The year 2012 turned out to be as bad as I thought. The recession in Europe was the predictable ,and predicted, consequence of its austerity policies and a euro framework that was doomed to fail. America's anemic recovery with growth barely sufficient to create jobs for new entrants into the labor force was the predictable, and predicted, consequence of political gridlock, which prevented the enactment of US President Barack Obama's jobs bill and sent the economy toward a "fiscal cliff".
The United States has a huge and growing stake in the Asia-Pacific region, one that offers great promise for the American economy through trade and investment but one that also poses some of the greatest foreign policy and diplomatic challenges.
The 23rd China-US Joint Commission on Commerce and Trade, held in Washington on Wednesday, has sent a clear signal that the world's two largest economies will benefit from a serious, careful handling of bilateral trade issues.
Driving in Beijing can be a dangerous experience because traffic is often congested and, worse, infested with reckless drivers who tend to cut into lanes or jump red lights or speed on emergency lanes to get ahead of others.
The fact that Vice-Premier Wang Qishan co-chaired the 23rd Session of the China-US Joint Commission on Commerce and Trade with Acting US Commerce Secretary Rebecca Blank and US Trade Representative Ron Kirk on Tuesday and Wednesday indicates the importance attached by the Chinese government to China-US economic and trade relations, and also highlights the important role of the commission in promoting bilateral economic and trade cooperation and stabilizing overall China-US relations.
Just a few hours after the tragic shooting last Friday in Newtown, Connecticut, which killed 20 children and six adults, my colleague suggested that we should discuss gun control in our weekly Across America Talk video program.
after the annual Central Economic Work Conference that concluded over the weekend set the tone for quality and efficiency-oriented national economic growth next year, Vice-Premier Li Keqiang on Wednesday reiterated such a policy shift and called for renewed efforts to push for its implementation.
|
|
|
|
|
|
|
|