No, says business analyst Shaun Rein, when he has to answer the questions whether China should use its foreign currency reserves to support the European Financial Stability Facility (EFSF). In CNBC he argues that Europe should hold up its own financial pants.Read More →
Is China able and willing to bail out Europe? Political and financial analyst Victor Shih does not exclude the possibility, but he tells in Global Post, if China does so, it is not going to boast about it in public. What are the effects of China’s own debt problems on the world?Read More →
The decision by the US administration to ban the sale of F-16’s to Taiwan might cost the US economy US$1 trillion, according to a US analysis, writes defense expert Wendell Minnick in Defense News. Taiwan lobbyists find here new ammunition against the ban.Read More →
Singapore Technologies (ST) Engineering’s marine arm, ST Marine, has incorporated a wholly owned subsidiary, ST Marine (Wuhan) Engineering Design Consultancy, in Hubei Province, China, writes defense analyst Wendell Minnick in Defense News. Read More →
Celebrity author Zhang Lijia is annoyed by the British colonial attitude towards China, as urban myths on dog meat, donkey penises and other ‘weird’ food get the major focus the British, ignoring the country’s great cuisine, she writes in The Guardian.Read More →
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →
Will rising wages in China force manufacturers to go back to the US? A report of the Boston Consulting group suggest so, but economic analyst Arthur Kroeber tells in Euro Money that might be a wrong assumption.Read More →
US Congress intends to pass a currency bill, potentially triggering off a trade war with China by imposing tariffs on trade, notes business analyst Shaun Rein with increasing amazement in CNBC.Read More →
The US and China are at loggerheads again over the way China deals with its currency. It does not help both China and the US have two fundamental different ways to look at their currency, says economic analyst Arthur Kroeber, quoted by the Japan Times.Read More →
Seven retired US air force officials urged in a letter for an upgrade of Taiwan’s F-16 as “vital for Taiwan to defend itself and restore balance in the Taiwan Strait”, defense specialist Wendell Minnick writes in Defense News.Read More →
When the Zambians voted out their president last week, the election was also a referendum against China, writes journalist Howard French in The Atlantic. “Zambia has been at the leading edge of China’s drive to expand its relations with the continent.”Read More →
The US and Europe might be bracing for another global crisis, but the wealth of China rich increases undeterred, noted Hurun’ founder Rupert Hoogewerf of China’s rich list in an interview with Xinhua on Thursday. They booked another record year of growth.Read More →