iht.com - 1/8/2009
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As the global downturn has intensified, Beijing is starting to keep more of its money at home, just as the U.S. is projecting record deficits.
article.nationalreview.com - 1/14/2009
jamesfallows.theatlantic.com - 1/12/2009
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jamesfallows.theatlantic.com —
I mentioned a few minutes ago , while
GW Bush's final press conference was underway, that the...
president seemed unusually "self-aware." That's not quite right. On matters of policy, he revealed himself to be as isolated and out of touch as his critics ...
(more)
Refining the point about GW Bush's final press conference
apnews.excite.com - 1/13/2009
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apnews.excite.com —
BEIJING (AP) - Former U.S. President Jimmy Carter,
whose administration formalized diplomatic ties with China 30 years...
ago, on Monday urged President-elect Barack Obama to find ways to work more closely with Beijing on global issues. Carter also ...
(more)
Excite News - Carter urges Obama to work closely with China
Comments
Blog Reactions
US Debt Losing its Appeal in China
Democratic Underground Latest Breaking News —
... mortgage-backed securities. But now, Beijing is seeking to pay for its own $600 billion economic stimulus - just as tax revenue falls sharply as the Chinese economy slows. Regulators have ordered banks to lend more money to small and midsize enterprises, many of which are struggling with slower exports, and Chinese bankers say they are being instructed to lend more to local governments to allow them to build new roads and other projects as part of the stimulus program. Read more: http://www.iht.com/articles/2009/01/07/business/yuan.ph... Oo boy. Now we're in deep trouble.
Drudge Report
News —
... of the stimulus to more than the $775 billion he has talked about, that China may balk at buying more U.S. debt, and that Democrats ...
Who’s Being Fooled?
No Runny Eggs —
Dear President elect Obama,
Before you charge head long into this:
Obama Warns of Irreversible Economic Decline Without Action
Or this:
Obama predicts $1 trillion deficit ‘for years to come’
You may want to read, and seriously consider the implications of this:
U.S. debt is losing its appeal in China
And this:
MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
Sincerely,
Concerned ...
Obama Economic Speech
Ace of Spades HQ —
... dire picture -- including double-digit unemployment and $1 trillion in lost economic activity -- that recalled the days of the Great Depression in the 1930s. If spending were the key to prosperity, given all the increased spending the federal government has been doing over the last few years, especially over the last year, shouldn't we be rolling in the rainbows and unicorns by now? Possibly complicating Obama and the Democrats plan, the Chinese don't seem so keen on continuing to play banker to us . Hmmm, I wonder why. I'll update if anything interesting comes out of the ...
Quick Takes
Flopping Aces —
... Just one problem: What happens when China stops loaning us money? The credit crunch of all time? Who will bail out the U.S. government? ...
Related Content
China - The New York Times
topics.nytimes.com 2/6/2009 — 2008 Summer Olympics The Asia Society Caijing Magazine Business news China.org News search engine China Daily Official English-language newspaper China Development Brief Non-governmental organizations China Digital Times University of California at ...
When you owe the bank $30,000...
scsuscholars.com 2/15/2009 — I was talking with Ed Morrissey before his show today -- which, by the way, was screamingly funny and good so go listen -- and he was telling me about a post he did about a Chinese official who said that China is pwn3d by the U.S. treasury . Luo Ping, ...
Journalism with "Newsweek" Characteristics
weeklystandard.com 1/12/2009 — Does the PRC advertise in Newsweek ? Because this piece by Rana Foroohar sure reads like a retread from the Xinhua news service. The article is titled "China's Economy Stays out of the Red," and it includes phrases like "China is governed by a ...
China's Dubious "Miracle"
city-journal.org 3/15/2009 — Behind the statistics of economic prosperity, a nation divided and tormented.
Funny Thing. China’s Still Buying Our Debt
behindbluelines.com 5/19/2009 — Most mornings, I take my ‘news bath’ early (around 0430 EST) before writing my first postings. And among my first stops are the UK Telegraph business blogs and, in particular, Malcolm Moore’s ‘What’s Happening in China Today’. Moore operates out of Shanghai ...
China Censors Parts Of Obama's Speech
huffingtonpost.com 1/22/2009 — BEIJING — The official Chinese translation of President Barack Obama's inauguration speech omitted his references to communism and dissent, and a live broadcast on state television Wednesday quickly cut away to the anchor when sensitive topics ...
China Tests Obama
pajamasmedia.com 3/17/2009 — The problem is not that we don’t talk to the Chinese enough or that we misunderstand them. It is that they are hostile.
Your Doing it Wrong...
mudvillegazette.com 2/18/2009 — ... When even Russia tells you so
"We must not revert to isolationism and unrestrained economic egotism... Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible mistake. True, the state's increased role in times of crisis is a natural ...
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