Posted by seumasach on December 28, 2011
28th December, 2011
The China-Japan agreement to stop using the dollar, or any other currency, in their bilateral transactions was a very strong blow to the US financial standing in world affairs. To a lesser degree this Chino-Nippon agreement is also detrimental to the Eurozone.
Posted in Multipolar world | Tagged: china-Japan currency agreement, sino-japanese relations | Leave a Comment »
Posted by seumasach on December 26, 2011
Japan is amongst those countries we like to regard as our allies and whose importance is magnified by our fallout with Europe. But, inevitably, Japan is moving closer to China, motivated by practical considerations. Pragmatism prevails in an increasingly multipolar world, whereas we continue to bet on influence based on our outmoded neo-liberal ideology.
25th December, 2011
Chinese and Japanese leaders pledged to strengthen bilateral financial cooperation, and the two countries will facilitate the use of their currencies in cross-border trade settlements, China’s central bank said Sunday.
Posted in Multipolar world | Tagged: sino-japanese relations | Leave a Comment »
In These New Times 