CHINA | WHAT REALLY HAPPENED


CHINA

Oct 13 07:12

China will use gold and gold pricing to force global currency reset

On Sept. 30, statistician and economist Dr. Jim Willie was a guest on the Caravan to Midnight radio show to talk about current financial, economic, and geo-political events. During his three hour interview, Dr. Willie stated that one of the purposes behind China's creation of the new Shanghai gold exchange is to eventually take over global price controls for the monetary metal away from the Comex, and then force a global currency reset by raising the price of gold to its true or actual value.

Webmaster's Commentary: 

If the price of gold cannot be kept low, people will abandon the stock market and their savings accounts for the metal. Worse, the holders of gold commodities contracts will be unwilling to settle the contracts for the cash value if gold is heading up, and the sellers of those contracts, who printed and sold far more contracts than they have gold to cover, will default.

Oct 13 06:53

China Claims US Behind Hong Kong Protest!

Oct 11 07:13

Home> InternationalJapan, US Revising Defense Plans With Eye on China

Japan and the United States are revising their mutual defense guidelines for the first time in nearly two decades to respond to China's military expansion and increase Japan's role in regional defense.

An interim report released Wednesday says the U.S. and Japan are pursuing a wider partnership that requires "enhanced capabilities and greater shared responsibilities."

The revision, the first since 1997, comes at a time of heightened Japan-China tensions over islands claimed by both countries in the East China Sea, as well as continuing concern about North Korea's missile and nuclear weapons development.

"What we need to address today is quite different from what we were aiming for in 1997," Koji Kano, a Defense Ministry official in the Japan-U.S. cooperation division, told reporters earlier this week. "The point is how Japan and the U.S. can respond better in the current environment."

Webmaster's Commentary: 

Translation: the US government is looking at a war against both China and Russia.

Oct 08 09:29

China builds military airstrip on disputed island, reports state media

Beijing has completed a runway for military aircraft on a South China Sea island also claimed by Vietnam, state-run media reported, as it asserts its territorial claims in the area.

The newly built facility stretches across Woody Island, part of the Paracel chain, China’s Xinhua news agency said late Tuesday.

The Paracels are also claimed by Vietnam and Taiwan, and tensions between Beijing and Hanoi rose this year over Chinese construction and oil exploration there.

The runway is Beijing’s latest physical assertion of control in the area, two years after it declared a city named Sansha centered on Woody Island — known as Yongxing in Chinese — to administer vast swathes of the South China Sea.

Vital shipping routes run through the waters and they are believed to sit atop vast oil and gas deposits. Parts of the sea are also claimed by the Philippines, Vietnam, Malaysia, Brunei and Taiwan.

Oct 08 08:59

IMF: China overtakes US as world’s largest economy

Chris Giles at the Financial Times flagged up the change. He also alerted us back in April this year that it was all about to happen.

Basically, the method used by the IMF adjusts for purchasing power parity, explained here.

The simple logic is that prices aren’t the same in each country: A shirt will cost you less in Shanghai than San Francisco, so it’s not entirely reasonable to compare countries without taking this into account.

Though a typical person in China earns a lot less than the typical person in the US, simply converting a Chinese salary into dollars underestimates how much purchasing power that individual, and therefore that country, might have. The Economist’s Big Mac Index is a great example of these disparities.

So the IMF measures both GDP in market exchange terms, and in terms of purchasing power. On the purchasing power basis, China is overtaking the US right about now and becoming the world’s biggest economy.

Webmaster's Commentary: 

This is the reason that we may well be looking at a major war between the US and China; it would be the US government's (ill-advised) attempt to put China's economic growth on hold.

Oct 07 06:47

Russia, China capable of defeating US in nuclear war: Prof. Fetzer

An eminent American political commentator says Russia and China are capable of defeating the United Sates in a nuclear war.

In an interview with Press TV on Monday, Professor James Henry Fetzer also said that Americans must wake up to the fact that a nuclear exchange would kill hundreds of millions of people.

He said, “The very idea that the United States should be concerned that Russia and China are giving every indication that they are not going to back down from American and Western encroachment in the Middle East and in Eastern Europe, is incredibly naïve on the part of any American authorities because we have been undertaking one provocative action after another.

Webmaster's Commentary: 

Even if the US "wins" a nuclear war with Russia and China, it will be by a thin margin and the difference will hardly be noticeable for ordinary people living in the rubble.

Oct 06 08:54

Hong Kong civil servants back at work as protests subside

Hong Kong civil servants returned to work at the government's headquarters Monday as pro-democracy protests which have paralysed the area for more than a week subsided in the face of a deadline to disperse.

Dozens of workers streamed along a footbridge and into the Central Government Offices complex in the harbourside Tamar district, an AFP reporter saw. Several hundred protesters remained in the area, well down on past numbers.

Oct 05 12:55

HOW TO COOK UP A FAKE "PEOPLE's UPRISING"!

INGREDIENTS

A ton of American cash from the CIA and/or George Soros
Small army of undercover CIA agents
Controlled "Human Rights /Pro Democracy" groups
Idealistic "Western wannabee" college brats
Easily manipulated do-gooder "libtards"
Professional signs & banners written in English
Bribable / blackmailable journalists
Bribable / blackmailable politicians
Bribable / blackmailable academics
Corrupt Union bosses
Violent "Agent Provocatuers"

Oct 03 06:58

US Now Admits it is Funding "Occupy Central"

Just as the US admitted shortly after the so-called "Arab Spring" began spreading chaos across the Middle East that it had fully funded, trained, and equipped both mob leaders and heavily armed terrorists years in advance, it is now admitted that the US State Department through a myriad of organizations and NGOs is behind the so-called "Occupy Central" protests in Hong Kong.

Oct 01 09:55

Police officer taps Hong Kong protester on shoulder, then pepper sprays him directly in the face

New video of a protester in Hong Kong being sprayed directly in the
face with pepper spray by a police officer is quickly becoming a symbol
of fight for greater freedom in the one-time British colony.
In the video a grey haired protestor can be seen with his back to the
police line. Suddenly an officer reaches out and taps the man on his
shoulder which makes the man turn, Instantly the officer can be seen
pepper spraying the protester directly in the face at close range.

Oct 01 08:58

Is the U.S. Secretly Egging On Hong Kong Protesters?

The mass demonstrations in Hong Kong are dramatic, indeed. And given that Hong Kong has long enjoyed a more liberal existence under British rule, protests against a more authoritarian Chinese government (at least it used to be more authoritarian) are not entirely surprising.

But Chinese officials accuse the U.S. of egging on the protests.

Webmaster's Commentary: 

Of course the US is behind this. If they can bring down the current Chinese government and replace it with one friendly to US interests, then BRICS will be destroyed before it goes active in January!

This continues a well-established practice by the United States of overthrowing democratically elected governments around the world and replacing them with US puppet rulers.

Instances of the United States overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)

China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Libya 2011 *
Syria 2012
Ukraine 2014
China 2014(?)

Sep 30 14:44

US steps up interference in China amid Hong Kong pro-democracy protests

The United States has stepped up its interference in China’s internal affairs, saying Washington “supports the aspirations of the Hong Kong people” amid continuing pro-democracy protests in the Chinese territory.

White House spokesman Josh Earnest said on Monday Washington backs “universal suffrage in Hong Kong in accordance with the Basic Law and we support the aspirations of the Hong Kong people.”

Earnest said the legitimacy of Hong Kong’s chief executive will be greatly enhanced if he is elected by universal suffrage according to the Basic Law.

Webmaster's Commentary: 

"But those Scottish voters can go pound herring!" -- Official White Horse Souse

Sep 30 12:13

G-77, China condemn coercive sanctions against Iran

In a resolution issued on the sidelines of the 69th annual session of the UN General Assembly in New York on Friday, foreign ministers of the Group of 77 plus China for the first time explicitly rejected as unacceptable the imposition of unilateral economic sanctions against Iran.

Such sanctions would have adverse consequences on the development of the Iranian nation, the resolution said, calling for the immediate removal of the bans.

The illegal US-engineered sanctions on Iran have been imposed based on the accusation that Tehran is pursuing non-civilian objectives in its nuclear energy program.

Sep 30 10:40

Hong Kong Riots US Gov Plot?

Sep 30 10:36

China Accuses U.S. of Fomenting Hong Kong Unrest

The U.S. has certainly promoted regime change worldwide, often by using non-governmental organizations as front groups to funnel money to dissidents who will overthrow the government.

For example, USAID has been called the “new CIA”, and FBI whistleblower Sibel Edmonds told Washington’s Blog that the U.S. State Department is involved in many “hard power” operations, often coordinating through well-known “Non-Governmental Organizations” (NGOs). Specifically, Edmonds explained that numerous well-known NGOs – which claim to focus on development, birth control, women’s rights, fighting oppression and other “magnificent sounding” purposes or seemingly benign issues – act as covers for State Department operations. She said that the State Department directly places operatives inside the NGOs.

Edmonds also told us that – during the late 90s and early 2000s – perhaps 30-40% of the people working for NGOs operated by George Soros were actually working for the U.S. State Department.

Sep 30 10:23

HONG KONG PROTESTS PART OF HILLARY'S "CHINA WILL PAY" THREAT

Today's big story tells of a "spontaneous" student uprising and a horrible "crackdown" taking place in Hong Kong (part of China for past 20 years). As loyal readers of The Anti-New York Times are well aware of by now, yet unbeknown to most of the silly young University punks of Hong Kong, these types of protests are the clear handiwork of the CIA. The fact that factory workers have joined the students is further evidence that this is a "color revolution' maneuver.

Webmaster's Commentary: 

I am sure that Hillary will see this as revenge on China for standing up for Assad, but I think the primary agenda is to wreck BRICS before it fully activates in January!

Sep 30 10:19

Office opposes foreign interference in HK

The Office of the Commissioner of the Ministry of Foreign Affairs in the HKSAR — discussing media tycoon Jimmy Lai Chee-ying’s meeting with a former US official — said it opposed foreign forces interfering in Hong Kong’s affairs.

A special edition of Eastweek showed Lai, owner of Next Media and Apple Daily, meeting Paul Wolfowitz, a former US deputy secretary of defense in George W. Bush’s administration. The pair met on Lai’s private yacht for five hours in late May.

Webmaster's Commentary: 

The US hand in the China protests is showing itself!

Sep 29 13:05

Stunning Drone Clip Reveals Massive Size Of Hong Kong Protest

For those curious why the Hong Kong protests over the weekend have sent shivers across the world’s capital markets, pushed the Hang Seng 2% lower, and impacted both European and US futures, not to mention leading to worries that China may get involved any second and result in another Tiananmen square event, the following clip from HK’s Apple Daily, taken by a drone, shows just how massive the demonstrations, which according to some estimates involved just why of 100,000 people, taking place in Hong Kong are.

Webmaster's Commentary: 

The crowd doesn't look all that large. Certainly smaller than Egypt's revolution that ousted Mubarak. About the size of the manufactured crowds the US created in Iran in 2009 and Ukraine last January!

