Wall Street Journal March 2, 2010 on page A12: US Visit to China signals a thaw: Tensions appear to be easing. I sent my past blogs to stress the need of cooperation of two nations for the best interest of humanity.More comments below from WashTimes 3/2/10 page A1,A10.
Page B7: UK-based Diageo, the world's largest alcoholic drinks firm (e.g.the maker of Johnnie Walker Whisky et al) by volume has been targeting the rising middle class in emerging markets.The CEO sees opportunity to move further in the making for Chinese white spirit or "bai jiu" in Pin Yin system of romanization.
The Washington Times March 2, 2010: Page A1: Chinese creditor with charts on page A10 Source: US Treasury Department.
China has been a major source of financing for the US government's soaring debt during the past decade.
Michael Wessel, a member of the US-China Commission said: "The US government, with its fiscal and monetary tools constrained by the recession, cannot easily extricate itself from the growing financial dependence on China. Leverage works both ways. That remains to be seen as tether-ball game but not at the end of one nation's tether. Such comment may be the gist for readers of Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao sends this blog on Tuesday, March 2, 2010 at 2 p.m.
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