The Wall Street Journal recently published a review of a new book by Gregg Easterbrook, “The Blue Age: How the U.S. Navy Created Global Prosperity—And Why We’re in Danger of Losing It”, that highlights the relative peace and tranquility on the seas, courtesy of the U. S. Navy. The importance of ocean shipping has been […]
Read MoreRecently, two articles crossed my desk that provide some insight into the extent and complexity of attempting to compete with China. The first article addressed the issue of labor and introduced, at least to me, the number 996. Apparently, this is shorthand for the schedule that has become the workplace norm at many Chinese companies: […]
Read MoreTwo days after Didi Global Inc.’s initial public offering (IPO), China’s internet regulator issued several orders that have the potential to seriously limit Didi’s growth potential. Needless to say, the market’s reaction was not good and the shares traded down. There is some question as to whether Didi’s management had any awareness of possible issues […]
Read MoreInvesting in cryptocurrency has always been controversial. In that regard, we have previously posted several blogs that suggest that legal tender is what the government says it is. Recently, China has made it clear that it does not recognize cryptocurrency as legal tender and the banking system does not accept cryptocurrencies or provide relevant services. […]
Read MoreWikipedia defines intellectual property (IP) as a category of property that includes creations of the human intellect. There are many types of IP, and some countries recognize more than others. The most well-known types of IP are copyrights, patents, trademarks and trade secrets. The main purpose of IP law is to encourage the creation of […]
Read MoreChina’s economy is heavily dependent on coal powered electric energy. We have previously discussed China’s dependence on coal. (See our blogs titled Climate, Coal and China and Coal). In order to meaningfully reduce China’s dependence on coal, solutions to two primary roadblocks will have to be found. Specifically, the availability of scalable and economically practical […]
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