As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

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As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

As Barack Obama touched down in China, the American press seemed to settle on a single story line. The president, wrote the New York Times, will be “assuming the role of profligate spender coming to pay his respects to his banker.” And the Wall Street Journal highlighted “China’s Blunt Talk for Obama,” about US economic policy and the “nervousness” expressed by Chinese leaders that “huge U.S. budget deficits will weaken the dollar and slash the value of China’s massive foreign-currency holdings.”

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