CHINA | WHAT REALLY HAPPENED


CHINA

Mar 04 12:09

US, China Trade War To End Soon, All US Tariffs May Be Lifted

The long drawn U.S-China trade war may soon come to a close as both sides are reportedly nearing a deal. According to a Bloomberg report, China is insisting on the U.S to withdraw levies on $200 billion of Chinese goods quickly to finalize the deal. As a result, the U.S may lift most or all tariffs it imposed on Chinese goods.

But the U.S will monitor how Beijing implements pledges including intellectual property rights protection and buying of a significant amount of American products.

The U.S. still wants to wield tariffs as a stick to keep China under pressure and ensure it does not backtrack on its commitments to the deal.

Washington wants to reciprocate lifting the duties only if Beijing adheres to all parts of the trade deal. The U.S also wanted the Chinese to avoid retaliatory tariffs and is against bringing the World Trade Organization into the disputed issues.

Mar 04 11:12

HUAWEI CFO SUING CANADA, ITS BORDER AGENCY AND POLICE FORCE

SOURCE: ALJAZEERA.COM
A Huawei executive is suing the Canadian government, its border agency and the national police force, alleging that they arrested, searched and interrogated her before informing her she was under arrest.

Lawyers for Meng Wanzhou, the chief financial officer of the Chinese tech giant, said on Sunday they had filed a notice of civil claim in the British Columbia Supreme Court.

Canada arrested Meng, who is the daughter of Huawei's founder, at the request of the United States on December 1 at Vancouver's international airport.

Meng and Huawei face US charges of conspiring to violate Washington's sanctions on Iran.

The suit said that instead of immediately arresting her, authorities interrogated Meng "under the guise of a routine customs" examination and used the opportunity to "compel her to provide evidence and information".

Webmaster's Commentary: 

This, in light of a trade war between the US and China, is a thoroughly lousy thing for the US to have done; the optics are wretched, and has caused nasty blowback against our Canadian supporters as well, with arrests of Canadian officials in China.

Mar 02 09:34

  CHINA’S SOCIAL CREDIT SYSTEM BARRED MILLIONS FROM TRAVELING IN 2018

Your bags are packed, your rooms are booked, you’re all set for your vacation; there’s just one problem, the government has canceled your tickets.

As early as 2014, China began conceptualizing a Social Credit System (SCS), sort of like a credit score for citizen behavior where behaviors deemed good for society are rewarded with privileges and bad behaviors result in a poor score and loss of privileges. China has since been working to test its new method of population control and has been slowly conscripting citizens into the system. Now, a new report acquired by the Associated Press, suggests millions of would-be travelers had their plans canceled as a result of the SCS in 2018.

Webmaster's Commentary: 

Please don't think that your alleged Congressional representatives are not LUSTING IN THEIR HEARTS to reimagine such a system for the US, the Constitution be damned.

Mar 02 09:15

China’s Social Credit System Barred Millions from Traveling in 2018

Your bags are packed, your rooms are booked, you’re all set for your vacation; there’s just one problem, the government has canceled your tickets.As early as 2014, China began conceptualizing a Social Credit System (SCS), sort of like a credit score for citizen behavior where behaviors deemed good for society are rewarded with privileges and bad behaviors result in a poor score and loss of privileges. China has since been working to test its new method of population control and has been slowly conscripting citizens into the system. Now, a new report acquired by the Associated Press, suggests millions of would-be travelers had their plans canceled as a result of the SCS in 2018.

Mar 02 08:40

Trump Asks China To "Immediately Remove All Tariffs On Agricultural Products"

While a big reason for today's rally was a fresh bout of trade deal optimism following an overnight Bloomberg report that the US is preparing for a "final trade deal" that President Trump and Chinese counterpart Xi Jinping could sign in weeks, moments ago Trump appeared to pour gasoline on the carefully scripted theater of trade negotiations between Washington and Beijing - scripted because as most strategists realize very well (or at least they should) there is no way that China will ever accept being dictated terms from the US on how to treat its currency or to never again participate in "technological transfer" as Rabobank's Michael Every explained this morning - when he tweeted that he has "asked China to immediately remove all Tariffs on our agricultural products (including beef, pork, etc.) based on the fact that we are moving along nicely with Trade discussions and I did not increase their second traunch of Tariffs to 25% on March 1st."

Mar 01 12:48

Canada Allows Extradition Of Huawei CFO To Move Forward

In a landmark - if widely expected - decision, the Department of Justice in Ottawa has ruled that extradition proceedings against Huawei CFO Meng Wanzhou, who was arrested on the same day that President Trump and President Xi struck their trade truce in Buenos Aires, will proceed.

Though whether or not she will face trial in the US must still be determined by a Canadian court, a process that could take months or even years, the fact that her extradition is moving forward is still a big moment in a case that has captivated investors and elicited threats of retribution against Ottawa from Beijing.

Meng is wanted in the US on charges of fraud and sanctions violations for her alleged role in deceiving HSBC and other banks into processing transactions for Huawei that were purportedly linked to Iran. US prosecutors filed roughly a dozen charges against Meng and Huawei in January, as well as a formal request for her extradition, according to the BBC.

Webmaster's Commentary: 

This was the absolutely most perniciously stupid thing for the White House to do at this very sensitive point in trade relations between the US and China,

Mar 01 10:52

A Clash Is Coming Over America’s Place in the World

In the past several months, a meaningful debate has finally started to emerge over America’s role in the world. Politicians and analysts — left, right and center — are conceding that longstanding mistakes have brought the United States to an uncertain moment. Provoked by President Trump, they are concluding that the bipartisan consensus forged in the 1990s — in which the United States towered over the world and, at low cost, sought to remake it in America’s image — has failed and cannot be revived.

But the agreement ends there. Foreign policy hands are putting forward something like opposite diagnoses of America’s failure and opposite prescriptions for the future. One camp holds that the United States erred by coddling China and Russia, and urges a new competition against these great power rivals. The other camp, which says the United States has been too belligerent and ambitious around the world, counsels restraint, not another crusade against grand enemies.

