The U.S. took a number of years to restore its moral authority after the Vietnam War, and this time, it might be even harder to do
American consumers have lived far beyond their means, fueling exports from East Asia.
The U.S. deep down has a mentality of hegemony, a logic of power, and the natural instincts of a bully. This will not change.
On March 23, Zhou Xiaochuan, the governor of the People’s Bank of China, published a text titled “Thoughts on the Reform of the International Currency System,” which proposes that “the rapid spread of the financial crisis to a global scale reflects the intrinsic defects and systemic risk of the current [Read more]
Edward Gibbons noted in The Decline and Fall of the Roman Empire that decadence, greed and moral decay were important reasons for the fall of the Roman Empire. Today’s America has already become a second Roman Empire- that is to say, moral decay has become an important reason for the fall of America. [Read more]
Zhou Xiaochuan’s recent article caused widespread concern, the cause of which is deep worry about the Fed’s recent announcement that it would heavily purchase U.S. bonds while the connotation is China’s appeal for reform in the irrational global economic system.
Before the G20 summit that will be held on April [Read more]
Recently, every conversation I have had with friends seem to revolve around the financial meltdown, and I have noticed an interesting phenomenon: those who have not shown any interest American politics before are now well versed in all of Obama’s domestic policies; those who had been eager to witness America’s [Read more]
The Hong Kong Daily published on March 26 quoted an expert’s opinion that America’s recent "irresponsible" way of saving the market is the cause of the global intention to abandon U.S. dollars.
The report quoted Yanlin Tan, senior analyst for Bank of China, who remarked that over the past seven months the U.S. [Read more]
In light of the growing importance of U.S.-China relations, having numerous ethnically Chinese officials at Obama’s side will inevitably give people more food for thought. How, exactly, will they influence the future of U.S.-China relations?