Posts Tagged ‘China’
Posted by smeddum on November 18, 2008
The IMF Needs Fixing, and China Wants a Say
November 18,2008
Chinastakes.com
by Xu Yisheng
What to do about the IMF? This, of course, was a question bandied about at the recent G20 Summit hosted by George Bush in New York last weekend, though no decisions were taken. Japan promised to throw a bunch of money at the Fund, which is sorely in need of it amidst the present world economic turmoil, and it was gently suggested that China might also like to contribute a portion of its oceanic foreign reserves.
Perhaps China should, but there seem to be a lot of questions it wants answered before it does. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: China, end of US empire, IMF reform | Leave a Comment »
Posted by smeddum on November 11, 2008
China: Protecting domestic economy is top priority
11/11/2008
BEIJING (AP) — China’s government indicated Tuesday it would resist pressure to contribute to a global bailout fund, saying that ensuring the country’s economic stability is the most important step it can take to tackle the financial crisis. Read the rest of this entry »
Posted in Uncategorized | Tagged: China, IMF | Leave a Comment »
Posted by smeddum on November 4, 2008
China, Russia, Belarus renounce the US Dollar?
by Anatoly Gorev
Global Research, November 3, 2008
RIA Novosti – 2008-10-30
The recent meeting between Russian Prime Minister Vladimir Putin and his Chinese counterpart, Wen Jiabao, created a financial sensation. Wen said that the two nations could withstand the global financial crisis if they joined forces; Putin urged him to go farther and stop using U.S. dollars in Russian-Chinese settlements. Read the rest of this entry »
Posted in Financial crisis | Tagged: Belarus, China, reserve currency, russia | Leave a Comment »
Posted by smeddum on October 31, 2008
Latin America’s New Consensus
Foreign Policy In Focus
www.fpif.org
When the Mexican dictator Porfirio Díaz said the great tragedy of Mexico was that it was so far from God and so close to the United States, the comment summed up the long and tortured relationship between the Colossus of the North and Latin America. Read the rest of this entry »
Posted in Multipolar world | Tagged: Argentina, Ban Ki Moon, bolivia, Brazil, Chile, China, Columbia, Ecuador, europe, German Finance Minister, IMF, India, Iran, japan, Latin America, Lula, mercosur, Mexico, Multipolar world, need for multipolar world, new world order, NWO, Paraquay, Peer Steinburg, Peru, russia, South America, UNASUR, United Nations, United States, Uruquay, Venezuela | Leave a Comment »
Posted by smeddum on October 30, 2008
China ‘needs to take active role’
By Fu Jing (China Daily)
Updated: 2008-10-29 09:42
A top economist and leading bankers said yesterday that China should be an active player in rebuilding the battered international financial system in order to ensure a stable and mutually beneficial global economic order. Read the rest of this entry »
Posted in Uncategorized | Tagged: China, reserve currency | 1 Comment »
Posted by smeddum on October 29, 2008
Rise of the Rest
Pankaj Mishra London review of books
The Post-American World by Fareed Zakaria
The Second World: Empires and Influence in the New Global Order by Parag Khanna
In 1946, George Kennan, then the deputy head of the US mission in Moscow, sent a 5300-word telegram to Washington, hoping to alert his superiors to the threat of Soviet expansionism. Kennan had complained repeatedly and fruitlessly about what he saw as America’s indulgent attitude towards the Soviet Union, but for a crucial moment in 1946 his idea that the US should strike an alliance with Western Europe in order to contain Soviet Communism found listeners in Washington. The so-called Long Telegram, subsequently turned into an article in Foreign Affairs, became the basis of the Truman Doctrine, which proclaimed America’s willingness to fight the spread of Communism, militarily as well as economically. Read the rest of this entry »
Posted in Multipolar world | Tagged: China, end of US empire, Multipolar world, russia | Leave a Comment »
Posted by smeddum on October 25, 2008
U.S. has plundered world wealth with dollar: China paper
Fri Oct 24, 2008
BEIJING (Reuters) – The United States has plundered global wealth by exploiting the dollar’s dominance, and the world urgently needs other currencies to take its place, a leading Chinese state newspaper said on Friday. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: China, US plunder | Leave a Comment »
Posted by smeddum on October 19, 2008
China blocking US anti-Iran efforts
Fri, 17 Oct 2008 07:07:03 GMT Press TV
Bushehr nuclear power plant
China has hampered US efforts to convene permanent UN Security Council members plus Germany to discuss new sanctions against Iran. Read the rest of this entry »
Posted in Iran | Tagged: China | Leave a Comment »
Posted by smeddum on September 27, 2008
China banks told to halt lending to US banks-SCMP Reuters
BEIJING, Sept 25 (Reuters) – Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday. Read the rest of this entry »
Posted in Financial crisis | Tagged: China, liquidity | Leave a Comment »
Posted by smeddum on September 24, 2008
Associated Press
By CHRISTOPHER BODEEN – 7 hours ago
BEIJING (AP) — China and Venezuela hailed rising oil exports and growing energy cooperation during a visit to Beijing by Venezuelan President Hugo Chavez that lent him a new platform from which to criticize Washington. Read the rest of this entry »
Posted in Multipolar world | Tagged: Chavez, China, Oil, russia | Leave a Comment »
Posted by smeddum on August 29, 2008
China Nabs Gold In Iraq Oil Race Forbes
Tina Wang, 08.28.08, 6:40 PM ET
In the race among global oil majors to re-enter Iraq, China scored the first win.
While Western oil firms have been trying to access the world’s third-largest oil reserves since the 2003 U.S. invasion, state-run China National Petroleum Corp. secured the post-Saddam government’s first major oil contract. The $3 billion oil services deal, signed Wednesday, revised the terms of a 1997 agreement to pump oil from the Adhab oil field. The contract replaces a production-sharing arrangement with set-fee technical services. Read the rest of this entry »
Posted in Iraq, Uncategorized | Tagged: China, Iraq, Oil | Leave a Comment »
In These New Times 