CHINA

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.

Feb 10 12:03

The Dumping Begins: Chinese Reserve Managers Notified That Any Non-USG Guaranteed Securities Must Be Divested

It appears that this time China’s posturing is for real. Following up on our earlier post that Chinese military officials want to “punish” America by selling Treasuries, Asia Times Online is reporting that an explicit directive by the Chinese government has notified reserve managers to sell all risky US assets, including asset backed and corporates, and just hold on to explicitly guaranteed Treasuries and Agency debt. And from following TIC data we know that China’s enthusiasm for MBS/Agencies over the past year has been matched solely by that of one Bill Gross.

Feb 10 10:39

China to Sell U.S. Securities

Something big is happening in China which could have a huge effect on the American economy.

On Tuesday, Reuters reported:

Senior Chinese military officers have proposed that their country ... possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.
Now, Asia Times is reporting:

Feb 09 11:08

China PLA officers urge economic punch against U.S.

Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

Feb 08 02:09

China’s hawks demand cold war on the US

MORE than half of Chinese people questioned in a poll believe China and America are heading for a new “cold war”.

The finding came after battles over Taiwan, Tibet, trade, climate change, internet freedom and human rights which have poisoned relations in the three months since President Barack Obama made a fruitless visit to Beijing.

According to diplomatic sources, a rancorous postmortem examination is under way inside the US government, led by officials who think the president was badly advised and was made to appear weak.

In China’s eyes, the American response — which includes a pledge by Obama to get tougher on trade — is a reaction against its rising power.

Feb 07 08:49

Hillary to China: Vote for Iran Sanctions, or Face Gulf Conflagration and Oil Cutoff

Feb 05 12:00

Capability of the People’s Republic of China to Conduct Cyber Warfare and Computer Network Exploitation

Executive Summary

The government of the People’s Republic of China (PRC) is a decade into a
sweeping military modernization program that has fundamentally transformed its
ability to fight high tech wars. The Chinese military, using increasingly networked
forces capable of communicating across service arms and among all echelons of
command, is pushing beyond its traditional missions focused on Taiwan and toward a
more regional defense posture. This modernization effort, known as
informationization, is guided by the doctrine of fighting “Local War Under
Informationized Conditions,” which refers to the PLA’s ongoing effort to develop a
fully networked architecture capable of coordinating military operations on land, in air,

Feb 05 11:52

GhostNet

GhostNet (simplified Chinese: ???; traditional Chinese: ???; pinyin: Y?uLíngW?ng) is the name given by researchers at the Information Warfare Monitor to a large-scale cyber spying[1][2] operation discovered in March 2009. Its command and control infrastructure is based mainly in the People's Republic of China and has infiltrated high-value political, economic and media locations[3] in 103 countries. Computer systems belonging to embassies, foreign ministries and other government offices, and the Dalai Lama's Tibetan exile centers in India, London and New York City were compromised. Although the activity is mostly based in China, there is no conclusive evidence that the Chinese government is involved in its operation.[4]

Feb 05 08:44

Coming to Milwaukee: A Chinese mega-mall?

A Beijing-based company will soon open a Chinese-style mega shopping mall in the most unlikely of places: Milwaukee, Wisconsin.

"The cost of doing business there is very low," said Wu Li, president of Toward Group. "The people are friendly, the environment is peaceful and the pace of living is slow. It is a good place for Chinese enterprises to go abroad."

Feb 05 07:29

The Sword and the Shield: Surround Russia and China with Mobile "Missile Defense" Systems

The latest news is that Romania will be hosting the U.S. Army's ground-based "missile defense" systems. Russia is not pleased with these developments.

These same Army Patriot Advanced Capability-3 (PAC-3) systems are going to be deployed in Taiwan as the U.S. continues its military encirclement of China. U.S. PAC-3 systems have already been deployed in Japan and South Korea.

Feb 04 11:07

China cancels 80% of Iraq debt

Webmaster's Commentary: 

Be nice if someone would cancel OUR debts...

Feb 04 08:58

China Renews Opposition to Iran Sanctions

Reflecting a growing catalog of disputes between Washington and Beijing, a senior Chinese official said Thursday that pressure for tighter sanctions against Iran over its nuclear program could block chances of a diplomatic settlement to the dispute.

Feb 02 06:36

China warns of 'serious damage' if Barack Obama meets Dalai Lama

The warning comes after three weeks of increasingly irate exchanges between the US and China over contentious issues including internet censorship, trade and a decision by the Obama administration to sell £4bn of arms to Taiwan.

Although the Chinese government routinely objects to any foreign leaders meeting the exiled Tibetan spirutal leader analysts say the strength of the latest condemnation reflects genuine anger in Beijing at a perceived hardening of US attitudes towards China.
Zhu Weiqun, a vice minister of the united front work department of China's ruling Communist Party, which steers policy on religious affairs said any meeting would "seriously undermine" the political basis of China-US relations.

Feb 01 14:29

Another U.S. War? Obama Threatens China and Iran

The possibility of yet another U.S. war became more real last week, when the Obama administration sharply confronted both China and Iran. The first aggressive act was performed by Obama’s Secretary of State, Hillary Clinton, who “warned” China that it must support serious economic sanctions against Iran (an act of war).

Clinton said: “China will be under a lot of pressure to recognize the destabilizing effect that a nuclear-armed Iran would have, from which they receive a significant percentage of their oil supply.”

Feb 01 07:37

China attacks US 'Cold War' mentality over Taiwan arms sales

China has accused the United States of 'rude and unreasonable Cold War thinking' over its decision to sell £4 billion worth of arms to Taiwan.
The rhetoric in a series of venemous editorials in the government-controlled media was exceeded by thousands of anti-American comments on China's main internet portals, including a petition against the arms package that attracted more than 50,000 signatures in just a few hours.

Jan 31 08:48

Scenarios: How could China hit back at U.S.?

China has the world's biggest pile of foreign currency reserves, much of it held in U.S. treasury debt. China held $798.9 billion in U.S. Treasuries at end-October, displacing Japan in September 2008 as the largest foreign holder.

But China has shown no sign of trying to use that stake to punish the United States. Doing so, or even hinting that it could, would alarm global financial markets and push down the value of the dollar, thus dragging down the value of China's dollar-denominated assets.

Webmaster's Commentary: 

However, China could potentially de-link its currency peg to the US dollar, which could cause an enormous world of hurt economically here.

Jan 31 07:22

China bugging UK executives to obtain secrets: MI5

China is laying “honey traps” for UK business executives by bugging and burgling them in order to blackmail them into providing sensitive commercial secrets, British intelligence service MI5 has alleged.

The Times quoted a leaked MI5 document, as saying that China’s undercover intelligence officers have approached UK businessmen at trade fairs and exhibitions with the offer of “gifts” and “lavish hospitality”.

Jan 30 08:44

China threatens U.S. sanctions over Taiwan arms

China threatened to impose sanctions on U.S. arms firms and cut cooperation with Washington unless it cancels a $6.4 billion arms sale to Taiwan, in an unprecedented move signaling Beijing's growing global power.

Jan 30 08:43

China suspends military contacts with U.S. over Taiwan arms

China suspended on Saturday military contacts with the U.S. over its plans to sell $6.4 billion worth arms to Taiwan, the official Xinhua agency reported.

Webmaster's Commentary: 

Hillary tried to talk tough to China yesterday. China's canceling of contracts with US companies is the reply.

