New York, Feb 8 : The world needs “a global new deal” to break the mould of economic thought that led to the international financial crisis, the head of the United Nations agency tasked with promoting trade and development said on Tuesday.
Showing posts with label global economic stability. Show all posts
Showing posts with label global economic stability. Show all posts
Thursday, February 09, 2012
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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