Editors note: China’s continuous subsidy machine, in the form of loans that don’t need to be paid back, is accelerating. This is how they can sell at prices that don’t make sense. Banks extended a record 12.09 trillion yuan (US$1.73 trillion) of new loans in the first half of 2020, beating a previous peak of…
Editors Note: This is a great development. Rule requires companies to show they do not use certain Chinese groups’ products [Demetri Sevastopulo | July 10, 2020 | Financial Times] Companies that provide the US government with goods and services must certify that they do not use Huawei equipment or products from other controversial Chinese groups, according…
Editors note: Message from China’s ambassador to the UK, “ [I]f you want to make China a hostile country, you will have to bear the consequences.” At last, the Western world is waking up to an obvious truth: The Chinese Communist Party is a deeply unpleasant regime that is hell-bent on world domination, and is most…
Editor’s Note: A Londoner view on the Great Decoupling from China. New cost calculus and COVID-19 offer opening if investment in competitiveness [Diana Choyleva | July 10, 2020 | Nikkei Asian Review] Growing disillusionment with China, heightened by misgivings over Beijing’s initial handling of the coronavirus pandemic, presents the U.S. with the opportunity to launch…
Editors note: FBI Director Wray explicitly lays out how China is using every tool available to dominate globally and to erode America’s economic and military strength. China’s Attempt to Influence U.S. Institutions: A Conversation with FBI Director Christopher Wray [Walter Russell Mead & Christopher Wray | July 7, 2020 | Hudson Institute] Walter Russell Mead:…
