Intel has just announced its Q2 2010 earnings. It is the best quarter in the company's 42 year history. Some of you might say, "what?!" With the financial crisis in Europe and the U.S., how can this be possible? Here is a direct link to their Q2 2010 report. You will see in the report Intel's revenue is derived 57% from "Asia-Pacific" excluding Japan. With Japan's 11%, … [Read more...] about Intel achieved the best quarter in the company’s 42 year history
Archives for July 2010
Dagong rates U.S. credit worthiness below China’s and the impeccable timing of the report
"China unveils first sovereign credit rating report," and this news is spreading like wild fire in the West. One reason is the report ranking the U.S. lower than China. Here is a brief take on it at Seeking Alpha: "The Unthinkable: U.S. Stripped of AAA Credit Rating by Chinese Agency." The English version of the report is here. While Dagong Global Credit Rating Co., Ltd. … [Read more...] about Dagong rates U.S. credit worthiness below China’s and the impeccable timing of the report
On “Civil Disobedience” and commonality between Mohatma Gandhi and Martin Luther King Jr.
What's common between Mohatma Gandhi and Martin Luther King Jr? Henry David Thoreau. That's because Gandhi's successful non-violent struggle for Indian independence from the British and King's successful non-violent civil rights struggle to free African Americans were deeply influenced by Thoreau, especially his essay, "Civil Disobedience." (How does this relate to China? … [Read more...] about On “Civil Disobedience” and commonality between Mohatma Gandhi and Martin Luther King Jr.
In the new frontier of terrorism and nation building, US fights, China trades. But some small disconnect of roles.
http://www.google.com/hostednews/ap/article/ALeqM5g8SC2Cv9tmF8F3ikTseBTnL_apEAD9GO0EO01 While US fights a war of increasing desperation, mired by lack of local support and increasing corruptions, China is increasingly dominant in the markets of Afghanistan, and giving plenty of aid to government, building roads and hospitals. Previously, (many hoped), India, being so … [Read more...] about In the new frontier of terrorism and nation building, US fights, China trades. But some small disconnect of roles.
Zhang Monan (China Daily): “Towards new financial order”
Zhang Monan is economics researcher with China's State Information Center and frequently appears on China Daily with her "big picture" takes on the global financial system. She is worthwhile following if you wish to understand how China sees the jostling of control between the now currently dominant developed countries and the emerging developing countries for a fairer share … [Read more...] about Zhang Monan (China Daily): “Towards new financial order”