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Some context for the debate back home about UK relations with China… “Make no mistake this is China versus the world” the US Treasury Secretary implores the rest of the world to respond with the US on restrictions on rare earths exports, “we are not going to let bureaucrats...

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Faisal Islam

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15,144 Aufrufe • vor 10 Monaten •via X (Twitter)

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Treasury Secretary Bessent (Treasury Secretary Scott Bessent) on China not negotiating in good faith: “Make no mistake, this is China vs. the world…We are not going to let a group of bureaucrats in Beijing try to manage the global supply chains."
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Treasury Secretary Bessent (Treasury Secretary Scott Bessent) on China not negotiating in good faith: “Make no mistake, this is China vs. the world…We are not going to let a group of bureaucrats in Beijing try to manage the global supply chains."

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WATCH: "Make no mistake: this is China versus the world... We and our allies will neither be commanded nor controlled. They are a state economy, and we are not going to let a group of bureaucrats in Beijing try to manage the global supply chains." - Treasury Secretary Scott Bessent
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WATCH: "Make no mistake: this is China versus the world... We and our allies will neither be commanded nor controlled. They are a state economy, and we are not going to let a group of bureaucrats in Beijing try to manage the global supply chains." - Treasury Secretary Scott Bessent

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In the midst of the US-China trade conflict last year, Beijing unleashed its fiercest weapon. By ramping up restrictions on exports of rare earth metals, China forced the US to climb down. That show of strength was a wake-up call for the US
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Prof. Zhang Weiwei: ‘The US🇺🇸 military’s supply of RARE EARTHS from China🇨🇳 is about to be CUT OFF.’ ‘Since sometime last year, China has exercised stricter control over the export of rare earths to the United States. It had to do with the trade war and tech war. And China said: no rare earth for US military and military establishments. The ban is for one year. So during this period of time, there’ll be no rare earth for US military purposes. China now can exercise this kind of control. That’s important.’ —Prof. Zhang Weiwei, Former Translator for Chinese Paramount Leader Deng Xiaoping, and Director of Fudan University’s China Institute Watch the full interview below in the replies👇
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Prof. Zhang Weiwei: ‘The US🇺🇸 military’s supply of RARE EARTHS from China🇨🇳 is about to be CUT OFF.’ ‘Since sometime last year, China has exercised stricter control over the export of rare earths to the United States. It had to do with the trade war and tech war. And China said: no rare earth for US military and military establishments. The ban is for one year. So during this period of time, there’ll be no rare earth for US military purposes. China now can exercise this kind of control. That’s important.’ —Prof. Zhang Weiwei, Former Translator for Chinese Paramount Leader Deng Xiaoping, and Director of Fudan University’s China Institute Watch the full interview below in the replies👇

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🇺🇸🇨🇳 TREASURY SEC BESSENT: WE WILL NOT BE COMMANDED OR CONTROLLED BY CHINA "If some in the Chinese government want to slow down the global economy through disappointing actions and economic coercion, the Chinese economy will be hurt the most. And make no mistake: this is China versus the world. They have imposed unacceptable export controls on the entire world. China is a command-and-control economy, and we and our allies will neither be commanded nor controlled. They are a state-run economy, and we will not allow a group of bureaucrats in Beijing to try to manage global supply chains." Source: Rapid Response 47, Treasury Secretary Scott Bessent
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🇺🇸🇨🇳 TREASURY SEC BESSENT: WE WILL NOT BE COMMANDED OR CONTROLLED BY CHINA "If some in the Chinese government want to slow down the global economy through disappointing actions and economic coercion, the Chinese economy will be hurt the most. And make no mistake: this is China versus the world. They have imposed unacceptable export controls on the entire world. China is a command-and-control economy, and we and our allies will neither be commanded nor controlled. They are a state-run economy, and we will not allow a group of bureaucrats in Beijing to try to manage global supply chains." Source: Rapid Response 47, Treasury Secretary Scott Bessent

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"China will lose the US market…" "We don't care! China has been here for 5,000 years, most of the time there was no US, and we survived." "If the US wants to go in that direction of completely shutting itself out of the China market. Be my guest!" "The world is big enough that the US is not the totality of the world’s market." Well said👍🏻👍🏻👍🏻
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"China will lose the US market…" "We don't care! China has been here for 5,000 years, most of the time there was no US, and we survived." "If the US wants to go in that direction of completely shutting itself out of the China market. Be my guest!" "The world is big enough that the US is not the totality of the world’s market." Well said👍🏻👍🏻👍🏻

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🇨🇳🇺🇸 TREASURY SECRETARY BESSENT: “THIS IS CHINA VERSUS THE WORLD - NOT JUST A U.S.-CHINA PROBLEM” “We have things that are more powerful than the rarer export controls that the Chinese want to put on. And to be clear, this is China versus the world. It's not a U.S.-China problem. Good news is that this is IMF week. A lot of my counterparts, or all my counterparts, are here. We're going to be speaking with our European allies, with Australia, with Canada, with India, and the Asian democracies. And we're going to have a fulsome group response to this because bureaucrats in China cannot manage the supply chain or the manufacturing process for the rest of the world. We don't want to damage their economy. We don't believe that they want to damage ours." Source: Rapid Response 47
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🇨🇳🇺🇸 TREASURY SECRETARY BESSENT: “THIS IS CHINA VERSUS THE WORLD - NOT JUST A U.S.-CHINA PROBLEM” “We have things that are more powerful than the rarer export controls that the Chinese want to put on. And to be clear, this is China versus the world. It's not a U.S.-China problem. Good news is that this is IMF week. A lot of my counterparts, or all my counterparts, are here. We're going to be speaking with our European allies, with Australia, with Canada, with India, and the Asian democracies. And we're going to have a fulsome group response to this because bureaucrats in China cannot manage the supply chain or the manufacturing process for the rest of the world. We don't want to damage their economy. We don't believe that they want to damage ours." Source: Rapid Response 47

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Ini juga keren Prof. 👦🏻"China has fully prepared to fight to the very end. The world is big enough, that the US is not the totality market in world" 👱🏻‍♀️"But China will loose market in the US?" 👦🏻"We don't care. China have been here for 5000 yrs. Most of the time, there was no United States. And we survived. And now, without US, we expect to survive for another 5000 yrs" 🔥🔥🔥🔥
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Ini juga keren Prof. 👦🏻"China has fully prepared to fight to the very end. The world is big enough, that the US is not the totality market in world" 👱🏻‍♀️"But China will loose market in the US?" 👦🏻"We don't care. China have been here for 5000 yrs. Most of the time, there was no United States. And we survived. And now, without US, we expect to survive for another 5000 yrs" 🔥🔥🔥🔥

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