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ICYMI – global anti-China sentiment at its highest since 1989 Tiananmen Square crackdown

A piece via Reuters on an internal Chinese report by the Ministry of State Security to top Beijing leaders including President Xi Jinping

  • Reuters cite an unnamed source, and add: “Reuters has not seen the briefing paper, but it was described by people who had direct knowledge of its findings.”
  • Highlights:
  • report presented early last month
  • concluded that global anti-China sentiment is at its highest since the 1989 Tiananmen Square crackdown
  • As a result, Beijing faces a wave of anti-China sentiment led by the United States in the aftermath of the pandemic and needs to be prepared in a worst-case scenario for armed confrontation between the two global powers, according to people familiar with the report’s content, who declined to be identified given the sensitivity of the matter.
We’ve been seeing a tick u0p in rhetoric aimed at China. most noisily from the US but it wider spread than that (Australia, for example).
 Its been a factor in some of the risk unwind we have seen.
A piece via Reuters on an internal Chinese report by the Ministry of State Security to top Beijing leaders including President Xi Jinping

Let’s take stock of US-China trade talks

What is the sentiment like at the moment surrounding US-China trade talks?

US-China
I remember questioning the sincerity of the more optimistic risk mood last month when China started to endlessly talk up chances of a trade deal across all media platforms.
It almost felt as if it was too good to be true and like it was too forceful since they have always been more reserved all along upon the conclusion of each phase of trade talks.
Well, look at where we are now. The mood has certainly made a complete U-turn with China staying eerily quiet and the only thing they’re willing to offer is that they had “constructive” talks with the US on trade over the weekend.
It feels like we’re reverting back to old habits again, that is before the round of trade talks in Washington last month.

Are we still on track for a “Phase One” deal?

(more…)

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