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Thursday, June 6, 2019

Huawei developed own operating system Hongmeng OS; 5G商用 中国准备好了! China roll-out affordable 5G

https://youtu.be/uHlrc7kWh-w

https://youtu.be/cxOw7_yw1cg
Huawei OS ‘Hongmeng’ could be known as ‘ARK OS’ globally

https://youtu.be/A2r9x3NLlHA

US vs Huawei: This is How the US Economy Crashes

 
https://youtu.be/OSIBbUixJ6Q

FED SIGNALS ECONOMIC COLLAPSE!! DOLLAR COLLAPSE IMMINENT...


https://youtu.be/86WOlta5jsA

 

Huawei CEO Ren Zhengfei remains positive, despite U.S. sanctions

 
https://youtu.be/QWmSLwdgXOc

这是特朗普面对中国犯的最大错误


https://youtu.be/Pno-AQ5ir6I

5G商用 中国准备好了! 20190605 | CCTV中文国际


https://youtu.be/0fGVP8v-NWI

Chinese consumers expected to use affordable 5G phones next year


After 5G commercial licenses have been officially issued, how long will Chinese people have to wait before they can use 5G smartphones?

The official issuance of the licenses shows that China -- the world's largest mobile phone market -- has entered the 5G era. Industry analysts predict that Chinese consumers will be able to use 5G smartphones at prices ranging from 2,000 yuan ($290) to 3,000 yuan next year.

"Some 5G smartphone products will be released this year, but will be quite expensive, over 10,000 yuan," Xiang Ligang, director-general of the Bei-jing-based Information Consumption Alliance, told the Global Times on Thursday. Consumers can buy 5G phones at affordable prices in a year, he noted.

Major regions such as Beijing, Shanghai and South China's Guangdong will be the first places covered by 5G networks. Based on previous in-formation unveiled by the three carriers, smartphone users will have access to 5G high-speed internet and voice services without having to change SIM cards.

China's telecoms industry regulator officially re-leased the first four 5G business licenses to Chi-na Mobile, China Union, China Telecom and Chi-na Broadcast Network on Thursday, helping the country get into the fast lane in commercializing the next generation of wireless technologies.

China released licenses a year earlier than scheduled to boost the economy while strengthening the overall telecoms sector in light of the US-led crackdown on Chinese telecoms vendors, Xiang noted.

"It will also help boost the sluggish smartphone market," he said.

Chinese smartphone makers such as OPPO and vivo have shown confidence by releasing the first batch of 5G phones as soon as possible, and will adjust shipments in line with demand, media re-ported on Thursday.

- Global Times





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Huawei could end up challenging Google



Huawei developed own operating system Hongmeng OS; 5G商用 中国准备好了! China roll-out affordable 5G


The battle over 5G network suppliers is part of a broader push by the Trump  administration to check China's rise as a global technology powerhouse.PHOTO: REUTERS 

https://youtu.be/O7cDVAEHqK4

5G商用 中国准备好了! 20190605 | CCTV中文国际
https://youtu.be/0fGVP8v-NWI

News Wrap: Huawei to develop 5G networks in Russia

https://youtu.be/Lzu4MBIzhyA

SHANGHAI/HONG KONG (REUTERS, BLOOMBERG) – China granted 5G licences to the country’s three major telecom operators and China Broadcasting Network Corp on Thursday (June 6), giving the go-ahead for full commercial deployment of the next-generation cellular network technology.

The approvals will trigger investment in the telecommunications sector which will benefit top vendors such as Huawei Technologies, just as the Chinese network equipment provider struggles to overcome a US blacklisting that has hurt its global business.

China approved four operating licences for 5G networks, setting the stage for the super-fast telecommunications system amid simmering tensions with the US over technology and trade.

The country’s three state-owned wireless carriers and China Broadcasting Network Corp were granted licences for full commercial deployment, according to state broadcaster CCTV.

The operators, China Mobile Ltd, China Telecom Corp and China Unicom Hong Kong Ltd, have been testing the technology in several cities including Beijing and Shenzhen.

Full deployment of 5G networks in a country with almost 1.6 billion wireless phone subscriptions is expected to boost local companies designing gear for applications in autonomous driving, robotics, remote surveillance and virtual reality. The faster-than-expected approvals also come as Shenzhen-based Huawei Technologies Co, the world’s largest manufacturer of networking equipment, has vowed to maintain its lead in the face of a US campaign pressuring allies not to use the company’s products.

Shares of some 5G-related companies fell in Hong Kong and Shanghai trading after the licence announcement, trimming gains made earlier in the week on expectations the companies would benefit from the push for the new networks.

China Tower Corp, the three major carriers’ infrastructure provider, fell 3% as of 10.50am in Hong Kong, paring its advance in the past four days to 9.1%. ZTE Corp, which makes handsets and telecom gear, dropped 4.3%, trimming its four-day rally to 7.1%.

Betting on the fate of the nation’s next generation of telecom networks has been one of the year’s hottest trades in China and Hong Kong. An index of telecom-related shares is up 20% this year, led by a 54% rally in ZTE’s Shenzhen-traded stock.

Beijing-based Xiaomi Corp in March said it would introduce China’s first 5G phone in May or June. Huawei and ZTE, have also said they intend to offer handsets compatible with the technology this year.

Introducing 5G will directly add 6.3 trillion yuan (US$912bil) to economic output and 8 million jobs by 2030, the China Academy of Information and Communications Technology estimates. — Bloomberg

Read more: 

If they must pick sides, tech firms will choose China

US President Donald Trump's latest confrontation with China's telecoms giant Huawei may plunge the world into a long-term technology “cold war,” forcing global companies to pick sides between the US and China.

US may escalate trade war in six ways

All parties suffer during the trade war, a game of “killing 1,000 enemies while losing 800 of our own.” Many institutions have forecast the impact of increased tariffs on China's economic growth to be around 1 percentage point. While there is no need to panic, we should also prepare for worst-case scenarios.
 Trump’s Huawei Threat Is Nuclear Option to Halt China’s Rise





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Wednesday, June 5, 2019

US global naked economic terrorism

https://youtu.be/VaREP75PlSA

https://youtu.be/YWdNP2u7voo

Global financial markets are facing a stark wake-up call that they need to unite to stand against acts of what can only be described as economic terrorism by a country which unilaterally imposes its will on others and pursues its own goals at the cost of the interests of others.

More than a year after US President Donald Trump fired the first tariff salvo at China, he is extending the battlefield around the world. On Friday, his administration announced that it will end special trade treatment for India, removing a status that exempts billions of dollars of the South Asian country's products from US tariffs. Trump is seriously mulling slapping tariffs on Mexican imports as he believes the country has taken advantage of the US for decades.

Even close allies cannot trust they will be exempt from Trump's tariff addiction. It was reported that the administration considered imposing tariffs on imports from Australia, but eventually decided against the move amid opposition from his aides, "at least temporarily."

Obviously, Trump, a businessman-turned president, is aiming his trigger finger regardless of the targets, be they US competitors or allies. Trump grumbles about his country subsidizing the world and weakening US industry and pledges to make America great again. But he doesn't realize that a great superpower is supposed to provide public goods rather than resorting to coercion for selfish gains. His tactics are nothing short of economic terrorism.

The International Air Transport Association has estimated that the US-China trade war and high fuel prices will wipe $7.5 billion off expected airline profits in 2019. This is just the figure from the airline industry, which is enough to show the disastrous impact the US-initiated economic terrorism has on the globe. Trump may disrupt the global supply chain with the US' economic clout, but how can a disrupted global supply chain serve the US' strategic objectives of being a great country?

What is worse, before the US becomes great again as the president wishes, he is actually employing the strategy of blocking other countries to take the lead, as we see in his actions in quashing Huawei's 5G advancement.

Later this month, leaders from the world's top economies will meet at the G20 summit in Osaka, Japan to discuss key economic issues that plague the world. The conventional views of globalization and its benefits are still shared by most countries, and many countries and regions are continuing to open their economies. They should unite to face the chaos created by the Trump administration and find a way forward, so the process of globalization will not be held hostage by the US' economic terrorism. - By Zhang Yi


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Read more:

China says US trade provocations are 'naked economic terrorism


Provoking trade rows is 'naked economic terrorism', says China ...

China aligns with world order by improving it

As a civilization that is thousands of years old, China has always been integrating into the current international system and taking responsibility to defend the international order after the world wars and the international rule of law coming into force. At the same time, China is dedicated to promoting democratization and legalization of international relations.

 



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A screen shot of Liu Xin of China Global Television Network appearing on Trish Regan's show on Fox Business Network on Thursday Beij.



https://youtu.be/DjMI0mLUuYI https://youtu.be/uEAc3PYe1W0 https://youtu.be/UABkYYyPMzc https://youtu.be/NrfoG840wVk China ..


