The Biden administration faced its first China test this week and flunked it.
View in browser
Breitbart Business Digest
March 19, 2021

Today's Top Stories From the Breitbart News Desk

The Biden administration faced its first China test this week and flunked it. Secretary of State Antony Blinken began the meeting by lecturing China that its action in Xinjiang and Hong Kong were “threatening the rules-based order that maintains global stability.” China responded by immediately breaking the rules of the very meeting—in which opening remarks were supposed to be limited to two minutes—to launch into a lengthy harangue about America's "human rights violations" and racism. Chinese diplomat Yang Jiechi engaged in an 18-minute tirade against the U.S. moral standing in the world.

"China has made steady progress in human rights, and the fact is that there are many problems within the United States regarding human rights, which is admitted by the U.S. itself as well," Yang said.

All this would be humiliating enough, but team Biden made it even worse by not standing up for the United States against China's outrageous accusations. In fact, Blinken's people agreed to the premise that America is a deeply flawed country that needs to be made "more perfect" through progressive policy. As it turns out, when your administration preaches critical race theory and spends its energy deploring white privilege, it's hard to turn around and defend yourself against foreign tyrants who accuse your country of being racist.

It was always going to be a struggle to build the multilateral coalition to put pressure on China that Biden promised on the campaign trail. But what happened in Alaska has probably assured that the plan will fail. Who is going to look to U.S. leadership after watching our diplomats get bullied by China on our home turf?

Nike quarterly sales missed estimates, with the company blaming shipping issues and pandemic-related slumping sales at brick-and-mortar stores. The company also disappointed investors with its full-year revenue forecast. This shouldn't have been too surprising. With many schools still shuttered, school sport-related purchases have fallen off steeply. Gyms have been closed in much of the country. Things like pick-up basketball games have been declared off-limits in cities. And with people staying home more, there is just less demand for shoes in general. Few of us have worn out the treads on the sneakers we bought prepandemic.

The good news is that Americans are starting to travel again, even though the Centers for Disease Control still say we should avoid doing so. Data from the TSA indicates that airline travel hit the highest level in over a year, although still well below prepandemic levels. Hotel occupancy hit its best level since the pandemic in March as well.

Alex Marlow & John Carney
Breitbart News Network



Hayward: China Savages Biden Team for U.S. ‘Human Rights Violations’ in Alaska Ambush
The Biden administration’s first encounter with Chinese diplomats in Alaska on Thursday was an utter debacle, as the Chinese disregarded protocols to lecture the stunned Biden team on American “human rights violations” and reject all American criticism of the tyranny in Beijing as meaningless bluster. Diplomatic etiquette was quickly abandoned as top Chinese diplomat Yang Jiechi launched an 18-minute tirade against the U.S., touting Beijing’s foreign policy as superior because “we don’t believe in invading through the use of force, or to topple other regimes through various means, or to massacre the people of other countries.” Yang insisted the U.S. is the “champion” of launching cyberattacks on other countries, said U.S. positions do not “represent international public opinion,” and said “many people within the United States actually have little confidence in the democracy of the United States” – unlike China, where unelected leaders allegedly “have the wide support of the Chinese people.” [Click here for more]


Americans Ignore CDC Guidelines to Check into Hotels and Fly on Airplanes
Americans are not waiting for permission to travel. The Centers for Disease Control and Prevention still advise against travel but data from March shows Americans are springing ahead with travel plans. Hotel bookings rose to their highest level in over a year, data released Thursday show. Hotel Occupancy reached 52.1 percent in the second week of March, according to industry data from STR. [Click here for more]
U.S. Box Office Cratered 80 Percent in 2020
Thanks to the nationwide coronavirus closures and lockdowns in major movie markets from New York City to Los Angeles, the U.S. movie box office take crashed 80 percent last year, according to a new report by the Motion Picture Association. The research found that the box office earnings fell to $2.2 billion in 2020, down 80 percent from 2019’s $11.4 billion. [Click here for more]
Laos Gives Chinese Firm 25-Year Concession to Manage Power Grid
China will control Laos’s electricity grid for the next quarter-century according to a concession agreement the Laotian government signed with a majority Chinese-owned power company revealed this week. The company, Électricité du Laos Transmission Company Ltd. (EDLT), formed on September 1 after Électricité du Laos and China Southern Power Grid Company signed a shareholding agreement giving China Southern a... [Click here for more]
This email has been sent to:
Manage your subscription:
Manage Preferences
©2021 Breitbart News 149 S. Barrington Ave. #401 Los Angeles CA 90049 USA