Is China’s Politburo spoiling for a showdown with America? – Telegraph

Posted by Matt in March 14th, 2010 | no comment

Published in China, 1920s, 1980s, Beijing University, Bonds, Case Professor, China Economy, China S Economy, Credibility, Dysfunctional, Gdp, Global Gdp, Indictment, Local Governments, Margins, Michael Pettis, Modern History, Politburo, Professor Victor, Realities, Shuh, Telegraph, Trillion, Wafer, Yuan

Michael Pettis from Beijing University argues that China’s reserves of $2.4 trillion – arguably $3 trillion – are a sign of weakness, not strength. Only twice before in modern history has a country has amassed such a stash equal 5pc to 6pc of global GDP: the US in the 1920s, and Japan in the 1980s. [...]

Chinese facing debt time bomb – Telegraph

Posted by Matt in March 13th, 2010 | 1 comment

Published in China, Economy, Chinese Banks, European Banks, Face, Financial Crisis, Mirror, Telegraph, Time Bomb

Chinese banks face a $350bn (£230bn) debt time bomb that could mirror the financial crisis suffered by US and European banks, according to banking experts.
Chinese facing debt time bomb – Telegraph

Anti-Semitism rising worldwide, US report finds – Telegraph

Posted by Matt in March 11th, 2010 | no comment

Published in Conflict, general, Annual Report, Anti-Semitism, Europe, Gaza Conflict, South-America, Spike, State Department, Telegraph

“Traditional and new forms of anti-Semitism continued to arise, and a spike in such activity followed the Gaza conflict in the winter of 2008-2009,” the State Department said in an annual report.
“Often despite official efforts to combat the problem, societal anti-Semitism persisted across Europe, South America, and beyond and manifested itself in classic forms,” it [...]

Concerns grow over China’s sale of US bonds – Telegraph

Posted by Matt in February 23rd, 2010 | no comment

Published in China, Financial, China, Political Disputes, Portfolio, Telegraph, Us Treasury Bonds

Evidence is mounting that Chinese sales of US Treasury bonds over recent months are intended as a warning shot to Washington over escalating political disputes rather than being part of a routine portfolio shift as thought at first.
Concerns grow over China’s sale of US bonds – Telegraph

Jews leave Swedish city after sharp rise in anti-Semitic hate crimes – Telegraph

Posted by Matt in February 21st, 2010 | no comment

Published in Europe, Anti-Semitism, Consequence, Controversy, Hate Crimes, Israel, Israeli Policy, jews, Liberals, Malmo, Miserable Lives, Muslims, Naked, Oppression, Proof, Reputation, Sharp, Steep Rise, Sweden, Swedish City, Telegraph

Sweden is a very liberal country, and that’s the problem. Liberals will almost always side with Muslims. Why?
The miserable lives of Muslims must mean one thing – oppression. This oppression comes from the West, and in particular Israel and America. No proof required.
Sweden’s reputation as a tolerant, liberal nation is being threatened by a steep [...]

Iran to make ‘advanced’ attack drones – Telegraph

Posted by Matt in February 8th, 2010 | no comment

Published in general, Attack Drones, Iran, Telegraph, Unmanned Drones

Iran has begun making ‘advanced’ unmanned drones capable of carrying out ‘assaults with high precision’.
Iran to make ‘advanced’ attack drones – Telegraph

China moves to calm unrest over property seizures – Telegraph

Posted by Matt in January 29th, 2010 | no comment

Published in China, Booms, Chinese Government, Decade, Driven, Evictions, Hundreds Of Thousands, People, Property Seizures, Proportion, Public Anger, Public Protests, Rage, seizure, Telegraph, Time China, Unrest

The Chinese government has moved to calm huge public anger over the widespread seizure of property, an issue that has driven three people to set themselves on fire in as many months.
A large proportion of China’s estimated 100,000 or so public protests each year are driven by rage over compulsory evictions. Over the past decade, [...]

Davos 2010: Chinese central banker Zhu Min warns of new Asian crisis – Telegraph

Posted by Matt in January 27th, 2010 | no comment

Published in Asia, Financial, Asian Crisis, Asian Financial Crisis, AsianCrisis, Central Banker, Collapse, Currencies, Davos, Emerging Markets, Japanese Yen, Monetary Policy, Mr Zhu, Phenomenon, Telegraph, United States, Yen Carry Trade

This phenomenon called carry trade in the US dollar is a “massive issue today,” said Mr Zhu.
“It’s bigger than the Japanese yen carry trade 12 years ago,” he said.
However, if the United States were to tighten its lax monetary policy, making borrowing more costly, funds could then flow out just [...]

US to hold arms reductions talks with China, Gates says – Telegraph

Posted by Matt in January 21st, 2010 | no comment

Published in China, China Gates, China Military, Cold-War, Confrontations, Military Defence, New Delhi, Robert Gates, Telegraph, Us Defence Secretary

The US wants to open Cold War-style arms reduction talks with China to prevent future military confrontations, Robert Gates, the US defence secretary, said in New Delhi on Wednesday.
US to hold arms reductions talks with China, Gates says – Telegraph

How quickly the mood has soured in U.S.-China relations | Telegraph Blogs

Posted by Matt in January 19th, 2010 | no comment

Published in China, China Relations, Copenhagen, Foreign Minister, Obama, Sanctions Against Iran, Telegraph, Underling, Wen Jiabao

The fulcrum moment came in December when Wen Jiabao personally humiliated Obama at Copenhagen by sending in an underling to sabotage any hope of a meaningful deal. (Read this account of one present, it’s worth it).
On Saturday China pulled a similar trick at a meeting in New York to discuss possible sanctions against Iran, sending [...]