USAToday,March 5,2009 page 4B: China stimulus stimulates US market.
Wall Street Journal,March 5,09 page A10: China affirms 8% growth outlook,Taiwan Progress.
Some critics feel that leaders were caught flatfooted by the downturn. A Professor at the University of Chicago says. My comment: Who really knows the economy i.e. financial crisis as happened in the Fall of 2008? Prof.John K. Galbraith: "There are those who don't know and those who don't know they don't know as economic forecast."(sic)
Page A15: William Easterly,Prof. of Economics at NYU reviewed "Affluence and Ethics" by Peter Singer. Random House,206 pages $22. A moral voice seeking compassion! Is Economics a moral science? Relevant to ethics and morality? Study Adam Smith,Ben Franklin to be synthesized with thoughts from Confucius and Mencius. That is a challenge for all scholars in the 21st century as I would envision aprops of Sino-American Economics.
Page B1: Lenovo looks to grow in rural China's 320,000 villages.
Page C2: Shanghai gains 6.1%, London adds 3.8%. Shanghai and London are sister cities.
Page C5: China trade boasts Catepillar and Alcoa, attributable more stimulus spending from the Chinese government.
Francis Shieh a.k.a. Xie Shihao,an eager graduate student from Shanghai to study US-China economic relations since 1947. I believe in Division of Human Capital for two nations on both sides of the Pacific as I envisioned in "Work and Study Cycle Theory"(1978) listed at www.loc.gov (Library of Congress online catalog)
March 6, 2009 at 5.22 a.m.
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