Seeing through U.S. paper tiger? China and Russia pinned Biden in high profile
According to advance planning, the two-day talks in Alaska were divided into three rounds. The first Time the Chinese Communist Party and the U.S. side to talk originally wanted to break the ice, wanting to beg the United States to lift sanctions, but now it has become a bold challenge to the United States, open real fist to hit each other hard. Blinken hit the Communist Party to the heart of the matter, bringing up Xinjiang, Hong Kong, Taiwan, cyber attacks on the United States, and the Communist Party’s coercion of U.S. allies. Yang Jiechi immediately retorted.
The World Journal editorial said that the Chinese Communist Party came prepared this time, probably due to internal needs, so it is determined to openly challenge the United States. Beijing seems to think that the U.S. is already a paper tiger because of the serious Epidemic and political division, that openly challenging the U.S. does not represent the international community, that the democratic election system has made people lose confidence, and that the U.S. is massacring African-Americans.
The Chinese Communist Party’s tough performance may also be related to Biden’s accusation of Putin as a “killer” on the 17th, which triggered Putin to recall his ambassador to the U.S. in protest and insinuate that Biden’s health is ill and he wants to challenge Biden’s video debate alone. U.S.-Russian relations are at a low ebb, giving the Chinese Communist Party the opportunity to join Russia in attacking the United States.
President Trump has been soft on Russia and hard on Beijing. Now that Biden seems to be forcing Beijing and Moscow together, it will be interesting to see if Biden is as bold as Trump, or if he is just too bold to do what he says. And will the “Alliance for Democracy through Science and Technology” be more powerful in containing the Chinese Communist Party?
The New Romance of the Three Kingdoms: The Chinese Communist Party is Cao Wei, but the U.S. and Russia are not Shu, Han, and Dong Wu
Recently, an article in “The View” said that Putin is the target of Biden’s attack to divert the US and the West from the Chinese Communist Party, but Putin is smart enough not to fall for it.
Biden was interviewed by “ABC” on the 17th, EST, when he targeted Russia and threatened sanctions, saying “Putin tried to get himself defeated in last year’s U.S. presidential election” and that he would “pay the price” for it; “ABC” added fuel to the fire by asking if he thought ABC” with the fire to ask whether they think Putin is “executioner”, Biden replied “yes”.
Russia was furious and recalled its ambassador to the U.S. that night; Putin even chided Biden, “You’re talking about yourself,” which could be taken as a reference to the Democratic Party’s massive election fraud. The next day Putin said on Russian television that he “wished him (Biden) good health” and said there was no need to sour him or joke. Putin also pointed out that Moscow will not break off relations with Washington, but will cooperate with the United States under conditions “favorable” to Russia.
The next 18 days of U.S.-China talks, the first formal diplomatic contacts between the U.S. and China since Biden took office, were apparently suppressed by the Chinese Communist Party’s “War Wolf diplomacy,” with none of the forcefulness of the Trump Administration and the concessions of the Chinese Communist Party.
Biden has previously stated that the relationship with the CCP is one of “both competition and cooperation,” but the CCP is ungrateful and does not give face. Biden’s emphasis on multilateral cooperative diplomacy goes back to the Obama era, and the CCP’s treatment of Biden may be even worse than Obama’s.
To recall the G20 summit held in Hangzhou, China in September 2016, U.S. Air Force One landed at the airport, but the Chinese Communist Party sent a driver who did not understand English to bring the passenger lift truck, and a dispute occurred between the two sides; as a result, Obama could not exit the plane through the main door to walk the red carpet, and had to come out through a small door in the belly of the plane from the self-contained folding ladder.
Afterwards, Chinese security officials used a barrier to keep the White House press corps outside so they could not get close enough to photograph Obama, and even National Security Advisor Susan Rice was blocked by Chinese officials. A Chinese Communist official shouted to a White House official, “This is our country, this is our airport”! This image was also repeatedly shown in the Chinese Communist media to promote the momentum of the Chinese Communist war wolves.
On September 3, 2016, Obama arrived on Air Force One for the G20 in Hangzhou, China, and was humiliated by China into taking the folding ladder off the plane through a small door in the belly.
U.S.-China Talks Coincide with Communist Chinese Banks Bringing in Wall Street Firms as Strategic Investors
On the very day of this explicit exchange of U.S.-China negotiations, news emerged in the mainland financial sector related to U.S. Wall Street firms.
In the evening of March 19, China Merchants Bank announced that its wholly-owned subsidiary, China Merchants Bank Wealth Management, intends to introduce “J.P. Morgan Asset Management” as its external strategic investor.
According to the announcement, the strategic investor will contribute approximately RMB 2.667 billion, of which approximately RMB 556 million will be included in the registered capital of China Merchants Bank. After the completion of the capital increase, China Merchants Bank will hold 90% of the shares and the strategic investor will hold 10%.
It is reported that the strategic investor introduced is the asset management segment of J.P. Morgan Group, the investment arm and main operating entity in Asia, in which J.P. Morgan Group indirectly holds 100% equity.
On the same day, the CBRC issued the “Implementing Rules on Amending the Regulations Governing Foreign Insurance Companies” to further clarify the admission criteria for foreign insurance group companies and foreign financial institutions to invest in foreign insurance companies.
Prior to the amendment, the foreign shareholders of foreign insurance companies were limited to foreign insurance companies. After the amendment, the number of foreign shareholders who can invest in the company is increased to three categories, namely foreign insurance companies, foreign insurance group companies and other foreign financial institutions. At the same time, it is further stipulated that the sole or major foreign shareholder of a foreign insurance company shall be a foreign insurance company or a foreign insurance group company.
In addition, the CPC Central Bank and Insurance Regulatory Commission issued a document to remove the restriction on the ratio of foreign investment in joint venture Life insurance companies, and this amendment removes the restrictive provisions on the foreign shareholding ratio in the implementation rules.
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