Day: September 24, 2021

U.S. Reaches Agreement to Release Huawei’s Meng Wanzhou

Chin@Strategy

For its part, the Chinese government has underwritten the cost of installing Huawei gear, in an effort to dominate networks from Latin America to the Middle East. Ms. Meng came to personify that effort. Her determination to wire up Tehran, at a time in which the West was seeking to contain Iran’s nuclear program, attracted protests among American officials. For that reason, some China hard-liners objected on Friday to news that the charges were being dropped. “It sends the wrong message to Chinese business executives around the world that it’s…

Meng’s Release Could Reduce Friction Between U.S. and China

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The deal to release Meng Wanzhou could reduce a nettlesome conflict in U.S.-China relations. President Donald J. Trump took an aggressively adversarial stance toward China, castigating Beijing for what he called unfair trade policies, blaming it for the coronavirus pandemic, blocking Chinese technology companies from the lucrative American market and imposing heavy tariffs on Chinese exports. The Trump administration also accused Huawei of stealing technology from its Western rivals. Since coming to office, President Biden has also taken a tough position on China. He has sought to establish the United…

China believes that America is forging alliances to stop its rise

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Sep 25th 2021 FOR CHINESE leaders, the rows about AUKUS, a new security pact between America, Australia and Britain, confirm cherished prejudices about the Western world. China has always believed that America’s network of global alliances is a cover for hegemony, even if American leaders offer warm words about defending universal values, standing up for friends and opposing “attempts by stronger countries to dominate weaker ones”, as President Joe Biden did at the UN on September 21st. Listen to this story Your browser does not support the <audio> element. Enjoy…

Huawei Executive Resolves Criminal Charges in Deal With US

Chin@Strategy

Advertisement Meng Wanzhou, a top executive of Chinese communications giant Huawei Technologies, has resolved criminal charges against her as part of a deal with the U.S. Justice Department. That could pave the way for her to return to China and concludes a case that roiled relations between Washington and Beijing, as well as between Canada and China. The deal with Meng, Huawei’s chief financial officer and the daughter of the company’s founder, was disclosed in federal court in Brooklyn on Friday. It calls for the Justice Department to dismiss the…

Wonking Out: This Might Be China’s ‘Babaru’ Moment

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OK, who ordered that? You’d think that between Covid-19, climate change and U.S. democracy under siege, we would already have enough crises on our plate. A potential Chinese financial meltdown is the last thing we need. Yet here we are. The story of the moment is Evergrande, a huge, heavily indebted real estate company that appears on the edge of default. The echoes of the global financial crisis 13 years ago are obvious. The conventional wisdom is that Evergrande isn’t another Lehman Brothers, that any fallout from its woes, and…

For India’s Military, a Juggling Act With Pakistan and China

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CHANDIGARH, India — After the deadliest clashes in half a century with China, India’s military has taken emergency measures to reinforce a 500-mile stretch of the border high in the Himalayas. In the past year, it has tripled the number of troops in the contentious eastern Ladakh region to more than 50,000. It has raced to stock up on food and gear for freezing temperatures and 15,000-foot altitudes before the region is largely cut off for much of the winter. It has announced that an entire strike corps, an offensive…

Narendra Modi: The China factor in Delhi’s Quad strategy

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The Quad is expected to announce deeper cooperation on fighting climate change, cyber security, infrastructure development and sharing of emerging technologies like 5G infrastructure. Michael Kugelman, deputy director of the Wilson Center think-tank in Washington, said the group had already shown it could provide tangible outcomes, like coming together to make and distribute Covid vaccines. BBC