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© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.China vows billions of development dollars, debt forgiveness
By CARA ANNA UNITED NATIONS©2024 GPlusMedia Inc.
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Peace Out
Will that include America, which looks extremely poor on paper?
Lucky for America, China has no real power to force America to pay her debts.
M3M3M3
It might sound generous, but in reality China's moves to monopolise global manufacturing at all costs do much more to disadvantage many of these poor countries.
kazetsukai
China can forgive past debts of how much and with whom?
China may have given trillions but there is a major difference between China and other nations providing aid. For China it has been to allow such nations a "discount" in the form of aid to BUY from China, or to give other nations the funds to HIRE Chinese companies to USE those funds for so called development. Such aid has benefited those nations on the surface, but in essence has been for the benefit of China politically and economically, ultimately aiming to devalue the dollar and to increase the presence of the Yuan in the world. That has prompted the new international banking and financing group China has initiated.
Forgiving such debt only indicates that China has "recovered" MORE than what it had given out as Loans and Aid.
As with other nations including Japan and the USA, all those aids and loans have been by using the hard earned money of the people confiscated in the name of TAX.
As for nuclear and other "idealized" objectives, China has been the very country using scapegoats to further the very things that they declare they want to restrict and help to control. This declaration means that their objective has been met and can now limit or act as if China is participating in such control. The KEY to all this including what Obama has said is NOT in the rhetoric, but in what was not said and what is actually OCCURRING in the world.
Both countries have had the ability and the opportunity to prevent some of what has occurred, both countries did nothing. Internal politics aside, rhetoric does not mean anything in WORLD politics and International relations. There are much too much that exist BEYOND and BEHIND politics and politicians and government leaders.
The most dangerous and fearful is when RELIGION and RACE becomes physical and military, such as what is happening all over the world. So in the face of such major events, both leaders have no choice built to talk as if all is well and will go well with full cooperation.
But BOTH leaders have already SHOWN that what they say IS NOT what they really INTEND to DO. So we are FOOLS if we were to believe even a single word of what they announced.
Pukey2
It's funny how all the variety shows and news are covering Xi's visit to USA. extremely rare, considering that neither Xi nor Obama are Japanese. I'm now watching a show where they're showing a cartoon of Xi and Obama, each using one had to shake hands, and the other holding a weapon as if to knock each other out. And then there's the constant comparison with Abe's visit not long ago, ad nauseum. I don't know what it is, jealously, a desire to see things go south, an inferiority complex.
Well it ain't gonna happen. Xi has gone there to do business, while Abe is still grappling with TPP discussions which are going round in circles. There may be a lot to criticize Xi and China, but you can't criticize them for not standing on their own two feet. He's not going to kowtow or act as a minion for USA, unlike some other prime minister who has also had to shut up even when you realize your dear friend (read master) has been spying on you!