Monday, September 14, 2009

Trade tensions

Just last night our local radio station applauded the Chinese government for their "economic assistance funds to Kosrae", and that their diplomatic envoy will soon arrive on the island to lay out the purposes for such funds. The bigger issue here is that we have the US on one side of our economic development plan and the Chinese on the other. Applauding both, we could not have imagined that they are in a trade crisis at the moment, as reported in the New York Times. Their disputes are about tires, chicken meat, tariffs, imports, exports... etc...etc. Wow! Talking about economic assistance and development? We are, undeniably, still in the dark! So wake up sleeping lady!

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