Small Demon
Apr 052009
 

Interesting that the Vietnamese press, which is very likely to reflect official thinking, found more to praise in the recent G-20 meeting than the Western press. (I also didn’t notice anything about bowing or who was wearing a bow in the Vietnamese press, much to my relief.) Perhaps because one of the things the G-20 did was increase IMF resources. A lot depends on where you’re standing. It perhaps doesn’t hurt that the Vietnamese economy will grow at a 3.5% rate this year in stead of shrinking at that rate like the US. Of course, if it were not for the worldwide recession, Vietnam’s economy would have grown at around 7%.