A Win-Win Situation for China

China currently stands alone in its ability to weather virtually any storm the banking crisis in the U.S. whips up. With almost $2 trillion in foreign currency reserves, China can afford to be unconcerned about an economic decline in the West that spreads throughout the world, hurting dependent and emerging economies from Pakistan to Panama. … Continue reading “A Win-Win Situation for China”

The US and China:
Unsettling Similarities

Well, it looks like giving China some face will have little to no impact on the way things are done in this country. If anything, it will give the Party the confidence to continue harassing parents, journalists, and dissidents of all kinds in the name of social cohesion. Most local foreigners were skeptical when the … Continue reading “The US and China:
Unsettling Similarities”