Sep 29 12:17

Hong Kong police prepared to escalate use of force against pro-democracy protestors

Police are prepared to use escalating levels of force to dislodge tens of thousands of pro-democracy protestors from the central business district of Hong Kong, says the son of a former senior official.

Webmaster's Commentary: 

This is feeling like another one in a long series of US-backed covert attempted overthrow of a foreign government. Since the end of WW2 the US has tried to covertly overthrow the governments of over fifty nations, succeeding about half the time. Successes include Iran in 1953 and Chile in 1973. Failures would include Iran in 2009, and I think at this point one could hardly call last January's overthrow of the elected government of Ukraine a stunning success!

Sep 29 09:29

LATUFF’S SPOOF ON PLAYING WITH FIRE IN HONG KONG

Hong Kong Protesters Defy Officials’ Call to Disperse
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Sep 29 07:19

Recent US military drills focus on possible war with China: Report

Stars and Stripes explained in a detailed report the Pentagon’s Air-Sea Battle concept during last week’s Valiant Shield exercise over the western Pacific Ocean.

The exercise with 18,000 US forces tested the concept, which is a set of tactics that blinds an enemy’s communications in space and cyberspace and destroys land- and sea-based weapons platforms, the report said.

It added that China is the only country in the Pacific with type of “anti-access, area-denial” capability that participants of the drills fought against.

Webmaster's Commentary: 

"In case the destabilization in China doesn't work out, you know!" -- Official White Horse Souse

Sep 29 06:48

“THEY CAN’T KILL US ALL” Say The People In Hong Kong

Good morning and welcome to Hong Kong’s live coverage of Occupy Central.

After a night of protesters taking to the streets and sleeping on main roads throughout the city, dawn broke with no sign that the demonstrations would ease off.

There is widespread disruption across the city this morning. Stay tuned for all the breaking news.

Webmaster's Commentary: 

This is starting to look like another US-backed covert overthrow in progress.

Sep 25 18:50

Will Russia and China Hold Their Fire Until War Is the Only Alternative? — Paul Craig Roberts

Obama’s September 24 speech at the UN is the most absurd thing I have heard in my entire life. It is absolutely amazing that the president of the United States would stand before the entire world and tell what everyone knows are blatant lies while simultaneously demonstrating Washington’s double standards and belief that Washington alone, because the US is exceptional and indispensable, has the right to violate all law.

It is even more amazing that every person present did not get up and walk out of the assembly.

The diplomats of the world actually sat there and listened to blatant lies from the world’s worst terrorist. They even clapped their approval.

Sep 24 12:48

Astronaut Chris Hadfield uses China trip to promote space cooperation

China’s space programme is “open for business”, the astronaut Chris Hadfield has said while calling for more international cooperation during a visit to Beijing to meet his Chinese counterparts.

Webmaster's Commentary: 

"Now that we pissed off the Russians, can we hitch a ride with you up to the ISS? Please? Can we? Huh?"

Sep 23 09:54

China won’t support sanctions against Moscow

China will never support any sanctions against Russia and will never join them, Valentina Matviyenko, speaker of the Russian parliament’s upper house said, citing Chinese President Xi Jinping, with whom she met on Tuesday.

Sep 22 11:51

China set to win Asia gold pricing race with new exchange

China launched a gold exchange open to foreign players for the first time on Thursday, putting the world's top bullion buyer on track to win a race to set the benchmark price in Asia.

Webmaster's Commentary: 

Chine is selling physical gold. The western banks sell paper contracts. Which would you rather have?

Hint: Your wife cannot wear a paper contract around her neck to the Opera.

Sep 22 08:30

Chinese warships in first call at an Iran port

Two Chinese destroyers have arrived at Iran's Gulf port of Bandar Abbas, in an unprecedented visit attesting to a new rapprochement between the two countries, Iranian media reported Sunday.

The four-day visit is the first time a Chinese naval vessel has called at a port in the Islamic republic, across the Gulf from Bahrain where the US Fifth Fleet is based.

Sep 21 14:57

China sends surveillance ship to monitor US naval drill off Guam

China sent a surveillance ship to waters off Guam to monitor a US naval drill, the exercise’s operational chief said yesterday.

Over the past week, the Chinese Dongdiao-class auxiliary general intelligence – or AGI – ship has been in waters near the site of Exercise Valiant Shield, a biannual training exercise that began on Monday and ends on Tuesday, said Rear Admiral Mark Montgomery.

Sep 21 14:53

Official: Chinese Flotilla's Presence in Hormuzgan Waters Sign of Iran-China Alliance

"The presence of a Chinese navy flotilla in Iran's Southern port of Bandar Abbas is indicative of solidarity between the two nations and armies," Hormuzgan Governor General Jassem Jadari said in a meeting with the commanders and crew members of the Chinese navy flotilla in Bandar Abbas on Sunday.

He noted that Iran and China have closely cooperated in combat against pirates in the high seas in recent years, and said, "Hormuzgan province is of particular importance due to its strategic status and its location near the Strait of Hormuz and also the presence of flotillas of different countries in there."

The commander of the Chinese flotilla, for his part, said that his warships berthed at Bandar Abbas at the end of their mission for protecting trade ships against pirate attacks in a move to consolidate the friendly ties between the Chinese and Iranian nations and navies.

Sep 21 13:40

China advances gold exchange launch, Singapore delays contract

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues.

Webmaster's Commentary: 

The significance of China's gold exchange is that the western banking system will no longer be able to dominate the price of gold to protect their paper assets.

Sep 21 09:44

US Navy: Russia, China submarines can strike American bases

US Navy’s top Atlantic Submarine Force commander Adm. Michael Connor has warned that Russian and Chinese naval forces are becoming capable of attacking American bases.

Webmaster's Commentary: 
Sep 20 18:56

This Is Why China Russia & China Are Now "The Enemy"

The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world.

Sep 17 09:52

Chinese ambassador to Iceland arrested for spying for Japan

Beijing News executive editor Carlyle said, Chinese Ambassador to Iceland Ma Jisheng (served in India, in Japan Counsellor), on suspicion of leaking state secrets to Japan, before the 57th birthday this year, was arrested by the State Security Department People's Republic of China.

Sep 16 07:27

Mikdad: Alliances that exclude Syria, China, and Russia may have certain agendas

Deputy Foreign and Expatriates Minister Fayssal Mikdad said than alliances that exclude Syria, China, and Russia may have certain agendas in mind.

In a statement to al-Manar TV on Sunday, Mikdad said that the statements made in the past two days by the states that attended the meeting in Jeddah indicate that there is a real disagreement among those states, as some of them stated that they will not join the proposed alliance, while some said that they won’t arm or fund.

Webmaster's Commentary: 

The coalition is a snow-job. The real US agenda, as always,is the removal of Assad and his replacement with a US friendly puppet.

Sep 15 12:39

Malaysia Risks China’s Wrath By Inviting US Spy Flights

Malaysia’s reported invitation to the United States to fly spy planes out of East Malaysia on the southern rim of the South China Sea seems likely to intensify China’s anger at US surveillance of the strategic waterway and its disputed islands, analysts say.

Sep 15 08:08

China forming plans to take away gold market and price discovery power from U.S.

Since the beginning of the year, and perhaps even going back to the end of the 2008 credit crisis, gold and silver markets in both London and the U.S. have seen a massive amount of manipulation by the bullion banks in an effort to protect the dollar and reserve currency at the same time the Federal Reserve began implementing the policies of ZIRP, QE, and direct monetizing of U.S. debt. This of course has led the spot price of gold in the physical, paper, and futures markets to become depressed so much that several global miners no longer are able to make a profit from excavating and refining the precious metals.

Sep 15 07:14

WORLD WAR 3 FOR DUMMIES

A Step-by-Step Guide to Understanding the Present World Situation

Webmaster's Commentary: 

This is worth saving and forwarding to your friends!

Sep 13 08:24

End Of Empire - The 'De-Dollarization' Chart That China And Russia Are Banking On

History did not end with the Cold War and, as Mark Twain put it, whilst history doesn’t repeat it often rhymes. As Alexander, Rome and Britain fell from their positions of absolute global dominance, so too has the US begun to slip. America’s global economic dominance has been declining since 1998, well before the Global Financial Crisis. A large part of this decline has actually had little to do with the actions of the US but rather with the unraveling of a century’s long economic anomaly. China has begun to return to the position in the global economy it occupied for millenia before the industrial revolution. Just as the dollar emerged to global reserve currency status as its economic might grew, so the chart below suggests the increasing push for de-dollarization across the 'rest of the isolated world' may be a smart bet...

Sep 13 08:15

$5 billion in loans offered to members of group

China offered $5 billion in loans to other member states of the Shanghai Cooperation Organization for project financing, in a bid to provide them more flexible trade options, infrastructure facilities and security solutions to develop a regional economy.

Sep 12 09:50

Putin looks to Asia as EU announces new sanctions

"I believe it is necessary to further improve the efficiency of our interaction to meet the challenges of the time," Putin said at a summit of the Shanghai Cooperation Organisation

Sep 10 20:50

What Petrodollar: Russia, China To Create SWIFT Alternative

According to Itar-Tass, Russia and China are discussing setting up a system of interbank transactions which will become an analogue to International banking transaction system SWIFT, First Deputy Prime Minister Igor Shuvalov told PRIME on Wednesday after negotiations in Beijing.

"Yes, we have discussed and we have approved this idea," he said.

Sep 10 08:46

What Country Just Deployed Troops To Defend Its Oil Fields Located On A Distant Continent?

If this was the 90s, the correct answer with 99.9% certainty, would have been unequivocally the United States. However, perhaps as a testament to how the times have changed, not to mention the geopolitics and the dominant global superpowers, the answer this time is not the US but instead China. And the country where according to the WSJ, China has deployed some 700 soldiers as part of a United Nations "peacekeeping" force, is South Sudan where the Chinese troops will help guard the country's embattled oil fields and protect Chinese workers and installations, a spokesman for the African nation's president said Tuesday.

Sep 09 08:27

Russia's Response To European Capital Sanctions In One Word

While the West continues to press the "Russia is increasingly isolated" meme, it appears - as we noted ironically previously, that Vladimir Putin is finding plenty of friends... most notably China. While threats of 'asymmetric' retaliation over European sanctions may have been enough to worry Europe's leaders, the slew of news overnight regarding increased cooperation between China and Russia is likely more damaging to Western strategy (and egos).

Sep 02 06:59

China, Zimbabwe ink slew of cooperation deals

China and Zimbabwe have inked several cooperation agreements on finance, agriculture and tourism during a state visit by Zimbabwe President Robert Mugabe.

In a snub to Western nations who have imposed sanctions on leaders in the country, including Mugabe himself, China said the world must respect Zimbabwe’s sovereignty.

Webmaster's Commentary: 

Zimbabwe just made the Special High Interest Targets list!

