US under Obama reluctant to stop making messes all over the world ; ISIS massacre in Iraq shames Washington

US President Barack Obama has been in office for more than five years, but his diplomatic practice has so far ended with misery.

The Iraq War that lasted for seven years and five months brought about radical anti-government forces that have relations with Al Qaeda and have seized northern provinces. It also brought about a more pro-Iran government.

The 13-year-long Afghan War led to a US that has to engage in negotiations with the Taliban and an Afghanistan hostile to the US.

Bashar al-Assad, whom the US has been trying to defame in every possible way, was reelected as Syrian president. The Arab Spring brought about an anti-US wave across the Middle East.

While isolating Russia due to the Ukrainian crisis, the US also finds Russia and Europe are getting closer.

While unscrupulously supporting Japan led by right-wing forces, its "pivot to Asia" strategy has become a tool to vitalize Japan's militarism. The US' "mess-making" image is hard to change.

Such an eye-watering diplomatic sheet reflects the decline of US power and the rigidness of its strategic mentality. The two time-consuming and costly wars and the financial crisis that swept the whole world have corroded the strength of the US, which corresponds to the conclusion of Paul Kennedy in his book The Rise and Fall of the Great Powers that military overstretching leads to the decline of empires.

Meanwhile, the increasingly severe partisan struggles in US domestic politics serve as a negative democratic model.

The US' torture of prisoners overseas and the PRISM-gate scandal have weakened Washington's soft power. It is time for the US to reflect upon its failed global diplomacy and reform its political and economic systems.

Against the backdrop that the security of all countries are interrelated, the US still insists on alliances. In the past two decades, NATO has expanded three times and strengthened the military alliance as the US advocated the "Russia threat," which has led to the split of European security.

When Asian countries progressed into regional integration, the US advocated the "China threat" to strengthen the Asian alliance system, with the US-Japan alliance at the core, which will surely lead to the split of Asian security.

The old mentality of "alliance" has not only worsened the international environment in which the US' own domestic economic plight is to be solved, but also brought about criticism of other countries.

The US has been obstinate in pursuing its dream of hegemony. It not only excludes others in the traditional security field, but also tries to define the boundaries in new security areas, such as information warfare and cyber space.

Experts from US think tanks who remain cool-headed have reminded those in power that the driving force of the US diplomacy is a revitalized economy. The urgent task is to solve domestic problems, rather than fan up the flames of troubles around the world.

When Obama first took office in 2009, the US public expected him to take their country out of the economic downturn like former president Franklin Roosevelt did before. Five years have passed, the economy hasn't got rid of sluggishness, political extremism remains, and the gap between different social classes has widened.

The tragedy of the US diplomacy is that decision-makers habitually refuse reflection.

Last month, when Obama delivered a speech at the US Military Academy at West Point, he articulated his vision of the US' leading role in the world for the century to come.

But if the declining US that brought about numerous tragedies to the world still wants to dominate the world, the world will come to the edge of a cliff. It seems just too difficult for the US to learn to be a normal country.

By Li Haidong Source:Global Times Published
The author is a professor at the Institute of International Relations of China Foreign Affairs University. opinion@globaltimes.com.cn

ISIS massacre in Iraq shames Washington

The Islamic State of Iraq and Syria (ISIS) militants boasted on Twitter Saturday that they had executed more than 1,700 Iraqi government soldiers and posted grisly on-the-spot photos. The claim of the Sunni Islamist militants shocked media outlets the world over as this latest Iraq massacre might be the largest since 2003.

ISIS already appalled the whole international community by suddenly taking over Mosul days ago, the second-largest city of Iraq. Their mass murder of thousands of war prisoners this time reveals their atrocity as well as the unpredictable abyss of the Iraq crisis. The US has sent the nuclear-powered aircraft carrier USS George H.W. Bush and two guided missile ships into the Persian Gulf and is hesitating about whether to launch air strikes against ISIS in northern Iraq. It seems the Iraq tragedy is caused by a continuously regenerative power that can never be eliminated by external forces.

Washington waged the Iraq War in 2003 without UN authorization and regardless of objections from major countries including China, Russia, Germany and France. US public opinion has recently been reflecting that the Bush administration might have started a wrong war, although authorized by Congress and a majority of the US public back when the US elite was confident about remolding the Middle East. The democratic system failed to broaden the limited vision of US society on the Middle East.

Thousands of US soldiers were killed at the battlefields of Iraq and tens of thousands of Iraqis lost their lives, for which then president George W. Bush and defense secretary Donald Rumsfeld would not assume any responsibility. This is indeed an error by Uncle Sam. Nevertheless it will be of positive significance to a certain degree if the Western world led by Washington can draw from the brutal war profound lessons that are expected to help change the US' way of "leading the world."

The biggest lesson is that the US is not omnipotent in reforming smaller countries it detests. The West needs to hold in awe the torn and tattered societies of Iraq and Afghanistan, which will release incredible power once their internal structures are disrupted and devour all efforts at peaceful reconstruction. There is no denying that Washington has injected power into globalization by bringing the clout of Western values to every corner of the world. However, many people may have overestimated the political meaning of US cultural communication and mistaken it for a prelude to world domination for the Western political model.

Now the White House is keen on its "pivot to Asia" strategy. History will not simply repeat itself. If the US attempts to scourge East Asia, it will probably adopt different means from those in the Middle East. East Asians should give full play to their wisdom to avoid falling into the trap of Washington.

Source:Global Times

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British media unprofessional over Chinese Premier meets Queen Elizabeth II

Video: Li meets Queen Elizabeth II at Windsor Castle - CCTV News - CCTV.com English

Full coverage: Chinese Premier Visits Britain and Greece

UK media hype over visit unprofessional

Queen Elizabeth II met with Chinese Premier Li Keqiang and his wife in London Tuesday. However, British media had previously claimed it was the Chinese side who required a meeting with the Queen. In their reports, whether the Queen would grant an audience with Li seemed to become a bargaining chip for London. Diplomats might break out into laughter at such rhetoric. This hype only serves to reflect the narrow-mindedness of the British media and even the whole of its society. The once-powerful British Empire must now resort to such trickery to manifest its pride.

Anyone with a common sense of diplomacy understands fine-tuning of itinerary details are a necessity in high-level state visits. It is completely normal and proper for the Chinese Premier to meet with the British Queen, who should make her own contribution to the success of this diplomatic event. The British media are unprofessional by speculating over the negotiation process.

For China, Premier Li's final travel itinerary is in full conformity with the significance of his visit. Designing such an agenda was quite simple for Beijing. It is London that conceives they could utilize different options to express its opinions. However, China will pay no heed to all this.

British public opinion remains prejudiced against China and highly expects to embrace an opportunity to prove that it is superior compared with the emerging nation. Nevertheless, engaging in economic cooperation with Beijing is in its practical interests. Whenever Chinese and British leaders meet with each other, the British media habitually hypes China's human rights and calls on the British government not to sell its soul in exchange for Beijing's trade pacts.

Britain's national strength cannot be placed in the same rank as China now, a truth difficult to accept for some Britons who want to stress their nobility. If they refuse to recognize this fact and find fault with China on purpose, even at the cost of bilateral relations, they will not find any mental comfort. Chinese society is more and more relaxed in dealing with Sino-UK ties, while the British could not be pettier.

The Chinese public has a simple attitude toward the China-UK relationship in which national interests are the decisive factor. As an important European country, a positive bilateral relationship outweighs a negative one. There is no extra sentiment involved. But to us, British society attaches much more emotion when it comes to engagement with China, such as sense of pride and national dignity.

Perhaps Chinese people should forgive Britain's confusing sentiment. A rising country should understand the embarrassment of an old declining empire and at times the eccentric acts it takes to hide such embarrassment. Diplomacy has to be based on realistic recognition of the two countries' power. No matter for China or the UK, it will be tiring if they try to distort this reality.

Source:Global Times Published: 2014-6-18

China surpasses US as world's top corporate borrower; Will the IMF headquarters move to Beijing?

China surpasses US as world's top corporate borrower

Corporate debtChinese corporate borrowers owed $14.2 trillion at the end of 2013 versus $13.1 trillion owed by U.S. corporations with the switch in ranking

The Chinese mainland has surpassed the US as the world's top corporate borrower, and higher debt risk in the world's second-largest economy may mean greater risk for the world, a report said on Monday.

However, Chinese economists noted that the debt risk in China's corporate sector is still well under control.

Nonfinancial corporate debt in the Chinese market was estimated at around $14.2 trillion by the end of 2013, overtaking the $13.1 trillion debt owed by the US corporations, a progress happening sooner than expected, said a report from the Standard & Poor's Ratings Services on Monday.

