US - China relations

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China's shipbuilding sector takes over 70 pct of global orders​

Sep 10, 2024

On Shanghai's Changxing Island, a massive container ship is being readied for delivery.
As the world leader in the shipbuilding industry, China secured almost 75 percent of new global shipbuilding orders in H1 this year, with container and liquefied natural gas carriers topping the list.
According to the Ministry of Industry and Information Technology, Chinese shipbuilders completed projects totaling 25 million deadweight tons in the first half of the year, a more than 18 percent increase from last year.
New orders were up more than 43 percent, while backlogged orders grew by more than 38 percent.
Data from market research firm Market Research Intellect predicts the market size of China's shipbuilding industry will continue its expansion to top nine billion U.S. dollars by the year 2031.


1:30
 

A Trump 2.0 wrinkle for U.S.-China relations: sanctions on U.S. officials​

WASHINGTON, Sept 12 (Reuters) - As he campaigns for a second term, former president Donald Trump has made a tough stance toward China central to his pitch on foreign policy.

But if Trump is elected on Nov. 5, both he and China's leaders would confront an awkward reality: many of the top candidates for foreign policy jobs in a Trump administration are sanctioned by China and barred from the country.

Soon after President Joe Biden took office in 2021, China took the unprecedented step of sanctioning 28 former Trump administration officials for their roles in what Beijing saw as anti-China policies, in a gamble that the former president's days in the White House were over.

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US House passes bill targeting China that would limit EV tax credits​

WASHINGTON, Sept 12 (Reuters) - The U.S. House of Representatives narrowly voted on Thursday to approve legislation to tighten rules limiting Chinese content in vehicles qualifying for U.S. electric vehicle tax credits.

The House voted 217 to 192 to approve the bill, which has not been taken up by the Senate, to tighten the definition of Chinese components that make vehicles ineligible for U.S. EV tax credits.

The Alliance for Automotive Innovation, which represents General Motors (GM.N), opens new tab, Toyota Motor (7203.T), opens new tab, Volkswagen (VOWG_p.DE), opens new tab, Hyundai (005380.KS), opens new tab and other car companies, said the bill would result in fewer vehicles qualifying and would mean aggressive rules on vehicle emissions and EV targets would need to be rolled back.

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Exclusive: US locks in steep China tariff hikes, many to start Sept. 27​

  • USTR maintains tariffs of 100% on Chinese EVs, 50% on semiconductors, 25% on batteries, steel
  • USTR doubles tariffs on Chinese face masks, surgical gloves syringes
  • US adds China tariff exclusions on five machinery categories
  • White House adviser says tariffs counteract 'unfair' China EV cost advantage
Sept 13 (Reuters) - The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China's state-driven excess production capacity.

The U.S. Trade Representative's office told Reuters that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals, would go into effect on Sept. 27.

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USNI podcast. Nothing to see, can listen in one tab, play around the forum in a different tab. It's basically an opinion piece so take it fwiw and dyodd.

No One Should Think the War Will Be Short By Commander Justin Cobb, U.S. Navy​

Sep 18, 2024 Proceedings Podcast

Convincing China that a war for Taiwan will certainly become protracted would be a strong deterrent.


37:24

If you prefer to read.................

 

Exploding pagers might give China an idea​

Israeli intelligence services have delivered a devastating and highly impressive blow against Hezbollah, the Iranian terrorist proxy based in southern Lebanon.

On Tuesday, Israeli security forces detonated small numbers of explosives they had planted inside Hezbollah pagers when they were being made in Western Europe months ago. The terrorists use this old technology to make them less vulnerable to attack. Splendid irony!

Then, on Wednesday, Israel blew up explosives hidden in portable radios. Nearly 20 Hezbollah operatives were killed over the two days, and thousands more were wounded. The operation softens up the Islamist killers in preparation for Israel to mount military action to end Hezbollah's rocket attacks on northern Israel, which have rendered 60,000 Israelis homeless for the past year.

Inflicting serious damage on a terrorist organization should be celebrated. But the Israeli method has the additional benefit of being a warning that the United States should be wary of continuing to rely on Chinese supply chains for critical goods in our economy.

Much has been reported on China's effort to secure dominance over minerals in our supply chain. But Hezbollah's plight underlines the specific risk of sabotage of technical devices.

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They take the money they earned and buy weapons to defeat us...oh well.
 
DM/GF podcast. Nothing to see, can listen in one tab, play around the forum in a different tab.

Podcast: China Part 2 - Belt & Road and military ambitions

David Murrin decodes major historical events to forecast global change in today's world. David is interviewed by his son on the current state of the world politically, economically and militarily (while having a few generational debates along the way). The State Of It covers financial markets...
www.davidmurrin.co.uk www.davidmurrin.co.uk
 
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