Anonymous ID: 1d6311 Aug. 5, 2021, 1:23 p.m. No.79764   🗄️.is 🔗kun   >>9769 >>9789

Europe pushes back against Beijing with shows of Indo-Pacific muscle

 

UK and France join exercises with US and partners on doorstep of South China Sea.

 

After its recent arrival in the Philippine Sea, the U.K.'s largest aircraft carrier and its strike group are set to join the U.S., Japan, Australia and New Zealand, along with fellow European power France, in exercises close to the South China Sea. "It's rare for a British aircraft carrier to participate" in such events, a source in Japan's Defense Ministry said, highlighting the importance of the drills.

 

The foray by the HMS Queen Elizabeth is part of a trend this year of major European countries sending naval firepower to the Indo-Pacific in a show of support for Washington's efforts to curb Beijing's militarization of the South China Sea. The U.K. and France have joined the U.S. and Japan in contending that Chinese claims and activities in the South China Sea violate the United Nations Convention on the Law of the Sea, and the Philippine Sea exercises tie into this. "As we witness a tilt in power towards the Indo-Pacific region, we are committed to working with our partners here to defend democratic values, tackle shared threats and keep our nations safe," British Defense Secretary Ben Wallace said in a July news release. The British carrier departed in May and participated in drills with the Indian Navy in the Indian Ocean in July, before transiting through the Luzon Strait South of Taiwan around Sunday. After the Philippine Sea exercises, it is slated to dock in Japan in September.

 

France in May sailed a frigate and an assault ship near the South China Sea's disputed Spratly Islands, where Beijing has built up its military presence. A French nuclear-powered attack submarine passed through the South China Sea early this year, and French fighter jets and transport aircraft are set to conduct drills this month over Southeast Asia, in an area running from India to Australia. The German frigate Bayern set off Monday en route to the Indo-Pacific with 230 crew members aboard. The ship is set to cross the South China Sea, according to the foreign ministry. Europe is not exactly a military force to be reckoned with in Asia, however. The U.K. has a total of around 340 military personnel in Oceania and Asia outside the Middle East, concentrated mainly in Brunei, according to the Defense Ministry. This represents just 0.2% of British forces and 6% of its foreign deployments. The deepening engagement by the U.K. and France in a distant part of the world in which they have little direct stake reflects a sense that a country's international clout is tied to its presence in fast-growing Asia. This goes double for policies toward China, the region's largest economic power. Even if London and Paris have only limited forces in Asia, that combined with their status as permanent members of the U.N. Security Council can strengthen their diplomatic position with regard to Beijing and provide a card to play in economic negotiations, the thinking goes.

 

The British and French moves have ruffled China's feathers. "The Queen Elizabeth carrier strike group's navigation to the South China Sea was the U.K.'s effort to show its presence in the region," the Chinese Communist Party-affiliated Global Times said in an editorial last week. "China has been strengthening its military capabilities in the South China Sea," and aircraft carriers deployed by the U.S. and its allies "would be very vulnerable to extreme military conflicts," the paper warned. The People's Liberation Army is scheduled to hold drills in the South China Sea from Friday to Tuesday.

 

Southeast Asian countries' views on the situation are mixed. An Indonesian military insider took a positive view of the warship deployments as "a response that shows China that the South China Sea does not belong to it." But the same source also said that "the U.S. and Europe should refrain from actions that would excessively provoke China." Indonesia is among the many Southeast Asian countries that have been building stronger economic ties with China and are counting on it for coronavirus vaccines. Nick Childs, senior fellow for naval forces and maritime security at the London-headquartered International Institute for Strategic Studies, said the moves by European countries in Asia are "a reflection that the center of gravity economically is shifting to that part of the world." "Also, different countries have slightly different policies and approaches," he added.

https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/Europe-pushes-back-against-Beijing-with-shows-of-Indo-Pacific-muscle

Anonymous ID: 1d6311 Aug. 5, 2021, 1:38 p.m. No.79767   🗄️.is 🔗kun   >>9769 >>9789

>>79749

Boeing Spins Off Venture Capital Arm as It Winnows Spending

 

Boeing Co. is spinning off its HorizonX Ventures arm, along with stakes in about 40 portfolio companies, as the planemaker shrinks its infrastructure for a post-Covid world.

