Via Domain: Ansell chief executive Magnus Nicolin has warned China of “brutal” consequences as manufacturers leave the country over rising costs and fears at the escalation in trade war with Donald Trump. “So many manufacturers are moving out of China at breakneck speed. You don’t see it in the China-reported GDP growth numbers yet. I
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.
Via Bloomie: Hong Kong authorities deployed more aggressive tactics during the 10th straight weekend of anti-China protests, with riot police videotaped beating demonstrators in subway stations and officers going undercover to infiltrate the group and make arrests. The violent scenes emerged as protesters used flash mobs across the city, surrounding police stations, disrupting traffic, and hurling projectiles
Via Domain: Home Affairs Minister Peter Dutton says there’s “no point pretending there’s nothing to see here” on China, as a split opens between senior ministers over Andrew Hastie’s incendiary warning that Beijing poses a major threat to Australia. In a strong defence of his colleague on Friday, Mr Dutton said the former SAS captain
After Andrew Hastie called out the weak-kneed yesterday for failing to resist the rise of Chinese tyranny, a furious debate has erupted. The AFR leads us off with the good news: …public utterances such as Hastie’s are unhelpful. They aggravate an already volatile situation. China has Australia over a barrel economically. “They could put us
So says Andrew Hastie, head of Parliament’s powerful intelligence committee: “That intellectual failure makes us institutionally weak. “If we don’t understand the challenge ahead for our civil society, in our parliaments, in our universities, in our private enterprises, in our charities – our little platoons – then choices will be made for us. Our sovereignty,
And anyone else within earshot. Via the New Daily: China has threatened unspecified “countermeasures” if the United States goes ahead with plans to deploy ground-based missiles in the Asia-Pacific region, with a specific warning for Australia. “China will not stand idly by and will be forced to take countermeasures should the US deploy intermediate-range ground-based missiles in
Bloomie offers some thoughts today: A soft approach toward protesters addressing demands for democracy could show dissidents on the mainland that widespread upheaval can bring about political change, something that may imperil the Communist Party’s grip on power. At the same time, sending in Chinese troops to restore order risks an international backlash that may
Not yet anyway. It appears the issue was misreported by the MSM yesterday, via the ABC: Defence Minister Linda Reynolds has ruled out the United States deploying mid-range missiles in Australia, confirming no formal request has been made. Senator Reynolds said the issue was canvassed during high-level talks with her US counterpart, Defence Secretary Mark
As we know, CNY is now falling precipitously: FTAlphaville tapped the brain’s trust: We got in touch professor Pettis to find out. First, he noted that a 1-1.5 per cent appreciation of the renminbi is roughly equal to the potential impact on the Chinese economy of a 10 per cent tariff (as threatened by Trump). This, according
Good stuff from the old battleaxe at. of all places, the Diggers and Dealers event: “China remains an authoritarian country. But the economic importance of China to Australia is overwhelming, and we should never lose sight of that. Successive governments in Australia, from both sides of politics, have worked very effectively to keep a good
Where to begin! At home makes sense, with AUSMIN Australia-United States Ministerial Consultations, which have delivered an epochal commitment to ANZUS, via The Australian: Secretary of State Mike Pompeo says the US-Australia alliance is entering a new era in the face of a rising China, declaring “the time is right” for both nations to step up
Via the ABC: Tourists travelling alone from dozens of Chinese cities can no longer apply to visit Taiwan anymore, as tensions between Beijing and Taipei continue to rise. On Wednesday, the Ministry of Culture and Tourism made a surprise announcement that Beijing would suspend individual travel permits to Chinese tourists from 47 cities — including
Some amusing stuff today on US/China trade talks. They’re going nowhere, via Reuters: U.S. and Chinese negotiators wrapped up a round of trade talks on Wednesday without visible signs of progress and put off their next meeting until September, extending an uneasy truce between the world’s two largest economies for at least a month. …The
Via Michael West comes the WTF of the day amid intense competition: This is the story the Murdoch press buried. Investigative reporter, Anthony Klan, defected from The Australian newspaper after News Corp bosses muzzled his investigations, including this expose into secret Chinese plans to establish a mega-pilot training facility on an Australian airforce training facility. Virgin
Via Domain: Serious “rioting” charges have been laid against 44 people, the youngest 16 years old, a day after Beijing urged the Hong Kong government to “punish” protesters who have taken to the streets for two months. Television news broadcasts on Tuesday evening in Hong Kong showed police with batons and shields trying to disperse
