China, with its paltry aid to the Philippines and its announcement of a new air-defense zone over the East China sea, has not been making friends in its region these days. But the country to worry about in the Far East is not China. It is Japan.
Countries such as China and South Korea that have suffered the horrors of Japanese imperialism must feel chills up their spines as they take note of
Word is coming out of the discovery of a truly massive, shale oil field in Australia that’s expected to produce from 233 upwards to 400-billion barrels of crude oil. That’s crude oil, not bitumen.
Even at the lowest range, 233-billion barrels considerably exceeds Canada’s 175-billion barrel petro-reserves, most of which are high-cost, high-carbon bitumen.
As Richard over at Canadian Trends points out, the recent accord with Iran is compounding the recent slump in WTI crude, magnifying Alberta’s “carbon bubble” problems.
What impact will the Coober Pedy bonanza have on Canada’s high risk energy resources? You may think (Read more…)
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What are its strengths and weaknesses ? In the November 18 edition of Time Magazine Michael Schuman looks at this question from the perspective of China’s need to learn innovation. Not simply to produce. This is one area in which it is well behind the USA, to the great comfort of American apologists.
China is facing a period of transition and needs to adjust.
“China is a victim of its (Read more…)
Justin Trudeau at left, with some boring white guy in a tie that’s too wide. Don’t ever underrate the power of pixie dust! Below: The same boring guy with Toronto Mayor Rob Ford and with well-known cage fighter Patrick Brazeau. Weirdly, everyone in these pictures appears exactly as illustrated!
Repeat after me: Rookie mistakes. Rookie mistakes. Rookie mistakes…
Do you think if we say it enough times, it’ll be true?
Plus, don’t forget Ladies’ Night, Red China and marijuana… I mean, like, really, is this a meme yet?
The entire Canadian punditocracy now seems to have jumped on the Justin-Trudeau-is-a-totally-flaky-rookie (Read more…)
Australia has become one of the most affluent countries in the world. It’s economic miracle is anchored to a much larger economic miracle to the north, in China. Australia has been reaping a vast fortune selling coal to China.
How much coal? Enough to deposit about a million tons of the stuff annually onto Australia’s Great Barrier Reef.
This has gone on for the past decade and is set to almost quadruple in the coming years as Australia accelerates its great coal rip off.Australia’s coal industry admits that it loads 50 million tons of coal every (Read more…)
One of the not-so-solemn duties of the blogosphere is to hold the Main Stream Media in check when they go a little astray. I’m not sure if I should hold Andrew Coyne’s hand as I walk him back to where he was a week ago, or if I should slap it for being caught in the Conservatives’ propagand acookie jar. Mmmm, raisins.
Here’s where Coyne was last week:
.@acoyne: We’ve grown used to seeing prime ministers sealed inside an impenetrable bubble, but a whole party? ow.ly/qs0nR #CPC13— canada.com (@thecanadacom) November 04, 2013
Here he was (Read more…)
We continue our special series of commentaries marking the 50th anniversary of the publication of Mel Watkins’ classic article, “A Staple Theory of Economic Growth,” with the following contribution from Daniel Poon. Daniel is one of Canada’s leading experts on the theory and practice of industrial policy, and the successfull industrialization experience of East Asia. He is an economic affairs officer with the UN Conference on Trade and Development (UNCTAD), previously worked as a researcher with the North-South Institute (NSI), and was a Fellow with the Walter & Duncan Gordon Foundation. Here he applies lessons from Asia’s experience, and (Read more…)
Chas Freeman, who served as Richard Nixon’s interpreter in his breakthrough 1972 visit to China, says the real danger from China is that it might just decide to become another United States.
Some might say that America’s problem with China boils down to a well-founded fear of China becoming more like us. Does the world have room for another country that is strong at arms, but a bit weak in the head?Might a powerful China seek to exempt itself from international norms or show indifference to the views of other countries? Might it develop a bloated military budget like (Read more…)
China, the People’s Republic Whereof, is in for some tough sledding. From quickly mounting threats from its freshwater crisis to air pollution, warming, sea level rise, food insecurity, overpopulation it seems that China is getting overtaken by events. Environmentally, China is a ticking time bomb.
