Image 01 Image 03

China Tag

This is a subject that has strayed into the background and I'm thankful the Washington Free Beacon reported on it last night. Secretary of State Mike Pompeo testified in front of the Senate Appropriations Committee and Sen. Patrick Leahy (D-VT) asked him about the attacks:
"That's a very good question," Pompeo told Sen. Patrick Leahy (D., Vt.) during testimony before the Senate Appropriations Committee. "I don't know if they were the same events. It is the case that the medical condition, the single medical condition to date in China is, as the medical folks would say, consistent with what happened in Cuba."

We've been covering the Trump administration's trade talks with China, and now both nations have reportedly agreed to halt the trade war, including the imposition of tariffs, until a deal has been reached. The AFP reports:
Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday.

President Donald Trump is expected to announce new tariffs on Chinese exports to the United States later today. The decision comes after a seven-month-long investigation by the Trump administration into the U.S. intellectual property theft orchestrated by Beijing. The move is expected to hit $50 billion worth of Chinese imports.

Prime Minister Narendra Modi is rolling out the red carpet for the leaders of Southeast Asian countries on the eve of India's Republic Day. What is being described by the Indian media as a diplomatic 'coup' in India's ongoing territorial row with China, ten heads of states from Southeast Asian countries will finalize the details of a new maritime mechanism with New Delhi and attend tomorrow's Republic Day parade, an annual event that showcases India's military prowess.

A former CIA officer, Jerry Chun Shing Lee, has been charged with "unlawful retention of national defense information." Lee allegedly had in his possession notebooks containing the details and identities of current CIA operatives and is suspected of identifying both spy recruits and CIA agents to the Chinese government. The New York Times reports:

A former C.I.A. officer suspected by investigators of helping China dismantle United States spying operations and identify informants has been arrested, the Justice Department said on Tuesday. The collapse of the spy network was one of the American government’s worst intelligence failures in recent years.

Prior to the Brexit vote, the Centre for Economics and Business Research (CEBR) lent fuel to the "remain" proponents' "Project Fear" by predicting economic gloom for the UK should voters choose "leave."  Their doom and gloom report assured the world that leaving the EU would plunge the UK into economic decline. Indeed, the Bank of England predicted, incorrectly as it's turned out, that a UK vote to leave the EU would lead to recession.  This didn't happen, and as I noted in 2016, the UK has no problem reaching trade agreements on its own.  Unfettered by the EU albatross, the UK economy is now expected—by the CEBR no less—to flourish.

The White House has unveiled President Donald Trump's national security strategy. It has four main points: Protect America, promote our prosperity, preserve peace through strength, and advance our influence. But one of the biggest points is the return of using "jihadist" and "Sharia," language President Barack Obama's administration tried to avoid.

There has been a fascinating developments in relations between North Korea and China over the past week. Just before Thanksgiving, North Korea’s Kim Jong-un appeared to have snubbed China by not agreeing to meet with Chinese President Xi Jinping’s diplomatic envoy.
Song Tao, head of the Communist Party’s international department, wrapped up his four-day trip to North Korea on Monday, the first visit by a senior Chinese official since 2015.

It was a busy day in New York concerning North Korea. We learned that China's central bank told banks to stop working with North Korea. President Donald Trump met with South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe to discuss the North Korean nuclear crisis. Trump also announced new sanctions against North Korea. From The Hill:
Speaking at the United Nations before a working lunch with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in, two key allies in the region, Trump said the order would significantly expand the U.S.’s ability to crack down on individuals and companies that do business with North Korea. The president said he had empowered the Treasury Department to “target any individual or entity that conducts trade in goods, services or technology” with North Korea.