From me????

Click here: China Lets Currency Rise a Bit

There seems to be some accumulating that the Chinese are behaving reasonably, mildly, cautiously.

Maybe because they are just such nice people,

Reversion to form:

Maybe because the sword of Damocles hangs over their head.

If, for any reason, there was a boycott of the 2008 Beijing Olympic Games, the ChiComs would lose face for a century.

It might well be enought to overthrow the government in a way that Tiannamen Square did.

Sports and society, as I have said here again, and again --- is very big time stuff.
Ping Pong diplomacy, soccer wars, de-segregation of athletic show the power of larger swaths of society.

I was in Souh Texas --- black, tans and whites apparently working and living in some sort of harmony --- when the color line was broken in High School Football, which is bigger than big.

The Coach of the powerhouse Alama Heights jumped in ecstatsy saying: "Look at our colored get their Nig--r.''

Sports unleashes a powerful stream of human emotion.

Figure out a how to tap it right and you have a big step to a more peaceful world.

Ben