The New CS Board

[dindindon]

>> Sovereign debt is the Achilles-heel-of the DMs

Thank You for you reply,

may be to your surprise, at least for China, the story is quite straightforward.

Here are 3 commentaries i wrote, no particular reading order, but part 5 gave all the answers you want. Don't under estimate the integrity of Chinese leaders, they talk little, did a lot.

What’s wrong with China? part 5
http://www.siliconinvestor.com/readmsg.aspx?msgid=30234251

What’s wrong with China? part 3
http://www.siliconinvestor.com/readmsg.aspx?msgid=30233273

What’s wrong with China? part 6
http://www.siliconinvestor.com/readmsg.aspx?msgid=30235465


Finally, here is an open invitation by Kublai Khan in 1293/94?!
What’s wrong with China? part 4
http://www.siliconinvestor.com/readmsg.aspx?msgid=30234019

China trade surplus will reach all time high $600 billion in 2015 http://www.tradingeconomics.com/china/balance-of-trade, lots room to adjust the fiscal policies.

UK and German are realistic politicians, old foxes.

George Osborne: It’s in Britain’s interest to bond with China now
The future prosperity of this country depends on us strengthening our relationship with the world’s next superpower
http://www.theguardian.com/commentisfree/2015/sep/19/george-osborne-britain-should-bond-china-now

Background info:

US anger at Britain joining Chinese-led investment bank AIIB
http://www.theguardian.com/us-news/2015/mar/13/white-house-pointedly-asks-uk-to-use-its-voice-as-part-of-chinese-led-bank

Nicholas Watt, Paul Lewis and Tania Branigan
Thursday 12 March 2015 20.12 EDT
The US administration made clear in no uncertain terms its displeasure about Osborne’s decision to join the AIIB. A US official told the Financial Times: “We are wary about a trend toward constant accommodation of China, which is not the best way to engage a rising power.”
Britain was unsurprised by the decision of the US administration to air its concerns in public after the formal announcement that the UK would join the new investment bank.