Category Archives: China

After Much Posturing, US Imposes (So Far) Underwhelming Sanctions Against China for Russia Trade

After sending Yellen and Blinken to China to make threats, the Administration has imposed some strikingly weak sanctions

String of Conveniently Timed Spying Cases in Germany Influence EU Elections, Undermine Chancellor’s China Efforts, and Spread Fear of Russian Fifth Column

Spies, spies everywhere.

James Galbraith: Industrial Policy Is a Good Idea, but So Far We Don’t Have One

Industrial policy, despite recent lip service, is out of favor because doing ambitious things isn’t lucrative enough for the right people.

US Strategy for Great Power Competition: More Graft and Hope for Wonder Weapons

Venture capital and private equity are playing a larger role in the military-industrial complex leading to even more corruption, lack of accountability and the swallowing up of young minds by the Silicon Valley money pit.

China Anti-Espionage Laws Threaten Pharma Supply Chains and Multinational Manufacture in China

New anti-espionage laws in China could make an increasingly tenuous situation for Western drug buyers even worse.

Will the American Oligarchy Accept Limits or Choose World War Three?

Putin has said Ukraine conflict is existential threat to Russia, but there are signs the Western capitalist class is dealing with their own existential crises. Will their greed get us all killed?

Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction

Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.

Real Energy Transition Costs Could Spell Danger for EU

The EU is belatedly confronting the costs of their much-touted energy transition. Pols and voters are balking at the bill.

No Exit: Western Imperialism, Capitalism, and Industrialization

Is industrialization the original sin of both capitalist and Communist/socialist economic systems?

BRICS Enlargement – a “Non-Event” or a Stage Victory Against the West?

What does BRICS want to be when it grows up?

China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids

How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.

“On a Relative Scale, There’s a Strong Case that Financialization Is Worse in the PRC than the US”

On a relative basis, China is more financialized than the US which is not a pretty picture.

Yellen Trip to China: Biden Administration Presumption and Cluelessness on Display

The US is at it again with China, despite acting like it wants to repair fractured relations.

China Prepares in Central Asia to Withstand Any Western Isolation Efforts

Beijing is strengthening land supply chains in case the West tries to disrupt its seaborne commerce.