China says it is against supply chain decoupling

Dear CCP,

"You reap what you sow!!"

Regards

The World

In the past major developed nations will scream about free market since it work in their favor, now China can provide good and service that match free market needs. Then developed nations, scream about security, in order to get rid China. So free market just camouflage in the beginning.

China opposes the cutting of supply chains

I bet it does. Trade with other nations is what built their modern economy.

and is willing to build closer ties with all

By stealing their IP, occupying their land/maritime areas, cyber-attacking them, dumping excess products on their markets, denying them proper access to the Chinese market despite being part of the WTO, and practicing economic aggression on them?

Sorry, China, but the days when you could get away with that are long gone. The name of the game these days is decoupling. You had your chance to work with the rest of the world, but the CCP blew it.

WiseOneIn KansaiToday 06:57 am JST

"You reap what you sow!!"

100% correct.

"You reap what you sow!!"

Indeed.

Every thing in China is falling to pieces, the industrial company's by their thousands have waved good bye, the property market is in free fall........well it is worst than that, but I cannot think of a more suitable word, the Yuan has little or no consequence, millions of Chinese people have been bled dry and dumped by the property builders, and it is estimated the there are now 3 million empty houses etc that cannot be sold, in fact, they say there are empty houses to house every family in China. Their air pollution and food are probably the worst in the world, and if that is not enough, there are 4/5 viruses and pathogens now running amok amongst the whole population, they say over 500 million people have been infected already. And what does the CCP hierarchy do?......Nothing.

Closer ties with all........as long as other nations do China's bidding. That is the whole reason behind supply decoupling, to prevent economic blackmail by Beijing.

Despite all negative news the FDI Foreign Direct Investments is China in the last 2 years are bigger, around 2 trillion dollars, than in the years previous to the covid pandemic, so, China still is the main destination of international investments. This is good, as an intense commercial trade is a way to create reciprocal dependency and so minimize risks of sudden breaks and violent disputes.

"But if you wish to know what a man really is, give him power."

.......Abraham Lincoln

For many years, countries of the world bent over backwards trying to help China develop its backward economy, and China always played the role of the ignorant hick in dire need of a helping hand to lift itself up from its lousy economic position. As China grew economically so did a new image of itself. Was it thankful? No. Was it appreciative? No. Instead China has become proud, arrogant and surly with its new found power. It lied about how it was going to treat Hong Kong when it returned. It lied about being patient with Taiwan and waiting for a peaceful unification. With greater power, China has broken its past promises and has proven it's not to be trusted.

Supply chains are expected to be a topic of considerable concern at this COP28. Within the context of the Bridgetown Initiative, and what some delegate countries anticipate will end up being an endorsement that countries adopt the broad concepts of the Initiative. One of which stresses the need that all global supply chains must be made secure and resilient. And how this must happen to combat climate change, while retooling Globalization. And China is reasonably expected, by many to try to write the rules in a non-hedgemonic sort of a way, which logically should put them as the primary driver of all-things globalization in it's next phase. And to cease the previous policy of friend-shoring and near-shoring entirely, naturally for the good of the global environment. Let’s watch what comes ultimately out of COP28.

For Mr. Stormcrow: This is one of my favorite Lincoln era quotes, but it deserves to be attributed to the brillant writer and orator, Robert Green Ingersoll. He used the like-verbage when introducing a speaker, who in turn was speaking about Lincoln, and then wrote this in one of his books:

Nothing discloses real character like the use of power. It is easy for the weak to be gentle. Most people can bear adversity. But if you wish to know what a man really is, give him power. This is the supreme test. It is the glory of Lincoln that, having almost absolute power, he never abused it, except on the side of mercy.

But nothing can (or should) diminish the power and truth of a statement about a great man.