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Tuesday, November 17, 2009

China's changing relationship with the US

Very good article to read:

In Obama's China trip, a stark contrast with the past - The U.S. tone toward Beijing is now much more conciliatory. Analysis from the Washington Post.

Personally, I am not sure what the real US goal of the trip to China was and what is actually being achieved. The official goals of the trip are to get China's help on North Korea, Iran, and Global Warming.

It seems the Chinese Government is very worried about the US deficit, since this impacts their exports and their economy. Not to mention the massive financing of the US debt that China has done. If the US economy somehow got worse, that would hurt China's economy. Blog post that mentioned China is curious on how the US Health Care Reform will impact the deficit.

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