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China, news, panel talk, usa
06 Friday Feb 2026
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China, news, panel talk, usa
29 Tuesday Mar 2022
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The Russia-led Eurasia Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions.
“The Eurasian Economic Union (EAEU) and China agreed to design the mechanism for an independent international monetary and financial system.”
Say hello to Russian gold and Chinese petroyuan. https://thecradle.co/Article/columns/7975
The Eurasian Economic Union: Deals, Rules and the Exercise of Power
Regardless of its multiple shortcomings, the Eurasian Economic Union (EAEU) should not be dismissed out of hand. For Russia, it is the primary vehicle for realizing a global geopolitical agenda.
Chatham House Research Paper. https://www.chathamhouse.org/2017/05/eurasian-economic-union
Russia and China, Together at Last: At the core of recent conflicts is an entente between China and Russia that the world hasn’t seen since the start of the Cold War.
“At their February 4 meeting, Putin and Xi drew on 37 prior encounters to proclaim nothing less than an ad-hoc alliance meant to shake the world. As the foundation for their new “global governance system,” they promised to “enhance transport infrastructure connectivity to keep logistics on the Eurasian continent smooth and…make steady progress on major oil and gas cooperation projects.” These words gained weight with the announcement that Russia would spend another $118 billion on new oil and gas pipelines to China. (Four-hundred billion dollars had already been invested in 2014 when Russia faced European sanctions over its seizure of Crimea from Ukraine.) The result: an integrated Sino-Russian oil-and-gas infrastructure is being built from the North Sea to the South China Sea.”
Russia and China Together at Last. https://www.thenation.com/article/world/russia-and-china-together-at-last/

22 Tuesday Mar 2022
Before the yuan can become a global currency, it must first be successful as a reserve currency. That would give China the following benefits:
The yuan would be used to price more international contracts. China exports a lot of commodities that are traditionally priced in U.S. dollars. If they were priced in yuan, China would not have to worry so much about the dollar’s value.
All central banks would have to hold yuan as part of their foreign exchange reserves. The yuan would be in higher demand. That would lower interest rates for bonds denominated in yuan.
Chinese exporters would have lower borrowing costs.
China would have more economic clout in relation to the United States.
It would support President Jinping’s economic reforms.

China is working hard to make the yuan the next global currency. Although presently a reserve currency, the yuan can’t upstage the U.S. dollar unless the following scenarios happen:
Central banks around the world choose to keep a total of at least $700 billion worth of yuan in foreign exchange reserves.
The People’s Bank of China (PBOC) allows free trade of the yuan and relaxes its peg to the U.S. dollar.
The PBOC becomes straightforward about its future intentions with the yuan.
China’s financial markets turn transparent.
Chinese monetary policies are perceived as stable.
The yuan acquires the U.S. dollar’s reputation of stability, which is backed by the enormity and liquidity of U.S. Treasurys.
18 Friday Mar 2022
24 Friday Dec 2021
03 Friday Dec 2021
12 Friday Nov 2021
15 Friday Oct 2021
An interesting read from FT AlphaVille:
“China is the world’s biggest lender to governments. And that’s not just because of its gigantic stockpile of US Treasuries. For much of the past decade Beijing has sought to plug massive infrastructure funding gaps across multiple continents through its Belt and Road Initiative. The overarching aim, other than to bolster global influence, is to upgrade transport links on the old silk road routes which enabled trade between the Far East and what lay to the west of it.” More HERE at FT. You may have to register (for free) to read this article.
Supporting articles: How China Lends Data Sets from AidData and How China Lends PDF from The Peterson Institute for International Economics.

