James Fallows has just published an article, "Learning to Love the (Shallow, Divisive, Unreliable) New Media," which I thought was really excellent. I don't particularly care for his China articles, but Fallows is a veteran in the Western media business. It is a hefty read, but I highly recommend it, in its entirety. His intro below: Everyone from President Obama to Ted … [Read more...] about James Fallows, “Learning to Love the (Shallow, Divisive, Unreliable) New Media”
Analysis
Wu Bangguo on “multi party rule” ruffles some feathers in the West
Wu Bangguo, Chairman of the National People's Congress Standing Committee, recently precautioned other Chinese leaders of "chaos unless correct path is taken." Wu's key point is that China should not blindly follow others' political systems for the sake of following. Rather, China should advance one suiting her own conditions. He even pointedly said, "on the basis of … [Read more...] about Wu Bangguo on “multi party rule” ruffles some feathers in the West
“China & Industrial Espionage: When Will It End?” – a wrong mindset
I can accept this being an honest attempt at objectivity in talking about China, but invariably, this is a fallacy in the "Western" mindset I frequently see in the English language "China" blogs. Stan Abrams at China Hearsay recently published an article, "China & Industrial Espionage: When Will It End?" where he explains the Renault disputes are likely overblown and China … [Read more...] about “China & Industrial Espionage: When Will It End?” – a wrong mindset
Seiji Maehara, Japanese Foreign Minister resigns; for 250k Yen or Kuril Islands?
On March 6, 2011, Japanese Foreign Minister Seiji Maehara resigned officially due to accepting donation from a Korean national. Most countries have laws banning officials from accepting foreign donations directly or indirectly. Obama was forced to return some donations in 2008 for this same reason. Maehara's receiving of 250k Yen is paltry though, and I don't think that is … [Read more...] about Seiji Maehara, Japanese Foreign Minister resigns; for 250k Yen or Kuril Islands?
The beginnings of a multi-currency monetary system for the world
One of my favorite columnists for China Daily is Zhang Monan. She has a crisp picture of our world's financial system. Her recent Op-Ed, "Rebalancing global economy," lays out for us the benefits enjoyed by the U.S. for having the USD dominating the international monetary system. Precisely because the U.S. is diluting the value of the USD at the rest of the world's expense, … [Read more...] about The beginnings of a multi-currency monetary system for the world