There is an ongoing debate on the impact of China on the competitiveness of China's near neighbours and indeed is an area where I have done some work. The World Economy recently published a paper looking at this threat.

More China bashing or more to it? The Economic Policy Institute report that Chinese trade is causing job losses in every state of the US. The counter arguments are too numerous to go into but a basic trade text book should suffice.

A new paper has been published by Angus Maddison & Harry X. Wu looking at measuring China's economic performance. The paper has come out in World Economics. This is a rather technical piece but it is worthy of attention.

I have been saying this for a while but the Chinese government's obsession with US paper could well be the largest transfer of wealth from developing to developing countries.

The Economist considers whether China is becoming more or less "capitalist". There is a certainly irony about this article written on October 2nd. You can bet that the US and Europe have become less capitalist very quickly as banks become nationalised...