`
Senator Clinton's renewed push to reduce America's dependency on foreign-held debt is raising questions about whether economic protectionism and further restrictions on free trade will emerge as a prominent theme in the race for the White House.
"Obviously, the level of our debt that is now held by central banks and foreign government is a problem. And I don't want the administration to ignore this wake-up call and just hit the snooze button again."
Mrs. Clinton said the increase in foreign-owned debt coupled with the loss of manufacturing jobs and the increased dependence on foreign-made products is creating a "slow erosion of our own economic sovereignty."
BEIJING – U.S. Secretary of State Hillary Rodham Clinton says Washington and Beijing must work together if the world is to rebound from the financial crisis and she wants the Chinese to remain committed to investing in America.
"I don't think it's realistic to expect that we will see global recovery without Chinese and American cooperation and leadership," she said during an interview Sunday with the popular talk show "One on One."
With the export-heavy Chinese economy reeling from the U.S. downturn, Clinton has sought in meetings with President Hu Jintao, Foreign Minister Yang Jiechi and Premier Wen Jiabao to reassure Beijing that its massive holdings of U.S. Treasury notes and other government debt would remain a solid investment.
I wonder ... do the Chinese think this woman is as insane as we Americans do?
Senator Clinton Hints She'll Make America's Debt a Campaign Issue
March 2, 2007Senator Clinton's renewed push to reduce America's dependency on foreign-held debt is raising questions about whether economic protectionism and further restrictions on free trade will emerge as a prominent theme in the race for the White House.
"Obviously, the level of our debt that is now held by central banks and foreign government is a problem. And I don't want the administration to ignore this wake-up call and just hit the snooze button again."
Mrs. Clinton said the increase in foreign-owned debt coupled with the loss of manufacturing jobs and the increased dependence on foreign-made products is creating a "slow erosion of our own economic sovereignty."
Clinton urges China to keep buying Treasury bond
Feb. 22, 2009BEIJING – U.S. Secretary of State Hillary Rodham Clinton says Washington and Beijing must work together if the world is to rebound from the financial crisis and she wants the Chinese to remain committed to investing in America.
"I don't think it's realistic to expect that we will see global recovery without Chinese and American cooperation and leadership," she said during an interview Sunday with the popular talk show "One on One."
With the export-heavy Chinese economy reeling from the U.S. downturn, Clinton has sought in meetings with President Hu Jintao, Foreign Minister Yang Jiechi and Premier Wen Jiabao to reassure Beijing that its massive holdings of U.S. Treasury notes and other government debt would remain a solid investment.
I wonder ... do the Chinese think this woman is as insane as we Americans do?
No comments:
Post a Comment