Word: china
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Dates: during 2000-2009
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...Silver. Hmmm. Hardly has that thought sunk in before I'm back to watching Jim prance across the stage, dipping into geopolitics - "whenever in history an established power is being surpassed by a rising power, they clash," he said, referring to a potential U.S.-China faceoff - and giving the audience a peek at what may be his only anxiety, water. Or rather, China's inadequate supply of it. "If they run out of water, all bets are off - it's the one thing you can't do without," he says. Boy, this guy is smart...
...conference in the southern Chinese city of Guangzhou with investment guru Jim Rogers and Kirby Daley, an outspoken Hong Kong - based financial strategist. Though both Americans, the two appeared to be engaged in a contest to decide who could bash their home country the hardest. Rogers called China "the next great country of the world," while comparing a debt-burdened America to the failed British Empire. Daley lambasted American economic policy as ill conceived and out of touch. Rogers warned his listeners against a declining U.S. dollar; Daley said the U.S. consumer, who has been the world's most important...
...many of the conversations I have daily is that Americans are a people whose time has come and gone. Asian policymakers tell me of the need to diversify their economies away from the U.S.; corporate leaders talk of building new businesses in other emerging markets; economists predict how China and India will make gains at the expense of the U.S. (See "Best Photos of the Year, 2008: The American Economy: Down...
...That fact has apparently been forgotten. The very concepts behind the American economy are now frowned upon as the sources of the global recession. Instead we hear praise of China's "state capitalism" - the notion that semi-command economics can work better than Economic Man. And what of America's liberal political ideology, which used to inspire suppressed peoples everywhere? I recently gave a talk to about 30 students from China at a journalism class at a Hong Kong university. Riots had erupted in China's Xinjiang province between the indigenous Uighurs and Han Chinese immigrants only days before...
...There is no doubt that China is the world's next superpower, but we sometimes forget that this is a nation that can't make safe milk, and where activists vanish from their homes. Look at how China exerts its new global influence - by backing some of the world's most odious regimes, in North Korea, Sudan and Burma. Most pundits mistakenly praise the Chinese system as blindly as they criticize the American one. Many economists ignore China's immense problems that could undermine Chinese growth in the future...