Category Archives: China

US-China Struggle for DR Congo Resources Intensifies

The Democratic Republic of Congo’s estimated $24 trillion of untapped mineral resources is coveted by both the US and China as rivalry heats up.

Bloomberg Describes Europe’s Severe and Sustained Energy Crisis Due to Loss of Russian Gas

Bloomberg is countering the prevaiing cheery narrative that Europe can muddle through its ongoing energy crunch.

US Heavy-Handedness Forges Russia-Iran-India Ties

This Asian north-south bloc grows stronger in response to Washington’s efforts to maintain hegemony, and as Sir Halford John Mackinder said, “Who rules the world island commands the world.”

Japan and the Netherlands Join US Efforts to Cut Off China from Advanced Chips

Japan and the Netherlands are joining the US in tightening controls over the export of advanced chip-making machinery to China.

China’s New Space Station Opens for Business in an Increasingly Competitive Era of Space Activity

The International Space Station is no longer the only place where humans can live in orbit.

Dethroning the Dollar: What Governments Propose, IT Disposes

Why the road away from the dollar will have many twists and turns.

Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time

Why the dollar’s demise is not around the corner.

The Russian Oil Price Cap Isn’t as Simple as It Seems

The harder your look at the Russian oil price cap, the uglier it looks.

Rich Nations Doubly Responsible for Greenhouse Gas Emissions

How the greenhouse gas emissions blame game pits advanced economies against developing ones.

Trying to Make Sense of China’s Protests

Western media is overhying the China protests. But to what degree?

EU Gets Tough on China as US Steals European Industry

European leaders have spent all year getting tough on China while the US has been preparing to steal their industry out from under their noses.

Will Japan and South Korea Learn From US Allies in Europe?

Washington works to enlist Tokyo and Seoul in its efforts to contain Beijing, but will Japan and South Korea end up suffering more than China?

Washington’s Woman in Berlin: How Germany’s Foreign Minister Is Helping the US Crush the German Economy

German Foreign Minister Annalena Baerbock is willing to sacrifice her country’s economy and standard of living in order to march lockstep with the US against Russia and China.

Debunking the Petrodollar Myth: Pricing Oil in Dollars Is Just a Convention

The term petrodollar has come to have talismanic value. Time to instill some reality.

Real Progressives Live with Michael Hudson: The Destiny of Civilization

Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.