- Description
A consideration of one of the most important bilateral relations in the world with China's Ambassador to the US Zhou Wenzhong
- Keywords:
- foreign policy
- Obama
- China
- Asia
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Ricardo_Amaral 08/19/2009 09:03 PM Report
I wonder if the Chinese Ambassador had the opportunity to read the following article about the "New Asian Currency," since China will be a very important player regarding this new currency arrangement.
You will find the enclosed article, and also the comments following the article about the “New Asian Currency” to be a very interesting and timely reading material.
Here is an article with recommendations about how to restructure the international monetary system to be more relevant for the economic realities of the new world of the 21st century.
RGE Monitor - July 9, 2009
“Brazil, China and the New Asian Currency”
Written by Ricardo C. Amaral
http://www.rgemonitor.com/emergingmarkets-monitor/257250#183003
This article was also published on:
Brazzil magazine - July 9, 2009
“With US Capitalism’s Demise It’s High Time for Brazil to Adopt the New Asian Currency”
Written by Ricardo C. Amaral
http://www.brazzil.com/component/content/article/205-june-2009/10207-with-us-capitalisms-demise-its-h igh-time-brazil-adopt-new-asian-currency.html
You can read the article, and also add your comments about the article on both locations.
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bauhwa 08/19/2009 07:58 PM Report
Every time Charlie asked a Chinese official about human rights in China, they always come up a way NOT to answer the question directly.
This time instead of answering about China's censorship, Mr. Zhou said, "We have a lot of bloggers in China."
I know he was not trying to insult our intelligence. He just wanted to avoid his embarrassment.
REMant 08/19/2009 02:27 PM Report
The Chinese-American relationship at this juncture, it seems to me, is analogous to that between the US and Europe, particularly GB, in the post-WWI period. Then the US role was critical to economic recovery, and was not well handled until after WWII. In my view China is crucial to American recovery, and I called China the enemy as opposed to al Qaeda, etc a while back to make the point that their mercantilist approach played a crucial role in fueling fiscal irresponsibility here not unlike the role played by this country in bringing about the rise of fascism. The lesson is that if China wishes not only to avoid a consequence of that nature, and also to realize the value of the American debt it holds, it must invest now in recovery here, and I do not mean by buying even more govt debt.
Confucian teaching is different from Buddhism in that it is not collectively- or distributively-oriented, like the latter, but family- or contractually-oriented. Like the difference between Korea, which is largely Confucian and Japan. The difference is somewhat the same as between Catholicism and Protestantism or between the Western ideas of religion and philosophy. This is perhaps in part why the new China has been mercantilist, tho socialists have always supported free trade and opposed nationalism. I am happy to see that the govt realizes they need to move away from this as this country eventually did, but I understand their reluctance both for internal and external reasons. For our part I think we have to find a way to assure them that we share the same overall objective.