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Posts Tagged ‘China’
28th May 2011
It recently came to this blogger’s attention that there appears to be some further international competition occurring within discussions in the context of the recently vacated IMF Managing Directorship. To quote directly from a very insightful article appearing on the website rediff.com:
The scramble for International Monetary Fund managing director’s chair has escalated into a war of sorts with developing nations calling for a change in the power equation. Most of the developing nations seek an end to European dominance over the IMF’s top job. Prime Minister Manmohan Singh on Wednesday said the developing countries should be together in the attempt to reform the global financial institutions.
The administration of this web log strongly encourages readers to click upon the hyperlinks noted above to read this story in full in order to gain further insight into the developing nature of this situation.
It is interesting to note that this posting brings up the apparently increasing international intrigue which seems to exist as the jockeying for the position of IMF Managing Director appears to continue unabated. The aforementioned post was recently vacated upon the arrest of former Managing Director Dominique Strauss-Kahn in New York City. Mr. Kahn has yet to be proven guilty of a crime to the best of this blogger’s knowledge and therefore remains innocent until proven guilty pursuant to United States law. Relevant to that news the Secretary-General of the Association of Southeast Asian Nations (ASEAN) raised the issue of broader international representation within the IMF in favor of developing nations with specific emphasis upon an Asian context. This announcement occurred virtually simultaneously (in a relative context) with a joint statement from the so-called BRICS nations. To quote further from Rediff.com:
Although some European nations have declared their support for French Finance Minister Christine Lagarde, the BRICS nations — Brazil, Russia, India, China and South Africa — have issued a joint statement in Washington questioning the methodology of selection of IMF chief on the basis of nationality.
Although the BRICS have something relevant to say on that issue, certainly as relevant as the opinions held by the member nations of ASEAN, it is interesting to note that there appears to be some speculation regarding the efforts of China to secure some sort of position for a Chinese national within the International Monetary Fund. To quote further directly from Rediff.com
BRICS said it is time to ‘abandon the obsolete unwritten convention that requires that the head of the IMF be necessarily from Europe’. Meanwhile, unconfirmed news reports said that the European Union has offered the post of the deputy managing director of the IMF to a Chinese candidate in exchange for its support to Christine Lagarde.
Again, this blogger encourages readers to click upon the relevant hyperlinks above to learn more.
This blogger was somewhat amused upon reading the paragraph noted above as the scene is placed in perspective as the angling for positions at the IMF can be seen to have the same political dynamics that may develop when seeking positions in other official capacities, in both a national and international context, as competition for such positions can be as political as the competition in the United States of America for an office in the public service at both the federal and State levels. It would seem that under the circumstances there must be someone whom all of these various factions can agree upon, but by all appearances a consensus is far from reached. An inability to find someone to fill the void could theoretically require further discussion.
In political matters of a more national complexion for American readers it recently came to this blogger’s attention that headway might be made in the struggle for equal LGBT rights. To quote directly from a very inspirational posting by the administration of the UnitingAmericanFamilies.Net website:
Immigration Equality reports that a hearing on UAFA before the Senate Judiciary Committee has been scheduled for June 3. I just have to believe that every phone call, every letter, every blog entry has got to have contributed to this. But this is just a hearing – not a vote, and then, even if it gets voted out of committee in the Senate, the same will have to happen on the House side, and then there will have to be votes by the full House and Senate (IF there are enough votes in the Senate to stop a Republican filibuster). So don’t for a second think that our work is done! Call your two senators and your one Congressperson. Tell your story…
The administration of this blog strongly recommends that readers check out the hyperlinks noted above as well as the overall website as it has a great deal of very pertinent information regarding the Uniting American Families Act, previously introduced into the United States House of Representatives by Representative Jerrold Nadler. There is an especially intriguing article regarding the difference between passage of the Uniting American Families Act (UAFA) and the repeal or overturning of the so-called “Defense of Marriage Act” (DOMA), which this blogger finds repugnant to the Constitution on the grounds that it unnecessarily usurps the Several States’ sovereign power to license marriage within their jurisdiction, but it would appear that some feel the more modest measure of UAFA enactment would be a more effective remedy for this particular discrimination suffered by the American LGBT community, in both a bi-national and national context, at the hands of an overreaching federal government in a pique over the fact that they are not legally entitled to dictate to the several States what shall constitute a valid marriage. Six States, notwithstanding the District of Columbia, have already permitted such unions which in this blogger’s humble opinion, should be accorded Full Faith and Credit pursuant to the Full Faith and Credit Clause of the United States Constitution.
