Maritime history and trade – the known and the unknown, explained by renowned historian Lincoln Paine

Lincoln Paine and his book Down East – An Illustrated History of Maritime Maine | Pic Credit: Lincoln Paine&nbsp It’s often said that the biggest turning point in human history was when we learnt to fly. The Wright Brothers and their exploits brought the world closer than ever before; we conquered the skies, the world became a family. However, from the prism of our evolution as a species, the even bigger point of realisation for all that we can accomplish was when we tamed the waters – when we…

Will the Trade War Lead to Real War with China? – Consortiumnews

What the U.S. faces with China is not a new Cold War but a contest unlike any it has known before, says Chas W. Freeman, Jr. By Chas W. Freeman, JrChasFreeman.net Five hundred years ago, Hernán Cortés began the European annihilation of the Mayan, Aztec, and other indigenous civilizations in the Western Hemisphere.  Six months later, in August 1519, Magellan [Fernão de Magalhães] launched his circumnavigation of the globe.  For five centuries thereafter, a series of Western powers — Portugal, Spain, Holland, Great Britain, France, Germany, Russia, and, finally, the…

Trump should ‘just say no’ to China trade deal

Many signs point to a trade deal of sorts with China coming together.  Top U.S. negotiators left Beijing on Friday without an agreement but both sides claimed progress and announced they will meet again next week in Washington.  Wall Street cheered the news. But there is still ample reason to be skeptical that China is serious about reform. The talks are the latest product of pressure President Trump has applied to China since taking office.  Last March, his top trade representative found that China systematically steals U.S. technology through unfair…

China, US trade barbs over Huawei and South China Sea at Munich conference

Beijing and Washington traded barbs over Huawei Technologies and the South China Sea at the Munich Security Conference on Saturday, as both sides also sought to sell their vision for regional security. In a speech lasting almost 30 minutes, US Vice-President Mike Pence urged political leaders at the conference to reject the Chinese telecoms giant. The US has been “very clear with our security partners on the threats posed by Huawei and other Chinese telecom companies”, Pence said. “Chinese law requires them to provide Beijing’s vast security apparatus with access…

Chancellor will not make trade trip to China next week amid fury at Gavin Williamson pledge to send aircraft carrier

The chancellor will not visit China after Beijing reacted with fury to the defence secretary Gavin Williamson’s plan to send a British aircraft carrier to the country’s backyard. Philip Hammond was expected to undertake the trade mission next week – a vital part of efforts to build the UK’s global trading links ahead of Brexit – but the Treasury announced he will not go. It follows Mr Williamson’s “gunboat diplomacy”, when he announced HMS Queen Elizabeth would be sent to the Pacific and that Britain was prepared to use “lethal”…

U.S.-China Trade War: How Did We Get Here? – iShares China Large-Cap ETF (NYSEARCA:FXI)

*This article was first printed on the China-US Focus website, www.chinausfocus.com.* The US and China are currently locked in a trade war amid other tensions, a situation which was unforeseeable just three years ago. Under President Obama, the US-China relationship was viewed as critical and treated with care. Now, under President Trump, China hawks dominate US foreign policy with the Asian nation, with little regard to making real or perceived slights. How did we get to this point, and what will it mean for what Obama referred to as “the…

U.S.-China Trade War Boosts Vietnamese City’s Economy : NPR

Vietnam’s economy grew faster than any mature country last year, partly because of the trade war. Manufacturers are leaving empty factories in China and are fleeing to cities like Hai Phong. STEVE INSKEEP, HOST: Some economists say there is no winner in a trade war. They’ve said that especially during President Trump’s trade war with China. Turns out, there is at least one winner, though. Vietnam is gaining business. It’s receiving what you might call trade war refugees who are taking their business out of the war zone. NPR’s Rob…

‘Like pulling teeth’: In trade talks, China and US said to be far apart on structural changes by Beijing

Chinese and American trade negotiators remain far apart on key issues, including a US demand to ensure Beijing honours any commitment to equal market access and intellectual property protection – an issue Washington sees as crucial in reaching a deal to end the trade war, sources said on Thursday. “There are already significant doubts about what China is putting on the table,” one of the sources, who is familiar with negotiations, told the South China Morning Post. Over the course of trade talks, China has been recycling the same sort…

‘Gunboat diplomacy’ dispute upsets UK trade mission to China

Plans by chancellor Philip Hammond for a trade mission to Beijing have been soured by a “gunboat diplomacy” row sparked by defence secretary Gavin Williamson’s announcing he would send a new British aircraft carrier to China’s backyard. China’s ambassador to London complained to the Foreign Office about Mr Williamson’s speech and British government insiders said the “idiotic speech” had complicated the proposed trip to Beijing by Mr Hammond, due to happen in the next few days. George Osborne, former chancellor, said the row characterised Britain’s confused approach to China, with…