RACISM & NATIONAL CONSCIOUSNESS | NEWS/COMMENTARY


China’s exports plunge further | John Chan
July 2, 2009, 11:33 am
Filed under: Asia | Tags: , , , ,

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25 June 2009

Source: World Socialist Website

The world’s second largest exporter, China, registered a record year-on-year fall in exports of 26.4 percent in May. The result followed similar trends in other export-led Asian economies including Japan, South Korea and Taiwan, indicating continuing weak global demand.

China’s May export figure was worse than the 22.6 percent fall in April and is the seventh consecutive month of decline. The slide of exports is the worst since the data is collected in 1995. Imports also fell 25.2 percent year-on-year in May—a further indication of weakening exports as China imports large amounts of semi-finished goods and components for re-export.

Other Asian exporters have been hit by the recession in the US, Europe and Japan. South Korea and Taiwan saw 25-30 percent annual falls in exports and imports in May and Japanese exports tumbled by 40.9 percent. Overall world trade volume plunged by Continue reading

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Partitioned Selves, Partitioned Pasts: A Commentary on Ashis Nandy’s “Death of an Empire” | Vinay Lal

india-pakistan-partition-genocide

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Source: Manas

Outside South Asia, the partition of India evokes little recognition. As the British left India, the largest single migration in history took place: well over ten million, and perhaps as many as fifteen million, people crossed borders, and a million or more became the victims of murderous assaults. Both the Governments of India and Pakistan established commissions for the “recovery” of abducted women who numbered in several tens of thousands. Numbing as these figures are, they barely register in world histories: perhaps that indifference to the calamity that afflicted India and Pakistan betokens the view that Continue reading

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