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How to buy Chan Kai Yee’s new book ‘Space Era Strategy – The Way China Beats The U.S.’
Some readers of my posts have made enquiries about purchase of my new book “Space Era Strategy”. The book is interesting to them perhaps because of my special Chinese perspectives that make some of my readers believe that I take the risk of being denounced for my opinions. However, I would rather let time to … Continue reading
China’s Xi goes to South America to break US dominance
Reuters today reported on Xi Jinping’s goal of pushing for the developing world’s rights. Reuters quote Chinese President Xi Jinping as saying in an interview with South American media, “China would try to better play the role of a responsible major power and promote the rights of the developing world.” However, Reuters says that there … Continue reading
China poised to pass U.S. as world’s leading economic power this year
The U.S. is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies. The US has been the global leader since overtaking the UK in 1872. Most economists previously thought China would pull ahead in … Continue reading
China’s commodity subsidising problems are only getting worse
Bloomberg recently reported that China, in order to aid its own cotton farmers by supporting cotton prices, has been buying up excess production into government stockpiles. The world’s biggest producer and user of cotton will have 12.7 million metric tons in inventory by July 31, 2014, 62% of the global total and enough to make … Continue reading
EU competing with China in Latin America
German Chancellor Angela Merkel and other EU leaders have become increasingly concerned that China’s continued rise in Latin America could squeeze out European business. China has not only increased the quantity of its exports to Latin America, but also used its economic resources to expand into the high-tech market, long considered German industry’s strong suit. … Continue reading
Hong Kong nets record cocaine haul bound for China
Hong Kong customs seized a record haul of cocaine at its international airport this week, foiling two passengers who tried to smuggle 58 million Hong Kong dollars (US$7.5 million) worth of the drug in their luggage. One 35-year-old man arrived Tuesday from São Paulo, Brazil, after transiting in Beijing with 48 kilograms (105 pounds) of cocaine … Continue reading
BRICS countries find it hard to run as a herd: Brazil, Russia, India, China, South Africa
At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations – Brazil, Russia, India, China and South Africa – to Africa’s “Big Five” game beasts of trophy hunting lore – the lion, elephant, buffalo, leopard and rhinoceros. The Russian president’s comparison captures the dilemma of these muscular emerging global powers, which … Continue reading
Party cadre pins hopes of China’s food security on overseas farms
Leery of product safety in China, Zhu Zhangjin is urging farmers to invest abroad like he has. Zhu Zhangjin calls himself a farmer, but he has little time or love for mainland farm goods. Nor is he afraid to speak his mind on the matter. Zhu also happens to be party secretary of Huafeng village … Continue reading
BRIC hallucination: China won’t be engine of new world order, nor Russia, nor India
In the New World Order, the BRIC nations – developing nations – are to be the engine of global growth. That is at least what officials from the foremost global institutions have maintained all along, divorcing their narrative from the other, more populist narrative of just what the ‘New World Order’ is. That the ‘New … Continue reading
Brazil, China to Sign $30 Billion Currency Swap Agreement Soon
Brazil and China will sign an agreement in the coming weeks to swap as much as $30 billion in their two currencies, Brazil Finance Minister Guido Mantega said. The currency swap, worth 60 billion reais or 190 billion yuan, will be the first step in a broader agreement with Russia, India and South Africa to … Continue reading
Petrobras, Vale eye rare earths deal to replace China
Brazil’s state-run oil company Petrobras and mining giant Vale are in talks over a rare earths deal that would allow Vale to replace China as Petrobras’ supplier of lanthanum oxide for oil refining, sources close to the negotiations said. The deal is part of a series of recent ventures involving Brazil’s two biggest companies, which … Continue reading