Mar 01 09:56

Chinese Defense Ministry denies reports of ‘military presence’ in Afghanistan

China’s Defense Ministry defended military cooperation with Tajikistan on Thursday following a report of a sizeable Chinese troop presence at a base in the Central Asian state. Cooperation between the two is “in line with” international law and related resolutions passed by the UN Security Council, said ministry spokesman Ren Guoqiang. However, Ren said there was no Chinese presence in the adjacent Wakhan Corridor belonging to Afghanistan.

Feb 28 12:29

Senate investigators warn of Chinese state-run centers at more than 100 U.S. colleges

Senate investigators are warning that China has opened government-run centers at more than 100 American college campuses, pouring over $158 million into Confucius Institutes that spread Chinese influence while going largely unmonitored by the U.S. government.

China’s government “controls nearly every aspect” of the institutes, including the funding, staffing and programming, according to a new, bipartisan report from the Senate’s Permanent Subcommittee on Investigations. Their proliferation has also prompted espionage concerns and attracted significant interest from the FBI, including from its Counterintelligence Division.

The warning comes amid heightened concern about whether China’s growing global footprint, propelled by massive investments in everything from foreign roads and ports to 5G wireless technology, pose a security and counterespionage risk to the United States and other countries.

Webmaster's Commentary: 

Meanwhile, all those pro-Israel centers on campuses go ignored.

Feb 28 12:28

LIMITING YOUR DIGITAL FOOTPRINTS IN A SURVEILLANCE STATE

In China, evading the watchful eyes of the government sometimes feels like an exercise in futility. The place is wired with about 200 million surveillance cameras, Beijing controls the telecom companies, and every internet company has to hand over data when the police want it. They also know where journalists live because we register our address with police. In Shanghai, the police regularly come to my apartment; once they demanded to come inside.

That said, China is big, and the government less than competent. Sometimes the police who come to my door have no idea I’m a journalist. Usually the higher-ups who deal with my visa don’t know about the house visits. The lack of coordination means one of the best things to do is to try to slip through the cracks. Basically, protect yourself but also leave an innocent trace.

Webmaster's Commentary: 

IF you think this kind of surveillance won't be coming to the US soon, you had better revisit that conclusion, and fast!!!!

Feb 28 12:18

Trade War "Chess" Leaves U.S. And Global Economy With "Catastrophic" Uncertainty

The U.S.-China trade war started reaching the boiling point last year, with “tit for tat” exchanges between the two countries adding tension to an already uncertain economic outlook in both countries.

But now it appears the trade war is reaching a fever pitch, and it’s expanding to include areas with much smaller economies like Venezuela and Africa. According to Forbes (emphasis ours):

The next US-China trade war won’t be fought in Washington or Beijing over trade frictions. It will be fought in Venezuela and Africa, where China has been an active investor, antagonizing the US.

The short version: A “contagion” could be created as a result of new trade sanctions placed on Venezuela, a country already teetering on collapse.

Feb 28 12:15

US-China Trade Deal Must Allow Unilateral Enforcement by Washington - Lighthizer

Any trade deal between the United States and China must allow the United States to unilaterally punish Beijing for predatory practices that include theft of intellectual property and technology, barriers to imports and subsidization of exports, US Trade Representative Robert Lighthizer told Congress on Wednesday.

"We have to have the ability to take proportional action, unilaterally, to make sure we have a situation where they [China] are following an agreement," Lighthizer said. "If we can complete this [negotiating] effort, and again I say if, and if we can reach a satisfactory conclusion to the all-important outstanding issue of enforceability as well as some other concerns, we might be able to have an agreement that helps us turn the corner in our economic relationship with China".

Webmaster's Commentary: 

That may be the deal-killer right there.

Feb 28 11:48

Ford "Quietly" Laying Off Thousands From Its China Joint Venture

At a time when global auto sales are grinding to what feels like inevitable prolonged recession, the world is taking many of its industry cues from China. Which is why it is notable that Ford's China JV would be laying off "thousands" of workers according to the NYT.

Thousands of the JV's 20,000 total workers are expected to be laid off as a result of weak auto sales in the world's second largest economy - a sign of continuing weakness for autos (and the overall economy) heading into the second quarter of 2019. Layoffs recently "quietly begun", according to additional reporting from Reuters. Neither Ford nor its China JV, formed in partnership with Changan Automobile Group, had a comment on the reported layoffs Wednesday morning.

Webmaster's Commentary: 

We are looking, globally, at a very anemic economy, and I am concerned that this will continue to haunt the economy for at least the rest of this year.

Feb 28 11:38

Trump Folds on Trade War With China

Today, China runs a $337 billion trade surplus with the U.S.

Despite the demagoguery, the difference in average tariff rates between the U.S. and China is just under 2%.

This is not enough to cause this structural imbalance.

That stems from our internal policies, which exacerbate the difference between labor costs here and abroad. Trump will run a $1.2 trillion deficit in 2019. The Fed will run another $600 billion in U.S. treasuries off its balance sheet.

As David Stockman points out in his latest book, Peak Trump, that’s nearly $2 trillion in new debt the market has to absorb. And it needs to do so without raising interest rates lest Trump’s budget spirals further out of control.

Feb 28 09:08

CHINA’S BASE IS A STRATEGIC SETBACK FOR INDIA’S EURASIAN ASPIRATIONS

An investigative report by The Washington Post recently revealed that Chinese troops have been stationed for at least three years on Tajikistan’s southeastern border, less than 30 km. from Pakistani-administered Kashmir, across the narrow strip of northeastern Afghanistan known as the Wakhan Corridor, which extends to China and separates Tajikistan from Pakistan and Gilgit-Baltistan.
While neither Beijing nor Dushanbe have acknowledged China’s military presence alongside the panhandle, the objective of the People’s Liberation Army (PLA) base seems to be to prevent jihadi Uighur militants returning from Syria and elsewhere to re-enter China’s restive Xinjiang province.

Feb 28 09:07

US-China Trade Deal Must Allow Unilateral Enforcement by Washington - Lighthizer

Any trade deal between the United States and China must allow the United States to unilaterally punish Beijing for predatory practices that include theft of intellectual property and technology, barriers to imports and subsidization of exports, US Trade Representative Robert Lighthizer told Congress on Wednesday.

