Via Sinocism: The relevant authorities released the Plenum decision Tuesday, so far there is no official English version, in my initial read I did not see anything surprising given what what came out last week. That may change with a closer read. Sinocism readers will not be surprised by the news that China has made
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.
FT says he is mulling doing so: Trump administration officials are debating whether to remove some existing tariffs on Chinese goods as a concession to seal a partial deal that would pause the trade war with Beijing as early as this month. According to five people briefed on the discussions, the White House is considering
Via Sinocism today: 习近平会见林郑月娥 Xi met with Carrie Lam Monday in Shanghai, says the Party Center has confidence in her. Minister of Public Security Zhao Kezhi attended the meeting. 在听取了林郑月娥关于香港近期局势的汇报之后，习近平表示，香港“修例风波”已持续了5个月，你带领特区政府恪尽职守，努力稳控局面、改善社会气氛，做了大量艰辛的工作。中央对你是高度信任的，对你和管治团队的工作是充分肯定的。止暴制乱、恢复秩序仍然是香港当前最重要的任务。依法制止和惩治暴力活动就是维护香港广大民众的福祉，要坚定不移。同时，要做好与社会各界对话和改善民生等工作。希望香港社会各界人士全面准确贯彻“一国两制”方针和基本法，齐心协力，共同维护香港的繁荣稳定。 After listening to Carrie Lam’s report on the recent situation in Hong Kong, Xi Jinping said that the Hong Kong SAR government, under your leadership,
Via the WSJ: The U.S. is trailing China in numerous critical technologies, making the role of the private tech sector more important than ever to American national and economic security, a Defense Department official said Wednesday. Michael Brown, director of the Defense Innovation Unit, a branch of the Pentagon, said that while the U.S. has
Via the ABC: China is warning Australia to avoid straining bi-lateral relations following criticism from Australia’s Foreign Minister Marise Payne on China’s human rights record. During a foreign policy speech in Sydney on Tuesday, Senator Payne said Australia would continue to advocate for democracy and human rights in China, adding that staying quiet on sensitive
Depending upon how big the bribe and how stable the nation. Via Sinocism today: China and West clash over claims Beijing oppresses Uighurs – AP Belarus read a statement on behalf of 54 countries commending “China’s remarkable achievements in the field of human rights” and taking note “that terrorism, separatism and religious extremism has caused
Via Gottiboff: Almost half the Telstra share base comprises retail investors who rely on the company’s dividends to shield them from the impact of lower interest rates. What few Telstra shareholders realise is that the global Huawei saga of recent months has the potential to link future Telstra dividends to the flow-on repercussions created by
Sigh. It’s awful to watch, via the AFR: Chinese billionaire Huang Xiangmo is set to make a $135 million profit from a Sydney planning decision, after the deputy mayor of a local council failed to declare his $4 million interest in another company owned by the property developer. Simon Zhou, an independent who holds the
Via the AFR: China’s restrictions on Australian coal are expected to remain in place into next year as Beijing seeks to moderate a spike in foreign imports of the commodity to protect domestic supply. While there had been hopes in Canberra that the unofficial quota on Australian coal exports to China would be wound back
Bravo! Via the AFR: Even by the regular standards of modern campus activists, Drew Pavlou is particularly annoying. …He has just been elected – by the largest margin ever, he boasts – to the university Senate, which he plans to use as a platform for a campaign to sever its connections with the Chinese government,
Via the Daily Mail: The Labor Party has been reluctant to seek answers on why the Chinese frigates sailed into Sydney Harbour. The Opposition’s foreign affairs spokeswoman Penny Wong, who hails from Labor’s left faction, didn’t pursue the issue in Senate Budget estimates committees last week. The Labor Opposition failed to ask even one question
Via FTAlphaville: Capital Economics has an interesting note out today on the impact of protest movements on growth in emerging markets. The note looks at the impact of dozens of large-scale protests and is worth reading in full, but we are going to focus on what it says about Hong Kong’s street movement. We think
US vice-President, Mike Pence, former nut job turned sane summed it Hong Kong nicely last night: “No longer will America and its leaders hope that economic engagement alone will transform Communist China’s authoritarian state into a free and open society that respects private property, the rule of law, and the international rules of commerce. Hong
Via Sinocism today: US China Trade War News: China May Buy $20 Billion in Farm Goods – Bloomberg China aims to buy at least $20 billion of agricultural products in a year if it signs a partial trade deal with the U.S., and would consider boosting purchases further in future rounds of talks, people familiar
It’s harvest time for Carrie Lam, via FT: Pro-democracy campaigners have warned China that its move to ditch Carrie Lam, Hong Kong’s embattled leader, was unlikely to end the protests that have engulfed the territory. Beijing is drawing up plans to replace Ms Lam, with an “interim” chief executive possibly as early as March, after
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
As reported last week, via SCMP: A building frenzy in southern China’s answer to Silicon Valley has driven the vacancy in Grade A offices to a record high, putting the squeeze on part-time developers whose blind inexperience have led them into the industry. A record 1.79 million square metres (19.27 million sq ft) of vacancy, equivalent
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
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.
From Nathan Attrill at Lowy Interpreter: In a week which began with images of Xi Jinping waving at his own giant portrait in a military parade for the People’s Republic of China’s (PRC) 70th anniversary, it ended in an even more surreal manner – with a cartoon Winnie the Pooh being strangled to death in
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,
Via S&P: China would probably agree to a side deal on currency policy if it rests on allowing market forces to play a greater role, said S&P Global Ratings today in a report titled “Trade Deal Entree With A Side Of Currency.” The U.S. has become fond of including currency provisions in its recent trade
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 $$
Via Bloomie: Hong Kong’s subway system has closed early for more than a week, effectively cutting off the main mode of transportation for millions of residents. Many are now wondering how long it will last. Following unprecedented vandalism on the night of Oct. 4, when Chief Executive Carrie Lam banned face masks after invoking emergency
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.
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
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
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