Tag Archives: China

Spross quoted former bank CEO Richard Vague, chair of The Governor’s Woods Foundation, who explained, “China has committed itself to a high level of growth. And growth, very simply, is contingent on financing.” Beijing will “come in and fix the profitability, fix the capital, fix the bad debt, of the state-owned banks … by any number of means that you and I would not see happen in the United States.”... This did happen to a degree in the US, when the Fed stepped up to save the financial...

Basically, what he’s trying to do is blame China and blame foreigners for the fact that a lot of Americans are really hurting. They’re not doing better. They’re not earning enough to break even. They’re going further into debt. But Trump is really saying that it’s not our fault. It’s China’s fault. Don’t blame the financial mismanagement. Don’t blame the corporations. Blame China. He pretends that they’ll pay instead of Americans. But when you levy a tariff, import prices are going to go...

The Unz ReviewXinjiang UpdateChina Trade War: America's Policy Dilemma Hong Kong's Poisoned Chalice Uyghurs, Political Islam & the BRI Godfree Roberts

Beijing could be forever tarnished if it does ‘dirty business’ with the Bolsonaro government in Brazil Asia TimesChina must avoid a role in destruction of AmazonPepe Escobar

Same with Russia. Moronic strategy, making declared adversaries stronger and more self-sufficient. The other good side is that empires don't last long with morons in charge. The Money IllusionChina’s best friend?Scott Sumner | Professor of Economics at Bentley University

But the trip would probably be more interesting for another species of traveler: the economics tourist. You might not see a lot of postcard-worthy views, but you will learn something about the structure of the Chinese economy. Andrew Batson's BlogWhat you can see from the high speed train to Beijing Andrew Batson

Chimerica decoupling.Zero HedgeChinese Investments In US Grind To Halt, Trade War BlamedTyler Durden

I recently received a copy of a most interesting book, A.B. Abrams’ “Power and Primacy: the history of western intervention in Asia” and as soon as I started reading it I decided that I wanted to interview the author and ask him about what is taking place in Asia in our times. This was especially interesting to me since Putin has embarked on the Russian version of Obama’s “pivot to Asia“, with the big difference that Putin’s pivot has already proven to be a fantastic success, whereas...

Add technology warfare to economic warfare, information warfare, and cyberwarfare in the arsenal of hybrid warfare. The main battle between the US and China today is for the position of global technology leader. It is believed that the victor on this front will be whichever country provides the best conditions for developing such advanced industries as artificial intelligence and 5G. And these are exactly the Chinese industries that the US is trying to damage by raising tariffs on high-tech...

And why the liberal West could be sorely disappointed in the result if it did, owing to wishful thinking based on erroneous assumptions about China. Marginal RevolutionWhy China is not close to democratizingTyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center