CHINA | WHAT REALLY HAPPENED


CHINA

Mar 27 08:44

North Korean dictator Kim Jong-Un in China, claim reports

Speculation intensified Tuesday that North Korean leader Kim Jong-Un was in Beijing for a surprise visit, after Japanese media reported the arrival of a special North Korean train met by an honour guard under tight security.

If confirmed, it would mark Kim`s first overseas trip since coming to power in 2011 and signal an intriguing twist in a fast-developing diplomatic exercise that has opened the door to separate summits between Kim and the presidents of South Korea and the United States in the next few months.

Mar 27 07:05

Copper Correction Signals China Slow Down

Mar 27 06:14

Ironically: Liberals spend too much time 'freaking out about everything Trump does'

(*Right along with The Russians , Syrians , Iranians , Koreans , Afghans , Chinese , Palestinians , Cubans , Venezuelans , Pakistanis and The Filipinos !)

Mar 26 13:32

'PetroYuan' Futures Launch With A Bang, Volume Dominates Brent As Big Traders Step In

As we detailed previously, China’s yuan-denominated crude oil futures launched overnight in Shanghai with 62,500 contracts traded in aggregate, meaning over 62 million barrels of oil changed hands for a notional volume around 27 billion yuan (over $4 billion).

Mar 26 12:57

China Launches Massive Military Drills "In Preparation For War"

Just hours after the latest close military encounter between the US and China, when the US navy sailed a destroyer to within 12 nautical miles of the contested Spratly Islands in the South China Sea as a "freedom of navigation" operation - a move that China condemned as a "severe provocation" just as the two countries launched an all-out trade war - the Chinese military launched its spring combat readiness drills with an air force exercise in the West Pacific and a joint combat patrol mission in the South China Sea.

The air force drills include H-6K bombers and Su-30 and Su-35 fighters, according to the PLA , and have a simple, if clear, purpose: "Air Force exercises are rehearsals for future wars and are the most direct preparation for war," the Chinese Air Force said on its Weibo account on Sunday, according to Reuters.

Mar 26 12:40

Tensions Rise Between China And The U.S. Inching World Closer To WW3

By Aaron Kesel

While half the media is distracted and obsessed about an extramarital affair that U.S. President Donald Trump allegedly had a decade ago with Stormy Daniels, U.S. geopolitical policy has been shifting towards China, putting us all in danger of conflict with the Communist superpower which has recently become a dictatorship with moves against human rights and presidential rights shifting back to a dynasty style of government.

Over the past few weeks, several events have elevated the U.S. geopolitical tension with China which since the Obama administration has been in turmoil after failed diplomatic discussions. It all started in 2012 when China and the Philippines engaged in a lengthy maritime feud which resulted in rejections of the verdict by China, increasing the chances of potential conflict in the region...

Mar 26 12:01

US Reaches Trade Deal With South Korea; Mnuchin "Hopeful" Of Trade Truce With China

In some welcome news amid escalating global trade war fears, on Sunday the U.S. and South Korea reached an agreement on revising the existing 6-year-old bilateral trade deal as well as Trump’s plan to impose tariffs on steel imports, Treasury Secretary Steven Mnuchin said.

Speaking on Fox News Sunday, Mnuchin said U.S. Trade Representative Robert Lighthizer reached “a very productive understanding” with South Korea on the tariffs to reduce imports and the existing trade deal known as Korus, and added that he expects "to sign that agreement soon." The resolution means that the US now has tariff exemptions with the EU, Australia, Brazil, Argentina, and South Korea.

As a result of the agreement, which he called "an absolute win-win", South Korea "will reduce the amount of steel that they send into the United States."

Mar 26 11:25

China: Train Arrives Likely Carrying High-Level North Korean Official

Japanese outlet News 24 reported March 26 that a 21-car North Korean train of the type that often carries high-level North Korean officials has arrived in Beijing under heavy security, with armed police deployed around the railway. An unconfirmed report from China-based DW News indicated that North Korean leader Kim Jong Un is visiting. In 2011, Kim Jong Il arrived in China in a similar train. With North and South Korean representatives set to meet in late April and U.S. President Donald Trump set to meet his North Korean counterpart afterward, China is attempting to mend its frosty relations with North Korea.

