After a meeting with Biden, Rishi dreams of growth for the stalled British economy.
Miscellaneous News
- Thread starter bd popeye
- Start date
I mean what does he expect will happen?
Right now, Philippines would lose to even ROC.
All they can do is to bring US in to counterbalance their claims against rest of ASEAN which have already decided to accept Chinese primacy over the area.
But Philippines itself is incapable of being a security threat to China, and that will remain until they can solve their internal problems. And with a man like Marcos, that is impossible. The internal conflict might have been won by a leader like Duterte, but Marcos won't be able to.
Philippines could either quietly drop it's tantrum a few years down the line. Or maybe they will double down, join US and invade China, and when that happens, the undefended people of the Philippines will find themselves bombed back to the stone age, before military occupation is imposed on them.
Against those who present an existential threat to the homeland, China will put it's full industrial and human might to incapacitate for eternity, like the Mongols, Dzungars and Tibetans have been incapacitated for eternity. For the Philippines which has utterly zero military capability, to jump into that conflict now, its like a toddler jumping in front of a speeding train.
plawolf
Lieutenant General
Have you considered that maybe becoming a Chinese province is the long-con Marcos is trying to pull?
Attack China to get China to declare war so China invades and takes over the Philippines to sort out all their internal problems, give them modern infrastructure, education and green cards to move to the rest of China. As the saying goes, if you can’t beat them, join them!
Marcos is not smart enough to play those sort of 12d chess moves.
Dudes probably got a check from the US and checked it in fast. Then a trade advisor visited him and said "sir you fucked up trade numbers will go down" he probably panicked again and came with that statement.
Joint Declaration Against Trade-Related Economic Coercion and Non-Market Policies and Practices
The Governments of Australia, Canada, Japan, New Zealand, the United Kingdom and the United States of America endorsed a Joint Declaration Against Trade-Related Economic Coercion and Non-Market Policies and Practices at a Ministerial meeting in Paris on 8 June 2023.The Joint Declaration builds on the momentum of the G7 Leaders’ Statement on Economic Resilience and Economic Security on 20 May 2023.
The use of trade-related economic coercion and non-market-oriented policies and practices (“non-market policies and practices”) threatens and undermines the rules-based multilateral trading system and harms relations between countries. The purpose of this Declaration is to express our shared concern and affirm our commitment to enhance international cooperation in order to effectively deter and address trade-related economic coercion and non-market policies and practices.
2. Non-market policies and practices of concern include: industrial policies and practices that promote excess capacity; pervasive subsidization; discriminatory and anti-competitive activities of state owned or controlled enterprises; the arbitrary or unjustifiable application of regulations; forced technology transfer; state-sponsored theft of trade secrets; government interference with or direction of commercial decision-making; and insufficient regulatory and market transparency. Non-market policies and practices have also been used as tools for economic coercion.
6. We urge all governments to refrain from the use of trade-related economic coercion and non-market policies and practices and to support free and fair trade based on open, market-oriented policies and principles that promote a level playing field and non-discriminatory treatment in international trade relations, benefit all economies, and help secure shared prosperity for all.
7. We commit to work together, with all interested partners, to identify, prevent, deter, and address trade-related economic coercion and non-market policies and practices, including through multilateral institutions, such as the WTO. These efforts will include, where appropriate, cooperation in WTO committees and in disputes to challenge these practices. We also commit to the sharing of information, data and analysis concerning these policies and practices as well as exploring the development of new diplomatic and economic tools that support and reinforce the rules-based multilateral trading system in responding to these challenges.
Source:
They really dislike how the PRC runs her domestic economy with US and allied jargon like 'non market policies'. We should refrain from running our own economy. Hands off and follow our neoliberal dictates that we want to force upon you.
Non market polices, you mean like the CHIPS act?
All 10 ASEAN members doing a joint naval drills is actually a net positive thing. This joint naval exercise is a confidence-building exercise. Kinda like what RIMPAC was before the Trump administration. All the rival claimants in the SCS, doing joint exercises, instead of saber rattling at each other.
CNA was saying that this is a message to China. I disagree. This is ASEAN starting to take charge of it's security in the SCS. They prefer not to have just the big powers, US, China, Japan, or anyone else deciding the security of the SCS for them. If there are any disputes with China, it'll be so much safer for world peace when China and ASEAN talk, instead of China talking to country X + US.
In the future, when rival ASEAN claimants can sort out their tensions, China could be invited into this framework. So that the SCS becomes a defacto shared zone. No one relinquishes their claims, but also no one shall change the status quo by force.
Last edited:
Yes, exactly. They do not want other countries to do industrial policies, state owned enterprises because obviously that works. Instead they want countries to wholesale adopt neoliberal policies and not to use the whole nations weight to develop certain industries. What can one tycoon do (free market) (except buying villas in Florida or France or stalling their money in the west) compared to a whole nation approach. Zilch. This is also how they keep countries underdeveloped and happless by forcing their neoliberal rules through western dominated instutitions as the WTO, through forcing certain policies when a nation applies for a bail out through IMF/World Bank or through trade deals or pacts in their favour. Ha Joon Chang wrote a book about it titled 'kicking away the ladder'. They do not only want to force upon the whole global a political model but more important their preffered economic dictates and economic model.
In his book Kicking Away the Ladder (which won the 's 2003 ), Chang argued that all major used interventionist economic policies in order to get rich and then tried to forbid other countries from doing the same. The , , and come in for strong criticism from Chang for "ladder-kicking" of this type which, he argues, is the fundamental obstacle to poverty alleviation in the . This and other work led to his being awarded the 2005 for Advancing the Frontiers of Economic Thought from the (previous prize-winners include , , , and ). Chang also argued that while state interventionism sometimes produced economic failures, it had a better record than unregulated economies which, he maintained, very rarely succeeded in producing economic development. He cited evidence that growth in developing countries had been higher prior to external pressures recommending and extended his analysis to the failures of free trade to induce growth through and anti- policies.
Source: