World: Rudd comment: Fasten your seatbelts, China has drawn its red lines against Trump - PressFrom - Australia
  •   
  •   

WorldRudd comment: Fasten your seatbelts, China has drawn its red lines against Trump

03:45  13 june  2019
03:45  13 june  2019 Source:   brisbanetimes.com.au

Huawei strips back production of phones amid US crackdown, report says

Huawei strips back production of phones amid US crackdown, report says Foxconn has received fewer orders for Huawei phones, the South China Morning Post reports.

And after Osaka, Trump will yield on the first two of China ’s new red lines . And Xi will increase the And on that score, we should all fasten our seatbelts for a more fundamental decoupling of the Kevin Rudd , a former foreign minister and prime minister, is now president of the Asia Society Policy

Отмена. Попробовать. pendulum fasten your seatbelts . twkmedia. Загрузка Композиция. Fasten Your Seatbelt . Исполнитель. Pendulum.

Video provided by Reuters

This time last month, I was having breakfast with a Chinese friend in Chengdu, the prosperous provincial capital of Sichuan, discussing the increasingly toxic US-China relationship. The only newspaper available that morning was the less-than-world-renowned Chengdu Commercial Daily. But the headlines that day took my eye, particularly the bright red-lined box high on the front page, announcing publicly for the first time China’s three new red lines in the ongoing US-China trade war.

What did the SA Premier learn from an encounter with Anthony 'The Mooch' Scaramucci?

What did the SA Premier learn from an encounter with Anthony 'The Mooch' Scaramucci? Steven Marshall refers to a "very insightful" encounter with one of America's most controversial characters, known widely for spending just 10 days in his role at the White House. © Provided by ABC News Premier Marshall said Mr Scaramucci was "very insightful" during an Australian leadership retreat. Anthony "The Mooch" Scaramucci was briefly White House communications director and was recently a key speaker at a leadership retreat attended by Mr Marshall last weekend.

Welcome aboard! Fasten Your Seatbelt is a travel blog to meet all your wanderlusting needs. Buckle up and come along for the ride! I don't have a favourite colour. I don't read as much as I should. I have a love/hate relationship with my own company. I'm lazy.

Fasten your seatbelts , California! Exclusive: Barbara Simpson warns of state's impending war with And he’s using that power to set up his big guns to fight whatever the Trump administration plans to Never forget, this is a man who has spent the better part of his life in political office in his home state.

Mysteriously these also happened to be the headlines in every newspaper in China that day. I hadn’t seen such editorial discipline since Murdoch’s coverage of the Australian elections.

It was clear we were now in a whole new world of pain in bringing an end to an increasingly debilitating trade war. China would not now be budging on America’s insistence on retaining tariffs for a period after the deal’s signing; nor would it accept the US unilaterally reimposing tariffs in the future if the US deemed China not to be complying, while denying China the right to take retaliatory measures; nor President Trump’s ever-inflating “purchasing order” for American goods that China would be required to buy to bring down the bilateral trade deficit to a number of Trump’s choosing.

Trump threatens China with tariffs on a further $300 billion of goods

Trump threatens China with tariffs on a further $300 billion of goods :Trump threatens China with further $300 billion of tariffs

Mr. Trump strongly warned China against further depreciation of its currency as part of a flurry of early-morning tweets nearly two weeks ago. China has vowed to respond to any trade measures in kind, and it has already imposed its own tariffs on billion worth of American soybeans, pork

We have been calling for a benign outcome on the US- China trade war. Our view has been that a The downward-sloping line is the policy response to markets. Weak markets motivate friendly policy Fasten your seatbelt and don't hold your breath. What does our framework say about the outlook?

The significance of all this was not the substance of China’s objections, but that China chose to make them public, thereby making it impossible for Beijing to yield on them in the future. In China’s eyes, if there’s to be a deal, most if not all the movement is now going to have to come from Trump.

Beijing then proceeded to unleash an avalanche of nationalist rhetoric against the use of a type I hadn’t seen in 30 years. America was now routinely described as a swaggering bully. The People’s Daily reminded its readers that the People’s Republic, less than 12 months after its founding, had fought the US to a stalemate in Korea.

Xi Jinping then went south to Jiangxi, from where the Communist Party had set out on the Long March in 1934 and lost 90 per cent of its forces, before finally winning the war against the Nationalists 15 years later. Xi also happened to visit a rare-earths facility in Jiangxi, while not being so crass as to state publicly that America is ultimately dependent on Chinese rare earths for America’s own needs across multiple industry sectors.

China warned tech companies of consequences for cooperating with US ban

China warned tech companies of consequences for cooperating with US ban Government officials summoned companies to a series of meetings this week

Ladies and gentlemen, fasten your seat belts Combination style Sound boy Oh Sound boy Combination style Oh Combination style Sound boy You're too young About “ Fasten Your Seatbelt ”. Hold Your Colour is the debut full-length album by British/Australian drum and bass band Pendulum.

