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JAPAN NEWS AND DISCUSSION

Clinton urges China's continued investment in U.S.

World Feb. 22, 2009 - 03:14PM JST ( 13 )

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13 Comments

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smithinjapanFeb. 22, 2009 - 04:39PM JST

Well, the need for investment is no surprise, nor is Clinton's somewhat lax stance on China's human rights abuses in connection with said desire for continued investment.
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SushiSake3Feb. 22, 2009 - 06:37PM JST

She is urging China to purchase moer worthless U.S. government debt?
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rajakumarFeb. 22, 2009 - 07:15PM JST

Globally there is today,roughly 20 times present annual global trade in money. This is around 1200 trillion USD dollars.

If world slowing down today because of 30 trillions(30,000 billion) that still leaves about 1170 trillion of dollars out there,if we keep the global economic confidence stable and don't push down some company values further.

A lot of trillions of this have been pumped into China or loaned by China/US-EU-Japan and also by others .

China now can make planes,have their own version of NASA, nuclear power plant technolgy, magnetic levitation train technology and many other tech products for trade.

They have more PC users than any other nation. China also has surpassed US in car buying.

Many things we use like PCs,toys,fruits,cars,watches,batteries and many other things, just name it ,now are made in chinese plants/plantations.

They also will be putting 8 trillions or more in future, into global trade annually.

The rich money making corporations in China/USA need to invest in each other more to increase global trillions,in right way for all nations to prosper.

Raw materials companies,agro production plantations companies and Japan-China-US-EU support businesses need to expand more globally the right way ,with the right stuff.

East China-Japan-Korea and west USA-EU must take the lead to pulling up many nations-economy in their new found global teamwork of 2009/2010s.
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SuperLibFeb. 22, 2009 - 07:52PM JST

What he said.
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SargeFeb. 22, 2009 - 09:07PM JST

"With the export-heavy Chinese economy reeling from the U.S. downturn..."

The Chinese had best do what's best for their best customers.

Sushi: "She is urging China to purchase more worthless U.S. government debt?"

And China will buy it!
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smithinjapanFeb. 22, 2009 - 10:06PM JST

sarge: glad you can man up and admit it's worthless. The US is not in any position to tell China what to do, since the former DESPERATELY needs the latter. Not to praise the Chinese... they need the US nearly as bad, but for different reasons, and the US will simply collapse without Chinese investment.

This is why China was saved for last while Japan was simply a stop-over.
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SargeFeb. 22, 2009 - 10:16PM JST

"The US will simply collapse without Chinese investment"

And if the U.S. collapses, the export-heavy Chinese economy collapses.
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SuperLibFeb. 22, 2009 - 10:22PM JST

The US consumer is the best means to control the rural parts of China. When the US wants cash, China will give it whether they like it or not.

If I were the rest of the world, I'd be worried about what China and the US talk about behind closed doors...
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WolfpackFeb. 23, 2009 - 12:50AM JST

Pretty sad to see Clinton over there on bended knee begging the Chinese to invest in the American economy. It would be better for her to kow-tow to Obama and beg him and her Deomcrat colleagues in Congress to stop spending money that the government doesn't have. They have only be in office a month and they have already outdone Bush and the Republican Congress.
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VORFeb. 23, 2009 - 02:10AM JST

the part that is not reported is the "in exchange for what" details. If the Chinese were to quit lending our overspending government money, the government would have to start acting fiscally responsible. Obama and his cast of thieves are already on target to out do the previous administration within the first three years and then at about year four act as if they are balancing the budget. People paying attention will not be so easily fooled.
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GJDailleultFeb. 23, 2009 - 06:46AM JST

"Reagan proved deficits don't matter" - Dick Cheney, 2002

So nothing to worry about then. Seriously though - "People paying attention will not be so easily fooled." No offense, but I advise you to start following your own advice. The idea that if China stops lending your government will start acting fiscally responsibly is not a comment from someone paying attention.
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TatankaFeb. 23, 2009 - 06:55AM JST

Where else is China going to put its money? Euros? LOL The Chinese would rather put a gun in their mouth then invest in a European company where employees think working over 30 hours a week constitutes a human rights violation...
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VORFeb. 23, 2009 - 09:55AM JST

hey GJ, if you were paying attention, when Reagan ran up his deficits to get the basketcase economy he inherited from Carter and the Democrats going, he did it primarily by cutting taxes, rebuilding the military and cutting entitlements. The deficits he ran up never exceeded 10% of the GDP funded primarily by the US ally, Japan.

Do you have any idea how much Obama's deficits are or will be in relation to the GDP? If my sources are correct Obama's deficits will be between 40-60% of the GDP. If true, the US will be beholden to the Chinese for a very long time. You are comfortable with the Chinese determining our future?