'Made in China' on the nose as push to tame Beijing gathers pace

Donald Trump’s coronavirus fuelled trade wars have started the process of remaking global supply chains with the express purpose of reducing the West's over-reliance on China’s low-cost but highly-skilled manufacturing base.

Face mask production at a factory in Shanghai. The pandemic has exposed the world's reliance on China for critical medical products and technology.Vietnam, Taiwan, Mexico and Europe have been the main beneficiaries as US companies shifted rather than "re-shored" their sources of supply.

Had Trump not fractured old Western alliances, assaulted the global institutions and norms that bound them and included US allies in his protectionist "trade wars on everyone" the Western response to what have been dubbed China’s “predatory geo-economics” might have been more cohesive and powerful.

China has fast become a top election issue as President Donald Trump and Democrat Joe Biden engage in a verbal brawl over who's better at playing the tough guy against Beijing.They are also more likely to recommit the US to global institutions like the World Trade Organisation and World Health Organisation and – like Australia -- engage more directly in the efforts to reform and modernise them.

The US has indicated it is prepared to spend a similar amount to Japan on stimulus packages that would promote the re-shoring of manufacturing activity and jobs. It has spent billions to encourage US companies to produce medical supplies and equipment. The US, UK , Australia and Canada are offering safe haven to wealthy Hong Kong citizens and countries in the region -- including Japan, Australia and Singapore -- are starting to contemplate how they might displace Hong Kong in its role as a key global financial centre, or at least bolster their standing and weight as regional financial hubs.

Beijing OWNS Biden, the political analysis in the article is incorrect. Republicans are the only party pushing back on communism ✔️

Career politicians in Congress kowtow to Chinese Communist Party.

Dominate? We’re a fifth of the way through the century.....apart from trashing a former hub of Asia and starting two pandemics, I can’t think of anything else of note.

So, Countries should join globalisation for, free trade, free markets.. However, Never surpass USA innovation or technology. If you do, our media continuously posting negative contents with no factual evidences, and 'gentle' persuading others to ban or be sanctions. Got it!

See how the F**king CCP’s ambassador denies abuse of Uighurs in Xinjiang during Andrew Marr interview.

07/19/2020 lu-De Media News Highlights 1⃣ Mr. Bannon on Fox: CCP must surrender the Virus Truth What will be the actions coming confront CCP? 2⃣ Why Dr. Yan said the time is running out for human being? It is a designed bio-weapon 3⃣ Sen.Cruz: CCP regime'Murderer'

Simple steps help to relieve economic burden. Estb. Strict rules on mask, social-distancing, zero-gathering, sanitizers, app-track & easy access to test. Don't shut down borders this is what China wants. Let states to do quarantine & airline abide quotas.Boostbusiness

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Australia should 'limit its reliance on China' | Sky News AustraliaAustralia should look to diversify its trade relationship with like-minded countries like India and support major investments like the Adani coal mine in order to limit our reliance on China , according to LNP senator Matt Canavan.\n\nChina is Australia's biggest two-way-trading partner, accounting for 26 per cent of exports.\n\nHowever, relations between the two nations soured after the federal government led the call for an independent, global investigation into the origins of the deadly COVID-19 pandemic.\n\nIn the aftermath of this, China slapped punitive tariffs on barley and warned its students against returning to study at Australian universities, citing 'racism and coronavirus' concerns.\n\nMr Canavan told Sky News the pandemic has given the government time to reassess its trade situation.\n\n'It is a difficult challenge, but I don't necessarily think it's a complicated one,' he said.\n\n'The simple things we have to do is to develop and diversify our relationship with other countries, reinvest back in making things in this country and therefore limit our reliance on one economy, that is China.\n\n'I'm not saying that's easy, I'm not saying it's just flick-a-switch and it'll happen, I'm just saying rather than flail about this, let's just focus on what matters...and what matters is building relationships with countries like India.\n\n'We should be supporting a homegrown domestic manufacturing industry in this country.'\n\n\n\n\n\n\n mattjcan You have had seven years to do this mattjcan and what have you done ? mattjcan What makes a country “like minded”? And how likely is it that you chose India so your brother can send his coal there? mattjcan Too late, Welcome to the new order. The Victorian Communist Party.
Source: SkyNewsAust - 🏆 7. / 78 Read more »