CHINA | WHAT REALLY HAPPENED


CHINA

Jan 06 13:54

Chinese President to Visit Iran in Coming Weeks

Chinese President Xi Jinping is slated to visit Iran at the head of a senior politico-economic delegation in late January. President Jinping's visit will take place on January 23 and at the invitation of the Iranian government.

Jan 06 12:08

Dozens killed & injured in bus fire in China, suspected arsonist arrested

At least 17 people have been killed and dozens injured in a suspected arson attack in a bus in northern China, authorities said.

Jan 06 11:46

China Set To Establish No-Fly Zone Over Islands After Successful Test Flight

When last we checked in on the dispute over Beijing’s land reclamation efforts in the South China Sea, several dozen protesters from the Philippines were camped out on Pagasa island in a demonstration aimed at raising awareness of what they say is an illegal occupation of the Spratlys.

Jan 06 11:00

Air Defense: Military conducts drills in northwest China

An artillery regiment of the 21st Group Army under the People's Liberation Army Lanzhou Military Area Command conducted an air defense drill in northwest China just after the New Year began.

Jan 06 05:41

Chinese Businessmen Build Giant Gold Mao Statue In Rural Province

They say history is written by the victors, and in the war against the people of China, Mao Zedong was clearly the winner. Several decades after his death, a gigantic 120 foot gold painted statue is being erected in his honor, within a rural county of the Henan province. Given the actions and beliefs of this monster, his new statue is rife with irony.

Jan 05 15:15

Did China Fail Or Succeeed?

Jan 04 18:04

How BLM sells out America's land to foreign interests

"The hair on the back of my neck stood up when I was doing research for this and speaking to some of my contacts on Wall Street," Calvo said. "The BLM is part of the Department of the Interior, and look at what they have been doing? [sic] Through the BLM, the Department of the Interior has been confiscating land and going after land, for example, in the high desert in California and all over the place."

Calvo said some were telling him that the BLM was categorizing Bundy's land for future collateralization or to sell it outright.

"In the Weimar (Germany) hyperinflation, after the hyperinflation, what did they back their currency with? They backed it with mortgages and they backed it with land. This is a total possibility here in America, but here's the part that is more sinister and crazy," Calvo said. "The Department of the Interior and BLM have been providing sweetheart deals for Chinese investors. I have a laundry list of deals that have been approved just in the last year."

Jan 04 13:00

FTSE suffers worst stock market start in 16 years as China-led malaise wipes £38bn off index

Trading floors began the new year in a state of chaos as weak economic data from China and heightened tension in the Middle East wreaked havoc on financial markets worldwide.

Webmaster's Commentary: 

"Oh yes, let's blame China for it. China's at fault! China did it! Let's nuke those bastards!" -- Number 9 3/4

Jan 04 09:34

China's Stock Markets Suspend Trading After 7% Fall Following Negative Manufacturing Data

Trading on China’s stock markets was suspended for the day on Monday afternoon, as the CSI 300 Index fell 7 percent on negative manufacturing data and concerns about tension in the Middle East. The fall triggered the Chinese market’s new circuit-breaker mechanism, which was introduced in an attempt to avoid the type of volatility that saw Chinese stocks plunge 30 percent in a month last summer.

Webmaster's Commentary: 

China's manufacturing is down because Americans' ability to buy is down. This is one example of why globalism wasn't such a great idea to begin with!

Jan 02 13:47

What are the Chances of China Deploying Troops to Syria?

On Thursday, commenting on China's new counterterrorism law, and specifically its provision allowing the People's Liberation Army to participate in anti-terrorism operations overseas, Defense Ministry spokesman Yang Yujin emphasized that China has a "proactive" attitude when it comes to international cooperation against terrorism, Sputnik reported...

Jan 01 09:56

China’s yuan weakest since May 2011

China’s central bank, the People’s Bank, fixed the yuan against the US dollar at 6.4936 on Thursday, the lowest level since May 2011. The yuan (official name renminbi) declined as much as 41 basis points against the US dollar.

Dec 31 09:37

US Said to Be Preparing New Sanctions Against Iran

In July, negotiations between Iran and the P5+1 nations, including France, Russia, the United States, the United Kingdom, China, and Germany, led to a historic deal. Under the terms of the deal, after providing assurances that it was not enriching uranium to pursue a nuclear weapon, international sanctions against Iran would be gradually lifted.

Iran Makes ‘Significant Progress’ in Completing Nuclear Deal Commitments
But on Wednesday, US officials, speaking on condition of anonymity, revealed that the US Treasury Department is prepared to roll out new sanctions against companies and individuals not only in Iran, but also in Hong Kong and the United Arab Emirates, according to the Wall Street Journal.

Webmaster's Commentary: 

The world learns two lessons from this. First, that the US government cannot be trusted to keep their word about anything. Two, whatever Israel wants in DC, Israel gets!

