Biden pledges to “manage” economic war with China
US President Joe Biden had his first face-to-face meeting with Chinese President Xi Jinping since his inauguration, pledging to “manage” the United States’ trade war with China, which he referred to as “competition.”
Biden, in the words of the White House readout of the discussion, “reiterated that this competition should not veer into conflict and underscored that the United States and China must manage the competition responsibly and maintain open lines of communication.”
The readout continued, “President Biden explained that the United States will continue to compete vigorously with [China], including by investing in sources of strength at home and aligning efforts with allies and partners around the world.”
Speaking after the meeting with Xi, Biden declared, “We’re going to compete vigorously. But I’m not looking for conflict, I’m looking to manage this competition responsibly.”
Biden’s emphasis on “managing” tensions and keeping open lines of communication may indicate a tactical shift by Washington and a temporary deescalation of sharp tensions with Beijing.
Over the past several months, the Biden administration has relentlessly escalated pressure on Beijing. House Speaker Nancy Pelosi staged a visit to Taiwan in a deliberate provocation against the Beijing’s claims of sovereignty. Biden declared that the US would commit troops to defend Taiwan in the event of an invasion by mainland China.
Washington placed a ban on trade in advanced microchips with China, a measure of economic warfare targeting China’s core interests. China is isolated in a world in which every other country, led by Washington, has abandoned all public health measures to deal with the pandemic.
China’s Zero-COVID policy is also under intense attack. With its war games and military deployments, Washington has brought the Korean Peninsula, vital to China’s own interests, to the brink of the resumption of armed conflict. Biden has repeatedly and baselessly accused China of “genocide.” The war in Ukraine, provoked by the US and NATO, has profoundly destabilized the Eurasian landmass and ruptured China’s trade and political connections throughout the region. And all this in less than a year.
The meeting between Biden and Xi on the sidelines of the G20 summit witnessed a stepping back by Washington from this year of unrelenting incendiary rhetoric and military provocation. In his remarks to the press after a three and a half hour meeting with Xi, Biden characterized Xi as “direct and straightforward” and “willing to compromise.”
There would be no “new cold war” between the US and China, Biden declared, and added that he believed that China had no imminent plans to invade Taiwan. This is a reversal of numerous earlier warmongering statements issued by the Biden administration, the legislature and the Pentagon.
The term “New Cold War” was used to describe the 2018 speech by Vice President Mike Pence that raised the prospect of economic “decoupling” between the United States and China in order to prevent China from seizing the “commanding heights of the 21st century economy.” While denying he is seeking such a “New Cold War,” Biden has in fact embraced the doctrine of “strategic competition” with China pioneered under the Trump administration.
Biden said that Washington would “oppose unilateral change in the status quo” of relations between mainland China and Taiwan “by either side.” This was the first time that the US president had spoken against a growing Taiwanese separatist movement to which he had until now been giving open encouragement.
Biden announced that as a means of “managing” the “competition,” Secretary of State Antony Blinken would travel to China to meet with his counterpart, and various US and Chinese teams would meet to set in place mechanisms for meetings to discuss the resolution of differences.
The Global Times quoted Xi as responding that he “looks forward to working with the US president to push bilateral relations back on the track of healthy and stable development.”
The United States is committed to a strategic course that leads inescapably to war with China. China’s economic growth directly threatens US hegemony and Washington will use trade war measures and open military conflict to hold onto its world dominance.
The changed rhetoric at Bali may express Washington’s attempt to drive a wedge between Russia and China as it pursues the imperialist breakup of Russia coming out of the war in Ukraine. The tactical deceleration of its drive to open war against Beijing is being coupled with the institutionalization and normalization as “competition” of its trade war measures taken against China.
These trade war policies were initiated by former US President Donald Trump, and are expressed in the doctrines of economic “decoupling” and deglobalization that have been embraced by the entire US political establishment.
An editorial in the Financial Times explained the meaning of Biden’s efforts to “manage” its “competition” with China:
Washington’s determination to restrain Beijing’s ambitions to surpass it as the world’s leading military and economic power means further decoupling from China is inevitable. But Washington must at the same time manage relations with Beijing with care. It should be guided by three principles: that decoupling should not crash the global economy; that war must be avoided; and that China’s co-operation is still needed on a range of global issues.
The newspaper continued:
Washington’s drive to slow Beijing’s acquisition of leading-edge military technologies should be combined with co-operation in areas of mutual concern. These extend not just to the green transition, but also nuclear proliferation, pandemic prevention and debt restructuring for emerging markets.