Bearing all of the above in mind, those interested in seeing the Uniting American Families Act, or any act like it; become law, are well advised to contact relevant federal representatives as any equitable relief to same sex bi-national couples currently separated by legislation such as DOMA would be better than the current legal situation in which they are now placed. Due to the currently applicable provisions of the so-called “Defense of Marriage Act” same sex bi-national married couples (even those who have a had a marriage solemnized and/or legalized by a sovereign American State) are not permitted to apply for the same United States immigration benefits as their different-sex counterparts. Passage and ultimate enactment of UAFA would at least permit same sex bi-national couples to petition and apply for substantially the same immigration benefits routinely accorded to different-sex couples.
For related information please see: Legal.
2nd May 2011
It recently came to this blogger’s attention that the Premier of China has expressed interest in expanded trade relations with the economies comprising the Association of Southeast Asian Nations (ASEAN). To quote directly from the official website of the China Post, ChinaPost.com.tw:
JAKARTA — Chinese Premier Wen Jiabao said Saturday Beijing wants to boost cooperation in trade and security with the 10-member Association of Southeast Asian Nations (ASEAN).
In a policy speech on the last day of a three-day visit to Indonesia, the current chair of ASEAN and its biggest member, Wen extolled the virtues of an ASEAN-China free trade agreement (FTA) that came into effect in January.
It should be noted that the trade between the jurisdictions comprising the Association of Southeast Asian Nations (ASEAN) and China is not negligible. As the economy of China has shown tremendous growth in recent years, so too have many of the ASEAN nations. It is interesting that as both regions grow, they seem to create a mutually beneficial feedback loop in terms of trade and business. To quote further from the aforementioned article in the China Post:
“Last year, China became ASEAN’s biggest trading partner. We launched the largest FTA among developing countries and we have set the target of US$500 billion in two-way trade by 2015,” he said.
The administration of this web log highly recommends that readers click upon the above hyperlinks to learn more on this story and the issues associated therewith. It would appear as though the current trading relationship between ASEAN and China is highly beneficial to many of the economies concerned.
Meanwhile, of possibly more pressing interest to some, it would appear as though the United States Embassy in India is taking some precautionary measures in the aftermath of the recent announcement that notorious terrorist Osama bin Laden is deceased. To quote directly from the official website of the Times of India:
NEW DELHI: Immediately after the United States informed India on Monday about the killing of al-Qaida chief Osama bin Laden by American forces in Pakistan, security was tightened around the US Embassy in New Delhi and consulates in Mumbai, Kolkata, Chennai, Hyderabad and Bangalore.
“Besides asking Delhi Police to enhance its deployment around the US embassy here, the home ministry issued advisories asking states having US consulates to strengthen the security of these places”, said a senior home ministry official.
The administration of this blog again strongly recommends that readers click upon the hyperlinks above to read the above story in detail. Frequent readers of this web log may take note of the fact that the United States maintains the American Corner Bangalore.
Clearly authorities are taking precautions in reaction to recently announced events. It is likely that further information will come to light regarding all of these subjects in the coming weeks, months, and years. Hopefully, all of these precautions will prove unnecessary, but this remains, as of yet, to be seen.
For related information please see: business in China or US Visa India.
