Posts by John Ross
Despite himself Trump admits the superiority of China’s socialist economy to capitalism
Major events, such as the Trump administration launching tariff aggression against China, inevitably ruthlessly cut away hollow rhetoric and allow the objective facts of a situation to be seen – including revealing how the different forces in a situation really judge it. A particularly striking example of this principle, with deep implications not only for…
Read MoreChina is now the main pillar of globalisation
The following article, showing the way China has become the main strategic pillar of globalisation, was written to analyse Xi Jinping’s visit to the World Economic Forum in Davos. However the article has not dated as the analysis has been vindicated by events following this. Anti-globalisation and protectionist tendencies were already developing in US policy before Trump’s…
Read MoreThe US is learning a trade war is truly ‘lose-lose’
The new round of high-level economic and trade consultations between China and the United States started in Beijing on 21 February morning against a background whereby the world, and the U.S., now has a more accurate understanding of the consequences of a “trade war”. When President Donald Trump initially launched tariffs against China, two perspectives were put…
Read MoreUS share markets fell… so Trump picked up the phone to China!
‘Mr. Trump has looked to calm markets, which have gyrated in recent days’ – that was the comment of the Wall Street Journal on the phone call between President’s Xi Jinping and Donald Trump on 29 December. The markets the Wall Street Journal was referring to in particular were US share markets. On 28 December,…
Read MoreThe new shape of world politics – disorder in the West, stability in the East
The following article on ‘The New Shape of World Politics – Disorder in the West, Stability in the East’ analyses the reasons for the Trump administration introducing tariffs against China and the background to the recent G7 and Shanghai Cooperation Organisation (SCO) summits. It was originally published in Chinese by Sina Finance Opinion Leaders, therefore some issues…
Read MoreChina’s socialist ‘reform and opening up’ improved the lives of a greater proportion of humanity than any other country in human history
An earlier article in this series marking the 40th anniversary of China’s ‘Reform and Opening Up’ showed that China since 1978 is the fastest sustained growth by a major economy in human history. But this historic fact, although extraordinary in its own right, actually considerably understates the immense scale of China’s achievement. The reason for this…
Read MoreThe real sinister relation of the US & ‘jihadism’?
Even before the recent horrific terrorist attacks in Europe, Mali and other places, the purpose of the U.S. “war on terror” as stated in words was to fight “Islamic terrorism” and “jihadism.” But facts show each time the U.S. and its allies have launched a war in the Middle East it has been followed by a…
Read MoreThe ‘Belt & Road’ region will be the main locomotive of the world economy
The importance of the Belt and Road (B&R) summit for China and participating countries is well known. What is not so widely grasped is that the B&R region is now by far the most powerful locomotive not only of the regional but of the global economy. To be precise: Measured at current exchange rates the…
Read MoreNew economic data shows disorientation of US foreign policy analysts
The IMF published this week the update of …
Read MoreWhy did China grow so fast?
My article ‘China’s socialist model outperforms capitalism’ established factually two key conclusions for global economic and social development. First, that the fastest growing economies since the putting forward in 1989 of the ‘Washington Consensus’ (excluding oil-production dominated economies or countries with populations under 5 million) were not those following this model advocated by the IMF/World Bank…
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