World Chinese Foreign Official Says U.S. Dominance in 'Decline' But Will Be Hard to Overtake

02:01  11 july  2021
02:01  11 july  2021 Source:   newsweek.com

Is the Chinese Communist Party always ... Communist?

 Is the Chinese Communist Party always ... Communist? © provided by the point "c? is the sacred duty of all Chinese communists constantly developing Marxism, "said May 2018, Xi Jinping, on the occasion of the celebration of the 200th anniversary of Karl Marx's birth. This Thursday, the first secretary of the Chinese Communist Party (CPC) has honored for the one hundred years of the party.

BEIJING — China is set to overtake the United States as the world' s largest economy a few years earlier than anticipated due to the coronavirus pandemic, analysts said . He said new government restrictions following pockets of coronavirus cases in China in the last several weeks will likely give mixed signals on first quarter growth, while the U . S . will benefit from government support passed late last year. But Tai added that GDP is "just a convenient comparison" and that when making decisions, investors should also consider differences in economic structure, income, development and

(Bloomberg) -- For weeks now, optimists have said China ’ s tech crackdown has been priced in by the stock market. A fresh round of regulatory angst has shaken that thesis to its core. The market capitalization of shares in a gauge of China ’ s internet sector dropped by about 0 billion this week alone, as Beijing vowed to increase scrutiny over data collection and “If data is considered a public good, then this would be much worse than is currently being discounted by share prices and the impact on earnings could be significant,” said Joshua Crabb, portfolio manager at Robeco in Hong Kong.

China's foreign vice minister said Friday that America's hegemony is falling, but noted that it would still be hard to surpass the U.S. as a leading world power.

Christopher Doyle wearing a suit and tie: Chinese Foreign Vice Minister Le Yucheng speaks at the meeting of the normalization of China-Japan diplomatic relations in Beijing on September 28, 2012. © WANG ZHAO/AFP/Getty Images Chinese Foreign Vice Minister Le Yucheng speaks at the meeting of the normalization of China-Japan diplomatic relations in Beijing on September 28, 2012.

Speaking to the Chinese state media outlet Guancha on Friday, Le Yucheng said the U.S. continued to represent the strongest, most powerful nation in the world, but that the country was suffering from an idealogical perspective.

"The U.S. decline is not a decline in strength but a decline of hegemony," Le said, according to the South China Morning Post. "No matter a country's strength, hegemonic power is bound to wither, hegemony is not popular."

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In May, US officials accused Beijing of an “unsafe intercept” when Chinese planes buzzed an American spy plane flying off the coast of China . Later that month, two US nuke ‘sniffer’ aircraft were intercepted by Chinese planes in the East China Sea. All these powers, that the US has worked so hard to keep in check, are continuously being pushed toward each other by a common goal: to end US domination and build a more multipolar world. Most often, these developments are portrayed as “muscle flexing” and “aggressive” by Western media, while American efforts to maintain global hegemony are

Chinese foreign ministry spokesperson Lijian Zhao has demanded US authorities reveal what they’re hiding about the origins of Covid-19, going as far as to suggest the coronavirus may have been brought to China by the US military. Chinese official speculates AMERICANS may have infected Wuhan at army games & calls to ‘come clean’.

Nonetheless, Le continued by stating that the U.S. was "still a strong and large nation in the number one spot," and that "it will be hard to overtake it over a relatively long period of time."

The Chinese foreign minister went on to criticize President Joe Biden for approaching China with an aggressive stance, and claimed that the administration is attempting to both destroy and contain China.

"The biggest challenge faced by a superpower like the United States will always come from within, and destroying China is by no means a prescription for solving American problems," Le said, according to The Post. "We hope that the United States will return to reason and the right path of dialogue and cooperation, with no need to turn resisting China into a policy, nor containing China into 'political correctness'," he continued.

China tipped to overtake the US economy, despite 'unreliable' and 'faked' data

  China tipped to overtake the US economy, despite 'unreliable' and 'faked' data When it comes to economic miracles, no other country has pulled off quite as many as China. Some are predicting it will overtake the US within years, despite its Premier saying Beijing's numbers are "unreliable".China's most recent miracle was its breakneck recovery from COVID-19 (without falling into recession), while most other countries are struggling to even return to "normal".

