WAR BECKONS #332 GOOD MORNING FROM LONDON On the day that Chinese astronauts returned to earth after completing a record 3 months on China’s Tiangong space station — a milestone in the country’s ambitious space programme, the fall out from the US/UK/Australia new trilateral security partnership races around the world. Admiral Lee Hsiming, former Chief of Taiwan’s Armed Forces said “The Australian Fist will reach right to mainland China”. The Australian Government said that the three-way Agreement “represents a substantial capability leap for the Royal Australian Navy. Nuclear-powered submarines have superior stealth, speed, manoeuvrability, survivability and almost limitless endurance…these abilities…

THE US/UK/AUSTRALIA — NEW SECURITY INITIATIVE #331 GOOD MORNING FROM LONDON Yesterday, 15 September 2021, in a Virtual Event, President Biden, Prime Minister Johnson of the UK + Prime Minister Morrison of Australia announced a new trilateral security relationship that will enable Australia to build a fleet of nuclear-powered submarines. Biden said that the initiative is intended to bolster alliances as tensions rise with China over disputes ranging from the South China Sea to Taiwan. In a thinly veiled reference to China, Morrison said the three countries had to raise their partnership to “A New Level” because of the “increasingly…

WAS PRESIDENT BIDEN REBUFFED? #330 GOOD MORNING FROM LONDON Last week President Biden requested a phone conversation with President Xi Jinping. It lasted 90 minutes. It is reported with increasing confidence that Biden proposed to Xi that the Two Leaders hold a summit in an effort to break the present impasse in US-China relations. Xi sidelined the proposal and, instead, stressed that Washington reduces its invective against China before a face-to-face summit can take place. In recent weeks meetings have taken place in China between Foreign Minister Wan Li and Biden Cabinet members including Kerry, Sherman and others. But Biden…

WAS PRESIDENT BIDEN REBUFFED? #330 GOOD MORNING FROM LONDON Last week President Biden requested a phone conversation with President Xi Jinping. It lasted 90 minutes. It is reported with increasing confidence that Biden proposed to Xi that the Two Leaders hold a summit in an effort to break the present impasse in US-China relations. Xi sidelined the proposal and, instead, stressed that Washington reduces its invective against China before a face-to-face summit can take place. In recent weeks meetings have taken place in China between Foreign Minister Wan Li and Biden Cabinet members including Kerry, Sherman and others. But Biden…

GEORGE SOROS FALTERS George Soros says Sell not Buy. As Wall Street reflects on the Rise of the Regulator in China, Soros advises markets to withdraw from China. Politics guides his thinking when he says “Today, the US + China are engaged in a life + death conflict between two systems of governance: repressive and democracy”. Soros, famous for selling the UK £ and breaking the Bank of England in the 1990’s, goes on to attack 3 Wall Street Opinion Makers; — Larry Fink of BlackRock, Stephen Schwarzman of Blackstone and John Thornton of Goldman Sachs for “damaging the national…

REDS UNDER THE BEDS #328 GOOD MORNING FROM LONDON Post World War 2 the USA, inspired by Winston Churchill’s 1946 Iron Curtain speech at Fulton Missouri, and led by Senator Joe McCarthy who chaired the Committee of Un-American Activities, engaged in a Red Under The Beds policy designed to compel US citizens to disclose their political preferences and contacts. Today this is widely regarded as a low point of US Democracy. “Reds Under The Beds” — RUTB — was an attempt to turn the USSR, a key ally in the War against Hitler, into a hated foe. A panic gripped…

CHINA IS NOT THE OLD SOVIET UNION #327 GOOD MORNING FROM LONDON Opponents of China, whether they be Governments or the Media, view China + see the USSR. They are caught in an inflexible mindset that starts with a flawed premise and leads to a flawed conclusion. They start + remain on the wrong track. An alternative view comes from the former Australian Prime Minister Paul Keating who has recently said; “China is not the old Soviet Union. It is not attacking or forcibly incorporating countries into a grand union, nor is it exporting some kind of universal ideology…It is…

“COMMON PROSPERITY” #326 GOOD MORNING FROM LONDON Over the years, the Communist Party of China has governed with the use of different phrases that have given focus to the direction of the Country. “Power Grows out of the Barrel of a Gun” during the period of the Civil War against the Kuomintang; “The Working Class Must Exercise Leadership in Everything” during the Cultural Revolution; “Black Cat or White Cat — So Long as it Catches the Mouse” during the ascendancy of Deng Hsiaoping in the 1980s. Today there is a new term to focus the energies of the People —…

THE SIGNIFICANCE OF “COMMON PROSPERITY” #325 GOOD MORNING FROM LONDON Western commentators on China are, in the main, prejudiced + one-sided in their observations about the significance of developments in China. They misunderstand + they misreport. This is most apparent in their columns on “genocide” in Xinjiang. It is also apparent when they report on China’s current emphasis on Common Prosperity. An exception to the rule is Geoff Raby, an Australian economist and diplomat who served as the Australian Ambassador to the People’s Republic of China from February 2007 until August 2011. The significance of recent pronouncements + actions by…

NIKKEI ASIA REPORTS TODAY ON CHINA #324 Copy GOOD MORNING FROM LONDON Two news items on China reported by Nikkei Asia ITEM 1 “China’s exports in August 2021 rose at a faster-than-expected rate of 25.6% from a year earlier, as global demand offset pressure on the country’s economy that was hit by rising domestic COVID cases and supply bottlenecks.” Is China affected by Covid-19? A clear “Yes”. Some have the impression that because China took decisive action to bring Covid-19 under control that it is free from consequences. China did restrict the number of deaths to 5000 — too many…

Graham Perry

My understanding of China is dethatched, objective and informed unlike most other commentators who political prejudices invade their writings.

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