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Sunday, June 9, 2019

Alarm bells ring in Washington as China and Russia TEAM UP

https://youtu.be/QRZN3TleJzY

https://youtu.be/E9ofrCZB8EI

China's 'petro-yuan': The end of the dollar hegemony? | Counting the Cost

https://youtu.be/hQKf1Ob2Iys


https://www.express.co.uk/news/world/1137102/china-russia-partnership-trump-trade-war-putin-xi-jinping#t=9s

Moscow’s strongman this week welcomed Mr Xi to the Kremlin for a three-day state visit to sign new trade deals and investment promises. After the Chinese President touched down in Russia on Wednesday, Mr Putin led him on a tour of Moscow Zoo, where two pandas loaned to Russia by the Chinese for a 15 year project are staying. The offer of Ru Yi, a male, and Ding Ding, a female, who will live at the zoo with the aim of reproducing, was a “gesture of particular respect and trust in Russia,” Mr Putin said.

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But while it make take some time for the animals’ partnership to bear fruit - pandas are known to be reluctant breeders - the two leaders’ fellowship has hit “an unprecedented high level”.

Beijing is embroiled in a bitter trade war with Washington while Moscow is suffering the consequences of sanctions imposed by the West over the Ukraine conflict.

As their talks kicked off, Mr Putin told Mr Xi : “Our strategic partnership, we believe, has reached an unprecedented high level.


TRUMP, PUTIN, XI JINPING
Mr Trump's hard stance against Russia and China has brought the two countries closer together (Image: GETTY)
putin and jinping
 Mr. Putin led Mr Xi on a tour of Moscow Zoo to see the two pandas (Image: GETTY)
“We are living in the best of days, in terms of our country’s relations… Our interests are very similar.”
The fond words came at the start of the trip which will see the Chinese leader attend Russia’s flagship economic forum in St Petersburg later this week.

Mr Putin and Mr Xi vowed to deepen military technical cooperation at the talks in Moscow, as businesses from both nations signed off deals.

In a statement published by the Kremlin, Mr Xi said: “Over the past six years we have met almost 30 times … Putin is my best friend and a good colleague.”









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putin and jinping
The two pandas will stay in Moscow for 15 years (Image: GETTY)
The two men displayed a relaxed demeanour as they toured the zoo to begin the visit hailed as a “milestone” for the two countries’ alliance.

Last week, China’s deputy foreign minister, Zhang Hanhui, said: “The close and effective co-ordination of Russia and China on international affairs… has been an anchor and stabilising force amid rapid changes in the international situation.”

Beijing is Moscow’s top trading partner while Moscow is Beijing’s tenth-largest trading partner.
Later this year, the Power of Siberia pipeline connecting Russia to China is due to be complete, which is reportedly valued at £315bn ($400bn)

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Analysis: Trump an impolitic guest on trips abroad - AP News

 

The Middle Kingdom strikes back - Nation | The Star Online

 

China won't wilt under US pressure


China on June 2 issued a white paper titled "China's Position on the China-US Economic and Trade Consultations," triggering a heated debate throughout international media and foreign entrepreneurs

 

 

China, Russia can promote multilateralism

China and Russia are open to discussing the problems as part of their cooperation mechanism.


Russia-China trade, technological cooperation enjoys sound momentum: minister

Core US industries depend on China

 

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



Friday, June 7, 2019

China issues 5G licences in timely boost for Huawei


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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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

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Huawei OS ‘Hongmeng’ could be known as ‘ARK OS’ globally

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US vs Huawei: This is How the US Economy Crashes

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


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

 
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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.



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