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
Foreign Minister Yang Jiechi on China’s Foreign Policy
Chinese Foreign Minister Yang Jiechi held a live questions and answers session with journalists detailing China's foreign policy. The session was done in both Chinese and English. I thought Minister Yang was very articulate and Chinese brand of international relations will be well received around the globe. I will highlight some points and also weigh in on the Reuters … [Read more...] about Foreign Minister Yang Jiechi on China’s Foreign Policy
Outline of China’s 12th 5-year Plan
Chinese Premier Wen Jiabao has just reported on the work of the Chinese government and outlined the country's 12th 5-year plan (2011-2015). For China watchers, it would be a shame to not be familiar with at least some of these specifics. CCTV has all the materials in English, Russian, Spanish, French, and Arabic. For convenience, I have quoted below "Key targets of China's … [Read more...] about Outline of China’s 12th 5-year Plan
Shaun Rein on Education, Inflation, and Other Issues
In light of several recent posts we have had relating to Shaun Rein (see, e.g., this one on how to mend relations between West and China), I thought some of us might actually want to meet someone with intelligent things to say ... face to face. Here is a recent video of Shaun on CNBC sharing some his observations on current events in China. On a blog, this is as close as we … [Read more...] about Shaun Rein on Education, Inflation, and Other Issues
Russia Today on Russian-China relations and countering the “West”
Russia Today featured Martin Hennecke, an associate director at a financial services firm in Hong Kong, commenting on the Russia-China relationship. This was during the backdrop of Vladimir Putin's meeting with Xi Jinping, who is expected to inherit Chinese President Hu Jintao's job in 2012. The Russia Today news anchor said "Russia and China today agreed to help each other … [Read more...] about Russia Today on Russian-China relations and countering the “West”