India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
As industrial agriculture encroaches into the last wild places of the Earth, it’s unleashing dangerous pathogens. We need to take urgent steps to heal the metabolic rift between ecology and economy.
Pakistan’s external debt and debt service burden continue to rise. The reason why the country is managing to stay afloat is because it is a strategic partner that cannot be dropped by the U.S. or China, occasional irritants and periodic disagreements notwithstanding.
If Joe Biden genuinely believes that climate change is an “existential threat”, it’s crucial that he stop the slide toward a new cold war with China and start working with Beijing to speed the transition to a green-energy economy focused on ensuring global compliance with the Paris climate agreement.
Pre-conditions now exist for a positive turn to the India-China bilateral relationship. But whether it will lead to peace and stability in short and medium term depends on a number of factors.
Professor Hudson discusses “Changes in Super Imperialism: The position of the USA & China in our Global Economic System”.
Vietnam has not bowed to American pressure to join the Quad. The result is that China and Vietnam’s economic relations have steadily prospered, and China is today Vietnam’s largest trading partner and the latter is China’s sixth biggest trading partner.
A less highlighted instrument that has contributed to China’s growing global influence in developing countries worldwide is bilateral currency swaps between China’s central bank and the central banks of these countries.
The escalation of the New Cold War offers an opportunity to rethink China’s dependence on an export-orientated economy and speedy financialization.
The leaderships in Moscow and Beijing have clearly done their homework while building their alliance attuned to the 21st century.
The visit of the Chinese Foreign Minister Wang Yi to Moscow on September 10-11, 2020 and the joint statement issued at the end of the visit stands out as a turning point in the evolution of the Sino-Russian entente. Part 2 of this three part article.
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