#Newspaper
COVID-19 Undermines China’s Run As The World’s Factory, But Beijing Has A Plan
// Over the past few decades the cost of production in China were so low that the occasional economic hiccup was merely the cost of doing business. Today, it’s enough to tip the scales.
//China has rapidly undergone a fundamental socio-economic transition, jumping from primarily being an export nation—a.k.a. the World’s Factory—to being a consumption, service driven economy.
//they devised a way to keep them firmly tethered to the motherland by creating a globe-spanning network of China-driven economic corridors, logistics zones, industrial parks and financial centers... the network was given a name in 2013: the Belt and Road (BRI).
//on closer inspection we see an array of China-driven ports and logistics zones that are almost invariably connected with new manufacturing zones that are slated to be filled with Chinese companies.
//It is not only international firms that are scaling back or leaving China in droves, but Chinese companies as well. They are not immune to the rising costs of production, stricter environmental regulations, and the added costs and uncertainty of trade war.
//The object is to stock these zones with Chinese manufacturers who can not only better access the markets they’re in and the U.S. and EU but also to ship cheaper produced goods and resources back home to China.
//The end of China’s role as the world’s factory is approaching, but this is what the Belt and Road was built for.
Source: Forbes, (26-Mar)
https://bit.ly/3bXa6v4
#OneBeltOneRoad #China #Economy #WorldsFactory #Coronavirus
COVID-19 Undermines China’s Run As The World’s Factory, But Beijing Has A Plan
// Over the past few decades the cost of production in China were so low that the occasional economic hiccup was merely the cost of doing business. Today, it’s enough to tip the scales.
//China has rapidly undergone a fundamental socio-economic transition, jumping from primarily being an export nation—a.k.a. the World’s Factory—to being a consumption, service driven economy.
//they devised a way to keep them firmly tethered to the motherland by creating a globe-spanning network of China-driven economic corridors, logistics zones, industrial parks and financial centers... the network was given a name in 2013: the Belt and Road (BRI).
//on closer inspection we see an array of China-driven ports and logistics zones that are almost invariably connected with new manufacturing zones that are slated to be filled with Chinese companies.
//It is not only international firms that are scaling back or leaving China in droves, but Chinese companies as well. They are not immune to the rising costs of production, stricter environmental regulations, and the added costs and uncertainty of trade war.
//The object is to stock these zones with Chinese manufacturers who can not only better access the markets they’re in and the U.S. and EU but also to ship cheaper produced goods and resources back home to China.
//The end of China’s role as the world’s factory is approaching, but this is what the Belt and Road was built for.
Source: Forbes, (26-Mar)
https://bit.ly/3bXa6v4
#OneBeltOneRoad #China #Economy #WorldsFactory #Coronavirus
Forbes
COVID-19 Undermines China’s Run As The World’s Factory, But Beijing Has A Plan
China is stepping out from quarantine into a very different world: the days of China being the world’s factory are over.
#Newspaper
China Isn’t Helping Italy. It’s Waging Information Warfare
//Italy is an ideal outpost for China’s wide-reaching propaganda effort to cover up its own responsibility for the global spread of the new coronavirus, all the while presenting itself as a compassionate power aiding Western countries in need.
//The government has been pursuing a two-pronged strategy that carefully combines sending medical supplies to assert its relevance in a leaderless world—call it mask diplomacy—while at the same time spreading conspiracy theories to conceal the true origin of the virus. In this “global battle of narratives,”
//it’s also led by a government coalition that includes the Five Star Movement, a Euroskeptic and increasingly pro-Chinese party that has for years relentlessly promoted a stronger relationship with Beijing while downplaying the traditional trans-Atlantic alliance and fueling suspicion toward NATO
//Recently, China’s state media outlets suggested the new coronavirus originated in Italy, not in Wuhan, by shrewdly twisting the words of the Italian physician Giuseppe Remuzzi
//it was part of a commercial deal formalized a few days before in a phone call between the foreign ministers of China and Italy, Luigi di Maio and Wang Yi. Italy was buying medical equipment from China, but the government took advantage of a parallel donation made by China’s Red Cross to make it look like an instance of its “politics of generosity.”
//selectively praising China’s generous efforts while downplaying the belated solidarity coming from EU members
//If the Chinese government knew [about the virus] and didn’t tell it publicly, it committed a crime against humanity
//The Five Star Movement has long been a hotbed for conspiracy theories and fake news
//France and Germany combined have now donated more masks to Italy than China, and Austria contributed 1.6 million more. German hospitals are taking care of some patients from Italy, while France donated 200,000 protective suits.
