As Europe’s debt crisis intensifies again an interesting international aspect is the policy choices this poses for China.
It is a further sign of the growing international effect of China’s economic strength that it had already become part of the discussion on how to resolve Greece’s specific debt crisis - which is [...]

Recent data shows that the recovery of the US economy after the international financial crisis is much slower than in previous post-war business cycles and has decelerated. As Gavyn Davies, previously head of economics at Goldman Sachs, now a Financial Times commentator and formerly an optimist on US recovery, noted on June 3:
“The US employment [...]

The main direction of lobbying for the IMF’s new managing director is unfortunately showing the weak side of that organization, not its strong one.
Serious economic commentary already knows the greatest challenges of the next period. It is only necessary to open a business paper to review them. In the next decade, the world economy will [...]

This article was originally published in China.org.cn. It is being republished here with the kind permission of the author.

Discussions between China and the European Union (EU) have speeded up during 2011. To take just the most recent events, the second China-EU Strategic Dialogue was held in Hungary on May 12-15. European Council President Van Rompuy [...]

Book Review: Giovanni Arrighi’s Adam Smith In Beijing (Verso: 2008)
Giovanni Arrighi argues convincingly (in Adam Smith In Beijing) that we are seeing the end of the most rapacious social and economic system the world has ever known. What he calls ‘destructive capitalism’ is, he argues, a peculiarly Western form of accumulation that has almost destroyed [...]