The US-China diplomatic relations have been strained for long periods. However, the critical issue affecting the two countries is the South China Sea dispute. According to analysis of commentaries from various authors both from the Chinese front and from the U.S front, this is the only dispute between the two countries with the potential of making militarization of dispute between the two powers inevitable. Several reasons have been advanced by commentators on this issue of South China Sea dispute. From the Chinese perspective, it has been an issue for the United States in an area where it is not ...
Essays on South Sea
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Chapter I. Firm foundations and castles in the air
The chapter focuses on the two investment theories, the castle in the air and the firm foundation. According to the firm foundation theory, investing involves knowing the real value of the investment and make decisions based on the real value. One of the examples to explain the concept is investing in Coca-Cola Corporation wherein investing in the company’s stocks requires determining the actual value of the company. In terms of the castle in the air theory, the concept implies that investments should be a response to what others are doing, and the returns for such investment can be ...
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