US-Sino trade war turns ugly

Discussion in 'Asia' started by reedak, Sep 26, 2018.

  1. reedak

    reedak Well-Known Member

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    1. Trump has been bragging that trade wars are easy to win. In fact, he claimed at the current UN Assembly, “We are winning at every level.” However, there are signs that the outcome is just the opposite. In addition to impose heavier tariffs on a growing list of Chinese goods, Trump is resorting to every means to achieve his aim.

    (a) The billionaire CEO of Chinese e-commerce giant JD.com, Mr Richard Liu, was arrested in the US state of Minnesota on suspicion of criminal sexual conduct and later released. Whether the accusation is true or not, we can't help wondering the coincidence in the timing of charging a founder of a Chinese tech heavyweight during the trade war.

    Moreover, such charges are rampant in a country where the head of state is miraculously getting "immune". How laughable! In the hostile atmosphere of the escalating trade war, Chinese government officials, diplomats and businessmen have to safeguard their moral integrity by bringing their wives along whenever they visit the US.

    (b) Recently Trump keeps harping on his unsubstantiated claim that China is meddling in the upcoming US election. Perhaps he has woken up to the reality that his tariffs are getting unpopular with Americans but it is too late for him to make a quick U-turn. Everything is getting out of control for him. He has discovered that he is going to lose the trade war !

    US lawmakers have to take his accusation seriously. Hence they should start checking his emails and interrogating him and his team just like what they are doing in the investigation of Russian election meddling.

    (c) The US has imposed sanctions on the Chinese military over its purchasing of Russian military jets and surface-to-air missiles. China's Equipment Development Department (EDD) and its head, Li Shangfu, are sanctioned for completing "significant transactions" with Russia's state arms exporter, Rosoboronexport.

    The EDD and Mr Li have been added to a Blocked Persons List, meaning any assets they hold in the US are frozen and Americans are "generally prohibited" from doing business with them. Furthermore, the EDD is denied export licences and excluded from the American financial system.

    Beijing has not joined in the sanctions imposed on Moscow by the US and its Western allies since 2014. Hence it laughable for the US to punish a country that has the right to trade freely with Russia.

    More laughable is that the US has been banning arms and high-tech exports to China all these years. It actually can solve its alleged trade deficits with China overnight just by lifting its ban on exports of arms and high-tech goods to that country. However, it stubbornly and foolishly refused to do so. How pathetic !

    (d) The Trump administration says it has approved the sale of military aircraft parts worth 330 million dollars to Taiwan. The State Department notified Congress of its decision to sell spare parts for F-16 fighter planes, C-130 transport planes and other aircraft deployed in Taiwan.

    As retaliation, China should impose sanctions on the US military over its arms sale to Taiwan and brazen meddling in China's domestic affairs. If Taiwan dares to accept the US arms offer, China should ban its participation in the next APEC meeting.

    (e) Panama’s President Juan Carlos Varela asked the US to respect his country’s sovereignty after the US recalled its envoys from El Salvador and the Dominican Republic, as well as its charge d’affaires from Panama, to protest the diplomatic switch from Taiwan to Beijing.

    This is brazen meddling in China's domestic affairs and disregard for the sovereignty of the three Latin American states.

    (f) A Chinese man, Ji Chaoqun, 27, has been arrested for allegedly spying on US engineers and scientists on behalf of Beijing. He arrived from Beijing in August 2013 on a student visa and studied at the Illinois Institute of Technology in Chicago. He later earned a Master's Degree in electrical engineering in 2015.

    Perhaps it is high time for China to ban all its nationals from touring the US and its students from studying in low-quality, profit-orientated colleges or universities. In addition, it must warn its businessmen that they are travelling to the US on their own risks without bringing their wives along.

    As the Trump administration’s suspicion and hostility towards Chinese nationals in the US grows in tandem with the trade war, there is a danger that Chinese-Americans may suffer the same fate as Japanese-Americans and German-Americans (who were forced to evacuate their homes to barbed-wire-encircled camps) as well as Italian-Americans (whose movements were forcibly restricted nationwide) during World War II.

    P.S. It won't be surprising this list of Trump's desperation actions to win the trade war will get longer and longer day by day.

    https://www.scmp.com/news/asia/dipl...sident-verela-asks-us-respect-decision-switch

    https://www.blacklistednews.com/art...halt-taiwan-arms-sales-after-300-million.html

    https://www.bbc.com/news/world-us-canada-45647560

    https://www.cnbc.com/2018/09/05/jdc...on-allegation-of-rape-police-report-says.html

    https://edition.cnn.com/2018/09/20/politics/russia-china-sanctions-caatsa-state-dept/index.html

    https://www.reuters.com/article/us-...meddling-beijing-rejects-charge-idUSKCN1M623Y
     
    Last edited: Sep 26, 2018
    Margot2 likes this.
  2. reedak

    reedak Well-Known Member

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    Thanks to Margot2 for liking my thread. I look forward to seeing more posts from you.
     

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