U.S.-China Clash Near Hainan Island/Success of Divine Performing Arts
Segment 1: U.S.-China Clash Near Hainan Island
On Sunday, March 7, the Navy surveillance ship Impeccable was harassed by a group of Chinese naval vessels. One of the vessels tried to snag the sonar device and came within 25 feet of the American ship. The Chinese government has asserted that the U.S. maneuver was an illegal [...]
China’s Economic Stimulus Plan/U.S.-China Policy
Segment 1: China’s Economic Stimulus Plan
Beijing has unveiled an economic stimulus program totaling $586 billion. It aims to bolster domestic demand and help avert global recession. The size of the stimulus plan was clearly designed to revive the fading confidence of Chinese businesses and consumers and impress foreign governments. The announced sum of four trillion [...]
China’s Tainted Milk Products/U.S.-India Nuclear Pact
Segment 1: China’s Tainted Milk Products
Fifty-four thousand infants were sick in China, six thousand hospitalized, four died. The tainted milk scandal has sparked global concern about Chinese food products, with more than 30 countries restricting Chinese dairy products, and in some cases, all imports of Chinese made food. EU has a Europe-wide ban on all [...]
Wall Street in Crisis/Asian American Voters Keeping Virginia Red?
Segment 1: Wall Street in Crisis
Wall Street is in crisis. It drove Lehman Brothers into bankruptcy and forced American International Group into the hands of the U.S. government. Merrill Lynch sold itself to Bank of America. Goldman and Morgan Stanley are to become commercial banks. China has resisted years of pressure from U.S. Treasury Secretary [...]
