Correcting economic concepts about China:
At the beginning, I would like to correct some of the mistakes made by some pretending economists who represent the extremist US agenda about China, especially as trade volume is in China’s interest at an estimated US $ 375 billion, according to the latest official US statistics.
The United States cannot export gas to Europe at the moment and it needs at least 5 to 10 years to complete the construction of the eligible ports, which China is the best builder in the world in this regard with the best economic feasibility according to experts in the field of gas worldwide – China has never built to America such ports for the protectionist attitudes that America is taking in the face of the liberalization of world trade.
Russian and Iranian gas cannot be replaced by American one because the cost is at least 5-10 times higher than that obtained from Russia and Iran.
China has used as we said before, as well as the US news agencies, North Korea file in playing on the topic of tariffs on Chinese exports to America and has already stopped – and America is trying hard and sends its trade secretary to China today “Wilbur Ross” to try to pressure China, as reported by CNBC and CNN, to pass the Korean-US settlement on Singapore’s 12th this month, to achieve any internal gain before Congress and the American people, who are unhappy with Trump’s actions and to break its isolation.
The United States has great fear, according to US and British experts, of China’s “Made in China 2025” project, under which China will be the world’s largest manufacturer of electronics, electric vehicles and high-tech products and America will completely turn away from this field and become a worthless country. Of course, the aircraft and space industry will eventually be hit, especially after large development projects in this regard with the Russians and the Europeans.
The United States fears China’s rejection of its proposals because of its economic strength and it has more than five ways to respond to the United States, the least reciprocated on US agricultural imports, especially alcohol, nuts and soybeans.
China, Japan and France in St. Petersburg:-
It was delightful to see 80 percent of global decision-makers on one platform. Next to them was Christine Lagarde, head of the International Monetary Fund (IMF) – China, Russia’s main strategic ally, whereas China and Russia are united on many issues, especially Iran and North Korea issues, also they had tension with Japan for many years. China, however, is the largest country with liquidity and a basket of foreign currencies, and its Yuan will supersede in the future, and perhaps virtual currencies/Bitcoin will compete.
China has an inspirational and influential left and communist experience – currently has the lowest poverty rates in the world of only 3.5% despite the size of the population and has 1350 million under the care of Social Welfare and Health and enjoy good pensions – the average income of the Chinese citizen is now more than 12400 dollars a year and this is considered big enough based on the real income basis compared to the population, and also because prices in China are the cheapest in the world as an industrial and agricultural country and has not neglected a developmental field for another.
Both Russia and Japan need immigrants because both countries have a demographic crisis, and Japan is on the verge of economic disaster under US pressure to sell arms deals and a US base. On the other hand, the total pensions increase by at least double the state’s revenues from taxes, services and tariffs, as well as low birth rates, according to Japanese reports. In order to complete its growth as the third largest economy in the world, Japan needs energy from Russia – and needs a solution to the Korean crisis that America is using to gain more royalties on its part, which is causing popular pressure on its government. Japan also feels the change of the global compass towards China and Russia.
Russia is the world’s largest country in terms of space and natural resources. It needs development in the majority of Russia’s regions and an efficient and trained workforce so that Russia can complete its path of leadership as a world power player that has already come a long way strategically, scientifically and culturally, and was the best in the war on terrorism and defeat it, especially in Syria. But it still needs more people to maintain this power and wealth, as much as it needs to develop its financial and technological systems and the largest partnership with new partners to benefit from in the failed areas, whether the ally China, or the new allies France and Japan, as much as the same allies of Russian energy and strategic power – Thus it was the reason of Putin’s kidding towards Macron on stage “If you want protection from America, give Russia the chance”.
Even after Trump’s foolish decisions on new tariffs on imports of iron and aluminum from abroad, especially Europe, including France, which represents the European Union as the second largest economy after Germany, as well as Canada and Mexico – makes a spirit of convergence between those affected by these sanctions and makes the same Russian thought, preceded by Iran, in respect of moving to the east and south towards Asia, especially China and the Asian Tigers, Latin America and Africa, to circumvent those sanctions and remove its impact.
America, which is led by a group of Zionist lobbies and lobbies of food, weapons and medicine, will not say energy because the American presidential decisions and their foolishness raised the prices of oil and gas significantly – believe that they can lead the world as it was 30 years ago and until the beginning of this era.
But even the director of the International Monetary Fund (IMF); the latter which is ruining the countries more than reconstructing and reforming, and has made the people of Jordan rise recently to stand and protest against imposing a new fuel tax to meet the country’s indebtedness of $ 35 billion; to admit finally from the St Petersburg platform that the unilateralism, the arrogance and the extreme protectionism have damaged the world economy and damaged the image of the IMF. This time, only partnership and trust have to become the only solution to the world’s economic problems.
Paris Summit of Sino-European Partnership:-
The Sino-European partnership summit will kick off next Tuesday, which brought about 100 million Chinese tourists to Europe last year, which means pumping at least 100 billion Euro in the European coffers, to repair the deficit, especially after the American pressure and NATO practices on European countries in terms of sanctions on Russia, as well as Iran, and the damage they have suffered over the past years because of this intransigence as well as America’s exit from the 5 + 1 nuclear agreement with Iran.
