China"s Hu "U.S. dollar's dominance of financial markets was a product of the past"

[KissMy]

US companies expand goals as China leader arrives

China's president Hu Jintao - argued that the U.S. dollar's dominance of financial markets was a "product of the past," suggesting China would seek a more assertive role in the future. He passed up a chance to signal China's willingness to let its currency rise further against the dollar, a key U.S. demand.

Way to print & spend USA Government.

 

[william the wie]

You expected something different?

 

[Norman]

US companies expand goals as China leader arrives

China's president Hu Jintao - argued that the U.S. dollar's dominance of financial markets was a "product of the past," suggesting China would seek a more assertive role in the future. He passed up a chance to signal China's willingness to let its currency rise further against the dollar, a key U.S. demand.

Way to print & spend USA Government.

It was only a matter of time... Inflation is huge problem in china. It is the product imported from USA

 

[william the wie]

Don't worry when the China bubble pops this problem will go away.

 

[ekrem]

Don't worry when the China bubble pops this problem will go away.

When the so-called 'China bubble' pops, then all of China's industry will simply vanish. No Chinese will ever again attend University, and no Chinese will ever again consume products, because the industry has simply vanished. No Chinese will strife for class-advancement instead they are going to give it all up and begin to live in the jungle.

China is still in the process of industrialisation and reaps its benefit.
It produces real stuff and sells it.

What again do the US companies in its financial-market sell, which led to the crisis?

Producing clothes or electronics is no 'bubble' it is something very real and what people in the world need for consumption.
All that financial-market stuff no one in the world really needs except for classical banking.

 

[william the wie]

Don't worry when the China bubble pops this problem will go away.

When the so-called 'China bubble' pops, then all of China's industry will simply vanish. No Chinese will ever again attend University, and no Chinese will ever again consume products, because the industry has simply vanished. No Chinese will strife for class-advancement instead they are going to give it all up and begin to live in the jungle.

China is still in the process of industrialisation and reaps its benefit.
It produces real stuff and sells it.

What again do the US companies in its financial-market sell, which led to the crisis?

Producing clothes or electronics is no 'bubble' it is something very real and what people in the world need for consumption.
All that financial-market stuff no one in the world really needs except for classical banking.

The Chinese housing bubble is four times the relative size of the 1994-2006 US bubble. Talk all you want about less than half of China's economy when the bubble pops it will be like Japan in China.