U.S. stocks rose a fifth week, giving the Standard & Poor’s 500 Index (SPX) its longest rally this year, as investors speculated weaker jobs growth will prevent the Federal Reserve from raising rates sooner than anticipated.
Showing posts with label U.S. markets. Show all posts
Showing posts with label U.S. markets. Show all posts
Sunday, September 07, 2014
Sunday, August 21, 2011
Fate of China-US relations
By Tong Kim
American Vice President Joe Biden’s visit to China last week provided a glimpse of a critical juncture in Sino-American relations, which, if not properly handled, may unravel the international economic order put in place under U.S. stewardship that has worked well to benefit the world as a whole for the past half a century.
Biden told his Chinese counterpart Xi Jinping, who is expected to succeed President Hu Jintao next year, “Fifty years from now, 100 years from now, historians and scholars will judge us based upon whether or not we’re able to establish a strong, permanent and friendly working relationship.” He also said a close relationship and cooperation between U.S. and China “is the key … to global economic stability.”
American Vice President Joe Biden’s visit to China last week provided a glimpse of a critical juncture in Sino-American relations, which, if not properly handled, may unravel the international economic order put in place under U.S. stewardship that has worked well to benefit the world as a whole for the past half a century.
Biden told his Chinese counterpart Xi Jinping, who is expected to succeed President Hu Jintao next year, “Fifty years from now, 100 years from now, historians and scholars will judge us based upon whether or not we’re able to establish a strong, permanent and friendly working relationship.” He also said a close relationship and cooperation between U.S. and China “is the key … to global economic stability.”
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