China News Blog

You have to persuade skeptics Only long enough well so that they can convince you otherwise – it seems a bit to start the new week as if verträte the U.S. Vice President Joe Biden with a view of the investments of the People's Republic of China, this view . With China as the main sponsor, the U.S. had repeatedly criticized for its poor economic situation and lack of readiness to act and threatened at least behind closed doors with a retreat as an investor, are Biden speaks up.

In his view, China's concerns regarding the solvency of the U.S. and economic power are entirely unfounded. Rather, China's government should not underestimate the power of the United States. On the comments came during the visit to China by Deputy Secretary-president. On Sunday, Biden to be held in the southwest of the country. In his speech, the politician stressed once again that the U.S. was still in the future and the most important and best location for investment. Because the U.S. itself, the most interest in the continuation of this fact have, there is no doubt, Biden. He cited that the U.S. citizens consider themselves with a majority of 67 percent government bonds and also in possession of nearly 90 percent of all U.S. financial stocks were.

Solvency they would not take into account accordingly. This must be the government in Beijing deliberately done before decisions are made. Finally, it was hailed criticism from the Middle Kingdom, because several rating agencies have threatened to berabzustunfen the creditworthiness of the United States. The dispute over the debt ceiling in the U.S. Congress had led to resentment in China. The clear words of Biden seems to have served its purpose. Because several members of the Chinese government reaffirmed during the talks that they had absolutely confident in the economy of the United States.

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