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If President Obama can convince his Chinese counterpart, Hu Jintao, to revalue the Chinese currency upward he will certainly be widely praised – in America – where it is perceived as the economic hurdle to greater understanding and co-operation between the world’s two largest economies.
Yet those who wish (desire/pray/insist: take your pick) such an outcome will likely be disappointed.
For sure the Chinese Yuen is under-valued by most recognized standards but its revaluation ...
Maybe the best thing to emerge from Cancun had little to do with the Conference directly.
For starters, barring some cataclysmic occurrence, the 2010 UN Climate Change Conference (November 31 – December 10, 2010) held in the Mexican city of Cancun, could not have been a greater disappointment than its predecessor in Copenhagen, 2009. The latter was viewed by many as the end of any kind of international challenge to the process of global warming.
The US, as is so often the case, sto...
Yes Folks: with the mid-term elections in the US thankfully behind us we can return to the boring day-to-day trivia of everyday life.
Retailers in the US, for example, are having a hard time shifting stock. Knock down prices? Nah! “We’re selling below cost already”.
Superior after-sales service? OK, but will you be in business long enough to honour the pledge?
Give away promo items: pens? key fobs with genuine artificial leather embossed with y...
Talk of a trade war between the US and China continues, despite the hope that with the US ‘mid-term’ elections now concluded the rhetoric would cool down a bit.
One core problem is that elections in the US are never really concluded, they just move on to the next. Already the political airwaves are gearing up for the 2012 extravaganza.
Plus, in this case China has joined in upping the level of rhetoric.
Politicians and political leaders do have a habit of talking themselves...
This week Nicely Made in China (NMiC) is happy to feature shoe designer. Londoner, Alison Mary Ching Yeung, half-Chinese, half-British, created the brand Mary Ching in 2009 in Shanghai . On her way to becoming the “Louboutin of Shanghai” (according to French fashion magazine ELLE) Mary Ching has become in a short time a much sought after brand by fashionistas in China and beyond. It has already caught the eye of stars such as Beyonce, Cameron Diaz and Zhang Ziyi. In a fas...