Category Archives: politics

China, US cannot reverse N-Korea’s nuclear program – Wendell Minnick

North Korea is likely to launch a third nuclear test, based on highly enriched uranium (HEU), writes Wendell Minnick in the Defense News, based on a book by Jonathan Pollack. China nor the US can stop the country’s nuclear program.

China is hiding, not solving its financial problems – Victor Shih

China bear Victor Shih explains Medill Reports from Chicago why China’s growing debts are getting out of hand, despite efforts by the financial authorities to act on the growing concerns. It’s a wash, he claims.

Government no talking partner in hacking issue – Jeremy Goldkorn

Why would you want to talk to the Chinese government on Google’s hacking issues, when there is no proven link – to put it mildly – between the government and the hacking, wonders internet analyst Jeremy Goldkorn in VOA.

What about the underground financial bubble? – Victor Shih

Victor Shih of the Northwestern University has been doing much of the legwork to find out how much China’s debt actually is, much higher than China’s financial authorities want to admit, he writes on this blog of the Financial Times. Much of the country’s financial bubble remains underground.

Baidu is not ruled by the communist party – Kaiser Kuo

Foreign journalists visiting the headquarters of Baidu in Beijing, China’s largest search engine, might be up for a surprise, as they are met by rock musician Kaiser Kuo, also spokesperson of Google’s competitor. Here is a part of the report by Jordan Pouille in Metro.

One-off revaluation needed to fight inflation – Shaun Rein

The Chinese government should be revaluate its currency on one time to stop the price rises in the country, Shaun Rein explains in CNCB. In the past he argued against a too fast increase of the value of the renminbi, since that would hurt the export and the manufacturers. Now, to prevent social unrest, stiff action would be needed to stem inflation.

Kissinger fails to answer key question ‘On China’ – Jasper Becker

Former foreign correspondent Jasper Becker wonders in a review in The Guardian why in 600 pages Henry Kissinger’s ‘On China’ did not answer the most important issue at stake: why did Richard Nixon decide it was in the interest of the US to protect communist China?

When Taiwan defers payments for US weapons – Wendell Minnick

Strong rumors – denied by the government – suggest Taiwan is planning to defer payments for US weapon systems to the US, writes the Asia Sentinel. Defense expert Wendell Minnick suggests that would give the Obama administration a good argument to back out of already closed weapon deals.

The price tag of anti-Chinese rhetoric in the US – Shaun Rein

The US could lose 1 to 2 trillion US dollar in revenue if they successfully scare away Chinese investors, writes Shaun Rein in CNBC, quoting a recent Asia Society report. “Fear mongering about China by American politicians and businessmen like Donald Trump has made Chinese think twice about investing in the U.S.”

Tariff cut needed to boost luxury sales – Shaun Rein

Chinese have spent last year 13 billion US dollar on luxury goods, but only 40 percent in China itself, says Shaun Rein in CNBC. Because of the high tariffs luxury goods, including cars, are 20-30 percent more expensive on the mainland. “They are shooting themselves in the foot.”