Monday, December 29, 2008

A Chinese View Of 2008: The U.S. Lost Influence. Russia Gained. Economic Slowdown Continues, But Globilization Is Gaining Speed

Marked Changes In World's Political,
Economic Landscape -- China View


BEIJING, Dec. 28 (Xinhua) -- The world has undergone remarkable changes this year, but international security situation on the whole remained stable with "peace" and "development" prevailing as the themes of the times.

In 2008, the world has continued moving toward multi-polarization, resulting in a distinctive shift of international forces. Globalization is developing in depth and regional cooperation is gathering momentum.

The world has been confronted with one hotspot issue after another and non-traditional threats are increasing. The world economic growth took a turn for the worse due to the outbreak of the global financial crisis.

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My Comment: A fascinating article from China and their view of the world. A must read for a different perspective on what is shaping up for 2009.

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