China American Cold War

In mid-2018, the US declared the China American Cold War a go. It comprised a series of ratcheting trade tariffs by the Trump Administration directed at China. these were directed largely at shifting global manufacturing supply chains, especially in technology, away from China. The measures were directed specifically at China’s stated aim of dominating global technology, artificial intelligence and robotics by 2025.

Other dimensions of the growing Great Power conflict included freedom of navigation through the South China Sea where China had constructed series of far-flung militarised atolls that armed the distant approaches to its mainland and effectively claimed that ocean as sovereign Chinese.

The Cold War was also concentrated around Chinese ‘sharp power’ which had made significant inroads in influencing policy outcomes within the US alliance network in and around the Asia Pacific via bribes, debt diplomacy and corruption of media.

The China American Cold War showed all of the characteristics of an historic, ideological struggle between liberal democracy and statist growth that had defined the 20th century battle between the US and the Soviet Union.

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Gottiboff demands kow tow as China property buyers in “sudden slump”

Via Gottiboff today: Relations between Australia and China have rarely been worse and there has been a sudden slump in the buying of Australian real estate by mainland Chinese—led by lower demand for Sydney apartments. There are fears the real estate downturn may extend to education and tourism –an escalation that is almost certain if

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CCP building a fourth aircraft carrier

Via The National Interest: The People’s Liberation Army Navy—more commonly known outside of China as the Chinese Navy—is modernizing at a breakneck pace. Chinese shipbuilders have built more than one hundred warships in the past decade, a build rate outstripping the mighty U.S. Navy. Most importantly, China now has two aircraft carriers—Liaoning and a second

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“Double agent” Gladys Liu linked to OBOR push

Via Herald Sun: A close friend of Liberal MP Gladys Liu last year set up a group to campaign for China’s controversial Belt and Road Initiative within Australia and the Pacific. Prominent property developer Chen Guo Jing has been described on Chinese language sites as the “implementer” of the Australasia Belt and Road Advocacy initiative.

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Bullied student seeks restraining order against Angry China diplomat

Via Domain and drawn from the OMG files: A University of Queensland student has sought a court order similar to a restraining order against the Chinese Consul-General in Brisbane, Dr Xu Jie, who he claims has endangered him by describing him as an anti-Chinese separatist in a statement published on the Consul-General’s website. Drew Pavlou,

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Australian dollar whacked as US Congress hoses LeBron James

Pulling a LeBron James might enter the lexicon as something along the lines of: “as, of, or pertaining to, selling out liberal values for a Chinese Communist Party buck”. Sinocism has the links: Charania: Inside what went on among Nets and Lakers players on the ground in China amid the NBA-China conflict – The Athletic $$

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Watch: Alleged CCP agent shuts down Melbourne protest

Can’t vouch for it but makes sense: Via Crikey last week: Feng Chongyi works from a small, cramped office at Sydney’s University of Technology, where he is associate professor in China Studies. Hanging on his wall is a photo of him, in 2006, sitting with top liberals and democrats within the Communist Party’s Central Committee.

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How will Trump’s trade non-deal impact markets?

Via Damien Boey from Credit Suisse: On Friday evening, the Trump administration announced a partial trade deal with China (Phase I). Key ingredients of the deal include: Delay of tariff increases that would have taken effect on 15 October. Increases in Chinese purchases of US agricultural products. Intellectual property measures. Greater currency transparency. Greater concessions

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4Corners: Aussie unis aid CCP “global surveillance apparatus”

Perhaps this explains Peter Dutton’s sudden China hawkishness, via the ABC: Australia’s top universities could be aiding the Chinese Communist Party’s mission to develop mass surveillance and military technologies, amid rising concerns from Australian intelligence agencies that they are putting national security at risk. A joint Four Corners-Background Briefing investigation has uncoveredextensivecollaborations between Australian universities

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Peter Dutton stands up to China at last

Via the ABC: One of the Morrison Government’s most senior figures has taken a direct swipe at Beijing, accusing the Chinese Communist Party of behaving in ways that are “inconsistent” with Australian values. The Home Affairs Minster also criticised China’s Belt and Road Initiative and defended a ban on using Huawei to help build Australia’s

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Is it just me or are China’s reactions increasingly unhinged?

Part of my investment thesis on China is that the underlying structural issues have been laid bare by the trade war. Regardless of any face-saving deal, the problems will not go away. China’s reactions to three events in the past week appear increasingly unhinged and are likely to accelerate the process. Background China entered the

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Fortescue demands Australia kow tow to China

Via The Australian comes the oligarchs: Fortescue Metals Group boss Elizabeth Gaines has warned that China will look to develop alternative iron ore supplies outside the Pilbara if Australia neglects its relationship with its biggest trading partner…Ms Gaines said the Australian business community needed to maintain its influence in public debate on political policies. “The

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China’s capital war nuclear option

Via FTAlphaville: Some news Tuesday, via Bloomberg: The Trump administration is moving ahead with discussions around possible restrictions on portfolio flows into China, with a particular focus on investments made by US government retirement funds, people familiar with the internal deliberations said. China, so far, has pursued a policy of fighting fire-with-fire when it comes to

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Is ANZUS worth the paper it is written on?

ScoMo thinks so: Scott Morrison has named the ANZUS Treaty with the US, which formalised the Australia-US alliance and was negotiated and signed by the Menzies government in 1951, as “the single most important achievement” of the Liberal Party in government. In an exclusive interview to mark the party’s 75th annivers­ary, the Prime Minister said

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Can the CCP control the whole world?

We all know the story. Chinese kiddies wanted freedom so they staked out Tienanmen Square. The Chinese Communist Party shot them instead and drew up a new social contract that promised capitalism with Chinese characteristics in return for permanent CCP dictatorship. That’s the same deal you’re being offered today. Before you decide whether you want to

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Angry China intimidates across Australia

Via SCMP: China’s ambassador to France has derided President Emmanuel Macron’s diplomatic team for endorsing a “hypocritical” statement on Hong Kong issued by the European Union. Lu Shaye, who is known for his hardline remarks while he was ambassador to Canada, expressed “deep contempt” for Brussels, saying it was “glorifying” the use of violence by

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China “balking” at trade deal

Fresh from Bloomie: Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce. In meetings with U.S. visitors to Beijing in recent weeks, senior Chinese officials have indicated the range of topics they’re