Showing posts with label Geopolitics. Show all posts
Showing posts with label Geopolitics. Show all posts

Thursday, March 31, 2016

Like the US, China wants a national electricity grid. Unlike the US, China’s just building it.

Vox
http://www.vox.com/2016/3/30/11332900/china-long-distance-transmission
Updated by David Roberts on March 30, 2016, 3:00 p.m. ET

Wind and sunlight are often concentrated in sparsely populated, remote areas. Getting wind and solar power to the population centers where it's needed involves building long-distance power lines. Lots of them.

Earlier this week I wrote about a new long-distance power line in the US and the long, slow path it took to win approval. It was proposed in 2009; construction is expected to begin next year and finish in 2020. Like everything involving electricity in the US, it had to navigate a skein of overlapping jurisdictions, multiple state and local authorities, and federal rules. Every landowner and stakeholder had their say.

So I chuckled when I ran across this Reuters headline yesterday: "China pushes for mandatory integration of renewable power." That's the other way to do it!

Thursday, March 17, 2016

What Donald Trump Gets Pretty Much Right, and Completely Wrong, About China

Neil Irwin  @Neil_Irwin MARCH 17, 201

The New York Times

If there is one thing Donald Trump seems sure about, it is that the United States is getting a raw deal from China.

To people who spend time studying the United States’ economic relationship with China, Mr. Trump’s accounting of its dysfunctions contains both legitimate, accurate complaints and elements that completely misstate how things work between the world’s largest and second-largest economies.

“They’re killing us,” Mr. Trump has said in many debates, rallies and television appearances. He has threatened to put a 45 percent tax on Chinese imports “if they don’t behave.”

If you take Mr. Trump’s comments at face value, as president he would try to renegotiate a complex set of ties that has pulled hundreds of millions of Chinese out of dire poverty, made a wide range of goods available to American consumers at more affordable prices and contributed to the decline of American manufacturing.

Tuesday, March 15, 2016

U.S. confirms death of ISIS operative Omar al-Shishani

Barbara Starr-Profile-Image
By Barbara Starr, CNN Pentagon Correspondent
Updated 2224 GMT (0624 HKT) March 14, 2016

CNN International

Washington (CNN)Two U.S. officials told CNN that the Obama administration has confirmed that ISIS senior operative Omar al-Shishani is dead.

The officials said he was injured in a U.S. airstrike last week and then died subsequently, though they wouldn't say how they know he is dead.

The initial U.S. assessment was that he was "likely killed" in the strike, but further assessments led them to understand he had been injured and only later died.

He was killed along with 12 additional ISIS fighters in a wave of strikes by drones and manned aircraft.

Since then, CNN has learned that Shishani was at a "shura," or meeting with other officials, at the time of the strike. U.S. officials had emphasized at the time it was publicly announced that they were not certain of his death and were assessing whether the strike killed him.

Saturday, March 12, 2016

China Weighs Letting Banks Sell Bad Debt to Investors

By CHRIS BUCKLEYMARCH 12, 2016

The New York Times


BEIJING — China is exploring a new way to grapple with its mounting pile of bad corporate debt, though its top central banker sought on Saturday to dispel worries that the plan would simply shift the burden to other parts of the country’s vast economy.

Under the tentative proposal, Chinese officials would allow banks saddled with growing quantities of bad loans to sell that debt to investors, said Zhou Xiaochuan, the governor of the People’s Bank of China. The goal is to help alleviate one of the major drags on China’s economy, the world’s second largest after the United States’ and a major driver of global growth.

But Mr. Zhou and a deputy central bank governor, Pan Gongsheng, said they would take steps to make sure the effort did not create the kind of risk-laden financial products that played a major role in the 2008 global financial crisis. The effort would be modest, regulators would monitor it closely, and mom-and-pop investors would be kept out, they said.

“There’s no need to exaggerate,” Mr. Zhou said at a news conference held as part of China’s annual legislative session in Beijing. “There’s not certainty that this would be a very big market.”

