The Problem with China – Mercantilism | NYTimes.com

Posted by Matt in January 2nd, 2010 | no comment

Published in China, Forecasts, Capital Inflows, China Currency, Chinese New Year, Columnist, Cost Advantage, Dollar Euro, Exchange Rate, Foreign Exchange Reserves, Hoard, Inflow, Mercantilism, New Year, Nytimes, Private Investors, Rivals, Trade Surplus, Trade Surpluses, Trillion, Yen, Yuan

China has become a major financial and trade power. But it doesn’t act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially high. And in today’s depressed world, that policy is, to put it bluntly, predatory.
Here’s how it works: Unlike the dollar, the euro or the yen, whose values [...]

2010: The China Challenge – TIME.com

Posted by Matt in December 24th, 2009 | no comment

Published in China, Barack Obama, Bush Administration, Challenge Time, China Challenge, Disdain, Easy Target, Global Issue, Globalists, International Coalition, International Cooperation, iranians, Mercantilism, Merchantilism, Non Proliferation Treaty, Nuclear Non Proliferation Treaty, Nuclear Proliferation, Persistent Failure, Primary Obstacle, sanctions, United Front, World Stage

A prediction: 2010 will be the year when China’s persistent failure to act responsibly on the world stage–its persistent amoral mercantilism–becomes a central global issue. In the recent past, the world’s assorted globalists and do-gooders had an easy target in the United States, given the Bush Administration’s disdain for international cooperation. But Barack Obama has [...]

The New Mercantilism

Posted by Matt in June 9th, 2009 | no comment

Published in China, Economy, American Exports, Argentina, Brazil, Distortions, Emerging Market Economies, European Union, Export Subsidies, Fiscal Stimulus, Government Procurement, India, Indonesia, International Trade, Licensing Requirements, Mercantilism, Mexican Trucks, New Mercantilism, Pledge, Retaliation, Russia, summit, Tariffs

The “new mercantilism” takes many forms. Despite their pledge at the first G-20 summit last fall, most of its members have erected new distortions to international trade. A number of major emerging-market economies (including Brazil, India and Russia) have raised tariffs. Argentina and Indonesia have imposed new licensing requirements on imports. The European Union and [...]

Russia’s commodities strategy

Posted by Matt in June 8th, 2009 | no comment

Published in Russia, Trade, Asian Markets, Borders, Carrots, Commodities, Energy Resources, Global Strategy, Map, Medvedev, Mercantilism, moscow, Natural Resources, Resources For The Future, Russia, Russian Mercantilism

While the West talks, Medvedev and Putin lock up resources for the future
…
What is Russia’s global strategy?
Over the last few months, Moscow has pushed hard to consolidate its positions in commodities and energy resources in both European and Asian markets. Using carrots and sticks, Russia is redrawing the natural resources map around its borders.
Read [...]

China Gains Key Assets In Spate of Purchases

Posted by Matt in March 18th, 2009 | no comment

Published in China, Array, Assets, Balance Of Trade, China, Commodities, Commotidies, Countries, Emerging Markets, Energy Markets, Global Finance, Imperialism, India, Manifest Destiny, Mercantilism, Metals, minerals, Multinational Corporations, Natural Resources, Sheer Scope, Spate, Unfair Practices, United States, Worries

The deals have allowed China to lock up supplies of oil, minerals, metals and other strategic natural resources it needs to continue to fuel its growth. The sheer scope of the agreements marks a shift in global finance, roiling energy markets and feeding worries about the future availability and prices of those commodities in other [...]

Gazprom can turn the heat off, stoking U.S.-Russian rivalry

Posted by Matt in July 16th, 2008 | no comment

Published in Africa, Energy, Russia, Chief Strategist, Critical Juncture, Energy Assets, energy mercantilism, Exploration Licenses, Gas Exports, gazprom, Getty Images, Libya, Mercantilism, Mr Putin, Natural Gas Pipeline, Natural Gas Producer, Oao Gazprom, Oil And Gas, Oil Production, Russian Prime Minister, Russian Rivalry, Severodvinsk, Shipyard, Uralsib, Vladimir Putin

Russia’s use of companies such as OAO Gazprom, the world’s largest natural gas producer, to buy energy assets in Africa may thwart U.S. efforts to limit the role of oil and gas as political weapons wielded from Moscow.

Getty Images Russian Prime Minister Vladimir Putin (left) and Gazprom chief Alexei Miller visit the Sevmash shipyard in [...]

Gazprom Keeps the Heat on Europe by Pressing Libya

Posted by Matt in July 13th, 2008 | no comment

Published in Energy, Russia, Chief Executive, Dominance, Energy Resources, Europe, Gas Exports, Gas Monopoly, gazprom, Gazprom Russia, Head Of State, Libya, Libya Oil, Locks, Mercantilism, Monopoly, Muammer, Oil And Gas, Political Clout, Russian Energy, World Market

This is example of Russian energy mercantilism. Russia locks up energy resources from other countries and takes it off the world market. Russia gains power at the expense of other countries.
From the article:
OAO Gazprom, Russia’s state- sponsored gas monopoly, is offering to buy all of Libya’s oil and gas exports in a bid to increase [...]

China Pursues ‘Manifest Destiny’ Through Mercantilism and Imperialism

Posted by Matt in January 3rd, 2008 | no comment

Published in Amazon.Com, China, Economy, Trade, Amazon Asin, beijing, Centuries, China, China Economic, China Trade, Economic Development Strategy, Europe, Focus, Hard Currency, Imperialism, Manifest Destiny, Mercantilism, Nation States, Philosophy, Political Economy, Trade Surpluses, United States

China’s economic development strategy has often been called a new version of mercantilism, the philosophy of political economy that built the great nation-states and empires of Europe in the 16th-19th centuries. Mercantilist features have been most prominent in Beijing’s drive for exports and a large reserve of hard currency. The focus has usually [...]

Energy Mercantilism: Is “Private Oil” Threatening the NYMEX?

Posted by Matt in December 26th, 2007 | 3 comments

Published in Energy, Oil, Trade, Chinese Firm, Chinese Investment, Chinese Mainland, Chinese Petroleum, Development Agreements, Energy, Gas Projects, Infrastructure Projects, Mercantile Exchange Nymex, Mercantilism, National Petroleum, New York Mercantile Exchange, Oil Producing Countries, Petroleum Corp, Petroleum Imports, Port Sudan, Roads And Bridges, Sector Firms, Term Contracts, Trade, Traditional Distribution, York Mercantile Exchange

Rapid expansion in China and India has led the governments of these countries to make sweeping changes in the way they buy oil. In many cases, they are beginning to circumvent the traditional distribution networks of the New York Mercantile Exchange (NYMEX), and other bourses, entirely.
In fact, they’re undermining them, “locking up” supplies by purchasing [...]

Mercantilism – The End of Free Trade

Posted by Matt in December 26th, 2007 | 1 comment

Published in China, Trade, Adjunct, Economic Philosophy, Flanks, Free-Trade, Hugo Chavez, Maneuver, Mercantilism, Military Power, National Prosperity, Navies, New Mercantilism, Ominous Development, Peru Trade, Piece Of Advice, Political Independence, Political Interests, Renminbi, Silver Coin, Trade Surpluses, Train Wreck, Vladimir Putin, World Economy

Here’s today quiz. What do the following have in common: (a) Vladimir Putin; (b) China’s currency, the renminbi; (c) the U.S.-Peru trade agreement; and (d) Hugo Chavez? Answer: They all reflect the “new mercantilism.” It’s an ominous development affecting the world economy. Even as countries become more economically interdependent, they’re also growing more nationalistic. They’re [...]