[Yartonbler]

Classic case of "THE WATER NEEDS THE FISH and the FISH NEEDS THE WATER too "

================================================== ========
BEIJING : US Secretary of State Hillary Clinton Sunday urged China to keep buying US debt as she wrapped up her first overseas trip, during which she agreed to work closely with Beijing on the financial crisis.

Clinton made the plea shortly before leaving China, the final stop on a four-nation Asian tour that also took her to Japan, Indonesia and South Korea, where she worked the crowds to try to restore America's standing abroad.

In Beijing, she called on authorities in Beijing to continue buying US Treasuries, saying it would help jumpstart the flagging US economy and stimulate imports of Chinese goods.

"By continuing to support American Treasury instruments, the Chinese are recognising our interconnection. We are truly going to rise or fall together," Clinton said at the US embassy here.

Clinton had sought to focus on economic and environmental issues in Beijing, saying Washington's concerns about the human rights situation in China should not be a distraction from those vital matters.

Beijing's human rights record emerged nonetheless as an issue, as Chinese activists on Saturday reported being harassed or intimidated by Chinese authorities in a bid to stop them speaking out or meeting Clinton while she was here.

"Plainclothes police blocked me from leaving my home. They were afraid I would try to meet with Hillary Clinton or others in her delegation," democracy campaigner Jiang Qisheng told AFP by phone on Sunday.

Clinton and Chinese Foreign Minister Yang Jiechi largely agreed to disagree on human rights as they pledged future joint action on the economy and climate change.

The goodwill, also on display in her talks with President Hu Jintao and Premier Wen Jiabao, could raise hope for a new era of cooperation between the two largest greenhouse gas emitters and two of the world's top three economies.

"Now it is more important than any time in the past to deepen and develop China-US relations amid the spreading financial crisis and increasing global challenges," Hu told Clinton, according to state media.

Clinton began her day Sunday by attending a Protestant church service in western Beijing at which an AFP journalist saw plainclothes police taking away some visitors who attempted to enter the church.

Their identities could not be confirmed.

Later, Clinton met Chinese women's rights advocates at the US embassy but continued to steer clear of speaking on contentious human rights issues.

Instead, while taping an interview on a Chinese talk show, she focused on the need for China to help finance the massive 787-billion-dollar US economic stimulus plan by continuing to buy US Treasuries.

"Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said.

"We have to incur more debt. It would not be in China's interest if we were unable to get our economy moving again."

Clinton added: "The US needs the investment in Treasury bonds to shore up its economy to continue to buy Chinese products."

The US secretary of state had said on Saturday after meetings with China's leaders that Beijing was still confident in US Treasury bonds and expressed Washington's appreciation for the investments.

China is the top holder of US Treasury bills, with 696.2 billion dollars worth of the securities in December followed by Japan with 578.3 billion dollars, according to the latest official data from Washington.

China's economic growth is at its slowest rate in about two decades as foreign demand for its exports, including in the recession-hit United States, has dried up.

Yang indicated Saturday that China would not deviate drastically from its US Treasury policies, but gave no overt promises either way.

[Roorseprate]

buy the toxic loan???

why dun china throw money into the sea????

[OWDavid]

buy the toxic loan???

why dun china throw money into the sea????

This is the USA trying to force some loans out of rich China, because the USA is now very broke.

China should as for collaterals:

Shares of Intel AMD IBM HP Yahoo Google Apple Boeing except for Microshit.

When US can not pay up when loans are due, take over all these strategic businesses.

[Phlkxkbh]

when USA cannot pay, its very simple, they will arm TAIWAN to the teeth and ask their proxy to invade the mainland.

this is what americans do, if you cant pay em, you kill em

[grudabor]

when USA cannot pay, its very simple, they will arm TAIWAN to the teeth and ask their proxy to invade the mainland.

this is what americans do, if you cant pay em, you kill em

But first, they have to find another Ah Bian.

Then China will play chess. Arm their proxy, North Korea, to attack Japan and South Korea.

At the same time, export more toxic toys, poisoned dog food and illegal workers to US.

[OWDavid]

when USA cannot pay, its very simple, they will arm TAIWAN to the teeth and ask their proxy to invade the mainland.

this is what americans do, if you cant pay em, you kill em

Arm Taiwan using what? Recycled scrap metals? Karanguni arms?

When the USA is broke, you think PRC will lend them $$人民币 to arm Taiwan?

This would be the greatest joke to PRC's people.

Now Obama is borrowing $$人民币 to keep jobs and bread for families.

Arms?

You know the Russian arms until today still not fully restored from the Soviet days of lining up to buy bread? Still remember Goberchov's tough days? No jobs, no bread? USA is moving into identical situation right now.

Obama = Goberchov.

[grudabor]

Arm Taiwan using what? Recycled scrap metals? Karanguni arms?

When the USA is broke, you think PRC will lend them $$人民币 to arm Taiwan?

This would be the greatest joke to PRC's people.

Now Obama is borrowing $$人民币 to keep jobs and bread for families.

Arms?

You know the Russian arms until today still not fully restored from the Soviet days of lining up to buy bread? Still remember Goberchov's tough days? No jobs, no bread? USA is moving into identical situation right now.

Obama = Goberchov.

Basically, I will not under-estimate US. They are still the largest economy on world and as force to reckon with. Just that a large portion of its economy is based on using borrowed money to consume.

China, as the supplier of debt, has to be blamed too. In the interest of making itself a world factory, it has made its own citizens are too poor to lift its economy out of the current woes. Moreover, it is holding so much IOU from US that it will have no choice, but continue to support the US treasury.