The limits of Chinese power

8 October, 2020 — Asia Times

By Pepe Escobar

Everything about US-China hinges on the result of the upcoming US presidential election.

Trump 2.0 essentially would turbo-charge its bet on decoupling, aiming to squeeze “malign” China on a multiple Hybrid War front, undermine the Chinese trade surplus, co-opt large swathes of Asia, while always insisting on characterizing China as evil incarnate.

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Why America’s economic war on China is failing

7 October 2020 — MROnline

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This article was produced by Globetrotter.

U.S. President Donald Trump—supported by most of the U.S. establishment—deepened the U.S. government’s assault on the Chinese economy. The “trade war” seemed to play well with Trump’s political base, who somehow hoped that an economic attack on China would miraculously create economic prosperity for them. In 2018, Trump slapped tariffs on more than $200 billion worth of various Chinese goods. Then, Trump’s administration went after Chinese high-tech firms such as Huawei, ZTE, ByteDance (the owners of TikTok), and WeChat. Continue reading

The US is alone in its ‘trade war’ on China

1 July 2020 — New Eastern Outlook

Salman Rafi Sheikh

With everyday passing, it is becoming clear that the US-China trade deal will eventually unravel, paving the way for a long-term standoff, even if not a full-fledged ‘cold war’, between the two super powers. As recent remarks made by the US National Security Advisor (NSA), Robert O’Brien, showed, the US is planning ‘more steps’ to ‘correct’ its relations with China. The series of steps, to quote him, “are just the start as America corrects 40 years of a one-sided, unfair relationship with China that has severely affected our nation’s economic and, recently, political well-being. Just like the tariffs that were imposed by the President on unfair trade practices early in his Administration, there is more to come.”

COVID-19 and Catastrophe Capitalism

1 June 2020 — Monthly Review Press

Commodity Chains and Ecological-Epidemiological-Economic Crises

by and

Global logistics concept illustrationImage credit: William B. Cassidy, “Shippers seek stability ahead of patchwork COVID-19 recovery,” Joc.com, May 18, 2020.

John Bellamy Foster is editor of Monthly Review and a professor of sociology at the University of Oregon. He is the author, most recently, of The Robbery of Nature: Capitalism and the Ecological Rift (with Brett Clark) and The Return of Nature: Socialism and Ecology—both published by Monthly Review Press in 2020. Intan Suwandi is an assistant professor of sociology at Illinois State University and author of Value Chains: The New Economic Imperialism (Monthly Review Press, 2019). They thank Fred Magdoff for his invaluable comments.

COVID-19 has accentuated as never before the interlinked ecological, epidemiological, and economic vulnerabilities imposed by capitalism. As the world enters the third decade of the twenty-first century, we are seeing the emergence of catastrophe capitalism as the structural crisis of the system takes on planetary dimensions.

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Dark Clouds of Military Tension Over the Korean Peninsula, North Korea Waited, Disappointed and Now Angry

19 June 2020 — Global Research

In 2012, a young man educated in the West took over the power in Pyongyang; he has decided to transform North Korea into an ordinary country where people can live decent life.

His name is Kim Jong-un. He has given everything to achieve his objectives. He met three times Moon Jae-in, president of South Korea and three times Donald Trump, president of the U.S.

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The Corona Pandemic and Trump’s Trade War against China: America’s Dependence on “Made in China”

15 June 2020 — Global Research

Potential Disruption of the US Economy

By Prof Michel Chossudovsky

Introduction

The US has been threatening China with trade sanctions for several years. At the outset of the Trump administration in January 2017, Washington not only envisaged punitive trade measures, it also called for “an investigation into China’s trade practices” focussing on alleged  violations of U.S. intellectual property rights.

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China Forges Ahead Through Chaos and US Threats

10 May 2020 — Asia Times

Beijing is turbocharging its Belt and Road and other game-changing plans despite Covid-19 and US hybrid warfare

Amid the deepest economic contraction in nearly a century, President Xi Jinping had already made it very clear, last month, that China should be ready for unprecedented, relentless foreign challenges.

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Global Currency War, Central Banks ‘Race to the Bottom’, Europe Capitalist ‘Weak Link’–audio

9 August 2019 — Jack Rasmus

In the wake of last week’s Trump-China Trade War tariff hike, the fallout continues: No trade deal 2019 for certain. More market instability coming. Central banks worldwide rushing to lower interest rates and currencies falling–aka the currency war has arrived. Europe’s 3 imminent crises brewing. And watch out for India Economy as Modi engages in classic political diversion in Kashmir to distract from coming economic instability. To listen to analyses of these and related topics on the global economy, listen to my August 9 Alternative Visions radio show:

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The US-China Trade War: Selected Stories

8 August 2019 — Global Research

“On a Scale of 1-10, It’s an 11” – Wall Street Reacts to China’s Retaliation

By Zero Hedge

One day after China finally snapped, and demonstratively refused to intervene and keep the CNH above 7.00 vs the dollar, escalating the trade war into a currency war, stocks are tumbling and Wall Street analysts – all of whom had been bullish until now – are scrambling to adjust their narrative. Read more…

Trade War: China Suspends Purchases of US Agricultural Products

By Telesur

China’s Commerce Ministry announced Tuesday that the Asian country will suspend the purchase of U.S. agricultural goods in response to the recent announcement that the President Donald Trump administration will increase tariffs to Chinese exports. Read more…
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Why Trump caved to China and Huawei by Vijay Prashad

10 July 2019 — MROnline

This article was produced by Globetrotter, a project of the Independent Media Institute.

Everything about the trade war between the United States and China is bewildering. The world’s two largest economies entered a titanic struggle with harsh words and high tariffs, sending shudders through the global economy. Hundreds of billions of dollars of goods on either side stood before tariff walls that seemed unbreachable. Truces would come out of nowhere—as at the 2018 G20 meeting in Buenos Aires—but then they would be set aside by U.S. President Donald Trump in a stream of tweets at odd hours.

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