Sunday, the Associated Press reported the President's first visit to China.
According to the New York Times, President Obama and Secretary of State Hillary Clinton will be discussing, various issues, "including North Korea, terrorism, the environment, human rights and the fragile state of the global economy."
The two and their advisors will remain in Beijing for three days.
According to AP, who is updating by the minute, "Obama arrived in Shanghai late at night, in a driving rain, hustling through a phalanx of umbrella-holding dignitaries to reach his limousine. On Monday, the president is holding talks with local politicians and, in one of the marquee events of his weeklong Asian trip, conducting an American-style town hall discussion with Chinese university students."
The New York Times reported that the President will have his first glimpse into a country whose economy is likely to grow by about8 percent, by far the best performing major economy, accounting for much of the world’s economic growth this year. The country’s real estate and stock markets are once again booming, and hot initial public stock offerings are luring frenzied investors to play in the financial markets.
But China's exports have suffered from a slow down of more than 20%, when a year ago the country was garnering a huge trade surplus when compared to the rest of the world.
Sunday, November 15, 2009
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