In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘China’

China Calls on U.S. to Control Deficit

Posted by seumasach on November 10, 2009

Atheonews

10th November, 2009

Nov. 9 (Bloomberg) — Chinese Premier Wen Jiabao urged the U.S. to limit the size of its deficit to ensure the stability of the dollar, Reuters reported.

Read the rest of this entry »

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China Becomes A Player In Afghanistan’s Future

Posted by smeddum on October 21, 2009

China Becomes A Player In Afghanistan’s Future
by ANTHONY KUHN

October 21, 2009

NPR

In search of a solution to Afghanistan’s problems, the United States is seeking help from several of Afghanistan’s neighbors, including China, which has become the largest commercial investor in Afghanistan. Read the rest of this entry »

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Radio:Max Keiser and Stacy Herbert on Love and War

Posted by smeddum on October 21, 2009

http://ia311017.us.archive.org/2/items/MaxKeiserRadio-TheTruthAboutMarkets-21October2009/tamnz211009-full.mp3

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How China is Torpedoing the U.S. Dollar…

Posted by smeddum on October 19, 2009

Moneymorning

18/10/09

The dollar’s been struggling to retain its value –  and now it’s about to get worse thanks to China. This report shows you how China is undercutting the dollar and the two best ways for investors to turn this in their favor…

By Sid Riggs
Contributing Editor
Money Morning

In four short months, the dollar’s value has sunk 11.2% on the New York Exchange. In fact, it just recently hit its lowest level of 2009 against six major currencies, including the Euro, the British pound and the Canadian dollar. Read the rest of this entry »

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The Quiet Grab

Posted by smeddum on September 22, 2009

– Monday, 21 September 2009 |

: GoldSeek.com

My Two Cents

By: Andy Sutton

While all the hubbub here in the US has centered around abominations such as cash 4 clunkers, tax credits for buying homes, and the other machinations directed at returning the US to the blissful year of 2005, other portions of the world have taken notice and have been conducting some activities of their own. They have been locking down ever-growing stockpiles of critical basic materials needed to run their economies. These strategic moves have certainly not been done in secret, but given how we spend our intellectual energies here in America, they might as well have been. Leading the pack has been China, but there have certainly been others. Read the rest of this entry »

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Radio: Jim Willie and the Chinese/USA trade war?

Posted by smeddum on September 21, 2009

http://www.contraryinvestorscafe.com/partners.php?pid=62242

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Cheap dollars are sowing the seeds of the next world crisis

Posted by smeddum on September 13, 2009

Cheap dollars are sowing the seeds of the next world crisis
After years of selling cheap goods to debt-fuelled Western consumers, China now has $2 trillion dollars of foreign exchange reserves. That’s 2,000 billion – a reserve haul no less 25 times bigger than that of the UK.

By Liam Halligan

Published: 12 Sep 2009

Telegraph

In a world of systemic instability, reserves mean power. Reserves mean you can defend your currency, stabilise your banking system and boost your economy without resorting to yet more borrowing – or, worse still, the printing press. Read the rest of this entry »

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The Rise and Rise of China

Posted by smeddum on September 10, 2009

The Rise and Rise of China

tues 8th Sept 2009

cynicuseconomicus

From the early point in this blog, I have emphasised the importance of China in the world economy, and this view is now shared by the mainstream. China has rapidly moved from being an important element of the world economy into becoming one of the central actors. On a bookshelf crowded with books about China, I have a copy of JamesKynge’s ‘China Shakes the World’, a book with a title which many would have taken as poetic fancy at the time of writing. For those of us who actually witnessed the growth of China, it was simply a statement of reality. China was already shaking the world at the time that the book was written, but most of the West had simply not noticed. We are all now paying attention. Read the rest of this entry »

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China alarmed by US money printing

Posted by smeddum on September 7, 2009

China alarmed by US money printing

Telegraph

The US Federal Reserve’s policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy.

By Ambrose Evans-Pritchard, in Cernobbio, Italy

06 Sep 2009

Working for the Yankee dollar: Beijing is said to be dismayed by the Fed’s recourse to ‘credit easing’ Photo: Reuters Cheng Siwei, former vice-chairman of the Standing Committee and now head of China’s green energy drive, said Beijing was dismayed by the Fed’s recourse to “credit easing”. Read the rest of this entry »

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Venezuela: Strengthening “Strategic Alliances” and a Multi-polar World

Posted by smeddum on September 3, 2009

Venezuelan President Hugo Chavez at the African Union Summit in Libya (VTV)
Venezuelan President Hugo Chavez at the African Union Summit in Libya (VTV)

Caracas, September 1st 2009 (Venezuelanalysis.com) – Venezuelan president Hugo Chavez said that the tour he is carrying out in various countries in Africa, the Middle East, Central Asia and Europe is aimed at strengthening Venezuela’s “strategic alliances” that have been built throughout ten years of his government.

Speaking from Tripoli, Libya, where he arrived on August 31 to participate in a special summit of the African Union and to commemorate the 40th anniversary of the revolution in the African country, Chavez also said that Venezuela had played a “modest but important” role in contributing to the construction of a multi-polar world.

In 1999, “We had a clear understanding of the international map and began to seek solid, firm and serious allies,” he said, referring to the early stages of his government.  Ten years later Venezuela has built strong alliances, not only with nations but with strategic regions, from northern Africa to the Eurasian region, the head of state pointed out in a telephone conversation broadcast on state owned VTV. Read the rest of this entry »

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Guo Ji (郭纪): Freedom of Speech and the Media’s Responsibility

Posted by smeddum on August 26, 2009

Tues 25 August 2009

China digital times

From the Beijing-based Party magazine translated by David Bandurski of the China Media Project, Hong Kong University:

To keep to the road of peace and development, this is the grand promise China has made to the world. To this end, China has raised high the flags of peace, development and cooperation. It has pursued an independent foreign policy of peace and an open strategy of mutual benefit. It has earnestly practiced what it advocates, with the goal of building a harmonious world of lasting peace and common prosperity. In recent years, China’s path of opening and reform, its unity and initiative, its fairness and friendliness, its honesty and sense of responsibility, have won greater and greater respect in the international community, and led to a more objective, rational and friendly disposition [toward China]. However, China’s efforts and earnestness have met with an international public opinion environment (国际舆论环境) stacked unfairly against it. A small number of Western media have managed to dominate the international news and information order (国际新闻传播秩序), masking the truth, disseminating prejudices, creating through human effort one after another “iron curtain” and “vast divide,” seriously impeding interaction, conversation and mutual understanding between peoples. Read the rest of this entry »

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