Mar 26 11:24

KIM JONG UN TAKES MYSTERY, HIGH SECURITY TRAIN TO BEIJING FOR SURPRISE VISIT

Kim Jong Un has made an unexpected visit to Beijing in his first known trip outside North Korea since taking power seven years ago, according to unconfirmed media reports.

The special train may have carried Kim through the northeastern Chinese border city of Dandong, Japan’s Kyodo News reported earlier. Nippon TV showed footage of a train arriving Monday in Beijing that looked similar to one used by Kim’s father, Kim Jong Il, to visit the Chinese capital shortly before his death in 2011, Bloomberg adds.

The train's arrival was said to have "disrupted the whole railway schedule for northeast China, and people are observing that and drawing conclusions about who might be on that train," according to Yun Sun, a North Korea and China expert at the Stimson Center who spoke with Business Insider.

Webmaster's Commentary: 

With trade relations between the US and China cooling by the second, it would make sense for Kim Jung Un to determine how this is going to affect North Korea's trade relations with China.

Mar 26 11:11

‘The biggest game changer in 100 years’: Chinese money gushes into Sri Lanka

Beijing is spreading its influence across the region with huge investments – much to the worry of India and the west

Mar 26 07:39

China Invades Saudi Oil Realm: PetroDollar Kill

China is working a strategy with the Saudis. Since the last months of 2017, the Jackass has been firm that the ARAMCO deal for IPO stock introduction might never occur. And if it did, then Hong Kong might be the only location for the IPO launch. It seems that disclosure and transparency is non-existent to this Arab kingdom. Now the stock listing might be in Riyadh and nowhere else. Imagine the risk to brokerage houses if the truth comes out, that the Saudi oil reserves are only 20% to 40% of the disclosed amount, a grand lie and deep fraud. Such will not stop China from investing privately in ARAMCO, since it would serve two purposes. It would enable huge diverse participation in the Saudi Economy, which contains a second treasure trove of minerals. It would enable the Chinese to purchase Saudi oil in RMB terms for payment. In the last month, the Russians confirmed an equally sized investment stake in ARAMCO.>>>

Mar 26 05:39

Death of US dollar? China launches petro-yuan to challenge greenback’s dominance

The highly anticipated yuan-backed crude oil futures have been launched in Shanghai. China is the world’s biggest oil consumer, with eyes on rival benchmarks Brent and WTI as well as the US currency.

Mar 25 17:57

China prepares for WAR: Chinese newspaper warns of South China Sea and Taiwan conflict

CHINA should prepare for a “direct military clash” over Taiwan, after a mid-level US official arrived in Taipei on Tuesday, angering senior officials in Beijing, a Chinese state run newspaper has warned.

Mar 25 09:25

US demands China reconsider ‘catastrophic’ ban on importing foreign garbage & recyclables

Amid fears of a potentially devastating trade war between the US and China, Washington has urged Beijing not to implement the ban on US garbage and recyclable materials that Asia’s giant threatened to impose last July.
In an effort to battle the "illegal foreign garbage" influx into China, last July China’s Ministry of Environmental Protection notified the World Trade Organization (WTO) that it plans to ban imports of 24 types of solid waste materials, such as soda bottles, mixed paper, recycled steel and newsprint. Despite the threat to implement the ban by the end of the year, the document stated that the “proposed date of adoption” is “to be determined.”

Concerned over the massive impact the ban could have on the US economy, on Friday the US trade representative urged China to re-examine its decision.

Mar 25 09:06

CHINA INTRODUCES "XI JINPING THOUGHT" IN THE CLASSROOM

As part of the massive government reorganization plan released earlier this week, China Daily writes that the party is establishing a new central leading group on education to:

“[E]nhance the CPC Central Committee's centralized and unified leadership in the area, speeding up modernization of China's educational system and meeting the people's demands for education.”

Improved political education will be part of its remit.

My thought bubble: When I was a student in a Chinese university in the early 1990s, I remember similar complaints about the stupidity of the political study classes. But the Communist Party won’t give up, and especially in the “New Era” under Xi in which party leadership of everything is the focus, we should expect intensifying efforts to force feed “Xi Jinping Thought” to students.

Webmaster's Commentary: 

We have the same kind of "thought control" processes going on in this country; it's called "Common Core", where kids are encouraged to give pre-digested answers to questions; not to think critically; and accept what teachers say on face value, rather than ever worrying their heads about actually reading the Constitution or Bill of Rights for themselves.

Mar 25 07:47

India talks tough to China, says we are alert and ready for any situation in Doklam

India is ready to take on any unforeseen situation in Doklam, said Defence Minister Nirmala Sitharaman on Sunday. The statement comes days after Chinese President Xi Jinping said they are prepared to fight a bloody battle against its enemies.

On Saturday Indian envoy Gautam Bambawale claimed that any attempt by China to change the status quo along the Indian border may lead to another Doklam-like stand-off between the two nations.

Mar 24 08:14

U.S. steel tariffs meet barrage of criticism at WTO

- U.S. President Donald Trump’s steel and aluminum tariffs met a barrage of criticism at a World Trade Organization meeting on Friday, as the European Union, Japan, Australia and others joined a debate started by China and Russia.

The EU representative dismissed U.S. assertions that the steps were needed to protect national security, saying Washington was just trying to support its industry, a Geneva trade official said.

WTO Director-General Roberto Azevedo said it was positive to see the discussion happening within the WTO’s walls, since taking disputes outside greatly increased “the risk of escalation in a confrontation that will have no winners”.

“Disrupting trade flows will jeopardize the global economy at a time when economic recovery, though fragile, has been increasingly evident around the world,” he said in a statement.

Webmaster's Commentary: 

What concerns me deeply here is the ability of trade wars to escalate into actual shooting wars; I am hoping like heck that this doesn't happen wit either Russia or China.

Mar 23 10:54

China Readies For WAR With New Unmanned Super Tanks Powered By AI

The Chinese military appears to be bracing itself for a major war. The country just unleashed their new unmanned super tanks that are powered by artificial intelligence.

The nuclear nation of China is constantly seeking advancements in their military and weapons technology, but they seem to be going at breakneck speed right now. The Communist nation is looking to link up the tanks to aircraft and satellites and make them work in more deadly ways than their human-driven versions, according to the Daily Star.

Chief editor of Tank and Armoured Vehicle, Liu Qingshan said the Chinese will be capable of continuous combat with greater speed and higher lethality thanks to these tanks.

Mar 23 10:53

China's Stocks Plunging on News of US Tariff Hike

Chinese markets face a severe drop, opening on Friday morning after the United States government raised tariffs against Chinese imports.

Hong Kong’s benchmark Hang Seng Index was down 3.67 percent, while the Shenzhen stock exchange saw the SZSE Component Index drop 3.42 percent. At the Shanghai stock exchange, the Shanghai Composite Index benchmark fell 3.07 percent to 3163.21 points.

Earlier, US President Donald Trump signed an order that opens the door for new tariffs against Chinese imports which was backed by some domestic companies, but has sent the US stock market plunging, increased concerns about a trade war, and received a swift response from Beijing.

Mar 23 09:24

Trump Suspends Tariffs On Multiple Nations (Not China Or Japan) Until May

After unleashing the first shots in the global trade war, and facing some retaliation from China tonight, President Trump has decided to exclude multiple nations (and The EU) from steel and aluminum tariffs through May 1st.

This action confirms what Ambassador Lighthizer suggested earlier in the evening, which perhaps explains the negligible response to this modest retreat in the trade war.

Mar 23 08:58

China should prepare for military action over Taiwan: Chinese paper

China should prepare for military action over self-ruled Taiwan and pressure Washington over cooperation on North Korea after the United States passed a law to boost ties with Taiwan, a widely read Chinese state-run newspaper said on Thursday.

Mar 23 08:27

US Is Stepping on the Cuban Rake Again

The relations with the Republic of Cuba have long been one of the most painful problems of the United States. Even after the withdrawal of its main ally – the USSR – from the global stage, all the US attempts to get Cuba under its influence have failed. Lately, Cuba has acquired a new strong ally – China.

Mar 23 07:06

China hits back at Trump's trade offensive with $3bn list of 128 US goods including pork, apples and wine that may now face higher tariffs

China's proposed tariff hikes in response to the steel and aluminum duties appeared to be aimed at increasing domestic US pressure on Trump by making clear which exporters, including farm areas that voted for the president in 2016, might be hurt.

