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Posts Tagged economy


China: Which Century Are You Building For?

@GregoryLent on Twitter just pointed me to this article, A User’s Guide to 21st Century Economics, by Umair Haque which I recommend highly. After reading this article, some questions which came to mind: Chinese companies traditionally have not been good at adding value. How well can they adjust to the new 21st century economic situation? [...]

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China: Last Man Standing?

On this blog, I have been a frequent critic of the view that China is a threat to the rest of the world as a rising superpower. Most of the time, these critics have a clear agenda to sell with regard to fear of China, or are journalists who have very little understanding of China. [...]

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Can We Just Take Globalization Out Back And Shoot It In The Back of the Head?

My apologies for not having written for so long. I have been “otherwise pre-occupied” and have also been watching the first weeks of the Obama presidency and the accelerating unwinding of the financial markets. The situation looks increasingly bleak. I hope you are prepared. Readers know that I have been a critic of globalization in [...]

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The Brave New World of Deglobalization

In previous articles, I have voiced some of my criticisms and predictions re globalization here, here, here, and here. Unfortunately, it is becoming clearer by the day that globalization was largely a fraud where Americans could endlessly consume and Chinese factories could endlessly manufacture without any adherence to economic fundamentals and creating a false and [...]

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The Elephant In The Room

One of the big problems with the present economic crisis is that we really do not know how big the problem is. We know that our problems have been caused by the creation, then over-leveraging of debt. But we don’t know how much debt was created, then sliced into derivatives multiple times which were then [...]

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Understanding Trial Spots

If there is one thing which most western companies coming into China miss out on is the idea of “trial spots”, or as they are called in Chinese 试点。 So what is it? Basically, it’s a city, place, province or region which is used to try out something experimental which has not been tried before. [...]

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Paul Denlinger Podcast Interview

I was interviewed by China Speakers Bureau re my views on how the global financial slowdown would affect China. You can listen to the podcast here.

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Chinese Economy: Early Signs of Rapid Deceleration

Some signs point to a rapid deceleration of the Chinese economy: Politburo to convene urgent economic meeting Chinese Domestic Olympic Travel Falls Lower Than Expectations Unsold inventories climbing Shanghai Vanke first to lower real estate prices in Shanghai (in Chinese) The whole idea of an urgent politburo meeting just three weeks before the Beijing Olympics [...]

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The People’s Republic of Capitalism

Yesterday I had the opportunity to watch Part 1 of Ted Koppel’s documentary series The People’s Republic of Capitalism on the Discovery Channel. Instead of going to Beijing and Shanghai, the normal stops for most first-time visitors to China, Koppel went to Chongqing, a city I have visited and written about. The documentary is very [...]

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Interfering In Another Country’s Internal Affairs

“Interfering in another country’s internal affairs” is a routine mantra often used by Chinese government spokespersons, and is used most often when pointed at the US and US critics, especially with regard to human rights policies. On the surface, this makes a lot of sense, especially with regards to generally ignorant US politicians, movie stars [...]

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