China
When Kony Met Daisey

When Kony Met Daisey

Both Mike Daisey and Jason Russell are storytellers. But they’re not just storytellers. Like Mark Twain, who was infuriated by Belgian colonial policies in the Congo, Daisey and Russell want to provoke us into doing something. And they have carefully crafted their stories toward that end.  

And now, virtually simultaneously, both Russell and Daisey are under fire for not adhering to the literal truth.

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Beating China, Corporate Style

Beating China, Corporate Style

As anxiety about the end of American hegemony abounds and the U.S. unemployment rate remains high, talk about the necessity of out-competing China is on the rise. The leading presidential candidates have zeroed in on China as a major threat to U.S. economic security and have vowed to ensure that the United States remains on top of the global economic ladder.

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Our Man in Beijing?

Our Man in Beijing?

When Hu Jintao took over as the leader of China in 2002, U.S. companies welcomed his accession as a “good sign for American business.” Political analysts described Hu as a fourth-generation member of the Communist party leadership who might very well turn out to be a “closet liberal.” Playing it safe, the media tended to portray him as a pragmatic enigma. In the wake of 9/11 and high-level cooperation on counter-terrorism, Hu proved to be a reliable U.S. partner, prompting Colin Powell to remark in 2003 that U.S.-China relations were the best since 1972.

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Shifting Winds in the South China Sea

Shifting Winds in the South China Sea

The South China Sea, although far from tranquil, has yet to revert to the volatility and violence witnessed in the late 1980s. However, current efforts to maintain stability and implement confidence-building measures could soon be overtaken by environmental changes in the region.

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Is China Reentering the Great Game?

Is China Reentering the Great Game?

Many countries have contributed to Afghanistan’s reconstruction. But it’s only been since 2007 that China has attracted attention with its investments. In November 2007, the Metallurgical Corporation of China (MCC) won the tender to invest over $2.9 billion to develop the Aynak copper mine, which is the second-largest copper deposit in the world. This was not only the second-largest investment in Afghanistan in recent years – equivalent to one-third of all foreign aid spent in the country between 2002 and 2007 – but it also raised China to the top tier of investors. In a more recent deal in October 2011, the PetroChina Company Ltd (CPNC) plans to invest about $300 million in three oil fields in northern Afghanistan.

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The Apple Connection

The Apple Connection

Ever since the beginning of the current global economic crisis, the focus of both critical analysis and public odium has been speculative capital. In the populist narrative, it was the breathtaking shenanigans of the banks in an atmosphere of deregulation that led to the economic collapse. The “financial economy,” characterized as parasitic and bad, was contrasted to the “real economy,” which was said to produce real goods and real value. Resources flowed into speculative activities in finance, resulting in a loss of dynamism in the real economy and eventually leading to credit cutoff at the height of the crisis, causing bankruptcies and massive layoffs.

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Burma’s Big Brother

Burma’s Big Brother

Over 70 percent of Burma’s FDI has come from China, largely for development projects in ethnic-minority regions. These projects, along with smaller initiatives worth millions if not billions of dollars more in undocumented investment, have now brought tensions in ethnic regions to a boiling point. In turn, such tensions have led to the breakdown of a handful of ceasefire agreements between ethnic armed groups and the government army, which, incidentally, receives the majority of its weaponry from China.

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