Chinese President Consoles Earthquake Survivors

Hu Jintao (Photo credit: Xinhua)

Chinese President, Hu Jintao, consoled victims of the terrible earthquake that hit China last week, killing over 2,000 people. Previously, Jintao, was often seen smiling in public when greeting his constituents and foreign leaders, but international papers noted he let his compassionate side show in visiting, embracing and encouraging earthquake survivors this week. Jintao promised them "new homes" stating the region "will be rebuilt" and they "will have bright futures." That was nice.

STORY SOURCE: Hu Shows Empathetic Side in Quake Area

Obama, China And The Yuan

Chinese President Hu Jintao and U.S. President Barack Obama

U.S. President Barack Obama is still pressuring global titan, China, to change the value of its currency, the Yuan, which is an unbelievable request. China has maintained its position that it will not budge on this matter.

Once again, President Obama needs to focus on the U.S. economy and stop interfering in other nation's policies. That's what placed former President Bush firmly in trouble.

The way back for America in this financial crisis, is not for the government to tell others to take a step down, but for Washington to work with the nation in taking a step forward.

Obama To China: Change Value Of Your Currency

Chinese President Hu Jintao

China has balked at request from U.S. President Barack Obama, to change the value of their currency, due to the financial crisis in America and the worsening national economy.

It was not appropriate that he made such a request. If another nation's government made a similar request to the White House, it would be rebuffed and scoffed at, as it is asking another country to damage their economy, in favor of another one.

What Mr. Obama needs to do is raise his game and not ask others to take a step down. As the site has stated for many months, the U.S. government needs to focus on rebuilding the U.S. economy and return to the days when America was a key exporter in the world.

China digs in heels on yuan as U.S. raises pressure

Tue, Mar 16 2010 - (Reuters) - China said on Wednesday it "could not be any clearer" in its repeated commitment to a stable exchange rate after the U.S. Congress threatened to levy duties on some Chinese exports unless it revalues its currency.

The temperature in the long-running dispute over China's exchange rate regime is rising quickly, with a bipartisan bill introduced on Tuesday in the U.S. Senate that aims to get Beijing to let the yuan rise.

Focusing on the yuan will not help to solve problems in the Sino-U.S. bilateral trade relationship, a Chinese Commerce Ministry official told Reuters.

"We oppose the over-emphasis on the yuan's exchange rate," the official said, when asked about the bill. "The yuan's exchange rate is not a magic potion for solving global economic imbalances." ...

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China Slams And Excoriates U.S. Government

China's President Hu Jintao

The Chinese government excoriated the U.S. government as "hypocritical" via denouncing Washington's meddling in other nations' affairs and condemning other countries, while human rights abuses in the United States against Americans and residents continues unabated.

The rebuke was in response to a derogatory report the U.S. government issued on China. The Chinese government also took its American counterparts in Washington to task, for the current global financial crisis, which began in the U.S. corporate sector, that former President George W. Bush, left unattended, labeling in "a free market" which allowed financial corruption to take root and destroy the financial portfolios of many people in America.

The Chinese government stated, as a result of said lax financial policies and lack of corporate policing, many "People are suffering all over the world" having lost their homes, bank accounts and life savings.

China is the largest holder of U.S. debt and has become concerned regarding the $1 trillion dollars it is owed, in the face of the devaluation of the U.S. dollar, due to increased spending in Washington over the past year, in trying to correct former President George W. Bush's horrific decisions.

China calls U.S. a hypocrite over human rights

Fri Mar 12, 2010 9:24am EST - (Reuters) - China accused Washington of hypocrisy on Friday for its criticism of Beijing's restrictions on the Internet and dissent, blaming the United States for the financial crisis and saying its own rights record was terrible.

In its annual survey of human rights in 194 countries issued on Thursday, the U.S. State Department criticized China, along with Cuba, Myanmar, North Korea and Russia.

China's State Council Information Office, or cabinet spokesman's office, issued its own annual assessment of the United States' human rights record in response, and this year it dwelt on America's economic woes.

"The United States not only has a terrible domestic human rights record, it is also the main source of many human rights disasters worldwide," the Chinese report said, according to the official Xinhua news agency.

"Especially a time when the world is suffering serious human rights disasters caused by the global financial crisis sparked by the U.S. sub-prime crisis, the U.S. government has ignored its own grave human rights problems and reveled in accusing other countries."...

The latest Chinese counter-blast to U.S. criticisms said Washington should concentrate on "improving its own human rights."

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