Tag Archives: china

STRATEGIC INTELLIGENT INFRASTRUCTURE EXPOSED

banner james carlini - Carlini's CornerBy James Carlini

A pragmatic, visionary perspective —–

Infrastructure is critical to a nation’s success in the global marketplace today.  As the Platform for Commerce, it needs to be resilient and reliable because all businesses are built upon it.

WHAT IS HAPPENING IN ASIA?

Right now, countries in Asia are forming a new consortium called the AIIB.  AIIB stands for Asian Infrastructure Investment Bank and it is headed up by China, but it is also being funded by several European countries including Great Britain, Germany, France and Italy.  So far, the United States has taken a pass on it and we can debate if that is a good strategic move or not.

There are many Asian member countries already signed up as members.  According to Wikipedia: China, India, Thailand, Malaysia, Singapore, the Philippines, Pakistan, Bangladesh, Brunei, Cambodia, Kazakhstan, Kuwait, Laos, Myanmar, Mongolia, Nepal, Oman, Qatar, Sri Lanka, Uzbekistan, and Vietnam.  This does not include the list of European countries like Luxembourg, Spain, and others along with the “Big 4” of Europe: Great Britain, Germany, France, and Italy. Other interesting members include Saudi Arabia, Jordan, Kuwait, Oman, and Qatar.

The United States is reluctant to join because they are afraid the banking regulations will not be as high a standard as other established institutions like the IMF (International Monetary Fund) but you have to think, if all these other countries are joining in, we should at least get in the mix just to monitor what is going on.

You would think this is a good thing and we should be in on this.  We aren’t.  We need to understand the ramifications of this type of consortium and where it is really headed. We need to understand what priorities other countries have for their new infrastructure projects and look internally into ours to see if we are ahead of others, about the same, or lagging behind in launching and finishing critical infrastructure projects.

This is where you can leapfrog other countries when you build out infrastructure that they currently do not have. South Korea is a good example. They were considered a third world country 30-35 years ago.  Today, they are very competitive and part of the reason is that their infrastructure is first-class.

 SO WHAT DOES THIS MEAN?

A friend of mine who has been a long-time executive in several multi-national companies looked at it from a different angle and made this observation:

The AIIB is part of a 25 year strategy by China that culminates in the Yuan replacing the dollar as the primary global currency.  The Chinese are brilliant.

This formation of AIIB is a prelude to the IMF and Global Bank becoming second rate capital sources for developing countries.

By 2020, the US greenback will join the same level of stature as the Euro and English Pound. 

If he is correct, we should NOT be taking a wait-and-see attitude. We should be taking action. If the AIIB replaces the IMF as the primary global lender in years to come, that changes the total global landscape as to who has the key financial power.  The dollar isn’t the “go-to currency” when it comes to international projects and related trade.

We also need to invest in our infrastructure and not lay back and say,”ours is already built”.  Many new technologies and approaches are critical in every layer of the Platform for Commerce.  We cannot utilize antiquated structures and concepts if we are to compete in global markets.

This is a critical area to keep aware of.  Those who watch “Dancing with the Stars” should be more aware of this new endeavor  and be more concerned with the marriage of all these countries in a new financial fund than concerned about the next marriage of a Kardashian.

CARLINI-ISM : “In our infrastructure, we cannot depend on 19th and 20th century solutions to solve 21st century global challenges.”

Location location location james Carlini

His visionary book, LOCATION LOCATION CONNECTIVITY is available at AMAZON:

http://www.amazon.com/LOCATION-CONNECTIVITY-JAMES-CARLINI/dp/0990646041/ref=sr_1_1?s=books&ie=UTF8&qid=1427540979&sr=1-1&keywords=location+location+connectivity

and BARNES & NOBLE online:
http://www.barnesandnoble.com/w/location-location-connectivity-james-carlini/1120585793?ean=9780990646044

He will be speaking at several upcoming conferences across the country later this year including the Windy City Summit (a major conference on Treasury and Cash Management) at Chicago’s Navy Pier on May 20th-22nd.

Follow daily Carlini-isms at www.TWITTER.com/JAMESCARLINI

Copyright 2015 – James Carlini – ALL RIGHTS RESERVED

 

 

Professor Ann Lee Talks About What U.S. Can Learn from China

Ann Lee ChinaAnn Lee, Senior Fellow at Demos Talks to Us About Opportunities and What the U.S. Can Learn From China

Professor Ann Lee teaches Economics and Finance at New York University and at Peking University as well as being a Senior Fellow at the famous Demos Think Tank.

