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.
The following article on the US militarisation or the South China Sea, by Jude Woodward, was originally published by New Cold War.org.
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.
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