At the Arctic Frontiers conference, attendees had the opportunity to listen to numerous government and NGO representatives from Russia speak in their own language. If my memory serves me correctly, the Russians were the only ones who spoke in their own language, as the people from the Nordic countries and Asia all spoke in English. […]
A regular theme on this blog (here, here, here and here) is how the marked surge in U.S. oil and natural gas production over the past several years is reviving America’s strategic prospects. The energy boom, which is due largely to innovations in extraction technology – namely, hydraulic fracturing (“fracking”) and horizontal drilling – that […]
Last Wednesday, Philippine Foreign Secretary Albert del Rosario asked China to explain its deployment of a patrol ship to guard disputed territorial claims in the South China Sea. The Chinese patrol ship left Hainan island for the South China Sea on Dec. 27, according to China’s official Xinhua News Agency. The move by China comes […]
Following the failure of his nomination of Susan Rice to head the Defense Department, President Obama has nominated Chuck Hagel, 66, a former Republican senator and Vietnam veteran as the next Secretary of Defense. Hagel was awarded two Purple Hearts for wounds he received serving as an infantry squad leader in Vietnam, then entered the […]
The year 2012 was for Beijing a year to display its dragon-like qualities of authority, dignity, and honor. The dragon is also the symbol of the emperor, so it may have been auspicious for a new leader to be chosen during November’s meeting of the 18th National Congress of the Communist Party of China. While […]
A post earlier this month noted how well-connected state-owned enterprises in China were stymieing key economic reforms advocated by outgoing Premier Wen Jiabao and questioned whether the country’s new leader, Xi Jinping, would do any better given that the country’s 145,000 state-run companies are a gold mine of wealth and privilege for rent-seeking Communist Party […]
photo: Suria In one of the biggest landslides in Japan’s electoral history, the conservative Liberal Democratic Party (LDP) of Shinzo Abe surged back to power in Japan’s general election last Sunday – just three years after a devastating defeat. The LDP and its ally, the New Komeito Party (NKP), won a majority with control of […]
I was fortunate to have spent the past year working in Phnom Penh. Cambodia is a raw, untamed land with beautiful sights but also shocking poverty. I’m no stranger to living in the region but, for my money, there is nothing more amazing in the world than driving through the rural countryside of Southeast Asia […]
When one reads the words ‘arms sales’ or ‘weapon systems sold’, one does not usually expect to see the word ‘Germany’ close by. Though it may be quiet global arms dealer, for the past several years (2007-2011) Germany has been the world’s third largest arms exporter. Though Berlin 9% of the total exports trails the […]
“Much of the future of the world in the 21st Century will depend on how well China and the United States sustain growth in our own economies, manage our relationship with one another, and together address challenges facing the global economy.” These words were spoken last week by Under Secretary for Economic Growth, Energy, and […]
Given all the fanciful prognostications about how China is poised to eat America’s lunch, it might sound odd that the country’s new leader, Xi Jinping, is sloganeering about the need for national “rejuvenation” and “revival.” He is, of course, attempting to harness patriotic sentiments in order to boost the Communist Party’s eroding legitimacy. But his […]
This week the U.S. Securities and Exchange Commission (SEC) charged China-located affiliates of the big five U.S. accounting firms with breaking securities laws by failing to provide documents from their audits of nine U.S.-listed Chinese firms under scrutiny. The SEC and the Public Company Accounting Oversight Board (PCAOB) are demanding that the accounting companies, BDO […]
It’s that time of year again. Another 12 months has flown by. Companies and organizations are celebrating their 2012 achievements and are looking for areas of improvement in 2013. Offices, malls and schools are filled with holiday music and lights. South Africa is no different, but there is some stress, as they prepare to host […]
Two moves by Chinese authorities over the past few weeks have raised concerns amongst China’s neighbors. In late November, China issued a new passport that includes a nine-dashed line incorporating most of the South China Sea — the same lines that are depicted on many official Chinese maps. This move has drawn strong condemnation from […]
In a radio interview airing Nov. 17 on Canadian Broadcasting Corporation, Zhang Junsai, China’s ambassador to Canada, told radio host Evan Solomon that Chinese firms are not involved in foreign espionage, “I can assure you that our companies working in other countries are strictly doing business according to the local laws.” Zhang blamed the […]