Advocating Safe Products for the World
General’s son crashes into wall of outrage (Reuters) The cute, buried comment, is the kid was driving using fake license plates implying high level status let alone that he was not old enough to have a driving permit.
Reuters is out today with a report where Chinese officials are criticizing the US against potential trade protection measures proposed by Senate majority leader Harry Reid. This would be funny if it wasn’t so serious. China has numerous, active local protections against trade INTO China. They want to keep the playing field un-leveled in their […]
What’s it mean when the richest in a country has as their number one desire is to leave their home country? I wonder how this AP article is getting played, if even seen, in China? Chinese millionaire Su builds skyscrapers in Beijing and is one of the people powering China’s economy on its path to […]
The Globe and Mail of Canada are reporting that with the new government of Libya taking Tripoli they have found documents presenting proposed arm sales from state-owned companies of China to the now deposed dictator of Libya, Moammar Gadhafi. As the Globe reports: China offered huge stockpiles of weapons to Colonel Moammar Gadhafi during the […]
US’s new ambassador to China is causing some soul searching within China (twixt between pride and ‘it couldn’t happen in China’) See Bloomberg This one is long but serious – basically China’s ‘banks’ aren’t banks as we think of them but are vehicles for government policy and certainly are not investment grade but more likely […]
America can’t afford complacency on China (Reuters – by Ian Bremmer – this guy provides strategic advice to big money clients on investing in China. He’s been early on about ‘state-sponsored capitalism’ as a new type of economic warfare. ) Rise of China state-owned firms rattles U.S. companies (Reuters also) Some of the money quotes: […]
BBC is out with an update on fake stores (for those not tracking this issue, China has gone from faking products to faking whole retail operations). Although China shut down two stores, a recent blog report and follow-up by local authorities found 22 stores. …according to Chinese trade officials, 22 have been found unlawfully using […]
Gordon Chang, author of two books, The Coming Collapse of China and Nuclear Showdown: North Korea Takes On the World, is out with an article in Forbes pointing out that “Obama can’t say the word ‘China’”. He points out that much of the bluster from China is not material. If China doesn’t want our money, […]
I’ve not yet commented on the tragic high-speed “bullet train” accident this past week in China. But, as details emerge the question becomes “Can China make safe trains without stealing technology?” Yuriko Koike, Japan’s former Minister of Defense and National Security Adviser writing over in Project Syndicate Unsafe at any speed? reveals what is apparent […]
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