Monday, 26 January 2009

Remaking America


CHINA’S Prime Minister, Wen Jiabao, begins a week-long visit to Europe on Tuesday January 27th. His “trip of confidence” will take in Germany, Spain and Britain and is intended to reassure Europe that China is keen to help in tackling the world’s economic and financial ills. But relations with America are set to sour. Timothy Geithner, America’s incoming treasury secretary, has accused China of “manipulating” its currency to keep Chinese exports cheap.

This is probably what Barack Obama ment when he declared in his inaugural address, “we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.”

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