News
China Rising: The Red Dragon Surpasses America as Dominant Exporter
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.
News
Southern Baptist Convention Reverses Course on Name Change After BLP Reporting
They say they’re not changing their name.
The Southern Baptist Convention has sought to dispel reporting from Big League Politics on the organization’s planned name change, arguing that the institution isn’t formally changing its name.
To correct multiple inaccurate reports, “We Are Great Commission Baptists” is the 2021 Annual Meeting THEME.
The GCB descriptor was approved in 2012 for churches to use if it would be helpful in their local context.
The Southern Baptist Convention remains our official name.
— SBC Executive Committee (@SBCExecComm) September 17, 2020
But a close look at the American Christian church’s plans relating to its name reveal that it’s played with the idea far more seriously than they’re making it seem.
Reports of a name change first emerged in a Washington Post article published on Tuesday. SBC President JD Greear told the Post that “hundreds of churches” affiliated with the denomination had “committed” to using the phrase “Great Commission Baptist” as an alternative to the denomination’s longtime moniker. The change would come as Greear touts his support of the Black Lives Matter, although he’s been careful in pointing out he doesn’t support any formal organization related to the movement. Greear also is renaming the church he personally pastors with the term.
The SBC’s 2021 convention will also organize under the motto of “We Are Great Commission Baptists.” Sounds a lot like a name change, even if the SBC’s leadership is steadfastly maintaining it isn’t.
The name ‘Great Commission Baptist’ is theologically sound in the Christian religion, but it’s somewhat questionable that the organization’s leader appears to be emphasizing it at a moment in which political correctness is making its entryism into many Christian churches and organizations.
It seems as if the organization’s figurehead is keen to present himself as a liberal-style suburban Evangelical to the Washington Post, but he changed his tune quite quickly when the rank and file membership of Southern Baptist churches learned that he was promoting the idea of a name change.
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