4 Oct 2008

The last laugh is the winner

The United States did not ease the global financial crisis even when the program of save the market had been adopted.

For china, has the world's first, the total amount of foreign exchange reserves more than 18,000 billion U.S. dollars; also holding the U.S. treasury bonds more than 1,000,000,000,000, it is easy to imagine that the United States have great expectations to china, but the key is still depend on the attitude of China.

It is generally believed that China will have some action, the problem is when and how, as well as the process of how to judge the wisdom of the investment. There is also another attitude, is that China is very cautious, cooperation can be multifaceted and do not necessarily to participate in the actual, even on the blob can also be seen as a kind of cooperation.

the issue which we should pay attention
1, the flow of foreign investment in China may increase in the future;
2, if U.S. economic growth continued to slow down, will impact the world economy next year;
3, the U.S. economy is no longer the engine, the point is that whether China can be successfully adjust in a crisis;
4, if the U.S. economy continued to decline, whether or not there will be a new international conflict?

Global crisis make Western countries in the vulnerable time and can not pay more attention to the others, which means, China need to allow the pressure from society to push forward their own reform. China could have the last laugh, is due to it is a true winner or not.

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