Live Trading News
Shayne Heffernan

China Rejects Military-Bloc Biden Politics

By Shayne Heffernan3 min read

Chinese Vice Foreign Minister Le Yucheng has said globalization should not be “weaponized” and military-bloc politics must be “rejected.” The comments come one day after US President Joe Biden warned his Chinese counterpart Xi Jinping of “consequences” if Beijing supports Russia's military action in Ukraine.

Speaking at the Fourth International Forum on Security and Strategy in Beijing on Saturday, the Chinese official agreed with Moscow’s assessment that NATO’s unchecked expansion in Eastern Europe and the failure to address Russia’s national security concerns had paved the way for the current crisis. He said a simple “commitment of no eastward expansion could have easily ended the crisis and stopped the suffering.”

“Instead, one chose to fan the flames at a safe distance, watching its own arms dealers, bankers and oil tycoons make a fortune out of the war, while leaving the people of a small country with the wounds of war that would take years to heal,” he said.

NATO’s pursuit of “absolute security” leads to “absolute non-security,” Le added.

Moscow has vehemently opposed NATO’s presence close to its borders, and embarked on a mission to obtain written guarantees that would halt the US-led military bloc’s expansion and bar Ukraine from joining its ranks. However, the West ignored Russia’s concerns.

President Vladimir Putin announced a “special military operation” on February 24, with a stated goal to “demilitarize and denazify” the government in Kiev, ensuring that it no longer poses a threat to either Russia or the newly recognized Donbass republics, which have suffered seven years of grueling siege. 

The US and its NATO allies have accused Russia of starting an “unprovoked” war to gobble up Ukraine. Moscow has seen thousands of harsh new curbs and sanctions slapped on it, with the US, EU and many other countries seeking to “isolate” and “destroy” the Russian economy.

“History has proven time and again that sanctions cannot solve problems,” Le said. “The sanctions against Russia are getting more and more outrageous… Sanctions will only harm ordinary people, impact the economic and financial system... and worsen the global economy.”

Beijing has come under increased pressure from the West to distance itself from Moscow and sever its trade ties, after China abstained from a United Nations General Assembly resolution condemning Russia's military action in Ukraine, choosing to remain neutral alongside India, Pakistan, South Africa, and 30 other countries.

In a video conference call with President Biden on Friday, China’s leader Xi Jinping stressed that Beijing has always stood “for peace and opposes war,” urging all parties involved in the ongoing conflict between Moscow and Kiev to stick to diplomacy. Biden in response reportedly warned Xi that Beijing would face “consequences” should it provide material support or help Moscow to evade Western sanctions.

Keep reading
AI slop

AI is the Neat Handwriting of the Illiterate

A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.

Shayne Heffernan19 min
worthship

Worthship: Do Not Conform to the Age

Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?

Shayne Heffernan17 min
truth

The Truth in All Its Ugliness Must Survive

A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.

Shayne Heffernan8 min
Shayne Heffernan

Don't Be the Best, Be the Only: Winning in an AI World

AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.

Shayne Heffernan18 min
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.