I am getting quite confused by the currency manipulation discussion surround the Chinese RMB. Today, Nobel Laureate Krugman came up with this piece in the NY Times.
I read it once, twice, thrice. But I think I am missing his point still. Here’s where I think his logic lies. Exchange rate is determined by supply and [...]
Archive for the ‘China’ Category
The Currency Debate
Posted in Business, China, News on October 23, 2009 | Leave a Comment »
Celebration of communist party rule
Posted in China, History on October 1, 2009 | Leave a Comment »
Too complex of a topic to blog about, so… let’s go to the pictures.
Engineers running a country
Posted in China, Politics on September 29, 2009 | 2 Comments »
With all the news about the 60th celebration, everyone, including Scott Adams has China on his mind. His latest blog post is rather thought-provoking. An excerpt below:
The bad news for China is that their up-and-coming leaders have backgrounds in law, economics, and history. In time, the lawyers will start passing lots of laws that individually [...]
Yahoo! and Alibaba – Tale of two companies
Posted in Business, China, Media on September 18, 2009 | Leave a Comment »
From Yahoo’s perspective
The Deal:
Under the terms of the agreement, Yahoo! will contribute its Yahoo! China business to Alibaba.com and the two companies will work together in an exclusive partnership to grow the Yahoo! brand in China. (Yahoo press release in 2005)
CEO Bartz:
… she disliked how the Yahoo brand was being treated in China, according to [...]
The Rio Tinto Debacle
Posted in Business, China, News on August 27, 2009 | Leave a Comment »
There is something about the Rio Tinto case that has been bothering me. Perhaps it is because I cannot quite form an opinion on it – one one hand, I am appalled by the due process of the legal proceedings. Where the accused employees were held without charge for 5 weeks, and without right to [...]
Discovery on Baidu
Posted in Business, China, Media on August 12, 2009 | Leave a Comment »
Discovery Channel recently partnered with Baidu and launched a website targeting Chinese audience. The site hosts a selected number of Discovery shows, with Chinese subtitles. My first impression from watching a couple of clips is that it can probably double as an English learning tool!
I’m excited to see this for a number of reasons. Firstly, I [...]
Are rules meant to be broken?
Posted in Business, China on August 5, 2009 | 2 Comments »
There are many rules and regulations in China that are ignored systematically. One of the hardest things for an outsider to master is the art of tiptoeing through the gray area. If you use the western interpretation of the law, you will find PRC laws paralyzing – if you are going to be a boyscout [...]
Maybe Hummers are not going to China afterall…
Posted in Business, China on June 26, 2009 | Leave a Comment »
The news that Hummers will be everywhere in China was disturbing. But maybe they are not going to China afterall?
Hummers aside, there seems to be a trend of increased government control over the past few months. Slightly worrying signs.
Where to draw the line?
Posted in Business, China on June 17, 2009 | 1 Comment »
I am pondering about this. Where does one draw the line when it comes to bribery/corruption? Particularly relating to business dealings? This does not apply just to China, but let’s take China as an example. OK, I know bribery/corruption is illegal. I’m defining it broadly. Maybe I should call it influence instead. So that includes [...]
Why June 4th still matters
Posted in China, Politics on June 4, 2009 | Leave a Comment »
This year in particular, I find myself spending more time reflecting on what happened 20 years ago. I ponder whether with all the progress China has had over the past two decades, June 4th could have repeated itself. Disturbingly, I find myself thinking that it could. Not in the same way or same form, but [...]
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