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US-China relations

Washington’s Fantasy Of A War Against China

February 6, 2025 Vijay Prashad, People's Dispatch. , , , ,
The fragility of US power was clear when a small Chinese startup released the DeepSeek machine learning program. The US stock market Nasdaq shuddered, with technology stocks collapsing. This collapse is not a minor matter for the US economy. During the post-COVID-19 inflation (2021), foreign investors began to slow down their purchase of US debt. Then, after the US seized USD 600 billion in Russia’s foreign exchange assets (2022), many central banks moved their own holdings away from the long-arm jurisdiction of the United States. US Treasury bills languished.

How Australia Helps The United States Destabilize Asia

September 30, 2024 Maxwell Lane, People's Dispatch. , , , , , ,
September 15 marked the third anniversary of the announcement of the AUKUS (Australia, the UK, the US) agreement. The purpose of this agreement is for Australia to buy nuclear-powered submarines from the UK and the US This increases interoperability with US forces that are projecting their power in the region along the Chinese coast. Furthermore, Australia is participating in the QUAD and SQUAD, “[i]nformal Alliances in the Indo-Pacific.” The city of Darwin in northern Australia has been opened up for the US forces, including planes carrying nuclear weapons. In addition, Australia has long housed bases for US spy satellite systems.

US War Drive Against China Undeterred By Taiwanese Election Setback

January 24, 2024 Barry Healy, People's Dispatch. , , , , , ,
On January 13 the Democratic Progressive Party (DPP) won the Taiwanese presidential election. The result is important because of Taiwan’s frontline status in the US war drive against China. The New York Times describes newly elected president, Lai Ching-te, as “a staunch separatist”. The DPP, which is generally considered to be more aligned with US interests and plays with the idea of Taiwanese independence from China, was opposed by two other parties, the Kuomintang (KMT) and the Taiwan People’s Party (TPP). For the current US anti-China war drive, the results were mixed, and bring to the surface many of the contradictions of relations between the “two Chinas” and US imperialism.