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Henry Gao

@henrysgao

26 Sep

@ChairmanRabbit

Some gems from @ChairmanRabbit's latest musings on Meng Wanzhou (my own comments in brackets):
1. the trade war forced the cosmopolitan elites in China to chose China and abandon the Western lifestyle they chose (does this include her lux Western outfits?)

2. Marx was dreaming when he said, "Workers of the world, unite!" American works are the most anti-China. Much easier for the Capitalists around the world to unite.
(So if China reaches some deal with US, that means that the Capitalists in the two countries have colluded?)

The big welcome scene in Shenzhen was not organized by the Chinese government: many of the people there are probably Huawei employees.
(so it's organized by Huawei? Do these people get overtime payment for staying up late at the risk of catching COVID?)

Read 4 tweets

Henry Gao

@henrysgao

11 Jun

In addition to the anti-sanctions law, China also issued a Data Security Law yesterday, which includes some good news and some not-so-good news.

I will start with the good news:

1. The law explicitly mentions in two provisions that China will safeguard and promote the free flow of data, which is consistent with China’s new position on data flow in the RCEP;

2. China will actively participate in the making of international rules on data security and standards. This is consistent with China’s active participation in the WTO JSI negotiations on e-commerce, which was analyzed extensively in my paper at ssrn.com/abstract=36953….

Read 9 tweets

Henry Gao

@henrysgao

10 Jun

https://twitter.com/henrysgao/status/1402991515299762179

The key provisions are Art 4-6.
A few things to note:
1. It cast a very wide net. For example, Art. 4 covers any individuals and organizations directly or indirectly involved in the formulation, decision and implementation of the foreign sanctions.

https://twitter.com/henrysgao/status/1402991515299762179

This could potentially cover the legislators, government officials, law enforcement officers, or even banks or companies who implement foreign sanctions.

Art. 5 goes even further, by covering the spouse and immediate family members for individuals, and management or related companies of the sanctioned entities or individuals.

Read 9 tweets

Henry Gao

@henrysgao

10 Jun

The full text of China's anti-sanctions law just came out. Below is a rough machine translation.

Read 4 tweets

Henry Gao

@henrysgao

27 May

@USTradeRep

Time to compare notes again: This morning
@USTradeRep @AmbassadorTai had a phone call with Chinese vice Premier Liu He.

The two readouts from @USTradeRep and MOFCOM both emphasized two points:
1. They had a “candid exchange”;
2. They will have "future discussions".

Translating the diplomatic speak into normal language:
1. There are many disagreements;
2. They had so many disagreements that they have to wait until the next time to try to sort out the issues.

@USTradeRep

Now let's play the game of "spot the difference":
1. @USTradeRep: @AmbassadorTai discussed the "guiding principles of the Biden-Harris Administration’s worker-centered trade policy and her ongoing review of the U.S.-China trade relationship, while also raising issues of concern".

Read 8 tweets

Henry Gao

@henrysgao

18 Apr

A thread on U.S.-China Joint Statement Addressing the Climate Crisis. Eng version: state.gov/u-s-china-join…;
Chinese version: xinhuanet.com/world/2021-04/…
1. Finally we have a statement where the English and Chinese versions mirror each other rather than speaking their own languages.

2. But this doesn't mean that we can't learn anything from the joint statement. Instead, we can learn a lot from this!

Let's compare, for example, the last sentence of the first paragraph:

Eng: Both countries recall their historic contribution to the development, adoption, signature, and entry into force of the Paris Agreement through their leadership and collaboration.
Chn: 双方回顾两国气候变化领域的领导力与合作，为巴黎协定的制定、通过、签署和生效作出历史性贡献。

Read 12 tweets

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