13th April 2011
BRICS Summit and ASEAN Exchanges Website Launch
Posted by : admin
Those who have been reading this blog with any degree of regularity may have noticed that the economies, polities, and geopolitics of the world are in something of a state flux. This is not to say that this is either a positive or negative thing as such events occur from time to time. Therefore, astute followers of such events must be careful about making rigid predictions about how such matters will play out in the future. That being stated, it has recently come to this blogger’s attention that representatives from the so-called BRICS countries (an acronym denoting Brazil, Russia, India, China, and, now apparently, South Africa) are having a summit. To quote directly from a concisely written article by , On Wednesday April 13, 2011, 5:37 am EDT as posted on Yahoo.com:
SANYA, China (AP) — The leaders of the world’s largest emerging economies gather this week in southern China for what could be a watershed moment in their quest for a bigger say in the global financial architecture.
Thursday’s summit comes at a crucial moment for the expanded five-member bloc known as the BRICS, which groups Brazil, Russia, India, China, and, for the first time, South Africa.
Chinese President Hu Jintao, Brazilian President Dilma Rousseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh and South African President Jacob Zuma will attend.
With the G-20 group of major economies seeking to remake parts of the global financial architecture, it’s time for the BRICS to test whether they can overcome internal differences and act as a bloc pursuing common interests.
The ramifications of this meeting could prove historic as the countries noted above, along with those that comprise the Association of Southeast Asian Nations (ASEAN), appear on track to become increasingly economically dynamic in the forthcoming years. While reading this article, this blogger was especially impressed by this writer’s insightful analysis of the characteristics of the BRICS countries. To continue quoting directly from the aforementioned article:
The five countries are loosely joined by their common status as major fast-growing economies that have been traditionally underrepresented in world economic bodies, such as the International Monetary Fund and the World Bank.
All broadly support free trade and oppose protectionism, although China in particular has been accused of erecting barriers to foreign competition. In foreign affairs, they tend toward nonintervention and oppose the use of force: Of the five, only South Africa voted in favor of the Libyan no-fly zone.
At the time of this writing, the summit noted above would appear to be geared mainly toward economic matters or matters pertaining to the economic realm, but how increasing ties among these nations could impact affairs playing out in the international political arena remains to be seen.
On a related note, Stock Exchanges in some of the Nations which compose the Association of Southeast Asian Nations (ASEAN), including Thailand, have recently announced collaborations apparently referred to as ASEAN Brand Identity, an ASEAN Exchanges website, and ASEAN Stars. In following up on that story it would appear that the ASEAN Exchanges website is now live, to quote directly from the website AsiaToday.com:
Launched today was the ASEAN Exchanges website (www.aseanexchanges.org) that will feature the ASEAN Stars and other ASEAN centric products and initiatives giving investors an integrated single-window view into the ASEAN capital market; a market that has a combined market capitalisation of approximately USD1.8 trillion and participation of more than 3,000 companies. Some of these companies are the largest and most dynamic companies in the world including leaders in finance and banking, telecommunications, commodities, automotive manufacturing and other industrial sectors.
The administration of this blog highly recommends that readers click upon the hyperlinks above to learn more details about these issues and the various exchanges within the ASEAN region as the whole Southeast Asia area is quickly becoming a vibrant economic force both on a regional and global level.
Meanwhile, it should be noted that the nation of Laos has recently brought a Lao stock exchange online while Cambodia appears poised to take the same steps soon. Even the developing Union of Myanmar (referred to by some as Burma) has signaled interest in the opening of a Myanmar stock exchange. Whether such a development comes to pass remains to be seen. What is clear is that economic relationships are becoming increasingly stratified as economically dictated by the interests of the players in each of the markets of the world. Those interested in such matters are highly encouraged to conduct their own research and come to their own informed conclusions.
For related information please see: US Company Registration or Company in Thailand.
25th March 2011
Those following this blog or the many other sources of information available on the World Wide Web may have, no doubt, noticed the impact of the recent tragedy in Japan and the unfolding events springing therefrom. The tragic plight of the Japanese people was further highlighted recently by what appears to be a trend among many nations in their refusal to allow imports of foodstuffs from Japan. To quote directly from the website NAMnewsnetwork.org:
TOKYO, March 24 (NNN-BSS) — Australia, Canada and Singapore joined a list of countries shunning Japanese food imports Thursday as radioactive steam wafted anew from a disaster-struck nuclear plant, straining nerves in Tokyo.
