San Francisco Singtao TV webcast: Jul 12 2022 9:00am “US Economy in Decline”

San Francisco Singtao TV webcast: Jul 12 2022 9:00am “US Economy in Decline” 美國加州舊金山星島日報電視直播 07-12-2022星期二 早上九點 時事觀察集結號 :美國最奇經濟衰退
https://youtu.be/naJMXY0Tvb4
主講 :財經專家 余錦光
主持 :星島日報美西版社長兼總編輯 梁建鋒

Video: Sino-US meeting for 5 hours, US official statement all lies

Video: Sino-US meeting for 5 hours, US official statement all lies, China-Australia relations could improve 中美過招5小時!布林肯提“對中6不”!介文汲:美國背道而馳“玩兩手”!美國對澳洲施壓有用?中澳不睦態勢已轉變!During the talks between the Chinese and American foreign ministers, US decided future policy towards China as follows:
1) New Cold War
2) Regime change
3) Challenge CPC ruling position
4) Containment of China
5) Support Taiwan independence
6) Change the status quo of the Taiwan Strait
中美外長會談, 美國決定對中國未來政策如下 (拿走全部”不”):
1) 新冷戰
2) 要改變中國體制
3) 挑戰執政地位
4) 圍堵中國
5) 支持台獨
6) 改變台海現狀

https://rumble.com/v1bxstj-sino-us-meeting-for-5-hours-us-official-statement-all-lies.html
https://www.facebook.com/100036400039778/posts/748145269742134/?d=n

During the talks between the Chinese and American foreign ministers, US decided future policy towards China as follows:

During the talks between the Chinese and American foreign ministers, US decided future policy towards China as follows:
1) New Cold War
2) Regime change
3) Challenge CPC ruling position
4) Containment of China
5) Support Taiwan independence
6) Change the status quo of the Taiwan Strait
中美外長會談, 美國決定對中國未來政策如下 (拿走全部”不”):
1) 新冷戰
2) 要改變中國體制
3) 挑戰執政地位
4) 圍堵中國
5) 支持台獨
6) 改變台海現狀

Asia Times: Disintegration of unipolar world begins – The only sensible course of action for the US is to collaborate with China and find mutually beneficial outcomes

Asia Times: Disintegration of unipolar world begins – The only sensible course of action for the US is to collaborate with China and find mutually beneficial outcomes 《亞洲時報》:單極世界開始瓦解 – 美國唯一明智的做法是與中國合作並找到互利的結果 by George Koo 顾屏山 July 11 2022

Inflation is hurting American consumers while the Biden administration is obsessed with foreign policy. Image: Screengrab / iStock
In April, I was invited to speak about the US-China bilateral relationship. For the title of the speech, I chose, “Pushing China’s head under water won’t make American great again.” Recent developments suggest that an updated title would be, “Pushing China’s head under water will hasten America’s own demise.”

There are two reasons for fine-tuning my title. First, the United States’ deliberate tactics to obstruct China’s growth and expansion have failed miserably while inflicting more hardship on Americans. The American people are paying a ghastly price for Washington’s obsession with China.

Second, priorities of America’s foreign policy are not making any sense. The most recent example is the announcement by President Joe Biden that the US will contribute $200 billion to the G7 pool of funds to compete with China’s Belt and Road Initiative (BRI).

It’s hard to tell where Biden is going to find the money. Even if all Group of Seven nations contribute their share of funds, it’ll be even harder to figure out to how they can implement BRI-like projects in the developing world. Most probably they would have to subcontract work to China, which knows how to implement it.

On top of Biden’s dream of grandeur, he is sending billions’ worth of arms and weapons to Ukraine to prolong the conflict with Russia. Bipartisan approval is easy when it comes to making war.

By contrast, to relieve the inflationary pressure on the American domestic economy, Biden is proposing to forgive 18 cents per gallon (4.76 cents per liter) of federal tax on gasoline for the three summer months.

Wow. Billions to compete with China and Russia and an 18-cent discount for the American motorist. In California, a gallon of gasoline has gone over $6 ($1.59 a liter). Saving 18 cents per gallon from a fill-up will barely cover the cost of a cup of coffee.

In the US, prices of everything are going up; inflation looms. Nay, inflation at 8.8% is already the highest in 40 years. Soon the American motorist won’t even get a cup of coffee from his gas-tax saving.

Biden does not deny that Americans are facing inflation. He blames the inflation on Russian President Vladimir Putin and the war in Ukraine. He urges the American public to endure this “for as long as it takes” in order to defeat Putin – hardly encouraging words.

