economic war
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The Huawei shock By Nick Beams
The actions by the Trump administration against the Chinese telecom giant Huawei have sent shock waves through the global economy and the international trading system. The decision by the administration to put sales of US products to Huawei on a “restricted entity list,” backed by Google’s withdrawal of access to crucial components of the Android… Continue reading
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What sanctions on Russia and China really mean By Pepe Escobar
A crucial Pentagon report on the US defense industrial base and “supply chain resiliency” bluntly accuses China of “military expansion” and “a strategy of economic aggression,” mostly because Beijing is the only source for “a number of chemical products used in munitions and missiles.” Russia is mentioned only once, but in a crucial paragraph: as… Continue reading