In this Op-Ed in China Daily, "FTA pushes ASEAN ties," an associate professor at the School of International Studies of Nanjing University had these interesting statistics about the trade volume between China and ASEAN countries: A much-anticipated free trade area (FTA) between China and the regional bloc was formally launched in early 2010, which, with a $4.5 trillion trade … [Read more...] about China – ASEAN trade increased 55%, expected to top $250billion in 2010
economy
China explains why she is not that excited surpassing Japan as world’s number 2 economy
The latest buzz is the expected overtaking of Japan by China as the world's number two economy some time in 2010. I'll ignore the more polarizing perspectives from the likes of CNN and the NYT. Here are some decent takes on this "news": Bloomberg, BBC (video), and Japan Today). (I have recently subscribed to the power of "multi-sourcing," thanks to Newsy. See my previous … [Read more...] about China explains why she is not that excited surpassing Japan as world’s number 2 economy
U.S. Protectionism against Huawei and why that was a good thing [for Huawei]
Stan Abrams over at China Hearsay has a good article out today, "U.S. Practices the Art of Zen Protectionism on Huawei." (If you follow Huawei, you will know that it is one of the most innovative companies in China, and it has made substantial inroads around the world for its reliable and cost-effective telecom equipment. Actually, if you talk to some Cisco engineers … [Read more...] about U.S. Protectionism against Huawei and why that was a good thing [for Huawei]
China Reported to be # 1 Energy Consumer – Why the Dread & Gloom?
According to a report by the International Energy Agency, China has surpassed the U.S. to become the number 1 consumer of energy. The Wall Street Journal has this report, a copy of which is included: China has passed the U.S. to become the world's biggest energy consumer, according to new data from the International Energy Agency, a milestone that reflects both China's … [Read more...] about China Reported to be # 1 Energy Consumer – Why the Dread & Gloom?
Intel achieved the best quarter in the company’s 42 year history
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