The US received a major blow to its global hegemony, and one which is sure to trigger more fighting talk from hawks in Washington. This week it was announced that China has established a ‘payment versus payment‘ (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we’re told, is to to “reduce …
Continue reading DOLLAR BLOW: China Launches New ‘Yuan-Ruble’ Payment Mechanism
In May, 2017 the Prime Minister of India refused to participate in the founding meeting in Beijing of the ambitious Belt-Road Initiative (BRI), the network of high-speed rail and deep water port linkages across the Eurasia land mass. The official reason given was that China had gone ahead with her neighbor state and long-term ally, …
Continue reading The Transforming China-Pakistan Economic Corridor
US Defense Secretary James “Mad Dog” Mattis has just stated that the US is considering revoking Pakistan’s status as a non-NATO ally. Pakistan joined a club of US partner which are given non-NATO ally status in 2004. Being classed as a non-NATO ally gives nations outside of Europe and Europe’s often controversial near-abroad, similar rankings …
Continue reading US May Revoke Pakistan’s “Non-NATO Ally” Status
As is well known, India is the main competitor of China in Asia. This has recently been most evident in the way India has related to the Chinese One Belt and One Road Initiative. Realizing the importance of international transport corridors for economic development and maintaining stability in the world, India nevertheless rejected the invitation …
The EU’s policy of “replacement migration” is an economic failure and threatens to undermine China’s New Silk Road strategy for Europe by diminishing the continent’s much-needed consumer market potential, which should thereby serve as an impetus for Beijing to consider investing in social programs there as a means of encouraging replacement fertility for the EU’s …
Continue reading The EU Needs a Three-Child Policy – And China Should Pay for It!
The Bannonite wing of the new American right is angry about China. The anger stems primarily from the fact that China’s manufacturing has outpaced that of the US and economies similar to that of the US, which in turn has arguably been a cause of US industrial decline. Steve Bannon recently gave a speech in …
Continue reading America Fears China’s Geo-Political Power More Than China’s Economic Might
Sixteen years after 9/11, and the subsequent US bombing that toppled the Taliban, where do we stand? Osama bin Laden is no more. Al-Qaeda is not in Afghanistan but swarming Idlib province in Syria, metastasized into Hayat Tahrir al-Sham (HTS), the former Jabhat al-Nusra; 30,000 jihadis with combat experience who absorbed brigades from other “moderate …
During Donald Trump’s successful campaign to become President of the United States, both Trump and his then adviser Steve Bannon spoke a great deal about the following: –Increasing exports –Increasing the sales of US made products domestically –Increasing employment –Increasing the wages of the domestic workforce –Seeing trade in economic rather than ideological terms Now, …
Donald Trump’s 2016 election victory signalled an about-face for American foreign policy. With control of the US military apparatus temporarily wrested from its spy agencies for the first time since Truman kicked off the Cold War, the strategists behind Trump’s MAGA platform have been far more focused on waging economic war on China and Latina America …
Continue reading America’s Long War: US Tightens the Noose on China
