Issue#1 May 2006

China’s Thirst For Oil

By |2018-06-07T16:57:21-04:00May 1st, 2006|Guanxi Newsletter, The China Threat?|

Like the United States, China needs oil to fuel its economy, but with the United States now in a position of influence in Iraq, China has had to turn to countries such as Sudan and Iran to meet its needs – precisely when the Untied States has sought to isolate these nations.

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China Trade: Threat and Opportunity

By |2018-06-07T16:49:28-04:00May 1st, 2006|Guanxi Newsletter, The China Threat?|

While Western companies see China as a potential market of one billion customers, there is a downside to the China trade: the U.S. deficit grew faster in the final months of 2005 than ever before, swelling to 7 percent of national income, with the balance of payments with China a key factor. Some U.S. and U.K. leaders call angrily for trade action against China unless it opens its markets and allows another revaluation of the yuan

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