There's no way we get all this stuff and everything is done fair and square and everyone gets treated right. A Chinese employee of Foxconn, entrusted with fourteen (maybe sixteen) prototype iPhones misplaced one before they could be shipped; what followed was his detainment and torture at the hands of company police, and his eventual suicide. Shanghaiist has confirmed the story. Fake Steve weighs in.
posted by littlerobothead on Jul 22, 2009 - 124 comments

The new monetary standard: Copper.
posted by bigmusic on Apr 19, 2009 - 51 comments

The cover of a major financial publication warns: If you're holding U.S. Treasuries, GET OUT NOW! [more inside]
posted by up in the old hotel on Jan 5, 2009 - 74 comments

Adam Smith in Beijing Embedded Flash film 1hr59mins "Is US power in decline? What are we to make of the rise of China? Will a possible equalization of North-South relations herald a more brutal capitalism or a better world? Giovanni Arrighi, Joel Andreas, and David Harvey give their perspectives in this forum, for a discussion of Arrighi's 2007 book Adam Smith in Beijing. The event, filmed in Baltimore, MD, in March of 2008, was organized by the Red Emma's collective."
posted by Abiezer on Nov 9, 2008 - 10 comments

"The Vital Triangle: China, the United States, and the Middle East"- seeking to understand the effects of the China-Middle East relationship on the United States, the U.S. Middle East relationship on China, and the Sino-American relationship on the Middle East. Book excerpts (Chapter 1) (Chapter 3). Interview with Jon Alterman, co-author. Via the very useful SUSRIS.
posted by Burhanistan on Oct 20, 2008 - 4 comments

The algae problem was taken care of. But the smog is the worst it's been in several months. All kidding aside, is China the next world superpower? Maybe, maybe not. [more inside]
posted by Cool Papa Bell on Jul 28, 2008 - 68 comments

A couple recent documentaries have accurately shown how China is changing and developing at lightning speed. The People's Republic of Capitalism speaks mainly of China's all-consuming economic growth and its ramifications. I was riveted by Frontline's Young and Restless in China and Frontline World: Jesus in China. These show the struggles of the Chinese to keep up with the changes, deal with their hypocritical government and define their beliefs in a society still riddled with corruption.
posted by wundermint on Jul 17, 2008 - 32 comments

Natural disasters are good for the economy. No, they aren't. Yes, they are. Well, maybe sometimes they are and sometimes they aren't. (pdf) It helps if somebody makes a movie or a television show about it. The Broken Window fallacy.
posted by anotherpanacea on Jul 8, 2008 - 17 comments

Everything you think you know about inequality is wrong. This guy disagrees. But it's not that bad, honest. And free trade with China is a good thing for poor Americans. But are these guys the next Yugo?
posted by Cool Papa Bell on May 19, 2008 - 68 comments

The Rise of China and the Future of the West: Can the Liberal System Survive? "China's rise will inevitably bring the United States' unipolar moment to an end. But that does not necessarily mean a violent power struggle or the overthrow of the Western system. The U.S.-led international order can remain dominant even while integrating a more powerful China -- but only if Washington sets about strengthening that liberal order now." [more inside]
posted by homunculus on Dec 29, 2007 - 29 comments

"The church of global free trade, which rules American politics with infallible pretensions, may have finally met its Martin Luther." A thorough summary in The Nation of the brilliant but ignored Global Trade and Conflicting National Interests by Ralph Gomory, former IBM Senior Vice President for Science and winner of the National Medal of Science. His heresy? Arguing, with supporting technical and economic data, that multinational corporations and their home countries have divergent interests in shipping skilled labor and advanced technologies overseas, and that this "divergence" is a net negative for the American economy and the American public. Globalization, he argues, has its losers, the United States paramount among them.
posted by Pastabagel on Apr 20, 2007 - 76 comments

With all the talk about the emergence of Europe as an economic rival to the US, is there a more likely rival emerging? A real strategic partnership between Russia and China could be exactly the combination of nuclear power, boots on the ground, and economic momentum to truly create a new bipolarity. Apparently, there has been serious collaboration in military philosophy between the two powers at least since the USSR broke up, and flash gamers have known about it for at least a couple years, but now it is becoming very real. Conventional wisdom says that there are longstanding disputes over trade and territory, but things generally seem to be warming up. You want to know what the world will look like in 20 years? Look to Siberia.
posted by milkman on Jan 20, 2005 - 9 comments

China's Building Blitz. In scale and pace, the building boom currently sweeping over China has no precedent in human history. China is spending about $375 billion each year on construction, nearly 16 percent its gross domestic product. In the process, it is using 54.7 percent of the world's production of concrete, 36.1 percent of the world's steel, and 30.4 percent of the world's coal.
posted by four panels on Mar 20, 2004 - 16 comments

China. Abandons Communism. Gets AIDS. May be about to lose its shirt. While everybody on the pink side of Ebenezer Scrooge is pissing and moaning about the state of America, here's one American who thinks the state of the Middle Kingdom is at least equally interesting (as in ancient Chinese curse, "May you live in interesting times.")
posted by jfuller on Nov 12, 2002 - 11 comments

Jiang outlines plans to make China wealthier Ah, Adam Smith in and K. Marx out. Brting on the Krispy Kreeme franchises. Bet there won't be labor unions in the near future but an economically powerful China plus the EU will give America some strong competition.
posted by Postroad on Nov 8, 2002 - 14 comments

"Trade with x only benefits the repressive government of x; it does not get into the hands of the people." How does the White House policy towards x make sense in light of Bush's statement that "Free trade supports and sustains freedom in all its forms. When we open trade, we open minds. We trade with x because trade is good policy for our economy, because trade is good policy for democracy"? Well that's because the first x refers to Cuba and the second x is for China. How's that economic engagement working out with China? Why don't we ask the Tibetans, Falun Gong or the Uighurs? Which foreign policy is the right way to go? Economic isolation or engagement?
posted by buddha9090 on May 16, 2002 - 17 comments

Speaking of Tokyo Rose: AOL/Time Warner, with assistance from the Bush administration, signed a "landmark deal" with China. AOL/TW gets to broadcast a Chinese-language station in the area of China that already gets Western programming (although illegally), and in exchange AOL/TW agrees to broadcast a Chinese state sponsored English language channel in Los Angeles, New York and Houston. "We are very pleased to have achieved this landmark agreement, which represents a significant step in the growing relationship between AOL Time Warner and the people of China," said CEO Gerald Levin in a statement. Why does this make my skin crawl?
posted by bclark on Oct 23, 2001 - 17 comments

China, our new buddy It seems like history may be made today. I hope that if China does receive favorable trade status that it will go to improve human life in that nation and improve ties between our countries. I'd like to buy China a Coke...
posted by Brilliantcrank on May 24, 2000 - 7 comments