Book review — China’s Great Wall of Debt by Dinny McMahon
Originally published at: http://asianreviewofbooks.com/content/chinas-great-wall-of-d ...McMahon brings China’s bubble economy to life with stories of the strange but revealing. READ MORE
Belt and Road’s future lies in California
Originally published at: http://www.asiaglobalonline.hku.hk/china-silicon-valley-cali ...Contrary to how BRI is viewed and talked about now, China’s more profitable path actually points, as illuminated by the likes of Alibaba and Tencent, eastward to California. READ MORE
China is sitting on $3 trillion in currency reserves, but is that enough?
Originally published at: https://www.forbes.com/sites/salvatorebabones/2018/05/24/chi ...China’s $3 trillion currency stockpile is the largest in the world, but as a percent of GDP it has declined from nearly 50% in 2007 to less than 30% today. With a ballooning money supply and a possible debt crisis on the horizon, that may not be enough to defend the Yuan. READ MORE
Forget cryptocurrencies — Blockchain is the ideal database structure for the internet of things
Originally published at: https://www.linkedin.com/pulse/forget-cryptocurrencies-block ...Bitcoin’s wild ride from a fringe cryptocurrency to a major asset class made “blockchain” a household word. But blockchain is about much more than Bitcoin, or even money. Blockchain is set to power the internet of things. READ MORE
Smart ‘blockchain battleships’ are right around the corner
Originally published at: http://nationalinterest.org/feature/smart-battleships-are-ri ...Blockchain database technologies will power tomorrow’s internet of things, and that could include the Navy’s onboard weapons systems. READ MORE
What Trump’s ZTE tweets tell us about China and the bigger issue of a trade war
Originally published at: https://www.forbes.com/sites/salvatorebabones/2018/05/14/wha ...Trump has repeatedly roiled the normally slow-moving world of trade negotiations with his preference for fast action and his penchant for personal diplomacy. His “about-face” on ZTE is just one more card in a complicated game of trade poker. READ MORE
Long-term stagnation in Uttar Pradesh is Modi’s biggest challenge ahead of India’s 2019 elections
Originally published at: https://www.forbes.com/sites/salvatorebabones/2018/05/13/lon ...Uttar Pradesh, home to 15% of India’s population, remains poorer than Haiti or Rwanda. Narendra Modi and the BJP will have to do more to win over its mostly rural voters if they want to stay in power past 2019. READ MORE
Why Kim and Trump both stand to win in historic U.S.-North Korea summit
Originally published at: https://www.forbes.com/sites/salvatorebabones/2018/05/10/a-n ...North Korea’s Kim Jong-un and the U.S. President Donald Trump will meet on June 12 in Singapore. Could they really put an end to 68 years of conflict and open a new era of peace on the Korean peninsula? READ MORE
- "Political correctness was the original post-truth." -- Salvatore Babones
