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時間:2022-08-15 來源:本站 點擊:258次

America's notorious records of economic bullying******

US President Joe Biden signed on Thursday a piece of legislation alleged to ban imports from China's Xinjiang and impose so-called sanctions over debunked claims of forced labor, adding another testimony to America's long-lasting and detrimental economic bullying on the rest of the world.

From introducing high tariffs to imposing unilateral sanctions under the pretext of "national security," "democracy" or "human rights," the notorious records of the self-proclaimed free market economy have not only astounded and agitated the larger world, but also exposed America's own aberrant and maimed economic governance.

Uncontrolled "invisible hand"

Over the past decades, Neoliberalism, an ideology well serves the need for capital expansion, has been popular with US political and business elites, and has been broadly applied to America's economic governance.

During his inauguration address in 1981, then US President Ronald Reagan, who took a strong belief in Neoliberalism, said, "government is not the solution to our problem, government is the problem." His policies of cuts in taxes and benefits, as well as encouragement of free competition, have posed a risk to the "invisible hand," leaving the US economy uncontrolled with ever-growing budget and trade deficits.

The US real economy has been increasingly hollowed out ever since the 1970s and 1980s, and this trend is going even further in the 21st century. Coupled with the implementation of Neoliberal policies in the United States is a more uneven distribution of the economic globalization dividend among different US industries and groups, which is very much miniatured in the sharp contrast between depressing lives in the Rust Belt region and absolute opulence in Wall Street.

The Economic Well-Being of US Households in 2020, a report published in May by the US Federal Reserve, showed that the wealthiest 1 percent of Americans control about 16 times more wealth than the bottom 50 percent.

Besides, according to an analysis by Oxford Economics, US households accumulated around 1.6 trillion US dollars in excess savings in the period between March 2020 and January 2021. But the top 20 percent of earners – and to a lesser extent, the second 20 percent – account for all the current accumulated cash.

"Transforming the US economy requires policymakers to recognize that markets cannot perform the work of government," US economist Heather Boushey wrote in late 2020 in an opinion piece.

Incompetent government regulation

In the face of pandemic-caused economic difficulties, policymakers should not only consider distribution justice to avoid social polarization, but also caution against partisan politics that might hijack economic policies.

However, unfortunately, the United States has been suffering both social inequality and poor efficiency in policymaking, adding pains to the nation which records the most positive COVID-19 cases.

Influenced by the rules of the capital-favored free market economic system, the US economic policies have long perferred the interests of the rich.

"Tax policy has favored the wealthy and corporations for decades," an opinion piece posted by The New York Times said, adding that "the Fed controls the flow of money, and it flows to the wealthy."

The top 1 percent of households received 75 percent of taxable long-term capital gains in 2019, and more than half went to the highest-income 0.1 percent of households, according to the Tax Policy Center, a joint venture of the Urban Institute and Brookings Institution.

Different interests of divided constituencies also drag down the efficiency of government regulations.

In Washington, partisan differences have been pronounced as politicians lobby to maximize the interests of their own constituency, which might block major law-making process aimed at benefiting the public.

On Sunday, Democrats have encountered a major setback as Democratic Senator Joe Manchin publicly stated he would vote "no" on Biden's landmark 2-trillion-dollar social spending bill, which, known as the Build Back Better Act, has witnessed months of negotiations among Democrats.

"There is a vicious cycle in which the market and the rules governing the market – the framework for politics itself – shifts in the direction of the wealthy and big corporations," Robert Reich, who served as Labor Secretary under former US President Bill Clinton, pointed out in an interview with The Sunday Magazine.

In Reich's view, if great wealth of a society is concentrated in the hands of a few, democracy will inevitably be corrupted.

As such a hypothesis becomes reality in US politics, it is unlikely for the government to produce policies in a fair, effective and consistent manner.

Addiction to meddling global economy

While domestically beset by yawning social inequality and belated economical regulations or policies, some ill-minded US politicians have been seeking to shift the burden by interfering with or bullying its trading partners, including China.

In the names of the decoupling plan, the "China Initiative" and "entity list," as well as tariff tools, Washington has been addicted to economic sanctions and overused its financial hegemony, becoming the biggest violator of free trade and market rules.

Over recent years, in contrast to its long-proclaimed rules of free market economy and international trade norms, the White House has abused state power under the pretext of national security to restrain and suppress Chinese enterprises, regardless of their contributions to the US economic growth.

So far, hundreds of Chinese institutions and companies have been added to the US "entity list" of export controls.

Commenting on Washington's administrative attack upon Chinese companies, Samm Sacks, a senior cybersecurity policy fellow at Yale Law School's Paul Tsai China Center and New America, said it sets a dangerous precedent in which the US government can blacklist companies based on country of origin using blanket national security as justification.

History of economic governance has proved that interfering in trading partners amid adversities is not only helpless to improve one's domestic economic resilience or sustain its development momentum, but also suppresses innovation, undermines global supply chains and disrupts international trade orders.

If Washington persists in bullying trading partners, such policy will boomerang on the US economy itself, as well as casting a shadow over the recovery of the world economy.

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Economic Watch: China's Christmas decoration industry recovers, but uncertainties remain******

HANGZHOU, Nov. 26 (Xinhua) -- When the Christmas season is here, relevant industries in China, dampened by the global spread of COVID-19 last year, have been recovering, yet challenges still remain.。

About 80 percent of the world's Christmas products are exported from Yiwu, a global leading small commodities market in east China's Zhejiang Province. This year, Christmas decoration manufacturers there saw rising orders.。

The Yiwu Christmas Products Industry Association, with more than 200 members, said orders increased by 30 percent from last year.。

The total number of orders accounted for about 80 percent of that in 2019, indicating recovery from the COVID-19 pandemic fallout, said Cai Qinliang, secretary-general of the association.。

Dongyang Weijiule Crafts Co., Ltd., a Christmas water lanterns producer, reported its sales volume bounced back to the 2019 level at 30 million yuan (about 4.7 million U.S. dollars).。

Export accounts for about 80 percent of Weijiule's business. To counter pandemic-induced disruptions, the company has stayed in close contact with overseas clients to ensure the delivery of orders since 2020.。

"Overseas demand gradually revived, and orders flocked to us in February, a month earlier than usual," said Qiu Xuemei, general sales manager of the company, adding that she considered it as a relief but also a source of pressure.。

"The pandemic made overseas purchasers too cautious to replenish their stock last year so that many of them saw supply fall short of demand," Qiu explained. "However, the earlier they place the orders, the heavier the pressure we face due to rising raw materials and sea transportation costs."

The rationing of electricity supply has also extended the production cycle, causing possible delivery delays, Qiu noted. Products that failed to catch up with the Christmas season would become an excess inventory of overseas clients, which may drag down their demand next year.。

"Also, the longer production time squeezed our time of developing new products to cater to new preferences which always spawn year after year," said Qiu.。

"Some enterprises slowed down their pace of production while facing those uncertainties, but I believe that the resilient supply chain in China can always be a beacon of hope," said Cai.。

According to Cai, China has a mass of upstream enterprises in the Christmas decoration industry, which can provide a great convenience for Yiwu-based manufacturers while effective control of the COVID-19 also weaves a safety net.。

"Under the uncertainties brought by the pandemic, companies need to develop e-commerce and information technologies to catch up with the times," said Cai, adding that upgrading products is also important.。

Christmas tree pendants, Santa figures and snow globes thronged shelves and counters of Cai's store near the Yiwu International Trade Market as usual. "No matter what happens, people always need some festive atmosphere," he said. Enditem。

屋漏偏逢连雨 iPhone捍卫“苹果税”提出上诉******苹果向法院明确提出起诉,规定法院暂时中止务必给予第三方支付方式的程序流程。�PChome手机频道栏目报导】。

�苹果与Epic Game的诉讼在9月份宣布判决,Epic Game层面的10项指控中苹果赢了9项,如愿以偿得到了本应归属于苹果的盈利,而且仍然维持了对Epic Game开发者账号的肯定核心。从纸上的裁定结局看来是苹果赢了,但苹果输了的那项指控,针对苹果的严厉打击极大,其很可能颠复苹果APP Store的商业运营模式。法院判断,苹果务必容许开发人员应用苹果付款以外的第三方支付方法,此项要求要在12月宣布实施。顾客如何应用第三方支付方法得话,就代表着苹果没法开展30%的苹果税提成,这针对苹果APP Store的收益会造成较大危害,终究APP Store的收益是苹果的关键收益之一,其营业收入乃至超出了小米集团的全年收入。


因为APP Store的提成标准,造成iOS客户选购同样的服务项目时,一直会比Android客户花大量的钱,终究苹果的提成最后也是要大家来付钱的。假如苹果迫不得已务必给予第三方支付得话,开发人员能够在第三方支付方式给予更低的价钱,在价差的功效下,顾客非常容易去挑选更低的第三方支付方式,这会让苹果的收益骤减。


实际上全部业内针对“苹果税”的存有早已充满了不满意,Epic Game做为出头鸟尽管最后输了了纠纷案,但唯一赢球的那项指控,却取得成功打中“苹果税”的重要。先前韩层面早已调研了苹果与谷歌软件服务平台的垄断性难题,并早已法律规定务必给予其他付款方式。而在首尔以外,其他我国也在对苹果的垄断性难题深入调查与政策法规制订,西班牙顾客和市场监督局(ACM)确定,iOS服务平台的內购规定违背公平交易标准,规定苹果务必尽早对外开放第三方支付方式,日本公平公正貿易委员会(FTC)会也公布,已经下手调研Google和苹果在智能手机行业中的的垄断性难题。


韩防长称朝鲜若进行第七次核试验 将出新手段应对





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