This is not just a careful design to show the soft power of the U.S. For Obama, only a revelation of the good side of the U.S. can get it supports and helps from the world, so the current financial crisis that is wrecking havoc and the economic recession that has effects on his political future will weather through. [Read more]
Recently, certain scholars and politicians from the West have expressed their opinions in the media, criticizing the high savings rates of China and other countries for encouraging Americans’ excessive spending and asset price bubbles. They also claimed that the root of this financial crisis stems from Asian [Read more]
A few days ago, Time Magazine chose Barack Obama for its 2008 Man of the Year due to his notoriety, but Obama's choice of evangelical pastor Rick Warren to say the prayer at his inauguration has caused an even bigger sensation. To the American media and the general public, this choice has made such an impact because, [Read more]
These days, China has become America’s biggest creditor.
Huanqiu special correspondent Wang Si reports, “China’s unyielding secrecy about its nuclear arms strategies leaves open the worrying prospect of a costly U.S. misstep during a crisis.” On January 15, Dennis Wilder, the Senior Director for East Asian Affairs on the National Security Council, made this kind of [Read more]
Any attempts to shift the responsibility to other countries reflect the inability to develop the right attitude for seeking solutions. It would also vitiate the atmosphere in the global battle against the crisis.
A few days ago, South Korea’s JoongAng Ilbo newspaper published an article claiming that over the past ten years, the U.S. and China have become “addicted” to each other. They've enjoyed a very close relationship, but the Korean paper says it's time the U.S. and China break the addiction.
The original text is [Read more]
If we compare the American economy to a car, then emerging markets have become this car’s windshield in this prolonged crisis. We can infer that if the risk in capital markets were greater, then the damage done to China, this piece of glass, would be more serious. Now that this car has broken down, can we really blame the windshield?
In some countries of the world, not having a son is still seen as almost a kind of deficiency, especially for leaders.