Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘People’s republic of China’

How Do China’s Seven ‘Speak-Nots’ Play in America?

Posted by Larry Doyle on July 30th, 2013 8:08 AM |

People of faith are likely very familiar with the seven deadly sins: pride, envy, gluttony, lust, anger, greed, and sloth.

I think it goes without saying that our nation would be a better place if we had less of these vices on display. That said, our greatest virtues emanate from the very freedom that allows the aforementioned vices to gain a foothold. What if we did not have our freedom, though? Then what?

To explore this question, let’s navigate to The People’s Republic of China and review a recent report from Global Post that highlights:

In a directive reportedly distributed last month to local party committees, China’s top propaganda officials issued new

restrictions banning discussion of seven topics deemed to be “dangerous Western influences.”   (more…)

Chellaney: China’s Stealth Wars

Posted by Larry Doyle on June 6th, 2013 10:03 AM |

President Obama is poised to meet Chinese President Xi Jinping at a secluded estate in California for a two day summit.

Given China’s current enormous economic surplus, it wields ever more power on the world’s stage. As the US is weighed down and held back by the burden of our massive deficits, China is nimbly and strategically utilizing its power and position extensively in its own backyard and beyond. Let’s navigate and take a closer look.

Brahma Chellaney, Professor of Strategic Studies at the New Delhi-based Center for Policy Research, writes at Project Syndicate of China’s Stealth Wars,

NEW DELHI – China is subverting the status quo in the South and East China Seas, on its border with India, and even concerning international riparian flows – all without firing a single shot.  (more…)

Chinese Inflation Does Not Mean Global Inflation

Posted by Larry Doyle on March 11th, 2010 8:10 AM |

News this morning that China’s inflation rate has hit a 16-month high is garnering significant attention.

China’s economy is only one-fifth the size of the U.S. economy while China’s population is more than four times that of the United States. In fact, China’s population is approximately one-fifth of the entire world’s population. Clearly, the People’s Republic of China represents a huge growth opportunity in this century.

Bloomberg highlights this inflation news this morning in writing, China Inflation Quickens as Industrial Output Climbs:

China’s inflation reached a 16- month high, industrial output climbed and new loans exceeded forecasts, adding to the case for the government to pare back stimulus measures. (more…)

Financial Logic and Morality

Posted by Larry Doyle on March 22nd, 2009 12:26 PM |

I am a proud graduate of the College of the Holy Cross, a Jesuit institution in Worcester, MA. The strength of a Jesuit education lies in the principles of Logic and Morality. While I fully appreciated my classes in Economics, German, Philosophy, and others, my classes in Logic and Morality made the greatest impact on me. Those classes forced me to think, not make rash judgments, take positions, and defend them.  

Fast forward to 2009 and a banking industry facing hundreds of billions, if not trillions, of unrealized losses. How do we most effectively, efficiently, and expeditiously address the health of this banking system so that our economy and population can regain its footing and prosper?  Let me revert back to the late ’70s and early ’80s and the principles instilled in me by those Jesuits.

 My Logic class utilized “decision trees.” My Morality class was based on the principle of “the greatest good for the greatest number.”

What have we learned over the last 6 months, as well as the last 16 years, to help us chart our way forward? (more…)

A Question of Honor

Posted by Larry Doyle on March 13th, 2009 1:00 PM |

On January 31st, I wrote a lighthearted piece, Know Your Customer, about my personal experience with an Asian counterparty.  The lesson I learned from that experience back in the late 1980’s was that business dealings in Asia are ultimately “a question of honor.” Are you honorable in your manner? Are you honorable in your engagement? Are you honorable on a going forward basis? Are you honorable in both word and deed? Obviously in a meaningful relationship, this code of honor must run both ways. 

Our relationship with the People’s Republic of China hinges on American consumers’ purchase of Chinese exports and ongoing Chinese purchase of U.S. government debt.  As I just highlighted in my most recent piece, Chinese exports fell 26% in February 2009. Numbers like that will make any government uneasy. During challenging economic periods, the tenuous nature of any economic relationship is captured in understanding the nuances of the Prisoner’s Dilemma(more…)






Recent Posts


ECONOMIC ALL-STARS


Archives