Is the US ‘Too Big’ for the G7?

Q: Are the concerns of a superpower relevant to the other G7 members? A: Not really.

Maybe it’s time for a superpower group of the US, China, the EU, Russia, and The Commonwealth of Nations to form up, instead of the G7 group that has worked very well until now.

Even the sage Moses who lived 3400-years ago, suggested, “Thou shall not plow with an ox and a donkey yoked together” and the reason is quite clear to every farmer. Being so dissimilar in size and power, both the ox and the donkey will be miserable the entire time they try to plow forward together and the farmer will spend most of his time ‘arbitrating’ disputes between the two and the plowing enterprise will get little actual plowing done.

It’s unfair to the US, it’s unfair to the smaller or weaker members of the G7 club and it’s unfair — even to near-superpowers like Japan and Germany which have far different challenges and causes to ‘plow’ than those of the superpowers.

Steve Hilton: Trump’s criticism of G-7 is ‘unprecedented’ scream the elite -- That’s the whole point of Trump!
Trump’s Criticism of G-7 is ‘Unprecedented’ Scream the Elite – That’s the whole point of Trump! | Steve Hilton, Fox News

Shall I list the ways?

If so, this would become a very long blog post indeed!

For just three examples:

  1. Which of the G7 partners have a negative balance of trade of $862.8 billion for 2017? The entire G7 combined doesn’t have a negative balance of trade anywhere approaching that of the United States.
  2. Which of the other G7 members have an inventory of nuclear warheads like the United States which includes 6450 nuclear warheads; 1750 that are retired and awaiting dismantlement, and 3800 that remain part of the U.S. stockpile?
  3. If we’re talking GDP, the US represents 52.8% of the Group of Seven’s GDP, while the next largest country in the group (Japan) represents 13.3% of GDP, with only Germany at 10% remaining as the only other double-digit GDP member of the G7.

Population figures and economic growth indicators may be even more telling than the above indicators of superpower status.


Should the US Join It’s Own 1-Member Club?

That may be a tempting thought for President Donald Trump and certain members of his administration, but there are common concerns among superpowers that only apply to superpowers (and there’s no doubt the US remains the Number One superpower by a significant margin) and it’s those superpowers that must work together to deliver solutions for their large populations.


If we look at a superpower club of 5 members: The United States, China, the EU, The Commonwealth of Nations and Russia, we’re looking at a group that is roughly comparable to each other and have similar challenges.

Let’s look at our three main indicators, just to be certain:

GDP

Big 5 (Nominal) GDP
U.S.A. --------- $20.3 trillion (USD) (Focuseconomics.com)
China ---------- $13.0 trillion (USD) (Focuseconomics.com)
EU ------------- $19.7 trillion (USD) (IMF)
Commonwealth --- $10.4 trillion (USD) (Commonwealth.org)
Russia --------- $1.72 trillion (USD) (IMF/StatisticsTimes.com)

Although there are some disparities in nominal GDP among the five countries, we must remember that China is on an exponential growth curve while The Commonwealth of Nations statistic (provided by commonwealth.org) is from 2017 and their economic group is also growing at a rapid rate ($13 trillion by 2020). Russia is the outlier in this group, however, as we shall see, that country has other (huge) chips on the table when it comes to retaining its superpower status.

Top 10 Countries as ranked by GDP includes G7 countries. Image courtesy of FocusEconomics.com
Top 10 Countries as ranked by GDP — includes G7 countries. Image courtesy of FocusEconomics.com

Nuclear Warheads

Big 5 Nuclear Warheads
U.S.A. --------- 6450 (Federation of American Scientists)
China ----------  270 (Federation of American Scientists)
EU -------------  300 (Federation of American Scientists)
Commonwealth ---  485 (Federation of American Scientists)
Russia --------- 6850 (Federation of American Scientists)

Although nuclear stockpiles vary, the US and Russia were the main protagonists of the Cold War which lasted from 1950 through 1990 which is why they own far more nuclear weapons than all other countries combined. The only EU country to publish their ownership of nuclear weapons is France, with 300 warheads. The Commonwealth of Nations countries that publish ownership of nuclear weapons include the UK, Pakistan and India.