"We have to have the ability to take proportional action, unilaterally, to make sure we have a situation where they [China] are following an agreement," Lighthizer said. "If we can complete this [negotiating] effort, and again I say if, and if we can reach a satisfactory conclusion to the all-important outstanding issue of enforceability as well as some other concerns, we might be able to have an agreement that helps us turn the corner in our economic relationship with China".

Feb 27 18:23

China reacts with FURY after US sails warships through strategic Taiwan Strait

US NAVY chiefs sailed two warships through the Taiwan Strait as the Pentagon stepped up the frequency of movement through the strategic waterway despite opposition from China.

...

China expressed anger at the move.

Foreign Ministry spokesman Lu Kang said: "We resolutely oppose the United States taking provocative actions which are not conducive to peace and stability in the Taiwan Strait.”

Feb 27 18:09

Trump Folds on Trade War With China

Feb 27 09:21

Nuclear Weapons: Who Has What at a Glance

At the dawn of the nuclear age, the United States hoped to maintain a monopoly on its new weapon, but the secrets and the technology for making nuclear weapons soon spread. The United States conducted its first nuclear test explosion in July 1945 and dropped two atomic bombs on the cities of Hiroshima and Nagasaki in August 1945. Just four years later, the Soviet Union conducted its first nuclear test explosion. The United Kingdom (1952), France (1960), and China (1964) followed. Seeking to prevent the nuclear weapon ranks from expanding further, the United States and other like-minded states negotiated the nuclear Nonproliferation Treaty (NPT) in 1968 and the Comprehensive Nuclear Test Ban Treaty (CTBT) in 1996.

Feb 26 16:32

India's Military On High Alert, Stands Ready For "Possible Retaliatory Action" From Pakistan

Pakistan Prime Minister Imran Khan's response to Tuesday's dramatic escalation with nuclear armed rival India was to direct his armed forces and the public to “remain prepared for all eventualities.” This after Pakistani officials confirmed that Indian fighter jets dropped "four bombs" in its sovereign territory while noting the Indian attack was repulsed and while going back the aircraft "jettisoned their payload" — implying the mission was cut short due to Pakistani defense efforts, according to the Times of India. "India has committed uncalled for aggression to which Pakistan shall respond at the time and place of its choosing," Khan's office said soon after the brazen violation of Pakistan's airspace.

Webmaster's Commentary: 

Thank you, China's President Xi, for urging restraint here; I would like to hope that those in the Bowels of Power in DC will absolutely the same.

But given previous hostilities, which have manifested due to no long-term plan as to how the treat the Kashmiri people, in the case of India's never-offered referendum, which would give the Kashmiri people a choice between statehood, staying with India, or joining Pakistan, I am concerned that what we are seeing here, is only the start of further, and more major, hostilities.

Feb 26 09:44

China’s Supergrid Faces One Major Problem

Feb 26 09:05

Investors counting on a big rally when China and US trade talks conclude could be disappointed

A trade agreement between the U.S. and China could result in a “sell the news” market reaction, if the deal comes up short or does not remove existing tariffs, traders said.

President Donald Trump indefinitely dropped his threat to raise tariffs to 25 percent from 10 percent on $200 billion in Chinese goods, ahead of the March 1 deadline for trade progress. The president said talks were productive and he looks forward to signing an agreement with China’s President Xi Jinping.

Feb 26 09:04

Trump Suggests ‘Signing Summit’ With Xi as China Talks Advance

President Donald Trump raised the prospect that he could sign a new trade deal with his Chinese counterpart Xi Jinping, as both sides expressed optimism that substantial progress is being made toward ending the trade war between the world’s two biggest economies.

“It looks like they will be coming back quickly again,” Trump told reporters Monday, referring to the possibility of Chinese negotiators returning after a week of talks on trade. “We are going to have a signing summit, which is even better,” he said, adding: “We are getting very very close.”

Feb 25 13:42

Chinese Internet Users Turn to the Blockchain to Fight Against Government Censorship

By Nir Kshetri, University of North Carolina – Greensboro

Thanks to blockchain, internet users have achieved some victories in the fight against China’s strict internet censorship.

A historic moment was made on April 23. Peking University‘s former student, Yue Xin, had penned a letter detailing the university’s attempts to hide sexual misconduct. The case involved a student, Gao Yan, who committed suicide in 1998 after a professor sexually assaulted and then harassed her.

The letter was blocked by Chinese social networking websites, but an anonymous user posted it on the Ethereum blockchain. However...

Feb 25 11:55

US is still sounding the alarm on China, but their confrontation could be apocalyptic

China continues to be the focal point of US foreign policy and this will continue right throughout 2019. Despite the many reasons for the prolongation of this conflict, the overall implications of this war remain catastrophic.

It is fair to say that there is a lot going on in the world right now. For a while, Syria was the political hot potato that Western countries would use to show how much they supposedly cared about human rights. This is no longer the case when you have bloodthirsty Arab monarchies and Israel hatching a plan to “rehabilitate”Syria’s president, something even the US will no longer be able to justify as a foreign policy strategy. Hyping on and on about the Syrian conflict therefore no longer has the sex appeal it once had, and now we have other parts of the world closer to the US mainland which have grabbed the media’s fancy.

Feb 25 11:18

War with China? It’s Already Under Way

These days, the trade “war” between the Trump administration and China is regularly in the headlines and, sometimes, so are the bases the Chinese are building in the South China Sea, the ships the U.S. Navy is sending ever more provocatively close to them, and the potential clashes that might result. But the global nature of the growing conflict between Washington and Beijing has yet to be fully taken in. As it happens, at this moment, it extends from Greenland (I’m serious!) to Argentina (I’m serious again!). In Greenland, still a self-ruling part of Denmark, a panicked U.S. military and Trump administration recently turned back a Chinese plan to help bankroll and build three airports. In fact, the Pentagon itself actually offered to invest in Greenland’s airport infrastructure.

Feb 25 10:44

China Lending Billions to Venezuela So Sanctioned Gov't Keeps Running - Scholar

Reports of talks between China and the Venezuelan opposition are fake news, according to Hua Chunying, a spokeswoman for the Chinese Foreign Ministry. Earlier, reports emerged that the Venezuelan opposition representatives had held meetings with Chinese government officials.

