Blinken’s single-point agenda in Delhi – China
India needs to continue to walk the fine line both to avoid collateral damage from the Biden administration’s zigzagging policies on China as well as to keep its own autonomy to negotiate with China bilaterally. Biden is a highly experienced politician and if he gets to realise the futility of trying to suppress China, a pattern of co-existence may well emerge.
US Senators Fly to Taiwan on Military Plane, Angering China
“If the US continues these gestures and keeps trying to strengthen official ties with Taiwan, as well as the military relationship and other official communications, then this will be seen as provocative. Public opinion could move further in the direction of military action,” Zhu said.
The US officially maintains a policy of “strategic ambiguity” concerning Taiwan and a possible Chinese invasion. But there are growing calls among China hawks in Washington for the US to adopt a policy of “strategic clarity” that would mean the US would commit to going to war for Taiwan if Beijing moves to take the island. The policy change in itself would be a major provocation towards China and make conflict more likely.
Related:
Joe Biden’s European diplomatic blitz will have China woven ‘throughout every meeting’
Senate Passes Massive $250 Billion Legislation to Counter China
Is inflation coming back in the major capitalist economies? As the US economy (in particular) and other major economies begin to rebound from the COVID slump of 2020, the talk among mainstream economists is whether inflation in the prices for goods and services in those economies is going to accelerate to the point where central banks have to tighten monetary policy (ie stop injecting credit into the banking system and raise interest rates). And if that were to happen, would it cause a collapse in the stock and bond markets and bankruptcies for many weaker companies as the cost of servicing corporate debt rises?
Inflation and financial risk
Winners, losers in Xinjiang cotton row
For politicians with wide-ranging commercial interest in China, it really hurts. One named person facing China’s sanctions saw his family fortune dwindle by US$1bil as businesses linked to him are hit, according to social media posts.
…
According to media reports, Germany’s Adidas saw its share price plunge by over 6% on March 25. Adidas and US-based Nike saw their combined market value dissipate by more than 70 billion yuan or US$10.7bil. The market value of H&M; slumped by about 4.8bil yuan.
Ms. Cat’s Chronicles 
You must be logged in to post a comment.