Geography Archives: 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 […]

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. […]

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 […]

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, […]

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 […]

  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 […]

  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 […]

  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, […]

  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 […]

  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 […]

Mousavi, Rafsanjani, and their supporters get an F in foreign policy: “‘Death to China!’ and ‘Death to Russia!’ chanted supporters of presidential candidate Mir Hossein Mousavi during a sermon by influential former president Ali Akbar Hashemi Rafsanjani, according to news reports” (Kristen Chick, Christian Science Monitor, 17 July 2009). “Death to China!  Death to Russia!” […]

I It is possible to argue that the growth rate figures for both India and China are exaggerated.  But, we shall proceed by accepting them as correct.  The inequalities in both economies however have increased dramatically during this very phase of extraordinarily high growth, to a point where substantial segments of the population, particularly, but […]

Part 1 Part 2 Minqi Li is Assistant Professor of Economics at the University of Utah and the author of The Rise of China and the Demise of the Capitalist World Economy among other publications.  This lecture was delivered at the Marxist School of Sacramento on 21 May 2009. 

  The text below is composed of short excerpts from Kevin P. Gallagher and Roberto Porzecanski’s “China and the Latin America Commodities Boom: A Critical Assessment” (Political Economy Research Institute, 10 February 2009).  The full text of “China and the Latin America Commodities Boom” is available (in PDF) at <www.peri.umass.edu/fileadmin/pdf/working_papers/ working_papers_151-200/WP192.pdf>. — Ed. INTRODUCTION: China […]

  2008 — Annus Horribilis for the world economy — produced successive food, energy, and financial crises, initially devastating particularly the global poor, but quickly extending to the commanding heights of the US and core economies and ushering in the sharpest downturn since the 1930s depression. As all nations strive to respond to the financial […]

  The New Left in China Minqi Li: There has been dramatic change in terms of China’s intellectual life.  Back in the 1980s, among most of the intellectuals who were politically conscious or politically active, among most of the university students, it was dominated by neoliberal ideas. Paul Jay: The ideas of open markets, independent […]

  Part 1: “Winners and Losers in the New China” PAUL JAY: So my question is: that [1989-1990] was a very politically charged time.  The authorities felt  besieged.  Now people say things have relaxed, things have changed, to some extent.  How much have they changed?  In today’s China, could you still be arrested for making […]

Q1: Why are nearly all of your material possessions (clothes, kitchen appliances, computers, sneakers, electronics, etc.) made in developing countries?  Obviously, it’s cheaper.  And for many commodities, China is cheapest.  But is 57 cents an hour a decent wage in China? No, according to Judith Banister (November, 2005) at the U.S. Department of Labor, on the […]

As a red Toyota pickup made its daily delivery, masses of people gathered outside the brand-new blue and white subsidized bread kiosk near my building.  A rusty and dented Fiat also delivered unsubsidized bread to the small grocery store across the street at the same time.  Last Thursday, Egypt’s Central Agency for Public Mobilization and […]

“What I find a bit reprehensible is the tendency of certain Western voices to . . . raising concerns about China’s attempt to get into the African market because it is a bit hypocritical for Western states to be concerned about how China is approaching Africa when they have had centuries of relations with Africa, […]