Tag Archives: China

Beginning to figure out how China works and why Western expectations have been consistently wrong about China' stability and resilience. The post addresses much more than property rights.More evidence that the Chinese leadership groks the basics of MMT?Grasping RealityThis is, I think, both right and wrong. China has an... interesting property-rights system—your property is secure not ...Brad DeLong | Professor of Economics, UCAL Berkeley

Trump then blamed China, saying that "because of our much tougher Trading stance with China, I do not believe they are helping with the process of denuclearization as they once were (despite the UN Sanctions which are in place)." This is in line with Trump's complaint from early July in which he said that with respect to the denuclearization process, China "may be exerting negative pressure on a deal because of our posture on Chinese Trade." Learning that unlike private deals, deals on the...

Ya think?What to expect when provoking a dragon in its lair. Same with a bear. Provoking a dragon and a bear at that same time is, how would you say? The report said that while the PLA had continued to extend operations, it was not clear what message Beijing was seeking to send by carrying out the flights “beyond a demonstration of improved capabilities.” I'd say the message is loud and clear. But apparently the geniuses at the Pentagon know somethings I don't.ReutersPentagon says China...

The world just got a lot more complicated. When it comes to the Middle East, China has not been shy about its recent ambitions to expand its geopolitical influence in the Gulf region: Just last week we reported that the Chinese Ambassador to Syria, Qi Qianjin, shocked Middle East pundits and observers by indicating the Chinese military may fill the void left in the wake of the collapse of ISIS - and most regional armies - and directly assist the Syrian Army in an upcoming major offensive on...

The dramatic rise of China over the past four decades not only has rocketed China's economy to the top of the world (in terms of PPP - purchasing power parity), with no end in sight, but also is ending western dominance over the past 200 years, at least.What does that mean to the world? Everything, from politics (End of Democracy?) to economics (Adam Smith vs. Karl Marx)! To understand the profound implication of this change, we must truly understand the past, for which we must re-examine...

Backgrounder on Pakistan and analysis of the outcome of the recent election there. Pakistan is important geopolitically and geostrategically. Michael Roberts BlogPakistan: it’s not cricketMichael Roberts

By Thomas Palley (Guest blogger)The deepening of economic globalization appears to have ground to a halt and the process may even unravel a little. The sudden stop has surprised economists, whose belief in globalization has strong parallels with Fukuyama’s (1989) flawed end of history hypothesis. The paper presents a simple analytic model that shows how economic globalization has triggered political and geopolitical contradictions. For the system to work, politics within countries and...

The conventional wisdom is there have been two globalizations in the modern era. The first began around 1870 and ended in 1914. The second began in 1945 and is still underway. This paper challenges that view and argues there have been three globalizations, not two. The first half of the paper provides empirical evidence for [...]

The deepening of economic globalization appears to have ground to a halt and the process may even unravel a little. The sudden stop has surprised economists, whose belief in globalization has strong parallels with Fukuyama’s (1989) flawed end of history hypothesis. The paper presents a simple analytic model that shows how economic globalization has triggered [...]

JD.com, the third-largest tech company in the world behind Amazon and Google's parent company Alphabet, is focusing on hundreds of isolated villages in rural China as it has hired 85,000 delivery personnel, and focusing on locals to do its bidding in ramping up online shopping, a relatively new concept for the region, according to The New Yorker's Jiayang Fan. Bold. AxiosWhat we're reading: JD.com is leapfrogging rural China into online shopping Marisa Fernandez