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Message: US China Japan symposium (economy currency politics military)
US China Japan symposium Following are extracts from 2 articles
Such a relationship is evident from hard data, Zhou said. Last year, China replaced Japan as the world's largest holder of U.S. government debts, accounting for about 30 percent of the outstanding U.S. Treasury bonds as of the end of December, he said.
Can Japan, U.S., China work together?
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Each of the three countries face near-term and longer-term challenges, Jin said. The main near-term challenge for all is of course to overcome the financial crisis, but a longer-term challenge is how nations would maintain their economic foundations in terms of finance, human capital, industries and corporations, he noted.
A key short-term challenge for the U.S. is to prevent a collapse of the financial system, with the main objectives being the disposal of nonperforming loans, revitalizing lending to small firms and individuals, and beefing up financial supervision, Jin pointed out.
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JAPAN-CHINA-U.S. SYMPOSIUM HYPERLINK "nb20090411d2.html"Rivalries, mistrust must make way for tripartite crisis control By TAKASHI KITAZUME
Saturday, April 11, 2009
JAPAN-CHINA-U.S. SYMPOSIUM
Rivalries, mistrust must make way for tripartite crisis control
By
The three countries need to step up cooperation to ensure post-crisis global economic and financial stability, but they still face hurdles such as lingering mutual distrust and conflicting interests, they said.
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The three countries need to step up cooperation to ensure post-crisis global economic and financial stability, but they still face hurdles such as lingering mutual distrust and conflicting interests, they said. ...
China replaced Japan as the world's largest holder of U.S. government debts, accounting for about 30 percent of the outstanding U.S. Treasury bonds as of the end of December, he said.
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( Comment .: The symposium focuses on new world reality in the making and underlines new China's financial power and changes in China-Japan relationship . It also points to a new world or asian regional currency as was discussed several times over the last months . It's a new reality in the making and when this crisis is over the US dollar might have lost a lot of lust . )
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