Alexander Salitsky - International Affairs

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No Point in Discarding State Capitalism

15:00 11.07.2011

No Point in Discarding State Capitalism

Last June, Russia's series of investment forums presented Moscow with an opportunity to unveil plans for a serious correction of its economic policies, and what seems to be at the bottom line is a radical departure from the concept of state capitalism. It is unclear at the moment how the …

Can BRICS soften dollar crisis?

15:00 21.04.2011

Can BRICS soften dollar crisis?

On April 10, in an interview with a CNN host and political observer Fareed Zakaria, the former secretary of state James Baker, when he was speaking about the current global changes, said the following: “The biggest challenge facing the U.S. isn’t turmoil in the Arab world. It’s our debt bomb”. …

The New Global Economy Structure and the Davos Planetarium

14:00 08.02.2011

The New Global Economy Structure and the Davos Planetarium

The successful completion of the 5-year cycle in China coincided in time with the Chinese leader's visit to the US, highlighting the contrast between the relative trajectories of the two economies. Now that the US economy's bankruptcy is an open secret and Washington is in the process of soliciting a …

Washington: Welcome News from China

14:00 27.01.2011

Washington: Welcome News from China

Chinese poet and historian Guo Moruo wrote in 1952: “German occupants demolished the monument to Victor Hugo in Paris in 1941. Recently, a model of the Ford plant was installed on the monument's pedestal to demonstrate the dominance of the US dollar empire. No less than the French people, we …

The Yuan's Future Role in the Global Financial System

14:00 11.12.2010

The Yuan's Future Role in the Global Financial System

The planned December 15 opening of the rouble-yuan trading in Russia is a symbolic and potentially historical event. It reflects tectonic shifts in the world's economy and politics and accordingly promises a transformation of the global financial architecture. At the moment China's contribution to the global economy far exceeds the …

China and US: a clash of interests

14:00 13.11.2010

China and US: a clash of interests

Two events which had been anticipated for quite long took place in the U.S. shortly before the G20 summit in Seoul. On 2 November the Democrats lost control of the House of Representatives, and on 3 November the U.S. Federal Reserve announced that it would pump $600 billion into the …

US Dollar vs. Yuan: Reasons Behind the Conflict

15:00 06.10.2010

US Dollar vs. Yuan: Reasons Behind the Conflict

Debates between the US and China over the valuation of the yuan are currently gathering momentum. A new campaign of pressure on Beijing is initiated by the US Congress which proposed a bill authorizing the government to slap duties on China's imports based on the view that the yuan is …

China: Modernization Goes On

15:00 30.09.2010

China: Modernization Goes On

The 61th anniversary of the Chinese Republic is celebrated in Beijing rather modestly. The country is preoccupied with its current tasks as it faces reemerging inflation, unemployment, excessively fast urbanization, and unrestrained energy consumption. Nevertheless, it is clear that China manages to sustain its exceptional growth and that its march …

Will China Help Modernize Russia?

15:00 16.09.2010

Will China Help Modernize Russia?

Russian President D. Medvedev's visit to China will certainly help clarify in what international settings Russia is going to put into practice its declared modernization course.China's economic and political rise to which the economic downturn in industrialized countries added visibility is largely owed to Beijing's commitment to the strategy of …

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