In other words, the economic doctrines of free trade and globalization, in which the flourishing of global economic activity would “lift all boats,” has been entirely rejected by the political establishment, replaced with two alternatives: mercantilist trade war aimed at achieving military supremacy without the use of force, or open military conflict.
The line between the two, however, is entirely fluid. For all of Biden’s declarations that he is merely seeking a trade war and not a military conflict, his statements are openly contradicted by his own policy documents. While its tactics may shift, the explicitly stated strategy of Washington is preparation for military conflict with China.
Just one month before the meeting of Biden and Xi, Biden penned an introduction to the new US National Security Strategy in which he declared the United States will “seize this decisive decade to advance America’s vital interests” and “position the United States to out maneuver our geopolitical competitors.”
Biden declared, “We are in the midst of a strategic competition to shape the future of the international order.”
He added, “In the contest for the future of our world, my Administration is clear-eyed about the scope and seriousness of this challenge. The People’s Republic of China harbors the intention and, increasingly, the capacity to reshape the international order in favor of one that tilts the global playing field to its benefit, even as the United States remains committed to managing the competition between our countries responsibly.”
In other words, Biden’s declarations about “managing” its economic war with China are fundamentally consistent with his administration’s plans for military conflict with China in what he called the “decisive decade.”
There are growing signs that in an effort to deescalate tensions with the United States, China is making moves to adopt the mass infection COVID-19 policies championed by the US and other imperialist powers.
In an editorial, the Economist declared that Chinese “officials released 20 measures adjusting zero-covid policies to make them a little less onerous and costly to administer.” It called these moves “the biggest relaxation of the country’s pandemic stance since covid began to spread,” while likewise hailing the abandonment of measures to reduce real estate speculation.
There can be no doubt that the United States, the world’s leading imperialist power, has the skill and shrewdness to provide Chinese officials rewards in exchange for sacrificing the lives of tens of thousands of Chinese workers, in the process boosting the profits of American corporations—all the while continuing their long-term plans to economically and militarily subjugate China.
There also appear to be quiet moves by China to distance itself from Russia amid the US-led proxy war.
Reuters wrote, “Chinese Premier Li Keqiang emphasized the ‘irresponsibility’ of nuclear threats during a summit in Cambodia, suggesting Beijing is uncomfortable with strategic partner Russia’s nuclear rhetoric, a senior U.S. official said on Monday.”
Hailing these statements, US proxy and Ukrainian President Volodymyr Zelensky declared, “In particular, it is important that the United States and China jointly highlighted that the threats of using nuclear weapons were unacceptable. Everyone understands to whom these words are addressed.”
The US, Russia and China are each facing massive social and domestic crises. Despite the talk of “decoupling” and “deglobalization,” the inflationary surge and looming economic recession are threatening every single country of the world. The upsurge of the class struggle in the United States, exemplified by a looming rail strike, will weigh heavily on the White House’s plans.
Under these conditions, the United States may be seeking to make tactical reorientations, including accepting concessions from China or even Russia, in order to temporarily stabilize surging prices and head off an economic collapse.
The overall policy of the United States remains, however, the militarist and war-mongering strategy expressed in last month’s National Security Strategy, pledging to “win the competition for the 21st century” through trade war, military threats and the massive buildup of military spending.
Nolte: NBC News Projects GOP Wins House of Representatives 219-216
In its latest projection, far-left NBC News says the Republican party will narrowly win the House of Representatives by a narrower than narrow 219 to 216 margin.
If this projection holds, that will bring about a big sigh of relief and one of the rare bright spots in an otherwise disappointing midterm result for the GOP.
What was supposed to be a GOP wave — one I was sure of — turned out to be anything but.
When it was all over, Democrats potentially increased their hold on the all-important U.S. Senate by one seat. Democrats could cement that increase if current Democrat U.S. Senator Raphael Warnock wins Georgia’s December runoff against Republican Herschel Walker. Last week, Warnock did beat Walker by nearly a full point. Because no one topped 50 percent in that race, the state requires a runoff.
A nightmare scenario would give Democrats 51 U.S. Senate seats and control of the House of Representatives. If Democrats win 51 Senate seats, Democrats will not need both U.S. Sens. Joe Manchin (D-WV) and Krysten Sinema (D-AZ) to pass legislation. That could almost certainly mean the end of the filibuster that both Manchin and Sinema refuse to kill.
