Yes, China Has Fully Arrived as a Superpower [View article]
80% of the people are optimistic about the future. You see and feel it everywhere in China. China shares this with Brazil. More than anything, this is the factor that spells continued economic growth. When you start calling such an economy a superpower is not really material, but the absence of optimism, such as we find in Japan, Europe and the US is a brake on growth that only helps China's relative position.
Repudiation by the Government of China of $260 billion of its sovereign debt and the pending reclassification of the Chinese government’s sovereign credit rating into ‘Selective Default’. -------- You have to make it clear that this concerns the long-repudiated debt of the old "Republic of China". Maybe the court case and the publicity will make the government change its mind and decide to honour these old debts after all.
The Great Firewall of China Faces Challenge During Olympics [View article]
Dear AlanG, Communist state? Hardly. The old CCP is trying to manage the transition to economic freedom without repeating the chaos and looting that accompanied the collapse of the Soviet Union. It is a tightrope act, worthy of an Olympic medal, if successful. Independent courts would be the next step. Information flows to those who know how to get it, just not to the broad masses.
Yes, China Has Fully Arrived as a Superpower [View article]
China shares this with Brazil.
More than anything, this is the factor that spells continued economic growth.
When you start calling such an economy a superpower is not really material, but the absence of optimism, such as we find in Japan, Europe and the US is a brake on growth that only helps China's relative position.
China Investor Update [View article]
Reminds me what the US was doing in Indonesia in the bad old days of Sukarno and Suharto.
Watch the ensuing corruption.
Computer Screening for Up Trend [View article]
Six Reasons To Buy China Soon [View article]
You have to make it clear that this concerns the long-repudiated debt of the old "Republic of China".
Maybe the court case and the publicity will make the government change its mind and decide to honour these old debts after all.
That would be hugely positive.
The Great Firewall of China Faces Challenge During Olympics [View article]
Communist state? Hardly. The old CCP is trying to manage the transition to economic freedom without repeating the chaos and looting that accompanied the collapse of the Soviet Union.
It is a tightrope act, worthy of an Olympic medal, if successful.
Independent courts would be the next step.
Information flows to those who know how to get it, just not to the broad masses.