For decades to come, no Chinese aircraft carrier will win any battles against the US or any other major naval power. But the sea trials this month of a converted Soviet-era carrier sends a message about how China sees its role in the Asian Century, according to High White in a commentary on the website of The Sydney Morning Herald on August 30, 2011.
Many are pinning their hopes on the emerging and developing economies, but their growth will most likely remain episodic and too weak to propel the world economy, says Dani Rodrik in an op-ed piece in The Financial Times on August 23.
The United States has gradually become a food-stamp nation as high costs and lower wages make the lives of average citizens more challenging. There are now almost 46 million people in the US living on food stamps, roughly 15 percent of the population.
With divorce rates soaring, and widespread concerns about a new culture of hyper-materialism, China is now trying to stop women marrying for money, says an article on the website of The Telegraph on August 21.
Nowadays more Asian women are rejecting marriage and pursuing a single life, which will create serious social problems, according to an article in The Economist on August 20, 2011.
While July's rebound in China's trade surplus to $31 billion is likely to spark new recriminations on whether the undervalued yuan is to blame, new research shows that China is far from the culprit, asserts a blog in the Wall Street Journal on Aug 10.
An engineer in northern Germany was sacked because his marriage to a Chinese woman was considered by his employer a security risk, according to an article on the BBC website on Aug 17, 2011.
The current crises in the US and Europe indicate that political paralysis has become a major hurdle to solving the West's economic woes, as politicians focus more on personal gains than the long-term interests of their nations, according to Michael Schuman in a blog on the website of TIME Magazine on August 3, 2011.
Joblessness, rising inequality, and a frustrated underclass are all being blamed for the violence that's sweeping Britain. But will the United States be next, asked Raymond Bonner in an article on the website of The Atlantic on August 9, 2011.
If passed, the California state bill that prohibits the sale of shark fin and helps protect the threatened fish would affect Chinese Americans disproportionately, according to the Pulitzer Prize-winning writer Jonathan Gold in an op-ed piece on the website of The Los Angles Times on August 7, 2011.
China has the wealth to come to the rescue of the financial markets, but it prefers to focus on its own problems, according to an article on The Telegraph on August 5, 2011.
The shortage of chopsticks in China has become so acute that a US company has begun exporting millions of pairs to the country, said an article on the website of The Telegraph on August 2, 2011.
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