Tag: economy
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Evaluating 3 key recommendations of the Blair-Huntsman IP Commission report
The U.S. government needs to do more to stop the theft of U.S. intellectual property (IP), mostly by China, according to a new report produced by a group of political and business leaders under the leadership of Dennis Blair, former director of national intelligence under Obama and former commander of the U.S. Pacific Command, and…
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Bill Bishop: Is power use still a proxy for Chinese economy?
“So is electricity consumption no longer the reliable proxy for Chinese economic activity that it once was?” That’s the question posed by Bill Bishop at Sinocism today, following on reports that power consumption data in some sectors were inflated, and a new article from Caixin (Chinese version), in which some analysts argue the economy is…
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NPR on Mongolia, mining, and decline of pastoral nomadism
This is a bookmark to note the very good series under way NPR’s Morning Edition on the changing economy in Mongolia. With a mining-driven boom in progress, the first segment I heard looked at the risk to water supplies in pastureland and the desiccation of grazing areas resulting from plumes of dust that rise from trucking lines…
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Clinton on China relations: 'A more comprehensive approach'
The economy will be at the center of the U.S.–China relationship in the Obama administration, but a “comprehensive dialogue” is necessary. That’s the word from U.S. Secretary of State Hillary Clinton, speaking with reporters recently. The transcript is, strangely, undated. QUESTION: Madame Secretary, your colleague – now your colleague, Tim Geithner, raised some eyebrows with…
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Bank of America and China Construction Bank, or No-Fee USD Withdrawls in China [RIP]
UPDATE [2013-12-07]: Well folks, party’s over. Some months ago BoA sold its stake in CCB, and as I had feared, I’m hearing from friends in Beijing who have used their BoA ATM cards recently that there are indeed now fees. And now, I will close my BoA account, having lost any use for it. -Graham…
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