Archive for May 2018
Why the economic reform succeeded in China & will fail in Russia and Eastern Europe
This article was written in April 1992 and originally published in Russian in September 1992 in Voprosy Economiki (Questions of Economics) in September 1992. The introduction to the article was written for a blog December 2008 and subtitles have been added to make the article more suitable for a website – otherwise it is unchanged. * …
Read MoreThe neo-con forces behind Trump’s Twitter attacks on China
Trump’s Twitter storm against ChinaOn 30 Jul…
Read MoreChina is right to maintain & tighten capital controls
During 2017 China has been tightening its capital controls to prevent any export of capital from the country not required for legitimate business expansion – that is China has been strongly acting against ‘capital flight’. This policy has been successful, with China’s foreign exchange reserves, already the world’s largest, rising for six months in a row – see…
Read MoreEurope’s crisis & the Euro – predicted in advance
IntroductionThe following article, published in September 1996, that is prior to the creation of the Euro, accurately predicted in advance from fundamental economic theory the basic contradictions in the way the Euro was created and the crisis it would lead to in Europe. It predicted: ‘The proposal to create a single European currency, through the methods…
Read MoreDeng Xiaoping & John Maynard Keynes
Introduction The international importance of China’s economy is twofold. The first is practical – the scale of China’s economic growth, its global impact, and the consequences for the improvement of the social conditions of China and the world’s population. The second is theoretical, including the potential international applicability of conclusions drawn from China’s economic policies.…
Read MoreWhy neo-liberalism destabilised US politics
Political destabilisationBoth the Anglo-Saxon coun…
Read MoreThe Relation of China’s Dream and the Human Dream
The following speech on why China’s economic, geopolitical and foreign policy thinking is the world’s most advanced, and on certain features of Chinese classical culture and its relation to the modern global order, was given by me to the 7th World Forum on China Studies in Shanghai. First, thank you very much for the…
Read MoreThe US is attempting to impose an international ‘economic dictatorship’
The US issuing almost simultaneously a series of economic ‘demands’ to China, and withdrawing from the nuclear arms agreement with Iran and re-imposing sanctions on that country, has now led to very wide layers understanding that actions by the US administration are at present attempting to de facto impose an international ‘economic dictatorship’.This is a…
Read MoreTrump’s tariffs against China are bad news for US farmers, companies and workers!
In drawing up its list of tariffs on $50 billion of Chinese products the Trump administration carefully tried to avoid one of the chief bad effects these tariffs will have on the US population by excluding many consumer goods from the list. This was clear proof the administration feared the hostile reaction from US…
Read MoreChina’s is the fastest growth by a major economy in human history – 40 years of China’s ‘reform and opening up’.
2018 marks the 40th anniversary of the beginning of China’s ‘reform and opening up’. This has produced in China the greatest economic achievement in human history – that statement is not meant as an exaggeration or as polite words, it is a simple statement of objective fact. The ‘Western media’ is forced to attempt…
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