Great blog, written by a wise man living in China

Jonathan (Jono) Warren is a friend of mine who is currently living in Beijing, but is moving to Kashgar, Xinjiang. You know the place where all the riots occurred a little while ago. He is beginning a tea business, where he will be importing Pakistani tea into China, packaging it in China and then selling it to super markets in the West.

Sounds crazy right? Well, regardless of your thoughts of this brief description of his business, the man is quite well read and paints a incredible story with his words... which you can find at his blog Garbage and Noodles (http://garbageandnoodles.blogspot.com/)

Here is a small excerpt from his most recent post "I sing, you sing, we all sing"

Up in Changbaixian, Liu Baiguo was that grower. The owner of a local Chinese-medicine shop (中药房), recommended Mr. Liu as his farm was the closest to the city, but produced some of the best ginseng. Liu walked into the shop and asked for the ones who were looking for him. He seemed genuinely excited to be able to show his roots to two bright-eyed American entrepreneurs.

He led us out of the shop, out of the marketplace, and into his car - a police car that he got to keep after his work as a chinese border customs official. At his fields, he told us everything he knew about ginseng, how he inherited his fields, how there are 92 workers working for him, how he plants trees on the plots where the ginseng is picked because the roots use up all the nutrients...

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India - Election results from the world's largest democracy

Newswire: India's Election Results

It is a beautiful process when a democratic country experiences a peaceful transition of leadership.

India's voters have spoken. On one side, celebrations swept India as supporters of the Congress Party celebrated their victory.

On the other, the opposition Bharatiya Janata Party, conceded defeat.

"The party accepts the verdict of the voters will full respect."

The Congress Party won as many as 260 seats. This puts Congress just short of a independent majority, but close enough to be able to form a stable coalition.

Good news for financial markets, which will welcome a stronger government with more capacity to push through market reforms. Expect Bombay's stock exchange to rally on Monday.

South-South Cooperation -- Chile and Pakistan

Eni has signed a Protocol for Cooperation with the Government of Pakistan aimed at developing new, important projects in the upstream, midstream and downstream sectors in the country.

The agreement further strengthens relationships between Eni and Pakistan, as it makes available exclusively to Pakistan state oil companies the capabilities, the know how and the innovative technologies developed by Eni in the oil sector, especially in terms of efficiency in exploiting hydrocarbon fields. The agreement also enables Eni to become a strategic partner in developing the oil & gas sector in Pakistan and to enter fields which are so far managed by state-run oil companies.

Click here to access this article from Rigzone

ENERSIS (ENI) 2 year