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The Great China Hype Thread
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Titus



Joined: 19 May 2012

PostPosted: Sun May 25, 2014 6:46 pm    Post subject: Reply with quote

This is big:

http://www.forbes.com/sites/gordonchang/2014/05/25/china-cuts-off-mckinsey-other-u-s-consultants-to-retaliate-against-cyber-indictments/
Quote:
Today, the Financial Times, citing “people close to senior Chinese leaders,” reported that Beijing has ordered state enterprises to cut dealings with U.S. consulting firms, accusing them of spying for Washington. The “instruction,” as the paper called it, was handed down after U.S. Attorney General Eric Holder announced indictments against five Chinese military officers for “serious cybersecurity breaches.”

xx

Many say that none of these initiatives is a real threat. The anti-consulting services measure, which Beijing will implement despite its trade obligations, means that state enterprises will be cut off from McKinsey, Boston Consulting Group, Bain, and other first-rank consulting firms. It could take decades for the Chinese government to build a domestic consulting industry, and in the interim state enterprises will probably fall even further behind. In the meantime, American consulting firms can concentrate on other clients, private Chinese firms and multinationals.


The power of these consulting firms is not usually known by the general population. They firms have been a major source of American power in foreign nations.
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rollo



Joined: 10 May 2006
Location: China

PostPosted: Tue May 27, 2014 3:48 am    Post subject: Reply with quote

Oh! simmer down, a tempest in a teacup. The heads of the consulting firms will still be playing golf with senior PC leaders. So much money involved. Lovers spat.
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Titus



Joined: 19 May 2012

PostPosted: Mon Jul 21, 2014 5:08 pm    Post subject: Reply with quote

http://www.ft.com/intl/cms/s/0/7407f83c-0cd0-11e4-bf1e-00144feabdc0.html#axzz389egpWuv

Quote:
Britain must stand up for Hong Kong
The UK cannot ignore China’s threat to democratic rights

xxxxx

Britain should remind China of the commitment in Hong Kong’s Basic Law that the territory’s judges remain independent. The UK should spell out to China that it is in Beijing’s own economic interest for Hong Kong to remain a thriving global financial centre, something that can only be sustained by political stability and the rule of law.

Mr Cameron should recall that, in its dealings with world leaders, Beijing respects strength not weakness. Intervention on this issue might temporarily threaten some British commercial interests in China. However, the freedom of the people of Hong Kong is a matter on which the British government under Margaret Thatcher has made a firm treaty commitment.


http://www.nytimes.com/2014/07/15/opinion/who-will-stand-up-for-hong-kong.html

Quote:
Who Will Stand Up for Hong Kong?

xxxxxx

A special onus falls on Britain, whose flag some Hong Kongers waved during the July 1 demonstrations. One can only wonder if Prime Minister David Cameron, who recently signed a group of major trade deals with China during Prime Minister Li Keqiang’s visit to London, will ever weigh in to uphold his country’s commitment to Hong Kong’s people. He should consider the words of his predecessor, John Major, who sought to assure a wary world before Hong Kong was handed over to the Chinese.


People in Hong Kong ought to be weary. Whenever the London/NYT media starts demanding that some group is 'stood up for' a world of hell usually follows.
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