Dear Reader: Google no longer supports Feedburner RSS! To receive feeds / email alerts of new posts, please register below, right.

Thursday, May 24, 2007

Small progress in US-China talks

The Strategic Economic Dialogue talks have concluded, to be resumed in another 6 months. Judging from Business Week's report, not much was gained by the US; but then, China is negotiating from a position of considerable strength. She's only doing what we would do in her place. Interesting that there were extra talks afterwards.

But America's indebtedness is also a challenge for China and the rest of the world, in a different way. Richard Duncan's book makes it clear that making too much money in international trade is perhaps as big a problem as losing it. More about this soon.

No comments: