China
Xi Jinping: ‘The new cold war could turn hot’

On Monday, Chinese President Xi Jinping spoke at Davos Agenda, a virtual event organized by the World Economic Forum.
President Xi urged world leaders to put aside divisions and warned that a “new cold war” could turn hot, and must be avoided.
Moreover, Xi said that attempts to “isolate, intimidate, decouple and sanction” others will “only push the world into division, even confrontation.”
These were Xi’s first remarks to an international audience since the inauguration of President Joe Biden. The Biden administration has agreed with the Trump administration that China is committing “genocide” against the Uyghur Muslims.
“We should respect and accommodate differences, avoid meddling in other countries’ internal affairs and resolve disagreements through consultation and dialogue,” Xi said. “History and reality have made it clear time and again that the misguided approach of antagonism and confrontation — be it in the form of a cold war, hot war, trade war or tech war — will eventually hurt all countries’ interest and undermine everyone’s well-being.”
Under the Trump administration, tensions were high between China and the U.S.
The Chinese President explained his four-step approach to ensuring the world emerges stronger after the coronavirus pandemic, which originated in Wuhan, China.
According to Axios, the approach includes “macroeconomic policy coordination,” the avoidance of “arrogance, prejudice and hatred” in favor of “peaceful coexistence,” the reduction of global inequality, and the strengthening of global institutions on issues like public health and climate change.
Xi opposes the idea of imposing sanctions or seeking to “create isolation.” He warned that the pandemic should not be allowed to accelerate “decoupling” or the re-routing of supply chains, which is currently being debated in Washington.

China
Electric Vehicle company with Chinese ties awarded $500 million of taxpayer money for 2nd U.S. plant

With a little help from their Democrat friends, a Chinese electric vehicle (EV) battery company with ties to the Chinese Communist Party just announced the opening of its second plant in the United States.
Fox News reports Gotion Inc., whose parent company Gotion High-Tech is based in Hefei, China, unveiled plans to build a $2 billion lithium battery plant in Manteno, Illinois, alongside Democratic Gov. J.B. Pritzker, who cheered the project.
The announcement comes amid growing opposition to the company’s plans to build a billion-dollar factory in Mecosta County, Michigan.
In order to make the expansion happen, lobbyists for the Chinese Communist Party-tied electric vehicle company funneled cash to Democrats. “Individuals at a law firm registered as foreign agents to lobby on behalf of Gotion, a Chinese electric vehicle battery company developing a controversial project in Michigan, and wired campaign contributions to several top Democrats” reports Fox News.
“According to state and federal filings, Monique Field-Foster, an attorney at the Lansing office of the Warner Norcross + Judd law firm who is acting as a foreign agent on behalf of Gotion, donated to the campaigns of Democratic Gov. Gretchen Whitmer, Whitmer’s sister Liz Gereghty and Michigan Democratic Senate hopeful Rep. Elissa Slotkin” the Fox News report continued.
“With the right incentives, nation-leading infrastructure, world-class workforce and booming clean energy production, we have transformed ourselves into an attractive location for global manufacturers. Today, we take another leap forward. It’s my pleasure to welcome Gotion to Illinois and to show the world yet again that Illinois is ready to be a player on the world stage.”
Pritzker delivered remarks late last week thanking Gotion for choosing Illinois to call “home” in a ceremony with leaders from Gotion High-Tech, including Li Zhen, the company’s chairman and president, who said he expected the factory to open in less than 12 months.
“All that we see here [in Illinois] are of enormous value to us: an enabling business environment, a supportive state government for the new energy industry and their highly efficient work, as well as the prospects of the State of Illinois in the coming years,” the Gotion president added. “We believe that Gotion’s battery technology will help to boost e-mobility in North America and the economic and trade exchanges between China and the U.S.”
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