China Sales Dog Blog

SpaceX: Not a China topic but too cool to not post.

Watch this 60-Minutes segement. Gotta respect this guy.

 

China and U.S. face choices in Chen case, none perfect - latimes.com

There is not rest for China watchers. Just when you thought there couldn't be another major US-China issue (i.e. think China and the Philippines disputing a South China sea rock while the US awaits on the Philippines' flank) enter blind Chinese activist Chen Guangcheng, his escape from Chinese house arrest and apparent asylum in the U.S. Beijing emabassy. It sure will be interesting to see how this one plays out. See the LA times article for the whole story and a few cultural insights therein.

Have a good day,

Chris

From the LA Times - "No resolution of the diplomatic challenges facing the United States and China over what happens to blind dissident Chen Guangcheng is likely to both ease Chinese embarrassment and cast the Obama administration as a staunch defender of human rights, experts say.via latimesblogs.latimes.com"

U.S. exports to China boom, despite trade tensions - The Washington Post

The surge is happening without much change in Chinese government policies and without much specific help from the Obama administration, which has a stated goal of doubling all U.S. exports globally by 2014. Instead, experts say, the main reason for the increase has been a booming China, where wealthier tastes include an increased appetite for meat — and hence for soybeans used as livestock feed.

via www.washingtonpost.com

Export opportunities to China increasing ... ! Time to get onboard.

China’s Xi Should Take a Lesson in U.S. Creativity: Junheng Li - Bloomberg

An executive in the Shanghai office of an American private-equity firm decided to conduct an experiment with two groups of MBA interns. He gave the same project to a team from the Wharton School of the University of Pennsylvania and to a team from a leading business school in China (CNGDPYOY).

via www.bloomberg.com

Interesting, something to think about, useful perspective in moving forward as a nation.

Chris

Is China somehow limited by its culture and design?

Explaining the many nuances of China to an uninformed friend is always difficult. There are so many angles on everything China that the "uninformed" cannot begin to comprehend the "expert's" divergent seemingly disconnected explanations. You know that old concept of yin-yang, the one represnting "dark-light", "good-evil", "hard-soft" and a whole slew of other opposing yet intertwined forces in the universe? Originating in China, there is no other place it describes better than China. Even today, China is pulled by many "contradictory" forces, the majority being internal.

 

Read the below referenced article

The National Export Initiative: Why NOW is the Time for American SMEs to Export to China

“So tonight, we set a new goal: We will double our exports over the next five years, an increase that will support two million jobs in America.”

-President Obama

 

    The President’s ambitious plan to double America’s exports over the next five years, which he announced at the 2010 State of the Union, makes this the perfect time for SMEs to start to export. The details of this plan were laid out in the National Export Initiative (NEI), and an Export Promotion Cabinet was established to spearhead the effort. The NEI pools resources and leadership from the Small Business Administration, the Export-Import Bank, the U.S. Trade Representative, and from the Commerce, State, and Agriculture departments.

     Priority number one of the NEI is to increase government assistance to SMEs looking to export.

Steve Jobs’s Best Quotes - Digits - WSJ

This post originally ran on Aug. 24, after Steve Jo

via blogs.wsj.com

A big loss, a sad day. God bless you Steve Jobs.

Chris

China Currency Bill Runs Into GOP Opposition - Bloomberg

Getting China to move on it's currecny policy is like pushing bolders up a rocky hill ... the boulders are pretty much going to do what they want anyway. Now it seems that a currency bill developed in the US Senate also may not be the answer, at least according to some members of the House of Represenatives. Read about opposition to the bill in the following Bloomberg article.

Overview: U.S. Senate legislation that would punish China for an undervalued currency ran into opposition from senators and a roadblock by House Speaker John Boehner, who said the bill was “pretty dangerous.” via Bloomberg.

View full article.

Become enlightened.

Chris

Report: US-China trade negative impact on US labor market

Here is an informative article from the September 27 online edition of Wall Street Journal discussing the real impact on US manufacturing and jobs from years of increasing trade with China, or more accurately intensive buying from China-based manufacturers. The article "Tallying the Toll of U.S.-China Trade - Study Sees Americans Bearing High Economic Cost of Imports as Labor Market Struggles to Adapt" based on the research of three prominent economists does not challenge the traditional theory that increased trade is good for the economy. Rather, the research indicates the ramp up of China's exports has been too fast for the US economy to adapt. The result has been increasing unemployment.

The findings of the study (See study - Download ChinaMFGimpact) are consistent with my own perceptions of what's been happening in this US-China game. The conclusions of the report also support my earlier post arguing the US should maintain at least some level of manufacturing in as many sectors as possible, if not for strategic interests, then just for employment.

Have a good day!

Chris

More Visitors Leave U.S. Off Travel Itinerary - WSJ.com

Security measures adopted to vet foreign visitors since 9/11 have had the side effect of discouraging tourism to the U.S., curbing job growth in the hospitality industries, according to executives and Obama administration officials.

via online.wsj.com

Chris writes: Here's an easy boost to the US economy if we just can become a bit less cynical and a little more welcoming (This American finds US Customs & Immigration the most unwelcoming of any country I have been too). Think of the many ways in which a tourist to the US spends money - plane tickets, ground transportation, hotels, meals, amusement parks, gifts, personal items to take home, etc., etc., etc. The infusion of cash from those millions of tourists will literally make the lives of millions of Americans at least a little better. Find a more efficient way to screen out the few ill-intentioned and let the majority good have some fun in America. China alone will have around a million wanna-be US visitors this year.