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BAD NEWS ALWAYS — WHY? #296 GOOD MORNING FROM LONDON The dominant theme of Western reporting on China is negative. Not objective or balanced just unremitting negativism. Consider the following; “The Party is a dictatorship…the Chinese people have no rights…China seeks world hegemony…China’s military spending threatens world peace…China is teetering on the brink of economic collapse…Chinese people are unhappy” Each topic can be discussed. China’s model of economic + political development is quite different from the West’s model. That is a fair question for debate. China is new + presents challenges to established norms. China going forward is quite different…


CHINA + AFGHANISTAN #294

GOOD MORNING FROM LONDON

The old USSR failed + withdrew in the 1980s. Now Biden follows UK colonial forces, the Moghuls, Genghis Khan + the USSR and withdraws after a 20-year military involvement in Afghanistan. Will China fall into the same trap? US “experts” — Mearsheimer + Prof Allison, Defence Dept and Council of Foreign Relations thinks so, says David Dodwell in a penetrating article in SCMP. China, they say, is an aggressive power with an offensive agenda. But there is an alternative — that China is a defensive power, determined to protect its economic progress + play its part…


CHINA’S REGULATORS SPEAK TO GLOBAL INVESTORS #293

GOOD MORNING FROM LONDON

The FT reports today that China’s Securities Regulators held a phone call yesterday with Executives of Global Investors including Black Rock, Fidelity, Goldman Sachs and JPMorgan. No information about the topics discussed was announced but news of the call boosted Chinese shares which had fallen as a result of regulatory action by Beijing. The Hang Seng Tech Index rose 8%. It was an important initiative by Beijing + represents an understanding of the need to maintain an ongoing dialogue between Regulators and Investors. China has two goals;- first, China wants to encourage Wall…


ENTREPRENEURS HAVE TO TOE THE LINE #292 GOOD MORNING FROM LONDON Mr Sun Dawu is the founder of Dawu, a successful private agricultural business group. Today he begins an 18-year prison sentence for fraud, attacking state organs + illegal occupation of land. It is a story that focuses on the evolving relationship between the Party and the Entrepreneurs. Matters came to a head, yesterday 28 July 2021, at the end of a two week hearing in the Gaobeidan People’s Court in Hebei Province. In addition to his 18-year sentence, Sun was fined $460,000 and his Dawu Group received an RMB300m…


“GOOD NEWS DRESSED UP AS BAD NEWS” #291

GOOD MORNING FROM LONDON

A feature of Western media reporting of China is that the News Must Be Negative. China must be in Trouble. China is facing “Big Problems”. China faces “Financial Collapse. Two recent events highlight this weakness in the West’s misreporting of China. The context is that China cannot succeed. It is a Socialist country run by a Communist Party and China cannot be more successful than the West in creating prosperity for its people. Two recent events highlight this basic flaw. First, Beijing brought in new regulations to prevent after-school tutoring companies from…


CHINA’S ALASKA APPROACH CONTINUES IN TIANJIN #290

GOOD MORNING FROM LONDON

Chinese Foreign Vice-Minister, Xie Feng, met yesterday 26 July 2021 with US Deputy Secretary of State, Wendy Sherman. Xie was as straight-talking in Tianjin as State Councillor Yang Jiechi had been in Anchorage when he met with Secretary of State Blinken. According to the South China Morning Post, Xie said US-China relations had reached a “stalemate” and faced “serious consequences”. Xie urged the US to repair the relationship by lifting sanctions against China + dropping its extradition request for Huawei’s Chief Financial Officer, Meng Wanzhou. After the meeting, Xie said he had given…


CHINA-UK — PLAIN SAILING OR CHOPPY WATERS? #289

GOOD MORNING FROM LONDON

Questions arise about the state of UK-China relations. Are they good or are they struggling? Is Prime Minister Johnson’s Tilt Towards China in place or is it wilting? Is the China-Britain Business Centre optimistic or pessimistic about the future for UK Business in China? To what extent is the future for UK Business tied to the UK need to be seen to support its major ally — the USA? The FT reports that the UK is exploring ways to remove China’s state-owned nuclear energy company from all future power projects in the…


WENDY SHERMAN FLIES TO CHINA #288

GOOD MORNING FROM LONDON

Wendy Sherman is the US Deputy Secretary of State. She flies to China for talks with Wang Yi on 26 July 2021 + the Western media is full of speculation about the topics that will be discussed. But, not for the first time, the media misses the overarching geopolitical issue that sets the scene for the discussion of any one topic. The macro-political prism through which to view the discussions is the rise of China and the decline of the USA. It is the development that provides the backdrop to consideration of any of…


HUMAN RIGHTS AND DEMOCRACY #287 GOOD MORNING FROM LONDON 24 JULY 2021 I am indebted to Professor Mahbubani for injecting into the China debate consideration of the Western mindset that any political system “that deprives citizens of the ability to choose or remove a leader is by definition evil”. The assumption in the West is that the people of China are oppressed because “they do not have the freedom to organise political parties, speak in a free media or vote for their leaders”. The West looks at China through the prism of the fight down the centuries to overthrow monarchies…


SOCIALISM OR CAPITALISM? #286

GOOD MORNING FROM LONDON

China is in uncharted waters. Never before in history has a country reached the stage of social development that China has attained. 1bn people lifted out of poverty. A State that offers prosperity, stability, lifestyle choices and a vision going forward. One part of the narrative is the reaction of previously leading countries to the arrival of China at the Top Table. Some historians, with justification, believe that World War 1 happened because the old European Imperialist countries refused to make room for a new dynamic Germany from 1870. Today the US cannot contemplate relegation from…

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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