Tag: United States

Is China’s Economy Now Bigger Than America’s?

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My most recent column was about the troubles facing the Chinese economy, which appear to be serious. However, I was careful to acknowledge that China’s three-decade economic miracle has made it a bona fide economic superpower and that its current problems aren’t likely to change that fact. But how super is China’s power, anyway? Is it now the world’s biggest economy, or does it still lag behind the United States? Yes. You see, it depends on what measure you use. And there is no single measure that is clearly right.…

UAE, a US Ally, Looks to China and Russia for Deeper Ties

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The ruler of the United Arab Emirates, Sheikh Mohammed bin Zayed, is a key American ally who counts on the United States to defend his country. But he has traveled twice to Russia over the past year to meet with President Vladimir V. Putin, and in June, his country was celebrated as the guest of honor at the Russian leader’s flagship investment forum. Later this month, the Emirati and Chinese air forces plan to train together for the first time, a notable shift for an oil-rich Gulf nation that has…

Book Review: ‘On Wars,’ by Michael Mann

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ON WARS, by Michael Mann If wars are “the least rational of human projects,” why have there been so many of them all over the world, in every era? This is the question that the sociologist Michael Mann poses in the boldly titled “On Wars.” It is an ambitious book, plumbing the roots of war from the early Roman Republic to Vladimir Putin’s Russia, with intermediary chapters on ancient and imperial China, Mongol conquests, feudal Japan, the carnage of European Christendom, clashes in pre-Columbian and Latin America, the two world…

How a U.S. Tech Mogul Used Nonprofits to Sow Chinese Propaganda

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The protest in London’s bustling Chinatown brought together a variety of activist groups to oppose a rise in anti-Asian hate crimes. So it was peculiar when a street brawl broke out among mostly ethnic Chinese demonstrators. Witnesses said the fight, in November 2021, started when men aligned with the event’s organizers, including a group called No Cold War, attacked activists supporting the democracy movement in Hong Kong. On the surface, No Cold War is a loose collective run mostly by American and British activists who say the West’s rhetoric against…

Ukraine Invites Talks in Saudi Arabia as an Effort to Weaken Russia

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Ukraine will make a renewed push this weekend at a gathering in Saudi Arabia to win the support of dozens of countries that have remained on the sidelines of the war — the start of a broader campaign in the months ahead to build the diplomatic muscle to isolate and weaken Russia. Ukraine and Saudi Arabia invited diplomats from some 40 governments to talks in the Red Sea port of Jeddah. Notable among them were China, India, Brazil, South Africa and some of the oil-rich Gulf nations that have tried…

Saudi Arabia to Extend Oil Production Cut by a Month

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In a move to support oil prices, Saudi Arabia said Thursday it would extend its decision to cut oil production by one million barrels a day for another month, to September. Oil prices have recovered strongly in recent weeks partly because of smaller stockpiles of fuel in the United States, but China’s tepid economic recovery has kept oil prices under pressure for most of the year. Saudi leaders need oil prices to stay high because the money from energy sales pays for government spending and ambitious plans to diversify the…

The Global Economy Is Fracturing. What Comes Next?

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Produced by ‘The Ezra Klein Show’ The world economy has experienced many shocks over the past few years: A pandemic. Russia’s invasion of Ukraine. Skyrocketing inflation. These are the stories that have dominated headlines — and for good reason. But they’ve also overshadowed a set of deeper, more fundamental shifts — the rise of China as an economic superpower, the fracturing of trade relations, the realities of the climate crisis — that are transforming the global economic order and prompting ambitious policy responses from leaders across the world. [You can…

Qin Gang, China’s Foreign Minister, Is Replaced

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Mr. Qin, 57, was appointed China’s ambassador to Washington in July 2021, and 17 months later was promoted to foreign minister, singling him out as a trusted protégé of Mr. Xi. Earlier, Mr. Qin had served as a foreign ministry spokesman, a diplomat in London and as a protocol officer, a job that brought him close to Mr. Xi during foreign visits. Mr. Qin graduated from the University of International Relations, a school in Beijing linked to China’s security service, and worked as an assistant in the Beijing bureau of…

Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand

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Tesla reported a rise in profit for the second quarter after the company led by Elon Musk cut prices in response to increased competition and higher borrowing costs for car buyers. The company said on Wednesday that it earned $2.7 billion from April through June, compared with $2.5 billion in the first quarter of this year and $2.3 billion in the second quarter of 2022. Sales rose 7 percent, to $25 billion, from last quarter. Lower average sales prices, as well as the cost to produce a new pickup truck,…

Xi Rejects Pressure on China to Do More to Address Climate Change

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During his visit to China this week, John Kerry, President Biden’s climate envoy, pressed the hope that the two powers could work together on the urgent problem of global warming despite their intensifying rivalry on other fronts. But Chinese officials made clear that even as they were willing to restart long-stalled climate talks with the United States, the two countries’ tense overall relationship could constrain cooperation. And China’s leader, Xi Jinping, asserted that his government would pursue its goals to phase out carbon dioxide pollution at its own pace and…