Sputnik discussed the conflicting reports with Dr. Ei Sun Oh, Senior Fellow at the Singapore Institute of International Affairs.

Feb 25 08:36

US-China Talks Hit A Snag: How To Enforce Any Deal

One of the reasons behind the market's euphoric burst last Friday and spike in the Chinese Yuan on renewed "trade optimism" is that among the numerous soundbites and flashing red headlines, was that the US and China had reached a currency deal that would prevent Beijing from depreciating the yuan, even though no details were released.

“We have a deal on currency manipulation,” Trump told reporters during an Oval Office meeting with Chinese Vice Premier Liu He, the head of a large Chinese delegation that’s in Washington for talks aimed at defusing the U.S.-China trade war.

Feb 25 08:35

MbS In China: Strikes $10BN Refinery Deal, Chinese To Be Taught In All Saudi Schools

On Friday Saudi Crown Prince Mohammed bin Salman (MBS) met with Chinese President Xi Jingping hours after finalizing a $10 billion deal for Saudi Aramco to establish a refining and petrochemical complex in China. It was the culmination of the crown prince's two day visit to China, and the last stop in a three country tour geared toward expanding the kingdom's trade ties in the East, and as both Beijing and Riyadh face mounting pressure from the United States.

Feb 25 06:56

China reveals massive oil & gas discovery in Bohai Sea

The discovery of a high-quality and high-yield oil flow in the Bohai Sea area was announced by China National Offshore Oil Corporation (CNOOC) on Monday. It has proven reserves of natural gas exceeding 100 billion cubic meters.

The Bohai Sea area is just over 100km from the Beijing-Tianjin-Hebei region.

The flow has been discovered in CNOOC’s Bozhong 19-6 gas field, China Central Televison reported. It is the largest oil and gas discovery in the Bohai Bay Basin in the past 50 years, and could be used by millions of city dwellers for hundreds of years, reports the China Daily.

Feb 24 17:50

Trump will ‘delay’ increase in tariffs on Chinese goods after ‘substantial progress’ in trade talks

US President Donald Trump has promised to extend the temporary truce in the trade war with China, claiming that talks between the sides were so “productive” that he might even meet his counterpart Xi Jinping in person soon.

Feb 24 09:46

Huawei Vows to Succeed without Washington: US Doesn't Represent Whole World

(*just begging for A Knee Capping! )

Feb 23 11:12

Trump, Xi In Talks To Meet At Mar-A-Lago Next Month

News of the summit, which follows reports earlier this month that the two sides were in the process of planning a sit-down between the two leaders, though Beijing had proposed the summit be held at the Chinese resort island of Hainan following Trump's summit with North Korean leader Kim Jong Un. A meeting between the two leaders would be their first since a Dec. 1 dinner in Buenos Aires.

CNBC also reported that China has committed to buy $1.2 trillion in US goods (though a time frame for these purchases wasn't given, though it doesn't sound very realistic on its face).

The summit will offer the two leaders an opportunity to engage in marathon talks that will likely be needed to clinch a deal. Though the wide gulf between the two sides' positions suggests that an agreement is far from guaranteed.

Feb 23 09:25

Saudi crown prince defends China's right to put Uighur Muslims in concentration camps

Mohammed bin Salman, Saudi Arabia’’s crown prince, on Friday defended China’s use of concentration camps for Muslims, saying it was Beijing’s “right”.

"China has the right to carry out anti-terrorism and de-extremisation work for its national security,” Prince Mohammed, who has been in China signing multi-million trade deals much to the annoyance of his Western allies, was quoted as saying on Chinese state television.

Xi Jinping, China’s leader, told the crown prince the two countries must strengthen international cooperation on de-radicalisation to “prevent the infiltration and spread of extremist thinking”.

Feb 22 09:47

The Pentagon is developing a new strategy to fight against Russia and China

PENTAGON is developing a new strategy for waging war against powerful states such as Russia and China, and its main peculiarity will be in secret penetration into the depths of the enemy's territory - said elite US general David Goldfine.

He is the head of the US Air Force Headquarters, and in a speech he gave at the Brookings Research Institute in Washington, he further revealed and explained:

"The new strategy is a reaction to threats from Russia and China. Work on it will last a year. And the realization of what is determined will require $ 135 billion. The essence of the strategy will be to strike at the weak points of the opponent by avoiding confrontation with his strong sides. "

Goldfine said the implementation of the strategies would involve the involvement of all generations of US armed forces, and that F-35 will play the main role as the "coordinating headquarters".

The US general estimated:

Feb 22 09:19

Gene-edited Chinese CRISPR babies may have mental ‘superpowers’, researchers warn

The genetically-modified Chinese twins born resistant to HIV last year may also have mental ‘superpowers’ their creator has kept quiet – a cognitive superiority that could kick off a genetic arms race, according to new research.
Lulu and Nana, the genetically-modified Chinese twins reportedly born HIV-resistant courtesy of the CRISPR gene editing tool, may also have been born with markedly superior mental abilities linked to the same gene edit. New research has confirmed that deleting the CCR5 gene – the same modification performed on the girls’ DNA – significantly improves cognition, learning, and memory in mice and men.

Feb 21 17:00

As Ardern & Morrison meet, Germany set to follow UK in clearing Huawei

There has been yet another Huawei complication ahead of Jacinda Ardern and Scott Morrison's meeting in Auckland today - where topics are expected to include the Chinese telco giant's participation, or otherwise, in 5G mobile network upgrades.

Germany now looks poised to follow the UK in clearing Huawei.

Dow Jones reports that a recent probe by Germany's cybersecurity agency with help from the US and other allies failed to show that the Chinese company could use its equipment to clandestinely syphon off data, according to senior agency and other government officials.

Feb 21 16:59

Chinese port bans Aussie coal, move seen as retaliation for Huawei ban

A major port in northern China has reportedly banned coal imports from Australia in a sign that Beijing may be flexing its economic muscles and warning nations not to bar its next-generation wireless technology.

