Decoupling From CCP: US and Allies Would Cut China's Growth | Economy | Epoch News
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http://ept.ms/EpochNewsDecoupling From CCP: US and Allies Would Cut China's Growth
As U.S.-China relations become increasingly tense, the chances of a U.S.-China decoupling has drawn increasing attention. Some economists believe that if the United States joins hands with its allies in decoupling from the CCP, it will cause a huge blow to China’s economy, dropping its GDP growth to 1.6%. If so, all kinds of social problems that were once placated by the economic growth of China will become more pressing.
Bloomberg economists Tom Orlik and Bjorn Van Roye wrote on September 3 that such a decoupling would have a much larger impact on China than on the U.S. as China gains more from cross-border exchanges of ideas and innovation.
U.S., Australia, Japan, and India Formalize Arc of Democracy in Indo-Pacific
Australia, America, Japan, and India could formalize their quadrilateral strategic security ties at an in-person ministerial meeting in Delhi in the coming weeks.
On Aug. 31, in an online seminar at the annual U.S.-India Strategic Partnership Forum, the Deputy Secretary of the U.S. State Department Stephen Biegun said the Indo-Pacific was lacking strong multilateral structures.
He said: “It is a reality that the Indo-Pacific region is actually lacking in strong multilateral structures. They don’t have anything of the fortitude of NATO or the European Union.”
“The strongest institutions in Asia oftentimes are not inclusive enough, and so … there is certainly an invitation there at some point to formalize a structure like this.”
CCP’s Facial Recognition Technology Collects and Sells Personal Information
Insiders of the industry indicated that the serious problem of the leak of facial recognition data in China lies in the fact that not only are the facial photos leaked, citizens’ sensitive information such as ID card numbers, bank card numbers, and cellphone numbers are also leaked. And the matching photo can be used to simulate a real person’s behavior like nodding, shaking, blinking, and talking. Individuals whose personal information was stolen are at risk for the rest of their lives because their names would be registered in most software for online money lending and fraudulent activities.
Ethnic Mongolians Petition Against Beijing’s Language Suppression
Tens of thousands of ethnic Mongolians have signed a petition in protest against Beijing’s new push to promote the country’s official language Mandarin in Inner Mongolia, a move that some have described as “cultural genocide.”
Last week, widespread anger began brewing in the northern Chinese region of Inner Mongolia after authorities announced they would introduce Mandarin-only tea
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