Tag Archives: Sino-American rivalry

The message to the CCP: Abandon control of the commanding heights. Will China buy it? If it does, it's the beginning of the end for China socialist experiment, as Michael Hudson warned on his recent visit there. Hudson was particularly strong on not opening up financially, which it seems, on the surface at least, that China has already committed to do.If it does, China goes full-on capitalist. This hardly means that China becomes a permanent US vassal, however. The driving force is...

The Chinese government defended relations with Russia and stressed that they do not target third countries. “[China and Russia] stick to a new kind of interstate relations… that are not directed against third countries,” said Chinese Foreign Ministry spokesman Gen Shuang. Beijing’s official statement comes a day after US intelligence director Daniel Coats claimed that China and Russia are collaborating to confront Washington’s policy.... Fort Russ NewsChina stresses its cooperation with...

As the US is trying to do with China now, Britain tried to constrain the rise of its former colony become competitor. That didn't turn out so well. The US should take note. China is now pursuing a similar catch up and surpass policy that the US used against Great Britain, namely, "the American system of Hamilton and Clay," or "the national system "of Friedrich List. "Follow the leader," aka "leapfrogging."Project SyndicateAmerica Must Face Reality on China P.H. Yu | Chairman of the...

All the evidence before the spy bosses at the dinner in Canada pointed to a rising superpower mounting the most comprehensive campaign of espionage and foreign interference that any had witnessed. The Party was aggressively exporting a worldview that was hostile to democracy and actively sought to undermine it. A new Great Game was afoot and the West had been slow to act. But it is acting now.Operation hang up on Huawei: how it happened:February 24 - Malcolm Turnbull lobbied US spy...

Dean Baker argues that what the president considers a winning deal with China is a good deal for US transnational corporations but a bad deal for American workers. Moreover, it only s good deal short term for corporations and likely a bad deal longer term. What Baker doesn't mention is that the hardline approach to China that the Trump administration is taking on all levels is looked upon in China as must more Western humiliation of the oldest continuous civilization on the planet. The...

Deal-breaker for the US. The "trade war" is about submission to the US. That is a non-starter for the Chinese. It's uni-versus multi-lateralism.ReutersChina says willing to meet U.S. over trade issues on equal footing

These are some contributions the United States government has made to China's reform and opening up – one failed attempt at sabotage after another. And it won’t stop until the "America first" policy has become worn out, and China's reform and opening up policy has become unbreakable.... The message to the people of China. Western powers are still trying to humiliate China, now chiefly the US. This is the most powerful adversarial message short of accusing the US of threatening war.The...

Translation: The US needs to quit playing the victim when it is actually the perp.EcnsThe five fallacies in Pence's China speech Xinhua See also Reuters U.S. draws China FX into trade dispute as IMF calls for resolution Also Zero Hedge The Perfect Storm Bringing China And Russia Together Vanand Meliksetian via Oilprice.com Also Reuters U.S. security adviser Bolton vows tougher approach to China Also Valdai Club Eurasia’s Great Projects: Assets and Liabilities...

Zero HedgeFormer Fed Governor Warns Of "Several Decade Cold War" With China Tyler Durden

In a previous post (Milton Friedman: A Man of the Past?), I concluded that Milton Friedman, an extreme advocator of "free market" and individualism, is mostly an economist of the past. In this post, I will highlight John Maynard Keynes, a balanced advocator of both "free market" and "managed market", as the best economist since 1899.... Frank Li is a Chinese ex-pat now a businessman in the US, has a BE, ME, and PdD in electrical engineering. So cut him some space on the economics. He is...