Blogs
The emerging economies are behaving positively in the world stage
|
The fourth G20 Summit has just concluded a plenary session at the Metro Toronto Convention Center.
Global leaders in attendance have endorsed a bold pledge by rich nations to slash budget deficits in half in three years. Since the outbreak of the financial and economic crises in 2008, the previous three gatherings were held separately in Washington, London, and Pittsburgh. During the weekend summit, the emerging economies like china play a significant role which means they have become an inseparable part in the word stage and affairs.
During the financial turmoil, China is US's biggest creditor.Premier Wen even loses confidence in America's investment. For many times, China gets comforts from US government. For example, I remember last time’s visit by US Secretary of State Hillary Clinton’s delegation, she was interviewed in the “Dialogue” program from CCTV 2. The host also mentioned some Chinese people lost confidence in American’s investment. Hillary Clinton reassured it is safe to invest in the US and encouraged Chinese people also should invest in their own country.
Beyond that, these years, I think the emerging economies such as China, Russia, brazil, and Indian are challenging the old industrialized nations like UK, France and so on.
The 21st century is a new era for our developing countries, we should behave positively in the world events .
View AllAuthor's latest blogs
Post comment Comment (5 replies)
- Reply rainecho415
- I also believe the BRIC countries will contribute to the world's economy!
- Reply C.Robert
- Because of interdependency, nobody has a real choice. Every county plays its role in world economy, nobody can easily step out.
- Reply C.Robert
- rainecho415: I also believe the BRIC countries will contribute to the world's economy!If you are interested in that subject and you feel bored this summer, please read "The New Asian Hemisphere: the irresistible shift of global power to the East” by K. Mabubani. He gives an interesting view on world history and the swift of (economic) power to the part of the world we call 'east'.
- Reply rainecho415
- C.Robert: If you are interested in that subject and you feel bored this summer, please read "The New Asian Hemisphere: the irresistible shift of global powTerrific, thank you so much! If I have the access to buying this book, I would read it!
