Global Analysis from the European Perspective. Preparing for the world of tomorrow


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China is militarizing the South China Sea, or is it?

China is by far the most powerful contestant. Neither the Philippines, nor Malaysia nor Vietnam can compare, though they, especially Hanoi, dare to put up a fight and stave off the encroachment on its sovereignty. China, true, is willing to sit down to the negotiation table, yet insists on bilateral talks; the smaller contestants prefer group talks. And they all look to the United States, if for different reasons. China is trying to expand its regional clout, the smaller countries are defending their rights. And the United States? Failure to respond to the Chinese challenge entails serious consequences such as damage to Washington’s status of the world superpower and loss of American credibility, not only in the eyes of the few South-East Asian nations concerned but also others, like Japan. The eyes of the world are thus focused on the South China Sea.

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Chinese 13th Five-Year-Plan Will Not Only Impact The Nation, But The Whole World

The coming years will be crucial for the Chinese economy and decisive for the realization of the „Chinese dream” of a prosperous society. This dream is to be achieved through the 13th Five-Year-Plan. This conglomerate of strategic goals will have a cascading effect; it will affect the global economy as well.

Many see the Five-Year-Plan (FYP) as a Stalinist holdover of China’s old command economy1; disregarding those „Guidelines” is a mistake. Investors should be fully aware of China’s five year economical cycles. China’s economic cycles are dictated by the elite of the Communist Party of China (CPC) and not by the invisible hand of the market.

China is run by the CPC whom does not see a free markets as a goal, but as a mean to improve the wealth of the citizens of China. The website of the CPC states the following ”The Communist Party of China takes Marxism-Leninism, Mao Zedong Thought, Deng Xiaoping Theory, the important thought of Three Represents and the Scientific Outlook on Development as its guide to action.”

To understand the importance of the FYP, one must understand exactly what it is. Continue reading

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Russia has announced its intention to permanently walk away from the G8 group of industrialised nations – more than two years after it was kicked out over the illegal annexation of Crimea. Moscow said it had no intention of re-joining the influential bloc – which brings together the world’s richest countries to discuss global issues from economic growth to terrorism – even if it was invited to do so. Source Independent










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On the evening of Friday, January 6 in China, the PBOC offices in Beijing and Shanghai both issued statements on the meetings, noting that the “recent bitcoin price is highly volatile” and that the bank encourages the exchanges to “operate strictly in accordance with the laws and regulations of China and to conduct self-examination based on related laws and correct any possible irregularities.” Source bitcoinmagazine




Chinese military expert Yin Zhuo told CCTV that China’s military deployment in the South China Sea is completely reasonable, in light of the powerful naval force of the U.S. in the region. He made his remarks after American media outlet Fox News quoted the U.S. intelligence community, saying that China has sent hundreds of surface-to-air missiles from the mainland to the South China Sea. Source People’s Daily


“There are flowers around the gate of China’s Ministry of Commerce, but there are also big sticks hidden inside the door — they both await Americans,” the Communist Party’s Global Times newspaper wrote. The article was published in response to Trump picking Robert Lighthizer, a former trade official in the Ronald Reagan administration who has criticized Beijing’s trade practices, as U.S. trade representative. Source Bloomberg



Just as two submarines from China visited Malaysia this week, two Russian vessels are visiting the Philippines, and this is turning heads. In addition, Russia says it wants to hold naval exercises in the South China Sea with Malaysia, China and the Philippines. Defence analysts are trying to figure out how all this will play out as a new president, Donald Trump, takes over in the United States on Jan 20. Source Free Malaysia Today






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