5/16/2024

China's Socialism triumphs over fake American Democracy

 If China, with a Socialist system (embracing a capitalist touch) beats the Democratic System and becomes the No. 1 economic power, that is going to puncture for good the whole superiority myth espoused by the USA that democracy will always triumph socialism. It makes nonsense of the boasts when China does overtake the USA, which it certainly will. The proof will be there, the reality does not lie.

The Vietnam War was still in the era when the USA and the West were still touting the superiority of Democracy over Socialism and that was used as a justification that they were fighting a war to defeat the inferior Socialism system. Instead, they were defeated. That mantra has now been turned upside down with China's rise. And the rise of China is so rapid, it left the Democratic superiority myth in the dust and turning it into dust as well.

How can the USA and the West accept defeat or live with the idea that Socialism is now a better system for the world to follow? They could not and neither could they still use that argument to denounce socialism as an inferior system.

But notice that they no longer are using the democracy vs socialism argument in geopolitical discourse, knowing it holds no water. Rather, they invented the 'Rules Based Order' nonsense, using human rights issues, fermenting fear mongering over Chinese threat at every conceivable opportunity and preventing China from having any influence in other countries. 

Anonymous

De-coupling from China will eventually cripple the USA instead of China

 The seeds of de-coupling from China are really sprouting fast and furious, that will eventually cripple the USA instead of China.

Chinese drugmakers have been making pittance providing the essential raw materials for USA drug makers, who in turn makes billions 'freeloading' on cheap Chinese pharmaceutical raw materials over the years.

Now the USA Government is trying its very best to get rid of Chinese companies providing essential raw materials for the USA drug makers inside the USA citing, as usual, National Security Issues. These USA drug makers, just like Apple, makes billions every year leveraging on the cheap costs of their raw materials sourced from Chinese companies. These Chinese pharmaceutical providers have their supply chains inside China and are able to provide much cheaper products for their USA counterparts.

The USA Senate is passing a law to prevent USA drug makers from doing business with Chinese drug raw material providers in areas like cancer and HIV. These USA drug makers depend on those Chinese companies to provide the basic essentials for their drugs and will suffer catastrophic crippling in their ability to function, which will ultimately affect those dependent on those drugs. USA patients with cancer and HIV, among others, will have to pay an arm and a leg for such drugs. Medicare in the USA is already hitting the exosphere and medical insurance is getting out of reach.

The main source of materials in this comment is culled from Kevin Walmsley's site - 'Inside China Business'. Do visit his site for more details. 

aNONYMOU

5/15/2024

New Prime Minister Lawrence Wong Shyun Tsai of Singapore



Photo credit to celebcentralchronicles

15 May 24 marks another milestone in Singapore's history with a new Prime Minister in 51 year old Lawrence Wong from the Marsiling Yew Tew GRC in a rural northwestern corner of Singapore island. Lawrence Wong is the 4th Prime Minister of Singapore, after Lee Kuan Yew, Goh Chok Tong and Lee Hsien Loong.

Lawrence Wong is coming out as a refreshing change after the years of two Lees and one Goh with many having memories of more of the Lee and Lee Dynasty. Lee Hsien Loong is still around as a Senior Minister in the Cabinet just like his father Lee Kuan Yew before. Other than promoting Gan Kim Yong as a Deputy PM, and a few to senior ministers of state, parliamentary secretaries, the rest of the cabinet members remain the same, at least for the time being.

Lawrence Wong has spoken about reviewing some of the sacred cows and hope to make Singapore a better place for Singaporeans under his premiership.

Americans ramping up pressure on new PM to take sides

 Channel News America is inundated with news that China will be testing Lawrence Wong and pressuring him to take sides in the US China rivalry. The narrative from the western educated elites aka American parrots, is passing the blame to China as usual, that China is the trouble maker. This is furthest from the truth. China is not starting any wars with the warmongering American terrorists. It is the Americans that are attacking China daily, forming gangs and hoodlums, to isolate and contain China, to stop or slow the growth of China. And American allies, cronies, colonies, have all been coerced to take sides against China. Countries of the Global South have also been forced to go against China or be threatened or faced sanctions from the American gangsters. China has not forced any state to take sides or be sanctioned by China for not doing so. China does not need to do so. It is not containing the Americans or at war with the Americans.

It is standard American slimy behaviour to accuse others of a crime or misdeed when the Americans are the one that is guilty of it. China is aggressive when China is not at war with anyone, while the Americans are at wars all over the world, expanding its military might, establishing more military bases and alliances against China. Americans are aggressively fighting wars against the Russians in Ukraine, massacring the Palestinians in Gaza and provoking the Philippines to become another Ukraine in the South China Sea...not aggressive?

No doubt the American gangsters would be applying immense pressure on Lawrence Wong to go against China, not China forcing him to go against America. China is not an evil Empire like the Americans and does not want to be a hegemon, to control and rule the world like the American terrorists. The American parrots have all been mobilised to write the narrative that it is China that would be pressurising and coercing Lawrence Wong using Channel News America as its mouth piece. The American terrorists have been pressuring every country not to trade with China, to buy fake mRNA Covid vaccines, not to use Huawei's 5G but to use fake western 5Gs, presurising their media to demonise China daily with fake news.

Lawrence Wong would be the best person to know who would be twisting his arms to do their bidding. Fortunately there is Asean to fall back on, to take a joint Asean position that is neutral, not to be forced to take sides in a big power conflict. The American parrots would not stand down and the heat on Lawrence Wong can be expected to mount during his premiership. The American devils would want everyone to believe they are the angels and blame China for their devilish agenda and mafia behaviour.

No way the USA is going to win the Chip War

 There is no way the USA is going to win the Chips war.

The backfiring is almost immediate, with Chipmakers in the 'Chip 4 Alliance' of USA, Japan, Taiwan and South Korea already losing market share and much money and achieving little. Two Companies, Huawei and SMIC, are already too hot to handle for the Alliance, and there are many others like them in China. Huawei is not an 'exceptional' company in China, just an ordinary company in China, according to some. Chinese technology companies are in an era of explosive innovation.

Biden can continue to push subsidies to those companies like TSMC and Samsung to continue their building programs in Arizona, but it does not solve their long-term problems. Suffice to say, it is even unsure whether such subsidies trotted out by Biden are in fact just benefiting USA chipmakers like Intel, Micron and AMD rather than TSMC and Samsung.

China still controls certain major semiconductor raw materials and refining facilities. Gallium is one element that China controls about 80 to 90% of its production. This alone is one big problem for the USA and its Chip Alliance to sort out. China has not yet banned completely its export of Gallium, but just enacted export controls over it.

As frequently pointed out, there is the Chinese market for Chips that is also going to play an important part for the Chips Alliance. Domestically, more and more Chinese products are using locally made chips. What does this hold for those foreign companies trying to sell in China?

With China putting all hands to the pump in trying to be self-reliant, what does the future hold for the Chips Alliance? Like the Europeans following the USA blindfolded against Russia, the Chips Alliance members will suffer the same sad fate. Do not mess with China is the best policy. 

Anonymous