The indefinite coal restrictions at Dalian started this month and are part of an overall plan to cap imports into the customs region this year, Reuters reported, citing an unnamed Dalian Port Group official.

China's foreign ministry wouldn't say if it was specifically targeting Australia, only that it regularly inspects coal imports for environmental reasons, international wire service Bloomberg said.

The move may be a shot across the bows of Australia, which last year followed the US in banning Chinese telecommunications giant Huawei Technologies Co from its 5G network on security concerns.

Feb 21 11:03

Xinhua's AI anchor broadcasts news in standing position

Webmaster's Commentary: 

Wow!

Feb 21 10:47

Taiwan's Leader Says Threat Of Chinese Invasion "Growing Every Day"

President Trump's at times warm, at times contentious relationship with his Chinese counterpart has been an exercise in cognitive dissonance that's reflective of a broader truth about the relationship between the world's two largest economies. The veneer of economic cooperation belies deeper military tensions as China's expansionist military aims threaten US security in the Pacific.

Feb 21 10:46

Trade Talks Update: China, US Working On 6 Memorandums As Deal Takes Shape

After a week of trade headlines that has been dominated by President Trump's insistence that talks are seeing "their most significant progress yet" and that the US has been pressing Beijing to commit to keeping the yuan "stable" to preclude any tariff-offsetting devaluations, the progress on a "memorandums of understanding" has emerged as a primary point of interest for Wall Street.

Feb 21 09:48

China Bans Millions From Flights, Trains In Social-Credit Crackdown

China has banned millions of people from any number of activities for being labeled as 'untrustworthy' on the country's Orwellian social credit system.

Feb 21 09:45

China Warns New US Tariffs Will Be "Catastrophic" For Global Stocks

The threat of a market catastrophe has pigeonholed the US into striking a deal with Beijing, the report suggests although many are confident that the situation is flipped.

"[Trump's] words further stoked the stock markets of the US, which reached the highest in two months and so increased pressure on the Trump administration to close the deal with China," said the Global Times in an Op-Ed, adding that if the Trump team "imposes more tariffs on Chinese products while China responds with fiercer countermeasures," it would "be a catastrophic strike to global stock markets."

"In terms of avoiding such blows, the Trump administration is probably the most pressured," the Op-Ed continues. "Thus in general, by the end of the trade negotiations, China and the US have become more psychologically equal" (according to the state-run outlet). As a result, "both sides would eventually lose," the Times warned.

Feb 21 09:45

Exclusive — Sen. Marco Rubio: ‘The Chinese Effort to Supplant America Has No Precedent’

Sen. Marco Rubio (R-FL) told Breitbart News exclusively that China’s intense international push for global dominance is the biggest threat that America has ever faced, even more substantial than the one that the Soviet Union posed in the 20th century during the Cold War.

Webmaster's Commentary: 

Bad, bad, bad, BAD China! As the US let its manufacturing decline, China became a manufacturing powerhouse! How dare they. How DARE they!

Feb 21 07:56

Scholar: London Risks Shooting Itself in the Foot By Blindly Following US Govt

British Defense Secretary argued that the UK should prepare to intervene against countries that "flout international law" such as Russia and China, backed up by new military technologies and capabilities.

This is not the first time the country has tried to intervene in these waters. London recently conducted its first joint drills with Washington in the South China Sea region.

Last October, British Royal Navy forces vowed they would assert their rights to navigate in the South China Sea despite China's provocation claims, the Financial Times reported.

As the former world power on which "the sun never sets," the UK has had to relinquish the seat of global hegemony to the US since the 20th century, albeit unwillingly.

Feb 20 12:37

Iran, China seeking to deepen ‘strategic partnership’

Top diplomats of Iran and China have emphasized the two nations’ determination to promote their “strategic” relations in various areas as a high-ranking delegation from Tehran visits Beijing for talks.

During a meeting on Tuesday with Chinese State Councilor Wang Yi in Beijing, Iranian Foreign Minister Mohammad Javad Zarif said Tehran views the “strategic partnership between Iran and China as one of our most important relations.”

“Our relationship with China is very valuable to us. We consider the comprehensive strategic partnership between Iran and China as one of our most important relations,” said the Iranian minister.

Feb 20 11:52

China Warns New US Tariffs Will Be "Catastrophic" For Global Stocks

Chinese state-run newspaper the Global Times warned - or perhaps threatened - late Tuesday that failed trade negotiations would have dire consequences for global stocks.

The threat of a market catastrophe has pigeonholed the US into striking a deal with Beijing, the report suggests although many are confident that the situation is flipped.

"[Trump's] words further stoked the stock markets of the US, which reached the highest in two months and so increased pressure on the Trump administration to close the deal with China," said the Global Times in an Op-Ed, adding that if the Trump team "imposes more tariffs on Chinese products while China responds with fiercer countermeasures," it would "be a catastrophic strike to global stock markets."

Feb 19 13:12

Businesses in the Middle East have begun to think ‘Make trade not war’ and being part of China’s Belt and Road scheme

Singapore, aiming high for the status of Asia’s unofficial capital, seems like the ideal venue for a conference to discuss how the Middle East could learn a few lessons from ASEAN’s multi-layered relations with China, especially involving partnership in the New Silk Roads, or Belt and Road Initiative (BRI).

But first, let’s get things straight. The “Middle East” is, of course, a Eurocentric, Orientalist denomination. From Asia’s – and China’s – cultural and geographical point of view, the “Middle East” is correctly seen as Southwest Asia.

It’s enlightening to evaluate two Chinese informed perspectives on how China is deploying its geopolitical soft power across Southwest Asia in contrast to the Trump administration’s immensely muddled strategy.

Webmaster's Commentary: 

This is a great place for the world to start; and I wholeheartedly agree with the concept of trade trumps war ANY day, in my book

Feb 19 11:40

After the Trade War, a Real War With China?

Our sudden hostility to China reflects a consensus – at least within the Washington Beltway – that we need to wrestle China to the ground and pin it there. But what are the chances we can do that? What are the consequences of attempting it? Where are we now headed with China?

