CHINA | WHAT REALLY HAPPENED


CHINA

Mar 05 15:05

China Has Announced Plans for a ‘World Currency’

The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it. Many have assumed that the Chinese simply wanted some new international currency to be created. But what if that is not what the Chinese had in mind? What if they have always wanted their own currency to become the single most dominant currency on the entire planet? What you are about to see is rather startling, but it shouldn’t be a surprise. When it comes to economics and finance, the Chinese have always been playing chess while the western world has been playing checkers. Sadly, we have gotten to the point where checkmate is on the horizon.

Mar 05 07:51

PROOF: China Pursuing World Reserve Currency

Mar 05 07:26

FLASHBACK 2013 - U.S. Furious With Israel After Sale of Advanced Military Technology to China

The Israeli Defense Ministry’s Head of Defense Export Control, Meir Shalit, resigned last week after the United States expressed anger over a decision he made to sell sensitive military equipment to China, Israeli daily Ma’ariv reported on Sunday. At the time, Shalit did not provide a reason for his resignation.

Mar 05 03:24

Creating regional free trade zones in Asia-Pacific top priority — Chinese official

Chinese strategy of creating integrated trade structures in the Asia-Pacific aims at reaching agreement on common free trade zone in the whole region, which would present an alternative to the Trans-Pacific Partnership (TPP) project promoted by the US.

Mar 04 19:54

China's Military Budget Is Booming!

Mar 04 13:57

China is joining the currency war!

Mar 04 12:57

The Chinese have put out billboard ads announcing the renminbi as the new world currency

When I arrived to Bangkok the other day, coming down the motorway from the airport I saw a huge billboard—and it floored me.

The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”

Webmaster's Commentary: 

"NUKE 'EM! NUKE 'EM! NUKE 'EM!" -- Official White Horse Souse

Mar 04 09:37

China making progress for mankind's return to the Moon!

Overnight to January, 13, 2015 the service module of Chinese unmanned lunar orbiter has performed the tests required for development of lunar landing try-out of Chang’e-5 vehicle. Infographics by TASS

Mar 04 08:27

WHO IS THE THREAT TO WORLD PEACE? CHRISTIANS, JEWS, OR MUSLIMS (The US, Israel, or Iran)!

Since the 1979 Iranian revolution and the downfall of the US Puppet Ruler the Shah, Iran has been an Islamic state. In that interval of time, 1979 to the present, Iran has not invaded anyone. Not once. In fact Iran has not launched a war of aggression against another nation in 200 years. War is not their nature. People of all religions live in peace in Iran, even Jews, who find life so comfortable in Iran they refused an offer by the government of Israel to emigrate!

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Mar 03 16:28

Chinese economy under downward pressure

Mar 03 12:14

As predicted: you can't taper a Ponzi.

Mar 03 11:13

Netanyahu’s Big Gamble

In pursuing the strategy of preserving the perception of the Iranian threat in order to maintain the special relationship with the United States, Netanyahu is pursuing strategies that sabotage America’s own foreign policy interests...

By going over President Obama’s head to Congress, Israeli Prime Minister Netanyahu is taking a big gamble, apparently hoping that he can block any U.S. rapprochement with Iran and heighten tensions in the Middle East, a strategy that lacks both facts and logic, says Ted Snider.

Mar 03 10:02

China Warns U.S. to Stop Its Ukrainian Proxy War Against Russia

A much-ignored huge news report from Reuters on Friday, February 27th, was headlined “Chinese diplomat tells West to consider Russia’s security concerns over Ukraine.”

China’s Ambassador to Belgium (which has the capital of the EU) said that the “nature and root cause” of the Ukrainian conflict is “the West,” and that “The West should abandon the zero-sum mentality, and take the real security concerns of Russia into consideration.”

Mar 01 11:30

Thai temple to build separate toilets for non-Chinese visitors because of the state that Chinese tourists were leaving the toilets in.

A famous temple in northern Thailand will build separate toilets for Thais and other non-Chinese tourists after Chinese tourists apparently made lavatories unusable for others, German news agency DPA reported on Saturday.

Feb 28 12:40

Silicon Valley Panic: China Demands NSA-Like Access and Control

Silicon Valley is in a panic following an announcement that China is considering sweeping counterterrorism legislation. The law would require tech companies to provide the Chinese government with NSA-like access to private data, terms the industry may be forced to accept if they want to do business in the world’s most populated country.

Feb 28 09:16

China Just Sided With Russia Over The Ukraine Conflict

When it comes to the Ukraine proxy war, which started in earnest just about one year ago with the violent coup that overthrew then president Yanukovich and replaced him with a local pro-US oligarch, there has been no ambiguity who the key actors were: on the left, we had the west, personified by the US, the European Union, and NATO in general; while on the right we had Russia. In fact, if there was any confusion, it was about the role of that other "elephant in the room" - China.

Feb 28 09:15

Russia Could Make China King of the South China Sea

America should think twice about arming Ukraine as Russia could easily help China achieve its dreams in the South China Sea.

Feb 28 08:38

What the BRICS plus Germany are really up to?

Winston Churchill once said, “I feel lonely without a war.” He also badly missed the loss of empire. Churchill’s successor – the ‘Empire of Chaos’ – now faces the same quandary. Some wars – as in Ukraine, by proxy – are not going so well.

And the loss of empire increasingly manifests itself in myriad moves by selected players aiming towards a multipolar world.

So no wonder US ‘Think Tankland’ is going bonkers, releasing wacky CIA-tinted “forecasts” where Russia is bound to disintegrate, and China is turning into a communist dictatorship. So much (imperial) wishful thinking, so little time to prolong hegemony.

Feb 28 08:36

China’s hypersonic strike vehicle ‘in 3d test flight’

China has reportedly conducted a third flight test for its new ultra-high speed strike vehicle – capable of travelling at up to eight times the speed of sound, in what experts suspect is part of the development of its strategic nuclear program.

The test flight, monitored by US intelligence services this week, was the third in a series of tests of the Wu-14 hypersonic glide vehicle—a high-accuracy, high speed projectile, reports the Washington Free Beacon. The first two were conducted earlier this year.

Feb 27 07:56

"Naftogaz" will take a loan from China's $ 3.6 billion

Google Translate: It is noted that the National Bank of China agreed to provide "Naftogaz" credit under government guarantees.

About 60% of the loan is for the purchase of Chinese equipment, 40% will be spent on increasing the efficiency of the mechanical engineering sector.

Earlier it was reported that the Russian Ministry of Energy expects "Naftogaz Ukrainy" timely advance payment for gas in the Brussels agreement.

Feb 27 07:56

Russia is ready to give China more than 50% stake in the oil and gas fields

Google Translate: Dvorkovich said that the Russian government may consider the application of Beijing for a 50% stake in the project, if any, will come from Chinese partners, and political obstacles that work under such conditions he sees.

Feb 27 07:51

Chinese New Years Photos Show Off Liaoning Aircraft Carrier

Lining up 1,400 Chinese sailors and aircrew members on the country’s first aircraft carrier offers a bit of perspective on the carrier’s massive scale.

The sailors and air crew lined up on the ski jump of the Liaoning for a video celebrating the Chinese New Year, the year of the goat. Photos from the video offer the latest shots of the aircraft carrier first published in the U.S. by Jeffrey Lin and P.W. Singer in Popular Science.

Feb 27 07:50

Is fascist America ready for total war against Russia and China?

The debate to mark the 70th anniversary of victory over fascism and the adoption of the UN Charter has recently taken part in New York. Yet, fascism as the destruction of a certain category of humans for the sake of exceptionalism of another category of humans has become the state ideology of the United States. To make matters worse, the UN does not fulfill its functions of a peacemaker.

Feb 27 07:33

China's Submarine Fleet Now Larger than America's – US Admiral

The Chinese Navy now has more diesel and nuclear attack submarines than America does, a US Navy admiral told lawmakers. Some of them are “fairly amazing” and Beijing is exploring new ways of projecting its power on the seas.

The Chinese are experimenting with new geographic location, length of missions and new weapons, Vice Admiral Joseph Mulloy, deputy chief of naval operations for capabilities and resources, told the House Armed Services Committee's Seapower Subcommittee on Wednesday.

Feb 26 07:38

Jeb Bush Wouldn't Hesitate to Start 'Third Bush War'

In response to a question, the former Florida governor said his family ties would not prohibit him from engaging in armed conflict in the Middle East.

(*The way this family assumes ownership of the nation , it sounds to me like when it commences , it will be known as Bush War III rather than WWIII , and family ties will have everything to do with it . )

Feb 25 13:46

US "Pivot" Sends Asia Fleeing Toward China

When former-US Secretary of State Hillary Clinton announced the US "pivot to Asia," she and the policy wonks who dreamed it up probably imagined it as a well choreographed geopolitical masterstroke. In reality, it was more like an elephant crashing through the jungle, sending all in its path fleeing for cover well ahead of its arrival.

Feb 24 15:35

Israel's new Asian allies

With Israel turning to Asia to compensate for its loss of Western support, Jonathan Cook wonders how long it will be before it starts replying on a Chinese veto at the UN.

Feb 23 16:33

Chinese Gold Buying Stampede

It seems the longer the Federal Reserve and its representative bullion banks keep a manipulative lid on the price of gold using paper gold naked shorts, the more physical gold the Chinese buy.

Feb 23 11:05

The Destabilization Doctrine: ISIS, Proxies and Patsies

Israel has essentially used the United States as a cat’s paw in the Middle East, manipulating America’s Leviathan military to smash up her enemies.

In the past week we have witnessed a number of expedient events that were designed to legitimize the West’s imperialist foreign policies in the minds of the masses.

Feb 23 10:58

Greece — Syriza – Subservience to Neoliberalism – The Killing Plague that Knows No Mercy?

Greece’s debt today stands at 175 % of her economic output. The best – and only decent and socially as well as economically viable option – is exiting the Eurozone by her own decision.

Greece has various options/

Tsipras-Varoufakis must know them. Perhaps they keep them hidden away until “the last ditch” moment. To begin with, they could have imposed and still can impose strict capital transfer controls, to avoid the outflow of precious capital from Greek oligarchs, capital that eventually is missing for rebuilding Greece’s economy and would need to be replaced by new debt. Although, this is basically against EU’s rule of free transfer of capital, Greece as a sovereign country, can roll back its EU vassal status, take back its sovereignty and do what every reasonable central bank would do in Greece’s situation – impose capital transfer restrictions. After all, the Euro is also – and still is – Greece’s currency.

Feb 23 10:55

China pivots everywhere

The world’s leading economy is on a roll as it enters a new year in the Chinese zodiac. Welcome to the Year of the Sheep. Or Goat. Or Ram. Or, technically, the Green Wooden Sheep (or Goat).

The hyper-connected average Chinese – juggling among his five smart devices (smartphones, tablets, e-readers) – is bravely advancing a real commercial revolution. In China (and the rest of Asia) online transactions are now worth twice the combined value of transactions in the US and Europe.

Feb 22 19:08

Drones to be mass-produced in Fukushima

Feb 22 15:21

Greece — Syriza – Subservience to Neoliberalism – The Killing Plague that Knows No Mercy?

Greece’s debt today stands at 175 % of her economic output. The best – and only decent and socially as well as economically viable option – is exiting the Eurozone by her own decision.

Greece has various options. Tsipras-Varoufakis must know them. Perhaps they keep them hidden away until “the last ditch” moment. To begin with, they could have imposed and still can impose strict capital transfer controls, to avoid the outflow of precious capital from Greek oligarchs, capital that eventually is missing for rebuilding Greece’s economy and would need to be replaced by new debt. Although, this is basically against EU’s rule of free transfer of capital, Greece as a sovereign country, can roll back its EU vassal status, take back its sovereignty and do what every reasonable central bank would do in Greece’s situation – impose capital transfer restrictions. After all, the Euro is also – and still is – Greece’s currency.

Feb 22 15:18

Barb Weir interviews moderate Syrian rebels

You must be joking. Since when are Syrian rebels from Syria? They come from Afar, Afghanistan, Albania, Angola, Australia, Azabaijan, Bahrain, Bangladesh, Belgium, Benin, Bosnia, Britain, Bulgaria, Burkina Faso, Canada, Central African Republic, Chad, Chechnya, Denmark, Djibouti, Egypt, France…

…but Syria? Please, it’s been a long time since I’ve seen a Syrian Syrian rebel. And there weren’t that many to start with.

Well, ISIL, ISIS, the Islamic state – whatever you want to call it – they’re paying even better and getting their money from the same places as us

Feb 21 15:08

The Assassination of Greece

The strangulation of Syriza is part and parcel of the decade long process of the EU’s assassination of Greece.

A savage response to a heroic attempt by an entire people, hurled into destitution, condemned to be ruled by kleptocratic conservatives and social democrats.

Empires do not surrender their colonies through reasonable arguments or by the bankruptcy of their regressive “reforms”.

If in fact, EU dogmatism and intransigence forecloses even the most favorable deals, Tsipras and Syriza, (against their desires) may be forced to exit the Euro Empire and face the challenge of carving out a new truly radical policy and economy as a free and independent country.

Feb 21 15:04

At War With Those “Who Have Perverted Islam”

The latest ISIL political ally to surface is Rudy Giuliani, former mayor of New York City, and an unsuccessful candidate for the Republican nomination for president in 2008.

During a speech at this week’s White House conference on countering violent extremism,President Obama described the enemy that calls itself ISIL:

“We are not at war with Islam; we are at war with people who have perverted Islam.”

That statement is sensible and it is clear. It represents the President’s careful separation of ISIL (initially self-designated as the Islamic State in the Levant) from the world’s Muslim population.

ISIL is not remotely representative of Islam. It steals its language the way extremists out of Jewish and Christian backgrounds pervert those religious communities.

Feb 21 14:57

How, to contain and defeat perverted and violent Islamic fundamentalism

American foreign policy and authoritarian Muslim regimes, cause/provoke Muslim hurt, humiliation, anger and the despair of no hope.

If perverted and violent Islamic fundamentalism (PVIF) in all of its manifestations is to be contained and defeated there’s one thing above all others that must happen – Western leaders, starting with President Obama, must open their minds to the fact that consequences have causes and then address the causes.

There are two main and related causes of PVIF (Perverted and violent Islamic fundamentalism):

(1) American-led Western foreign policy for the Arab and wider Muslim world including its double standard as demonstrated by refusal to call and hold Israel to account for its defiance of international law and rejection of the Palestinian claim for justice.

(2) The corruption, authoritarianism and repression of most if not all Arab and other Muslim regimes. In most cases they are regimes supported/endorsed by American-led Western foreign policy.

Feb 21 09:02

China Issues Snow Storm, Fog Warnings

China's national observatory warned on Saturday that a heavy snowstorm is expected to descend in northeast regions while dense fog will envelope some northern provinces.

Feb 20 08:40

NATO member Turkey to buy $3.4 billion worth of incompatible Chinese antimissiles

The Turkish military is determined to buy long-range anti-missile systems from China, even though they wouldn’t be compatible with NATO weapons. Security concerns have been raised by other members of the alliance.

Defense Minister Ismet Yilmaz, in a written statement to the parliament, gave an assurance that the contract would go ahead.

Feb 20 00:21

Putin Should Just Take East Ukraine

Such a decisive move by Russia would definitely put an end to the Western-backed war of aggression on the pro-Russian people of east Ukraine.

Moscow has so far shown more than enough forbearance towards Washington and its puppet regime in Kiev. And yet this week, Washington’s allies in the European Union have seen it fit to impose fresh sanctions on Russia. Putin’s diplomatic efforts to end the conflict on a mutual basis between the Kiev regime and the separatist ethnic Russian people have been twisted and upended at every turn by Washington.

Feb 19 11:44

Greece Is Just the Beginning. ISIS and Ukraine Are Skirmishes: “The Real War is Economic and Currency Related”

Greece alone has the potential to unravel the Euro-zone and shatter the fragile dominoes across the global financial markets. And that’s just one area that is exploding.

Though Russia is taking a hit from the falling gas prices, and the combined effect of sanctions, it has also been furiously stockpiling gold and working with China and the BRICS nations to build a counter-balance to international development and currency manipulation, as SHTF has reported.

Something huge is happening with currencies on the global scene, but it is a quiet war – you won’t hear about it on the mainstream news. Just make sure it doesn’t sneak up on you; instead, be as prepared as you possibly can for whichever why the wind blows and the hammer falls. Have you considered your plan? Have you invested in gold, silver, storables or valuable barter items?

Feb 19 09:09

De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

Back in 2013, The NSA was first exposed for secretly 'monitoring' the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination.

Last year, following threats to remove Russia from SWIFT by the UK, (which SWIFT rapidly distanced its 'independent-self' from), Russia (and China) announced plans to create its own de-dollarized version. In November, Russia detailed the SWIFT-alternative's launch date around May 2015, and just last month, Medvedev warned of "unlimited reaction" if Russia was cut off from the SWIFT payments system.

So the news this week that Russia has launched its own 'SWIFT'-alternative, linking 91 credit institutions initially, suggests de-dollarization is considerably further along than many expected (especially as Russia dumps US Treasuries at a record pace).

Feb 19 08:24

Jim Willie: China is Trying to Wreck Our Economy

The Chinese are trying to wreck the US economy by disrupting its supply chain. They are not just halting Chinese imports into the US economy, they are halting East Asian (Korean, Japanese) ships. All these ships are not unloading.

Webmaster's Commentary: 

The US economy wrecked itself. Willie is just trying to shift the blame, like yesterday's story trying to suggest the Russians are behind the extremely (embarrassing for Al Gore) cold weather.

Feb 19 01:40

Kung Hei Fat Choi ! What Really Happened in The Opium War

In conjunction with the Chinese New Year Kung Hei Fat Choi! Its fitting and timely to watch An Epic Film Premiered in 1997 for the Handover of Hong Kong by he British back to China. A must see for anyone interested in the dark history of the British empire. What they don't teach you in the history school books. This 2 1/2 hour film (subtitled in English and Chinese) is probably the most powerful movie ever made on the wars waged by the Chinese over the British to rid the country of the opium addiction that was crippling Chinese of every walk of life.

Feb 18 15:55

Russia Dumps Most US Paper Ever As China Reduces Treasurys Holdings To January 2013 Levels

Back in December, Socgen spread a rumor that Russia has begun selling its gold. Subsequent IMF data showed that not only was this not correct, Russia in fact added to its gold holdings. But there was one thing it was selling: some $22 billion in US Treasurys, a record 20% of its total holdings, bringing its US paper inventory to just $86 billion in December - the lowest since June 2008.

Feb 18 13:15

83% of Vaccines Are Made in China

Feb 18 13:14

Kiev says troops withdrawn from Debaltsevo, rebels claim military ‘surrender en masse’

Kiev troops surrounded in the city of Debalstevo have started to surrender en masse, Ukrainian rebels have said. President Poroshenko announced a complete withdrawal from the contested city.

Ukrainian President Petro Poroshenko confirmed in a video statement that he has given an order to withdraw troops from Debaltsevo on Wednesdsay.

“We stated and proved that Debaltsevo was under our control and that there was no encirclement. Our units withdrew according to plan in an organized manner. They took military hardware with them – tanks, APCs, artillery pieces, tow-tracks, cars,” the president said.

He added that some 80 percent of the troops have already left the city.

Feb 18 11:47

Obama Destroyed Libya

Bush committed this error in Iraq. Obama made it in Libya. And now he's doing it again in Syria.What he did to Libya is as bad as what Bush did to Iraq and Afghanistan. He doesn’t deserve a historical pass.

When Obama took office in 2009, Libya was under the clutches of longtime dictator Colonel Muammar Gaddafi. But things were looking up.

Bush and Gaddafi had cut a deal to lift Western trade sanctions in exchange for Libya acknowledging and paying restitution for its role in the bombing of Pan Am flight 103 over Lockerbie, Scotland. In a rare triumph for Bush, Libya also agreed to give up its nuclear weapons research program. Libyan and Western analysts anticipated that Gaddafi’s dictatorship would be forced to accept liberal reforms, perhaps even free elections and rival political parties, in order to attract Western investment.

Feb 18 10:25

American current bi-party system is bankrupt

It was Thucydides who warned us about slick tongued orators when he criticized the weakness and dangers of Democracy!

Obama and his administration have done, or achieved, none of the things which they claim to have done in Iraq, Afghanistan, Libya, Syria, Ukraine, Palestine or at home in the U.S.

Many of the problems may have been inherited from the policies and tactics of the bent, crooked, broken and hijacked eight-year Administration of George Bush, but nothing has really changed. In fact, his pursuit of these very same methods and tactics as “resolutions” to these problems seems to have simply added more fuel to these disastrous fires.

Watch President Obama assist U.S. media propagandists on Russia, President Putin and Ukraine here:

Feb 18 08:04

Hong Kong leader tells people to act like ‘sheep’

Hong Kong’s unpopular chief executive has infuriated pro-democracy campaigners by using a Chinese New Year message to urge the former colony's citizens to act more "like sheep".

Webmaster's Commentary: 

This is taken out of context. The upcoming Chinese New Year is the Year of the Sheep, which is not viewed by the Chinese in the same negative light as Americans do.

Feb 17 06:31

Putin Wins a Second Match

Has Russia’s Vladimir Putin pulled Barack Obama’s chestnuts out of the fire for a second time?

Will the shaky cease-fire in Ukraine that began this weekend hold up and end a conflict that was threatening a nuclear war between the United States and Russia?

The answer to the first question is yes. Remember back in 2013 when the Obama White House was threatening to attack Syria over allegations it was using poison gas?As it turned out, the UN found it was the US-backed Syrian rebels who were likely to have used chemical weapons rather than the Damascus regime.

Noble Peace Prize Winner Obama and his lady strategists almost got the US into a war in Syria that could have led to direct clashes with Russia, which was backing the Damascus government.Along came that unlikely man of peace, Russia’s Vlad Putin, who charted a diplomatic course out of the Syria mess for the bumbling White House which had talked itself into corner.

Feb 17 06:26

Hailed as a Model for Successful Intervention, Libya Proves to be the Exact Opposite

Once Gadaffi was brutally killed by a mob, advocates of intervention threw a giddy party for themselves, celebrating their own rightness and righteousness and declaring Libya a model for future western interventions. Upon Gadaffi’s fleeing, The New York Times, which editorially supported the war, published a front-page article declaring: “U.S. Tactics in Libya May be a Model for Other Efforts.”

Leading war advocates such as Anne-Marie Slaughter and Nick Kristof celebrated themselves as humanitarian visionaries and chided war opponents for being blinkered and overly cynical about the virtues of American force. British and French leaders descended upon Libya to strut around like some sort of conquering heroes, while American and Canadian officials held pompous war victory ceremonies. Hillary Clinton was downright sociopathic, gloating and cackling in an interview when told about Gadaffi’s death by mob: “We came, we saw, he died.”

Feb 17 06:20

Netanyahu Uses US Congress as Prop

By addressing the U.S. Congress for a third time, Israeli Prime Minister Netanyahu will again demonstrate his mastery of the American political process, using the backdrop of repeated standing ovations to keep Israelis from thinking too much about economic troubles.

The speech itself enables Netanyahu to show the U.S. Congress again eating out of his hand, reassuring his voters that he has everything under control as far as U.S. politics are concerned, notwithstanding any unpleasantness with the current U.S. president.

Feb 16 07:09

Chinese Firms Tiptoe Back Into Europe’s Battered Financial Sector

“Chinese financial institutions are thoughtfully evaluating their opportunities in Europe”

Feb 15 20:54

Chapel Hill Shooting and the ‘New Atheist’ Neocons

Beware the neocon ‘New Atheists.’ A terrible crime has happened in North Carolina – three young Muslim university students were shot dead ‘execution-style’ in their Chapel Hill apartment on Tuesday.

Police have arrested and charged 46-year-old Craig Stephen Hicks with the brutal murders, a man known for posting anti-religion comments online and whose Facebook page is riddled with pictures of and quotes from his ‘New Atheist’ heroes Richard Dawkins and Bill Maher.

The cops are conveniently saying that the Muslim students were not targeted because of their faith, but rather a “parking dispute.” How bizarre.

“It was execution style, a bullet in every head,” the father of the two deceased girls told the media, insisting that “this was not a dispute over a parking space, this was a hate crime.”

Feb 15 13:59

Why We Need the International Criminal Court

Since law is one of the foundations of civilization, shouldn't we make sure that no one stands above it.

The adage that no one should be above the law is of particular importance here. The problem is that there are innumerable cases where some individual or group holds sufficient political power to defy the rule of law.

This issue has not yet been fully confronted because, until very recently, no one has actually brought the crimes of individuals representing large and powerful states, or their allies, to the attention of the Court.

How do you arrest the indicted person if he is Henry Kissinger, George W. Bush or any number of Israeli military and civilian leaders, all of whom may well warrant the Court’s attention.

However, this is about to change due to the decision of the Palestinian National Authority to join the ICC. This has resulted in an ICC preliminary investigation of Israeli war crimes during the 2014 invasion of the Gaza Strip.

Feb 15 12:06

Saturday Humor: Hitler Learns Of Brian Williams’ Downfall

“He’s a goddamn moron! You think keeping track of whether you were shot down in a freakin’ helicopter is like forgetting where you put your keys?

That’s like confusing whether or not you were mauled by a tiger!…

it’s like being unsure if you had a threesome with Sofia Vergara and Kate Upton…”

Feb 15 08:52

Good Morning America, Bibi is Coming to Town

“Do not seek the treasure. Its an ambush.”
The Israeli Prime Minister will be greeted by cheers and applause from those members of Congress who will be in attendance. Some members will not attend. How many will skip the event could depend on voters who demand their absence.

In attendance, assuming the Prime Minister actually goes through with what has become a highly controversial and increasingly unpopular speech.

Even strong pro-Israel outlets like Fox News, and Liberal Zionist media outlets like MSNBC, are urging Netanyahu to cancel his March 3 moment in the world media spotlight.

The decision by members of Congress to attend, or not to attend, Netanyahu’s speech March 3 is a test of loyalty for members, to their elected president or to the Sheldon Adelson-controlled prime minister of Israel.That is a political decision.It is also a personal moral decision.

Feb 14 13:26

Former Israeli Soldier Eran Efrati Lashes Out About The Occupation

Former IDF soldier Eran Efrati interviewed by Amy Goodman of Democracy Now and Abby Martin of Russia Today.

Conversation with Eran Efrati, a former Israeli combat soldier turned anti-occupation activist. He recently interviewed several Israeli soldiers who participated in the Shejaiya massacre in Gaza.

Later this month, Efrati will testify at the Russell Tribunal on Palestine in Brussels.

This is a shocking interview that everyone should see!

Feb 14 08:48

From Minsk to Brussels, it’s all about Germany

Germany holds the key to where Europe goes next. A fragile deal may have been reached on Ukraine, but there’s still no deal with Greece. In both cases, there’s much more than meets the eye.

Let’s start with the grueling Eurogroup negotiation in Brussels over the Greek debt.

Feb 14 08:44

The War on Venezuela’s Democracy – A Thwarted Coup Attempt

This is a typical case of neoliberal Washington paid thugs and mercenaries false-flagging ‘undesired’ governments into chaos, for ‘regime change’ – and then being taken over by the US, subjugating the population to US dictate and stealing the country’s resources.

Being subjected to the constant stream of lies by the six Zionist-Anglo-Saxon mega-media corporations controlling 90% of the western information – ‘news’ – system, it is easy to brainwash the western population into believing that the culprit is the Maduro government, exercising police repression.

Feb 14 08:41

Just Say ‘No’ to the AUMF! It’s a blank check for endless war

ISIL has yet to reach Baghdad – so why posit they’re on their way to Baltimore?

Like everything this administration does, President Obama’s proposed draft for the authorization of military force (AUMF) is a purely political document, starting with its conception.

he President is paving the way for his successor, who he hopes will be one Hillary Rodham Clinton, and whose foreign policy principles are a bit more openly hawkish than his own. Before she assumes office, he wants Congress’s signature on a blank check for whatever price she is willing to pay for continued US hegemony in the Middle East – while still paying lip service to the idea of a “limited” war.This is something the smarter breed of criminals do all the time: prepare an alibi in advance and spread the responsibility far and wide. I

Feb 14 08:34

US Navy ships look to establish Darwin military base, but China won't be happy, warns expert

American warships could be stationed permanently in Darwin as part of the United States military's strategic plan in the region, but an expert warns that will not sit well with China.

US chief of navy operations, Admiral Jonathan Greenert, said the US was considering having a permanent naval base in Australia.

Admiral Greenert recently visited Darwin to inspect facilities and infrastructure which could allow US warships to be based in the Top End.

At an address in Canberra this week Admiral Greenert said the US was "doing a study together with the Australian Defence Force to see what might be feasible for naval co-operation in and around Australia, which might include basing ships".

Australian National University (ANU) Senior Fellow Peter Dean said such a move would be part of the US plan for Asia and would add to the existing US Marine Corps presence in Darwin.

Webmaster's Commentary: 

It will be interesting to see how much pressure, both overt and covert, that China will bring to bear on Canberra to prevent this from happening.

Feb 13 13:09

Financial Ebola Unleashed? Greece Comes One Step Closer

The latest threats from Syriza to the EU don't bode well for Europe. But, how long before the potential outfall spreads across the world?

The Greek people have not been sitting idly as this situation escalates; many have been moving to protect their savings. Not only have we seen bank runs, but now some citizens are moving into precious metals.Lisa Elward, head of bullion sales at the UK Royal Mint, notes that demand for gold from Greeks increased substantially last quarter, saying:

“We tend to see an upsurge in (gold) sales at times of political and financial uncertainty.”

Now pause… take a second to re-read that quote from Elward. As you follow the news over the following few days, weeks and months, remember this quote.

Feb 13 13:03

Russia’s Putin wins in Ukraine conflict

The 13 main points of the new agreement have carried forward the twelve-point Minsk accord of last September. But there is ‘additionality’ too insofar as timeline has been given for compliance by the warring sides and other protagonists.

The terms of the latest agreement confirms that Russia negotiated from a strong position — contrary to what the blistering western propaganda all along wanted us to believe.

The ‘additionality’ in regard of the future of the eastern regions to be decided by the end of the year doubtless is a major gain for Russia, as the induction of Ukraine into the North Atlantic Treaty Organization [NATO] is virtually ruled out if the constitutional reform goes through. This has been the core Russian demand.

Feb 13 12:55

Tracking the roots of Zionism and imperial russophobia

In order to understand the relationship between the Empire, Zionism and Western russophobia, we must go back to the late 19th century, and focus in particular on British Prime Minister Benjamin Disraeli. The questions raised by his time and foreign policy are the same that arise today on the relationship between the United States and the Zionist network, questions which divide even the most respected observers.

Which, of the Anglo-American Empire and the international Jewry, steers the other?

Feb 11 07:56

Russia to take over presidency in BRICS Business Council on April 1

The summits of the Shanghai Cooperation Organization and BRICS countries are scheduled to be held in Ufa, the capital of Russia’s Volga republic Bashkiria, on July 8-10, 2015

Feb 10 18:32

“Grave” repercussions for NATO if Greece turn to Russia

Kammenos, who is a member of the Independent Greeks, the right-wing party who formed a coalition with left-wing Syriza after they failed to secure a majority in January’s elections, warned that: "Plan B is to get funding from another source. It could be the United States at best, it could be Russia, it could be China or other countries."

Feb 09 09:29

China and Russia-led Eurasian Economic Union may set up free trade zone

China may establish a free trade zone with the Eurasian Economic Union (EEU) in the future, says the Russian Ambassador to China Andrey Denisov. It would make trade with Russia, Belarus, Kazakhstan, Armenia, and soon Kyrgyzstan tariff-free.

“At first the Chinese were cautious about the Eurasian Trade Union; they just needed to make sure that it works. Now they are increasingly showing interest in participation with the union, not just with Kazakhstan, Belarus, Russia, Armenia, and Kyrgyzstan on an individual basis, but with the union per se,” Denisov told RIA in an interview published on Monday.

As far as I know they [the Chinese – Ed.] offered us, the members of this Union –EEU – to think long-term about the creation of a free trade zone. Well, this is probably the case, even if it’s far off in the future.

Webmaster's Commentary: 

Congrats, all those folks who thought sanctioning Russia would be a great idea; because all this has done is push Russia further toward China and Central Asia, both economically and militarily.

Oh, and by the way... the dollar is getting dropped more and more frequently in international trade as well, thanks to the sanctions.

DON'T YOU FEEL PROUD OF BEING PATHOLOGICALLY INCAPABLE OF THINKING ANYTHING THROUGH TO ITS LOGICAL CONCLUSION?!?!?!?

Feb 06 13:06

Rinat Akhmetov's Corum Group Signs Billion Dollar Deal to Export Donbass Coal to China

Rinat Ahkmetov's Corum Group has signed a mutli-billion deal to export coal from the disputed Donetsk and Luhansk Republic's to China. Looks like this could be game over for Ukraine.

Feb 03 12:58

Chinese 'Silk Road' Initiative to Diminish US Role in Eurasian Region

By welcoming India and Russia to participate in its "One Belt, One Road" project, Beijing dealt the final blow to Washington's idea to create a US-controlled New Silk Road in Eurasia.

Feb 03 09:54

Gazprom Discusses Long-Term Loans With Chinese Banks

Deputy Chairman and head of the Gazprom finance and economics department said that Russian energy giant is discussing long-term loans with several banks, including in China and other Asian countries.

Feb 02 09:36

Globalism Wins as Israel Plans “Free Trade” With Putin, Beijing

As the world is increasingly divided up into geographic “regions” under regional regimes cobbled together under the guise of pseudo-“free trade,” Israeli authorities are now quietly working to create what they call “free trade zones” with both the Communist Chinese regime and the Kremlin-dominated Eurasian Economic Union (member countries shown in green). The negotiations, officially announced this week, come as globalist plotters around the world accelerate their now-open efforts to subvert national sovereignty at a regional level — all on the road toward what top officials from Beijing and Moscow to London and Washington, D.C., regularly and openly refer to as their “New World Order.”

Feb 01 10:25

Hong Kong pro-democracy protesters return to streets

Thousands of pro-democracy activists have returned to the streets of Hong Kong for their first big rally since mass protests last year.

But the number of protesters - put by organisers at 13,000 but by police at half that figure - was far lower than the earlier demonstrations.

Their key demand is fully democratic elections for the territory's leader.

Feb 01 09:11

Russian aggression and the BBC’s drums of nuclear war

The drums of war are beating on the BBC and other mass media, writes Oliver Tickell – naked propaganda about fictitious ‘Russian aggression’ intended to soften us up for a war that could wipe out life on Earth.
We must refuse to fall for the endlessly repeated lies, and tell our politicians that our highest priority of all is peace.

Webmaster's Commentary: 

My reply to BBC and indeed all corporate media. Feel free to use as a template for your own emails.

Corporate media assured us that the USS Main was sunk by a Spanish mine in Havana Harbor, even though Captain Sigsbee reported the cause as an on-board fire. This story of a Spanish mine by the corporate media allowed President McKinley to trick the American people into the Spanish American war. An investigation carried out by Admiral Hyman G. Rickover, the father of America's Nuclear Navy, confirmed Sigbee's report. There had been no Spanish mine.

Corporate media assured us that the Lusitania was not carrying weapons when it was sunk by a German U-Boat, even though the German government had taken out ads in the New York papers warning passengers not to sail on that ship. This story of the sinking of an innocent passenger ship allowed President Woodrow Wilson to trick the American people into World War 1 and divert the war from the original belligerents, Austria-Hungary and Serbia, into a war against Germany. In the 1980s, divers entered the hold of the Lusitania and confirmed it had been smuggling weapons of war to Britain.

Corporate media assured us that North Vietnam launched a torpedo attack against the USS Maddox in the Gulf of Tonkin in August 4th, 1964. Even though Captain Herrick reported that the sonar detection of torpedoes by the Maddox had been an error by an inexperienced sonar operator, the claim of a torpedo attack allowed President Johnson to trick Congress into escalating the Vietnam war.

Corporate media assured is Saddam Hussein had nuclear weapons. Need I say more?

So why would anyone believe the corporate media today when they assure us Russia has invaded Ukraine?

Jan 30 08:13

Reagan Economist: Washington Will Do Anything It Can To Stop BRICS

Jan 29 08:57

Chinese yuan now top 5 major intl payment currency

The Chinese currency is the 5th most-used currency in international payments, according to the SWIFT network responsible for international financial transactions. Breaking into the top 5 is symbolic to balance dollar-denominated payments.

Jan 28 12:20

US Military Budget Increase directed against Russia, China and the Middle East. Michel Chossudovsky

A substantial share of the increase in the US military budget that President Barack Obama has asked for will ultimately be directed against Russia, a political commentator says.

“I should mention that the F35, the submarines, the ships and so on are ultimately directed against China and Russia,” Michel Chossudovsky, the founder and director of the Centre for Research on Globalization (CRG) told Press TV on Wednesday.

Jan 28 09:19

AU, China agree big infrastructure deal

Addis Ababa - China and the African Union agreed on Tuesday an ambitious plan to develop road, rail and air transport routes to link capitals across the continent.

African Union chief Nkosazana Dlamini-Zuma praised the proposal at "the most substantive project the AU has ever signed with a partner", although the ambitious project that includes highways and high speed railways is at present just a commitment to develop the infrastructure, and contains few details.

The memorandum of understanding was signed at AU headquarters in Addis Ababa, ahead of a summit meeting of the leaders of the 54-nation pan-African bloc on Friday.

Webmaster's Commentary: 

IF fully implemented, this agreement could mean substantial economic growth for Africa, and a real coup for Chinese business entities.

Jan 27 13:03

Iran's central bank stops US dollar transactions, adopts RMB

Iran's central bank has announced that it will stop mutual settlements in the US dollar with other countries, with the Chinese yuan or renminbi being named as one of the alternatives.

Jan 27 12:24

Bank executive, 31, jumps to death from workplace ‘after dispute with girlfriend’

A 31-year-old man jumped to his death from a bank tower in Hong Kong's Central this morning after an argument with his girlfriend, according to a police source.

The man, identified by the source as Lui Yau-man, was wearing a business suit when he was found lying unconscious on an elevated platform by security guards at the Citibank Plaza at around 7.30am.

The source said Lui worked as an assistant vice-president in the risk-management department of Industrial Bank.

Webmaster's Commentary: 

I am not buying 'argument with girlfriend.'

Jan 23 14:46

Maintain Economy - China refuses to Saudi Oil

Webmaster's Commentary: 

In short, increased Russia/China oil cooperation may have added pressure for Saudi Arabia to lower oil prices.

Jan 23 12:05

LaRouche Warns: Wall Street's Growing Desperation Is Fueling Global Thermonuclear Showdown

Wall Street is on the edge of another financial tsunami, and this is driving the world towards general war, with the latest provocations in Ukraine serving as the immediate trigger for confrontation with Russia.

As Citibank was the latest of the Wall Street too-big-to-fail banks to post serious fourth-quarter losses, and as the Wall Street banks were announcing 50,000 layoffs, half-way around the globe the Ukrainian government was launching new provocations against Russia, meeting with top NATO generals and announcing a draft to call up 100,000 new troops to launch a military offensive against its own citizens in eastern Ukraine.

Jan 21 07:58

Russia To Collapse Dollar, White House Prepares For Civil Unrest

Is the Pentagon preparing for civil unrest in the United States?

With the Russian Ruble about to collapse Russia and China are pushing for a collapse of the U.S. dollar. It’s a race between the superpowers to see which currency will collapse first.

Experts have said that the U.S. and Europe cannot survive for much longer, and with Russia’s economic surplus, its looking likely that the Ruble will out-live the dollar.

Jan 20 11:29

Russia and China ‘Furiously’ Buying Up Gold

A larger global currency shift is underway.

And it may be happening much more quickly than anyone has realized.

Things are definitely in motion. Call it a game of musical chairs, or an exercise in rearranging chairs on the Titanic, or just that a tilting balance of power. Just don’t make the mistake of thinking this is all routine.

Webmaster's Commentary: 

I invested in gold coins, but I discovered that they lose their value if you eat the chocolate part inside!

Jan 20 10:47

China’s Undisclosed Gold Reserves: A Dagger Pointed At The Heart Of The Dollar

China has a 4-way global gold supply domination strategy. And it’s starting to corner the market.

First, China buys physical gold in world markets, fabricates it where necessary into “good delivery” bars – in Switzerland or the Middle East – then ships the bullion, transparently through Hong Kong or Shanghai (or quietly through Beijing and other ports of entry).

Second, it keeps virtually all domestically mined gold “in house.”

Jan 19 13:14

Chinese Stocks Crash Most Since Feb 2007, Futures Limit-Down After Regulatory Crackdown On Margin-Trading

*SHANGHAI COMPOSITE HEADS FOR BIGGEST LOSS SINCE FEBRUARY 2007
*CHINA CSI 300 INDEX FUTURES FALL BY 10% LIMIT

Jan 18 22:12

Will China be the next forex peg to break?

The surprise move by Switzerland to scrap its currency ceiling against the euro EURCHF, +0.76% last week is a reminder there can be unexpected collateral damage from central banks waging currency wars. As markets digest last week’s turmoil, expect focus to turn to other fault lines on the global currency map.

Here China stands out, as like the Swiss, it runs an implicit currency peg that is becoming increasingly painful to maintain.

Jan 16 07:48

Vietnam hopes to further promote ties with China: official

Vietnam highly appreciates the comprehensive strategic partnership of cooperation with China and hopes to join hands with China to further promote a stable, healthy and sustainable relationship for the fundamental and long- term benefits of both sides, a Vietnamese official said on Thursday.

Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh made the remarks at a reception held by the Chinese Embassy to mark the 65th anniversary of the establishment of diplomatic ties between Vietnam and China.

Jan 15 20:59

Shanghai gold deals get a boost as WGC sets bullion free trade zone

The World Gold Council (WGC) and the Shanghai Gold Exchange (SGE) signed Thursday a memorandum of understanding to develop a Shanghai free trade zone for bullion and so encourage foreign participation in China's tightly controlled gold market.

The parties say they will support the development of both domestic and international gold trading in the Asian nation by “leveraging the opportunity provided by the internationalization of the Chinese gold market, through the Shanghai Free Trade Zone, to support market expansion”, the WGC said.

Jan 15 07:15

Russia’s presidency aims at turning BRICS into full-fledged cooperation tool

One of the major goals of Russia’s presidency will be implementing the BRICS decisions on setting up its own financial institutions, namely the New Development Bank and a currency reserve pool

Jan 09 11:24

Russia and China: The Dawning of a New Monetary System?

China, leading member of the BRICS, is lining up the bloc of the BRICS and that of the SCO – and their currencies – to support Russia in need. Currency swaps between Russia (ruble) and China (yuan) for an initial US$ 25 billion equivalent have already been implemented, to allow direct transactions between the two countries. Similar swaps are under way between China and Russia with other countries, primarily the BRICS and the SCO (Shanghai Cooperation Organization) members – including the soon to become new members – Iran, Pakistan, India (also a BRICS member) and Mongolia – and possibly in some not too distant future also strategically located NATO member Turkey.

Jan 07 10:13

The greatest trick Obama ever pulled was convincing the world America isn’t still at war

The holiday headlines blared without a hint of distrust: “End of War” and “Mission Ends” and “U.S. formally ends the war in Afghanistan,” as the U.S. government and Nato celebrated the alleged end of the longest war in American history. Great news! Except, that is, when you read past the first paragraph: “the fighting is as intense as it has ever been since the U.S.-led invasion in 2001,” according to the Wall Street Journal . And about 10,000 troops will remain there for the foreseeable future (more than we had a year after the Afghan war started ). Oh, and they’ll continue to engage in combat regularly . But other than that, yeah, the war is definitely over.

Webmaster's Commentary: 

And I can nearly guarantee you; the current wars are prologue for future wars, potentially against China and Russia to prevent the end of dominance by the US dollar.

The US government is financially on the ropes, and the only way the members of this government have known, historically, to get off those ropes, is to wage war.

This country experienced two massive depressions, followed, inevitably by war. Although the presstitutes dare not mention it, we are in another massive recession right now, because all the decently paying jobs, which used to support this country's middle class, have been offshored/outsourced to places with nearly slave labor wages.

And please, if you don't believe me, take a look at this; last year, Charlie Rangel, the senior Congressional Representative from New York, introduced a bill to reinstate the draft; but this time, should this be passed, it will be coming for both our sons and our daughters. When last I checked this month, it is still in Committee, waiting for the "right emotional moment" to be passed.

Jan 05 08:40

The Chinese are Coming: Beijing in the Balkans and Eastern Europe

The chatter about Beijing’s economic surge coincided well with its Balkans drive, yet another means by which the Chinese business juggernaut is seeking satiation. Chinese diplomats and figures are not strangers to the region.

Last month, Beijing exerted its already noted muscle in the southern European, Balkans region, holding discussions with Serbian counterparts on further financial involvement. The point of convergence was the Central and Eastern European-China summit, continuing last years 16+1 initiative begun in Bucharest.

Webmaster's Commentary: 

To minimize the time goods get from China and Asia to Europe will also make those goods more attractive, from a price point perspective, to potential European companies.

Jan 03 11:01

Russia Is Building a Train That Will Zip From Moscow to Beijing In Just 48 Hours

Russia plans to build a new high speed railway, with trains that would speed from Moscow to Beijing in just 48 hours. At the moment, it takes about seven days to commute between the two cities and the route requires changes. According to Romanian website Glasul, the Kremlin has awarded the project to China Railway High-speed (CRH), a subsidiary of the state-controlled China Railway (CR), which is working in a joint-venture with the local firm Uralvagonzavod. CR is famous in the train industry for operating the world's only magnetic levitation train in an urban area, the Shangai monorail.

Jan 01 08:20

NATO aims new advanced nuclear strike force at Russia China

Under the public radar , NATO is modernising its tactical nuclear arsenal. Moscow's latest tests of intercontinental missiles and its parading of nuclear capable strategic bombers have rightly prompted international concern. In December 2014, Russian Foreign Minister Sergei Lavrov implied that Russia might be moving nuclear weapons to Crimea. From violations of airspace to near mid- air collisions, the number of incidents between Russia and NATO has soared dramatically, increasing the danger of an unintended escalation. Yet, it is rarely mentioned that NATO, too, is back in the game of nuclear deterrence.

Dec 30 16:44

The Great Firewall: China Permanently Shuts Down Google, Gmail and Other Services On Mainland

Google’s Gmail was blocked in China after months of disruptions to the world’s biggest email service, with an anti-censorship advocate suggesting the country’s “great firewall” was to blame.

Large numbers of Gmail web addresses were cut off in China on Friday, according to GreatFire.org, a China-based freedom of speech advocacy group. Users said the service was still down on Monday.

“I think the government is just trying to further eliminate Google’s presence in China and even weaken its market overseas,” said a member of the group who uses a pseudonym. “Imagine if Gmail users might not get through to Chinese clients. Many people outside China might be forced to switch away from Gmail.”

Webmaster's Commentary: 

China has set up their own search engines and mail providers to allow the Chinese people to web surf and communicate without the US Government spying on them. Russia has also done this.

Dec 29 07:26

False Flagging the World towards War. The CIA Weaponizes Hollywood

Almost all wars begin with false flag operations.

The coming conflicts in North Korea and Russia are no exception.

Mass public hysteria is being manufactured to justify aggression against Moscow and Pyongyang, in retaliation for acts attributed to the North Korean and Russian governments, but orchestrated and carried out by the CIA and the Pentagon.

Dec 27 09:42

Breaking News: China Destroys 3 US Shipments of GM Corn

Could the global tide in support of GMOs be turning? A new report reveals that the formerly pro-GMO Chinese government, one of the largest consumers of GMO food crops in the world, is beginning to crack down on GM corn shipments from the US that have not followed appropriate biosafety regulations.

According to a news brief released today by GMWatch.org, China destroyed three shipments of GM corn imported from the US.

Dec 27 09:04

Putin: It Is Time To Play Your Ace In The Hole

The entire world is watching Putin play poker with the Western politicians lead by Obama and followed by Washington quislings in London, Brussels and Berlin. America's goal since the end of the Cold War has been to weaken by financial, economic and, if necessary, military means any real competition to its global financial and resource domination through the petrodollar and dollar world reserve currency status.

Dec 27 08:40

China Steps In as World's New Bank

Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.

Beijing's move to bail out Russia, on top of its recent aid for Venezuela and Argentina, signals the death of the post-war Bretton Woods world. It’s also marks the beginning of the end for America's linchpin role in the global economy and Japan's influence in Asia.

Webmaster's Commentary: 

"BOMB CHINA! BOMB CHINA! BOMB CHINA!!!" -- Official White Horse Souse

Dec 26 12:19

China to Start Payments With Russia in National Currencies on December 29

The China Foreign Exchange Trade System has announced that since December 29, China, Russia, Malaysia and New Zealand will start the usage of national currencies in mutual transactions. Beijing hopes to make the yuan an alternative to the US dollar in global trade.

Earlier in December, China's Minister of Commerce Gao Hucheng claimed that China could increase the usage of yuan in trade with Russia amid the ruble's depreciation, which falls in line with China's intention to increase the usage of national currencies in international payments in order to weaken the US dollar's dominance in global finance and promote the yuan as an alternative.

Webmaster's Commentary: 

Notice that recently on the non-news presstitute TV shows, North Korea has been increasingly demonized by the US.

Because China has a defense pact with North Korea ( the Sino-North Korean Mutual Aid and Cooperation Friendship Treaty, which lasts through 2021), a US war against North Korea would be a back door to a war with China, to prevent the assent of the yuan in the world economy.

Dec 26 09:07

China Steps In as World's New Bank

Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.

Beijing's move to bail out Russia, on top of its recent aid for Venezuela and Argentina, signals the death of the post-war Bretton Woods world. It’s also marks the beginning of the end for America's linchpin role in the global economy and Japan's influence in Asia.

What is China's new Asian Infrastructure Investment Bank if not an ADB killer? If Japan, ADB's main benefactor, won't share the presidency with Asian peers, Beijing will just use its deep pockets to overpower it. Lagarde's and Kim’s shops also are looking at a future in which crisis-wracked governments call Beijing before Washington.

Webmaster's Commentary: 

This is why we see, on the morning corporate presstitute talking head shows, a lot of demonization of North Korea; a military engagement with North Korea opens up a back door to war with China, to attempt to prevent its economic rise from overtaking the US dollar.

Dec 24 09:48

Pepe Escobar On Blowback After Blowback For The "Empire Of Chaos"

At present, the choice between the two available models on the planet seems stark indeed: Eurasian integration or a spreading empire of chaos.

At the same moment that China is proposing a new Eurasian integration, Washington has opted for an “empire of chaos,” a dysfunctional global system now breeding mayhem and blowback across the Greater Middle East into Africa and even to the peripheries of Europe.

Don’t rule out a change in the dynamics of the situation, however. In the long run, it seems to be in the cards. One day, Germany may lead parts of Europe away from NATO’s “logic,” since German business leaders and industrialists have an eye on their potentially lucrative commercial future in a new Eurasia. Strange as it might seem amid today’s war of words over Ukraine, the endgame could still prove to involve a Berlin-Moscow-Beijing alliance.

Dec 24 07:05

Police warn Chinese forgery gangs have learned how to make near-perfect £2 coins… and say the crooks are already flooding Europe with similar fakes

Another investigator told the paper that the China to Italy counterfeit route was 'entirely feasible' and it should ring alarms bells if Chinese gangs were exporting to the country.

Webmaster's Commentary: 

In other words, they do not actually know who is making these fake coins, but China makes a convenient villain.

Dec 23 13:04

WWIII - The Calm Before The Storm

Dec 23 07:39

China condemns cyberattacks, but says no proof North Korea hacked Sony

China said on Monday it opposed all forms of cyberattacks but there was no proof that North Korea was responsible for the hacking of Sony Pictures, as the United States has said.

North Korea has denied it was to blame and has vowed to hit back against any U.S. retaliation, threatening the White House and the Pentagon. The hackers said they were incensed by a Sony comedy about a fictional assassination of North Korean leader Kim Jong Un, which the studio has pulled.

Dec 23 06:55

China reluctant to join U.S. in punishing North Korea over cyberattacks

China said Tuesday there was no proof that North Korea was behind a cyberattack on Sony Pictures Entertainment, signaling its reluctance to side with the United States over the incident, while also rejecting speculation it could have cut off Pyongyang’s Internet access as punishment.

Asked about American requests for help from China to punish North Korea for cyberattacks, Hua Chunying, a spokeswoman for China’s foreign ministry, said the United States and North Korea needed to communicate directly.

She said Beijing had not seen proof of who was behind the attack on Sony. “We need sufficient evidence before drawing any conclusion,” she said at a news conference.

Dec 22 13:18

China Fears Covert Overthrow, Moves to Regulate NGOs

The bill requires overseas NGOs to register with, and be approved by, authorities if they want to set up representative offices or operate temporarily, the official Xinhua news agency reported.

"The bill aims to regulate the activities of overseas NGOs in China, protect their legal rights and interests, and promote exchanges and cooperation between Chinese and foreigners," Xinhua said, citing deputy public security minister Yang Huanning.

All levels of government would have to "provide policy consultation, assistance and guidance for overseas NGOs so that they can effectively and legally operate in the mainland", Xinhua added.

Dec 21 08:47

China Tests Nuclear ICBMs, US Analyst Warns "Arms Control Is Failing To Increase American Security"

China carried out a long-range missile flight test on Saturday using multiple, independently targetable reentry vehicles, or MIRVs, according to U.S. defense officials. As The Washington Free Beacon reports, the test of a new DF-41 missile, China’s longest-range intercontinental ballistic missile, marks the first test of multiple warhead capabilities for China (the DF-41 is capable of carrying up to 10 warheads and has a maximum range of 7,456 miles, allowing it to target the entire continental United States).

Dec 20 09:04

WW3 Countdown | China Moves Against The Dollar

Dec 20 07:37

MEGA BEX ALERT - FOX News: Evidence in Sony hack attack suggests possible involvement by Iran, China or Russia, intel source says

The U.S. investigation into the recent hacking attack at Sony Pictures Entertainment has turned up evidence that does not point to North Korea as the "sole entity" in the case, but rather, raises the possibility that Iran, China or Russia may have been involved, an intelligence source told Fox News on Thursday.

Webmaster's Commentary: 

Dec 20 07:23

Sony hack: China may have helped North Korea, US states

US official states that North Korea responsible for hacking of Sony over The Interview film – and that Kim Jong-un's regime may have had Chinese help

Webmaster's Commentary: 

So, according to US Officials and FOX News, North Korea, China, Russia, Iran, (and everyone else the US needs an excuse to invade) secretly create the most potent cyber-army in the world, then expose the existence of that cyber-army with a pointless attack on a movie studio?

And if you believe THAT one, I have some of Saddam's nuclear weapons to sell you!

Dec 20 07:20

After Sony hack, is U.S. grid next?

Now that U.S. intelligence has blamed North Korea for the Nov. 24 cyber attack on Sony Pictures, there is growing concern that the Hermit Kingdom has the capability of bringing down the vulnerable U.S. national grid system.
Read more at http://www.wnd.com/2014/12/after-sony-hack-is-u-s-grid-next/#uM8SW1GrR...

Webmaster's Commentary: 

Yep; looks like the US is going to pull a 9-11 false-flag to get their wars going again!

This would be a good time for all the "white hat" hackers, who insist they use their powers only for good, to walk their talk and nail the real perpetrators of this war-starting hoax!

Dec 19 10:38

China offers to help Iraq defeat ISIS

Iraqi Foreign Minister Ibrahim Jafari says that his Chinese counterpart, Wang Yi, has made an offer to help Iraq fight Islamic State militants. Beijing has volunteered to assist with airstrikes, though it will not join the US-led coalition against ISIS.

Dec 19 08:02

Frenzied Chinese Stock Buyers Soak Up So Much Liquidity, Central Bank Forced To Intervene, Prevent Seizure

While today's rabid explosion in the S&P500, coupled with a literal break in the NY Fed/Citadel market boosting algo which went haywire in the last moments of trading and pushed the S&P up to 2130 in milliseconds via Kevin Henry's preferred SPY ETF, may be the stuff of market manipulating legends, nothing compares to the far more berserk situation China finds itself in, where a 50% surge in the Shanghai Composite over the past few months - not on improving fundamentals but just the opposite, hopes of massive liquidity injections to halt China's economic hard landing - has found the PBOC scrambling to find a way to, politely, burst the stock market bubble without causing too much pain.

Dec 18 08:20

China Prepares To Bailout Russia

Earlier this evening China's State Administration of Foreign Exchange's (SAFE) Wang Yungui noted "the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, "SAFE is closely watching Ruble's depreciation and encouraging companies to hedge Ruble risks." His comments also echoed the ongoing FX reform agenda aimed at increasing Yuan flexibility which The South China Morning Post then hinted in a story entitled "Russia may seek China help to deal with crisis," which which noted that Russia could fall back on its 150 billion yuan ($24 billion) currency swap agreement with China if the ruble continues to plunge, that was signed in October. Furthermore, two bankers close to the PBOC reportedly said the swap-line was meant to reduce the role of the US dollar if China and Russia need to help each other overcome a liquidity squeeze.

Dec 18 07:51

China sets up new $3bn finance fund for Central and East European countries

At a meeting with the leaders of 16 Central and Eastern European countries (CEE) in the Serbian capital of Belgrade on Tuesday, Chinese Premier Li Keqiang announced a new investment fund of $3 billion to facilitate financing in the cash-strapped countries.

Dec 17 10:14

Pepe Escobar, Eurasian Integration vs. the Empire of Chaos

Welcome to the new trans-Eurasia choo-choo train. At over 13,000 kilometers, it will regularly traverse the longest freight train route in the world, 40% farther than the legendary Trans-Siberian Railway. Its cargo will cross China from East to West, then Kazakhstan, Russia, Belarus, Poland, Germany, France, and finally Spain.

The Yiwu-Madrid route across Eurasia represents the beginning of a set of game-changing developments. It will be an efficient logistics channel of incredible length. It will represent geopolitics with a human touch, knitting together small traders and huge markets across a vast landmass. It’s already a graphic example of Eurasian integration on the go. And most of all, it’s the first building block on China’s “New Silk Road,” conceivably the project of the new century and undoubtedly the greatest trade story in the world for the next decade.

Webmaster's Commentary: 

What does Chinese government do to get the things it wants economically?!?

It pushes technology, and drives win/win deals.

What does the US government do to get what it wants economically?!/ It wages wars.

And what is wrong with this picture?!?

BLOODY EVERYTHING.

Dec 15 20:27

Yes, It's Possible For A Gold-Backed Renminbi To Dethrone The US Dollar

“[W]e want to use our reserves more constructively by investing in development projects around the world rather than just reflexively buying US Treasuries. In any case, we usually lose money on Treasuries, so we need to find ways to improve our return on investment.”

– Unnamed senior Chinese official, cited in an FT article, ‘Turning away from the dollar’, 10th December 2014.

Dec 14 18:11

US isolated, BRICS to get greater voting power at IMF

Months after the formation of new financial institutions like the $100 billion BRICS Bank and the China-led Asia Infrastructure Investment Bank, Christine Lagarde, managing director of the International Monetary Fund (IMF), said Friday that the organization is ready to discuss IMF voting reforms without the United States to give BRICS and emerging countries greater voting power.

Lagarde said the IMF is disappointed with the US inaction to ratify the governance and quota reforms and will now move forward without Washington.

“The IMF’s membership has been calling on and was expecting the United States to approve the IMF’s 2010 Quota and Governance Reforms by year-end. Adoption of the reforms remains critical to strengthen the Fund’s credibility, legitimacy, and effectiveness, and to ensure it has sufficient permanent resources to meet its members’needs,” Lagarde said in a statement.

Dec 12 09:02

Yuan Has Real Shot at IMF Blessing on Reserve Status

In late 2015, the IMF will conduct its next twice-a-decade review of the basket of currencies its members can count toward their official reserves. Including the yuan in this so-called Special Drawing Rights system would allow the IMF to recognize the ascent of the world’s second-biggest economy while aiding China’s attempts to diminish the dollar’s dominance in global trade and finance.

Webmaster's Commentary: 

A telling reminder that these private central banks have no loyalty to the nations in which they operate, but are loyal only to themselves and their greed!

Dec 11 13:36

The New Cold War Policy Has Backfired

The world’s geopolitics, major trade patterns and military alliances have changed radically in the past month. Russia has re-oriented its gas and oil trade, and also its trade in military technology, away from Europe toward Eurasia.

The result is the opposite of America’s hope for the past half-century of dividing and conquering Eurasia: setting Russia against China, isolating Iran, and preventing India, the Near East and other Asian countries from joining together to create an alternative to the U.S. dollar area. American sanctions and New Cold War policy has driven these Asian countries together in association with the Shanghai Cooperation Organization as an alternative to NATO, and in the BRICS moves to avoid dealing with the dollar area, the IMF and World Bank austerity programs.

Webmaster's Commentary: 

The United States greatly over-estimated the need other nations have for it, and tried to use that need to coerce compliance, only to find the other nations were perfectly happy to go on about their lives without any entanglements with the US system!

Dec 11 07:26

Hong Kong police haul away protesters from rally site

Hong Kong police began dismantling the city's main pro-democracy site Thursday, clearing away tents and barricades after more than two months of rallies, and hauling off a hard core of protesters who nevertheless vow that their struggle lives on.

Webmaster's Commentary: 

Looks like the US attempt to bring down China (meaning the Yuan) from within has failed.

Dec 10 11:36

China stealth jet could shoot down F-35: Aviation offcial

China’s top aircraft maker says its new stealth fighter has the ability to shoot down US-made F-35 Joint Strike Fighter from the sky.

Webmaster's Commentary: 

Big deal. Anyone can shoot down the F-35! It is a very expensive piece of junk.

Dec 09 08:01

Will China Save The Giant Panda?

They might. If China adopts some of the ecostrategies developed in America.

Webmaster's Commentary: 

Claiming the polar bears were drowning didn't work out, so the Carbonazis are switching to the cuter and cuddlier Pandas as their doomed mascot!

Dec 04 16:33

It’s official: America is now No. 2

Hang on to your hats, America.

And throw away that big, fat styrofoam finger while you’re about it.

There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.

It just happened — and almost nobody noticed.

Dec 04 08:32

Chinese Investors Snap Up Property in Bankrupt Detroit

Bankrupt Detroit’s thousands of empty buildings are being flogged at rock-bottom prices — and Chinese investors are answering the siren call of unbeatable deals, reports NBC News.

Dec 02 08:34

Defending Dollar Imperialism

“No matter what our Western counterparts tell us, we can see what’s going on. NATO is blatantly building up its forces in Eastern Europe, including the Black Sea and the Baltic Sea areas. Its operational and combat training activities are gaining in scale.” Russian President Vladimir Putin

If there was a way the United States could achieve its long-term strategic objectives and, at the same time, avoid a war with Russia, it would so. Unfortunately, that is not an option, which is why there’s going to be a clash between the two nuclear-armed adversaries sometime in the near future.

Webmaster's Commentary: 
Dec 02 08:02

Russia takes Asia Pacific states as key oil and gas partners — ministry official

Russia takes Asia-Pacific states as main partners in the oil and gas sector, director of the department of oil and gas production and delivery at Russian Energy Ministry Alexander Gladkov said at the opening of the Russian stand at the 20th Offshore South East Asia Conference and Exhibition (OSEA 2014) on Tuesday.

Russia “counts on development of mutually beneficial cooperation in this sphere,” he said.

Dec 02 07:30

Hong Kong Protest Leaders Offer Surrender as Clashes Escalate

Three leaders of the pro-democracy protests that have occupied Hong Kong for over two months announced that they planned to surrender to police on Wednesday. Amid escalating confrontations between protesters and police, Benny Tai, Chan Kin-man, and Chu Yiu-ming, who founded the Occupy Central with Love and Peace movement, asked protesters to retreat and stated that they would bear the legal consequences for the demonstrations.

Webmaster's Commentary: 

So the regime-change option to protect the dollar from the yuan and undermine BRICS has cratered!

Dec 01 10:00

China's CX-1 Missile Now Exportable

China’s new CX-1 supersonic anti-ship cruise missile is ready for export to America’s friends and foes alike, with potential markets including Iran, Pakistan and African and South American countries.

On display at the recent Airshow China in Zhuhai, the missile resembles India’s BrahMos cruise missile with a large intake in the nose, referred to as the “axial symmetrical inlet” in the brochure. However, that appears to be the only similarity, according to Chinese-language media outlets, which mention differences in wing, guidance vanes and jet vanes of the two missiles.

Nov 27 08:43

US pressing Chinese and Arab banks to sanction Russia – head of VTB bank

The US is putting pressure on Chinese and Arab banks, forbidding them to work with Russian sanctioned companies, says Andrey Kostin, head of Russia's second biggest lender VTB.

"We have information on Arab countries, China, and others that US officials come, gather the heads of banks and say: "We will punish everyone who is under Russian sanctions," said Kostin, after a meeting organized by the Stuttgart Chamber of Commerce in Germany.

"We need to take this into account. Nobody wants to become BNP Paribas”, he said, meaning the large French bank that was fined $9 billion for violating US sanctions against Cuba, Iran and Sudan.

However, Kostin believes Chinese credit organizations will provide financing for projects that interest them.

Webmaster's Commentary: 

I think the rest of the wor4ld is getting very tired of the US telling them how to run their economies.

Nov 20 08:12

Asian demand for crude to drive switch to renminbi

The increasing demand for crude in Asian countries such as China was enough reason for the region to prepare to pay for trade in the Chinese currency renminbi (RMB), an HSBC official said.

Georges Elhedery, HSBC head, Global Banking and Markets (Mena), noted that the region was slow to adopt RMB since trade between the Middle East and China was still highly dependent on the greenback.

“The Middle East has been slow in adopting RMB but we’re starting to see a shift in the region towards the Chinese currency,” Elhedery told Gulf Times in a meeting with reporters at the HSBC offices in Doha.

He explained that minimal oil and gas exports to the West have made the region dependent on Eastern buyers such as South Korea, Japan, and China, which was critical in setting the international price of crude.

Webmaster's Commentary: 

Yet another nail in the coffin of the US dollar as the global reserve currency.

Nov 18 08:05

Yuan can become dominant world reserve currency – survey

The Chinese yuan can overtake the dollar as the leading international reserve currency, a new poll of institutional investors indicates.

The authors of the survey, conducted by the Economist Intelligence Unit and commissioned by State Street financial services, polled 200 senior executives at institutional investors with knowledge of their exposure to yuan assets. Half of the respondents were from the firms headquartered in mainland China (including Hong Kong and Taiwan) and the other half were based elsewhere.

The report accompanying the survey points out that by the end of 2013, the yuan has risen to become the second-most-used trade financing currency and ninth-most-used currency for payments globally.

Nov 18 08:04

China opens up $4.2tn stock market to world via Hong Kong

The Chinese mainland is now open for business, at least in terms of its $4.2 trillion capital market. The Shanghai and Hong Kong stock exchanges are now linked giving foreign investors access to the tightly-controlled Chinese capital markets.

Nov 17 11:56

Russian Blue Chips Might Dump London En Masse, Re-list in Hong Kong

With East-West relations at rock bottom, Russia's leading blue chip companies are toying with the idea of abandoning the London Stock Exchange as the long preferred venue for listing their shares, and moving to Hong Kong.

Nov 17 09:36

What did the Brisbane G-20 summit accomplish?

President Barack Obama was equally effusive, saying the gathering was not a “chinwag,” an Australian word for meaningless talk. Rather, he said, “it has been a good week for American leadership.” At a press conference, Obama listed expanding trade, a visa accord with China, and “a big advance on climate change” as tangible achievements.

Webmaster's Commentary: 

So the headline accomplishment is a deal to take seriously a problem that was made up in the first place. Left unsaid in this article is the agreement by the G20 to consider bank savings accounts as investments in the bank, subject to loss if the bank gets into trouble.

Nov 16 10:12

NSA monitoring situation: China training Pakistani troops along India border

The report, accessed by PTI, said these military manoeuvres were being conducted at forward defence locations of Pakistan which are usually manned by border guarding personnel– the Pakistan Rangers.

Preliminary inputs analysed by BSF also showed some Pakistan Army units have taken over paramilitary posts of Rangers opposite Sriganganagar sector.

BSF also found a handful of new observation towers have also been set up by Pakistan in recent past along Abohar and Gurdaspur sectors in Punjab.

The BSF intelligence reported that phone intercepts along the border indicate that Pakistan Army and Rangers are planning to deploy snipers and sharp shooters at strategic locations and posts to target Indian soldiers and assets.

Webmaster's Commentary: 

IF, IN FACT THIS REPORT IS TRUE (and note that there is a bit of weasel-wording here), why on earth would China be doing that, and at this point?!?

It appears that Pakistan is attempting to respond to the breakdown of the ceasefire with India, with some help from China; unfortunately, this is being spun as China-sponsored aggression.

Nov 15 09:29

What really happened in Beijing: Putin, Obama, Xi — and the back story the media won’t tell you

Courtis had a curious exchange with Putin during some of the economic forum sessions in Beijing. He asked if Russia would provide North Korea security guarantees if it agreed to renounce nuclear weapons.

Putin replied in part: “Your question is too clever. This is not the moment yet even to raise that question, let alone answer it. Often, the problem in the world is not that small countries, who feel they are under siege, are unwilling to change. Rather, it is that the bigger countries are all piling on like bullies in the school yard – and they don’t know when to stop.”

I hope Kerry and Obama were listening at that moment. As Courtis heard it, “I think Putin was signaling to the West that there will be no more help from Russia with sanctions on North Korea, or anywhere else. One could also read Iran, Syria, Venezuela, etc., into that line of reasoning.”

Nov 14 11:58

China's silky road to glory

If there were any remaining doubts about the unlimited stupidity Western corporate media is capable of dishing out, the highlight of the Asia-Pacific Economic Cooperation (APEC) summit in Beijing has been defined as Russian President Vladimir Putin supposedly "hitting" on Chinese President Xi Jinping's wife - and the subsequent Chinese censoring of the moment when Putin draped a shawl over her shoulders in the cold air where the leaders were assembled. What next? Putin and Xi denounced as a gay couple?

Let's dump the clowns and get down to the serious business.

Nov 13 15:03

Lame duck out of the Silk Road caravan

There’s hardly a more graphic illustration of where the multipolar world is going than what just happened at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing.

Take a very good look at the official photos. This is all about positioning – and this being China, pregnant with symbolic meaning. Guess who’s in the place of honor, side by side with President Xi Jinping. And guess where the lame duck leader of the “indispensable nation” has been relegated. The Chinese can also be masters at sending a global message.

Nov 13 10:14

President Putin Pledges to Increase Trade with China and Asia to Rebuke Sanctions

Webmaster's Commentary: 

Obama faces an impossible task at APEC and the G-20. Russia has products other nations want to buy, while all Obama has to offer is speeches and dubious promises.

Nov 12 14:30

U.S.- China Climate Deal—Less Than Meets the Eye?

Yesterday, U.S. President Barack Obama and Chinese President Xi Jinping issued a "joint announcement on climate change" in which each country made pledges about how they intend to handle future emissions of their greenhouse gas emissions. Mother Jones hailed the announcement as a "game-changer." Maybe not.

Nov 12 10:16

U.S., China Unveil Ambitious Climate Change Goals

The United States and China pledged Wednesday to take ambitious action to limit greenhouse gases, aiming to inject fresh momentum into the global fight against climate change ahead of high-stakes climate negotiations next year.

President Barack Obama announced that the U.S. would move much faster in cutting its levels of pollution. Chinese President Xi Jinping agreed to cap China's emissions in the future — a striking, unprecedented move by a nation that has been reluctant to box itself in on global warming.

"This is a major milestone in the U.S.-China relationship," Obama said, with Xi at his side. "It shows what's possible when we work together on an urgent global challenge."

Webmaster's Commentary: 

THIS is the only thing coming out of these negotiations, as unhinged as it is from actual climate science, because it was the only thing which be seen as an escape and "win" from the other pressing issues on which Obama had "no game" here.

The monetary shift to the Yuan is not going to stop; neither is the increased military spending by the Chinese government and its development of weapons which may at least rival, if nor surpass, those of the US military; nor is China's push to control the South China seas.

In other words, this loose agreement was the only thing that Obama could take away from this conference without looking like an abysmal failure.

Nov 12 09:13

CHINA JAILS CIA’S UIGHUR IMAMS

More recently the CIA surrogate, the State Department’s National Endowment for Democracy, has fanned the flames of unrest in China’s Xinjiang where separatists are calling for a state they dub East Turkistan.?
China has imprisoned around two dozen Uighur Muslim leaders in the western region of Xinjiang for “illegal religious activities.”

The convicted suspects were given prison terms ranging between five and 16 years, according the China’s state-run news service.

Aljazeera reports China is concerned enemies of the state in Xinjiang may receive support from Islamists in nearby Pakistan and Afghanistan.

Webmaster's Commentary: 

The timing of this revelation, with Obama in China for the APEC conference really, really BITES for him!

But attempted destabilization, courtesy of the US government, has always been a tool in its arsenal of "statescraft".

Nov 12 08:20

What China-Japan APEC Talks Could Mean for Investors

Yet it’s clear the country that gave us spectacular double-digit gross domestic product (GDP) growth for years is now struggling. The Chinese economy has already seen its growth slow, coming in at 7.3% in the third quarter, the slowest pace since 2008. And it isnow threatening to fall short of the 7.5% target set by the government. At this point, it doesn’t look like the target will be met. In fact, there are whispers that the target could be cut to seven percent in 2015 if the global economy doesn’t experience a stronger recovery.

Pundits and China bears have been calling for the great collapse of China, specifically in the real estate and financial spaces. Yes, there is softness here, but we have yet to see a bigger crack form. You can bet the Chinese government will do whatever is necessary to reinforce its economy’s weak points. And China can definitely do this, given the fact that the country has about $3.0 trillion in reserves.

Webmaster's Commentary: 

Left unsaid is that China's former growth was powered in large part by exported to the US. But the American consumers are not buying anything from China or anywhere else; their wealth having been stripped away by the war economy and Wall Street money-junkies. This is an inevitable downside to globalism. When one nation starts to fail (the US) it drags down the rest of the world with it.

Nov 11 12:13

China Turns Up the Rhetoric Against the West

Even as his government was making red-carpet plans to host President Obama this week, the Chinese president, Xi Jinping, praised a young blogger whose writing is best known here for its anti-American vitriol.

In one widely circulated essay published by state news outlets titled “Nine Knockout Blows in America’s Cold War Against China,” the blogger, Zhou Xiaoping, argued that American culture was “eroding the moral foundation and self-confidence of the Chinese people.” He compared unfavorable American news coverage of China to Hitler’s treatment of the Jews. In another essay, he said the West had “slaughtered and robbed” China and other civilizations since the 17th century, and was now “brainwashing” it.

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