A recent tragedy, an 8-year old girl living near a highway in the coastal province of Jiangsu diagnosed with lung cancer, has stirred up unrest. Once again the central government has vowed to wage war on air pollution but that’s a promise that has been heard before.
Here are a few photographs of (Read more…)
Chinese researchers are catching proper hell for playing around with potentially lethal viruses, developing hybrid variations of influenza that would be easily transmissible between mammals. The Chinese claim they’re only developing these hybrids so they can create vaccines against them Their Western counterparts say that’s bullshit.
Robert May, former Chief Scientific Adviser to the UK Government, told The Independent: “They claim they are doing this to help develop vaccines and such like. In fact the real reason is that they are driven by blind ambition with no common sense whatsoever. The record of containment in labs like this (Read more…)
It’s very important to Canada’s economy that we send a resource (we can’t use without killing the planet) to Communist China so their economy can continue to pollute at record pace as they ship unneeded goods to the United States and Canada so we can bury them in our landfills when we aren’t burning them to create electricity to power our other throw-away devices.
I’ve predicted for a year or so that the power brokers in Ottawa will soon sense that Harper isn’t their meal ticket any longer and jump bandwagons to Trudeau because they are not (Read more…)
The Harper government has set blue collar Canada on a race to the bottom. It is virulent in seeking to suppress unionism and collective bargaining and has been repeatedly found all too willing to permit droves of guest workers to be imported to fill jobs that should go to Canadian workers.
When it comes to allowing employers to bring in low-wage guest workers the justification given is that there’s a labour shortage in Canada. This is then leveraged into a scheme that not only fills the mysterious gap with foreign workers but allows the employer to pay them (Read more…)
Mars probe component made by 3D printing
That grim phalanx of leaders of the Chinese Communist Party must be poring over research papers prepared for them, wondering how soon 3D printing descends upon the manufacturing powerhouses of the world, and wipes out their low-cost advantages. Take this article about one use of 3D printing, a result of the AMAZE cooperation:
Using traditional techniques to fashion metal objects often wastes precious raw material. Whereas additive manufacturing – building parts up layer-on-layer from 3D digital data – has the potential to produce almost “zero waste”. “To produce one kilo of metal, (Read more…) . . . → Read More: CuriosityCat: 3D Printing: The End of China’s Manufacturing Edge?
In 2008, made-in-America Casino Capitalism took down economies around the world and, in case you haven’t noticed, they haven’t come back and won’t anytime soon. Wall Street did what al Qaeda could never dream of achieving.
Now America is once again threatening to scupper the global economy. Today the terrorists are the rightwing radicals who have seized control of the Republican Party and, through it, the House of Representatives.
The president of the World Bank, Jim Yong Kim, has warned that failure of the White House and Congress to solve America’s debt ceiling crisis by the Thursday deadline (Read more…)
Most Canadians, and most Americans for that matter, don’t appreciate the lengths the United States has been going to in order to contain China and slow its ascendancy – politically, economically, militarily and technologically.
China’s space programme has been targeted by the United States using its ITAR trade regulation to prevent the transfer of American technology to the Peoples Republic. A recent assessment in Aviation Week concluded Washington’s efforts have been in vain and may even have backfired on the U.S. The Chinese have managed to easily source a lot of what they need elsewhere and the restrictions have (Read more…)
When you have a serious debt problem and your biggest creditor gives you a slap upside the head maybe it’s a good time to rethink what’s not going right at home.
The Chinese government has conveyed a sharp message to Washington – stop acting like children.
Beijing demanded US President Barack Obama take ”concrete measures” to ensure the US did not default on its debts. ”Safeguarding the debt is of vital importance to the economy of the US and the world,” China’s vice finance minister Zhu Guangyao said. ”This is the United States’ responsibility.” The warning (Read more…) . . . → Read More: The Disaffected Lib: China Warns Washington to Act on Debt Ceiling
Turkey, NATO’s sole member from the Muslim world, has ordered a new, air defence system – from China.
