Supporting the development of the future stewards of U.S.-China relations
Xi in the U.K.
This week the economy and the U.K. are the main topics. Make sure to check out the documentary...it is only 20 minutes long and quite interesting with lots of back story and behind-the-scenes incidents.
A new set of Chinese economic statistics is out, and China turned out 6.9% growth for the third quarter. The growth beats some expectations, but also perhaps marks the beginning a lower growth period as the economic rebalancing moves slowly forward. With the stock market scare and profligate spending to support the Renminbi's value, China's economy looked a bit shaken this summer. As always part of the question is whether these statistics are reliable as an indicator of intentional slowdown, natural market forces, or manipulation. Chinese commentary, however, is notably upbeat.
Teach a man to fish... You all know the saying in English, but how many knew how to say it in Chinese? Xi Jinping used this in a speech on October 15 addressing the Poverty Reduction and Development Forum in Beijing.
Since Xi Jinping is in Britain, this week's documentary takes a look at Margaret Thatcher's historic trip (pun intended) to China in September of 1982. It was a critical visit, where Thatcher and Deng did diplomatic battle over the future of Hong Kong. The trip also coincided with Kim Il-sung's visit to Beijing...
The film continues with Thatcher's visit again in 1984 and Queen Elizabeth's in 1986.
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