Page A2:Norfolk, VA,Jan.10th - In a final presidential journey rife with pomp and nostalgia,("liu xing de sheng kuang gen huai jiu" in Pin Yin system of romanization" President Bush joined family and friends here Saturday to commission (wei-ren)a new aircraft carrier named for another US president: his father. I heard on C-Span radio with all the details last night.
Page F3: The Markets Will Rise Again: Patience pays. Investing remains (or should be) a long-term process. With the economy sagging badly,this isn't the right time to be a swashbuckler(mao xian jia in Pin Yin) Food for thought to the investors!
Starting January 12, 2009, go to washingtonpost.com/bush-legacy/to watch a video of this discussion, browse photo galleries documenting Bush's presidency and explore major events during the administration on an interactive timeline.
Both elder Bush and President Bush are friends of China to promote positive US-China relations in the past years. It would be proper to show deference, humility and flexibility to the Office of Presidency.
FED Chairman Ben Bernanke will give explanation of the recent rate cuts and other moves on Tuesday,January 13, 2009 re the policy response to the crisis.
Inauguration-watching events are open to the public. E-mail: tellus@washingtonpost.com
January and February 2009 issue of "Foreign Affairs" magazine:
Page 11: China's $2 trillion portfolio(tou zi zu he in Pin Yin) of foreign exchange reserves by 700 billion last year,thanks to currency account surplus at foreign direct investment.
Page 168: China,the preeminent holder of global savings may now be in a position comparable to the US in 1930s. China would need to work through institution such as World Bank.
"Foreign Affairs" Magazine: January and February 2008 issue with the cover page of "Changing China": Can the West Handle Chinese Power? Yes,when Westerners would study the Chinese language for communication with better understanding. Moreover,Reception and perception would be more friendly when Chinese language is used directly for mutual benefits. The new US Secretary of Treasury studied Chinese for the obvious reason decades ago with his smart vision. Moreover,Prime Minister of Australia - Rudd speaks fluent Chinese with his insight as well.
Francis Shieh a.k.a. Xie Shihao on Sunday, January 11, 2009 at 2.06 p.m.
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