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Here's another collection of bite-sized global news. This time about a whole range of very different topics.
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Bite-sized China related news.
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Frans Vandenbosch 方腾波 03.07.2024
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American propaganda
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The end of the US hegemony is near:
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The American COMPETES Act is a bill that was just passed by the House. It allocates $500 million (half a billion) for media outlets to produce journalism for overseas audiences that is critical of China.
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The act, approved by the house and the Senate states: [the new legislation is intended for] "Promoting U.S. global leadership by positioning the interests and values of the United States to win on the world stage, including strong action to hold the People's Republic of China accountable for its trade abuses and human rights violations."
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When China does it it's called "propaganda", when Washington does it it's investing in the "american values".
A tech and manufacturing bill has moved through congress allocates 500 million US dollars for media outlets to promote an anti-china narrative. Or rather for media outlets to produce ‘journalism’ for overseas audiences that is critical of China.
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Cao Dewang
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Cao Dewang is the founder and chairman of Fuyao Group
He is a convinced CPC (Communist Party China) member and a board member of CCG (Center for China and Globalization) a Think tank in Beijing.
Cao Dewang is a devout Buddhist. He is the author of 心若菩提; Xīn ruò pútí; A heart like Bodhi.
The movie The "American Factory" is about him and the extremely difficult founding of the first Fuyao factory in in Moraine, Ohio, USA.
I had the delight to meet him twice, the first time at Mercedes Benz in Stuttgart in 2013.
He is an extremely affable, warm-hearted man who takes the needs of his employees and the Chinese people to heart. He is also a very strategic, long-term thinking entrepreneur, not afraid of controversial decisions.
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Q: Is everything going smoothly with your factory in the US ?
A: Yes, it is going well.
Q: How does this tension between the US and China affect your plans to build more factories in the USA and invest globally ?
A: There has been no impact. I believe that China and the US should enhance communication and eliminate misunderstandings. Reducing misunderstandings could be benificial.
Q: Would you encourage more Chinese companies to invest in the USA ?
A: I wouldn't encourage everyone to invest in the US because you need to understand the necessity first. You need to thouroughly understand the situation before investing, and this is both respectful to the US and responsible for ourselves.
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Overqualification in Europe:
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Overqualification is the state of being educated beyond what is necessary or requested by an employer for a position with the business. There can often be high costs for companies associated with training enployees. Example: lawyers, working as assembly line workers.
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In 18 of the 27 EU countries, women had higher over-qualification rates than men, with the largest differences recorded in Malta and Slovakia (both +8 percentage points) and Italy (+7 pp). However, in 9 EU countries, men had higher over-qualification rates, with the biggest differences recorded in Lithuania (+5 pp), Latvia (+4 pp) and Bulgaria (+3 pp).
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Employed non-nationals are more likely to be over-qualified than nationals for their job. In the EU in 2021, the over-qualification rate was 39.6% for non-EU citizens (-1.9 percentage points (pp) than in 2020) and 32.0% for citizens of other EU countries (-0.2 pp). By contrast, the over-qualification rate for nationals stood at 20.8%
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Ruthless exploitation:
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Assange is free.
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He's the one who uncovered the "Forever War" machine in the USA
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Cartoon:
laughing stock of the international media:
Boeing ... again
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Science:
Boeing ... again
Boeing Starliner, struggling with helium leaks
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The astronauts from Boeing's Starliner were supposed to be in space for 8 days. Now they're stuck there with no scheduled return date.
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Both Russia and China are ready to get the two astronauts back to earth. But NASA is too proud and stubborn to accept that help.
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NASA complaining
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NASA complaining that China invited France, Sweden, Italy and Pakistan (but not the USA) for cooperation on the far side of the moon landing project.
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... but (hypocritically) "forgot" that the USA Wolf Clause legislation forbids cooperation with China in space projects.
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Technology:
Intel going down the drain.
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Intel Corporation the famous manufacturer of semiconductor chips, based in Santa Clara, California, USA is strugglig for its survival. The American sanctions and tariffs on Chinese chips were an incentive for Chinese chips makers to enhance quality and production capacity. As a consequence, Intel doesn't sell chips to China anymore. China is making these chips at a much more competitive cost.
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Intel said that the manufacturing unit had lost 7 billion USD in 2023; the year before in 2022 they already had an operating loss of 5.2 billion USD. Revenue went down by 31%. Intel shares went down 4.3 % right after the anouncement.
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Prosperity and well-being:
in the US vs in China:
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Today, the average spendable income of a Shanghainese family (the average of the 24 million people in Shanghai, including de traditionally "poor" districts: Fenxiang, Songjiang, Chongming, Baoshan) is about the double of the average spendable income of an American family.
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Geopolitics:
The troublemakers:
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The USA, using the Philippines as their proxy against China.
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Environment
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Chinese company Shanxi International Energy Group has signed an agreement with a local government in northern China to produce 350,000 tonnes a year of green aviation fuel made from wind-powered hydrogen.
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The ¥10.7 bn project in the administrative region of Jarud Banner, Inner Mongolia, will include 1GW of new wind power, to produce green hydrogen that would then be combined with captured CO2 to produce e-kerosene chemically identical to fossil-based jet fuel.
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Language:
How to "spell" a word in Chinese characters?
In a language written with a (Latin) alphabet, it is not that difficult to identify letter after letter by saying a well-known word for each letter. But how do you do that with a language where syllables are written with logographs or lexigraphs, such as Chinese?
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Chinese language has countless homophones, words that have the same pronunciation but a different writing.
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Countless times on the phone I heard a friend say:
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我叫周洄，周恩来的“周”
Wǒ jiào Zhōu Huì, Zhōu Ēnlái de “Zhōu”
My name is Zhou Hui, Zhou as in Zhou Enlai.
She was very proud to be a distant relative of Zhōu Ēnlái.
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Zhōu Ēnlái (1898 – 1976) was the first Premier of the PRC and still today very popular in China.
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Diplomacy
by Godfree Roberts
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At this photo at the RH side: Zhou Enlai, the founder of the "Two glasses and a bottle" diplomacy.
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Malcolm X:
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"If you are not carefull, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppression."
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https://yellowlion.org/nl/china-lezingen/
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also read the latest article at the Yellowlion website:
China’s medical technology has surpassed Europe’s top technology.
The medical device industry in Europe is in big trouble. They have lost the technology and competitiveness war with the Chinese medical industry.
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My work, my website and my newsletters are completely free. I am not subsidized or sponsored. By no one. I only receive a small fee for my lectures (for NEOS, Marnixring, ...).
I hold my own up thanks to the moral support of my many friends in China, in Flanders and elsewhere.
The articles and newsletters may be freely shared with other interested parties.
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