Henry Paulson’s Book: “Dealing with China”

Henry Paulson, Jr. has a new book titled “Dealing with China”. Is this a practical treatise on working with China? Seventeen of the book’s twenty chapters are detailed descriptions of Mr. Paulson’s own personal history while working with Goldman Sachs, as US Treasury Secretary and with the Paulson Institute. It is an interesting personal story. However, the autobiographical review is not truly helpful for dealings with China. A Wall Street... Read More

An Avoidable Manufacturing Failure?

Google announced in May that it has decided to close its Motorola Moto X smartphone plant. The Texas plant has been in operation for one year. Its smartphones will be manufactured in China and Brazil. One goal for this plant was to “…challenge conventional wisdom that manufacturing in the U.S. is too expensive.” But unit quarterly sales were so low that economies of scale could not be realized. Keeping manufacturing operations in this country... Read More

Is China Facing a Growth and Debt Crisis?

“Will China Shake the World Again?” is a recent article written by Robert Preston. Preston is the Business Editor for the BBC. The piece discusses China’s ability to sustain its growth, manage its heavy debt positions and avoid a disaster equal to or greater than the 2007-2008 financial crisis. Preston believes China has an “unbalanced economy whose recent sources of growth are not sustainable.” In 2007-2008 “…the Chinese government... Read More

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