Tag Archive | "China"

To Float More Freely

To Float More Freely

I never took an economics course in college and this is something that I deeply regret. Recently, China announced that they would allow their currency (the Yuan) to float more freely. In their economy they have tighter controls and restrictions, specifically; they have artificially devalued their currency.  This means that their Yuan is worth less then what it would be if they did not devalue it.

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Posted in Articles, Barack Obama, Business, China, Current Events, Obama Administration, Philosophy, U.S.Comments (0)

Japan Again!

Japan Again!

What a great way to start the day. I wake-up and read that China has sold $34.2 billion worth of US treasury bonds. This means that Japan is once again the largest holder of US debt! It is way better to have our debt in the hands of a trusted ally rather then a power-hungry adversary. That is just international relations 101.

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Posted in Articles, Brooks Report, Business, China, Current Events, Obama Administration, U.S.Comments (1)

China hits back at US over trade and currency

China hits back at US over trade and currency

China has hit back at the US a day after President Barack Obama promised to take a tougher line with Beijing over currency and trade.

Chinese foreign ministry spokesman Ma Zhaoxu insisted the value of the Chinese yuan was not the main reason for China’s trade surplus with the US.

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Posted in Articles, Brooks Report, China, Current Events, Obama Administration, U.S.Comments (1)

Obama administration announces $6B arms sale package to Taiwan, likely to anger China

Obama administration announces $6B arms sale package to Taiwan, likely to anger China

WASHINGTON – In a move sure to aggravate China, the Obama administration announced on Friday plans for more than $6 billion in arms sales to Taiwan, the self-governing island the Chinese claim as their own.

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Posted in Articles, Brooks Report, China, Current Events, Obama Administration, U.S.Comments (0)

Budgetary Insanity

Budgetary Insanity

The big speech was a few nights ago and Obama did a great job. He certainly brought a different tone with him as he delivered a stirring, informal and commanding address. Obama needed to make some points about his predecessor (Bush), about the direction of our country and about the opposition he is facing from the Republicans.

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Posted in Articles, Barack Obama, Brooks Report, Bush Administration, Current Events, Obama Administration, U.S.Comments (0)

Googling China

Googling China

In somewhat stunning news, CNN.com is reporting that Google China might be shutting down. Google is reportedly upset with the censorship and hacking that is going on with their Chinese operations. In a move that seems to be forcing the hand of the Chinese government, Google is planning on saying ‘stop the censorship or we are leaving!’

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Posted in Articles, Brooks Report, Business, China, Current Events, Obama Administration, TechnologyComments (0)

Appeasing Nazi China

Appeasing Nazi China

On September 1st, 1939 Germany, the Soviet Union and Slovakia invaded Poland forcing the hands of western states that had previously sought to appease the eastern aggressors. Poland received very little help from the western states and was subsequently divided among the victors. We all know the rest of the story…

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Posted in Articles, Brooks Report, Dalai LamaComments (0)

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