M&T News: China New Superpower with US Help

  The US is helping China become the next superpower. That is the conclusion of a US intelligence analyst, Michael Pillsbury, who wrote the recent book: “The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” Manufacturing & Technology News (subscription required) reports: Pillsbury, who spent 40 years as a China analyst…

China Now Dominates Global High Speed Rail Industry

Asia does not do free trade, they pursue national strategies.  China is first among them. We are in a global competition of national interests, but are losing because our policy leaders don’t even know the game we are in. Richard McCormack at Manufacturing & Technology News (subscription required) reports that China’s high speed rail manufacturing…

Market Watch: Opinion: What the market doom-and-gloomers fail to grasp about anemic growth

Roubini’s unconventional truth: The world has too much supply and not enough demand Moreover, there is still slack in real-estate markets where booms went bust (the United States, the United Kingdom, Spain, Ireland, Iceland, and Dubai). And bubbles in other markets (for example, China, Hong Kong, Singapore, Canada, Switzerland, France, Sweden, Norway, Australia, New Zealand)…

NYT: Buyer’s Remorse On Offshoring to China

Trade Groups Urge U.S. to Push Against Chinese Regulations HONG KONG — United States trade groups gave the Chinese government an earful last week about new policies that could hamper the ability of major technology multinationals to do business in China. [Reposted from The New York Times  |  Paul Mozur  |  February 5, 2015] Now,…

Dan DiMicco: GDP growth slows/U.S. Economy Expanded Less Than Forecast in Fourth Quarter/ 4th Qtr. GDP 2.6%/ Full Year 2.4%

The bottom line is still the same until we return our nation’s economic focus from “a something for nothing approach” back to the “Real Wealth Creation Engine of Creating/Innovating. Making, and Building Things” again we are doomed to lethargic and anemic growth! Wake Up America! [Reposted from the blog of Dan DiMicco  |  Dan DiMicco  |  February 4, 2015] Some…