Political Turbulence Roils Mid-term Elections

The murder of 11 people at a Pittsburgh synagogue on October 27 was perhaps the worst case of violence ever perpetrated against the Jewish community in the United States. This incident of anti-Semitic violence followed just a few days the incident of the pipe-bombs sent in the mail to a handful of Democratic politicians and Democratic fund-raisers, including former President Barak Obama and Vice President Joseph Biden. This outbreak of unusual violence has certainly raised the political temperature in the nation as we approach a very important mid-term election. Δ People mourn as they hold a vigil for the victims of the synagogue shooting in Pittsburgh, Pennsylvania, on Oct. 27. John Altorfer/REUTERS  Democrats immediately began to blame the up-tick in the violence on President Trump’s volatile rhetoric. The President, in turn, blamed it on the strident and perennial attacks on him by the media and by the Democrats ever since he won the Presidency. In a sense, both are correct. But the growing bitterness in the political debate and the increased violence on the streets of the nations are in fact linked to a deeper malaise, the increasing polarization and disillusionment in the body politic. The election of President Trump is a prime example of this. A majority of the electorate ignored ALL of the establishment candidates, securing for Trump first, […]

Nov 2, 2018

China and Japan Promote Third-Party Market Cooperation

Japanese Prime Minister Shinzo Abe made an official visit to China from October 25-27,as China and Japan jointly announced on October 12. China and Japan have expressed their joint intention to vigorously promote cooperation in third-party markets. Why? What is the meaning and role of this cooperation? Δ President Xi Jinping meets with Japanese Prime Minister Shinzo Abe in Beijing on Oct. 26th. Li Tao / Xinhua Firstly, both China and Japan are countries with relative excess in endowment of production factors such as capital and production capacity. After the domestic economy develops to a certain stage, it is no longer able to rely on continuous large-scale domestic investment to obtain endogenous development, as is seen in periods of rapid economic growth. Motivation must rely on improving management and technology, especially through the core technologies of major industrial sectors to gain new development momentum, relying on technological innovation as a new impetus for economic development. Secondly, most of the countries involved in the Belt and Road Initiative are developing countries, and some are emerging industrial countries in the process of catching up. They are emerging from poverty, with their economies just preparing to take off or just beginning to take off. In this stage, there is an urgent need for capital and technology. In particular, it is more necessary to build […]

Oct 28, 2018