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marlaluster · 6 years ago

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Emptying the cliptray on the new phone. ....

1. Jamaica Flag of Jamaica Flag {{{coat_alt}}} Coat of arms Motto: "Out of Many, One People" Anthem: "Jamaica, Land We Love" 2. United States of America Flag of the United States Flag {{{coat_alt}}} Great Seal Motto: "In God We Trust"[1][a] Other traditional mottos "E pluribus unum" (Latin) (de facto) "Out of many, one" "Annuit cœptis" (Latin) "He has favored our undertakings" "Novus ordo seclorum" (Latin) "New order of the ages" Anthem: "The Star-Spangled Banner" 3. https://en.m.wikipedia.org/wiki/Trinidad_and_Tobago 4. Republic of Trinidad and Tobago Flag of Trinidad and Tobago Flag {{{coat_alt}}} Coat of arms Motto: Together We Aspire, Together We Achieve Anthem: "Forged from the Love of Liberty" 5. https://nationalinterest.org/blog/buzz/why-china-would-surely-lose-war-against-america-52062 6. Share on FacebookF Share on TwitterL Share on LinkedInI Subscribe to RSSR Print April 11, 2019 Topic: Security Blog Brand: The Buzz Tags: ChinaNavyA2/adMilitaryTechnologyWorldWar All the reasons why. by Harry J. Kazianis Follow Grecianformula on TwitterL Playing Now What I am saying: America has one heck of a head start in such a contest. Let’s not mince words: a U.S.-China war would be hell on earth. It would likely start World War III. Millions— maybe billions— of people would die if nuclear weapons were ever used in such a conflict. The global economy would likely face ruin— that’s what happens when the world’s biggest economic powers start shooting at each other. Thankfully the chances are remote it will ever happen. Yet, the threat of such a conflict remains thanks to the many different pressure points in the U.S.-China relationship. Forget the challenge of ISIS, Ukraine, Syria or whatever the flavor of the moment is. The U.S.-China relationship— and whether it remains peaceful or not— is the most important challenge of our time. Period. Several days ago I examined in a short piece on these digital pages how China could do great damage to U.S. and allied military forces in a war. Thanks 7. Share on FacebookF Share on TwitterL Share on LinkedInI Subscribe to RSSR Print April 11, 2019 Topic: Security Blog Brand: The Buzz Tags: ChinaNavyA2/adMilitaryTechnologyWorldWar All the reasons why. by Harry J. Kazianis Follow Grecianformula on TwitterL Playing Now What I am saying: America has one heck of a head start in such a contest. Let’s not mince words: a U.S.-China war would be hell on earth. It would likely start World War III. Millions— maybe billions— of people would die if nuclear weapons were ever used in such a conflict. The global economy would likely face ruin— that’s what happens when the world’s biggest economic powers start shooting at each other. Thankfully the chances are remote it will ever happen. Yet, the threat of such a conflict remains thanks to the many different pressure points in the U.S.-China relationship. Forget the challenge of ISIS, Ukraine, Syria or whatever the flavor of the moment is. The U.S.-China relationship— and whether it remains peaceful or not— is the most important challenge of our time. Period. Several days ago I examined in a short piece on these digital pages how China could do great damage to U.S. and allied military forces in a war. Thanks 8. People's Republic of China 中华人民共和国 (Chinese) Zhōnghuá Rénmín Gònghéguó (Pinyin) Flag of China Flag {{{coat_alt}}} National Emblem Anthem: "March of the Volunteers" 义勇军进行曲 Yìyǒngjūn Jìnxíngqǔ Area controlled by the People's Republic of China shown in dark green; claimed but uncontrolled regions shown in light green. Area controlled by the People's Republic of China shown in dark green; claimed but uncontrolled regions shown in light green. Capital Beijing[a] 39°55′N 116°23′E Largest city Shanghai[1] Official languages Standard Chinese 9. https://www.google.com/search?q=china+motto&oq=china+motto&aqs=chrome..69i57j0l3.4442j0j4&client=ms-android-mpcs-us-revc&sourceid=chrome-mobile&ie=UTF-8 10. Translation of motto - English-Mandarin Chinese dictionary. Her motto is "Work hard, play hard". 她的座右铭是“努力工作，痛快玩乐”。 motto | translate to Mandarin Chinese: Cambridge Dictionary https://dictionary.cambridge.org › ... Feedback About this result PEOPLE ALSO ASK What is China's slogan? What is the national motto of China? What is the motto of our country? What is Cuba's motto? 11. PEOPLE ALSO ASK What is China's slogan? "Serve the People" or "Service for the People" (Chinese: 为人民服务; pinyin: wèi rénmín fúwù) is a political slogan which first appeared in Mao Zedong-era China. It originates from the title of a speech by Mao Zedong, delivered on September 8, 1944. Serve the People - Wikipedia https://en.wikipedia.org › wiki › Serve_t... More results What is the national motto of China? The national motto of Bolivia, La Unión es la Fuerza (Unity is Strength), is inscribed on boliviano coins. The national motto of Brazil, Ordem e progresso (Order and progress), is inscribed on the Brazilian flag. List of national mottos - Wikipedia Wikipedia › wiki › List_of_national_mot... More results What is the motto of our country? The 1956 law was the first establishment of an official motto for the country, although E Pluribus Unum ("from many, one") was adopted by an Act of Congress in 1782 as the motto for the Seal of the United States and has been used on coins and paper money since 1795. United States national motto - Wikipedia https://en.m.wikipedia.org › wiki › Unite... More results What is Cuba's motto? Does China have a motto? 12. results What is Cuba's motto? Cuba Republic of Cuba República de Cuba (Spanish) Motto: "¡Patria o Muerte, Venceremos!" (Spanish) "Homeland or Death, we shall overcome!" Anthem: La Bayamesa Bayamo Song Capital and largest city Havana 23°8′N 82°23′W Official languages Spanish 46 more rows Cuba - Wikipedia https://en.wikipedia.org › wiki › Cuba More results Does China have a motto? As of 2014, China does not have an official motto. According to the Rand Corporation, Chinese scholars and officials are considering the statement "China's peaceful rise" as a possible motto in the near term. The phrase acknowledges former problems with rising Chinese power and the desire to avoid those pitfalls. What Is China's Motto? | Reference.com https://www.reference.com › geography More results What happened to the great leap forward? What is the motto of England? What is the motto of France? 13. Reference.com https://www.reference.com › geography More results What happened to the great leap forward? What is the motto of England? England's motto is "Dieu et mon droit." The origin of the motto is Old French and the motto means "God and my right." The motto was first used by King Richard I in 1198 at the Battle of Gisors after he defeated Phillip II of France. England is part of the United Kingdom, and is bordered by Scotland and Wales. What Is the Motto of England? | Reference.com https://www.reference.com › geography More results What is the motto of France? Liberté, égalité, fraternité (pronounced [libɛʁte eɡalite fʁatɛʁnite]), French for "liberty, equality, fraternity", is the national motto of France and the Republic of Haiti, and is an example of a tripartite motto. Liberté, égalité, fraternité - Wikipedia https://en.wikipedia.org › wiki › Liberté,... More results What does Honi soit qui mal pence? 