The daily trade volume between China and Europe exceeds one billion euros, more than ten times the transatlantic partnership with the United States, due to various reasons for cooperation on the technological, space, industrial, military, energy, environmental protection and human health – China entered and adhered to the Paris Climate Convention while America because of Trump exited on the pretext that it creates unemployment for the Americans – as the US argument for not entering the Convention were China and India, and after they have entered it, USA is out.
China has the liquidity of what saves the economies of Europe and the deficit in any budget. Especially after the pressure on the euro and threatening of a number of EU countries to exit it, in case that is against the interests of their countries and its stability. Whereas the new Italian government is close to the decision to exit the euro zone, because of the pressures of labor and immigrants and the large deficit that affects its budget and the inability to access this vague value 2% of inflation to stay in it.
China, through its Silk Road initiative, opens the door for all to join its initiative, which has reached the number of about 66 members, including 20 European countries, 16 of them represents Central and Eastern Europe, with which China recently signed an agreement, called the 16 + 1 agreement.
The summit will be attended by 200 of the best Chinese companies and businessmen, with 200 of their analogs in Europe, according to European and Chinese news agencies, indicating the utmost importance and the number of deals that can be held between the Chinese and European continents.
China is a major market for European products, due to China’s high income level, population, and also it is one of the world’s best-selling areas of fast-growing investment, and is being the first economic power by actual standards and not political. China’s strong positions with its allies Russia, Iran and North Korea, and the destruction of all American plans to undermine them together, as observers around the world have noted – China’s full respect for international law, rules of intellectual property and freedom of trade.
It is worthy saying, the increase of foreign manpower from Europe and America in China formally and informally, as managers, supervisors, teachers and trainers in addition to businessmen due to the high salaries of qualified foreigners within China. China’s desire to teach the Chinese people foreign languages and global practices so that they are ready for the first place they have already reached. The most important and strategic need is Europe’s need for a large and respectable alternative that can replace the United States strategically and economically. This is only available in China.
Shanghai Cooperation Organization Summit in Qingdao:-
First of all, I would like to correct what I mentioned earlier that Hebei may host the Shanghai Cooperation Organization SCO summit this month – but in fact it had hosted some preparatory meetings thereof, but fortunately it will be held in one of China’s most important ports, where I taught English last year, the city of Qingdao, Shandong Province.
This summit will be crucial, especially on several aspects, especially the protection and support of China’s and Russia’s allies, Iran and North Korea, and to try to undermine any sanctions they may reach them by concluding greater trade agreements with them and possibly accepting Iran’s active and permanent membership not as an observer anymore.
Decisions on the supremacy of the Chinese currency “the Yuan” which may replace the other currencies in transactions among member countries and local currencies will also be dealt with to strike the so-called US tariffs on imports as a painful reaction to the US economy.
The issue of the Confederation may be raised between Member States and the annulment of the entry visa among the citizens of the permanent members. As well as supporting the projects of economic partnership and free trade in the region of “Eurasia” this Kazakh-Russian project, in which China, Iran and Egypt have entered as alternative tools of protecting member states and attracting and new foreign investors, the matter which is important and common between the St. Petersburg International Economic Forum and the Shanghai Cooperation Organization summit.
There is also a favorable opportunity for rapprochement with Europe after the subject of US tariffs and there is no more favorable opportunity to attract investors from Western Europe to invest among Member States and will help in the European law more than this, and the European law to protect European companies from US sanctions will be re-activated. Perhaps the spokeswoman for the European Union and the French are invited to the summit.
And, of course, the resistance to terrorism, especially from groups that were transferred to Afghanistan called “Da’ash Khorasan” and also to the role of the Taliban in Pakistan and Afghanistan, those groups unfortunately are supported by USA and some GCC countries is also one of the important topics in the summit’s agenda.
What we conclude from the three approaches:-
– America is in a bad and isolated situation, and it is easy to damage it, especially through conferences, summits and blocs that are strategically prepared in advance.
– At one point, Europe will emerge from its infamous aunt America, so as not to be subjected to severe social turbulence, especially with the state of weakness, economic deficit and lack of liquidity. Europe will prefer its personal interests to a partnership that makes it a slave.
– We do not believe NATO membership is necessary, especially after Trump’s attempt to blackmail member states and try to induce them to pay annual membership fees to ease the burden on America. Countries such as Germany and France cannot impose new taxes on their citizens to pay off debts of other countries in eastern and central Europe, especially after the new European labor laws that back employers not employees.
– Macron’s statements since months about the need to form new European strategic forces away from “NATO” and what we witness confirm this.
– Italy and its great threat of withdrawal from the euro zone.
– Search for China and its role in the new alliance drawn up through the Silk Road Initiative, which focuses on Eurasia and Europe with China, which will destroy all American plans in the region over time.
Mr. Ahmed Moustafa
Director of Asia Center for Studies and Translation,
Member of CODESRIA and Group of Strategic Vision Russia and Islamic World Journalists Against Extremism