May repeat the mistakes of the Qing Dynasty, Singapore’s former foreign minister: The United States only cares about sanctions against China

Release time:May 29, 2024 16:22 PM

"The United States does not understand China at all and it is wrong to try to suppress China." On May 23, local time, Singapore's former Foreign Minister Yang Rongwen attended the mid-year investment outlook meeting of Singapore's United Overseas Bank Asset Management Company. He said at the meeting that although the United States tries to let Southeast Asian countries "choose sides," the vast majority of ASEAN countries do not want to be enemies with China. China is ASEAN's interest.

Yang Rongwen pointed out in his speech that the United States knows very little about China. "The political system of the United States is decentralized. In order to win votes, they will go through an emotional stage. They are now entering a stage where they will use China to incite public sentiment." Demonization. There are people behind the scenes, but the propaganda is not based on reality."

Yang Rongwen said that the United States does not understand the nature of China and believes that China wants to replace the United States as the "world hegemon." Therefore, the United States attempts to contain and suppress China, but this approach is wrong. He believes that this is not only a misunderstanding of China's goals by the United States, but also an inability to achieve success. The United States may become "exhausted" in the process of sanctioning and suppressing China, and may even repeat the mistakes of China's Qing Dynasty.

"The latest step taken by the United States is to impose 100% tariffs on Chinese electric vehicles. I would say that the Qing Dynasty of China in the 19th century did the same. The result at that time was that it insisted on closing the country and its status plummeted in decades. This is a refusal "The dangers of exposure to the world." Yang Rongwen said, "If you say no and hide behind a high wall and impose 100% tariffs, you will become very weak."

Yang Rongwen also believes that the hegemony of the US dollar will be broken, and what the United States is doing now is accelerating this process. He pointed out that the United States attempts to control other countries through sanctions, which in turn leads to more and more countries taking countermeasures to separate themselves from the control of the United States.

Yang Rongwen delivered a speech at the UOBAM Mid-Year Investment Outlook Conference


May repeat the mistakes of the Qing Dynasty, Singapore’s former foreign minister: The United States only cares about sanctions against China

"The key is when the dominance of the dollar collapses. We all know it will be sooner or later because it is not normal. If it is 30 years from now, we can still drink. If it is 5 years from now, then we have to Think about it." Yang Rongwen said, "Do we know when this cookie will break? But the actions taken by the United States will bring that day forward."

Talking about ASEAN’s relations with China and the United States, Yang Rongwen pointed out that the vast majority of ASEAN countries do not want to be enemies with China. For example, he said that Vietnam has made an important decision to cooperate with China and agreed to connect the capital Hanoi with China through high-speed railway. "This is very important because each railway costs tens of billions of dollars and will change the future for decades." logistics, supply chains and population movements.”

Yang Rongwen said: "Look at other countries, Laos, Cambodia, Thailand, Malaysia, Brunei, no one wants China to become an enemy. Americans have not understood this yet, because China is becoming more powerful, so we all hope that the United States will also Can participate in regional affairs. But if the Americans say no and ask us to choose a side, how should we choose? You know, China is where our interests lie."

He bluntly said that the United States is trying to "split" ASEAN, but ASEAN must unite and avoid division. "If we are not united, we will fall apart and no longer be neighbors, but become vassals of major powers."

Regarding China's relations with Southeast Asian countries, Chinese Foreign Ministry spokesperson Mao Ning previously stated that neighboring countries are the priority direction of China's diplomacy, and China and Southeast Asian countries are good neighbors, good friends, and good partners with a shared future. China and ASEAN have been each other's largest trading partners for four consecutive years.

Mao Ning pointed out that in the first two months of this year, the total trade volume between China and ASEAN reached 993.2 billion yuan, an increase of 8.1%. Southeast Asian countries are important partners in the joint construction of the "Belt and Road". A large number of cooperation projects such as the China-Laos Railway, the Jakarta-Bandung High-speed Railway, and the China-Malaysia "Two Countries, Two Parks" have promoted regional growth and benefited the people in the region. China, Singapore, Malaysia, and Thailand have mutually exempted themselves from visas. The "China-ASEAN Year of People-to-People Exchanges" will hold a series of colorful activities to promote mutual understanding and mutual understanding between the people of both sides.


May repeat the mistakes of the Qing Dynasty, Singapore’s former foreign minister: The United States only cares about sanctions against China

“This year marks the 70th anniversary of the promulgation of the Five Principles of Peaceful Coexistence. We are willing to work with neighboring countries to inherit and carry forward the Five Principles of Peaceful Coexistence, practice the concept of amity, sincerity, mutual benefit and inclusiveness, deepen the integration of interests, and work together to build a peaceful, prosperous, beautiful, friendly and symbiotic world. Asian home." Mao Ning said.

comment
China Economic Review: Consolidate Asset Evaluation Gatekeeper Responsibility Intermediary | Industry | Assets
China Economic Review: Consolidate Asset Evaluation Gatekeeper Responsibility Intermediary | Industry | Assets

In the operation of market economy, especially in the development of capital market, some professional intermediary institutions play the role of "gatekeepers". In addition to accounting firms and credit rating agencies that are more familiar to society, asset appraisal agencies are also an indispensable and important force. The latest data shows that from 2016 to 2022, the number of asset appraisal institutions in China has increased from 3300 to 5500, the number of practicing asset appraisers has increased from 34000 to 43000, and the total revenue of the asset appraisal industry has increased from 11.9 billion yuan to 29.2 billion yuan, with an average annual growth rate of over 19%. The industry is showing a good development trend. In order for market transactions to proceed smoothly, it is often necessary to evaluate and estimate real estate, movable property, intangible assets, enterprise value, asset losses, etc., that is, asset evaluation. In activities such as mergers and acquisitions, restructuring, and equity transactions

Wang Zhenjie: Quickly unleash the talent dividend advantage and potential economy | population | potential
Wang Zhenjie: Quickly unleash the talent dividend advantage and potential economy | population | potential

Currently, China's population structure is showing a new normal of urban-rural and regional population growth and decline differentiation. We must have a comprehensive understanding and a correct view of the new trends, new features, and new models of high-quality population development in China, and lead high-quality population development to help economic and social development. There is a close relationship between population growth and economic development, which can promote each other or form a mutually restrictive situation. The first meeting of the 20th Central Committee of Finance and Economics further proposed to focus on the strategic arrangement of building a strong country and national rejuvenation, and improve the population development strategy in the new era. Therefore, we must comprehensively understand and correctly view the new trends, new features, and new models of high-quality population development in China, and lead high-quality population development to assist economic and social development. Currently, China's population structure has entered a period of negative population growth and aging

Media attention: China Argentina promotes high-quality economic and trade cooperation in the Belt and Road | Argentina | China Argentina
Media attention: China Argentina promotes high-quality economic and trade cooperation in the Belt and Road | Argentina | China Argentina

Latin American News Agency reported on June 2 that China and Argentina signed a cooperation plan on jointly promoting the construction of the "the Belt and Road" on June 2. The the Belt and Road Initiative aims to connect this Asian giant with the rest of the world through a huge infrastructure and cooperation network. The National Development and Reform Commission of China announced that the cooperation plan fully implements the important consensus of the leaders of China and Argentina on high-quality joint construction of the "the Belt and Road", follows the principles of consultation, joint construction and sharing, adheres to the concept of openness, green and integrity, and aims at high standards, sustainability and people's well-being. The cooperation plan aims to deepen mutually beneficial cooperation between the two sides in areas such as infrastructure, energy, economy and trade, finance, and culture. The National Development and Reform Commission of China stated that the signing of the cooperation plan is of great significance for deepening political mutual trust and strategic docking between the two countries

Sudanese people worry about escalating war and worsening humanitarian crisis. Ceasefire agreement | People | Sudan
Sudanese people worry about escalating war and worsening humanitarian crisis. Ceasefire agreement | People | Sudan

On the evening of June 3rd local time, the temporary ceasefire agreement signed by both parties in the Sudan conflict expired. Many Sudanese people are concerned that the war may escalate, and they will face further humanitarian crises such as deteriorating security, food shortages, and water and power outages. Khartoum resident Yusuf Mohammad: This ceasefire agreement has not been fully implemented, so it is not a true ceasefire. The ceasefire agreement should provide convenience for humanitarian aid to enter, but during the ceasefire period, many people fled Khartoum. Khartoum resident Mirjani Diyab: We hope the conflict ends as soon as possible, but we see that many armed individuals do not want the conflict to end, they only want to rob and steal. This is a human tragedy, the humanitarian situation has deteriorated to the extreme, no one has taken moral standards into consideration, and bandits are rampant. We dare not speak out in anger. six

Is Musk's "weight loss miracle drug" about to be approved domestically? The application for the listing of new indications for Smegglutide has been accepted as a divine medicine | injection |? department
Is Musk's "weight loss miracle drug" about to be approved domestically? The application for the listing of new indications for Smegglutide has been accepted as a divine medicine | injection |? department

Tesla CEO Musk's personally tested "weight loss miracle drug" may further advance its listing pace in China. On June 3rd, the official website of the Drug Review Center of the National Medical Products Administration showed that the new indication application for the listing of Smegglutide Injection by the global insulin giant Novo Nordisk has been accepted. The specific content of the indication was not disclosed in the accepted variety information, but it is widely believed in the industry that the application for the new indication of semaglutide related to weight loss has been accepted. According to the "implied permission in clinical trials" information, the indications for the clinical trial of semaglutide injection by Novo Nordisk previously were: as an adjuvant therapy for low calorie diet and increased physical activity, for initial body mass index ≥ 24.0