Realism is out of fashion in Washington even if it’s alive and well elsewhere in America. It should give us pause that our new enemy of choice is a very different, larger, and more dynamic country than any we have unbefriended before. China had a couple of bad centuries. But forty years ago, the Chinese Communist Party and government began to evolve what turned out to be a successful model of economic development that blended state capitalism with free enterprise. This unleashed the entrepreneurial talents of the Chinese people. The results have been staggering.

Webmaster's Commentary: 

Folks, this is a very long read, but absolutely worth it, in terms of US/China/Taiwan relations, and how they might be bettered, or get completely nasty, if there is a war between the US and China over the future of Taiwan.

Feb 19 11:11

China Car Sales Plunge Most In 7 Years Amid Global Auto Industry Meltdown

Car sales in China continued their relentless descent in January, falling 17.7%, as we recently expected would happen when discussing Europe's tumbling January auto sales. This follows the country's first full year slump (2018) in more than two decades and it puts further pressure on the state of the global automotive market.

The drop marked the eighth monthly retail sales decline in a row and was the biggest one-month drop in seven years.

Feb 19 09:26

GE, Boeing, T-Mobile Among Latest Victims Of Chinese IP Theft

This is only the latest in a string of leaks about China’s espionage efforts since 2015. But the constant stream of evidence being leaked to the press, all of which seems to corroborate Robert Lighthizer’s claims that China’s cyber

Feb 19 09:04

RUSSIA AND CHINA ARE CONTAINING THE US TO RESHAPE THE WORLD ORDER

SOURCE: THE DURAN
Authored by Federico Pieraccini via The Strategic Culture Foundation:

Moscow and Beijing, following a complex relationship from the period of the Cold War, have managed to achieve a confluence of interests in their grand objectives over the coming years. The understanding they have come to mainly revolves around stemming the chaos Washington has unleashed on the world.

The guiding principle of the US military-intelligence apparatus is that if a country cannot be controlled (such as Iraq following the 2003 invasion), then it has to be destroyed in order to save it from falling into Sino-Russian camp. This is what the United States has attempted to do with Syria, and what it intends to do with Venezuela.

Feb 18 15:03

Huawei is blocked in US, but its chips power cameras everywhere

Pelco, a California-based security camera-maker, set lofty sales targets last year for a model with sharper video resolution and other cutting-edge features. That was until Congress derailed its plans.

In August, updated legislation barred the US military and government from buying tech gear from firms deemed too close to authorities in China. When the bill surfaced, Pelco scrapped any thought of providing its new GFC Professional 4K camera to the US government and lowered its sales goals.

The reason: The device uses parts from HiSilicon, the chip division of Huawei Technologies.

Feb 18 15:02

Headache for NZ PM as UK government clears Huawei

Spark has been given new hope - and Prime Minister Jacinda Ardern a fresh headache - with the surprise news that the British government has given Huawei the green light to help roll out 5G mobile network upgrades.

This comes off the back of serious efforts by the US to convince its allies to ban the Chinese company from high-speed telecommunications systems due to security risks.

New Zealand has followed the US and joined a raft of other countries in banning Huawei from any involvement in the rollout of 5G technology.

The PM has refused to say whether any Huawei issues have come up through diplomatic channels, or whether there has been any political blowback from China.

Feb 18 10:17

War With China?

These days, the trade "war" between the Trump administration and China is regularly in the headlines and, sometimes, so are the bases the Chinese are building in the South China Sea, the ships the U.S. Navy is sending ever more provocatively close to them, and the potential clashes that might result. But the global nature of the growing conflict between Washington and Beijing has yet to be fully taken in. As it happens, at this moment, it extends from Greenland (I’m serious!) to Argentina (I’m serious again!). In Greenland, still a self-ruling part of Denmark, a panicked U.S. military and Trump administration recently turned back a Chinese plan to help bankroll and build three airports. In fact, the Pentagon itself actually offered to invest in Greenland’s airport infrastructure.

Feb 18 10:02

In "Serious Blow" To US, Britain Concludes Huawei Is "Manageable Risk" To 5G Rollout

Following intense pressure from the US on its European allies to boycott the use of Huawei products in the rollout of next-generation 5G products and shut out the Chinese telecom giant from local markets, Germany was the first nation to rebuke Washington, with Handeslblatt reporting last week that the German government wanted to avoid excluding products offered by Huawei.

Now it's the UK's turn.

In the latest "serious blow" to US efforts to persuade allies to ban the Chinese supplier from high-speed telecommunications systems, the FT reported that the British government has concluded that it can "mitigate the risk from using Huawei equipment in 5G networks."

Feb 17 09:02

China Plans To Build Space Solar Station

Chinese scientists have revealed plans to build and launch in orbit a space solar station that could capture the Sun’s rays 24/7, Chinese media report.

China has already started to build an early experimental space power plant in the city of Chongqing, The Sydney Morning Herald reported, citing an article in China’s Science and Technology Daily.

The space solar station, planned to orbit the Earth at 36,000 kilometers (22,370 miles) could provide “an inexhaustible source of clean energy for humans,” according to Pang Zhihao, a researcher at the China Academy of Space Technology Corporation.

Such solar power technology could supply reliable energy 99 percent of the time and have six times the intensity of the solar farms that work on the earth, the scientist says.

China will start by launching small solar stations between 2021 and 2025, while a possible next step would be a Megawatt-level station planned to be built in 2030.

Feb 17 08:15

Philip Hammond's visit to China is cancelled last-minute 'after Beijing pulled out of talks over minister's threat to deploy aircraft carrier Big Lizzie to the Pacific'

Philip Hammond will not visit China this weekend amid reports that Beijing pulled out of trade talks after Defence Secretary Gavin Williamson threatened to deploy a warship in the Pacific.

The Chancellor was expected to meet Chinese vice premier Hu Chunhua, but Treasury sources said the trip was never confirmed.

It follows reports in the Sun newspaper that Mr Hu scrapped the plans hours after Mr Williamson announced that he would be sending HMS Queen Elizabeth to the Pacific region.

Webmaster's Commentary: 

This was a bone-headed move. Great Britain needs a trade deal with China to help it through a no-deal BREXIT. What was Gavin thinking?