In a larger scope, since war with Iran will likely mean war with Russia and China, Hillary may have decided to start pissing China off now.

But if the US Government thinks that war with Taiwan can keep China from intervening in Iran, they are sadly mistaken.

Jan 30 08:36

US arms sales to Taiwan raise tensions with China

China has cancelled all military exchanges with the US in a sign of its anger at the proposed sale of advanced missiles and helicopters to Taiwan.
Beijing has also imposed sanctions on the companies selling the arms.

“We made the decision out of considerations on the severe harm of the US arms sales to Taiwan,” said Defence Ministry spokesman Huang Xueping in a statement.
“The US plan will definitely seriously disturb the relations between the two countries.”

Jan 30 04:29

China protests US arms sales, warns of 'serious' impact

China on Friday protested the US decision to sell 6.4 billion dollars in weapons to Taiwan and warned of "serious" damage to relations and cooperation with Washington.

Jan 29 08:29

Hillary Clinton hails 'candid' China Google talks

The United States and China agreed to keep talking about their spat over the internet search engine, following talks on the sidelines of an international conference on Afghanistan.

But while Mrs Clinton characterised the discussion as "a very positive exchange", in Washington the US commerce secretary gave warning that US companies were facing increasing obstacles when trying to do business in China.

Jan 29 07:35

Chinese Banks cut lending for January: First sign of mega depression?

Webmaster's Commentary: 

Did China just pull the plug on US debt?

Jan 27 07:28

China issues warning over US arms sales to Taiwan

Contacts with China's military would likely be the first to suffer if Beijing moves to retaliate over upcoming U.S. arms sales to Taiwan — the latest in a flurry of disputes elevating tensions between Washington and Beijing.

Webmaster's Commentary: 

Unfortunately, our weapons systems are about the only items left other countries want to buy from the US.

Jan 26 06:40

China to lead world scientific research by 2020

Chinese scientists are particularly strong on chemistry and materials engineering, both considered central to the country’s industrial development and economic future.

The number of peer-reviewed papers published by Chinese researchers rose 64-fold over the past 30 years.

China is now second only to the US in terms of academic papers published, and will take first place by 2020 if current trends continue.

It comes after last week’s announcement that China is poised to replace Japan as the world’s second largest economy, behind the US.

Jan 22 09:08

China teen seen as hero for killing local official

When Li Shiming was stabbed through the heart by a hired assassin, few of his fellow villagers mourned the local Communist Party official many say made their lives hell by seizing land, extorting money and bullying people for years.

Instead, villagers in the northern town of Xiashuixi have made Li's teenage killer something of a local hero. More than 20,000 people from the coal-mining area petitioned a court for a lenient sentence.

"I didn't feel surprised at all when I heard Li Shiming was killed, because people wanted to kill him a long time ago," said villager Xin Xiaomei, who says her husband was harassed for years by Li after the two men had a personal dispute. "I wanted to kill Li myself, but I was too weak."

Webmaster's Commentary: 

Coming to an arrogant self-important bureaucrat near you?

Jan 20 08:56

U.S.-China Military Tensions Grow

Even though the U.S. military budget is almost ten times that of China's (with a population more than four times as large) and Washington plans a record $708 billion defense budget for next year compared to Russia spending less than $40 billion last year for the same, China and Russia are portrayed as threats to the U.S. and its allies. China has no troops outside its borders; Russia has a small handful in its former territories in Abkhazia, Armenia, South Ossetia and Transdniester. The U.S. has hundreds of thousands of troops stationed in six continents.

Jan 19 14:31

Google China hacks 'a possible inside job'

Cyber attacks against human rights activists could have been facilitated by people working in Google's China office, say reports

Jan 15 06:25

Banned in China: what the regime doesn't want its people to see

Google’s threat yesterday to stop censoring search results on its Google.cn site raises the question of just what the regime is censoring. As we reported yesterday, China has increasingly sophisticated tools – known as the ‘Golden Shield’ or the ‘Great Firewall of China’ – available to monitor and limit web traffic. The sites that are blocked vary over time but there are some common themes.

Jan 14 14:46

China sending lower level rep to six-power meet on Iran

China will send a lower-level representative to a meeting of six world powers on Iran's nuclear program, a State Department spokesman said Thursday.

"We are aware that the representation will be below the level of political director," State Department spokesman Philip Crowley said. "It will be a useful meeting to have regardless of the Chinese representation."

Webmaster's Commentary: 

China is sending a messenger with a back channel or "sub rosa" message to the Iran Six, most likely a reminder that China will not tolerate any more interference with the middle east.

Jan 13 15:23

Google to end censorship in China over cyber attacks

Google, the world's leading search engine, has thrown down the gauntlet to China by saying it is no longer willing to censor search results on its Chinese service.

The internet giant said the decision followed a cyber attack it believes was aimed at gathering information on Chinese human rights activists.

The move follows a clampdown on the internet in China over the last year, which has seen sites and social networking services hosted overseas blocked – including Twitter, Facebook and YouTube – and the closure of many sites at home. Chinese authorities ­criticised Google for supplying "vulgar" content in results.

Jan 13 07:33

Google threatens to pull out of China

Google, the internet search engine, has said it is ready to close down its business and quit China because of the country's increasing censorship.

In a head-to-head confrontation with the Chinese government, the company said that it will pull out of the country unless it is allowed to provide a totally uncensored service.

Jan 12 19:55

Google may exit China after 'highly targeted' attack

Google plans to curb its controversial practice of censoring search results in China after uncovering a "highly sophisticated and targeted attack" designed to steal information about human rights activists from its Gmail service and at least 20 other large companies.

The attack that hit Google in mid-December originated in China and was aimed at accessing the Gmail accounts of human rights activists. Although only two email accounts appear to have been breached, "accounts of dozens of US-, China- and Europe-based Gmail users who are advocates of human rights in China" have been routinely breached, most likely as a result of phishing or malware attacks, the company said Tuesday.

Jan 12 10:43

On Asia-Pacific trip, Hillary Clinton downplays U.S.-China friction

Secretary of State Hillary Rodham Clinton on Monday played down friction between the United States and China, saying she thinks the countries have a "mature" enough relationship to be able to handle differences of opinion.

Webmaster's Commentary: 

Like the $1 trillion loan from China the US just defaulted on?

Jan 12 10:16

USA WILL NOT REPAY $1 TRILLION DEBT TO CHINA

Jan 11 06:58

China car sales top U.S.

China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.

The figures came as PSA Peugeot Citroen of France said markets were expected to show signs of recovery around the world in 2010, while Volkswagen AG said it aims to at least double its U.S. sales in coming years.

===

And to think that in China they have problems finding enough space on the road for a bicycle.
Try to imagine my complete and utter lack of surprise.

Jan 10 09:01

China becomes biggest exporter

China has overtaken Germany as the world's biggest exporter of goods after exports rose for the first time in 14 months, data has shown.

Webmaster's Commentary: 

This is how you make a nation prosperous' you make products that other nations wish to buy!

Starting about 40 years ago, the United States forgot this most basic economic principle. A generation of managers trained by MBA programs to not respect manufacturing grew up to be CEOs with no respect for manufacturing. Instead of making products to make money they made money the product, treating it like a commodity, packaging it, decorating it, and shifting it back and forth at high speed in the hopes such shaking would make the money grow by magic.

Of course all that really happened is that the Goldman Sachs and Bernie Madoffs simply skimmed off the cream as the cash flowed by and while the sharpsters, grafters, and operators grew fabulously rich the nation as a whole went into a decline. Our cultural admiration went to criminals who seemed to make money appear out of thin air, and our disdain fell on anyone with grease under their fingernails. Manufacturing became equated with lower class. Wealth by any means was the sign of the elect. Even today there are many who still admire Bernie Madoff and Ken Lay for the cleverness they showed in strip-mining the families of America.

The greatness of a nation is not how many tanks and bombs it can make but how many cars, microwave ovens, and heavy appliances it can sell around the world.

America has fallen from that pantheon long ago.

Jan 10 07:06

NEWSFLASH: China Becomes World's Largest Exporter

China 'overtakes Germany as world's largest exporter

China's exports rose 17.7% in December, state media has reported, suggesting the country has overtaken Germany as the world's largest exporter.

Jan 08 07:04

More than 106,000 officials punished in first 11 months of 2009: official

About 2.6 percent of those punished by the CPC were expelled from the Party and referred for prosecution for embezzlement or bribery, Gan said.

Webmaster's Commentary: 

We need something like that here in the US, I think!

Jan 07 17:12

Russia, China, Iran redraw energy map

The inauguration of the Dauletabad-Sarakhs-Khangiran pipeline on Wednesday connecting Iran's northern Caspian region with Turkmenistan's vast gas field may go unnoticed amid the Western media cacophony that it is "apocalypse now" for the Islamic regime in Tehran.

The event sends strong messages for regional security. Within the space of three weeks, Turkmenistan has committed its entire gas exports to China, Russia and Iran. It has no urgent need of the pipelines that the United States and the European Union have been advancing. Are we hearing the faint notes of a Russia-China-Iran symphony?

Jan 07 09:12

China blocks Iran sanctions over its nuclear plans

CHINA HAS blocked western efforts to impose a fresh round of UN sanctions on Iran over its nuclear programme, saying diplomatic efforts to stop Tehran building atomic weapons are ongoing.

Jan 06 04:20

America is losing the free world

Ever since 1945, the US has regarded itself as the leader of the “free world”. But the Obama administration is facing an unexpected and unwelcome development in global politics. Four of the biggest and most strategically important democracies in the developing world – Brazil, India, South Africa and Turkey – are increasingly at odds with American foreign policy. Rather than siding with the US on the big international issues, they are just as likely to line up with authoritarian powers such as China and Iran.

Jan 05 21:21

Committing treason for a piece of the pie

Committing treason for a piece of the pie
By Peter Chamberlin
Jan 5, 2010, 00:23
In the greatest fraud ever perpetrated upon any force of patriotic fighting men in the history of the human race, over 2 million men and women have been sent to fight and die in wars where victory was never possible, by government mandate. This has been a hallmark of America’s wars, set by the first Pres. Bush in his Gulf war. No useful assets like Saddam Hussein (or the Taliban, for that matter) can be eliminated in our wars of conquest. We are only interested in reeling in those who think that they are beyond control, restoring the balance of power, the balance of terror.

Jan 05 15:21

China rules out new U.N. sanctions on Iran for now

China's U.N. ambassador on Tuesday dashed Western hopes for a swift agreement on a fourth round of U.N. sanctions against Iran over its nuclear program, saying the issue requires more "time and patience."

Jan 03 11:23

The US and China: One Side is Losing, the Other is Winning

Asian capitalism, notably China and South Korea are competing with the US for global power. Asian global power is driven by dynamic economic growth, while the US pursues a strategy of military-driven empire building.

James Petras | January 3, 2010

One Day’s Read of the Financial Times

Jan 02 08:50

Concern as China clamps down on rare earth exports

Neodymium is one of 17 metals crucial to green technology. There’s only one snag – China produces 97% of the world’s supply. And they’re not selling.

Webmaster's Commentary: 

Get ready for a Chinese crotch-bomber, followed by the invasion.

Dec 30 11:55

PetroChina Wins Approval for $1.8 Billion Canadian Acquisition

Dec. 30 (Bloomberg) — PetroChina Co. won the approval of the Canadian government for its C$1.9 billion ($1.8 billion) bid to buy a stake in two Alberta oil-sands projects, its biggest North American acquisition.

The purchase by China’s largest oil company of a 60 percent share in Athabasca Oil Sands Corp.’s MacKay River and Dover oil- sands projects “is likely to be of net benefit to Canada,” Industry Minister Tony Clement said in a statement yesterday.

Dec 30 09:13

China resets terms of engagement in Central Asia

Nursultan Nazarbayev has a way of drawing lines in the sand. The president of Kazakhstan recently told global oil and metal majors that new laws would allow only those foreign investors that cooperate with his industrialization program to tap his nation's mineral resources.

Nazarbayev's message was direct: Western investors could keep their money if interested only in exploiting Kazakhstan's mineral wealth. The president was speaking as a momentous event in the history and politics of Central Asia was resetting the terms of engagement for foreigners in the region: the development of an ambitious 7,000 kilometer pipeline to link the region's gas fields to cities on China's eastern seaboard.

Webmaster's Commentary: 

Please note: China is making deals to get the energy upon which its future development will depend.

The US is waging wars without end to achieve the same outcome, bankrupting itself in the process.

What's wrong with this picture, from a standpoint of the mere survival of the United States of America?

Everything!

Dec 29 04:45

China Unveils the World’s Fastest Super High-Speed Train

China on Saturday launched what it described as the world’s fastest super high-speed train. The new bullet train runs at an average speed of 217 miles-an-hour, and can reach up to 245 miles-an-hour, cutting the 1,068 kilometers (664 miles) journey time between Wuhan in central China and Guangzhou in the country’s south (a business hub near Hong Kong) from the original 9 hours to about 3 hours.

Dec 27 19:27

Appeals to China Intensify in Effort to Spare Briton

It was in this suitcase, Reprieve has said, that customs officials at Urumqi found nearly nine pounds of heroin. Chinese law imposes the death penalty for anyone found smuggling more than 50 grams of heroin, less than two ounces.

Dec 25 07:29

China and Russia may mean more Spielberg

Seeing some recent news and developments on the Middle East game of “Smoke and Mirrors”, a game that the U.S. taxpayer funds and the U.S. government serves a key role. One of the many reasons the United States of America is hated across the globe. We have discussed how critical China and Russia are for the future of the Middle East, especially in Iran which already has close diplomatic and economic ties with Russian and China (two veto wielding, permanent members of the U.N. Security Council). See our Putin back to the Kremlin? post...

Dec 21 08:51

Turkmenistan-China pipeline changes energy balance

China has arrived in Central Asia. That is the unmistakable lesson of the opening of the Turkmenistan-China gas pipeline on December 12.

The 1,833 kilometre pipeline, which will carry up to 40 billion cubic metres (bcm) of gas, also traversing Kazakhstan and Uzbekistan before linking into China’s network in Xinjiang, was formally agreed only in April 2006. The construction of such an ambitious project in a relatively limited time-frame is a concrete demonstration of Beijing’s push to secure the region’s natural resources.

Webmaster's Commentary: 

China is making deals to make their energy infrastructure secure.

The US is fighting wars to (allegedly) accomplish the same thing.

What's wrong with this picture, in terms of US energy infrastructure?

Everything.

Dec 19 09:33

Chinese debate positive side of global warming

Academics in China are debating whether global warming could benefit rather than harm the country, with some historical climatologists believing the country did better during warmer periods.

They point to studies that show a drop in temperature and desertification accelerated the Mongol invasions of the 13th century.

"With the cold temperatures there was a drought in Mongolia. Since people were eating livestock, which fed on the grasslands, they needed to go south," Xie Zhenghui of the Chinese Academy of Sciences' International Center for Climate & Environmental Sciences told the Los Angeles Times.

Dec 19 06:37

A Visual Comparison of United States

Russia vs United States: A Visual Comparison

Dec 16 06:19

Any Climate Treaty Which Does Not Dramatically Reduce Soot Is Not Worth the Paper It's Written On

Do you remember the stories a couple of years ago about all of the dust coming from China?

There were headlines such as:

* China dust shows up on U.S. peaks

* China dust cloud circled globe in 13 days

Unfortunately, it's not just dirt. It's also soot, or "black carbon".

Dec 15 17:11

China starts building world's longest sea bridge

The 31-mile-long bridge will link Hong Kong to the Chinese mainland and the gambling centre of Macau in a giant Y-shape.

The project has been criticised as unnecessarily expensive, but officials said it was expected to create economic benefits of more than £3.5 billion during its first 20 years.

Due for completion in 2016, the bridge will be designed to withstand tropical typhoons with winds up to 125mph, with almost 22 miles of its length crossing the open sea.

Dec 14 11:04

Officials: World power meeting on Iran canceled

Setback in efforts to present unified front against Tehran's nuclear program as China asks to cancel meeting of five world powers, citing scheduling problems. In Vienna, Defense Minister Barak urges world to agree to tough new sanctions while suggesting that military strikes remain an option

Webmaster's Commentary: 

Israel losing the ability to order other nations to fight its wars?

Dec 12 10:32

China's Hu kicks off tour of energy-rich Central Asia

Chinese President Hu Jintao opened the Kazakh section of a gas pipeline from Central Asia on Saturday, as he kicked off a tour highlighting Beijing's growing influence over the region's energy resources.

"With the launch of this pipeline, it is like the ancient Silk Road has been restored," said Kazakh President Nursultan Nazarbayev, referring to a medieval trading route linking East and West.

Webmaster's Commentary: 

China's been making deals to get the energy its growing economy needs in Central Asia and Africa; the US has been using the tools of invasion and occupation to achieve the same ends, resulting in thousands of our kids in the military getting killed and maimed for life.

Dec 10 05:48

China's empty city

Dec 08 06:05

Made in China - millions of years ago

When Harry Kreigstein bought a mysterious fossil encased in 150lb of rock at a palaeontology show six years ago, he was convinced it was special. It didn't disappoint.

Once the rock was stripped away, the fossilised animal was revealed to be a missing link in the ancestry of Tyrannosaurus rex, king of the ancient predators. Almost identical to the giant killer, yet just a fraction of the size – and 60 million years older – its discovery astonished scientists.

Dec 06 17:22

China pays web surfers to find porn: Report

Chinese authorities have offered rewards of up to 10,000 yuan (1,465 dollars) to Internet users who report websites that feature pornography, state media reported Sunday.

However, the censors' latest campaign against content that harms public morality appears to have encouraged Internet users to look for porn online.

Dec 06 07:07

Taiwan's pro-China movement suffers blow

The poor showing by President Ma Ying-jeou in a round of local elections comes just weeks before China and Taiwan are due to hold a fourth round of talks aimed at deepening economic integration across the Taiwan strait.

President Ma has aggressively pushed forward links with the mainland since being elected 18 months ago, but the moves have raised popular fears that democratic Taiwan risks being swallowed up by its powerful, autocratic neighbour.

Nov 28 08:47

China Losses Inevitable as Dollar Weakens, Ex-PBOC Adviser Says

China’s foreign-exchange reserves face a “triple whammy” as inflation, oversupply and the “inevitable” decline of the dollar threaten to erode the value of its holdings of U.S. Treasuries, said Yu Yongding, a former adviser to the Chinese central bank.

China needs to divert its trade and investment surpluses away from U.S. debt if it is unable to reduce them, Yu, a member of the central bank’s monetary policy committee from 2004 to 2006, said in a speech in Melbourne last night. The nation, with the world’s largest foreign-exchange reserves of $2.3 trillion, is the U.S.’s biggest creditor, holding $798.9 billion of Treasuries as of September.

Nov 27 05:13

Uncle Samuelstein to the rescue!

President Obama recently took a trip to China and the whole world knew about it. That is the kind of thing Presidents do, though the Dalai Lama visit proved too politically charged to pull off. As the most populous country in the world, the Peoples Republic of China is also the largest communist system in the world, the soon to be largest exporter in the world. Most of us buy ‘made in China’ products all the time. So President Obama really just had to drop by...

Nov 26 21:21

Report: US Warned China That Israel Could Attack Iran

An American warning that Israel could bomb Iran is what caused China to reconsider its stance over the Iranian nuclear program and may have paved the way for new sanctions against the Islamic republic, the Washington Post reported Thursday.

The Americans have been trying for some time to get China to join the camp of countries supporting tougher sanctions against Iran. According to the report, two weeks before US President Barack Obama visited China a week and a half ago, two senior White House officials – Dennis Ross and Jeffrey Bader – traveled to Beijing on a “special mission” to try to persuade China to pressure Iran to give up its alleged nuclear weapons program.

Nov 25 22:08

Thankful on Thanksgiving

While many Americans attempt to be thankful for anything in these trying and evil times, I am truly thankful there are people like Mike, who has created this site to fight for truth and decency against the murderous, hateful, worst examples of our species.

As we remember and reflect upon the gratitude we feel for the wonder that is in our lives, and the people whose talent, love, and inspiration guides us, this is for Mike Rivero, a true American hero and a beacon for the world.

Thanks MIke.

Joe

Nov 25 22:08

Thankful on Thanksgiving

While many Americans attempt to be thankful for anything in these trying and evil times, I am truly thankful there are people like Mike, who has created this site to fight for truth and decency against the murderous, hateful, worst examples of our species.

As we remember and reflect upon the gratitude we feel for the wonder that is in our lives, and the people whose talent, love, and inspiration guides us, this is for Mike Rivero, a true American hero and a beacon for the world.

Thanks MIke.

Joe

Nov 24 09:28

What if China did to the US what the US has done to Iran? An analogy to help embrace facts

Would it help to understand the facts to imagine if the US was in Iran’s position? Let’s find out with the following scenario of the current US role being played by China, and Iran being played by the US. It’s all based on the conservative history (non-contested as far as I know) of what the US has done to Iran and documented here. This is written from an American perspective.

Nov 22 05:31

China harnesses mountain wind power

In the mountains above the southwestern Chinese town of Dali, dozens of new wind turbines dot the landscape -- a symbol of the country's sky-high ambitions for clean, green energy.

At an altitude of 3,000 metres (9,800 feet), Dali Zhemoshan is the highest wind farm in China, where renewable energy has become a priority for a government keen to reduce its carbon emissions and which has taken full advantage of the global trade in carbon credits.

Nov 19 05:34

Obama's China visit leaves dissidents disappointed

Obama spoke about his belief in "universal rights" during a town hall meeting with Chinese youth in Shanghai on Monday and again Tuesday at a press conference with President Hu Jintao, but dissidents said it was not enough.

"At first, I had a lot of hope for human rights, for Tibet and for Xinjiang," said Woeser, a female Tibetan writer who goes by only one name and is a vocal critic of China's policies in the Himalayan region.

Nov 18 06:17

Wen tells Obama that China seeks balanced trade

China wants to balance its trade relationship with the US, Wen Jiabao, the Chinese premier, told President Barack Obama on Wednesday ahead of talks aimed at easing fraying trade relations between the two countries.

"Dialogue is better than confrontation and partnership is better than rivalry," Mr Wen said before the meeting at which Mr Obama is understood to have raised the contentious issue of China's undervalued currency.

Nov 18 06:14

Barack Obama visits Great Wall of China

Mr Obama walked along the popular Badaling section of the wall outside Beijing under tight security in wintry temperatures following a working lunch with Wen Jiabao, China's prime minister.

"It's a reminder of the ancient history of the Chinese people," Mr Obama said of the structure designed to keep foreign invaders out of the country.

Nov 17 05:51

China: talks between Barack Obama and Hu Jintao yield few agreements

Speaking after the talks which formed the centrepiece of Mr Obama's five day tour of Asia, the two presidents laid out their separate positions on key issues during a press conference at which no questions were allowed.

Trade protectionism was high on the agenda with the US and China currently embroiled in its worst round of trade spats since China entered the World Trade Organisation in 2002.

Nov 16 07:53

Obama Talks Human Rights in China

For President Obama, speaking openly about the Chinese government's human rights record during a town hall meeting on its own soil was an exercise in moderation.

Webmaster's Commentary: 

It was an exercise in hypocrisy coming from the nation that wiretaps its citizens, engages in torture and imprisonment without trial, show trials (see New York), and "Free Speech Zones".

Nov 16 07:46

China Criticizes U.S. Financial Management During Obama Visit

China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.

Nov 16 07:02

Barack Obama criticises censorship in meeting with Chinese students

Mr Obama told an audience of 400 Chinese students that freedom of "expression, and worship, of access to information and political participation" were "universal rights".

He said: "They should be available to all people, including ethnic and religious minorities, whether they are in the United States, China or any nation".

Nov 14 07:48

China dissidents 'detained ahead of Obama visit'

China has detained several dissidents and campaigners ahead of US President Barack Obama's much-anticipated first visit to the country, their relatives and close contacts told AFP Saturday.

Nov 13 10:13

Chinese Lien on US Treasury

The Chinese parties were signing papers at the World Court on 11th November 2009, following preparatory activity on 10th November, to execute their LIEN on the US Treasury. As one of the key aggrieved Beneficiary Owners of the loaned 10,000 tonnes of gold and the currency boxes etc., the World Court powers will enable them to seize US assets around the world within their jurisdictions and probably even on the high seas and at airports, to the value of the stolen/diverted assets.

Nov 12 07:53

China hints at currency appreciation before Barack Obama arrives

Mr Obama has said that currency will be a key part of his talks with Hu Jintao, the Chinese president. The exchange rate of the yuan has been frozen against the dollar for the past 16 months.

"Currency, along with a host of other issues, will come up, and I'm confident that both the United States and China can arrive at a broad set of policies that encourages trade that benefits both countries," said Mr Obama.

Nov 12 06:03

China sets plan to let currency move higher

China signalled it will allow its currency to appreciate against the U.S. dollar, bowing to international pressure days ahead of a visit from U.S. President Barack Obama.

The move to allow the yuan to rise against the greenback would provide much-needed relief to countries trying to compete against China's mighty export machine and put further downward pressure on an already battered U.S. dollar.

Nov 07 05:43

Chinese anger at sale of Qing Dynasty seal

The green jade seal, belonging to the emperor Qian Long (1736-1795) fetched £3.6 million, six times its estimate, at the auction on Wednesday following frantic bidding by eight competing collectors.

News of the sale was greeted with anger on the Chinese internet, where the country's growing nationalism frequently finds its voice.

Nov 06 08:06

Jobs Question Jeopardizes Wind Farm’s Stimulus Deal

The Green Economy at work!

Nov 03 22:55

US/China Military partnership is treason, Not symbolic "friendship"

Chinese general on a long march
By Peter J Brown, Nov 3, 2009
The United States and China are warming up - at least symbolically - their military ties ahead of United States President Barack Obama's first official visit to China in mid-November. In late October, General Xu Caihou, the second-highest ranking officer in the Chinese People's Liberation Army (PLA), started a long trip to the US....Xu was also accompanied by General Ma Xiaotian, deputy chief of general staff of the PLA, Lieutenant General Zhao Keshi, commander of the Nanjing Military Area Command, and Rear Admiral Jiang Weilie, chief of staff of East Fleet of the PLA Navy, among others.

Nov 02 09:26

An orderly decline

The financial crisis has pushed the issue of the dollar’s status as the world’s reserve currency to the forefront of the market’s agenda. And as ultra-loose US fiscal and monetary policies have weighed on its value, so calls for an alternative to the US currency as the world’s numeraire have increased.

Oct 30 06:38

The Not-So-Great Mall of China: Welcome to the world's largest (and loneliest) shopping centre

Dick Groves, a retail consultant based in Hong Kong, said the failure of the New South China Mall was down to inexperience in leasing business and an undisciplined financial system.

'When it's easy to get financing without having to convince someone of the project's feasability, and without having to show pre-leasing commitment, you can start to get into trouble,' he told The National.

Oct 29 13:10

Amazing Pictures, Pollution in China

Oct 25 11:05

Key China box index drops for first time since June

Alarm bells are ringing for liner firms as one of the most accurate gauges of the container index fell for the first time in more than four months Friday.

Oct 16 09:14

Obama loosens missile technology controls to China

President Obama recently shifted authority for approving sales to China of missile and space technology from the White House to the Commerce Department -- a move critics say will loosen export controls and potentially benefit Chinese missile development.

The president issued a little-noticed "presidential determination" Sept. 29 that delegated authority for determining whether missile and space exports should be approved for China to Commerce Secretary Gary Locke.

Webmaster's Commentary: 

One has to wonder what the "quid pro quo" here was.

China has been very nervous recently about its dollar holdings, and given the current sorry state of US currency, who can blame them?

Was this move made to cause them not to dump dollar holdings in the short term?

Oct 16 09:11

Chinese leader's comments dash Iran sanction hopes

Premier Wen Jiabao said Thursday that China intends to strengthen its cooperation with Iran, an indication Beijing would oppose growing calls in the West for additional sanctions against the Islamic regime for its nuclear program.

Oct 15 11:08

Video: China forges links with Iran

Oct 14 18:21

Money and Mandarin lessons fuel China's African invasion

Chinese trade with Africa has grown from less than £6.3bn at the beginning of the decade to pass £60bn at the end of last year – only the European Union and the US do more business.

There are now some 800 Chinese companies operating in Africa and the investors in talks in Conakry are not from Beijing but from the Hong Kong-based China Investment Fund. Yet only two months ago officials in Beijing said that China would not be investing in Guinea.

Webmaster's Commentary: 

Notice how the writers of this article characterize the emergence of Chinese business in Africa as an "invasion", as though deal making was somehow inferior to military attack and occupation to get the geopolitcal outcomes a foreign country wants to have happen here.

Oct 13 01:35

Jim Rogers on the Next 10 Years

I’m moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers yesterday.

Now don’t get me wrong – Mr. Commodities wasn’t all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn’t sugarcoat things – he’s very matter-of-fact about his concerns and projections for the future. And most of them don’t bode well for the U.S.

I’ll be posting an interview with Jim Rogers on the site in the coming week, but for now, I just wanted to offer some highlights from his speech at ETF Securities' mini-conference and the Q&A that followed.

Oct 12 06:20

As Economy Grows, So Do China's Garbage Woes

Downside to economic boom: China wonders what to do with all its garbage

More than 100 dump trucks piled high with garbage line the narrow road leading to Zhanglidong, waiting to empty their loads in a landfill as big as 20 football fields.

Oct 08 07:56

Western media steps up pressure on China over Iran

In the case of the US, it is precisely the lack of economic ties that is driving its confrontation with Iran. One only has to ask the question: what would happen if relations with Iran were normalised and sanctions lifted? Immediately there would be a scramble for economic position and political influence in Tehran by all the major powers. The US, which has no diplomatic relations with and virtually no trade and investment in Iran, would be starting with a major disadvantage. Confrontation and sanctions, on the other hand, serve to undermine the position of US rivals.

Webmaster's Commentary: 

So, the US Government is bashing Iran to prevent the rest of the world from gaining an economic advantage over the US?

Now THERE's a great reason to let your children be killed and crippled!

Oct 06 12:21

China Has Already Walked Away from Derivatives Contracts

Chinese banks defaulted. They may have been partially motivated by U.S. malfeasance in the capital markets that caused losses in Asia. The U.S. squandered its credibility and our cover-ups have done nothing to restore it.

Oct 02 01:38

Ron Paul Warns of Violence from Pending Dollar Crisis; Says Israel Strike on Iran the Trigger

Scary times ahead? Perhaps, if you take credence in what Rep. Ron Paul, R-Texas, says.

Paul, who had a strong grassroots following during the 2008 presidential election, explained on Glenn Beck’s Sept. 30 radio program that perilous times lie ahead due to the Federal Reserve’s loose monetary policy. Host Glenn Beck asked how an Israeli strike against Iran might trigger problems with the American financial system.

Sep 24 18:46

China hostile to Iran sanctions

China signalled its hostility to new sanctions on Iran over its nuclear programme yesterday, even as western powers intensified their drive to increase pressure on Tehran.

A day after foreign ministers from the world's big powers - including China itself - called on Tehran to deliver a "serious response" to their offer of negotiations over the nuclear programme, Beijing highlighted its misgivings on a tougher stance. "China always believes that sanctions and pressure should not be an option and will not be conducive to the current diplomatic efforts over the Iran nuclear issue," said Jiang Yu, a foreign ministry spokeswoman.

Sep 23 15:49

China, Russia wouldn't block new Iran sanctions:EU

EU foreign policy chief Javier Solana said on Tuesday he did not expect Russia and China would oppose Western powers if they call for new sanctions on Iran for refusing to freeze its nuclear program.

Sep 22 09:21

Power Up

China's resource nationalism is on the rise as it hoards minerals essential for batteries, cell phones, computers, and the green revolution.

Sep 18 11:32

Topless Women, Rule Of Law, And Perceptions Of China.

This proves something many of my expat friends in China are always talking about. They say they find it ridiculous that China is viewed as this incredibly oppressive place where the government is spying on you all the time and concerned with your littlest actions. They oftentimes like to tell me that China actually has more freedoms than the United States or England.

Sep 18 08:15

ANALYSIS-Booming China-India ties strained by border tension

Anger over troop deployments, reports of border incursions, and a high-pitched media debate have reignited strains between China and India over long-festering border disputes in the Himalayas.

The details of whether boots actually crossed borders are murky, but experts in both countries agree that tensions have risen, highlighting the fragility of relations between the giant neighbours jostling for dominance.

Webmaster's Commentary: 

Neither country needs another border war right now.

Let's hope that the adults in the room in Beijing and New Delhi understand that.

Sep 17 10:01

China could undermine US military power in Pacific: Gates

China's increasingly advanced weaponry could undermine US military power in the Pacific, Defense Secretary Robert Gates said on Wednesday.

Echoing US intelligence guidelines released on Tuesday that warned of Beijing's military modernization, Gates said US naval carriers and air bases in the Pacific faced new threats from China.

Webmaster's Commentary: 

"Hey, let's start a new cold war, and pretend that China is the bad guy this time!" - official white horse souse.

Sep 16 09:55

India denies firing by Chinese troops across LAC

Recent incursions by Chinese troops into Indian territory have created anxiety about China's aggressive designs in some quarters in India.

The Indian government has, however, sought to play down the incursions, saying these are routine incidents that occur due to differences in perception about the Line of Actual Control.

Webmaster's Commentary: 

India may well have every real reason to be concerned by these recent incursions.

Sep 16 09:52

Gorkha Janmukti Morcha to be alert along India-China border

Consequent to the reports about Chinese troops trespassing into the Indian territory, Bimal Gurung, chief of Gorkha Janmukti Morcha (GJM) asserted that his party would form a special force to remain alert along the India-China border to keep away any kind of foreign intrusion.

Webmaster's Commentary: 

Neither India nor China needs a border war here. One has to wonder just what is happening with this incident.

Sep 16 09:19

100 million-year-old relics returned to China

U.S. Customs officials returned to China on Monday fossils dating from as early as 100 million years ago that had entered the country illegally. They included bones of a saber-toothed cat, a partial skull of a dinosaur and eggs of several other dinosaurs.

The undocumented relics had been shipped in two loads and were confiscated by customs agents in Chicago and Richmond, Va., the Homeland Security Department said.

Sep 15 19:33

China 'covers suicide bridge in butter'

Government officials in south-east China have ordered workers to cover a 1,000 ft long steel bridge in butter to prevent citizens from using it to attempt suicide.

All the climbable surfaces on the structure in Guangzhou have been covered in greasy fat to put an end to the spate of people threatening to jump from it, The Sun reports.

Government spokesman Shiu Liang said: "We tried employing guards at both ends but that didn't work - and we put up special fences and notices asking people not to commit suicide here.

"None of it worked - and so now we have put butter over the bridge and it has worked very well. Nobody can get up there and nobody who tries ever falls."

Sep 15 09:18

India’s Internet Connection to China Inexplicably Cut

Indian internet connections to servers in China appear to have been cut with no ability for Indian web users to access websites hosted in China.

The breach also appears to have affected corporate email with Indian employees are unable to connect to their colleagues and friends in China. Users in India have had to use services based overseas like Gmail to connect to China

Webmaster's Commentary: 

This disruption could have been caused by a host of reasons.

However, before a true shooting war begins, one of the first things one sees is a cutting off of communications.

Sep 15 09:13

Indian Press: Military Police Shot by Chinese Troops Along Sikkim Border

China apparently seriously escalated the ongoing border conflict between itself and India as reports in the Indian press indicate that two Indian military personnel were shot and wounded after coming under fire from Chinese troops in the Indian-controlled Kerang area of Sikkim.

The injured soldiers were apparently members of the Indo-Tibetan Border Police, India’s regional border force patrolling the Line of Actual Control (LAC). They were injured in bullets fired from the Chinese side.

Webmaster's Commentary: 

If true, one has to wonder what the folks in Beijing are attempting to accomplish here.

Is it possible that China has decided that if the US starts wars in Iran/Pakistan/Georgia, that it could just smash through Bangladesh to claim a warm water port on the Bay of Bengal?

And as reported here on 21 July 2009:

http://www.chinadaily.com.cn/cndy/2009-07/21/content_8451977.htm

"The United States and India said yesterday they had agreed on a defence pact that takes a major step towards allowing the sale of sophisticated US arms to the South Asian nation as it modernizes its military."

Sep 14 09:34

China taking Indian land inch by inch

The Chinese Army has reportedly carried out some construction activities along the international border across the Karakoram ranges in the Ladakh sector for the first time since the 1962 war. A J&K government report claims the Chinese PLA has been taking "land in inches ... and not in yards".

Official sources said this could be either for stationing additional personnel or to mount cameras to monitor Indian troop movement.

Sep 14 09:27

Army alert on China

Delhi may play down Beijing’s posturing in Arunachal Pradesh but a concerned Indian Army is raising two more divisions, or about 30,000 men, in the Northeast.

The army has sounded an operational alert on the India-China Line of Actual Control (LAC) after reports of a Chinese military exercise involving 50,000 troops in Tibet, where Beijing has increased its activities. Correspondingly, the Indian Army is said to be conducting an operations exercise in Arunachal.

Webmaster's Commentary: 

This hunk of real estate has been a contentious issue between India and China for some time.

But the last thing India needs right now is a border skirmish. One has to wonder why China seems to feel that it's the right time to potentially provoke an attack here.

Sep 13 21:12

US tyre duties spark clash

A full-blown trade row erupted on Sunday night between the US and China after Beijing accused Washington of “rampant protectionism” for imposing heavy duties on imported Chinese tyres and threatened action against imports of US poultry and vehicles.

Sep 10 14:23

Derivatives Collapse and the China Gold and Silver Markets

In 2009, China opened up various exchanges for investment in both gold and silver to the Chinese public, which previously was not allowed to invest in gold and silver. The opening of silver exchanges to the Chinese public is the most recent development and was accompanied by a ban on silver exports. The Chinese government is actively touting both gold and silver as an investment to the Chinese public, and with good reason.

Sep 10 08:05

US Fires Opening Salvo In Trade Wars With China

The last thing the US needs now is a trade war, with anyone. We have already upset Canada, and now have our eyes set on China.

Sep 09 07:35

CIC Looks to Pile Cash Into U.S. Real Estate

China's $300 billion sovereign-wealth fund is eyeing big investments in distressed U.S. real estate, according to people familiar with the matter. To finance some of the deals, China may rely on an old trading partner: the U.S. government.

Sep 08 10:26

4 Signs that China is Moving Out of the Dollar

First, in June, China was a net seller of U.S. Treasury bonds (and shorter term notes) for the first time ever. As Mike Larson writes:

A few days ago, the U.S. Treasury Department revealed that China actually REDUCED its note and bond holdings by $25 billion in June. Although China did NOT sell shorter-term Treasury bills — and isn’t expected to — it’s still the largest amount of Treasuries China has ever sold in a single month.

Second, China will issue a non-Dollar denominated Renminbi bond sale on September 28th (6 Billion Renminbi worth).

Third, China has agreed to purchase $5o billion dollars worth of IMF bonds (denominated in the IMF Special Drawing Rights currency).

Sep 08 10:25

China's SOEs May Terminate Commodities Contracts

China's state-owned enterprises may unilaterally terminate commodities contracts as they try to cut massive losses from financial derivatives, an industry source told Caijing on August 28.

According to the source, China's State-owned Assets Supervision and Administration Commission (SASAC) has sent notice to six foreign financial institutions informing them that several state-owned enterprise will reserve the right to default on commodities contracts signed with those institutions.

Sep 08 10:24

US commodities rattled by China derivatives stance

U.S. gold and soybean markets fell on Monday following a weekend report that China's state companies may default on commodity derivative contracts with banks providing over-the-counter hedging services.

Sep 07 21:52

China to renege on commodity contracts???

A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent.

Webmaster's Commentary: 

This story is from a week ago. Has anyone seen any confirmation of this?

Sep 07 09:43

China's top 500 firms outperform US rivals in 2008

China's top 500 companies outperformed their US counterparts for the first time last year, a survey conducted by a business group has revealed, as the financial crisis wreaked havoc in the United States.

Net profits at the nation's highest-performing firms totalled 171 billion dollars in 2008, compared to 99 billion dollars for the US firms, according to the survey by the China Enterprise Confederation (CEC).

Sep 05 08:49

China agrees to buy 50-billion-dollar IMF bonds

The International Monetary Fund(IMF) said on Wednesday that China has agreed to buy the first bonds issued by the agency for about 50 billion dollars.

Webmaster's Commentary: 

Looks as though China is walking away from the US dollar just as fast as it thinks it can.

Sep 04 08:38

Chinese police break up Urumqi protests with teargas

Chinese security forces used teargas to disperse protesters in Urumqi today, state media have reported, one day after tens of thousands took to the streets demanding improved security and the resignation of a top official following alleged syringe attacks.

The state news agency Xinhua said more than 1,000 demonstrators confronted armed police, blocking them from approaching government offices today, while a smaller group of around 100 gathered elsewhere in the capital of China's restive northwestern region of Xinjiang. Reuters reported that hundreds of Han Chinese tried to push their way through security barriers to a Uighur neighbourhood earlier in the morning.

Webmaster's Commentary: 

This area's meltdown between ethnic Uighurs and Han Chinese has got to have officials in Beijing sweating bullets.

Sep 04 08:09

China and India Dispute Enclave on Edge of Tibet

Though little known to the outside world, Tawang is the biggest tinderbox in relations between the world’s two most populous nations. It is the focus of China’s most delicate land-border dispute, a conflict rooted in Chinese claims of sovereignty over all of historical Tibet.

Sep 03 07:54

Shortage of Rare Earths Used in Hybrids, TVs May Loom in China

China said supplies of dysprosium and terbium, minerals needed to make hybrid cars and televisions, may be inadequate for its own needs, adding to concerns that the largest producer of rare earths may further cut exports.

China, accounting for more than 90 percent of global rare- earth output, “may not have enough supply” of the two minerals as demand increases, Wang Caifeng, deputy director-general of the raw materials department at the Ministry of Industry and Information Technology, said today.

Sep 01 08:30

Burmese unrest may provoke reaction from China

The United Nations and overseas Burmese groups say upward of 10,000 refugees and hundreds of ethnic Kokang fighters are in southern China, presenting a logistical headache for the central government in Beijing.

In the past, Beijing has played down political, social and human-rights problems raised by the West, contending that these were internal Burmese issues that didn't affect regional stability or China's national interest. This stance may be harder to maintain now that the problem has washed over into Chinese territory.

Sep 01 07:48

Beijing's derivative default stance rattles banks

A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent.

Aug 28 08:19

Killing of China steel plant boss halts sale

The privatisation of a state steel group has been scrapped after an executive was beaten to death by workers angry at the threat to their jobs from a takeover of their company, according to a Hong Kong rights group.

The violent riot in north-east China late last week involved up to 30,000 workers, a reminder of the ongoing sensitivity about lay-offs from state companies in industries targeted for consolidation.

Aug 26 09:53

Mammon Nightmare

For the love of money is the root of all evil and the quest of fitly lucre has spawned a monster so hideous that the history books of human depravity will have to be rewritten. A beast yet in its infancy with the ugliness trumping Medusa forcing the weak of heart too cast away vision for fear of ones very livelihood. The knowledge of this menace has the potential to spawn nightmares so for the weak of heart stop now, but for the bravest of the keyboard warriors I invite you to join me as we descend into Satan's realm.

Aug 22 14:32

China, Baltic Dry And The V-Shaped Recovery

"As the global economy continues to falter and Chinese exports plummet, there is growing concern that the stockpiling may soon come to a halt, leading to further, painful drops in commodity prices."

Aug 18 08:14

Is the Chinese Government Really This Dumb?

China's $200 billion sovereign wealth fund, China Investment Corp, plans to invest soon in U.S. taxpayer subsidised investment funds of toxic mortgage-backed securities, Reuters is reporting.

Under the Public-Private Investment Plan launched earlier this year, the U.S. government plans to seed a number of PPIP funds that would combine taxpayer money with private capital to buy as much as $40 billion in toxic securities from banks.

On the surface this is a great play for CIC, since the U.S, would, for all practical purposes, be financing CIC's leveraging up of its investment.

Webmaster's Commentary: 

Guess who is on the hook to make good on the promised profits.

Aug 18 01:07

THE SECRET OF CHINA'S MIRACLE ECONOMY: THE GOVERNMENT OWNS THE BANKS RATHER THAN THE REVERSE

To the extent that China's stimulus plan is working better than in the U.S. and the U.K., this seems to be because the government is using the banks for public ends, rather than allowing the banks to use the government for private ends.

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"The banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. They frankly own the place."

-- U.S. Senator Dick Durbin, Democratic Party Whip, April 30, 2009

Aug 15 07:41

Chinese Christmas exporters hit by global recession

This incongruous Santafest is our doing. Half of Europe's Christmas products are made in or traded through this eastern Chinese city, say officials; even more of America's. To ensure they are shipped to stores in time, western buyers arrive between June and August.

Aug 14 15:46

Chinese Vice Premier urges health care reform

The 850 billion yuan (124 billion U.S. dollars) plan for 2009 to 2011will provide for universal access to basic health insurance, the introduction of an essential medicine system, improved primary health care facilities, equitable access to basic public health services and pilot reform of state-run hospitals.

Aug 06 07:39

China-U.S. dialogue avoids confrontation

Today, the United States, the largest economy in the world, is the biggest debtor to the world's most authoritarian Communist regime that is also the world's third-largest economy, holding more than $800 billion of U.S. debt and the largest reserves of foreign exchange of more than $2 trillion, much of it in U.S. dollars.

Aug 03 18:47

10,000 Chinese Rioters 'Go Missing' Overnight

Nearly 10,000 Uighurs involved in deadly riots in China went missing in one night, exiled Uighur activist Rebiya Kadeer has said.

Aug 02 10:40

Chinese Town Quarantined as Man Dies From Plague

Aug. 2 (Bloomberg) -- A Chinese town and its surrounding areas were quarantined after a man died of pneumonic plague and 11 others were infected, the local health authority said.

A 32-year-old herdsman died in Ziketan in Qinghai province, the provincial health department said in a statement dated yesterday. The other 11 infected people are mostly relatives of the deceased and are in "stable condition" in a designated hospital, according to the statement.

If diagnosed early, bubonic plague can be treated with antibiotics. Pneumonic plague, on the other hand, is one of the most deadly infectious diseases and patients can die 24 hours after infection, according to the WHO.

Aug 02 10:32

10,000 Chinese Rioters 'Go Missing' Overnight

Nearly 10,000 Uighurs involved in deadly riots in China went missing in one night, exiled Uighur activist Rebiya Kadeer has said.

Jul 28 13:19

The Perfect Shitstorm

The wind from the West sucks like a tornado.. Obama is an usurper the evidence is devastating, Obama is not an American citizen, all laws he has signed are Poop.

The wind from the North blows, and declares a swine flue pandemic.. A disease created in test tubes, but the main reason for the vaccine is to destroy the immune systems of the World’s population.. The WHO likes the idea of reducing the population by plagues created by themselves.. In order the satisfy the Club of Rome.

The wind from the East is howling about war with Iran, and Russia/China. This wind is created by Zionists hiding in “our press”, and “our government”. They pretend to represent us.

Jul 28 12:23

Flashback:R. Emanuel, Now Obama's National Security Risk

THE RED CHINESE SECRET POLICE IN THE UNITED STATES, Part Two of a Series
by Sherman H. Skolnick
An instrumenal reputed player/facilitator in all this has been Rahm Emanuel and his gang. On a local PBS TV outlet show in Chicago, Rahm bragged how as Clinton White House Senior Advisor he had a desk closest to the Oval Office. The TV cameras were allowed right into the White House to show this. In effect, Rahm is reportedly the Deputy Chief, for North America, of Israel's secret police, The Mossad. Rahm is permitted to have dual citizenship. During the Persian Gulf War, he went to Israel to serve in their armed forces, reportedly in an espionage capacity.

Jul 27 07:29

Workers riot, kill manager

Workers at a Chinese steel factory upset with a possible merger kill their manager. CNN's John Vause reports

Jul 26 09:20

Protesting steelworkers beat manager to death

Tonghua employees attacked Jianlong's general manager, Chen Guojun, during the protest and beat him to death, the centre said.

Workers were angry that Mr Chen was paid about 3 million yuan ($538,500) last year, while some retirees received as little as 200 yuan a month, the centre said.

Webmaster's Commentary: 

While tragic in its outcome, this episode demonstrates very clearly that there is a point in the human psyche which snaps after experiencing continued grueling unfairness and economic hardship.

Politicians around the world, kindly take note.

Jul 22 09:18

China urges responsible U.S. policy, stable dollar

China will again press the United States at high-level talks next week to protect Beijing's extensive U.S. investments by pursuing sound policies and keeping the dollar stable, a senior official said on Wednesday.

China holds an estimated 70 percent of its $2.13 trillion in currency reserves in dollar assets, mainly government bonds, and officials have expressed worries that massive U.S. pump-priming to revive the economy could sow the seeds of inflation.

Webmaster's Commentary: 

This government could, of course, make a decent start against its deficit by stopping the global wars of aggression to which it seems, at this point, to be terminally addicted.

Of course, that would be logical.

And much like its predecessor, logic and this administration do not seem to have much of an ongoing relationship.

Jul 20 10:09

China's Manufacturing Jobs Surged As American Jobs Disappeared

Jul 18 08:42

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”.

Jul 17 17:44

U.S. helped Chinese interrogate Uighurs at Guantanamo

Uighurs: U.S. helped Chinese interrogate us at Guantanamo
By Grace Chung, McClatchy Newspapers – Thu Jul 16, 8:42 pm ET
WASHINGTON — U.S. military personnel at Guantanamo Bay, Cuba , actively helped Chinese interrogators question members of China's Uighur minority, including physically restraining them so they could be photographed against their will, according to testimony presented Thursday to a congressional subcommittee.The testimony is certain to add to the controversy over how the U.S. government has handled the Uighurs, who were turned over to U.S. troops in Afghanistan by bounty hunters who were paid $5,000 per captive.

Jul 17 05:36

FLASHBACK: China Backs Iran Against The Great Satan

Jul 16 21:18

China has kick-started a major plan to internationalise the renminbi

Despite the propaganda that we hear from the MSM, the US Treasury ("strong dollar policy"), the Federal Reserve, and Wall Street pundits, this is another clue that the U.S. dollar is in deep trouble. Nobody is going to blow a horn to warn us that dollar is about to collapse.

Jul 13 10:35

China to Buy $80 Billion Worth of Gold

Congressman Mark Kirk explains in detail China's behind the scenes thinking about the dollar. Hint: They are going to buy two Forth Knox's worth of gold.

Jul 12 13:37

Washinton is Playing a Deeper Game with China

Playing with fire!

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