China President Hu Jintao has landed in U.S. on his official state-to-state visit and was greeted at the airport by U.S. Vice President Biden today. The U.S. media continues the same old tune: 'currency manipulation', 'human rights', and etc. I hope Presidents Hu and Obama make pragmatic breakthroughs at the conclusion of this visit. For now, I would like to take this … [Read more...] about China President Hu Jintao visits U.S. midst hostile U.S. media
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Chinese scientists made breakthrough in nuclear technology increasing uranium efficiency 60 folds
Chinese scientists made breakthrough at the No.404 Factory of China National Nuclear Corp in the Gobi desert in remote Gansu province, enabling the re-use of spent uranium and increasing the efficiency of nuclear fuel by 60 folds. China's existing supply of uranium throughout China was estimated to last for 70 years. With this technology, China now forecasts the supply … [Read more...] about Chinese scientists made breakthrough in nuclear technology increasing uranium efficiency 60 folds
Russia and China pour water on U.S. ‘quantitative easing’
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’
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
Michael Spence on China, U.S., and growth of the developing vs. developed economies in coming decades
the Economist recently interviewed Michael Spence (Professor of Economics, Stern School of Business, New York University, and Senior Fellow, the Hoover Institution, Stanford University), and I thought his comments about China, the U.S., and the growth dynamics between the developing countries and the developed countries were rather interesting. He talks about economics … [Read more...] about Michael Spence on China, U.S., and growth of the developing vs. developed economies in coming decades