Tag Archives: China

Long-time pundit of Chinese politics, Bill Bishop, whose newsletter is well-read among Washington China policy circles, wrote on Tuesday: “The ability of the US government to decimate a major Chinese tech firm by cutting off access to US components is another reminder to China, as the Snowden revelations were, that China cannot ensure information security until it completely de-Americanizes its information technology infrastructure and replaces it with indigenous products.” Asia TimesNew...

US President Donald Trump announced on Friday he ordered strikes on the Syrian regime in response to a chemical attack last weekend. He said the strikes were in coordination with France and the United Kingdom. Syrian President Bashar al-Assad said his country is being "invaded" by the three countries. The Russian Embassy in the USA said in a statement that "insulting the President of Russia is unacceptable and inadmissible." In a sensational statement, Trump asserted the Bashar Assad...

So, if there is a reason for concern regarding China in the US, it is definitely the use of their developmental state to promote technological innovation. And as the graph shows they are catching up on spending, at least. I'm not sure I agree with the WSJ here, but they are certainly moving into high tech areas like AI.

The graph below illustrates the reasons for the concerns in the US and the somewhat erratic, but more combative position of the Trump administration. Note, also, that China is closing the gap on R&D spending and on the technological front, at a faster pace that I would have predicted (more on that for a later post).

Important backgrounder. Asia Times From Ankara to Moscow, Eurasia integration is on the move Pepe Escobar

Good backgrounder. Short and to the point. Emphasizes how geopolitics and geostrategy are historically influenced and path-dependent.Asia TimesThe geopolitics beyond the Skripal case Nicos Panayiotides See also Surprisingly good for Newsweek and the US media in general. No scaremongering. Short. NewsweekChina Military Tells Russia 'We've Come to Support You' Against U.S. Tom O'Connor

Donald Trump has proved the skeptics wrong, it seems that the American people stand to be big winners as a result of his trade war. The Chinese government announced a major initiative to promote the manufacture and use of generic drugs.... This can matter hugely for people in the United States since if China joins India as a mass producer of high quality generic drugs it will become increasingly difficult for the U.S. drug companies to maintain an island of protected prices in the United...

Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the internationalization of the Yuan, challenging the Dollar's supremacy as global reserve currency, when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own...

Diplomatic ping-pong. China seeks a "win-win," while Washington regards geopolitics as a zero-sum game.Asia Times Beijing’s ‘win-win’ Korean Peninsula scenario Xuan Loc DoanSee alsoNot only Turkey.Geopolitics AlertTurkey Breaks with NATO, Refuses to Expel Russians Jim Carey

The purpose of this article is to show how the proposed $60B trade tariffs on China will impact macro fiscal flows and investment markets. To assess this regulatory change, a balance of sectoral flow analysis has been used (following British economist Professor Wynne Godley's work)…. Seeking AlphaImpact Assessment Of $60B China Trade Tariffs Alan Longbon