The U.S. election is still stuck in a swamp. With the leftist media overwhelmingly supporting Biden, an interview with Yu Maochun, Secretary of State Mike Pompeo’s chief China policy advisor, by the Voice of America (VOA), which has already called Biden “the president-elect,” is particularly eye-catching. Yu Maochun acknowledges that “Trumpism does exist, and it is mentioned very loudly. He summarized the three characteristics of “Trumpism” as reflecting the authoritarian regime of the Chinese Communist Party’s Xi Jinping: “The current administration has led the world in a strategic redefinition of Communist-run China. This redefinition is one of the greatest contributions of the current administration”.
According to Yu Maochun, there has been a fundamental change in the Trump doctrine on China policy, from trust to mistrust, “based on the fact that the Chinese Communist Party is basically dishonest on issues such as Hong Kong, domestic human rights issues, the South China Sea, and a host of other issues. He said, “The biggest difference between dealing with China’s challenge to the world and the Soviet Union’s challenge to the world is that the U.S.-Soviet confrontation was very clear and distinct. The Soviet Union and the United States led two different worlds. Unlike China, China is inextricably tied to the free world that it wants to monopolize. The free world has a lot of loose ends, a lot of open ends that the CCP can exploit.”
The ultimate goal of Trump’s China policy “is to protect the continued existence of democracy and freedom around the world against authoritarianism and dictatorship,” which “responds to the American people’s more realistic understanding of the CCP’s nature and behavior in an open and free society,” according to Yu Maochun, so Trumpism’s policy philosophy is “basically irreversible” after the U.S. election.
The Benefits of RCEP Should Not Be Overstated
On November 15, 15 Pacific countries, including China, formally signed the Regional Comprehensive Economic Partnership (RCEP) agreement. However, many experts point out that the economic benefits of RCEP should not be overstated, because compared to other regional trade agreements, RCEP has a lower threshold, the agreement needs to be ratified by governments within two years before it can take effect, and some tariffs may need to wait one to two decades before they can be reduced to zero. This is certainly a breakthrough for China’s struggling economy, but it will only benefit the sales of agricultural and industrial products, and not the cutting-edge technology or products that China desperately needs.
More influential in China is the Jack Ma case. It was Xi Jinping himself who reportedly prevented Ant Financial from creating the largest IPO in history. With 700 million Chinese now using Ant Financial Services, a government free of financial monopoly has taken shape that Xi sees as a “financial coup. Regardless of whether Ma’s October 24 speech was a paranoid speech about the financial system, the fate of Ant Financial Services is doomed.
Another social concern is that Hebei private entrepreneur Sun Da Wu and the Da Wu Group, which he founded, were nested by Hebei special police on the 11th. Sun Dawu’s wealth is only in the country’s top 500 private companies, but his ideology is to align himself with the democratic wing of the party. A friend of his alternative princeling party sent a letter: “Because Dawu can think independently, not blindly, have a sense of justice, a sense of right and wrong, have ideas, have courage, have believers, have listeners, have masses of people, deadly is also capital. This is without a doubt absolutely the biggest and biggest enemy of the party and state, and now money is tight, so also a total of your property, which is the blood and sweat of all the workers of the Da Wu Group!
On the 13th, the Chinese Immigration Bureau issued the suspension of passport processing in the name of epidemic prevention and closed 46 ports. Go to the United States to study a doctorate will be expelled without returning to China, from the strict examination of Chinese citizens out of the country, green card Chinese returning to the United States or have trouble. In other news, the party is also aiming at a trillion-dollar MPF, and Hong Kong immigrants will not be able to receive the MPF. It seems that to resist Trumpism, Xi Jinping doesn’t have any big strategy to put in place but to return to Mao Zedong’s closed cliche of stripping and raiding the wealth of his people.
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