Friday, January 04, 2008

Look ahead year 2008

with today's big selloff and Japan's Tokyo Stock Exchange Index lost over 600 points, people are wondering if Japan's economy is going to be dragged down by the U.S. and subprime crisis, or it will be liftoff from still going strong Chinese economic engine?

U.S.'s economy is dragging down further with a worse job report and even President Bush calls for a meeting to discuss the economy.

What's amazing country America! Being a son of Arkansas mother and a Kenyan father, Obama won the first step to a presidency.

While in America there is a Mandarin Chinese boom, in Taiwan, goes a Japanese culture boom, Anime and TV drama among the hot hits.

Chinese and Japanese historians meet to have a third round of joint study of history.

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