World China leads an "economic war" against Australia, says an American advisor

10:15  01 december  2021
10:15  01 december  2021 Source:   france24.com

China downgrades ties with Lithuania over Taiwan

  China downgrades ties with Lithuania over Taiwan Lithuania allowed Taiwan to open a de facto embassy in its country, a move which has angered China.Lithuania defended its right to have ties with Taiwan, but said it respected the "One China" policy.

China Daily said Australia had undermined previously “sound and mutually beneficial” ties by “baselessly” sanctioning Chinese companies (presumably Huawei being banned from our 5G network) and “aggressively sending warships to China ’s doorstep”. Australia has to tighten its belt and forgo these cheap products and being dependent upon China to supply them, she argued. “We have to realise that the alternative is to become a vassal state,” she said . Australia ’s Federal Government has plunged the nation into enormous debt as it tries to cushion the effects of the COVID-19 with billions

Trump is afraid China might actually lead in high tech so our government invented ways to slow down China from succeeding using national security concerns as excuse for imposing strict commercial rules on Chinese companies such as required of special licenses to buy from American companies In all honesty, it’s highly unlikely that China will really end up overtaking the US in a trade war (irrespective of the crippling trade deficit we have right now), and even if they do, they’re not necessarily looking to start an “ economic war ,” but more so intend on becoming a global power… their aim isn’t in demoting the.

USA-China-Australia: China leads an "economic war" against Australia, says an American advisor

LA CHINE CONDUIT UNE © Reuters / Toru Hanai China leads an "economic war" against Australia, says an American official

Sydney (Reuters) - China leads a "spectacular economic war" against Australia and attempted to "break" Canberra, which helps to increase Anxiety with regard to Beijing in the region, declared the coordinator of the American Indo-Pacific Policy, Kurt Campbell, in a speech on Wednesday in front of a Circle of Reflection in Sydney.

US President Joe Biden addressed the question of Australia, who was the subject of commercial reprisal on the part of Beijing, during his meeting with Chinese President Xi Jinping, said Kurt Campbell during his speech.

President Xi: China will not seek dominance over Southeast Asia

  President Xi: China will not seek dominance over Southeast Asia China’s leader makes remarks days after a flare-up with the Philippines in the South China Sea.China has repeatedly sought to overcome concerns about its rising power and influence in the region, particularly its claim to virtually the entire South China Sea that overlaps with claims by Malaysia, Vietnam, Brunei, and the Philippines.

The article is devoted to American - Chinese relationships in trade and investment spheres. There are comparisons of huge American and China ’s trade blocks (such as One Belt, One Road vs. TPP and TTIP). Conclusions of the article are made in long-term prospects.

However, the american (and european) private companies are interested in maintaining commercial relations with china , want access to the chinese markets and maintain related profits, therefore any economic sanctions against China are in reality half-hearted, with many exceptions. So, really, any economic behavior oriented toward stripping the US of its status, has to ALSO be done to its allies. A good example being Australia … China has started a trade war with Australia because they know that Australia is an ally of the US… and I, as an American , thank every Australian that stands behind

"China would have preferred to break Australia, kneeling it," he said.

The US coordinator emphasized the United States' commitment to its new security and economic alliances in the Indo-Pacific, particularly in the Covenant "Aukus" concluded with Australia and the United Kingdom and in the quadrilateral dialogue. On security ("quad") - including the United States, Japan, India and Australia.

"The United States does not leave the Indo-Pacific and we are not in decline," said Kurt Campbell, adding that "President XI's advisers (seemed to believe) that the United States is declining".

(Reporting by Kirsty Needham. Editing by Gerry Doyle)

US and China continue to dominate the Indo-Pacific, according to the Lowy Institute Asia Power Index .
The Lowy Institute's Asia Power Index shows US power has grown under the Biden administration while the COVID-19 pandemic has dampened China's rise regionally.The Asia Power Index considers a wide range of measures, including economic and military capability, economic relationships and defence networks, as well as diplomatic and cultural influence.

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This is interesting!