 

The Chicago-based planemaker dissolved an internal investing unit, known as NeXt, last fall as it pared spending and retreated from several ambitious forays launched late last decade before the 737 Max grounding and coronavirus pandemic drained more than $30 billion in cash.

 

The company had formed HorizonX in 2017, back when it was flush, to invest in early-stage companies or those with transformative aerospace technologies. The portfolio holdings include Virgin Galactic, Sir Richard Branson’s space company.

 

Boeing is also transferring the team overseeing its investments to a new venture fund launched by AeroEquity Industrial Partners, a private equity firm that specializes in aerospace and defense deals, the companies said in a statement. The aviation titan will remain an anchor investor for the fund, known as AEI HorizonX, along with a follow-up fund planned for next year.

 

The U.S. manufacturer intends to continue to selectively invest in companies that fit with its strategic imperatives. Boeing recently formed a partnership to bring large-scale sustainable aviation fuel to the U.S. It intends to hang on to two high-profile startups funded by the former VC arm, including Wisk, the urban mobility venture it founded with Larry Page-backed Kitty Hawk Corp., and SkyGrid, a venture with SparkCognition aimed at helping managing the coming wave of unmanned vehicles.

https://www.bnnbloomberg.ca/boeing-spins-off-venture-capital-arm-as-it-winnows-spending-1.1637140

Anonymous ID: 1d6311 Aug. 5, 2021, 1:43 p.m. No.79769   🗄️.is 🔗kun

#487

>>79719 a reminder: Trump fires back at AFL-CIO chief Trumka: 'No wonder unions are losing so much'-thehill from 090219 see pb notables >>79680, >>79679 pb

>>79721 Hydrogen-powered aviation will be tested on turboprops at new Moses Lake venture -seattletimes Aug 3

>>79723 Seattle Times, Danny WestNUT attempts to incite vaccinated citizens against citizens who decline vaccination-July 31

>>79726, >>79732, >>79762 moar on Trans-HuMANism + Q drop #3426

>>79727, >>79728, >>79729, >>79730, >>79731, >>79733, >>79734 X22 Patel Patriot: Devolution was strategically planned by 45 & the military to take back the country + sum background on devolution

>>79738, >>79740 3yr delta? "President Trump Will Send You a Text Today, Whether You Want It or Not" + PEADs background yt vid

>>79739 Dr. David Martin:" First of all, it is NOT a Vaccine it is a Treatment"-healthimpactnews Jan 13th '21

>>79741, >>79747 pf report(s)

>>79742 Australian Sen. Malcolm Roberts delivers epic speech on Freedom-bitchute

>>79743 Retail Stock Buying In July Blew Away All Records, 50% Higher Than Previous All Time High-zh

>>79744 Apple plans to continuously scan the iPhones of U.S. users for child abuse imagery. The system dubbed "neuralMatch" would alert human reviewers if it believes "illegal imagery" is detected (FT)-disclosetv

>>79745 12 of 13 Most Vaccinated Countries in the World Now Listed by CDC as Travel Risk-gatewaypundit

>>79746 KANSAS Twat + Q drop #1316 "Joy and hope must transcend our nation’s present deterioration and discord, and we can do it. Our party can lead the way."

>>79749 FAA issues new directive for Boeing 737 Max over potential fire suppression issue-cnbc

>>79751, >>79752, >>79753 Anon asks a question supporting 8kun/JW and gets an answer

>>79754, >>79642 pb moar diggz on OIG report from 2016 Election-the conclusion

>>79763 New Law Enforcement Oversight Director Appointed for King County (Wash. State)-July 27

>>79764 Europe pushes back against Beijing with shows of Indo-Pacific muscle-nikkei

>>79765, >>79768 Leftist who supports Palestinian terrorists tapped to head Seattle police oversight board-lawenforcementtoday Aug 2 see above King County appt. + some naughty behaviour

>>79767 moar Boeing news-Boeing Spins Off Venture Capital Arm as It Winnows Spending-bnnB'Berg

 

eye break

>>79748

updated