Feb 16 10:49

Preparing to Invade China? US Air Force Drills With B-2, F-35, F-22

The Pentagon has rolled out its “stealth” aircraft, tasked with breaching enemy anti-air defenses on day one of a potential war.

The US military recently conducted drills in the Pacific Ocean, rolling out "stealth" aircraft including the discontinued F-22s, the troubled F-35s and even the B-2 Spirit strategic bombers built near the end of the Cold War, Business Insider reported Friday.

The drills were conducted with the assistance of the USS Wasp, a cross between an aircraft carrier and an amphibious assault vessel.

Interestingly, the F-35s participated with their weapons stored externally. This method increases the jet's payload, as compared to internal storage, but also significantly increases plane's radar visibility. According to the plane's maker, Lockheed Martin, the external payload model switches the airplane into "beast mode," which is expected to be utilized on day three of a war, after enemy anti-air defenses have been suppressed.

Feb 16 10:29

China Cancels Trade Talks with UK in Protest over Defence Secretary Williamson’s Speech

Chinese Vice-Premier Hu Chunhua has cancelled trade talks with Britain’s Finance Minister, Mr Philip Hammond, after Defence Secretary Gavin Williamson threatened to deploy an aircraft carrier in Beijing’s backyard, The Sun newspaper reported on Thursday (Feb 14).

Mr Hu was due to hold trade talks with Mr Hammond this weekend.

Instead, the newspaper said, Mr Hu cancelled the talks in protest at Mr Williamson’s speech on Monday.

Mr Williamson had said in a fiery speech that Britain must be prepared to boost its “lethality” and threatened to send the warship to the Pacific in response to Beijing’s military ambitions.

Webmaster's Commentary: 

Bad move, Gavin.

Feb 16 10:27

Chinese company leaves Muslim-tracking facial recognition database exposed online

One of the facial recognition databases that the Chinese government is using to track the Uyghur Muslim population in the Xinjiang region has been left open on the internet for months, a Dutch security researcher told ZDNet.

The database belongs to a Chinese company named SenseNets, which according to its website provides video-based crowd analysis and facial recognition technology.

Yesterday, Victor Gevers, a well-known security researcher that made a name for himself in the past few years by finding leaky MongoDB databases did what he does best and found one of SenseNets' MongoDB databases that had been left exposed online without authentication.

Gevers told ZDNet that the database contained information on 2,565724 users, along with a stream of GPS coordinates that came in at a rapid pace.

Feb 16 10:23

'Made-In-China' Diamonds Poised To Rock Global Market

A diamond in the rough can fetch over $2,000 per carat. These precious stones are mined deep within the Earth where they were forged in extreme pressure and heat over thousands of years. However, companies in mainland China have now mastered advanced technology to manufacture them en masse in several weeks or even in days, with products almost indistinguishable from natural ones, reported Xinhua News Agency.

China, a significant consumer of mined diamonds, has a decent chance of becoming a large supplier of synthetic gems and could reshape the entire global diamond industry, analysts warn.

Feb 16 09:22

'Enormous hypocrisy': Hungary blasts US' warnings on the dangers of dealing with Russia or China

US State Secretary Mike Pompeo's quest to scare Hungary away from dealing with Russia and China appears to have turned sour, as Budapest said it's fed up with lectures about its foreign policy.

Pompeo is on a five-day massive charm offensive in Eastern Europe seeking to "make up" for the time the US "shunned" the nations of the region "in a way that drove them to fill a vacuum with folks who didn't share our values," as he himself put it.

Feb 16 09:21

‘Space Is Free’: China Criticizes US For Accusing Beijing And Moscow Of Seeking Air War

A new US intelligence report, which highlights that Russia and China were trying to wage a war in the skies, sparked the ire of Beijing, which insists that space is not Washington’s “private property.”

“I want to make it clear that outer space belongs to all of humanity. It is not the exclusive property of any country and especially of US private property,” said Chinese Foreign Ministry spokesman Hua Chunying.

He was referring to the latest article from the Pentagon’s Defensive Intelligence Agency (AID).

Hua criticized the “unjustified and utterly unfounded comments” in the AID report, saying that China advocates the peaceful use of space and opposes its militarization.

Feb 16 08:59

US Stealth Jets Conduct Bombing Drill In Philippine And East China Sea

F-35B Lightning II stealth fighter jets with the fixed-wing detachment of Medium Marine Tiltrotor Squadron 262, 31st Marine Expeditionary Unit (MEU), conducted a bombing exercise from the Wasp-class amphibious assault ship USS Wasp in the Philippine and East China Seas, Jan. 26 through Feb. 6, according to a press release by the US Indo-Pacific Command.
F35B releases smart bombs above the Pacific Ocean, Feb. 3, 2019.
During the exercise, fifth-generation combat aircraft were armed with Sidewinder missiles and precision-guided munitions.

Webmaster's Commentary: 

Folks, a note of caution here; yes, the US military has some very sophisticated fighting aircraft; however, the Chinese are spending far less than does the US government, and getting a better "bang" for their weaponry bucks. Consider the following article from CNN, dated 30 January, 2019:

Chinese New Weapons: Fact, or Fiction?!?

IF you take a look at the individual pieces of weaponry, and see how frequently the analyst says "plausible", in terms of what capabilities the Chinese have right now, they have really upped their game, in the weaponry delivery department.

It seems, however, our military designers are stuck on those technologies which were successful in bringing the conclusion of World War II, rather than the futuristic weapons we would need to be successful, in fighting and winning World War III.

This has got to start to change, and immediately.

As a Christian pacifist activist, I would love to see war become so morally stigmatized, that it never happens again; however, as an economic realist, and understanding just how much money is made in war, at all levels, I have to conclude that there will another global dust-up, most probably generated by the Unhinged, Surveilled State of Amerika.

Feb 16 06:59

GOOGLE MAPS REVEALS PATRIOT MISSILE LAUNCH SITES IN TAIWAN

The Taiwanese government is doing damage control after the latest Google Maps upgrade revealed their most sensitive missile sites, down to the launcher types and models of the missiles, for all to see – including archenemy China.

