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Tag Archives: China

Godfree Roberts — Everything About the BBC/CNN Account of Tiananmen Square Is a Lie

Another side of the narrative. Longish and detailed, including eyewitnesses to events. US-supported attempt at regime change, with US spin after its failure? While the article doesn't mention it, the chief opponents of the present Chinese policy comes from Marxist-Leninist student that think the socialist revolution is being betrayed.Checkpoint AsiaEverything About the BBC/CNN Account of Tiananmen Square Is a Lie Godfree RobertsSee alsoThe Truth About the Iconic Tiananmen “Tank Man”...

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Sharmini Peries — Russia-China Alignment Challenges U.S. Hegemony

“What's happening is that China is finally going global,” Richard Sakwa told The Real News Network’s Sharmini Peries. “[China] is leveraging its growing economic power into a network of relationships which are spanning not just Eurasia all the way to Europe, but also in Africa.” Sakwa noted that while China is now developing a second military base, the United States has approximately 600 military bases around the world: “China is challenging not so much U.S. primacy but the way that it has...

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Sanjeev Choudhary — India, China set up joint working group to tackle crude volatility

The two countries have set up a joint working group that would identify subjects of cooperation in the energy sector, including ways to rein in global oil prices. The group, set up a month ago, will be co-chaired by a joint secretary in the oil ministry and his Chinese counterpart.China and India, second- and third-largest oil consumers, respectively, have been meaning to form a joint front for more than a decade to assert their weight in the oil market, dominated by a producers’ cartel,...

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Structural Change in China and India: External Sustainability and the Middle-Income Trap

Shouldn't listen to the IMF anyway New working paper co-authored with Suranjana Nabar-Bhaduri, and published by the Political Economy Research Institute (PERI) from UMass-Amherst. From the abstract:This paper focuses on the different development strategies of China and India, particularly regarding the role of manufacturing and services for long-run productivity growth, external competitiveness and financial fragility. The findings appear to support the argument that productivity...

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Andrew Sheng and Xiao Geng — China’s accountability system unique

Not every decision will turn out to be the right one. But in China, when mistakes are made, adjustments follow. While this form of accountability is not perfect, it has produced a track record that is exceptional by any standard. Interesting article coming from Andrew Sheng and Xiao Geng, who are not considered government mouthpieces and have often been critical of China's policies. Chinese people seem to understand Chinese behavior, whereas most Westerners transpose their own cultural bias...

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Pepe Escobar — US elites remain incapable of understanding China

A new report on US policy toward China launched by the Asia Society in New York is another example of how supposedly bipartisan US intellectual elites, instead of offering impartial advice, do little more than parrot Washington’s talking points, failing to admit they know nothing of substance about the existential “threats” posed by Russia and China. The report ‘Course Correction: Toward an Effective and Sustainable China Policy‘ was written in collaboration with the 21st Century Chinese...

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Gene Frieda — China’s Difficult Balancing Act

China needs to keep growth high enough to maintain social stability, but also must preserve external stability via the renminbi’s exchange rate. How China manages its currency during its economic policy shift could have important global consequences. China is not sovereign in its currency since it pegs to the dollar. Currency sovereignty requires floating the rate whereas as peg sets a fixed rate. This means that China domestic policy is constrained by have to manage the exchange rate...

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Pepe Escobar — MAGA Misses the Eurasia Train

We should know by now that the heart of the 21stCentury Great Game is the myriad layers of the battle between the United States and the partnership of Russia and China. Even the U.S. National Defense Strategy says so: “The central challenge to U.S. prosperity and security is the reemergence of long-term, strategic competition by … revisionist powers.” The recently published assessment on U.S. defense implications of China’s global expansion says so too. The clash will frame the emergence...

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