China

The return of the bancor? Chinese ascendancy and the global monetary system

Andrew Pickering • Apr 12 2009 • Articles

The global financial crisis has so far failed to yield a second Bretton Woods agreement, as some had hoped, but recent calls for a new global reserve currency are beginning to excite the minds of politicians, financiers and scholars alike. Taking inspiration from the ‘bancor’ currency proposed by John Maynard Keynes in 1944, the governor of the People’s Bank of China suggested last month that the global monetary system would benefit from revamping the role of the International Monetary Fund’s special drawing rights (SDRs) to create a uniform global reserve currency.

Africa without Europeans

Chris Alden • Oct 29 2008 • Articles

It is the very nature of ‘otherness’ in the experience of Chinese contact with Africa – the fact that it stands outside the pattern of international relations and historical memory – which forms of one of the key features of this relationship to this day. This notion of ‘difference’ allows us to see in these relations on the periphery, something deeply significant about the broader shape of international relations in the contemporary period

What is this thing called the decline of the West?

Stephen Chan • Aug 18 2008 • Articles

In the west, China’s rise and increased attention to fundamentalist Islam have caused many to perceive a global contest in the export of values. At this particular crossroads of history there seem to be several very different maps for the future. In this context, many speak of the ‘decline of the west’, but what is it exactly?

Why Bush should go to the Olympics

Victor D. Cha • Jul 23 2008 • Articles

Critics have deplored President Bush’s announcement over the weekend of his intent to attend the Beijing Olympics because of China’s poor human rights record and unfulfilled promises to the International Olympic Committee to liberalize before the Games. This is a wrong-headed view. The President should attend the opening ceremonies in August, and have a great time rooting for American athletes.

The Cold War and Chinese Foreign Policy

Yafeng Xia • Jul 16 2008 • Articles

In October 1949, the People’s Republic of China (PRC) replaced the Republic of China (ROC) after the Chinese Communists won a nationwide victory in the civil war and drove the Nationalist government to Taiwan. A Communist China, comprising a quarter of the world’s population, had inevitably extended the Cold War to East Asia. The PRC’s foreign policy during the Cold War went through several distinctive stages.

China, Darfur, and the 2008 Summer Olympics: An Intolerable Contradiction

Eric Reeves • Apr 20 2008 • Articles

Despite the common claim that China can’t be moved by international pressure from human rights or advocacy groups, the campaign to link genocide in Darfur to Beijing’s hosting of the 2008 Summer Olympic Games has thoroughly belied this notion. It is a campaign which must not give way to political expediency.

China’s Ties with Africa: Beyond the Hysteria

Ian Taylor • Apr 15 2008 • Articles

If questions about Sino-African relations could be reduced to their essence, these could be summarized as three main points. Firstly, China is not a unitary actor. Second, there is a degree of scapegoating of China and its alleged negative impacts upon Africa. Third, ultimately, it is up to African leaders to manage their relations with China to benefit their own economies and citizens.

Burma/Myanmar: The Chinese Dilemma

David Steinberg • Feb 20 2008 • Articles

There has been considerable agitation among the many critics of the Myanmar military that China has been less than insistent on Burmese reforms as it continues to provide funding and support to the military junta. Whatever pressures China has brought on Myanmar -and they may have been considerable- have been relatively quiet and discreet in contrast to the U.S. and EU public demands for change. Yet reform in Burma is in the long-term interests of the Chinese Government.

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