14. spoken in Cuba other than Spanish? What is Haiti motto? The ribbon bears the motto: French: L'Union fait la force ("Unity Makes Strength"), which is also the motto of several other countries. This should not be confused with the national motto of Haiti, which according to the Constitution of Haiti is "Liberty, Equality, Fraternity." Coat of arms of Haiti - Wikipedia https://en.wikipedia.org › wiki › Coat_of... More results What is Cuba's animal? What is the motto of Mexico? Official State Motto of New Mexico. "It is not clear when the Latin phrase "Crescit Eundo" was added to the seal, but in 1882, Territorial Secretary W.G. Ritch embellished the earlier design with the phrase, which translates as "it grows as it goes." New Mexico State Motto | Crescit eundo - State ... https://statesymbolsusa.org › crescit-eundo More results What is the motto of Sweden? What is the motto of Germany? Why did the United States adopt the motto In God We Trust? What is the British motto? What is the official motto of the European Union? What is the motto of Italy? Coat of Arms: Italy's emblem has been the symbol of the Italian Republic since 5 May 1948. Motto: "L'Italia e' una Repubblica democratica, fondata sul lavoro." "Italy is a democratic Republic, founded on labor." Italy State Symbols, Song, Flags and More - Worldatlas.com https://www.worldatlas.com › itsymbols More results 15. https://www.cnbc.com/2018/12/19/china-uses-spider-man-motto-to-slam-us-over-trade-at-tense-wto-meeting.html 16. this week was unusually sharp. Countries took issue with a host of American actions, according to the Geneva official. Tariffs on foreign steel and aluminum topped the agenda, especially since they were ostensibly imposed to safeguard national security. But members also complained about the rising U.S. deficit, international provisions in the new tax law and the expanded use of national security reviews to impose duties. "A top dog should act like a top dog," Zhang said. "It cannot only see a narrow spectrum of its own self-interest, and it certainly should not do whatever it wishes at the sacrifice of others." U.S. Ambassador Dennis Shea vigorously defended the administration and cast blame back on China. He accused Beijing of forcing American companies to give up critical technologies — and, if that didn't work, stealing the intellectual property instead. "China apparently believes its power comes with little or no responsibility," he told the WTO. "This is a conversation that we will pick up in the near future." The U.S. has put new tariffs on Chinese imports on hold as it conducts trade talks with Beijing. The deadline for a deal is March 1, and Treasury Secretary Steven Mnuchin said Tuesday that he is working to schedule a face-to-face 17. President Donald Trump and Chinese President Xi Jinping during the plenary session at the G20 Summit on July 7, 2017 in Hamburg, Germany. The United States and China may have called a truce on tariffs, but tensions remained high during a diplomatic meeting in Switzerland this week. International frustration over America's protectionist stance boiled over during a closed-door review of U.S. trade policy at the World Trade Organization, according to an official in Geneva. India called America unpopular. Japan made reference to Old Glory, urging the U.S. never to take down "the flag of the free." And China invoked the spirit of legendary comic book creator Stan Lee to scold the U.S. Ambassador Zhang Xiangchen said Spider-Man is his favorite of Lee's creations and cited the superhero's famous philosophy: "With great power comes great responsibility." Then he took the United States to task. "It is unfortunate that we are seeing now, especially during the last year, a different America with severe mismatched power and responsibility," Zhang said. The WTO is designed to be a forum for countries to air their grievances, and reviews of members' trade policies can often become heated. Still, the tone 18. https://www.instagram.com/p/BwKuL0sH3o8/?hl=en 19. https://www.instagram.com/p/BwHsa08hSoL/?hl=en 20. https://www.instagram.com/p/BwKS2OXhQc3/?hl=en

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marlaluster · 6 years ago

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Emptying the cliptray on the new phone. ....

1. This here is a weird video on youtube that has a recurring picture in it of a girl in a running type pose or leap pose w feet not touching the ground. Earlier i was told that the land of China could be a place where if i am standing on it i can be okay (to say people were to have some place in the world they could have been okay) and then later i saw this video w this picture n i am told it is to relate to that a certain kind of person is supposed to be not okay there further there to be there in China. A person that is really not a person n is really the devil is to not be okay there further. That Elsa Pataky figure, we see pictures often of her w her feet not touching the ground such as one pic the figure is to be seen in London in n also in seeming pics in Australia as well. That figure may be something w some meaning of that people (that are really the devil) are not supposed to really be okay to go to some places. The UK is supposed to be Antichrist there n Australia as well. Antichrist means the place is supposed to be in w the rule of the devil as a place where people are not really able to be okay. It is supposed to be normal here however for a place to not really be okay for people, as in people are not able to really be themselves and be who is not dictated heavily by the order as to who they can be. The devil keeps tormenting about making a mark on my nose bridge. And it keeps pressing im supposed to be okay w stuff its saying such as just now it said something. Its pressing a weird Asian man in my mind really harshly. The guy is supposed to be telling me not to say something. The thing is acting like its supposed to be really okay, its extremely irritating. It keeps putting people in my awareness, its going really insane n keeps pressing this irritating persona Im supposed as low black n not really present here it seems n its pressing all this stuff!!!! The thing is going so crazy!!!! 2. https://youtu.be/_VCrBsku6xw 3. I wonder why that picture of that girl is in the video. It seems unrelated. Maybe psychic powers not considered possible here would help make that apparent why that was included or its supposed to be a meaningless attractive or appealing artistic inclusion to the video. Either way, strange n evoking of questioning because the nature of the story is not so seeming to call for such artistic element inclusion it would seem in my opinion. Its a story a seeming territorial dispute, not something so artistic seeming or creative it would seem. The girls feet are not touching the ground. 4. https://www.google.com/amp/s/amp.scmp.com/news/china/policies-politics/article/2137058/new-immigration-bureau-set-handle-growing-number 5. There were more than 900,000 foreigners working in mainland China in 2016 – up from 10,000 in the 1980s. Photo: Simon SongPOLITICS New immigration bureau set up to handle growing number of foreigners in China Central agency will coordinate policies and their implementation Kristin Huang Alice Yan UPDATED : Tuesday, 24 Apr 2018, 11:52AM 10 The growing trend of people emigrating to and from China has prompted Beijing to set up a new agency to coordinate immigration policies and their implementation. It comes as Beijing ramps up measures to attract more skilled foreigners to China for work – efforts that are often undermined by red tape, particularly the complicated visa application process. Managed by the Ministry of Public Security, the new immigration bureau will be responsible for overseeing visas, repatriation of people found to be in the country illegally, and border control. It will also provide exit and entry services for Chinese nationals. 