Commentary: A US-China Clash Is Not Unthinkable

Channel News Asia ^ | 25 Sep 2021 | Edward Luce

[nickcarraway]

Lack of cold war-style checks between Washington and Beijing means there is scope for miscalculation, says the Financial Times’ Edward Luce.

The most worrying aspect about talk of a new cold war is that it breeds complacency.

The first one ended peacefully in 1991 when the Soviet Union folded its tent. The US-USSR ideological contest implied that one side could triumph if the other’s system failed, which is what happened.

Cold war 2.0 offers a different spectre — escalating geopolitical rivalry between the world’s two largest powers with no clear exit ramp.

[No_Mas_Obama]

Luce is a typical deranged globalist-leftist commentator for the Financial Times. Although he has to treat Sleepy Joe with kid gloves like all of the fake news media, his panic and frustration with Sleepy and the Rats comes thru quite clearly in this piece.

[cba123]

There are a TON of sold-out “Americans” who sold America’s production base to China.

America, sold out to China.

That is a simple fact.

China holds the cards. We buy EVERYTHING from China.

Everything.

[MAGAthon]

another present to China from Joe!

25 Sept: news.com.au: Huawei boss Meng Wanzhou flies to China after deal with US, ‘Two Michaels’ freed by Beijing
Meng Wanzhou, the daughter of billionaire Huawei founder Meng Wanzhou, has returned to China, three years after her arrest in Canada
by Andrew Backhouse
Huawei executive Meng Wanzhou was freed Friday following an agreement with the US Justice Department to suspend the fraud charges against her that had poisoned Beijing’s relations with Washington and Ottawa...
The US had accused her of fraud against HSBC bank and wire fraud, saying she tried to hide violations of US sanctions on Iran by Huawei affiliate Skycom...

But on Friday, US prosecutors settled for Ms Meng agreeing to a statement of facts in the case.
In exchange, they agreed to defer the charges — which carried the risk of up to 30 years in prison — until December 1, 2022, and then drop them if Ms Meng abides by the terms of the agreement.
“In entering into the deferred prosecution agreement, (Ms) Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution,” acting US Attorney Nicole Boeckmann said in a statement.
“(Ms) Meng’s admissions are evidence of a consistent pattern of deception to violate US law,” said FBI Assistant Director Alan Kohler...

Australia has also been involved in a major dispute with Huawei.
https://www.news.com.au/finance/business/huawei-boss-meng-wanzhou-freed-in-major-deal-with-us-flies-home-to-china/news-story/b833c609c3b90e46b3d660e47c8c32e3

25 Aug 2020 updated 8 Sept 2020: Global News: Inside the Chinese military attack on Nortel
By Sam Cooper
In 2004 Nortel cyber-security advisor Brian Shields investigated a serious breach in the telecom giant’s network. At the time Nortel’s fibre optics equipment was the world’s envy, with 70 per cent of all internet traffic running on Canadian technology.

And someone wanted Nortel’s secrets...

So the systematic hacking continued, Shields says. And as a result, Shields says, in 2009 — after getting massively underbid on a series of contracts by China’s state-champion company Huawei — Nortel went bankrupt...

Another fact that seems more than coincidental, Shields says, is that Huawei was founded in 1987 by former PLA engineer Ren Zhengfei. And the Chinese Communist Party’s five-year plan for 1986 to 1990 was to “speed up the construction of the energy, communications, telecommunications and raw materials industries.”...
https://globalnews.ca/news/7275588/inside-the-chinese-military-attack-on-nortel/