in this 3 September interview w/ Nour Amache on Asharq News with Bloomberg, EU ASEAN director MN Firzli looks at China’s new “supply side” stimulus package passed rather hastily by the Politburo Standing Committee, China’s normally cautious core-policy-making body, led by chairman Xi … “What’s the rush?” It may be that Beijing was caught by surprise by Washington’s new strategic resolve, based to a large extent on the unprecedented, systematic “weaponization of everything”, from the US dollar to microchip foundries, infrastructure assets and foreign direct investment (FDI), once the fuel of China’s formidable GDP growth (1987-2022).
U.S. Commerce Secretary Raimondo, former governor of Rhode Island, and, more importantly, a shrewd tech venture capital billionaire investor in her own right, is the chief architect of America’s new economic nationalism. Her highly choreographed visit to Beijing and Shanghai earlier this week marks “an acceleration in the global geo-economic rivalry which will define the 21st century: now, chairman Xi knows there’ll be no let-up in the New Cold War”
https://now.asharq.com/clip/الفرزلي-بيانات-الاقتصاد-الصيني-ستكون-متواضعة-أو-سيئة-على-المدى-المنظور