Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Sunday, September 8, 2019

‘West’s leading role is ending’: G7’s no good without India and China, Putin says



By RT

September 07, 2019 "Information Clearing House" -  Russian President Vladimir Putin has said the leading role of the West is coming to an end, and no serious international group makes much sense anymore without economic juggernauts like China and India.

Putin shared his thoughts on the Group of Seven (G7) during the Eastern Economic Forum, held outside Vladivostok in Russia’s Far East on Thursday. He was asked whether he would attend the group’s meeting in the US next year if invited. US President Donald Trump said last month he will “certainly” invite Putin.

The Russian president hinted that G7 leaders should instead travel to Russia where the last G8 event was due to take place, in 2014, prior to Moscow’s expulsion from the group.
“We’re open [for contacts], and if our partners want to travel here, we’ll be happy [to host them],” he said.
Putin added, however, that the G7, in its current composition, is not up for the task of solving global issues.

Last week, after the G7 meeting in France, Macron admitted that “Western hegemony” is ending and urged a rethink of the West’s approach towards Moscow.I think it’s clear to everyone now – and [French] President [Emmanuel] Macron has recently said so publicly – that the leading role of the West is ending. I cannot imagine an effective international organization without India and China.
The Group of Seven comprises the US, Canada, Britain, France, Germany, Italy, and Japan. Moscow joined in the late-1990s, but was expelled in 2014 after Crimea’s reunification with Russia.
The importance of the G7 on the world stage has been called into question, as China is now the world’s second largest economy, and India is on course to becoming the third.
This article was originally published by "RT" - -  

==See Also==


http://www.informationclearinghouse.info/52219.htm

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Friday, August 30, 2019

China dismisses Bolton's accusations of technology theft as ‘slander’



FILE PHOTO © Global Look Press/Xinhua/Ting Shen; inset J-20 © REUTERS/Stringer
Recent statements by US National Security Advisor John Bolton, who accused Beijing of stealing technologies, prompted an angry reaction in China, with the country's ambassador to Ukraine branding them as “slander.”

“The statements by Mr. Bolton regarding China's alleged technology theft from other countries is pure slander,” Ambassador Du Wei said during a press briefing on Friday.
The inflammatory remarks were delivered by Bolton earlier this week during his official visit to Ukraine. Among other things, the top US official accused Beijing of stealing plans for the F-35 fighter jet, claiming that the country's newest aircraft looks exactly the same. While it was not immediately clear which Chinese plane Bolton was referring to exactly, his statements have ruffled some feathers.
ALSO ON RT.COMBolton says China stole F-35 because their jet ‘looks like it’ – are plane-snatchers everywhere?
Aside from military technologies – including the precious F-35 – Washington has repeatedly accused Beijing of stealing civilian tech as well.
China's Huawei telecommunication giant Huawei has apparently bore the brunt, as the company is currently battling a handful of lawsuits in the US, regarding copyright infringement.
ALSO ON RT.COMUS prosecutors probe Huawei over new technology theft allegations – media
On Thursday, the Wall Street Journal reported that US prosecutors launched a new probe into Huawei's alleged activities, including stealing technology from individuals and other companies, as well as recruiting new employees from rival firms. The telecom company, for its part, has always rejected the US' allegations of theft, dismissing them as “politically motivated.”

https://www.rt.com/news/467638-china-bolton-accusations-slander/

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Monday, August 26, 2019

A Critical Threshold Has Just Been Crossed, and Things Will Never be the Same Again…