'Beijing is extending an olive branch and urging the US to resolve trade disputes through dialogue rather than tariffs,' said economist Vishnu Varathan of Mizuho Bank in a report. 'Nevertheless, the first volley of shots and retaliatory response has been set off.'

The ministry said Beijing was considering a tariff increase of 25 per cent on pork and aluminum scrap, mirroring Trump's 25 per cent charge on steel. A second list of goods including wine, apples, ethanol and stainless steel pipe would be charged 15 per cent, mirroring Trump's tariff hike on aluminum.

Mar 22 21:27

China about to throw down the gauntlet to the petrodollar

The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil futures contract at the end of March, according to Reuters’ sources.

The petroyuan is seen as Beijing’s challenge to the US dollar, the dominant global currency in oil contract settlements.

The contract could reportedly be launched on March 26 on the Shanghai International Energy Exchange (INE). The exchange has recently received the approval from China’s State Council.

Mar 22 11:57

Taipei Sends Jets, Ships to Surveil Chinese Carrier Strike Group

Taiwanese aircraft scrambled to monitor a Chinese carrier battle group transiting the Taiwan Strait on Wednesday following Chinese President Xi Jinping’s warning that Taiwan would face the “punishment of history” if it seeks independence.

According to the Taiwanese Defense Ministry, the aircraft carrier Liaoning led a group of warships from the People's Liberation Army-Navy through the narrow waterway between China and Taiwan on Wednesday.

Aircraft taking off from the carrier did not do anything out of the ordinary that should concern the Taiwanese people, the ministry noted. Taiwanese fighter aircraft and warships shadowed the carrier's operations while it passed through the strait.

Mar 22 11:47

Xi Jinping Challenges Trump, Taiwan: China Will Give Up ‘Not a Single Inch’ of Land

Chinese Communist leader Xi Jinping concluded the nation’s annual meeting of its legislature, the National People’s Congress, with an extensive speech on Tuesday warning “separatists”—in reference to Hong Kong, Macau, Taiwan, Tibet, and Xinjiang—that their “actions will be met with the condemnation of the people an the punishment of history.”

“Not a single inch of our land will be, and can be, ceded from China,” Xi declared to applause, an apparent warning also to the United States following the passage of the Taiwan Travel Act in Congress. The act allows Taiwanese officials greater freedom to visit the United States for diplomatic reasons, lending legitimacy to the sovereignty of the Taiwanese government at the expense of China.

Mar 22 11:14

Trump imposes $60bn in tariffs on Chinese imports, accusing Beijing of intellectual-property theft

Trump has signed a Section 301 trade action with China that could be about $60 billion in tariffs, he said adding that he asked China to reduce trade surplus immediately by $100 billion.

Mar 21 09:42

The End of the Petrodollar?

In a move that could portend massive shifts in the global oil game, the Shanghai International Energy Exchange will soon unveil an oil-futures contract denominated in Chinese yuan rather than U.S. dollars (product symbol: SC). Experts warn that the growing clout of Chinese currency in international financial markets could erode the primacy of the U.S. dollar, a long-term economic trend that should greatly trouble Washington.

The International Energy Exchange conducted a final set of drills to test trading, settlement, and quote transmission back in December. China’s Securities and Regulatory Commission has announced that the crude-futures contract will launch on March 26.

Mar 21 08:48

China, not North Korea, to dominate Japan military planning

North Korea’s growing missile arsenal might be the most obvious and immediate military threat facing Japan, but defence planners in Tokyo are focused on a much larger and more challenging foe as they prepare for the years ahead.

Mar 21 08:45

CPEC now threatens to destroy our industry by lifting import tariffs, say Pakistani officials

The way the China-Pakistan Economic Corridor (CPEC) is progressing is certainly going to end up hurting Pakistan. This is not something we are saying, but the opinion of Pakistan's Federal Board of Revenue (FBR), Pakistan media reports have said. The FBR believes CPEC could well end up destroying Pakistani industry, and take away any incentive for Chinese companies to manufacture in Pakistan.

Mar 21 08:36

Top nuclear commander says Russia and China are developing high-speed hypersonic weapons and America can't defend against them

A top nuclear commander warned that the US should add more nuclear weapons to its arsenal because Russia and China are actively developing a new high-speed hypersonic weapon.

US Air Force general John Hyten, commander of the US Strategic Command, said Tuesday that Russia and China are 'aggressively pursuing' hypersonic weapons, a type of nuclear missile that flies a a very high speed.

