reserve Chairman Ben Bernanke to revive the U.S. economy, because worry about a recession in the United States is dampening the mood of the markets.</b>
The speeches of U.S. Federal Reserve Chairman Ben Bernanke always carry weight in the markets — still, according to the opinions [Read more]
During the Cold War era, the U.S. released an annual report on the military power of the Soviet Union; after the dissolution of the Soviet Union, the U.S. shifted its focus of attention to China.
I have long held the view that the single most critical ingredient for the global economy sits in one statistical area: the US housing market. When that is driven onto the rocks, American consumers lose heart and confidence, and close their wallets.
The 50-year-old Obama is no longer the shining light for the start of a new age, but rather a politician, who, through his zigzag course and sellouts in economic, finance and social policy, has deeply disappointed the (admittedly inflated) expectations of his supporters.
<b>Never before were people evacuated from New York City’s coastal zone. Never before were the subway and bus systems of the metropolis shut down. In face of the approaching Hurricane Irene, Mayor Michael Bloomberg did everything to avoid a disaster. Behind that is calculation: Bloomberg wants to go down in [Read more]
The United States doesn’t even have any more money for stimulus plans. Investments with cuts in other areas are the only possibility.
The U.S. has seen better times. To achieve this realization, one need not look to the excessively indebted U.S. budget. It’s enough to look at the economic data of the country. [Read more]
The recent debate between Congress and the president is a confrontation within the American political class that contains both political and economic elements involved in the management of the government and the duties of the state with regard to the promotion of the common good.
The debate seems surrealist from time [Read more]