Geography Archives: China

Trade disputes with China have been heating up lately, but there really is no reason for the hostility.  Essentially the dispute boils down to the fact that China wants to subsidize the consumption of people in the United States and elsewhere, by propping up the value of the dollar. This is raising objections from the […]

  In 2009, the European Union, United States and Mexico filed a complaint with the World Trade Organisation (WTO) against China’s export restrictions on certain raw materials, including bauxite, coke, fluorspar, silicon carbide and zinc.  They said that, firstly, these constraints — in the form of export taxes, quotas, licences and so on — caused […]

  Steve Nettleton: Now, emboldened by new labor laws and a strong economy, more workers are taking a stand to demand higher salaries and better benefits. . . .  The unrest comes as a new wave of workers in their twenties take their turn to fill the factory payrolls.  They are the first generation born […]

The Foundation for Defense of Democracies (FDD), a Washington, DC-based neoconservative “think tank” that has consistently promoted hard-line policies against the Islamic Republic, came out with what it describes as “a comprehensive report . . . identifying 10 major Chinese energy companies that continue to do business with Iran in spite of international sanctions.”  According […]

  Excerpt: [T]he conventional growth accounting based on the national income identity does not provide an adequate framework for assessing the contribution of components of demand to growth.  The standard exports/GDP ratio overestimates the income (value-added) generated by exports because it ignores the foreign (import) contents of exports, which tend to be particularly high in […]

I. Commonalities At the time of their casting off of colonialism — India gaining independence from Britain in 1947, China putting an end to a century of imperialist domination in 1949 — the two largest countries in Asia shared many common characteristics.  Each possessed an enormous continental landmass with a population in the hundreds of […]

  Two weeks ago, the 10th Shanghai Cooperation Organization (SCO) Council summit, held in Tashkent, Uzbekistan, approved the SCO Rules of Procedure and the regulation on procedure for future membership expansion. Before the summit, Chinese diplomats ritually pointed out that approval of the admission regulations was the first step in forming the basis for a […]

  This month, the United Nations Security Council (UNSC) passed a resolution to tighten sanctions on Iran, imposing a ban on arms sales and expanding a freeze on assets of the Islamic Revolutionary Guards Corps in response to the country’s uranium-enrichment activities, which Tehran says are for peaceful purposes but other countries contend are driven […]

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, […]

  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 […]

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 […]

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 […]

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. […]

  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 […]

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 […]

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 […]

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 […]

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 […]

  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 […]

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. […]