Saturday, November 23

Tag: China

Beijing Strikes Back Against Western Sanctions
17Jun By Spencer HayesNo Comments
Diplomacy, Globalization, Global Disintegration, Human rights, Sanctions, Types of News: Brief

Beijing Strikes Back Against Western Sanctions

June 17, 2021--China's National People's Congress passed sweeping legislation last week to retaliate against Western sanctions and those who enact them. The Anti-foreign Sanctions Law gives China's authority to blacklist individuals and organizations who create or implement discriminating measures against China or its citizens or interfere with China's internal affairs, according to a Reuters analysis of the legislation. If targeted and placed on a blacklist, individuals and organizations could face the following consequences: Deportation from ChinaBanned from travel to China.Chinese assets dissolved or frozen.Transaction within China restricted. Western Sanctions The new law comes in response to sanctions that the European Union, United States, Canada and Britain issued ag...
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Kid Gloves Come Off At US-China Meeting
22Mar By Patti MohrNo Comments
Diplomacy, Global Trade, Political Systems, Domestic Politics, Sanctions, Types of News: Analysis

Kid Gloves Come Off At US-China Meeting

March 22, 2021--The kid-gloves came off at the first in-person meeting between the United States and China under the new U.S. administration. In a sign that tensions between the world's two largest economies are rising, the diplomats exchanged political punches from the beginning. They met first in front of cameras at the beginning of two-day strategic dialogue in Anchorage, Alaska. Typically, televised remarks might be a brief exchange of niceties. But , this exchange was anything but typical. It wasn't brief. And it wasn't polite. In fact, the opening remarks turned into an extended exchange of insults and condemnations between the countries' top diplomats. The United States launched the first blows. U.S. Cites Concerns on Hong Kong, Human Rights and Coercion U.S. Secr...
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China’s Leaders Want Hong Kong to Only Elect ‘Patriots’
7Mar By Patti MohrNo Comments
Communism, Dictatorship, Democracy, Political Systems, Domestic Politics, Types of News: Brief

China’s Leaders Want Hong Kong to Only Elect ‘Patriots’

China Plans to Change Hong Kong's Election System; West Says Freedoms Are At Risk March 7, 2021-As China's National Legislature opened its annual legislative session on Friday, pro-democracy advocates in Hong Kong and around the world watched with bated breath. This week, delegates at the National People's Congress (NPC) are taking up reforms to Hong Kong's electoral system that would guarantee only "patriots" serve. The proposed changes would effectively bring Hong Kong representatives under the control of China. China Wants Hong Kong 'Patriots' According to a transcribed statement of a speech by Wang Chen, China intends to change the electoral system of the Hong Kong Special Administrative Region (HKSAR). The senior Chinese lawmaker said the goal is to bring the politica...
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U.S. Raises ‘Deep Concerns’ About Conclusions of WHO Investigation
16Feb By Patti MohrNo Comments
Communism, Dictatorship, Diplomacy, Organizations, IMF, WTO, G7, Types of News: Brief

U.S. Raises ‘Deep Concerns’ About Conclusions of WHO Investigation

Feb. 16, 2021-As the United States reengages with the World Health Organization under the new administration, its top national security officers are raising "deep concerns" about the credibility of the organization. The criticism comes as the WHO completed a controversial mission to Wuhan, China to investigate the origins of the COVID-19 virus. The WHO team, which included 17 participants representing China, ignored key information that scientists from the lab in Wuhan collected bats and virus samples from caves in China and brought them back to the lab. In the end, the WHO ceded the mission of scientific discovery to that of collaborating with China. U.S. Membership On his first day of office January 20, 2021, President Joe Biden informed UN Secretary General António Guterres...
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China’s Exports Rise, Adding to Economic Growth in 2020
8Nov By Patti MohrNo Comments
Global Economics, Global Trade, Types of News: Brief

China’s Exports Rise, Adding to Economic Growth in 2020

November 8, 2020--China's foreign trade expanded 4.6 percent year-on-year in October, helping the country sustain economic growth for the year, despite the COVID-19 pandemic. Overall, China's foreign trade grew by 1.1 percent in the first 10 months of the year, according to official data the Chinese government released yesterday. With exports accounting for nearly a fifth of China's economy, the export growth helped lift China's GDP by 4.9 percent in the third quarter. Export Growth Jumps in October In response to the impact of the global pandemic, the government streamlined customs procedures and provided incentives for cross-border e-commerce. Mechanical and electrical parts accounted for the largest share of the country's exports. Textile exports, which include masks, incre...
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COVID-19, From Bats to Humans: Examining the Wuhan Connection
17Apr By Patti MohrNo Comments
Communism, Dictatorship, Globalization, Global Disintegration, Organizations, IMF, WTO, G7, Types of News: Analysis