Leading us off, The Guardian joins the frenzy: A federal MP has revealed extraordinary allegations from a former Crown casino driver who claims he transported foreign nationals to the company’s Melbourne hotel from a private jet base without being subject to border security checks and saw women degraded, abused and “slapped around”. …Wilkie said the
Via the ABC comes more news on the growing US naval base near Darwin: The United States military is preparing to spend more than a quarter of a billion dollars on naval construction in the Northern Territory, in a move that could raise tensions with China. A recent draft US Congressional bill uncovered by the
All weekend there were protests and running battles. Saturday night via The Australian: The battle for Hong Kong’s future in its summer of discontent spread from the skyscraper-lined avenues of the city centre to a new front line near the Chinese border last night. Tens of thousands of black-clad protesters defied a police ban to
Interesting stuff out of Brussels today. First, The Guardian: Brussels has roundly rebuffed Boris Johnson after he laid down tough conditions for the new Brexit deal he hopes to strike over the summer. Speaking to the House of Commons for the first time as prime minister on Thursday, Johnson reiterated his campaign pledge of ditching
Via News: Asia has just taken a giant leap towards disaster: The combat jets of four nations have squared off above a disputed island. Vietnam is challenging an aggressive Chinese spy ship. And the Philippines has appealed to the US for protection. Overnight, a chaotic confrontation unfolded above a tiny island claimed by both South
A new Chinese Defense White Paper today makes poor reading. Via The Australian: In its national defence white paper, China’s National Defence in the New Era, Beijing cited an increasingly assertive US, the deployment of a missile defence system to South Korea and an outward-looking Japan as among the factors contributing to great power competition
The new and radically less friendly Communist Party of China has occupied Aussie universities. Via the ABC: Punches have been thrown at the University of Queensland as students clashed over their views on China and pro-democracy protesters in Hong Kong. The ABC understands pro-Chinese activists gate-crashed a protest by fellow Chinese students showing solidarity for
Via Quillette: It has become something of a truism to say that China will rise to a position of global dominance in the twenty-first century. All the evidence seems to support the thesis and we are flooded with the most fantastic figures charting the rise. Harvard political scientist Graham Allison treats us to a selection
Hong Kong keeps burning, via Bloomie: Hong Kong police fired tear gas to disperse demonstrators who had earlier surrounded China’s main local government office, as an otherwise peaceful protest march turned tense late Sunday. Clashes broke out as police attempted to clear the remnants of the latest mass rally against the government and its now-suspended
Via the excellent Richard McGregor at CNN: The backlash abroad against President Xi Jinping’s China, at least in developed nations, has spread rapidly in the last year. Some countries, like Australia and Canada, feel patronized and bullied. Neighbors worry they are being marginalized. Advanced industrial nations, especially Germany and South Korea, see China coming at
Farewell Chinese soft power. Hello Angry China, via The Guardian: Australian writer Yang Hengjun is expected to be formally charged with endangering national security, according to his lawyer. Yang, a Chinese public intellectual who has long advocated for democratic reforms in China, has been detained for the last six months in an unknown location in China.
Via the ABC: Australian students are being taught Chinese language and culture by teaching assistants vetted by the Chinese Government for “good political quality” and a love of “the motherland”. The assistants teach Mandarin alongside Australian teachers in classrooms and universities across the country under the Confucius Institute program overseen by Chinese Government agency Hanban.
Via Bloomie: Hong Kong police arrested 37 people after attempts to clear the remnants of another mass large protest march against the government Sunday resulted in clashes with demonstrators in a suburban shopping mall. Scuffles broke out in New Town Plaza as police moved to clear the last stragglers from a rally in Sha Tin,
by Chris Becker Following the jump in USD on the Friday night unemployment print, the PBOC has re-entered the easing game, resetting the Yuan fix to a much lower 6.8881 from Friday’s 6.8697. Offshore trading in Yuan (USDCNH) is already moving back above 6.89: This is part of Beijing’s ongoing manipulation of its currency as
From Professor Ross Garnaut at the Melbourne Economic Forum: DANGERS FOR AUSTRALIA Australia has gained exceptionally from internationally-oriented growth in Asia over the past half century -but the open trading system that underpinned that growth is breaking down. The breakdown arises from -inappropriate responses to a mixture of -valid (security, intellectual property rights integrity), spurious