Comments on: China Investment An Open Book?

60 Minutes: Sovereign-Wealth Fund's President Promises Transparency

[missingamerica]

And I don''t believe a word Gao Xiqing said.

Why?

If China were big on "We will do the right thing, regardless of the examples set by the industrialized nations who preceded us.", they''d be all over the Kyoto treaty as being too soft.

They aren''t - in fact, they vigorously resist pollution control agreements and use our precedent-setting and quite lengthy record of being a veritable cornucopia of pollution emission sources as their justification.

And just what kind of precedents have we set across the globe when it comes to attempting to control - and even strangle - sovereign nations through the manipulation of financial markets and even their economies?

lollll...it takes a truly trusting - I daresay gullible - sort to believe that China is one to turn its back on either the development of new weapons or the deployment of tried-and-true weapons.

Particularly when those tried-and-true weapons have been directed at them numerous times in the not-so-distant past...

[dotconnector]

China%u2019s sovereign-wealth fund want to buy time to comply with the standard followed by others, just like needing time to comply with WTO rules - Mistake then, Mistake now.

Make both sovereign-wealth funds and hedge funds comply with International Monetary Fund (IMF) Code, nothing personal, no hurt feelings just prudent practices, for a change. Otherwise, Al Qaeda will be one more step further to its goal of %u201Cbleeding America into Bankruptcy%u201D

[hypnotoad72]

Dr@t. We can''t say b**t**d yet half those movies CBS airs do? I''m going to go wallow in abject cynicism for a while. :P

[hypnotoad72]

cfin5 - because, it is possible those hackers are not working at the behest of the Chinese government. I mean, Timothy McVeigh killed and maimed hundreds of people and did it in the name of God; with numerous Christians denouncing the degenerate pig afterward. Timmy wasn''t working for anyone; he was just a ***.

Anything''s possible, but I will not wallow in abject cynicism. Not even when it''s fun to do.

[cfin5]

Hmmmm,....so what''s with all this Chinese computer hacking into our government secrets we keep hearing about. How does that fit in with this "pledge"?