China’s Political Calculations and Potential Options in Afghanistan

chinas political calculations and potential options in afghanistan

Advertisement The Afghan government backed by the United States collapsed after losing its military protection, and the speed was jaw-dropping. While international political stakeholders have rushed to respond, China seems to have made arrangements earlier than other countries. Still, its future options in Afghanistan are under scrutiny. In July, Chinese Foreign Minister Wang Yi met with Taliban representatives in Tianjin. This was an important event following the direct talks between the U.S. and the Taliban in 2018, as it greatly enhanced the Taliban’s international standing and signaled that the group…

Huarong Asset Management, China’s Biggest ‘Bad Bank,’ Will Get a Rescue

huarong asset management chinas biggest bad bank will get a rescue

China has promised to teach its most indebted companies a lesson. Just not yet. Huarong Asset Management, the financial conglomerate that was once a poster child for China’s corporate excess, said Wednesday night that it would get financial assistance from a group of state-backed companies after months of silence about its future. The company also said it had made a $16 billion loss in 2020. Citic Group and China Cinda Asset Management were among the five state-owned firms that will make a strategic investment, Huarong said without providing more details…

Hong Kong Police Arrest University Students for ‘Advocating Terrorism’

hong kong police arrest university students for advocating terrorism

HONG KONG — Four student union leaders at the University of Hong Kong were arrested on Wednesday on suspicion of “advocating terrorism” after they had held a moment of silence for a man who stabbed a police officer and then killed himself. The arrests, by the new national security police in Hong Kong, represented the latest crackdown on opposing voices as the Chinese territory tries to snuff out any sign of the dissent that flared during the 2019 protest movement. University students were among the most determined and vocal protesters…

Major UN biodiversity summit delayed for third time due to pandemic

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A key United Nations biodiversity summit has been delayed for a third time due to the pandemic, the Chinese environment ministry has announced, as environmentalists pledged the delay would “not mean taking our foot off the pedal”. In a statement, the Chinese ministry of ecology and environment confirmed that Cop15, the biggest biodiversity summit in a decade, would be delayed, and that negotiations for this decade’s targets will be split into two phases so that governments can meet face-to-face in Kunming, China, in the first half of 2022. The talks…

America will never be back like before, but the world still needs democratic leadership | Timothy Garton Ash

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“America is back,” said President Joe Biden earlier this year, and the entire democratic world breathed a sigh of relief. But as we watch the debacle of the United States’ withdrawal from Afghanistan – Kabul as Saigon 2 – a ghostly voice whispers to us: what if America is not back? What if it is never coming back? What happens then? The Chinese century? Europe as new leader of the free world? Or just plain old international anarchy? If only this were like Saigon in 1975. The US humiliation in…

The Fall Of Afghanistan And U.S. Foreign Trade

the fall of afghanistan and u s foreign trade

TOPSHOT – Taliban fighters in Kandahar on August 13, 2021. (Photo by – / AFP) (Photo by -/AFP via … [+] Getty Images) AFP via Getty Images Afghanistan’s fall to the Taliban upon U.S. withdrawal raises concerns about our country’s foreign trade in general. Will our export markets continue to buy our products, and will our import sources continue to supply us with goods and services? In most cases, the Afghan experience will have little impact, but watch out for what happens in countries dependent on U.S. military protection. Direct…

The Legacy Of Failure In Afghanistan Starts In 1979, Not 2001- OpEd

the legacy of failure in afghanistan starts in 1979 not 2001 oped

A decade ago, John Lamberton Harper, a professor of US Foreign Policy and European Studies at Johns Hopkins in Bologna, Italy published an indispensable history of the first cold war (The Cold War, Oxford University Press, 2011) in which he described the origins of what became known as “the Carter doctrine.” The Carter Doctrine pledged US military action against any state that attempted to gain control of the Persian Gulf. As Quincy Institute president Andrew Bacevich has pointed out it “implied the conversion of the Persian Gulf into an informal…

Deathly Quiet: The Navy Can’t Kill China’s Submarines If It Cant Find Them

deathly quiet the navy cant kill chinas submarines if it cant find them

Here’s What You Need To Remember: The PLA Navy may be poised to overcome a technological and tactical defect that has plagued it since its founding. Word has it that China’s People’s Liberation Army Navy (PLA Navy) has staged a breakthrough in submarine propulsion. At any rate, that’s the word from marine engineer Rear Admiral Ma Weiming, a specialist in electromagnetic systems. Admiral Ma recently reported on state-run CCTV that shipwrights are installing shaftless rim-driven pumpjets in China’s “next-generation nuclear submarines,” meaning attack or ballistic-missile boats. (Click here for a layman’s description of pumpjet technology.) Ma crowed that Chinese engineers are “now way ahead…

Shorting Chinese stocks is the third most crowded trade in wake of Beijing’s crackdown, fund managers tell BofA

shorting chinese stocks is the third most crowded trade in wake of beijings crackdown fund managers tell bofa

Beijing has cracked down on tech companies such as Didi. VCG/Getty Images Fund managers said shorting Chinese stocks became the third most crowded trade in August, according to Bank of America. Beijing has tightened its grip on tech and education companies, causing investors to shift their positions. China policy is now considered a leading tail risk by fund managers, BofA’s August survey showed. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Fund managers said they think investors are ramping up their bets against Chinese stocks…

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