Friday, May 22, 2009

US Treasury Secretary Geithner testified in Congress

US-China economics should be viewed from macro-outlook instead of Micro-approach as per the insightful analysis of US Treasury Secretary Tim Geithner. He is going to China around end of May to consult leaders in China to try to solve global economic crisis from Sino-American cooperation and collaboration.

Premier Wen spoke in Europe stressing the market system in China as known from empirical evidence. China would resolve global financial crisis from globalization instead of Sino-American economics. Such talk is addressed to European Union as noted.

Hong Kong Phoenix TV interviewed an Indian analyst after the election:

India would like to endorse Western Economic Model and the Chinese economic system in order to have economic progress as known by ordinary folks in India. It is the Economy that counts in the minds of people in India. That should be noted by all with empirical evidence.

Such new move is an excellent reference for Sino-American economics if detected.

Francis Shieh aka Xie Shihao watching Sino-Economics as a lifelong student of the ever changing scene in the field of economics.

Friday,May 22, 2009 at 6.08 a.m.

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