Beijing — Canadian Prime Minister Mark Carney hailed a new “strategic partnership” with China during a meeting with leader Xi Jinping Friday, as the US ally took steps to reset ties with Beijing in the face of historic friction with Donald Trump.
Canada would ease tariffs on Chinese electric vehicles and expected China to significantly reduce barriers tariffs on Canadian canola seed later this year, Ottawa said in a statement after the meeting – in a major step to ease long-standing trade tensions.
The prime minister’s visit this week had made clear Ottawa’s new objective: to move its economy closer to its second largest trading partner following a year in which Trump ratcheted up trade and political frictions with Canada, imposing sweeping tariffs and publicly musing about turning the country into the 51st US state.
Just because the People’s Republic of China is ruled by the “Communist Party” in an authoritarian manner doesn’t mean that China still has a communist socio-economic order. The regime opened up to significant capitalist elements decades ago, allowing market forces and private enterprise. It’s not communism that’s generating those billionaires. Just sayin’.
Neither is it capitalism that’s exiling, imprisoning, and executing billionaires when they break the law. Just sayin’.
Not when they break the law, when they break the law in such a way that it hurts other capitalists. You are allowed to use and abuse the average citizen, just don’t steal another billionaire’s share of the pie.
It’s capitalism on turbo, but they also have all the means of manufacturing everything so they don’t depend on a competing state.
It’s still late stage capitalism, but it’ll probably exist in that for a lot longer the US empire, which is collapsing because it prioritized short term profit over long term sustainability and now that china caught up in quality and pretty much surpassed it in reputation, it’s beyond repair.
So they’re desperately trying to control oil supply around the world, to maintain value of the petrodollar.
Agreed.
Everything you said seems pretty accurate. Communism is just propaganda as it always was in China.
Mao was a very different kind of beast than the current senior administration. My point is that 21st century China is basically carrying out the playbook that the US superpower developed in the second half of the 20th century. We’ve seen a lot of this stuff before… it’s just that the weight is clearly shifting toward China, now that the US administration is eating up itself. Except that the Chinese leadership isn’t even trying to pretend it follows democratic ideals. It’s both fascinating and terrifying to watch.
We can disagree that communism was always a window decoration. I see actions and I don’t really give much weight to obvious propaganda.
China is just another fascist nation at this point as reliant on the US as US is on it. Both are intertwined economically and it shows. Our “enemy” the number one trading partner of the US and our other “enemy”.
The propaganda never ends and reality is harder than ever with thousands of bullshit excuses and reasonings given for all the garbage governments do.
There are no major nations that deserve humanity at this point. I am under no illusion that there are no good guys especially with the US.