"Bretton Woods. The Sequel: On page A15: Rising China and India deserve more say at IMF for reforms. Declining powers such as France and Britain need to give up some influence." We are aware of the global economy requiring global participation. Written by Sebastian Mallaby.
October 19, 2008 on page B4: "China is well insulated from the Western financial crisis. China needs to keep creating jobs to prevent social unrest. "Keys for Economic Understanding" may be one of the references from www. Amazon.com
The Western recession looks as though it will combine with slower growth in Chinese demand for oil to push prices even lower, unless producers can agree to cut prices. This is good news for nations that consume natural resources, including both the USA and China." Quoted from Bill Emmott, a former editor of the Economist and the author of "Rivals: How the Power Struggle Between China, India and Japan will shape our next decade."
Francis Shieh, a reader of Washington Post to share the thoughts of the above for readers of Sino-American Economics. Such blogs may be viewed from visiting www.Google.com
Monday,October 20, 2008 at 9.54 a.m.
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