Tag Archives: China
The Chimerican Threat
The People’s Republic of China and the United States have experienced sharp disagreements in economic policies for some time, straining Sino-American relations. Among all, it is the pertinaciously undervalued Renminbi(i) that has drawn much criticism from the developed world. Due to this condition, it is generally believed that China’s economic policy is the main cause of global imbalances in current account positions and that its policy poses a great threat to global economic stability.
In response to the Great Crisis of 2008(ii), a “global saving glut”(iii) theory, postulated by Federal Reserve Chairman Ben Bernanke in 2005, emerged as the prominent narrative to explain the major causes of the crisis. The theory maintains that excessively high savings by some countries pushed their savings towards current account surpluses and away from Continue reading
On-Screen Interview with Chris Brown on Alternative Energy
The Lexington Universal Circuit interviews Chris Brown, a China energy consultant with Guymard Consulting, on the domestic and international future of alternative energy. More specifically, Mr. Brown delves into the obstacles that obstruct the global shift away from oil and other fossil fuels. A great deal of discussion is focused on the positions China and the United States of America’s have on this issue. Special thanks to the Bernard L. Schwartz Communication Institute for hosting the interview. Continue reading
I Love the Game Google is Playing
The New York Times reported that Google plans to shut down all operations in China due to assaults from hackers, as well as, China’s attempts to limit free speech online [1]. Although this makes Google sound heroic, it hardly sounds like the truth in its totality. Google is a multinational corporation that has to cater to shareholders, so financial straits are most likely the real reason for the anticipated departure.Google has been cooperating with the Chinese government’s demands for internet censorship for years. In fact, Phillip Lenssen’s blog, blogoscoped, provides some shocking screenshots of how the censorship materializes itself on Google’s China based search engine [2]. After viewing Lenssen’s blog post, it is clear that search engine censorship is probably the least important reason why Google is planning to leave China. With over 1.3 billion people to capitalize off of, there is no reason why human rights trump the prospect of profit. Continue reading
Misconceptions: A Vital Component of Historical US-China Relations
Misunderstandings between individuals are some of the greatest sources of conflict that can enter a relationship. Friendships have ended because one person thought that the other meant something else; marriages have broken because of misconceptions about the other partner’s intentions or actions. This holds true not only for individual relationships, but relationships between different cultures and nations as well. Such things become clearer when one views relationships between nations already in conflict, such as the United States and China. To examine this relationship, we must look at a misconception that arose as a result of legitimate worry and anger, concerning American imperialism.
The idea that the US is still an imperialistic power tainted the Chinese perspective of American actions during the mid- to late twentieth century, despite the fact that American expansionism ended decades before. Just as important, American fear of Soviet communism during the mid-twentieth century resulted in the refusal to accept a Communist China as a sovereign state, viewing the People’s Republic of China as a pawn of the Soviet Union and thereby refusing to work with them. Avoiding these two misconceptions and focusing on cultural similarities and understanding, as has become a focus in more recent years, has improved relations between the two nations immensely. Continue reading
China Plays Dominoes Well
History is marked by a series of conflicts – kinetic and potential; Chinese activities in Central Asia are exemplary of this. On December 14, 2009, Turkmenistan began its exportation of 40 billion cubic meters (bcm hereafter) of natural gas to the Chinese Xinjiang Province, with contributions of 10 bcm from both Uzbekistan and Kazakhstan over 30 years. Historically, Turkmenistan has exported gas through Russia en route to China yet this particular deal conveniently bypasses Russia. To complicate matters more, the European Union shares an interest in this region vis-à-vis their Nabucco gas line planned to run through southern Europe into Turkey. Needless to say that while much commotion is made over oil and gas bonanzas in the Middle East these days, nations like Turkmenistan and other central Asian countries have untapped oil and gas reserves and naturally stand as open targets as both potential trading partners and secondary allies for nations such as China, whose intentions are altogether unknown. As such, the benevolent guise of trade very easily becomes the hook by which nations such as China are able to rally seemingly insignificant states to their side. In essence, while the powerful nations of today are playing hard politics in the Middle East, China is playing soft politics in Central Asia as a precursor to the domino effect in that region with Turkmenistan as the battlefield for trading rights.
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U.S. Foreign Policy: Time to Plant Olive Trees in China’s Backyard
Shortly after the atomic bombings of Hiroshima and Nagasaki, it became unquestionably clear that the United States of America had eluded the lion’s share of World War 2’s unprecedented damage, and emerged a superpower. In light of the rapid technological and economic developments America had undergone during and after the post-war period, the country’s borders had transformed themselves into gates which opened into the kingdom of heaven. The nation was not only recognized as the land of abundance and prosperity, but was also given the great responsibility of acting as the world’s sole guardian and protectorate. Uncle Sam even established himself as the de facto policeman of the global community, orchestrating everything from the international flow of wealth, to the political affairs of any one nation Continue reading