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Archives for China

Treasury Secretary-designate Timothy Geithner stated in his confirmation hearing that President Obama believed that China was manipulating its currency. This has been a consistent American view but hitherto no action has been taken against China. What significance is there in the statement? Does it herald a tough line being taken which could lead to a… » read more

Posted by Stanley Crossick

he coming year will be an extremely difficult one for all of us. There is no consensus as to the length and depth of the recession and no effective international economic and monetary mechanism to cope with the situation. Its effects are magnified by the uncertainties of today’s world. Economic and political doctrines have been… » read more

Posted by Stanley Crossick

Happy New Year!

Dear ReaderI wish you, and all your family a Happy, Healthy & Successful New Year. Re-reading previous messages is depressing. We have failed to solve most of the problems previously identified, and face even greater problems. There is no consensus as to the length and depth of the recession and no effective international economic and… » read more

Posted by Stanley Crossick

This is the time for reflection, rather than deep analysis. With the cancellation by Beijing of the Lyon EU-PRC summit because “the Dalai Lama will be visiting several EU countries and will meet with heads of state and government as well as presidents of European institutions”, it would have been reasonable to assume that EU-China… » read more

Posted by Stanley Crossick

Let Russia Stop Iran

The constructive oped in today’s New York Times by three experienced analysts, Oded Eran, Giora Eiland and Emily Landau, concludes that the key to a tougher Security Council Resolution is Russia and that this provides an opening for Barack Obama to offer Moscow a grand bargain: the US to suspend or even cancel its Eastern… » read more

Posted by Stanley Crossick

The atmosphere in this week’s annual Central Economic Work Conference, held in Beijing, was the reverse of last year, when Premier Wen Jiabao succeeded against opposition in adhering to tightening credit. This year, Wen Jiabao and his colleagues have decided to invest an additional 4 trillion yuan before 2010. This decision has not been universally… » read more

Posted by Stanley Crossick

My recent blog was headed, somewhat melodramatically:”Will the Dalai Lama wreck the Sino-European relationship?” Two happenings have increased my concern.First, Beijing is clearly not ready to begin to normalise relations with France. On the contrary, China has again strongly protested to France over President Sarkozy’s meeting with the Dalai Lama in Gdansk. Sarkozy responded that… » read more

Posted by Stanley Crossick

China’s policies in the face of the global financial and economic crisis are vitally important both to China itself and to the rest of the world. Identifying and understanding these policies is difficult, both because of the lack of transparency of the decision-making process and the absence of frank, open discussions with other leading countries.… » read more

Posted by Stanley Crossick

I’ve posted blogs recently on “The shadow of the Dalai Lama” (25 November) and “Lyon EU-PRC summit off: what happened to proportionality? (26 November). Beijing has made it clear that this “postponement” of the summit does not affect the ongoing meetings and discussions at all levels between China and the EU. Beijing is ‘punishing’ Sarkozy… » read more

Posted by Stanley Crossick

China has postponed its 1 December Lyon summit with the EU saying it was unhappy that Tibet’s exiled spiritual leader, the Dalai Lama would be visiting Europe at the same time. According to the EU, the decision was based “on the fact that the Dalai Lama will be visiting several EU countries and will meet… » read more

Posted by Stanley Crossick