Source: FP, (31-Mar)
https://bit.ly/3bVxn08
Further reading:
Italy is ranked as the country with the most rapid spread of Covid-19 outside of China.
https://t.me/guardiansofhongkong/19303
#Italy #China #ChinesePropaganda #France #Germany #Austria #Masks #Donation #OneBeltOneRoad #MaskDiplomacy
China Isn’t Helping Italy. It’s Waging Information Warfare
//Italy is an ideal outpost for China’s wide-reaching propaganda effort to cover up its own responsibility for the global spread of the new coronavirus, all the while presenting itself as a compassionate power aiding Western countries in need.
//The government has been pursuing a two-pronged strategy that carefully combines sending medical supplies to assert its relevance in a leaderless world—call it mask diplomacy—while at the same time spreading conspiracy theories to conceal the true origin of the virus. In this “global battle of narratives,”
//it’s also led by a government coalition that includes the Five Star Movement, a Euroskeptic and increasingly pro-Chinese party that has for years relentlessly promoted a stronger relationship with Beijing while downplaying the traditional trans-Atlantic alliance and fueling suspicion toward NATO
//Recently, China’s state media outlets suggested the new coronavirus originated in Italy, not in Wuhan, by shrewdly twisting the words of the Italian physician Giuseppe Remuzzi
//it was part of a commercial deal formalized a few days before in a phone call between the foreign ministers of China and Italy, Luigi di Maio and Wang Yi. Italy was buying medical equipment from China, but the government took advantage of a parallel donation made by China’s Red Cross to make it look like an instance of its “politics of generosity.”
//selectively praising China’s generous efforts while downplaying the belated solidarity coming from EU members
//If the Chinese government knew [about the virus] and didn’t tell it publicly, it committed a crime against humanity
//The Five Star Movement has long been a hotbed for conspiracy theories and fake news
//France and Germany combined have now donated more masks to Italy than China, and Austria contributed 1.6 million more. German hospitals are taking care of some patients from Italy, while France donated 200,000 protective suits.
Source: FP, (31-Mar)
https://bit.ly/3bVxn08
Further reading:
Italy is ranked as the country with the most rapid spread of Covid-19 outside of China.
https://t.me/guardiansofhongkong/19303
#Italy #China #ChinesePropaganda #France #Germany #Austria #Masks #Donation #OneBeltOneRoad #MaskDiplomacy
Foreign Policy
China Isn’t Helping Italy. It’s Waging Information Warfare.
The populist Five Star Movement has become China’s chief enabler as Beijing spreads disinformation about the origins of the coronavirus while sending aid shipments to…
#NetiziensVoice #Analysis
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested, otherwise, please feel free to skip it.
(5 Aug) According to BBC, officials reported that the explosion at Beirut’s port is most likely linked to a large amount of ammonium nitrate stored for six years in one of the port’s warehouse.
//Around a decade ago, ammonium nitrate was still somewhat profitable, but it has been declining year after year... Because of the overcapacity.
//Who push the market to excess capacity? China... the situation was so bad that even their own people discussed and warned them
//CCP does not encourage people to farm at all; they prefer demolishing and bulldozing good lands to build buildings, for better prices.
//Rather than storing the ammonium nitrate in China, we might as well treat them as a favor, half-gifted, half-sold. It doesn't matter if the buyer doesn't have the money, Bank of China could be the syndicated loan guarantee
//China began its massive export orders... 2014-2015 were the good years, soon foreign warehouses are full and they were telling China not to send out fertilizer anymore.
//why would a country, and even the capital city Beirut, need to store 2,750 tons of ammonium nitrate fertilizer into its port warehouse
//why we, the ordinary citizens, need to keep an eye on politicians... just like the epidemic, if you don't care about politics, politics will come and kill you.
Full translation:
https://telegra.ph/Lets-talk-about-the-Beirut-explosion-Its-only-a-small-talk-with-some-interesting-information-please-read-it-if-youre-interested--08-12
Source: Facebook
Reference: China Export Ammonium Nitrate 2002 - 2020 (CEIC), China's Ammonium Nitrate Exports up in July 2015
Translated by: Hong Kong Echo
#China #Tianjin #Explosions #Fertilizer #Yuntianhua #AmmoniumNitrate #Xi #Beirut #Lebanon #OneBeltOneRoad
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested, otherwise, please feel free to skip it.
(5 Aug) According to BBC, officials reported that the explosion at Beirut’s port is most likely linked to a large amount of ammonium nitrate stored for six years in one of the port’s warehouse.
//Around a decade ago, ammonium nitrate was still somewhat profitable, but it has been declining year after year... Because of the overcapacity.
