With Iceland close to bankruptcy and the world's financial system going to hell, China stands somewhat apart in its relative isolation. Asia Times has an intriguing article on this: "In the past, China has been blamed for the low-degree of internationalization of its financial industries. Now it seems we are profiting from this 'fault'," the commentary said. Many Chinese … [Read more...] about Lessons for China from the world financial crisis
Analysis
Update: McCain injects Presidential Politics into U.S. – China row over Taiwan Weapons Sale
McCain seems to be getting a little desperate. He seems to be pulling all stops (including going negative and aggressive against Obama) and most recently also trying to inject some foreign politiking into his campaign. … [Read more...] about Update: McCain injects Presidential Politics into U.S. – China row over Taiwan Weapons Sale
Update: China cancels military, diplomatic contacts with US over Taiwan arms sale
According to a late AP piece , China is "furious" about the arms sale and has canceled serious senior contacts. Here is an excerpt: … [Read more...] about Update: China cancels military, diplomatic contacts with US over Taiwan arms sale
US arms sales to Taiwan "a slap to Wen Jiabao's face"?
In a surprise move to some, the United States reactivated a $6.46 billion Taiwan arms sales proposal and sent it to Congress for approval yesterday. (As late as September 28, the proposal was said to be frozen by the White House even as Taiwan lobbied Congress.) Some Chinese now believe China and Wen Jiabao were "played" by the US: "Premier Wen had just said to save the US … [Read more...] about US arms sales to Taiwan "a slap to Wen Jiabao's face"?
Evolving a self-correcting mechanism for the Chinese society: Thoughts on the tainted milk crisis and other Chinese scandals
The problem of Chinese powdered and liquid milk producers lacing their products with industrial chemicals has left the Chinese public (especially the parents) in panic. The facts of this crisis have been well-documented. I have a few thoughts about its implications. … [Read more...] about Evolving a self-correcting mechanism for the Chinese society: Thoughts on the tainted milk crisis and other Chinese scandals