A government committee chaired by Recep Tayyip Erdogan, prime minister, decided this week to proceed with buying the long-range anti-aircraft and ballistic missile system from the state-owned China Precision Machinery Import-Export Corporation, rejecting rivals bids from western groups. This was despite concerns that the new technology might not work with other Nato systems. Turkish officials said the decision was made on technical and price grounds, an argument echoed by several analysts who say Ankara is keen to get hold of (Read more…) . . . → Read More: The Disaffected Lib: Arms Race Update – Turkey Buys Air Defence System from China
Nexen, the Chinese Communist Party’s anchor in Athabasca, is urging Canadian National Railways to start shipping bitumen by rail car to Prince Rupert where it can then be loaded on supertankers for transport to the Peoples’ Liberation Army and other users.
Apparently China is getting impatient with Comrade Steve’s inability to make headway on the Northern Gateway pipeline to Kitimat and so they’ve taken matters in their own hands. For some strange reason, opponents of the Northern Gateway aren’t mollified by the proposal to ship bitumen across B.C. by rail. This will give you some idea why:
Another year, another dead Canadian tech giant. Blackberry was sold yesterday for scrap to the Toronto private equity firm Fairfax. The purchase price of $4.7 billion is essentially valued at its cash of $2.6 billion and the value of its patents. Blackberry’s active businesses are being valued at essentially nothing. If Fairfax can stop the incredible burn rate of $1 billion a quarter and make Blackberry’s enterprise encryption business sustainable then there is probably money to be made. Best of luck to Fairfax in trying to recover some value from this slow motion (Read more…)
Chinese demand for the fins of sharks (I have no idea what they are good for) has gone up over the past couple years. India is one of the largest exports of shark parts to China and the Indian government has decided to ban the act of removing fins from sharks.
Worldwide, sharks are in sharp decline, with some species’ numbers now 10 per cent of what they were three decades ago. Their demise threatens the health of ocean ecosystems, experts say, as the top predators are key to keeping fish and turtle populations in check. Tens of millions are (Read more…)
Thousands of people are taking part in the 2013 International Camping Festival on Mount Wugongshan in China’s Jiangxi province. The event, which began on September 14, has attracted more than 15,000 campers from all over the world, according to Xinhua News Agency. Reuters I like pictures. An interesting festival.
China is taking a page out of North America’s book, discovering that antibiotics are the key to industrial livestock production. Already half the antibiotics used in China go to keeping livestock ticking over until they can be slaughtered.
Shocked? You shouldn’t be. China is at 50%. In the U.S., the livestock industry consumes 77% of that nation’s antibiotics.
China’s teeming factory meat farms have a drug problem. To make animals grow quickly under cramped, feces-ridden conditions, animals there get fed small, doses of antibiotics—creating ideal breeding grounds for antibiotic-resistant bacterial pathogens that threaten (Read more…)
I have been an Apple fan since I got my first computer—Mac all the way. I cringe, therefore, when I encounter articles about the company and its exploitation of Chinese labour. So I really didn’t need to read this morning that Apple’s new iphone is being produced under illegal and abusive working conditions at its contractor’s plant in Wuxi, China. A report by China Labor Watch claims that
Banks as predators? Surely, no!
Temporary foreign workers have become a lightning-rod topic in Canadian labour in recent months with the high-profile news of the Royal Bank of Canada replacing staff with TFWs. But the issue is not about RBC, which is merely the latest flashpoint. The temporary foreign worker issue is wrapped up in a number of intersecting topics, including minimum and living wages, the role of the market in setting wages, immigration and job training.
Despite some of the spin we are seeing, the TFW controversy is not an issue of jobs for Canadians versus foreigners, and it (Read more…)
(that the mass media won’t tell you about) 1. The Middle East holds 60% of the world’s remaining energy reserves: therefore, the entire region is critical to control – for anyone with an empire fetish, that is. And if you’re serious about controlling the Middle Eastern oil reserves, then you must control, not just the […]