Tag: economy

Proletariat Love & Understanding!

DPRK: Criteria of Thinking and Practice of Officials! (27.11.2024)

Saying that all consumer goods are directly related to the people’s living, he added that to fully supply quality consumer goods is not merely an economic and technical affair but an important matter of valuing and defending our own things and demonstrating the advantages of our social system.

He stressed the need for industrial establishments to put production on a normal footing and steadily improve the quality of products so that the people can benefit from them, not content with the production and display of samples.

His instructions clearly indicate the criteria of thinking and practice of officials who are directly responsible for improving the people’s standard of living.

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Science Malta Agency Chief Executive Officer Silvio Scerri speaks during an interview

Progressive Malta: Island Nation Seeks to Boost Science, Technology Cooperation with China! (20.11.2024)

During Scerri’s recent visit to China, the Beijing Association for Science and Technology (BAST) and SM signed a Memorandum of Understanding (MoU) to strengthen science communication and youth science education with a focus on participation in the “Beijing International Week for Science Literacy,” as well as collaborations in scientific publishing and digital science communication.

SM is also exploring collaborations with the Chinese Academy of Sciences for researcher exchanges and with the National Natural Science Foundation of China for broader collaborations, according to Scerri.

“We wish to cooperate further and diversify the Sino-Malta R&I portfolio offering at Science Malta,” Scerri noted.

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Capital and Labour Do Not Mix!

China: Lawsuit Filed Against Final EU Anti-Subsidy Ruling – MOC! (31.10.2024)

China has reiterated that the EU’s anti-subsidy investigation is unfair, non-compliant and unreasonable protectionist practice, according to the MOC, which called it a case of “unfair competition” in the name of “fair competition.”

China will continue to take all necessary measures to resolutely protect the legitimate rights and interests of Chinese companies, it was stressed.

While the EU has expressed its intention to continue consultations with China on price commitment, the latter has consistently advocated for the resolve of trade disputes through dialogue and consultations and has made every effort toward this end.

Currently, technical teams from both sides are engaged in a new round of discussions to achieve a mutually acceptable solution and prevent the escalation of trade friction, the MOC said.

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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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Clive Wiiliams - Australian Intelligence

Australian Intelligence Officer: Clive Williams – “Anti-China 5G Hysteria is Illogical!” (8.10.2024)

The Vietnamese withdrew from Cambodia in 1989 leaving a “tourist” attraction for curious Westerners – falsely blaming the US-killing of the locals on the Kampuchean Communists themselves – whilst disrespecting the Kampuchean dead. All this was to stop the spread of Chinese Communism (the British had already destroyed its nucleus in Malaya) and demonise it into being a “new” form of Hitlerism in the world! Yoko Ono, being the fascist she is, even allowed the music of John Lennon to be used in the fake film “The Killing Fields” – which was the US government’s attempt of using Hollywood to brainwash the masses into learning and accepting the “new” narrative. (The Imperial War Museum in London once held an exhibition regarding the Nazi Holocaust which I attended – but made a point of informing the audience that “Socialists commit mass-killings as well” – citing Cambodia). The anti-China narrative runs deep and wide and is not limited to 5G – 5G is an important contemporary element of it.

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China Developing Well!

China: Explaining The West’s “Over-Production” Fear-Peddling! (3.10.2024)

Portraying China’s manufacturing capacity as a global risk, this narrative is a variant of the “China threat” rhetoric, with its toxic seed germinating in the hotbed of the West’s anxiety, or probably fear, due to China’s manufacturing rise.

From a low-cost manufacturing base to the world’s largest manufacturing powerhouse and an up-and-coming leader in advanced industries and innovation, China’s rapid elevation has unsettled some Western countries, who perceive it as an intolerable challenge to their industrial and trade dominance.

Responding to China’s manufacturing prowess with such apprehension smacks of hypocrisy and also ignores basic economics. China’s production capacity was seemingly not a problem at a time when many Western corporations capitalized on the country’s low-cost original equipment manufacturer (OEM) production capabilities.

Neither was it a problem when Western superiority was underlined by China having to sell a billion pairs of socks to buy a Boeing airplane, nor when China’s spare-parts production abilities helped propel worldwide sales of high-value-added products such as Apple iPhones.

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