Defense Ministry officials in Taipei are asking Google to blur the missile site locations, which were exposed in painstaking 3D detail in the latest upgrade of Google’s satellite map app, for the sake of national security – while urging the public to remain calm.
Taiwan to talk with Google over exposed missile positionhttps://t.co/mO6SE19bmj pic.twitter.com/XM1DrzNL7Y

— Focus Taiwan (@Focus_Taiwan) February 15, 2019

Webmaster's Commentary: 

This is an industrial strength "oops there!!" on Google's part, and the timing could possibly be worse, given the current tensions between mainland China and Taiwan, but I sure has heck don't see how.

Feb 15 19:10

How do you like them Apples? Tim Cook's iPhones sitting in the tree, feeling unloved by the Chinese

Apple's iPhone sales volumes in the strategic Chinese market slumped by double digits in Q4 – the firm's seasonally biggest quarter – as buyers opted for homegrown hardware makers' handsets.

CEO Tim Cook warned at the start of January that Cupertino's mobile phone revenue for Q1 of fiscal '19 ended 29 December were likely to be down 15 per cent, and so it proved when those numbers were filed.

Now Canalys has painted more colour on Apple's actual shipments: Apple sold 2.6 million fewer mobiles in China in the quarter, down almost 18 per cent to 11.5 million units. This was in a market that had declined 10.8 per cent to 100.7 million.

Feb 15 10:29

Chinese State Media Warns of Impending ‘High-Tech Cold War’ Fueled by A.I. Competition

U.S President Donald Trump’s executive order instructing the American government this week to prioritize the development of artificial intelligence (AI) could trigger a “new high-technology Cold War” between the United States and China, the Beijing-run Global Times cautioned on Tuesday.

Beijing’s warning comes on the same day that Adm. Philip Davidson, the top American top in the Indo-Pacific region, told lawmakers that China’s “massive effort to grow and modernize” its military, including endeavors to manufacture “artificial intelligence-equipped weapons,” is “eroding” America’s “relative competitive military advantage” in Asia.

Feb 15 08:26

China: Harbinger Of Global Economic Decline

Feb 14 15:22

New Zealand's tourism industry is facing backlash following rocky relationship with China

China is turning up the heat on New Zealand, threatening our booming tourism industry will take a lashing on the back of the Huawei saga.

An article published in the English version of China's People's Daily newspaper suggests New Zealand has fallen out of favour with Chinese travellers.

The paper, regarded as the mouthpiece for the Chinese government, quotes a traveller who saved more than $3200 to come to New Zealand but cancelled his plans.

"Is it a kind of robbery? New Zealand stabbed us in the back but asks for our money? This is double-faced," a Beijing-based worker told the Global Times.

Feb 14 07:26

China Denies Talks With Venezuela Opposition, Slams Western Media "Fake News" Ethic

(*so we fight back with more fake news !
Ready
..Aim
...>>>
whitehorse souce
)

Feb 13 11:28

China Rejects US Media Reports About Talks With Venezuelan Opposition as False

US media reports about Beijing holding talks with the Venezuelan opposition to protect its investment and ensure Caracas will pay on its debts are false and unprofessional, with a US newspaper having failed to wait for a response to its request for Beijing's comment, the Chinese Foreign Ministry’s spokeswoman said on Wednesday.

"The Wall Street Journal published this material yesterday at 2 p.m. [Eastern Time, 19:00 GMT], while we were preparing a response [to their request]. It is not very constructive and [actually] unprofessional. In fact, this is a false message, it's fake," Hua Chunying said.

On Tuesday, The Wall Street Journal newspaper claimed, citing sources, that China had been holding talks with the Venezuelan opposition in a bid to hedge risks for its investments in the Latin American country as pressure was mounting on President Nicolas Maduro.

Feb 13 09:53

Venezuela hopes to create non-dollar trading bloc

Venezuela hopes to create a trade bloc consisting of China, India and Russia to help the South American country settle oil payments in currencies other than the dollar, its oil minister said on Tuesday.

The strife-torn country is looking for alternative payment methods to keep oil flowing to India, a crucial export market, especially after the United States imposed sanctions curbing the OPEC member’s crude exports to the United States.

“We all can build one economy and that economy does not necessarily have to be within the dollar economy,” Manuel Quevedo said, referring to China, Russia and India.

Quevedo, who on Monday said Caracas was open to barter trade with New Delhi, declined to disclose details on how he planned to do business with India.

Feb 13 08:56

China has taken over Scotland's North Sea oil production

China has taken over Scotland's oil production and now controls two of the North Sea's biggest oilfields.

According to The Times' analysis of China National Offshore Oil Corporation's (CNOOC) accounts, a CNOOC-owned company Nexen extracts nearly 200,000 barrels of oil per day across those two fields. This makes it the largest producer in the area.

According to The Times, CNOOC, a state-owned oil company and is controlled by China's ruling communist party, has been able to grow its marketshare in Scotland rapidly because former Chancellor George Osborne gave tax breaks for oil companies in the North Sea.

Feb 13 08:28

US Wants Poland to Loosen Ties With China, Iran in Exchange for Bases - Reports

US Secretary of State Mike Pompeo arrived in Budapest on Monday, kicking off a multi-leg tour of Central Europe in a bid to cement US partnerships in the region against other major powers, including Russia and China.

Washington is preparing to offer Warsaw an increased US military presence in Poland in exchange for a Polish refusal to engage in closer cooperation with China and Iran, Rzeczpospolita reported, citing diplomatic sources.

"The situation is very dynamic. At the moment, the Americans are improving their offer qualitatively. Its essence is that no one in the world should have any doubts about America's unconditional involvement in the defence of Poland," one high-ranking diplomatic source told the newspaper.

Feb 12 13:06

China Trade-Deal Deadline Will Likely Be Extended, Trump Aides Say

More than two months after President Trump and President Xi agreed to the trade truce over a steak dinner in Buenos Aires, a second meeting between the two leaders - one that Trump insists would be essential to striking a final trade deal - remains in doubt. But according to several Trump advisors quoted by Bloomberg, China is still pushing for a meeting (though, given that the Trump administration needs to keep the deal talk alive to buoy stocks in the face of growing calls for an earnings recession, these assurances should be taken with a grain of salt).

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