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    Blinken and a Top Chinese Official in Talks on U.S.-China Tensions

    The U.S. secretary of state pressed China’s top foreign policy official on Beijing’s support for Russia’s efforts to rebuild its military industries during the Ukraine war.Secretary of State Antony J. Blinken pressed his Chinese counterpart Saturday on areas of sharp disagreement between the two nations, including China’s support of Russia’s military industrial sector, the State Department said in a statement. Mr. Blinken met with the Chinese official, Wang Yi, on the sidelines of an annual international conference of Southeast Asian nations in the Laotian capital of Vientiane. Also in attendance was Sergey V. Lavrov, the Russian foreign minister, who at one group session blamed the United States for provoking Russia’s full-scale invasion of Ukraine in 2022, a senior State Department official told reporters traveling with Mr. Blinken.In their meeting, Mr. Wang listened to Mr. Blinken’s criticisms, but pointed out that China has not sent weapons to Russia, said the State Department official, who spoke on the condition of anonymity to candidly describe diplomatic talks.President Biden and his aides have recently accused China of helping Russia rebuild its defense industrial sector, mainly through the export to Russia by Chinese companies of machine tools and microelectronics that have helped the Russian army persist in its war in Ukraine.Mr. Blinken told Mr. Wang that defending Ukraine against Russia’s aggression was a “core interest” of the United States, using a term that Chinese officials often deploy to signal their own national priorities, the State Department official said. The U.S. government has imposed sanctions on more than 300 Chinese entities as a result, but the Chinese government still has not curbed the exports, the official said. He added that Mr. Blinken presented specific examples of the exports, though the official declined to go into detail on that part of the conversation.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Autocracy, Inc review – fears for liberalism and democracy

