Word: americanization
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...Each of them will be counting on continued Chinese growth to help pull the world through economic recovery and beyond, but they can't afford to be complacent about their business relationships with the Middle Kingdom. On March 21, the American Chamber of Commerce in Beijing reported that 38% of the companies responding to a recent survey felt frozen out - "unwelcome to participate and compete in the Chinese market" - a steep rise from 26% a year...
...made a scapegoat for economic problems that are, let's face it, very much made in the U.S.A. It has fired back fiercely. Premier Wen has called any talk about currency revaluation a form of "protectionism." His Commerce Minister later added that in any dispute between the two countries, "Americans and American companies" would suffer more than their Chinese counterparts. (See 25 sites we can't live without...
...noted that a Chinese envoy was en route to Washington to discuss trade issues, and pointed with hope to a May session of the biannual Strategic and Economic Dialogue, at which high-ranking delegations from both sides will sit down in Washington. "You got a sense," says an American participant, "that he wants calmer heads to prevail...
Clinton acknowledged "mistakes" in the past, specifically related to the economic development of Haiti. "When I restored the democratically elected President of Haiti, I also signed legislation which essentially increased the penetration into Haiti of American rice and reduced Haiti's own rice production. I think it was a mistake." But the main focus of the former Presidents was not the past but the present. President Barack Obama appointed both Clinton and Bush to spearhead U.S. fundraising efforts for Haiti...
...Europeans have long expressed dismay at the fact that millions of Americans have no health insurance, and tales of American suffering are always in the media. One such article appeared in Monday's edition of Le Figaro, France's biggest morning paper, which focused on a young woman who is dying of breast cancer in New York City's Bellevue Hospital because she had no health coverage and didn't get her diagnosis in time. "She might live to see President Obama sign the law, but she won't benefit from it," the article said...