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The American Empire in a Changing World



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Wednesday, January 4, 2012

''GLOBAL ECONOMIC REALIGNMENTS: ASIA, US AND EU''

read more from aid netherlands....

"Ever since Nixon took the step to ameliorate relations with China, there have been gradual global economic realignments. The end of the Cold War and the creation of the European Monetary Union were major historic turning points in global realignment, as was the US decision in the 1990s to promote China and Taiwan to counterbalance Japan’s Asian hegemony. We are currently witnessing the unfolding of realignment with the US making bold moves toward consolidating its position in the Asia-Pacific markets, and with China and Japan fighting back with their own plans for regional cooperation."

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