China
China’s property market is at risk of an overcorrection, not oversupply
There is no risk of China’s property sector woes spreading into a financial crisis but there is a policy-induced housing crisis and restrictions must be further eased. The property market must be stabilised to restore public confidence and spur private consumption, so economic growth can reaccelerate. A Chinese former official made headlines last September by Continue reading »
Vid: Mason’s deranged Corbyn smear – ‘He’s disarming Ukraine and tolerating antisemitism’
Corbyn apparently travelling the length and breadth of Europe to stop the neo-Nazi Ukrainians from ‘fighting fascism’…
Paul Mason was caught last month in a full-blown meltdown of deranged accusations, at a woman who dared to challenge Israel’s mass slaughter of innocent civilians and the unhealthy influence of pro-Israel lobby groups in British politics – and also caught misrepresenting what she had said, when a recording of her comments and his diatribe was revealed.
And he was caught on the same evening in another deranged rant, when he accused Jeremy Corbyn of ‘touring’ Europe ‘tolerating antisemitism’ and ‘disarming the Ukrainian people in their struggle against fascism’:
Audio capture by @UrbanDandyLDN, subtitles by Skwawkbox
As ‘Urban Dandy’, who recorded Mason’s ramblings, commented:
Mason’s suggestion that Jeremy Corbyn tolerates antisemitism is false, just as the widespread, mainstream claims that there was a serious antisemitism problem in Labour under Corbyn’s leadership were false, and have been debunked repeatedly. The MP for Islington North is taking legal action against Nigel Farage for similar defamatory statements, while another political commentator favoured in the mainstream media recently had to make a humiliating public apology for his baseless allegations against Corbyn.
Screengrab from X / johnmcternan
Disarming the Ukrainians
Paul Mason’s second allegation against Corbyn, that the MP has been on a European tour aimed at disarming the Ukrainian people, is also false. Corbyn has never called for the disarming of Ukraine. The anti-war veteran who fronts the Peace & Justice Project has spoken in many European cities since Russia’s illegal invasion of Ukraine in early 2022, mainly at events organised by peace campaigners. Corbyn has called for diplomacy instead of escalation, and expressed skepticism about the relentless arms sales by western companies.
Mason’s claim that the left wants to somehow stop Ukrainians ‘fighting fascism’ is also bizarre enough to verge on the delusional. Ukraine is well known, despite the best efforts of the UK media to rewrite history, to be rife with actual nazis, some of whom are in influential positions in the Zelenskiy regime. Zelenskiy himself has seized control of Ukraine’s media, stripped workers of their rights and shut down opposition groups, all key identifiers of fascism.
Mason’s reputation, already falling apart because of his support for Keir Starmer, was shredded in 2022 when The Grayzone revealed his emails plotting with security-state figures to take down left-wing news outlets, accompanied by a notorious, sprawling chart showing the links he imagined among left groups Russia and China – and boasting of ‘cauteris[ing] Corbyn and Stop the War’ so that ‘no MP will touch them:
Mason’s support for Starmer despite the so-called ‘Labour leader’s backing for Israel’s genocide in Gaza has left him a risible figure, yet he keeps spouting his nonsense despite the inevitable backfiring and mockery.
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The United States leaves a mess in Ukraine, moves on to China
The US State Department’s No 2 now admits the AUKUS joint submarine project between three of the Five Eyes is tied to Taiwan and mainland China. At the US State Department, the Ukraine girl is out, and the China guy is in. From Washington’s perspective, it was a right assignment. Whether that’s good for Asia Continue reading »
China’s economic success in face of growing U.S., EU protectionism
The Western press is filled with stories of foreboding about the Chinese economy. We are told regularly that China’s fast growth is over, that China’s data are manipulated, that a Chinese financial crisis looms, and that China will suffer the same stagnation as Japan during the past quarter century. This is U.S. propaganda, not reality. Continue reading »
Chinese imperialism?
I read Professor Percy Allen’s interesting article (P&I, 28/03/24) and was astounded by the claim based on a list of “invasion” he was given that China was historically an imperial nation and thus dangerous. The fact that China was an imperial nation is as beyond a shadow of doubt as the Pope is Catholic. China Continue reading »
What China gets right in PNG and Australia gets wrong
This former leader of PNG’s state energy supplier says we should take a leaf from the China playbook by using a “tied aid” model. The leadership turnstile at Papua New Guinea’s state energy provider, PNG Power (PPL), is spinning once again as the search is on for another chief executive. This latest shift at one Continue reading »
China’s quiet energy revolution: the switch from nuclear to renewable energy
There is now a policy dispute about the roles of nuclear and renewable energy in future Australian low emission energy systems. The experience of China over more than a decade provides compelling evidence on how this debate will be resolved. In December 2011 China’s National Energy Administration announced that China would make nuclear energy the Continue reading »
The Neoliberal West is doomed – by its bankers
This is a good thread from Stephanie Kelton of Modern Money fame where she indicates how China understands money and uses it appropriately on the state’s behalf. Drawing on an old Bloomberg article, she says: “[O]ld-fashioned financial thinking [says] that the government should aim to balance its budget, but in reality China is already transitioning... Read more
What’s next for China-Australia relations?
CGTN Radio host Liu Kun interviews Ambassador Tony Kevin, Ambassador Geoff Raby and Dr. Zhao Hai on Chinese Foreign Minister Wang Yi’s recent trip to Australia and broader China-Australia relations. Listen: (The following is a transcript of the World Today show on CGTN Radio broadcast on March 22nd.) Liu Kun (host): Welcome to World Continue reading »
Australia’s Hong Kong travel advisory disregards its own national security legislation
On March 19, the Hong Kong legislature passed the Safeguarding National Security Ordinance and reached a historic milestone in the implementation of “one country, two systems”. Legislation to implement Article 23, which requires Hong Kong to legislate on its own to prohibit seven national security offences, has been outstanding since 1997, and the inadequacy of Continue reading »