Global Research, August 26, 2019



Just when things seemed to be settling down a little bit, our conflict with China has suddenly escalated to a dangerous new phase.  This is not simply just a “trade war” any longer, and our relationship with China will never be the same again.  As you will see below, President Trump just referred to Chinese President Xi Jinping as our “enemy”, and this is something that the Chinese are going to take extremely seriously. 
In China, the national leader is a representation of the government as a whole, and the government as a whole is a representation of the entire county.  So to the Chinese people, what Trump just said will be interpreted as “the United States and China are now enemies”.  Of course for Trump everything would be forgiven tomorrow if the Chinese totally caved in to his demands and started saying all sorts of nice things about him, but for the Chinese what has transpired in recent months will be remembered for generations. 
President Trump has insulted their national honor over and over again, and that sort of thing may not mean much to us here in the western world anymore, but over in China their sense of honor is central to who they are as a people.  After everything that has already been said and done, there will be no going back, and we are now facing a future in which the United States and China will be very bitter enemies.
In response to previously announced U.S. tariffs, China stunned global markets when it announced a new wave of tariffs on U.S. goods early on Friday
The trade war between the U.S. and China escalated further Friday as Beijing announced a new set of tariffs on American products, sending the stock market plunging.
The China State Council announced it would impose tariffs ranging from 5% to 10% on an additional $75 billion in U.S. goods, according to state media outlet Global Times.
After Trump learned of this, he hit the ceiling, and he immediately went on a Twitter rant in which he pledged to hit Chinese goods with even higher tariffs
For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more.
Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight.
Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer.
As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very unfair Trading Relationship.
China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!).
Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%.
Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!
In addition, Trump “hereby ordered” U.S. corporations “to immediately start looking for an alternative to China”
Trump then tweeted that American companies “are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” He did not immediately detail the authority he thought he could use to compel firms to leave China.
When I first saw that I could hardly believe what I was seeing, and you may have had the same reaction.
Can Trump actually do that?
Well, no, the truth is that he can’t.
He can certainly encourage U.S. businesses to leave China, but as CNN has pointed out, he doesn’t have the authority to unilaterally order all of our companies to leave an entire country…
Here’s the thing: Donald Trump can’t order American business to do anything. There’s a reason the business world is known as the “private sector” — because it’s not owned or controlled by the government (aka the “public sector.”) We don’t have state-run industry (or media). The President of the United States can’t “order” privately held business to do, well, much of anything.
And on top of everything else, President Trump posted another tweet in which he called Chinese President Xi Jinping our “enemy”.  The following comes directly from Trump’s Twitter account
As usual, the Fed did NOTHING! It is incredible that they can “speak” without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the U.S. will do great…
….My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?
Any hopes for a trade deal with China during the Trump administration were already dead, but this has put even more nails in the coffin.
When the outlook for the U.S. economy was brighter, getting a trade deal with China done was not so critical for Trump, but now things have dramatically changed.
At this point, even the White House’s own internal forecasts are showing “that the economy could slow markedly over the next year”
Top White House advisers notified President Trump earlier this month that some internal forecasts showed that the economy could slow markedly over the next year, stopping short of a recession but complicating his path to reelection in 2020.
The private forecast, one of several delivered to Trump and described by three people familiar with the briefing, contrasts sharply with the triumphant rhetoric the president and his surrogates have repeatedly used to describe the economy.
Things just continue to get even bleaker.  U.S. manufacturing just contracted for the very first time since 2009, and the financial markets are starting to figure out that there aren’t any promising solutions on the horizon.
On Friday, the trade war turmoil greatly spooked investors and the Dow ended the day down more than 600 points
The Dow Jones Industrial Average closed 623.34 points lower, or 2.4% at 25,628.90. The S&P 500 slid 2.6% to close at 2,847.11. The Nasdaq Composite dropped 3% to end the day at 7,751.77. The losses brought the Dow’s decline for August to more than 4%.
The major indexes also posted weekly losses for the fourth straight time. The Dow dropped about 1% this week while the S&P 500 pulled back 1.4%. The Nasdaq lost 1.8%.
As I noted at the end of last month, the stock market started to decline in July, and now it has fallen every single week here in August.  Just like in “The Beginning Of The End”, we are potentially facing a scenario in which we experience great economic and financial turmoil during the second half of the year.
Over and over again, I have kept warning my readers that our relations with China were going to get progressively worse.  We have been expecting this for a long time, but most Americans still do not grasp the implications of this crisis.
This conflict between the United States and China is going to change everything.  An extraordinary amount of pain is heading our way, and our society is completely and utterly unprepared to handle it.
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Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared NowThe Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse BlogEnd Of The American Dream and The Most Important News.
Featured image is from Stansberry Churchouse


https://www.globalresearch.ca/critical-threshold-been-crossed-things-will-never-be-same-again/5687216


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Friday, August 23, 2019

Trump says US firms 'hereby ordered' to quit China



By BBC
August 23, 2019 "Information Clearing House" -   President Donald Trump says he has "hereby ordered" American companies to leave China, after Beijing announced plans to slap new tariffs on US goods.
The White House did not immediately say what authority the president had to compel private firms to quit a country.
The US president also vowed swift retaliation against Beijing after it unveiled plans for duties of 10% on $75bn (£61bn) of US goods.
The latest salvos in the trade war sent global financial markets tumbling.
The Dow Jones Industrial Average lost more than 620 points, or 2.4%, while London's FTSE 100 and the German DAX also turned negative.
In a blistering Twitter screed on Friday, Mr Trump said: "Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing... your companies HOME and making your products in the USA."
He also tweeted: "We don't need China and, frankly, would be far... better off without them.
"Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won't let that happen!
China's new tariffs will range between 5% and 10% and apply to more than 5,000 goods coming from the US.
Agricultural goods, crude oil and small aircraft are among the targeted items.
On Friday, Mr Trump tweeted that he would be "responding to China's Tariffs this afternoon".
"This is a GREAT opportunity for the United States," he wrote.
Beijing also said it will revive a 25% tariff on US car imports that it lifted earlier in 2019 in a goodwill gesture as the two countries tried to negotiate a trade agreement.