The report expects that by the end of 2018 debt needs of mainland companies will reach $23.9 trillion - around one-third of the almost $60 trillion of global refinancing and new debt needs.

"It [the mainland surpassing the US as the largest corporate borrower] is not surprising at all, as the [size of] mainland non-service sector has already surpassed that of the US," Tian Yun, an economist with the China Society of Macroeconomics under the National Development and Reform Commission, told the Global Times on Monday.

Cash flow and leverage at mainland corporations has worsened after 2009, and debt risks in the property and steel sectors remain a particular concern, the report said.

Private companies are facing more challenging financing conditions - highlighted by China's first corporate bond default case of Shanghai Chaori Solar Energy Science and Technology Co in March and another case of default of leading private steel maker Shanxi Haixin Iron and Steel Group.

"The capital market has been sluggish during the past few years, leading to the fast growth in corporate debts," Xu Hongcai, director of the Department of Information under the China Center for International Economic Exchanges, told the Global Times Monday.

Experts noted that the rapid growth in debt reflected some problems of the  Chinese economy, but the size of the debt is still in a safe range and will not cause major risks as the economy remains stable.

"The problems of the Chinese economy are institutional and structural," Tian said, "By addressing these issues, debt risks can be managed."

Tian further noted that most corporate debts in China are internal debts, thus debt problems in the country will have limited impact on the rest of the world.

The report also said a possible contraction in "shadowing banking" will be detrimental to businesses as general.

But Xu noted that China's tighter supervision of the "shadow banking" sector will make it more transparent and better-regulated, which will reduce the potential risks in the sector.


Local governments face massive debt repayment pressure

China's local governments are facing huge debt repayment pressure this year with 2.4 trillion yuan ($390 billion) of debts due in 2014, China Business News reported Monday.

From 2009 to 2013, China issued 94 local government bonds raising 850 billion yuan, the report said.

With another 400 billion yuan worth of bonds to be issued this year, the total financing since 2009 will reach 1.25 trillion yuan, according to the report.

However, the total local government debt is much higher than the amount raised through the bonds, the report said, noting that major debt came from bank loans.

Although the central government has stated several times that the overall debt risk is under control, the statistics from China's National Audit Office show that some local governments have a debt-asset ratio of more that 100 percent and are facing huge repayment pressure, the report said.

Market analysts hold the view that local governments may borrow new debts to pay for the old ones.

The central government allowed local authorities to raise funds since 2009 in the wake of the global financial crisis, while the central government also issued bonds and repaid debts on behalf of the local governments, a practice criticized by some as not conforming to market economy principles.

As the bond issuing backed by the central government is limited and could not fully meet the local needs, the local governments also turned to opaque financing channels including shadow banking activities, the report said.

Despite the big debt pileup, no local government default has so far taken place.

- By Liang Fei Source:Global Times Published: 2014-6-16 23:43:09 

Will the IMF headquarters move to Beijing?

The International Monetary Fund's headquarters may one day move from Washington to Beijing, aligning with China's growing influence in the world economy, the fund's managing director Christine Lagarde said early this month.

Attaching importance to China

Christine Lagarde made the statement at the London School of Economics and Political Science (LSE), saying that the IMF rules require that the institution should be headquartered in the country that is the biggest shareholder. This has always been the U.S. since the fund was formed.

"But the way things are going, I wouldn't be surprised if one of these days, the IMF was headquartered in Beijing," she said.

Lagarde remarked that the IMF had a good relationship with China, the world's second largest economy, and she praised the Chinese government's commitment to fighting corruption.

Lagarde added that she did not think the IMF should be controlled by Europeans in its first place. Since its establishment in 1945, the IMF headquarters has been headed by Europeans and located in Washington, while the World Bank has been headed by the Americans.

Not satisfied with the U.S.

Lagarde also pointed out that the U.S. government is an "outlier" among the G20 in refusing to approve IMF reform, and the IMF was trying to give emerging economies like China and Brazil a bigger voice through reform.

According to Lagarde, on the part of countries like China, Brazil, and India, there is frustration with the lack of progress in reforming the IMF by refusing to adopt the quota reform that would give emerging economies a bigger voice, a bigger vote, and a bigger share in the institution. “I share that frustration immensely,” she said.