G7 comparison: Estimated Nuclear Warhead Inventories, 2018. Federation of American Scientists
Estimated Nuclear Warhead Inventories, 2018. Federation of American Scientists

Balance of Trade Issues

Big 5 Balance of Trade (in US Dollars)
U.S.A. --------- $-862.8 billion (2017) (Handlesblatt/IMF/WTO)
China ---------- $+98.46 billion (2017) (TradingEconomics.com)
EU ------------- $+44.45 billion (2016) (Statista.com)
Commonwealth --- $-187.5 billion (2015) (Commonwealth.org)
Russia --------- $+115.3 billion (2017) (Statista.com)

GDP and Balance of Trade among the G7 countries in 2017

While balance of trade issues vary wildly between the United States, China, the EU, The Commonwealth of Nations and Russia, very few countries can play in the triple-digit or even high double-digit space occupied by those nations. Especially when analyzed using their (Nominal) and (Purchasing Power Parity) GDP numbers, these are exceptional nations and groupings of nations, which put them in a different category than other countries.


The Big 5 (B5) A Better ‘Fit’ for the United States, China, the EU, The Commonwealth and Russia

There is nothing wrong with small countries and there is nothing wrong with big countries. But small countries have far different challenges than large countries, and everything happens on a truly massive scale for the bigger countries and in country groupings like the EU and The Commonwealth of Nations.

And those differences cause irritations.

Instead of heads of government trying to plow forward with their challenges and issues while ‘yoked’ to dissimilar and dissimilar-sized partners, why not make it easier on everyone and ‘put like with like’ to gain a more comfortable fit?

It’s so obvious this should be done and the latest G7 meeting proves that the problems in that organization are systemic problems and are the sole cause of divisions between the oddly mismatched countries of that group.


The ‘Big 5’ followed by the ‘Next 20’

Every country stuck in a trade or political grouping that doesn’t match it’s particular talents will suffer. Therefore, the Big 5 must form into a group of their own, and the G20 (minus the by-then departed ‘Big 5’ members) must attract ‘the Next 20 nations’ to their refashioned N20 organization.


Helping Every Country and Individual to ‘Become All That They Can and Should Be’

In that way, the top 25 countries in the world can finally become all that they can and should be instead of being held back by arbitrary, mismatched, or outdated groupings.

And, isn’t that’ what it’s really all about?

!!!

Written by John Brian Shannon | Reposted from JohnBrianShannon.com


Read the next blog post: G7 – Please Save Our Seas!

It’s Time for a Global Natural Disaster Response Force

by John Brian Shannon | Reposted from JohnBrianShannon.com

China 6.5 Earthquake | Tuesday, August 8, 2017 at 9:19am local time

Rescue workers in China are hunting for survivors after an earthquake rocked China’s southwestern Sichuan province, killing 19 people and injuring more than 250 reports Xinhua news.

Earthquake in China, August 8, 2017 at 9:19am local time. The U.S. Geological Survey gave the quake a magnitude of 6.5.
Earthquake in China: Rescue workers in China hunt for survivors from a 6.5 Earthquake (Aug, 8, 2017, 9:19am local time) that killed 19 and injured 250 in Sichuan province. The U.S. Geological Survey gave the quake a magnitude of 6.5.

The popular tourist destination of Jiuzhaigou is located near the epicentre of the quake — in a national park known for its spectacular natural beauty. Many resorts in the region are fully-booked at this time of year.

Natural disaster response force tag \ Gongyuyan, China: The Gongyuyan scenic spot offers spectacular views including a stone forest and the Shenlong waterfall in Tianshi township, Xianju county.
There are many scenic areas in China: The Gongyuyan scenic spot offers spectacular views including a stone forest and the Shenlong waterfall in Tianshi township, Xianju county.

It’s well past time that every government on the planet contribute to the creation of a specialized natural disaster rapid deployment force with fully stocked distribution centres located on every continent, complete with their own aircraft and able to reach any disaster area in the world within hours.

Hundreds of tons of food, tents, beds, portable kitchens to feed thousands and portable medical stations designed to provide triage care to injured persons could be getting loaded into aircraft for the flight to the disaster zone within minutes of any disaster.

