English: President Barack Obama talks with Chinese President Hu Jintao during the morning plenary session of the G-20 Pittsburgh Summit at the David L. Lawrence Convention Center in Pittsburgh. (Photo credit: Wikipedia)
The is an excellent and strongly recommended article by Gideon Rachman in the FT. Check it out!
via Obama and Xi must halt the rise of a risky rivalry – FT.com.
As I was reading the article, I was thinking about the potential cost of the US and Chinese defence forces and the benefits of chanelling this towards reducing global austerity.
Any thoughts?