According to Hyten, the US doesn't have any type of nuclear weapon that can defend against a hypersonic missile so he suggests the country get to work.

Webmaster's Commentary: 

That, of course, means more money for the military!

Mar 21 08:18

World War 3: China military deploy AIRCRAFT CARRIER to Taiwan after 'bloody war threat'

CHINA has sent the nations sole aircraft carrier through the narrow Taiwan Strait after President Xi threatened a “bloody” war if anyone tried to “separate” his country at the Chinese Communist Party conference, it has been reported.

Mar 21 08:17

China Is Days Away From Killing the Petrodollar

China is rapidly displacing the US as the dominant global power. This shift is inevitable. China’s economy will be twice as large as the US economy by 2030.

This leaves the US with limited options…

It could kick back and let China displace it as the most powerful country in the world.

It could start a military war with China.

And it could push the current trade battle into an all-out economic war against China.

I think a full-blown economic war is the most likely. Under President Trump, it’s all but certain.

Mar 20 10:49

Germany, China to work on steel overcapacity via G20

Chancellor Angela Merkel has spoken with Chinese President Xi Jinping about steel overcapacity and the US threat of tariffs. They are to work on solutions through the G20 group of industrialized nations.

Mar 20 09:13

TIANGONG-1 Decay Predictions and current orbital parameters

Webmaster's Commentary: 

Current predicted entry April 2 +-2 days.

Mar 20 08:24

Former Chinese missile force commander appointed defense minister

China appointed a former missile force commander as its new defense minister. Lt. Gen. Wei Fenghe’s naming on Monday as the international face of China’s military was among a series of appointments by the legislature on the penultimate day of its annual session. As the minister, Wei is outranked by President Xi Jinping, who is also chairman of the Central Military Commission, and two vice chairmen, AP said. Foreign Minister Wang Yi was reappointed as the country’s top diplomat and also promoted to state counselor, while Zhao Kezhi was confirmed as minister of public security in charge of the police. Chen Wenqing, a former top official in the ruling Communist Party’s graft-busting agency, remains minister of state security.

Mar 19 09:19

Marco Polo in reverse: how Italy fits in the New Silk Roads

Italian engineers and Chinese traders are looking to transform Venice into a key hub with an offshore-onshore port system, known as Voops, to rival northern European ports such as Rotterdam

Mar 18 10:23

Trump to combat movie piracy by China, saving the U.S. economy $600B annually

President Donald Trump is crafting a way to combat intellectual property theft by China and protect U.S. shows such as HBO’s “Game of Thrones” from being pirated online.

The HBO hit series has taken the crown as the most pirated TV show on the internet for the sixth year in a row. According to the Motion Picture Association of America, 90% of the viewership of U.S. movies in China is illegal.

“Everybody is in agreement, both parties, the EU, that something has to be done about this piracy from China,” Horizon Investments Chief Global Strategist Greg Valliere told FOX Business’ Liz Claman.

The National Bureau of Asian Research puts the cost of Chinese intellectual property theft to the U.S. economy as high as $600 billion annually.

Mar 17 11:10

Xi Jinping reappointed as China's president with no term limits

China's rubber-stamp legislature on Saturday unanimously approved the reappointment of Xi Jinping as president with no limit on the number of terms he can serve.

Mar 17 10:59

Trump signs bill on Taiwan cooperation, defying China’s warnings

US President Donald Trump has signed into law a bill which aims to deepen ties between the US and Taiwan. China has issued multiple warnings to both Washington and Taipei over the law.

Mar 17 10:41

China to bar people with bad 'social credit' from planes, trains

China said it will begin applying its so-called social credit system to flights and trains and stop people who have committed misdeeds from taking such transport for up to a year.

People who would be put on the restricted lists included those found to have committed acts like spreading false information about terrorism and causing trouble on flights, as well as those who used expired tickets or smoked on trains, according to two statements issued on the National Development and Reform Commission’s website on Friday.

Those found to have committed financial wrongdoings, such as employers who failed to pay social insurance or people who have failed to pay fines, would also face these restrictions, said the statements which were dated March 2.

It added that the rules would come into effect on May 1.

Webmaster's Commentary: 

Look for such rules starting to take effect here in the US, in the not too distant future.

