An image has been circulating around Twitter showing an infographic of China’s exports dominance over the course of nearly 20 years. This image came from an article by Liz Faunce in the Financial Times.
One image, representing a map of the U.S’s and China’s spheres of influences, had the U.S. as the dominant exporter in 2000. With few exceptions, the U.S. dominated export markets in every region of the globe.
2000 vs 2019
US and China sphere of influence. This is what the trade war is all about pic.twitter.com/1wIRTnDjZC
— Zeeshan Mhaskar (@MhaskarChief) November 25, 2019
But when China entered the World Trade Organization (WTO) in 2001, the entire game changed.
China is now the principal exporter on the world stage, with it dominating every continent with the exception of North America. Interestingly, South America, with exceptions of Ecuador and Colombia, are dominated by Chinese exports.
“It is clear that China has benefited from its belonging to the WTO, a process that started in the 1990s when Bill Clinton paved the way for it,” declared Thomas Costerg, senior economist at Pictet Wealth Management. Costerg’s team gathered the figures based on the IMF’s Direction of Trade Statistics database.
Costerg added, “They became a member in 2001 and China has become this massive manufacturing and export powerhouse over the past 20 years.” However, there is reason to believe that China’s trade dominance may not last for so long.
Costerg claims that China may face more competition for low value goods from countries such as Vietnam and textile exporters from South Asia. This serves as a reminder of the growing influence of China on the world stage.
While D.C. decided to launch never-ending wars in the Middle East, China used soft power through its trade agreements and economic clout to carve out massive spheres of influence across the globe.
With the election of Donald Trump, who ran on a platform that stressed equal terms of trade with China, now many are waking up to the malignant nature of the Chinese state.
Given its history of authoritarianism, China as a unipolar power could prove to be dangerous for freedom at the international level.
These next few decades will be critical in determining what China’s role on the international stage will be.
If U.S. policymakers are not careful, the 21st century will be Chinese, which does not bode well for human freedom.
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Dallas County Commissioners Vote to Place Limits on Activist Judge Clay Jenkins’ MASSIVE Power Grab
On Tuesday, April 7, 2020, Dallas County commissioners voted to restrict County Judge Clay Jenkins’ emergency powers.
They argued that they were unaware of certain sensitive decisions taken by Jenkins.
These Commissioners voted to have Jenkins inform all four of commissioners and allow them to meet up before deciding to impose more restrictions on essential businesses. On top of that, they required him to obtain a majority vote before extending the shelter-in-place order beyond April 30, 2020.
Ever since March 19, Jenkins has issued a number of orders which included limits on group gatherings and a shelter-in-place order that compelled non-essential businesses and services to shut down two weeks ago.
On April 3, 2020, commissioners approved the extension of the disaster declaration until May 20. Additionally, Jenkins announced on Twitter that he would extend stay-at-home orders until April 30.
The restrictions were weakened after a four-hour meeting. Jenkins even hinted before the vote that the originally proposed restrictions were “dangerous” and would keep him from acting decisively during a pandemic.
“We’re just not going to be able to get things done if we stop and have a two- or three-hour meeting every day on things like whether or not people should solicit at your home or not,” Jenkins said before the vote took place.
Commissioner John Wiley Price, who represents a large portion of southern Dallas, declared that there’s been a “throat choke” on his constituents during the past few weeks.
Price said he was “incensed” by decisions Jenkins took unilaterally.
“If you can confer with 250 people every day, or every other day, then you can confer with us,” Price said to Jenkins.
Price has advocated for pawn shops and check-cashing businesses to be reopened, saying people in the communities he represents would benefit from the re-opening of the economy.
Jenkins ordered on April 6, 2020 that those businesses could open up their doors provided that they implement certain social distancing policies and follow consumer protection measures laid out in his amended order.
Commissioner J.J. Koch, who put forward the amendment to restrict Jenkins’ power, said he was of the opinion that it was “prudent” for commissioners to vote on these issues together.
“It’s a little bit concerning that there are still pieces that have to be addressed this late in the game at such a rapid pace,” Koch stated. “We shouldn’t be in this place.”
Commissioner Theresa Daniel said her colleagues need to be in the loop when it comes to making decisions due to the resources they can offer.
“What I see in this is not that we are putting barricades or barriers to progress or addressing issues that must be addressed,” Daniels commented. “We agree with you and appreciate all those efforts, but we are a part of this county, we are a part of these decisions, and we have not been kept in the loop.”
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