Word: china
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...that he minds doomsday predictions. "I like seeing those stories because this tells me that there are [still] so many unbelievers out there," said O'Neill, who has been visiting China for 20 years. "There will [then] be plenty of people to realize the power of recovery, and more importantly as it relates to China, to start to recognize what is quite simply the most important economic story of our generation and quite possibly our children...
...Translation: global markets will remain buoyant longer than expected as the short-sellers are forced to cover their anti-China bets and the unbelievers finally come around and belatedly take long positions. For the sake of 1.3 billion Chinese and the rest of us, let's hope it's Jim O'Neill that's right, rather than Jim Chanos...
...handpicked by Chinese authorities for the occasion. They listened attentively, nodding in agreement at some of his answers and laughing at his jokes. Most of their questions were something less than challenging. "What measures will you take to deepen this close relationship between cities of the United States and China?" asked the first questioner, a young woman whom Obama picked randomly from the crowd. "What's the main reason that you were honored with the Nobel Prize for Peace?" asked another. A third followed up on the Nobel Prize line of inquiry. "What's your university/college education that brings...
...Huntsman's question, the most controversial of the night, asked about the "great firewall" that prevents open access to the Internet in China, where many websites are blocked by government censors. "I'm a big supporter of noncensorship," Obama said in a section of the event that was described on the website of Xinhua, the state-run news agency. "This is part of the tradition of the United States." (See the 50 best websites...
...strike a chord with the audience at the event. Obama received multiple rounds of applause, and when he spoke of the importance of education for women, many of the young ladies in the audience could be seen nodding their heads in approval. (Read "Five Things the U.S. and China Actually Agree...