Dec 30 03:35

China to Stimulate by Cutting Taxes

Dec 29 16:16

China joins the Big Debtors Club

Dec 29 11:39

The Ugly Truth About Avoiding War With China

While ISIS is the threat that keeps Washington policymakers up at night, it’s the rise of China that has international relations theorists in a panic. Graham Allison argues persuasively that China’s rise portends a classic Thucydides Trap. His research shows that in twelve of the last sixteen cases over the past five hundred years, when a rising power challenged an established one, the result was war. John Mearsheimer, somewhat more bluntly, warns that “China cannot rise peacefully.” It’s an impending great power clash that makes the threat from ISIS look like child’s play.

But China threatens the United States only insofar as America insists on being the dominant power in China’s backyard, a policy that actually contributes very little to U.S. security. If we abandon our strategy of primacy, the risk of a clash will shrink away. If we try to contain China’s rise, on the other hand, these predictions of doom may prove right.

Webmaster's Commentary: 

War with China would be one of the most ham-fistedly, pig-headedly stupid things the US government could do; unfortunately, that characterisation of such a move is utterly no guarantee that the US Government won't do it.

The economy is in a shambles, and some kind of national economic collapse is eminent; the fundamentals are not there in a way to provide a viable recovery for working people. So what the US government appears to be doing is to create a war as a misdirection for the anger Americans will feel when everything starts to really fall apart.

But the problem is, the US government doesn't have the money, the troop strength, or the manufacturing to ensure a positive outcome to a conventional war against China, and that is what makes the military scenario here so scarily dangerous.

Dec 29 08:24

As the East Creates, the West Tries to Destroy

I’m feeling more and more in recent months that, as difficult as it may be to believe, our world is moving away from seemingly endless wars. Make no mistake, we haven’t seen the end of wars at all. The dynamic and the war energy is changing, however. Not without a frenzy of self-conceit does the so-called Western World throw forks, china, pots, pans, rolling pins–anything it can get its bloody hands on–like a spoiled child throwing a gargantuan temper-tantrum. It tries to deny this reality over which it has less control by the second. The world is moving away from wars, from an, if-you-will, patriarchal psychosis of control–a matrix of fear, shame, guilt, rage, hate. What is beginning to emerge in what we in the West have egoistically termed the East, is construction, building new great projects to uplift a sector of mankind ignored for more that a thousand years.

Dec 29 04:16

China launches satellite for remote sounding of Earth

The satellite was launched with the aid of a Changzheng rocket from the Xichang launch center in Xichuan province. Xinhua quoted Administrator Xu Dazhe as saying the satellite that is equipped with a system of optical observation has been placed into the geosynchronous earth orbit. Xu called it the most advanced space probe of its kind nowadays. It will be used for remote tracking of geological processes and forest fires and for drawing up weather forecasts. All in all, China plans launching seven satellites of the Gaofeng family through to 2020. Unlike the Gaofeng-1 and Gaofeng-2 that were launched into low geosynchronous obits, the Gaofeng-4 is orbiting the Earth at an elevation of 36,000 km. The designer-in-chief of the project, Li Guo said the satellite can see an oil tanker in the oceanic spaces with the aid of a CMOS camera ensuring the best resolution among the cameras installed on satellites for remote sounding of the Earth.

Dec 28 13:33

Will Iran, China, Russia Push US Dollar to the Brink of Extinction?

Iran is moving forward to get rid of the US dollar as a means of payment, independent researcher Timothy Alexander Guzman points out, adding that Washington has obviously shot itself in the foot by imposing sanctions on Moscow and Tehran.

The supremacy of the US dollar is in danger: more and more countries around the world are seeking to replace the American currency, independent researcher and writer Timothy Alexander Guzman notes, pointing to a series of Russo-Iranian agreements aimed at stopping mutual settlements in US dollars with foreign countries.

Both Saddam Hussein and Muammar Gaddafi openly declared their commitment to replace the dollar with the euro and a 'single African currency' backed by gold, respectively, for oil transactions and foreign trade. As a result, both had been toppled and killed.

Predictably, Washington is panicking.

Webmaster's Commentary: 

Karl Marx got a lot of things wrong, but when he said that all wars are economic, he was bang spot-on.

Dec 28 08:24

New Chinese spying laws draw international criticism, despite similarity with UK’s Investigatory Powers Bill

New spying laws in China have drawn wide criticism from the international community, despite being largely similar to those set to be passed in the UK without much condemnation in the UK.

The new Chinese spying powers allow authorities to weaken security so that messages can be read and force companies to co-operate with surveillance. Both of those powers are also part of the Investigatory Powers Bill, which is expected to be passed into law in early 2016, on a sped-up schedule.

China’s controversial new law was passed on Sunday and requires that technology companies hand over encryption keys and other sensitive information. The country says that the powers are needed to fight against a growing threat from militants and separatists.

Dec 26 10:53

Lucky girl narrowly escapes falling ceiling in elevator in China

A six year old girl who was riding an elevator alone escaped from falling ceiling panels while leaving the elevator in Mianyang city, