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China Chastises West in Leadership Bid Before G-20

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Sheila Samples

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Evidence that China's 4 trillion yuan ($585 billion) stimulus package is taking effect is emboldening the nation's leaders to dictate their vision for a new world economic and financial order. Premier Wen Jiabao said this month he was worried about the value of China's $740 billion in U.S. Treasury holdings and asked for a guarantee of their safety.

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At www.bloomberg.com

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): China; China Investment Corp; Economic; Leadership- Leaders; Stimulus, Add Tags

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