Comparing Stimulus Packages

December 12, 2010

I read an informative and fascinating post by John Ross at Key Trends in the World Economy comparing how China and the US handled the 2008 global financial crises.

Ross has an impressive resume and knows what he is talking about.

It appears that Ross was one of the few voices that predicted China would recover faster than the US. 

Most conservative Western economists kept predicting the US would recover faster than China.  As it turned out, this was a wishful fantasy.

Three years later, the results show that Ross was correct. Between 2008 to 2010, China’s GDP grew more than 30% while US results were dismal.

While Ross provides much graphic evidence to support why this happened, it is his conclusion that sums up America’s failure to compete and grow its GDP that points out possible flaws in Western economic freewheeling theories that base too much trust in the private sector with little government control.

Ross says that the strengthening of political trends in the US led by such as the ‘Tea Party’ and the consolidation of right-wing Republican control of the House of Representatives may mean the US economy will continue to be hobbled in comparison to China’s GDP growth.

Ross feels that only if the US were to turn to a program of direct state intervention to boost new investment would the US benefit, which is what happened in China.

Instead of learning from the past, stubborn US conservatives appear to be repeating the same mistakes that caused the 2008 global financial crises.

Learn more at Building Things and Going Places

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

If you want to subscribe to iLook China, there is a “Subscribe” button at the top of the screen in the menu bar.

4 Comments | America, American culture, business, capitalism, China, Chinese Culture, economy, politics | Tagged: , , , , , , | Permalink
Posted by Lloyd Lofthouse

The Qing – China’s Last Dynasty – Part 1/3

December 11, 2010

The Qing and/or Manchu Dynasty was established due to a revolution led by Li Tzu-cheng (1605-1645), who attacked Beijing in April 1644.

The Qing Dynasty survived from 1644 to 1911 AD.

After the rebels entered the city, the last Ming Dynasty emperor hung himself on a hill that is part of the Forbidden City.

Meanwhile, a Manchurian army led by Dorgan was allowed through the Great Wall, defeated the Chinese rebels, executed Li Tzu-cheng, and made Fu-lin, a Manchurian, the emperor of China, which was the beginning of the last imperial dynasty.

This was the second time in China’s history that foreigners ruled the Middle Kingdom. The first time was during the brief Mongol Yuan Dynasty (1277-1367 AD).

A CCTV 9 Travelogue History Special takes us on a tour of the Qing Dynasty.

During the Ming and Qing Dynasties, many wealthy businessmen built large estates on the fertile lands of Shanxi province not far from Beijing.

The Wang family’s estate is situated in Lingshi county. This mansion is an example of the architecture of the Qing Dynasty

This estate covers 150,000 square meters (about 180 thousand square yards).

There was even a school for the family’s children.

The host of this program says that walking into the estate’s courtyard is like walking into a museum.

Everywhere you look, there are works of art. Every stone carving, every statue means something. The art represents either family tradition or the Qing Dynasty culture or the social status of the family.

Continued in The Qing – China’s Last Dynasty – Part 2

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Lloyd Lofthouse is the award-winning author of “The Concubine Saga”, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

Leave a Comment » | China, Chinese Culture, Chinese history, Chinese minorities, Confucianism, cultural differences, history, politics | Tagged: , , , , , , , , , , , , , | Permalink
Posted by Lloyd Lofthouse

The Peace Prize – Confucius versus Nobel

December 10, 2010

Michael Martina of Reuters reported on a Chinese option to the Nobel Peace Prize — the Confucius Peace Prize.

The headline read, China stood up by winner of ‘Confucius peace prize’

The headline used for this Reuters news made mockery of what a few Chinese citizens attempted.

The lead paragraph goes, “It was meant to be China’s answer to the Nobel Peace Prize…”

At first, it sounds as if China’s Communist Party was behind this alternative to the Nobel Peace Prize.

After reading the rest of Martina’s piece, you learn that the Confucius Peace Prize had no link to China’s central government. Since news of it wasn’t reported in China’s state media, few in China probably even heard of it.

A spokesperson for the Confucius Peace Prize said, “This prize is from the people of China, who love and support peace.”

Yet, the people of China had nothing to do with it either.

However, using Confucius’s name for a peace prize makes more sense than using Alfred Bernhard Nobel’s name.

If you compare The Life of Confucius and/or watch the recent Confucius movie starring Chow Yun Fat you might understand why Confucius deserves the honor more.

After all, Nobel built his fortune on death. He was a Swedish chemist, engineer, innovator and armaments manufacturer. He invented dynamite and manufactured cannons and other weapons.

He also waited until after his death to make amends for the suffering and destruction his products  had caused.

In his last will, Nobel directed that his enormous fortune be used to institute the Nobel Prizes and made sure to name these prizes after himself so he wouldn’t be remembered as the “Merchant of Death” or the “Lord of War”.

To understand better who Alfred Nobel was, I suggest you watch Nicolas Cage in the Lord of War, a movie released in 2005. Although the movie was not about Nobel, it is about a “Merchant of Death”.

In fact, it may not have been Nobel’s idea to include the Peace Prize.

