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[英伦广角] 【整理】2009-02-01 温总理正式会晤英国首相

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Homework

 

Could these women help save this all from the financial crisis. China has transferred itself from the dragged communism to the world third biggest economy with 1.3 billion consumers hungry for the dedicated food and capitalism. And they might the ones who give the kiss of life to the world’s economy.

 

Well people in America and Britain have taken on too much debt but Chinese has spent the last two decade carefully saving their money. In fact, this country has one of the highest saving’s rate in the world if the Chinese can now be close into spending their money, the economists say that would be the key to a global recovering.


The Chinese primer Wen Jia Bao was in // this week talking about how China can revive the world’s fortune. Golden Brown wants to do business with Mr Wen and more business and trade would be on their top of agenda when they meet. But there are others who blame the China for the financial crisis. China has become the world shop of the world exporting far more than its imports. China uses its export earning to buy American debt which help to fill the mortgage bubble and some say the credit crunch.

 

// was sworn in this week as American new treasury secretary. He’s accused China of current manipulation that created trade imbalances leading to the financial crisis but most experts disagree.

It’s much better to believe that some consperency in // to artificially overvalued the Chinese currency so as to make Chinese manufacturers and exporters wildly unfairly competitive and put American work out of business.//

 

But if China is not to blame how much help can it to give Britain the country has its own money problems rural poverty slowly grows and laid off workers. In this global crisis many Chinese consumers will be lucky to keep themselves float. Never mind the world economy.

 

Horrly  Williams sky news in Beijing

 

 

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