Good morning. We’re covering Vladimir Putin’s defiant remarks, Sri Lanka’s default and China’s economic pivot. Putin’s defiance President Vladimir Putin of Russia said that peace talks with Ukraine had reached a “dead end.” He also said there was “no doubt” that Russia would achieve its goals in a campaign that has left cities in ruins, forced millions to flee their homes and raised disturbing accounts of atrocities committed by Russian soldiers. Here are the latest updates. “What we are doing is helping people and saving people, on the one hand,…
Tag: Putin, Vladimir V
Globalization Is Over. The Global Culture Wars Have Begun.
Next, I’m describing a world in which divergence turns into conflict, especially as great powers compete for resources and dominance. China and Russia clearly want to establish regional zones that they dominate. Some of this is the kind of conflict that historically exists between opposing political systems, similar to what we saw during the Cold War. This is the global struggle between the forces of authoritarianism and the forces of democratization. Illiberal regimes are building closer alliances with one another. They are investing more in one another’s economies. At the…
Bristling Against the West, China Rallies Domestic Sympathy for Russia
While Russian troops have battered Ukraine, officials in China have been meeting behind closed doors to study a Communist Party-produced documentary that extols President Vladimir V. Putin of Russia as a hero. The humiliating collapse of the Soviet Union, the video says, was the result of efforts by the United States to destroy its legitimacy. With swelling music and sunny scenes of present-day Moscow, the documentary praises Mr. Putin for restoring Stalin’s standing as a great wartime leader and for renewing patriotic pride in Russia’s past. To the world, China…
Covid, Russia and Economy Put the ‘China Model’ to the Test
A year ago, while many countries were still reeling from Covid-19, China seemed to be one of few places prospering through the pandemic. It was also the only major economy that reported growth in 2020. Global investors were bullish on Chinese stocks even as Beijing’s regulatory crackdown on its private sector became more like a political campaign. That led some people in China to argue that its one-party authoritarian rule offered a compelling alternative to traditional liberal democracy. The United States was declining politically and economically, they said, and the…
How Will the Ukraine War End?
U.S. officials have said that Russia appealed to China for military and economic support. Biden warned China’s leader, Xi Jinping, that granting that request would incur “consequences,” though the administration has not specified what those consequences might be. “The administration’s dilemma is that China is the world’s second-largest economy and the origin point of countless global supply chains,” wrote Phelim Kine of Politico. “Unlike Russia, whose relative unimportance to the function of Western economies made it relatively easier to sanction, China is a dominant player in everything from electrical appliances…
Is Taiwan Next?
A fragile peace Russia’s invasion of Ukraine has amplified fears that the world is teetering back to a Cold War-like era in which the most powerful countries compete for dominance. That could mean not only Russia exerting control over Eastern Europe but also China imposing itself over East and Southeast Asia — particularly Taiwan. China has laid claim to Taiwan since the island split off from the mainland in 1949 and has threatened to forcibly reunite the two. It views the issue as a top priority: Days after Russia’s invasion,…
In Rare Rebuke, Chinese Denounce Russia’s War in Ukraine
When Hu Wei, a politically well-connected scholar in Shanghai, warned that China risked becoming a pariah if it didn’t denounce Russia’s invasion of Ukraine, he ignited a war of words on China’s internet. Some readers praised Mr. Hu’s article, which spread online last week, seeing its gloomy prognosis about China becoming isolated behind a new Iron Curtain of hostility from Western countries as a welcome challenge to official Chinese soft-pedaling of President Vladimir V. Putin’s aggression. Many others denounced him as a stooge of Washington, unduly critical of Russia’s war…
Biden Will Punish China if It Gives Military Aid to Russia, Blinken Says
WASHINGTON — Secretary of State Antony J. Blinken said on Thursday that the United States would punish China if President Xi Jinping chose to give military aid to Russia for the war in Ukraine, where Russian forces have killed thousands of civilians. “We’re concerned that they’re considering directly assisting Russia with military equipment to use in Ukraine,” Mr. Blinken said at a news conference in Washington. “President Biden will be speaking to President Xi tomorrow and will make clear that China will bear responsibility for any actions it takes to…
Exports to Russia Blocked by U.S. and Its Allies
WASHINGTON — The United States, in partnership with its allies, has hit Russia with some of the most sweeping export restrictions ever imposed, barring companies across the world from sending advanced technology in order to penalize President Vladimir V. Putin for his invasion of Ukraine. The restrictions are aimed at cutting off the flow of semiconductors, aircraft components and other technologies that are crucial to Russia’s defense, maritime and aerospace industries, in a bid to cripple Mr. Putin’s ability to wage war. But the extent to which the measures hinder…
In Putin’s War on Ukraine, Expect the Unexpected
Every war brings surprises, but what is most striking about Vladimir Putin’s war against Ukraine — and indirectly against the whole democratic West — is how many of the bad surprises, so far, have been for Putin and how many of the good surprises have been for Ukraine and its allies around the world. How so? Well, I am pretty sure that when Putin was plotting this war, he was assuming that by three weeks into it he’d be giving a victory speech at the Ukrainian Parliament, welcoming it back…