New York Times,August 7, 2009: Concerns about debts in USA and in China as well:
Page A1: Economists see a limited lift from stimulus: jobs report outlook murky!
US Debt Concern was sent on August 6, 2009 in the same rationale.
Loan spree by China ignites fears of defaults. Many economists worry that too much of China's growth was fueled by aggressive state-directed lending that could eventually result in a soaring number of defaults and mounting government debt.
Wall Street Journal,August 7, 2009:
Page A2: Deficit a growing concern for publilc and White House:
Financial markets and Chinese lenders, who finance the deficit, are equally curious whether there is a plan emerging to deal with it.
Comment: Faith, hope and Love of America!
Page A6: Taiwan will tackle budget deficit:
Cross-strait issues are matters of mutual concern: China and Taiwan expect to sign a cooperative agreement. That is the answer to the issues.
Francis Shieh a.k.a. Xie Shihao,a lifelong graduate student to watch the debts to be alerted to folks reading Sino-American economics online with knowledge and wisdom.
Friday,August 7, 2009 at 2.26 p.m.