Michael Hudson: The IMF Changes its Rules to Isolate China and Russia
How the West is deploying the IMF to fight the nightmare scenario of US geopolitical strategists: foreign economic independence from the US.
Read more...Category Archives: China
Connecting American Foreign Policy to Economic Policy
Can American foreign policy be made to work better for US citizens (outside the arms industry) and the rest of the world?
Read more...Ilargi: The Great Fall Of China Started At Least 4 Years Ago
Why China’s slowdown and exported deflation started far earlier than most pundits and analysts would have you believe.
Read more...The TPP is a Multi-Dimensional Simultaneous Equation
How Japanese Prime Minister Abe’s remarks to the DIet about the TPP reveal a lot about the aims of this deal and its vulnerabilities.
Read more...George Washington: The 6 Reasons China and Russia Are Catching Up to the U.S. Military
It’s a wonder the US was able to maintain its military dominance as long as it has, given the scale of looting.
Read more...China’s Raging Bond Bubble Exposed
Yet another China risk warning.
Read more...Failure of Globalization and the Fourth Estate
“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...How Much Longer Can The Oil Age Last?
Even with the cost efficiency of renewables being much higher than many realize, major energy buyers don’t act as if the oil age is ending soon.
Read more...Trans-Pacific Partnership: Should the Key Losers – China and Europe – Join Forces?
Can China and Europe forge a pact to undercut the impact of the Trans-Pacific Partnership?
Read more...Is Russia Plotting To Bring Down OPEC?
Can Russia succeed in creating an anti-Saudi bloc to split OPEC by taking advantage of having oil supplies less vulnerable to transit risk?
Read more...Glencore, Commodities Traders, and Systemic Risk
Mega commodities trader Glencore and its big peers are looking wobbly. How worried should you be?
Read more...Michael Pettis: If We Don’t Understand Both Sides of China’s Balance Sheet, We Understand Neither
China is a dynamic and unbalanced economic system entering into something that we might call a “phase shift”, or the rebalancing process.
Read more...Why is China finding it hard to fight the markets?
China’s market drama started in June this year with the collapse of the Shanghai stock exchange, followed by frantic interventions by the Chinese authorities. As if the estimated $200 billion already spent on propping up stock prices were not enough, China found itself in another battle with the market, defending the RMB against depreciation pressures after the PBoC devalued the RMB by nearly 2% on August 11. The cost of the foreign exchange intervention to keep the RMB stable is estimated at $200 billion.
Read more...Perry Mehrling: Defending the RMB
It’s hard to short China, but not so hard to short China’s currency, and that’s a problem for the central bank.
Read more...China Sneezes, Europe Catches a Cold
European stock prices, financial contagion and the trade exposure to China. How the turmoil in China’s stock market is affecting European stock markets through Europe’s trade exposure to China
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