Tag: Xi Jinping

Can the US and China Cooperate Around Cobalt Mining?

MEL GURTOV – Cobalt is a valuable mineral that is the subject of intense international competition. Not a new subject: In past times copper, uranium, and rare earth metals have had center stage. Recall the controversy over “blood diamonds”—diamond mining that helped fund civil wars in Africa. More recently we have lithium in Bolivia, where Chinese, American, and other countries’ firms are seeking to gain the upper hand on a mineral that is vital in electrical products. There’s still another battle, this one over cobalt, which is also an essential mineral in cell phones but especially in electric car batteries.

Why the Trade War with China is So Dangerous

MEL GURTOV – The trade war with China that Trump so confidently predicted would result in a great new deal now threatens to become a permanent feature of US-China relations. Why that is likely may have less to do with the specific trade issues in dispute than with the vastly different negotiating styles and operating principles of the two countries’ leaderships.

Making an Enemy of China Does Not Serve US Interests

MEL GURTOV – America’s China problem is no longer about “managing China’s rise.” It is about finding ways to more deeply engage China on common problems, such as climate change and energy, while also establishing rules of the road to avoid military confrontations in the South China Sea and Taiwan Strait.

Evaluating Obama’s Foreign Policy Record

MEL GURTOV – How should we evaluate Obama’s foreign policy record? Right-wing critics will of course excoriate Obama for all the usual things—weakness against adversaries like Russia and China, negotiating with instead of subverting Cuba and Iran, eviscerating the US military, undermining relations with Israel. On the left, Obama is already being cast as another liberal leader whose actions failed to deliver on his promises, from Guantanamo to the Middle East. Historians will have plenty of things to quarrel about, but we need not wait.

Panama Papers Reveal How the 1% Operate

MEL GURTOV – One of the many tools at the disposal of multinational corporations (MNCs) for maximizing profits and undermining state sovereignty is moving operations to low-tax countries. Global companies do not simply “go abroad”; they shift capital, as well as labor and technology, to wherever the advantages are greatest. This reality of globalization is well known, and it is matched by the similar behavior of powerful, wealthy individuals, including present and former top government officials. Like the MNCs, wealthy individuals are not content to make tons of money at home if they can make even more by finding tax shelters abroad, where their money is completely hidden from public view. It’s what the One Percent do.