Why Is China Letting the Yuan Fall?
There's been a lot of speculation about China's recent currency moves, but it's business as usual for global capitalism.
There's been a lot of speculation about China's recent currency moves, but it's business as usual for global capitalism.

Motivated by fears of the existential risks posed by advanced AI falling into the hands of authoritarian regimes, longtermists have for years been quietly pressing the White House to pursue a more aggressive policy toward China.

A key challenge for the Left in the coming years will be to reject attempts to stoke tensions with China — tensions the Biden administration has made worse in its early months.

American lawmakers are sounding the alarm about privacy concerns with China and TikTok — at the exact same time US-based social media companies are unaccountably vacuuming up just as much data.

China’s new national security laws are a significant escalation against the protest movement in Hong Kong. Rather than act through Hong Kong officials to carry out its will, Beijing has decided to directly restrict the free speech rights of Hong Kong residents.
From America’s Kurt Cobain to China’s Lelush, pop stars earn their adoration not only from performing but from refusing to perform.

Donald Trump’s recent blustery foreign policy proclamations have many pundits scratching their heads. They should be seen as part of a broader project of reasserting US hegemony in the Americas and pushing back on Chinese geopolitical influence.

Noam Chomsky talks about US hypocrisy in stoking needless conflict with China, the unnecessarily bloody and grinding war in Afghanistan, and why the United States could easily solve climate change.

A new Pentagon policy bars the US Defense Department from working on films that cooperate with Chinese censorship demands. It’s a new front in the economic battle with China — and it ignores the Defense Department's own influence over film content at home.

US policy on Taiwan is simultaneously escalatory and muddled, with Joe Biden making belligerent statements that are then contradicted by his own aides. Enough horseplay: the US must stop behaving recklessly and seek a diplomatic solution to the Taiwan crisis.

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With US hegemony in decline, China and the European Union are each vying to impose their own leadership over the next wave of digitalization. Donald Trump's talk of "America First" expressed this rivalry in especially crude terms — but even after his departure, the contest among the main world powers is only intensifying.

Faced with China’s rise, Western states are turning from free trade dogmas to active industrial policies. This turn may offer opportunities for labor — but as the electric auto industry shows, it is also producing a harmful logic of national rivalries.

Draconian spending cuts, attacks on labor organizing, stoking war with China, and speeding up climate disaster — these are just some of the things Republicans are planning if they win big on Tuesday.

Practically everything TikTok critics and China hawks say about the country’s data collection applies to the United States and its tech firms, too. We should be finding ways to protect privacy and free speech from governments and corporations everywhere — including our own.

For the last two years, the US and its allies have engaged in a frenzy of infrastructure projects in the Middle East, seeking to consolidate influence in the region. This bid for hegemony is coming up against a new force: Chinese capital.

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China Mieville on gothic Marxism, the Right’s strange appropriation of trick-or-treating, and socialists’ historic defense of the flagrantly imaginary.

Despite the pandemic’s impact, China has a long road to travel before it can surpass US economic power. Inter-capitalist rivalry is driving tensions between Washington and Beijing, not the personalities of Xi Jinping or Donald Trump.

In a global economy defined by overproduction and underconsumption, American and Chinese corporations are struggling to extract profits from developing nations. Without massive wealth redistribution, consumption won’t return to stable levels.