Posted by seumasach on March 22, 2023
M.K.Bhadrakumar
21st March, 2023
China’s mediation to normalise Saudi-Iranian diplomatic ties has been widely welcomed internationally, especially in the West Asian region. A clutch of unhappy states that do not want to see China stealing a march on any front, even if it advances the cause of world peace, mutely watched.
Posted in Global peace process, Multipolar world | Tagged: Chinese soft power, Saudi-Iran deal | Leave a Comment »
Posted by seumasach on May 9, 2021
Welcome to the Multipolar World Order! Arden’s crime is to choose strategic autonomy rather than hanging on to the dead end of the post-WW2 system. The New Cold War benefits no one but a small coterie linked to the military/industrial complex. Despite a huge ideological offensive peace risks breaking out!
Con Goughlin
21st April, 2021
Posted in Disband NATO!, Multipolar world, New Cold War | Tagged: Chinese soft power, Five eyes Network], Jacinda Ardern | Leave a Comment »
Posted by seumasach on November 10, 2019
3rd November, 2019
China has high ambitions for its state-controlled digital currency.
I wrote two months ago that its central bank digital currency could be imminent. And since foreign adoption of the yuan has been tepid so far, the technology also represents a massive bid to accelerate the internationalization of yuan.
Posted in Currency Wars | Tagged: Chinese soft power, demise of dollar, gold-backed cryptocurrency, gold-backed yuan | Leave a Comment »
Posted by seumasach on December 4, 2018
Cailein Bochanan
4th December, 2018
The G20 summit meeting between Trump and Xi has ended on an upbeat with the declaration a truce and a 90 day period in which to consolidate a deal. Xinhua has welcomed what it describes as a consensus in rather glowing terms
Posted in Global peace process | Tagged: Chinese soft power, End of empire, retreat from empire, trump agenda, us -china strategic partnership | Leave a Comment »
Posted by seumasach on August 27, 2018
Alastair MacLeod
22nd August, 2018
Last week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against these weak currencies, as well as commodities and gold, on the basis the long-expected squeeze on dollar liquidity is finally upon us.
Posted in Currency Wars | Tagged: Chinese soft power, de-dollarisation, demise of dollar, dollar, End of empire, Russian diplomacy | Leave a Comment »
Posted by seumasach on June 11, 2018
“A secret plan to break up the West would also have the United States looking for new allies to replace the discarded ones. The most obvious would be Russia”
The most obvious would be China. Trump wants the factories back home which means in practice Chinese inward investment: China would invest directly into the USA rather than sell directly. This makes sense of Trump’s tariffs which would otherwise just be destructive. It’s true that the USA has a tradition of developing industry behind tariff barriers but that requires investment. At the end of the 19th century that came largely from Britain: now it can only come from China. At the same time, if the peace process with North Korea is successful China will come out in good light facilitating the above process. Trump has turned the world upside down. Can he put it together again?
10th June, 2018
The alliance between the United States and Western Europe has accomplished great things. It won two world wars in the first half of the 20th century. Then it expanded to include its former enemies and went on to win the Cold War, help spread democracy and build the highest living standards the world has ever known. President Trump is trying to destroy that alliance.
Posted in Global peace process | Tagged: Chinese soft power, End of empire, retreat from empire, trump agenda, us-china partnership, US-China: clash of world systems | Leave a Comment »
Posted by seumasach on June 6, 2018
Mahbubani states the obvious: “The era of Western domination is coming to an end.” Western elites, he adds, “should lift their sights from their domestic civil wars and focus on the larger global challenges. Instead, they are, in various ways, accelerating their irrelevance and disintegration.”
Pepe Escobar
6th June, 2018
Ahead of the crucial Shanghai Cooperation Organization (SCO) summit in Qingdao this coming weekend, three other recent events have offered clues on how the new world order is coming about.
Posted in Multipolar world | Tagged: Astana economic forum, BRICS(Brazil-Russia-India-China-South Africa), China’s CIPS (Cross-Border Interbank Payment System, Chinese soft power, End of empire, Eurasian Economic Union (EAEU), Kishore Mahbubani, St. Petersburg International Economic Forum (SPIEF) | Leave a Comment »
Posted by seumasach on May 27, 2018
Frank Sellers
German Chancellor Angela Merkel’s visit to Beijing this week gives us some important details about what is moving the cogs of her foreign diplomatic and trade relations agenda. Merkel has several reasons, both politically and economically to make this journey.
Posted in Battle for Europe, Multipolar world | Tagged: china-germany economic cooperation, Chinese soft power, Germany-Russia-China alliance | Leave a Comment »
Posted by seumasach on May 3, 2018
“And then there are those 35,000 kilometers of highways and rail lines India wants to build over the next five years. Some India analysts are apparently wondering how to finance all that at an estimated cost equivalent to 3.4 percent of GDP.
That should be easy because the cost is just a little more than what China takes as a one-year trade surplus with India. So, China can recycle that money back to India to build modern infrastructure that would set the foundation for India’s sustainable, faster and balanced growth.”
Recycling the trade deficit as inward investment is a brilliant idea, a win/win idea and one which can be applied equally to other countries which habitually run a large trade deficit with China, most notably, the USA and the UK.
4th April, 2018
Trust is an economic variable sounded like an echo swirling around Wuhan’s East Lake in China as President Xi Jinping was hosting last Friday and Saturday Indian Prime Minister Narendra Modi for an “informal,” “heart-to-heart” summit.
Posted in Multipolar world | Tagged: asian integration, Asian Investment Development Bank, BRICS(Brazil-Russia-India-China-South Africa), Chinese soft power, india -china partnership, recycling trade deficits | Leave a Comment »
Posted by seumasach on March 14, 2018
In 1421 , when Europe was becoming possessed by the imperial idea, China specifically reject that despite it’s global preeminence on the basis of so many factors. This choice is crucial: on the on hand China itself was, as a result, subjected to imperial domination; on the other , it understood possibilities of another kind of internationalism. It’s moment has come!
Pepe Escobar
14th March, 2018
The geopolitical focus of the still young 21st century spans the Indian Ocean from the Persian Gulf all the way to the South China Sea alongside the spectrum from Southwest Asia to Central Asia and China.
Posted in Multipolar world | Tagged: Chinese soft power, globalization without empire, The Chinese century | Leave a Comment »
Posted by seumasach on March 7, 2018
“The idea is not to keep foreign goods out, but to induce foreign companies to move production here.”,
I also assume that is the idea: otherwise it can only be pure madness. America’s rapid growth towards the end of the 19th century was also the result, not just of tariffs but of inward investment- in that case, from Britain who had decided to outsource the empire after the defeat of the Confederacy in the Civil War. Today, foreign investment provides the key to the reindustrialization of the USA and it is China in particular who can play that role. Prepare to hear Trump ringing out the slogan”The jobs are coming home!”
Patrick J.Buchanan
5th March, 2018
From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen.
Posted in Multipolar world | Tagged: Chinese soft power, deindustrialization of USA, strategic partnership between US and China, tariffs and inward investment, trump agenda, Trump's pivot to Asia, US-China: clash of world systems | Leave a Comment »
In These New Times 