In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘China’

Globalization with Chinese characteristics

Posted by seumasach on August 14, 2018

In other words, with it’s use of subsidies in accordance with national priorities, its tight control over foreign direct investment and state control over the financial system and capital flows, all of which are in contradiction to the neo-liberal, Washington consensus, China maintains, essentially, a type of socialist system.

Barry Eichengreen

Asia Times

14th August, 2018

US President Donald Trump’s erratic unilateralism represents nothing less than abdication of global economic and political leadership. Trump’s withdrawal from the Paris climate agreement, his rejection of the Iran nuclear deal, his tariff war, and his frequent attacks on allies and embrace of adversaries have rapidly turned the United States into an unreliable partner in upholding the international order.

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Putin and Xi top the G6+1

Posted by seumasach on June 13, 2018

“In parallel, diplomats in Brussels confirmed to Asia Times there are insistent rumbles about Trump possibly dreaming of a G3 composed of just US, Russia and China.”

With all going quiet on the home front and the campaign to indite Trump as some kind of Russian agent, Trump may finally be moving towards the logical next step for US foreign policy: the establishment of the USA as a pole within the new multipolar world order. This would be a huge , historic development and one made possible, if it is possible, by the strong executive power inherent in the US constitution. The nightmare of the left liberals, Trump, Putin and Xi bestriding the world would, nonetheless, lay the foundations for peace on earth.

Pepe Escobar

Asia Times

10th June, 2018

East vs. West: the contrast between the “dueling summits” this weekend was something for the history books.

All hell broke loose at the G6+1, otherwise known as G7, in La Malbaie, Canada, while all focused on divine Eurasian integration at the Shanghai Cooperation Organization (SCO) in China’s Qingdao in Shandong, the home province of Confucius.

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CIA steps up destabilization campaign in China

Posted by seumasach on August 4, 2014

The Great Game Round-Up

Cristoph Germann

3rd Augiust, 2014

In recent weeks, China has introduced a number of extreme measures, such as banning matches and imposing airline-like restrictions on bus passengers, to prevent further terrorist attacks in Xinjiang. Although the one-year-long anti-terror campaign is in full swing and countless suspects have been imprisoned, there is no end in sight to the violence, as demonstrated by several incidents this week. On Monday, “dozens of people” were killed or injured in what has been described as a “premeditated terror attack” by local police. Since the Chinese authorities have tried to release as few information as possible, it is still not exactly clear what happened in Yarkant County in Xinjiang’s Kashgar Prefecture. According to several reports, a group of assailants armed with knives and axes attacked a police station and government offices in the town of Elixhu, with some later moving on to the town of Huangdi. A source told the Global Times that the attack occurred after police officers foundsuspicious explosives and other reports confirmed that the incident began when a group of Uyghurs impeded a police investigation:

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China: EU Iran sanctions blind pressure

Posted by seumasach on January 26, 2012

PressTV

26th January, 2012

China has criticized the European Union’s new unilateral sanctions against the Islamic Republic of Iran as blind pressure and unconstructive.

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China says US spends too much money on military

Posted by seumasach on July 12, 2011

Yahoo

11th July, 2011

BEIJING (AP) — The United States is spending too much on its military in light of its recent economic troubles, China’s top general said Monday while playing down his country’s own military capabilities.

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Confucius takes a stand

Posted by seumasach on January 23, 2011

Francesco Sisci

Asia Times

21st January, 2011

BEIJING – In a ritual equal only to that of the church, last week China placed a statue of Confucius in its political heart, Tiananmen Square, before Mao Zedong’s portrait and near the modern obelisk to the People’s Heroes, two symbols that materially defined China’s national identity for 60 years.

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Liu’s Nobel Prize for Capitalism

Posted by smeddum on October 17, 2010

Charter 80 calls aims to

“create conditions for the development of privately-owned banking.”

This really is the crux of the matter : China may have privatized large areas of the economy but they have kept control of the credit system and of capital flows. This is the key to China’s success as we have seen in their counter-crisis investment programme directing capital into infrastructure and the real economy. The conflict today, as for the last three hundred years, is between real wealth creation in sovereign nations and  parasitic, extractive, imperialist exploitation.

For more on the CIA and Tiananmen Square see Thierry Meyssan’s excellent article.

what’s left

12th October, 2010

By Stephen Gowans

Liu Xiaobo, the Chinese dissident who was recently awarded the Nobel Peace Prize, has been hailed as a champion of human rights and democracy. His jailing by Chinese authorities for inciting subversion of the state is widely regarded as an unjust stifling of advocacy rights by a Chinese state intolerant of dissent and hostile to ”universal values”. But what Western accounts have failed to mention is that Charter 08, the manifesto Liu had a hand in writing and whose signing led to his arrest, is more than a demand for political and civil liberties. It is a blueprint for making over China into a replica of US society and eliminating the last vestiges of the country’s socialism. If Liu had his druthers, China would: become a free market, free enterprise paradise; welcome domination by foreign banks; hold taxes to a minimum; and allow the Chinese version of the Democrats and Republicans to keep the country safe for corporations, bankers and wealthy investors. Liu’s problem with the Communist Party isn’t that it has travelled the capitalist road, but that it hasn’t traveled it far enough, and has failed to put in place a politically pluralist republican system to facilitate the smooth and efficient operation of an unrestrained capitalist economy. Read the rest of this entry »

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China, the World and Burma

Posted by smeddum on September 16, 2010

Irrawaddy

11/9/2010

Economist Jeffrey Sachs calls China “the most successful development story in world history.” Since its “awakening” following Deng Xiaoping’s 1978 “black cat, white cat” speech urging the Chinese government to focus on economic development and let facts—not ideology—guide its path, China’s miraculous economic turnaround over the past three decades has awed and inspired the world. Read the rest of this entry »

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China Must Reduce Reliance on Treasury Bills, China Daily Says

Posted by seumasach on April 1, 2010

Bloomberg

1st April, 2010

China should be cautious about investing in or selling U.S. Treasury Bills because of the risks they present, the China Daily quoted Cheng Siwei, former vice- chairman of the standing committee in the National People’s Congress, as saying.

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Chinese official slams Western banks

Posted by seumasach on December 8, 2009

FT

A senior Chinese official who oversees China’s largest state-owned enterprises has publicly slammed western investment banks for “maliciously” peddling complicated derivative products that caused huge losses for Chinese companies. In Beijing’s strongest criticism on the matter to date, Li Wei, vice director of the state-owned Assets Supervision and Administration Commission, singled out Goldman Sachs, Morgan Stanley, Merrill Lynch and Citigroup in a critical article in the official Communist party newspaper.

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Welcome, comrade Maobama

Posted by seumasach on November 19, 2009

Pepe Escobar

Asia Times

17th November, 2009

BEIJING – Dear comrade Maobama,

It’s such an honor to receive you here in the northern capital of the Middle Kingdom as you pay tribute to the hub of the already developing 21st-century multipolar world.

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