{"id":39253,"date":"2018-10-17T05:55:23","date_gmt":"2018-10-17T10:55:23","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39253"},"modified":"2018-10-17T05:55:23","modified_gmt":"2018-10-17T10:55:23","slug":"welcome-to-the-g-20-from-hell","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39253","title":{"rendered":"Welcome to the G-20 from Hell"},"content":{"rendered":"
\"US<\/p>\n
US Commerce Secretary Wilbur Ross, left, chats with Chinese Vice-Premier Liu He during ‘trade dispute’ talks in Beijing earlier this year. Some sort of agreement could be reached at the G20 summit. Photo: AFP \/ Andy Wong<\/div>\n<\/div>\n

Welcome to the G-20 from Hell<\/a><\/h3>\n

World leaders wrestle with a maelstrom of complex, burning issues as they prepare for November 30 summit<\/strong><\/p>\n

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The G-20 in Buenos Aires on November 30 could set the world on fire \u2013 perhaps literally.\u00a0Let\u2019s start with the US-China trade war. Washington won\u2019t even start discussing trade with China at the G-20 unless Beijing comes up with a quite detailed list of potential concessions.<\/p>\n

The word from Chinese negotiators is not at all bleak. Some sort of agreement could be reached on about a third of US demands. Debate on another third could ensue. But the last third is absolutely off-limits \u2013 due to Chinese national security imperatives, such as refusing to allow the opening of the domestic cloud computing market to foreign competition.<\/p>\n

Beijing has appointed Vice-Premier Liu He and Vice-President Wang Qishan to supervise all negotiations with Washington. They face an uphill task: to pierce through President Donald Trump\u2019s limited attention span.<\/p>\n

On top of it, Beijing demands a \u201cpoint person\u201d with the authority to negotiate on behalf of Trump \u2013 considering the mixed-message traffic jam out of Washington.<\/p>\n

Now compare this with the message<\/a> coming from the research institute fabulously named Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era under the Party School of the Central Committee of the Communist Party of China (CPC): the US has started the \u201ctrade friction\u201d essentially \u201cto hinder China\u2019s industrial upgrading.\u201d<\/p>\n

That\u2019s the consensus at the top.<\/p>\n

And the clash is bound to get worse.\u00a0Vice President Mike Pence accused China<\/a>\u00a0of \u201cmeddling in American democracy,\u201d \u201cdebt diplomacy,\u201d \u201ccurrency manipulation,\u201d and \u201cIP theft.\u201d The Foreign Ministry in Beijing dismissed it all as \u201cridiculous<\/a>.\u201d<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US Commerce Secretary Wilbur Ross, left, chats with Chinese Vice-Premier Liu He during ‘trade dispute’ talks in Beijing earlier this year. Some sort of agreement could be reached at the G20 summit. Photo: AFP \/ Andy Wong Welcome to the G-20 from Hell World leaders wrestle with a maelstrom of complex, burning issues as they […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[2045,130,7844,22352,22353,16089,4076,20920,827,22354,865,11416],"class_list":["post-39253","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-beijing","tag-china","tag-donald-trump","tag-g-20","tag-liu-he","tag-mike-pence","tag-pepe-escobar","tag-the-asia-times","tag-united-states","tag-wang-qishan","tag-washington","tag-wilbur-ross"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39253"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39253\/revisions"}],"predecessor-version":[{"id":39254,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39253\/revisions\/39254"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}