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Posts Tagged oil

Book Review: China’s Superbank: Debt, Oil and Influence – How CDB is Rewriting the Rules of Finance

Most of the prevailing wisdom about China declares that its economic success is due to a combination of government policy and foreign direct investment. This book, China’s Superbank:Debt Oil and Influence – How China Development Bank is Rewriting the Rules of Finance, goes quite a bit further in lifting the fog behind China’s success first domestically, and now, internationally.


Another Reason Globalization Won’t Work

Globalization is based on something which doesn’t exist anymore: cheap oil to fuel the global transportation and logistics system. Guess what? Cheap oil has gone away for good. Yet another reason to avoid going on an oil-based economy in the waning days of big oil.


Getting Past The “China Market” Hype

If there is one thing which never ceases to amaze me, it’s the sheer number of overseas investors seeking entry to China, who have a hard time seeing past the most basic facts and figures about the size of the Chinese market. Most of these firms are American, which are, generally speaking, more addicted to [...]