Trend or isolated fact ? A Chinese court awarded the sport equipment maker $1.5 M as damages to be paid by three Chinese producers for having infringed his intellectural property rights. Advertisements
Three days after the US new strategy on Afghanistan and its critical view of Pakistan, China reacted in defense of its new South Asian friend. It looks again like The Great Game, on an even bigger scale, but this time Europe is not there, not in the frontline at least.
Another interesting one about Germany : the Bundesbank is repatriating its gold reserves from NY and Paris, where it has been deposited during the Cold War. They have more than 3500 tons and the most of it is now in Frankfurt, with some small parts still in NY and London, but nothing more in Paris.…… Continue reading Golden Sovereignty
Worth noting a strong piece in Der Spiegel by Anne Applebaum asking for a stronger German Army, just in case of a Russian threat or an Islamic one from the Middle East. Let’s see if there is enough political support for a “German Steel” producer reuniting Thyssen-Krupp and Salzgitter, instead of the forecasted marriage of…… Continue reading Welt-Macht as Wehr-Macht ?
The US Democrats are the minority party but that does not prevent them from going strong on trade : they proposed the creation of a new agency (American Jobs Security Council) in order to monitor “foreign investments that would harm the domestic economy”, as well as tax incentives for “reshoring” jobs, ie bringing jobs back…… Continue reading “Rapacious Chinese do not play by the rules”
In the end, after a long and bitter internal debate, and against his own guts, Donald Trump decided to send some more troops in the Afghan quagmire. As always, there are some who are happy about this decision, and as expected, even more skeptics. My guess is that Afghanistan is not about Afghanistan anymore :…… Continue reading Afghanistan, no end in view
Europe still hopes that China could be “open and inclusive”, notwithstanding its “Made in China 2025” industrial program. But in the same time, EU’s Big Three, ie Ger, Fra, Ita, want Brussels involved in blocking the foreign (ie, Chinese ) takeovers based on political and strategical reasons rather than on economic terms. Until then, making…… Continue reading Europe keeps asking for Chinese reciprocity