Three guys are playing the ball,namely:USA,Russia and China in comics by Ralph E. Winnie, Jr., the Director of the Eurasian Business Coalition's China Program: Such comics is relevant to economics in essence.
"The People's Republic of China has become a major economic player in the world community. As China continues to grow, Russia views the situation as more of an opportunity rather than a threat. China has been successful in actively promoting joint venture partnerships with profitable Western companies. Currently, Russia lacks the ability to effectively integrate these new technologies into the fabric of its economy. China's success is known as the market economy.
The Russian government recognizes that the key to developing a robust and stable economy is to push strengthening relations with China. Russia is eager to understand how China has been able to rapidly absorb and utilize Western know-how and entrepreneurial business success; it seeks to emulate China's relatively open economy. It is evident that Chinese leadership has Confucianism as the mindset of flexibility in international businesses.:" Within Four Seas,all are brothers "and sisters( to be added for equal opportunity).
The closer relationship being established between China and Russia should encourage the United States to alter its mindset twward Russia."
The above is a timely description for US-China/Sino-American economics apropos of US outlook for trade opportunities toward China and vice versa for mutual benefit in the 21st century.
Francis Shieh aka Xie Shihao,a student of international economics on December 16, 2009 at 10.10 a.m.
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