Unfettered market fundamentalism has failed to deliver prosperity

By Marshall Auerback We are living in a time of prescriptions for America’s economic woes that carry little meaning. Forget what you hear on TV: Unfettered free trade, tariffs, de facto “open borders” immigration (a consequence of a political dysfunction that precludes genuine immigration reform), and market fundamentalism have done little to eliminate the paucity … Continue reading Unfettered market fundamentalism has failed to deliver prosperity

Making China great again

By Jan Krikke Before Chinese President Xi Jinping gave the green light for “Made in China 2025,” he should have consulted Sun Tzu’s classic manual The Art of War: “Move not unless you see an advantage; use not your troops unless there is something to be gained; fight not unless the position is critical.” What was … Continue reading Making China great again

Erdogan sees China as a partner for the future

Even as a US-Turkey stand-off cools, the Turkish leader is pursuing China as a long-term hedge against the West By Burcu Karakaş “We are facing an economic war. Do not worry, we will win it,” Turkish President Recep Tayyip Erdogan said during the presentation of his 100-day action plan in August, as a currency crisis … Continue reading Erdogan sees China as a partner for the future

The secret spy dinner behind coordinated assault on Huawei

Five-nation intelligence-gathering bloc steps up campaign to limit China's reach The arrest of Huawei executive Meng Wanzhou by Canadian authorities produced attention-grabbing headlines in recent weeks, but the police action is just one part of a coordinated effort to target the Chinese telecommunications giant. An account in The Sydney Morning Herald on Thursday describes how … Continue reading The secret spy dinner behind coordinated assault on Huawei

How the New Silk Roads are merging into Greater Eurasia

That’s irreversible. The dogs of demonization, containment, sanctions and even war may bark all they want, but the Eurasia integration caravan keeps moving along.

Russia is keen to push economic integration with parts of Asia and this fits in with China's Belt and Road Initiative By PEPE ESCOBAR The concept of Greater Eurasia has been discussed at the highest levels of Russian academia and policy-making for some time. This week the policy was presented at the Council of Ministers and … Continue reading How the New Silk Roads are merging into Greater Eurasia