04/17/2017

It Seems Trump Got China To Crack Down On North Korea

John Pomfret, New York Post

Something interesting is happening in China, and perhaps President Trump deserves some credit.

For the first time, the Chinese government appears to have laid down a bottom line with North Korea and is threatening Pyongyang with a response of “unprecedented ferocity” if the government of Kim Jong-un goes ahead with a test of either an intercontinental ballistic missile or a nuclear device.

In an editorial in the semi-official Global Times on April 12, Pyongyang was put on notice that it must rein in its nuclear ambitions, or else China’s oil shipments to North Korea could be “severely limited.” It is extraordinary for China to make this kind of threat.

For more than a decade, as part of its strategy to prop up one of its only allies, China refused to allow the UN Security Council to even consider cutting oil shipments to the North. Beijing’s calculus was that the maintenance of the North Korean regime took precedence over everything. Now Beijing seems to be reconsidering its position.

Perhaps even more significantly, on April 5, the Global Times, which is owned by the People’s Daily, the official mouthpiece of the Chinese Communist Party, laid out what it called China’s “bottom line” on the increasingly tense situation on the Korean Peninsula.

First, the editorial said “the safety and stability” of China’s northeast must be assured. To that end, the editorial continued, no North Korean nuclear fallout can be allowed to “contaminate” the region.

Second, North Korea cannot be allowed to “descend into the kind of turbulence that generates a huge outpouring of refugees,” the editorial said, adding that China will also not allow “a hostile government” in Pyongyang.

It concluded by vowing that Beijing would not tolerate a US military push toward the Yalu River.

China has never before listed in such clear, albeit semi-official, terms what it wants for the Korean Peninsula. It’s never before hinted that it would oppose the formation of a government hostile to Beijing’s interests next door. So how is this related to Trump?

Read full article



You May Also Like:

The IG Report Is Our Best Shot At The Truth About Hillary's Emails (And It Could Be Explosive) [Watch] Jason Chaffetz, Fox News

Trump’s Trade Confusion Editorial Board, The Wall Street Journal

Let’s Hope The Trump-Kim Summit Stays Cancelled Rich Lowry, New York Post

Masters Of The Universe: Leaked Documents Show Facebook’s Internal Turmoil About ‘Hate Speech’ Lucas Nolan, Breitbart

Trump’s Best Move Yet—Easing Rules To Fire Bureaucrats Stephen Kruiser, The American Spectator

The Race To Be The Next Speaker Haley Byrd, The Weekly Standard

The New Starbucks Bathroom Policy Is A Terrible Idea [Watch] Katherine Timpf, National Review

TOTALITARIAN IN NYC: De Blasio Issues ‘Cultural Plan’ Linking Museum Funding To Skin Color Ben Shapiro, The Daily Wire

These California Rebels Are Working With Trump, Not Against Him Jarrett Stepman, The Daily Signal

Why Conservatives Shouldn’t Fear That Obama-Netflix Deal [Watch] Christian Toto, Hollywood In Toto

For More go to the Home Page >>>

Join Our Email List



section

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 3.93%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central April Year-to-Year: 2.46% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section