Word: hu
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...President Obama and British Prime Minister Gordon Brown—fresh off his humiliating trip to Latin America—tussled with Sarkozy and German Chancellor Angela Merkel on the priorities of immediate stimulus versus regulation, Paramount Leader Hu Jintao quietly positioned China as the champion of the entire, unrepresented developing world. Meanwhile, President Lula da Silva of Brazil—the planet’s most popular politician, with an 80% approval rating—explicitly blamed the irrationality of white, blue-eyed beasts of prey for the financial crisis...
...This issue popped up again, in the most oblique way, later on Wednesday, when Obama met with Chinese President Hu Jintao. Although the issue of imbalances was not raised directly by either man, according to a senior U.S. Administration official, the joint statement released by the two nations said both countries want to deal with the underlying causes. "[Obama] underscored that once recovery is firmly established, the United States will act to cut the U.S. fiscal deficit in half and bring the deficit down to a level that is sustainable," the statement reads. "President Hu emphasized China's commitment...
...magnet that is Barack Obama. That means the White House is expecting all kinds of posturing in and around the meetings with Obama for domestic consumption in various nations. Will Russian leader Dmitri Medvedev use the meeting to highlight the U.S. role in the financial collapse? Will Chinese President Hu Jintao bring up the proposal for a new international currency to supplant the U.S. dollar? Will Mirek Topolanek, the recently displaced Prime Minister of the Czech Republic, renew his rhetoric about the "road to hell" that Obama's economic policies present when they meet in Prague...
...Such absurdities underline the extent to which the government is now willing to go to preserve a "harmonious society," in President Hu Jintao's oft quoted catchphrase. Whereas previous leaders like Deng Xiaoping and Jiang Zemin have taken risky steps such as opening the country to economic reform and joining the World Trade Organization, the administration of President Hu and Premier Wen Jiabao seems "paralyzed by fear of the downside," as Bequelin of Human Rights Watch puts it. He says the state's level of control has always oscillated, but with a long period of heavy repression having already past...
...while social unrest itself is unlikely to threaten the Communist Party's dominance, with the Hu administration so heavily invested in social harmony, it could become vulnerable to infighting if grassroots unrest gets significantly worse. Scholar Min Xinpei of the Carnegie Endowment for International Peace in Washington D.C. argues that the real danger for China is likely to come from discord among the top leadership rather than street demonstrations. As Pei writes in a recent Foreign Policy article, internal Party turmoil could render authorities "less capable of containing social instability and thus creating a vicious cycle of events that could...