Africa: The U.S. Bought Time on AGOA. Now it Needs a Strategy.: [allAfrica] Washington, DC -- In February, U.S. Congress passed a one-year extension of the African Growth and Opportunity Act (AGOA). This came after a year of foot-dragging which resulted in the temporary lapse of the trade preference program. Meanwhile, China extended duty-free access to 53 African countries with which it maintains diplomatic…
http://newsfeed.facilit8.network/TSz3JY #Africa #AGOA #TradePolicy #EconomicGrowth #USChinaRelations
Trump-XI summit: in a high-stakes meeting the two leaders can’t afford to misread each other
Taiwan looms as an area for possible misunderstanding and potential conflict.
US Defense Chief Misses Chance to Bolster Taiwan Support
US Secretary of Defense Pete Hegseth's recent speech at the Shangri-La Dialogue in Singapore left many wondering why he didn't seize the opportunity to reaffirm US support for Taiwan, a crucial moment to make a strong statement in the region. By choosing not to directly address Taiwan, Hegseth missed a chance to show strength and clarity in…
https://osintsights.com/us-defense-chief-misses-chance-to-bolster-taiwan-support?utm_source=mastodon&utm_medium=social
#Indopacific #NationalSecurity #Taiwan #UschinaRelations #Geopolitics
US Defense Chief Misses Chance to Bolster Taiwan Support
US Defense Chief fails to bolster Taiwan support at Shangri-La Dialogue, sparking concerns over US posture - Read the full analysis now.
* The Great Global Transformation
The United States, China, and the Remaking of the World Economic Order, Branko Milanovic >>
https://press.uchicago.edu/ucp/books/book/chicago/G/bo269830239.html
* The U.S., China, and the Remaking of the World Economic Order
"After unprecedented economic growth during the 20th century, is the U.S. losing its place as a world power? How have China’s economic rise and its growing class of uber-wealthy elites shaken up its society? How are the seismic changes to both countries reshuffling the global economic order?" >>
https://www.youtube.com/watch?v=xr1zscNHeYI
#geopolitics #USChinaRelations #WorldEconomicOrder #SeismicShifts #US #China #growth #elites #UberWealthy #plutocracy #nationalism #NationalMarketLiberalism #degeneration #protectionism #inequality #SocialMobility #homoploutia #book
The Great Global Transformation
From the essential chronicler of the world economy, a portrait of the Great Powers in transition. The world’s two great economic powers are on opposite trajectories. In the United States, decades of neoliberal policies produced a small class of rich elites and gutted the middle class. In China, the same global forces have created a massive new upper class. The result is the greatest reshuffling of global incomes since the Industrial Revolution—a dramatic shakeup of each country’s political order. As the two powers retreat from one another, the implications for their futures, and for the world economy, are uncertain. In The Great Global Transformation, acclaimed economist Branko Milanovic draws on original research to chart how these seismic shifts will shape the next century of the global economy. As both the US and China retreat into protectionism, Milanovic shows how a new and multipolar world order will follow—and how rising nationalism will have dramatically different effects on the two countries. And he shows us the fight ahead: as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving populist discontent to the breaking point. A worthy successor to Capitalism, Alone and his other landmark works, Milanovic’s new book announces the arrival of a new era he terms “national market liberalism,” in which liberalism survives in domestic economies, but not necessarily in the social arena. The Great Global Transformation is Milanovic’s indispensable account of the new twenty-first century now underway.
US and China escalate media tensions with reciprocal journalist expulsions
The United States and China have become embroiled in a renewed dispute over press access after both governments took reciprocal action against journalists. The Trump administration has revoked the visa of a Chinese national working for the state-run Xinhua News Agency in the United States. This move followed Beijing’s earlier decision to expel Vivian Wang, a China correspondent for The New York Times, in what was widely seen as retaliation.
The Chinese government’s action against Wang was linked to the newspaper’s involvement in a DealBook Summit interview featuring Taiwanese President Lai Ching-te, during which Taiwan was referred to as a country. The interview and comments made during the event heightened tensions with Beijing, which considers Taiwan part of its territory. Wang, however, was not involved in the editorial decisions surrounding the event.
The New York Times strongly condemned Wang’s expulsion and called for both governments to restore journalist access, warning that such actions undermine independent reporting. The Chinese embassy in Washington did not immediately comment on the US decision to revoke the Xinhua journalist’s visa.
The episode reflects a broader deterioration in media freedom between the two powers. In recent years, both countries have expelled journalists and tightened visa restrictions amid worsening diplomatic relations. Previous disputes in 2020 saw multiple American correspondents removed from China, while the US labelled several Chinese media outlets as foreign missions.
With foreign correspondent numbers already low in China, media organisations warn that continued expulsions could further restrict global understanding of developments within both countries, particularly at a time of heightened geopolitical sensitivity over Taiwan and broader US-China relations.
Hegseth hints Japan must ramp up defense spending even more
U.S. Defense Secretary Pete Hegseth has delivered a veiled warning to Tokyo, saying that while Japanese defense spending was 'headed in the right direction,' more must be done.
China's Strategic Assertiveness Reshapes Global Order
The recent Trump-Xi summit marked a significant shift towards a "constructive China-US relationship of strategic stability," indicating a new era of managed competition between the two global powers. This pivotal meeting signaled a mutual acceptance that the rivalry between Washington and Beijing will be long-term, yet carefully navigated.
https://osintsights.com/chinas-strategic-assertiveness-reshapes-global-order?utm_source=mastodon&utm_medium=social
#Geopolitics #NationalSecurity #StrategicStability #China #UschinaRelations
China's Strategic Assertiveness Reshapes Global Order
Discover how China's strategic assertiveness is reshaping the global order and learn about the implications of the Trump-Xi summit on US-China relations, read more now.
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