Category: Aggregated

James Laurenceson, Deputy Director of the Australia-China Relations Institute at the University of Technology, Sydney, welcomed China’s efforts to turn the G20 “from a crisis response to one that drives long-run improvements in living standards,” in an interview with Xinhua published Tuesday. “China is the world’s second largest economy and is responsible for 30 percent of global growth. That makes it an ideal candidate to play a leadership role in ensuring the G20 makes a successful transition and delivers widespread benefits,” Laurenceson told Xinhua.

Xinhua reported on Laurenceson’s view in a story on how China seeks to use its chairmanship of the G20 to transform the grouping, “from a crisis committee to a ‘peace time’ steering committee for international policy coordination.”

That includes turning the world away from short-term stimulus and monetarism, to what Chinese economists call “supply-side structural reforms,” which focus on increasing physical production and technological innovation—a different animal entirely from the austerity and government-reduction which the IMF and Western financiers mean by “structural reforms.”

“Short-term stimulus measures to encourage demand such as rapid credit expansion and zero interest rates have hit their limits. Structural reform is now the most realistic way to achieve sustainable improvements in living standards,” Laurenceson told Xinhua.

An overview of Chinese thinking on this front was made available to U.S. policymakers on August 28 by Washington, D.C.’s National Interest, in a column on “What To Expect from China’s G20 Leadership,” authored by Wang Wen, the executive director of the influential Chongyang Institute for Financial Studies at Renmin University in Beijing. Wang laid out China’s intent to prioritize innovative approaches to growth, and “step up global governance and transform development mechanisms to facilitate production flows on a global scale.” China believes in cooperation on international production-capacity, he wrote, “and [wants to] forge an inclusive global industrial chain to enable all countries to fully realise their comparative advantage.”

Financial governance reforms, and an “open world economy… [to] balance the developmental needs of countries at different stages of economic development,” are likewise priorities. “Urbanisation and industrialisation in developing countries is restricted by inadequate technology, equipment and infrastructure. And, in developed countries, equipment and infrastructure rejuvenation is complicated by a shortage of funds and high costs.” Here, China’s “One Belt, One Road” is put forward as exemplary of approaches for resolving these imbalances.

The Intercept has published an interview with Rep. Ted Lieu (D-Cal.), who is a leader of the fight to block the $1.15 billion latest arms sales to the Saudis, and who has been pressing for months for the Obama Administration to abandon its blatant military backing for the Saudi crimes in Yemen. Lieu is a retired Air Force colonel who still serves in the Air Force Reserve.

“I taught the law of war when I was on active duty,” he told The Intercept. “You can’t kill children, newlyweds, doctors and patients—those are exempt targets under the law of war, and the coalition has been repeatedly striking civilians.” After the Saudis resumed bombing of civilian targets in Yemen in August, after peace talks broke down, Lieu charged that the Obama Administration was “aiding and abetting what appears to be war crimes in Yemen.” Less than 24 hours after Lieu issued that statement, the Saudi coalition bombed the Doctors Without Borders hospital in northern Yemen. It was the fourth Doctors Without Borders hospital that the Saudi coalition had bombed in Yemen in the past 12 months. Since September of last year, Lieu has written to JCS Chairman Gen. Joseph Dunford, President Obama, Secretary of State John Kerry, and Secretary of Defense Ashton Carter, calling for a full investigation into the “indiscriminate nature” of the coalition operations in Yemen. A Pentagon spokesman wrote back, claiming that the Saudis were “trying harder to comply with the Laws of Armed Conflict.”

Lieu warned in his Intercept interview that continuing to back the Saudi war crimes in Yemen is going to backfire against US security: “By aiding a coalition that is killing civilians, the U.S. is going to create another generation of people who hate the U.S. and who are going to want to do very bad things to us… It’s actually creating more terrorists by killing all these civilians.”

In response to efforts by Congress and human rights groups to expose the crimes of the Saudis in Yemen, the Saudis are doubling down on their lobbying efforts in Washington, particularly since the July 15 release of the 28 pages from the Joint Inquiry into 9/11. Al Monitor reported Monday that in the past year, the Saudis have hired five new public relations firms to defend them in the US, doubling their lobbying price tag to $9.5 million a year. In May, the Saudis hired DLA Piper, a major Washington lobbying firm, to save the Saudi reputation. The same month, the Saudis also hired former Republican National Committee chairman Haley Barbour as another lobbyist. Their longstanding chief lobbying firm, Qorvis (now renamed MSLGROUP), has been working for the Saudis for 14 years, hired in the aftermath of 9/11. Qorvis is also the PR firm for the High Negotiations Committee (HNC), the Saudi-backed Syrian rebel coalition, largely made up of hardcore Salafist groups.