Page C5: Po the Panda and Master Shifu show their stuff in "Kung Fu Panda."(photo)
Top movie ticket sales Friday through Sunday in millions of dollars: 60.0
Stephen Roach, an economist and chairman of Morgan Stanley Asia wrote:TIME,May 12,08
Lou Jiwei. the man who controls China's huge pool of investment dollars.
In a relatively short period of time, China has amassed more than $1.6 trillion in foreign-exchange reserves, the largest such reserve in history. While this cushions China from the vicissitudes of ever volatile financial markets, much of it is invested in low-yielding US Treasury securities.
Here we can readily detect the good Sino-American Economics in the days to come for mutual trust and mutual benefit.
Francis Shieh a.k.a. Xie Shihao,a watcher of US-China economic relations. June 9, 2008
Monday, June 9, 2008
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