Students take over Taiwan's Legislature amid massive protests against a trade bill with China. Student protesters stormed Taiwan's Legislative Yuan last week, overwhelming police, and have occupied it since as protests grew outside. Last night, another group of students stormed the Executive Yuan, but were removed, sometimes violently, by riot police. The Presidential Office is surrounded by barricades and police checkpoints. The protests began after the ruling party, the Kuomintang, declared a review of a China trade pact to be concluded after months of wrangling between it and the opposition in the Legislature. The students originally wanted the review to continue, but they're now demanding that it be scrapped altogether.
The University of Southern California's US-China Institute has a huge number of videos on YouTube regarding China, Taiwan, history, global diplomacy, etc. [more inside]
To a Chinese Scrap-Metal Hunter, America's Trash Is Treasure: Johnson Zeng is a Chinese trader who travels across the U.S. in search of scrap metal. By his estimate, there are at least 100 others like him driving from scrap yard to scrap yard, right now, in search of what Americans won’t or can’t be bothered to recycle. His favorite product: wires, cables, and other kinds of copper. His purchases, millions of pounds of metal worth millions of dollars, will eventually be shipped to China. [more inside]
This country (the Roman Empire) has more than four hundred smaller cities and towns. It extends several thousand li in all directions. The king has his capital (that is, the city of Rome) close to the mouth of a river (the Tiber). The outer walls of the city are made of stone. - A Third Century Chinese Account Composed between 239 and 265 CE, Quoted in zhuan 30 of the Sanguozhi. Published in 429 CE. Draft English translation
The Forces Of The Next 30 Years - SF author and Mefi's Own Charles Stross talks to students at Olin College about sci-fi, fiction, speculation, the limits of computation, thermodynamics, Moore's Law, the history of travel, employment, automation, free trade, demographics, the developing world, privacy, and climate change in trying to answer the question What Does The World Of 2043 Look Like? (Youtube 56:43)
"Honey laundering is a complex exercise that involves several players in the honey chain from apiary to wholesaler to retailer. In the case against ALW, evidence was presented to show the use of fake country-of-origin documents for shipments, replacement of labels on Chinese containers with fraudulent ones, switching of honey containers in a third country, and even the blending of Chinese honey with glucose syrup or honey from another country."
We're All State Capitalists Now 'No, according to some commentators, the contest between the two Asian superpowers is also fundamentally a contest between economic models: market capitalism vs. state capitalism.' [more inside]
A unique urban ecology prompts a new look at globalization. Japanese architect Naohiko Hino visited Guangzhou's 'Africatown' after being inspired by an article in Le Monde Diplomatique* and wrote his view on the unique model of globalization he saw in the heart of China's manufacturing powerhouse. [more inside]
Made in America: small businesses buck the offshoring trend - "For US manufacturing to make sense, factories must make extensive use of automation. That's getting easier, given that the cost of robots with comparable capabilities has decreased precipitously in the past two decades." [more inside]
Hu Jintao, premier of China, is in the middle of his first state visit to the US, whose pomp and circumstance reflects China's growing economic stature and role in world affairs. Due to the linguistic and political differences between the US and China, few Americans know very much about Hu. Many of them will have had their first real look at him during an extended and surprisngly candid joint press conference held with President Obama and lasting well over an hour - something which never happens in China. Fears (or possibly hopes) of a trade war between the US and China a year ago have faded, and instead a trade deal involving $45 billion of American exports was announced, to mixed reactions. He was received less kindly by Congress, whose members expressed disquiet about everything from trade deficits to human rights and whose leaders declined to discuss matters over dinner - perhaps because they did not wish to be lost in the high-powered crowd of attendees. [more inside]
Can China Adjust to the US Adjustment? Prof. Michael Pettis of Beijing University on the macroeconomic parallels between the present crisis and that of the 1930s, with China playing the role today that the US played back then.
"Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China." James Fallows on how the trade deficit between China and America works and what it means for the future.
Give us your secrets. The Chinese government plans order foreign manufacturers to reveal information about their digital products, a Japanese newspaper reported on Friday. It will introduce rules requiring foreign firms to disclose secret information about digital household appliances and other products from May next year, the Yomiuri Shimbun said, citing unnamed sources. If a company refuses to disclose information, China would ban it from exporting the product to the Chinese market or producing or selling it in China, the paper said. [more inside]
Made in China. A look inside the world’s manufacturing center. Flash video slideshow of the port of Shenzhen (7:00 minutes with sound)
5 types of Chinese fish subject to temporary import ban. Melamine in farmed fish. The safety of fish farming in question. Are we risking a trade war with China over food? Some see an upside to food globalization. China's loss may be the Gulf Coast's gain. Previously on Mefi
Is everyone asleep at the wheel? "The Senate on Tuesday approved a bill to normalize trade with China, marking a turning point in a half-century of stormy relations between the world’s strongest power and its most populous nation. In return, trade relations will no longer hinge on China’s human rights record, a link that has long irritated Beijing." It is a sad day for human rights in China.
China, our new buddy It seems like history may be made today. I hope that if China does receive favorable trade status that it will go to improve human life in that nation and improve ties between our countries. I'd like to buy China a Coke...