The New York Times KEITH BRADSHER March 10, 2009 HONG KONG — Most economists still do not expect the Chinese economy to suffer a broad decline in prices this year, but statistics released on Tuesday did provide disturbing whiffs of possible deflation.

Consumer prices were 1.6 percent lower last month than a year earlier, the first decline since December, 2002, the National Bureau of Statistics announced in Beijing. February’s result represented a precipitous drop from an inflation rate of 8.7 percent in February of last year, when rising prices were a top priority for the Chinese government.

US, China Agree to Joint Military Exercises
By Al Pessin, 16 July 2008
Admiral Timothy Keating says the understanding was reached during a dinner he hosted in Washington for the commander of China's Guangzhou Military Region, General Zhang Qinsheng.

http://www.skolnicksreport.com/chinesesp4.html
"THE RED CHINESE SECRET POLICE IN THE UNITED STATES",
Part 4 by Sherman H. Skolnick 11/13/02

http://roundtable.truck.net/viewtopic.php?t=8654
Did Bush Sell A Top Secret Spy Plane To China?
Aries II down: Another technology transfer to China
By Al Martin
April 5, 2001—In the continuing effort to make China the bogeyman of the 21st century, Washington has scored yet another coup–the loss of the EP-3E Aries II surveillance aircraft.

Updated Sunday, March 1, 2009 1:11 am TWN, By Marianne Barriaux, AFP
China, U.S. to resume high-level military ties
BEIJING -- China and the United States agreed to resume high-level military exchanges during talks here that a senior U.S. defense official described Saturday as his best ever.

http://www.chinadaily.com.cn/china/2008-01/14/content_6390335.htm
US admiral's visit to boost ties
By Cao Desheng (China Daily)
Updated: 2008-01-14 06:54
US Pacific Command Commander-In-Chief Timothy Keating Sunday started his second visit to China in less than a year - a trip Chinese observers say would help strengthen military ties between the two countries.

US Gives China Eminent
Domain Over US Property
Beyond High Treason
A. True Ott, PhD, ND
2-28-9

"BEIJING, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves.

The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China."

Obama Sells US To China Inc
By Cliff Kincaid
AIM Column
2-23-9

With Hillary Clinton having signaled to the Chinese dictators that we will beg for their money and ignore unfair trade practices and even human rights violations, it will be left up to President Obama to seal the deal.

The truth is starting to seep out. Because of the need for more money to finance the latest bailout-the Obama economic stimulus plan-America is going further in debt to the Chinese Communists. Our country is officially being sold to the highest bidder. And we have striking confirmation of this fact from Secretary of State Hillary Clinton.

I can make a very good guess as to helped them to our nuclear secrets.

THE possibility that, in an Obama administration, science will drive rational public policy provides an unprecedented opportunity to deal with a gnawing yet persistently neglected threat to the world: nuclear weapons.

No government is likely to declare how many strategic nuclear warheads it has, but the US and Russia are thought to possess at least 5000 apiece. The 2002 Strategic Offensive Reductions Treaty required each nation to have no more than 2200 "operationally deployed" strategic warheads by 2012, yet this represents no real progress towards disarmament, as the target number is essentially identical to that proposed at the 1997 summit on nuclear arms reduction between Bill Clinton and Boris Yeltsin in Helsinki, Finland.

China overtook Germany to become the world’s third-largest economy in 2007 after the Chinese authorities revised upwards the figures for growth during that year.

CHINA'S central bank said yesterday that it plans to implement a pilot program that would settle overseas trade with the Chinese currency instead of the US dollar.

Those moves are expected to facilitate overseas trade, as Chinese exporters might face losses if they continue to be paid in US dollars, analysts said.

Americans know that China has financed much of their nation’s public and private debt. During the presidential campaign, Barack Obama and John McCain generally agreed on the peril of borrowing so heavily from this one foreign source. For instance, in their final debate, McCain warned about the “$10 trillion debt we’re giving to our kids, a half a trillion dollars we owe China,” and Obama said, “Nothing is more important than us no longer borrowing $700billion or more from China and sending it to Saudi Arabia.” Their numbers on the debt differed, and both were way low.

The remedies proposed by Governments the world over are not working as every real economic indicator confirms. The eternal corrupting influence of Money on Government policies and planning have all but guaranteed that whatever methods are employed to redeem the economy from the whale’s mouth, they will be like drops of rain meeting a river. The one overwhelming factor that does not seem to be factored in to the equation is that to get oneself out of a financial mess one needs financial resources. Not the borrowed kind but the saved kind. This is where China holds an Ace.

