Geography Archives: China

  • The Great China Currency Debate: For Workers or Speculators?

    Everyone is talking about China’s currency, it seems.  Amidst months of building tension, there is an apparent consensus among most economists, the financial press, and leading economic policy makers in the West that the renminbi is hugely undervalued, making China’s exports unfairly competitive.  The global imbalances created by such ‘mercantilist’ and ‘protectionist’ exchange rate strategies, […]

  • US-China Investment Treaty: A Threat to Stability and Growth in China

    Under the radar screen at the US-China Strategic and Economic Dialogue (SE&D) last month, the US and China continued to discuss a bi-lateral investment treaty (BIT).  If the final negotiated text looks like the majority of US BITs it could threaten financial stability and economic growth in China. The US and China began negotiations toward […]

  • Position Statement of Old Revolutionaries on the Present Upsurge of Worker Action in China

      Translator’s note: “Regarding the present upsurge of worker action in China, liberals have used their discursive power in the overseas media to frame the strike wave as a tale of workers’ struggle for ‘independent unions,’ as if this were a repetition of Solidarnosc.  What do Chinese workers want?  What is the direction of the […]

  • China’s Evolving Calculus on Iran Sanctions

    As the United Nations Security Council moves toward a vote on a resolution imposing additional sanctions on Iran over its nuclear activities, China is being remarkably silent, at least in public.  In the wake of the announcement of the Iran-Turkey-Brazil Joint Declaration in Tehran on May 17 and Secretary of State Hillary Clinton’s announcement in […]

  • Israel’s Attack on the Turkish Ships Complicates China’s Balancing Act on Iran and the United States

    President Obama’s already diminishing chances to “steamroll” the Iran-Turkey-Brazil Joint Declaration by ramming new sanctions against the Islamic Republic through the United Nations Security Council during the next few weeks got even smaller this morning, when Israeli naval commandos stormed Turkish-flagged ships in international waters off Gaza, killing at least 16 people in the process. […]

  • Managing Liberalization and Globalization in Rural China: Trends in Rural Labour Allocation, Income and Inequality

      Abstract: China’s integration into the global economy, while rapid, has been managed as part of a wider liberalization process.  The structural changes in the rural economy arising from these twin processes have led to widening intra-rural inequalities.  To address these, the central leadership has, in Polanyian manner, moved to counter some of the adverse […]

  • China, Global Imbalances and Global Restructurings

    Cf. See, also, Andrew Fischer, “On China” (MRZine, 29 March 2010). Andrew Fischer is Senior Lecturer at the International Institute of Social Studies of Erasmus University Rotterdam.  This PowerPoint file was presented at the IDEAs Conference on “Reforming the Financial System: Proposals, Constraints and New Directions,” Muttukadu, Chennai, India, 25-27 January 2010; it is reproduced […]

  • China Will Do Whatever It Wants to Do . . . about Its Currency and Iran

    The United States and China seem to have reached an agreement with regard to the exchange rate between their two currencies.  The agreement is that the U.S. government will stop yelling about it, and China will do whatever it wants to do, which will probably include some modest rise in the renminbi some time in […]

  • China Is Not on Board for Serious Sanctions against Iran

    In the midst of its Nuclear Security Summit and in the wake of President Obama’s bilateral meeting with China’s President Hu yesterday, the Obama Administration is vigorously spinning the U.S. and Western media that it has won Chinese support for new sanctions against the Islamic Republic over its nuclear activities.  To say the least, this […]

  • On the Nature and Implications of the Expanding Presence of India and China for Developing Asia

    Prabhat Patnaik: I think there is an important difference, it seems to me, between the situation in the case of the advanced capitalist countries, or even the case of Japan, on the one hand, and in the case of countries like India and possibly even China at the moment.  In the case of the advanced […]

  • On China

      Andrew Fischer: The Chinese oversaving, I think, is a false argument.  If you say it’s because of Chinese oversaving, what you’re basically implying is that Chinese households save a lot of money because their consumption is being repressed because of industrial policies in China that take money away from households and direct it toward […]

  • Headline: “Saudis Deny Discussing Pressure on China over Iran with US”

    Sometimes headlines really do convey powerful messages.  That was certainly the case with an AFP story, which appeared late last week under the headline, “Saudis Deny Discussing Pressure on China over Iran with US.”   The story was prompted by Secretary of Defense Robert Gates’ visits to Saudi Arabia and the United Arab Emirates last week. […]

  • Poverty Reduction in China and India: Policy Implications of Recent Trends

    China and India are generally regarded as the two large countries in the developing world that are the “success stories” of globalisation.  This success has been defined by the high and sustained rates of growth of aggregate and per capita national income; and the substantial reduction in income poverty.  Further, both China and India are […]

  • China, Europe, and Natural Gas in Iran

    Yesterday, President Obama declared that the international community is “moving along fairly quickly” toward imposing new multilateral sanctions on Iran.  Today, the Obama Administration followed that up by announcing new unilateral financial sanctions against individuals and corporate entities associated with the Revolutionary Guards.  The Administration proclaims that its “engagement” policy has been successful, after all, […]

  • Iran, China, and the Shanghai Cooperation Organization

    The new secretary general of the Shanghai Cooperation Organization (SCO), Muratbek Sansyzbayevich Imanaliev, said at a news conference in Beijing earlier this week that the conflict in Afghanistan and expanding the SCO’s members to include Iran and Pakistan were the top issues on the SCO’s agenda in 2010.  Certainly, these issues are likely to dominate […]

  • Hatoyama to Nanjing, Hu to Hiroshima?  The New Face of China-Japan Relations

      With the world economy’s center of gravity shifting from the West to the East, led by China’s rising economic and corresponding political power, the year 2010 may witness a series of epoch-making events in Asia. 日中首脳会談、「友愛」で外交デビュー Hatoyama (left) and Hu, 22 September 2009 A grand rapprochement between Japan and China could be one such […]

  • China to Send “Lower-level” Envoy to P5+1 Talks on Iran Sanctions

      In yet another demonstration of the (in)effectiveness of the Obama Administration’s quixotic quest to get China on board for what Secretary of State Hillary Clinton used to call “crippling sanctions,” the Chinese foreign ministry announced that Vice Foreign Minister He Yafei, who has been representing Beijing at meetings of the P5+1 political directors regarding […]

  • The Barefoot Doctors of Rural China

      Cf.  “In Mao’s era the health of the population was one of the country’s proudest boasts.  But the market-oriented reforms of the 1980s and 1990s gradually shattered the country’s social safety nets, including its once famous healthcare system, making it difficult for many rural and urban residents to afford treatment.  In reaction to this, […]

  • China Wins Struggle for Pipelinestan

      A common explanation for the US presence in Afghanistan is Washington’s interest in Central Asian fuel sources — natural gas in Turkmenistan and Uzbekistan and petroleum in Kazakhstan.  The idea of Zalmay Khalilzad and others was to bring a gas pipeline down through Afghanistan and Pakistan to energy-hungry India.  Turkmenistan became independent of Moscow […]

  • China, America, and the Economic Crisis

      Paul Jay: . . . How bad is unemployment in China now?  And how much worse might it get if the yuan were to appreciate? Minqi Li: Well, it’s reported that during the current crisis about 40 million Chinese workers have already lost jobs.  And, of course, if there is a further appreciation of […]