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Saturday July 31st 2010

China warns against Obama-Dalai Lama meeting

President Obama is scheduled to meet with the Dalai Lama today in the White House. The Chinese are extremely unhappy and have even hinted they will try to injure the American economy if the meeting happens.

That isn’t likely to fray economic ties secured by $366 billion of mutual trade and $755 billion in Chinese-held U.S. Treasury bills, according to analysts.

Now, the meeting will take place as prickly issues have come between Washington and Beijing, including trade disputes; a recent U.S. arm sales deal for Taiwan, and a censorship row over Internet search engine Google Inc.

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