The April edition of the GEAB focused on China, highlighting the irresistibility of the huge player it has become over the past 20 years. As the world gets entangled into the US-China power rivalry, Europe should be careful to put itself in a position of being able to make the ...
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Russia-China: Future changes in Siberia
Since the late 1990s, China’s world expansion has been accelerating, and also extending beyond the geographical borders of Siberia and of the so called Russian Far East. If the western world perceives this Chinese progress in the light of its own standards as a process of “colonization” (an illegal action ...
Read More »Chinese Crisis: Learning Lessons in Slow Riding the Economy, by K. N. Harilal, Professor, Centre for Development Studies, Trivandrum, Kerala (IN)
After an unbelievably long period of hectic growth the Chinese economy has begun to slow down. While the high growth phase was characterised by remarkable stability, the phase of slower growth, if the present crisis is any indication, is likely to be more turbulent. Slow riding an economy is much ...
Read More »2015 – The global crash won’t happen (GEAB N°94)
We could have also headed our article : “No, the inflating of the Chinese stock exchanges isn’t a bubble”. The Shanghai stock exchange’s exuberant 100% increase in one year is certainly frightening, but it reflects a real dynamic (or rather a correction) of the country’s economic development. One really has ...
Read More »Global systemic crisis – 2015: The world is defecting to the East
Two important facts emerge from the past four weeks’ news. First, China is becoming the world’s largest economic power, officially overtaking the US, based on GDP measured in purchasing power terms (IMF figures) of $17.61 trillion (compared to $17.4 trillion for the US). If the official media hasn’t raised the ...
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