Clyde Prestowitz
@clydeprestowitz
Leading author, analyst and commentator. I write about #foreignaffairs, #trade, #china, #economics and #globalization.
ID:137791586
http://clydevprestowitz.com 27-04-2010 19:42:49
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One hears much about countries and corporations not wanting to be #forcedToChoose between #China and the #US . Former #HongKong leaders #DennisKwok and #JohnnyPaterson are so right to explain that “one can operate either within China’s orbit or outside it.” Straddling not possible
Many say #Beijing and #Washington must fight climate change together. #WillNotHappen . #US must do its utmost and hope #China does the same.
Beijing's #wolfWarriors are now reaping what they sowed in #Australia . By cutting their Aussie imports they they thought #Canberra would come to heel. Bad bet. Now Aussie #nuclearSubs will be patrolling the South China Sea.
Why does the #FinancialTimes , a champion of #freespeech , carry inserts of the #ChinaDaily , a champion of tyranny, folded into its pages? It never carried #Pravda or Hitler's #DerSturmer , why #ChineseCommunistParty propaganda?
Joe Sternberg has aptly coined a new phrase regarding #XiJinping . He wants #capital but not #capital ism says Joe. The big question is whether capitalists like #LarryFink want to keep donating the capital of their clients.
You have to love #GeorgeSoros calling out #LarryFink and the whole #WallStreetGang on getting #China wrong. Investing in China now is not only going to lose the money of Fink's clients, but it undermines #US national interests. So there is at least one #honest guy on Wall Street.
#USChinaBusinessCounci , #BusinessRoundtable , #USChamberOfCommerce are asking Biden to remove tariffs on imports from #China claiming tariffs make imports too expensive. #SoDishonest . #China devalued its #RMB after the tariffs were imposed. #RealCost of imports is #not high.
#Beijing is telling #JohnKerry that #America needs to speak more gently to #China if it wants cooperation on #globalWarming . Never mind that the #USEmbassy air quality meter in Beijing shows China's air to be worse than America's. The #CCP boys would rather choke than talk nice.