Europe Solidaire Sans Frontières
, by CHULUUN Tuugi
Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
The Chinese economy’s sheer size and rapid growth are impressive.
China maintained one of the highest economic growth rates in the world for (…)
, by SCMP Editorial
China scored a win with the IMF assigning a higher weight to the yuan in its special drawing rights currency basket. But the currency still has a long way to go before it can challenge the global status of the euro and the US dollar
China has scored a win as the International Monetary Fund (…)
, by TUGENDHAT Henry
China’s hi-tech firms are challenging the west’s belief in the free market’s ability to innovate.
The US military is one of the most powerful forces of state-financed technological innovation in the world. It has produced such important innovations as the internet, GPS technologies and LCD (…)
, by BERMINGHAM Finbarr
• Trade deal and tech war are in ‘parallel universes’ with minor progress on tariffs a mere sticking plaster in wider deterioration, academic says
• Report states that decoupling is inevitable in the crucial semiconductor space, with a ‘new era of techno-nationalism’ set to shake up global (…)
, by MENG Jing, ZEN Soo, ZHANG Jane, ZHOU Zhou
• China was not that far behind the West in semiconductors in the 1970s, but fell behind
• Semiconductor veteran says the mainland is at least two to three generations behind the US and Taiwan
Semiconductors represent the cornerstone technology of the information age. These tiny devices (…)
, by McKERN Bruce
Businesses and governments around the world are watching as China grows, innovates and extends its influence. We explore how the country got to where it is and what might be in store for its future in our series Understanding China’s Influence.
Most of us use products made in China every day (…)
, by GOLUB Philip S.
Despite worries over the end of the Chinese economic miracle and harder times because of the aftershocks of the 2008 financial crisis, global rebalancing is happening — and quickly.
The International Monetary Fund’s executive board announced on 30 November that the Chinese currency, the (…)
, by PAN Xiaoming
Beijing takes a strategic approach on free trade agreements, particularly in the face of challenges such as the TPP.
The past decade saw China become deeply integrated into the global economy, following its accession to the World Trade Organization in 2001. In addition to removing trade (…)
, by SANUK Jean
While North America and Europe were hard hit, China has resisted the international crisis of 2008 thanks to a rescue plan which combined huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.4% in 2010, dragging in its wake Asia and (…)
, by HUNG Ho-Fung
This article containes several figures, graphs and tables which are not reproduced here. To see them, go to the New Left Review original version: http://www.newleftreview.org/?view=2809
The subprime mortgage crisis and ensuing global downturn led many to speculate whether any challenger might (…)
, by BELLO Walden
Will China be the “growth pole” that will snatch the world from the jaws of depression?
This is a question that has become a favorite topic as the heroic American middle class consumer, weighed down by massive debt, ceases to be the key stimulus for global production.
Despite the fact that (…)
, by BOYLE Peter
As the US, Japan and Europe slide into recession, the leaders of many smaller countries are desperately hoping that continued strong growth in the Chinese economy, which has contributed about 15 per cent of world economic growth in recent years, might save them from this meltdown.
There’s hope (…)
, by BELLO Walden
“The world [is] investing too little,” according to one prominent economist. “The current situation has its roots in a series of crises over the last decade that were caused by excessive investment, such as the Japanese asset bubble, the crises in Emerging Asia and Latin America, and most (…)
BEIJING’S pre-Christmas announcement of its readjusted 2004 gross domestic product (GDP) made an international stir and sent economists scampering to their calculating tables so they can revise their predictions concerning when China may overtake the US as the world’s biggest economy. There (…)
, by Focus on the Global South
If the organizers of the ongoing World Trade Organization ministerial chose Hong Kong as their venue because of the relative weakness of the local global justice or anti-globalization movement here, then they may be in for a major blowback. For with the political, intellectual, and personal (…)
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