Word: kong
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Being an American in Asia has never been more humbling. I recently appeared on a panel at a conference in the southern Chinese city of Guangzhou with investment guru Jim Rogers and Kirby Daley, an outspoken Hong Kong - based financial strategist. Though both Americans, the two appeared to be engaged in a contest to decide who could bash their home country the hardest. Rogers called China "the next great country of the world," while comparing a debt-burdened America to the failed British Empire. Daley lambasted American economic policy as ill conceived and out of touch. Rogers warned his listeners...
...China's "state capitalism" - the notion that semi-command economics can work better than Economic Man. And what of America's liberal political ideology, which used to inspire suppressed peoples everywhere? I recently gave a talk to about 30 students from China at a journalism class at a Hong Kong university. Riots had erupted in China's Xinjiang province between the indigenous Uighurs and Han Chinese immigrants only days before. The subject quickly turned to Western press coverage of the upheaval, which tended to portray the Uighurs as a beleaguered minority deprived of opportunity. Why, the students asked, do Western...
...almost seven years later, smoking in bars and restaurants seems insane. It went from dictator Bloomberg's horrible idea to something you wouldn't think of doing anywhere, including Paris, Berlin, Hong Kong and Istanbul. Not only do I go to far more bars now, but I even bring my baby. Which is something Bloomberg should probably also make illegal...
...this process. On the day Australia raised interest rates, Britain's Independent newspaper reported that the Gulf Arab states and China, Russia, Japan and France are working to end the use of the dollar in oil trading by 2018. Citing "Gulf Arab and Chinese banking sources in Hong Kong," the newspaper said the plan is to price oil using a basket comprising gold, euro, yen, renminbi and a new unified currency for the Gulf Cooperation Council countries...
Ferguson radiates not warmth, but rather, a no-nonsense capability. He is a fan of conservative colors and sharp lines: his suit jacket is done by Sam’s Tailor in Hong Kong and his tie is silk. Ferguson never smiles in photos. The camera loves him anyway, particularly his perpetually roguish and brooding gaze; sometimes he’s grabbing his hair as if decoding a historical conundrum. He’s made appearances on the Colbert Report and presented a television series on his book, “War of the World.” Some zealous...