CHINA

Oct 28 06:13

Globalization Creates Unemployment: American Job Loss Is Permanent

The correct conclusion is that the US trade deficit with China is the result of “globalism” or jobs offshoring, not Chinese currency manipulation.

An important point always overlooked is that the US is dependent on China for many manufactured products including high technology products that are no longer
produced in the US. Revaluation of the Chinese currency would raise the dollar price of these products in the US. The greater the revaluation, the greater the price rise. The impact on already declining US living standards would be dramatic.

When US policymakers argue that the solution to America’s problems is a stronger Chinese currency, they are yet again putting the burden of adjustment on the out-of-work, indebted, and foreclosed American population.

Oct 27 08:49

China Bullet Train Becomes World's Fastest

China rolled out its fastest train yet on Tuesday and announced that the Three Gorges Dam, the world's biggest hydroelectric project, is now generating electricity at maximum capacity -- engineering triumphs that signal the nation's growing ambitions as its economy booms.

Webmaster's Commentary: 

Note that the US, whose state and Federal officials have talked about this technology for years, have yet to establish a bullet train system in this country.

In fact, in the US, infrastructure is crumbling, and there are utterly no funds for necessary repairs and retrofits of roads, bridges, and dams.

Oct 26 22:33

Chinese Professor

Webmaster's Commentary: 

"Actually, our solution is to borrow everything the other nations will let us, then nuke everybody we owe money to. Pretty cool, huh?" -- Official White Horse Souse

Oct 26 16:20

America vs. China - A Battle For Rare Earth Resources - We Borrow To Bailout Failure While They Buy The Globe

We borrow money from our grandchildren to bailout banks, insurers, hedge funds, private-equity shops, car companies, states, unions, houseowners, new car buyers, new house buyers. Meanwhile China is using its surplus to buy every natural resource that's for sale, anywhere on the globe.

And not one word from Obama or anyone in Washington. We are so supremely f**ed in the long run, exhibiting the mass insanity of all empires in decline. Fighting wars, spending massively, encouraging consumer debt, monetizing the national debt and destroying the greatest currency history has ever known - the once mighty U.S. Dollar.

Oct 21 15:51

China stops rare earth minerals to US

Oct 20 16:20

Analysis: How China’s Got Us Over a Barrel on Rare Earths,

Since late September, the Japanese have accused China of cutting off exports of rare earths. Prices worldwide are reportedly soaring...And now it seems China will halt some of those mineral exports to the United States as well.

Here’s why you should care: By the 21st century, rare earths had become essential to global commerce. Take a look around you. There are probably plenty of things that depend on them.

Oct 19 11:49

Surprise Move by China on Interest Rates Rattles Markets

China’s central bank unexpectedly announced Tuesday that it would raise interest rates for the first time in nearly three years, apparently in the hopes of dampening inflation and cooling off this country’s hot property market.

Webmaster's Commentary: 

If that one move spooked the DOW down 200 points, then our stock market is fragile indeed!

Oct 19 02:46

BRILLIANT SONG -- Buy, Buy Chimerican Pie

YOU WILL NOT BE DISAPPOINTED.

Runs 2 minutes.

http://dailybail.com/home/buy-buy-chimerican-pie.html

One of the best I've heard anywhere.

---

Oct 18 08:48

The Number One U.S. Export To China: Waste Paper And Scrap Metal

Historians tell us that by the very end of the Roman Empire, goods were pouring into Rome from all over the known world, but about the only thing being sent out of Rome was human waste and garbage. America has not yet reached that point, but we are certainly well on our way. In 2010, the number one U.S. export to China is "scrap and trash". Yes, you read the correctly. The number one thing that China buys from us is our garbage. According to author Clyde Prestowitz, China's number one export to the U.S. is computer equipment (nearly $50 billion) while our number one export to them is waste paper and scrap metal (approximately $8 billion). When it comes to world trade, China is literally wiping the floor with the United States. In August, the U.S.

Oct 17 07:10

China rejects clean energy probe, calls US unfair

Joe McDonald
Associated Press

BEIJING — A senior Chinese official rejected a U.S. trade complaint about Beijing's clean energy policy and said Sunday that Washington might be improperly supporting its own industry.

Oct 17 01:05

Gold Will Eventually Replace Floating Fiat Currency Trade Regime

But anyone with curiosity and a brain could see that the fun times were due not to inflation being banished but rather, roosting temporarily at the Bank of Japan! Who, along with China, kept inflation at bay in order to undermine US industries. Now that the colonization of the US is nearly done, both are toying with releasing all these captive inflationary dollars. If they want something, all they have to do it talk about launching ‘Sovereign Wealth Funds’ and have this money return to the US in the form of buying out the last of our infrastructure and commodity resources! OOPS.

Oct 16 17:28

Poets and political activists: the case of Liu Xiaobo

Paul J. Balles considers the Norwegian Nobel Committee's decision to award Chinese dissident and poet Liu Xiaobo the Nobel Peace Prize by looking at the qualities that are common to poets and political activists.

Oct 16 14:06

Press TV talks to Paul Sheldon Foote on US Economy

This Professor is brilliant!
Watch out for the 3rd of November...

Oct 16 06:21

Administration Launches China Trade Investigation

Martin Crutsinger
Associated Press

WASHINGTON — The Obama administration announced Friday it will delay a scheduled report on whether China is manipulating its currency to gain trade advantages until after upcoming meetings with world leaders next month.

Oct 15 16:33

U.S. is Currency War's "Tomb Maker": China Economist

http://www.informationclearinghouse.info/article26600.htm

(Reuters) - The United States fired the first shot in the currency war and the rest of the world must be on guard for its deliberate strategy to devalue the dollar, a Chinese economist said in an official newspaper on Thursday.

In a front-page commentary in the overseas edition of the People's Daily, Li Xiangyang described the United States as the conflict's "first maker of tomb figures," a Chinese idiom that means someone who creates a bad precedent.

Li, head of the Asia department at the Chinese Academy of Social Sciences, a top government think tank, said continued intervention in currency markets by developed economies would deal a blow to global economic recovery.

Oct 15 15:58

Obama faces tough choice on whether to confront China on exchange rate

The President is under pressure to punish China for trade policies that US legislators say have cost millions of US jobs.

(*Wait a second , Obie . It isn't The Chinese who are stealing jobs and creating a trade deficit . IT'S THE SPACE ALIENS ! )

Oct 15 15:47

Team Obama punts on China currency until mid-November

For the second time this year, the Obama administration delayed Friday the release of a report on whether China manipulates its currency, but deflected some of the political heat from angry Democrats by launching an unrelated trade probe.

At issue is whether China deliberately undervalues its currency to make its exports cheaper abroad and imports from other countries more expensive at home. The International Monetary Fund recently said that China's currency, the yuan, is significantly undervalued.

(*Something tells me that 'this one' is going to get 'pushed back' , again , and again . )

Oct 13 09:40

Pipelineistan’s New Silk Road

Future historians may well agree that the 21st century Silk Road first opened for business on Dec. 14, 2009. That was the day a crucial stretch of pipeline officially went into operation linking the fabulously energy-rich state of Turkmenistan (via Kazakhstan and Uzbekistan) to Xinjiang province in China’s far west.

Meanwhile, in the New Great Game in Eurasia, China had the good sense not to send a soldier anywhere or get bogged down in an infinite quagmire in Afghanistan. Instead, the Chinese simply made a direct commercial deal with Turkmenistan and, profiting from that country’s disagreements with Moscow, built itself a pipeline which will provide much of the natural gas it needs.

Webmaster's Commentary: 

As I have pointed out many times, China's leadership has been thinking long-term about the elements it will need to insure economic growth, and has been making deals to get its energy needs met.

The US has been waging war to accomplish the same outcome, with horrifically negative results, including placing the Federal Government precipitously close to bankruptcy.

Oct 13 08:20

China's Pipelineistan "War"

The Chinese get what they want through contract and negotiation not war.

Oct 12 11:04

Chinese warplanes refueled in Iran en route to Turkey


Iran indirectly supported a secret military drill between the Turkish and Chinese air forces that took place in September, sparking concerns in the United States, daily Hürriyet reported Monday

Oct 11 11:00

China UFO - Shenlong Space Plane Advances China’s Military Space Potential

While both unmanned and manned space planes could serve a range of scientific and commercial missions, it is also clear that the PLA envisions such vehicles to perform military missions. Chinese military literature has long suggested the PLA seeks to dominate outer space and its successful January 11, 2007 interception and destruction of a satellite demonstrated the PLA now has an initial space combat capability not currently possessed by the United States.

Webmaster's Commentary: 

BUMP BACK TO THE TOP

Now, this gets interesting. The real videos of the China UFO (not the obvious fakes with disks and lights) clearly show an ultra-high atmospheric vehicle in operation, with at least a portion of the flight above the atmosphere. Whether what was seen in the Chinese sky was the Shenlong, Hermez, or the "601" H-2, the message is clear. Whether weaponized or not, China's space program has jumped way beyond that of the United States.

So why the UFO cover story?

Simple. America's self-image is in large part linked to the Apollo Moon program and America's achievements in space during the 1960s, 1970s, and 1980s. But the shuttle fleet is about to be retired after suffering a 40% loss rate, and the replacement shuttle, along with the return to the Moon, have been cut from NASA's budget by the Obama administration. Indeed NASA is but a thin shadow of its former self, like NOAA mostly used for propaganda value to support the push for a global carbon tax. After the last shuttle flies, Americans will no longer be able to fly into space; our crews will have to hitch rides on other nations' rockets.

So now as the USA loses its space-faring capability comes a dramatic demonstration that China has advanced into some amazing new technologies. The USA failed to keep up because once again short-sighted government policy squandered the technology lead created by the Apollo program in the 1960s.

This is a major embarrassment for the US government, especially just before an election, especially for the President and the Congress that gutted NASA to shower money all over Wall Street and buy F-35s for Israel.

Now, in studying the video I think that what was over the skies of China was not specifically the Shenlong. The Shenlong is a non-staged vehicle and in the below video what appears to be a staging event is seen at 30 seconds.

From the flight performance, and staging, I think we are dealing with a larger vehicle, like the Aurora a high altitude transport that deploys a much smaller exo-atmospheric vehicle. And this Chinese image showing potential designs for manned space shuttles includes such a design, possibly the Horizontal take-off and completely reusable H-2. This talk of UFOs is intended to conceal from the voters and taxpayers that other nations have taken the lead in space away from the United States.

Sooner or later China will fly this machine over the United States with impunity in a replay of the days when the US sent the U-2 and later the SR-71 over the USSR knowing that (with the sole exception of the sabotage which brought down Francis Gary Powers) the Soviets could do nothing about the flights. Pre-conditioning the Americans to shout UFO when the glowing contrails appear in the night sky allows the US Government to pretend that at least here on Earth, American technology still reigns supreme.

Even if we avoid war with China, what remains of America's manufacturing is based on sales of weapons promoted as the most technologically advanced in the world. But that claim, and those sales, must crumble in the face of a clear demonstration that China is the new technological giant of the 21st Century!

Oct 11 05:24

Tom Donilon: The Last Best Hope to Help Obama Make Vital Strategic Leaps

By Steve Clemons –

Recently I met with David Rothkopf, Foreign Policy blogger and one of Washington’s premier chroniclers of American national security personalities and architecture, for lunch and discussed with him who President Obama’s next National Security Advisor should be.

While the Obama administration has had some serious strategic trip-ups, particularly in Israel-Palestine deal making, the fact is that Donilon’s furious, competent pace has kept the country and the White House afloat and kept the system from taking on too much water and getting bogged down.

Oct 09 10:03

China Outraged by Dissident’s Nobel Peace Prize Win

China’s Ambassador met with Norwegian officials today to express his government’s outrage at the Nobel Peace Prize commission’s decision to award this year’s prize to Liu Xiaobo, a Chinese dissident who is currently in prison. Norway responded that its government doesn’t get to decide who wins the prize.

Webmaster's Commentary: 

Memo to China's Ambassador to Norway: this award has already been completely debased and discredited by its having been awarded to such consummate warmongers like Kissinger and Obama.

That having been said, with the rapidly growing rise of a Chinese middle class, the Chinese government can well expect that there will be many more people who have differing views of how problems need to be resolved, and will be vocal in those opinions.

It is in how the Chinese government deals with the issue of dissent which will shape the future of the country, and the future of its position as an emerging world power.

Oct 05 06:17

Iran opens airspace to China warplanes

The Islamic Republic of Iran has reportedly opened its airspace to Chinese warplanes taking part in joint military maneuvers with Turkey.

Oct 04 14:24

Stuxnet Super Virus Also Attacked China

The latest super virus, Stuxnet, which attacked Iran’s Nuclear Facility, is reported to have attacked China too. Some of the industrial computing systems and their hardwares run by the Siemens software were affected by the Stuxnet worm. Now there is a fear shown by the US, that if the virus could hit China, then the United States is not missing on its list.

Oct 04 08:59

Iran opens airspace to China warplanes

The Islamic Republic of Iran has reportedly opened its airspace to Chinese warplanes taking part in joint military maneuvers with Turkey.

Oct 03 14:20

China pledges: We'll prop up the eurozone and keep Greece afloat

China last night offered to bail out debt-ridden Greece – and pledged to support the eurozone countries during the global crisis.

Premier Wen Jiabao made the offer at the start of a two-day visit to the crisis-hit country.

‘China is holding Greek bonds and will keep buying bonds that Greece issues,’ said Wen.

'China will end up owning the infrastructure of Europe'... pr

Oct 02 15:01

It was very sad that Quran was burnt: Craig Blomberg

One of the most distinctive and important teachings of Jesus was love for one’s enemies. Muslims as a whole are not Christians’ enemies, but even if a few Christians think so, that gives them no reason to violate their Lord’s teaching on loving the people they think are their enemies.

Oct 02 07:07

U.S. Losing Control of Bombs To China Monopoly

Geez! We are even losing are capacity to kill people! Aw shucks!

Sep 30 16:43

In a Computer Worm, a Possible Biblical Clue

Deep inside the computer worm that some specialists suspect is aimed at slowing Iran’s race for a nuclear weapon lies what could be a fleeting reference to the Book of Esther, the Old Testament tale in which the Jews pre-empt a Persian plot to destroy them.

Sep 30 16:06

House passes bill aimed at Chinese currency

The House of Representatives approved legislation Wednesday designed to combat the manipulation of currency by China that results in unfavorable trade conditions for the United States.

The legislation, which authorizes the Commerce Department to impose duties on imports from countries with undervalued currencies, passed by a vote of 348 to 79. (Wallmart will be pissed, shrug)

The bill got support from both sides of the aisle, a rarity in recent sessions, with Democrats framing the legislation as a jobs issue. (too little, too late)

"We can talk, or we can act. International trade is a high stakes, cut-throat business, and every time we simply talk, the other side acts, and every time they act, an American loses a job," said Rep. Xavier Becerra, D-California. (Blame the Trilateral Commission drafting of NAFTA and GATT for your loss of jobs to free trade agreements, along with the congress that enacted them)

China said this year it would allow its currency, the renminbi, to trade in a wider range against the dollar. But the currency, also known as the yuan, has scarcely appreciated since then, inflaming critics who charge the undervalued renminbi helps steal U.S. manufacturing jobs.

Estimations on the undervaluation of the renminbi vary depending on the economic model used, but one estimate by the Peterson Institute of International Economics puts the number at about 24% against the dollar.
(Congress wants to export its depression to another country. - kdtroxel)

Sep 30 10:24

Millions of Computers Hit by Virus Across China

Jakarta Globe

Bejing. A computer virus dubbed the world’s “first cyber superweapon” and which may have been designed to attack Iran’s nuclear facilities has found a new target — China.

The Stuxnet computer worm has wreaked havoc in China, infecting millions of computers around the country, state media reported this week.

Sep 29 08:51

Early snowfalls arrive in Xinjiang

The start of winter might be several months away, but northwest China's Xinjiang Uygur Autonomous Region has already experienced its first early snowfall of the year, with up to 10 centimeters falling across the region.

Sep 29 00:27

Will All Countries Be Forced Into One Child Families?

China suffered worldwide condemnation 20 plus years ago when it instituted one child families. Since that time, it slowed its 12 million annual net gain race-horse population growth down to eight million annually. Even so, it expects to grow from 1.3 to 1.55.

More ominously, India at 1.16 billion, adds 12 million net gain annually on their way to overtake China in the population bracket at 1.55 billion by 2050. One wonders how the top leaders around the world, both religious and governmental, can remain silent?

Sep 28 05:06

Ahead of the Bell: China imposes tariff on chicken

Associated Press

Shares of the nation's chicken producers could tumble on Monday after China said it will slap a hefty tariff on U.S. chicken imports to combat what it says are unfairly low prices.

The Chinese government said Sunday that its investigation found that U.S. chicken products are being sold at low prices which undermine the local market. New import duties ranging from 50.3 percent to as much as 105.4 percent will take effect Monday and last for five years.

Sep 24 12:31

US Congress moves to punish China on currency

AFP

The US Congress moved Friday to open the way for retaliation against China over its currency, warning that it has lost patience with quiet efforts to press Beijing to let its yuan appreciate.

One day after President Barack Obama pressed Chinese Premier Wen Jiabao on currency in a meeting in New York, Obama's allies in Congress approved a measure that accuses Beijing of killing US manufacturing jobs with its yuan.

Sep 24 11:24

Make Bono history

There was a humdinger of a story about Bono in the New York Post earlier this week that the Mail has picked up on this morning. According to the Post, Bono’s anti-poverty ONE foundation received $14,993,873 in donations from philanthropists in 2008, of which just $184,732 was distributed to three charities. (ONE is an “advocacy organisation” whose main purpose is to change policies, not support charities, it says.) So what happened to the rest? More than $8 million was spent on executive and employee salaries.

Sep 23 05:17

Manufacturing’s decline threatens national security, House panel hears

US can't produce enough ammo to supply police, troops: expert

The hollowing-out of the US's industrial base means the country is risking its national security by being dependent on foreign contractors, experts told a congressional panel Wednesday.

The House National Security Oversight Subcommittee heard from a number of economists and labor leaders who argued that the long, slow erosion of American manufacturing has led to the US losing its edge in numerous industries that are vital to national security.

Sep 21 09:10

China tells U.S. to keep out of South China Sea dispute

Webmaster's Commentary: 

Unfortunately, this will only happen when pigs fly.

But one has to wonder just what the US believes it will accomplish by antagonizing China right now; it would seem the last thing on earth a sane U government would want to do.

Sep 20 15:13

Chinese ready to drop U.S. holdings and pour money into nation

China's young bankers and budding economists are part of a wired, frustrated generation looking for their inheritance.

They've enjoyed the savings of their parents to get this far. Now they are looking to collect their due from another source – the money China has loaned to the United States...

Sep 20 07:27

China halts senior government contact with Japan as boat row escalates

Beijing has upped the pressure on Japan to release the captain by suspending ministerial and provincial level contacts, halting talks on aviation issues and delaying meetings to discuss coal.

China's tough stance reflects a new low in relations between the two major Asian nations which are facing strained ties over economic supremacy, military growth and undersea energy resources as well as territorial disputes.

The diplomatic row was triggered by the September 7 collision of a Chinese vessel with two Japanese coastguard ships near a clutch of small islands claimed by both nations in the East China Sea.

Sep 19 08:47

Chinese “Body Fishers”: The Business of Selling Corpses Pulled from the Yellow River

A Lanzhou business journal wrote in 2006 about a local firm that got a call from a body fisher who’d found a corpse floating in the river with employee identification. When a company representative, identified only by the surname Wang, went to collect the body, he was told that it would cost 200 yuan (about $30) to view the face and 6,000 yuan ($895) to take the dead man away. Wang and the body fisher argued, finally settling on 4,000 yuan ($597). The news article expressed outrage at the situation and quoted police as saying there’d be a crackdown, something that almost four years later has yet to happen.

Sep 18 21:12

JAMES PETRAS: IMPERIALISM AND IMPERIAL BARBARISM

Excerpts from Petras thesis:

Imperialism, its character, means and ends has changed over time and place.

Under pressure from nationalist and socialist anti-imperialist movements and regimes, colonial structured empires gave way to new nationalist regimes. Some of which restructured their economies, diversifying their productive systems and trading partners.

Sep 16 13:48

China Will Allow Credit Default Swaps, As Long As They Are Not Naked

I have repeatedly argued that naked credit default swaps should be banned.

"Naked credit default swaps" is the term coined to describe the situation where the buyer is not the referenced entity.

The American government hasn't banned naked CDS. Instead, the government let the largest CDS traders write impotent laws which won't fundamentally change the ongoing danger from derivatives.

But the Chinese are being smarter.
As Bloomberg notes:

Sep 15 15:29

Chinese Economist Cheng Siwei - USA has been Financially Irresponsible

China has overtaken Japan as the world's second biggest economy and remains on course to surpass the US within a generation.

HARDtalk speaks to the distinguished Chinese economist and former vice chairman of the Standing Committee of the National People's Congress Cheng Siwei.

Sep 13 06:16

Obama, as seen in China

Sep 11 10:53

Pentagon: USS George Washington Nuclear Aircraft Carrier to join military drills off Korean Peninsula

U.S. Defense Department spokesman Geoff Morrell said on Thursday aircraft carrier USS George Washington will be sent to waters off the Korean Peninsula to participate in war games with South Korea.

"The USS George Washington will indeed exercise in the Yellow Sea," Geoff Morrell said.

China has voiced objection to any military drills off its coast. The drills were postponed from its original schedule on Sept. 5-9.

However, Morrell didn't give a specific timetable, stressing that it's not an affront to China, but rather a warning to Pyongyang.

Webmaster's Commentary: 

This is not a warning to North Korea; it is a warning to China, which considers the Yellow Sea its back yard.

It appears that the US is looking to ratchet up tensions in the region, rather than reduce them.

Sep 11 10:20

US-China Trade Tensions Seen Boiling Over If Congress Acts

Frustrated members of Congress may vote in the coming weeks on legislation penalizing Chinese imports for Beijing's artificially low currency. Anger over the artificially low yuan is a long-simmering issue on Capitol Hill, but is becoming more pronounced. Stoked by a heated U.S. election cycle and ailing economy, some insiders predict the China penalty bills will pass at least the House and possibly the Senate.

Webmaster's Commentary: 

Memo to Congress: penalizing China is not the answer to the US's economic woes.

Cutting taxes, incentivizing companies to bring jobs back to this country, and stopping the funding of these immoral and illegal wars without end would certainly help.

Of course, all these measures would be logical.

Sep 10 14:33

China and India: Still Hungry for Coal

Marin Katusa, Chief Energy Strategist
Casey Research

One can only hope that the “Don’t shoot the messenger” adage is still popular in the international community.

UK-based consultants M&C Energy Group have become the latest to join the chorus of voices asking the international community to increase the pressure on China and India to switch to cleaner energy sources.

Sep 07 05:10

Witness - The Chinese Colony

Sep 06 06:33

China, US meet amid tension over trade, military

BEIJING — Senior U.S. and Chinese officials met Monday to steady relations upset by disputes over currency, trade and military affairs despite calls for a tougher line on Chinese economic policies that some say are contributing to American unemployment.

With congressional elections in two months, President Barack Obama is under pressure to kick-start the economy and many lawmakers say he should start by addressing China's lopsided trade surplus and currency policies.

Sep 06 05:33

The Impact of Fiat Money as the World’s Reserve Currency

David Redick
Activist Post

The creation of fiat official government money has had a profound effect in history and on our nation and the world today. "Fiat" means it is worth whatever the government says it is (its face value), although the material of which it is made may have more or less intrinsic market value. Examples would include both valuable silver dollars and worthless paper, each declared to be worth $1; and today’s American Eagle bullion coin with a face value of $50 for one ounce of gold.

Sep 05 10:19

China fears depreciation of $2.45 trillion of reserves still heavy in dollars

Hu Xiaolian, a vice governor with the People's Bank of China, warned that depreciation was a risk for the foreign exchange reserves held by developing countries.

"Once a reserve currency's value becomes unstable, there will be quite large depreciation risks for assets," she wrote in an article that appeared in the latest issue of China Finance, a central bank magazine.

Webmaster's Commentary: 

The Chinese have every reason to be concerned about the potential depreciation of the US dollar, and so should Americans.

Sep 05 07:04

Heavy in dollars, China warns of depreciation

China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.

The Chinese government's currency reserves, the world's largest such stockpile at $2.45 trillion, are held roughly in line with what was described as the global average: 65 percent in dollars, 26 percent in euros, 5 percent in pounds and 3 percent in yen.

Sep 01 08:28

Fed lets China firm buy Morgan Stanley shares

The Federal Reserve on Tuesday approved a proposal by Chinese sovereign wealth fund China Investment Corp. to buy up to 10 percent of the voting shares of Morgan Stanley.

Webmaster's Commentary: 

Chinese business professionals are masters at horizontal integration into other countries' financial markets.

This is very significant, but why does the Fed - a private bank no more "Federal than "Federal Express" - have to approve such a deal?!?

Aug 28 10:19

India cancels China defense exchanges

China refused to issue a visa to the General Officer Commanding in Chief in Jammu and Kashmir, Lt. Gen. BS Jaswal.

The commander is responsible for Indian army operations in the Muslim-majority disputed region.

Kashmir has witnessed protests against Indian rule triggered by recent killings blamed on government forces. Sixty-four people have lost their lives in two months of violence. The New Delhi government's refusal to send a word of apology over the slayings and the reluctance shown by the Indian Prime Minister Manmohan Singh to order an end to shootings have added to the anger of protestors.

Webmaster's Commentary: 

This is a very significant position for the Chinese government to take, and will be interpreted as such from the many Middle Eastern countries with which China does business.

Unfortunately, this position, however, will do nothing to relieve the problems of China's Muslim Uighur minority living in and around Xinjiang province in Western China, which continues to be a flashpoint for violence just as Kashmir is for India.

Aug 27 11:50

Its Official: China is Unloading its Treasury Bonds

It looks like the smart money these days is found in China. While American investors have been scrambling over each other to buy more Treasury bonds at historically low yields, China has begun quietly unloading some of its own enormous holdings. In June, the Middle Kingdom sold $21.2 billion of paper, reducing its net long to $839.7 billion. This is little more than 10% of the total $8.18 trillion in federal debt that Uncle Sam has outstanding.

Aug 27 10:10

Banks back switch to renminbi for trade

A number of the world's biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China.

HSBC, which recently moved its chief executive from London to Hong Kong, and Standard Chartered, are offering discounted transaction fees and other financial incentives to companies that choose to settle trade in the Chinese currency.

Webmaster's Commentary: 

Chinese Symbols exclamation pointChinese Symbols exclamation pointChinese Symbols exclamation point

Aug 22 07:34

Globalized Business Cares Little About Left or Right

Chrystia Freeland
Reuters

Here's the good news about China's emergence as the world's second largest economy -- US business has figured it out. And here's the bad news -- while US companies can go global, most US citizens can't. The result, in this age of globalization, is a growing tension between the interests of America's business leaders and the interests of much of its middle class. Indeed, the most important fault-line in American politics may not be between Democrats and Republicans, it is between those businesses and business people who are succeeding in the global economy and those who are not.

Aug 18 08:00

U.S.-China Crisis: From "Gunboat Diplomacy" to Confrontation

The maneuvers were an open challenge to and clear act of defiance toward China, following by two weeks U.S. Secretary of State Hillary Clinton's announcement in the Vietnamese capital that the U.S. was prepared to intervene in territorial disputes over the above-mentioned islands on behalf of claimants Vietnam, Taiwan, Brunei, the Philippines and Malaysia against China.

While in South Korea, Gates, Mullen and Willard confirmed plans for regular U.S.-South Korean joint military exercises, including in the Yellow Sea off the west coast of the Korean Peninsula. The bulk of the sea's coastline is Chinese territory.

Webmaster's Commentary: 

China abruptly severed its military to military relations with the US in February of this year, due to US weapons sales to Taiwan.

The relationship between the two countries has continued to sour, and the US is not doing anything substantive to repair it.

These exercises are guaranteed to do one thing, and that is ratchet up the tensions in the region even further.

At a point in time where China is quietly moving out of its position in dollar holdings, one has wonder at the timing of these exercises, and precisely what they are intended to accomplish.

The US's attempting to bully China militarily may well have the absolute opposite outcome of its intended effect.

Aug 17 16:13

Iran, Tajikistan and Afghanistan: Diplomacy of Brotherhood

Kourosh Ziabari (Salem-News.Com)

The three countries stressed the importance of Nuclear Non-Proliferation Treaty and underlined the inalienable right of the NPT member states to use the nuclear power for peaceful purposes.

(TEHRAN) - The Trilateral Summit of the presidents of three Persian-speaking countries of Iran, Tajikistan and Afghanistan wrapped up on 5 August in Tehran and recorded another unforgettable event in the memory of the three brother nations.

Aug 17 13:45

Flashback 2001: Patriotic reasons to boycott ChinaMart/WalMart

Skolnick - Wal-Mart And The
Red Chinese Secret Police, Pt 3
By Sherman H. Skolnick
9-6-1
Wal-Mart and the Reputed Crooked Judges in Chicago.
... the Rockefellers, as the first part of the plan, are seeking to control the common people of the U.S. by flooding the nation with "China White", high purity dope from Southwest China....In the process, the Rockefellers are assisting Red China in undermining the skilled trades and useful employment in the U.S. by deluging the nation with cheap goods from China and countries dominated by them such as Sri Lanka. Spear-heading that effort has been Wal-Mart capable of underselling most everybody with products made by Chinese and other slave-laborers at camps and factories under the authority of the Secret Police.

Aug 17 03:10

The Ecstasy of Empire

If the wars are not immediately stopped and the jobs brought back to America, the US is relegated to the trash bin of history.

Obviously, the corporations and Wall Street would use their financial power and campaign contributions to block any legislation that would reduce short-term earnings and bonuses by bringing jobs back to America. Americans have no greater enemies than Wall Street and the corporations and their prostitutes in Congress and the White House.

The neocons allied with Israel, who control both parties and much of the media, are strung out on the ecstasy of Empire.

Aug 16 00:55

Putting Government First

Where a man's purse is, there his heart will be also.

If you would know where the heart of the Obama party is today, consider. In the dog days of August, with temperatures in D.C. rising above 100, Nancy Pelosi called the House back to Washington to enact legislation that could not wait until September.

Purpose: Vote $26 billion to prevent layoffs of state, municipal and county employees whose own governments had decided they had to be let go if they were to meet their constitutional duty to balance their books.

Workers their own governments thought expendable, Congress decided were so essential, it borrowed another 26 thousand million dollars from China to keep them on state and local payrolls.

Aug 14 18:21

Crisis. What Crisis? Profits Soar!

By James Petras

The capitalist state, with Democratic President Obama in the lead, has transferred billions to big capital via direct bailouts, virtual interest free loans, tax cuts and by pressuring labor to accept lower wages and health and pension givebacks. The White House plan for ‘recovery’ has worked beyond expectations – corporate profits have recovered; “only” the vast majority of workers have fallen deeper into crises.

CONTINUE READING THE FULL ARTICLE:

http://mycatbirdseat.com/2010/08/crisis-what-crisis-profits-soar/

Aug 14 06:21

Pictures: Landslides strike China

At midnight on Sunday, August 8th, a temporary lake caused by a recent landslide broke loose above the town of Zhouqu, in Gannan Tibetan Autonomous Prefecture, China. The outflow slid down the valley as a wall of mud, wiping out houses and muli-story buildings, and killing at least 1,144 residents - with over 600 still reported as missing. More than 10,000 soldiers and rescuers arrived soon to comb through the mountains of mud that buried several parts of Zhouqu County. Engineers also worked to blast the debris that had passed through the town to partially block the Bailong River, causing further flooding. Collected here are images of the landslide-affected area of northwestern China, part of a series of disasters in Asia caused by recent heavy rains. (41 photos total)

Aug 13 16:49

Will retaliate if offended by US, warns China Gen

A Chinese General on Friday termed as "flagrant provocation" US plans to send a nuclear-powered aircraft carrier to the Yellow Sea and said the country would retaliate if "offended".

China had in the recent weeks voice its firm opposition to activities of foreign military vessels or planes in the Yellow Sea and China's coastal waters, saying they undermine it security interests. Despite China's warning, the US insists on sending the carrier ‘USS George Washington', he said

The General was reacting to remarks by Admiral Mike Mullen, Chairman of the US Joint Chiefs of Staff, that the carrier will always go into international waters.

Webmaster's Commentary: 

At a point in time when the Us desperately needs China's cooperation (particularly with the huge amount of US debt China is holding), why is it sabre-rattling right now?!?!?

Aug 12 08:56

Is China Executing a Cunning Sun Tzu Strategy to Destroy the Dollar and Cause an Upward Price Explosion in Gold?

Could China be coveting the role of the next economic superpower, thereby supplanting the USA? If so, is China planning to do this by design or is it simply awaiting this result by default as a result of the total collapse of the American economic system?

Webmaster's Commentary: 

China doesn't need to do anything but wait. The US economy was destroyed with the passage of the Federal Reserve Act in 1913.

Aug 10 08:23

US warship visits former foe Vietnam, China warns US to stay out of Yellow Sea

An American warship docked Tuesday in central Vietnam where the former foes planned to conduct naval training in a sign of growing military ties amid new warnings from China
for the U.S. to stay out of its backyard.

Webmaster's Commentary: 

"Hey, relax; we're getting kicked out of the Afghanistan opium fields and just need to see if any of Kuhn Sa's stash is still floating around for sale!" -- Official White Horse Souse

Aug 06 16:04

New Chinese missile 'challenges US'

China is reportedly developing a game-changing new naval missile that can pave the way for ending the US dominance at sea, experts say.

The missile, named the Dong Feng 21D, can be launched from land to destroy the most advanced moving aircraft carrier 900 miles away.

Aug 05 18:36

Chinese Carrier Killer Missile Could Shift Pacific Power Balance

Nothing projects U.S. global air and sea power more vividly than supercarriers. Bristling with fighter jets that can reach deep into even landlocked trouble zones, America's virtually invincible carrier fleet has long enforced its dominance of the high seas.

China may soon put an end to that...

Aug 05 10:20

Second U.S. revolution coming?

I don’t like to carry more information than necessary about U.S. affairs, but the simple fact is that things are rapidly coming to a head in the States.

With mid-term elections coming up in just four months time, and U.S.–backed Israel scheming to start a war with Lebanon which will inevitably drag in Syria and Iran, and then quite possibly Russia and China (who have multi-billion dollar investments in Iran’s oil infrastructure), America as we know it, and quite possibly the world itself, may be considerable changed for the worse by the end of this year.

Aug 05 10:17

US lawmaker calls for sanctions on China, Russia

The United States should immediately impose sanctions on Russia and China under a US law that punishes major investments in Iran's energy sector, a senior US lawmaker said Monday.

Webmaster's Commentary: 

"That's just fine. We just need to cash in all these trillions of dollars in IOUs we are holding. We need payment in gold by close of business today." -- China

Aug 05 08:54

China rejects U.S. pressure on Iran trade ties

China pushed back at U.S. pressure on its business and oil trade with Iran in comments published on Wednesday, while Iran's oil minister was in Beijing seeking to shore up ties with the big customer.

Aug 05 08:53

US-China tensions over South China Sea

US Secretary of State Hillary Clinton’s provocative stance at the Association of South East Asian Nations (ASEAN) security forum last month, where she voiced opposition to China’s claims in the South China Sea, has inflamed another global flashpoint.

Webmaster's Commentary: 

"Dammit, I need a major war to distract the suckers from the economy, and my policy is to go on pissing off people until I get it!" -- Official White Horse Souse

Aug 05 08:43

China Rejects US Concerns about Deals with Iran

China has defended its business ties with Iran after a United States official urged Beijing to fully implement sanctions against Tehran.

China Thursday rejected concerns about its dealings with Iran.

China's state media quoted a Foreign Ministry spokeswoman saying trade with Tehran is normal business and does not harm the interests of other countries or the international community.

Aug 04 01:58

US Lawmaker Calls for Sanctions on China, Russia

WASHINGTON — The United States should immediately impose sanctions on Russia and China under a US law that punishes major investments in Iran's energy sector, a senior US lawmaker said Monday.

"It's time to implement our sanctions laws and demonstrate to Russia and China that there are consequences for abetting Tehran and flouting US sanctions," Representative Ileana Ros-Lehtinen said in a statement.

Aug 03 08:58

China Calls Our Bluff: The U.S. is Insolvent and Faces Bankruptcy as a Pure Debtor Nation

America's biggest creditor - China - has called our bluff.

As the Financial Times notes, the head of China's biggest credit rating agency has said America is insolvent and that U.S. credit ratings are a joke:

The head of China’s largest credit rating agency has slammed his western counterparts for causing the global financial crisis and said that as the world’s largest creditor nation China should have a bigger say in how governments and their debt are rated.

“The western rating agencies are politicised and highly ideological and they do not adhere to objective standards,” Guan Jianzhong, chairman of Dagong Global Credit Rating, told the Financial Times in an interview.

Aug 02 08:31

Chinese television plugs Israel

Chinese television has produced a twelve-part documentary, Israel, the land of milk and honey, which will first be broadcast by CCTV-2 and later by the other Chinese satellite channels.

This high-definition and big-budget documentary was filmed with the help of the Israeli State. It portrays Jewish culture as a beacon of human thought on a par with Chinese culture.

A private screening has been organised in Beijing for an audience of CCTV executives and the Israeli Embassy.

Jul 31 08:37

THE HIDDEN FACE OF SANCTIONS By DR. ALAN SABROSKY

The sanctions imposed recently against Iran by the United Nations, and later separately by the US Congress, have one thing in common. Both were driven by the US at the instigation of Israel.

But they are also, I believe, generally misunderstood. Sanctions are normally intended to alter the behavior of the country being sanctioned — to punish it for what it is doing, to keep it from continuing practices or policies others find objectionable, or both.

And overtly, that is the function of these sanctions. But that is not their actual purpose.

Jul 30 15:37

China denounces EU's Iran sanctions

China has voiced its disapproval of the new unilateral sanctions imposed by the EU against Iran over its nuclear program, urging a negotiated solution through diplomacy.

"China does not approve of the European Union's unilateral sanctions on Iran," Chinese Foreign Ministry spokeswoman Jiang Yu said in a Friday statement posted on the ministry's website, Reuters reported.

Jul 30 15:11

China struggles to recover from 'worst ever' oil spill

China is struggling to clean up what has being described as the country's worst oil spill, a fortnight after a fire at an oil depot caused crude to leak into the sea for several days.

An army of volunteers and fishermen has been mobilised to help clean up the pollution from the area around the port of Dalian, one of China's most important strategic oil reserves.

But conditions are grim for those involved.

Jul 30 10:24

"Okay, that torpedo thing with North Korea is a washout; what can we do to piss off China now?"

Jul 27 18:05

In Photos: Huge landslide in China

A village in southern China is suffering after an enormous landslide — triggered by an overwhelming rainstorm — buried dozens of homes, the Associated Press reports. Photos of the aftermath paint a stark picture of lives and livelihoods destroyed.
This is only the most recent flood and landslide to strike China. So far this year, floods have killed at least 823 people and inflicted tens of billions of dollars in property damage — and more rains are expected this week.

Jul 27 08:20

China Three Gorges flooding set to peak

China says flood waters at the Three Gorges Dam will peak within the next 24 hours, after torrential rain further up the Yangtze river over the weekend.

More heavy rain is expected in parts of southern China from now until Thursday.

Webmaster's Commentary: 
Jul 24 09:47

Containing China Is A Fool's Errand. Yet Obama's Deal with Indonesian Thugs Is Aimed at Exactly That

Yesterday’s announcement by the Obama administration that it is resuming military ties with the mass-murdering war criminals of Indonesia’s special forces ought to give us pause. Because the new relationship with Kopassus, the Indonesian thugs, has little or nothing to do with concrete U.S. interests in Indonesia – do we have any, anyway? – and everything to do with building a Great Wall around China.

Jul 24 09:43

US Rejects Chinese Claims to Spratly Islands

The United States has rejected the claims of the Chinese government to territorial control of a number of tiny islands in the South China Sea, with Secretary of State Hillary Clinton insisting the US had a strong “national interest” in ensuring the islands remain open.

Though long of little real value, the islands are said to have a significant oil and natural gas deposit, and the claims over the territorial waters around the islands could be valuable in expanding shipping in the region.

Webmaster's Commentary: 

This is an issue for China, and all the countries claiming rights to these islands, to resolve among themselves.

That can be accomplished, and doesn't need US interference for this to happen.

Jul 23 09:07

China: The US Is "Insolvent and Faces Bankruptcy"

The common thought amongst even reasonably educated and economically literate Americans is that China is 'stuck with US Treasuries' and has no choice, so it must perform within the status quo and do as the US wishes, or face a ruinous decline in their reserve holdings of US Treasuries.

...

I think China is already diversifying their reserve portfolio, and more stealthily and effectively than one would imagine.

Jul 22 05:57

Clean-up crews use bare hands against China oil spill

Chinese authorities battled Thursday to contain an oil spill on the country's northeast coast amid reports it was spreading and as warnings emerged of a heavy long-term environmental impact.

The government has mobilised hundreds of fishing boats and other vessels to clean up the spill that occurred in the port city of Dalian, but Greenpeace said many people thrown into the effort were reduced to using their bare hands.

The spill happened last Friday after two pipelines exploded at an oil storage depot, triggering a spectacular blaze that burned throughout the weekend.

===

Seems to be more than coincidental - doesn't it?

Jul 21 12:59

Huge China Oil Spill Poses Severe Threat

Ok what are the odds? First we get a huge disaster which can no longer be called a spill, Now China? funny how China is a country we trade with, base our money systems on. So if china's Stock Market Falls? Whats next? I shudder to wonder. Isnt it fool me once shame on you and fool me twice shame on me?

Jul 17 07:08

900-year-old Song dynasty drains save Chinese city from deadly floods

A 900-year-old drainage system has saved a city in south China from severe floods that have left over one hundred people dead and a million homeless across the region.

Webmaster's Commentary: 

And THAT is how infrastructure is supposed to be done!

Jul 15 15:29

Is Communism the New Capitalism? Six Fortune 500 Companies Move HQ to China

Activist Post

The boat is leaving for China. Disney, Kraft Foods, and four more Fortune 500 companies are on board to move their Headquarters to Shanghai.

The mass exodus of American companies which will surely take thousands of jobs with them, is now commencing with mind-twisting irony. Apparently, America is no longer good enough to invest in, even for U.S-based companies.

The globalists love to quote free-market capitalistic principles, except when it comes to small things like competition and having your headquarters in a Communist quasi-enemy nation. A CNTV press release and accompanying video gloated:

Jul 13 14:19

Chinese rating agency strips Western nations of AAA status

China's leading credit rating agency has stripped America, Britain, Germany and France of their AAA ratings, accusing Anglo-Saxon competitors of ideological bias in favour of the West.

Jul 13 08:56

U.S. Trade Gap Widens

The U.S. trade deficit unexpectedly widened in May to its highest level in a year and a half, as a surge in imports from China more than offset the impact of falling oil prices.

Webmaster's Commentary: 

The USA doesn't make anything anybody either wants to buy or can afford.

Jul 11 09:29

The Drums of War? Pentagon Provokes New Crisis With China

With the arrival of the USS Ohio in the Philippines, the USS Michigan in South Korea and the USS Florida "in the strategic Indian Ocean outpost of Diego Garcia" [6] on the same day, "the Chinese military awoke to find as many as 462 new Tomahawks deployed by the U.S. in its neighborhood."

Just as the Pentagon is moving nuclear submarines under the northern polar ice cap to the Indian Ocean, so it has recently reached an "agreement [that] will allow troops to fly directly from the United States over the North Pole" to Afghanistan and "the region" by way of Kazakhstan, which borders China as well as Russia. [10]

Jul 09 17:06

Nuclear Explosions Conducted in Various Parts of the Globe, From 1945 to 1998

It seems to me that we fought the Cold War by nuking, mostly, OURSELVES!

Missing: Israel-South Africa nuclear testing in 1979? http://www.globalsecurity.org/wmd/world/israel/nuke-test.htm

Jul 01 09:02

China Becoming Target of Credit Default Swaps

Not shown on the table, but certainly in need of noting, was our very own state of California, which with 377 million in net derisking, was the 3rd most shorted entity of all. Is the last bastion of "all is well" propaganda about to fall?

Jun 29 20:45

Israeli Nuclear Espionage: The Art of Keeping America at Risk for Fun and Profit

Israel agreed to sell South Africa nuclear weapons.

More than that, it makes any aid America gives Israel illegal. If Israel is nuclear, which is now official, and in violation of international treaties, just as with Iraq and Iran, then America has to demand inspections and disarmament. There is no choice. This is the law. Law for Iran, law for Iraq is also law for Israel. Israel has expected this day for years.

Jun 29 09:25

Giant Green Algae Slick Heads Towards China

A massive floating expanse of green algae is heading towards China's east coast, potentially threatening wildlife and the region's tourist industry, state media reported on Tuesday.

Jun 29 08:18

China to hold naval drills to counter US-SKorean moves

In a move that could escalate tensions in the surcharged Korean peninsula, China said its military forces would kick-off live ammunition exercises in East China Sea from Wednesday in an apparent response to a joint naval manoeuvre between US and South Korea.

Jun 29 07:37

China military denies exercise aimed at U.S

Analysts and a military officer said the live ammunition exercise starting on Wednesday that will close off parts of the East China Sea off China's coast over six days were routine and the timing was coincidental.

"The PLA artillery exercise in the East China Sea and the joint U.S.-South Korea exercise in the Yellow Sea are a complete coincidence," Li Daguang, a professor at China's National Defense University told the Wen Wei Po, a Hong Kong newspaper under mainland control.

"The outside world shouldn't read anything into this."

Webmaster's Commentary: 

The timing does not appear to be "coincidental"; it appears to be a projection of Chinese power in the region after Obama had the audacity to publicly criticize China's handling of North Korea at the G-20 summit.

Jun 28 05:59

Obama challenges China on G20 stage

US President Barack Obama has launched a stern challenge to China, using the big stage of the G20 summit of world powers to demand Beijing's help in rebalancing the world economy.

The G20 leaders, representing both the world's established economic giants and its dynamic emerging powers, agreed a package of measures to cut deficits, stimulate growth and return stability to financial markets.

Jun 26 06:39

The Global Political Awakening and the New World Order

The Technological Revolution and the Future of Freedom, Part 1
by Andrew Gavin Marshall at Globalresearch.ca.

There is a new and unique development in human history that is taking place around the world; it is unprecedented in reach and volume, and it is also the greatest threat to all global power structures: the ‘global political awakening.’ The term was coined by Zbigniew Brzezinski, and refers to the fact that, as Brzezinski wrote:

For the first time in history almost all of humanity is politically activated, politically conscious and politically interactive. Global activism is generating a surge in the quest for cultural respect and economic opportunity in a world scarred by memories of colonial or imperial domination.[1]

Jun 23 09:30

China Officially Disses the Dollar (and Treasury Debt)

Although Treasury Secretary Geithner has issued this statement:

We welcome China's decision to increase the flexibility of its exchange rate. Vigorous implementation would make a positive contribution to strong and balanced global growth. We look forward to continuing our work with China in the G20 and bilaterally to strengthen the recovery.

This move by China is about as welcome as a visit to a proctologist who use dental drilling tools.

Jun 21 19:31

China's solution for elitists' crimes is execution

China executes securities trader over $9.52m fraud
By Joe Fay 8th December 2009
China takes a very harsh line on criminality, although this is the first execution carried out on an erstwhile member of the financial classes.
China carries out more executions every year than any other country, with either the gun or lethal injection used.
While murder, drug trafficking and the like attract the penalty, the state will also happily execute other classes of criminals, with both corrupt officials and businessmen liable to pay the ultimate price if convicted. Executives involved in the notorious tainted baby milk scandal were handed death sentences earlier this year.

Jun 20 10:34

China forex move could thwart U.S. hopes - Roubini

China's decision to move away from its currency peg might mean the yuan weakens against the dollar instead of strengthens as Washington wants, Nouriel Roubini, one of Wall Street's most closely followed economists, said on Saturday.

Jun 20 03:51

Will currency float help U.S.-China relations?

China’s surprise announcement that it will continue floating its currency after a nearly two-year hiatus is catching the financial world by surprise.

After Chinese leaders denied for months they would cave to international pressure, the Saturday announcement by China’s central bank is widely seen as a way to defuse the issue from being raised at next week’s G-20 summit in Toronto, especially since China’s May exports shot up nearly 50 percent year-on-year. But is that the whole story?

Jun 19 04:43

Walkout Closes Another Toyota Supplier in China

Jun 19 04:02

China: Yuan exchange rate is a sovereign issue and not on G20 agenda

BEIJING, June 19 (Xinhuanet) -- China has told the rest of the world not to meddle with the way it manages its currency, calling the exchange rate a sovereign matter for China alone to decide.

Jun 17 11:24

Strikes in China signal end to era of low-cost labour and cheap exports

The Chinese Communist party called on employers to raise salaries and improve training for workers today, as Toyota became the latest foreign firm to be hit by a wave of high-profile strikes.

According to labour activists, there have been numerous strikes in recent years, though few get reported in the media. Chang Kai, professor of labour relations and law at Renmin University, said the number had increased by 30% per year.

Their impact has grown as the "one-child" family planning policy starts to thin the bulge in the working-age population. This demographic change in the balance of labour supply and demand has added to improved worker organisation and greater activism at high-profile foreign firms.

Jun 14 16:04

US wants South Korean boat’s sinking as they tell it but Russia and China don’t agree

Christopher King questions the US-South Korean accusation that North Korea sank the South Korean corvette the Cheonan in March this year. He says the lack of evidence linking Pyongyang to the sinking, coupled with the history of US deceptions in Vietnam, Afghanistan and Iraq, makes it more likely that the Cheonan was sank by the US or South Koreans, accidentally or deliberately.

Jun 14 09:16

1.3 million flee as China flooding kills 155

Unusually heavy seasonal flooding in China has killed at least 155 people and forced more than 1 million to flee as water levels in some areas reached at their highest in more than a decade, the government reported Saturday.

Flooding strikes along the Yangtze almost every summer, although authorities had claimed that construction of the massive Three Gorges Dam along the river's upper reaches would help modulate water levels and prevent major losses.

Webmaster's Commentary: 

As reported on 7 June, 2010 in

http://blogs.telegraph.co.uk/news/timcollard/100042402/china-cracks-in-the-three-gorges-dam-so-300000-people-can-wave-goodbye-to-their-homes/

"n China, cracks are appearing – in the neighbourhood of the massive Three Gorges Dam, the country’s great prestige project, and also in the Great Internet Firewall of China, enabling the ominous news to leak out. Three years ago stories were already emerging in the Chinese media about landslides, ecological deterioration and accumulation of algae further down the river. And less and less effort seems to be made to plug the leaks."

This combination of flooding, coupled with problems with the dam, could lead to an ecological disaster for the people living in this region, and beyond.

Jun 12 14:31

China: Cracks in the Three Gorges Dam, so 300,000 people can wave goodbye to their homes

Recent media reports tell of a series of landslips, minor earthquakes and cracks appearing in roads and buildings along the central section of the Yangtse, between the dam and the city of Chongqing. Almost 10,000 “dangerous sites” have been identified, but many of the people living near them cannot be relocated for lack of money.

Jun 12 07:38

Israel shakes down China

Analysts believe Beijing and Moscow came on board after direct intervention by Barack Obama, the US president, and a pledge to water down the resolution and possibly other concessions some of which might be kept secret for long.

Jun 09 11:07

China reaps benefits of Iraq war with oil deals

Perspiration staining their orange jumpsuits, the Chinese engineers and laborers form Al-Waha Oil Co. work alongside their Iraqi counterparts under a sweltering sun readying an expanse of arid land southeast of Baghdad for infrastructure to extract and carry the viscous liquid on which Iraq's future lies: oil.

The scene, an increasingly common one in the new postwar Iraq, is more than a reflection of how the country home to the world's third largest proven reserves of crude is pushing to boost its output. It's also a testament to the lengths to which China will go to secure the oil it sorely needs to fuel its galloping economy as its own crude supplies fall far short of demand.

Webmaster's Commentary: 

China makes deals to get the oil it needs; the US wages wars to achieve the same outcome.

What's wrong with this picture?!? EVERYTHING, in light of the fact that these wars without end are bankrupting the country!!!!

Jun 08 12:17

China finally Learns the Truth about the Jews

Until recently, the notion that Jews and money were inseparable carried no anti-Semitic undertone in the country, but a relatively new book called “Currency Wars” threatens to change all that.

The book’s author, Song Hongbing, claims that behind world-changing events like the battle of Waterloo, Adolf Hitler’s rise to power, President Kennedy’s assassination, and the deep recession in Asia during the 1990s stood an intricate conspiracy aimed at increasing Jews’ wealth and influence.

Song, a Chinese computer engineer and history buff who resides in the United States, writes that almost every defining historical moment has been instigated by Jewish bankers, and mainly the Rothschild family, which Song says dominates the global banking system, including the US Federal Reserve System.

Jun 07 07:40

China's 'cancer villages' reveal dark side of economic boom

Polluting factories in rural communities are forming a deadly toxic cocktail for villagers, leading to surging rates of cancer

Jun 04 19:12

Tiananmen Square memoir claims China decided to 'spill some blood'

The phrase, attributed to China's then paramount leader Deng Xiaoping, appears in a previously suppressed diary which publishers say will lift the veil of secrecy over how the decision was made to send in the tanks on the night of June 3-4.

Leaked extracts of the diary said to be by Li Peng, the hardline former head of China's government in 1989 who is most deeply associated with the bloody crackdown, appeared yesterday as dissidents commemorated the 21st anniversary of the Tiananmen Square
"The measures for martial law must be steady-handed, and we must minimise harm, but we must prepare to spill some blood," Deng told officials on May 19 1989, according to a copy of the manuscript.

Jun 02 09:54

China Tells Defense Secretary Gates Not To Visit

Beijing didn't elaborate, but China leaders were angered by the Obama administration's recent decision to go ahead with arms sales to Taiwan worth more than $6 billion.

Webmaster's Commentary: 

My bet would be that this non-invite has nothing to do with the US arms sales to Taiwan, and everything to do with pressure to hold North Korea accountable for the torpedo which sank the South Korean ship last March, for which the US has been blaming North Korea, and wanting to forward the matter to the UN for some kind of sanctions/punishment against North Korea.

Jun 01 18:44

China aims to become supercomputer superpower

"By comparison, China has 24 machines in the list. Its fastest has a top speed of 1.20 petaflops, more than double the speed of its previous top supercomputer. However, it has a theoretical top speed of nearly 3 petaflops, which would make it the fastest in the world."

and...
Let a Thousand Reactors Bloom (Sept. 2005)
http://www.wired.com/wired/archive/12.09/china.html

China's struggled hard to surpass the U.S. as a world power, and they've accomplished that over 10 years ago.

The 19th century belonged to the Commonwealth.
The 20th century belonged to America.
The 21st century belongs to China.
I trust China will not piss it all away like we did.

May 31 23:59

China urges "quick" Security Council response to Israeli attack

China urges "quick" Security Council response to Israeli attack on aid convoy
08:04, June 01, 2010
"China is shocked by Israel's attack on a multinational convoy carrying international aid to Gaza which resulted in heavy casualties," said Yang Tao, a counsellor of the Chinese permanent mission to the United Nations, at the 15-nation council's emergency meeting.
"We condemn Israel's actions targeting humanitarian workers and civilians," he said. "We support a quick response by the Security Council and take necessary actions."
Yang also expressed serious concern about the "grim" humanitarian situation in the occupied Palestinian territory, especially the Gaza Strip.

May 31 06:28

Russia-China Warn US That Israeli Attack On Iran Means “World War”

A chilling report circulating in the Kremlin today states that President Medvedev and Chinese President Hu have issued an “urgent warning” to the United States that says if the Americans allow an Israeli nuclear attack upon Iran, “World War will be our response”.

May 30 07:08

Great Wall of China's strength 'comes from sticky rice'

Workers built the Ming dynasty sections of the Great Wall about 600 years ago by mixing together a paste of sticky rice flour and slaked lime, the standard ingredient in mortar, said Dr Zhang Bingjian.

"The ancient mortar is a special kind of organic and inorganic mixture," said Dr Zhang, a professor of chemistry at Zhejiang university in the city of Hangzhou in eastern China.

"The organic component is amylopectin, which comes from the porridge of sticky rice that was added to the mortar," he said.

May 29 07:10

China’s Currency Manipulation: About to Cause a Global Explosion?

China’s currency continues to be a subject the U.S. is willing to tap dance around diplomatically. Because when the gloves eventually do come off, U.S./China relations could rapidly collapse.

Webmaster's Commentary: 

Mostly because the US will be looking for someone else to blame for the mess created when Congress passed (without a quorum) the Federal Reserve act in 1913.

May 28 08:36

China Signs $23 Billion Oil Deal With Nigeria

China has signed a $23 billion deal with the new government of Goodluck Jonathan in Nigeria to build three oil refineries and a petrochemical plant. Goodluck Jonathan came to power on May 6 after the death of the former president, Umaru Yar’Adua.

The new government declared that it had signed a memorandum of understanding with China State Construction Engineering Corporation on May 13. The three refineries are to be built in Lagos, the commercial capital, in Kebbi state in the remote northeast, and Bayelsa, Jonathan’s home state within the Niger Delta. The refineries would have a combined capacity of 900,000 barrels per day (bpd), double the expected domestic demand of 450,000 bpd by the time they are due to be completed in five years.

Webmaster's Commentary: 

China and Russia have been making deals to secure their energy requirements, without firing a single shot.

The US, on the other hand, has been waging war to accomplish that same objective, and has been failing miserably in the process.

May 27 07:46

Tenth suspected suicide in a year throws spotlight on labour practices at China iPhone factory

The spate of apparent suicides have thrown a spotlight on the labour practices of Foxconn, part of Taiwan's Hon Hai Precision Industry, which includes Apple, Hewlett Packard and Sony Ericsson among its clients.

Apple and other clients have said they are investigating working conditions at Foxconn, which has faced criticism for its harsh and secretive corporate culture.

May 26 20:44

China eyes cut in euro exposure

China, which boasts the world's largest foreign exchange reserves, is reviewing its holdings of eurozone debt in the wake of the crisis that has swept through the region's bond markets.

Representatives of China's State Administration of Foreign Exchange, or Safe, which manages the reserves under the country's central bank, has been meeting foreign bankers in Beijing in recent days to discuss the issue.

The meetings were arranged amid growing speculation that Safe is considering reducing its exposure to the eurozone bond markets because of the deepening crisis in Europe.

May 25 20:09

GORDON DUFF: THE ARMS CIRCUS, ISRAEL KEEPING THE WORLD IN TURMOIL

THE ART OF KEEPING AMERICA AT RISK FOR FUN AND PROFIT

This week, newspapers around the world received reports and signed documents from South Africa. The reports said that, in 1975, Israel agreed to sell South Africa nuclear weapons. South Africa then released an arms agreement signed by current Israeli President Shimon Peres. This is the document “heard round the world.”

May 23 09:51

US official: At odds with China over NKorea, Iran

The United States and China are still at odds about how to deal with North Korea over the sinking of a South Korean warship it has been blamed for, a senior U.S. official said Sunday. They also remain apart on the specifics on new U.N. sanctions to impose on Iran over its suspect nuclear program, the official said.

Webmaster's Commentary: 

In other words, Hillary was full of bovine excrement when she claimed China was on board with new sanctions against Iran.

May 20 17:19

Ray McGovern : US, Israel Challenged on Iran

The times may be a-changin’ — at least a bit — with the United States and Israel no longer able to dictate to the rest of the world how crises in the Middle East must be handled, though the new reality has been slow to dawn on Secretary of State Hillary Clinton and her neocon friends in Congress and the U.S. media.

They may think they are still in control, still the smart ones looking down at upstarts like the leaders of Turkey and Brazil who had the audacity to ignore U.S. warnings and press ahead with diplomacy to head off a possible new war, this one over Iran.

May 20 09:46

Ray McGovern : US, Israel Challenged on Iran

The times may be a-changin’ — at least a bit — with the United States and Israel no longer able to dictate to the rest of the world how crises in the Middle East must be handled, though the new reality has been slow to dawn on Secretary of State Hillary Clinton and her neocon friends in Congress and the U.S. media.

They may think they are still in control, still the smart ones looking down at upstarts like the leaders of Turkey and Brazil who had the audacity to ignore U.S. warnings and press ahead with diplomacy to head off a possible new war, this one over Iran.

May 18 18:19

US Answer to Iran Nuclear Swap: Overnight Deal on Sanctions

Ahmet Davutoglu – Turkish Foreign Minister

“What they wanted us to do was give the confidence to Iran to do the swap. We have done our duty,” said Davutoglu, calling the deal an important step for regional and global peace. -Turkish Foreign Minister Davutoglu

In a swift answer to the Iran nuclear fuel deal secured Monday by Turkey and Brazil, Secretary of State Hillary Clinton announced today that world powers had finalized a package of “strong” new sanctions against Iran.

After months of diplomatic efforts, the US secured support overnight from Russia and China, removing the possibility that the move would be vetoed by the United Nations Security Council. The draft would be circulated later Tuesday to the full council, she said.

May 02 06:56

Shanghai World Expo 2010 opening ceremony: spectacular fireworks display in China

Shanghai World Expo 2010 opening ceremony: spectacular fireworks display in China
Shanghai celebrated the opening of the 2010 World Expo with a lavish riverside display of fireworks, fountains and lasers that rivalled the launch of the Beijing Olympics in its extravagance

May 01 09:54

How Wars Are Born: China versus the U.S.

The fact that China is now declaring itself master of its own zones is intolerable for U.S. corporations, which will stop at nothing — including war — to maintain U.S. military dominance over the globe.

Apr 28 09:58

China is considering taxing property

What will these commies think of next? U.S.-style regulation on toilet-tank size? U.S-style limits on using cash? U.S.-style bailouts of failing industries?

Apr 27 10:18

The 2010 Shanghai World Expo in pictures

The 2010 Shanghai World Expo in pictures
Pavilions are illuminated during a night-time lighting test. The World Expo opens in Shanghai on May 1. For China, the Shanghai Expo will stand proudly in the tradition of world fairs that began with London's Great Exhibition in 1851, gave Paris the Eiffel Tower and drew 44 million Americans to New York to see "The World of Tomorrow" in 1939

Apr 26 13:49

Chinese report documents human rights disaster in the United States

The United States is the only country in the world that claims to be superior in every aspect, especially in human rights, and that lie is again exposed, this time by a report from China on the United States, all from US sources. The US is in fact a backward cesspool, the most backward country in the industrialized world.

Apr 25 13:55

Chinese Replica Jet in Dogfight for Copyright

Handbags, watches, sunglasses read more...- you can find a Chinese replica for almost anything. But one more ambitious copycat effort is putting a strain on relations with Russia.

Apr 24 09:32

China's $20 Bln Loan To Venezuela To Be Paid With Oil

Oil-rich Venezuela will send resource-hungry China 100,000 barrels a day of crude oil for the next 10 years to pay for a $20 billion loan agreed to over the weekend, Venezuela Oil Minister Rafael Ramirez said Thursday.

Webmaster's Commentary: 

Note that China is getting what it needs in terms of resources by making deals, not waging wars.

Apr 20 12:10

US will act if China does not revalue yuan-lawmaker

A U.S. House of Representatives committee chairman on Monday warned the United States will take action if China does not begin steps in coming months to raise the value of its currency.

Webmaster's Commentary: 

How do you feel about war with China? Personally, I think it is a bad idea. But then I think all wars are bad ideas.

Apr 18 08:27

The image Microsoft doesn't want you to see: Too tired to stay awake, the Chinese workers earning just 34p an hour

Showing Chinese sweatshop workers slumped over their desks with exhaustion, it is an image that Microsoft won't want the world to see.

Employed for gruelling 15-hour shifts, in appalling conditions and 86f heat, many fall asleep on their stations during their meagre ten-minute breaks.

For as little as 34p an hour, the men and women work six or seven days a week, making computer mice and web cams for the American multinational computer company.

Webmaster's Commentary: 

When I had to call MS support the other day to deal with a bug in their licensing system, not one of the people I spoke to sounded like English was their first ;language. It took 90 minutes of wading through people before the 5 minutes it took to fix the actual problem, which is apparently a known issue with the software.

Apr 16 07:01

China earthquake: death toll could reach 10,000

The official death toll now stands at 760, with a further 243 missing and 1,174 severely injured, according to Xinhua, the Chinese government news agency.

However, monks at Jiegu monastery said at least 1,000 corpses had arrived at their temple alone, and that four other monasteries had each collected a similar number.

"The government is downplaying the number," said Ge Laidanzeng, a 20- year-old monk. He said that when all the bodies were retrieved from the wreckage of the town there would "definitely be more than 10,000 dead".

Apr 14 08:01

China Reiterates Opposition to Iran Sanctions… Again

The eternal push for additional sanctions against Iran never changes too much.

Earlier today, President Barack Obama declared that he was “confident” China would back the sanctions, a confidence expressed by Secretary of State Hillary Clinton several times over the past few weeks.

But as has happened every other time this confidence was expressed, China was quick to dismiss the idea and reiterate its opposition to sanctions.

Apr 12 07:46

At the Geopolitical Crossroads of China and Russia: Kyrgyzstan And The Battle For Central Asia

It not only borders China, Kazakhstan, Tajikistan and Uzbekistan, but is only separated from Russia by a single nation, Kazakhstan. To gain an appreciation of Russian and Chinese concerns over hundreds of thousands of U.S. and NATO troops passing through Kyrgyzstan, imagine a comparable amount of Chinese and Russian soldiers regularly passing through Mexico and Guatemala, respectively. For almost nine years and at an accelerating rate.

It is not only a military "hard power" but also a "soft power" threat that the Western role in Kyrgyzstan poses to Russia and China.

Apr 10 06:56

New Nuke Treaty and the Coming World War

The United States of America is preparing for war. This new Treaty proves it. We are preparing for war by capitulating our last strategic advantage to the Russians and Chinese. That would be nuclear missiles. Even worse, we are allowing our future enemies access to onsite inspections. We might as well email them the schematics and locations of our missiles.

Apr 07 09:26

Great Power Rivalry. China's Role as America's Creditor

What a turnaround: from an export juggernaut to a credit addict. Who would have thought it necessary back in 2001, the year everything all started to work out for China?....China has become the world's biggest creditor, after amassing nearly $2.3 trillion of foreign exchange claims on us. However, the specter of a creditor nation running persistent trade surpluses has ominous historical portents. It has happened only twice before, with the US economy in the Twenties and with the Japanese economy in the Eighties.

Apr 03 20:32

Great Firewall: Not Just Of China Anymore?

repost.

Security experts are not sure exactly how this happened, but it appears that at least one ISP recently began fetching high-level DNS (domain name server) information from what's known as a root DNS server, based in China. ...returned DNS information intended for Chinese users, effectively spreading China's network censorship overseas.... The issue was reported Wednesday... DNS queries for sites such as Facebook.com, Twitter.com and YouTube.com -- all of which have been blocked in China -- were being redirected to bogus addresses.

It is unclear how widespread the problem is.

Apr 02 08:53

China Denies Backing Iran Sanctions

Yesterday’s claims that the Chinese government had, after months of US cajoling, finally agreed to support sanctions against Iran appear to be premature, and China has reiterated its past position that diplomacy, not sanctions, should resolve the issue.

Webmaster's Commentary: 

The UK's "Guardian" got caught with its journalistic pants down when it made the claim as reported on 31 March as reported at:

http://www.guardian.co.uk/world/2010/mar/31/china-supports-obama-iran-sanctions

"China supports Barack Obama's call for new Iran sanctions"

"According to officials with knowledge of the talks, an agreement to begin drafting a security council resolution was reached in a telephone call involving representatives of the US, China, Russia, Britain, France and Germany."

Note that these "officials" were never sourced.

Apr 02 07:10

China agrees to start talks on Iran sanctions

Officials are expected to arrive in New York within days to begin talks on how to Tehran into line over its disputed nuclear program.

China's agreement to begin substantive discussions comes after months of stubborn resistance to pressure from the US, Britain, France and Germany to impose punitive sanctions.

Negotiations will now begin in earnest over the nuts and bolts of the sanctions package which the US President Barack Obama has said he wants to see adopted before the end of the month.

Apr 01 07:58

China 'ready for talks' on new UN sanctions on Iran

The US ambassador to the UN, Susan Rice, said China was ready to hold "serious" talks with Western powers on a new UN resolution.

This would mark a policy shift for China, which has strong ties with Iran. China says it wants a peaceful outcome.

Webmaster's Commentary: 

This may be a misread. In China, not to talk is considered very impolite. So China is always ready to talk. And they are always ready to listen to any offers that might benefit them.

But China is also shrewd enough to understand that new sanctions cannot force Iran to give up nuclear weapons it does not actually have, and that this "failure" will simply be another US and Israeli justification to launch yet another war of conquest against an unoffensive nation and innocent people.

Mar 30 11:36

Europe unlikely to join any new yuan offensive

If Washington picks a fight with China over the weakness of the state-managed currency, it will do so without European reinforcement, not least because the euro has weakened in tandem with Greece's debt crisis.

Mar 29 09:57

America’s looming trade war with China

What’s really going on is that US corporations operating in China are getting squeezed on big deals, and they don’t like it. So they’re using their political muscle to beat up on China. The Wall Street Journal explains it like this:

“A growing number of U.S. companies feel unwelcome in China, according to a new survey by the American Chamber of Commerce in China...Negative sentiment among Amcham’s members, which traditionally have been a strong lobby in Washington arguing for more engagement with China, adds to wider risks in U.S.-China relations....

Mar 27 09:34

China: Closing for Business?

Why a chill now? Chinese look across the landscape of their economy today and see much that could be improved. After 30 years serving as the workshop of the world, mainly producing low-value goods for foreign brands and distant markets, they want to move up the value chain.

"People feel that foreign brands have taken too much market share," says Wang Yong, director of the Center for International Political Economy at Peking University.

Mar 26 11:34

Taiwan president calls security alert after Korean clash

Webmaster's Commentary: 

It occurs to me that if an asteroid were to hit the Earth right now, it would probably be misinterpreted as an attack and the reaction of the human race would be to promptly nuke itself to death!

Mar 26 07:21

Shanghai reopens Bund after £280m restoration

The stately waterfront, alongside the muddy Huangpu river, was built by the British and was the hub of colonial life in Shanghai until the Japanese invaded the city in 1941.

Tons of stone were shipped in from Hong Kong, marble from England and Italy and bronzework for the facades of some buildings from Somerset.

The bells in the Custom House building, at No13, were forged in Loughborough. The grand buildings were home to the Hong Kong and Shanghai Bank and other financial and trading houses.

Mar 25 05:59

Global National Intelligence Services Confirm Israel Did 9/11 Says Former UN Diplomat and Defense Contractor

Gordon Duff is the senior editor of Veteranstoday.com, a former UN diplomat, a defense contractor, and a global political and economic advisor. He just returned from a trip to Pakistan. Duff was interviewed by Mark McGrath and Phil Cooke on "The Ugly Truth" Radio Program yesterday (03-24-10). Half of Mr. Duff’s family are Jewish and so are most of his friends. He is not anti-semitic. You can listen to the podcast of Mr. Duff's radio interview at the following address: theuglytruth.podbean.com...

Mar 24 21:23

The REAL reason Google is leaving China

Given that Facebook, Twitter and YouTube have no access to the Chinese Internet market, the White House believes that Google alone cannot play a large role in China as it did in Georgia and Iran.

Mar 23 15:42

The new arms race: China planning high-speed rail network to Russia, India, Europe

Something to think about as America decays and the politicians continue to plunder. --ts

Mar 22 05:36

China stirs anti-US feeling ahead of expected Google shut down

A raft of angry articles and editorials in China's state controlled media repeated accusations of "information imperialism" against the US, branding Google's attempts to force the Chinese government to relax censorship rules as "ridiculous".

"Whether (Google) leaves or not, the Chinese government will keep its internet regulation principles unchanged," said a commentary carried by the official Xinhua news agency.

"One company's ambition to change China's internet rules and legal system will only prove to be ridiculous."

Mar 21 10:46

Memo to US: only fools rush in

Similar to the investment chapters in US trade agreements, BITs give foreign investors the right to bypass domestic courts and sue governments in international arbitration tribunals.

The United States has been at limited risk of being the target of such "investor-state" lawsuits because its 40 current treaty partners are nearly all developing economies with little investment in the US market. This lopsidedness has created a one-way street in favour of US corporations operating abroad.

The China negotiations could change all that. Chinese investors have ploughed billions into the US economy, particularly in the financial industry.

Mar 20 06:03

Sandstorms hit Beijing

Tonnes of sand from deserts in China's interior blew into Beijing in the biggest sandstorm this year, shrouding China's capital in a yellow-orange haze that authorities warned made the air quality "hazardous".

There were few people out on streets where pedestrians could taste the dust.

Many of those who had ventured from their homes were wearing face masks, and some left footprints in the yellow film that had settled on the city's streets.

Beijing's weather forecasting bureau gave the air quality a rare "5", or hazardous, rating and added that it was "not suitable for morning exercises".

Mar 15 08:02

Anti-Semitism makes it to China?

Who's to blame for the current global financial crisis? According to a bestselling book in China, which is leading the sales charts in the country, the answer is clear: The Jews.

In the eyes of most Chinese, Jewish people are considered "smart," "rich" and "good at making money." Bookstores in China offer a variety of self-help books titled, "How to make money like Jews," and "The secret of Jews' global success."

Webmaster's Commentary: 

What UTTER NONSENSE, right Mr. Madoff-with-the-loot?

Mar 15 07:36

China's oil demand increase 'astonishing', says IEA

China's demand for oil jumped by an "astonishing" 28% in January compared with the same month a year earlier, the International Energy Agency (IEA) says.

Mar 14 09:11

China wants US reassurance over dollar

China's premier expressed concern about the U.S. dollar and called on Washington on Sunday to take "concrete steps" to reassure Beijing about the safety of its huge Treasury bond holdings...

Mar 13 07:18

Video: Is Catastrophe Ahead for US-China Relations? – Michel Chossudovsky

United States-China relations are on the rocks recently, China says that they have been seriously disrupted. Essentially, China feels that it is being threatened by the United States and this has been mounting since 1999. The threats are coming in the form of diplomacy, however Michel Chossudovsky says that the United States also has missiles pointed at Chinese cities.

Mar 12 08:25

China hits back at Obama over currency policy

China on Friday hit back at an attack from US President Barack Obama over currency policy, saying the yuan's value was not a political one and was not the key to global trade imbalances.

Mr Obama on Thursday called on China to adopt a "market-oriented" exchange rate policy, increasing the pressure on Beijing to allow the yuan - effectively pegged to the dollar since mid-2008 - to appreciate.

Mar 11 05:45

'Google prepared to quit China over censor feud'

A top Google executive reaffirmed Thursday that the Internet giant is prepared to leave China if Beijing says it must censor Web searches or quit the country.

"Google is firm in its decision that it will stop censoring our search results for China," Google vice president and deputy general counsel Nicole Wong told a key US House of Representatives Committee.

Mar 10 14:27

China is being threatened by the United States says Michel Chossudovsky

China is being threatened by the United States says Michel Chossudovsky

United States-China relations are on the rocks recently, China says that they have been seriously disrupted. Essentially, China feels that it is being threatened by the United States and this has been mounting since 1999. The threats are coming in the form of diplomacy, however Michel Chossudovsky says that the United States also has missiles pointed at Chinese cities.

Mar 09 08:38

Chinese project envisions London to Beijing in two days by train.

Rail travel between London and Beijing in just two days could be possible within a decade through an ambitious Chinese project.

The Asian power wants to build the 200mph 'Orient Express-style' rail line through Europe, the Middle East, India and Asia, paying for the entire scheme in return to access to the natural resources of the countries it travels through.

Mar 09 03:04

US – China: Provoking the Creditor, Hugging the Holy Man

The Obama Administration has heightened tensions with China through a series of measures which can only be characterized as major provocations designed to undermine relations between the two countries. These provocations include political support for separatist movements, such as the US-funded theocratic-monk led Tibetan secessionists and the Washington-based Uyghur secessionists, as well as through the $6.4 billion-dollar advanced arms sales to Taiwan, a virtual protectorate of the US Navy. President Obama has publicly met with and openly backed these separatist and secessionists groups, flaunting Washington’s refusal to recognize China’s existing borders.

Mar 08 14:53

Cyberwar declared as China hunts for the West’s intelligence

Urgent warnings have been circulated throughout Nato and the European Union for secret intelligence material to be protected from a recent surge in cyberwar attacks originating in China.

The attacks have also hit government and military institutions in the United States, where analysts said that the West had no effective response and that EU systems were especially vulnerable because most cyber security efforts were left to member states.

Nato diplomatic sources told The Times: “Everyone has been made aware that the Chinese have become very active with cyber-attacks and we’re now getting regular warnings from the office for internal security.” The sources said that the number of attacks had increased significantly over the past 12 months, with China among the most active players.

Mar 08 10:55

Quadra, Chinese utility in Chilean joint venture

Quadra Mining said on Monday it has agreed to form a joint venture with China's largest utility company to help expand its Chilean operations and fund its huge Sierra Gorda copper project, which is expected to cost over $2 billion.

The Canadian miner signed a memorandum of understanding with State Grid International Development Ltd, a wholly owned subsidiary of State Grid Corp of China. The joint venture will develop and operate Quadra's Sierra Gorda project and the Franke mine in northern Chile.

===

I wonder how long it will be before the US attacks Canada for terrorism?

Mar 08 08:00

China Snubs Israeli Calls for Iran Sanctions

The prime minister of contract murder, Binyamin Netanyahu, was not long permitted to rejoice over the agreement to sanction Iran which he had wrested from the Russian leadership. A few days later, China made it clear that it would in no case help to carry out such sanctions. Consequently, Netanyahu believed it necessary to pay a visit to the Chinese leadership, in order to bring them on course through an Israeli word of command.

But the Chinese leadership did not even once want to see Netanyahu. So “Bibi” had to stay home. On Feb. 25, 2010, Israel sent a high-ranking government delegation to Beijing, including Vice Premier Moshe Yaalon, as well as the currency bank chief, Stanley Fischer, in order to move the Chinese leadership to hard sanctions against Iran.”

Mar 07 10:05

China ready to end dollar peg

The head of China’s central bank has given the strongest signal yet that the country will move away from pegging its currency to the dollar, but he said any changes would be gradual.

Mar 05 08:01

CNN: 'Communism Good For Women'

CNN claims Communism has been good for women.

China has 32million more men aged under 20 than women, according to a paper published last month by Therese Hesketh, of University College London. Her latest research suggests that rural areas where the imbalance is at its greatest will be further affected because women are "marrying out" into cities

Mar 03 13:48

Green Stimulus Jobs Going to China?

Mar 01 11:28

Israel shows China evidence of Iran bomb program

An Israeli delegation that traveled to Beijing last week presented detailed intelligence on Iran's nuclear program in an attempt to persuade China that Tehran seeks atomic weapons, a senior diplomatic source told Haaretz.

Webmaster's Commentary: 

As a nuclear power themselves I would be very surprised if China fell for this, unless they had sold out Iran to Israel and needed political cover.

Mar 01 04:55

Chinese fluoride is a homeland security matter

The Pure Water Committee of Western Maryland Inc. was formed in 1960 as a grass roots network of citizens with a 50-year-old mission to educate the public of the complete fraud of the practice called water fluoridation.

Recently, it has come to my attention in an engineering report for the city of Boulder, Colo., that they did an evaluation of fluoridation chemicals and sources and found that much of the fluoride chemicals used for water fluoridation are now coming out of China with arsenic and lead levels of 50 and 40 milligrams respectively per bag and non-existent regulatory monitoring of the salt or acid compounds from these imports.

Mar 01 04:52

BRZEZINSKI’S LAMENT ‘JEWISH LOBBY CONTROLS OBAMA’

SEEKING A GLOBAL SHOWDOWN with Russia and China, Zbigniew Brzezinski, who is recognized and feared by Zionist Jews as Obama’s foreign policy adviser, is intent on bringing Iran back into the Western orbit. In Brzezinski’s world view, Iran could be a valuable US asset to be played against Russia and China.

Even with his protege at Defense, Robert Gates, and his reputation as a global strategist, Brzezinski has all but admitted that he simply does not possess the influence to override the power the Jewish lobby wields over Obama’s decision-making in foreign affairs.

Feb 27 22:42

US diplomats to visit China for talks on ties

China said on Saturday that two US diplomats will visit this coming week to discuss the two countries' relations, which have been strained recently on several issues.

The statement posted on China's Foreign Ministry Web site quoted spokesman Qin Gang as saying Deputy Secretary of State James Steinberg and Senior White House Asia adviser Jeffrey Bader will be in China from Tuesday through Thursday.

Feb 24 07:40

Concerns grow over China's sale of US bonds

Evidence is mounting that Chinese sales of US Treasury bonds over recent months are intended as a warning shot to Washington over escalating political disputes rather than being part of a routine portfolio shift as thought at first.

Webmaster's Commentary: 

Or maybe the Chinese got pissed off about those gold bars with tungsten cores?

Feb 23 14:19

Concerns grow over China's sale of US bonds

Evidence is mounting that Chinese sales of US Treasury bonds over recent months are intended as a warning shot to Washington over escalating political disputes rather than being part of a routine portfolio shift as thought at first.

A front-page story in the state’s China Information News said the record $34bn sale of US bonds in December was a "commendable" move. The article was republished by the National Bureau of Statistics, giving it a stronger imprimatur.

Feb 22 07:19

‘US determined to encircle China with anti-missile systems’

With its proposed weapon deal with Taiwan, the US appears determined to encircle China with American-built anti-missile systems, Chinese military experts have observed.

Taiwan became the fifth global buyer of the Patriot missile defence system last year following Japan, the Republic of Korea, the United Arab Emirates and Germany.

According to Chinese military strategists, Washington's weapon deal with Taiwan is the key part of a US strategic encirclement of China in the East Asian region.

Feb 19 07:09

China summons US ambassador to protest Barack Obama's meeting with Dalai Lama

Ambassador Jon Huntsman was called in to China's foreign ministry to hear "solemn representations" over the meeting from China's vice Foreign Minister Cui Tiankai, the state-run Xinhua news agency reported.

The rebuke comes after China warned that Washington risked damaging US-China relations if it went ahead with the meeting, however analysts said the China's carefully calibrated response indicated that Beijing was not going to overreact.

Feb 19 04:55

China Dumping US Treasurys: What’s the Message?

This kind of governing cannot last forever and the longer it persists, the more destructive will be its inevitable toppling. The last administration repeatedly warned the Chinese, who were only showing the virtues of good capitalists, not to save as much. That begged the question, who is going to fund our debt if Chinese savers don’t?

We may be about to find out.

Feb 18 09:05

Coming Home: Appliance Maker Drops China to Produce in Texas

Farouk Shami, a Palestinian-born hairdresser who built a $1 billion manufacturing company around a popular line of hair irons, is moving all of his production of hand-held appliances from China to a sprawling new factory here.

The move flies in the face of conventional wisdom, which says gadgets like this are best made in a low-cost country. But, he says, outsourcing has led to a loss of control over manufacturing and distribution.

Feb 16 15:11

China's holding of US Treasuries tumbles

China's holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions.

The drop in China's bond holdings by 34.2 billion dollars or 4.3 percent to 755.4 billion dollars in December also fueled the biggest drop in foreign purchase of short-term US bonds, said the Treasury's latest international capital data report and based on comparative figures.

China's US bond holding decline was also its biggest drop since August 2000 and allowed Japan to regain its position as top holder of American government debt after a 15-month hiatus.

Webmaster's Commentary: 

Birds on a wire ...

Feb 16 15:03

Foreign demand for US Treasury securities falls by record amount as China reduces holdings

Webmaster's Commentary: 

China starts to dump the dollar.

Feb 14 18:14

Lebanon’s next war may also be Syria’s

Media reports in recent days have painted dire scenarios for what is, supposedly, the inevitable conflict between Israel and Hezbollah. Of particular note are persistent indicators that the next round, if or when it comes, will very likely involve Syria as well.

Webmaster's Commentary: 

Here is a scenario.

Israel attacks Lebanon and Syria.

Israel screams for help against the evil aggressors, then when the US sends YOUR kids to die in battle for Israel, Israel launches an attack against Iran.

Russia and China come in on Iran's side.

The US realizes it lacks the conventional forces to successfully wage a new world war and resorts to its nuclear arsenal against Russia and China.

China and Russia retaliate with their nuclear weapons.

The US, Russia, and China are blown back to the stone age.
Israel, laughing at how easy it was to trick the goyim into killing each other off, is now able to use their own nuclear arsenal to blackmail what is left of the world into submission.

Feb 13 01:34

US-China relations could get worse

Feb 12 13:46

Beijing Seen Vacant for 50% as Chanos Predicts Crash

Jack Rodman, who has made a career of selling soured property loans from Los Angeles to Tokyo, sees a crash looming in China. He keeps a slide show on his computer of empty office bu

Feb 11 11:56

China Orders Retreat From Risky Dollar Assets

China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets.

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