Showing posts with label china. Show all posts
Showing posts with label china. Show all posts

Tuesday, September 04, 2007

No FBI

Considering Kenya's past involvement with the FBI, it seems a bit strange to name their new national backbone NO FBI! And the three main contractors are all Chinese!

[Insert more scare tactics here...]

Saturday, August 18, 2007

Supplier Ca-noodling

Couldn't resist the headline when I saw this AP story on purported price-fixing in the Chinese instant noodle (Ramen) industry.

The report came amid a nationwide probe into whether price-fixing or hoarding by producers is to blame for a 15.4 percent jump in food prices in July over the year-earlier period. The government accused violators of damaging social stability. [emphasis mine - Al]
and finally buried at the end of the article on Page 2, a better discussion of the real issue: collusion of the producers:

"Some industry groups have organized coordinated price rises," the agency said in an Aug. 3 statement. It said the collusion "influences social stability." [emphasis mine - Al]

There's that delicate social stability again.

Cheers China! Where everybody knows your name...