China v world as a trade war comes closer – Times Online

Posted by Matt in February 17th, 2010 | no comment

China, which emerged fairly unscathed from the global recession, clearly considers itself to be on a roll. One (unnamed) Chinese official told the Financial Times: “We used to see the US as our teacher but now we realise that our teacher keeps making mistakes and we’ve decided to quit the class”. Market capitalism is so [...]

After the Recession, an Energy Crisis Could Loom – TIME

Posted by Matt in November 11th, 2009 | no comment

Published in Energy, Bad News, China, Crisis Time, Developing Countries, Energy Crisis, Fossil Fuels, Global Recession, Global Temperatures, Irreparable Damage, Massive Energy, Oil And Gas, Oil Prices, Oil Supplies, Pace

Here’s the bad news about the global recession’s potentially coming to an end: the recovery could spark a massive energy crisis with increased demand for fossil fuels from China and other developing countries, tighter oil supplies and skyrocketing oil prices. And this is just in the near future. The longer-term picture looks even more daunting. [...]

China faces ‘economic slowdown’ in 2010 – Telegraph

Posted by Matt in October 25th, 2009 | no comment

Published in China, Bubbles, China Economic, Chinese Government, Clothes, Economic Slowdown, Faces, Financial Crisis, Global Financial Crisis, Global Recession, Growth Model, Mr Roach, shanghai, Stimulus Plan, Sustainable Model, Telegraph, Toys

Speaking in Shanghai over the weekend, Mr Roach said: “China’s growth model is much more about supply than demand. It’s not a sustainable model for China. It’s not a sustainable model for any nation.”
He warned that China is overdependent on exports at a time when the global recession has sapped demand for its [...]

China is less inclined to keep a low profile now that its economic strength is growing

Posted by Matt in October 5th, 2009 | no comment

Published in China, Assertiveness, China Today, Decline, Economic Strength, Global Recession, Irony, Low Profile, Nationalism, Pride

The irony now is that many Chinese see the U.S. as the super power in decline, especially since the American-led global recession. There is a pride and assertiveness — sometimes tinged by raw nationalism — alive in China today that has not been seen for 200 year
China is less inclined to keep a low profile [...]

Roubini Sees Increasing Risks of Double-Dip Global Recession – Bloomberg.com

Posted by Matt in August 23rd, 2009 | no comment

Published in Economy, Australia, Bloomberg, China, Double Dip, European Countries, Excess Liquidity, Financial Times, Fiscal Deficits, France Germany, Global Economy, Global Recession, Japan, Roubini, Second Half

The global economy will bottom out in the second half of 2009, Roubini wrote in a Financial Times commentary today. The recession in the U.S., the U.K., and some European countries will not be “formally over” until the end of the year, while the recovery has started in nations such as China, France, Germany, Australia [...]

Russian Carrier Dreams Sunk

Posted by Matt in August 8th, 2009 | no comment

Published in Russia, Admirals, Big Trouble, Construction Industry, Dozen Carriers, Dreams, Early 1990s, Global Recession, Half A Dozen, New Boats, Nuclear Submarine Program, Nuclear Subs, Raw Materials, Russia, Russian Carrier, ships, Submarine Construction

Last year, Russian admirals were talking about building half a dozen carriers, and escort ships. That was when oil (Russia’s major export) was at over a hundred dollars a barrel. Now there’s a global recession, and all raw materials prices are down. Moreover, the admirals have come to realize that their nuclear submarine program is [...]

A Retreat From Global Banking – NYTimes.com

Posted by Matt in July 24th, 2009 | no comment

Published in Financial, Blogged, Consensus, Era, Excesses, Finance, Financial Giants, Financial Globalization, Flock Browser, Global Banking, Global Recession, Nytimes, Revulsion

The era of financial globalization may be coming to an end.
Virtually universal revulsion at the errors and excesses of the financial giants, and the global recession that resulted, has not led to any real consensus what to do about it, at either national or international levels.
Instead, countries are looking out for themselves, or simply quarreling. [...]

High and Low Finance – In Finance, What Once Was Global Now Is Local – NYTimes.com

Posted by Matt in July 24th, 2009 | no comment

Published in Financial, Blogged, Consensus, Era, Excesses, Finance, Financial Giants, Financial Globalization, Flock Browser, Global Recession, Nytimes, Revulsion

The era of financial globalization may be coming to an end.
Virtually universal revulsion at the errors and excesses of the financial giants, and the global recession that resulted, has not led to any real consensus what to do about it, at either national or international levels.
Instead, countries are looking out for themselves, or simply quarreling. [...]

Asia’s Easy-Money Policies: Fueling New Bubbles? – TIME

Posted by Matt in July 23rd, 2009 | no comment

Published in Asia, Financial, Amp, Asia, Asset Price, Blogged, Easy Money, Economists, Fear, Flock Browser, Global Recession, Greed, Lows, Price Bubbles, Shanghai Stock Market, Signs, Stock Prices, Stocks, Swinging

But now, with surprising speed, fear in Asia is swinging back to greed as the region shows signs of recovery — and some economists are warning that asset-price bubbles that had been popped by the global recession may be reinflating. Property and stock prices are soaring in many parts of Asia. For example, the main [...]

Naval Air: Russian Carrier Dreams Sunk

Posted by Matt in July 23rd, 2009 | no comment

Published in Russia, Admirals, Big Trouble, Dozen Carriers, Dreams, Flock Browser, Global Recession, Half A Dozen, Nuclear Submarine Program, Raw Materials, Russia, Russian Carrier, ships

Last year, Russian admirals were talking about building half a dozen carriers, and escort ships. That was when oil (Russia’s major export) was at over a hundred dollars a barrel. Now there’s a global recession, and all raw materials prices are down. Moreover, the admirals have come to realize that their nuclear submarine program is [...]