Of course, most American people are not aware that it has been the US-led North Atlantic Treaty Organization that baited Putin over the decades into the war with Ukraine. Washington has since congratulated itself for successfully mounting a proxy war – getting Ukrainians to fight the Russians.

Defense Secretary Lloyd Austin even explained that the war meets the objective to wear down the strength of Russia – albeit at the expense of Ukrainian casualties and property.

Having successfully pushed Russia into invading Ukraine, NATO celebrated with a summit at the end of June where Sweden and Finland were formally inducted as new members.

At the same time as having pushed Russia into a closer relationship with China, the organization accused China of not condemning Russia and therefore not standing with NATO.

NATO is afraid of China

At this NATO summit, Australia, New Zealand, Japan and South Korea were invited as observers, as a signal that NATO’s expansion plans now include the North Pacific. Just to make sure nobody misses that intention, for the first time NATO identified China as a potential adversary and a “systematic challenge.”

So, what constitutes China’s threat to the security of NATO members? Apparently it is the fact that China has dominated manufacturing of goods at prices that the West cannot compete with. China’s GDP continues to grow, and that makes NATO members nervous.

The West led by the US has repeatedly accused China of violating “rule-based international order.” The most recent action by the Biden White House was to impose sanctions on goods made in Xinjiang, alleging human-rights abuses there.

In response, China, on the day after the conclusion of the NATO summit, announced the placement of an entire order for 292 commercial jetliners worth more than $37 billion with Airbus, the European consortium, and none to Boeing, the other major maker.

This was a harsh, attention-getting message from China in response to Biden’s endless innuendos and baseless insults and a signal that China is ready to play hardball. All of Beijing’s past diplomacy seems to be misinterpreted by Antony Blinken et al as being soft.

The Blinken team in the State Department seem to think they can cherry-pick issues to work with China on the one hand and otherwise castigate Beijing with a recitation of imagined violations of international rules. No more, says Beijing.

Boeing recently made a market projection that China’s future demand for passenger jetliners was 8,700 planes worth $1.5 trillion over the next 20 years. If the US is determined to decouple from China, Boeing faces a bleak future in China.

China offers EU partnership

China’s other message is to the countries in the European Union, many of which are members of NATO. The Airbus order reaffirmed that China can be a major economic partner and poses no threat to the security of the EU.

Inflation in the EU is rapidly getting out of control because of the war in Ukraine and the US-imposed sanctions on Russia. If Biden thought he was driving a stake into the heart of Russia’s economy, he miscalculated. Putin turned around and pegged Russia’s energy exports to the ruble. Consequently, the value of the ruble against the euro has reached a seven-year high.

The artificial shortage in world oil caused by the US sanctions on Russian oil has not hurt Russia. It makes money selling its oil to China, India and other buyers at higher prices. Concurrently, the US and UK as oil exporters are also making money because of the shortage they created.

However, major nations in the EU, especially France, Germany and Italy, are energy importers and they are beginning to question the wisdom of following the US leadership, which seems to work in favor of the US and UK at the expense of the EU.

Such doubts were accentuated when Ukrainian President Volodymyr Zelensky recently announced that his country needs aid to the tune of $5 billion per month to survive and keep operating. On top of refugees, shortages of staples, and inflationary pressures, the EU leaders have to worry as to whether Uncle Sam will pick up the tab or pass it on to the EU.

The world is beginning to see the difference between currencies based on assets and the American dollar based on the “full faith and credit” of the US government, in other words, the Federal Reserve’s printing press.

Central banks of various countries are beginning to lighten their dollar holdings in favor of other reserve currencies, the most popular being China’s renminbi. According to the International Monetary Fund, the US dollar’s share of total global currency reserves has fallen to its lowest point in more than two decades.

To take advantage of the availability of Russian oil at favorable discount, India entered a rupee-to-ruble deal and get around paying in dollars. For the first time, India also bought coal from Russia with the Chinese renminbi.

BRICS as another pole

While the G7 and then the NATO summit meetings took place in Europe, it was China’s turn to host the BRICS summit, which it did virtually. At the 2022 summit, Beijing invited many non-member countries as observers.

Formed in 2009, BRICS consists of Brazil, Russia, India, China and South Africa. It is not a military alliance but is meant to promote collaboration for peace, security and global economic development. Compared with the G7, BRICS has three times the population but only about 70% of the G7’s GDP.