Aug 29 05:37

Chinese soldiers to train in Northern Aust

FOR the first time, Chinese troops will train with Australian and US soldiers in a land exercise in the Northern Territory.

Aug 28 08:39

China vows to respond to US surveillance flights

China said Thursday it will continue responding to U.S. military surveillance flights off its coast, rejecting American accusations that one of Beijing's fighter jets acted recklessly in intercepting a U.S. Navy plane last week.

Defense Ministry spokesman Yang Yujun said China's military would closely monitor U.S. flights and reiterated calls for the U.S. to scale back or end such missions altogether.

Aug 27 09:07

Russia’s Gazprom Neft to Sell Oil for Rubles, Yuan

The Russian oil company Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers, the Russian business daily Kommersant reported Wednesday.

The Russian government and several of the country’s largest exporters have widely discussed the possibility of accepting payments in rubles for oil exports.

Last week, Russia began to ship oil from the Novoportovskoye field to Europe by sea. Two oil tankers are expected to arrive in Europe in September. According to Kommersant, the payment for these shipments will be received in rubles.

Gazprom Neft will not only accept payments in rubles; subsequent transfers via the ESPO may be paid for in yuan, the newspaper reported.

According to the newspaper, the change in currency was made because of the Western sanctions against Russia.

Webmaster's Commentary: 

And please note that the US dollar has been neatly expunged from any of these transactions!!

Aug 27 08:46

Western sanctions push Russia, China closer; hurt dollar

y forcing Russia to conduct more business in the yuan and other Asian currencies, the U.S. may be speeding up the end of the petrodollar and giving China more prominence on the world stage.

As the West tightens financial sanctions against Russia over the conflict in Ukraine, Russian businesses are reducing their exposure to the dollar to minimize the damage from still tougher punishments. Many of these businesses have turned to the Hong Kong dollar as an alternative to the greenback.

Russian mobile phone carrier MegaFon said it will convert 40% of its dollar- and euro-denominated cash reserves into Hong Kong dollars.

Major nonferrous metal producer Norilsk Nickel has also decided to shift its U.S. dollar funds into the Hong Kong dollar.

Webmaster's Commentary: 

It has become painfully obvious that a major, mandatory prerequisite for working for this Administration is the pathological inability to think things through to their logical conclusion.

I am having an industrial strength, palm to forehead moment, at velocity, upon reading this!!

Aug 25 10:52

VIRTUAL 9-11: Will the US & Israel Hack The US Banking System Computers and Falsely Blame It On Iran (or Syria or Russia or China)?

So what it looks like is being planned, and pre-sold to the American people with all these stories about celebrities' personal information being hacked and made public (an activity that produces no profit for the hackers other than news headlines), and the "Syrian" (nudge nudge wink wink) hack of the AP Twitter feed that shocked the US stock market, is that the US Government will itself take down the US financial computers, and blame it on Iran /Russia/ China/Al Qaeda/Syria/Arabs and others to be named as convenient. This gets Wall Street and Washington DC off the hook, because now the financial melt-down is an act of war, rather than the result of decades of Wall Street crime and corruption and the predations of Private Central Banks. US banks have already been hit with cyber attacks, to set the stage.

Webmaster's Commentary: 

Reposted in light of Today's warming from Wall Street of an impending cyber-attack, along with the wag-the-ISIS from the corporate media.

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Aug 24 08:25

China’s Reaction: America Is A “Disgusting Thief Spying Over His Neighbor’s Fence”

Only hours ago the US government announced that a Chinese fighter jet had intercepted an American military patrol plane over international waters east of China’s Hainan Island.

A Pentagon spokesman called China’s actions “unsafe and unprofessional”, and blasted such unprovoked aggression.

There was no mention as to why a US surveillance plane was just off the Chinese coast to begin with. They’re just playing the victim… and rather loudly at that.

Aug 24 07:48

U.S. Sends Second Carrier to Asia Amid Tensions with China

The Navy is sending a second aircraft carrier strike group to the Asia Pacific region amid new tensions with China over a dangerous aerial encounter between a Chinese interceptor and Navy P-8 surveillance craft.

The strike group led by the USS Carl Vinson departed San Diego for the Pacific on Friday, the Navy said in an announcement of what it terms a “planned” deployment.

China’s military on Saturday, meanwhile, demanded an end to all U.S. monitoring flights and called U.S. criticism of dangerous Chinese jet maneuvers false.

Webmaster's Commentary: 
Aug 24 07:18

Chinese ships log 20th intrusion into Senkaku waters this year

Four China Coast Guard vessels intruded into Japanese territorial waters Sunday morning near the disputed Senkaku Islands in the East China Sea, the Japan Coast Guard said.

It was the 20th intrusion by Chinese government ships this year and the first since Aug. 12.

Aug 24 07:18

Rights before weapons for Vietnam

Earlier this month, Senator John McCain indicated that it was time for the United States to consider selling lethal weapons to Vietnam after a 30-year embargo. The recent maritime standoff between Beijing and Hanoi over Chinese oil exploration off the central coast of Vietnam exposed Hanoi’s many strategic weaknesses.

Providing Vietnam with coast guard and maritime systems as a first step - and eventually radar, fighter aircraft and spare parts for leftover American military equipment - would bolster Hanoi’s strategic capabilities vis-a-vis China and give substance to the "comprehensive partnership" announced last year between Hanoi and Washington.

Aug 24 07:12

Here Is The Chinese Fighter Jet That Harassed A U.S. Surveillance Plane

U.S. defense officials told the Washington Free Beacon on Thursday that a Chinese interceptor flew within 50 feet (15 meters) of a Poseidon surveillance aircraft earlier this week The officials said the fighter jet made a barrel roll over the top of the American jet, a move they described as threatening and dangerous.

Webmaster's Commentary: 

Unless it's Tom Cruise in "Top Gun", then everyone cheers!

Aug 22 12:33

Pentagon says Chinese Jet Carried Out ‘Aggressive’ and ‘Dangerous’ Intercept of Navy Intelligence Jet

The Pentagon on Friday called a Chinese jet’s encounter with a U.S. anti-submarine warfare aircraft an “aggressive” and “dangerous” act and said it has protested the action with Beijing.

Webmaster's Commentary: 

Yep. Gotta kick up war with the Yuan as long as we are going after the Ruble!

Aug 21 08:15

Warren Buffett And The Chinese Are Loading Up On Hard Assets

In the last several years, Warren Buffett went out and bought the Burlington Northern and Santa Fe Railroad. He didn’t just buy some stock, he bought the whole thing, took it private...A railroad is nothing but hard assets. It’s right of way, mining rights adjacent to the right of way, rail, rolling stock, yards, switches, signals, buildings, it’s all hard assets. How does the railroad make money? It makes money by moving hard assets so coal, wheat, corn, steel, other kinds of freight, etc. So, railroad is the ultimate, its hard assets moving hard assets. It’s the ultimate hard asset play. Warren Buffett’s next deal was to go out and buy massive natural resources in oil and natural gas. And by the way, he can move his oil on his railroad. He doesn’t need the Keystone Pipeline. You line up a hundred tanker cars, that’s a pipeline on wheels...

Aug 19 15:18

China troops enter disputed India territory: sources

Chinese troops have advanced in recent days into disputed territory claimed by India, echoing a similar incursion last year that raised tensions between the two rival giants, official sources said on Tuesday

Aug 15 10:41

China Is Rejecting GMO Corn and That Isn't Good for American Farmers

The industrial agribusiness has embraced GMOs in the United States, but it's having a serious effect on farmers. Most recently, China began rejecting a variety of genetically modified US corn, and the rejection is reportedly costing American farmers upwards of $3 billion, according to the National Feed and Grain Association. A rejection of US grain in China has serious consequences here on home turf, as the country is one of the top importers of US corn, and its demand is projected to grow. But not if GMOs are involved.

Aug 14 08:59

Experts Smash Untruths About Glyphosate, GMOs at Beijing Conference

“The size of the event and the media interest in China surrounding it shows that the issue of GMOs and glyphosate-based herbicides is now being taken very seriously at all levels of Chinese society.”

Aug 13 12:05

BRICS are drifting away from US and European monetary structures

The BRICS countries (Brazil (EWZ), Russia, India (EPI), China (FXI), and South Africa) are slowly but surely drifting away from the 20th Century monetary and political structures setup by the U.S. (SPY) and Europe (EZU), as characterized by Russia’s G8 membership being revoked in the wake of the events in Crimea. The G7, as it is now known, is at odds with Russia’s Vladimir Putin, but that rift applies to the entire BRICS coalition — a group that seems to be growing stronger and more focused as leader of the Emerging Markets.

Aug 12 08:40

Is China Hiding Their Tracks On Gold Imports?

But is China’s hunger for gold really falling down?

Let’s examine another chart which was created recently by gold analyst Koos Jansen from In Gold We Trust and released on BullionStar.

The chart shows that total imports to China in the first half of 2014 are already as high as total imports in 2013.

Moreover, official Chinese gold reserves have increased compared to a year ago.

Aug 09 17:50

De-Dollarization Accelerates - China/Russia Complete Currency Swap Agreement

The last 3 months have seen Russia's "de-dollarization" plans accelerate. First Gazprom clients shift to Euros and Renminbi, then the UK signs currency swap agreements with China, then NATO ally Turkey cuts ties and mulls de-dollarization, Switzerland jumps in the currency swap agreements, and BRICS create their own non-US-based funding vehicle, and then finally this week, Russia's oligarchs have shifted cash holdings to Hong Kong. But this week, as RT reports, Russian and Chinese central banks have agreed a draft currency swap agreement, which will allow them to increase trade in domestic currencies and cut the dependence on the US dollar in bilateral payments. “"The agreement will stimulate further development of direct trade in yuan and rubles on the domestic foreign exchange markets of Russia and China," the Russian regulator said.

Aug 09 16:38

Feinstein warns of risk of ISIL attack on America

Senate Intelligence Chairwoman Dianne Feinstein warned Friday of the risk that the insurgent group ISIL could be preparing fighters to attack American and European targets.

Webmaster's Commentary: 

TRANSLATION: Here comes the really big false flag to trick Americans into more war, and worse, a draft!

Aug 08 09:36

Obama Continues Psyop Against Russia, Threatens China, in Interview with The Economist

On the eve of Obama’s meeting with African politicians, he gave an interview with obsequious editors and reporters from The Economist. He used it to attack Russia and Putin once again. The objective was clear: To dismiss Russia as weak and irrelevant and so to drive other countries away from it, including China and the EU.

Webmaster's Commentary: 

It appears that Obama is becoming more and more detached from reality as days go by, which is very worrisome. Whether he is on some kind of min-altering drugs is something we will never know.

Theoretically, this is something from which the 25th Amendment was supposed to protect American citizens; a president who has become completely emotionally or physically unglued can be removed from office.

But who in Congress, and Obama's Executive team, would have the "male attributes" to do this?!?

