CHINA: Public frustration about the government’s denial of basic rights and freedoms, magnified by a lack of rule of law
Mr. Herman Van Rompuy, President of the European Council Mr. José Manuel Barroso, President of the European Commission Re: CHINA: Public frustration about the government’s denial of basic rights and freedoms, magnified by a lack of rule of law Dear President of the European Council, Dear President of the European Commission, I appreciate recent statements [...]
From Rabbit to Dragon? More Like the Other Way Around. A Review of China in 2011
Last year was the Year of the Rabbit for the Chinese – promising among other things good luck! However, China which came out of the global financial crisis almost unscathed (or at least better off than most major world economies) hit one too many ‘speed-bumps’ in 2011. Last year’s inflation is threatening a significant slow-down [...]
Immigration of Nepal Confirms 7 Fake passports of Chinese Travelers
The Department of Immigration (DoI) of Nepal has confirmed the passport obtained from 7 Chinese travelers during on August 12, 2011 from the Tribhuvan International Airport to be fake. During the initial investigation the DoI has put questions regarding the issue of these Chinese travelers who were caught red handed. The Chinese embassy confirming it [...]
China’s efforts to internationalize its currency
It is a well know fact that China undervalues its currency, by pegging the renminbi (RMB) to the dollar at an artificially low level. This, along with other subsidies and mercantilist trade policies, keeps Chinese exports cheap, and thus more attractive to consumers in the U.S. and Europe. Because China is the manufacturing hub for [...]
“He who digs a hole for another, may fall in himself”: China’s hidden economic problems
Following the downgrade by Standard and Poors of US sovereign debt from the gold standard AAA to AA+ the Chinese government lambasted the United States for its ‘addiction to debt’ and called on the United States to implement more responsible policies to bring its deficit problems under control. At the same the governor of China’s [...]
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