S.L. Kanthan Profile picture
Dec 5, 2022 6 tweets 5 min read Read on X
USA doesn’t care about Africa but now is holding a summit of African leaders in Washington DC. Why?

CHINA!

But this kind of reactive policy will be ineffective.

politico.com/news/2022/12/0…
China-Africa bilateral trade is whopping $250 billion. That’s 5x the US-Africa trade.
Every one of the 54 African countries has signed up for the Belt and Road Initiative (#BRI).

China builds highways, railways, seaports, airports, schools, hospitals, telecom networks, hydropower dams etc. in Africa.

America builds… MILITARY bases.
China brings its development philosophy to Africa. And actions matched by words.

USA/EU don’t have the patience for this kind of engagement.
Every three years, African leaders fly to Beijing for the #FOCAC summit. And every country - small or big, rich or poor - gets a grand reception and full attention.

Serious business and detailed planning. No slogans or fluff.

#China #Africa
An excellent project of #FOCAC: China provides satellite TV to 9,200+ remote villages, directly benefiting 180,000 households and nearly 10 million people!

The televisions are also likely made in China.

#China #Africa #BRI

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More from @Kanthan2030

Dec 11
Use of chemical weapons in Syria. Short 🧵

When it comes to use of chemical weapons, the mainstream narrative has amnesia.

The "rebels" - Al Qaeda, ISIS, HTS, Al Nusra, FSA - have produced and used sarin, chlorine and mustard gas in Iraq and Syria for a long time.

#AssadImage
Many chemical attacks were staged or faked by the jihadists in Syria.

Like this one in Khan Sheikhoun in 2017 was staged to force Trump to respond.

A little pothole on a remote road was supposed to be a chemical weapon attack. And a guy wearing sandals and exposed body gathering "evidence."Image
In Douma, Syria, there was another claim of "Assad using chemical weapons" in 2018.

When the reporters from OAN, an American alternative news channel, went to the town, people told the reporter that the chemical attack was a hoax.
Read 7 tweets
Dec 9
50 photos and other media to illustrate the truth about Syria and Assad.

Long 🧵 Image
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What happened since 2011 was NOT a civil war.

It was a proxy war waged by 100,000+ jihadists flown into Syria from all over the world. Image
Weapons also flowed from all over the world. And they were sneaked into Syria mostly across the Syria-Turkey border.

Some came in through Syria and Iraq as well. Image
Read 29 tweets
Dec 8
Thank God, Assad and his family are safe in Moscow! 🙏🏽

Russian state media has made the announcement.

For 10 years, Assad (and his wife) did amazing things for Syria. As a doctor in London before, he didn’t even want to get into politics.

Syria’s proximity to Israel made Assad a target. Anywhere else, he could have done an amazing job.Image
Assad’s eldest son graduated with a math degree from Russia!

Classy family. Who needs the headache of trying to civilize jihadists and Islamic fanatics? Image
Read 4 tweets
Dec 2
🧵 Can Save Trump Save the Dollar with Threats Against BRICS?

I cannot remember Trump ever talking about BRICS, but the first time he did was to threaten the multilateral organization with 100% tariffs, if it creates a BRICS currency.

Why?Image
America’s prosperity depends on the “exorbitant privilege” of USD

This allows US to run massive budget and trade deficits every year.

Trump knows it.

"If we lose the global reserve currency status of the dollar, we will become a third-world country! "
In the past, US deep state & military would stage coups, assassinate leaders or invade countries if anyone decided to walk away from the dollar – Iraq and Libya, for example.

So much for freedom, choice, sovereignty, free trade, rules-based order, and free-market capitalism.
Read 10 tweets
Nov 28
🧵Is China “stealing” foreign talent in tech industries?

Hypocrisy from America, the land of immigrants is shameless.

New Wall Street Journal article has a sensational title: "China is bombarding tech talent with job offers. The West is freaking out."

Really? Let's Analyze:Image
Consider that:

💠70% of the Silicon Valley workforce are foreigners

💠20% of Fortune 500 firms in the US were founded by immigrants. Another 25% by children of immigrants -- like Apple and Amazon.

How about the contribution of Chinese immigrants? Highly successful companies like Zoom and DoorDash were founded by immigrants from China.

Even the iconic semiconductor firm Lam Research was founded by a China-born engineer.

If you look at the top AI researchers in the US, 38% are from... China!

Nvidia and many other firms were founded by Chinese from Taiwan.Image
Image
So, there's nothing wrong about China attracting talents from all over the world.

It's called freedom and choice. It's also good for world peace, as it brings better understanding between nations.

New visas for talented foreigners, high salaries, massive grants for research, and excellent standard of living in China are very attractive.

China keeps opening up, the process that started in 1978. China is open for FDI, foreign companies, and foreign talents.Image
Read 12 tweets
Nov 25
Why the US cannot decouple from China

Let’s put this fantasy to rest once and for all. There are two types of Americans who would wish to decouple from China:

💠Warmongers who know they cannot start a war with China, if the US economy is dependent on the geopolitical rival.

💠Those who wish to reduce US’ trade deficit and bring manufacturing back.

However, here are the reasons why trade wars with China are not easy and cannot be won:

1) This has been tried for the last 8 years with Trump tariffs, Biden tariffs, sanctions, friend-shoring and re-shoring. US imports from China have been stubbornly hovering around $450 billion a year since 2016. (see chart)

2) Note that this $450 billion translates to perhaps $4 trillion of sales and millions of retails jobs within the US economy. Like, how Trump pays $3 for a bible printed in China and sells it for $30!

3) There are many products for which China accounts for 50-100% of the US imports. It has been impossible to find alternate suppliers.

Some of these products include critical minerals and medicines, which are indispensable for normal functioning of US economy. Simply imagine the riots in the US if the shelves in Walmart, Target etc. are empty.

4) While the US has greatly increased imports from Mexico, Vietnam, India etc., guess what? Those countries buy intermediate goods from China, assemble them into final products, and export them to the US.

Thus, the supply chain is still dependent on China.

Americans are simply buying Chinese goods through a third party. This is why China’s exports to those countries have increased a lot since 2018. Fact is that nobody can match China’s scale, speed, price and quality. (see chart)

5) Companies like Apple and Tesla cannot survive without China. Those two companies have a combined market cap of $4.5 trillion!

Consider that one-third of all Tesla cars in the world are made in Shanghai; and 80% of iPhones are still assembled in China.

Then, there are companies like Starbucks, KFC, McDonald’s and countless American retail, fashion and hospitality (hotel) companies for whom China is the #1 or #2 largest market in the world. Same holds true for US tech giants like Qualcomm and Nvidia.

The S&P 500 companies earn $1 trillion from annual sales within China.

As Tim Cook said today, “We (Apple) cannot do what we do without China.” Heck, even the US military industrial complex depends on China – as Raytheon’s CEO admitted that his company depends on thousands of Chinese suppliers.

6) All the allies and vassals of the US are also highly interconnected with China. For Europe, Japan, South Korea, Australia etc., their #1 trade partner is… China!

7) Finally, the big picture: China is the world’s largest trading nation. It is #1 in manufacturing, #1 in exports, and #2 in imports.

China's primacy in manufacturing will keep increasing. By 2030, China will account for 45% of global manufacturing! (see chart)

China is also #1 in patents and #1 in scientific papers. This is why Europe is now begging for technology transfer from Chinese companies to figure out how to make EV batteries, solar panels etc.

The US could have decoupled from China 30 years. However, now, it’s mission impossible.

Interestingly, as China becomes more independent and catches up in semiconductor technology, soon, the reverse could be possible – that is, China could decouple from the US!Image
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Two more charts:

How China’s exports to Mexico and India have skyrocketed since the US-China trade wars began: Image
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“China is the largest source of imports for 26 of the 59 minerals classified as critical by the U.S. government.”

Furthermore, China supplies 100% of 12 critical minerals for the US!

cfr.org/blog/how-secur…Image
Read 4 tweets

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