The grim toll of dead and missing from Japan’s monster quake and tsunami on March 11 topped 25,000, as hundreds of thousands remained huddled in evacuation shelters and fears grew in the megacity of Tokyo over water safety.
The damage to the Fukushima nuclear plant from the tectonic calamity and a series of explosions has stoked global anxiety. The United States and Hong Kong have already restricted Japanese food, and France wants the EU to do the same.
The administration of this blog highly encourage readers to click on the above hyperlinks to read further about the situation in Japan. As the situation becomes more dire in Japan it would appear that even Japan’s key allies are unable to allow importation of possibly dangerous food products. The authorities in the Kingdom of Thailand appear to be taking preventative measures regarding importation of possibly tainted food as well. To quote directly from Bloomberg.com:
Thailand will check all fruit and vegetable imports from Japan’s main island, Honshu, before allowing their sale and will randomly screen other products such as fish, Pipat Yingseri, secretary-general of the Thai Food and Drug Administration, told a media conference today. The country hadn’t found any abnormal contamination since checks started in mid-March, he said.
As Thai, Hong Kong, Chinese, American, Australian, Canadian, and Singaporean authorities place restrictions on food imports, speculation abounds as to the response from other countries in the Asia-Pacific region as well as member States of the Association of Southeast Asian Nations (ASEAN). In discussions regarding the ramifications of the Japanese Crisis it may be best to remember the human elements which are constantly present in all of these regulatory and policy calculations.
As the situation in Japan continues to have global implications it remains to be seen how the various governments and international organizations around the world will react both politically and economically. One thing is clear, the crisis in Japan has the potential to completely reshape the geopolitical situation in Asia from both an economic as well as political perspective. How this change will impact both Thailand and the ASEAN community will be of increasing interest to the administration of this web log.
For related information please see: Legal.
9th March 2011
In turns of events that may have seemed fantastical even 4 years ago, the Anglo-American socio-political, economic, and legal spheres are evolving at a rapid rate with little end in sight. This blogger recently discovered that a group in a county of the United Kingdom has arrested a judge invoking ancient rights granted pursuant to Magna Carta. To quote directly from the WirralGlobe.co.uk:
Protestors have “civilly arrested” a judge at Birkenhead county court…Made up of people from across the UK, the marchers say they are exerting their “ancient right to lawful Rebellion under Magna Carta…”The crowd, although largely peaceful, is chanting “freedom” and “arrest that judge…”
This blogger highly recommends that those so interested click upon the above links to view an in depth report on this interesting state of affairs. This blogger would also suggest clicking on this link to see what appears to be a video documenting these events happening in real time. In any event, the affairs mentioned above are notable in that it is not all the time one sees the British Citizenry engaged in such endeavors. The current propensity toward unconventional tactics and methods in the political and legal spheres is having an impact upon currency in the United States and around the world as the United States, the United Kingdom, China, and the nations comprising the Association of Southeast Asian Nations (ASEAN) are all encountering political pressure resulting from economic forces acting upon these nations. In an effort to gain leverage over an increasingly difficult economic situation the House of Representatives in the sovereign State of Utah has passed legislation which would promote gold and silver as legal tender within the jurisdiction of the State of Utah. To quote directly from the website TalkingPointsMemo.com:
The Utah House of Representatives has approved a bill that allowing gold and silver coins to be used as currency, though unlike similar bills in other states, it doesn’t force anyone to accept gold or silver as legal tender. House Bill 317 was introduced by state Rep. Brad Galvez (R) last week, and passed the House by a vote of 47-26. It will now head to the state Senate for a vote. [sic]
Clearly the political winds of change are blowing across North America, the United Kingdom, and Europe. How events will unfold as the stories above play out are anyone’s guess, but those Americans resident abroad in Asia as well as other expatriates and Citizens of nations such as China, Thailand, Indonesia, India, and the ASEAN member nations are likely watching some of these events unfold with a keen eye as modern history has shown that events occurring in one location can have reverberations of a global magnitude.
For related information please see: Integrity Legal.