Without the filibuster, the Senate could pass whatever insanity it chose — including expanding the Supreme Court, socialized medicine, and heaven knows what all — and a Democrat-led House would rubber stamp it, all of it, everything.
At least with the House under GOP control, there will be a check on the lunacy about to come out of the Senate.
Keep in mind that NBC already blew one House projection. Three days ago, NBC predicted the Republican party would win the House with a much safer margin of 222 to 212 seats.
So.
Until current House Minority Leader Rep. Kevin McCarthy (R-CA) — or whoever — is handed that gavel by current House Speaker Nancy Pelosi (D-CA), nothing is certain in this insane election season.
Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.
This post has been updated.
Global Capitalism: After the Elections: Now What?
“I think it’s safe to say now that the Oversight investigation into Hunter Biden, is now shifting to an investigation of Joe Biden,” Comer told Hannity.
Dan Bongino: How much worse is it going to get?
Mark Levin on midterm elections: What about the red wave?
https://www.youtube.com/watch?v=5fhkvbocrmk
Global Capitalism: After the Elections: Now What?
VIDEO EXPOSE
Chris Hedges | DANGERS of Facebook and Surveillance Companies
Was the election on the up and up, fair and square, free of fraud? Who knows? George Soros, just one of the mega-donors to the Democrat party, spent $128 million! (Remember also that Mark Zuckerberg spent $400 million in 2020.)
SERVING RED CHINA: THE BIDEN CRIME FAMILY AT WORK..... just not for America
Tom Cotton: This makes China dangerous
Chinese had the 'front door' with Hunter Biden: Rep. Darrell Issa
https://www.youtube.com/watch?v=-QiArczr2FE
Is that not what the Democrat Party has created right here n America, transforming a once prosperous, strong, united, and safe nation into a debt-laden, militarily weak, socially divided, and increasingly dangerous society? Here are some of the Bizarro policies and beliefs inflicted on us by the neo-socialist, globalist, anti-American Democrat Party over the past few decades — PAUL E. SCATS
“Joe Biden is great on immigration. I guess depends on your
perspective. If you’re a human trafficker, or drug dealer, you’d
give him an A-plus, but theAmerican people would give him an
F. The crisis at our border was not only entirely predictable,
it was predicted. I predicted that if you campaign all year long
on open borders, amnesty, and health care for illegals, you’re
going to get more migrants at the border. That’s what’s
happened since the election.”
SEN. TOM COTTON
Left-Wing Salon: Biden Was ‘Biggest Negative’ for Democrats in Midterms, Would Be ‘Disaster’ in 2024
The time has come to “move on” from President Joe Biden, according to a recent Salon piece that argues the president served as a “drag” on Democrats during last week’s midterm election and that Democrats won in the midterm elections “despite Biden, not because of him,” adding that a 2024 presidential run by Biden would be a complete “disaster.”
The Saturday essay — titled “Biden was a drag on the Democrats in the midterms: He’d be a disaster in 2024” — was penned by frequent Salon contributor Norman Solomon, who founded the Institute for Public Accuracy (IPA), which is reportedly funded by George Soros’ Open Society Foundations.
“Momentary good feelings are understandable, but Biden was the biggest negative for Democrats. It’s time to move on,” the essay’s subheading reads.
The author begins by asserting that “no amount of post-election puffery about Joe Biden can change a key political reality: His approval ratings are far below the public’s general positivity toward the Democratic Party.”
“Overall, Democrats who won in the midterm elections did so despite Biden, not because of him,” Solomon writes.
“He’s a drag on the party, a boon to Republicans, and — if he runs again — he’d be a weak candidate against the GOP nominee in the 2024 presidential campaign,” he added.
Citing an NBC News Tuesday exit poll that found two-thirds of voters “do not want Biden to run for president again in 2024,” the author claimed the fact is “nothing new.”
“Biden’s low public-approval ratings have been longstanding,” he writes, adding that the “gap between Biden’s approval ratings and those of his party underscores what a massive drag he is on Democratic electoral prospects.”
Solomon also slammed the president for offering a “willingness to compromise with the right-wing Republican leadership” given that bipartisanship is “exactly what we don’t need, in the face of extremist Republican demagogues who are determined to keep dragging the goalposts — and the country — further rightward.”
He then calls attention to a recent Politico assessment of Biden’s impacts on the midterms which “contrast to the current fad of adulation for Biden” in a good part of corporate media:
“It’s hard to argue that Democrats overperformed on Tuesday because of Biden rather than in spite of him,” the article states. “His approval rating, hovering around 41 percent, is dismal — and has been all year.”
“He’ll turn 80 this month, and earlier this year, a majority of Democrats polled said they’d prefer someone else to be the party’s nominee,” it added.
Solomon called it “crucial” to boost pressure on President Biden in the coming months to “step aside,” and consequently has joined the organizing team of the “Don’t Run Joe” campaign by progressive Democrat group “RootsAction,” which urges the Democratic Party not to nominate President Biden for reelection in 2024.
Calling for “grassroots activism,” the author concludes by asserting that Biden “should not be the Democratic Party’s presidential nominee,” and if he were to run for reelection, “the outcome will likely be disastrous.”
The piece comes as polls show Democrats don’t want the president to run again in 2024.
Some have pointed to the president’s advanced age and dismal approval ratings, while others have alleged he lacks a “consistent tone of anger and outrage” over what is at stake during the current moment in American politics.
On Wednesday, New Hampshire Democratic State Representative Sherry Frost expressed her lack of confidence that Biden is the “leader we need to take us into the next term,” adding that “someone else” is needed to “champion the big and systemic changes we need to continue to strive toward our more perfect union.”
Follow Joshua Klein on Twitter @JoshuaKlein.
Pelosi Says Biden Should Run in 2024 – ‘He Has Been a Great President’
House Speaker Nancy Pelosi (D-CA) said Sunday on ABC’s “This Week” that she fully supports President Joe Biden should he run for reelection in 2024.
Anchor George Stephanopoulos asked, “Do you think President Biden should run again?”
Pelosi said, “Yes, I do. President Biden has been a great president for our country. He has accomplished so much. Over 10 million jobs under his leadership, working with the private sector, of course. He has just done so many things that are so great we would need a lot more show to talk about it. He’s put money in people’s pockets, vaccines in their arms, children back to school, people back to work, for starters, creating 10 million jobs. He’s made America independent by passing the CHIPS bill, that says we’re no longer reliant on those who withhold products that enable us to manufacture in our country.”
She continued, “I just saw him make the speech in Egypt where he spoke about America’s commitment to preserving the planet with legislation, the IRA, $368 billion in good-paying green jobs, clean air and clean water for our children, national security issue to stop migrations and competition for habitat and food as well as honoring our responsibility to future generations.”
Pelosi added, “He has been a great president. He has a great record to run on.”
Follow Pam Key on Twitter @pamkeyNEN
WH’s Deese: ‘There Can Be Bumps in the Road’ on Inflation, I Won’t Say It’s Peaked
On Thursday’s broadcast of CNBC’s “Closing Bell,” National Economic Council Director Brian Deese said that while the October inflation report is welcome, “there can be unexpected setbacks. There can be bumps in the road” and he’s not willing to say inflation has peaked.
Deese stated, “I think that it is welcome that we’re seeing some deceleration, certainly, and absolute price declines in certain goods categories as well. And, at the same time, we have to keep at this and stay focused on needing to see those price declines persist across time. And certainly, there can be unexpected setbacks. There can be bumps in the road. And so, we’re going to, as we say, even in the months where we see more welcome data and also less-welcome data, you never want to over-index too much on any individual one month of data. So, we’ll try to keep looking in the aggregate. But I do think that if you look across the economy, you are seeing some important signs of the resilience of the economic recovery in the labor market and in the broader economy, while we’re also seeing some reduction in price pressures as well. That’s the dynamic we want to see continue. It’s the dynamic that the president has been talking about for some time now, this transition to more steady, stable growth. And so, that’s certainly what we want to see, and certainly, this data gives us more confidence that that’s what we will see going forward.”
Host Sara Eisen then asked, “So, it sounds like you’re not willing to say we’ve peaked?”
Deese responded, “I think I’m willing to say exactly what we’re seeing, which is we are seeing moderation and deceleration in these numbers and we’re seeing it in some areas that, I think, are good indications of what may come as well. The future is uncertain. We face a complicated global environment. And so, at both the headline and the core, we’re just going to stay focused on what we can control. The good news is that some of the things that we’re seeing, for example, on health care — health insurance, on prescription drug prices, on energy prices, policies that we have already enacted are going to start to take effect and help to provide additional price reductions here in the next set of weeks and months. So, that’s a positive as well.”
