Wendell Minnick via Flickr Taiwan’s military are running out of money because of huge outstanding bills for the US and a reduced defense budget, writes Wendell Minnick in Defense News. New procurements might not be possible in the upcoming three years. Wendell Minnick in his weblog: Taiwan is facing moreRead More →

Image via Wikipedia China has become a new player in Africa and its defense industry is following that trend, notes Wendell Minnick in Defense News. China was competing with the once dominant Europeans at the September 2010 Africa Aerospace and Defence (AAD 2010) tri-service exhibition near Cape Town, South Africa.Read More →

Wendel Minnick by Fantake via Flickr In a move that is likely going to upset China, the US has send radar upgrades to Taiwan for its Indigenous Defense Fighter (IDF), writes Wendell Minnick in Defense News. The announcement came during a two-day tri-service military exercise in southern Taiwan from Aug. 24-25. Read More →

Wendell Minnickvia Flickr China’s maritime actions are enticing Vietnam to edge closer to the US, writes Wendell Minnick in Defense News.  The United States is taking advantage of Vietnamese angst over Chinese arrests of Vietnamese fishermen, threats against multinational oil companies operating in Vietnamese waters, increased naval exercises and theRead More →

Getty Images via @daylife Military tensions between China and the US are rising again as US aircraft carrier George Washington will join exercises with South-Korea in the Yellow Sea, writes Wendell Minnick in Defense News. The exact date the aircraft carrier would enter the Yellow Sea was not released. The George WashingtonRead More →

Zhang Lijia in India Fantake via Flickr Celebrity author Zhang Lijia of the novel “Socialism Is Great!”: A Worker’s Memoir of the New Chinawill be attending the Kovalam literary festival in India in the fest week of October, local media announced here and here. Last she also visited the literary festival inRead More →

Zhang Lijia by Fantake via Flickr In September Fons Tuinstra, president of the China Speakers Bureau, will visit both Sweden and Switzerland and is available to discuss the availability of its speakers. Stockholm is on the agenda for the first week of September, Switzerland, especially the Lausanne area, for theRead More →

Shaun Rein by Fantake via Flickr Saving tops no longer the agenda of China’s consumers as new generations kick in and see their disposable income grow, tells Shaun Rein Chinese media “We interviewed 5,000 people under the age of 32 across China. They have an effective savings rate of zero,”Read More →

Victor Shih Fantake via Flickr Professor Victor Shih from the Northwestern University is the main investigator, looking for China’s sky high debts after its financial rescue operation. In Business Week Shih explains where China is hiding its debts, and why there might be more than even he can find, especially atRead More →

Wendell Minnick Fantake via Flickr China’s higher military profile is pushing Vietnam into the influence sphere of the United States, even though they have been fighting a war against each other in the past, says Wendell Minnick, Asia bureau chief of Defense News in AOL News. “There are still bumps inRead More →

Shaun Rein     by Fantake via Flickr Shaun Rein, managing director of the market research group CMR, might be in general optimistic about China’s economic development, at CNBC he cautions against too many bears on the road for China’s Agricultural Bank, also called AgBank or ABC. The bank performedRead More →

by ASKYZ via Flickr China’s military industry is pushing its fighter jet JF-17/FC-1 on a global market, and apparently so successful its Russian competitor is trying to block it, writes Wendell Minnick this week in Defense News.The director general Pogosyanof the Russian Aircraft Corp. (RAC) MiG has been trying to stopRead More →