But hey, there's always an upside, right?!?

Look for car ownership in China to begin to spiral like crazy, if public transport is out of the question, because of some real - or imagined- slight against its Central Government.

Mar 17 09:56

VIDEO: Turkish Supported Terrorists Directly Threaten China

Turkey has decided to play a very dangerous game by directly supporting terrorists who have openly threatened China.

The Uyghurs are a Turkic minority group from China’s western Xinjiang province. Large segments of their population seek independence from the Chinese state and aim to establish a new state called East Turkistan that would be governed by Shariah Law.

As the Uighurs are ethnic kin with the Turks, they have long had Turkey as a safe haven for those against the Chinese state.

Mar 17 09:45

In Case of War With Russia or China It's Lights Out for US Satellites

“Foreign countries—particularly China and Russia—will continue to expand their space-based reconnaissance, communications, and navigation systems in terms of the numbers of satellites, the breadth of their capability, and the applications for use,” director of national intelligence Dan Coats said in his written testimony before the Senate Armed Services Committee on March 6. “Both Russia and China continue to pursue antisatellite (ASAT) weapons as a means to reduce US and allied military effectiveness.”

Coats noted that both Russia and China continue to press for restrictions on space weapons, but said that during a time of war, both Beijing and Moscow would justify the offensive space operations as a military necessity.

Mar 16 12:55

China "BUYS" Joe Biden in $1 Biillion Deal | Lou Dobbs Tonight | March 15, 2018

Mar 16 09:45

China Dumps Treasurys As Foreigners Buy Near Record Stocks

Recent concerns about a Chinese liquidation of its Treasury holdings in advance of, or in response to, a trade war appeared to have been greatly exaggerated one month ago, because according to the Treasury International Capital data from one month ago, China had actually added $8.3 Billion to its holdings in December, bringing the total to $1184.9BN, $26 billion more than a year ago. Meanwhile, we reported that the real seller was Japan, which dumped $22.6 billion in TSYs, bringing its total to just over $1.061 trillion, the lowest since the start of 2012.

Fast forward to today when the "China is liquidating treasurys" narrative is set for a comeback, because according to the latest just released TIC data, in the first month of 2018, Chinese Treasury holdings declined by $16.7 billion (a number which recall is price adjusted), to $1.168 trillion, the lowest since July of 2017 and the biggest monthly drop since September.

Mar 16 09:18

Chinese Jets Drill at High Altitude Near Western Border After Engine Upgrades

Recent footage of People’s Liberation Army Air Force (PLAAF) jets flying in western China have caused Chinese military analysts to asses that the country is increasing its military presence near the border with India, and that the country has overcome some technical hurdles to become a more effective mountain combat force.

Xian JH-7 fighter-bombers, Chengdu J-10 multirole fighters and J-11 air superiority fighters flew at high altitudes above snow-capped mountains, signaling that the aircraft were conducting exercises over southwestern China, the South China Morning Post reported Thursday. The video was released by the PLAAF Monday.

Mar 16 07:13

NY POST: Explosive ‘Secret Empires’ Book Uncovers Joe Biden, John Kerry Billion-Dollar China Bombshell

On Thursday, the New York Post published an exclusive excerpt of the soon-to-be-released investigative blockbuster Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer.

In this excerpt, Schweizer reveals that former Vice President Joe Biden’s son Hunter Biden’s firm scored a $1 billion deal with the Bank of China’s Bohai Capital just 10 days after Vice President Biden and his son Hunter Biden returned from their 2013 trip to China.

Mar 15 13:25

BIDEN, KERRY’S SONS STRUCK BILLION-DOLLAR DEAL WITH CHINESE GOVT DAYS AFTER VP VISIT

Former Vice President Joe Biden’s son Hunter Biden inked a billion-dollar deal with a subsidiary of the Chinese government’s Bank of China just 10 days after the father and son flew to China in 2013.

The Biden bombshell is one of many revealed in a new investigative book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer. Schweizer’s last book, Clinton Cash, sparked an FBI investigation into the Clinton Foundation.

Mar 15 10:43

China And Russia Form Uranium Partnership

China and Russia are teaming up for a joint uranium mining project in Western Russia.