Although Nobel never married, his first love, a Russian girl named Alexandra corresponded with him until his death in 1896. Many believe she was a major influence in Nobel’s decision to include the Peace Prize among the other prizes provided for in his will.

Is this “hypocrisy” time ten?

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

If you want to subscribe to iLook China, there is a “Subscribe” button at the top of the screen in the menu bar.

Leave a Comment » | China, Chinese Culture, Chinese history, Confucianism, cultural differences, media, politics | Tagged: , , , , , , , , , | Permalink
Posted by Lloyd Lofthouse

China’s Sensitivity over Tibet – Part 2/2

December 7, 2010

Since the two best-known spiritual rulers in the world are the Dalai Lama and the Pope, I’m going to compare the two.

The Dalai Lama seems to get about as much attention as the Catholic Pope in Rome, who rules over the Vatican in Rome. The Pope is also the spiritual leader of about one billion Catholics.

What about the Dalai Lama and Buddhism?


The working class peasants/serfs in old Tibet before 1950

Buddhanet says that it is generally agreed that about 6% (or 350 million) of the world’s population are Buddhists.

Then Adherents.com says, The number of adherents that follow Tibetan Buddhism is estimated to be between ten and twenty million, (which is about the same as the population of New York state in the US).

There are four schools of Tibetan Buddhism and the Dalai Lama is the temporal head of the Gelug(pa) “Way of Virtue” school, and Dalai Lamas have been the “spiritual” leaders of Tibet from the mid-17th to the mid-20th centuries.

The 2000 population census in China reported that about 2.62 million lived in the Tibet Autonomous Region.

If those facts are correct, today’s Dalai Lama is technically the spiritual leader of about 2 million in Tibet and between 8 to 18 million globally that are citizen of other countries.


The ruling class in old Tibet before 1950

The only explanation for the attention the Dalai Lama gets in the media is that a very vocal following of fanatics has grown around him turning him into a cultish godlike figure.  At best, the Dalai Lama is the spiritual leader of about one third of one percent of the global population. 

At the low end, the Dalai Lama only represents about one tenth of one percent, which may represent the number of followers he has in China compared to the total population there.

Learn more About Tibet or return to China’s Sensitivity over Tibet – Part 1

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

If you want to subscribe to iLook China, there is a “Subscribe” button at the top of the screen in the menu bar.

1 Comment | Buddhism, China, Chinese Culture, Chinese history, history, politics, religion, Tibet | Tagged: , , , , , , , , | Permalink
Posted by Lloyd Lofthouse

China’s Sensitivity over Tibet – Part 1/2

December 6, 2010

Earlier this year, Al Jazeera’s Tony Birtley reported on China’s sensitivity over Tibet. 

He says the Dalai Lama has long been a thorn in the flesh of the Chinese government. Beijing openly calls him a Jackal in a Monk’s Robe. The Dalai Lama has met every US President since George Bush Senior in 1991.

Birtley says, China state media often says that Tibet has always been part of China long before Hawaii become part of the United States.

The Dalai Lama’s people, on the other hand, claim that China never ruled Tibet and the Dalai Lama’s global followers blindly accept this claim as the truth.

Since Birtley offers no evidence in his report to support China or Tibet’s claims, I offer two sources of primary evidence from unbiased and non-Communist sources that support China’s claim.

I will start with the oldest source. Robert Hart (1835 – 1911) worked in China from 1854 to 1908 and was the most powerful Westerner in China’s history. 

In a letter Hart wrote in October 1885 to Campbell, his agent in England, he mentioned a diplomat from the British Foreign Office was seeking friendly relations and trade with Tibet. However, China did not want “Tibet, its tributary”, exposed to Western trade and influence.

In another letter in December 1903, Hart mentions the Chinese Amban in Tibet.  An Amban was the title for the political governor assigned to Tibet by the Emperor in Beijing.

Granted, Tibet was remote and difficult to reach and manage, and there were times during those 636 years where it may have appeared that the Tibetans managed themselves.

However, the facts show that China does have a claim that Tibet was part of China.

The second source appeared in The National Geographic Magazine (NGM) in October 1912 when the medical officer of a Chinese mission sent to Tibet in 1906 wrote a piece about Tibet for the magazine.

If you want to read about and see Tibet of that time, I suggest reading Dr. Shaoching H. Chuan’s The Most Extraordinary City in the World (pages 959 -995). 

The NGM also published about 60 photos the doctor shot.

On page 979, Dr. Chuan describes the government of Tibet, “the Ambans are appointed by the Chinese Emperor every four years. All governmental affairs have to undergo examination by the two Ambans…”

The reason Tibet declared its independene from China in 1913 was due to British political medling.

Tibet stayed free less than 40 years before Mao sent the PLO to reclaim territory China ruled as a tributary state since the 13th century.

Learn more about Buddhism in China

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

If you want to subscribe to iLook China, there is a “Subscribe” button at the top of the screen in the menu bar.

2 Comments | Buddhism, China, Chinese Culture, Chinese history, Chinese minorities, history, politics, religion, Tibet | Tagged: , , , , , , | Permalink
Posted by Lloyd Lofthouse

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