COVID-19, From Bats to Humans: Examining the Wuhan Connection

April 17, 2020--A great and tragic mystery of 2020 is the origin of the COVID-19 virus that is sweeping the world with sickness and death. Some researchers point to a seafood market in Wuhan. Others say it could have started in a Chinese lab in Wuhan. Most certainly, it came from bats. But how did it jump to humans? From Wuhan to the World To date, the COVID-19 virus that has infected over 2 million people worldwide and killed 149,000 people. Of the first 309 confirmed cases in China, 270 cases were confirmed in Wuhan. Of the first 41 patients hospitalized in Wuhan with the virus, 27 of them, 66 percent, had a connection to a food and wild animal market. Wholesale Food Market As early as December 2019, reports from China pointed to the connection to the Huanan Seafood Wholes...
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Tenuous US-China Trade Talks
14Oct By Patti MohrNo Comments
Global Trade, Types of News: Brief

Tenuous US-China Trade Talks

October 14, 2019--High-level trade talks between U.S. and Chinese leaders last week produced some results but left the possibility for higher tariffs open in December if details are not settled. "We have a great deal. We're papering it now," U.S. President Donald Trump said on Saturday. "China is going to keep their word. They want to make the deal." China's chief negotiator signaled modest support. "We have made substantial progress in many fields," Vice Premier Liu He said through an interpreter on Friday. "We are happy about it." The partial deal, which is not yet settled, comes at a time when trade between the two countries has fallen. According to a report today in the Financial Times, China's imports from the United States fell 26.4 percent in September while its exports t...
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U.S.-China Head Off Trade War
3Dec By Patti MohrNo Comments
Global Trade, Types of News: Brief

U.S.-China Head Off Trade War

Dec. 3, 2018-Meeting in in Buenos Aires, Argentina on the sidelines of the G20 summit over the weekend, Chinese President Xi Jinping and U.S. President Donald Trump agreed prevent a pending hike in tariffs scheduled to take effect in less than a month. It was their first formal face-to-face meeting since Trump visited China in November of 2017. "It’s an incredible deal," Trump said to reporters on Dec. 2 on Air Force One. "It goes down, certainly — if it happens, it goes down as one of the largest deals ever made.... And what I’d be doing is holding back on tariffs. China will be opening up. China will be getting rid of tariffs." Timeout on Tariff Hikes In effect, the agreement gives U.S.-Chinese negotiators 90 days to complete talks on the following trade issues: forced techn...
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U.S. to Target China’s Strategic Industries in New 25 Percent Tariffs
15Jun By Patti MohrNo Comments
Global Trade, Types of News: Brief

U.S. to Target China’s Strategic Industries in New 25 Percent Tariffs

June 15, 2018-U.S. President Donald Trump announced plans today to impose 25 percent tariffs on up to $50 billion of Chinese imports related to "industrial significant technologies." The tariffs will target emerging high-technologies outlined in China's "Made in China 2025," a strategic plan China published in 2015. That plan proposes to remake the Chinese economy from a low-cost manufacturing hub to a higher-value producer in 10 key sectors, including green technologies, robotics, aerospace, transportation, information technology, and pharmaceuticals and medical devices. Many analysts, such as those at the Council on Foreign Relations, view China's strategic vision as an industrial threat. Trump echoed that sentiment in his announcement. "The United States can no longer toler...
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China, France Strengthen Trade, Economic Ties
12Jan By Patti MohrNo Comments
Big Tech, Digital Economy, Diplomacy, Foreign Aid, International Development, Global Trade, Globalization, Global Disintegration, Types of News: Brief

China, France Strengthen Trade, Economic Ties

French President Emmanuel Macron wrapped up a three-day state visit to China this week, strengthening the European Union's economic ties to Asia. Macron and Chinese President Xi Jinping vowed to open their economies to trade and investment and strengthen the global economic governance system. It was Macron's first state visit to China since becoming president, and he pledged to return each year to foster face-to-face diplomacy. As a symbol of friendship, Macron gifted Chinese President Xi Jinping with a prized horse named Vésuve de Brekka, who had served the French Republican Guard. It was in the fashion of China's "panda diplomacy" of gifting its pandas to countries around the world, including France. Trade and Investment China is France's seventh largest export market. China acc...
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