I have to commend and thank Professor Ann Lee.

I double booked our appointment confusing PST and EST. My wife told me I would do this eventually.

I had my main phone line shut down so I had to do the interview on my cell phone while a Verizon tech fixed my main line and he wanted to give me progress reports all during this interview.

I know little about China compared to Ann so I had to edit out several very stupid questions.

All in all Ann was a trooper and stuck with me even though she had an appointment with CNN right after our call.

Ann please except my apologies for I know this was one of the rougher interviews you had to do this week. Also thank you for your brilliance and insight on these matters.

We are no longer headed towards becoming a global economy. We are well entrenched in it now.As a nation, we have to learn the truth about our world and other nations and open ourselves up to possibility.

We cannot, as a country, grow out of our current situation by coddling our uneducated, lack minded fear about the other guy. Instead we must take the risk to lean into our fears and embrace all the world had to offer and teach us. – JW

Ann Lee

Adjunct Professor NYU and Peking Univ. Senior Fellow Demos

Ann Lee focuses on issues of global economics and finance, and is writing a book on U.S.-China relations.

A former investment banker and hedge fund partner, she is a frequent media commentator on economic issues. In addition to television and radio appearances on Bloomberg, ABC, CBS, CNN, and NPR, her op-eds have appeared in such publications as The Financial Times, The Wall Street Journal, Newsweek, Businessweek, Forbes, and Worth.

She has been quoted in hundreds of publications and has been an invited speaker at numerous industry and academic conferences.

Ann is also an adjunct professor of economics and finance at New York University and a former visiting professor at Peking University where she taught macroeconomics and financial derivatives.

While she was teaching at Peking University, she also acted as an economic advisor to Chinese economic officials as well as to several large Chinese asset management firms.

She was educated at U.C. Berkeley, Princeton University’s Woodrow Wilson School of International Affairs, and Harvard Business School.

She is currently a Senior Fellow at Demos, a multi-issue national organization that combines research, policy development and advocacy to influence public debate and catalyze change.

ann lee what can the us learn from chinaBook

What The U.S. Can Learn From China

While America is still reeling from the 2008 financial crisis, a high unemployment rate, and a surge in government debt, China’s economy is the second largest in the world and many predict will surpass the U.S. by 2020.

President Obama called China’s rise “a Sputnik moment”—will America seize this moment or continue to treat China as its scapegoat?

Mainstream media and the U.S.government regularly target China as a threat. Rather than viewing China’s power, influence, and contributions to the global economy in a negative light, Ann Lee asks:

  • What can America learn from its competition?
  • Why did China suffer so little from the global economic meltdown?
  • What accounts for China’s extraordinary growth, despite one of the highest corporate tax rates in the world?
  • How does the Chinese political system avoid partisan rancor but achieve genuine public accountability?

From education to governance to foreign aid, Lee details the policies and practices that have made China a global power and then isolates the ways the U.S. can use China’s enduring principles to foster much-needed change at home.

This is no whitewash. Lee is fully aware of China’s shortcomings, particularly in the area of human rights, She has relatives who suffered during the Cultural Revolution. But by overemphasizing our differences with China, the U.S.stands to miss a vital opportunity.

Filled with sharp insights and thorough research, What the U.S. Can Learn from China is Lee’s rallying cry for a new approach at a time when learning from one another is the key to surviving and thriving.

Key points about the book:

  • Lays out what America can gain by studying China’s approach to politics, economics, finance, education, foreign policy and more
  • Author Ann Lee, a self-proclaimed “tiger mother for the U.S.economy,” has experience on both sides of the Pacific—she has taught in China and worked on Wall Street
  • Counters the trend of demonizing China by offering a rare nuanced view of how Chinese society actually works

Demos

Think Tank

A multi-issue national organization, Demos combines research, policy development and advocacy to influence public debate and catalyze change. Founded in 2000 and headquartered in New York City, Demos works with advocates and policymakers around the country in pursuit of three overarching goals:

  • A more equitable economy with opportunity for all;
  • A robust democracy in which all Americans are empowered to participate;
  • A strong public sector that can provide for our common interests and shared needs.

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NOTE: In the interview I mention SME’s and TVE’s. For clarity I have here the meaning of the acronyms.

SME Small to Medium Sized Enterprise
TVE Township and Village Enterprise

Contact Ann Lee:
Website / Blog
10 Lessons the U.S. Can Learn form China (Huffington Post)
DEMOS.org

Twitter: @AnnLeesays
Facebook AnnLeeSays
Linkedin: Ann Lee