china
The Catskills, in upstate New York, are known for their natural beauty and quaint lifestyle. But they could become a lot flashier, thanks to one businesswoman's proposal for the area: a multibillion-dollar "China City of America," complete with an amusement park, mansions, a casino, retail centers, a college, and more. Creator Sherry Li says the plan would attract domestic and foreign tourists, residents, and investors. Back in May, she introduced her concept to Thompson, a town of 15,000 people 90 miles north of New York City.
In his 2009 book, “The Next 100 Years,” George Friedman, the founder of Stratfor, wrote that by the end of the century Mexico will be the main power challenging the U.S. With $500 billion in trade with the U.S. (up from $75 billion two decades ago), with Mexicans spending twice as much on U.S. products as the Chinese, with over 33 million U.S. residents of Mexican origin, with the most frequently crossed international border in the world, it would be irresponsible to wait until the end of the century to pay attention to Mexico.
While China, North Korea, Vietnam, Laos, and Cuba officially claim to be communist states, the country that adheres most strictly to communist principles, according to Oxford University scholar Robert Service, is North Korea. He should know, he wrote the book on it — Comrades! A History of World Communism. Today, he says, Karl Marx would hardly recognize his manifesto. "In it's original form, it's long been dead," said Service.
People around the world see China as "confident", "belligerent" and "arrogant", state-run media says, in an unusually direct survey of attitudes towards the country. Only 13 per cent of respondents in the poll by the Global Times newspaper described China as "peaceful", a sign that Beijing's territorial spats with its Asian neighbours have taken a toll on its image.
There is a submerged rock in the Yellow Sea that seafaring Korean families once believed to be the home of the spirits of dead fishermen. The rock’s name in English is Socotra Rock; in Korea, it’s referred to as Ieodo, and in China the Suyan Rock. Whatever the language, it’s at the center of a new global hot zone that is threatening to destabilize relations in East Asia.
Asia’s emerging markets remain on edge over the U.S. Federal Reserve’s actions, damaging investor confidence from India to Indonesia. However, a new survey by the World Bank suggests that foreign direct investment (FDI) flows won’t be drying up anytime soon. In its World Investment and Political Risk 2013 report released Thursday, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) said macroeconomic instability and political risk ranked “neck and neck” as the top concerns for investors over the short and medium terms.
On the sad occasion of Nelson Mandela’s death, it’s worth recalling his words on languages: “If you talk to a man in a language he understands, that goes to his head. If you talk to him in his own language, that goes to his heart.” I read that quote on a poster on the wall at the Beijing Language and Cultural University on a smoggy morning this September – BLCU is one of the British Council’s longest standing and biggest partners in China.