Tag: decoupling

Labour & Capital Does Mix!

China: Latest US Restrictive Investment Measures Opposed! (31.10.2024)

The restrictions cover areas such as semiconductors, artificial intelligence and quantum computing, with the vast majority of related industries not impacting national security concerns, however will still be subjected to the U.S. bans, the spokesperson said.

Many U.S. business associations and companies have warned that the investment restrictions will cause U.S. firms to cede the Chinese market to other international competitors, seriously harming U.S. interests, the spokesperson said.

China hopes the U.S. will respect the laws of the market economy, and stop politicizing and weaponizing economic and trade issues, in order to create a favourable environment for China-U.S. economic and trade cooperation, the spokesperson added.

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Xinhua Commentary: On China, Washington “Can’t Have it Both Ways”! (27.4.2023)

In the immediate days following the collapse of the Soviet Union, Russia and the United States enjoyed a honeymoon period. The Charter for American-Russian Partnership and Friendship signed by the two sides in 1992 said “the well-being, prosperity, and security of a democratic Russian Federation and the United States of America are vitally interrelated.” However, things changed when Washington failed to provide Kremlin with the promised economic aid and NATO expanded despite Washington’s promise that the bloc would move “not one inch eastward.” This was unacceptable to Russia, and the ensuing deterioration of Moscow-Washington ties was only natural.

Deep down, America had never intended to treat Russia with respect even though Western-style democratic elections took place in the country. Ideology is just an instrument to intervene.

For Beijing, Washington’s condescending diplomacy is unacceptable. If Washington truly wants a workable relationship with China, it should treat China as an equal partner and show due respect.

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China: US-Europe Co-Operation Should Not Target 3rd Parties: FM Spokesperson! (6.12.2022)

The U.S. has introduced the CHIPS and Science Act, engaged its allies in economic bullying against China and sought to decouple from China and cut China off supply chains. The U.S.’s Inflation Reduction Act forces European companies to relocate their production lines to America. All of those are defining examples of economic coercion, she said.

“U.S.-EU cooperation should not target any third party, still less seek to make an issue of China or stoke confrontation,” said Mao.

As major forces in the world, the U.S. and the EU need to demonstrate responsibility and do more things that are conducive to world stability and prosperity, she added.

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Decoupling Viewed as Risky Bet for US! (8.9.2022)

The ordinary people of capitalist India – led as they are by the fascist (and inherently anti-China) sabre-rattling BJP – are no better off after 75 years of so-called ‘Independence’ from direct British rule! Indeed, the bourgeois class of India is still controlled by the bourgeois class of a ‘White’ Europe and remains subordinate to it! Vast areas of the Indian population languish in abject poverty, illiteracy and religious ignorance! By comparison, the ‘Socialist’ market forces of the CPC STOP the destructive nature of US free market economics at China’s geographical borders and do not allow such socially destructive and corrosive forces to enter China’s hinterland! China is recouping – through its ‘Socialist’ cleverness – the wealth stolen from China over the last four-hundreds years by the ‘one-sided’ behaviour and ‘unequal’ treaties imposed by the colonialist and imperialist forces of Europe, and ‘Communist’ China is doing this by beating the West at its own game!

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