Tuesday, June 4, 2019

CHINA AND INTERNATIONAL SECURITY COOPERATION by Gen. Wei Fenghe, State Councilor and Minister of National Defense, PRC

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https://youtu.be/B4t8iH30qe8

https://youtu.be/jYbFqZe6yo8

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https://youtu.be/bUT_eIbwxqo

It gives me great pleasure to attend the 18th Shangri-la Dialogue. I would like to thank Dr. John Chipman for inviting me here and thank the Singapore government, the Ministry of Defense in particular, for the warm hospitality. I would also like to congratulate His Excellency Prime Minister Lee Hsien Loong on his excellent keynote address the other day. This is my first attendance at the Shangri-la Dialogue as China's defense minister. I am here for mutual confidence, cooperation and peace. I am glad to speak on China and International Security Cooperation.

I. Humanity is at a crossroad. Building a community with a shared future for mankind is the right path forward and the trend of the times.


The world today is undergoing profound changes unseen in a century. Destabilizing, uncertain factors and challenges continue to rise. President Xi Jinping's great vision of building a community with a shared future for mankind is the answer to harmonious coexistence of people across the world, the effective solution to global problems and the right path towards world peace and human progress. We take note that the US expounded on its perspective on regional affairs yesterday. We believe that any such perspective should take into account the common security and interests of regional countries. No approaches to regional issues should resort to military blocs, nor should they undermine the interests of others. We hold different views with the US side on several issues, and firmly oppose its wrong words and actions concerning Taiwan and the South China Sea. Now let's think about the following questions:

First, which should we choose, peace and development or conflict and confrontation? Peace and development remain the call of our times and the trend of history. However, global and regional hotspots flare up one after another and the risk of conflict and war persists. What is the cause for regional wars and conflicts, the spread of terrorism, the chaos in the Middle East and the refugee crisis in Europe? Who are behind all these and what is the root cause? These are the questions to be reflected on. Some deliberately create division and hostility, provoke confrontation, meddle with regional affairs, interfere in internal affairs of others, and frequently resort to arms. Whose interests on earth do they serve and whose do they harm?

Second, which should we choose, openness and inclusiveness or isolation and exclusiveness? See the world with an open and inclusive mind, and there will be friends and partners everywhere. See the world with a narrow and exclusive mind, and there are only enemies and adversaries. This is a self-fulfilling prophecy. However, lately we see a growing backlash against globalization and a surge of protectionism. A certain country champions unilateralism, puts its own interests before others, withdraws from international treaties and organizations. Aren't there many countries suffering from the willful infringement and sanctions?

Third, which should we choose, win-win cooperation or zero-sum game? Win-win cooperation makes the pie bigger and brings more benefits to all. However, zero-sum game makes no winner and harms the interests of both sides. Currently, over 150 countries and international organizations have proactively joined China's Belt and Road Initiative (BRI). Not long ago, over 6,000 delegates from 150 countries and 92 international organizations gathered in Beijing for the second  Belt and Road Forum for International Cooperation. People can tell what is right.

Fourth, which should we choose, mutual learning among civilizations or arrogance and prejudice? A few days ago, China successfully hosted the Conference on Dialogue of Asian Civilizations. We believe that human civilizations are and should be colorful, equal, inclusive and willing to learn from each other. Not a single civilization should be worshiped or belittled. There are scars and tragedies in the history of human civilization which do not go away, to name only a few, the enslavement of Africans, the expulsion of native American Indians, the colonization in Asia, Africa and Latin America, and the killing of Jewish people. Unfortunately, some people recently pick up the decadent idea of "clash of civilizations". As racist and narrow-minded as it is, this is not right. How can we tolerate such a regress of history?

II. Facing complex and volatile international security situation, the Chinese government and armed forces stay committed to regional and world prosperity and stability.


Those who are familiar with China's modern history must know that the country was once poor and weak and went through enormous misery. The Chinese people know only too well the value of peace and the cruelty and destructiveness of war. Over the years, some have been recklessly hyping up, exaggerating and dramatizing the "China threat theory", partly due to the lack of understanding of China's history, culture and policies, but more likely due to misunderstanding, prejudice, or even a hidden agenda.

