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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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Could these women help save them all from financial crisis?

China has transformed itself from drab communism to the world's third biggest economy with 1.3billion consumers,hungry for the decade of fruits of capitalism. And they might be the one who gave the keys of life to the world economy . "Well people in Britain and America have been taking on too much debt,the chinese have spent last two decades carefully saving their money." In fact, this country has one of highest national saving ratings in the world. If the chinese can now be coaxed into spending their money,the economists say,that would be the key to the global recovery.

 The chinese premier Wen Jiabao was in Davos this week,talking up how China can revive the world fortunes Golden Brown wanted to do business with Mr.Wen, and more trade and investment will be top of thier agenda when they meet. But there are others who blame china for the financial crisis," China has become workshop of the world,exporting far more than it imports, China used those export earnings to buy american debt, which helped fuel mortgage bubble, and some say the credit crunch.Timothy Geithner was warning this week as American new treasury secretary,he is accused china of currency manipulation that created trade imbalances, leading to the financial crisis, though most experts disagree. "It's much better to believe that some conspiracy in Beijing to artificially overvalue the chinese currency so as to make chinese manufacturers and exporters wildly and unfairly competitive,and they put Ameircan worker out of business,all that is economic garble **

But if china is not to blame, how much help can it give Britain? The country has its own money problems,rural porverty,slowing growth and laid-off workers In this global cirsis,many chinese consumers will be lucky to keep themselves afloat never mind the world,the economy. Holly Williams Sky News Beijing

[ 本帖最后由 jocelyn714 于 2009-2-3 14:01 编辑 ]
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