It would be great if the temporary medical facilities could be manned by Doctors Without Borders / Médecins Sans Frontières once the stations were erected in the disaster zone.

Agencies like NASA and the USGS could offer their technical expertise, while other organizations could contribute aviation fuel, emergency supplies, rescue workers / logistic personnel along with other important relief assistance.

At any moment, anywhere on the planet might be hit by an earthquake, flood, cyclone or other severe storms, or even meteorites large enough to cause serious damage (yes, the dinosaurs didn’t believe that either). Which is why it’s time to stop talking and get doing it!


  • Gongyuyan China: Villages reap benefits of ecological planning (kleef.asia)

All You Think You Know About Coal in China is Wrong

Reposted from the Center for American Progress

Melanie Hart is a Senior Fellow and Director of China Policy at the Center for American Progress. Luke H. Bassett is the Associate Director of Domestic Energy and Environment Policy at the Center. Blaine Johnson is a China and Asia Policy Analyst at the Center.

In December 2016, the Center for American Progress brought a group of energy experts to China to find out what is really happening.

We visited multiple coal facilities—including a coal-to-liquids plant—and went nearly 200 meters down one of China’s largest mines to interview engineers, plant managers, and local government officials working at the front lines of coal in China.

We found that the nation’s coal sector is undergoing a massive transformation that extends from the mines to the power plants, from Ordos to Shanghai.

The nation is on track to overdeliver on the emissions reduction commitments it put forward under the Paris climate agreement, and making coal cleaner is an integral part of the process.

From a climate perspective, the ideal scenario would be for China to shut down all of its coal-fired power plants and switch over to clean energy full stop. In reality, China’s energy economy is a massive ship that cannot turn on a dime.

The shift toward renewables is happening: China’s Paris commitment includes a promise to install 800 gigawatts to 1,000 gigawatts of new renewable capacity by 2030, an amount equivalent to the capacity of the entire U.S. electricity system.

While China and the United States have roughly the same land mass, however, China has 1.3 billion people to the United States’ 325 million.

It needs an electricity system that is much larger, so adding the renewable equivalent of one entire U.S. electricity system is not enough to replace coal in the near to medium term.

To bridge the gap, China is rolling out new technologies to drastically reduce local air pollution and climate emissions from the nation’s remaining coal power plants.

Read More…

(Seriously, it’s a must-read for all energy observers!)

Connectivity and Internet of Vehicles in China report

Connectivity and Internet of Vehicles in China: An exploration based on Zhihu and WeChat

March 2017

Executive Summary 

Connectivity is one of the main current technological trends in the automotive area.

With its rapid  digitalization, China is a major ‘testbed’ as well as a source of innovations in this field.

The present report uses data from the Chinese social web to find concepts and topics that dominate the Chinese discussion around connectivity and Internet of Vehicles (IoV; fTQ).

Our key observations are as  follows:

• Whereas connectivity already rose around 2011-12 in OECD markets, its China journey started relatively late (2014). Thus, the current progress and penetration are all the more impressive and uncover an even greater potential for future development backed by numerous supporting measures by the Chinese government.

• Foreign and domestic brands and services are equally present in the data. Foreign brands dominate  the car manufacturer area, whereas domestic Chinese brands are more present in the IT context. This balanced mix conveys the strength of local providers as well as the agitated landscape of international deals between car manufacturers and connectivity service providers.

• Major product aspects discussed in the area turn around smart and assisted functionality, safety and advancements in mobile internet technology.

• In a more strategic perspective, autonomous driving and its implications for the overall traffic system seems to be the leading concern. There are also numerous discussions about the underlying  technologies such as Artificial Intelligence, Big Data and Internet of Things.


Connectivity and Internet of Vehicles in ChinaClick the image to view:
Connectivity and Internet of Vehicles in China (PDF)


Connectivity tag | Grasp Chinese consumer insight: the potential of social mediaClick the image to view:
Grasp Chinese consumer insight: the potential of social media

 


Anacode MarketMiner – Automated Market Research for the 21st Century

Anacode MarketMiner Simplifies China
via Automated Market Research

Anacode believes market research should be ready for the 21st century

That’s why we build MarketMiner, a text analytics software that cuts costs, time and complexity in market research – and gets you ready for taking better decisions based on the the authentic, intrinsic voice of your customers.

