Page A2: US Secretary of Commerce Gary locke and Secretary of Energy Steven Chu are going to China next week to boost US clean-technology exports. Both are the first Chinese Americans to hold positions in the Cabinet under Obama administration. They made American history to have such opportunity to serve the USA. They are the leaders to promote Sino-American Economics.
"Working together, we can accomplish more than we act alone. It is a matter of mutual benefit." Such statement is identical to my blogs in the past years to stress the benefit to be derived from cooperation and collaboration as I have envisioned.
USA Today, July 7, 2009: On page 1B -
"Household debt peaked at 133% of disposable income in 2007 vs. 65% in the mid 1980s. To pare it back to sustainable level, consumers will have to pay of roughly $5 trillion of the total debt outstanding." says David Rosenberg, Chief Economist of the investment firm Gluskin Sheff. That is more than China's total economic output.
Comment: Such statement appears to be impressive for the US economy but China is the creditor nation holding US government securities with faith in the United States. The lifestyles of the folks in US and in China are certainly different and the future of Sino-American Economics may be envisioned via the human behavior of the Confucian Chinese tradition. The readers are entitled to have thoughts via empirical evidence in the 21st century.
Page A10: Shanghai woos travelers for World Expo in 2010: Luxury will be the lure in China's largest city. Folks in Shanghai can speak Mandarin but Mandarin-speaking folks are unable to speak Wu dialect.(Shanghainese) Perhaps it is high time to learn the Wu dialect and many books have been published apropos of the Wu dialect. I have sent my blogs for such understanding. More folks(estimated 80 million+-) speak Wu dialect than the Cantonese dialect(about 77 million?) in Hong Kong,(SAR) and Guangdong province in the south.
It is known that Mandarin is the official language but Wu dialect(Shanghainese) is being spoken by folks in Shanghai. It would be desirable to be able to know the Wu dialect for cultural enrichment especially for World Expo in 2010 in Shanghai as a timely endeavor.
Wu dialect is offered at www.Dictyon.net, the gateway to global languges for reference.
Francis Shieh a.k.a. Xie Shihao, a native of Shanghai and an octogenarian student willing to learn American Culture re Lingonomics i.e. American English and Economics since 1947 as an alumnus of Shanghai's St. John's University, Class of 1946. Visit www.ask.com and click on St.John's University,Shanghai , China for details.
Tuesday, July 7, 2009 at 2.42 p.m.
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