I am honored to be asked to be a contributor to a new electronic newspaper hosted in the UK and partnered with the the London College of Communication, University of the Arts London and other academic institutions. My first piece appears here: http://thebricspost.com/us-china-relations-where-to-from-here/#.UQJ54Ia3unh
Is the Chinese economy faltering? What is going on over there? I provide some insights into the rebalancing act happening in China in my latest Forbes post: http://blogs.forbes.com/annlee/
The Latin American Advisor, a magazine focused on developments in Latin America, asked for my thoughts on the future of the Asia-Latin America trade corridor. The piece that followed showcased my opinion along with two others. Take a look at what we have to say here.
Reuters has reported that a bill about to be signed by Obama will allow existing tariffs on imported goods from China to stay in place after they were threatened by a court ruling. At a time when there seems to be little bipartisan support for anything, it is surprising that this piece of legislation enjoys popularity from both sides of the aisle. Certainly, there is a broad perception in the U.S. that China does not play by the rules, that the U.S. engages in free market capitalism while China engages in mercantilism.
Unfortunately, like all disagreements, the truth is not black and white, but shades of gray. Continue reading
-This underscores the need to raise global labor standards. The economics of globalization have outpaced social and environmental protections. We have a good system for logistics but not for protecting workers. U.S. should work with ILO to uphold international labor standards everywhere around the world.
-Pushing China to raise labor standards should be a higher priority than Obama’s big to-do with counterfeit goods. Putting pressure on China to raise labor standards would be better for American workers as well.
-Organized campaigns have successfully changed corporate practices, and this could apply in this case. Americans need to organize more campaigns for more corporate responsibility, and Apple is a perfect target for such a campaign. Socially responsible consumers and shareholders need to apply pressure on U.S. corporations to do the right thing.
-The U.S. government shares the blame on this one. Continue reading