6. https://www.iom.int/contact-us 7. https://nationalinterest.org/blog/buzz/warning-no-other-navy-surfaced-3-these-subs-message-china-50342 8. Report Advertisement 1 The National InterestOpen Menu Warning Like No Other: The Navy Surfaced 3 of These Subs In a Message to China Share on FacebookF Share on TwitterL Share on LinkedInI Subscribe to RSSR Print April 2, 2019 Topic: Security Blog Brand: The Buzz Tags: ChinaMilitaryTechnologyWorldU.S.Nuclear WeaponsSubmarines Why? by WarIsBoring Playing Now Submarines seemed to fit the bill, as if Washington were saying to Beijing, “Sure, you might surprise us with your missiles. But we remember we have plenty of missiles of our own — and they’re not far from you.” Nuclear powers rarely go to war with each other, but that doesn’t mean they don’t threaten to do so. Indeed, military posturing is an integral part of what Forrest Morgan, an analyst for the RAND Corporation, called “crisis stability.” In other words, “building and posturing forces in ways that allow a state, if confronted, to avoid war without backing down.” Long-range heavy bombers are some of the best forces for crisis stability, Morgan wrote in a 2013 study for the U.S. Air Force. Bombers are powerful, mobile and visible — perfect for signalling strength and intent. On the other hand, the U.S. Navy’s submarine-launched cruise missiles are less effective — even counterproductive — for crisis stability … because they’re invisible most of the time. “SLCMs could contribute to the instability,” Morgan wrote. “[T]he opponent’s anxieties might be 9. https://www.ft.com/content/25cc4522-54ee-11e9-a3db-1fe89bedc16e 10. US-China trade dispute Malaysia hits out at US and China behaviour in trade war Trade minister urges countries to ‘stop thinking of themselves’ as tension hits other countries Darell Leiking, Malaysia’s trade minister, said he was surprised by Italy’s endorsement of China’s Belt and Road Initiative © Bloomberg April 2, 2019 4:36 am by James Politi in Washington and Stefania Palma in Singapore Malaysia’s trade minister made a blunt appeal for the US and China to feel a greater sense of “global responsibility” and “stop thinking only of themselves” as they try to reach an agreement to end their bitter trade war. 11. https://www.google.com/amp/s/amp.scmp.com/economy/china-economy/article/3004143/us-china-trade-war-inactivity-could-lead-worst-recession 12. Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, wrote ‘China’s Crony Capitalism: The Dynamics of Regime Decay’. Photo: Winson WongCHINA ECONOMY US-China trade war inactivity could lead to the ‘worst recession in recent Chinese history’, says scholar Political economy professor Minxin Pei says Beijing lacks the will to make radical political changes to deal with the trade war with the United States Also says China’s strong control of the economy will eventually backfire, with economy slowing to its lowest growth point for almost 30 years Xie YuXie Yu UPDATED : Tuesday, 2 Apr 2019, 12:07PM 78 China’s inability to “take the opportunity to do the right thing” during the trade war with the United States could cost the country dearly in form of a recession that “will become the worst in recent Chinese history”, according to a leading political economy scholar. Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, believes China’s strong control of the economy will eventually backfire. “So far, it shows that China is not taking the opportunity to do the right thing,” said Pei. “China is willing to make some concessions by buying more goods, perhaps also improve intellectual property protection, but that does not improve China’s economy structurally. 13. https://www.instagram.com/p/BvuoHkBBCIT/?hl=en 14. https://www.instagram.com/p/BvkePPhlLwr/?hl=en 15. 22,713 likes padmalakshmi 🚨I’m calling the police.🚨 #help #no #sos childish_shambin0 These comments are hilarious!! rianneeff But why? suzie_neu 😂😂😂😂 lenok1979 No way d4divine 😄😄😄😄😄😄 blackgirlmagicball 😂😂😂 stacydavishayes 🤣 hinddawn @nisrinh e_v_o_n_n_e I’ve never seen this before and I grew up in St. Louis! But as a NYer for the last 20yrs, this is blasphemy! Lol! kathygt1017 Noooooooo! jabliss Secret?!? I could put a mouse through a meat grinder too, but WHY?!? kristalberg I’m pretty sure this is a felony in New York State. dwinemaster That would be a “NO” jcito1 Is there a financial reason? Or is it a carbs reason? Either way I agree with Padma. Its not a good way to eat a bagel. tinajopierce Born and Raise in St Louis; always went to the Bread Co, didn’t know that everyone didn’t do it! Chicagoland resident now and still can’t say Panera! dorothy.c.lewis1 Nooooooo peter_goritz @littleolivethings @steffaniruf @holly_spier_goritz WTF is this?!?!?! mrs_billyd I live in Pennsylvania and even I know this is just WRONG!! littleolivethings @peter_goritz an absolute disgrace. steffaniruf @peter_goritz the police? THIS IS A JOB FOR THE ICC. mikelavigne3000 Somebody already called the police https://mobile.twitter.com/NYPDDetectives/status/1110980953147609088 n_o_r_wood Who would do that?! Just order toast! lavieenrosette @alekkrautmann PADMA. LAKSHMI. Sure, she disagrees, but PADMA. coachkenjifitness That’s a big hell no! 4 DAYS AGO 16. https://www.instagram.com/p/Bvh75OdHmfG/?hl=en 17. https://www.instagram.com/p/BvSjebagCKj/?hl=en 18. 481,986 likes pharrell Let go. Forgive. Embrace. Be good to each other. #HappyHoli everyone 🌈❤️🧡💛💚💜 memmatonti @maridagats notte 💘 divinekeahcreations @justinian_da_greatest right i was thinking..what you call an icon living hahaha 🎶🎶 krugerman Так как скромность украшает, то именем Назарбаева назовут только столицу Казахстана, а не всю страну. redio666333 You look like Jayden Smith😱 jewpremacist Cause youre nappy corrinelough 🙌🏻♥️♥️♥️ anastasia_lifeisbeautiful 😍🌸 christinadienst 💗 mxhlobo Amenn🙌 maridagats @memmatonti 🤩🤩🤩🤩 alecia_k_hair 🙌🏻💖 _anamikasahu_ Happy Holi...Love from india❤️❤️ k.nurgazy @subanovr beadsforthesoul Love this pic of you😍😍😍🔥🔥❤️❤️ lmfaoavani @mayaa.moorthy tf mark.leone.inspirations ❤️ mayaa.moorthy @lmfaoavani WAIT he’s curry? lmfaoavani @mayaa.moorthy idek 😳 sumitatloori4496 ❤️ elegantlayers 🙌🏽 DOPE ives_illustrations Saw you perform with NERD! prosfuuuuuu_ Happy holi🇮🇳🇮🇳😍 machica1911 Very thankful of this eazy_7_ Amen v amen MARCH 21 ABOUT 19. https://www.instagram.com/p/BozxZk4B9XW/?hl=en 20. 160,103 likes pharrell yellow. zaheedshahj That chanel waist bagggg ❤️❤️❤️🔥🔥🔥 iza_yuh Poser ross_the_1 Awesome! theideaofcharlie A SWAGG LIKE NO OTHER✊🏽 🔥 katiekatiejojo ❤️❤️❤️❤️❤️❤️ self_deprecation_meme Your current fashion style is legit sooo clean like omg 😍 ansvtte @eightitude seluar sama you lah eightitude @ansvtte haha told ya sayang. Ahmarrell. Hahaha sarune.kleivaite @seiniukas the bag 😎 told you seiniukas @sarune.kleivaite I like his better. _stylekidtrendy_ “Yeah they villains but im chilling , im still a N.E.R.D” 🤫 misschiobrown @pharrell why so cool 🙌🏾 madarahhh Lemon feet pham_manh_ha 🙌🙌🙌 fiori_taylor_cruz Dope daddy_fashion Me and @pharrell will collaborate on a piece together.. put it in the universe so it can come back .‼️ walter_creator Green. walter_creator Green. gerabrito_dado Idol k.o.key @roshannab gabriel_mdes @andressajonge ___imasapbob @gentleconfidential 🙌 gentleconfidential @___asvp_bob___ 🙌🙌🙌 dreamotb gonna be big one day 🙏🏽 OCTOBER 11, 2018

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marlaluster · 6 years ago

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Emptying the cliptray on the new phone. ....

