By John Ross
It is simply an objective fact that China has made in total the greatest contribution to human well-being of any country – in particular to the most historically oppressed sections of humanity, those therefore of special interest to socialists throughout the world.
By Mark Buckley
The beleaguered Trump presidency has continued to ramp up its war rhetoric against North Korea. But the impediments to any attack, even a nuclear attack are substantial. The real target for the US administration is China.
The importance of the Belt and Road (B&R) summit for China and participating countries is well known. What is not so widely grasped is that the B&R region is now by far the most powerful locomotive not only of the regional but of the global economy. To be precise:
· Measured at current exchange rates the IMF projects that in the next five years’ growth in the B&R region measured in absolute dollar terms will be almost twice that in North America and four times that in Europe.
The following article by John Ross, setting out the economic fundamentals confronting the US, was previously published by Socialist Economic Bulletin.
This article was published in Chinese before the recent summit between Chancellor Merkel and President Trump – which strongly confirmed its analysis.
The first steps by Trump as US President confirmed that he will pursue an anti-China policy but also that he will use different tactics to Obama and Clinton.
The following article by John Ross, examining the significance of Xi Jinping’s participation in the Davos World Economic Forum, was previously published by Socialist Economic Bulletin.
Xi Jinping is the first Chinese president to speak at the Davos World Economic Forum. This visit has attracted even greater international media attention than the normally high levels of interest in a trip by China’s leader. As the Financial Times chief foreign affairs columnist Gideon Rachman put it, “The big star of this year’s forum is certain to be Xi Jinping.”
The furore in the US and Europe over Trump’s relations with Russia is not just a storm in a teacup but the manifestation of a serious fight at the heart of the US foreign policy establishment over how the US should orient strategically to Russia in the context of the chief question that the US confronts internationally – the rise of China.
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