Washington Post, December 5, 2008 on page A21:
US Treasury Secretary Henry M. Paulson, Jr. called the US/China agreement to work together on similar issues in the future as "Powerful Model." The EcoPartnerships include projects dealing with energy efficiency, hybrid vehicles, clean air and water conservation.
Minister of Commerce Chen Deming,former mayor of Suzhou but a native of Shanghai stressed that he would not count on a falling RMB to help exporters, because the cause of the current problem with exports is shrinking demand. He said the exchange rate had been adjusted solely on the strength of the dollar. It is known that the rate is to be determined by the supply and demand of US$ Vs Chinese RMB in the foreign exchange market.
China presses US to stabilize its finances. Chinese VP Wang Qishan urged the US to increase savings rate as part of broader program to strengthen its economy. It is the issue of lifestyle. Would it be possible to change the lifestyle? Food for thought as the simile.
Global Meltdown is described as Shaman i.e. religious person with faith,hope and love.(money?) Washington Post Magazine Cover on Sunday,Dec.8, 2008
On the morning of Dec.7, 1941,67 years ago when I was 15 as a high school student at Hautes Etudes in Tianjin,China,Japan attacked Pearl Harbor and I had to study the Japanese language instead of English. I visited Pearl Harbor in July 1990 when my son was married in Honolulu, Hawaii. That was 18 years ago.
Francis Shieh a.k.a. Xie Shihao. an Honorary citizen of the City of Honolulu,Hawaii at 10.25 a.m.
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