You got to have debt
Reading about the recent take over of Credit Suisse by UBS and the collapse of Silicon Valley Bank (“SVB”) brought back memories to the time when I was doing some work for GE Commercial Finance (“GECF”), which was in the business of trade credit financing, which is better known as factoring. GECF were clear that their...
You can’t be serious
Social Media was full of talk yesterday about the glaringly disparate reception given by the Chinese government to Anwar Ibrahim, Lee Hsien Loong and the Spanish PM, Sanchez when they arrived in Beijing yesterday from the Boao conference in Hainan, which all three of them had attended. Both Anwar and Sanchez were given the red...
Lee Hsien Loong’s speech at Boao Forum
I have read Lee Hsien Loong's speech at Boao Forum on both Today's online and CNA online. I give it an average grade. Just average. Let me explain. To me, today, the biggest threat to Asia's peace and stability is not China's peaceful rise, the so called China's hagemony, China's unreasonableness, China's export of communist...
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