US president Obama took along a larger number of business people on his trip to Africa, in an effort to outbid the Chinese success in the continent. Former China and Africa correspondent Howard French sees a positive sign as the US wants to do ready with Africa, but wonders in an interview with Valley Public Radio whether the US are ready for a different Africa.Read More →
Africa is doing better than ever, and China seems to play a major role, compared to America. China and Africa veteran, the US journalist Howard French went back to Africa, traveled to continent, to find out whether America can catch up with China. His report in AllAfrica.Read More →
Pork manufacturer Shuanghui’s purchase of Smithfield was the latest move of Chinese companies to enter a global economy, and they want to hedge a slower growth in their domestic markets, tells business analyst Shaun Rein AFP.Read More →
Despite legitimate concerns, like quality control and food inflation, the purchase of America’s largest meat producer Smithfield by China’s Shuanghui is a deal that can only deliver winners, says Shanghai-based business analyst Shaun Rein in the New York Times.Read More →
Gambling enclave Macau faces some stagnation and looks with envy how its US counterpart Las Vegas is doing. Business analyst Ben Cavender tells the Macau Business Daily how Macau can follow in the footsteps of America’s iconic gambling city.Read More →
In its 2013 Defence white paper Australia is not seeing China as an adversary, but picks a position between the two power blocks, the US and China, notes military analyst Wendell Minnick in Defense News. In China it sees “a strategic partner”.Read More →
When Chinese dissidents moved in the past to the US, whatever influence they had in their home country would fade away. But the blind lawyer Chen Guangcheng is different, discovered author and friend Zhang Lijia in visits to his home town and in calls to the US, she writes in the New York Times. Read More →
Low wages in the world’s factory floor China have been for decades a deflationary force in the global economy. But as labor costs rise in China, developed countries can no longer count on getting cheap products, tells business analyst Shaun Rein in Global Sources. “China will focus on high value-added products.Read More →
Military analyst Wendell Minnick discusses in Defense Newsthe emerging US “AirSea Battle doctrine and the so-called Asia Pivot, many in the Asia-Pacific are asking for clarification on a subject that could involve them in an unnecessary war with China.” A review of a paper by Benjamin Schreer, a senior analyst for Defence Strategy at the Australian Strategic Policy Institute.Read More →
Fighting price wars is an art in China to defeat competition. The erstwhile successful solar energy company Suntech showed with a massive default, that strategy can turn against you, tells business analyst Ben Cavender in GlobalPost.Read More →
Critics, including Fang Zhouzi, have taken apart the book Bend, Not Break: A Life in Two Worlds by the US CEO Fu Ping. Her ‘rags to rich’ story contained too many unbelievable stories. Fellow author Zhang Lijia went through the book, and on her weblog she sides with the critics. “Too many holes to make it believable.”Read More →
Much of the news this week is dominated by the discovery of China hacks into the US, linked directly to the People’s Liberation Army, with names, addresses and pictures of offices. Defense analyst Wendell Minnick tells the VOA he is not really surprised by the report.Read More →