She also claimed that the credibility and the importance of the IMF are closely related to proper representation among the membership. "We cannot have proper representation of the membership if China has a tiny share of quota and the voice, when it has grown to where it has grown," she said.

The IMF agreed to reform its management structure in 2010 so that emerging economies could play a bigger role, and made China the third largest member. The U.S. is the only member with control weight in the voting; meaning that any major reform must be approved by the United States.

Hello headquarters

Lagarde has no specific schedule for the headquarters' shift. However, this once again reminds China that there are few international organizations headquartered in its country, which is disproportionate to China's status as the world's second largest economy.

This article is edited and translated from 《IMF总部要搬北京？》，source:Beijing Youth Daily, author: Bu Xiaoming. (People's Daily Online)

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US led to Iraq Chaos, fighting to end an unfinished war

Iraq desperate for options against ISIS

 George W. Bush's invasion of Iraq is now reaping its latest fruits, as uncontrollable violence spills over the country's borders.

JUST over a decade after George W. Bush invaded Iraq, his White House successor Barack Obama has to start clearing up the violent mess.

Today’s lethal carnage, the deadliest yet, has come courtesy of the ultra-extremist terror group Islamic State of Iraq and the Levant (ISIL). ISIL’s threat is regional, but its focus is on Iraq for now.

This image posted on a militant website June 14 appears to show militants from the al-Qaida-inspired Islamic State of Iraq and the Levant (ISIL) with captured Iraqi soldiers wearing plain clothes after taking over a base in Tikrit, Iraq. (AP)

Earlier in the week, Iraq’s second-largest city Mosul fell to the militants. ISIL took over government buildings in a brazen swoop, panicking officials and flushing out half a million people in the city who suddenly had to flee for their lives.

Then on Wednesday, ISIL militants conquered Tikrit, Saddam Hussein’s hometown. The irony and symbolism of it cannot be lost on local residents – US-style “regime change” to topple Saddam was supposed to end terrorism but has instead spread it like wildfire.

ISIL fighters had already embedded themselves in the central Iraqi city of Ramadi after taking over Fallujah near Baghdad. They have since announced a march towards the Iraqi capital.

In city after city, government troops fled after abandoning vital military assets including US-supplied heavy weaponry. ISIL militants then move in to seize the territory, buildings, military vehicles and weapons-filled arsenals, robbing banks and freeing jailed militants to grow from strength to strength.

ISIL also controls parts of Aleppo in Syria and the lucrative Conoco oil field in that country. For added funding, it operates extortion networks in Mosul.

There is no question that ISIL grows stronger as it sweeps across Iraq. Analysts say official Iraqi and US calculations have underestimated its actual strength.

However, some Iraqis may also have overestimated its strength. In one recent case, two divisions of Iraqi troops comprising 30,000 soldiers just turned and ran when faced with 800 ISIL fighters.

The result is that ISIL’s presumed strength becomes actual strength upon absorbing abandoned government assets. Never before has a government and its ally (the US) handed so many vital assets to an enemy force in so short a time.

No sooner had talk of Iraq retaining some US forces faded away inconclusively than even US diplomats suddenly felt they had to skip town, for good.

By Thursday, US diplomats were preparing plans to evacuate staff from their vast new embassy in Baghdad. Until recently the embassy stood as a proud testimony to post-Saddam Iraq, but now it may have to be handed over to a ruthless terror group.

UN staff are also preparing to evacuate. Iraq’s minorities who feel particularly vulnerable have already rushed for the borders.

Initially, ISIL was described as an al-Qaeda-inspired group. Then they were “disowned” even by al-Qaeda, after being found to be too undisciplined and too brutal for even al-Qaeda to handle.

Meanwhile ISIL has been busy with various activities, from kidnapping Turkish diplomats and targeting Christians in Mosul, to fighting Shi’ites and Kurds, to attacking Anbar University in Ramadi, briefly taking staff and students hostage.

ISIL is said to be financed generously by the same foreign backers who had sponsored Osama’s al-Qaeda. Then in Mosul it robbed a bank of nearly US$500mil (RM1.6bil) in cash, adding to its liquidity and immediate “cash flow.”

ISIL has had several name changes since its founding 10 years ago. It was led for a time by Abu Musab al-Zarkawi. Then it expanded operations to Syria in April last year when it also became known as ISIL and the Islamic State of Iraq and Syria/al-Sham (ISIS).

