On March 22, the same day that Europe and the United States joined forces to impose sanctions on the CCP, Li Keqiang met by video with representatives from outside Europe and the United States at the Great Hall in Beijing. Coincidentally, the countries on the list of speakers at the meeting matched the countries that launched sanctions against the CCP. At the meeting, Li Keqiang again lured European and American companies with economic benefits.
Prior to that, Chinese diplomat Yang Jiechi made tough remarks during high-level talks between the U.S. and China; and in the sanctions war between China and Europe, the CCP ambassadors in Europe also made tough, out-of-line remarks to European countries. Analysis suggests that this is a traditional Chinese Communist Party practice of political threats combined with economic unification, but now the U.S. has begun to “not eat this up.
China’s European ambassadors make tough, out-of-the-ordinary remarks as sanctions war between China and Europe grows
On March 22, the European Union, the United Kingdom, Canada, and the United States imposed sanctions on Chinese officials and an entity for massive human rights violations against ethnic minorities in Xinjiang, and the Chinese Communist Party retaliated with a series of actions.
On the evening of March 22, the CCP announced sanctions against 10 EU personnel and four entities; on March 26, the CCP announced sanctions against nine British personnel and four entities.
Following the CCP’s retaliatory sanctions, on March 23, the European Parliament canceled the review session of the China-EU Comprehensive Investment Agreement in protest.
On March 24, the Communist Party’s “Communist Youth League Central Committee” microblog and CCTV took the lead in criticizing Swedish fashion brand H&M for “eating China’s rice and smashing China’s pot. After that, almost all the official media of the Communist Party of China started to attack H&M on all fronts. The incident soon intensified, with brands such as Burberry, Adidas, Nike and New Balance also being affected.
On March 26 and 27, the Chinese Communist Party announced sanctions against the United Kingdom, the United States and Canada, respectively. By this point, the CCP had imposed counter-sanctions on all the Western countries that initiated this round of sanctions.
In the meantime, the CCP’s “war wolves” ambassadors in Europe have also made outlandish statements. For example, the French Foreign Ministry called China’s decision to impose sanctions “unacceptable” and will summon the Chinese ambassador to France, Lu Shano, on the 22nd, but the Chinese Embassy in France replied directly: the ambassador is not available, we will talk about it tomorrow. This move has been criticized by the French political circles.
Li Junhua, the Chinese ambassador to Italy, also refused to be summoned by the Italian Foreign Ministry and protested to Italy in turn, just like Ambassador Lu Shanno’s actions in France. Afterwards, Li Junhua ran to the Foreign Affairs Committee of the Italian Parliament and said sarcastically that some “political viruses” are worse than epidemics. Li Junhua’s speech aroused the discontent of Italian rightist “Lega” MPs, who walked out of the meeting in protest.
The mystery of Li Keqiang’s list of speakers for his meetings with foreign delegates
On the same day that the European Union, the United Kingdom, Canada, and the United States imposed sanctions on the Chinese Communist Party, Chinese Premier Li Keqiang unveiled signals against Europe and the United States.
On the evening of March 22, Li Keqiang met by video with foreign delegates attending the China Development Forum 2021 Annual Meeting at the Great Hall in Beijing.
On the same day, BMW Group Chairman Wolfgang Zippertzer, Bridgewater Investment Corporation Chairman Dalio, Manulife Financial Group President Gao Ruihong, Apple CEO Cook, Prudential Group Chief Executive Officer Richard Willis, Daimler AG Chairman of the Board of Directors Conlinsson, Paris School of Economics Professor Emeritus Bourguignon and others spoke.
Among the speakers, the German automotive groups BMW and Daimler took two seats; the American companies Bridgewater Investments and Apple took two seats; the British financial Prudential Group took one seat; the French academics took one seat; and the Canadian Manulife Financial Group took one seat.
These invited speakers are from countries that match the countries that initiated sanctions against the Chinese Communist Party.
During the meeting, Li Keqiang pledged that the CCP’s financial services industry would gradually expand and open up, including not only the banking sector but also the insurance industry.
“China’s elderly population over 60 years old has exceeded 260 million, with huge potential for multi-level demand for elderly services, and foreign companies are welcome to participate in the development of China’s elderly industry.” Li said that China’s insurance industry and the market for senior care products have great potential, which will certainly create more opportunities for foreign companies to invest in senior care products and services in China.
