WSJ page B2: General Motors began its US$ 250 million corporate campus in Shanghai to study alternative fuels. Shanghai is the target for US auto investment.
NYT page A6: Tata's Nano,a subcompact for US$2500 was unveiled at a car show in New Delhi, India. I have reason to believe that such car will be exported to China for US $2500 plus freight charges.
Page A10: AIG's Asian units seek to allay customers' fears.
Page A26: Senator McCain blamed the meltdown on unbridled corruption and greed in USA. Well,there are corruption and greed of some people in China as well.
Page A4: Treasury Secretary Paulson says his team has not taken a day off in the past 5 weeks. Amid turmoil, tireless team of advisers backed Paulson, a friend of China to develop economic activities between the USA and China.
Here is another evidence of Sino-American economics in the works.
Francis Shieh a.k.a. Xie Shihao. Sept. 17, 2008 at 3.45 p.m.
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