China-US tensions: how global trade began splitting into two blocs

Thu, 1 Sep 2022 11:53:51 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/china-us-tensions-how-global-trade-began-splitting-into-two-blocs-188380>

"Speaker Nancy Pelosi’s visit to Taiwan has elicited a strong response from
China: three days of simulated attack on Taiwan with further drills announced,
plus a withdrawal from critical ongoing conversations with the US on climate
change and the military.

This strong reaction was predictable. President Xi had earlier warned President
Biden not “to play with fire”. Of course, if Pelosi’s visit hadn’t gone ahead,
the Biden administration would have faced a strong reaction from both parties
in Congress for not standing up to China’s threat to Taiwan or human rights
issues regarding Tibet and Xinjiang, not to mention Hong Kong.

So where does it leave trade between the world’s two leading powers?"

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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