Streams

30 Issues: China and Russia

Tuesday, September 30, 2008

Robert Guest, Washington correspondent for The Economist, on the candidates position on US-China policy.

James R. Lilley, former ambassador to China and Korea, talks about what the next president will face when it comes to relations with China.

Dmitri Simes, president of the Nixon Center and publisher of The National Interest, reviews U.S. foreign policy toward Russia.

Guests:

Robert Guest, James R. Lilley and Dmitri Simes
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Comments [9]

eva

jenny,
I hate to sound like a broken record, but this is an example of china not only looking out for its business interests, but of learning how to use its soft power, as outlined in the last half of "What Does China Think" by, I think, Mark Leonard.
It's a short read, and worthwhile.

Sep. 30 2008 05:00 PM
Micheal from Manhattan

I am interested in the proposed Bering straights Chunnel between Alaska and Siberia

Sep. 30 2008 11:44 AM
Micheal from Manhattan

Georgia is not in Europe, its in Asia and has attempted to hide behind Europe's skirts as well as Nato's.
I do NOT support Russia's incursion into Georgia , but Kashasvilli started this affair in order to pull the USA into a conflict that we can not afford to have. When I see HIm speaking with the EU flag behind him when Georgia is NOT a member of the EU , I see him trying to manipulate the situation.

Sep. 30 2008 11:42 AM
j from nyc

re: China in space
when the astronauts start finding restaurant menus under the door of the international space station, it's totally over.

Sep. 30 2008 11:37 AM
Peter Joseph from New York City

Mr. Guest's comment about the Cuban missile crisis recalls the recent film "Virtual JFK," which shows that JFK resisted huge pressures to lead the U.S. to war, 4 times in 1000 days.

Sep. 30 2008 11:27 AM
Jenny from Manhattan

the source for my previous comment/question on China's lending to US banks:

http://www.reuters.com/articlePrint?articleId=USPEK16693720080925

China banks told to halt lending to US banks-SCMP

Wed Sep 24, 2008 9:52pm EDT

BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.
The Hong Kong newspaper cited unidentified industry sources as saying the instruction from the China Banking Regulatory Commission (CBRC) applied to interbank lending of all currencies to U.S. banks but not to banks from other countries.
"The decree appears to be Beijing's first attempt to erect defences against the deepening U.S. financial meltdown after the mainland's major lenders reported billions of U.S. dollars in exposure to the credit crisis," the SCMP said.
A spokesman for the CBRC had no immediate comment. (Reporting by Alan Wheatley and Langi Chiang; editing by Ken Wills)

© Thomson Reuters 2008.

Sep. 30 2008 11:19 AM
Micheal from Manhattan

TI disagree with the statement that the Chinese economy is not doing well. Thisi is not reflected by the levels of development and business activity on the street. There is some problems for exporters in the south of China, but they are the cheapest factory source for the US and they are adjusting to the situation. The huge size of the Chinese economy will bring about its own ability to sustain itself.

Sep. 30 2008 11:17 AM
Jenny from Manhattan

Two (2 1/2) questions:

1) Reuters reported on 9/24 that the Chinese gov't had ordered its banks to stop making interbank loans to US banks. I have seen no other reporting or commentary on this.

What does this mean? Could it be a step toward their not lending us anything, no longer buying our debt?

2) How does the Chinese use of resources affect the US economy? Are the Chinese implementing "green" measures as they build their economy?

Sep. 30 2008 11:16 AM
Amanda from Gainesville, Florida

FYI, most economists agree that China is NOT growing at that 9% rate. Those numbers are cooked by the govt., and most impartial analysis puts growth at 2% or even negative. The Chinese economy is not doing well now.

Sep. 30 2008 11:08 AM

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