Canada and China have agreed to strengthen economic ties. China will introduce visa-free travel for Canadians. Canada will allow up to 49,000 Chinese EVs into its market at a 6.1% tariff. The deal aims to attract Chinese investment in Canada's auto sector and increase Canadian exports to China by 50% by 2030.
Prime Minister of Canada
Prime Minister Carney forges new strategic partnership with the People’s Republic of China focused on energy, agri-food, and trade
To forge a new Canada-China partnership, the Prime Minister, Mark Carney, visited Beijing, the People’s Republic of China, this week. This marke...
 #canada #china #geopolitics #economics #cdnpoli
Even before the whole Greenland fiasco, only 16% of EU citizens were found to consider the US an ally. Even in the UK that number was down to a meagre 25%. In fact perceptions of the US as an ally are in complete collapse globally, with India remaining an odd exception.
ECFR
How Trump is making China great again—and what it means for Europe – European Council on Foreign Relations
A post-Western world is learning to love China, while Europeans are starting to fear America.
 #usa #eu #politics #geopolitics
Labour minister has given PC donor-led companies 80% of for-profit businesses’ Skills Development Funds. https://www.thetrillium.ca/news/the-trillium-investigations/labour-minister-has-given-pc-donors-companies-80-of-for-profit-businesses-skills-development-funds-11746974 #canada #cdnpoli
Chinese economists published a study arguing that US-China trade is driven by a financialization-offshoring nexus. US multinationals offshore production to China to extract surplus value, then use profits for financial activities (shareholder payouts, tax avoidance) rather than domestic reinvestment. This cycle makes reshoring US manufacturing nearly impossible, as financialization depends on continued offshoring.
American Economic Association
 #usa #china #economics #tradewar
China announced record export numbers for 2025, a year when US President Donald Trump's tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world's largest-ever trade surplus - the value of goods and services sold overseas compared to its imports - at $1.19tn.
China announces record trade surplus despite Trump tariffs
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.
 #china #economy #tradewar
Today, the US Economy Increasingly Dependent on Spending by Wealthiest 10%. In 2005, Citigroup's "Plutonomy" memo advised wealthy clients on profiting from extreme inequality. It declared the "American consumer" a myth, replaced by a tiny, ultra-rich class whose spending drives the economy. The memo argued social backlash was unlikely as long as people believed in upward mobility.
benefitspro.com
US Economy Increasingly Dependent on Spending by Wealthiest 10%
If the well-off pull back, the economy could quickly fall into a recession.
Scribd
Plutonomy Memo by Citigroup | PDF
Citigroup wrote memos in 2005 and 2006 addressed to investors, basically saying that the world is dividing up more and more into a small group of r...
 #usa #uspol
The URL shortener that makes your links look as suspicious as possible. 😆
CreepyLink
CreepyLink
Make your links look as suspicious as possible
 #programmerhumor
😆
How Liberals Fell In Love With The West Wing
Aaron Sorkin’s political drama shows everything wrong with the Democratic worldview...
 #liberalism #politics image
Chinese customs authorities told customs agents this week that Nvidia's (NVDA.O), opens new tab H200 artificial intelligence chips are not permitted to enter China, according to three people briefed on the matter. https://www.reuters.com/world/china/chinas-customs-agents-told-nvidias-h200-chips-are-not-permitted-sources-say-2026-01-14 #china #technology #nvidia
Ai WeiWei is jaded with the West: ‘Most Western people I know are very ignorant about China.’ You live in the West now. Are you still under censorship? 'Of course.' 'China is at its best moment of the past 100 years.' https://www.wsj.com/opinion/free-expression/q-a-ai-weiwei-9f27958e #china #politics