1. Boston Herald ☰ Menu Search Killer’s manifesto reveals white supremacist who admires communist China Boston Herald Wire Services PUBLISHED: March 15, 2019 at 7:38 pm | UPDATED: March 15, 2019 at 7:39 pm Categories:Latest Headlines, News, World The gunman behind at least one of the mosque shootings in New Zealand that left 49 people dead Friday posted a 74-page, often contradictory manifesto claiming to be an anti-immigrant white supremacist and a fascist, but also an environmentalist who admires communist China. The gunman, giving his name as Brenton Tarrant on his social media posting, also livestreamed his assault on the worshippers at Christchurch’s Al Noor Mosque. He wrote that an attack in peaceful New Zealand would show that no place on earth is safe, and even remote New Zealand is subject to mass immigration. He claimed to be an environmentalist and said he is a fascist, but said China is the nation that most aligns with his political and social values. He said he has contempt for the wealthiest 1 percent. He included a single reference to President Trump, saying to those who want to know if he is a Trump supporter: “As a symbol of renewed white identity and common purpose? Sure. As a policy maker and leader? Dear god no.” He claimed he was pushed toward violence by an Uzbek man’s deadly truck attack in Stockholm in 2017, when the gunman was touring Western Europe. He said his desire for violence grew when he arrived in France, where he said he was offended by the sight of immigrants in the cities and towns he visited. He said he has donated to many nationalist groups, but claimed not to be a member. He admitted contacts with an anti-immigration group called the reborn Knights Templar and made an unverified claim that he got the approval for his attack from right-wing murderer Norwegian Anders Breivik. The gunman, who had Nazi-associated symbols painted on his rifle, said he hoped to further polarize and destabilize the West, and spark a civil war in the United States to force a separation of races. Share this: View more on Boston Herald Copyright © 2019 MediaNews Group, Inc. Privacy Policy Terms of Use Cookie Policy Arbitration Powered by WordPress.com VIP 2. https://nationalinterest.org/blog/buzz/how-china-began-world-war-iii-south-china-sea-47802 3. Report Advertisement 1 The National InterestOpen Menu How China Began World War III in the South China Sea Share on FacebookF Share on TwitterL Share on LinkedInI Subscribe to RSSR Print March 16, 2019 Topic: Security Region: Asia Blog Brand: The Buzz Tags: ChinaAmericaSouth China SeaWorld War IIIWorld War I In this what-if scenario, Beijing's SCS war will bring ‘unimagined’ results. by Kerry K. Gershaneck James E. Fanell Playing Now China’s claims of South China Sea (SCS) ownership are illegal, but Beijing’s hyper-nationalistic officials increasingly encourage its forces to attack U.S. Navy ships operating lawfully there. The People’s Republic of China (PRC) appears to be calling for war—a war it may well get. But it is a war that will not stay confined to that body of water, and a war that could ultimately end with regime change in Beijing. One People’s Liberation Army (PLA) officer recently exhorted PLA Navy vessels to ram and sink U.S. Navy ships conducting freedom of navigation operations in the SCS. Another called for the sinking of two U.S. aircraft carriers and killing upward of 10,000 U.S. sailors to force the U.S. from these hotly contested waters. “If the US warships break into Chinese waters again, I suggest that two warships should be sent: one to stop it, and another one to ram it,” said PLA Air Force Colonel Commandant Dai Xu on December 8, 2018. Dai, president of China’s Institute of Marine Safety and Cooperation, proposed these unprovoked acts of war in a highly publicized forum: at a conference sponsored by Beijing Global Times. A senior PLA Navy officer then called for the sinking of two U.S. Navy aircraft carriers to “frighten” the U.S. away from the SCS. In a speech on December 20, 2018, Rear Admiral Luo Yuan, the deputy head of the Chinese Academy of Military Sciences, asserted that the key for Chinese domination of the SCS lies in using ballistic missiles to sink the two carriers, killing as many American sailors as possible. “What the United States fears the most is taking casualties,” Luo said in his call to kill upwards of 10,000 U.S. sailors. “We’ll see how frightened America is,” he said . Some might argue such belligerence from senior PLA officers does not reflect China’s official policy or is simply Information Warfare, but these defenses are disingenuous. None of the senior officers has been publicly chastised by the PRC for inciting war, and the PLAN is engaging in increasingly-dangerous actions across the SCS. On September 30, 2018 the PLAN destroyer Lanzhou drove within forty-five yards of the USS Decatur as it crossed the bow of the American warship near the SCS’ Gaven Reef. The Decatur’s commander averted collision only by deftly swerving to escape the Lanzhou’s aggressive maneuverings. The U.S. Navy diplomatically called the Lanzhou’s premeditated action “unsafe and unprofessional,” but it might more aptly be described as “attempted murder.” The PLAN, China’s military-run Coast Guard, and its maritime militias have also threatened—and sank—Vietnamese ships, and has chased Philippine Navy and fishing fleets from Philippine waters. Taiwan plays a major role in Beijing’s SCS calculus, as well. China’s ruler Xi Jinping has ordered the PLA to be ready to invade Taiwan by 2020. By taking exclusive control of the SCS, China has another angle of attack for its Taiwan invasion force, from the Bashi Channel. China’s claims to ownership of the SCS are bogus, of course. On July 12, 2016, the Permanent Court of Arbitration in The Hague released the Arbitral Tribunal’s determination that China’s claim to “historic” SCS rights, through its so-called “nine-dash-line,” was illegal. But in Beijing’s pursuit of Xi’s “Great Rejuvenation,” control over this resource-rich, strategically vital global commons is apparently worth a war—a world war. “Conflagration with Unimagined Consequences” The First World War offers a cautionary tale of how a seemingly minor incident can lead to global carnage, says former U.S. Lieutenant General Wallace C. Gregson. “In 1914, during an era when war was considered illogical and unlikely, an itinerant worker killed Archduke Ferdinand and his wife,” says Gregson. “This violent act sparked an unexpected war of unprecedented carnage.” More than eight million died fighting the war, and perhaps thirteen million civilians died as a result of the conflict. Four major empires, each bearing responsibility for the conflagration, collapsed: the Russian, Austro-Hungarian, German, and Ottoman. “Today the South China Sea is the most dangerous area in the world,” observed Gregson, a seasoned U.S. Marine Corps combat veteran. “Hostile statements and aggressive actions create dry tinder, awaiting only a spark to burst into conflagration—with unimagined consequences.” How, then, might China engineer a violent confrontation in the SCS that would spark a conflagration of unimagined consequences, a new world war? 2019 Retrospective: A Shifting Political Environment Through 2019, Xi Jinping continued to pursue his vision of the “Great Rejuvenation” to achieve “unification” of areas Beijing perceived as China’s sovereign territory. His tools included aggressive political warfare and increasingly capable, overly-confident military forces. Despite Xi’s 2014 promise to not militarize China’s artificial islands in the Spratly Islands, China built air bases and defensive fortifications there and deployed warships to new naval bases on Fiery Cross, Mischief Reef and Subi Reef. In the SCS, China’s Navy, Coast Guard, and the People’s Armed Forces Maritime Militia harassed other nations’ fishing boats and military vessels. However, nations from around the world began to slowly push back against China’s overt SCS aggression. When the British Royal Navy and U.S. Navy held joint exercises in the SCS in early 2019, Beijing was put on notice. The United Kingdom-U.S. exercise followed closely the Royal Navy’s first freedom of navigation operation the previous August, near the contested Paracel Islands. London committed Great Britain to re-engagement in the region to combat China’s growing strength and militarization of the SCS. Beijing sharply criticized the UK’s actions, of course. But perhaps less well appreciated by Beijing’s rulers was the growing concern by the European Union (EU) and the North Atlantic Treaty Organization (NATO) regarding China’s illegal assertiveness in the SCS, and its corrupt and coercive activities globally. NATO Secretary General H.E. Mr. Jens Stoltenberg often stated NATO’s “concern about the situation in the East and South China Seas” and reaffirmed NATO’s “opposition to unilateral coercive actions that could alter the status quo and increase tensions.” This political resolve was reflected in renewed commitment of NATO to increase defense spending and modernize capabilities. As important from the SCS perspective, NATO’s commitment included the projection of “stability abroad” through rapidly deployable expeditionary forces. Nevertheless, Beijing seemed to dismiss NATO’s concerns, and the Alliance’s proven ability to conduct sustained combat operations in such distant locations as Afghanistan following the 9/11 terror attacks on the United States. Senior EU officials echoed concerns about China’s unlawful conduct in the SCS. China’s expansionism was seen as a direct threat to the EU, as the EU focused on enhanced security and defense integration. The EU boosted its military readiness, and integrated defense policy and capabilities with the European Defense Fund and Permanent Structured Cooperation, by bolstering rapid deployment forces, and through the creation of the French-driven European