China ' s top disease control official has said the efficacy of the country' s Covid vaccines is low, in a rare admission of weakness. Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome U . S . restrictions that have devastated its smartphone business. Huawei was put on an export blacklist by former U . S . President Donald Trump in 2019 and barred from accessing critical technology of U . S . origin, affecting its ability to design its own chips and source components from outside vendors.

China isn’t alone in pumping money into the tech sector as a way to get out of the post-virus economic slump. Earlier this month, South Korea said AI and wireless communications would be at the core of it its “New Deal” to create jobs and boost growth. According to the government-backed China Center Those calculations also include power and rail lines. That annual figure would be almost double the past three-year average, the investment bank said in a March report that listed key stock beneficiaries including companies such as China Tower Corp., Alibaba, GDS Holdings, Quanta Computer Inc. and

Le added that U.S.-led international groups, such as the Asia-Pacific focused Quadrilateral Security Dialogue (Quad), and Group of Seven Nations (G7), are examples of the country attempting to define the "international community," while going against China. The foreign minister also rebuked the U.S. and other Western nations for accusing China of committing human rights violations in Xinjiang.

In January, the U.S. became the first country to officially declare China's actions to be genocide, following reports that the nation has placed over 1 million Uyghurs into detainment camps in the Xinjiang region and forced them to work in hazardous conditions against their will. The country has also been accused of using sophisticated techniques to hack into the phones and technologies of ethnic minorities.

Le's statements on Friday come as several U.S. officials are sounding the alarm that China's economy and military are growing at rapid rates.

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China will never overtake the U . S . in agricultural production. If you are talking about artificial quantities such as GDP, perhaps. It is not just the dynamism of the Chinese economy or the hard working nature of their people, it is now a different challenge to the west and really the entire non- chinese world. Will China not only eclipse the USA and the west but will they dominate . Year after year the USA has been involved in ruinous wars, have wasted trillions and trillions of dollars, have outsourced everything they could for a few pieces of silver so to speak to the Chinese and others.

Beijing (CNN) China ' s rise is a "historical inevitability" and it will no longer be "bullied, oppressed or subjugated" by foreign countries, its leader, Xi Jinping, said Thursday during an event commemorating the 100th anniversary of the Chinese Communist Party. "Without the Communist Party, there will be no new China ," Xi said to thundering applause and cheers. The President' s speech capped an occasionally rainy morning of celebrations in the capital to mark the party' s centenary, including patriotic songs, speeches from officials and flyovers by the People' s Liberation Army Air Force.

Last month, Utah Republican Senator Mitt Romney warned that China is on track to become "the most powerful economy in the world and the most powerful military in the world," likely representing the most significant challenges to U.S. foreign policy.

"I think the president is increasingly aware of that challenge, as is his secretary of state, [Antony] Blinken, and I think they're looking to try to pull together our alliances to wake up to that reality and take action to dissuade China from the path of confrontation and military aggressiveness," Romney said during an interview on CNN's State of the Union.

Similarly, in a recent interview published in the Financial Times, senior NATO officer Stuart Peach remarked on China's rapid military expansion.

"It is quite shocking how quickly China has built ships, how much China has modernized its air force, how much it has invested in cyber and other forms of information management, not least facial recognition," Peach told the news outlet.

Newsweek contacted the White House for additional comment, but did not hear back in time for publication.

Tourist operators look to Japan, India amid warnings Chinese tourists unlikely to flock back after COVID-19

  Tourist operators look to Japan, India amid warnings Chinese tourists unlikely to flock back after COVID-19 A tourism expert warns Chinese travellers are unlikely to return to Australia in the same numbers as before the pandemic unless diplomatic relations between the two countries improve. Sam Huang, from Edith Cowan University in Perth, said the Chinese government held a lot of sway over the country's outbound tourism, which did not bode well for Australia."The current situation of the Australia-China relationship, I would say that would be a big barrier for our future tourism recovery," he told The Business.

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