The ARMZ Uranium holding subsidiary of Russian state owned energy giant Rosatom will be partnering with the Russia-China Investment fund (RCIF) on the $325 million project in the Zabaikalsky region.

The Priargunsky Industrial Mining and Chemical Union will reportedly own 51% of the new project, while ARMZ will hold the remaining 49%. The majority of the financing will come from the China National Nuclear Corporation with a $282 million investment, while the RCIF will put up the rest.

The mine has a total reported reserves of 40,000 tons of uranium ore, with an annual capacity of 850,000 tons expected - and will break ground by 2023.

Webmaster's Commentary: 

Another reason to fully investigate the Uranium One deal!

Mar 15 02:38

China: Time of Xi

A background on Chin shows why Xi has been cleared to rule past 2023. He puts the people first.

Xi Jinping could end up being ‘President for life’ in China

Mar 14 12:14

Here Comes The Main Event: Trade War With China, And What Is Section 301

The recently announced global steel and aluminum tariffs (with various exemptions) by the Trump administration were just a (Section 232) preview of the main event: Trump's imminent trade war with China, which as Credit Suisse previews, will be unveiled any moment in the form of tariffs and restrictions on trade with China, reportedly in retaliation for Chinese IP violations.

First, a reminder on the all-important Section 301:

Webmaster's Commentary: 

Mr. President, a word, please: with your desperately needing Beijing to be handholding Kim Jung Un in preparation for your talks with him before May of this year, the timing - and optics - of creating such tarriffs could possibly be worse, but I cannot tell you how.

Mar 14 08:43

Bavaria Wants to Keep Chinese Investors Away From German Companies - Report

The German federal state, home to the world’s leading industrial concerns BMW, Siemens and others is reportedly preparing stricter limits for Chinese stake buyers amid fears of stealing technology and threats to industrial security.

Bavarian authorities are preparing new legislation, which lowers the stake barrier for Chinese investors from the current 25% to 10% maximum share, according to the local outlet Augsburger Allgemeine. The southern German state is set to introduce the proposition to the national parliament after several acquisitions by Asian tycoons have alarmed Europe’s largest economy.

Mar 13 14:05

The Trade War Escalates: Trump Demands Broader Tariffs Against China

Update: Reutersis reporting that Trump is planning to impose tariffs on $60 billion of Chinese imports. The tariffs will primarily target technology and telecommunications imports - but would not be expressly limited to these sectors, according to one source.

Politico reported earlier that Trump rejected a plan for imposing $30 billion in tariffs on Chinese imports, saying they weren't big enough.

Webmaster's Commentary: 

I am having a Jon-Luc Picard double face-palm, at warp speed, upon reading this.

Mr. President, you really need the Chinese government and business structure to be as sympathetic to your peace talks with Kim Jung Un as humanly possible.

The timing and optics of such tarrifs COULD possibly be worse... but I honestly cannot tell how.

Mar 13 10:36

CHINESE SPACE STATION MAY CRASH INTO MICHIGAN IN THREE WEEKS

An out-of-control Chinese space station full of "highly toxic" chemicals may crash into lower Michigan, reports Aerospace.org, which has predicted an April 3 reentry with a margin of error of one week before and after. While the list of possible targets include locations in Northern China, South America, Southern Africa, Northern Spain and the United States. Lower Michigan in particular is among the regions with the highest probability of a direct hit.

Webmaster's Commentary: 

With a margin of error of a week on either side, it is premature to suggest where the space station will land. But if it does hit the US, count on it being used to rabble-rouse against China!

Mar 13 06:54

China Benefits From Slow US Military Acquisition Processes, DoD Official Says

After a run of mishaps in recent US military acquisition history, the US military’s new top weapons developer quipped that “the Chinese love our acquisition system. They are the biggest fans of our acquisition there could possibly be.”

Speaking to a defense industry group in Washington, DC, at the McAleese/Credit Suisse Defense Programs Conference on March 6, Pentagon Undersecretary for Research and Engineering Michael Griffin pointed out how slow US military development and acquisition processes are — more than 16 years from statement of need to operational capability, compared to China’s two or three years. “We used to do it in two or three,” the official deadpanned.