Intervention Initiative. To highlight Europe’s growing concern with China’s expansionism, in March, France sent its nuclear-powered aircraft carrier Charles de Gaulle with a battle group of three destroyers, a submarine and a supply vessel into the region. China now faced an evolving united front of nations committed to maintaining freedom of navigation in the world’s most vital waterways. As PRC maritime aggressiveness and political warfare become more intense towards other regional claimants, Southeast Asian countries such as the Philippines and Vietnam began to ask for international help. The post-Duterte Philippines government formally requested U.S. support under the Mutual Defense Treaty (MDT). In 1994 and again in 2012, Philippine leaders were shocked by the U.S. government’s failure to back it in territorial disputes with China. However, when U.S. Secretary of State Mike Pompeo stated on March 1, 2019, that “any armed attack on Philippine forces, aircraft, or public vessels in the South China Sea will trigger mutual defense obligations under Article 4 of our Mutual Defense Treaty,” it was clear that a new generation of American national security managers clearly learned from this past alliance mismanagement. The U.S. military rapidly increased its presence in the Philippines’ exclusive economic zone waters. In another alliance-strengthening move, the U.S. Pacific Fleet and Japan’s Maritime Self Defense Forces in the SCS expanded combined carrier flight and naval surface and submarine operations. This sent a clear signal to Beijing that the SCS remained global commons, and not China’s private lake, and that the SCS would not be a safe haven for its ballistic missile submarine force. This show of unity greatly encouraged many nations that had seen little meaningful pushback against China’s expansionist activities. Meanwhile, Canberra called for a peaceful resolution to the increasingly tense situation, but it said it would not “sit by and watch China dominate the South China Sea.” Australia’s RAAF “Operation Gateway” P-8A Poseidon maritime surveillance aircraft began flying daily missions over the SCS. 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The U.S. is still fighting small wars against Islamic extremists, and Russia remains a serious concern, but Shanahan seeks to shift the military's main focus to what he considers the more pressing security problem of a rapidly growing Chinese military. 6. 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Chinese anti-satellite weapons. To a remarkable degree, the 2020 Pentagon budget proposal is shaped by national security threats that acting Defense Secretary Patrick Shanahan has summarized in three words: "China, China, China." The U.S. is still fighting small wars against Islamic extremists, and Russia remains a serious concern, but Shanahan seeks to shift the military's main focus to what he considers the more pressing security problem of a rapidly growing Chinese military. This theme, which Shanahan outlined Thursday in presenting the administration's proposed 2020 defense budget to the Senate Armed Services Committee, is competing for attention with narrower, more immediate problems such as President Donald Trump's effort to use the military to build a border wall. The hearing, for example, spent more time on the wall and prospects for using military funds to build parts of it than on any aspect of foreign policy, including the conflict in Syria or military competition with China, Russia or North Korea. The proposed budget would give the administration enough funds to complete 722 miles of wall, at a projected cost of $25 million per mile. The White House is also requesting $3.6 billion to pay back the money the administration plans to redirect under the president's national emergency declaration. Shanahan is hardly the first defense chief to worry about China. Several predecessors pursued what the Obama administration called a "pivot" to the Pacific, with China in mind. But Shanahan sees it as an increasingly urgent problem that exceeds traditional measures of military strength and transcends partisan priorities. "We've been ignoring the problem for too long," Shanahan told a senator. "China is aggressively modernizing its military, systematically stealing science and technology, and seeking military advantage through a strategy of military-civil fusion," he wrote in prepared testimony to the committee, which is considering a $718 billion Pentagon budget designed in part to counter China's momentum. US China Military Threat In this March 14, 2019, photo, acting Defense Secretary Patrick Shanahan goes before the Senate Armed Services Committee to discuss the Department of Defense budget, on Capitol Hill in Washington. J. SCOTT APPLEWHITE/AP The $25 billion the Pentagon is proposing to spend on nuclear weapons in 2020, for example, is meant in part to stay ahead of China's nuclear arsenal, which is much smaller than America's but growing. Shanahan said China is developing a nuclear-capable long-range bomber that, if successful, would enable China to join the United States and Russia as the only nations with air-, sea- and land-based nuclear weapons. Shanahan ticked off a list of other Chinese advancements — hypersonic missiles against which the U.S. has limited defenses; space launches and other space efforts that could enable it to fight wars in space; "systematically stealing" of U.S. and allied technology, and militarizing land features in the South China Sea. Bonnie S. Glaser, director of the China Power Project at the Center for Strategic and International Studies, said the U.S. has been lacking effective strategies for competing with China on a broad scale. "It is overdue," she said of the Shanahan focus. "We have been somewhat slow in catching up" in such areas as denying China its regional ambitions, including efforts to fully control the South China Sea, which is contested by several other countries. Some defense analysts think Shanahan and the Pentagon have inflated the China threat. "I do think it's worth asking what exactly is threatening about China's behavior," said Christopher Preble, vice president for defense and foreign policy studies at the Cato Institute. He doesn't discount China as a security issue, including in the South China Sea, but doubts the U.S. military is the institution best suited to deal with such non-military problems as cyber intrusions into American commercial networks. In Preble's view, competition with the Chinese is not mainly military. "I still don't believe the nature of the threat is quite as grave as we're led to believe" by the Pentagon, he said. "They tend to exaggerate the nature of the threat today." In his previous role as deputy defense secretary, Shanahan and President Trump's first defense secretary, Jim Mattis, crafted a national defense strategy that put China at the top of the list of problems. "As China continues its economic and military ascendance, asserting power through an all-of-nation long-term strategy, it will continue to pursue a military modernization program that seeks Indo-Pacific regional hegemony in the near-term and displacement of the United States to achieve global pre-eminence in the future," that strategy document says. That explains in part why the U.S. is spending billions more on space, including means of defending satellites against potential Chinese attack, and on building hypersonic missiles to stay ahead of Chinese and Russian hypersonic weapons development. It also explains some of the thinking behind preparing for an early retirement of the USS Harry Truman aircraft carrier, a strategy that views carriers as a less relevant asset in a future armed conflict involving China. This concern about countering China has permeated the entire U.S. military. Gen. Thomas Waldhauser, head of U.S. Africa Command, said last month that dozens of African heads of state were invited to Beijing last fall to consider billions in Chinese loans and grants, and that China is building thousands of miles of railroads in Africa, mostly linked to Chinese mineral extraction operations. "They're heavily invested and heavily involved" in Africa, he said. The top U.S. commander in Europe told Congress this week that China also is making inroads in Europe. "China is looking to secure access to strategic geographic locations and economic sectors through financial stakes in ports, airlines, hotels, and utility providers, while providing a source of capital for struggling European economies," Gen. Curtis Scaparrotti said. Mr. Trump's 2019 proposal includes $750 billion in military spending, and 5 percent cuts in non-defense domestic discretionary spending across the board. Total spending cuts would total $2.7 trillion over 10 years, the administration official said, with the goal of balancing the budget by 2034. First published on March 16, 2019 / 10:56 AM © 2019 CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. U.S. Author on why the college cheating scam probably won't bring much change 1H AGO Churches open their doors to businesses in order to survive 2H AGO Why the new military budget is focused on China 2H AGO The man behind Blue Moon is brewing cannabis-infused beer 2H AGO Better late than never? 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Several predecessors pursued what the Obama administration called a "pivot" to the Pacific, with China in mind. But Shanahan sees it as an increasingly urgent problem that exceeds traditional measures of military strength and transcends partisan priorities. "We've been ignoring the problem for too long," Shanahan told a senator. "China is aggressively modernizing its military, systematically stealing science and technology, and seeking military advantage through a strategy of military-civil fusion," he wrote in prepared testimony to the committee, which is considering a $718 billion Pentagon budget designed in part to counter China's momentum. 