China sticks to the path of peaceful development. Such a commitment is underpinned by China's socialist system, the independent foreign policy of peace, and the cultural tradition that values peace and harmony. China shall follow the path of peaceful development, which is a solemn commitment to the people of China and the world. This has been written into the Constitution of the Communist Party of China and the Constitution of the People's Republic of China, thus reaffirmed as the will of the CPC and the state. If this is not even convincing enough for some people, then we don't know what they would believe? Over the past 70 years since the founding of the P.R.C., China has never provoked a war or conflict, nor has it ever invaded another country or taken an inch of land from others. In the future, no matter how strong it becomes, China shall never threaten anyone, seek hegemony or establish spheres of influence. History has proven and will continue to prove that China will not follow the beaten path of big powers seeking hegemony when it grows strong. Hegemony does not conform to China's values and national interests.

China adopts a military strategy of active defense. China's military strategy adheres to the principles of defense, self-defense and post-strike response. It stresses that "we will not attack unless we are attacked, but we will surely counterattack if attacked". China develops its military entirely for self-defense. The purpose is to defend the country and provide the people with a peaceful working environment, and ensure that our people are free from the disasters of war and enjoy a better life. We have never bullied or preyed on others, and we shall not let others bully or prey on us either. China develops its military to cope with security threats. Similar scenario can be found in the past when China had to develop nuclear capabilities of its own under nuclear threat. China's defense expenditure is reasonable and appropriate. China enhances national defense in order to meet the legitimate needs to defend its own security as well as contribute to the world force for peace.

The Chinese military is dedicated to safeguarding national sovereignty, security and development interests. The PLA is the people's force under the leadership of the CPC. The PLA has fought many battles and is not afraid of sacrifice. In face of aggression, coercion or hardships, it has stridden forward from victory to victory. The more severe the pressure and difficulties are, the stronger and braver the Chinese people become. Adversity only brings our nation greater solidarity and strength. As the lyrics of the Chinese national anthem go, "Arise, all those who do not want be enslaved. Let's build the new Great Wall with our flesh and blood." Faced with daunting and complex security challenges, the PLA vows not to yield a single inch of the country's sacred land, but it shall not seize anything from others either. The PLA has no intention to cause anybody trouble, but it is not afraid to face up to troubles. Should anyone risk crossing the bottom line, the PLA will resolutely take action and defeat all enemies.

The Chinese military stays committed to safeguarding regional and world security and stability. China is an active supporter of UN Peacekeeping Operations. It is the largest troop contributor among the permanent members of the UN Security Council and a major contributor of funds. We have established a peacekeeping standby force of 8,000 troops that is ready to be deployed. For years, China has been active in promoting bilateral and multilateral security cooperation. The China-Russia Comprehensive Strategic Partnership of Coordination has been running at a high level. The state-to-state and military-to-military relations between China and the US remain generally stable, despite twists and difficulties. We have strengthened the sense of shared destiny with ASEAN countries, deepened traditional friendship with India, Pakistan and other South Asian countries, maintained peaceful coexistence and good-neighborliness with surrounding countries, and built good relationship with the countries and militaries of Africa and Latin America. In October this year, China will host the 9th Beijing Xiangshan Forum. We welcome defense and military leaders and scholars from all over the world to attend the Forum.

III. While striving for common prosperity in the Asia-Pacific, we must respect the core interests and accommodate the security concerns of all.


China advocates that all countries, big or small, strong or weak, rich or poor, are equal members of the international community. We should respect and accommodate the legitimate security concerns of one another. China understands and respects the sovereignty, independence and territorial integrity of all countries, and supports the social systems and development paths they independently choose. China is not able to progress in isolation from the rest of the world; the world also needs China to prosper. We in China do not covet the interests, nor envy the development, of others. However, we shall never give up our legitimate rights and interests. No country should ever expect China to allow its sovereignty, security and development interests to be infringed upon. As for the recent trade friction started by the US, if the US wants to talk, we will keep the door open. If they want a fight, we will fight till the end. As what the general public of China says these days, "A talk? Welcome. A fight? Ready. Bully us? No way." I would like to further illustrate China's position on a few issues you may be interested in.