    “There is no liberal world order any more, and the aspiration to create one no longer seems real,” Anne Applebaum writes in her new book, Autocracy, Inc: The Dictators Who Want to Run the World.In the eyes of many, US failure in Iraq coupled with the great recession discredited rules-based democracy. Parents of privilege shielded their children from war and economic downturn. The rest were not so lucky. The world’s current crop of rising strongmen are not operating on a blank slate.Russian belligerence and the rise of China play out against this roiling landscape, so too the challenges of Iran and North Korea. The emergence of a reinvigorated Brics bloc is another reminder of western unsteadiness. Indeed the west itself – from Hungary to Paris to Washington – is far from immune to the trend.“Nowadays, autocracies are run not by one bad guy but by sophisticated networks relying upon kleptocratic financial structures,” Applebaum argues. She is a Pulitzer-winning historian, a staff writer at the Atlantic and married to Poland’s foreign minister.Looking back, Applebaum got it wrong on the Iraq war (she had advocated regime change), nailed it on Vladimir Putin (“personal survival is more important than the well-being of their people”) and came close to the mark on Ukraine (“Russia must acknowledge Ukraine as an independent country with the right to exist”).The strength of Autocracy, Inc lies in its description of how autocrats bend and distort opinion, and find allies across national boundaries.In retrospect, the west was too eager to treat China as just another trading partner, not as a rival. The Tiananmen Square massacre signaled what might come next. Xi Jinping is a product of a system.In such systems, Applebaum writes, elites operate “not like a bloc but like an agglomeration of companies, bound not by ideology but rather by a ruthless, single-minded determination to preserve their personal wealth and power”.No single caricature-like figure calls the plays alone. Rather, ad hoc collectives are driven by cash and power.“The members of these networks are connected not only one to another within a given autocracy but also to networks in other autocratic countries, and sometimes in democracies too.”Such elites have lawyers in New York and London, bank accounts and holdings strewn across the world. Applebaum notes that Marc Kasowitz, who counseled Donald Trump during the Mueller investigation of Russian interference in the 2016 election, also represented alleged US conduits for a Ukrainian oligarch. As it happens, David Friedman, Kasowitz’s former law partner, was Trump’s ambassador to Israel.As Applebaum writes, “the globalization of finance, the plethora of hiding places, and the benign tolerance that democracies have shown for foreign graft now give autocrats opportunities that few could have imagined a couple of decades ago.”Putin is estimated to be worth between $70bn and $200bn, wealth to rival that of Elon Musk. Xi and his family clock-in north of $1bn.Applebaum examines gas pipeline deals between the then Soviet Union and what was West Germany. The US was rightly concerned.Richard Nixon saw the danger that such transactions would “detach Germany from Nato”. Jimmy Carter imposed sanctions on the sale of US pipeline technology, on account of Soviet human rights violations. Decades later, the Nord Stream pipeline emerged as a battleground between Moscow, Kyiv, Berlin and Washington.Applebaum turns her gaze to Gerhard Schröder, German chancellor between 1998 and 2005. Since then, he has worked for Nord Stream, Rosneft and Gazprom – all Russian. Now 80, he has chaired the shareholder committee of Nord Stream, reportedly earning around $270,000 a year. He also led the supervisory board of Nord Stream 2, now shuttered.He is unapologetic. In February 2022, after Russia invaded Ukraine, he told the New York Times: “I don’t do mea culpa, it’s not my thing.”Applebaum also discusses so-called “hybrid states”, which she characterizes as countries that are a “legitimate part of the international financial system” and possess many of the trappings of democracy but that are “also willing to launder or accept criminal or stolen wealth or to assist people and companies that have been sanctioned”.She points to the United Arab Emirates and Turkey. “Russian property purchases in the Emirates rose 100% after the invasion of Ukraine,” she writes.Not surprisingly, Applebaum lauds patriotism but fears nationalism and isolationism. By such metrics, Brexit was a bust.“Did the removal of Britain from the European Union give the British more power to shape the world?” Applebaum asks.The answer is self-evident.“Did it prevent foreign money from shaping UK politics?”Want a hint? Evgeny Lebedev, son of Alexander Lebedev, a Russian oligarch and ex-KGB agent, is now Lord Lebedev of Hampton and Siberia, neatly ensconced in parliament.“Did it stop refugees from moving from the war zones of the Middle East to Britain? It did not.”Nigel Farage’s dream has left the UK worse for wear. Farage’s admiration for Putin is a feature, not a bug.“I said I disliked him as a person,” Farage recently said of the Russian president, while campaigning for election as an MP. “But I admired him as a political operator because he’s managed to take control of running Russia.”Applebaum hopes liberalism and democracy are sustainable but is uncertain of their fate.“Nobody’s democracy is safe,” she writes. Still, “there are liberal societies, open and free countries that offer a better chance for people to live useful lives than closed dictatorships do.”For autocrats, liberty and autonomy are inconveniences. Conformity is king. There is little surprise that Putin portrays himself as the defender of faith and traditional values.American democrats – as well as Democrats – have reason to be concerned. During the 2016 election, Paul LePage, then governor of Maine, thought Trump needed to show some “authoritarian power”. A lot has happened since then. Come November, LePage just may get his wish.

    Autocracy, Inc: The Dictators Who Want to Run the World is published in the US by Penguin Random House More

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    As Trump Looms, Blinken Aims to Reassure Allies on U.S. Commitment to Asia

    Asian officials will press Secretary of State Antony J. Blinken about the former president and about Kamala Harris as he visits the region.For three and a half years, President Biden and his aides have insisted that the United States is a Pacific power, and that its allies and partners in the region need not worry about Washington’s commitments.For U.S. officials, underscoring that message has become increasingly important as China’s power has grown. Now Secretary of State Antony J. Blinken plans to deliver assurances in person across six nations, his most ambitious trip in the region.When Mr. Blinken lands in Vientiane, the capital of Laos, on Saturday, he will face a barrage of questions about what dramatic shifts in U.S. policy might or might not occur next year, given the upcoming change in the presidency.Mr. Biden’s announcement last Sunday that he is no longer running for re-election sent shock waves around the world. Many of America’s allies are especially concerned about a second Trump presidency, given that former President Donald J. Trump has constantly declared that those allies are conning the United States into providing military support. They are uncertain if Vice President Kamala Harris, the presumptive Democratic nominee, can beat him in November.Regardless, Mr. Blinken’s core message will be one of American resolve.“I think the message that the secretary is going to be conveying to the region is that America is all in on the Indo-Pacific,” Daniel J. Kritenbrink, the assistant secretary of state for East Asia and the Pacific, told reporters on Monday. “I think from Day 1 of this administration, we have significantly and dramatically stepped up our engagement.”But the talking point does not answer in concrete terms the main question from allies: Starting next year, will the United States invest significantly in Asia — in both economic and military terms? Mr. Blinken could argue that Ms. Harris’s foreign policy would be a continuation of Mr. Biden’s, but in no way can he speak for Mr. Trump.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    China Unexpectedly Cuts Interest Rate as World Markets Sag