8. Some defense analysts think Shanahan and the Pentagon have inflated the China threat. "I do think it's worth asking what exactly is threatening about China's behavior," said Christopher Preble, vice president for defense and foreign policy studies at the Cato Institute. He doesn't discount China as a security issue, including in the South China Sea, but doubts the U.S. military is the institution best suited to deal with such non-military problems as cyber intrusions into American commercial networks. 9. In Preble's view, competition with the Chinese is not mainly military. "I still don't believe the nature of the threat is quite as grave as we're led to believe" by the Pentagon, he said. "They tend to exaggerate the nature of the threat today." 10. "It is overdue," she said of the Shanahan focus. "We have been somewhat slow in catching up" in such areas as denying China its regional ambitions, including efforts to fully control the South China Sea, which is contested by several other countries. Some defense analysts think Shanahan and the Pentagon have inflated 11. https://www.cnbc.com/2019/03/16/macrons-africa-visit-reveals-determination-to-weaken-chinas-grip-on-the-continent.html 12. https://www.cnbc.com/2019/03/14/chinese-economy-fight-against-smog-may-be-obscuring-this-years-data.html 13. https://www.barrons.com/articles/whether-or-not-there-is-a-u-s-china-deal-the-global-trade-system-is-changing-51552692446 14. Barrons COVER How Investors Should Navigate Globalization’s Decline Trade deal with China or not, U.S. multinationals are revamping their supply chains. What investors need to know. By Avi Salzman and Nicholas Jasinski March 15, 2019 7:27 p.m. ET Investors have been on edge as the world’s two largest economies, the U.S. and China, tiptoe toward a trade agreement. Yet even if President Donald Trump and President Xi Jinping reach a deal, a tariff peace won’t mean a return to the old ways of doing business. The global system of trade is being realigned. A decadeslong drive toward freer trade across borders has begun to reverse. Globalization is being overwhelmed by populism, nationalism, and protectionism. Brexit threatens to erect new trade barriers between the United Kingdom and the rest of Europe. India just moved to limit foreign operators selling goods online. An eroding global consensus on free trade has led U.S. companies to modify their supply chains, often bringing suppliers closer to their end markets. In the 1990s, global trade regularly grew at twice the rate of worldwide gross domestic product; since 2012, it has been rising only slightly faster than GDP, on average, according to the World Trade Organization. For this year, amid slowing global economic growth and rising barriers, the WTO has lowered trade expansion expectations to 3.7% from 4%, and said that first-quarter trade is slumping to 2010 levels. ADVERTISEMENT Seaborne shipments to the U.S. fell 4.5% in February, including a 4.6% drop from the European Union. It was the first such decline in almost two years, according to Panjiva, a supply-chain data provider. A recent Bain & Co. survey of more than 200 executives at multinational companies who do business in China found that 60% felt that the recent trade war had given them a chance to recalibrate their business strategies. Over the next year, 48% said, they expect to seek out new suppliers, and 42% expect to find raw materials elsewhere. Corporate executives are adapting to a world where globalization is no longer the dominant force. “I probably never would have said it was going to end, but I’m starting to wonder,” says Don Allan, chief financial officer at Stanley Black & Decker (ticker: SWK). “The trend seems to be heading that way. Countries are becoming more focused on protecting their world and less on how to work together as a global economy.” ADVERTISEMENT Allan has been struck not just by the Trump administration’s antiglobalism agenda, but also by changes elsewhere, like the fragility of the European Union since the financial crisis. “There’s definitely a major shift that has been going on for the past 10 years, and it has accelerated in the past five years,” Allan says. The shift comes at a time of profound technological and political changes—including the advent of new robotic-manufacturing techniques, a North American energy boom, and China’s state-led push to sell higher-value goods—that have already led companies to reconsider and realign their global footprints. Those changes could eventually prove to be even more powerful than antiglobalization at rerouting global trade. Investing in these trends will be tricky because they are likely to play out over decades. People can make money off supply-chain shifts by purchasing stocks that will benefit from new Chinese investment, including in renewable energy and batteries; focusing on countries, such as Vietnam, that will play a bigger role in global trade; and buying shares of companies that build robots used in manufacturing, some investors say. ADVERTISEMENT While economists and politicians have promoted the idea of global trade for years, a slowdown and even a reversal in its pace wouldn’t be a historical anomaly. Globalization has actually risen and fallen in cycles, according to Bank of America Merrill Lynch analyst Ajay Singh Kapur. “There is really no permanent trend, just lazy intellectuals confusing a long cycle for a perpetual-motion machine,” he wrote in a report last year that included a chart that extended back to the birth of Jesus. Yet the rapid increase in trade in the second half of the 20th century made globalization seem to be an inexorable force. “The world is governed by market forces,” Alan Greenspan said in 2007. It seemed hardly debatable at that point. From 1950 to 2007, the value of global trade grew by 6.2% a year, on average, almost four times as fast as the global population rose. Transportation costs fell, regions specialized, manufacturers chased the lowest-cost inputs, and supply chains became longer and more complex. President Donald Trump meets President Xi Jinping of China at the Group of 20 summit in Buenos Aires on Dec. 1. While investors have been hopeful for a trade deal, companies are already modifying their supply chains.PHOTOGRAPH BY TOM BRENNER/THE NEW YORK TIMES/REDUX Initially, the trend coincided with steady employment and wage gains for workers in developed economies. Those gains, however, deteriorated as manufacturers fled developed economies in the 1980s, seeking cheaper labor. In 1975, manufacturing represented over 20% of U.S. GDP and 22% of labor employment—today, it’s just 11% and 9%, respectively. After adjusting for inflation, incomes for nonsupervisory U.S. workers remain where they were in the late 1970s. Other developed nations have seen similar declines in manufacturing, coinciding with rising income inequality. The political backlash against the perceived winners of globalization has manifested itself in events like Trump’s election and Brexit. Hoping to protect jobs, countries have sought to become increasingly self-reliant, putting up ever-higher barriers to trade. ADVERTISEMENT Supply-chain decisions have rarely been so politically fraught. The Made in China label doesn’t disappear so easily into the seam of a U.S. company’s dress in an age of tariffs and angry presidential tweets. American-designed, Chinese-assembled iPhones have lost their status in Beijing, where consumers increasingly favor domestic brands. Given the political implications, companies are mostly keeping quiet as they realign their supply chains, lest they invite pushback. Barron’s contacted more than 50 small and large ones that had applied for tariff exemptions or discussed changing their supply chains. Only two were willing to talk. Bank of America Merrill Lynch analyst Andrew Obin says that “job creation (or lack thereof) is likely at the core of their ambivalence.” Even when corporations return production to the U.S., they might add more robots than humans. And Trump isn’t the only one they risk alienating. “For companies shifting production out of China, they likely don’t want to advertise their moves, either,” Obin notes. Such “reshoring” by U.S. companies is on the rise. More jobs were gained through reshoring than lost to offshoring in 2016, for the first time since 1970, says the nonprofit Reshoring Initiative. In 2017, employers announced decisions to bring a record 82,250 jobs back, up from just 3,221 in 2010. Preliminary numbers for 2018 show that reshoring announcements slowed last year, to 53,420—possibly a result of “uncertainty from the trade wars, dysfunction in Washington, and the dollar being up a little bit,” says the nonprofit’s founder, Harry Moser. But he calls the trend powerful and persistent. “It’s not just a trickle here or there.” Many companies have found it attractive to regionalize all or some of their product procurement or assembly closer to their end markets. The rewards: cheaper and faster transportation, less complexity and risk of disruption, reduced inventory requirements, and the political benefits of making products where they’re sold. GoPro (GPRO) is maintaining its Chinese factory to supply Asian customers. But it plans to move its manufacturing to Mexico from China for cameras bound for the U.S. “While the threat of tariffs served as a catalyst to improve supply-chain efficiency, this approach makes strategic sense, regardless of tariffs, and we expect to generate modest savings, to boot,” Its chief financial officer, Brian McGee, said on an earnings conference call last month. Hasbro (HAS) started making Play-Doh at a factory in Massachusetts late last year, the first time it had produced the toy in the U.S. since 2004. Hasbro says lower transportation costs influenced the decision. Solar-module maker SunPower (SPWR) is likewise working to move more production closer to its end markets. In industries with razor-thin margins, reducing shipping and other logistics costs can mean the difference between making or losing money. SunPower’s core product is a solar module enclosed in glass. It sells for about $1 per watt to power plants and up to $2.25 to residential customers. As much as a dime of the cost is attributable to logistics. “The bigger it is, the more the logistics cost it has, and the more likely you want to regionalize production,” SunPower CEO Tom Werner tells Barron’s. “The panel tends to be the first thing solar companies look to regionalize, to bring it closer to end demand.” SunPower has been expanding operations in Mexico for products it sells in the States. It even bought a small U.S. solar manufacturer last year. Other companies are making similar moves. Early in the 20th century, the companies that now make up Stanley Black & Decker largely made their tools in the U.S. But in the 1980s, production began to shift to China and other Asian countries, Allan, the CFO, says. By the late 1980s, only about 25% of U.S.