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29 September 2024

China's Global Influence Sparks Tension And Response

Students abroad face threats as U.S. escalates anti-China initiatives amid economic challenges.

Across educational institutions in Canada, students of Chinese descent are facing unprecedented challenges as Beijing intensifies its efforts to quash dissent among its diaspora. Reports have emerged from various Chinese students who claim they are being closely monitored and threatened by agents of the Chinese government, underlining the pressures exerted on those who question the state.

For many, the sense of fear is palpable. Students like Yang, who have spoken to American lawmakers, describe their online experiences filled with threats and insults. “The national border cannot stop the Communist Party from spreading fear overseas,” Yang explained, shedding light on how closely students are tethered to their families back home, subjected to online harassment as part of Beijing's systematic campaign.

This atmosphere of intimidation is purportedly part of broader governmental strategies aimed at inhibiting political engagement among Chinese students abroad. According to Yang, these efforts are deeply intertwined with the Chinese government's motive to maintain control over its citizens, regardless of their geographical location.

Meanwhile, as these alarming stories surface, China is also grappling with serious economic issues, prompting authorities to roll out sweeping stimulus measures. After years of selective interventions, Beijing has taken a bold step, introducing large-scale economic support to stabilize its faltering economy.

From significant capital injections to state-owned banks to direct consumer cash handouts, these measures aim to instill confidence before the Golden Week national holiday. The People’s Bank of China has made substantial adjustments, reducing mortgage rates and down payment requirements for homebuyers to revitalize the housing market, which has struggled under the weight of declining prices and unsold inventory.

The shifts have not only generated buzz within domestic markets but have also triggered immediate reactions on the stock front. The Shanghai Composite Index surged with its most substantial weekly gains since 2008, indicating hints of optimism among investors. Yet, many financial analysts caution against premature enthusiasm, emphasizing the necessity of addressing underlying structural issues.

Issues such as rising youth unemployment — which hit 18.8% — and falling industrial profits paint a grim picture of the broader economic scenario. On top of this, various international trade tensions loom, sparking fears of increased tariffs, which could threaten fragile recovery efforts.

Delving more deeply, the economic situation poses dire consequences for China, especially as it strives to achieve its growth target of approximately 5% this year. Financial institutions, including Goldman Sachs and Citigroup, have hinted at downscaled forecasts, predicting growth closer to 4.7%, citing persistent weaknesses within the consumer and property sectors.

These economic hurdles exhibit the complexity of China’s position, particularly as the U.S. seeks to counter what it sees as Beijing’s malign influence through proposed legislation. Recently, the House of Representatives proposed the “Countering the PRC Malign Influence Fund Authorization Act of 2023,” which significantly earmarks $1.6 billion to bolster efforts against China's global narrative.

This proposed legislation aims to fend off actions from the Chinese Communist Party, which officials argue could disrupt international order and national security. The U.S. commits to fostering transparency and accountability through the funding, aiming to support media and civil society organizations worldwide.

The political dynamics are heating up on the international stage, particularly concerning security interactions with allies like Japan and Australia. The Japanese Maritime Self-Defense Force recently participated in exercises through the controversial Taiwan Strait, coinciding with U.S. and Australian naval maneuvers. These operations symbolize strong alliances formed against perceived threats posed by China’s assertive military posture.

Against the backdrop of these military drills, Beijing has escalated its own patrols around contested areas like the South China Sea, broadcasting its claims on territories encapsulated by international disputes. The recent aerial and naval exercises signal China’s readiness to fortify its positions against foreign military presences, framing its actions as legitimate defenses of sovereignty.

Events surrounding the Second Thomas Shoal and other contentious sites have seen heightened tensions between China and the Philippines. The situation compels both sides to engage continuously, reflecting long-standing conflicts over territorial claims and significant national interests.

The myriad developments highlight the growing complexity of international relations as countries grapple with the direct consequences of China's influence amid rising friction with the West. With Beijing's strategic objectives clashing against U.S. interests, stakeholders from various global spheres are left to navigate uncertain waters of diplomacy, defense, and global economic viability.

While students abroad grapple with unyielding pressures from Beijing, simultaneously, the larger economic and geopolitical landscapes are shifting — all underscoring the urgency of addressing China's extensive influence on multiple fronts.

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