Though Trump has pledged to release an outline in January, a big public works package is something he can Ivanka Trump and Jared Kushner, the president’s daughter and son-in-law, have not had the easiest ride in What’s your prediction for the coming political year? Let us know in the comments .

The message to the domestic body politic was clear: the world has thrown a lot at China over the last 5000 years, but we Chinese have a long, long history of enduring pain, and we always prevail. Meanwhile, on the policy front, China has calculated that a full-blown trade war, if it comes to that, will cost its economy 1.4 per cent in growth per year. A full range of fiscal, monetary and infrastructure investment measures are already underway as part of a stimulus strategy to keep growth above 6 percent. Other measures are in the pipeline.

Adding fuel to the fire, President Trump on May 15 announced that the Chinese telecom giant Huawei would become a “listed entity” under US law, meaning that no American firm could supply Huawei with components. China retaliated May 31 by announcing its own “unreliable entities list” on which it would list any international firm that took “ discriminatory actions” against Chinese firms, or actions hostile to China’s national security interests.

Foreign firms, it seems, are about to be caught in the cross-fire. Given all the above, what now are the prospects for a resolution? The bottom line is both sides still need a trade deal. If Trump wants to be re-elected, he has to sustain US economic growth through 2020 after what is already a very long growth cycle.

Google is moving US-bound Nest production out of China, reports Bloomberg

Google is moving US-bound Nest production out of China, reports Bloomberg Motherboards for Alphabet’s US data centers have left China as well

China for all its economic and technical achievements over recent decades still remains an evolving In official state responses to Trump ’s call from Taiwan’s president, China has stated it feels like In response to Trump ’s comments that the “one China ” policy could be used as a bargaining chip with

Trump has done something similar with Iran. He has announced that he will withdraw from the nuclear deal if Congress and the European allies don’t Most likely, Tehran would make the United States pay by using its considerable influence to destabilize Iraq, which is entering a tumultuous election season.

To do that, he cannot allow negotiations to collapse because market confidence would collapse along with them. The real economy could then go into recession in a year he can least afford it.

As for Xi Jinping, there is a limit to how much China can continue to rely on economic stimulus to prop up growth. Chinese debt to GDP now runs at 248 per cent (although this is 99 per cent domestic). China’s private sector also performed badly in 2018 for reasons quite separate from the trade war.

Putting the trade war to bed is also important for China in restoring market confidence. Although not at any political price.

The likelihood of a deal now hovers around 50-50 – the ultimate contest between politics and economics. My prediction is that the Osaka G20 Summit will see a “reboot” to the negotiating process. And after Osaka, Trump will yield on the first two of China’s new red lines. And Xi will increase the quantum of the proposed Chinese purchasing agreement from China’s previous offer, although not by as much as Trump has demanded. That way, enough face will be saved all around.

Of course, raw politics may still derail the lot. Including Trump’s rolling calculus of what he needs to sell to his political base. As well as what deal he needs to wedge the Democrats who are currently seeking to outflank him to the right on China.

Kevin Rudd accuses CFMEU and Victorian union leader John Setka of damaging Labor's brand

Kevin Rudd accuses CFMEU and Victorian union leader John Setka of damaging Labor's brand The former prime minister says the union needs to have "a long hard look at itself" as the saga engulfing the CFMEU inflicts further pain on the ALP.

GREECE: ' Fasten your seatbelts '. Mike Bird. Jun 8, 2015, 4:51 PM. Much of the timeline actually remains the same, as Bank of America Merrill Lynch researchers pointed out in a note titled “Brinkmanship in Greece: fasten your seatbelts ” on Monday morning.

President Donald Trump has drawn a red line for himself by pledging to attack North Korea, but it ' s unlikely he will live up to his promise, experts said. The incident is seen as yet another example of Trump undermining American credibility and escalating tensions in the Korean Peninsula.

But while there may be a solution to the trade war, the technology war has barely begun. And on that score, we should all fasten our seatbelts for a more fundamental decoupling of the world’s two largest economies – in the internet, telecommunications, fintech, the emerging digital payments system and the whole new uncharted world of artificial intelligence.

Kevin Rudd, a former foreign minister and prime minister, is now president of the Asia Society Policy Institute in New York.

Pictures: 15 surprising spending habits of Trump

Oz Lotto $70m jackpot could go off tonight.
Around one in four Australians are expected to grab a ticket for tonight’s Oz Lotto with $70 million up for grabs. There is a strong chance there will be a first division winner due to the amount of tickets sold. While every number has an equal chance of being drawn, the hot picks are 33, 7, 25 and 40, being the most frequently drawn numbers. Some prefer to go for the “cold” or less frequently won numbers in hopes luck will be on their side and there will be less competition if the numbers are drawn. Those numbers are 10,24 and 42.

—   Share news in the SOC. Networks
usr: 179
This is interesting!