International investors have a private court of appeal even in criminal matters - "A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment. [ISDS] operates unconstrained by precedent or any significant public oversight, often keeping its proceedings and sometimes even its decisions secret." (via) [more inside]
Extra Virgin Suicides is an interactive graphic from the New York Times about the global business of counterfeit olive oil. The NYT graphic is pretty slick, too.
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]
The once shining beacon of capitalism in the Persian Gulf has lost a lot of its luster since the global financial crisis in 2008. But is it too soon to declare Dubai dead? [more inside]
Alibaba regularly ranks as one of the top destination web sites in the world, currently higher than Wikipedia or CNN, it is a mind boggling Bazaar of bulk items available for import and export, mainly from China. A popular site rarely heard about, it is for those who buy by the shipping container or become lost in the bewildering variety and possibilities of generic bulk commodities.
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...