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Monday, July 4, 2022

China’s Global Power Tops The US? New Measures Say No!

Authored by Hal Brands, op-ed via Bloomberg.com, GDP and military spending matter, but so do networks of allies and "resilience"... Ever since the U.S. reached the pinnacle of global power after World War II, Americans have worried it wouldn’t remain there. Waves of “declinism” rolled across the country after Sputnik in the late 1950s, the…

China’s Xi Continues To Urge Troops Toward ‘War Readiness’ Over Taiwan Issue

China's President Xi Jinping has continued to tell his armed forces that they should prepare for potential war amid heightened hostilities with America, particularly over the Taiwan issue. Speaking to a room full of People's Liberation Army (PLA) leaders and officers at the Jingxi Hotel in Beijing this past week, Xi hailed the "new era" of…

China’s Xi: World Economy In Worst Recession Since Great Depression

Chinese President Xi Jinping told the 12th BRICS summit via video link on Tuesday that the global economy is experiencing "the worst recession since the Great Depression of the 1930s" according to state media Xinhua. He made the remarks while urging BRICS countries to cooperate in maintaining multilateralism which he said is a greater guarantee to…

China’s State Media: “Don’t Be Naive, Trumpism Will Perpetuate Regardless Of Winner”

In perhaps the most interesting reaction out of Beijing to the stalled election outcome, Chinese state-run Global Times on Thursday published the reaction of two of its notable foreign policy analysts and geopolitical experts. With the fate of the election hanging in the balance and the world still on edge as all look for a definitive result,…

China’s Central Bank Poised To Legalize Digital Yuan As Part Of Sovereign Fiat Currency

China is poised to give legal backing to the launch of its own sovereign digital currency, cementing its trailblazer status in virtual currencies far ahead of other countries, after already recently experimenting with large-scale trials of actual payments by consumers, which was met with mixed results.  The South China Morning Post reported Tuesday that "The People’s Bank…

China’s Top Censor Orders Another Crackdown On Dissent

While Facebook readies emergency measures to halt the spread of viral election day misinformation, contributing to a bout of social media hysteria that is starting to feel vaguely reminiscent of the perturbation that preceded Y2K, the censors over in Beijing are as busy as ever. Reuters reports that China's "top cyber authority" has declared that…

China’s Top Leaders Meets To Set Policy Direction For The Next 5 Years

Today China's top leaders represented by the Chinese Communist Party’s Central Committee started the Fifth Plenum of its 19th Party Congress where they will chart the course for the economy’s development for the next 15 years and set the country’s long-term priorities, with are expected to focus on boosting technological self-sufficiency and domestic demand while…

China’s Elite-Capture Strategy & The Bidens

Authored by Clive Hamilton and Mareike Ohlberg via The Epoch Times,. Excerpted from the book: ‘Hidden Hand: Exposing How the Chinese Communist Party Is Reshaping the World’ In 2018 the well-connected Washington Post columnist Josh Rogin pointed out that China had been building networks of influence in the United States over many years, and that the U.S. government “is…

China’s Too-Big-To-Fail Real Estate Giant Averts Liquidity Crisis

Last week, we reported that Beijing was suddenly on edge after a core pillar of China's housing market - China Evergrande, the mainland's second largest and the world’s most indebted property developer, saw its stock plunge and its bonds briefly halted following reports it was seeking government help to stave off a cash crunch caused…

Beijing On Edge: China’s 2nd Largest Property Developer Plummets Amid Fears Of Imminent Liquidity...

Is China's housing bubble - the main "wealth effect" for hundreds of millions of middle class Chinese - finally about to burst? On Friday, trading in onshore bonds of China Evergrande, China's second largest and the world’s most indebted property developer, was halted after reports it was seeking government help to stave off a cash…
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