China: Economic relaxations ahead

Simon at Simon World looks at two key parts of Chinese president Hu Jintao's economic concession plan announced today in the midst of Hu's visit to the United States.

“Will it magically reduce the trade surplus problem? In the longer term it should and will,” Simon says. “In the short term, no. In the short term, the problem is Americans (especially government and consumers) spending more than they save. That's not the fault of the Chinese.”

Start the conversation

Authors, please log in »


  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.