China did it again - this time Hank Paulson came back with promises - US Senators drop China import tarrif bill
Peter Oberois
Sep. 29, 2006

Chinese are best at it. They brainwashed Hank Paulson very well with promises again. They did it so well that US Senators dropped China import tarrif bill.

The new US Treasury secretary went to China to get the Chinese currency revalued or atleast made flexible. China this time promised him some real goals and some time tables. The former wall street guru now is convinced China will do what US expects.

China did a great job in convincing the wall street guru and get the import tariff bill dropped.

Only time will say if China will ever change especially under the communist rule. They have promising same thing fopr decades. Nothing has changed much except duming their cheap labort goods on US has increased three folds.

Only time can say what will happen? But how long should the waut be?

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