Sunday, November 15, 2009

journal 13

David, Barboza, (2009, Nov 15) Obama begins first visit to China

New York Times

http://www.nytimes.com/2009/11/16/world/asia/16shanghai.html

Obama comes to visit China for the first time. David Barboza (2009) says, in the New York Times, the purpose of this trip is tying the relationship between America and China (par. 1). Although the world’s economy is in deep recession, China economy still rises by eight percent (par. 7). Consequently, America is hoping that China’ new policy of currency will allow America to easily access the China market and speed up its exports (par. 4). Some America ministers say that China makes use of slowing down its currency to greatly increase its exports (par. 9). But the truth is that many Chinese companies exist and work in the US, and they also have to pay for the same business costs of America’s (par. 10). President Obama is very eager to work and cooperate with China for a better future of America. Let’s hope that the world recession soon slow down, creating jobs for many workers.

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