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APEC - ICEBREAKER OR THE LAST CHANCE FOR PEACE? [Copy link] 中文

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Post time 2014-11-10 15:55:26 |Display all floors
It is incredible how some pundits perceive APEC to be, as an icebreaker between antagonists, like between China and Japan, between Russia and America, and between China and America.  Hauled together, there is more ice than really any one can break, so one has to be prepared for the opposite by the time the meeting ends.  This may be the last time that major world leaders can still look at each other in the eye, and speak their minds to one another.  

Much to China's credit, it is trying to let everyone have face, including Abe.

But honestly speaking, the number of issues that divide the congregation outnumbers the issues that unite it.  After the handshakes and photo-ops, the night falls.



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Post time 2014-11-10 16:24:12 |Display all floors
APEC is nothing but a junket

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Post time 2014-11-10 17:48:33 |Display all floors
dusty1 Post time: 2014-11-10 16:24
APEC is nothing but a junket


Been like that since organized control over a human community began. In the early Middle Ages called folk-laws - to the international level.
Political corruption and the use of legislated powers by government officials for illegitimate private gain is being done away with in present China.
This is something other world leaders could hardly imagine, but forced them to open uo their eyes and ears to today's China.

One only can be proud to have Leader like that.
Proud indeed.

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Post time 2014-11-11 15:56:57 |Display all floors
China is once again a leader of the world, not just in technology and wealth, but in its higher moral values, to treat government posts not as a reward for running an election, but as a duty to serve the people, in which case, being elected becomes a mere incidental.

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Post time 2014-11-11 16:16:01 |Display all floors
This post was edited by abramicus at 2014-11-11 16:18

China's "Project New Asian Century" collides with Obama's "Pivot to Asia", seen most poignantly in the two countries' attempt to gather support for their own visions of trade in the Asia-Pacific region.

Now, finally, the reason why China has been sacrificing its annual GDP growth rate, and even its year-on-year rise in foreign currency reserves, in order to support a revalued Yuan, becomes apparent.

China is transforming its currency into credit in a most ingenious manner.

When China buys from another country, it wants the other country to choose between being paid in a revalued Yuan or in an undervalued dollar.  If it chooses to be paid in Yuans, then it stands a pretty good chance to be able to buy more from China with the same Yuans that it accepts, than it would be able to buy in dollars, a year from now, because the dollar would have devalued relative to the Yuan in a year's time.  China is trying to induce its trading partners, especially those who have a positive trade balance with China, to accept payment from China preferably in Yuans than in dollars, which Yuans it can use to buy more goods and services from China a year from now, than it could with the same amount converted to dollars in payment.  This falls in line with the consumer economy that China is trying to transform itself into.  For this to work, China must be able to pay for its imports in Yuans.  For other countries to accept Yuans in payment, China must ensure that the value of the Yuan will continue to appreciate against the dollar.

The problem is that for this to work, China's manufacturing sector will be forced to shrink, as its products vecome overpriced both inside Chna priced in Yuans and outside China priced in dollars.

To achieve a consumer economy at the price of being unable to produce indigenously to supply that demand falls into the trap of the Economc Hitmen, which ensures that China will be FORCED TO IMPORT, instead of forcing others to accept the Yuan in payment, and that such inducement to accept the Yuan in lieu of the dollar will exist only when the dollar reserves of China are still sizable.  But in this model, the dollar reserves will be used up in the process of China supporting the value of the Yuan, which ensures the eventual collapse of this effort, from dollar exhaustion, causing the Chinese Yuan to have to devalue in the end, with zero dollar reserves left to support it, forcing China to borrow dollars to support the Yuan, thereby subjecting China to the servitude of indebtedness that took it so much effort to escape from in the 20th century.

Xi, tread carefully.  Economic theories are a double edged sword.  While it may portray itself as a defender of the realm, the advance guard of the people, it may end up being a traitor to the realm, and the Trojan Horse of the enemy who offered this "gift" to China.

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Post time 2014-11-12 08:21:53 |Display all floors
dusty1 Post time: 2014-11-10 12:24
APEC is nothing but a junket

and for Xi to stonewall Abe and appease cake eaters
No, I live above Sunset Plaza, it's a little house I rent and it's a little rundown but has a beautiful view, what about you?

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Post time 2014-11-12 09:33:52 |Display all floors
we all know it won't be last for long even we expected peace all the time -  

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