The Great Debate

What is the best strategy against Chinese cyberattacks?

By Ian Bremmer
June 9, 2011

By Ian Bremmer
The views expressed are his own.

All eyes should be peeled on China, but not for the reason you think. While the biggest structural risk right now is global rebalancing, especially between China and the U.S., there is another important threat from China: cyberwars. Cyberattacks are one of the biggest fat tails (along with climate and North Korea).

What are China’s next steps?

By michaelspence
May 19, 2011

By Michael Spence

China has weathered the present financial crisis better than most countries, for a number of reasons. It reacted very quickly to the collapse of external demand with a domestic stimulus package of 9 percent of GDP in both 2008 and 2009. The stimulus package in China was heavily weighted toward investment, especially in infrastructure, which is something they know how to do. To some extent, the Chinese relied on past experience in the ’97–’98 currency crisis in Asia, a storm they weathered without depreciating the currency but instead with what was then a large domestic stimulus pro-gram. China also eased credit quickly, and used their massive reserves to stabilize the currency.

U.S., China and eating soup with a fork

By Bernd Debusmann
October 29, 2010

-The opinions expressed are the author’s own-

Are economists the world over using an outdated tool to measure economic progress?

Euro zone faces QE2 pain test

October 14, 2010

QE2 — a second round of quantitative easing — means that soon the U.S., Japan and Britain will all be busily exporting their deflation, raising the question: Just how much pain can the euro zone take?

from MacroScope:

Will China make the world green?

October 5, 2010

Workers remove mine slag at an aluminium plant in Zibo, Shandong province December 6, 2008. REUTERS/Stringer

Joschka Fischer was never one to mince words when he was Germany's foreign minister in the late '90s and early noughts. So it is not overly surprising that he has painted a picture in a new post of a world with only two powers -- the United States and China -- and an ineffective and divided Europe on the sidelines.

China runs circles round adversaries

By J Saft
October 5, 2010

If the global currency war was a baseball game, they would have to invoke the “slaughter rule” and send China home the winner.

Speculators and China win big on yen move

By J Saft
September 15, 2010

What does $4 trillion a day in business, never sleeps and sees Japan’s Ministry of Finance as just one more patsy?

Flight to “safety” eases China diversification

August 19, 2010

China appears to be taking steps to diversify its holdings away from the U.S. dollar and may just have chosen a pretty good time to do it.

China needs to become a civil society in order to be a true global leader

By Guest Contributor
August 18, 2010

The following is a guest post by Pei Bin, director of China Partnership Development for BSR, a global business network and consultancy focused on sustainability. The opinions expressed are her own.

from Jeremy Gaunt:

The rule of three

August 3, 2010

It is beginning to look like financial markets cannot handle more than three risks. First we have, as MacroScope reported earlier,  Barclays Wealth worrying about U.S. consumers, euro zone debt and Asian overheating.