Posted on 04/22/2022 3:07:32 AM PDT by EBH
Expert: The CCP Fears Sanctions
A senior Chinese business finance columnist, Chen Siyu, told The Epoch Times that Western sanctions against Russia struck fear into the CCP. And that Beijing will incur massive technological and economic losses if its overseas assets are confiscated by the United States and other western countries. Thus, it is rapidly selling overseas assets and returning CNOOC to domestic IPOs.
Chen said the CCP has been stealing Western technologies through its “Thousand Talents Program (TTP)” and “Made in China 2025 Initiative (MIC 2025)” to cut corners in its R&D and overtake Western technological advancements.
TTP is a controversial state-backed recruitment plan criticized by U.S. officials for its role in transferring Western research and technology to China. MIC 2025 is an initiative announced by the CCP in 2015 to invest heavily in domestic technology development in order to end Chinese dependence on foreign technology, transforming China into a global powerhouse of high-tech industries in 10 years.
“The CCP has to rely on the United States [for its technologies and markets] whether it likes to or not. [It cautiously avoids direct conflict with the United States, fearing severe consequences.] On the one hand, it sends mixed signals on the Russia-Ukraine conflict, both withdrawing and providing support to Russia. On the other hand, it strengthens domestic food production [in fear of Western sanctions].”
In a video conference on April 14, U.S. Secretary of State Antony Blinken called on China to “choose a [side]” in the Russia-Ukraine war, suggesting Beijing’s words and deeds on the issue were ambiguous and inconsistent.
“It’s about siding with right versus wrong; it’s about siding with the basic principles of the international system or for chaos and conflict. And ultimately, China has to choose,” Blinken said, placing further pressure on Beijing.
(Excerpt) Read more at theepochtimes.com ...
Biden opening up more leases, albeit more expensive? Or was that a reaction to China's positional concerns and democrats just not letting a crisis go to waste?
Let's go Brandon! That wind you are feeling is called blowback.
“A senior Chinese business finance columnist, Chen Siyu, told The Epoch Times that Western sanctions against Russia struck fear into the CCP.”
I can’t believe every country in the world isn’t watching this unfold and developing contingency plans that don’t include the US; our politics are so haphazard and there is no consistency to our foreign policy. Red China is right to look elsewhere; in the end, we are a fraction of the world’s population and resources.
BRICS vs the decadent west.
it wiill be decades before we recover from the Biden regime...
decades
prepare for a year
then 2 years
then 3-5 years
if you make it that far...decades
This isn’t going to be just bumpy, ‘full faith and trust’ has been betrayed by the Biden regime overuse of sanctions.
We will never, ever get that back in a short time. It may be gone for the long term.
In other words, Chinese businesses are preparing for the sanctions from a Chinese invasion of Taiwan.
Right; we’ve targeted the only one (Russia) that doesn’t appear to have a growing population. The rest are poised for larger roles in the world going forward, and have been warned the US oligarchs intend to control that.
Full faith and trust from its own citizens here in the US has been betrayed by our government’s overuse of spying technology.
The 1/6 unarmed “insurrection” should serve as a warning to ALL Americans - your own technology is spying on you.
>>>Chen said the CCP has been stealing Western technologies through its “Thousand Talents Program (TTP)” and “Made in China 2025 Initiative (MIC 2025)” to cut corners in its R&D and overtake Western technological advancements.
Geezers, they don’t even lie about it now!
Stolen elections have consequences!
Jim Jordan was investigating this while Trump was in office.
There were several chinese spies removed. A few that did escape just before the pandemic once identified as CCP military, in our research colleges.
China will be working with countries that they TRUST to not ‘punish’ them, and that starts with Russia.
As to the US, maybe Argentina will pick up the phone for us.
No, I do not think that will happen.
https://thediplomat.com/2022/02/argentina-joins-chinas-belt-and-road/
President Xi Jinping used the opening of the Beijing Winter Olympics to jumpstart meetings with numerous visiting foreign leaders. While much attention was focused on the summit between the Chinese leader and his Russian counterpart, Vladimir Putin, another noteworthy diplomatic victory for Beijing this month was the official addition of Argentina to China’s Belt and Road Initiative (BRI), strengthening bilateral political and trade relations while also further advancing China’s interests in Latin America.
While the addition of Argentina to the BRI was made official via a memorandum of understanding (MoU) signed in Beijing by current President Alberto Fernandez, many of the foundations for the agreement were laid by previous administrations, including by Fernandez’s immediate predecessor, Mauricio Macri. The Macri government had also sought to deepen economic relations with Beijing
Damn...perhaps Lichtenstein?
“BRICS vs the decadent west.”
BRIC nations are just as decadent, too. But in different ways.
We have no one running damage control.
November elections are not going to matter, if we make it that far.
It’s not just Russia and China it’s Pakistan and India too and they’re both enemies but they represent a significant portion of the worlds population.
The truth is, China wouldn’t have had as much success in stealing our secrets if our politicians weren’t so open to being bribed.
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