-bound production was made domestically, but that has since risen to 50% as the company brings jobs back. One reason for the decision is that it appeals to customers who value U.S. craftsmanship, even if the goods are made in the same way as they would have been in China. “I wouldn’t say that everybody in the U.S. wants everything made in the U.S., but I think there are certain industries where that desire for Made in the U.S.A. products has elevated over the past 10 years,” Allan says. He hopes that eventually 80% of the company’s goods sold in America will be made here. Regionalization also has been spurred by the U.S. shale boom and the spread of more-sophisticated refineries on the Gulf Coast. Together, they’ve made the nation less dependent on overseas oil and made it cost effective to move energy-intensive manufacturing to the U.S. or Mexico, says Peter Guarraia, the Bain & Co. partner who heads the management consulting firm’s global supply-chain practice. “When you think about fundamental input industries like chemicals or fertilizer—anything that is energy- or petroleum-based—I think you’ll start to see that volume of production is going to shift out of China and back to the U.S.,” he observes. Companies will continue to search for the right balance, saving some labor cost here and transportation expenses there to reduce their overall input costs. “Industries with high labor content will be more likely to stay in Asia for the near term, because there’s still a substantial labor advantage in the East Asian markets,” Guarraia adds. Rising labor costs may cut China out of the supply chain for some businesses. Wages there have more than doubled since 2010. And the threat of tariffs has made other countries in Southeast Asia more attractive. GoerTek , a Chinese company that makes Apple’s AirPods, reportedly told suppliers last year that it was moving production to Vietnam. It will join companies like LG Electronics (066570.South Korea) and Samsung Electronics (SSNLF). And it’s not just tech: Chemical company Huntsman (HUN) announced last summer that it had opened a plant in Vietnam, its first in Asia outside China. In fact, manufacturing grew more in Vietnam than in any other major Asian country last year, IHS Markit has calculated. “I do think the area with the most potential is going to be Southeast Asia,” says Robert Horrocks, chief investment officer for Matthews Asia, a mutual fund outfit. “From there, you have relatively easy access to the big consumer markets in China, growing consumer markets in India, and those in Japan. You have fairly easy container-shipping access also across to Europe.” China, for its part, has larger ambitions. Its goal is to develop more-sophisticated products itself, instead of simply assembling things designed elsewhere. To achieve that, it will probably have to “outsource that assembly and manual labor to other parts of the world, and it has the capital to do that,” Horrocks adds. He expects Vietnam, with its young labor force, relatively low wages, and deepwater ports, to be the biggest beneficiary. To capitalize from this trend, Horrocks advises that investors stay away from investing in manufacturers that put together goods for foreign operators. “You could invest directly in manufacturers in, say, Vietnam,” he says. “But we’re talking about parts of the supply chain that are generally low value-added and where you’re in a situation where you’re beholden to some greater economic power, be it Apple in the U.S. or Samsung in Korea.” A manufacturing boom benefits local economies, which opens other investment opportunities. “Therefore,” Horrocks asserts, “the best way of investing is to invest in local businesses with a strong competitive moat that can feed off the increased purchasing power from the new industrial workforce.” The top holdings in the Matthews Emerging Asia fund (MEASX) are seafood processor Vinh Hoan (VHC.Vietnam) and Saigon Beer Alcohol Beverage (SAB.Vietnam). Exchange-traded fund (VNM) bets on local companies and multinationals that operate in Vietnam. The VinaCapital Vietnam Opportunity closed-end fund (VCVOF) also invests in local companies. China, meanwhile, is focusing on developing higher-value goods domestically, as opposed to just assembling them. Horrocks expects the nation to become a bigger player, not only in technology and autos—areas where its efforts already have drawn global attention—but also in sectors such as biotech. “You’ll see much more of a health-care industry developing in China,” he predicts. Bank of America has advised investors to put money into Chinese companies that are investing in other areas likely to be major growth drivers in their homeland. Examples: waste-treatment specialists, such as China Everbright International (257.Hong Kong), and wind-power outfits, such as China Datang (1798.Hong Kong). Renewable power and battery producers like BYD (1211.Hong Kong) are also in industries growing in China. These kinds of shifts were under way before President Trump came to office, but his protectionist policies have accelerated them, at times complicating U.S. companies’ decision-making. For Stanley Black & Decker , the Trump tariffs have made it costlier to manufacture some items in the U.S. A 25% tariff on Chinese chucks—a kind of clamp used to tighten a bit on a drill—has increased the U.S. manufacturer’s cost of that part, even as competitors can import fully made drills from overseas without facing a tariff. “Our cost to make this product is actually going up, versus our competitors,” company CFO Allan laments. Companies can’t expect to cover such costs just by raising prices. The Bain survey of executives found that only 33% plan to pass on the tariffs’ toll to consumers, a sign that companies are rejiggering their supply chains to avoid or minimize the levies, instead of jacking up prices to consumers and endangering sales. “This is changing how companies look at their total supply chain,” says Steve Bowen, CEO of Maine Pointe, a global supply-chain and operations consulting firm. “We’re discovering new suppliers for these folks. Where they thought there were four, now they see there are 20 or 25.” Tech companies seeking to introduce new products “will go and have that product built by several different entities, rather than just one,” Bowen says. “That’s a huge change, and you’ll see that play out over the next four or five years.” One manufacturer that Bowen advises uses steel products from China, but is now looking for suppliers in Europe. “It would allow them to revisit buying steel from China if there are tariffs,” Bowen says. “It’s opening up their eyes to the potential of the supply chain of the future.” In some industries, however, the supply chain of the future still can’t replicate the benefits of the supply chain of today. That’s particularly true in China, which has reinvented tech manufacturing in the past two decades. Companies that depend on sophisticated factories there find it hard to move production to other countries. Indeed, China is home to several “industrial commons” that can’t be quickly recreated elsewhere, according to Patrick Spence, CEO of Sonos (SONO), which builds its speakers at two Chinese sites. “There are hundreds of parts and hundreds of suppliers that are involved in the products that we build, and they’re all located in China,” Spence notes. “That’s something that has built up probably over the past 30 years, in terms of that complex. That’s there for a reason; it’s very strong; it works well today.” While SunPower has moved final assembly of some U.S.