Search Results for: debt

Antoaneta Bezlova: News from greater China; Hong Kong and Taiwan

From Asia Times Online: “As a year of subtle but significant geopolitical shifts draws to an end, China looms ever larger in a world unable to decide whether its rise is an opportunity or a threat. For better or worse, every ripple from this giant economy, which is driven by the fast-expanding needs of its […]

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Bolstering China’s Banks

An article in this issue of Business Week said: “Beijing seems serious about reform, and bad-loan burdens are easing.” The Chinese have proved again and again in recent years that when it comes to business, it’s a mistake to underestimate them. The latest example is the banking system, declared by analysts as recently as a […]

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Beijing tells spendthrift US to put its own house in order

From the Financial Times: China’s growing economic influence is such that its central bank – an important buyer of US government debt – now feels confident enough to offer blunt advice to Washington and even criticism of American statecraft. Li Ruogu, deputy governor of the People’s Bank of China (PBoC), said Washington was now blaming […]

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Russian lesson for Chinese reforms

In Asia Times, Qiu Xin wrote: “As China and Russia draw closer economically, especially in energy cooperation, Chinese economists are studying the two nations’ sweeping, but very different economic reform models. ”

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China fights UN sanctions on Sudan to safeguard oil

Jasper Becker wrote on the Independent today: “China is trying to stop the United Nations imposing sanctions on Sudan over the crisis in the Darfur regionto protect its oil imports from the country, say western diplomats. For the past six years Beijing has been the Sudanese government’s main backer, buying 70 per cent of its […]

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Kofi Annan’s speech at Qing Hua University

Here is the full text of the UN Secretary-General’s speech at Qing Hua on October 11, 2004. He highlighted issues of poverty, disease, and environmental degradation in his speech. THE SECRETARY-GENERAL SPEECH AT QING HUA UNIVERSITY Beijing, 11 October 2004 Ladies and Gentlemen, It is a great honour for me to speak at one of […]

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China and a global power shift in the making

James F. Hoge, Jr. , editor of Foreign Affairs, just published an article on Foreign Affairs, entitled “A Global Power Shift in the Making.” He augured in his article that “global power shifts happen rarely and are even less often peaceful. Washington must take heed: Asia is rising fast, with its growing economic power translating […]

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