Image (source here) is of a section of the Yarlung Zangbo river, which forms the deepest canyon on the planet.
The idea of doing any sort of general preamble for China is a little absurd given how ubiquitous they are in economics and politics, so I'm just going to hop right in to a recent news item of interest: China is working on the construction of an enormous new hydropower project in Tibet (@Metabola@hexbear.net had brought this up just before the last news mega ended).
This project (consisting of, I believe, five dams) will be overall three times larger than the Three Gorges Dam, will cost $167 billion, and will supply 70 GW (by itself more power than several significant countries generate). There are, of course, meaningful concerns regarding concerning environmental damage, but helping to avert catastrophic climate change seems worth it. The news coming out of the clean energy sector of China has getting only more encouraging over the last few years, even as the fully neoliberalized Europe and America descend into climate skepticism and refuse to adequately fund projects that could avert the worst of climate change.
Geopolitically, given recent India-China tensions (for example, sending Pakistan the equipment to shoot down Indian jets, as well as run-of-the-mill border tensions) one expects India to not receive the news very well, as the river upon which the dam is being constructed proceeds to flow into Arunachal Pradesh. But from what I understand of the Indian hydrological situation (which is, admittedly, not much), I don't think enough of the water in India comes from the river for China to hypothetically cause any kind of water shortages in India - the monsoons seem to supply plenty of freshwater all by themselves. Nonetheless, as with all Chinese news, wild fearmongering abounds.
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Israel-Palestine Conflict
Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on Israel's destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
English-language PalestineResist telegram channel.
More telegram channels here for those interested.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
Is there something you think China could have done differently in the past few years to avoid the status quo, or was the die cast by market liberalization decades ago?
Yes, as I have said many times in the past.
The US hegemony was at its weakest in the months immediately after Putin invaded Ukraine. The backlash of sanctions and the spike in energy prices prompted Biden to raised interest rates (to 5% within a year). Many Global South countries back then were seriously looking to de-dollarize.
In August 2022, Russia cancelled $23 billion of African countries’ debt. China also showed some progress by waiving the interest-free loans for 17 African countries.
However, they did not keep going. For one, China could use $800 billion of its vast dollar reserves ($3.3 trillion) to pay off Africa’s foreign debt, then immediately flood the region with newly created yuan, Marshall Plan-style, to give the African countries the money to purchase Chinese goods.
This will raise the wages of Chinese workers (thereby eliminating the low consumption and deflation problems altogether), but most importantly, this will increase the purchasing power of the Chinese working class (which I remind you, is only half of the South Korean working class and did not even approach the purchasing power of Japanese working class in 1990) that will enable them to purchase the goods from those Global South countries, driving growth in those regions and raising the income of the working class there too (replacing the consumer role that has played by the US for decades).
By transitioning into a domestic consumption economy, China not only solves its own deflation and overcapacity problems, it also reduces its own dependency and the reliance of many Global South countries on the US, therefore the power of the dollar will no longer be as effective or coercive as it has been.
The downside is that China will have to give up its export-oriented industry and those labor and resources will have to be re-allocated to internal development, like provision of healthcare and welfare to their own people, instead of making cheap goods for Westerners to consume just to collect the dollars that they couldn’t use anyway (hence the trade surplus).
This is also very different from Chinese investments in those countries, like the Belt and Road Initiative, because those investments do not necessarily come with the consumption demand for the expanded productive capacity in those countries. As a result, those countries still have to sell their goods to the US or other wealthy Western countries as China does not have the desire to give up its export industries and also, its working people does not have the purchasing power, to buy from them.