China’s Role in a Possible Restart of the Korean War

Published on Author peaseley

North Korea’s increasing aggressiveness is one of the biggest news stories in America today. The country’s leader, Kim Jong Eun, has openly stated that the United States is weak and he could easily destroy many of our naval bases in the Pacific. While these threats are taken with more than a grain of salt they have still caused… Continue reading China’s Role in a Possible Restart of the Korean War

Obama on China’s Cyber Theft

Published on Author peaseley

In 2013 United States remains the world’s economic superpower, and China’s rapidly growing economy sits in second.  While China’s nominal GDP is still only about half of the United States’, its rapid growth sparks competition between the two nations for future economic dominance. Both countries have comparative advantages in different categories . Both labor and capital are key components to a country’s macro… Continue reading Obama on China’s Cyber Theft

China in 2030

Published on Author peaseley

A recent study done by the Federal Reserve highlights factors that could dramatically slow the growth of the Chinese economy in the future. China’s economy has grown by around 10 percent over the past decade, propelling the country into a global super power. However many experts predict that by 2030 growth will be closer to… Continue reading China in 2030

China is investing heavily in clean nuclear power from thorium

Published on Author peaseley

With all of the posts about pollution in  China this news story offers a glimmer of hope. China’s National Academy of Sciences has been given an initial budget of  350 million dollars and has already hired 140 PhD scientists in hopes of developing clean nuclear energy. Since the recent nuclear disaster in  Japan, nuclear power has fallen in the wayside… Continue reading China is investing heavily in clean nuclear power from thorium

U.S. China trade deficit significantly lower under new system of analysis

Published on Author peaseley

The Organization for Economic Cooperation and Development and the World Trade Organization have created a new possibly more accurate system for analyzing trade between countries. The traditional method measures only imports and exports and is much simpler. However, the old model is considered; by many experts as too simple for an increasingly complex worldwide economy. The… Continue reading U.S. China trade deficit significantly lower under new system of analysis