Under Abu Bakr al-Baghdadi’s current leadership, ISIL became the most ambitious and ruthless of the region’s militant groups. Its ultra-extremism has unnerved al-Qaeda’s Ayman al-Zawahiri, who fears Abu Bakr’s ambition to take over his group.

ISIL wants to establish an Islamist caliphate spanning several countries in the region. In the process it seeks to compel occupying US forces to withdraw, topple the Iraqi government, murder all its associates and collaborators, and empty Shi’ite-majority Iraq of Shi’ites.

Operationally, ISIL is a Sunni umbrella grouping of several hardline Islamist groups, so internal unity is crucial. Abu Bakr’s leadership is safe so long as he can maintain organisational credibility.

By early Friday, reports emerged of the Iraqi government dispatching police and army special forces to battle the militants. Given recent events, it is doubtful what good if any they can do.

In Iraqi government circles, the thought of phasing out US forces has all but disappeared. There is a new mood to welcome and even embrace what remains of the US military.

But after more than a decade, Washington has contracted war fatigue. Iraq was never Obama’s “war” anyway.

At the same time however, the US cannot be seen to be escaping through the back door, Baghdad embassy staff notwithstanding. Speaking at the White House on Thursday, Obama said he would not rule out any response needed against the militants.

On the ground in Iraq however, resistance alone is inadequate – it means ISIL can stage a return as soon as resistance fades or ends.

In 2009, Obama declared that al-Qaeda had to be “disrupted, dismantled and destroyed.” Is he now prepared to go anywhere as far against a group that is even more deadly than al-Qaeda?

As usual, John McCain has weighed in with unhelpful partisan comments. He reportedly said that Obama’s entire security team should be sacked and replaced by the Bush team.

It is highly unlikely that the Bush team will want to clean up its own mess. It is always easier to start a war than to end one satisfactorily.

That same Bush team had invaded Iraq on the false pretexts of seizing Saddam’s weapons of mass destruction (WMDs), and stopping terrorist operations. But there were no WMDs or terrorist groups; now terrorists roam and govern Iraq practically nationwide.

Saddam Hussein, for all his ruthlessness, made sure that no terrorist or militant groups could emerge. Everything changed after his fall.

There is another lesson with no shortage of eager students, however: that harshness and cruelty pay. That lesson is now being taught in Iraq, with the likes of ISIL lapping it up and preaching it.

Contributed by Bunn Nagara
Bunn Nagara is a Senior Fellow at the Institute of Strategic and International Studies (Isis) Malaysia. The views expressed are entirely the writer's own.


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People's Daily warns: copying Western-style democracy leads to chaos and disaster!

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In a commentary,  the newspaper said falling into the craze for Western-style democracy had led countries to irretrievable secession and endless domestic struggles instead of happiness and stability.

"Copying Western-style democracy would probably lead to disaster and street politics usually leads to domestic turmoil and even civil war," it said.

Citing countries in western Asia and northern Africa, Ukraine and Thailand, which have experienced street protests and even armed conflicts, the newspaper said Western-style democracy might have led to a wrong path - street politics.

"These cases show that copying Western-style democracy with no respect for the actual situation and cultural differences will mostly be unsuccessful," the newspaper said.

The article also pointed out that in most of the cases, the United States and some Western forces had been involved in the street politics in these countries, either "on stage" or behind the scenes.

These cases show that copying Western-style democracy with no respect for the actual situations and cultural differences of a certain country will mostly be unsuccessful. Sometimes, copying Western-style democracy can even turn into a destructive force.

"In many circumstances, the so-called value of democracy has become a big stick for certain countries to practise hegemony and new interventionism," it said, adding that democracy should be realised in different forms in different countries.

The most important criteria to assess whether political development accords with the Chinese people's fundamental interests is development and stability, said the article.

The article in the end called on people to stay on high alert against the trap of Western-style democracy, adhere to the reform and opening up policies, and stick to the path of political development with Chinese characteristics.

"From western Asia to North Africa, many countries have slipped into the confused madness of 'western democracy', which has neither brought happiness nor stability," the paper said.

It also took aim at British democracy.

"In Britain's parliament to this day there are still hereditary nobles. For Chinese people, this is unthinkable," the paper said, adding that China should continue going down its own path.

-- BEIJING, June 9 (BERNAMA)

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