China hopes to win Indian and Russian support in establishing a “new type” of “rules-based” and “multilateral” trade initiative.Multiple Indian media reports suggest the country’s recently re-elected Prime Minister Narendra Modi will join forces with Chinese President Xi Jinping and Russian leader Vladimir Putin on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Kyrgyzstan this week to express their concerns about US President Donald Trump’s protectionist...
Read More »M. K. Bhadrakumar — SCO summit: Inflection point for Indian diplomacy
When India applied for SCO membership or when observers like myself felt elated when India was finally admitted into the grouping in 2017, no one could have foreseen that the grouping held such potential in the very near term itself as a platform for the reset of regional politics — in particular, the India-Pakistan-China triangle. New possibilities are opening up for Indian diplomacy at the two-day summit meeting of the Shanghai Cooperation Organisation (SCO) at Bishkek on June 13-14.......
Read More »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”...
Read More »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...
Read More »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,...
Read More »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...
Read More »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...
Read More »Pepe Escobar — The EU bows to ‘systemic rival’ China
Slowly but surely, the EU is shifting its priorities to the East Asia TimesThe EU bows to ‘systemic rival’ ChinaPepe Escobar
Read More »Pepe Escobar — All roads lead to Rome for Xi
Backgrounder on Italy and BRI (and more). China marches (and sails) west.Asia TimesAll roads lead to Rome for Xi Pepe Escobar
Read More »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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