<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Chinese Premier Announces New Spending Plan, Voices  Concern Over U.S. Treasuries</title>
	<atom:link href="http://moneymorning.com/2009/03/16/china-stimulus-7/feed/" rel="self" type="application/rss+xml" />
	<link>http://moneymorning.com/2009/03/16/china-stimulus-7/</link>
	<description>Global Investment News</description>
	<lastBuildDate>Fri, 25 May 2012 18:42:41 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
	<item>
		<title>By: Geithner Opens Up Debt Dialogue With China, but the Dollar Still May be Doomed</title>
		<link>http://moneymorning.com/2009/03/16/china-stimulus-7/comment-page-1/#comment-5775</link>
		<dc:creator>Geithner Opens Up Debt Dialogue With China, but the Dollar Still May be Doomed</dc:creator>
		<pubDate>Wed, 03 Jun 2009 14:06:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=5835#comment-5775</guid>
		<description>[...] While Geithner&#8217;s visit was initially described as an effort to promote stable, balanced and sustained economic growth, Geithner made sure to allay the concerns of China&#8217;s leaders, including Premier Wen Jiabo, who just months ago called on the United States &#8220;to guarantee the safety of China&#8217;s assets.&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] While Geithner's visit was initially described as an effort to promote stable, balanced and sustained economic growth, Geithner made sure to allay the concerns of China's leaders, including Premier Wen Jiabo, who just months ago called on the United States "to guarantee the safety of China's assets." [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: China Flexes its Muscles and Finds Support in a Bid to Dump the Dollar as the World's Main Reserve Currency</title>
		<link>http://moneymorning.com/2009/03/16/china-stimulus-7/comment-page-1/#comment-5774</link>
		<dc:creator>China Flexes its Muscles and Finds Support in a Bid to Dump the Dollar as the World's Main Reserve Currency</dc:creator>
		<pubDate>Sun, 12 Apr 2009 13:49:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=5835#comment-5774</guid>
		<description>[...] &quot;We have lent a huge amount of money to the United States,&quot; he said. &quot;Of course, we are concerned about the safety of our assets. To be honest, I am definitely a little bit worried. I request the U.S. to maintain its good credit, to honor its promises and to guarantee the safety of China&#8217;s assets.&quot; [...]</description>
		<content:encoded><![CDATA[<p>[...] &quot;We have lent a huge amount of money to the United States,&quot; he said. &quot;Of course, we are concerned about the safety of our assets. To be honest, I am definitely a little bit worried. I request the U.S. to maintain its good credit, to honor its promises and to guarantee the safety of China's assets.&quot; [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: China Continues to Expand its Economic Clout by Challenging the Dollar’s Dominance Ahead of the G20 Summit</title>
		<link>http://moneymorning.com/2009/03/16/china-stimulus-7/comment-page-1/#comment-5773</link>
		<dc:creator>China Continues to Expand its Economic Clout by Challenging the Dollar’s Dominance Ahead of the G20 Summit</dc:creator>
		<pubDate>Wed, 01 Apr 2009 10:03:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=5835#comment-5773</guid>
		<description>[...] Zhou&#8217;s assault on the dollar came just one week after Chinese Premier Wen Jiabao expressed his concern that overzealous monetary policy might significantl.... [...]</description>
		<content:encoded><![CDATA[<p>[...] Zhou's assault on the dollar came just one week after Chinese Premier Wen Jiabao expressed his concern that overzealous monetary policy might significantl&#8230;. [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: The Three Ways China May Deal With Growing U.S. Debt</title>
		<link>http://moneymorning.com/2009/03/16/china-stimulus-7/comment-page-1/#comment-5772</link>
		<dc:creator>The Three Ways China May Deal With Growing U.S. Debt</dc:creator>
		<pubDate>Wed, 25 Mar 2009 12:06:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=5835#comment-5772</guid>
		<description>[...] China announced a new array of stimulus measures earlier this month, this very important plan was overshadowed by China Premier Wen Jiabao&#8217;s concerns about the [...]</description>
		<content:encoded><![CDATA[<p>[...] China announced a new array of stimulus measures earlier this month, this very important plan was overshadowed by China Premier Wen Jiabao's concerns about the [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: James Yamaki</title>
		<link>http://moneymorning.com/2009/03/16/china-stimulus-7/comment-page-1/#comment-5771</link>
		<dc:creator>James Yamaki</dc:creator>
		<pubDate>Mon, 16 Mar 2009 19:27:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.moneymorning.com/?p=5835#comment-5771</guid>
		<description>China has a a large stake in the U.S.: its $724.7 billion investment in U.S. treasuries as of Dec. 2008.  It would do everything in its power to protect its own investment in a responsible way.

Now, it would be more than prudent for that country to reduce its foreign investment to countries like the U.S. and reallocate its assets to internal improvements like expanding its highway system, water, electricity, health care and old age benefits.

China has an influence on U. S. government policy.  By reducing its U. S. investments, the Chinese government would be forcing the U.S. to live within its own means and not rely on borrowed money from other countries like China to sustain its superficially high living standards, i.e. by living on other people&#039;s money.

I look at it as a win-win situation.  The U.S. would have to grab itself by its bootstraps and force itself to live less extravagantly while China would be able to raise its own living standards, which is currently low, and help its own people enjoy a better life.

China has some control over the U.S. because of its investments in the U.S. and the unbalanced trade that existed between the two countries.  One of the shortcomings of the Bush administration was not to address this problem earlier.  Now it is a huge problem and the problem is in the hands of the Obama administration.

Like any problem, first, you must know a problem exists.  Next, you must address it.  The Obama administration is confronting the problem and meeting it head on.  I believe it will mitigate the trade imbalance and attending U.S. deficit to China.

It does not take a rocket scientist to see the problem.  It amazes me that the people at the highest level of government wear blinders and go on their merry old way, not seeing the problem, until disaster strikes.</description>
		<content:encoded><![CDATA[<p>China has a a large stake in the U.S.: its $724.7 billion investment in U.S. treasuries as of Dec. 2008.  It would do everything in its power to protect its own investment in a responsible way.</p>
<p>Now, it would be more than prudent for that country to reduce its foreign investment to countries like the U.S. and reallocate its assets to internal improvements like expanding its highway system, water, electricity, health care and old age benefits.</p>
<p>China has an influence on U. S. government policy.  By reducing its U. S. investments, the Chinese government would be forcing the U.S. to live within its own means and not rely on borrowed money from other countries like China to sustain its superficially high living standards, i.e. by living on other people's money.</p>
<p>I look at it as a win-win situation.  The U.S. would have to grab itself by its bootstraps and force itself to live less extravagantly while China would be able to raise its own living standards, which is currently low, and help its own people enjoy a better life.</p>
<p>China has some control over the U.S. because of its investments in the U.S. and the unbalanced trade that existed between the two countries.  One of the shortcomings of the Bush administration was not to address this problem earlier.  Now it is a huge problem and the problem is in the hands of the Obama administration.</p>
<p>Like any problem, first, you must know a problem exists.  Next, you must address it.  The Obama administration is confronting the problem and meeting it head on.  I believe it will mitigate the trade imbalance and attending U.S. deficit to China.</p>
<p>It does not take a rocket scientist to see the problem.  It amazes me that the people at the highest level of government wear blinders and go on their merry old way, not seeing the problem, until disaster strikes.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

