OP-ED: China Curbs Its Appetite, By PHILIP BOWRING, New York Times, November 16, 2009
Excellent piece on China's recent spending splurge that provides much needed perspective.
Opening line is a killer:
The bigger the doubts about the West's prospects, the greater become the assumptions about China's economic power.
A hard time to think in grand strategic terms, because the freak-out factor in America is so high and pervasive right now.
(Via WPR's Media Roundup)
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Comments (2)
More on the Obama trip to China:
Thanksgiving special: more evidence of failure of trip to Asia!
http://jamesfallows.theatlantic.com/archives/2009/11/thanksgiving_special_more_evidence.php
Diplomacy on Chinese terms: More Progress, Less Noise. Clearly a failure!
Posted by Guest469 | November 28, 2009 10:27 AM
The problem China has . . is . . The USA is too big to fail . .
Without the USA as the customer, China has little income . . so, eventually, they will have to assist the country's system to function . . if we cannot do it ourself . .
Or am I out of the ball park here?
Posted by large | November 29, 2009 10:14 AM