Below is the official statement made by Chinese President Xi Jinping on the death of Fidel Castro. It is highly interesting as it could not offer greater praise to the Cuban leader. This indicates relations between Cuba and China and the character of the Communist Party of China itself. The message was formally addressed to Raul Castro, First Secretary of the Communist Party of Cuba.
The following article by John Ross, examining the significance of Donald Trump’s election for world trade, was previously published by Socialist Economic Bulletin.
Trump’s election as US President means 2016 is ending with a stark public contrast between the positions of China and the US on global trade. The US has its first president proclaiming support for protectionism since World War II, while China states its support for increased international trade and economic globalisation.
By Jude Woodward
The US foreign policy establishment is reeling after its strategy to reassert itself in Asia and contain the rise of China received a hammering from an unexpected quarter – its long-term ally, former colony and reliable stooge, the Philippines.
On 12 July, the Arbitration Court at The Hague handed down judgment on the case brought under the UN Convention on the Law of the Sea (UNCLOS) by the Philippines against China. In a pre-arranged declaration, the Court ruled comprehensively against China’s claims in the South China Sea.
A major discussion is taking place in China on the issue of its economy’s ‘supply side’. Naturally there are aspects of this which relate to specifically Chinese issues. Discussion in China also differs fundamentally from that in the West in that it takes place simultaneously in both ‘Western’ and ‘Marxist’ economic terms. Nevertheless the overall framework of this discussion equally relates to the key issues of economic policy in Western countries.
In the later part of the 20th century Latin America suffered an economic catastrophe from neo-liberal policies. Until 1993 average per capita GDP in developing Latin American economies remained below 1981 levels. By 1998 annual average per capita GDP growth was still only 0.9% – taking a five-year average to remove cyclical fluctuations.
A great deal of highly inaccurate material is currently appearing in the Western media about the ‘crisis’ of China’s economy – an economy growing three times as fast as the US or Europe. This follows a long tradition of similarly inaccurate ‘crash’ material on China symbolised by Gordon Chang’s 2002 book ‘The Coming Collapse of China’.
On September 3, China will stage a Victory Parade commemorating the Chinese People's War of Resistance Against Japanese Aggression and China's contribution to the World War against fascism. This is a solemn day for China and an opportunity for the world to better understand events that are not only historical in character but without which today's world cannot be comprehended.
The following article by Jude Woodward, assessing the US 'Pacific pivot' strategy following Obama's recent visit to Asia, originally appeared on her New Cold War blog.
Obama’s November week-long, whistle stop tour of Asia – attending the Beijing APEC (Asia-Pacific Economic Co-operation) summit, the ASEAN meeting in Myanmar and the G20 in Australia – was intended to re-launch America’s crucial Asia-Pacific (aka China) strategy, in the doldrums since Obama’s aborted 2013 trip cancelled in the context of the ‘fiscal cliff’ crisis. Instead the trip merely underlined how much ground the USA has to make up in order to trump China’s growing influence in the region.
The following article by Jude Woodward, examining the new cold war the USA is whipping up against China, originally appeared on her New Cold War blog.
The United States has launched a confrontation with China that it is attempting to project as of Cold War dimensions. Its clear aim is to isolate China diplomatically and politically, threaten it militarily, force it to divert investment from the productive economy to military spending, exclude it from world markets and label it a ‘pariah’ state.
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