Follow Ian Hanchett on Twitter @IanHanchett
WATCH: Joe Biden’s Senior Moment of the Week Vol. 19
'Whoops! Stepping on a … there's a … it's black!'
Thaleigha Rampersad and Andrew Stiles • November 11, 2022 4:40 pmPresident Joe Biden's party managed to avoid a midterm shellacking on Tuesday, which means he's even more likely to run for reelection unopposed in 2024.
That's bad news for the country, but great news for fans of Biden's "senior moments." This week, for example, the sludge-brained commander in chief touted his efforts to "quote: help turbocharge" the "clean enerny" economy, and slammed critics who accused him of being "apalapakehpakapakacapa."
Biden, who turns 80 on Nov. 20, struggled to remember basic things like whether he is president of the United States or still serving in the U.S. Senate. He once again conflated the war in Ukraine and war in Iraq and nearly suffered a fall while giving a speech in New York.
"Whoops! Stepping on a … there's a … it's black!" he said inscrutably. (Context: Falls are the leading cause of injury-related death among adults age 65 and older.)
Have a great weekend!
BIDEN SENIOR MOMENT ARCHIVES:
WATCH: Biden's Senior Moment of the Week Vol. 1
WATCH: Biden's Senior Moment of the Week Vol. 2
WATCH: Biden's Senior Moment of the Week Vol. 3
WATCH: Biden's Senior Moment of the Week Vol. 4
WATCH: Biden's Senior Moment of the Week Vol. 5
WATCH: Biden's Senior Moment of the Week Vol. 6
WATCH: Biden's Senior Moment of the Week Vol. 7
WATCH: Biden's Senior Moment of the Week Vol. 8
WATCH: Biden's Senior Moment of the Week Vol. 9
WATCH: Biden's Senior Moment of the Week Vol. 10
WATCH: Biden's Senior Moment of the Week Vol. 11
WATCH: Biden's Senior Moment of the Week Vol. 12
WATCH: Biden's Senior Moment of the Week Vol. 13
WATCH: Biden's Senior Moment of the Week Vol. 14
WATCH: Biden's Senior Moment of the Week Vol. 15
WATCH: Biden's Senior Moment of the Week Vol. 16
WATCH: Biden's Senior Moment of the Week Vol. 17
WATCH: Biden's Senior Moment of the Week Vol. 18
“Protect and enrich.” This is a perfect encapsulation of the
Clinton (LAWYERS-2) Foundation and the (LAWYERS-2)
Obama book and television deals. Then there is the Biden
(LAWYERS-3) family corruption, followed closely behind by
similar abuses of power and office by the (LAWYER) Warren
and Sanders families, as Peter Schweizer described in his recent
book “Profiles in Corruption.” These names just scratch the
surface of government corruption (YOU CAN ADD LAWYER KAMALA HARRIS
AND LAWYER CHUCK SCHUMER TO THE PANTHEON OF DEMOCRAT BRIBES SUCKING
CORRUPT LAWYER POLITICIANS!). BRIAN C JOONDEPH
The level of 'corruption' in our government is 'unacceptable': JD Vance
https://www.youtube.com/watch?v=mpa0w4A87Ao
THE BIDEN CRIME FAMILY
THE TRAGEDY OF AMERICA: JOE BIDEN
Game Over
https://www.youtube.com/watch?v=LoR5xUFoiV8
HOCKING VIDEO ON THE BIDEN CRIME FAMILY!
'WHEN HE WAS VP' Hunter DEMANDS 'dad''s CHARGES after 'Mexican' email...Obama
https://www.youtube.com/watch?v=1iXw0Xpjrhk
Chinese had the 'front door' with Hunter Biden: Rep. Darrell Issa
https://www.youtube.com/watch?v=-QiArczr2FE
Is that not what the Democrat Party has created right here n America, transforming a once prosperous, strong, united, and safe nation into a debt-laden, militarily weak, socially divided, and increasingly dangerous society? Here are some of the Bizarro policies and beliefs inflicted on us by the neo-socialist, globalist, anti-American Democrat Party over the past few decades — PAUL E. SCATS
I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers (war profiteer, Sen. Dianne Feinstein was first to endorse Biden's run for the White House for obvious reasons) driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, dragging us ever closer to nuclear war. TULSI GABBARD
A REPUBLICAN SENATE MEANS JOE BIDEN IS SENT TO A HOME OR GITMO!
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