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bush vs. china

in this first edition of china news, president bush comes out looking like a surprise winner as he actually decides to put more stock in expert advice rather than interest group demands. suddenly, pushing for the revaluation of the chinese yuan as the top priority on the china-bashing agenda seems like a bad idea. read it to believe it:
Why Bush Won’t Bash China (caltradereport.com)

keep in mind that dubya’s prime, newsworthy competition consisted of SARS and the chinese communist government (aka gungho for shenzhou) which finally decided to acknowledge the existence of poverty and homelessness in china. a step in the right direction, but a miniscule step that has taken far too long. making an empty gesture of assitance and deciding not to throw beijing’s homeless in jail does little to help the problem. in fact, it doesn’t do much good for the CCP’s image, either:
China finally opens its eyes to surging homeless crisis (chicagotribune.com)

DISCLAIMER: the views expressed by the news editor do not necessarily reflect those of the shanghai diaries … but they probably do. no, the news editor is not dan. yes, the news editor is sometimes in a cranky mood. deal with it.

11.05.2003, 12:31 PM · News