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Re: Forum gossip thread by DKG

China'BOXED

Started by Securious, October 07, 2012, 05:25:53 PM

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Securious

[size=200]"Grow Up Little Comrades" Gates To China[/size]



http://ricks.foreignpolicy.com/posts/2012/07/25/gates_to_china_grow_up_little_comrades">http://ricks.foreignpolicy.com/posts/20 ... e_comrades">http://ricks.foreignpolicy.com/posts/2012/07/25/gates_to_china_grow_up_little_comrades

Gary Oak

For a deeper understanding how the trickery in China's manufacturing works read the fascinating book  Poorly Made In China  by  Paul Midler   you can look it up on google. He has two masters degrees, one in business and one in Asian studies and he has been working in the areas of China for many years that I was in for many years.

Gary Oak

#212
I believe that Hu Jintao was a good president. This article gives an idea of how China is run. Obviously this writer knows what he is talking about. Big things are happening at this moment. The economy is in serious trouble .Hu Jintao just has to hold on to power until November 18 and then these problems will be Xi Jinping. Will there be war ? People in China believe that those countries disputing their taking islands from them are actually these nations trying to steal Chinas resources. World war 3 isn't not going to be some Iraq skirmish. Canadians in the first decade of the 1900's were quite content and had no idea that the horrors of WW1 was about to abruptly change their world.





http://www.telegraph.co.uk/news/worldnews/asia/china/9627671/China-announces-major-reshuffle-of-Peoples-Liberation-Army.html">http://www.telegraph.co.uk/news/worldne ... -Army.html">http://www.telegraph.co.uk/news/worldnews/asia/china/9627671/China-announces-major-reshuffle-of-Peoples-Liberation-Army.html

cc

Taking down Saddam did end up helping China, yes. Iran was also a huge winner in the Iraq fiasco, and in so many ways. Instead of a major Sunni enemy as Iraq had been  previously, Iran was handed a Shi'a controlled chattel on a platter.
I really tried to warn y\'all in 49  .. G. Orwell

cc

#214
Yes. Saddam was the best thing the West had. A buffer / mortal enemy  between Iran and elsewhere. I cannot understand the stupidity of it all. Shi'a outnumber Sunni 3 / 1 in Iraq. Obviously "democracy" {deep sigh} would mean a Shi'a govt., with some wonky Shi'a religious control = chattel of stronger Shi'a govt., with some wonky Shi'a religious control Iran.



How they could not predict that would happen is beyond my comprehension. "The obvious" usually happens, lol.
I really tried to warn y\'all in 49  .. G. Orwell

Securious

beaks and feet covered in bacteria and mildew[/b], while hoods have been trimmed with dog and cat fur. Canada Goose uses coyote fur, and goose and duck down obtained as a byproduct of the poultry industry.



Millions



Estimated dollar value of counterfeit Canada Goose goods circulating in any given year. Each day, the firm's marketing chief receives at least two requests-for-approval from European customs agencies to destroy seized fake products.



3000%



Canada Goose's growth since 2002

Securious

Stop The Mad Rush Of Coal Mining Workers At The Border[/b]

http://www.cknw.com/news/vancouver/story.aspx/story.aspx?ID=1796373">http://www.cknw.com/news/vancouver/stor ... ID=1796373">http://www.cknw.com/news/vancouver/story.aspx/story.aspx?ID=1796373

Securious

[size=200]NEXEN Profits Down Again[/size]





Nexen profit drops in third quarter

The Canadian Press


Oct. 25, 2012





CALGARY—Nexen Inc. of Calgary, which is the target of China's largest foreign takeover bid, has posted lower profits for the third quarter.



The company said Thursday its net income fell to $59 million, or 11 cents per share in the third quarter from $109 million, or 20 cents per share in the second quarter.



In the third quarter of 2011, Nexen (TSX: NXY) had a net income of $200 million, or 38 cents per share.



The company attributed the fall in profits to lower cash flow and the impact of several non-recurring items.



At the same time, net debt dropped to $2.36 billion in the third quarter of 2012. It stood at $3.13 billion in the second quarter and $3.4 billion in the third quarter of 2011.



