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Tag Archives: China

7 Decades of China’s achievements — Zamir Ahmed Awan

China is an old civilization and has been passing through various ups and downs throughout history. Which is very much rational and the natural cycle of human history. There was a time when Romans were at the peak, but today they stand nowhere, British and French colonialized half of the world, but today squeezed to a small state only. Ottoman Empire in Turkey was in control of parts of Asia, Africa, and Europe, but today is a small developing nation. Every peak has to pass through fall, it...

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Bolton’s exit raises odds of US-China trade deal — Spengler

Good article, and I agree that John Bolton's departure is a positive move.  That said, the larger obstacle is US Trade Representative Robert Lightizer. Bolton's focus was on taking down Huawei. Lightizer's focus is taking down change with a view to regime change.  This is ultimately a replay of the successful push to take down the USSR, which the American elite believe was accomplished by economic warfare.  The real objectives are the Chinese Communist Party and communism as a...

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Zero Hedge — China Accuses Apple, Foxconn Of Breaking Chinese Labor Laws

The biggest surprise, however, is that China appears to be right. When contacted by Bloomberg, Apple said that, after conducting an investigation, it found the “percentage of dispatch workers exceeded our standards” and that it is “working closely with Foxconn to resolve this issue.” It added that when it finds issues, it works with suppliers to “take immediate corrective action.” Foxconn Technology Group also confirmed the dispatch worker violation following an operational review....  Zero...

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Steve Bannon’s Gift — Chris Faure

Get ready for it! If you thought that the demonization of Russia and incessant Russophobia over the past years from the West, with hardly a highly likely shred of evidence, was unconscionable and the absolute pinnacle of all demonization campaigns ever, get ready for the demonization of China. In true Hollywood Blockbuster style, the China Fearcampaign promises to be bigger and better theater than the complete demonization of Russia. The campaign is focused, has a highly skilled leader, is...

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Reuters — No place like home: Chinese firms stung by trade war build up domestic brands

Trump wants to bring the jobs home. That means huge capital investment, ramp up of facilities, training workers, etc. All China has to do is redirect production from exports to domestic consumption, which will simply requires increasing domestic demand. The obvious way to do this is to reduce saving and increase spending by expanding social welfare, which an objective of the CCP anyway. And it's in the 5-year plan to shift emphasis from external to domestic and to gradually increase the...

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Flailing at China — Stephen S. Roach

Despite years of denial, there can no longer be any doubt that the US is pursuing a bipartisan containment strategy vis-à-vis China. Whether justified or not, the real problem with this strategy is less the merits of the allegations leveled by US politicians than the incoherence of the Trump administration’s policies to address them.... It's still "Red China," after all.Stephen Roach understand Chinese political economy. This is a good summary of his course at Yale on "The Next...

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China Goes Generic! — Dean Baker

Must-read. It's short.Not only does this have a potentially huge impact on Big Pharma, but it is also China poking the US in the eye in retaliation for it regards as humiliation. So it is also "saving face."Perhaps the largest and longest lasting impact of the trade war that is already occurring is the change in attitude of Chinese consumers about American products. The Chinese are very nationalistic and patriotic. They are also ethnically proud and justifiably so based on being able to...

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Traffic Jam in Shenzhen, China

” The long line of trucks is a traffic jam of military trucks. Shenzhen (China), to state the obvious, is across the border and located just north of Hong Kong (see map). This show of force could still be a well poised threat to Hong Kong warning them to discontinue their protests or else. Shenzhen is an approximate 20 miles from Hong Kong and can be traveled by rail, bus, or limo. Click on the images to enlarge. On a business trip, I was scheduled to...

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Neoliberalism Has Met Its Match in China — Ellen Brown

Spross quoted former bank CEO Richard Vague, chair of The Governor’s Woods Foundation, who explained, “China has committed itself to a high level of growth. And growth, very simply, is contingent on financing.” Beijing will “come in and fix the profitability, fix the capital, fix the bad debt, of the state-owned banks … by any number of means that you and I would not see happen in the United States.”... This did happen to a degree in the US, when the Fed stepped up to save the financial...

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