Thank you for your links opinion piece.
More precisely your link states:
"China is considering allowing the law to have an extra-territorial effect that we have not seen before,” said Yan Luo, partner in law firm Covington & Burling in Beijing. “They want to counteract the extra-territorial effect of US law.”
"The draft law is likely to change significantly between now and when it is finally enacted in 2021."
Chinese law may require companies to disclose cyber-security preparations outside China
A tray full of GOLD is not worth a moment in time.
We call it "care in the community".
It's supposed to be good for them.
Your allegation is fake.
There are 197 countries in the world, some are sovereign and some vassals.
Can I have your list of which countries, you consider, do not publish propaganda.
Pray advise me how China has "imported" me, "special" or otherwise?
Do you have first hand knowledge of both?
Having had a family member live in the pre and post "care" systems, I can state categorically, that she had a more fulfilling life in the "Care in the Community" system.
But since your an habitual purveyor of chinky lies, your claim cannot be taken seriously.
Obviously it runs in the family.Having had a family member live in the pre and post "care" systems, I can state categorically, that she had a more fulfilling life in the "Care in the Community" system.
RCEP to send strong political signal about multilateral trading if signed this year: Indonesian official
"If the Regional Comprehensive Partnership (RCEP) Agreement could be signed this November, it will send a “clear” and “very strong political signal” about multilateral trading in the context of COVID-19, said an Indonesian official."
VNA Sunday, July 05, 2020 17:28
"Jakarta (VNA) – If the Regional Comprehensive Partnership (RCEP) Agreement could be signed this November, it will send a “clear” and “very strong political signal” about multilateral trading in the context of COVID-19, said an Indonesian official.
While the multilateral trading system is being questioned by many countries, many governments and communities, “we minutes to seal the deal and to confirm our intention to expand and deepen our economic articulation,” Iman Pambagyo, Director General of International Trade Negotiations at the Trade Ministry of Republic of Indonesia and Chief of the RCEP Trade Negotiating Committee of ASEAN, told Vietnam News Agency.
The deal will enter force perhaps two or three years; but at this point in time, this is a way for the sides to address sensitivities that they may have during the negotiations, he said.
Iman outlined one of the challenges to the signing of the deal is to “find a balance of interests among system countries”.
“So we managed to come to this point where only a few, very few issues need to be settled for this month in July, and I'm quite confident that we can sign this agreement in November and become one of the major Vietnam's deliverables this year.”
He went on to note that the RCEP will facilitate better the movement of goods, people and capitals in Asia, so Indonesia will benefits from the RCEP as much as other countries, suggesting that moving forward digital economy will be an area where Indonesia and Vietnam can partners to develop the sector and to capture the part of markets in RCEP in particular.
“Another area could be manufacturing, but it was specifically in the area of automotive sectors,” he said, adding that the two countries can also cooperate in agriculture and food processing.
The official also appreciated the chairmanship of Vietnam this year to lead ASEAN "in this very challenging time”
RCEP to send strong political signal about multilateral trading if signed this year: Indonesian official | World | Vietnam+ (VietnamPlus)
Similar articles here:
RCEP deal expected to be signed in late 2020Phnom Penh Post
https://www.thejakartapost.com/news/...-recovery.html
https://asean.org/rcep-leaders-agree-sign-trade-pact-2020/
https://rcepsec.org/
https://vietnamnews.vn/economy/748606/rcep-deal-expected-to-be-signed-in-late-2020.html
https://www.manilatimes.net/2020/06/26/business/business-top/rcep-deal-to-be-signed-before-year-end-dti/735464/
https://www.bangkokpost.com/thailand/general/1724547/rcep-deal-likely-signed-by-mid-2020
https://www.globaltimes.cn/content/1192597.shtml
Last edited by OhOh; 06-07-2020 at 12:22 AM.
The US is Alone in its ‘Trade War’ on China
02.07.2020 Author: 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.”
While the US has recently passed legislation that would allow it to sanction China, an important part of O’Brien’s definition of “more” is a US concerted effort towards convincing its allies all over the world to follow the US in its footsteps as far as their political and economic relations with China are concerned. “Together with our allies and partners, we will resist the Chinese Communist Party’s efforts to manipulate our people and our governments, damage our economies, and undermine our sovereignty. The days of American passivity and naivety regarding the People’s Republic of China are over”, added O’Brien.
However, whereas the US is obviously heating things up, it is highly unlikely that the US will have many ‘allies and partners’ willing to join the US bandwagon. With everyday passing, it is becoming evident that most of the traditional US allies are increasingly following independent policies.
This is especially true of Europe where China, despite the US’ persistent pressure on Europe to cut-off ties, continues to expand its economic reach, and in fact, is filing the gap being increasingly left by the US itself. Europe, obviously, does not mind establishing relationship with the world’s currently least wounded, or the mots stable, economy.
Elsewhere in Asia, for instance, even an old US ally, Japan, is treading a different path. While conventional wisdom would have Japan on the US side and see it taking steps that would lock into the on-going ‘trade-war’, Japan’s recent steps indicate that its attempts are actually geared towards avoiding tense relations with China.
A week ago, an announcement made by Japanese Defense Minister Taro Kono confirmed that Japan would cancel the purchase of a multi-billion-dollar ballistic missile defense system made by Lockheed Martin. While this deal was close to the US president’s heart, the cancellation comes against an increasing realisation within Japan about how a forward deployment of US missiles on its soil will put its complex and largely inter-dependent relations with China in a serious jeopardy. The decision to buy this missile system was based upon a “naïve understanding” of the issues related to it, said Japan’s minister.
