Russian President Vladimir Putin and Chinese Premier Wen Jiabao has just jointly announced in St. Petersburg to no longer use the U.S. dollar in their two country's bilateral trade. China Daily reported the news, headlining, "China, Russia quit dollar." This is a reaction to the yet another round of printing by the Fed ($600 billion in fact). "Quantitative easing" are new … [Read more...] about Russia and China pour water on U.S. ‘quantitative easing’
Archives for November 2010
A point by point rebuttal to the 2010 USCC Annual Report
In my prior post, "The 2010 USCC Annual Report is ‘truthless, prejudicial’," I ranted about the 2010 USCC Annual Report and reiterated Chinese Foreign Ministry call that the report was "truthless" and "prejudicial." Some of you expressed privately that I should address the report seriously, especially, as this is an "official" position taken by a branch of the U.S. … [Read more...] about A point by point rebuttal to the 2010 USCC Annual Report
柳叶湖美 (Beautiful Willow Lake) by 陈思思 (Chen Sisi)
(Youtube version if you are outside of China) … [Read more...] about 柳叶湖美 (Beautiful Willow Lake) by 陈思思 (Chen Sisi)
The 2010 USCC Annual Report is ‘truthless, prejudicial’
Recently, the U.S.-China Economic and Security Review Commission (USCC) released their "2010 Annual Report" (complete in PDF) to the U.S. Congress, criticizing China over many issues. The USCC's purpose is as follows: To monitor, investigate, and submit to congress an annual report on the national security implications of the bilateral trade and economic relationship between … [Read more...] about The 2010 USCC Annual Report is ‘truthless, prejudicial’
Software Piracy down by 13%, but how CCTV News reported it just sucked
CCTV is usually excellent. They have really good English language programming too. Occasionally I will run across programs or segments that make me want to cringe, like someone had just scratched his nails on a black board. In this segment, they are reporting 45% of software installed in all computers in China are pirated, and the trend over the last few years have been … [Read more...] about Software Piracy down by 13%, but how CCTV News reported it just sucked