Zhong Xuanli does not exist as a person but does exist as the collective voice of the Bureau of Theory at China’s Central Propaganda Department.
In two massive commentaries in the influential People’s Daily, “Zhong” waded into the trade war row with the finesse of a wrecking ball.
Taking aim at a 45-minute policy speech made by the United States Vice-President Mike Pence at the Hudson Institute in Washington, the Communist Party provocateur countered:
“It is noteworthy that [Chinese] growth was achieved as the US has strictly restricted the categories of exports to China and banned the sales of certain high technologies.
“The US trade deficit with China would probably be narrower if the US allowed sales of high-tech products to China. If the US sold four [Gerald R.] Ford-class aircraft carriers priced at US$15 billion each, it would easily make up for a $60 billion trade deficit with China.
“Pence even said that much of China’s success was driven by American investment in China and that the US ‘rebuilt’ China over the last 25 years – what a huge joke!”
Indeed, it is inconceivable that Washington would ever sanction the sale of Ford-class carriers, which are at the sharp end of America’s maritime power. But the fact they were mentioned illustrated how relations have become frozen in a Cold War permafrost.
Earlier this month, Pence accused China of military aggression, commercial theft and human rights violations as he cast the world’s second largest economy in the role of a regional bully in Asia.
His speech preceded a report by the Pentagon that China represents a “significant and growing risk” to the supply of materials vital to the US military.
Yet in Beijing, President Donald Trump’s trade conflict is seen increasingly as a way to contain the country’s growing economic and military might.
By weaponizing tariffs on more than $250 billion worth of Chinese imports, Trump’s administration hopes to force President Xi Jinping’s government to change direction.
This, of course, would involve recasting the “Made in China 2025” high-tech program, as well as adding a layer of transparency to the Belt and Road Initiative, which is at the heart of Beijing’s foreign policy push.
“The world’s two largest economies – China and the United States – are engaged in a full-blown trade war, and what Trump hoped would be a blitzkrieg has turned out more like trench warfare,” Keyu Jin, a professor of economics at the London School of Economics,” said. “Many fear that this is only the beginning of a long conflict that could include weapons – and casualties – far outside the realm of trade.
“Yet, in China’s view, what the US is really reacting to is not only the specifics of its trade policy but also its overall development model and its aspirations to become a major global power – aspirations that are not out of reach,” Jin added. “In fact, the Chinese believe, Trump’s trade war effectively proves that China has become a real and present threat to American hegemony.”
Before the annual meeting of the International Monetary Fund and the World Bank in Bali at the weekend, the IMF managing director Christine Lagarde warned of the damage the trade war would cause.
“The stakes are high because the fracturing of global value chains could have a devastating effect on many countries, including advanced economies,” she said.
Uncertainty has always been the breeding ground for anxiety.
Last week, stock markets tanked after a wave of negative data about the global economy and rising trade tensions between Washington and Beijing.
On Monday, Asian indices wobbled again. But then, hard economic facts have a habit of drowning out the collective voice of the Bureau of Theory.
Unfortunately, the US doesn’t approve of foolishness and fears no one.
False.
False.
Salzer Rahma, so you want water csnnons only.
Salzer Rahma, so you want water csnnons only.
Very true. CommChise (Communist Chinese) are nothing but pirates and thieves. Look, all their neighbors are complaining of landgrab aside from smuggling which includes dangerous drugs, poisonous canned milk powders, toys, etc.
Very true. CommChise (Communist Chinese) are nothing but pirates and thieves. Look, all their neighbors are complaining of landgrab aside from smuggling which includes dangerous drugs, poisonous canned milk powders, toys, etc.
False.
False.
To your according.
To your according.
False.
False.
College Kiosk Taiwan is independent by their own law and have been since the 1949 civil war when the ROC was overthrown and the new Chinese state was formed. Taiwan broke away at that point and have never returned despite Chinese insistence that Taiwan is part of the "One China" policy it is something the Taiwanese have never accepted and just because the U.S and EU accept the policy don’t mean the Taiwanese have. It is their choice to make, not Beijing’s nor the West’s.
Hong Kong is an SAR (Special Administrative Region) This means that it is part of China however it has the right to make its own law and governmental structures etc. As part of the handover from Britain to China their was an agreement made which resulted in what is referred to as "Basic law" This agreement was wide reaching and covered a huge amount of things including HK’s rights as an SAR and fundamental human rights including democratic representation. The basic law has been in many cases abused and often completely ignored. The Cantonese people that reside in Hong Kong are one of the most populous groups in the world (An estimated 800m Cantonese speakers) Their right to freedom of speech has been met with attacks, banning of groups based on abuse of Basic law policies and mass arrests (long prison sentences) for anyone protesting, their have also been more than a few mysterious disappearances of key political figures that on some occasions have turned up months later on Chinese state news apologising for their behavior in opposing the Chinese govenment. The recent few years this has got far worst with people running for office banned on innocuous grounds and the curtailing of political and personnal freedoms. only a few weeks ago a high profile journalist from the financial times had his visa renewal rejected, the reason? he dared to allow a member of an opposition party speaking time in a FT conference.
College Kiosk Taiwan is independent by their own law and have been since the 1949 civil war when the ROC was overthrown and the new Chinese state was formed. Taiwan broke away at that point and have never returned despite Chinese insistence that Taiwan is part of the "One China" policy it is something the Taiwanese have never accepted and just because the U.S and EU accept the policy don’t mean the Taiwanese have. It is their choice to make, not Beijing’s nor the West’s.
Hong Kong is an SAR (Special Administrative Region) This means that it is part of China however it has the right to make its own law and governmental structures etc. As part of the handover from Britain to China their was an agreement made which resulted in what is referred to as "Basic law" This agreement was wide reaching and covered a huge amount of things including HK’s rights as an SAR and fundamental human rights including democratic representation. The basic law has been in many cases abused and often completely ignored. The Cantonese people that reside in Hong Kong are one of the most populous groups in the world (An estimated 800m Cantonese speakers) Their right to freedom of speech has been met with attacks, banning of groups based on abuse of Basic law policies and mass arrests (long prison sentences) for anyone protesting, their have also been more than a few mysterious disappearances of key political figures that on some occasions have turned up months later on Chinese state news apologising for their behavior in opposing the Chinese govenment. The recent few years this has got far worst with people running for office banned on innocuous grounds and the curtailing of political and personnal freedoms. only a few weeks ago a high profile journalist from the financial times had his visa renewal rejected, the reason? he dared to allow a member of an opposition party speaking time in a FT conference.
Vikram Reddy lode ke tittar
Vikram Reddy lode ke tittar
Hong Kong and Taiwan are parts of China
Hong Kong and Taiwan are parts of China
Billy Biswas lode ke tittar