Carmakers warned that the tax would put US jobs at risk.
"When these tariffs were initially imposed by China in 2017, American exports of finished vehicles dropped by 50%," said John Bozzella, who represents car manufacturers. "We can't let that happen to American workers again."
On 1 August, President Trump unveiled a 10% tariff on $300bn of Chinese goods, blaming China for not following through on promises to buy more American agricultural products.
That tariff was expected to be introduced on 1 September, but less than two weeks later Mr Trump delayed that date to 15 December, partly due to concerns it might hit Christmas shoppers.
China said it planned to impose its new tariffs in two stages on 1 September and 15 December.
Mr Trump also turned his fire on Friday against the head of the US central bank after he spoke out about the economic risks of a trade war with China.
The president questioned whether Federal Reserve chairman Jerome Powell was a greater "enemy" than China's leader Xi Jinping.
At a symposium of central bankers in Jackson Hole, Wyoming, on Friday Mr Powell warned that trade tensions were hitting the global economy.
He also said the Fed - the world's most powerful central bank - didn't have a "rulebook" to deal with the fallout.
The White House moved to play down the new tariffs. President Trump's trade adviser, Peter Navarro, told CNN that the Chinese duties were "well signalled," adding: "This isn't breaking news."
He said that talks between the two countries were on schedule and argued that the tariffs were not hurting Americans. "Consumers aren't feeling the pain [of the trade war] and we are focused on making sure they [China] feel the pain not us."
He added that the economic slowdown was the fault of the US Federal Reserve, which has drawn criticism from Mr Trump for not making bigger cuts in interest rates.
Mr Navarro said the central bank should lower the benchmark interest rate further to stimulate growth.
US bond markets have recently sent warning signals of an impending recession. However, equities are trading at near record highs and employment is at its highest level in almost 50 years.
Mr Trump also said on Twitter on Friday that the economy was "strong and good", while "the rest of the world is not doing so well".
Stock markets in the US fell following news of China's tariffs, but then recovered, only to fall again in response to Mr Trump's tweets.
The Dow Jones Industrial Average closed down 2.4% at 25,629. The S&P 500 dropped 2.6% while the Nasdaq was 3% lower.
This article was originally published by "BBC" - -

==See Also==


http://www.informationclearinghouse.info/52154.htm

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Thursday, August 22, 2019

Russia’s UNSC Kashmir Stance Wasn’t Influenced by India or Pakistan, but by China



