America’s struggle with China and North Korea is for keeps

Existential struggles are not conducive to compromise, especially when the opposing sides see the competition in those stark terms. The United States is in such confrontations with the People’s Republic of China (PRC) and its junior communist ally, the Democratic People’s Republic of Korea (DPRK). North Korea’s dynastic regime has viewed the United States as its implacable enemy at least since the Korean War when America stopped it from conquering the South. It still presents an existential threat against South Korea with thousands of artillery tubes targeting Seoul, and America…

Kyle Bass: Xi Has Lied To America About Militarizing South China Sea

Kyle Bass, Hayman Capital Management founder and CIO, talks about the trade war with China, He says the U.S. and China don’t trust each other. Bass speaks with David Westin on “Bloomberg Daybreak: Americas.” (Source: Bloomberg) Bass: Xi Lied To Us About Militarizing The South China Sea Get The Full Seth Klarman Series in PDF Get the entire 10-part series on Seth Klarman in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. Q1 hedge fund letters, conference, scoops etc Transcript Kyle you’ve…

US China: US says China’s focus on its South China Sea ops unwarranted

SINGAPORE: The head of operations of the United States Navy said on Wednesday that its freedom of navigation movements in the disputed South China Sea get more attention than they deserve. The U.S. military said two of its warships sailed near islands claimed by China in the South China Sea on Monday last week, a move that angered Beijing at a time of tense ties between the world’s two biggest economies. “(The operations) get more attention in the media and also have, sometimes from China, than they warrant, to be…

the dollar sweeps all before it

It may not be wholly satisfactory to President Trump, but at the moment the dollar is sweeping all before it. A quick look at the DXY shows that the dollar hit a 12 month high against the basket of currencies it’s measured against in the latter part of April, and that it is on course currently to go through that high and on into waters not charted for nearly two years. A host of negative factors elsewhere are contributing to the positivity towards the dollar, not the least of…

US: South China Sea operations not meant to be provocative

US: South China Sea operations not meant to be provocative (Philstar.com) – May 17, 2019 – 3:52pm MANILA, Philippines — As the US Navy vows to maintain its presence in the South China Sea, its chief clarified that naval operations in the region are not meant to provoke any country. China has been protesting US freedom of navigation operations in the South China Sea, the latest of which was when two US warships sailed near Gaven and Chigue reefs in the Spratly Islands last week. The Chinese Foreign Ministry…

US Admiral Urges Australia, Indonesia to Counter Beijing in South China Sea

World 10:58 17.05.2019Get short URL The US has repeatedly sent its warships through the South China Sea, a strategic waterway, in what Washington calls “freedom of navigation” exercises. Beijing, which claims ownership of 90 percent of the South China Sea, in turn has warned Washington against “actions that undermine China’s sovereignty”. US Chief of Naval Operations Admiral John Richardson has urged Southeast Asian nations to hammer out their own response to what the White House has described as Beijing’s “militarisation” of the South China Sea. “I think every nation is going to have to assess the situation and…

U.S., France, Japan, Australia hold 1st joint naval drill in Asia:The Asahi Shimbun

Warships from France, Japan, Australia and the United States held their first ever combined naval exercise on Thursday, in a new show of force in Asian waters by the United States and its allies who are wary of China’s growing power. The French aircraft carrier, FS Charles de Gaulle and its escorts, were joined the Bay of Bengal by five other naval vessels, including a Japanese helicopter carrier, a U.S. guided missile destroyer and an Australian submarine. They practiced formation sailing, live fire drills, and search and rescue, according to…

US urges Southeast Asia to respond to China’s island fortification

An aerial shot of Chinese-claimed reef Subi reef, from a Philippine airforce plane, as Defense Secretary Delfin Lorenzana along with some journalists visit the Philippine-claimed Thitu island just opposite Subi reef in Spratlys on April 21, 2017. A group of Filipino fishermen have accused China’s coast guard of shooting at their vessel in disputed South China waters, Philippne authorities said April 21. Ted Aljibe, AFP MANILA — A senior United States Naval officer is encouraging Southeast Asian nations to determine its own response to China’s military expansion in the South…

A new kind of cold war

FIGHTING OVER trade is not the half of it. The United States and China are contesting every domain, from semiconductors to submarines and from blockbuster films to lunar exploration. The two superpowers used to seek a win-win world. Today winning seems to involve the other lot’s defeat—a collapse that permanently subordinates China to the American order; or a humbled America that retreats from the western Pacific. It is a new kind of cold war that could leave no winners at all. As our special report in this week’s issue explains,…

US, Philippine ships conduct drill in disputed sea – News – NHK WORLD

The coast guards of the US and the Philippines have conducted a joint exercise near disputed waters in the South China Sea. Philippine coast guard officials said the drill took place on Tuesday near Scarborough Shoal, west of the island of Luzon. They said it was the first joint US-Philippine exercise to be held near the shoal. China effectively controls the shoal, which is also claimed by the Philippines and Taiwan. Officials said three US and Philippine ships took part in the exercise to simulate a search-and-rescue operation after the…