The U.S. knows from its experience in defeating Germany, Japan, and the Asian Tigers that a decisive way to slow a competitors growth rate is to get it to reduce its level of investment. The problem for the U.S. is that it has no means to force China to reduce its level of investment.
As the US pushes for a major power conflict in the Asia-Pacific, it is essential to develop lines of communication and build bridges towards mutual understanding between China, the West, and the developing world.
A new international edition of the leading Chinese journal, Wenhua Zongheng, has been launched. It is a key opportunity for people across the world to engage with and learn from key discussions and debates on the Chinese left.
China’s diplomacy has secured an agreement which foreshadows a new period of world history. The new détente between Tehran and Riyadh could lead to a major realignment in the Middle East.
China’s peace plan corresponds to the interests of the majority of humanity who want to avoid an escalation of a proxy war involving nuclear armed states and instead focus on building a peaceful and prosperous future.
The present global economic situation is largely defined by the by the extremely negative consequences of the U.S. stimulus programs.
These consequences are fully in line with economic theory.
Clarity on these economic issues is crucial.
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