-bound solar panels to Mexico, it still sources the constituent parts from the Philippines and Malaysia. In those countries, an ecosystem of parts producers exists. These companies are in close proximity to one another, allowing SunPower to combine materials efficiently and inexpensively. “To ship the glass to make a module can be several pennies, which can be the difference between profit and loss,” SunPower CEO Werner says. Shay Scott, executive director of the University of Tennessee’s Global Supply Chain Institute, says: “It’s not just the manufacturing capability, it’s the tacit knowledge that comes in the community of people that design, innovate, and manufacture. You can’t just snap your fingers and recreate those in a different environment.” Companies leaving China for locales with higher labor costs will probably rely on automation to lower the cost differential, while benefiting from lower transportation or energy tabs. The International Federation of Robotics forecasts that the global tally of industrial robots will increase by more than 10 times from 2009 to 2021. Factory robot makers, including Rockwell Automation (ROK) and Fanuc (FANUY), are working to make adopting automation cheaper than offshoring. Stanley Black & Decker has ramped up its use of robotics. Instead of replacing workers, Allan says that the company is retraining them to manage the robots (though the use of robots may reduce future hiring). The machines are allowing the company to bring manufacturing back to the U.S. at a more reasonable cost, he says. “It doesn’t completely close the gap between a country like China and the U.S., but it does close it a fair amount.” Tariffs now cost Stanley Black & Decker $150 million a year, and the company doesn’t pass the full impact along to consumers. Even if Washington and Beijing make a deal, Allan doesn’t think that tariffs will go away completely. “With this acceleration of trade wars and tariffs, it has really forced us to think more aggressively. How do we achieve these goals in a much faster time frame?” he asks. The tectonic plates of global trade are in motion. Even a handshake between Trump and Xi won’t stop that shift. This is the first in a series of special reports that will examine the realignment taking place in the world economy as a long push for globalization starts to unravel. Tell Us What You Think Is the age of globalization over? Write us at [email protected] and we may publish your take. Find out more at barrons.com/mailbag. Write to Avi Salzman at [email protected] and Nicholas Jasinski at [email protected] When Vanguard’s Cheapest Funds Don’t Yield the Best Returns Read More Investing as Globalization Declines Read More Barrons Copyright ©2019 Dow Jones & Company, Inc. All Rights Reserved. 15. This is the first in a series of special reports that will examine the realignment taking place in the world economy as a long push for globalization starts to unravel. 16. https://www.google.com/amp/s/www.goal.com/en-us/amp/news/my-adventure-in-china-has-come-to-an-end-pato-terminates/12hzu2xuounwk1x0sb65yyx0w7 17. logo LIVE SCORES TRANSFERS 'My adventure in China has come to an end' - Pato terminates contract with Tianjin Tianhai 3 hours ago Alexandre Pato Tianjin Quanjian CSL TRANSFERS TIANJIN TIANHAI CSL The 29-year-old has bid farewell in a social media post, and has been linked with a move back to his native Brazil Article continues below Alexandre Pato has confirmed that he will be leaving China after terminating his contract with Tianjin Tianhai. Pato joined the club – then named Tianjin Quanjian – in January 2017 after a move from La Liga side Villarreal. The Brazilian striker was successful during his two years in China, netting 30 league goals in 47 appearances for the club. Editors' Picks Zidane is back! And it's good news for Isco, Marcelo & maybe even Bale Miguel Herrera, America backing up talk with results ahead of Clasico Nacional Ronaldo and Messi the winners, Manchester United the losers of the Champions League draw Solskjaer back in Barcelona! Man Utd boss needs another Camp Nou miracle to upset Messi's men But the 29-year-old had failed to appear in either of Tianjin Tianhai's opening two games of the season amidst rumours that he had fallen out with the club. Article continues below And Pato has now confirmed his departure in a post on Chinese social media network Weibo. "My dear Chinese friends, I‘d like to inform you that my adventure in China has come to an end," Pato wrote. "When I arrived in Tianjin for the first time in 2017 I didn’t know the city at all. It was a surprise and also it was love at first sight for me. "These two years in China were full of happy moments with my team-mates and full of new experiences. I am quite sure that China made me grow up as a man. "I visited new cities and places, I learned new different culture and habits of this great country. I helped my team with my goals and my football to reach the Asian Champions League for the first time in the club’s history. "I would like to thank my club, my team-mates, coaches, all the working people in the club, my fans and supporters who always sent me wishes and love and all the nice Chinese people I met during these two years in China. "I am sure I will miss China and I am also sure that many Chinese people will miss me. We will keep in touch on this app in the future. Keep on following me and my life. "I hope I imparted to you my big love for football and now a new adventure is about to start for me." Pato has been linked with a move back to his native Brazil. The striker has 27 caps for Brazil but has not played for the Selecao since 2013. 18. https://www.businessinsider.com/us-is-at-a-huge-disadvantage-in-missile-fight-against-china-2019-3 19. The US and China are gearing up for a missile fight — and the US is at a huge disadvantage Alex Lockie Mar 15, 2019, 3:51 PM China military Missiles are displayed in a parade Chinese parade.Jason Lee/Reuters The US is doomed to lose an increasingly hot missile race in Asia and the Pacific because of severe geographic, political, and military disadvantages against China. A treaty prevented the US and Russia from building missiles with medium-length ranges, but China has built a large fleet of such missiles designed to take out US military bases in the Pacific and aircraft carriers. The US can try to counter these missiles with missiles of their own, but it's a fight it's sure to lose. There may be other options, however. The US announced on Thursday that it would begin testing a whole new class of previously banned missiles in August, but the US's chief rival, China, has a miles-long head start in that department. The US's new class of missiles are designed to destroy targets in intermediate ranges, or between 300 and 3,000 miles. The US has many shorter-range systems and a fleet of intercontinental ballistic missiles that can travel almost around the world. A 1987 treaty with Russia banned these mid-range missiles, but the treaty's recent demise has now opened an opportunity for the US to counter China's arsenal of "carrier-killer" missiles. Read more: If China's 'carrier-killer' missiles work, it's making one of the dumbest moves of the century China, as it seeks to build up a blue-water navy to surpass the US's, has increasingly touted its fleet of missiles that work within intermediate ranges and can target ships at sea, including US aircraft carriers - one of the US's foremost weapons. China has suggested sinking carriers and threatened to let the missiles fly after the US checked its unilateral claims to ownership of the South China Sea. Now, unbound by the treaty, the US can in theory counter China's intermediate-range missiles with missiles of its own. But the reality is that China holds several seemingly insurmountable advantages in this specific missile fight. Geography weighs against the US The ranges of Chinese ballistic and cruise missiles, air-defense systems, and warships.Center for Strategic and Budgetary Assessments China has a big, mountainous country full of mobile missile launchers it can drive, park, and shoot anywhere. With the massive bomber and naval presence in Guam, it's an obvious target.US Air Force photo by Master Sgt. Kevin J. Gruenwald The US has a network of mainland and island allies it could base missiles with, but that would require an ally's consent. Simply put, the US hasn't even explored this option. "We haven't engaged any of our allies about forward deployment," a US defense official told Reuters. "Honestly, we haven't been thinking about this because we have been scrupulously abiding by the treaty." The US could place missiles in Japan, but Japan hates the US military presence there and would face economic punishment from China. The same is true of South Korea, Australia, the Philippines, and Taiwan. Read more: China's military buildup is just getting started, and one expert says to expect 'something new' this year A floating target?US Navy Furthermore, US missiles on a small island would act as a giant target on that patch of land, painting it as the first place China would wipe off the map in a conflict. Guam, for instance, could host US missiles as a US territory, but a few missiles from China, potentially nuclear-tipped, would totally level the tiny island. While China would simply have to hit a small target-rich island, the US would have to breach China's airspace and hunt down missile launchers somewhere within hundreds of thousands of square miles. US jets would face a massive People's Liberation Army air-defense network and air force, and that's if US jets even get off the ground. Recent war games held at Rand Corp. suggests the US's most powerful jets, the F-22 and F-35, probably wouldn't even make it off the ground in a real fight in which China's massive rocket force lets loose. Can't fix stupid Mass Communication Specialist Seaman Apprentice Samuel Souvannason/US Navy Ultimately, basing US intermediate-range missiles in the Pacific represents a massive political and military challenge for limited utility. Read more: How the world's largest military stacks up to the US armed forces But fortunately for the US, there's little need to match China's intermediate-range forces. With submarines, the US can have secret, hidden missile launchers all over the Pacific. Importantly, these submarines wouldn't even have to surface to fire, therefore they would be out of the range of the "carrier killers." The US has options to address China's impressive missile forces, but loading up a Pacific island with new US missiles probably isn't the smart way to do it. NOW WATCH: Popular Videos from Insider Inc. * Copyright © 2018 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Sitemap Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UK DE AUS IN MY SG PL SE NL FR IT JP 20. A treaty prevented the US and Russia from building missiles with medium-length ranges, but China has built a large fleet of such missiles designed to take out US military bases in the Pacific and aircraft carriers. The US can try to counter these missiles with missiles of their own, but it's a fight it's sure to lose. There may be other options, however.

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