Tag Archives: developing economies

The Backlash Against China

Catholicgauze has an interesting post up, titled “China versus the United States in popularity.” One factor that goes unsaid is that because of China’s economic policies, it is rapidly leaving behind the developed world that once championed it. While much is going on behind the scenes, this shot from a Thai newspaper shows something of what the developing world is saying about its largest member

Whether or not “the globe is waking up to the arrogance of Chinese power,” other developing countries are no longer happy with China’s policy of manipulating its currency so as to undercut its competition.