First, on Taiwan. The Taiwan question bears on China's sovereignty and territorial integrity. Not a single country in the world would tolerate secession. I visited the US last year. American friends told me that Abraham Lincoln was the greatest American president because he led the country to victory in the Civil War and prevented the secession of the US. The US is indivisible, so is China. China must be and will be reunified. We find no excuse not to do so. If anyone dares to split Taiwan from China, the Chinese military has no choice but to fight at all costs for national unity. Hereby, I have a message for the DPP authorities and the external forces. First, no attempts to split China shall succeed. Second, foreign intervention in the Taiwan question is doomed to failure. We took note that the US side mentioned the Taiwan Relations Acts in yesterday's speech. Is it of Taiwan or the US? Is it a Chinese law or an international law? We can find no justifiable reasons for the US to interfere in the Taiwan question by its domestic law. Third, any underestimation of the PLA's resolve and will is extremely dangerous. We will strive for the prospects of peaceful reunification with utmost sincerity and greatest efforts, but we make no promise to renounce the use of force. Safeguarding national unity is a sacred duty of the PLA. If the PLA cannot even safeguard the unity of our motherland, what do we need it for?

Second, on the South China Sea. The current situation in the South China Sea is improving towards greater stability. It is attributed to the common efforts of the countries in the region. However, there are always people trying to rake in profits by stirring up troubles in the region. Before the Dialogue, I paid a visit to Vietnam and Singapore and reached broad consensus with Gen. Ngo Xuan Lich and Dr. Ng Eng Hen on maintaining the stability in the South China Sea. I have a few questions concerning the issue to discuss with you.

First, who on earth is threatening security and stability in the South China Sea? Over 100,000 ships sail through the South China Sea each year. None has been threatened. The problem, however, is that in recent years some countries outside the region come to the South China Sea to flex muscles, in the name of freedom of navigation. The large-scale force projection and offensive operations in the region are the most serious destabilizing and uncertain factors in the South China Sea.

Second, who would benefit and who would suffer from the chaos in the South China Sea? In case of chaos in the South China Sea, we, the regional countries, are the ones to take the blunt. What are the purposes for certain countries to send military vessels and aircraft all the way from afar to the region? Aren't there enough examples that some big countries intervene in regional affairs, make troubles, walk away and leave a mess behind?

Third, should the stability in the South China Sea be maintained by countries in the region or outside the region? China and ASEAN countries have made positive progress in negotiating the COC. We hope that relevant parties will not underestimate the wisdom and ability of regional countries to properly handle differences and maintain peace. However, we welcome constructive suggestions from all countries.

Fourth, is China's construction on its South China Sea islands and reefs militarization? It is the legitimate rights of a sovereign state to carry out construction on its own territory. China built limited defense facilities on the islands and reefs for self-defense. Where there are threats, there are defenses. In face of heavily armed warships and military aircraft, how can we stay impervious and not build some defense facilities?

Third, on the DPRK nuclear issue. China is committed to denuclearization, peace and stability of the Peninsula and to a negotiated solution through dialogue and consultation. In recent years, the Chinese side has made active efforts in promoting peace talks and played an irreplaceable and constructive role. We hope that the US and the DPRK will accommodate each other's concerns with cool heads and patience, work towards the same goal and resume the dialogue for peace at an early date. The US and the DPRK should follow the dual-track approach and combine denuclearization with the establishment of a peace mechanism. We hope that the international community will positively respond to the legitimate concerns of the DPRK, trigger the reversible clause of the UN Security Council resolutions in due course, push for a declaration on the end of the war, and actively build trust among all parties.

Fourth, on China-US relations. This year marks the 40th anniversary of the establishment of diplomatic ties between China and the US. Despite all the ups and downs, China-US relationship has been steadily growing in the past 40 years. The most valuable lesson we have learned from the 4-decade-long relationship is that cooperation benefits the two sides while confrontation hurts both. Looking forward, the two countries should follow the consensus by the two heads of state and promote a China-US relationship featuring coordination, cooperation and stability. Through continued communication, the militaries of the two countries have agreed on many important issues. First, in terms of implementing the consensus of the heads of state, the two militaries agreed on building their relationship a stabilizer for the overall relations. Second, we agree on maintaining regular communication on the strategic level. The day before yesterday, I had a candid and practical discussion with Acting Secretary of Defense Patrick Shanahan. We reaffirmed the importance of maintaining communication and to develop a constructive military-to-military relationship. Third, in terms of managing risks and preventing conflicts, the two sides recognize that military conflicts or even a war between them would bring disasters to both countries and the world. It takes two to cooperate, but only one to start a fight. We hope that the US side will work with us towards the same goal, follow the principles of non-conflict, non-confrontation, mutual respect and win-win cooperation, and steer the China-US relations in the right direction.

