19th November 09

The New York Times

Equals at Last, for Better or for Worse

While no breakthroughs came out of the Barack Obama-Hu Jintao summit meeting, the U.S. president’s maiden trip to China will go down in history as a pivotal event in the relations between the two most powerful countries of the 21st century.

A Small Step to Bridging the Taiwan Strait

Once China and Taiwan had agreed on the substance of the financial cooperation deal they signed this week, they still had a few details to decide: Where should they sign the pact, what names should they use to sign it, and which Chinese script should they write in?

The Australian

We need China: Kloppers

BHP Billiton chief executive Marius Kloppers says Australia is unable to finance its resource development alone and needs foreign investment to build projects big enough to maintain market share, as China leads a dramatic increase in demand for commodities.

The Sydney Morning Herald

Obama's message slips in under China's radar
JOHN GARNAUT

BEIJING: Barack Obama's inaugural tour of China achieved no prize policy results but from Beijing's point of view it was worth ''a thousand pounds of gold''.

Asia Times Online

SINOGRAPH
Hu and Obama seal real deals
By Francesco Sisci

BEIJING - Both wore red ties, dark suits, and white shirts. While Chinese President Hu Jintao focused coolly on the audience, as if with no one in mind, United States President Barack Obama tilted his head to one side, watching his counterpart seemingly with warmth and attention.

Obama dodges Chinese missiles
By Peter J Brown

Over the past few days, the big blue 747 known as Air Force One with United States President Barack Obama on board crisscrossed the South China Sea from Tokyo to Singapore, and then Singapore to Shanghai. Flying high over the most disputed sea in East Asia today - at least as far as the US and China are concerned - Obama has been shuttled from one Asian metropolis to the next.

Surplus and capital formation
By Henry CK Liu

This is the fifth article in a multi-part series.

For an underdeveloped feudal economy transitioning towards a modern industrial growth path, one that is not isolated by hostile forces such as foreign embargos, the problem is not that economic surplus being too small, but that the way the economic surplus is produced and appropriated is not conducive to capital formation.