Monday, December 1, 2008

Washington Post,Dec.1, 2008 page A17

Robert J. Samuelson wrote: "Starting with Obama's economic stimulus plan,will he focus on reviving the economy and relieving the financial crisis? Or will he use the economic crisis as a vehicle to advance a more ambitious social and economic agenda?" My reasoning is socio-economics in USA but we must see the evidece as time goes by. Needless to say,China is involved in global economics.

Elizabeth Economy wrote:This should be China's time to shine. The country is sitting on almost $2 trillion in foreign exchange reserves and post a 9% growth rate this year,probably the highest of any nation. In the midst of a global financial crisis,the world has come to China's doorstep seeking leadership." The writer is a senior fellow and director of Asia studies at the Council on Foreign Relations. But she should realize that China is a developing nation and would not seek leadership but would assume the role of partnership in international community. Perhaps she would learn more of the cultural background of leadership in China i.e. to be modest under the influence of Confucianism. However,she is right in supporting US-China Strategic Economic Dialogue providing a framework for bilateral cooperation on economic,environmental and energy issues as the sequel of the views expressed by the specialist for agreement. I would recommend the study of Chinese language and culture for American specialists to have genuine understanding of China from original source materials in the Chinese language with built-in Chinese culture.

Here is another evidence of Sino-American Economics for folks with insights to make efforts for positive scenario in the 21st century

Francis Shieh a.k.a. Xie Shihao,a lifelong student of economics to detect the common ground of USA and China in the 21st century.

December 1, 2008 at 9.48 a.m.

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