BUSINESS WEEK magazine,Aug.24-31,09

Page 040:" The economic storm has been harrowing(zhe-mo-ren-de-shi) and now is not the time to discount the dangers that may still lurk. But you owe it to yourself to ponder the real possibility that the worst is behind us. Opening your mind to rational optimism can help you seize opportunities ahead. Optimism breeds confidence with upbeat outlook as reflected in the positive attitude."

Comment: Such rationale is exactly the same as the blogs in the past! Change of lifestyle of Americans to study Confucianism re simplicity+ serenity would be beneficial for Americans with ethics and morality to have moderation as "zhong rong zhi dao"in Pin Yin system of romanization. Yahoo cited Christian Science Monitor several days ago about Confucianism promoting better US-China relations in the 21st century as I have advocated for Confucian philosophy.

Page 012: China National Petroleum and China National Offshore Oil have offered $17 billion to buy a major stake in Argentina oil and gas producer Repsol YPF from its Spanish parent,REPOSOL. When such deal goes through ,it would mark China's biggest overseas buy ever for US reference re business deals apropos of Sino-American/US-China economics.

Page 017: All the indicators for Japan and Europe - showing that at a minimum the decline has slowed but for UK and China, we actually have positive growth.

Management Guru Peter Drucker stresses the change in the theory of business for the ability to meet the new consumer demand."

Such is identical to my reiterated focus of supplying the changing demand of sectors such as education including the study of foreign languages for communicating with other folks. Americans need to study foreign languages and Chinese must learn English, the language of international business. The East and the West do meet to enforce globalization.

Francis Shieh a.k.a. Xie Shihao making comments after reading the current issue of Business Week magazine on Sunday, August 16, 2009 at 1.40 p.m. at Bowie Library.