POLICE in northern China have detained dozens of people who rioted because they were angry about the compensation paid for the death of a local man, Xinhua news agency said on Saturday.

China Investment Corporation is to put the brakes on making investments in western banks until governments come up with coherent policies to cope with the global economic downturn.

Lou Jiwei, the chairman of the sovereign wealth fund, said today: "Right now, we do not have the courage to invest in financial institutions. We have to wait for the time when there won't be massive collapses of financial institutions."

China had lost confidence in many financial institutions, Lou said, because foreign governments seemed to be changing their policies "every week".

Nearly 300,000 children were made sick and six may have been killed by milk tainted with the toxic plastic melamine, Beijing has said in a major revision of numbers of those affected by China's worst recent health scare.

...but melamine in US baby formula is safe. Really.

China's currency staged a record loss against the U.S. dollar Monday, falling to the lower end of its daily trading limit, in what some analysts said is a policy shift as authorities let the yuan depreciate against the greenback in an effort to help bolster the decelerating economy.

Chinese news outlets are frantically discussing a recent meeting between the Rand Corporation and the Pentagon.

The Rockefeller - Ford/Carnegie Foundation controlled Rand Corp. suggests that a war with a major world power will revitalize the economy helping the current banking elite to maintain their control over America.

Reports from the Russian media suggest that the country is on the verge of an agreement with China to renounce the US dollar and stop using it in international settlements.

“The recent meeting between Russian Prime Minister Vladimir Putin and his Chinese counterpart, Wen Jiabao, created a financial sensation,” reports RIA Novosti.

“Wen said that the two nations could withstand the global financial crisis if they joined forces; Putin urged him to go farther and stop using U.S. dollars in Russian-Chinese settlements.”

Pirate’s Gold Milk Chocolate Coins, made by Sherwood Brands, have just joined the ever-expanding list of recalled, made-in-China products containing the contaminant melamine.

Alan Greenspan and Ben Bernanke will go down in history as two of the most incompetent Federal Reserve chairmen our country has ever had. Like Mr. Magoo, they blindly drove the stock market and then the real estate market into some of the biggest bubbles our world has ever seen.

By Mike Whitney

BEIJING: Bank of China Ltd. is buying a stake in French bank LCF Rothschild and says the two will develop private banking and asset-management services for China's newly rich.

China's fast-growing banking industry is eager to expand its foreign ties, and the latest deal announced late Thursday came despite industry turmoil following the failure of Wall Street house Lehman Brothers.

WASHINGTON (CNN) -- A federal judge has ordered the immediate release into the United States of a group of 17 Chinese Muslims who have been held in the U.S. military facility at Guantanamo Bay, Cuba, for several years.

WHY NOT FREE THEM ALL? have any charges been filed? gheesh.

China has canceled or postponed several military exchanges with the United States in protest against a proposed 6.5 billion dollar arms sale to Taiwan, a Pentagon spokesman has said.

“The Chinese reaction is unfortunate and results in missed opportunities,” said Major Stuart Upton.

Upton said senior level visits and exchanges involving humanitarian assistance, and disaster relief issues that had been scheduled to take place before the end of November, were canceled or postponed.

China has abruptly cancelled several military agreements with the United States in protest at a decision by the US to sell $6.5 billion (£3.7 billion) of arms to Taiwan.

"Can you save us? We're here to be rescued!"

That, in a nutshell, was the collective cry of a swarm of American (and European) bankers, auditors, consultants and industrialists that thronged the cavernous halls of the colossal convention centre in Tianjin at the weekend.

BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

China’s state media today reports on the real reason behind the Wall Street meltdown and a subject that the mainstream US media dare not mention - the Federal Reserve’s overissuance of currency - which the Chinese say is part of a wider agenda to justify increased control over the global economy.

BEIJING (AFP) - Used condoms are being recycled into hair bands in southern China threatening to spread sexually-transmittable diseases they were originally meant to prevent, state media reported Tuesday.. Errr.. Recycling anybody?

By DAVE LINDORFF

18/9/08 "Counterpunch" -- - With the government now having spent over $800 billion in less than a year shoring up tottering financial companies that had become little more than casinos (and rigged ones at that), America is looking increasingly like China, a country where the state has been gradually getting out of the business of directly owning companies.