Steve Bannon: If America Doesn’t Thwart These Five Things, China Will Be a Hegemonic Power
Steve Bannon warned Monday that America’s attention needs to be focused on China, or it will be left behind in the communist country’s wake.
Steve Bannon warned Monday that America’s attention needs to be focused on China, or it will be left behind in the communist country’s wake.
The Chinese Communist government views market power as a weapon for achieving geopolitical dominance, so it comes as no surprise that Beijing is cracking down on Bitcoin and other cryptocurrencies, viewing them as an unacceptable dilution of state power over the economy.
David P. Goldman, who writes for Asia Times under the pen name Spengler, explains in his latest column that “[a] sense of resignation, if not outright defeatism, pervades the Trump White House where China is concerned.” Western elites who once dismissed or downplayed China’s ascendancy as the world’s dominant superpower are now suddenly confronted with its reality.
Contents: China takes control of Sri Lanka’s strategically valuable Hambantota seaport; India reacts to China’s One-Belt One-Road and threat of war over Doklam; Threat of India-China border war at Doklam Plateau grows
Contents: Kenya launches new China-built railway from Mombasa port to Nairobi; China accused of a policy of ‘debt trap diplomacy’ in infrastructure projects
Contents: China’s flagrant snub of Singapore reflects deteriorating ties; India and Singapore launch major naval exercises in South China Sea
Contents: North Korea launches medium-range ballistic missile; North Korean missile launch sends a message to everyone
Contents: China forum launches the decades-long ‘One Belt One Road’ project; Laborers on China-Pakistan Economic Corridor (CPEC) shot dead on Saturday
Trump is sending a delegation to a forum on China’s ambitious cross-Eurasia investment and infrastructure scheme.