China’s leader Hu Jintao may teach President Obama how to grow the U.S, economy.

Sahit Muja: China’s leader Hu Jintao may teach President Obama how to grow the U.S, economy.
Hu Jintao  is world’s most successful  leaders his visit to The U.S will help The U.S. relation with new superpower China.

President Hu has dismissed The U.S claims that Beijing undervalues its currency, the yuan, and that this restricts access to markets in China.
President Hu Janitao has also taken a swipe at the fiscal management of the U.S and the huge deficits run up by Washington.
China has averaged 10 percent growth annually since it embarked on market reforms in 1978.
The remarkable economic growth in China in the last 10 years have changes the landscape of China and the global economy.

Economic growth is not only important to China, it is also becoming increasingly important to the world.
Chinese power has  increased considerably in economy, military, geopolitical, trade and financial affairs.
China is indeed one of  the world’s greatest power. China’s economic growth accelerated to 10 percent this year.

China is the world’s fastest-growing major economy.
China is the world’s largest producer of steel and world’s larges consumer of copper, iron ore, aluminum, ferrochrome, chrome ore and nickel.

Hundreds of billions of dollars are invested presently by China in natural resources in Africa, Australia, Brazil, Russia, Iraq, Europe, Canada, East Asia, and US.
this is a very Chinese approach and sadly most American’s perceive this as a negative gesture, rather than positive. china has made remarkable gains in the past 30 years and as a people, they are very proud to be Chinese and very proud of where china stands today.

America seem to be suffering from “sour grapes,” lately, in that China is actually doing something better than themselves. I have had the privilege of living in China and U.S and both countries have some strong similarities both Chinese and American people are hard working, intelligent and have a big dreams for better life.  China and U.S, would be better off if we could benefit from each others strengths and identify and improve our weaknesses.

China is simply playing the game that America had invented, but doing so better, and winning, and we don’t like it. China will be  the world’s largest economy in  20 years. China has an advantage to surpass The U.S., and  European economy.The Chinese foreign reserves rose by $199 billion in the fourth quarter, to $2.85 trillion.  With the reserves of $2.85 trillion China has an advantage to invest largely in energy, metals, and other natural resources.
China has increased control and access to oil, natural gas, minerals,  and all other commodities, and raw materials worldwide.

China has exploited the economic crisis in Africa, Latin America, Russia, U.S., Middle East, Iran, Afghanistan, and Europe to control natural wealth .
China has expanded its access to world’s markets by way of state companies backed by guaranteed capital by Chinese Government .
China’s actions has left The U.S, European and Indian companies far behind to compete.

Chinese power has increased considerably in economy, military, geopolitical, trade and financial affairs. China is indeed one of the world’s greatest power.
China’s economic growth accelerated to 10 percent in 2010. China’s energy consumption surpassed the US by 0.4% at 2.252 billion tons of oil equivalent .
China bought record volumes of oil, natural gas, coal, copper, aluminum, gold, ferrochrome, chrome ore and iron ore this year.

The world’s fastest-growing major economy consumes more than a third of the world’s aluminum output, a quarter of its copper production, a tenth of its oil and accounts for more than half of the trading in iron ore.
China is the world’s largest producer of steel and world’s larges consumer of copper, iron ore, aluminum, ferrochrome, chrome ore and nickel.

This year China bought hundreds of billions of dollars worth of iron ore, refined copper, crude oil, alumina, chrome ore, coal, ferrochrome, and other commodities.
China has launched its investment policy because of rising demand, economic growth and crippling pressure on its own natural resources.

China’s population has almost trippled from 500 million to 1.3 billion in 50 years.
China is hungry for land, food, energy, and all other natural resources.
Hundreds of billions of dollars are invested presently by China in natural resources in Africa, Australia, Brazil, Russia, Iraq, Europe, Canada, East Asia, and US.

China’s government said its foreign exchange reserves soared to a record $2.85 trillion. If China invests $2.85 trillion dollars in the natural resources and energy worldwide. China will be world’s largest economy in  20 years.

Sahit Muja
President & CEO
Albanian Minerals
New York

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