..
...
"China calculates impact of losing most favored nation status
Pundits say US tariff hikes will hurt manufacturers seriously – and it may be time to upgrade their businesses" by YingJian
"China is expected to suffer from a 3.4% deflationary pressure if the United States revokes permanent normal trade relations (PNTR), previously known as most favored nation (MFN) status.
Beijing’s concerns about losing its MFN status have increased since the November 5 presidential election victory of Republican candidate Donald Trump, who has vowed to raise tariffs for all imported Chinese goods to 60%.
John Moolenaar, chairman of the House Select Committee on the Chinese Communist Party (CCP), heated up the issue further on November 14 by introducing the Restoring Trade Fairness Act, which calls for ending China’s PNTR.
Moolenaar said that when China prepared to enter the World Trade Organization (WTO) in 2000, the US Congress voted to extend PNTR status to China, hoping that the Chinese would liberalize and adopt fair trading practices, but “this gamble failed.”
“Having PNTR with China has failed our country, eroded our manufacturing base and sent jobs to our foremost adversary. At the same time, the CCP has taken advantage of our markets and betrayed the hopes of freedom and fair competition that were expected when its authoritarian regime was granted PNTR more than 20 years ago,” he said.
Republican Senators Marco Rubio, Tom Cotton and Josh Hawley on September 26 introduced The Neither Permanent Nor Normal Trade Relations Act to end PNTR with China. On November 13, Rubio was nominated by Trump to be the next US secretary of state. Rubio is likely to gain Senate confirmation and begin his term after Trump’s January 20, 2025, inauguration."
The issue is that it seems the US has control of the time and place the conflict would happen. Eg. They have more control over Taiwan's political system and thus influence when Taiwan will declare independence. They have more informed over chinas external security environment than the other way around.
You know, for much of the 2010s China controlled majority of the world's bitcoin hash rate, even today its still the 2nd highest despite trading ban. It's the same as gold where China is the world's largest gold producer, but enforces an export ban."Trump’s Ally Lummis Pushes to Sell Some of the Fed’s Gold to Buy Bitcoin
The senator’s bill calls for the US to buy 1 million Bitcoin
A pro-crypto ‘cavalry is arriving in Washington,’ Lummis says"
I think we should assume that the authoritarian enemy will fight as 1 combined mind and with the greatest efficiency available to their means.Wrong. The US is wholly unprepared for war with China at this moment. Sending CSGs into China's A2/AD complex without eroding capabilities would be suicide. They have recognized the circumstances and are actively trying to change that. Hence the battlefield engineering. By cutting off the US, it would effectively kneecap their efforts to prepare for war with China.
Russia and China have already allowed a SCO member to be beaten up in front of the whole world, without consequences. And not only to beat up, but also to squeeze a healthy piece of territory and organize ethnic cleansing on it. Do you know Nagorno-Karabakh?Why does anybody need a piece of paper to get into a fight? China stepped in Korea in 1950s without a treaty (the current treaty was made after the war is over). Besides, there is a thing called SCO, although not a full fledged defense treaty, you think Russia and China will let US and Israle beat a SCO member in front of the world without consequencies? I am very amused by the way your brain works.
How does one man with a knife cause so much damage?Stabbing Attack on Chinese College Campus Leaves 8 Dead, 17 Injured
Eight people were killed and 17 others wounded in a knife attack at Wuxi Vocational Institute of Arts and Technology in Yixing, eastern China, on Saturday evening, according to local police.
The incident occurred at approximately 6:30 p.m. on November 16, 2024. Police apprehended the suspect at the scene.
Authorities identified the suspect as a recent graduate who was reportedly motivated by frustrations over "failing an exam, not receiving a graduation certificate, and dissatisfaction with internship compensation."
An investigation into the attack is ongoing.
@DDGeopolitics
SCO is not a military alliance... It has both Jais and Pakistan in it. Azeris fly China's aircrafts. The point of SCO is/was to help the anti terrorist war.Russia and China have already allowed a SCO member to be beaten up in front of the whole world, without consequences. And not only to beat up, but also to squeeze a healthy piece of territory and organize ethnic cleansing on it. Do you know Nagorno-Karabakh?
They allowed, of course, not the United States and Israel, but Azerbaijan, which is much inferior to them in capabilities. This, in general, showed the real value of the SCO.