Beijing's heavy rural investment has led commentators to see hope for global recovery in the Chinese countryside. Yet allocating funds to boost rural demand will fail to reverse China’s long-standing subordination of the poor to export-oriented industrialization, says Walden Bello.
Public ownership of banks, besides preventing periodic economic crises, can
subordinate the profit motive to
social objectives and fashion a system of inclusive finance, argues C.P.
Chandrasekhar.
China is rapidly forming trade, investment,
technology, security and cultural links with Latin America. As ties expand rapidly, not all is positive from the
Latin American perspective - the region must develop its own expertise in order to deal with the
multiple challenges China will present, writes
David Shambaugh.
It was always considered bad economics to bail out India's millions of beleagured farmers, but swift government bailouts for the banks are considered a political necessity. ‘Where will the money come from?’ is not a question to be asked when you are subsidising the rich and the elite, says Devinder Sharma.
Unlike the police states of Eastern Europe and the
Soviet Union, China has built a Police State 2.0, an entirely
for-profit affair that is the latest frontier for the global Disaster
Capitalism Complex - and a society defined by "McCommunism", argues Naomi Klein.
A detailed analysis of nuclear weapons related developments in south Asia
since 1998 - and the contradiction of amassing nuclear arms in a bid to establish peace, by Zia Mian and M. V. Ramana.
Though China continues
to be a major player in global food exports, growing
resource constraints and environmental costs could
mean an end to “easy” growth for Chinese
agriculture.