From Financial Times, via MSN.com
China’s government on Thursday publicly kept its cool on the Democratic party’s victory in US Congressional elections, but Beijing policymakers are unlikely to be pleased to see Nancy Pelosi become House speaker.
Asked about implications of the imminent ascent of a congresswoman who once demonstrated for democracy in Tiananmen Square, China’s foreign ministry gave a boiler-plate response on the importance of improving Sino-US relations. [Full Text]
Read also: Dollar slips on talk of China reserves shift by David McMahon from Reuters.