At the 2022 summit, Argentina and Iran formally applied to join BRICS. Adjusted for purchasing parity, the GDP for BRICS+ would surpass the G7. And there is a proposal afoot to create a new global reserve currency based on a basket of BRICS+ currencies as an alternative to the US dollar.

Rather than going around the world collecting military allies and imposing sanctions on countries that do not wish to align with the US, China invites partners to collaborate on mutually beneficial basis.

Since it was initiated in 2013, China’s Belt and Road Initiative has launched more than 13,000 projects in 165 countries valued at nearly a trillion dollars. Most of the BRI projects have to do with upgrading badly needed infrastructure, which leads directly to a boost in the recipient country’s economy.

There is now a high-speed rail linkage from China through Central Asia to Moscow and on to Rotterdam on the Atlantic coast. Twenty-five out of 31 Latin American countries are participants in the BRI, as is most of Africa.

At the just-concluded Group of Twenty summit, the divide between the US-led Western bloc and China, Russia and the non-aligned members of the G20 became quite clear. The summit concluded without the usual group photo of smiling state leaders and no joint declarations expressing optimistic steps for the future.

The Biden administration and the US Congress remain convinced that the way to suppress China from making economic progress is to deny it access to American technology and knowhow.

As all nations know well from their own development history, among them Japan and the US, borrowing and copying from more advanced nations can only be a beginning. Unless they can build from there and innovate and originate their own breakthroughs, they will always be me-too laggards.

Every year, China graduates eight times as many students in STEM (science, technology, engineering and math) than the US. These human resources power developments in high technology.

The more pressure the US exerts to stifle China’s advance, the more determined the Chinese will be to find their own technical advances and skirt around American roadblocks. In some fields, China has caught up with and even surpassed the US.

China is already the world leader in electric vehicles and the battery technology for the EVs, in fifth-generation and the future 6G in telecommunications and quantum computing, just to name a few examples.

China’s latest aircraft carrier has an electromagnetic catapult system on par with the one on USS Gerald R Ford, the newest US carrier. China has demonstrated a hypersonic missile while US manufacturers are still tinkering with theirs.

Despite the US-mounted trade war that “punished” Beijing with tariffs on imports, China has continued to expand exports and the trade surplus with the US has actually grown rather than lessened. The real impact was to raise the cost of living for the American public.

The US has wasted a lot of energy and resources trying to suppress China’s rise. It hasn’t worked, and it won’t work in the future. With four times the population, China’s GDP exceeding that of the US is inevitable. If on the other hand the US should succeed in provoking a conflict with China, the Americans will rue that day, and most likely so will the world.

Can US and China find common ground?

The only sensible course of action is to collaborate with China and find mutually beneficial outcomes. As Asia Times recently urged, “there is a wide field for potential cooperation that would benefit both countries and give the United States more room to back out of the stagflation trap in which it finds itself presently.”

On the sidelines of the G20 summit in Bali, Blinken held a five-hour conversation with Chinese Foreign Minister Wang Yi. The purpose was to pave the way for a future meeting between Biden and Chinese President Xi Jinping.

The tone from Blinken was that US would like to restart a friendlier and more positive bilateral dialogue. China’s reply was that this is easy to do. To begin, all the US has to do is to recant all the lies, disavow the nasty rhetoric and stop blackening China.

Whether Blinken and Biden will see the wisdom of non-confrontation and choose win-win outcomes in place of zero-sum results remains a question. Maybe we’ll know more after the two leaders meet.

Dr George Koo retired from a global advisory services firm where he advised clients on their China strategies and business operations. Educated at MIT, Stevens Institute and Santa Clara University, he is the founder and former managing director of International Strategic Alliances. He is currently a board member of Freschfield’s, a novel green building platform. Follow him on Twitter @george_koo.

Video: Oscar winning Director Malcolm Clarke‘s Documentary: Hong Kong Returns – US failed regime change

Video: Oscar winning Director Malcolm Clarke‘s Documentary: Hong Kong Returns – US failed regime change 奧斯卡獲獎導演馬爾科姆·克拉克的紀錄片, 香港: 被掩蓋的真相 美國政府在香港的顏色革命

https://rumble.com/v1bwzwp-videooscar-winning-director-malcolm-clarkes-documentary-hong-kong-returns.html

Malcolm Clarke, a two-time Oscar winner for best short documentary and a 16-time Emmy winner, has made a series of documentaries on the year of social turmoil in the Hong Kong Special Administrative Region (HKSAR) in 2019, triggered by the anti-extradition protests. These documentaries, in sharp contrast to the mainstream narrative about Hong Kong in the West, have won applause from netizens and observers in the city for presenting what happened three years ago with an unbiased perspective.

