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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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Quality Fade: American or Chinese, Which is Worse?

Paul Midler is an experienced sourcing expert who has worked in China for many years, and publishes The China Game blog. I believe that he is the first person to coin the term “quality fade”. Quality fade is, according to this article published in Forbes: This is the deliberate and secret habit of widening profit [...]

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Gold and the Currency Nobody Wants

This morning I was watching a TV program on China’s CCTV-4 which talked about the history of gold, historically and in China. The program, all in Mandarin, had a fascinating format. It started off with history and the Bretton Woods agreement of 1945 and when the US controlled about 80% of the world’s gold reserves. [...]

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Why Globalization Will Fail

For the past fifty years, globalization was offered as the answer to all the world’s ills: it would raise standards of living in the developing world, it would create more wealth, nations would understand each other better and eventually trust each other, and so on and so forth. I’m going to state what is increasingly [...]

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Why Most US Market Entries Fail in China

The consulting industry in China is flourishing. After all, it is the largest potential single market in the world, and everyone is flocking to it. New companies need information and advice about how to tackle the unique challenges of this market. For any MBA who is fluent in Chinese, or who has grown up in [...]

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China Sets US Interest Rates Now, Not the Fed

This is the opinion of Paul Craig Roberts, who previous served as Assistant Secretary of Treasury during the Reagan administration, and is often quoted as the “father of Reaganomics”. (You can read the Wikipedia entry about him here.) Recently there has been discussion about China’s threat to use the “nuclear option”, or and basically destroying [...]

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