CNN and Chinese currency
CNN’s story confirms my previous post regarding Chinese currency appreciation and US inflation:
mine:
So, if you republicans really want to have a draw in this election, then better calm the foreign policy hawks.
Mainland drops another sweet before Taiwan Presidential Election
Mainland China authorized sand and gravel export to arrive Taiwan via Okinawa, Japan. This is the second reconciliatory action offered by Mainland China to Taiwan. The last one is about 1 week ago, letting Taiwan banks to operate in China. Why is Mainland China offering so many goodies at this time?
Is Mainland trying to nullify all the negative rhetorics against Mainland (and thus unification) several days before the election? Mainland could also be thinking DPP may be able to produce anther dramatic episode to win. Mainland may want to set the stage for the next President, whoever maybe. One would also be tempted to correlate to Mainland’s on-going People’s Congress as well. Or, is this an act to balance to negative press in Taiwan regarding Tibet?
This is a planned announcement. So, any current event on the Mainland side is unrelated. The first scenario is quite likely. For it to be an effective tool to set a stage for the next president, this announcement needs to be made after president election, or even after inauguration. If the first scenario is correct, there maybe more announcement in the future few days, although there is too little time between now and president election (this Saturday).
These specific announcements must have been studied to minimize the possible distortion by DPP supporters against KMT candidate. So, they were not meant to have a great general appeal, but targeted industries. However, this announcement is being over crowded by news related to Tibet. Unfortunately, this announcement’s effectiveness is drowned out.
Again, it takes two to tango. President Chen also took the bait. So, at least DPP took it as a positive for their candidate. So, these moves are very intriguing moves by Mainland. Time will tell the true intent.
About
Roy Ho has no political affiliation to any political party.
Roy Ho’s blog archives his radio appearances, newspaper clipping and thoughts. Roy Ho was the chief editor of the 2006 fiscal policy of Green Party of Canada’s election platform. He was also a member of the Executive Council of Green Party of Ontario (fundraising), Ontario Media for the first Leadership Campaign of Elizabeth May, a board member of Urban Alliance and Chinese Canadian Civic Alliance, among other non-profits.
Roy Ho is married to the most successful professional fundraiser for Canadian non-profits focusing on international development. He has a lovely son Ishan, a sanskrit name for the most benevolent and generous body to our earth - the sun. He resides in the lower 48s.
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