Despite the moral posturing and smearing campaign against China in the Western media on the currency valuation issue, the essence of the current rebalancing of our world economic system is a fight between the rich and the poor (and between the rich themselves). The U.S. really doesn't have this currency valuation issue all that together. Here, NYT reports "Currency Rift … [Read more...] about The current global imbalance, a fight between rich and poor
Top Ten Interesting Things about China from Yahoo Video
I have too many serious things in my mind. So I decided to purge them by posting this funny (but not too slanderous) video from Yahoo about China (Taiwan not being shown as part of China can be interpreted as slanderous, but I won't argue in this context). Top 10 Extraordinary Facts About China @ Yahoo! Video … [Read more...] about Top Ten Interesting Things about China from Yahoo Video
The 2010 Nobel Peace Prize to Liu Xiaobo and what it means to the Chinese
The 2010 Nobel Peace Prize has just been awarded to Liu Xiabo, and according to the Nobel committee, the key reason was "for his long and non-violent struggle for fundamental human rights in China". Of course, the Western media is using this occasion to lambaste the Chinese government. They are parroting the anti-China positions from all the die-hard "human rights" activists … [Read more...] about The 2010 Nobel Peace Prize to Liu Xiaobo and what it means to the Chinese
Fighting for Jobs in a Globalized World
Last week, the U.S. Congress passed a bill that authorized the Obama administration to raise tariffs against Chinese goods in response to China's alleged manipulation of its currency, purportedly to gain an unfair trade advantage. According to this article , while the Obama administration "has not taken a position on the bill ... [t]he vote 'shows lawmakers have serious … [Read more...] about Fighting for Jobs in a Globalized World
the 8th Asia-Europe Meeting (ASEM)
The 8th Asia-Europe Meeting (ASEM), a bi-annual event (the previous was in Beijing in 2008), just took place on October 4th and 5th in Brussels, Belgium. It was a big deal. Asia and Europe represent 60% of humanity and 60% of global trade. I like how ASEM state their mission. Below is part of it: … [Read more...] about the 8th Asia-Europe Meeting (ASEM)