Pepe Escobar
China, Russia and Iran will take the fight towards a more equal and just system to the next level, Pepe Escobar writes.
Year of the Dragon: Silk Roads, BRICS Roads, Sino-Roads
Previously:
Pepe Escobar
China, Russia and Iran will take the fight towards a more equal and just system to the next level, Pepe Escobar writes.
Year of the Dragon: Silk Roads, BRICS Roads, Sino-Roads
Previously:
By Herman Tiu Laurel
The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.
Yellen secretly yells for China’s help
Related:
In the absence of official scrutiny of Washington’s spending spree on Ukraine, The Grayzone conducted an independent audit of US funding for the country. We discovered a series of wasteful, highly unusual expenditures the Biden administration has yet to explain.
All aboard the gravy train: an independent audit of US funding for Ukraine
Threats to international peace and security – Security Council, 9364th meeting
Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties
‘We can de-risk but not decouple’ from China, says Raytheon chief
Related:
Aerojet gets $215 million to boost production of solid rocket motors used in weapons for Ukraine
The State Department confirmed on Wednesday that Secretary of State Antony Blinken will be visiting China, making him the highest-level Biden administration official to make the trip.
Blinken’s Visit to China Confirmed After Call With Chinese FM
Global Times:
Blinken visit still ‘opportunity’ amid mutual low expectations
Shortly before Blinken’s visit was confirmed by China, Chinese State Councilor and Foreign Minister Qin Gang had a phone call with Blinken at the latter’s request. During the phone call, Qin expounded on China’s firm stance on core concerns such as the Taiwan question.
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
Last week Secretary of the Treasury Janet L. Yellen gave a speech on the U.S.-China economic relationship. I called it a declaration of war.
Yesterday National Security Advisor Jake Sullivan held a speech on ‘Renewing American Economic Leadership’ which touched on some of the same themes as Yellen’s speech.
U.S. Argues For More Protectionism And Subsidies
Treasury Secretary Yellen says engagement with Beijing is possible, as long as American ‘leadership’ is preserved
The US is fine with China’s economic success, as long as it’s on Washington’s terms
If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo
Related:
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”
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