Chinese Premier Confident on US Outlook

Posted on August 24, 2011 by Ben

Food for thought from the New York Times: The Chinese Premier is meeting with US counterparts and talking as if the US economic smackdown is just a passing phase. Amusingly, this carries a little bit of bias, considering that the Chinese actually own the majority of United States debt and thus wouldn’t want a collapse of US economics since that would make their debt worthless.

About Ben

Ben Hwang is involved in a number of online publications and also writes at his personal blog, LUX.ET.UMBRA. When he's not in the middle of starting companies and dreaming up new ventures, he is heavily involved in local community efforts. Currently resides in North Carolina.
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