Aug 24 2015

The Stock Market Is Not the Economy

Shanghai Stock Exchange (cc photo: Aaron Goodman)

The stock market is not even in principle supposed to be a measure of economic activity. It is supposed to represent the present value of future profits.

Aug 04 2015

China’s Cyberspying Is ‘on a Scale No One Imagined’–if You Pretend NSA Doesn’t Exist

NSA headquarters

The New York Times notes that the US has its own “intelligence operations inside China”—but pretends these are purely defensive, referring to “the placement of thousands of implants in Chinese computer networks to warn of impending attacks.”

Jul 29 2015

For NYT, US Labor Abuses Abroad Are a Thing of Decades Past

Chinese investment graphic

A New York Times piece bizarrely implies that labor abuses by US companies or their contractors are a thing of the past.

Jul 10 2015

Chinese Stocks Return to February’s Values; WaPo Sees Threat to Regime

Shanghai (cc photo: SF Brit)

The media seem to think it’s a really huge deal that investors in China’s stock market have not made any money since February. The Washington Post told readers that it could even threaten the regime’s legitimacy.

Apr 01 2015

Soundbites April 2015

By FAIR
SBAvaroufakis

NYT (Mis)Spells Out Debt Problem for SYRIZA A New York Times report (1/29/15) by Liz Alderman suggested that Greek Finance Minister Yanis Varoufakis, from the anti-austerity SYRIZA party, doesn’t understand his country’s debt problems: When pressed to describe how Greece would pay for bonds falling due in the coming months without taking the €7 billion installment, Mr. Varoufakis replied, “Let’s not talk about details.” To SYRIZA’s detractors, such remarks might signal that the new government does not understand the magnitude of Greece’s financial challenges. Before becoming Finance minister, Varoufakis taught economics at Cambridge, the University of Athens, University of Sydney […]

Mar 01 2014

Hyping the ‘Chinese Threat’

Media follow official line on East China Sea dispute

Reuters: Breakout

US media have played up “the Chinese threat” to an irrational degree—by omitting context, adopting incendiary language and occasionally using simply inaccurate data.

Mar 01 2007

The Real ‘Masters of Space’

Warfare in orbit is only news when China does it

As a graphic proclaiming “Red Storm” flashed on the screen, CNN anchor Lou Dobbs intoned: “Communist 5China tonight refusing to explain its motives for conducting its first-ever anti-satellite missile test. That test, the latest in a series of dangerous new challenges by the Chinese military to this country’s interest.” He threw it to correspondent Christine Romans, who declared, “Defense experts see a pattern of behavior that highlights China’s strategy to exploit American weakness.” Romans went to John Tkacik of the Heritage Foundation, who, she reported, “says that American policymakers refuse to recognize China’s hostile intentions toward this country.” The segment […]

Oct 22 1999

U.S. Media Overlook Expose on Chinese Embassy Bombing

The Chinese Embassy in Begrade after US bombing

A detailed investigative article in the October 17 London Observer reported that NATO deliberately bombed the Chinese embassy in Belgrade last May. So far, the reaction in the mainstream U.S. media has been a deafening silence.