Global Research, August 22, 2019

Russia didn’t want the issue of Kashmir to be brought before the UNSC at all, though it allowed China to go forward with the meeting out of respect for their strategic partnership but then remained conspicuously silent about India’s threats against it in order to convey its disapproval towards Beijing.
***
Background Briefings
Russia’s UNSC stance towards Kashmir has generated a lot of discussion due to how differently it’s been interpreted, with some saying that Moscow sided with Islamabad by allowing the Beijing-initiated meeting to take place while others claim that it reaffirmed its support of New Delhi’s position by twice saying that it regards the issue as a bilateral one. The author takes the latter approach and extensively explained his views in the following analyses about the topic that were published within the last week:
Silence As A Statement
It’s the last one of the six aforementioned articles that’s the most revealing about what really influenced Russia’s position towards Kashmir. It wasn’t its relations with India or even Pakistan, but China, because Beijing brought the issue before the UNSC out of solidarity with Islamabad and due to its own national security stakes in the conflict even though Moscow would have preferred for this not to have been discussed at all in that format.
Russia allowed the meeting to go forward out of respect for its strategic partnership with China, but then remained deafeningly silent in response to India’s anti-Chinese threats, specifically the one made by Home Minister Amit Shah about how people “can die” over his country’s claims to Chinese-administered Aksai Chin and the overall concern that the Chinese Foreign Ministry officially expressed for its territorial sovereignty after India’s “Israeli”-like unilateral move in Kashmir earlier this month.
It’s very rare that the Russian Foreign Ministry misses an opportunity to opine about international matters, yet it chose not to make any comment whatsoever in response to a leading official in one of the world’s few nuclear-armed states threatening to kill people in its similarly nuclear-armed neighbor after his government made a move that infringed on their territorial sovereignty. This absence of action can be interpreted as an action in and of itself, namely one that conveyed the message that Russia is displeased with China.
The Limits Of The Russian-Chinese Strategic Partnership
At the very least, Russia is showing the world that it and China aren’t “allies” like many in the Mainstream and Alternative Media portray the two as being for their own separate reasons since it would have otherwise said something in Beijing’s defense had their relationship really been on that speculative level. Instead, Russia knew that saying the wrong word would ruin one of its two most important strategic partnerships, hence why it chose to stay silent and let India’s warmongering go unaddressed.
To be clear, it’s inconceivable that Russia endorses Shah’s statement or would in any way encourage Indian aggression against China’s territorial sovereignty so its silence shouldn’t be interpreted as support, the same way as its passive acceptance of China’s move to take Kashmir up with the UNSC shouldn’t be interpreted as support for the multilateralization of this issue either. Rather, Russia was forced into an unenviable strategic position due to events outside of its control and therefore sought to “balance” between all partners.
This, naturally, includes the global pivot state of Pakistan as well, with which Russia is currently engaged in a rapidly moving rapprochement that recently turned into a strategic partnership in its own right last year. That’s why Foreign Minister Lavrov accepted his counterpart’s invitation to talk about Kashmir last week and these two countries’ increasingly close military ties remain completely unaffected by Moscow’s UNSC stance towards the issue.
Triangulation
From the Russian perspective, each of the three states that are party to the Kashmir Conflict have their own roles in its grand strategy, which is why Moscow doesn’t want to offend any of them if it can help it. China is pioneering the Belt & Road Initiative(BRI) with which President Putin announced his plans to integrate the Eurasian Union, and it’s also a major customer for Russia’s resources. India, for its part, is a huge (but quickly declining) arms market, as well as a profitable partner when it comes to nuclear energy cooperation.
Meanwhile, Pakistan’s importance derives from Russia’s diplomatic and military-intelligence cooperation with it mostly stemming from their shared interests in bringing peace to Afghanistan, as well as the fact that Islamabad is Beijing’s top international partner. Nevertheless, Russia does attempt to “triangulate” between the three in order to promote the regional “balancing” act that it’s practicing through its “Return to South Asia“. For instance, China and Pakistan help Russia hedge against the implications of India’s pro-American pivot.
Likewise, the Russian-Indian Strategic Partnership could serve to “balance” China all across the Eastern Hemisphere if taken to its maximum extent in the long-term future and especially if Moscow clinches a “New Detente” with Washington that ends up indirectly involving the US in this relationship to that end. As for the Russian-Pakistani relations, Moscow can learn a lot from Islamabad’s experience being a key transit state for BRI via CPEC, which could in turn help it take better advantage of its role in the Eurasian Land Bridge.
Concluding Thoughts
Considering all of this, Russia would have preferred not to have been placed in a position where it’s forced to choose between its partners, but this was impossible after India’s “Israeli”-like unilateral move infringed on China’s territorial sovereignty and triggered Beijing into bringing up Kashmir at the UNSC, something that it didn’t necessarily have to do but did so anyway partly on behalf of its “iron brother” in Islamabad. The complicated strategic triangle of the Kashmir Conflict therefore put Russia in a very tricky position.
Unlike how it’s widely seen by both friends and foes alike (again, each for their own reasons), Russia wasn’t calling the shots at all this time, but merely reacting to them, and in a purely defensive way at that with the utmost care to avoid offending its three partners’ sensitivities through any unexpected moves that would contradict their expectations. Pakistan was unable to bring Kashmir up at the UNSC, nor was India able to prevent China from doing so, which is why Russia’s response was influenced by its relations with China.
Not wanting to actively disrespect China in front of the rest of the world, Russia passively allowed the meeting to take place, though it also remained passive in the face of India’s threats against its partner too in order to signal its disapproval of Beijing bringing Kashmir to the UNSC. If Russia had the choice, it would have rather that Kashmir not been discussed at the global body, but there’s no changing the fact that it was, though this means that Russia’s “balancing” act between China, India, and Pakistan just got all the more difficult because of it.
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This article was originally published on Eurasia Future.
Andrew Korybko is an American Moscow-based political analyst specializing in the relationship between the US strategy in Afro-Eurasia, China’s One Belt One Road global vision of New Silk Road connectivity, and Hybrid Warfare. He is a frequent contributor to Global Research.


