GeorgeSun’s Weblog

I recently read an article in FT titled Chinese dragon roars over Indian industry saying that the increasing amount of Sino-Indian trade is heavily tilted in China’s favour, with the deficit more than doubling to $9.17bn in the past fiscal year and the growing trade imbalance between the two countries in favour of Beijing has proved to be one of the most contentious issues.According to Financial Times China looks like having the upper hand at least for the next few years. “Let the dragon and the elephant dance together and not be separated by a ‘Chinese wall’,”wrote Amit Mitra, secretary-general of the Federation of Indian Chambers of Commerce & Industry, in The Times of India, in a call for a more level playing field on trade. (more…)

The world’s most populous nation, the world’s biggest consumer of raw materials, and now the world’s biggest emitter of carbon dioxide, China strides irresistibly towards its economic and political destiny. But as Beijing prepares for its Olympic extravaganza this summer, the cultural life of the 1.3 billion people who live and work in this economic superpower remains a closed book to many in the west – their bestselling authors unfamiliar, their most exciting writers untranslated.  (more…)

BEIJING (Reuters) – “The United States stressed on Thursday that it opposes Taiwan plans to hold a referendum on U.N. membership, while China urged Washington to help oppose the vote that it calls a dangerous provocation.” 2008 is not a tough year to China but that is not to say everything in this year will be blithe. China remains jittery, especially with Beijing’s Olympic Games in August drawing additional attention to its actions.

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Although officials said low water levels in the Yangtze were not linked to construction of the massive Three Gorges Dam, the increasing number of evidences imply that the destruction and pollution of ecosystem and environment are no longer a moot point. Accoeding to BBC(Jan 17, 2008), China is facing its worst drought in a decade, with water in parts of the Yangtze River at the lowest level in 142 years, state media has reported. Millions of people were short of water, and dozens of ships had run aground in the river since October, reports said.   (more…)

With the deliberate fatal shooting of a Japanese journalist while covering the pro-democracy demonstrations,the big event in Burma just began to show some of its effective influences on neighbouring countries. According to a report in Guardian Unlimited, Japan, for example,one of the biggest donors to Burma,is fiercely outraged and planning to suspend its economic aid to the poorest country in Asia.Usually,those sorts of international sanction will undoubtedly do execution.But in this case,the dictatorial government there may not get too scared to proceed its military crackdown against any opponents.The reason,for the most part,probably lies in its fantasy of some powerful political support derive from its another big donor and ally,the People’s Republic of China

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