Donald Trump is mad at Sweden for insisting on holding a fair trial for an American citizen accused of assault. He’s mad at France for instituting a new tax that would affect American companies. And he’s mad at China all over again because they continue to insist on being classified as a “developing country” in the World Trade Organization. That last one should be easy to sort out, no? Let’s just pop over to the WTO site and find out what the definition of developing is: There are no WTO definitions of “developed” and “developing” countries. Members announce for themselves whether they are “developed” or “developing” countries. Huh. That makes things tricky. In fact, not only does the WTO not define the term, they don’t even provide a list of developed and developing countries. I guess they don’t need the grief. In any case, the US has been griping about this for a while, and not without cause. … [Read more...] about Is China Still a Developing Country?
China developed or developing
close Video Pompeo says Iran is trying to disrupt flow of oil, escalate tension Eurasia Group Foundations Mark Hannah weighs in on the tensions between the U.S. and Iran. Chinese President Xi Jinping on Friday met with Iranian President Hassan Rouhani at a summit in Kyrgyzstan and reaffirmed Beijing’s willingness to develop ties with the country even as the U.S. placed the blame squarely on Tehran for the attack on two oil tankers near the Strait of Hormuz. Xi met with Rouhani privately at the Shanghai Cooperation Organization summit in Bishkek, Reuters reported. The Chinese leader promised to develop the relationship no matter how the situation changes. He recently told TASS news agency that Washington is putting “extreme pressure” on Iran and the “situation is worrying.” President Trump has taken a tough stance on both China and Iran in recent months. The U.S. is locked in a duel with Beijing on trade, with both countries … [Read more...] about China vows to develop ties with Iran after attack on tankers
Iain Boyd is a professor of aerospace engineering at the University of Michigan. Russia and China have recently touted their progress in developing hypersonic vehicles, which fly much faster than the speed of sound, which is 767 mph. Hypersonic missiles are rocket-boosted to high altitude and may be launched from land, sea or air. They fly far faster than any other weapons – more than 3,000 mph and potentially up to 10,000 mph – which makes them difficult to identify, avoid or shoot down. After leading the development of this technology area for decades, the U.S. finds itself behind and investing heavily in the technology to try to keep up. I am a professor of aerospace engineering at the University of Michigan, and one of my primary research areas is in the development of computational models to help design hypersonic vehicles. The research is funded by the government and private industry. I have led studies on hypersonics for the government. Over the past 60 years, … [Read more...] about U.S., Russia, China race to develop hypersonic weapons
Screaming fans surged toward actor Shah Rukh Khan as he stepped out from the arrivals gate at Beijing Capital International Airport.One fan who had traveled from faraway Xinjiang placed a dark embroidered hat common to China’s Uighur ethnic minority on his head, as others embraced and kissed him. Another fan gave him a dutar, a traditional Central Asian lute that she’d flown all the way from the region.“Sha Sha!” they cried, using his Chinese nickname.The Bollywood superstar had arrived in Beijing for the city’s international film festival, which ran April 13-20. His latest film, “Zero,” closed the festival, and he spoke at a panel on Indian and Chinese producers making movies together. Indian films have recently risen in popularity in China, and apolitical productions focused on romance or social themes that China and India share especially may have found a profitable niche. In 2017, “Dangal,” a film about a father who overcomes … [Read more...] about Indian films see rise in popularity in China: Romance or family themes help
close Video What can the US do to counter China's economic threat? President Trump weighing higher tariffs on Chinese goods. Even the most casual visitor to China cannot help but see a nation leaping into the future. Thousands of new buildings, roads and bridges; dozens of new airports; and several maglev high-speed trains – all of it reflects strategic infrastructure investment. A few years ago, the nation produced copycat technology products, but now it’s producing unique, innovative products that its urban population purchases via smartphones. The Communist Party governing structure means that strategic decision-making can be followed by quick execution. The 26.4-mile Qingdao Haiwan Bridge – the longest in the world – was built in just four years. President Xi has further strengthened the national government by consolidating power, reducing corruption and investing strategically in education, infrastructure and relationships with … [Read more...] about China will surpass US to be world’s largest economy — it’s time for us to shift gears