WSJ,3/17/10 on page A1:
A wealthy province near Shanghai assailed the quality of luxury clothing brand from the West, including Tommy Hilfiger. I have a leather belt with Tommy Hilfiger brand and I am satisfied as a native of Shanghai.
Page A14: A US-China Business Council poll of members showed 93% were optimistic about their future in China over 5 years.
Robert Poole, head of the Council in China, says the broad themes of continued openness and reforms continue to be there."
Such statement are similar to my observation during the past years and the upcoming years with optimism in business apropos of Sino-American Economics in Macro-outlook in a nutshell.
The WashTimes,3/17/10 on page A8:
Ireland's economy offers little to celebrate on St. Patrick's Day but Irish Americans and others with empathy celebrate St. Paddy's day with emerald green in USA as supporters of religious and traditional culture in America.(Search St. Patrick at www.Google.com for reference.)
The brutal downturn has exacted a nasty toll on an economy that was hailed as Europe's Celtic Tiger with jobless rate of 12.7 % to be defined as a depressin in textbooks. Perhaps Celtic Tiger are not as robust as Tigers in Asia's Year of the Tiger effective on February 14, 2010 in humor.
Despite its woes, Ireland has done much more to regain competitiveness than Greece and Portugal.
Francis Shieh a.k.a. Xie Shihao,born in the Year of the Tiger in 1926 watching Sino-American economics in terms of globalization.
Wednesday, March 17, 2010 at 2.28 p.m.