US-CHINA TENSION MAY GROW

As global economic recesion grows, the relationship between US & CHINA is getting tricky at least. The friction comes as President elect Barak Obama readies a stimulus package worth $ 850 B that will require US to  borrow more than ever from CHINA.

But CHINA is already dealing with an unemployment of  10 Million migrant workers  and growing !!!

The World Bank forecasts that global trade figures that grew 6.2% in 2008, will shrink by 2.1% next year, the first such contraction since 1982.

As 2009 arrives, here comes another big issue to confront.

WIZ