Li Keqiang’s visit to Jiangsu province on March 26 included a special visit to the BASF chemical plant, a Sino-German joint venture that supplies raw materials to Nike and Adidas.
The Chinese government website reported part of Li Keqiang’s visit to Jiangsu province, without mentioning the BASF chemical plant. However, several people on Weibo posted pictures and videos of Li Keqiang’s visit to the BASF plant.
In one of the videos, Li Keqiang cheered his employees as they left, saying “be successful” and instructing them to “make BASF-YPC (BASF-YPC) famous not only in the southeast coast but also in the world.
Current affairs commentator Li Linyi said that Li Keqiang’s economic unification war aims at the European and American countries that sanctioned the Communist Party of China this Time, which can be seen from the list of spokesmen of Li’s talks. Among them, Germany is a priority, because Germany has more economic ties with the CCP than other countries in the EU, and is also more pro-communist. Li Keqiang is again “singing the white face” this time, i.e., threatening the West with sanctions while using economic means to appease and bribe the West.
Prior to the U.S.-China Alaska talks, the Chinese Communist Party had already begun to strengthen its monetary ties with Europe and the United States.
Hours before the U.S.-China negotiations, on March 18, Air China (Air China), a Chinese state-owned company, announced that it had purchased 18 Airbus A320NEO series aircraft from AFS Investments I, Inc. The Nikkei Shimbun reported that
The Nikkei Shimbun reports that the deal has many twists and turns, as the planes are not made by Boeing but by Airbus of Europe, but the seller is GECAS, the aircraft leasing arm of General Electric.
China’s Top Diplomat Yang Jiechi Toughens Words to U.S.
Recently, Communist Party diplomat Yang Jiechi has been criticized for his “red face” at U.S.-China talks, issuing tough remarks to the United States.
On March 18-19, Secretary of State Antony Blinken and National Security Advisor Jake Sullivan held their first meeting with Yang Jiechi, Director of the Foreign Affairs Office of the Communist Party of China (CPC) Central Committee, and State Councilor and Foreign Minister Wang Yi in the U.S. state of Alaska.
When it was the Chinese side’s turn to make opening remarks, the original time limit was two minutes, but Yang alone spoke for 17 minutes, at one point even saying something out of turn, such as “Have we suffered more from the foreigners?
Before and after the U.S.-China talks, the Chinese Communist Party bribed with economic benefits analysis: the United States does not eat this
Coincidentally, the week of the negotiations with the United States, the Chinese Communist Party’s purchase of corn from the United States reached its peak.
Bloomberg reported on March 22 that the U.S. Department of Agriculture announced last week the sale of nearly 4 million tons of corn to China, more than five times the amount sold a year ago. 5 million tons were sold in January and February.
China’s corn purchases this season were at a record high, and soybean purchases were at their highest level since the USDA began compiling the data in 1991, the report said.
“It’s interesting that the purchases happened in the same week as the talks,” said John Baize, an independent agricultural trade analyst. “China (Communist Party of China) wants to send a positive signal.” “They are very good at timing.”
Before the talks, Li Keqiang mentioned financial “concessions” at the Communist Party’s 2021 “two sessions,” and at a press conference on March 11, Li said he wanted to “guide financial enterprises to make reasonable concessions “The statement was made in June last year. This statement also appeared during the U.S.-China talks in June last year.
On the day of this explicit encounter in the U.S.-China talks, i.e. March 18, the CCP engaged in another financial unification war.
On the evening of March 19, China Merchants Bank announced that its wholly-owned subsidiary, China Merchants Bank Wealth Management, intended to introduce JPMorgan Asset Management (Asia Pacific) Limited (“JPMorgan Asset Management”) as its external strategic investor.
On the same day, the CBIRC issued the “Implementation 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.
The amendment removes the restriction on the ratio of foreign investment in joint venture Life insurance companies, and removes the restrictive provisions on the ratio of foreign investment in the implementation rules.
According to Li Linyi, the Chinese Communist Party’s traditional approach of political threats and economic unification warfare is beginning to fail, meaning that the U.S. is no longer “eating this. The most obvious sign is that Blinken went to Europe to strengthen the alliance after the U.S.-China talks, and Europe and the United States restarted the dialogue on a coordinated response to the Chinese Communist Party.
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