PressEthic

U.S. Treasury Secretary, John Snow, recently engaged in talks with China, asking them to relax their currency policies, and open up the economy to foreign investors and banks.

According to the MSN Money site

Top U.S. economic officials sought on Sunday to persuade China that opening its markets to more foreign participation will put it in better shape to absorb potential shocks. U.S. Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan sought to allay Chinese wariness about pressing on with economic reforms while letting the yuan currency appreciate, as U.S. manufacturers would like.

According to the Taipei Times,

It has been an awkward lecture at times, given that China's economy is still growing at a blistering pace of 9 percent, is a huge magnet for foreign investors and is one of the US' biggest creditors. China's savings rate is nearly 50 percent, one of the highest rates in the world. The savings rate in the US, by contrast, has sunk to less than zero in recent months and is one of the lowest rates in the world.

I have extracted these two passages, and placed them out of context here, but anyone reading the original articles can detect the difference of tone between the two.

There is a lot to be said about the economic and political aspects of this situation. However, for now, just these two perspectives give an insight into how the same event can be projected in two very different lights.

You can either call the U.S. a savior trying to protect China from a major fall, or you can call this a forced intrusion for its own national interest. It’s all in the way you write it.