Thursday, March 10, 2016

China’s Outflows of Money Slowed in February



By KEITH BRADSHERMARCH 7, 2016

The New York Times

HONG KONG — Few economic statistics have gone as quickly from obscurity to the center of attention from international financial markets lately as China’s foreign currency reserves, widely seen as the best barometer of how long China can avoid a possible devaluation someday of its own currency.

Monthly changes in the reserves these days mainly reflect how much money is being sent out of the country by Chinese companies and families nervous about the country’s economic slowdown and sweeping anticorruption investigations. Over the last five weeks, the Chinese government has waged an aggressive campaign to stem the outflow, through almost daily pledges by officials not to devalue and through much tighter enforcement of the rules on sending money overseas.

America's B-2s Sent To Deter China While B-52s Take On ISIS


By Tyler Rogoway
Yesterday 6:46pm
http://foxtrotalpha.jalopnik.com/americas-b-2s-sent-to-deter-china-while-b-52s-take-on-i-1763849735
Washington is moving around its heavy bombers like chess pieces as it attempts to deal with growing threats around the globe. B-52s are already deployed to Spain, but others will also take over for the B-1 as the U.S. Air Force’s ISIS pounding precision bomb truck. In the Indian Ocean, B-2 stealth bombers will be heading to American island outpost Diego Garcia to project power across Asia.

Diego Garcia, which is located with the British Indian Ocean Territories, was a bustling epicenter for USAF bombers and tankers during the wars in Afghanistan and Iraq. Today its airfield is far less active but the island remains a strategic outpost for the US and its allies.

The B-2s’ deployment to Diego Garcia comes as tensions are higher than ever in the South China Sea. Just last week the U.S. Navy sailed a carrier strike group into the heart of the disputed body of water, once again challenging Beijing’s blanket claim on the territory.

North Korean saber rattling has also come to a crescendo with proclamations that the rogue nation is readying its nuclear arsenal for a preemptive strike on South Korean and American forces taking part in the annual bilateral “Foal Eagle” war games.

Opinion: China's military is gearing up to compete with the U.S.



By Yvonne Chiu
Updated 0206 GMT (1006 HKT) March 10, 2016

CNN

Hong Kong (CNN)China's military is sending strong signals that it's gearing up to compete with the U.S. as a global superpower, engaging in a multi-faceted reform effort to modernize and professionalize its military.

One of the most significant developments is China's plans to establish an overseas military base—which would be contemporary China's first—in Djibouti. Construction started last month.

Friday, March 4, 2016

The U.S. just sent a carrier strike group to confront China

By David Larter, Navy Times 11:41 p.m. EST March 3, 2016

Navy Times

The U.S. Navy has dispatched a small armada to the South China Sea.

The carrier John C. Stennis, two destroyers, two cruisers and the 7th Fleet flagship have sailed into the disputed waters in recent days, according to military officials. The carrier strike group is the latest show of force in the tense region, with the U.S. asserting that China is militarizing the region to guard its excessive territorial claims.

Stennis is joined in the region by the cruisers Antietam and Mobile Bay, and the destroyers Chung-Hoon and Stockdale. The command ship Blue Ridge, the floating headquarters of the Japan-based 7th Fleet, is also in the area, en route to a port visit in the Philippines. Stennis deployed from Washington state on Jan. 15.

Thursday, March 3, 2016

The U.S. and India are deepening military ties — and China is watching


The Washington Post

By Dan Lamothe March 2 at 2:57 PM

The U.S. military’s top officer in the Pacific urged Indian officials Wednesday to pursue even closer military ties with the United  States — part of a broader effort by the Pentagon to strengthen a relatively new partnership in the region, as China expands its military footprint in ways that alarm its neighbors.

Adm. Harry Harris, commander of U.S. Pacific Command, said that  expanded cooperation between the United States and India will not only be critical to Washington’s re-balance toward the Pacific, but “will arguably be the defining partnership for America in the 21st century.” He said he shared a vision with U.S. Ambassador to India Richard Verma that Indian and U.S. naval vessels will soon steam together “as we work together to maintain freedom of the seas for all nations.”

Wednesday, March 2, 2016

Philippine officials say China blocked access to disputed South China Sea atoll

Wed Mar 2, 2016 6:39am EST Related: WORLD, CHINA, SOUTH CHINA SEA
MANILA | BY MANUEL MOGATO

Reuters

China sent several ships to a disputed atoll in the South China Sea, preventing Filipino fishermen from accessing traditional fishing grounds and raising tensions in the volatile region, Philippine officials said on Wednesday.

China had sent as many as seven ships to Quirino Atoll, also known as Jackson Atoll, in recent weeks, said Eugenio Bito-onon Jr, the mayor of nearby Pagasa Island in the Spratly Islands.

The Spratlys are the most contested archipelago in the South China Sea, a resource-rich region and critical shipping lane linking North Asia to Europe, South Asia and the Middle East.

"This is very alarming, Quirino is on our path when we travel from Palawan to Pagasa. It is halfway and we normally stop there to rest," Bito-onon Jr told Reuters.

U.S. warns China on militarization of South China Sea

Wed Mar 2, 2016 2:59am EST Related: WORLD, CHINA, AEROSPACE & DEFENSE, SOUTH CHINA SEA

SAN FRANCISCO | BY ANDREA SHALAL

Reuters

U.S. Defense Secretary Ash Carter on Tuesday warned China against "aggressive" actions in the South China Sea region, including the placement of surface-to-air missiles on a disputed island.

"China must not pursue militarization in the South China Sea," Carter said in a wide-ranging speech at the Commonwealth Club in San Francisco. "Specific actions will have specific consequences."

Asked what the consequences could be, Carter told reporters the U.S. military was already increasing deployments to the Asia-Pacific region and would spend $425 million through 2020 to pay for more exercises and training with countries in the region that were unnerved by China's actions.

He said China's behavior had fueled trilateral agreements that would have been "unthinkable" even a few years ago.

Are investors starting to not care about China?

Seema Mody
2-3-2016
11 Hours Ago

CNBC

The news out of China, bad or good, just doesn't seem to have as much bite anymore.

Sure, downbeat Chinese economic data on the first day of trading in 2016 ignited a global market sell-off. But as the year has worn on, the impact is diminishing.

Tuesday's disappointing manufacturing data showing activity at Chinese factories in February contracted and was at the lowest level since November 2011 didn't translate into higher stock market volatility or investor angst. In fact, U.S. markets surged as traders' focus turned elsewhere.

Similarly, news to start the week that China's central bank was cutting reserve requirements failed to generate a rally, as monetary easing otherwise might.

Tuesday, March 1, 2016

What China Has Been Building in the South China Sea

By DEREK WATKINS
UPDATED February 29, 2016

China has placed runways and radar facilities on new islets in the South China Sea, built by piling huge amounts of sand onto reefs. The construction is straining already taut geopolitical tensions

The New York Times

The speed and scale of China’s island-building spree in the South China Sea last year alarmed other countries with interests in the region. After announcing in June that the process of building seven new islands by moving sediment from the seafloor to reefs was almost done, China has focused its efforts on building ports, three airstrips, radar facilities and other military buildings on the islands. The installations bolster China’s foothold in the Spratly Islands, a disputed scattering of reefs and islands in the South China Sea more than 500 miles from the Chinese mainland.
China’s activity in the Spratlys is a major point of contention between China and the United States, and has prompted the White House to send Navy destroyers to patrol near the islands twice in recent months.

China's PMI Reports Show Slowdown Deepening as Services Slip

  Bloomberg News
March 1, 2016 — 3:01 AM EET Updated on March 1, 2016 — 9:11 AM EET

Bloomberg

China's factory gauge extended its stretch of deteriorating conditions to a record seven months while a measure of services fell to the weakest in seven years, underscoring the challenge for policy makers as they seek to cut overcapacity in manufacturing without derailing growth.
The manufacturing purchasing managers index dropped to 49 in February, missing the median estimate of 49.4 in a Bloomberg News survey of economists. It hasn’t been weaker since January 2009. Numbers below 50 indicate conditions worsened. In a sign China’s slowdown is spreading, the non-manufacturing PMI -- which has been outperforming the factory measure -- fell to the lowest level since December 2008.

Saturday, February 27, 2016

Truce halts most Syria fighting; Russia stops flights

Sat Feb 27, 2016 7:48am EST Related: WORLD, UNITED NATIONS, SYRIA

BEIRUT | BY TOM PERRY AND MARIAM KAROUNY

Reuters

Fighting mostly stopped across western and northern Syria on Saturday and Russia halted its air raids, under a cessation of hostilities which the United Nations called the best hope for peace since civil war began five years ago.

Under the U.S.-Russian accord accepted by President Bashar al-Assad's government and many of his enemies, fighting should cease so aid can reach civilians and talks can open to end a war that has killed more than 250,000 people and made 11 million homeless.

Russia, which says it intends to continue strikes against areas held by Islamist fighters that are not covered by the truce, said it would suspend all flights over Syria for the day on Saturday to ensure no wrong targets were hit by mistake.

The Russia-Armenia alliance is threatening Turkey, a critical U.S. ally

The Washington Post

February 26 at 5:35 PM
The Feb. 21 front-page article “For Turkey, high stakes as troubles intensify” highlighted a critical development: The growing military alliance between Russia and Armenia is threatening Turkey, an indispensable U.S. ally and partner in the fight against the Islamic State.

Wednesday, February 24, 2016

Questions Linger Over Russia’s Endgame in Syria, Ukraine and Europe

By NEIL MacFARQUHARFEB. 23, 2016

The New York Times

MOSCOW — The partial truce that Russia and the United States have thrashed out in Syria capped something of a foreign policy trifecta for President Vladimir V. Putin, with the Kremlin strong-arming itself into a pivotal role in the Middle East, Ukraine floundering and the European Union developing cracks like a badly glazed pot.

Beyond what could well be a high point for Mr. Putin, however, lingering questions about Russia’s endgame arise in all three directions.

Monday, February 22, 2016

China signals no South China Sea backdown as foreign minister goes to U.S.


Mon Feb 22, 2016 4:27am EST
BEIJING | BY BEN BLANCHARD

Reuters

China's South China Sea military deployments are no different from U.S. deployments on Hawaii, the Chinese Foreign Ministry said on Monday, striking a combative tone ahead of a visit by Foreign Minister Wang Yi to the United States this week.

The United States last week accused China of raising tensions in the South China Sea by its apparent deployment of surface-to-air missiles on a disputed island, a move China has neither confirmed nor denied.

Sunday, February 21, 2016

China's Pivot To Latin America: Beijing's Growing Security Presence In America's Backyard

FEB 20, 2016 @ 08:40 PM 3,030 VIEWS

Paul Coyer , CONTRIBUTOR
I cover foreign policy with a focus on Eurasia.

FORBES

China’s extremely ambitious efforts under Xi Jinping to extend its reach around the globe and to put its economic clout to work aggressively pursuing its strategic goals have had considerable impact on Latin America. As I’ve written previously, the nature of Chinese economic engagement with Latin America, despite having some beneficial aspects, has also had long term negative economic and normative effects in the region and has strengthened anti-American regimes. China’s growing military presence in the region is having a similar effect, and, although it is still relatively limited, is serving to undermine, aided by Washington’s neglect, the United States’ strategic position in its own Hemisphere.

Saturday, February 20, 2016

NATO's support for Turkey is not unconditional

NATO warns Turkey it can't count on support in a conflict with Russia as tensions escalate
European diplomats warned that Ankara cannot invoke Article 5
Germany says that NATO cannot 'pay the price for a war started by Turks'
Turkey has called for international ground operation in Syria
Russia called Security Council meeting to halt Turkey's shelling of Kurds

By GIANLUCA MEZZOFIORE FOR MAILONLINE
PUBLISHED: 13:06 GMT, 20 February 2016 | UPDATED: 14:45 GMT, 20 February 2016

Daily Mail