As the three-day China visit of US Secretary of State Hillary Clinton ended, a new allegory for the US-China relations was born:
“We are truly going to rise or fall together. We are in the same boat and, thankfully, we are rowing in the same direction.”
That is especially true when it comes to the heavy investment [...]
In face of the not ending financial crisis China is overthinking it’s position. The high expectations of the western world are too high to fulfill yet. China still has not the economic power to pull the industrialized world out of the coming recession. But it already makes a difference and still grows with high speed. [...]