Looks like Lloyd Austin's convo with Wei FengHe in Singapore next month will be fun
Miscellaneous News
- Thread starter bd popeye
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Its not actually a naïve idea, the CPC have been focusing on developing Xinjiang, which will serve as like a trading hub for Central Asia. Imagine in a few years it becomes maybe a 1st or 2nd tier city, attracting tourist, workers and business leaders from those region, this would surely wake up those who fell for the propaganda.
manqiangrexue
Brigadier
The US will continue to convince itself that Taiwan is a card it can play to suppress China when in the end, it will be the reason China surpassed the US so soon.
Looks like UnionPay is still in the game:
May 5 (Reuters) - The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
"Regarding the promotion and use of the Mir and China UnionPay national payment systems in both countries, this question will be decided by the two sides' central banks at consultations," Zhang Hanhui said.
Mir and UnionPay are among the few options left for Russians to make payments abroad since Russian banks were isolated from the global financial system in response to what Moscow calls its "special military operation" in Ukraine.
Visa Inc and MasterCard Inc are among the many Western companies to have suspended operations in Russia.
China has refused to condemn Russia's actions in Ukraine and has criticized the unprecedented Western sanctions on Moscow. The two countries have bolstered ties in recent years, including announcing a "no limits" partnership in February.
The ambassador said China would make use of a clearing bank for operations in yuan on Russian territory to ensure the sustainable development of national trade, which Russia expects to reach $200 billion by 2024.
He also said that China and Russia were not advocating for the rejection of U.S. dollar and euro settlements in bilateral trade.
Chinese, Russian cenbanks to discuss use of national payment systems
May 5 (Reuters) - The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
"Regarding the promotion and use of the Mir and China UnionPay national payment systems in both countries, this question will be decided by the two sides' central banks at consultations," Zhang Hanhui said.
Mir and UnionPay are among the few options left for Russians to make payments abroad since Russian banks were isolated from the global financial system in response to what Moscow calls its "special military operation" in Ukraine.
Visa Inc and MasterCard Inc are among the many Western companies to have suspended operations in Russia.
China has refused to condemn Russia's actions in Ukraine and has criticized the unprecedented Western sanctions on Moscow. The two countries have bolstered ties in recent years, including announcing a "no limits" partnership in February.
The ambassador said China would make use of a clearing bank for operations in yuan on Russian territory to ensure the sustainable development of national trade, which Russia expects to reach $200 billion by 2024.
He also said that China and Russia were not advocating for the rejection of U.S. dollar and euro settlements in bilateral trade.
Impossible for Japan to dump treasuries, they'd get regime changed faster than they can create a new niche of hentai.
If the U.S. puts economics sanctions in a Chinese company will be a significant escalatory step and a signal the U.S. is willing to wage all out economic war against China, this are not vanilla export controls but economic warfare against China.
do you have the full AT+ article or a way for me to access it, I'm curious what it says.
Seems like bit of drama between DPP and daddy as of late. If you've been following Taiwan news you know that also recently Mainland Affairs Council rejected 92 Consensus. Naturally the first reaction of most people are it's another step towards Taiwan Independence.
But consider this: what if it's not, and instead this is an attack against KMT and trying to remove the last card they hold. 92 Consensus was KMT's calling card and so to have a countering political philosophy DPP wrote Taiwan Independence into their party constitution. Now that DPP is triumphant and KMT is politically irrelevant that move might have served its political purpose. What if as we speak, DPP is talking to CPC to draft a replacement, a "22 Consensus" as it were?
If it was you and 22 Consensus offered by DPP is broadly the same as 92 Consensus, would you make that deal?
Definitely, and seek a military treaty that allows PLA to be stationed on Taiwan territory in exchange for protection of Taiwanese fishing boats and islands. We should seek whatever options to keep the peace within the South East Asia region and prevent the West from pulling a "Ukraine" in the region, better we spend our limited time and resources on improving our economy, adapting to climate change and furthering the interest of humanity as a whole.