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Open Think Tank Articles

January 9, 2009 | Colonialism Reloaded: China Is Conquering Namibia

Christiane Doerner: China has arrived in Namibia and with it a new form of colonialism has unfolded. Its effect on Namibia’s domestic industry as well as its employment rate is discernibly negative.

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Global Must Read Articles

December 16, 2008 | China Looks Vulnerable In Face of Financial Crisis

Protests and strikes have taken place among laid-off workers across China as the financial crisis begins to hit. ++ Global demand for Chinese goods is likely to plummet in 2009, creating heightened tension between the US and China. ++ Protectionist measures in the US, which are likely to be emulated in the EU, will hit the Chinese export market very hard. ++ The Chinese economy is

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November 13, 2008 | China Can Rescue the World

China can revive the world economy by strengthening its consumption. ++ Its industrial development has been shaped by US consumer demand and “US consumption has in turn been fueled by Chinese lending that kept interest rates low.” ++ This circle is broken - the US economy is in a recession and the Chinese are failing to fill the gap. ++ China has the resources to undertake stimulus

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October 15, 2008 | China: Rescuer of the Financial Crisis

The monetary meltdown is partly the result of collapsing consumer and business spending. ++ The assumption that banking sytems could be left alone has proven to be false. ++ There needs to be state-financed banking systems. ++ While spending in the West slows, the only way to stop recession is for the Chinese to increase their spending. ++ They hold $2 trillion in reserves that could save the US

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July 15, 2008 | China's Reserve Accumulation is not Sustainable

China shocks the world and keeps adding record sums to its foreign currency reserves, already the largest in the world. ++ Such reserves are not sustainable: they are a strain on the global balance of payments, fuel rising inflation, and pose a risk for China’s financial stability. ++ Accelerating reserve accumulation is the consequence of an influx of speculative money pouring into China -

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