Page A2: "Economists expressed concern about the extent to which the unprecedented measures taken by the government and FED could weaken them as a backstop in the future. The FED's massive interventions have exposed it to greater financial risk, of which could lessen its ability to step in and calm markets.
When US and the UK cross the 90% threshold, their annual growth tends to be about one percenage point lower, said Rogoff and Reinhart of the University of Maryland.
The huge costs of financial and economic bailouts have put added burdens on the finances of advanced economy governments around the world."
For China, a developing nation suffering as well. The future remains to be seen in due course of time.
Page A6: According to Global Trade Info Service of Geneva, China dethrones Germany as top goods exporter.
Francis Shieh aka Xie Shihao reading WSJ to share with readers of Sino-American economics on January 6, 2010 at 2.12 p.m.
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