https://www.globalresearch.ca/russia-unsc-kashmir-stance-india-pakistan-china/5686831


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Trump Regime’s Hardball with China: A Losing Strategy



Global Research, August 22, 2019

China is a major player on the world stage, geopolitical know-nothing Trump outclassed, outshined, and outwitted by its ruling authorities.
He’s an embarrassment compared to other major world leaders, a laughing stock geopolitical wrecking ball.
His regime’s unacceptable Indo/Pacific agenda made resolving major differences with China all the harder — notably US dirty hands all over months of disruptive protests in Hong Kong, along with selling F-16 warplanes and other heavy weapons to Taiwan.
Beijing’s Foreign Ministry spokeswoman Hua Chunying warned the Trump regime of “consequences,” stressing:
“China urges the US to fully recognize the highly sensitive and harmful nature of the relevant issue, abide by the one-China principle and the three China-US joint communiques, refrain from selling F-16 fighter jets to Taiwan and stop arms sales to and military contact with Taiwan.”
The sale of 66 F-16 warplanes was approved by the White House, supported by congressional leaders.
China considers Taiwan its sovereign territory, treating it as a breakaway province to be eventually reunited with the mainland. 
Its ruling authorities consider US arms sales to Taiwan a hostile act. Beijing earlier expressed outrage over the Trump regime’s approval to sell Abrams tanks, Hercules armored vehicles, heavy equipment transporters, and stinger anti-aircraft missiles to its military.
Since the early 1980s, one country, two systems has been official Beijing policy, part of its plan for eventual reunification of Taiwan with the mainland, the island state to be treated like Hong Kong and Macau, retaining their own administrative systems.
On January 1, 1979, the Joint Communique on the Establishment of Diplomatic Relations agreed to by Jimmy Carter and Deng Xiaoping formally established bilateral relations, ending official recognition of Taiwan, announced by Carter in December 1978.
The (1992 Consensus) one China principle affirms US recognition of one China comprised of the mainland and Taiwan.
Trump earlier said “(e)verything is under negotiation including one China,” angering Beijing. Its ruling authorities consider this issue nonnegotiable.
On Monday, Beijing’s official People’s Daily broadsheet slammed US bullying, stressing that China’s ruling authorities will defend the nation’s “developmental rights and core interests” — on trade, Taiwan, Hong Kong, and other issues.
The broadsheet slammed Washington’s “Cold War mentality,” aiming to “deprive China of its own development rights and to make sure China stays at the lower ends of the industry value chain.”
It criticized linking protests in Hong Kong to trade talks. Trump suggested the connection last week. 
On Monday, neocon hardliner Mike Pence said
“it would be much harder for us to make a (trade) deal if something violent happens in Hong Kong.”
Things have been violent for weeks, CIA and hostile to democracy National Endowment for Democracy (NED) dirty hands likely orchestrating and directing what’s going on — a US color revolution attempt against Beijing through Hong Kong.
US policy toward China aims to undermine its industrial, economic, financial, and technological development, along with weakening its political influence regionally and globally.
Unacceptable Trump regime demands and action make resolving major differences all the harder, China not about to subordinate its sovereign rights to US interests — what DJT fails to grasp.
Nor will its authorities tolerate US meddling in Hong Kong that have nothing to do with democracy, everything to do with destabilizing the city, China’s soft underbelly.
As long as Trump remains in power, heightened US/China tensions are more likely to increase than ease.
With the US economy softening, its freight shipments down eight straight months, industrial production slowing, bankruptcies rising, the inverted yield curve signaling weakness, and the Fed. Res. Bank of NY index showing a possible US recession in the next 12 months at its highest level since the 2008-09 great recession, chances are another is coming late this year or next.
Ongoing trade war with China, more US tariffs coming September 1, more likely by yearend or January, makes a global downturn all the more likely — maybe a stiff protracted one if wrongheaded US policies continue.
A Final Comment
Former White House council of economic advisers chairman under Obama Jason Furman believes “Trump’s China strategy is failing.” 
“His tougher approach has yielded no meaningful Chinese concessions but is increasingly damaging the US economy,” adding:
He “needs to change (his) strategy radically.” Based on the current trend, it seems unlikely.
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Award-winning author Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net. He is a Research Associate of the Centre for Research on Globalization (CRG)
His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”
Visit his blog site at sjlendman.blogspot.com.




https://www.globalresearch.ca/trump-regime-hardball-china/5686913


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