//Who push the market to excess capacity? China... the situation was so bad that even their own people discussed and warned them
//CCP does not encourage people to farm at all; they prefer demolishing and bulldozing good lands to build buildings, for better prices.
//Rather than storing the ammonium nitrate in China, we might as well treat them as a favor, half-gifted, half-sold. It doesn't matter if the buyer doesn't have the money, Bank of China could be the syndicated loan guarantee
//China began its massive export orders... 2014-2015 were the good years, soon foreign warehouses are full and they were telling China not to send out fertilizer anymore.
//why would a country, and even the capital city Beirut, need to store 2,750 tons of ammonium nitrate fertilizer into its port warehouse
//why we, the ordinary citizens, need to keep an eye on politicians... just like the epidemic, if you don't care about politics, politics will come and kill you.
Full translation:
https://telegra.ph/Lets-talk-about-the-Beirut-explosion-Its-only-a-small-talk-with-some-interesting-information-please-read-it-if-youre-interested--08-12
Source: Facebook
Reference: China Export Ammonium Nitrate 2002 - 2020 (CEIC), China's Ammonium Nitrate Exports up in July 2015
Translated by: Hong Kong Echo
#China #Tianjin #Explosions #Fertilizer #Yuntianhua #AmmoniumNitrate #Xi #Beirut #Lebanon #OneBeltOneRoad
Telegraph
Let’s talk about the Beirut explosion. It’s only a small talk with some interesting information, please read it if you’re interested…
#NetiziensVoice #Analysis
Australian Economy Is Too Dependent on China and Needs Diversification, Says Senate Opposition Leader
Under Australia's new foreign relations law, which allows the federal government to veto pacts between states and overseas governments or institutions, it is expected that agreements on the ‘Belt and Road’ (‘B&R’) initiative and Confucian Institutes between local governments and China will be voided. Penny Wong, leader of the opposition Labor Party in the Senate, said on 7 December that she hopes the federal and Victorian governments will have “sensible discussions” regarding the latter’s ‘B&R’ agreement. While stressing the need for a new economic strategy where Australia will work with other countries, Wong fell short of signalling a revocation of Victoria’s ‘B&R’ agreement.
As Victoria’s ‘B&R’ agreement with China faces the prospect of being suspended, Wong said in an interview with the ABC that she thinks the federal government “should try to resolve this in a way that respects engagement with the state government and that recognises that China will observe how this is handled carefully”.
Adding that the Labor Party supports the Liberal government in opposing Victoria’s ‘B&R’ initiative, Wong did not indicate specifically that the agreement will be unilaterally cancelled. Wong suggested that instead of considering how Australia can fix its relationship with China, it needs a strategy to diversify its economy and cooperate with other countries in the region given that it is now too reliant on China.
Source: Stand News #Dec07
#Australia #Victoria #China #OneBeltOneRoad #BeltAndRoad #PennyWong #Labor #Diplomacy #Economy #Trade
https://bit.ly/38ES1Sa
Under Australia's new foreign relations law, which allows the federal government to veto pacts between states and overseas governments or institutions, it is expected that agreements on the ‘Belt and Road’ (‘B&R’) initiative and Confucian Institutes between local governments and China will be voided. Penny Wong, leader of the opposition Labor Party in the Senate, said on 7 December that she hopes the federal and Victorian governments will have “sensible discussions” regarding the latter’s ‘B&R’ agreement. While stressing the need for a new economic strategy where Australia will work with other countries, Wong fell short of signalling a revocation of Victoria’s ‘B&R’ agreement.
As Victoria’s ‘B&R’ agreement with China faces the prospect of being suspended, Wong said in an interview with the ABC that she thinks the federal government “should try to resolve this in a way that respects engagement with the state government and that recognises that China will observe how this is handled carefully”.
Adding that the Labor Party supports the Liberal government in opposing Victoria’s ‘B&R’ initiative, Wong did not indicate specifically that the agreement will be unilaterally cancelled. Wong suggested that instead of considering how Australia can fix its relationship with China, it needs a strategy to diversify its economy and cooperate with other countries in the region given that it is now too reliant on China.
Source: Stand News #Dec07
#Australia #Victoria #China #OneBeltOneRoad #BeltAndRoad #PennyWong #Labor #Diplomacy #Economy #Trade
https://bit.ly/38ES1Sa
#InternationalRelations
Switching from China's “One Belt One Road” to the United States' "B3W", Italian Foreign Minister: US is more important than China
United States stated in mid-June that it had established a global infrastructure plan called Build Back Better World (B3W), which compete with “One Belt One Road” from China. Italy, one of members from “One Belt One Road”, after joining B3W this year the Foreign Minister Luigi Di Maio publicly indicated yesterday, although Italy and China have the trading and historical relationship, however this is absolutely not comparable.
