Showing posts from February 17, 2012

China can help speed up US economic growth

Business Times - 18 Feb 2012 China can help speed up US economic growth But economic, geo-strategic components in the complex Sino-American relationship are tangled By LEON HADAR WASHINGTON CORRESPONDENT IT is not surprising that China bashing is being embraced by US politicians campaigning for votes in this election year dominated by nationalist, xenophobic and anti-immigrant sentiments. Indeed, when you are targeting the financially distressed American electorate, angry that their well-paid manufacturing jobs are allegedly being stolen by scheming foreigners, one effective way to win votes is by stirring up resentment against China's prosperity - seen by many Americans as an outcome of a well-coordinated strategy aimed at destroying the American economy. That may explain why Michigan Republican Senate candidate Peter Hoekstra decided to launch his campaign against incumbent Democratic Senator Debbie Stabenow on Super Bowl Sunday by running a television ad which introduces a young