My comment: Obama wearing a mandarin jacket is a cool gesture. I like it. Men look more interesting if wearing mandarin jackets. His speeches are cool and we celebrate it. Those gestures open the door of our mind and our heart to pay attention to what they do. But at the end of the day is facts what counts, not words and nice pics.
“The challenge Obama is facing is that the influence of the U.S. is rapidly waning and that he has little credibility” on trade issues. (*) Nobody asks much to USA nowadays, we all know that they are into an inmense economic mess that is extremely difficult to manage. We all just offer help to them because their recovery will be good for all of us. We just ask one thing. Do not ask anything if you are unable to give anything in return. If they want currency flexibilibity as a market driven currency market. They better start being a real free market. President Hu told clearly to Obama. Briefly: We believe that currency flexibility is not what the global economy needs, it is currency stability what the world needs. But if you, Obama, wants currency flexibility, first you have to: 1) Allow all foreign investments in USA without limit and refrain of making administrative authorization on alleged national security concerns. Disregarding if buyers are sovereign wealth funds or private investors. 2) Remove all trade barriers such as tariffs. Refrain your country of WTO probes to gain time.and to kick the can downhill. 3) Remove subsidies to your products, in particular farmery, to let them gain foreign markets unfairly from a market driven perspective. 4) Refrain yourself to manipulate US dollar through budgetary deficits and low interest rates. Until you are able to do that, you better keep silence and contribute with ideas, not with sticks. And acccept our help with a humble attitude, not as a exclussive priviledge that you deserve. Nobody asks Obama anything in current economic circumstances, except silence and humbleness. We all are committed to global recovery, it includes US economy. US administration better learns from APEC meeting instead of trying to impose its views to APEC, the time of "the dominating economy" is gone, disregarding which economy we mean. Hopefully it is gone forever. This is a multipolar world. Again, at the end of the day it is facts what counts, not words. It will be a real smart policy from US administration. With honest, friendly and cooperational attitude. Peace and best wishes. Xi (*) Obama’s Free-Trade Credentials Draw China, APEC Scrutiny http://www.bloomberg.com/apps/news?pid=20601087&sid=aFKrK5AcBecQ&pos=1 some quotes from that American source: "...leaders questioned his commitment to free trade and endorsed China’s stance on fighting protectionism." "The 21-member Asia-Pacific Economic Cooperation group, representing 54 percent of the global economy, pledged in a statement yesterday to “refrain from raising new barriers” to investment and trade. They didn’t mention currency distortions, which companies say give countries unfair trade advantages." “Obama talked about free trade, but recently the U.S. slapped tariffs on Chinese-made tire imports.” --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