In a new interview with Hong Kong media, Clarke said that he was angry and disappointed at the biased coverage of the riots in the Western narrative about the chaos. The site started to air the documentaries Hong Kong Returns starting on Thursday, featuring 10 episodes focusing on different scenarios during the social turmoil in 2019.

The UK director, who used to work at the BBC, said that the protests were simplified by European and US media outlets, which described it as “a group of courageous young people seeking democracy against an authoritarian China. I am angry about these reports, because they are untrue and inaccurate. The story is more complicated than they are making out in their reports,” Clarke told to the media.

Clarke pointed out that there was a discrepancy between Western coverage and what he saw on the streets, so he decided to balance the information with the documentaries.

While Western media outlets tried to link Clarke with the Chinese government, netizens on Twitter said that they are grateful to directors like Clarke for showing what really happened in Hong Kong.

Chu Kar-kin, a veteran current affairs commentator based in Hong Kong and a member of the Chinese Association of Hong Kong and Macao Studies, told the Global Times on Sunday that three years ago, riots and violence ruined Hong Kong’s law and order, and some facts and stories were at that time ignored by the Western media, while testimonials from witnesses on the scene about violence were not reported by them.

“Some press selectively took a stance while reporting and making up stories. Locals and the world were misled. Now, Clarke’s documentaries have revealed some of the facts. As a local, I personally concur with Clarke’s coverage so far. At least, it is not biased,” Chu said. “The documentary gives the mainstream Western opinion a slap on the face… I think Hong Kong people who suffered physically and psychologically deserve an apology from these opinions, which led to widespread rumors. They abused their integrity and duty of care for reporting without fact checking.”

In a sharp contrast, when another controversial documentary entitled Revolution of Our Times, which glorified the violence and tried to justify illegal activities during the social turmoil, won the prize for “best documentary” at the so-called Chinese language “Oscars” in 2021, some Western media outlets highlighted sensational details mentioned by the director. For example, the film was dedicated to those “who have a conscience, justice and have cried for Hong Kong.”

A number of Chinese filmmakers and industry observers lamented that the Golden Horse Awards have become a pathetic tool kidnapped by politics, completely betraying the original aspiration of providing tasteful products for the public.

They stressed that Clarke’s documentaries present a different voice in a Western world that has predominantly applauded violence.

Martha Adriana Perez: Shinzo Abe was not only a denier of Japan’s war crimes but also an advocate of “containment of China.”

Martha Adriana Perez: Shinzo Abe was not only a denier of Japan’s war crimes but also an advocate of “containment of China.” In other words, a promoter of world instability and so an ally of USNATO’s war on China. Denying war crimes and desiring to repeat them seems to go hand in hand.

I here copy.share an instructive and most illuminating post comment added to my own post. thank you, Michael

//Michael CW NG

Abe was one of architects of China containment strategy and the Godfather of the Quad.

Since he returned to power in 2012, Abe embarked on unprecedented anti-China mission, changing his country’s pacifist foreign policy, Abe funded nearly all anti-China think tanks in the US to advocate for US’s containment starategy against China, he bankrolled many Western media to spread anti-China propaganda, he tried to discredit China’s BRI projects, offering what he called ‘better alternatives’, Abe pushed Japan’s competition against China on key infrastructure projects in Asia and Africa, he engaged shuttle diplomacy to create anti-China coalition in Asia, spreadheading the re-invention of the Qaud.

In a netshell, it could be said Abe was the critical figure that engineered Japan’s hostile change toward China. He is also responsible for Japan’s increasing remilitarization.

That does not mean people should celebrate his death, but it is important to highlight what he was standing for.
His own race killed him. He wanted to place US nuclear weapons in Japan.
Anti Chinese Abe – dead and gone.
I wouldn’t celebrate but he met his karma.(Luciana Bohne)

Chinese American Association of Commerce (CAAC) 42nd Anniversary Celebrations on Aug 7 2002 Sunday, 6:00pm

Chinese American Association of Commerce (CAAC) 美國華商總會 42nd Anniversary Celebrations on Aug 7 2002 Sunday, 6:00pm 8月7日(星期日)在Millbrae太湖酒楼举行 US$1,000/table at Tai Wu Restaurant, 300 El Camino Real, Millbrae, CA 94030

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