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Comments

  • Karrie E. Alms: Amazing insight into the world of politics awaits any reader at pibgorn … from a Demon’s...
  • Tony: Homefield is Dynegy. Dynegy is Ameren. There Charging You twice for the same energy. Do you really thihk $.04...
  • SouthEnder: Also does anyone remember the Velvet Freeze located on Jefferson St, up the street from the Warner Homes....
  • Eric Pollitt: I flew economy class to Hong Kong for Christmas vacation, which is a 14 hour flight. When I got back...
  • Mike: Homefield has been sold to dynery. Google dynegy scandal to see who your new parent is. If this upsets you give...
  • mortified: Fun while it lasted. Godspeed!
  • aaron: your blogging will be missed but i know that your spirit of fairness will remain alive in your other...
  • Jon: CJ, your blog was a revelation and an inspiration. You have a wonderful talent that is an asset to the...
  • Billy Dennis: Of course the Chronicle is done: Screw you. The Chronicle is one of the best researched blogs...
  • Paul Wilkinson: CJ, am sorry you have ended your blog. It was well done. It seems many have given up as we keep...
  • Sharon Crews: Your voice is definitely needed in this community. Thanks for all your insights.
  • emergepeoria: Your blog is great resource to research Peoria issues. I hope you leave it up.
  • BucketHead: I was not suggesting that, I believe the both of you had very strong common sense and that lead to your...
  • C. J. Summers: Without anonymity, there is no courage among my detractors. Take a look back at the wide variety of...
  • Of course the Chronicle is done: Without Sandberg to give stores to the Chronicle there is no Chronicle.

Cat: How can we not do business with countries that abuse human rights?

Doug Oberhelman, Chairman and CEO of Caterpillar, met with Chinese President Hu Jintao on Thursday in Chicago:

In an interview with the Journal Star just before a luncheon in Washington, D.C., featuring Chinese President Hu Jintao, […] Oberhelman didn’t argue that the concerns about human rights issues in China are valid. […] Hu, Oberhelman […]

Bleak Friday: China and Russia renounce U.S. dollar

This doesn’t bode well:

At a joint press conference in St. Petersburg, Russian President Vladimir Putin and Chinese Premier Wen Jiabao announced their countries’ agreement Thursday to allow their currencies to trade against each other in spot inter-bank markets, thereby formally renouncing the U.S. dollar….

Despite the avowed assurance of not challenging the U.S. […]

Cat’s growing presence in China — Is it a good thing? Part 2

In a previous post, we looked at potential pitfalls in efforts to access China’s markets. Specifically, it appears that access comes with a high cost: supplying Chinese competitors with proprietary technology. Another example of this was recently exposed in the Wall Street Journal:

When the Japanese and European companies that pioneered high-speed rail agreed […]

CAT’s growing presence in China — is it a good thing?

Caterpillar announced Sunday that Cat China and AVIC Liyuan Hydraulics Co. “have signed a joint-venture agreement to establish a company to design and manufacture medium- and heavy-duty hydraulic pumps and motors for the construction equipment industry.” The press release was picked up and reprinted in the Journal Star Monday on the web — it […]

Chamber wants to take Peoria business leaders to Red China

The Peoria Area Chamber of Commerce is offering a trip to China for a low package price of about two grand, not including transportation from Peoria to Los Angeles. But why? For what purpose? The Journal Star reports:

A visit to China will not only open the eyes of business leaders, but their minds, […]