In a recent survey conducted by the American Chamber of Commerce and the consulting firm Booz&Allen ten percent of multinational corporations said they were planning to relocate their manufacturing facilities from China to lower cost countries like India or Vietnam. This number, down from 17 percent last in last year’s survey, can be seen as a sign of multinational corporations’ commitment to China as an important production center and market in Asia.
China’s foreign exchange reserves might be used to support the country’s oil and gas companies in their pursuit of international mergers and acquisitions. According to a plan issued last week at a national work conference on energy China is planning to provide its oil and gas companies with low-interest loans and direct capital injections in order to help them expand their international operations. Resource and commodity companies worldwide are suffering under the recent drop in commodity prices. In dire need of capital, these companies are a preferred target for China’s oil and gas companies.
At the end of her China visit U.S. Secretary of State Hillary Rodham Clinton emphasized once more China’s importance for the U.S. and appealed for a continuing cooperation between the two countries. According to Mrs. Clinton both countries have vital interests in each other’s economic recovery. She urged China to continue its investments in U.S. treasuries and highlighted the interconnection between China and the U.S.
A few months ago, I wrote about the early stages of the conflict in Ukraine through the lens of Sun Tzu’s The Art of War. While it appears likely that the war will carry on into the foreseeable future, enough time has passed for us to make an honest assessment of each side’s relative […]
The Ukrainian Army has made dramatic strides in the last few weeks. Ukraine’s tactical commanders have outfoxed their Russian counterparts, and by issuing a feint towards the south the UA has been able to earn substantial gains in the north of their country. The impact of these efforts have been compounded by the steady stream […]
In mid-May the Irish political party, Sinn Féin, won the plurality of seats in the Northern Ireland Assembly. Many American readers might not fully understand the significance of Sinn Féin’s political victory- but rest assured that subjects of the United Kingdom and a wide range of political movements the world over have heard the message […]
The first wave of the Russian offensive in Ukraine has fallen short of Russian autocrat Vladmir Putin’s ambitions. Most analysts deduced that Putin had hoped to achieve a decapitation strike of the Ukrainian government- taking Kiev and replacing Ukrainian President Vladimir Zolinski with a pro-Kremlin voice. Kiev has been threatened repeatedly through the course of […]
On the weekend of March 26th, the notorious MS-13 gang went on a massive killing spree in El Salvador which left more than 70 people dead by Sunday. Even for a country where powerful gangs hold massive sway, this recent tragedy stands out considering that it was the bloodiest day on record since the civil […]
