Dollar Nears Record Low

With the stock market booming and the trade deficit with China at an all time high as well, it is strange that the U.S. dollar is headed in a different direction.

Pollution Causes 500,000 Deaths A Year In China

A study conducted by China's environmental agency has concluded that pollution contributes to widespread unrest, riots, and over 500,000 deaths a year.

Trade War With China Coming?

Democratic front runners Hillary Clinton and Barrack Obama have endorsed legislation calling for punitive trade tariffs on Chinese goods if the Chinese do not revalue their currency.

China Closes 180 Food Factories

In the face of world-wide criticism of its product safety record, China closed 180 food plants that make candy, pickles, crackers and seafood due to problems in the manufacturing process.

China Responds To CO2 Report

Earlier this week, as reported here, a Dutch Agency responsible for quantifying global greenhouse gas emissions identified China as the top emitter of CO2, passing the U.S. for the first time. China has come back with an official response.

U.S. Still Largest Per Capita Greenhouse Gas Emitter

"China Passes U.S. In Greenhouse Gas Emissions" is a headline you'll see in wide circulation today. It is a headline that will be used to deflect attention away from the need for the U.S. to do something about its carbon emissions. What the misleading headline doesn't tell you is that on a per capita basis, the U.S. is still just over four times that of China.

U.S. Preparing For Cyber-War

In the face of growing threats to the nation's Internet infrastructure from other nations, China in particular, the U.S. military is establishing a 'cyber command centre' to fight any future wars in Cyberspace.

China Rebukes Calls To Curb Greenhouse Gases

Claiming that industrialized nations are responsible for most greenhouse gas emissions, China has said that growing its economy with the goals of economic development and poverty eradication is more important. They did however commit to being 20% more energy efficient than 2005 by 2010.

Chinese Stock Market Falls 6 Percent

The Shanghai Composite Index, up 62% for the year, has dropped 6% today in response to an increase in taxes on trading. Some stocks fell to their 10% daily loss limit.

China Continues To Ramp Up Military Spending, Nuclear Arsenal

The Chinese have been increasing their defense spending by double digit percentages for more than a decade (and that's the spending we can see.) They have been building an arsenal of modern weapons and forces with plans that western militaries are having a difficult time ascertaining.

Headlines (5/21/2007)

Inside the Digital Dump. Poor Chinese are poisoning themselves trying to strike it rich mining discard electronics for copper and gold.

New process generates hydrogen from aluminum alloy to run engines, fuel cells. If I read this right, we could be looking at using water to fuel hydrogen powered vehicles.

For 2008, Who Isn't a Flip-Flopper?. The Washington Post calls the '08 candidates onto the carpet for Flip-Flopping on both sides of the aisle.

Prewar intelligence foretold Iraq upheaval. Still believe Cheney when he says that we could not have foretold the situation that has developed in Iraq. Our own intelligence people did.

Senators to debate immigration policy.

China Plans Online Gaming Curfew Of Sorts

Fearing that children are spending too much time playing online games, the Chinese government has given software vendors in China three months to place curbs on gaming by underage players.

For games that allow players to accumulate points, the games would be required to stop giving players points after three hours of play in a given day.

This policy assumes, of course, that these kids play only one game online.

This does remind me a bit of the policies built into World of Warcraft that encourage players to take a break from the game. In WOW, players who rest get a 100% to experience accumulation proportionate to the time spent not playing. I suspect that Blizzard Entertainment, makers of World of Warcraft, are more concerned about server load than the health of their players, but the policy does achieve the same goal.

One has to wonder if such 'nanny state' kind of policies where the state substitutes its judgment for the judgment of the parents are a good idea. Libertarians would argue that such regulation is unnecessary and would point at Blizzard's initiative as a sign that the market can handle the problem on its own.

China Ignores World Bank Guidelines In African Lending

Ahead of next week's Forum on China-Africa Cooperation, Paul Wolfowitz, head of the World Bank, has called into question China's lending processes with regards to African countries.

It seems that the Chinese have been ignoring a voluntary set of guidelines known as the "Equator Principles" in their lending, preferring instead a more hands-off approach. The point behind the Equator Principles is to ensure that lenders review the social and environmental impact of the projects they are funding. The goal being to minimize the negative impacts.

Chinese Bring Patent Suits In U.S. Courts

Bring war material with you from home, but forage on the enemy... use the conquered foe to augment one's own strength.
-Sun Tzu, the Art of War

As China's economy continues to grow at an amazing 11%, Chinese companies are starting to flex their muscles outside there own borders. First content to settle, circumvent, or lose and move on in patent suits, they're now ready to bring the battle to American companies.

This year, Netac, a manufacturer of computer flash memory products based in Shenzhen, China, brought a patent suit against a New Jersey rival in a federal court in Texas, in what is believed to be the first time that a mainland Chinese company has sued an American one for patent infringement.

China Calls Taiwan U.N. Entry Dangerous

A Chinese government spokesman for the Taiwan Affairs Office of the State Council of China called efforts by Taiwan to seek entry into the U.N. "dangerous."

In early August, a few countries sought to include the issue of Taiwan on the agenda for the 61st session of the U.N. General Assembly. For now it has been excluded.

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