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| President Hu Jintao November 15, 2009 China will move when it's ready Posted: 1004 GMT SINGAPORE – The talk was about global rebalancing. U.S. President Barack Obama arrived in Asia on his first official tour, talking about a "rare inflection point in history". A time where "we have the opportunity to take a different path." A chance to rebalance the model where Asia consumers consume more and US exporters export more. Chinese President Hu Jintao was among world leaders at the APEC summit in Singapore. APEC leaders fully endorsed the strategy; virtually every economy in the world does. But look inside the APEC meeting in Singapore, and see the problems of turning this into reality. One of the biggest may be China. More than two years ago, China began to allow its currency to appreciate against the dollar. By the time the financial crisis exploded, it had risen in value by about 20 percent. The crisis was the signal for China to freeze the exchange rate there at about 6.83 to the US dollar. That was a year ago. Even China's Asian trade partners are now worried that the Chinese yuan is undervalued against the sinking dollar. So one of the key issues in Singapore was to put subtle pressure on China to unfreeze its currency. Finance ministers talked about flexible exchange rates, the APEC leaders were expected to talk to about "market oriented" exchange rates - all aimed at prodding China to become a little more "market oriented" in its own exchange rates. But by the end of the gathering, all reference to market-oriented exchange rates in the final statement from leaders had been erased. There had been debate behind closed doors between the U.S. and China about the statement. In the end China appears to have won out. The message seem to be China will move only when its ready. And for all its newfound goodwill and push for re-engagement, there's not much the U.S. can do about that. Posted by: Andrew Stevens, CNN Anchor MIssing US-Hmong Citizen Laos not giving information on missing Minnesotans Courtesy: Star Tribune By KARE 11 Staff Writer Updated: 2 years ago Lao's government has not responded to repeated requests for information about three Hmong-American men from Minnesota who are missing in the country after reportedly being taken into custody by security forces, a U.S. Embassy official said Thursday. The three men from St. Paul, Minn., were arrested Aug. 25 by Laotian military and security forces, according to Philip Smith, the Washington director of Lao Veterans of America. He said it wasn't clear why the men were arrested, and that they had no known political or family ties to dissident groups. Smith said the men were traveling in Laos sightseeing and looking to start businesses. Amy Archibald, a spokeswoman for the U.S. Embassy in Laos, said embassy officials were aware of reports that the three were being detained in Laos but so far were not able to confirm it. "Officials in our embassy are working to confirm these reports, gain consular access to any detained Americans and provide appropriate consular assistance," Archibald said. "The central government of Laos has not yet responded to U.S. officials' request for an official confirmation." Laotian authorities have said in recent days they had no information about the men, identified as Hakit Yang, Conghineng Yang and Trillion Yunhaison. Sheng Xiong, Hakit Yang's wife, has said the families of the men last heard from them on Aug. 25, when Yunhaison borrowed a cell phone from a security guard and called his family to say he had been arrested. Smith said that based on his sources in Laos, the men were taken on Aug. 30 from Ponthong Prison in shackles and hoods and loaded into a government truck. They were then taken to an unknown location, he said. Members of Laos' Hmong minority served in a CIA-backed guerrilla army that fought against Lao communists in the 1960s and 1970s. Afterward, thousands fled retribution in communist Laos and settled in the United States. Smith is also the executive director for the Center for Public Policy Analysis, a group advocating democracy in Laos. | ||||||||||||||
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Davdub- member
- Registration date : 2009-12-19
Tub Soj Ntsuam- member
- Registration date : 2009-08-01
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Phooj ywg Dav Dub:
Thank you for the news & Information you've posted here! One of the three men from Minnesota was my cousin.
I'm pretty sure all 03 were gun down and disposed away from all public eyes!!
Thank you for the news & Information you've posted here! One of the three men from Minnesota was my cousin.
I'm pretty sure all 03 were gun down and disposed away from all public eyes!!
Davdub- member
- Registration date : 2009-12-19
Tub Soj Ntsuam,Tub Soj Ntsuam wrote:Phooj ywg Dav Dub:
Thank you for the news & Information you've posted here! One of the three men from Minnesota was my cousin.
I'm pretty sure all 03 were gun down and disposed away from all public eyes!!
That's right? now, I don't like the red Lao Communist. I hope 3 of your cousin still alive.