As Pakistan become more isolated from its Western allies after the killing of Osama Bin Laden, the country is looking increasingly for friendship with its eastern neighbor China, writes Bill Dodson on his weblog. Will the Pakistani wake up was part of an Autonomous Region?
Category Archives: government
Celebrity author Helen Wang explains in the Boston Review how China has dramatically changed, and how even the communist party is becoming a very different creator from what people outside China expect.
Social instability and a touchy change of power in 2012 are just two of a set of stinging problems China’s sky-high debts is causing the country, political analyst Victor Shih tells the Global Post in an extensive interview on the country’s shortfall.
Nestle’s anticipated mega deal brings back the US$ 2.4 bn deal by Coke, rejected in 2009 by the Ministry of Commerce for fears the new company would dominate the market. While Nestle’s deal is huge, it has not Coke’s problems, tells Shaun Rein in Fortune.
China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.
The warning by China’s National Audit Bureau local debts are a risk for the country, is a step forward, says political and financial analyst Victor Shih to the New York Times. Until Monday those local debts were kept under wraps. But it is only the beginning of a solution.
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 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.