Unfortunately, the short answer is no one.

Aug 08 08:19

China to build lighthouses on five isles in defiance of U.S. call

China plans to build lighthouses on five islands in the South China Sea, state media reported on Thursday, in defiance of calls from the United States and the Philippines for a freeze on such activity to ease tension over rival claims.

Webmaster's Commentary: 

"What? They are building LIGHTHOUSES?!? Aids to navigation?!?!? THIS MEANS WAR WITH THE YUAN ... I mean WAR WITH CHINA!!!" -- Official White Horse Souse

Aug 06 07:34

China Said to Exclude Apple From Procurement List

China’s government excluded Apple Inc. iPads and MacBook laptops from the list of products that can be bought with public money because of security concerns, according to government officials familiar with the matter.

Webmaster's Commentary: 

Thank you NSA for wrecking the American IT industry! Hope you are proud of yourselves!

Aug 06 06:26

Obama says being firm with China is key to partnership

While suggesting the United States and Europe should welcome China as a full partner in the international community, President Barack Obama said that it is necessary to deal with the country firmly, when interviewed by the Economist on Aug. 2.

Webmaster's Commentary: 

The exact opposite of how Obama handles Israel!

Jul 29 10:28

China, Japan and Russia zero in on Latin America

The leaders of China, Russia and Japan all descended on Latin America in recent weeks, jostling with the United States to increase their influence, invest and tap into resource-rich markets.

The latest arrival was Japanese Prime Minister Shinzo Abe, who on Monday was in Trinidad and Tobago, the second stop on a five-country tour that began on Friday in Mexico.

Abe’s visit began just as Chinese President Xi Jinping wrapped up his tour, which included stops in Brazil, Argentina, Venezuela and Cuba. Xi signed more than 100 trade agreements on the trip.

Russian President Vladimir Putin was in the region for a week from July 11, stopping in Argentina, Brazil, Nicaragua and Cuba.

The United States remains Latin America’s top trade partner, but gone are the days when Washington could take the region for granted as its backyard.

Webmaster's Commentary: 

As this economic evolution continues, particularly with Russia and China, watch the US dollar get dumped in favor of direct trade in the yuan and ruble.

Jul 28 10:35

China Cements Eurasian Trade Routes With Great Silk Road Revival:

When it comes to the rise of Eurasia as the ascendent axis set to oppose US global hegemony, conventional wisdom focuses on the roles of China and Russia. However, the changing geopolitical landscape is certainly far more nuanced than merely the "west" versus the BRICS, and as the following infographic from SCMP shows, China has been quietly working to recreate one of the most legendary trade routes, "the Silk Road", linking Africa to the Middle East (Iraq and Iran) to India, to Indonesia and all culminating in Beijing, while at the same time the reverse leg of the route goes to Kazakhstan, Moscow and ultimately, Germany. The purpose: "to enhance political and economic ties with southeast Asia and beyond."

Jul 28 09:50

Is Bangladesh the Newest Addition to China’s ‘String of Pearls’?

There has been a subtle shift in Narendra Modi’s attitude towards Bangladesh. Although in his pre-election rallies Modi had threatened to drive out the Bangladeshi infiltrators, his foreign minister Sushma Swaraj hardly mentioned the topic during her recently concluded visit to Bangladesh. The reason is very simple. China is now spreading its influence in Bangladesh very fast and India does not want to lose the confidence of Hasina Wazaed, the prime minister of Bangladesh, who is always looked upon in New Delhi as a traditional ally.

Jul 21 06:38

U.S. Showing It’s Prepared To Go To War With Russia And China

“The Obama administration announces that it’s going to spend billions of dollars, that it doesn’t have by the way for unemployment insurance and job creation or anything else, but they are going to spend billions of dollars — tens of billions of dollars — to upgrade the stealth bombers that are used really, or only intended to be used, against the very advanced countries”.

Webmaster's Commentary: 

Okay, Obama, if you really feel that way...

Here's your rifle, and here's your parachute. We ran out of the camo so here is a bright day-glo orange jump suit left over from Abu Ghraib. Watch your head climbing into that transport plane, and we will call Putin and tell him you are on your way to kick his butt all by yourself. But We The People know you are lying to us about Malaysian Airlines flight 17, just as you lied about Assad gassing his own people right in front of the UN chemical weapons inspectors, just like your predecessor lied about Saddam having nuclear weapons, just like previous Presidents have lied about torpedoes in the Gulf of Tonkin, Pearl Harbor being a surprise, the Lusitania not carrying military cargo, a Spanish mine in Hava harbor, etc. etc. etc. always with the intention of tricking this nation into wars of conquest.

And We The People are sick of it.

Our children are worth more than some stack of bank notes cowering in fear at the Ruble and the Yuan. If maintaining the US dollar as the global currency is that important to the bankers then put those owners of the federal Reserve into uniform and send them out to be killed and crippled.

We The People know how the war-scam works, and we will not be fooled by you liars in the Oval Office any longer. Fight your own damned war.

Jul 19 20:27

US showing prepared to go to war with Russia and China: Don DeBar

An American political commentator says he believes the United States’ plan to upgrade its stealth bombers is a message to Russia and China that it is prepared to go to war with them if need be.

Jul 19 20:27

US says China has sent ship to spy on RIMPAC drill

Jul 19 09:25

Chinese leader woos Latin America with deals

China's president pressed a charm offensive with Latin America on Thursday, signing deals with Brazil, meeting regional leaders and proposing a $20 billion infrastructure fund that highlights Beijing's growing interests in the region.

President Xi Jinping was greeted with a military honor guard in Brasilia by President Dilma Rousseff before overseeing the signing of a raft of agreements during a state visit.

Xi then met behind-closed doors with a dozen Latin American and Caribbean leaders, including Cuba's communist President Raul Castro.

After the summit, Rousseff said China proposed the creation of a $20 billion fund to finance infrastructure projects in Latin America and the Caribbean.

Webmaster's Commentary: 

I guess Obama will have to shoot down a passenger jet near China so he can start pushing for sanctions there as well!

Jul 19 09:24

BRICS meet South American leaders after bank deal

The BRICS group of emerging powers met Wednesday with South American presidents as they justified the creation of a development bank seen as an alternative to Western-dominated global financial organizations.

Jul 19 09:24

Brazil, China sign several trade, business deals

Brazil (AP) — Chinese President Xi Jinping ended a state visit to Brazil on Thursday by signing a wide-ranging series of trade and business agreements with the leader of Latin America's biggest nation.

Jul 19 09:23

China offers $20 billion fund for LatAm projects

Chinese President Xi Jinping proposed Thursday to create a $20 billion fund to finance infrastructure projects in Latin America and the Caribbean.

Jul 19 09:23

BRICS to launch bank, tighten Latin America ties

Brasilia (Brazil) (AFP) - The BRICS group of emerging powers will launch its own development bank at a summit next week, using its growing influence to establish a counterweight to Western-dominated financial organizations.

Jul 18 10:06

Jim Willie BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!

Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China.

Jul 15 08:42

B.C. aspires to trade Chinese currency

In a bid to lure more Chinese investment into the province, British Columbia Premier Christy Clark has billed Vancouver "the most Asian city outside of Asia."

Clark told an elite trade delegation Monday that the province is ramping up efforts to make trade deals with Asian nations, in part by charting a route to build the first international trading centre for the Chinese currency.

"Most of the world thinks of Asia still, or calls Asia the Far East. We call Asia the West," she told about 80 senior business executives with the APEC China Business Council to Canada, which represents some of the largest private and state-owned enterprises in China.

In fact, Clark told the invite-only forum her staff reoriented a massive map outside her Vancouver office, and now one side shows western Canada, while the other side displays eastern Asia.

Webmaster's Commentary: 

So now Canada moves away from the dollar!

Jul 14 16:49

‘World is still livable due to BRICS counterbalancing West’

The West is now starting to move to its final decay, with the Russia-China alliance becoming stronger, offering Latin America and other regions a multipolar model of the world, author and international consultant Adrian Salbuchi told RT.

Jul 11 08:56

NBC BEX - Hamas Firing China-Designed, Syria-Made M-302 Rockets: Israel

Smuggled Syrian-made rockets based on a Chinese design have boosted Hamas' 10,000-strong arsenal which is dominated by crude homemade devices, officials and experts say.

Webmaster's Commentary: 

If this were true (and not for one second am I buying this USDA Choice bovine excrement) then it means that Israel's starvation blockade of Gaza is totally ineffective. Israel has justified blocking food, medicine, schools supplies, even students' musical instruments into Gaza, all under the excuse that they are preventing HAMAS from obtaining military weapons.

Well, this sudden Israeli claim that HAMAS has thousands of rockets smuggled in proves the blockade simply does not work, and the only reason Israel continues the blockade is to increase the suffering of the Palestinians!


Jul 05 07:19

Rising red tide: China’s Navy in frenzy to build new nuclear-powered attack subs

China's military is investing heavily in advanced submarines, including both ballistic and cruise missile firing vessels and attack subs.

Webmaster's Commentary: 

If you saw the United States in an orgy of invasion against every nation that refused to bow to the dollar, you would be building weapons, too!

Jul 04 07:21

South Korea, China agree to direct trade in national currencies

South Korea and China have agreed to create a market for direct trading of the yuan and won, which is hoped, will help reduce the pressure of the US dollar, as well as cut foreign exchange costs and boost bilateral investment.

Jul 02 09:04

U.S. welcomes Japan’s move to lift of ban on military intervention

The United States Tuesday welcomed a historic shift by Japan to expand the role of its military by reinterpreting the terms of the nation’s US-imposed constitution.

“We have followed with interest the extensive discussion within Japan on the issue of exercising its right under the UN Charter to collective self-defense,” State Department deputy spokeswoman Marie Harf said.

“We welcome the government of Japan’s new policy regarding collective self-defense and related security matters.”

After months of political horse-trading and browbeating of opponents, Japanese Prime Minister Shinzo Abe said his cabinet had formally endorsed a reinterpretation of rules that have banned the use of armed force except in very narrowly-defined circumstances.

Under the new definition, Japanese troops will now be able to come to the aid of allies — primarily the United States — if they come under attack from a common enemy, even if Japan is not the object of the attack.

Webmaster's Commentary: 

This sets the stage for a shooting war against China, the economic rise of which has financial centers in the US mightily spooked.

Countries are now competing to do business in the Yuan, and bypassing the US dollar all together.

Jul 01 09:53

Hundreds Of Thousands March For Democracy In Hong Kong

More than 510,000 people took to the streets of Hong Kong on Tuesday to demand greater democracy, organizers said, in what would be the largest demonstration since the city was returned to Chinese rule in 1997.

Police put the turnout at 98,600, according to local media.

Johnson Yeung, from the Civil Human Rights Front, one of the organizers of the rally, said activists would take to the streets again if China did not respond to Hong Kong people's demands for a fair and direct election in 2017.

Webmaster's Commentary: 

For China, an event like this... is massive, and will have major repercussions between now and their 2017 elections.

Jul 01 08:42

China to Set Yuan Clearing Banks in Luxembourg, Paris

In its continued push to make the yuan a global currency, China’s central bank said Sunday it plans to designate clearing banks for its currency in Paris and Luxembourg, as the two financial centers battle with London to become the leading European offshore yuan-trading city.

The People’s Bank of China announced the move in two separate statements Sunday. It didn’t say when it would designate the clearing banks.

The French and Luxembourg central banks said Sunday they had signed agreements with PBOC allowing for greater cooperation in the oversight of their domestic yuan market.

The weekend moves are the latest salvos in the race to win a major share of business in cross-border transactions in the Chinese currency. Singapore and Sydney are also vying for a significant share of the global yuan market, which is expected to expand rapidly along with China’s fast-growing economy.

Webmaster's Commentary: 

That bell you hear tolling in the distance is for the coming demise of the US Petrodollar as the world's primary reserve currency.

Jun 30 10:05

Japan set for landmark easing of constitutional limits on military

Japan is poised for a historic shift in its defense policy by ending a ban that has kept the military from fighting abroad since World War Two, a major step away from post-war pacifism and a big political victory for Prime Minister Shinzo Abe.

The change will significantly widen Japan’s military options by ending the ban on exercising “collective self-defense”, or aiding a friendly country under attack. It will also relax limits on activities in U.N.-led peace-keeping operations and “grey zone” incidents short of full-scale war, according to a draft government proposal made available to reporters.

The change will likely rile an increasingly assertive China, whose ties with Japan have chilled due to a maritime row, mutual mistrust and the legacy of Japan’s past military aggression, but will be welcomed by Tokyo’s ally Washington, which has long urged Japan to become a more equal partner in the alliance.

Jun 27 07:38

China aims to break U.S. hold in Asia with rival to World Bank

Beijing diplomats on charm offensive to rally support for new institution free from U.S. control.

China wants to set up a multilateral development bank in Asia to break the U.S.’s financial hold on the continent, the Financial Times reported Tuesday, citing officials familiar with the matter.

It said that Chinese officials have been touring Asia and the Middle East drumming up support for a new institution with $100 billion in capital, with a view to financing major development projects such as infrastructure. The FT said 22 countries across the region have expressed interest so far.

Such an institution would be a direct rival to the World Bank and the Asian Development Bank, which China thinks are too much influenced by the U.S. and its ally, Japan.

Webmaster's Commentary: 

The US government would rather go to war with China than to see this happen.

There is only one, MINOR problem here; the American people are war weary, and infinitely more geopolitically savvy than when the US government went to war against Afghanistan and Iraq, and do not want any ore war, period, end of discussion.

War against China, to prevent its economic ascent, isn't a hard sell to the American people; it is a no-sell.

Jun 27 07:21

'US aims to thwart Chinese Silk Road project proclaiming its Asia pivot’

A Chinese idea of creating two New Silk Roads could be a big boom for a lot of people who live along the Silk Road route, and obviously all the countries at both ends of it, China expert Ann Lee told RT.

Jun 26 08:31

Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles

In other words just as the US may or may not be preparing to export crude - a step which would weaken the dollar's reserve status as traditional US oil trading partners will need to find other import customers who pay in non-USD currencies - the world's two other superpowers are preparing to respond. And once the bilateral trade in Rubles or Renminbi is established, the rest of the energy world will piggyback.

Apr 05 11:24

U.S. Underestimates China Military Growth: Study

WASHINGTON — The United States has underestimated the growth of China’s military as policymakers have taken public statements at face value or failed to understand Beijing’s thinking, a study said April 5.

Apr 05 08:18

Small wars loom large on China's horizon

Broad hints have been coming out of China that the country might start small-scale military strikes over disputed waters that are believed to hold rich energy reserves. The consequences of such endeavors would be tolerable to Beijing, international experts say.

Bitter territorial disputes China has with neighbors in the East and South China Seas have long grabbed media headlines. Virtually all countries in the region are involved in spats with China, from South Korea and Japan to the Philippines and Vietnam. In March alone, Beijing had verbal clashes with Seoul over a submerged rock; with Manila over the Philippines' plan to build a ferry pier; and with Hanoi over China's biggest offshore oil explorer's moves to develop oil and gas fields.

Webmaster's Commentary: 

The problem, given today's geopolitical tensions and advances in technology, is that "small scale military strikes" can escalate out of control, creating an entirely different, and potentially unimaginable, outcome, from what they were engineered to do.

Apr 05 08:15

U.S. and allies move to counter Chinese power

The pieces of a new strategic kaleidoscope in the Asia-Pacific region are starting to fall into place as allies and security partners of the United States seek to deter China from using or threatening force to achieve its expansive aims, particularly in the South China Sea, which forms the maritime heart of Southeast Asia.

A contingent of about 200 U.S. Marines will soon arrive in Darwin, northern Australia. They are the forerunners of a bigger force of up to 2,500 marines agreed in November by leaders of the two allies.

Webmaster's Commentary: 

All of this has much to do with natural resources in the South China Seas, and what can be done to secure them for Western interests.

Apr 04 07:35

China overtakes US as world's largest grocery market

By 2015, the Chinese market is forecast to be worth £918bn compared to a US value of £675bn, says IGD.

The Chinese grocery sector was worth £607bn at the end of 2011, while the US market - which includes Wal-Mart, the world's largest retailer - dropped into second place at £572bn.

"This rapid expansion has been fuelled by three main factors: rapid economic growth, population and rising food inflation," said IGD chief executive Joanne Denney-Finch.

By 2015, the Chinese market is forecast to be worth £918bn compared to a US value of £675bn, according to the report by the British grocery industry group.

Apr 04 07:19

Chinese Insider Offers Rare Glimpse of U.S.-China Frictions

The senior leadership of the Chinese government increasingly views the competition between the United States and China as a zero-sum game, with China the likely long-range winner if the American economy and domestic political system continue to stumble, according to an influential Chinese policy analyst.

Webmaster's Commentary: 

I agree.

Dec 10 09:03

U.S.-China Tensions Intensify Over Korean Crisis

North Korea has been blamed for the sinking of a South Korean warship in March that killed 46 sailors. Last month, Pyongyang announced it had a uranium enrichment program. And, just before Thanksgiving, North Korea launched an artillery barrage on a South Korean island, killing four people, including two civilians.

China has been encouraging the resumption of six-party talks involving North Korea and regional powers. But U.S. Deputy Secretary of State Jim Steinberg says Washington sees that as simply a reward for bad behavior.

Steinberg will lead an American delegation to China next week to talk with officials there about North Korea.

Webmaster's Commentary: 

Note that this article never states that it was South Korea who started this,by their live firing exercises over disputed waters, to which North Korea responded with the shelling of this island.

But at least, next week, there will be talks between the US and China, and this may well be a hopeful sign.

Dec 10 06:48

China's Foreign Trade Hits Historic Highs In November

Looks like Americans are charging up those credit cards for one last big blow out Christmas.

Dec 09 05:52

Chinese Appetite For Gold Continues Unabated.

The Chinese appetite for gold continues unabated. Gold imports by China—the largest producer of the yellow metal in the world—is set to touch a record 260 tonnes for the year 2010, bullion dealers predicted on Thursday.

Already, the yellow metal import by China has increased five-fold for the last 10 months of 2010. By the end of November 30, the Chinese gold imports stood at 209 tonnes. In 2009, China had imported just 45 tonnes of gold, compared to the massive 350 tonnes of gold that rival India had imported in the same year. India is currently the largest gold importer and consumer in the world.

Dec 09 04:12

Chinese Government Is Buying One Of U.S.A.’s Biggest Mines.

General Moly is owned by Hanlong USA Mining, a subsidiary of Sichuan Hanlong Group, a Chinese “private enterprise.” Sichuan Hanlong Group recently received a $1.5 billion loan from the Export-Import Bank of China (China Eximbank) to support its investments in overseas mining opportunities, with $745 million towards General Moly. The Export-Import Bank of China is fully owned by the Chinese government and under the leadership of the State Council. It’s a “government policy bank.” Hanlong mining’s website states “China is on a long term growth path to becoming the world’s largest economy” and that Hanlong is “undergoing a period of rapid international expansion.”

Dec 09 01:12

China is Now #1 And The U.S. Is Now #2 --- 25 Reasons To Transition To Reality.

During the State of the Union address last January, Barack Obama defiantly declared the following to the rest of the world....

"I do not accept second place for the United States of America."

However, truth and reality are not and never were the African Queen's strong points. OUR future lies HERE

Dec 08 15:02

Wikileaks: China's GDP Numbers Are 'Man-Made'

How China Cooks the Books

---

Dec 08 10:41

Russian jets halted US-Japan military drills

The US and Japan were forced to halt military exercises this week because of Russian jets flying nearby, Japanese officials have revealed.

Russia admitted its jets were flying above the Sea of Japan, but said the pilots had not breached any rules.

Moscow and Tokyo have argued recently over an island chain they both claim.

Webmaster's Commentary: 
Dec 07 20:08

Chinese government money is buying one of U.S.A.’s biggest mines

Debbie Coffey
PPJ Gazette

Part 1
It seems like there’s not much hope for Mt. Hope in Nevada. A brave group of American farmers and ranchers (and so far, Eureka County, NV) are all that is standing between our valuable American resources and water rights, and a Chinese company that has taken a $745 million loan from a bank fully owned by the Chinese Government . . .

Dec 07 10:38

US-China tensions mount amid widening war exercises

A late night Sunday telephone call between US President Barack Obama and his Chinese counterpart Hu Jintao underscored the mounting tensions between the two countries in the wake of last month’s military clash between North and South Korea.

Webmaster's Commentary: 

Obama's plan to save the US economy is to murder everyone the US Government owes money to!

Dec 06 04:06

US technology goes to North Korea via Israel and China

"The real danger comes in Israel's habit of reverse engineering US technology and selling to nations hostile to US interests."

American taxpayers pay to provide military technology to Israel and Israel turns around and sells it to China and others.

Are we worried about Iran's nuclear aspirations and missile technology? "China sold over 100 missiles and launchers to Iran." Remember, they were supplied by the US to Israel and sold to the Chinese by Israel.

Dec 04 15:49

US technology goes to North Korea via Israel and China

Paul J. Balles views the latest breed of chickens that may come home to roost in the USA: American military technology given to Israel courtesy of US tax dollars, sold by Israel to China, which supplies it to the North Koreans who in turn threaten to use it against the US and its allies.

Dec 04 09:28

North Korea As Pretext: U.S. Builds Asian Military Alliance Against China And Russia

Washington is proceeding at a breakneck – an alarming – pace with plans to politically and militarily polarize East Asia, using the crisis on the Korean Peninsula to do so. Attempts by China and Russia to defuse the conflict and resume negotiations aimed at its peaceful resolution are being spurned by headstrong and reckless U.S. government and military officials.

Russia and China share borders with North Korea. The U.S. is a continent away. A new conflagration on the peninsula would directly affect the first two nations. America can exploit a renewal of hostilities to reinstall itself in the Asia-Pacific region and use proxies – Japan as much as South Korea – to accomplish that objective.

Dec 04 08:31

Chinese govt advise gold buying - why? What is their plan?

Dec 04 00:41

Press TV's on US Korea Wargames - deliberate provocation

*Deliberate provocation by the US
*US trying to line up all the countries in the region (Japan, South Korea)
*To open up a cold war on China.
*Destabilise North Korea

*Very Dangerous and won't succeed.
*US is an empire attempting to use Naval power.
*Unlikely that China will back down to this kind of threat.

Dec 03 21:41

China Is `Scared' of U.S. Monetary Policy

Policy makers in China, which holds $883.5 billion in U.S. Treasuries, are concerned the nation with the world’s biggest economy is debasing its currency

Dec 03 17:48

China passenger train hits 300 mph, breaks record

A Chinese passenger train hit a record speed of 302 miles per hour (486 kilometers per hour) Friday during a test run of a yet-to-be opened link between Beijing and Shanghai, state media said.

The Xinhua News Agency said it was the fastest speed recorded by an unmodified conventional commercial train.

Webmaster's Commentary: 

I would like to point out that China is really taking the lead in this kind of technology; it's the kind of thing that the US used to excel at, but barely does any more.

Dec 03 07:52

Japan, U.S. Launch Largest Ever Joint Defense Drills

Dec 03 07:48

War Games In Northeast Asia Not Helpful For Peace: China

The war games with Japan aimed at China commence today.

Dec 03 07:45

Chinese Train Breaks Speed Record

416.6 kilometers/hour!

Dec 02 07:05

Chinese Editorial on U.S. Naval Exercises Off Its Coasts

The exercise in the Yellow Sea is winding down. A new exercise with the Japanese is getting under way. The new exercise practices closing off Chinese access to the Pacific.

Dec 02 06:51

U.S. and Japan Poke China In Eye With Stick

The U.S. and Japan to practice closing off China's access to the Pacific.

Dec 02 01:52

Julian Assange says WikiLeaks wants to expose China and Russia as much as US In interview, Assange denies US focus and says WikiLeaks can be force for opening up closed countries like China and Russia

http://www.guardian.co.uk/world/2010/dec/02/julian-assange-wikileaks-c...

WikiLeaks founder Julian Assange wanted to expose China's and Russia's secrets as much as those of the US, and believes Hillary Clinton should resign if she ordered diplomats to engage in espionage.

Nov 30 16:07

"Pressuring North Korea" Rhetoric Is Self-Deceiving

Since the U.S. declared its return to Asia, the frequency of clashes in Korea Peninsula has accelerated.

Nov 30 09:08

MUST SEE: A Radical Experiment in Empathy, Sam Richards (VIDEO)

Sam Richards is a sociologist and award-winning teacher who has been inspiring undergraduate students at Penn State since 1990. Every semester, 725 students register for his Race and Ethnic Relations course, one of the most popular classes at Penn State and the largest of its kind in the country. Through his natural ability of seeing a subject from many angles, Richards encourages students to engage more fully with the world and to think for themselves — something he did not do until his third year in college. Because of his passion for challenging students to open their minds, an interviewer recently referred to him as "an alarm clock for eighteen-year-olds."

Nov 30 08:44

U.S. Provokes China

Nov 30 02:36

While The World Focuses on the Stumbling US Dollar and the Euro, The "Workers' Paradise" Is Showing Signs of "Western" Contagion.

China’s new financial instability is another measure of the deepening global economic crisis and sharpening social antagonisms in what we are told is a classless society. Beijing’s measures to control inflation and speculation could slash growth sharply leading to rising unemployment, poverty and social discontent. And "social discontent" in a country of 1.4 billion people may be something of an understatment.

What would Chairman Mao do?

Nov 29 21:23

6 Reasons To Start World War III If You Are A Globalist

We may or may not hear WWIII announced on the evening news, but we can look for the signs of global consolidation that defines the agenda of the New World Order. With every new conflict and every new piece of legislation it seems that those signs are becoming more obvious by the day.

Nov 29 06:23

WikiLeaks files may put ideas in heads of Chinese hackers: analysis

Perhaps of more concern to Beijing’s mandarins is not so much the content of the leaks, but the mere fact a leak on such a massive scale might put ideas into the heads of their own people or officials who chafe under draconian information restrictions.

The files contain 3297 cables from Beijing, 555 from Shanghai, 662 from Guangzhou, 260 from Chengdu 260, 120 from Shenyang 120 and 950 from Hong Kong, and Beijing will be watching anxiously to see what they contain.

Nov 28 06:23

North Korea can trigger the feared 21st century US-China war

http://www.philstar.com/Article.aspx?articleId=634129&publicationSubCa...

The recent exchange of artillery fire in the Yellow Sea between the armed forces of North Korea and South Korea caused Asian stocks to tumble and heightened fears that North Korea might recklessly instigate another US-China war, similar to what happened during the 1950s Korean War.

By now, many Chair Wrecker readers have realized why we have been raising the alarm for over three years now for Filipinos to watch intently the moves that the US has been making in Mindanao and against China. Three years ago, your Chair Wrecker felt like a Biblical Prophet, alone and unheeded, crying out in the wilderness.

Nov 28 06:20

North Korea can trigger the feared 21st century US-China war

[videohttp://www.philstar.com/Article.aspx?articleId=634129&publicationSubCategoryId=64]

Nov 28 03:22

Max Keiser: Teutonic Genie out of bottle, America punches itself in face

Five minute video

Nov 27 11:06

Time For I Told You So; And for war…It’s inevitable now

Webmaster's Commentary: 

Okay, so war is inevitable. But if we are a free people then we have the freedom to decide for ourselves just who we shall make war on. Shall we spend our blood making war on the enemies the bankers have chosen for us, or are we, like the people of Europe, better off making war on the bankers?

Nov 26 20:33

China Hits Out At Military Drill Plans

Nov 26 17:18

CHINA TELLS AMERICA: Turn Around The USS George Washington

China's Foreign Ministry said in an online posting that naval exercises risks starting a war: "We oppose any military act by any party conducted in China's exclusive economic zone without approval."

Webmaster's Commentary: 

I think that it is obvious that the United States has decided that the best way to get out of the debts owed to China is to murder the people the money is owed to! Of course, American self-image requires some kind of hoax to make it look like China is to blame for the US attack. Like Hitler and Gliewitz, Roosevelt ad Pearl Harbor, or Bush and Saddam's 'nookular' weapons.

Nov 25 09:12

Obama to call China's Hu over Korean crisis

With top U.S. officials continuing to declare that help from China will be key in calming tensions between North and South Korea, President Obama is planning to call Chinese President Hu Jintao in the next few days to discuss the critical situation, according to senior administration officials.

The phone call will come just days after Obama held a bilateral meeting with Hu on the sidelines of the G-20 summit in Seoul, South Korea, where administration officials were quick to tout the fact that it was the seventh face-to-face meeting the two leaders have had since Obama took office.

Webmaster's Commentary: 

IF this is true ( in light of the fact that South Korean military personnel, with American "advisors" in attendance, started this whole situation), it is a positive sign.

Nov 25 08:41

IS THE U.S INDIRECTLY PROVOKING CHINA?

On Tuesday 23 November 2010 the South Korean military launched an artillery barrage that saw its shells fall into disputed waters close to North Korea. South Korea does not deny it fired first by firing shells into the disputed waters but says the shelling was ‘away from the north’. The North Koreans had already warned the South Koreans that they would consider such an act as a direct provocation and respond accordingly.

Nov 25 07:27

US urges China to act over North Korea

President Barack Obama's administration urged China to press North Korea to halt provocative actions against South Korea, after an artillery attack on the South that the U.S. called a "premeditated" violation of the truce that ended the Korean War.

As the isolated North's only ally and main economic partner, China plays a "pivotal" role in reducing tensions and has a duty to tell Pyongyang that deliberate acts "specifically intended to inflame tensions in the region" are not acceptable, the State Department said.

Nov 25 06:44

Obama calls on China to restrain North Korea, sends Carrier to area

Ashish Kumar Sen and Bill Gertz
Washington Times

The Obama administration called on China Wednesday to rein in North Korea after its artillery attack on a South Korean island, as the Pentagon ordered the USS George Washington aircraft carrier strike group to the Yellow Sea for naval exercises with South Korean forces.

Nov 24 12:14

AF ready to respond to Korea attack

Webmaster's Commentary: 

"Sooner or later we will get a good war going with those Chinese bastards who wouldn't revalue their currency when we ordered them to, and then dared to drop using the dollar in their trade with Russia, and then we will have a really good excuse not to repay China all that money we borrowed!" -- Official White Horse Souse

Nov 24 10:14

U.S. Calls on China to Use Influence to Restrain North Korea

Webmaster's Commentary: 

This sounds a lot like the US asking HAMAS to stop the Palestinians from shooting back when Israel attacks them. Because South Korea provoked this exchange of gunfire by shooting into North Korean waters in what is a clear provocation.

Obama's agenda here is twofold. First, by shifting the focus from North Korea to China, he draws attention away from that provocation. Second, it is clear that between the G20, in which China refused to alter their currency when "ordered" to do so, and the dropping of the dollar in trade with Russia, that the war focus has shifted from Iran to China, with war with China being the convenenint excuse to erase the debts owed to China, and of course, that is easily worth the few million dead Americans such a war will cost, right President Pansy?

Nov 24 08:58

U.S. sends carrier to Yellow Sea for exercises near Korea

Chinese Maj. Gen. Zhu Chenghu told state-run media in July that "if the United States truly wants to take into account the overall interests of the Sino-U.S. relationship, then it must on no account send its USS Washington to the Yellow Sea." He called the area "sensitive."

Webmaster's Commentary: 

Between the US debt owed to China, China's refusal to make their own people suffer to fix the US Government's self-imposed economic melt-down, and yesterday's announcement that Russia and China are dropping the dollar for bilateral trade, the US government has a strong motive to start a war with China and try to make it look like either China or China's client state North Korea's fault, in order to justify erasing those debts with bombs and the blood of young Americans. Just as the firing of shells into North Korea's waters was a provocation, the deployment of the USS George Washington into the Yellow Sea is a provocation. And I note that Popular Mechanics December magazine features a cover story about the Chinese "threat" to US aircraft carriers!

Nov 24 07:48

China, Russia quit dollar

Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

Webmaster's Commentary: 

This is actually the big news for the day!

Nov 24 03:47

Russia, China Abandon Dollar In Trade Agreement

Putin:

http://dailybail.com/home/russia-china-abandon-dollar-in-trade-agreeme...

"Until now, under our previous agreements, we made mutual settlements exclusively in foreign currency, first of all, in U.S. dollars."

---

Nov 23 23:46

China Daily: China, Russia quit dollar

http://blacklistednews.com/China-Daily%3A-China%2C-Russia-quit-dollar-...

St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

Click HereClick here to find out more!
"About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.

Nov 22 03:44

Crisis of Fiat Currencies: US Dollar Surpluses Converted into Gold

Something is going on that your government does not want you to know about. Very few journalists have written about it and little or nothing has appeared in the mainstream media. The story could be one of major stories of our time.

Western powers have tried to destroy gold as a backing for currencies for many years. Presently the major media won’t touch the story and that is understandable.

Something we have been writing about for years is the Shanghai Cooperation Organization known as SCO. Few have been listening and few have been interested in what their mission is and what they have been up to.

Nov 20 13:37

China’s Netizens React to Shanghai Tower Blaze

And the frame still stands.

Nov 20 10:17

Sorcha Faal punks CNN iReport to push China missile hoax

Nov 20 07:51

Who fed the tiger?

Missiles fired from the Chinese mainland could destroy five of the six major U.S. air bases in the Far East. So states a new report of the U.S.-China Economic and Security Review Commission, adding:

"Saturation missile strikes could destroy U.S. air defenses, runways, parked aircraft, and fuel and maintenance facilities. Complicating this scenario is the future deployment of China's anti-ship ballistic missile, which could hold U.S. aircraft carriers at bay outside their normal operating range."

Opposite Taiwan, China's missile force has reached 1,600.

Beijing is also building rockets, submarines and surface fleets to extend her dominance out to the third chain of islands, enabling the People's Liberation Army to strike U.S. carriers and bases as far away as Guam.

Nov 19 06:45

Encircling Russia, Targeting China, NATO'S True Role in US Grand Strategy

Israel’s aggressive stance toward its regional neighbors would be a serious liability for NATO, apt to be dragged into wars of Israel’s choosing which are by no means in the interest of Europe.

However, there is one subtle strategic advantage in the Israeli connection which the United States seems to be using… against Russia.

By subscribing to the hysterical “Iranian threat” theory, the United States can continue to claim with a straight face that the planned missile shield is directed against Iran, not Russia. This cannot be expected to convince the Russians. But it can be used to make their protests sound “paranoid” – at least to the ears of the Western faithful. Dear me, what can they be complaining about when we “reset” our relations with Moscow and invite the Russian president to our “Strategic Concept” happy gathering?

Nov 18 08:51

US panel lashes out at China

n a much-anticipated report, the US-China Economic and Security Review commission has accused Beijing of deceptive economic practises, effectively reigniting the two countries' spat over currency and trade issues.

Presenting its findings to the US Congress, the congressional advisory panel has recommended the Obama administration to take tougher actions against what it calls China's policy of keeping its currency undervalued.

On Wednesday, the commission said that China is creating global imbalances and using "market access-limiting practises" that fall outside its World Trade Organisation commitments.

Webmaster's Commentary: 

This a petulant President's revenge for not getting what he wanted out of the G20 conference.

China is not to blame for the US's financial woes: our current domestic, foreign, and banking policies have brought us to the place we are now.

China has an enviable surplus: the US government may well collapse, choking under the weight its own deficit.

Jobs have been allowed by this government to be offshored, creating a huge unemployment problem in this country.

Those people who, legitimately, qualified for a mortgage when they got it, but are now without work, cannot keep up the payments, so houses are foreclosed on, and these people are now both jobless and homeless.

You have a situation where he banks have deliberately oversold those mortgages to the point where no one really knows exactly who holds the title.

Obama has continued an endless cycle of costly wars, with the situations in Afghanistan and Iraq going horrendously badly; yet, we are also at war in Pakistan, and soon, Yemen.

The only people actually "winning" in these situations are the defense contractors, who provide mercenaries, supplies and logistics, and the drug lords.

Did the Chinese government do anything to cause any of the above to happen?!? Not at all.

The US government is desperately attempting to deflect blame from the fact that it is US governmental policies which have wreaked havoc on the lives of the American people, not the Chinese government.

Nov 18 08:50

China Telecom rejects US hijack claims

A leading Chinese telecommunication company has rejected the US claims implicating the firm for some temporary redirecting of sensitive Internet traffic on US websites.

China Telecom, one of the country's major telecommunications operators, rejected US claims that its servers "hijacked" highly sensitive Internet traffic for 18 minutes on April 8 on American government and military websites, AFP reported on Thursday.

Webmaster's Commentary: 

More gratuitous China-bashing and rather lame since there is no reason for such sensitive US traffic to even leave the US networks let alone route through Chinese servers. Since the "great revolt" that transformed the ARPAnet into the Internet, the military has set up a parallel network of their own, which for obvious reasons is not connected to the global internet. So this story was a non-starter, to begin with

Nov 18 08:43

China unveils jet to rival Boeing and Airbus

China has unveiled its first large domestically produced passenger jet, which aims to compete with Airbus and Boeing in the global aviation market, state media reported Tuesday.

The C919 prototype made its debut at an aviation exhibition in the southern province of Guangdong, and three major state-owned airlines were due to sign deals to buy the planes on Tuesday, the official China Daily said.

Nov 17 13:11

Peter Schiff The Comedian: "Of Course We're Not Going To Pay Back The Chinese"

TRUE MUST SEE VIDEO.

I've watched and screened more than 50,000 videos since I launched the Daily Bail 2 years ago. This is one of 5 my ALL-TIME favorites, both for humor as well as content. And without a doubt it is the BEST Peter Schiff clip of all time.

Runs just 3 minutes. Please do NOT skip the final 30 seconds.

Nov 16 14:31

Chatter on China Food Price Controls Hits Asian Stocks

It was an ugly day over in the Chinese stock markets, setting up the U.S. for a dour open.

The Shanghai Composite was down 4%, the Hang Seng was down 1.4%. The declines came on fears China may impose price controls to combat higher-than-expected inflation pressure.

While such measures may be considered as last resort by Beijing, if implemented, impact on corporate earnings could be quite negative. “Higher resource prices may force authorities to turn to price controls rather than tighten policy. It occurred in 2007, ending the bull market despite strong growth,” Nomura says...

Nov 16 12:48

Chinese workers build 15-story hotel in just six days

Webmaster's Commentary: 

Now available on sale at WalMart!

Nov 16 12:37

Bad China! BAD China! Ooooh really REALLY bad China!

Webmaster's Commentary: 

"We are not at war with Iran. Iran is our friend. Iran has always been our friend! We are at war with China! China is our enemy. China has already been our enemy!" -- Big Brother

Nov 16 12:10

Police Detain 8 In Shanghai Skyscraper Fire

Nov 15 03:16

Mongolia's "Color Revolution" & Banker Colonization

As the bipolar Cold War system ended, a transitory phase of globalization was initiated in order to pave the way for global governance.

The color revolutions of the 21st century were a highly sophisticated method of transforming nation states into such a world system.

Mongolia experienced the draft form of color revolution in its "Red Rose Revolution" in the 1990's. The sparsely populated country was easier to manipulate due to its corrupt politics and post-Communist identity crisis.

As with many buffer states, Mongolia regarded it as beneficial economically, geo-strategically and security-wise to cooperate with larger powers such as the U.S. [1]

Nov 14 19:23

Dr. Bernanke Gets a Phone Call From China...

I won't spoil the surprise...

Nov 14 03:08

Awesome, Stunning Hi-Res Photos Of Asian Games

The infrastructure of China accelerates and soars while that of the US crumbles and collapses as the treasure and blood of the United States is sucked dry by parasites and leaches.

Nov 13 15:31

A lesson from China in where power lies

China believes its economic success reflects its superior culture.

Nov 13 15:12

Chinese Rating Agency Says U.S. Debt Has SAME Credit Rating As Costco Stores, Calculates U.S. ACTUAL GDP At $5 Tillion, Not The Official $14 Trillion

They Calculate True U.S. GDP At $5 Trillion (NOT $14T), And They Downgrade Bernanke From Triple FFF To 'Unmeasurable' On Worries Over His Sanity.

From the WSJ:

"Taking Dagong Credit's downgrade at face value, Uncle Sam is now on the same level as Costco, based on the big box retailer’s Standard & Poor’s rating. The Treasury can take pride, however, in ranking a notch higher than Goldman Sachs, rated only A by S&P."

Nov 13 12:59

Keiser Report ?94: Markets! Finance! Scandal!

This time Max Keiser and co-host, Stacy Herbert, look at the scandals of Americas economic Suez and neutering Iran. In the second half of the show Max talks to rare earths analyst, Kevin Kerr, about the state of this market controlled by China.

Nov 13 08:08

Asian Powers Are Starting to Call the Shots, and the US Can't Do Anything About It

Blocked from major new domestic initiatives by a Republican victory in the midterm elections, President Barack Obama promptly lit out for Asia, a far more promising arena. That continent, after all, is rising, and Obama is eager to grasp the golden ring of Asian success.

Beyond being a goodwill ambassador for ten days, Obama is seeking sales of American-made durable and consumer goods, weapons deals, an expansion of trade, green energy cooperation, and the maintenance of a geopolitical balance in the region favorable to the United States. Just as the decline of the American economy hobbled him at home, however, the weakness of the United States on the world stage in the aftermath of Bush-era excesses has made real breakthroughs abroad unlikely.

Nov 13 06:11

Chinese Build 15-Story Hotel In Just Six Days, Rest On Seventh

Six days. That's how long it took to build this level 9 Earthquake-resistant, sound-proofed, thermal-insulated 15-story hotel in Changsha, complete with everything, from the cabling to three-pane windows.

Nov 13 05:47

Spectacular opening ceremony of the Asian Games 2010 in Guangzhou, China

Laser beams, fireworks and water jets exploded from the banks of the Pearl River as China marked the opening of the Asian Games, two years after dazzling the world with a gala opener to the Beijing Olympics. The opening ceremony paid tribute to coastal Guangdong province's seafaring heritage. The venue on Haixinsha island was configured like a sailboat for the opening festivities designed by Chen Weiya, who was Zhang Yimou's deputy when he crafted the Beijing ceremony.

Nov 12 14:08

China encourages Silver Bullion for investment

Nov 12 13:57

China encourages Silver Bullion for investment

1.Flashback from 1 year ago

2. China advises it's citizens to buy Silver.

Wonder when the US government will give it's citizens this advice?

[Linked to answer a listeners question on the radio show]

Nov 12 08:23

Chinese Missiles Could Close U.S. Bases in Attack, Report Says

The Chinese military’s non-nuclear missiles have “the capability to attack” and close down five of six major U.S. Air Force bases in South Korea and Japan, an unpublished government report says.

China’s improved inventory of short- and medium-range missiles provides a “dramatic increase” in its ability to “inhibit” U.S. military operations in the western Pacific, according to excerpts from the draft of the 2010 annual report by the U.S.-China Economic and Security Review Commission scheduled for release on Nov. 17.

Webmaster's Commentary: 

Is it just me, or has anyone else noticed how, all of a sudden, China has seemed to become the US's "enemy #1" after the US didn't get what they wanted from China at the G20 regarding a possible revaluing of its currency?

Just checking.

Nov 12 08:20

Pentagon Readies New Ship-Killers for Pacific Showdown

Pentagon planners were wary of China’s double-digit military-budget growth rates even before the global economic crisis put the squeeze on America’s own defense investment. Now the Chinese army’s growth continues while America’s flat-lines. That’s got the U.S. military, especially the Navy, scrambling for new ideas.

Webmaster's Commentary: 

Anyone who believes, for one second, that defense spending is going to get cut in the next round of Congressional appropriations, is dreaming.

Nov 12 08:16

U.S. pledges to send super carrier to Yellow Sea for joint drills: Pentagon

The United States has reiterated its pledge to send a super carrier to the Yellow Sea for joint naval drills with South Korea without specifying the timing, despite China's objections.

"The only thing I'd answer is those are international waters and they aren't owned by China," Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, told a media roundtable in Melbourn, Australia, Monday, according to a transcript released by the Pentagon, Tuesday. "They aren't owned by Korea. They're international waters in which we have and many other countries have sailed forever. My expectation is we'll continue to do that."

Webmaster's Commentary: 

If this happens, this action is bound to exacerbate the situation with China, rather than resolve it.

Nov 12 07:03

Chinese Rating Agency Says U.S. Debt Has SAME Credit Rating As Costco Stores

They Calculate True U.S. GDP At $5 Trillion (NOT $14T), And They Downgrade Bernanke From Triple FFF To 'Unmeasurable' On Worries Over His Sanity.

From the WSJ:

"Taking Dagong Credit's downgrade at face value, Uncle Sam is now on the same level as Costco, based on the big box retailer’s Standard & Poor’s rating. The Treasury can take pride, however, in ranking a notch higher than “Government Sachs,” rated only A by S&P."

Nov 12 06:38

Obama claims strengthened hand in global dealings

David Werner
Associated Press

YOKOHAMA, Japan — President Barack Obama claimed a stronger hand on the world stage Friday despite electoral defeats at home, failure to get a free-trade agreement with South Korea and lackluster international support for his get-tough policy with China on trade and currency disputes.

Nov 11 20:20

China Rejects U.S. Medicine

"Washington should not force others to take medicine for it's own disease."

Nov 11 20:14

Moody Raises China's Bond Rating

Nov 11 20:12

Analysis: Obama Runs Into Limits of His Power

China's take on the G-20 summit in Seoul.

Nov 11 06:54

Barack Obama Asia trip: President says US and China 'making progress'

"As two of the world's leading economies we have a special obligation to deal with ensuring strong balance and sustained growth," Mr Obama said at the start of a meeting with China's President Hu Jintao on the sidelines of a G20 summit in Seoul.

The United States says Beijing holds its yuan currency artificially low against the U.S. dollar and argues it should be allowed to rise to aid U.S. exports and jobs.

Mr Obama is pushing for specific commitments from other G20 leaders at this summit to tackle global imbalances – shorthand for the massive U.S. trade deficit and equally large trade surpluses built up by countries such as China and Germany.

Nov 10 13:48

China may be bigger economy than US within two years

Here’s a finding that will have any red-blooded American spluttering into his cornflakes. According to the Conference Board, a highly respected economic research association, China will overtake the US as the world’s biggest economy by 2012, or within two years.

OK, so in dollar terms, that’s obviously not going to be the case. It will be a lot longer than two years before China overtakes the US on that measure. But in terms of purchasing power parity, according to the Conference Board’s latest world economic outlook, China is already nearly there, and by 2020 will have reached a size of output which is nearly half as big again as the US.

Nov 10 10:46

US-Sino Currency Rap Battle

Nov 10 07:01

Chinese father punished for food safety activism

BEIJING – A father who organized a support group for other parents whose children were sickened in one of China's worst food safety scandals was convicted and sentenced Wednesday to 2 1/2 years in prison for inciting social disorder, his lawyer said.

Nov 10 06:57

China's Lead Credit Rating Agency Downgrades U.S., Second Time This Year

China’s Dagong Global Credit Rating Co. reduced its credit rating for the U.S. to A+ from AA, citing a deteriorating intent and ability to repay debt obligations after the Federal Reserve announced more monetary easing.

Nov 09 12:49

US Black Debt Hole: 'We want you all bankrupt!'

US is starting a war with China - by asking China to go bankrupt to save the US.

Nov 09 10:26

China's Dagong Downgrades U.S. to A+ on Quantitative Easing, Xinhua Says

China’s Dagong Global Credit Rating Co. cut its credit rating for the U.S. to A+ from AA because of a Federal Reserve plan to purchase bonds to spur growth and inflation, according to Xinhua News Agency.

Webmaster's Commentary: 

Now there is a good reason for Obama to fire off an ICBM in the general direction of China!

Nov 08 09:15

Chinese Astronauts Could Land on Moon by 2025

China will be able to land two to three astronauts on the moon by 2025, with the South Pole the most likely landing site, authorities of the Chinese lunar exploration program said.

Webmaster's Commentary: 

Something else the United States used to be able to do but cannot any longer.

Does anyone here comprehend what the future would be like had we taken that $14 trillion poured over Wall Street to save them from the derivatives disaster of their own making and instead spent it on research into new technology, new products, and new industry? We would have Thorium reactors, photonics, fusion both hot and cold, cheap desalinization, hydrogen technology, Maglevs, SSTs; in short a clean 21st Century world and a non-petroleum energy base. We would not have to wage world wars over oil and water.

But apparently in the eyes of the US Government, still mired in the mindset of the mid-20th Century, your money and future indebtedness were better spent keeping billionaires in their mansions, instead of throwing them in jail with Bernie Madoff-with-the-loot!

Nov 06 15:12

Watch The 'Chinese Professor' TV Commercial That Is Causing All The Controversy (Includes Rebuttal VIDEO)

Video: Chinese Professor - Runs 1 Minute

Video: Rebuttal to Chinese Professor - 1 Minute

These short clips are outstanding. The ad campaign launched about 10 days ago, but I didn't stumble across it until last night. Watch the real version. Then check out an alternate translation. You decide which one is more honest.

Nov 05 19:35

China quarantine bureau rejects U.S. GMO corn cargo

China's quarantine bureau confirmed on Tuesday it had discovered traces of an unapproved genetically modified organism (GMO) in a U.S. corn cargo and had refused it entry into China.

Nov 05 09:34

U.S. dollar printing is huge risk -China c.bank adviser

Unbridled printing of dollars is the biggest risk to the global economy, an adviser to the Chinese central bank said in comments published on Thursday, a day after the Federal Reserve unveiled a new round of monetary easing.

Nov 05 01:43

China accuses US of protectionism

China has accused the US of trade protectionism after the Federal Reserve announced plans to pump $600 billion into the country's market to speed up the economic recovery.

Nov 04 08:11

Chinese Professor-The Real Translation

Nov 04 00:39

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

How can China’s stimulus plan be working so well, when ours is barely working at all? The answer may be simple: China has not let its banking system run roughshod over its productive economy. Chinese banks work for the people rather than the reverse.

Nov 01 15:51

Seeing Red: US slams China in major smear campaign

China's emergence as a major economic superpower has raised concern among policymakers in Washington. They fear Beijing's rise could result in a U.S. fall.

Oct 31 08:34

China-bashing is bipartisan in US races

In these angry political times, Democrats and Republicans agree on next to nothing. China is one exception. Democrats and Republicans alike are accusing each other of cozying up to Beijing and backing policies that send U.S. jobs and IOUs to the world's second-largest economy.

Webmaster's Commentary: 

China is not the problem for America's financial woes.

Governmental policies which make offshoring of jobs financially attractive, is a big part of the problem.

Congress needs to incentivize corporations to keep good-paying jobs here.

To fund the illegal and immoral wars without end it is conducting, the Federal government has borrowed like a drunken sailor. It is high time to defund these wars, and focus on improving infrastructure here at home.

The Fed needs to be disbanded, and the US government needs to create and control the money, and money supply here in the US.

All of these steps, taken together, could make a major difference in the lives of this country's citizens: bashing China for the US government's self-inflicted wounds of bad policy decisions, domestically and internationally, will do nothing to remedy the situation at all.

Oct 30 09:41

China's Creative Accounting: Using Debt as an Instrument of Economic Development

China’s government can direct its banks to advance credit in the national currency as needed, because it owns the banks. Ironically, the Chinese evidently got that idea from us. Sun Yat-sen was a great admirer of Abraham Lincoln, who avoided a crippling national debt by issuing debt-free Treasury notes during the Civil War; and Lincoln was following the lead of the American colonists, our forebears. We need to reclaim our sovereign right to fund the common wealth without getting entangled in debt to foreign creditors, through the use of our own government-issued currency and publicly-owned banks.

Oct 30 04:59

Empire - The Asian Arms Race

Oct 29 05:35

China makes world's fastest supercomputer

A Chinese scientific research centre has built the fastest supercomputer ever made, replacing the US as maker of the swiftest machine, a media report said Thursday.

The Chinese made Tianhe-1A system has 1.4 times the horsepower of the current top computer, which is at a national laboratory in Tennessee, the US, a newspaper reported.

Oct 28 21:46

China Creates World's Most Powerful Supercomputer... the fall of America

NVIDIA Tesla GPUs Power World's Fastest Supercomputer
Half the Size, Lower Power and 50% Faster Than World's Top (American) Supercomputer

With the addition of the new supercomputer, China now has two of the three most powerful supercomputers in the world. The third most powerful one -- previously in second place -- was the Nebulae supercomputer located in Shenzhen, which also uses NVIDIA's Tesla GPUs. It has a peak capacity of 1.271 petaflops in LINPACK.

Tianhe-1a kicks an American computer out of the top spot. The Jaguar supercomputer built by Cray at Oak Ridge National Laboratory (ORNL) in Oak Ridge, Tennessee is now only the world's second most powerful computer. That machine, powered by its thousands of Opteron cores, posted 1.75 petaflop LINPACK performance.

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Oct 28 06:24

Rare earth metals won't be used as 'bargaining tool', says China

China controls 97pc of the world’s rare earth metals supply and has faced mounting criticism in recent months after announcing it was slashing export quotas for rare earth metals by more than 40pc in 2010 compared with a year earlier.

High-tech manufacturing nations including Japan, Germany and the US say they are already experiencing tightening supply of the metals which are an essential ingredient in many electronic products, military hardware and green technologies such as batteries and electric motors.

Oct 28 06:13

Globalization Creates Unemployment: American Job Loss Is Permanent

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

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

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

Oct 27 08:49

China Bullet Train Becomes World's Fastest

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

Webmaster's Commentary: 

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

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

Oct 26 22:33

Chinese Professor

Webmaster's Commentary: 

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

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