Here is a quick summary of Francesco Sisci's take of what the G8 want with China's currency RMB: … [Read more...] about Tall expectations on RMB
China
Is Fiat too clever?
The story of Fiat apologizing to China for its Richard Gere and Tibet themed ad for a new car was first reported on June 20. At that time, I quickly dismissed it as nothing but another blunder by the marketing department of a global company that should have known better. The ad itself wasn't problematic per se. But it was clearly created with Richard Gere's Tibet oriented … [Read more...] about Is Fiat too clever?
On China and Religion
For different cultural, political and historical reasons, the Chinese government officially recognises Buddhism, Taoism, Islam, Catholicism, and Protestantism as religions. As in the realm of commerce, medicine, the legal profession or any other human endeavours, China, like many nations and for her own reasons have chosen, as it is her right, to lay down a legal and regulatory … [Read more...] about On China and Religion
So China is responsible for the sub-prime loan crisis as well?
[Update inserted at the end] The U.S. Fed chairman Bernanke gave some amazing recycled remarks to the International Monetary Conference on June 3, 2008. In that speech, he offered some gems of wisdom such as: In the financial sphere, the three longer-term developments I have identified are linked by the fact that a substantial increase in the net supply of saving in emerging … [Read more...] about So China is responsible for the sub-prime loan crisis as well?
Lesson on physics: a stone sinks deeper if it keeps on digging
Alright, I have to concede, after a few days of reflection, that I might have been a bit too harsh on Sharon Stone. Some of the commentators, both on this blog and else where, have suggested/recommended leaving her alone for it was not worth the ink (or the LCD backlight decay) to argue over her remarks. I see the wisdom of such perspectives now. All I really should have … [Read more...] about Lesson on physics: a stone sinks deeper if it keeps on digging