The achievement China has made in the past 70 years since the country was founded is not a windfall or a handout from others. Neither was it made by engaging in military expansion or colonial exploitation. Instead, the country has developed through its people's hard work, wisdom and bravery as well as the win-win cooperation with the world since reform and opening-up. At present, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, China enjoys political stability, social cohesion and steady economic growth. Blessed with peace, harmony, prosperity and good governance, the country is making progress on all fronts. The Chinese people are committed to realizing the Chinese Dream of great national rejuvenation. The Chinese military is ready to work with the armed forces of other Asia-Pacific countries to jointly respond to challenges, promote the building of an Asia-Pacific community with a shared future and safeguard peace and stability in the region.


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June 4 immunized China against turmoil 

中国防长改口称六四为“政治动乱”

https://youtu.be/5GH1iqlfpLM

June 4 marks the 30th anniversary of the Tiananmen Square incident. The Communist Party of China and the Chinese government have determined the nature of the incident. Chinese society has also made a comprehensive summary of it. Dropping the incident thereafter has been aimed at helping the country leave the shadow behind, avoid disputes, and help all Chinese people face the future.

We consider such practice a political success, although some people have criticized it from the perspective of news governance. Merely afflicting China once, the incident has not become a long-term nightmare for the country. Neither has the incident's anniversary ever been placed in the teeth of the storm. It has become a faded historical event, rather than an actual entanglement.

The Chinese government's control of the incident in 1989 has been a watershed marking the differences between China and former Eastern European socialist countries, including the Soviet Union and Yugoslavia. Since the incident, China has successfully become the world's second largest economy, with rapid improvement of people's living standards. The policy of avoiding arguing has served as a contributor to the country's economic take-off.

Today's China obviously has no political conditions to suddenly reproduce the riot of 30 years ago. Chinese society, including its intellectual elite, is now far more mature than it was in 1989. In those years, China's reform was carried out prior to those of the Soviet Union and Eastern European countries. China was completely inexperienced, with an intellectual circle filled with idealism. Chinese society today has seen enough of the political tragedies that occurred in the Soviet Union, Yugoslavia and some Arab countries.

Having become politically mature, we now understand the significance of the country's continuous development through evolutions instead of revolutions. We are also aware of the difficulties and complexity at the practical level.

As a vaccination for the Chinese society, the Tiananmen incident will greatly increase China's immunity against any major political turmoil in the future.

We have noticed that every year around June 4, certain forces outside the Chinese mainland stir up public opinion and attack China. Such forces consist of two groups of people: student leaders and dissidents who fled abroad after 1989, and Western politicians and media outlets.

The first group's understanding of the incident remains fixed in 1989. They refuse to correct their understanding of China's development and the changes that the world has been through. Their interests have been decoupled from the Chinese people and have merged with anti-China forces outside China. Their attitude toward the incident cannot represent those of today's Chinese public.

Western politicians' discussions of the incident are mainly influenced by their countries' relations with China. Due to the deterioration of China-US ties, US officials have launched fierce attacks against China that have focused on the incident since last year. But Chinese people are clear that those officials are not genuinely concerned about Chinese human rights, but are making use of the incident as a diplomatic tool to challenge China.

However, all these noises will have no real impact on Chinese society. The actions of the external forces are completely in vain.

Read more:

Hollow claims by US on caring about Chinese human rights

The US offers its commiserations for so-called human rights violations in China, yet in actions, it has been trampling on China's human rights for years. It is time for Mr Pompeo and his colleagues to stop the self-contradictory moves.

With stepped-up plan, US takes aim at China

The Indo-Pacific region is seen as a “priority theater” by both the Pentagon and senior officials of the US Indo-Pacific Command. They are quite blunt about the possibility of a potential armed conflict with China, emphasizing that the US is not afraid of the cost of violent conflicts.

Sunday, June 2, 2019

China lays out official stance on trade talks with U.S.in white paper

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https://youtu.be/NrfoG840wVk
China releases white paper on its position on economic and trade consultations with U.S.

On Sunday, China released a comprehensive white paper to formalize its positions on trade negotiations with the U.S. The set of statements come as the trade war escalates and Beijing threatens to hit back with a  retaliatory blacklist of U.S. firms. Here are some key takeaways from the press conference announcing the white paper:

U.S. ‘responsible’ for stalled trade talks

The “U.S. government bears responsibility” for setbacks in trade talks, chided the paper, adding that the U.S. has imposed additional tariffs on Chinese goods that impede economic cooperation between the two countries and globally.

