On March 11, a video of Li Keqiang at a press conference of the Chinese Communist Party’s National People’s Congress was shown on a large screen in the street.
As the CCP’s war-wolf diplomacy intensifies, from CCP Premier Li Keqiang, to the CCP’s Development and Reform Commission, to the CCP’s ambassador to Canada all softened their stance, suddenly shouting on the same day that they hope to strengthen communication with Western companies, and bitterly urging the US not to decouple from the CCP economy. Some analysts say that this is the Chinese Communist Party’s usual two-handed strategy of black face and white face. Li Keqiang sang the white face again.
According to the Chinese Communist Party government website, Premier Li Keqiang attended a video dialogue with U.S. business leaders in Zhongnanhai’s Ziguang Pavilion on April 13, where he strongly urged the chairmen and CEOs of more than 20 well-known U.S. multinational companies present not to decouple from the Chinese Communist Party economy.
Li Keqiang said, for the problems that arise in the cooperation, but also in the cooperation to solve, and said that “decoupling” is not good for anyone, hope that both sides to move in the same direction. At the same time, he promised the Chinese Communist Party that “the door of opening up to the outside world will only be opened wider and wider”.
It is worth noting that Chinese Foreign Minister Wang Yi, who exerted “wolf diplomacy” in mid-March at the U.S.-China high-level talks in Alaska, adding fuel to the tensions between the two countries, was also present at the event.
In late April, when the Communist Party’s official media was boycotting foreign goods, Li visited a Chinese-German chemical plant in Jiangsu province that supplies chemical materials to brands such as Nike and Adidas, encouraging the company to invest more in China, Free Asia reported. .
Taiwan’s China Institute of Economic Research WTO Center Deputy Executive Director Li Chun 14 interview, said that the Chinese Communist Party used to use a two-handed strategy. During the U.S.-China high-level meeting in Alaska, Yang Jiechi, director of the Foreign Affairs Office of the CPC Central Committee, spoke for 17 minutes to the U.S. top brass. This time Li Keqiang spoke to U.S. companies in pursuit of profits, which is a reasonable arrangement.
Li Chun said, “It’s black face, white face! Last time Yang Jiechi was a bit over (too much), a bit like the attitude of an old man teaching his son a lesson, so of course Li Keqiang had to mend him back some. More importantly, they may have a little expectation for Biden to see if they will ease up, but now it looks like Biden is still fully applying the ‘global siege of China’ strategy.”
Li Chun said that the CCP now has to posture very strongly on the one hand, and on the other hand, it has to put up an attitude of welcoming global funds to invest in China in order to comprehensively respond to the challenges it is currently facing.
According to Li, Biden’s willingness to disassociate himself from the CCP is less obvious, targeting only the 10 sectors with higher security risks, while maintaining relations with the CCP supply chain in other areas.
Microblogs and Twitter went crazy with images of Li Keqiang inspecting foreign enterprises. (Video Screenshot)
On the same day that Li Keqiang shouted at the U.S., the CCP’s Development and Reform Commission also held a rare first-ever roundtable meeting with senior executives of U.S. companies in China, and said it would “unswervingly expand opening up to the outside world. The invitees included top executives from Tesla, Qualcomm, Dell and other U.S. companies.
Also on the 13th, Chinese Ambassador Cong Peiwu told the Council on Foreign Relations in Montreal that he was “concerned” about the growing calls in the West to “disassociate” from the Chinese Communist Party, and that there was a risk of undermining globalization. He also suggested that the Chinese Communist Party should “strengthen cooperation” with Canada. Analysis suggests that this is an attempt by the Chinese Communist Party to undermine the U.S.-Canada alliance.
The term “decoupling” was coined by the Trump administration. Trump has publicly stated that the U.S. will not lose if the U.S. and China decouple their economies. Former Treasury Secretary Steve Mnuchin also said that a lack of fair competition would lead to a decoupling of the U.S. and Chinese economies.
Sen. Tom Cotton, R-Ohio, wrote in February that the United States must engage in targeted decoupling and long-term economic warfare in order to defeat the Chinese Communist Party. He said the Chinese Communist Party is extremely dependent on the United States in key areas such as high-end technology, capital and financial settlement systems.
The real economic situation in China is also worrisome, according to economic data released by the Communist Party’s Bureau of Statistics in March for the January-February period. Many of the figures are the “lowest since records began,” with three major figures – consumption and investment – falling by more than double digits, all three of which are historic lows.
Many economists believe that the real unemployment rate in China is even more alarming.
In recent years, the Chinese Communist Party’s global expansion and penetration, especially the global hegemony by the opportunity of the epidemic, the Chinese Communist Party’s war wolves roaring all over the world, etc., have led to the loss of international trust, the global supply chain is being restructured, and the world economic and trade pattern is changing.
In response to the possible impact of the U.S. economic decoupling, Xi Jinping has repeatedly called for “internal circulation” and “domestic and international double circulation,” but Li Keqiang presided over the meeting, repeatedly urging bulk consumption and key consumption, revealing the dilemma of insufficient consumption and blocked operation of the internal circulation.
Some Hong Kong media analysis that Xi Jinping often refers to the economic “internal circulation” problematic, to the mainland’s supply chain from “exports to domestic sales”, more likely to increase competition in the original domestic market, but also will lead to technology backwardness, manufacturing costs rise, unemployment rate
The consequences will also lead to backward technology, rising manufacturing costs, and higher unemployment.
In the face of external doubts about Zhongnanhai’s reversal of history, the economic “internal circulation” has been changed to “domestic circulation” as the main body, the “domestic and international double circulation”.
According to the analysis of financial scholar Commander, there is no fundamental difference between the “internal circulation” and the “dual domestic and international circulation”, both of which are precursors to the CCP’s readiness to fully decouple from the U.S. economy and the economies of the world’s major developed countries. But if the CCP loses the U.S. market, especially the U.S. high technology, it would be fatal to the CCP economy if it is then kicked out of the U.S. dollar settlement system.
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