24 Friday Sep 2021
13 Friday Aug 2021
Posted in China, Environment
≈ Comments Off on Watch “Reforestation and China’s Great Green Wall” on YouTube
02 Friday Jul 2021
02 Tuesday Feb 2021
06 Friday Nov 2020
Posted in news
≈ Comments Off on Anti-Asian Racism in the United States and Sino-American Relations
On June 2, 2020, the National Committee hosted a virtual discussion on the history of anti-Chinese/Asian racism in the United States, the impact of coronavirus-related racism, and the importance of uniting across our communities to stand up against all forms of discrimination. The featured speakers were Jennifer Ho, professor of ethnic studies at University of Colorado and president of the Association for Asian American Studies, and John Pomfret, former Washington Post correspondent and author of, “The Beautiful Country and the Middle Kingdom: America and China, 1776 to the Present” (2016). The webinar was moderated by NCUSCR Senior Director of Development Yong Lu.
25 Friday Sep 2020
CSIS: The China Economic Risk Matrix, written by the Trustee Chair in Chinese Business and Economics’ non-resident senior associate Daniel Rosen, non-resident adjunct fellow Logan Wright, and Associate Director of the China Projects team at Rhodium Group, Lauren Gloudeman. Despite rising inefficiency, China’s financial system has served as the shock absorber that has helped China’s economy recover from the virus outbreak and maintain growth. But the same elements that have driven China’s recovery have also pushed China’s financial system deep into a gauntlet of systemic financial risks. The China Economic Risk Matrix is the combination of indicators of financial vulnerability that threaten to overwhelm Beijing’s policy tools to manage them, along with a novel, China-specific financial stress indicator. Building on the earlier CSIS volume, Credit and Credibility, this report explores the specific conditions and markets in which changes in government credibility can have a significant impact on systemic stability in China.
15 Tuesday Sep 2020
The Japan Chair is delighted to invite Rory Medcalf, Professor and Head of the National Security College at the Australian National University, to discuss his new book, Indo-Pacific Empire: China, America and the contest for the world’s pivotal region. Please join us virtually to learn about the Indo-Pacific region and the potential for great power conflict between the United States and China.
08 Tuesday Sep 2020
In the Spring 2020 special issue of Orbis, nine articles assess political warfare in, and emanating from, East Asia. Authoritarian regimes in Asia, including China and North Korea, use the weapons of political warfare and the tools of sharp power to influence, and sometimes undermine, other polities. Political warfare includes overt and covert use of diplomatic, political, economic, and information means to affect policy-making or the political context affecting decision-making in another state. In East Asia, the techniques are deployed against immediate neighbors and far-away targets and rivals. Political warfare particularly exploits the characteristic vulnerabilities of open societies and liberal-democratic polities, including businesses that seek access, new and traditional media that are porous to foreign influence, publics that are receptive to divisive and bias-confirming messages, civil society structures and educational and cultural spaces that provide unguarded points of entry, and politicians eager for foreign and economic policy wins and campaign donations.
01 Tuesday Sep 2020
As the COVID-19 pandemic presents unprecedented challenges to every level of the global economy, the National Committee on U.S.-China Relations is bringing together leading American and Chinese experts on economics and trade to share analysis and projections on the issues. We invite you to join us for a series of virtual programs, Coronavirus Crisis: What it means for U.S.-China Economic & Trade Relations, over the next month.
25 Tuesday Aug 2020
Posted in China, Research, Social Science
≈ Comments Off on American Views on China: A Pew Research Center Survey
The Pew Research Center has been polling American adults on their perceptions of China since 2005. The latest report, based on interviews conducted in March 2020, shows that growing numbers of Americans have become increasingly negative about China. For the first time, more than half of Americans between the ages of 18 and 29 held unfavorable views of China. Almost nine in ten Americans see China’s power and influence in the world as a threat, with 62% saying that it is a “major threat.”
19 Wednesday Aug 2020
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In 2010 I linked to a NYT article about the mineral riches in Afghanistan and how China had signed a deal to extract one of the riches (copper). The article is here: U.S. Identifies Vast Mineral Riches in Afghanistan
Every once in awhile I check to see if anyone has written about the mineral deals taken place in America’s longest war battle ground. The latest is from 2017 from one of the more often checked media sources South China Morning Post: Talks Aim to Jump Start China Afghanistan Mining Deal.

19 Wednesday Aug 2020
Posted in news
≈ Comments Off on Chinese officials mandate conservative architecture designs
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A Chinese police officer patrols a newly constructed office building in Beijing on July 12, 2016. China’s top officials have mandated that architecture designs for new buildings will not be approved if they do not reflect a more conservative style. Photo by Stephen Shaver/UPI