Tag: trade

PRC - South Africa Trial

Senior CPC Official Pledges to Strengthen China-South Africa Ties! (9.11.2024)

He said that the overwhelming victory and comprehensive consolidation of China’s anti-corruption campaign lie fundamentally in the centralized and unified leadership of the CPC Central Committee with Xi Jinping at its core and the adherence to the people-centered development philosophy.

This victory, he explained, was also achieved through China’s sustained high-pressure approach to fighting corruption, reinforced discipline and conduct, and coordinated measures that tackle corruption at all levels.

China is ready to enhance anti-corruption exchanges and cooperation with South Africa to jointly promote integrity building in Belt and Road cooperation, Li added.

The South African side commended China’s progress in anti-corruption efforts and expressed a keen interest in learning from China’s experience and deepening cooperation in this field.

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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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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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Stop Zionist Murder of Children!

UK: Save the Children – “Halt Arms Sales to Israel”! (23.8.2024)

The British-based organization wrote on X, “We are deeply distressed to see that six children, including four ten-year-old twins, and their mother, are the latest victims of Israeli airstrikes in Gaza.”

Save the Children emphasized their stance against the ongoing violence faced by Palestinian children, declaring, “We simply cannot accept the violence that Palestinian children continue to endure as a norm.”

The organization urged the UK government to take immediate action by halting arms sales to Israel, highlighting the clear risk that such arms might be used to commit severe violations of humanitarian law.

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Socialite Resistance to Zionist Genocide!

Yemen: Missile-Attacks Launched Against Zionist Shipping & Cities! (26.4.2024)

The Houthis have been targeting Israeli-linked ships or ships heading to Israeli ports in the Red Sea since November last year in solidarity with Palestinians engaged in conflict with Israel.

Several ships have since been reportedly damaged, including the sinking of the British-operated cargo ship Rubymar in the Red Sea.

The Houthi attacks have forced several shipping companies to re-route around Africa, resulting in extended transit times and elevated costs.

A coalition of U.S. and British naval forces in the Red Sea has been launching airstrikes on Houthi military targets since January, which were responded to by the Houthis with more intensified attacks that targeted the coalition’s warships.

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