Right now I’m sitting in the lobby of a hotel in Xi’an, the capital of Shaanxi province in central China.
Due to my tight schedule I haven’t been posting a lot in recent weeks, but I will report in detail on my experiences here in China.
I left for Asia about one and a half weeks ago. [...]
There are many who predict that the increasing economic and political power of Asia will make the 21st century the “Asian century”. Given that several forecasts about China’s economic development see China overtaking the U.S. as the world’s largest economy in terms of GDP well before mid-century, there is a chance that Asia’s leading economies could [...]
Just recently it became public that Chinese officials refused to authorize Sichuan Tengzhong Heavy Industrial Machines of China to purchase Hummer from GM.
It is quite revealing to see how actively China is trying to become a leader in the green energy technology business. Tengzhong might have faced some difficulties and financial risks had the takeover [...]
I’m pretty sure that by mid-century, China will be a developed country with an efficient economy generating a huge share of its energy needs of renewable energy sources. That’s my prediction.
Next to China, there are two other prospective candidates: Indonesia and Brazil. These three countries are growing fast despite the aftermath of the Great Recession [...]
