Tag Archives: China

Illicit Financial Flows: The Unchecked Scourge of the World

The Canada-US Law Institute panel on money laundering and the fact that it is the “scourge of the world” that threatens democracies and capitalism involving myself and Josee Nadeau. Panel is linked here and the panel — with its background and my hard-hitting presentation as to the fact that the lawyers must have “know your client”… Read More

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New York Post: China cheats why let them buy American companies?

This fall, China quietly completed its $4.7 billion purchase of the world’s biggest pork producer, Smithfield Foods of Virginia. This takeover, the subject of Congressional hearings, regulatory oversight and intense lobbying for a few months, represents a precedent that will damage the American economy and cost jobs in the long run. It also may have… Read More

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Free enterprise must fight state capitalism in the new cold war

The new cold war is underway and pits free enterprise against state capitalism. Countries like Canada, the U.S. or Germany have fostered their multinationals and they have acted as de facto instruments to grow their economies through trade success. But countries like Russia, South Korea, China, Singapore and others operate like gigantic holding companies armed… Read More

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G20 to G-zero

The G20 summit this week, and the growing Syrian catastrophe, underscores the reality that we are living in a G-zero world. The term, coined by two American political scientists, refers to the vacuum of geopolitical power as the west declines and emerging nations concentrate on their domestic problems. For fans of “strongman” politics, this is… Read More

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U.S. must nix Smithfield Foods buyout by China Inc.

The United States must reject China’s $7-billion bid to buy the world’s biggest pork producer, Smithfield Foods of Virginia. The transaction was announced in May but is currently under review in Washington by authorities. Delays are due to concerns. And there are many. Most significantly, the transaction is another “Trojan Horse”, a takeover template that… Read More

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