Sectors of the government in Berlin are calling bluntly for an intervention of the European Union (EU) to protect its members against unfair investment practices from Chinese state-owned and private companies. While both EU institutions and member states are sending mixed signals over this German proposal, hawkish supporters of Brexit – Britain’s exit from the EU – are pushing for their leaders to seize on the “China-bashing” that is taking place across the Channel.
Berlin fears that the rise in China’s takeovers of German national assets, notably in the dual-use (i.e. civil and military) hi-tech industry, is driven in large part by the Chinese undisguised desire to buy up Western know-how and intellectual properties, something that will negatively affect the country’s security. Continue reading
MANILA – China’s Foreign Ministry rejected Tuesday the ruling of an international arbitration court that nixed Beijing’s claims to economic rights across large swathes of the South China Sea.
In response, the Ministry of Foreign Affairs of the People’s Republic of China said the award of the Permanent Court of Arbitration “is null and void and has no binding force. China neither accepts nor recognizes it.” Continue reading
BEIJING, November 3. /TASS/. China will respond toughly to deliberate provocations by any country in the South China Sea, the Chinese Foreign Ministry’s spokesperson Hua Chunying said on Tuesday. She thus commented on the statement of the Pentagon spokesman that the U.S. Navy would be patrolling the area in the South China Sea near the disputed islands in spite of protests from Beijing. Continue reading
“I’m an amateur student of history and I’m reminded of … how Germany was testing the waters and what the response was by various other European powers… But unfortunately, up to the annexation of the Sudetenland, Czechoslovakia, the annexation of the entire country of Czechoslovakia, nobody said stop. If somebody said stop to Hitler at that point in time, or to Germany at that time, would we have avoided World War II.”
Union Names Chinese Premier ‘Best Friend of American Worker’
At the Chinese Foreign Ministry’s regular press conference last week, spokesperson Liu Weimin’s revealed that Chinese Premier Wen Jiabao was awarded ”the Best Friend of American Worker” by the US International Longshoremen’s Association. The Chinese ambassador to the United States reportedly received the award on his behalf. Liu explained:
It is learned that this year marks the 10th anniversary of the cooperation between China Cosco Group and the US port of Boston. The past decade has witnessed sound cooperation between the two sides, which sustains and creates a large amount of job opportunities for Boston. It reflects the mutually beneficial nature of China-US economic cooperation and trade. The award presented by the US International Longshoremen’s Association to Premier Wen Jiabao is to thank the Chinese Government for its efforts to encourage Chinese enterprises’ investment in the US and to promote bilateral economic cooperation and trade. This gratitude is sincere and heartfelt. Premier Wen Jiabao visited the Port of Boston during his visit to the US in 2003.
Full article: With Friends Like These… (Washington Free Beacon)
As relations with the US and middle eastern countries under the Obama administration continue to deteriorate, expect another to fill in the void.
Ever since the end of World War Two, the U.S. has come to regard Saudi Arabia as almost its exclusive oil producing enclave.
In February 1945, after the Yalta Conference with Soviet General Secretary Iosif Stalin and British Prime Minister Winston Churchill, on his way home U.S. President Franklin Delano Roosevelt and King Ibn Saud met aboard the New Orleans-class heavy cruiser U.S.S. Quincy in the Suez Canal’s Great Bitter Lake. During the meeting, instigated by Roosevelt, he and Ibn Saud concluded a secret agreement in which the U.S. would provide Saudi Arabia military security, including military assistance, training and a military base at Dhahran in Saudi Arabia, in exchange for secure access to supplies of oil.
Sixty-seven years later, my, how things have changed, as China is now muscling into the Kingdom of the Two Holy Places.
Continue reading article: China Economic Clout and Nuclear Expertise Invades Saudi Arabia (Oil Price)