Recent polls have shown that people in Hong Kong increasing identify with a mainland China 11 years ago after the former British Crown colony was returned to Chinese sovereignty. Patriotic sentiments has been riding high on the back of Beijing Olympics. Ethnic Chinese are proud of China and Non-Chinese are equally proud of China's achievement and success for the Olympic Games in August 2008 on record.
SHANGHAI - Chinese authorities have opened the door for the adoption of scores of children whose parents were killed in earthquakes.
Page A22: US plans serves as template for China to bolster its markets. Would the markets be riding high in the forseeable future? Only time will tell eventually.
Shanghai - The US government's decision to nationalize its home mortgage giants may have given an unintentional endorsement to calls for China's government to rescue its faltering financial markets. Let us wait and see the outcome.
"It is the government's duty to intervene" says a former central bank adviser who adds:"Now we have a very good example that it is acceptable." I would envision the rise of the stock market in due course of time.
Page C1: Keeping an eye on China and its copper appetite: Copper prices are up 4% to record high. My comment: US pennies are made of copper with intrinsic value and historical significance as collector's delight in the days to come.
New York Times 9-9-08 page A1 and A25:
Paulson's influence displayed in Fannie and Freddie rescue. Paulson is a friend of China apropos of Sino-American Economics in action.
Francis Shieh a.k.a. Xie shihao. Sept. 9, 2008 at 3.45 p.m.
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