On the third day after Donald Trump announced the imposition of 25% and 10% tariffs on imported Canadian and Chinese goods respectively, Canada yielded and co-operated with Trump’s demands, in exchange for a one-month suspension of the agreement by the US. But China quickly introduced four countermeasures: first, imposing a 15% tariff on US coal Continue reading »
China
Australia’s former top diplomat says Donald Trump may achieve what 75 years of post-war anti-Americanism could not: concede the case for moral equivalence. Donald Trump may achieve what 75 years of post-war Americanism could not: concede the case for moral equivalence. Moral equivalence was the accusation that for all America’s claims to the ethical high Continue reading »
China today is not the China of the pre-COVID age, but many commentators think it is still an economy based on cheap manufacturing. Several weeks ago, Thomas Friedman, diplomatic editor of The New York Times, travelled to China and published his impressions in a syndicated article on the country’s “staggering manufacturing muscle”. He concluded that Continue reading »
Yu-Book Lim used to head a Singapore think tank and was Executive Chairman of IMC Plantations before that. He has just published an extended, thought-provoking essay: “Xi Jinping’s “Once-in-a-Century Upheaval” Prophecy. Towards the end of this article, Mr Lim confidently argues that: “The US will become a has-been like the UK, albeit still suffering from Continue reading »
This week’s big China threat story is DeepSeek, an Open-Source AI (artificial intelligence) platform that the alarmists are signalling is further proof China is stealing our personal data. Those shouting loudest are the right-wing free marketeers but what are we to make of Wall Street greeting the rise of DeepSeek by wiping $1 trillion off Continue reading »
The buzz around Xiaohongshu and then DeepSeek has had an unusually high volume of westerners speaking positively about China for the last couple of weeks, which of course means we’re also seeing many westerners falling all over themselves to say “Well actually China is actually quite bad actually” in response. Western liberals who fancy themselves Continue reading »
For more than 40 years Hugh White has been an important analyst of Australian defence and foreign policy. After working in the Office of National Assessments he became an adviser to Defence Minister Beazley and Prime Minister Hawke, He was a deputy secretary in the Department of Defence and the first head of the Australian Continue reading »
DeepSeek, a Chinese artificial intelligence (AI) company, this week changed the global AI landscape, not to mention caused $1 trillion losses in the New York stock exchange and the NASDAC. In the process, it demonstrated the difference between cloud capital, which drives technofeudalism onward and upward, and AI-services, which were always a bubble waiting to […]
The post Cloud Capital vs AI: What DeepSeek means for technofeudalism & the New Cold War appeared first on Yanis Varoufakis.
Neither State Department nor MOFA is gonna like this piece. Wang Yi and Marco Rubio, the respective top diplomats of China and the U.S., held their first phone call on Friday, January 24, 2025. Below are a few points I want to make. First, the State Department, now under Rubio, misidentified Wang’s job title in Continue reading »