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Tag Archives: China

Saudis Boost Crude Oil Exports To China By 47% In 2019 — Tsvetana Paraskova

The world’s largest oil exporter, Saudi Arabia, significantly raised its crude sales to the world’s largest oil importer, China, in 2019, boosting its exports to China by 47 percent and beating Russia for the top Chinese supplier spot for the first time in four years, according to Chinese customs data as carried by Reuters on Friday. While Saudi Arabia restricts production under the OPEC+ deal, it has prioritized shipments to the most prized markets, China and Asia, at the expense of...

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Coronavirus: Not Looking Good — Yves Smith

  Update on what is known. A lot remains unknown or unclear, especially in the fog of panic. There is also considerable misinformation. The push is on to isolate the disease to prevent pandemic. This creates an impression that the worst is already happening when it is not. The worst case is a mutating virus and as far as is known, this is not happening — yet.  Let's keep this is perspective though. The likelihood of contracting coronavirus is still very low in most places, and the...

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Politically Motivated Attempts to Own or Disown China as “Capitalist” — Peter Cooper

There are often attempts in the west to depict China as capitalist rather than socialist. After decades of China going from strength to strength on macroeconomic criteria – and in view of its undeniable achievement in reducing poverty at a rate unmatched in recorded human history – some on the right wish to deny that this could have been accomplished through socialism and so instead claim China to be capitalist. At the same time, there are those on the left who wish to distance notions of...

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Andrew Batson — Who won the battle of ideas in China?

And the winner is — wait for it — Xi Jinping. This is an important backgrounder to understand the direction that the Chinese leadership is taking. Very dialectical. Xi is bent on effecting a consolidation of Chinese history and culture in the New China. Xi is emerging as one of the most significant thinkers in the history of Chinese thought. Chinese thought is very subtle and quite unlike Western thought. Xi, of course, understands it in depth, but very few Western commentators are able...

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Why China’s Mobile Coverage is Superior to that of the US — Zhang Chi

China treats Internet access as a public good and provides it universally as a public utility.Actually, many countries have wider access to better connection at a more reasonable price than the US. The Internet in the US is another rent-extraction machine.The US puts its public monies into the war machine and black budget paramilitary.China is arguably wise to do this rather than "generous." The basis for a developed society, including the economy, is security, social cohesion, culture,...

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A New Pipeline Could Undo America’s Influence In Asia — Simon Watkins

From the moment that the U.S. re-imposed sanctions in earnest on Iran late last year, Pakistan has been looking at ways to resuscitate a deal that had been agreed in principle before the U.S. unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA) last May. This deal involved moving as much gas as Pakistan needs from Iran’s Asalouyeh into Pakistan’s Gwadar and then on to Nawabshah for further transit if required. At the same time, China has been in long-running discussions...

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Weekend Reading — China edition [Updated]

Alternatives to the reporting in conventional media. MediumXinJiang: Facts Vs. Fiction He Zhao China Rising (July 2019)Confucius, Laozi and Buddha are humbly winning against the imperial West, in troubled Hong Kong. Jeff J. Brown As Jeff Brown forsaw.Moon of AlabamaWhy The Hong Kong Riots Are Coming To An EndThe GrayzoneHong Kong’s opposition unites with Washington hardliners to ‘preserve the US’s own political and economic interests’ Ajit SinghBill Totten's WeblogFrom Idlib to...

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America’s War on Chinese Technology — Jeffrey D. Sachs

In the run up to the Iraq War, then-US Vice President Richard Cheney declared that even if the risk of weapons of mass destruction falling into terrorist hands was tiny, say 1%, we should act as if it were certain by invading. The US is at it again, creating a panic over Chinese technologies by exaggerating tiny risks.... With all respect due, Professor Sachs is simply wrong about the logic here. The logic for attacking Iraq had to do chiefly with control of the Middle East, the center of...

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