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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(11/1/11) Clyde Prestowitz discusses China on WBUR's On Point

China’s Price For Bailing Out the EU

The new China price. What China will ask for return for bailing out Europe, the EU.

The global stakes and situation in Europe just get bigger and wilder. Last week, news of a mega-deal that would put a cork in the bottle of European financial chaos, contain the contagion. Now, Greece will go to the polls to vote on whether or not to take that pain. If the vote is no, who knows where we go.

Meanwhile, Europe?s first call after the deal was not to Washington, but to Beijing. They need Chinese cash ? lots of it – to make this work. The US hasn?t got it. So here we are. Europe begging China for a bailout. And the planet?s power matrix turns.

This hour On Point: the China price for a bailout.

-Tom Ashbrook

Guests

Alkman Granitsas, bureau chief for Greece and Cyprus for Dow Jones Newswires and contributor to the Wall Street Journal.

Pieter Bottelier, adjunct professor of China Studies at the School of Advanced International Studies at Johns Hopkins University.

Arvind Subramanian, senior fellow at the Peterson Institute for International Economics, author of “Eclipse: Living in the Shadow of China’s Economic Dominance.” His op-ed in the New York Times is “Why China Should Bail Out Europe.”

Clyde Prestowitz, is founder and President of the Economic Strategy Institute.

Click here to listen to the show at On Point.

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Latest Publications


The Betrayal of American Prosperity.


The Trans-Paific Partnership and Japan.


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Industrial Policy and Rebalancing in the US and China.


The Evolving Role of China in International Institutions.

 

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