7th November 2010
Although this blog rarely discusses economic issues. When economics has an impact upon legal issues or matters pertaining to United States Immigration, then discussion of economic matters may be warranted. In recent months, the United States dollar has depreciated against many of the currencies of Asia, but there has yet to be significant movement in the Chinese Yuan which does not really “float” on the market as other currencies. As a result, economic tensions have increased between the United States of America, the Peoples’ Republic of China, the Kingdom of Thailand, and other Asian nations. Meanwhile, some of the member states of the Association of South East Asian Nations (ASEAN) have seen their currencies rise significantly against the dollar. In a recent editorial posted on ThaiVisa.com, this issue was discussed in detail:
In any event, the dollar can only go south. The greenback slid to its lowest level in almost five months versus the euro. Gold, which represents a hedge against inflationary expectation, has also climbed to a record high on market anticipation that the Fed will flood the financial system with further liquidity to prop up the US economy.
This monetary easing will result in further weakening of the dollar. And as the US government continues to run a massive deficit, the Fed will be obliged to come to the rescue by purchasing the Treasuries that finance the deficit, which is not likely to come down in the foreseeable future due to economic weakness, falling tax revenue and spending obligations that have dramatically increased.
With the US weakness, a sovereign debt crisis in Europe and deflation in Japan, how will Thailand cope with the policy challenge? The first thing that comes to mind is that the baht will continue its upward trend. This is inevitable. The baht could go back to the pre-1997 crisis level of Bt25 to the dollar…
For those unaware, the United States Federal Reserve Bank recently announced that $600 billion in liquidity would be injected into the United States economy over the course of the coming months. As can be gathered from the above quotation, this “quantitative easing” policy is resulting in a depreciation of the dollar compared to Asian currencies (and other global currencies, but the focus of this post will remain on Asia, specifically Thailand). In an article written in The Nation Newspaper and distributed by ThaiVisa.com this issue was discussed in further detail:
When massive capital outflows from the US head towards Asia, much of it is unable to enter China so it floods other emerging markets, especially Asean countries, Korn [Chatikavanij, Finance Minister of the Kingdom of Thailand] said.
“We would like the two economic giants to settle their differences on the exchange-rate issue. I think they understand our predicament,” said Korn…
On the one hand, the US dollar has continued to depreciate, while on the other, China has not allowed the yuan to appreciate. Given the latest US announcement of quantitative easing aimed at stimulating the domestic US economy, several Asian currencies have significantly appreciated against the US dollar, raising concerns about the region’s export competitiveness…
The twin economic giants of China and America have yet to fully reach equilibrium in matters related to currency and trade, but an immediate issue for many Thai Nationals is the relative appreciation of the Thai Baht. There are many who feel that a strong Baht is not in their interests and depending upon circumstances they may be correct. However, the recent currency fluctuations could prove to be a benefit to those Thai nationals interested in seeking American Immigrant Investor visa benefits.
The United States EB-5 visa (Immigrant Investor category) was designed to provide a travel document and lawful permanent residence to otherwise qualified foreign nationals who wish to make a substantial investment in legally eligible investment programs the United States of America. As the Thai baht has appreciated against the United States dollar it has become relatively “cheaper’ (in Baht terms) to meet some of the investment criteria in the United States. Therefore, as the dollar becomes weaker versus the Thai Baht it becomes less expensive, from a Baht standpoint, to invest in the USA. For those wishing to immigrate to the USA, the current Baht/Dollar exchange rate is something of a windfall.
This could be a boon to the United States economy as well since investment in the United States leads to the creation of new jobs. Furthermore, lawful immigration is one of the central components that drives the American economy. As more Thai nationals invest in the United States economy, the stronger that economy becomes thereby naturally fueling a recover in the overall American economy. As the American economy continues to recover, there may be ancillary benefits that accrue to individuals and businesses in the USA and around the globe. Hopefully this scenario will play out over the coming months and help to spur a recovery in the United States economy.
For related information please see: EB-5 Visa Thailand or US Visa Thailand.
