The Chinese Banking System: Much More Than a Domestic Giant
Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Category Archives: China
Trump’s China Policies Are Working a Treat
Trump’s trash talk re China looks have led China to have allowed the yuan to rise. Will that be enough to improve its US trade balance?
Read more...China: The Aging Dragon
The weight of the policies from previous decades hangs over China as it attempts to confront an upcoming demographic crisis
Read more...China Fails to Woo U.S. With Financial Sector Opening
Why is the US cool about concessions from China that the US has long sought?
Read more...Bitcoin -> Energy Use -> Pollution
Bitcoin uses a computation system to prevent fraud, but computation takes energy, which damages the environment, all at an increasing rate.
Read more...Trump’s “$250 Billion” of China Trade Deals: As Usual, Hype Greatly Exceeds Reality
Trump’s much ballyhooed China trade deal gives way less than meets the eye.
Read more...Michael Hudson: Socialism, Land and Banking: 2017 Compared to 1917
Why did socialism lose out in the 20th century to rentiers promoting neoliberalism?
Read more...Fast Fashion: Magical Shift in Consumption Patterns Will Save the Planet?
Forbes thinks that emerging markets consumers might save the planet from fast fashion folly. Ahem. I’m not so sure.
Read more...North Korea: Are Sanctions Working?
Experts have said a military response North Korea’s belligerence is not viable. Is the current economic approach likely to succeed?
Read more...Steve Bannon v. Blinkered Economists on “Free Trade”
Macroeconomists are making Steve Bannon look good.
Read more...G20 Climate Commitments and China’s One Belt One Road
A critical look at some wishful thinking about climate change and China’s One Belt One Road initiative.
Read more...The Two Capitalisms: Electric Batteries as a Case Study in US Magical Thinking vs. Chinese Vertical Integration
Electric vehicle batteries illustrate how the Chinese use control of raw materials and end markets to built vertically integrated industries.
Read more...US to Bar its Citizens from Travel to North Korea: What Comes Next?
Today North Korea, tomorrow– who knows? US ban on travel by its citizens to North Korea revives a problematic Cold War practice.
Read more...Capital Accumulation, Private Property, and Inequality in China, 1978-2015
This column presents the first systematic estimates of the level and structure of China’s national wealth since the beginning of the market reform process
Read more...The Chinese Debt Time Bomb
The latest debt data out of China adds to the expected end-game of a big reversal of fortunes.
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