The oil and gas producer has agreed to be taken over by state-owned China National Offshore Oil Co. for $15.1 billion.



The federal government is in the process of studying whether the deal represents a "net benefit" to Canada.



The review process is expected to last until mid-November, after which it may be extended by further 30-day increments with the buyer's consent.



The prospect of a Chinese state-run enterprise taking control of a Canadian energy company has stoked much political furor.



The NDP has raised a litany of national security, environmental and human rights concerns with the CNOOC deal.



Opposition natural resources critic Peter Julian also calls the federal review process to secretive and says it doesn't set up clear enough guidelines on what constitutes a net benefit to Canada.



"There is a deplorable process in place. It's a mess," he said recently.



"It's difficult for Canadians to determine whether it's in the best interest of the country because they haven't put forward that clear definition of net benefit and a process that allows for public consultations."



Canada's spy agency raised a red flag on foreign investment by state-owned firms in its annual report earlier this year.



Though CSIS didn't name specific countries or companies it said certain state-owned enterprises have pursued what it called opaque agendas or received clandestine intelligence support for their pursuits in Canada.



Prime Minister Stephen Harper has said the Nexen-CNOOC deal "raises a range of difficult policy questions."



At a news conference in Senegal earlier this month, he said there's a national security angle that factors into Canada's relationship with China.



CNOOC and Nexen weren't strangers when the deal was announced.



Last year, CNOOC scooped up Opti Canada, Nexen's beleaguered minority partner in its troubled Long Lake oilsands project. The two firms also worked together in the Gulf of Mexico.



While Nexen's headquarters are in Calgary, its strategic importance to Canada is questionable. Only about 30 per cent of its forecasted daily production in 2012 is from its Canadian operations, with the vast majority coming from offshore platforms in the North Sea and elsewhere around the globe.



Both Nexen and CNOOC have sought to allay concerns about the deal.



CNOOC is to keep the Nexen name and expand the role of the company's Calgary headquarters to manage not just Nexen's operations, but also some $8 billion of the Chinese company's other assets in North and Central America.

Securious

[size=150]Albertan's Wary Of China Investment[/size]

http://www.ctvnews.ca/canada/redford-skeptical-of-poll-showing-albertans-wary-of-china-investment-1.1009877">http://www.ctvnews.ca/canada/redford-sk ... -1.1009877">http://www.ctvnews.ca/canada/redford-skeptical-of-poll-showing-albertans-wary-of-china-investment-1.1009877

Securious


Gary Oak

The article at the top of the page is very interesting in that the Chinese so desperately want to buy this losing big money company. Well how are the Chinese going to make this company work then ? Are they better oilmen than Nexen ? Now if you go to any casino in Vancouver you will notice these very high stakes gambling games that are full of Chinese guys. Don't these guys have jobs that they have to go to in the morning ? I have heard that these games you need 50,000$ dollars just to enter. That's alot of money for these guys who don't have a job isn't it. I believe that China has alot of dirty money to throw in there. Now this is all fine and dandy. OUr real extate market has been taking advantage of this for a long time already. It's money into our economy. However it's our land that we are letting them take and our resources. They see us as their enemy . They don't see us as their friend. There is scheming going on and as the author of The Tartan Dragon said " whenever you do business with the Chinese you get a bloody nose" This also is the experience of those who have done extensive business in China. My instincts say that this is a very risky move. They need our oil, they will buy it without even if we don't let them take it over.

Securious

Quote from: "Securious"





Securious

Quote from: "Shen Li"
Quote from: "Securious"
Yep, I read that yesterday.


I think Albertan's are a bellwether for the rest of us Canadians on this one Shen

Securious


Securious

[size=200]Third US Aircraft Carrier Stennis" Arrives In The Gulf[/size]

http://www.zerohedge.com/news/us-aircraft-carrier-stennis-now-en-route-join-enterprise-and-eisenhower-just-iranian-coast">http://www.zerohedge.com/news/us-aircra ... nian-coast">http://www.zerohedge.com/news/us-aircraft-carrier-stennis-now-en-route-join-enterprise-and-eisenhower-just-iranian-coast