    The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.The unexpected action came as stock markets fell sharply across most of Asia in early trading, in an echo of Wall Street’s sharp drop the day before. Market indexes were down 1 to 3 percent in Australia, Japan, South Korea and Hong Kong.But share prices were down by less in Shanghai and Shenzhen. That could reflect a favorable response by investors to the central bank’s rate move, or a sign of intervention by the Chinese government, which plays an extensive role in the country’s stock markets.As markets opened in China on Thursday, the People’s Bank of China, the central bank, reduced its interest rate for one-year loans to commercial banks to 2.3 percent, from 2.5 percent. It was the biggest cut to that rate since a similar reduction in April 2020, when the Chinese economy was struggling because of a nearly national lockdown in the early days of the coronavirus pandemic.The one-year rate is important as a guide to commercial banks on the interest rates that they use for loans to corporate customers and also to the financing units of local governments. Beijing blocks local governments from borrowing directly from banks, but has allowed them to set up financial units that do so.Many of these financial units are now deep in debt, and the local governments that control them have been cutting the salaries of teachers and other civil servants to conserve cash.The reduction in the one-year interest rate followed moves by the central bank on Monday to lower other rates that it controls. The actions came after a conclave of the Communist Party’s leadership on economic policy last week that did not produce the broad course correction that many economists have recommended.The party reaffirmed its commitment to pursuing economic self-reliance through further investment in high-tech industries, instead of making a shift to greater consumer spending.Reducing rates now, instead of waiting for a possible cut by the U.S. Federal Reserve this autumn, runs the risk of prompting more Chinese companies and households to move money out of the country as they seek to earn more interest elsewhere. That could cause China’s currency, the renminbi, to weaken further against the dollar.Lower rates might also prompt a revival of speculative borrowing schemes that were a problem for Beijing several years ago.But Eswar Prasad, a Cornell University economist who specializes in China’s monetary policy, said that such concerns appeared to be secondary right now. “Supporting growth is taking precedence over other objectives, such as limiting financial risks or preventing currency depreciation,” he said. More

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    Ukraine Presses China to Help Seek End to War With Russia

    A visit by the foreign minister of Ukraine to Guangzhou this week signals Kyiv’s desire to involve Beijing in peace talks that China has thus far largely snubbed.Ukraine’s top diplomat met with China’s foreign minister on Wednesday in talks that signaled Kyiv’s increased willingness to pursue a diplomatic solution to the war with Russia and to have China play a more central role in the effort.“I am convinced that a just peace in Ukraine is in China’s strategic interests,” Dmytro Kuleba said in a statement after a meeting with Wang Yi, the Chinese official, in the southern Chinese city of Guangzhou. “China’s role as a global force for peace is important.”Mr. Kuleba made clear that Ukraine attached conditions to such negotiations, saying it would only engage Russia when Moscow was “ready to negotiate in good faith.” He added: “No such readiness is currently observed on the Russian side.”Mr. Kuleba is visiting China for the first time since Russia’s invasion of Ukraine in February 2022. His trip comes as Ukraine is slowly losing ground in the war and faces growing uncertainty about the level of support it will have from the West. Moscow and Kyiv briefly held peace talks in the spring of 2022 but they quickly broke down over critical issues.For China, hosting Mr. Kuleba reflects the country’s ambition to play a bigger role in global security challenges as a counterweight to the United States. It also serves to rebut Western criticism of Beijing’s close alignment with Russia.Mr. Wang said China was committed to finding a political solution to the crisis, adding that while the timing was not yet right, Moscow and Kyiv had “sent signals of their willingness to negotiate to varying degrees,” according to a readout from China’s Foreign Ministry.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    China Shows Few Signs of Tilting Economy Toward Consumers in New Plan

