For a Just and Multipolar World Order: Russia and China Strengthen Alliance

The president of Russia, Vladimir Putin, has arrived in China on his first official visit abroad after his recent inauguration. He was received by his Chinese counterpart, President Xi Jinping, with whom he held talks agreeing to deepen mutual political trust and contribute to global security and stability.

For a Just and Multipolar World Order: Russia and China Strengthen Alliance

Related:

Xi Agrees To Deepen China-Russia Military Ties, Brushing Off US Warnings

China vs. the US: shipbuilding, subsidies, and the Jones Act

Hypocrisy thrives where double standards prevail.

Earlier, I stupidly tweeted out an article about the Jones Act and shipbuilding and Colin Grabow, from the Cato Institute, liked it (he was quoted in the article). I looked him up and decided to listen to this video on the shipbuilding competition between China and the US, where he and a lawyer for United Steelworkers were on the panel. China is eating their lunch, and it’s the ruling elites’ own fault, yet they scapegoat China for it. The double standards over China’s “unfair economic practices” AKA the subsidizing of their shipbuilding industry irritates me (liars irritate me even more). States give subsidies, grants, and tax breaks to corporations, all the time. Fincantieri Marinette Marine is just one example, but Wisconsin had done the same for Foxconn. Foxconn received tax breaks and $3B in subsidies, which was “the largest ever subsidy provided by a state to a foreign company”, despite not living up to their promises.

Rumble

Colin Grabow wants to end the Jones Act. I’ve made at least three video clips regarding the Jones Act, two with Sal Mercogliano from What’s Going On With Shipping and one from the government-funded CSIS (I’ve posted them, below). Spoiler alert: Sal says that the problem isn’t the Jones Act. Meanwhile, both CSIS and the Cato Institute (part of the Atlas Network) blame the Jones Act. Deregulation is a wet dream of big corporations (which fund both the Cato Institute and CSIS).

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Philippines’ ‘assertive transparency’ strategy is causing them to miss out economically

The Philippines is going all in with the United States and bracing itself against lost Chinese largesse. President Ferdinand Marcos Jnr will fly to Washington next month to attend the US-Japan-Philippines trilateral leaders’ summit. It will be his fourth visit to the US since taking office as president less than two years ago.

South China Sea: Philippines must softly manage disputes or miss out economically

Previously:

PH: Compared To China, US Trade, Investment Offers Laughable + More

SCS: The Office of Naval Research funded Stanford’s GKC

Trump invites Chinese to build US auto plants

Trump invites Chinese to build US auto plants

Trump’s offer to China went unreported in virtually all media. Mainstream US media attacked the former president for using the term “bloodbath” to describe the impact of prospective Chinese imports on the American auto industry, implying that he had threatened actual violence if he was not elected. But the transcript of his remarks at a Dayton, Ohio, rally makes clear that he was referring to industry conditions.