Rantburg

Today's Front Page   View All of Fri 04/19/2024 View Thu 04/18/2024 View Wed 04/17/2024 View Tue 04/16/2024 View Mon 04/15/2024 View Sun 04/14/2024 View Sat 04/13/2024
2023-04-01 China-Japan-Koreas
China rallies countries against dollar as US bickers over gender
[Frontline News] As the US bickers over the gender of the latest mass shooter, China is nearing dominion over the United States by playing peacemaker among the world’s most powerful countries and rallying them against the dollar.

China made attempts this month to broker a ceasefire between Russia and Ukraine, much as Israel did last year. Both times, the US led Western countries in shutting down any proposal of peace, though this time the Biden administration did not wait for negotiations to begin before declaring peace between the countries "unacceptable".

"What we have said before, and we’ll say it again today, that if coming out of this meeting [between China and Russia], there’s some sort of call for a ceasefire, well, that’s just going to be unacceptable because all that’s going to do . . . is ratify Russia’s conquest to date," National Security Council spokesman John Kirby said in an interview on Fox News. "All that's going to do is give Mr. Putin more time to re-fit ,retrain, re-man and try to plan for renewed offensives at a time of his choosing."

And, true to form, Ukraine and its Western allies declined the Kremlin’s China-brokered proposal for a ceasefire because it did not include the withdrawal of Russian troops from the Donbas region. Ukraine President Volodymyr Zelenskyy said that it would "simply freeze" the conflict and allow Russia to "prepare and come back" much as the Pentagon had said prior to the talks.

Just days earlier, China President Xi Jinping had brokered an historic peace deal between Iran and Saudi Arabia after paying a visit to Riyadh in December and hosting Iran President Ebrahim Raisi in Beijing. The two oil-rich countries, who have been feuding bitterly for seven years in a deeply religious conflict, signed an agreement in Beijing this month to reestablish diplomatic relations.

On Tuesday, Saudi Arabia joined China’s Shanghai Cooperation Organization, a security, political and trade alliance led by the Chinese Communist Party and involving Russia, India, Pakistan, Qatar and Turkey, with Iran counted among the four observer states. CNBC describes the move by Riyadh as "a further step away from U.S. interests".

On Wednesday, Watcher Guru reported that for the first time, China and France conducted a liquefied natural gas (LNG) trade in Chinese yuan, thereby ending reliance on the US dollar for energy trades. The trade involved 65,000 tons of LNG from the United Arab Emirates.
Posted by Besoeker 2023-04-01 00:00|| || Front Page|| [16 views ]  Top
 File under: Commies 

#1 Kamala Harris tells China to CANCEL debt to Zambia and vows to send country billions from US as VP lands at $1B airport built by Beijing
Posted by Skidmark 2023-04-01 00:08||   2023-04-01 00:08|| Front Page Top

#2 These are our esteemed Chinese trading partners who we saved from genocide at the hands of the Japanese during WWII. Same partners who came across the Yalu River in Oct 1950. Yes, the same partners who also hosted GOF research at the Wuhan laboratories.
Posted by Besoeker 2023-04-01 00:10||   2023-04-01 00:10|| Front Page Top

#3 I suppose their 100 years of humiliation isn't forgotten. Nor are the Opium Wars (which makes one wonder about the China-Mexico nexus and fentanyl).

The world is changing, and I can't say the US didn't shoot itself in the foot. While it is totally obsessed with Ukraine and transgender killers, the rest of the world is moving right along.
Posted by DooDahMan 2023-04-01 00:21||   2023-04-01 00:21|| Front Page Top

#4 The dollar having been the world's reserve currency since the end of WWII has created a worldwide demand for dollars and made it easy for us to finance the balance of trade deficits we're so addicted to.

This move to replace the dollar, if successful, has very serious ramifications for our balance of trade, inflation, and economy.

Hello, Janet Yellen! You got your Ph. D. in economics from Yale one year after I got my BA in economics from Yale. We had the same teachers and read the same books. Use what you actually learned to do something about this!!!
Posted by Tom 2023-04-01 12:37||   2023-04-01 12:37|| Front Page Top

07:47 NN2N1
07:33 Skidmark
07:32 Skidmark
07:28 Huputle+Cherelet4131
07:27 Skidmark
07:25 Frank G
07:22 Frank G
07:21 NN2N1
07:17 Skidmark
07:16 Frank G
07:12 Skidmark
07:10 badanov
07:10 Skidmark
07:03 Skidmark
07:02 Procopius2k
07:01 Procopius2k
07:00 Frank G
06:59 Procopius2k
06:57 Skidmark
06:55 Skidmark
06:53 Skidmark
06:53 Procopius2k
06:49 Skidmark
06:48 M. Murcek









Paypal:
Google
Search WWW Search rantburg.com