Business Maverick: US-China downward spiral raises fresh fears of eventual conflict

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 84%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

China and the US have locked themselves into a new cycle of recriminations, provoking fresh worries that the world’s two biggest economies are heading down a path that could one day lead to the once unthinkable: the possibility of open conflict.

The latest back-and-forth started on Monday, when President Xi Jinping said in a speech that China was the victim of “comprehensive containment and suppression by western countries led by the US”. Two days later, US director of National Intelligence Avril Haines called Xi’s remarks “the most public and direct criticism that we’ve seen from him to date” — and she responded in kind.

The duelling narratives brought into sharp focus how the US and China increasingly have one thing in common: a growing distrust of the other side. Even worse, the escalating rhetoric is entrenching divisions that could make it harder for both sides to find a way to co-exist peacefully over the long term.

To be sure, there’s no sign of a war breaking out anytime soon. Haines and Central Intelligence Agency Director William Burns also said on Thursday the US intelligence communitythat China doesn’t want a military conflict over Taiwan, particularly after seeing the US and allied support for Ukraine after Russia’s invasion. The countries remain each other’s top trading partners and both sides have insisted they don’t want a new Cold War.

Adding to tensions were assessments from the Department of Energy and the FBI that the coronavirus pandemic likely began with a lab leak in Wuhan, China. On Thursday, the US sanctioned five Chinese companies for allegedly supplying aerospace parts for Iranian drones.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

The US is so high on drugs the Vhinese can just walk in and take over. Wearing suits.

I'm always seeing comment's about EliDonovan01 almost everyday since last week on twitter. Which I joined a few days ago. now I'm here referring people to join too. Because through his platform I have recover from the lose in recent cryptocrash

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Maverick: Momentum Metropolitan results promise true momentum for investorsMomentum Metropolitan Holdings’ dividend payment and share buyback programme could be attractive to income-seeking investors.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: Powell Says ‘No Decision’ Has Been Made on Speeding Up Pace of Rate HikesFederal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interest-rate increase later this month and said it would hinge on incoming data on jobs and inflation.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: Fox’s Murdoch Gave Kushner Sneak Peak at Biden Campaign AdFox Corp. Chairman Rupert Murdoch agreed in a deposition that he gave Donald Trump’s son-in-law and senior advisor Jared Kushner a preview in 2020 of a Joe Biden campaign ad, the latest sign of unusually close ties between the network and the former president.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

BUSINESS MAVERICK: Cartoon Thursday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: Investors Bet on Europe’s Inflation Matching US in Echo of Financial CrisisThe risk of persistently high inflation is starting to upend some of the basic assumptions in markets.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: Asian stocks fluctuate; US equity futures decline: markets wrapEquities turned mixed during Asian trading on Thursday and US stock futures fell as investors weighed the risk of faster rate hikes.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »