Droll washingtonpost.com caption: "The Extraordinary League of Punditry requires this stock photo of an investor looking at a red screen when writing about the ongoing turmoil in Chinese equity markets.""The rout in Chinese shares has erased at least $3.2 trillion in value, or twice the size of India’s entire stock market."-- from Bloomberg's report yesterday, "
“Where we get concerned with China is where it is not necessarily abiding by international norms and rules and is using its sheer size and muscle to force countries into subordinate positions,” said US president Barack Obama in Jamaica on Thursday.
What is it they say about people living in glass houses throwing rocks?
A quick analysis of Obama’s criteria seems in order.
The balance sheet for 2014 and the prospects for 2015 provide us with a complex panorama of negative and positive outcomes. In most cases the advances, are not earth-shattering but open possibilities for further progress. The negative developments, however, have greater and more threatening systemic outcomes.
History is “made” when it’s least expected: This past week, as soon as Air Force One touched down at Beijing Capital International Airport — in nothing flat — President Obama sealed a climate initiative between China and the U.S.
By all appearances, it must be good policy with considerable merit, because, quick as a wink, 350.org’s Bill McKibben, and the Executive Director of the Sierra Club, Michael Brune, and Ben Adler of Grist, and Mother Jones all sent congratulatory notices. The consensus amongst pundits on climate change is: “It’s a gamechanger!”
National Security Adviser Susan Rice recently wound up her stay in China to prepare the November visit of President Obama, President of The Indispensible Nation. She was greeted with due pomp by Xi Jinping, President of China, one of the Dispensible Nations.
Walter Annenberg was connected. He built his familiy's business from publishing a shady race track form to an empire publishing TV Guide, Seventeen, the Philadelphia Inquirer. Nixon appointed him Ambassador to England in return for his financial and editorial assistance to the Republican Party. In 1976 the Queen made him an honorary Knight Commander of the Order of the British Empire (KBE), something every Republican plutocrat aspires to.
The simple fact that China has grown by at least eight percent per capita annually, and for the last few decades, irks many pro-Washington, pro-European Union financial lackeys. Notwithstanding the prevailing wisdom espoused by many pro-establishment economics experts, China’s growth has largely made it the most successful economy in the world since 1978. Even renown Harvard economist Jeffrey Sachs admits as much. Despite many fringe complaints, China’s growth has not ceased.
Xi Jinping Calls for Stability in Xinjiang- Terrorists Disagree, Tatarstan Fights Hostile NGOs & Terrorism & More!
*The Great Game Round-Up brings you the latest newsworthy developments regarding Central Asia and the Caucasus region. We document the struggle for influence, power, hegemony and profits in Central Asia and the Caucasus region between a U.S.-dominated NATO, its GCC proxies, Russia, China and other regional players.
“A Strong Military”–to Assert Island Claims
“To realize the great revival of the Chinese nation,” President Xi Jinping has told the people of the People’s Republic, “we must preserve the bond between a rich country and a strong military, and strive to build a consolidated national defense and a strong military.”
The big story of 2014 will be Iran. Of course, the big story of the early 21st century will never stop being US-China, but it’s in 2014 that we will know whether a comprehensive accord transcending the Iranian nuclear program is attainable; and in this case the myriad ramifications will affect all that’s in play in the New Great Game in Eurasia, including US-China.
