President Bush has nominated Henry Paulson, Jr to be the next Treasury Secretary. If it goes through, China may have a new friend on this side of the pond. At the least, China will have someone who knows them well.
Paulson has been to China more than 70 times! Holy toledo.
He has been to China more times than the 1.3 billion Chinese have. But, then he hasn't been there as long, right?
Paulson knows China and it is my guess that the Chinese will respect someone more if they have taken the time to come visit their country X 70 times!
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