bank of china

Washington Misses Bigger Picture of New Chinese Bank

Bibi Netanyahu’s election, persistent violence through much of the Middle East and North Africa, and intensified efforts to forge a nuclear deal between the P5+1 and Iran topped the news here in Washington this week. But a much bigger story in terms of the future order of global politics was taking place in Europe and Beijing. The story was simply …

Juggling

The US Is Juggling Chaos And Coordination In Order To Contain China

It’s no secret by now that the US is dead set on containing China, yet it’s shying away from engaging in a direct confrontation with it. Instead, the US is managing a dual policy of creating chaos along China’s western and southwest reaches, while coordinating a containment alliance along its southeastern and northeastern periphery. Central Asia, northeast India, and Myanmar represent …

PovertyThumb-300x300

Four Reasons to Question the Official ‘Poverty Eradication’ Story of 2015

The United Nations, large NGOs and lots of big corporations are gearing up to tell the world that we can eradicate global poverty by 2030. As a new paper by the economist David Woodward confirms, however, this claim is so far from reality that it deserves the label of cynical hype. The UN is currently coordinating a grand manoeuver of immense …

White men meet in London to plot ways of profiting off Africa’s seed systems

A meeting is to be held in London on 23 March by predominantly white men with a sprinkling of Africans, some of whom represent private seed companies, to discuss how to make a killing off Africa’s seed systems. Farmers and civil society organisations have not been invited to the meeting, which will be attended only by private seed companies, donors, …

gold bars

China’s Gold Strategy: Beijing’s 30,000 Tons of Gold Reserves?

My attention has just been drawn to a note put out by a very well respected analyst and China follower which postulates that China could actually be holding as much as 30,000 tonnes of gold in various government accounts and that within the next three years the nation will link the yuan to gold. The nation’s official holding is only …

Why Are China’s Rich So Eager to Exit?

China’s rubber-stamp parliament, the National People’s Congress, opened its one and only 2015 session in Beijing on March 5. The Congress – the NPC – meets for just 10 days a year and, in that short window of time, is supposed to set China’s policy direction for the next 12 months. In theory, the NPC has much greater power than the U.S. Congress, including …

Dalai lama

China’s Tensions With Dalai Lama Spill Into the Afterlife: Order Dalai Lama to Reincarnate

Chinese Communist Party leaders are deathly afraid that the Dalai Lama will not have an afterlife. Worried enough that this week, officials repeatedly warned that he must reincarnate, and on their terms. Tensions over what will happen when the aging 14th Dalai Lama dies, and particularly over who decides who will succeed him as the most prominent leader in Tibetan Buddhism, have …