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China back to work but should the world resume trade?

Summary:
The satellite nitrogen dioxide data shows how the world has shut down due to Covid-19 coronavirus. The data suggests that although China shut down in February it went straight back to production in March.China is a National Socialist (NAZI) state that is now producing much of the world's pollution.  It has most of the world's concentration camps, perpetually threatens war in the South China Sea and created the Covid-19 pandemic.China is a member of the WTO so enjoys prosperity due to global trade.  The Chinese are controlling the exchange rate of the renmimbi (yuan), the Chinese currency, which is against WTO rules. The WTO reaction, voiced by its director Pascal Lamy is: "when the currency issue pops up, shut up."China does not trade fairly (see Note 1) yet the WTO and USA are under

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The satellite nitrogen dioxide data shows how the world has shut down due to Covid-19 coronavirus.

China back to work but should the world resume trade?

The data suggests that although China shut down in February it went straight back to production in March.

China is a National Socialist (NAZI) state that is now producing much of the world's pollution.  It has most of the world's concentration camps, perpetually threatens war in the South China Sea and created the Covid-19 pandemic.

China is a member of the WTO so enjoys prosperity due to global trade.  The Chinese are controlling the exchange rate of the renmimbi (yuan), the Chinese currency, which is against WTO rules. The WTO reaction, voiced by its director Pascal Lamy is: "when the currency issue pops up, shut up."

China does not trade fairly (see Note 1) yet the WTO and USA are under huge pressure from companies such as Amazon and Apple to maintain free trade links to keep their competitive edge in the West (although in the long run both companies will lose out to Chinese competitors because of technology transfers but corporates have a 2 year horizon).

China has an anti-terrorism law that compels its electronics manufacturers to place undetectable "hardware trojans" - hard wired circuits on computer chips - to provide access to communications for Chinese State Security yet Western companies use these products with abandon and even pressure governments to allow Huawei to run their communications.

China has invested its huge trade surplus to acquire soft power in the West.  This ranges from having high status organisations such as university research departments in its pocket to a growing influence in the global media; influence that is accepted in the West despite China being ranked 177 out of 180 on the Press Freedom Index. According to a Bloomberg News report in April 2018, China has invested around 3 billion euros in acquiring shares in various media in Europe in the last decade, about 1% of its entire investment in the continent. South Africa has been a particular target of Chinese media ownership. The Chinese have also made the academic and scientific press a special object of attention so don't believe pro-Chinese articles in the journals. See  CHINA’S PURSUIT OF A NEW WORLD MEDIA ORDER.

China introduced the "Thousand Talents" Plan in 2010 which involves thousands of students being sent to Western universities to acquire technical information.  Universities, especially in the UK, have lapped up this source of fee income.  Western governments have allowed the scheme to run despite it being openly a thousand spies scheme (120,000 students in the UK alone).  The Thousand Talents Plan meshes with "Made in China 2025" which aims to make China technologically dominant by 2025.  The Belt and Road Initiative involves $900bn+ of investments in countries around China. It was called One Belt, One Road but the connotations sounded too descriptive of what it is about.


China back to work but should the world resume trade?
Countries that have signed Belt and Road Agreements


The argument for allowing China the privilege of acquiring Western money and expertise is that eventually China will see the error of its ways and become a democracy.  This is obviously not happening.  China has a plan for global domination that is entirely public but the West has become so detached from it's fundamental principles such as liberty that it seems happy to let this happen. What we are doing is allowing China to become the global superpower by 2030.  The power of modern surveillance and control means that if Chinese National Socialism becomes dominant the world will fall into a dark age for centuries.

17/01/2020

Note 1: The case against trade with China was stated clearly in a US Section 301 investigation into “China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation”:

First, China uses foreign ownership restrictions, including joint venture requirements, equity limitations, and other investment restrictions, to require or pressure technology transfer from U.S. companies to Chinese entities.  China also uses administrative review and licensing procedures to require or pressure technology transfer, which, inter alia, undermines the value of U.S. investments and technology and weakens the global competitiveness of U.S. firms.

Second, China imposes substantial restrictions on, and intervenes in, U.S. firms’ investments and activities, including through restrictions on technology licensing terms.  These restrictions deprive U.S. technology owners of the ability to bargain and set market-based terms for technology transfer.  As a result, U.S. companies seeking to license technologies must do so on terms that unfairly favour Chinese recipients.

Third, China directs and facilitates the systematic investment in, and acquisition of, U.S. companies and assets by Chinese companies to obtain cutting-edge technologies and intellectual property and to generate large-scale technology transfer in industries deemed important by Chinese government industrial plans.

Fourth, China conducts and supports unauthorized intrusions into, and theft from, the computer networks of U.S. companies.  These actions provide the Chinese government with unauthorized access to intellectual property, trade secrets, or confidential business information, including technical data, negotiating positions, and sensitive and proprietary internal business communications, and they also support China’s strategic development goals, including its science and technology advancement, military modernization, and economic development.

See Bruegel paper: CHINA AND THE WORLD TRADE ORGANISATION: TOWARDS A BETTER FIT.

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