In the meantime, we have boxed ourselves into a corner with the various trade agreements. Other countries complain about our fiscal problems, but by treaty we can’t do the obvious thing to raise revenues — a tax on imported goods.

By the way, it was Nixon that started the re-opening of China. I recall reading many articles hyping the thought that China was a nation of a billion would-be consumers, i.e. at the time some commentators viewed China as a market. I remember thinking, “Right — a billion consumers with an aggregate disposable income of about $1 billion.”

But the Chinese buy treasuries to keep the dollar high and the Yuan low. Now they have $1 trillion. Which have basically been bought in order to subsidize Chinese exporters.

So the Chinese have already gotten the “value” for their treasuries – they’ve pumped up their manufacturing industry. If they want “value”, they should let the Yuan rise so their people can afford to buy more. It’s that simple. Anything else is just a smoke screen.

Tiananmen Square was the epitome of the ‘audacity of hope.’

Tiananmen Square is the bare truth. It is a window into China.

You cannot know China without knowing Tiananmen Square.

month = 06
day = 04
year = 1989

Do you typical attract brain dead zombies to your program? Just a question arising from curiosity, especially this fellow Frederic.

What troubling is that some western media or some individual, Only singled out 1 event from hundreds important historic events out of china’s 5 thousands yr old history. It is neither fair nor balanced, it is biased.

Talking about June 4th is fine, let’s also talk about the looting and murdering by the west as well. Let’s also talk about the Brits were kick out of HK, and HK continue to prosper to today.

Do you honestly believe that they will continue to provide vendor financing to US consumers indefinitely?

Neal, so ah, people shouldn’t talk about the liquidation of demonstrators in Tiananmen Squre?

The NPR should also mark that as an important anniversary, to remind the public every year how the west used to loot, murder in china, fueling china’s civil war, causing millions lives lost, and how heroic chinese people are in the face of western invasion.

By only emphasizing on June 4th, it shows NPR is just another biased western media, NPR will never gain any recognitions from the chinese audience and any fair minded western listeners

America certainly does not have a perfect record but it does have a lot of marks in the ‘done good’ column.

WE WILL NEVER FORGET 6/4/1989

shttp://news.bbc.co.uk/onthisday/hi/dates/stories/june/4/newsid_2496000/2496277.stm

http://www.nytimes.com/2009/05/22/world/asia/22tiananmen.html

http://en.wikipedia.org/wiki/Tiananmen_Square

http://www.foxnews.com/story/0,2933,524339,00.html

To quote another, Ben Franklin said something about debt being the equivalent of slavery. I don’t like the Chinese record on worker’s rights, human rights, religious freedom, freedom of speech, right to petition government. I wouldn’t like to have to adjust our way of life to theirs, but we are probably headed in that direction, as their debtors. I don’t know if there’s anything that can be done about it. It’s really too bad.