    The Communist Party rebuffed calls from economists to shift away from investment-led growth and toward consumer spending.China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy.The outcome was a plan released on Sunday offering more than 300 steps on everything from taxes to religion. It echoed many familiar themes, like an emphasis on government investments in high-tech manufacturing and scientific innovation. There was little mention of anything that would directly address China’s plunging real estate prices or the millions of unfinished apartments left behind by failed developers.Many economists had called for a comprehensive effort to rebalance the Chinese economy away from investment and toward consumer spending. But the document — roughly 15,000 words in the English translation — made a brief and cautious call to “refine long-term mechanisms for expanding consumption.”The Communist Party’s Central Committee doubled down on industrial policy. The party promised to “promote the development of strategic industries” in eight sectors, from renewable energy to aerospace. Those were essentially the same industries as in the country’s decade-old Made in China 2025 plan to replace imports of high-tech goods with locally produced products, as part of a national push for self-reliance.A similar plan in 2013 had many provisions that have never been put into effect, such as a plan to roll out a nationwide property tax to raise money for local governments.Many of these local governments have fallen far into debt since then. Sunday’s plan proposed a different solution: The central government should become responsible for more of the country’s spending. It also called for expanding local tax revenues, but had only a bare mention of a real estate tax.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Donald Trump says Xi Jinping wrote him a ‘beautiful note’ after rally shooting

    Donald Trump has said China’s president wrote him a “beautiful note” after the assassination attempt a week ago, as he continued to court leaders whom Joe Biden has criticised as dictators.In his first campaign rally since narrowly escaping the attempt on his life in Pennsylvania, Trump told a crowd in Michigan on Saturday: “[President Xi Jinping] wrote me a beautiful note the other day when he heard about what happened.”The Republican presidential nominee recalled how he described Xi as “a brilliant man, he controls 1.4 billion people with an iron fist”, adding that the Chinese leader makes people like Biden look like “babies”.As well as familiar attacks on Biden and Vice-President Kamala Harris, Trump also used the rally in Grand Rapids to hail Xi and Vladimir Putin as “smart, tough” figures who “love their country”, echoing praise he gave in 2022 of the Russian president’s strategy to invade Ukraine. In that same 2022 speech, at a rally in Georgia, Trump called North Korean dictator Kim Jong-un “tough”, and said of Kim and Xi: “The smartest one gets to the top.” On Saturday, Trump said he “got along very well” with both leaders.Still wearing a small wound dressing a week after the shooting, Trump also publicly supported the Hungarian prime minister, Viktor Orbán, saying he was right in saying that “we have to have somebody that can protect us”. Orbán was this week accused by the Ukrainian president, Volodymyr Zelenskiy, of betraying European leaders after he travelled to Moscow for what he called a “peace mission”, holding a joint press conference with Putin in which the Russian leader told Kyiv to give up more land, pull back its troops and drop its efforts to join Nato.After meeting Trump recently in Florida, Orbán flagged the likelihood of a Trump victory, and urged European leaders to reopen “direct lines of diplomatic communication” with Russia and “high-level political talks” with China.Trump’s reference to a “beautiful note” from Xi echoes the now-famous “love letters” he received from North Korea’s Kim. In September 2018, Trump told a rally in West Virginia: “We fell in love. No, really. He wrote me beautiful letters.”The Washington Post reporter Bob Woodward later obtained 25 letters between Trump and Kim for his second book on the Trump presidency, Rage.In one letter, about a meeting in Singapore in June 2018, Kim wrote: “Even now I cannot forget that moment of history when I firmly held Your Excellency’s hand at the beautiful and sacred location as the whole world watched.”After a summit in Vietnam in February 2019, Kim wrote that “every minute we shared 103 days ago in Hanoi was also a moment of glory that remains a precious memory”.The summits did not reduce tensions with North Korea.With Reuters More