Whereas the deployment of the Aegis Ashore missile system as a part of its strategic deployment in the Asia-Pacific region would have boosted the US capability to monitor China and Russia, Japan’s abrupt cancellation of the deal, particularly at a time when the Chinese were already showing their grave concerns about it, does strongly show that the US influence even on its traditional allies is decreasing fast.
Nothing better illustrates the decreasing US economic influence than the recent announcement by the member countries of The Regional Comprehensive Economic Partnership (RCEP), confirming that the agreement will be signed in 2020. RCEP, which is by far the world’s biggest trade pact, brings together the 10-member Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia and New Zealand.
With US allies, including Japan and Australia, participating in a trade-pact involving China, the question of how and to what extent can the US really pull its allies in its trade-war with China becomes crucial.
For the trump administration, this question holds two-fold significance. First, these key changes taking place are fundamentally different from Trump’s advocacy of bi-lateral trade arrangements. On the other hand, the increasing drive towards ‘regionalism’ is highly likely to push the US further away from the regional geo-politics.
Secondly, the fact that current US policies vis-à-vis China are deeply rooted in Trump’s re-election strategy is pushing the US allies more towards following rather long-term and consistent policies than merely follow the US dictates and becoming embroiled in the US’ ‘new cold war.’
Therefore, while Trump’s portrayal of himself as ‘the toughest president on China’ may have some implications in the domestic political arena, he is obviously losing in the international arena—Europe Asia & Pacific region—where China’s acceptance as an economic partner is increasing. Even according to the leading US think-tanks, the EU has come to the conclusion that an economic partnership with China is both an opportunity and a necessity.While there are obviously countries, such as Turkey, trying to present themselves to the US as its allies in establishing alternative sources of global supply chain independent of China, the ever-increasing pro-China global trend is too obvious to ignore. Ironically enough, it is this very increasing acceptance of China that has, in the first place, forced the US to start a ‘trade-war.’ The intent was and still is to destroy the Chinese economy and thus put a permanent end to the competition that the Asian giant is offering to the US’ unilateral domination.
However, as the fast-changing global scenario shows, the Trump’s ‘trade-war’ has backfired. Internationally, the US is losing allies. Domestically, the uncontrolled spread of COVID-19 has created an economic havoc, adding to the loses the US has been suffering due to its ‘trade-war’ with China. The US tariffs have produced no better results. On the contrary, China’s recent decision to stop buying agricultural goods from the US will bite Trump’s re-election even harder."
https://journal-neo.org/2020/07/02/t...-war-on-china/
Last edited by OhOh; 06-07-2020 at 12:21 AM.
Another thrilling whackjob website from Hoohoo's nutty bookmarks collection with stories like:
"Why it's America's fault that the Indians are upset at the chinkies stealing their land". (I shit you not)
"We do our best to stop everyone blaming Putin for shooting down MH17 when we know he did it". (Obviously)
"Chinastan buys off Myanmar leaders" (and looks forward to trashing the lives of thousands more Burmese villagers)
"Why Facebook is mean for blocking our bullshit". (er... because it's bullshit)
And other thrilling HooHoo tales.
More Belt and Owed from the devious chinkies:
Laos has started building a railway station in Vientiane to service rail links with China slated to being operating next year.
Laos and China hosted a groundbreaking ceremony for the project in the Lao capital on Friday, the Vientiane Times reported.
The station is a main hub for the rail project between China and Laos expected to be operational on Dec 2 next year. It will also serve as a rail link with Thailand, as the country is constructing a high-speed rail line in its own joint project with China.
Construction of Vientiane station for Laos-China rail link begins
Of course the chinkies will have paid some "influential person" to bury the country in debt for it. They are borrowing 45% of their GDP, and more than their foreign reserves. No doubt, as they did with Sri Lanka, the chinkies have their eyes on some other prizes.
Can Laos profit from China rail link despite being US$1.5 billion in debt? | South China Morning PostThe US$6 billion cost of the China-Laos railway project is probably what has attracted greatest international attention. About 60 per cent or US$3.5 billion is in the form of borrowing from the Export-Import Bank of China.
A further 40 per cent, amounting to US$2.4 billion, is being funded with equity in the form of a joint venture company comprising three Chinese state-owned firms and one Laotian state-owned enterprise. The latter enterprise holds a 30 per cent stake. To fund this, the Laotian government committed US$250 million from the national budget and took a second loan of US$480 million from the Export-Import Bank of China.
Somehow it is quite satisfactory that western compagnies, that outsourced to China, out of greed or "opening new markets", are now getting burned.
Nemesis
And, Ohoh...not being a friend of China, I salute you for flying your flag high in the TD headwind.
Kudos and give em some opposition.
( Harry and PH are known for their extremisme)
Keeps this forum alive
More a "friend of Asia", of which China is the strong leader in delivering benefits for it's citizens.
The old empire's vassals have joined the new world, OZ, NZ have signed up to the RECEP. Whether as spoilers or to weak to convince their citizens is too early to say. It's a pity India has some RECEP issues, but they have previous, where dithering has now become the norm for them.
http://https://rcepsec.org/
It's just numbers:
The three current power blocs:
Population,
USA
330,000,000 - 0.75% increase.
EU
445,000,000 - 1.56 increase. (2/3 by "immigration")
Africa
1,300,000,000 - 2.5% increase.
Asia
4,600,000,000 - 1% decrease
China vs. E.U. vs U.S. vs. Japan: Population and GDP Comparison - Worldometer
Last edited by OhOh; 06-07-2020 at 12:59 PM.
So.. you are a liar.
I shall let that be known
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