Mar 13 05:45

US Carrier Strike Group Making Waves in the South China Sea

The United States aircraft carrier USS Carl Vinson, powered by twin nuclear reactors and accompanied by a formidable Carrier Strike Group of one guided-missile cruiser, two destroyers, eight aircraft squadron fighter jets, and a crew of 5,000 US sailors, sails into Da Nang’s port this week. Stretching more than three football fields with a beam of 252 feet and a displacement of 100,000 tons, the ship’s enormous wake signals to China and the region Washington’s resolve to defend its national interests and to conduct freedom of navigation operations in the South China Sea.

Its ceremonious arrival also underscores a closer comprehensive partnership with Vietnam, once an enemy and now a friend.

Mar 12 14:58

China Wants More Russian Su-35 Fighters, Along With the Technology Behind Them

Beijing is happy with the speed and quality of first Su-35 delivery, but makes local production prerequisite of more orders

Multiple sources within Russia and the People’s Liberation Army Air Force suggest that Beijing and Moscow may have struck a preliminary deal for procurement by the PLAAF of more of Russian-made Sukhoi Su-35 fighters.

>>>

Mar 12 08:52

China Accuses US Of Fabricating Trade Data, Warns "Trade War Would Be A Disaster"

While Canada and Mexico and soon other US "allies" have so far been spared the brunt of the Trump import tariffs on aluminum and steel imports as a result of "indefinite" exemptions for the duration of Nafta negotiations, China - the country that is the target of Peter Navarro's trade scorn - has not been so lucky, and the result has been an outpouring of increasingly hostile jawboning by Beijing, which while taking the Trump gambit in stride so far, is clearly concerned how far Trump could ratchet up protectionist measures.

As a result, on Sunday China said that it will not initiate a trade war with the United States, but vowed to defend its national interests in the face of growing American protectionism.

"There are no winners in a trade war, and it would bring disaster to our two countries as well as the rest of the world," China's Minister of Commerce Zhong Shan said at a briefing on the sidelines of the country's annual parliamentary session according to AP.

Mar 12 07:15

'Chinese Dream,' or Why Second Biggest Economy Scraps Presidential Term Limit

Chinese lawmakers voted almost unanimously Sunday to endow the country's leader, Xi Jinping, with the power of life-long rule; Sputnik has attempted to determine how justified the move is. Here is a list of Xi’s accomplishments since 2012 – the year when he officially took office.

Xi’s Purges and Flat No to Corruption

For the communist country, the past five years have been a period of sweeping reforms and multiple challenges. For a start, Xi chose to transform the ruling party and introduce progressive measures for better inter-party discipline.

Having thus secured the country’s political unity, he embarked on an all-embracing anti-corruption campaign, which saw more than a million high- and low-level officials, as well as former officials, punished for their malfeasance.

Mar 09 08:49

Out Of Control Chinese Space Station Carrying Toxic Waste Will Crash To Earth In Days

China’s first prototype station, Tiangong-1, will come crashing back to Earth between March 29 and April 9, experts say. The space station is carrying toxic waste, and it’s still unknown where Tiangong-1 will actually hit once it falls back to the planet.

The Chinese space station is said to be errant and out of control while carrying extremely hazardous toxic waste. The problem is that the space station is going to crash into the Earth within the next 21 days, and experts have no idea where it’s going to land.

According to The Daily Mail, the doomed 8.5-tonne craft, which has been hurtling towards Earth since control was lost in 2016, is believed to contain dangerous hydrazine. Agencies around the world who have been monitoring its descent believe it has a higher chance of hitting Europe, the US, Australia, and New Zealand. However, no one really knows where it’s most likely to actually impact.

Mar 08 14:53

Reporter "Harassed" By Police After Exposing China's "Dirty" Steel Secret

Watch CNBC reporter escorted out of 'steel-free' town

Mar 08 09:07

Navy, Marine Corps leaders warn that China is 'weaponizing capital'

Top Navy and Marine Corps officials on Wednesday expressed concern over China’s expanding global reach and said the superpower was rapidly buying up foreign land to “win without fighting.”

“When it comes to China, the bottom line there is the checkbook,” Navy Secretary Richard V. Spencer told lawmakers during a House Appropriations defense subcommittee hearing.

“Not only in the dollars and cents that they are writing to support their military expansion and their technological work, but what they’re doing around the globe ... weaponizing capital.”

Spencer referred to Beijing’s current funding of a Sri Lankan port project, a move not done as aid but rather in order to secure it for themselves.

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