The End of Dollar Hegemony
This interview focuses on the impact of US sanctions and Russian countersanctions on the position of the dollar and US economic power.
China | Economy | Online Blog
A ‘Red’ New Deal for China?
A look at what lies behind China’s recent economic policy pronouncements – and to what extent they can be considered to be progressive.
American Capitalism Demands the Infection of China
On a day that the United States recorded 2,997 COVID-19 deaths, the New York Times published an op-ed by two former Biden administration advisers calling China’s decision to prioritize saving lives a “mistake” and extolling the benefits of “natural immunity through infection.”
China Launches Global South Economic Alliance to Challenge U.S. ‘Unilateralism’ and ‘Cold-War Mentality’
China is leading an international effort to develop alliances to counter U.S. hegemony. This January 20, China’s mission to the UN launched a new, economic diplomatic alliance, called the Group of Friends of the Global Development Initiative.
China | Print Edition | USA | World Economy | World Politics
Putin and Xi Plot Their SWIFT Escape
Putin and Xi have agreed to create an “independent financial structure for trade operations that could not be influenced by other countries.” This may be announced by a joint summit before the end of 2022. This is a stunning game-changer in more ways than one.
China’s Lockdown in Xi’an Suppressing Covid-19 Outbreak
The lockdown underway in the Chinese city of Xi’an demonstrates again that public health measures combined with vaccination can suppress COVID-19 outbreaks. It stands in stark contrast to the disastrous policies of the USA and other governments that have allowed the virus to run rampant through their populations.
Capitalism | China | COVID19 | Online Blog | World Economy | World Politics
China Shows it Is Possible to Beat Covid
A compilation from two articles: China, with 1.4 billion people, has kept total cases below 100,000 and total deaths below 5,000. By comparison, the United States, with less than a quarter of the population of China, has had more than 50 million cases and 800,000 deaths.
China | Imperialism | Online Blog | Terrorism | USA | World Economy | World Politics
U.S. Shouldn’t Be Invited to Summit for Democracy, Let Alone Be its Host
While opting to snub Russia and China from the summit, the US has invited many countries which can hardly be classified as democratic: from apartheid Israel, to Brazil, whose leader Jair Bolsonaro this summer declared that “only God can oust me.”
Rich Countries Blamed as New Covid Variant Sparks Global Alarm
Allowing new variants to emerge and spread, 13 months into the vaccine era, is a policy choice by the rich world.
Capitalism | China | COVID19 | Economy | Online Blog | World Economy | World Politics
A Note on Present Situation of Covid-19 in China and Their Strategy of Combating it
There are many foreign news channels who propagate that the corona pandemic has been spreading in China in recent times. But that is because the Chinese use the words “resurgence of covid” even when there are only a few Covid cases in China. The Chinese are following a zero tolerance policy.