Zhang Monan is economics researcher with China's State Information Center and frequently appears on China Daily with her "big picture" takes on the global financial system. She is worthwhile following if you wish to understand how China sees the jostling of control between the now currently dominant developed countries and the emerging developing countries for a fairer share … [Read more...] about Zhang Monan (China Daily): “Towards new financial order”
trade
Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development
The following is a translation of an op-ed published published in China Review News. May 27, 2010 – Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development The recent spate of suicides at Foxconn in China has brought unprecedented attention to this major international manufacturing subcontractor of electronics … [Read more...] about Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development
The Cheonan incident – what do you make of it?
On 26 March 2010, South Korean (ROK) naval ship, Cheonan was sunk 1.9 km off the southwest coast of Baengnyeong Island. 46 of the 104 sailors were presumed killed. South Korea claims the ship was sunk due to a torpedo attack from North Korea (DPRK). "The cause of this explosion was not immediately determined, although experts said that an external explosion was likely, as … [Read more...] about The Cheonan incident – what do you make of it?
COMAC C919, Challenging the Boeing and Airbus Duopoly
The passenger aircraft industry is dominated by Boeing and Airbus. That landscape will start to change in 2016 when Commercial Aircraft Corporation of China (COMAC) (中国商用飞机有限责任公司) officially enters its C919 jetliner into service. It will compete head on against the Boeing 737's and Airbus A320's and is expected to be both cheaper and more fuel efficient. China Daily cited a … [Read more...] about COMAC C919, Challenging the Boeing and Airbus Duopoly
The U.S. and the Dollar in numbers; how crazy, you decide
$1.4 trillion out of thin air The U.S. government has created out of thin air ("manipulated" into existence if you prefer) $1.4 trillion since September 2008 (around the time of the financial crisis) to March 2010. (Source: U.S. Fed.) In December 2008, James Grant wrote an article in the WSJ criticizing the Fed "printing like mad ... and is the wrong approach with … [Read more...] about The U.S. and the Dollar in numbers; how crazy, you decide