Italy joined the “One Belt One Road” in 2019, is the first G& countries participate the project. According to Politico, Italy joined the project during the reign of former Prime Minister Silvio Berlusconi, the former government hoped to use this to attract Chinese investment to revitalize its economy that has stagnated for decades. According to Reuters, the United States has previously expressed concern about Italy joining the China-led “One Belt One Road” initiative.
Source: Stand News #Jun29
https://bit.ly/3k5BGgW
#Italy #UnitedStates #B3W #OneBeltOneRoad #G7 #China #Economy
Switching from China's “One Belt One Road” to the United States' "B3W", Italian Foreign Minister: US is more important than China
United States stated in mid-June that it had established a global infrastructure plan called Build Back Better World (B3W), which compete with “One Belt One Road” from China. Italy, one of members from “One Belt One Road”, after joining B3W this year the Foreign Minister Luigi Di Maio publicly indicated yesterday, although Italy and China have the trading and historical relationship, however this is absolutely not comparable.
Italy joined the “One Belt One Road” in 2019, is the first G& countries participate the project. According to Politico, Italy joined the project during the reign of former Prime Minister Silvio Berlusconi, the former government hoped to use this to attract Chinese investment to revitalize its economy that has stagnated for decades. According to Reuters, the United States has previously expressed concern about Italy joining the China-led “One Belt One Road” initiative.
Source: Stand News #Jun29
https://bit.ly/3k5BGgW
#Italy #UnitedStates #B3W #OneBeltOneRoad #G7 #China #Economy
立場新聞 Stand News
從前加入「一帶一路」 今加入美國 B3W 意大利外長﹕美國比中國重要 | 立場報道 | 立場新聞
美國曾於 6 月中表明設立名為 Build Back Better World (簡稱 B3W) 的全球基建計...
“One Belt One Road” from China has become a dead end, the photo of the construction made into ruins exposed, hundreds of billions of debts to other countries
China aims to expand its influence in the world, has announced a project of “One Belt One Road” recently. However, there are more and more argument, including many countries broke into a “debt trap”. Including Montenegro, Sri Lanka, Kazakhstan, Kenya, and other countries, although they once received preferential treatment from China’s “One Belt One Road”, China did half of the construction, but left the construction sites in ruins, and the roads really became “dead roads”.
The Sun from England stated from the report, in countries with weaker economic power such as Asia, Europe, and Africa, China advocates the “One Belt One Road” initiative and makes these countries willing to believe in China, but in the end, it will fall into a debt trap. These countries allow China to carry out construction projects in China, but many projects are only halfway through, resulting in construction sites turned into rubble, and they must make these countries debt with about NT$100 billion.
Source: Stand News #Jul16
https://bit.ly/37Pgd4C
#China #OneBeltOneRoad #HeavyDebt #TheSun #Construction #Infrastructure
China aims to expand its influence in the world, has announced a project of “One Belt One Road” recently. However, there are more and more argument, including many countries broke into a “debt trap”. Including Montenegro, Sri Lanka, Kazakhstan, Kenya, and other countries, although they once received preferential treatment from China’s “One Belt One Road”, China did half of the construction, but left the construction sites in ruins, and the roads really became “dead roads”.
The Sun from England stated from the report, in countries with weaker economic power such as Asia, Europe, and Africa, China advocates the “One Belt One Road” initiative and makes these countries willing to believe in China, but in the end, it will fall into a debt trap. These countries allow China to carry out construction projects in China, but many projects are only halfway through, resulting in construction sites turned into rubble, and they must make these countries debt with about NT$100 billion.
Source: Stand News #Jul16
https://bit.ly/37Pgd4C
#China #OneBeltOneRoad #HeavyDebt #TheSun #Construction #Infrastructure
蘋果新聞網
中國「一帶一路」變死路！建設做成廢墟照片曝光 害別國背債上千億 ｜ 蘋果新聞網 ｜ 蘋果日報
中國為了擴展世界影響力，近年推出「一帶一路」計畫，但爭議也越來越多，包括有不少國家爆出陷入「債務陷阱」。包括蒙特內哥羅、斯里蘭卡、哈薩克、肯亞等國，雖一度受到中國一帶一路的優惠，但中國把建設做到一半，卻讓工地荒廢成廢墟，公路真的變成了「死路」。 英國《太陽報》今日報導指出，中...