Archives China - Page 46 of 54 - New Eastern Outlook

Russia and China have long been struggling to establish a new world order, an order that will not have the West as its centre and the US dollar as the main currency shaping the global economic system. The new world order will be multipolar. Within this order, it will be possible to trade without USD. But while multipolarity and non-USD currency arrangements indicate some of the key features of the new order – and they are very important – they are not by themselves the mechanisms that could potentially yield a new world order. For a new order to become possible…

A series of announcements by the US reflect its large and still growing military presence across Asia-Pacific, particularly in East and Southeast Asia. Together, they reflect a continued and increasingly desperate desire by Washington to encircle and contain China. These announcements include plans for expanding the number of US air bases across the region as part of the US Air Force’s (USAF) new “Agile Combat Employment” (ACE) doctrine. It also includes plans for a “civilian port” in the Batanes islands, less than 200 km from the Chinese island province of Taiwan. Then there were recently announced plans by the US Department of Defense to create drone…

At the end of July this year, US President Joe Biden announced the allocation of another package of military assistance to Taiwan in the amount of up to $345 million. Unlike previous deliveries, this tranche will become special – free of charge, through a special mechanism of the Presidential Drawdown Authority (PDA). Previously, the PDA format, which allows weapons to be shipped directly from the Pentagon’s warehouses without unnecessary approval from Congress and bureaucratic procedures, was used only for military…