ABOUT ANACODE

Anacode is driven by a team of professionals in the fields of NLP (Natural Language Processing), software development and China business. We develop advanced data and text analytics solutions which help Western, non-Chinese customers in their quest towards an independent and unbiased understanding of the Chinese market. Our technology comprises algorithms for data collection and analysis which extract fine-grained, statistically relevant insights from various types of customer and market feedback. By putting our technology at your service, we save you the cost, time and often frustration associated with field and desk research on the Chinese market.

OFFERING

In order to help you grow your China business, we offer technology-based solutions in the following areas:

Anacode MARKETMINER MARKET REPORTS - WEB & TEXT API - MARKETMINER SAAS.
MARKETMINER

MarketMiner is Anacode’s proprietary application for end customers who wish to get a solid understanding of the Chinese market. The backend performs a classical pipeline with three steps: online data collection, data analysis and aggregation. The frontend, designed in English, allows to formulate your research questions by products, product features and customer segments. The analysis and aggregation are fully transparent – you have the possibility to trace back your result via intermediate aggregation and analysis steps back to the raw data.

TECHNOLOGY

With the rise of Big Data, text analytics is showing a constant upheaval in the past years.

What is different about Anacode’s technology? Human language instead of words

All our development builds on a strong linguistic basis which includes carefully classified lexica and ontologies, linguistically annotated training data, full syntactic parsing as well as a logical interpretation language based on compositional semantics.

We KNOW what we analyze, and use this knowledge to create a linguistically adequate training space. The data mining algorithms achieve a higher accuracy than traditional approaches centered around simple collections of keywords.

Industry focus

Each version of the software treats a specific domain. We use language-specific grammars and specialized industry lexica to achieve an accurate analysis. At the same time, we build on principles of multilingual engineering so as to fully support the globalisation efforts of our clients. We know where to look for differences and similarities to streamline development while making appropriate customisations and thus maintaining a high per-case quality standard.

Depth of analysis

Our algorithms combine linguistic and statistical methods and thus allow to pull more detailed information from our data.

For example, traditional sentiment analysis positions an opinion on a positive/negative scale; thus, a sentence like “The seats are old-fashioned” will be analysed as a negative opinion.

MarketMiner decomposes and “explains” the statement by telling that it is the visual appearance of the seats which leads to a negative evaluation, and more specifically a negative evaluation in terms of fashionability.


Welcome to Anacode’s Chinese API!

Anacode’s Web&Text API offers data collection and analytics tailored to the Chinese web and language, allowing China-facing businesses to extract maximal value from customer and market feedback.

The API is perfectly suited for users who don’t speak Chinese and want a quick, hands-on start with “native” data. Get started with your own analytics pipeline in four steps:

  1. Register for a free account and upgrade when needed.
  2. Get data:download our web data for your domain, or extract your own web data using our scraping call.
  3. Analyze: extract categories, concepts and sentiments using our Natural Language Processing.
  4. Visualize and integrate the results which are returned in English – using your own applications or our Anacode Toolkit.

A detailed documentation as well as a range of additional tools and on-premise options are available for your safe, smooth and focused experience in the Chinese data ocean.

Request a live demo

Not sure how Anacode can help you leverage the power of Chinese data? Request a live demo – we will be happy to walk you through our API and guide you in its proper usage for your specific requirements.




Anacode AIS Electronic Library AISeL

Description

Market research has long relied on reactive means of data gathering, such as questionnaires or focus groups.

With the wide-spread use of social media, millions of comments about customer opinions and feedback regarding products and brands are available.

However, before using this ‘wisdom of the crowd’ as a source for marketing research, several challenges have to be tackled: the sheer volume of posts, their unstructured format, and the dozens of different languages used on the internet. All of them make automated usage of this data challenging.

In this paper, we draw on dashboard design principles and follow a design science research approach to develop a framework for search, integration, and analysis of cross-language user-generated content.

With ‘MarketMiner’, we implement the framework in the automotive industry by analyzing Chinese auto forums.

The results are promising in that MarketMiner can dramatically improve utilization of foreign-language social media content for market intelligence purposes.

Anacode Electronic Library AISeL download button