In pursuing the strategy toward China of “integrate, but hedge,” the United States and its G-7 allies attempted to manage China’s global financial role, giving the world’s second largest economy a greater stake in the existing system while attempting to prevent alternative or antagonistic emerging market economies from gaining power.
One of the most important developments in the global economy over the past thirty years has been the integration of China into the global economic system and its governing institutions.
During most of the past two decades Washington has aggressively launched military and economic wars against at least nine countries, either directly or through its military aid to regional allies and proxies. US air and ground troops have bombed or invaded Afghanistan, Iraq, Pakistan, Libya, Somalia, Syria, Yemen, and Lebanon.
4.93/5 (15) There's been another huge earthquake in the financial geopolitics of the globe according to this article shared by Mr. S.D.: Canadian Prime Minister Trudeau has announced that Canada will join China's Asia Infrastructure Investment…
The post ANOTHER EARTHQUAKE: CANADA TO JOIN CHINA’S ASIA INFRASTRUCTURE ... appeared first on Giza Death Star.
by Pepe Escobar for Sputnik News The G20 meets in tech hub Hangzhou, China, at an extremely tense geopolitical juncture. China has invested immense political/economic capital to prepare this summit.
Money Managers for Mankind? China in the Age of Global Governance, Part III
By: Andrew Gavin Marshall
3 March 2016
Originally posted at Occupy.com on 9 February 2016
“Hide Your Brightness, Bide Your Time”: China in the Age of Global Governance, Part II
By: Andrew Gavin Marshall
3 March 2016
Originally posted at Occupy.com on 2 February 2016
The signing of joint documents following the BRICS leaders meeting in Ufa, Russia on 9 July 2015 [PPIO]BRICS members made their first contributions worth a total of $750 million to the capital of the New Development Bank BRICS, an official statement said on Thursday.
According to the report, the tranches to the bank’s capital were paid in accordance with the lender’s agreement signed during the BRICS Summit last year.
The BRICS Post | June 29, 2015 Fifty countries on Monday signed the articles of agreement for the new China-led Asian Infrastructure Investment Bank, the first major global financial instrument independent from the Bretton Woods system. Seven remaining countries out of the 57 that have applied to be founding members, Denmark, Kuwait, Malaysia, Philippines, Holland, […]
We have to make sure America writes the rules of the global economy and we should do it today while our economy is in a position of global strength. If we don’t write the rules for trade around the world, guess what, China will. And they’ll write those rules in a way that gives Chinese workers and Chinese businesses the upper hand.
— Barack Obama on the Trans-Pacific Partnership in a Speech at Nike Factory in Oregon, May 8, 2015
