Page A13: IMF sees reason for hope, caution in world economy:
Americans have begun to pare back debt. Federal Reserve imbued with greater powers. It is a matter of lifestyle with philosophical underpinning for economic activities for savvy folks.
Page A10: China's Gala show of strength: Charles W. Freeman Jr., a veteran diplomat, China expert and former Pentagon official, said he did not see a threat to the United States and noted that Chinese military spending is still a fraction of US military spending. People want peace and economic development and leaders are aware of peace or conflict in the nuclear age.
Comment: It is high time to note that China has joined international community to try to resolve global economic problems and cooperation and collaboration of US-China would be a matter of common interest with mutual benefit in the 21st century.
Francis Shieh a.k.a. Xie Shihao,promoting better understanding through the study of English and Chinese languages plus human philosophy of the two nations on both sides of the Pacific: USA and China.
October 1, 2009 at 7.46 a.m.
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