While it’s “common” for both sides to propose “adjustments to the text and language” in ongoing negotiations, the U.S. administration “kept changing its demands” in the “previous more than ten rounds of negotiations,” the paper alleged.

On the other hand, reports of China backtracking on previous trade deals are mere “mudslinging,” Wang Shouwen, the Chinese vice minister of commerce and deputy China international trade representative, said as he led the Sunday presser.

China ready to fight if forced to

China does not want a trade war with the U.S, but it’s not afraid of one and will fight one if necessary, said the white paper.

Beijing’s position on trade talks has never changed — that cooperation serves the interests of both countries and conflict can only hurt both — according to the paper. CNBC’s Eunice Yoon pointed out that Beijing’s latest stance repeats previous statements made back in  September.
Deals must be equal

Difference and frictions remain on the economic and trade fronts between the two countries, but China is willing to work with the U.S. to reach a “mutually beneficial and win-win agreement,” stated the paper. However, cooperation has to be based on principles and must not compromise China’s core interests.

“Nothing is agreed until everything is agreed,” Wang said.

He said one needs not “overinterpret” China’s soon-to-come entity list, adding that it mainly targets foreign companies that run against market rules and violate the spirit of contracts, cut off supplies to Chinese firms for uncommercial reasons, damage the legitimate rights of Chinese companies, or threaten China’s national security and public interests.

China respects IP rights

The paper also touched on issues that are at the center of the prolonged U.S.-China trade dispute, including China’s dealings with intellectual property rights. U.S. allegations of China over IP theft are “an unfounded fabrication,” said the white paper, adding that China has made great efforts in recent years to protect and enforce IP rights.

Wang claimed that China pays the U.S. a significant sum to license IP rights every year. Of the $35.6 billion it shelled out for IP fees in 2018, nearly a quarter went to the U.S.

Investments are mutually beneficial

The white paper claimed that bilateral investments between the two countries are mutually beneficial rather than undermining for U.S. interests when taken account of “trade in goods and services as well as two-way investment.”

The Chinese government also pushed back at claims that it exerts influence on businesses’ overseas investments.

“The government is not involved in companies’ business activities and does not ask them to make specific investments or acquisitions,” said Wang. “Even if we make such requests, companies won’t obey.”

In response to China’s probe into FedEx over Huawei packages that went stray, Wang assured that “foreign businesses are welcome to operate legally in China, but when they break rules, they have to cooperate with regulatory investigations. That’s indisputable.”

The Shenzhen-based smartphone and telecom giant has been hit hard by during the trade negotiations as the Trump administration orders U.S. businesses to  sever ties with the Chinese firm.

Source link to /techcrunch

 
Read more:  



US has shot itself in the foot by escalating trade war


On a global scale, the Trump administration has made enough enemies and its blunders in the Middle East and Latin America have caused intractable crises. None of these will make Trump successful in the 2020 election. Undoubtedly, messing up the China-US relationship will never make the US great again.

Investigation into FedEx expected to be fair and just

Chinese authorities announced on Saturday that relevant department has decided to open an investigation into whether FedEx violated the legitimate rights and interests of its Chinese clients. Huawei recently revealed to the media that FedEx had diverted two parcels sent from Japan destined for an address in China to the US, and two others from Vietnam to Hong Kong and Singapore respectively were also diverted to a US address after delay.
Source: Global Times | 2019/6/1 23:36:25

China's entity list sends clear signal

China's Ministry of Commerce announced on Friday that the country will release its non-reliable entity list. Foreign entities, individuals and companies that block and shut the supply chain, or take discriminatory measures over non-commercial reasons, and when their actions endanger the business of Chinese companies will be included in the list.
Source: Global Times | 2019/5/31 20:09:26

US ambitions threaten Asian security

The annual Shangri-La Dialogue kicked off in Singapore Friday. Chinese Defense Minister Wei Fenghe and Acting US Defense Secretary Patrick Shanahan will attend the event and make a speech, raising observers' expectations on this year's Dialogue.

Wei’s speech demonstrates China’s confidence

China does not want but is not afraid of a trade war: white paper
China does not want a trade war, but it is not afraid of one and it will fight one if necessary. China's position on this has never changed, the white paper pointed out.
US accusation of China IP theft, forced technology transfer unfounded: white paper
Accusing China of stealing intellectual property to support its own development is an unfounded fabrication.