The direct China-Britain freight train is likely to shake up traditional trade patterns as speed and reliability are the key in modern supply, said Nichola Silveira, general manager of Logistics of DP World London Gateway. The first China-bound freight train carrying British products left DP World London Gateway terminal on April 10 and arrived at eastern China's Yiwu city known as China's "world supermarket" after a 19-day journey. "This was the pilot run and now we are working to...
Read More »Will Knight — China’s AI Awakening – 中国 人工智能 的崛起
Qing Luan, director of SenseTime’s augmented-reality group, previously developed office apps for Microsoft in Redmond, Washington. She says she returned to China because the opportunities just seemed much bigger. “We were struggling to get a thousand users; then I talked with my friend who was working at a startup in China, and she said, ‘Oh, a million users is nothing—we get that in several days,’” she recalls. This is the key point about everything involving China. It's yuuu...ge!The...
Read More »China Daily — Nothing to gain from uncertainty
U.S. President Donald Trump may have a personal interest in keeping the rest of the world wondering what he is actually up to. But the pervasive sense of uncertainty he has created since Day 1 in the White House is hardly conducive to his presidency or U.S. national interests, never mind global stability.... Trump may believe the U.S.' unrivaled capabilities give him boundless room for maneuver in handling foreign policy issues. But in that he would be mistaken. Scrapping the Iran nuclear...
Read More »The Saker — NY Times: 1949 – When China lost that ‘elusive’ quality needed for Anglobalization
Snarky backgrounder. Humorous read of some sorry history, centered around former US Secretary of State Dean Acheson.The Vineyard of the SakerNY Times: 1949 – When China lost that ‘elusive’ quality needed for AnglobalizationThe Saker
Read More »Sebastian Heilmann — Big Data reshapes China’s approach to governance
Absolutely must-read! Economic planning and societal control: The digital transformation is changing the rules of the game in the global systemic competition. China's determined pursuit of a "digital Leninism" presents a major challenge to liberal market economies and democratic political systems. MERICS — Mercator Institute for China Studies Big Data reshapes China's approach to governance Sebastian Heilmann ht Ryan in the comments Sebastian Heilmann is the founding president of the...
Read More »Xinhua — Image of China changes at “China speed,” U.S. experts say
Meanwhile, a new Ipsos Global poll about countries with positive influence on world affairs found China ranks 8th with a score of 49 percent, 9 percentage points higher than the United States. Daniel Rosen, founding partner of Rhodium Group, said on Tuesday at a forum in New York that according to his tracking of China's innovation progress, in 18 months from now, the share of China's industrial output from innovation will surpass that of the United States. "Now China's image is obviously...
Read More »Tsvetana Paraskova — Who Is Winning The Market Share War In China?
Saudi share declining, Russian and US share increasing.OilPriceWho Is Winning The Market Share War In China?Tsvetana Paraskova
Read More »Martin Armstrong — Will China take over US as the top Superpower
Stories about the imminent replacement of the USD as the global reserve currency abound. In some circles it is the consensus reality. Martin Armstrong sets a questioner straight. China is on the rise and it will become the financial capital of the world after 2032. However, it has a long way to go. China can price every commodity in yuan and demand all trade deals are in yuan. That still will not displace the dollar. The center core issue behind the dollar ironically in the US National...
Read More »From Japanese Bubble to Chinese Time Bomb — An Interview with Walden Bello
China is a prime candidate to be the site of the next financial crisis. Speculation in real estate and the stock market has been a favoured activity among people who feel they are getting very little interest from their savings in the banks owing to the policy of limiting interest to depositors in order to subsidize the influential export-oriented manufacturing lobby. The Shanghai stock market lost 40 per cent of its value in 2015, bankrupting many investors. That event led many to shift to...
Read More »Xinhua — Global destinations brace for Chinese national holiday
Here come the Chinese. Hundreds of thousands of overseas shops in countries all over the world now support Alipay payment in hope of attracting Chinese tourists during the upcoming eight-day national holiday. Sixteen international airports have real-time QR code-scanning tax refund services for Chinese Alipay users, two in the Republic of Korea, and 14 in Europe, according to Ant Financial, the parent company of Alipay. "The holiday is not just a festival for Chinese, but for us as...
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