"Economist" magazine,May 29, 2009 issue and Hong Kong Phoenix TV commentator have the same rationale as I sent my blogs in the past. I try to compare notes with others apropos of my views in my blogs.
"In order to spur a vibrant recovery, US households must rebuild their balance sheets. China's stimulus is the most spectacular policy regarding loosened fiscal and monetary reins." I would recommend Humanpower Policy in re job creation from skilled labor.
Such idea is cited in "Work and study Cycle Theory" about lifelong learning plus training in "Keys for Economic Understanding." www.Amazon.com online book catalog.
"Government policy helps explain why big emerging economies can recover more quickly,such as China and India but China's rebound will only be sustained if the economy shifts further from state-sponsored investment to private consumption." As far as I know,consumption sector has been stressed but the outcome remains to be seen from empirical evidence during the course of time from global context.
Newsweek" magazine,June 1,2009:
Secretary of Treasury may be Secretary of the Recovery (sic) page A15 Tim Geithner said:"We have a huge interest in common, and we want them to feel invested in making this system work." The past days to hector is gone. In Pin Yin: "Weixie and qiwu" would never pressure China if Chinese culture is noted. Experiences over Dogma! In Pin Yin "Jingnian bi Jiao diao hao"
Words to the wise would be sufficient for the readers to detect the past and the present US-China dialogue even the future communications in the months to come.
Francis Shieh aka Xie Shihao,a lifelong student to witness US-China relations since my arrival at the US in 1947 as a graduate student from China.
Sunday, May 31,2009 at 1.46 p.m.
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