Interesting story here via the NYT on how China (in true fashion) is using the current global financial crisis to its benefit.  China is taking this opportunity to shore up its domestic demand, reduce social unrest by providing job training, rapidly and dramatically increase bank lending, slow inflation, and more.  Leave it to China to quickly pass a stimulus package that dwarfs that of the U.S. (on a per capita GDP basis, and as a share of total GDP) and use the downturn as an opportunity for long run future …

Well, at least the press would like you to think that. Last night, President Obama dispatched heavily armed destroyers to the South China Sea in response to a group of Chinese ships confronting a USN vessel. President Obama met with Chinese Foreign Minister, Yang Jiechi, who refused to acknowledge any wrong doing by the Chinese….

“To be honest, I am definitely a little worried.”  So said Wen Jiabao in a recent press conference, referring to the massive amount of money that China has used to finance US debt in recent years.  China has emerged as one of the most stable nations during the current global financial crisis with their enormous cash reserves, half of which are invested in the US.  Hillary Clinton, on her recent trip to China, reassured Chinese officials of the safety of their investments, but Chinese officials are still worried about the …

In January, following the inauguration of President Obama, China published a White Paper (“China’s National Defense in 2008”) on the modernization of the country’s national defense and armed forces. The paper was widely ignored in the western press; however, Japan and Taiwan both took notice. China used the paper to announce its intention of increasing its Navy’s capabilities. An invigorated Chinese Navy would allow the country to exert their growing political power abroad.

China decided to exercise their growing naval power much earlier than expected. Yesterday, the Pentagon announced that the …

Greetings,
I’ve decided to take the plunge into the world of blogging. For months, I’ve been contemplating developing a website that analyzes Chinese news and I decided to take the easy way out and create a blog. The goal of this site is to provide a fair and balanced look into the Middle Kingdom; China’s growth is the single most important geopolitical change in today’s world. Anyone interested in international relations should have a thorough understanding of China’s role in today’s world. Unfortunately, most media outlets provide spotty coverage of China. …