Wall Street Journal (September 20)
“China’s economic and technological strength dwarfs that of the Soviet Union during the Cold War. Since 1885 the U.S. has never faced a competitor or group of competitors with a gross domestic product greater than 40% of our own. China’s economy is likely at least 75% of ours. It also has a larger navy (even more so in its home waters) and a shipbuilding capability that far exceeds ours.”
Tags: 1885, China, Cold war, Competitor, Economic, GDP, Navy, Soviet Union, Strength, Technological, U.S.
The Guardian (October 12)
“Within a decade, the US will need to deter two major nuclear weapons powers for the first time,” as can be seen from “the Russian arsenal that is increasingly being brandished by Moscow and an expanding Chinese stockpile.” President Biden’s “new national security strategy (NSS) depicts China as the most capable long-term competitor, but Russia as the more immediate, disruptive threat.”
Tags: Arsenal, Biden, Brandished, Capable, China, Competitor, Deter, Expanding, Moscow, National security, Nuclear weapons, Russia, Stockpile, Strategy, U.S.
Australian Financial Review (January 2)
“The Trump administration’s willingness to push the Chinese harder on trade has struck a bilateral chord. Beijing is listening. So far, so good. Now the question is what the US wants to achieve. Answer: the total destruction of China as a competitor. That isn’t a trade goal, and the demands being made contradict one another. This aim also unnecessarily awakens Beijing’s deepest nationalist fears…. Things are likely to get much worse from here.”
Tags: China, Competitor, Contradict, Demands, Destruction, Fears, Nationalist, Trump
Chicago Tribune (December 26)
“China is both a customer of the United States and a competitor. Friend but possibly foe. The relationship is complex and unresolved…. It may be China’s destiny to match the United States in wealth and firepower. Those are not reasons to fear China. They are reasons to engage the country today as a partner and challenge Chinese intentions when they appear threatening.”
Tags: Challenge, China, Competitor, Complex, Customer, Engage, Fear, Firepower, Foe, Friend, Threatening, U.S., Unresolved, Wealth
Euromoney (February Issue)
In Mexico, “cheaper electricity will lower manufacturing costs across the board, and the country could become a competitor in energy-intensive industries such as aluminum and steel production.” President Enrique Peña Nieto introduced sweeping reforms to liberalize the electricity and oil and gas sectors, prompting analysts to add “an extra 1.5% to future GDP growth rates as a direct consequence of the scope of these reforms and many say the risks are on the upside. Suppliers, contractors and a whole host of other industries will benefit.”
Tags: Aluminum, Analysts, Competitor, Contractors, Costs, Electricity, Enrique Peña Nieto, Gas, GDP, Manufacturing, Mexico, Oil, Reforms, Risks, Steel, Suppliers, Upside
