How Crimea plays in Beijing

“We are paying very close attention to the situation in Ukraine. We hope all parties can calmly maintain restraint to prevent the situation from further escalating and worsening. Political resolution and dialogue is the only way out.”  This, via Chinese Vice Foreign Minister Li Baodong, is Beijing’s quite measured, official interpretation of what’s happening in Ukraine, tailored for global consumption.  But here, in a People’s Daily editorial, is what the leadership is really thinking. And the focus is clearly on the dangers of regime change, the “West’s inability to understand the lessons of history”, and “the final battlefield of the Cold … Continue reading How Crimea plays in Beijing

Spring fails in Ukrainian plunderland

By Pepe Escobar  Here’s the US’s exceptionalist promotion of “democracy” in action; Washington has recognized a coup d’etat in Ukraine that regime-changed a – for all its glaring faults – democratically elected government.  And here is Russian President Vladimir Putin, already last year,talking about how Russia and China decided to trade in roubles and yuan, and stressing how Russia needs to quit the “excessive monopoly” of the US dollar. He had to be aware the Empire would strike back.  Now there’s more; Russian presidential adviser Sergey Glazyev told RIA Novosti, “Russia will abandon the US dollar as a reserve currency if the … Continue reading Spring fails in Ukrainian plunderland