22nd July 2010
This author recently discovered that the United States Embassy in China has announced that those seeking non-immigrant visas to the United States of America may seek such travel documents at any US Consulate in China. To quote directly from the website of the American Embassy in China:
Residents of China may apply for a non-immigrant visa at any U.S. Consular Section in China, regardless of the province or city of residence. We have Consular Sections at the U.S. Embassy in Beijing and the U.S. Consulates General in Chengdu, Guangzhou, Shanghai, and Shenyang.
Although the basic application process is the same, specific times and application procedures at each visa issuing office can vary. Before applying for a visa, applicants should check each post’s web site for procedures specific to that post.
The U.S. Embassy and Consulates in China provide the following estimates of the next available non-immigrant visa interview appointment date for your reference. Please be aware appointments are scheduled continuously, and the next available appointment date can change dramatically on short notice.
All appointments must be booked through the Visa Information Call Center at 4008-872-333, which has the most current information about appointment wait times. Specific appointment procedures can be found here: http://beijing.usembassy-china.org.cn/niv_appointment.html.
The information below is a rough guide only. Please note this information was last updated on 21 Jul, 2010.
Business/ tourist visa appointments (B1, B2, and B1/B2 visa classes)
As of the date above, this post is booking… … appointments for the following date: U.S. Embassy Beijing 3-Aug U.S. Consulate General Chengdu 19-Aug U.S. Consulate General Guangzhou 17-Aug U.S. Consulate General Shanghai 23-Aug U.S. Consulate General Shenyang 31-Aug
Student (F, M, J visa classes)
As of the date above, this post is booking… … appointments for the following date: U.S. Embassy Beijing 28-Jul U.S. Consulate General Chengdu 6-Aug U.S. Consulate General Guangzhou 27-Jul U.S. Consulate General Shanghai 19-Aug U.S. Consulate General Shenyang 4-Aug Appointment wait times for particular groups such as petition-based employment applicants, group leisure tours, Amcham applicants, and public affairs passport holders may be different. Please contact the Visa Information Call Center at 4008-872-333 for more information.
If you require an earlier visa appointment for immediate travel for urgent medical treatment, to meet the start date on your I-20 or DS-2019 form, or for another emergency reason, please see our information about expedited appointments http://beijing.usembassy-china.org.cn/niv_expedite.html.
The information on how to apply can be found below:
The U.S. Consulate in Chengdu:
http://chengdu.usembassy-china.org.cn/appointment.htmlThe U.S. Consulate in Guangzhou:
http://guangzhou.usembassy-china.org.cn/niv-how-to-apply.htmlThe U.S. Consulate in Shanghai:
http://shanghai.usembassy-china.org.cn/how_to_apply.htmlThe U.S. Consulate in Shenyang:
http://shenyang.usembassy-china.org.cn/consular5.htmlThe U.S. Consulate in Hongkong:
http://hongkong.usconsulate.gov/niv_apply.html
It is interesting to note this recent policy shift as most US Diplomatic and Consular missions in other countries require the applicant to apply for their non-immigrant visa at the Consulate with jurisdiction over the place of residence of the applicant. However, these jurisdictional rules may be altered by officials of the Department of State depending upon the prevailing circumstances in the host country. That said, China is a unique country insofar as it has a large landmass as well as a massive population. As a result, special considerations probably ought to be taken into account when discussing those issues associated with optimally serving those Chinese nationals wishing to travel to the USA.
As the economic and diplomatic relationships between the USA and China become increasingly close, Immigration matters will become more important for those conducting Sino-American business or for those from China who simply wish to visit the United States for recreational purposes.
It should be noted that the above announcement would seem to only apply to those seeking non-immigrant visas such as the B2 visa or the F1 visa. Therefore, the above information does not appear, at the time of this writing, to be applicable to those seeking an Immigrant visa such as a CR1 Visa or an IR1 Visa. Furthermore, it would also seem as though those seeking visa benefits under the K visa category (K1 visa, K2 visa, K3 Visa, K4 visa, etc.) will not be able to “forum shop” for the Post of their choice for the ultimate visa interview.
For more information about US Immigration from China please see: US Visa China.
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