China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

This year marks exactly 50 years since the establishment of ties between the United States and the People’s Republic of China. US President Richard Nixon visited China in 1972 and initiated an unprecedented thaw in relations, the first ever between a Communist power and a leading capitalist one. It was a very unusual occurrence, especially as the (First) Cold War was reaching its zenith precisely at that time. Although Mao Zedong himself and Nixon paved the way for the establishment of this relationship, it was only after Deng Xiaoping took power that the modern Sino-American relationship grew and in many ways shaped the economic and geopolitical realities of our time.

China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

Related:

US debt held by China drops to lowest in 12 years

Speaking at a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell acknowledged that the recent battle with inflation could tip the country into another recession.

Amboys’ Anti-China Smears Exposed

By Herman Tiu Laurel

On July 17, 2022 the Philippine Daily Inquirer headlined a complete and total lie about China’s loan assistance to the Philippines, blaring loudly and shamelessly “’Debt trap avoided’; Marcos pushed to review China loans.” How Philippine mainstream media is allowed to publish such outright misinformation and disinformation is truly disgusting.

Amboys’ Anti-China Smears Exposed

Related:

The myth of PH bankruptcy and ‘Chinese debt slavery’

Uganda says exploration results show it has 31 million tonnes of gold ore

Uganda says exploration results show it has 31 million tonnes of gold ore

Muyita said Wagagai, a Chinese company, had set up a mine in Busia in eastern Uganda and was expected to start production this year. Wagagai had invested $200 million, he said, and its mine will have a refining unit.

Parliament early this year enacted a new mining law that, once signed by the president, will pave way for the creation of a state mining company.

The company will compulsorily acquire a 15% stake in every mining operation and investors will be required to sign a production-sharing agreement with the government. Previously investors were given mining production licenses on a first-come, first-served basis.

Related:

Six decades of China-Uganda diplomatic relations and win-win partnership

Debt trap rumour intended to derail Uganda, China friendship

Uganda: President Pledges Rights Improvements

Hijacking Human Rights

HRW, sponsored by Adessium Foundation, Open Society Foundations, The Ford Foundation.

NED – Uganda

Looks like HRW & NED are on top of it! #RegimeChange

“Partnership in Blue Pacific” to Turn Pacific Islands into Anti-China War Zone

Jun 30, 2022 The US has announced yet another anti-China alliance. This one is called, “Partners in Blue Pacific,” and either includes or soon will include both the UK and France as well as Australia, New Zealand, and Japan.

This is about countering China – but if China is attempting to trade, develop, and raise the entire region with its own rise upon the global stage – it means the US and its allies are attempting to counter development and progress for these Pacific island nations.

Many of these nations are approaching China in the first place specifically because of the impoverished, destabilized state they’ve been left in by the US and its allies.

“Partnership in Blue Pacific” to Turn Pacific Islands into Anti-China War Zone (Odysee) via The New Atlas

References:

US and allies launch initiative to help Pacific Island nations

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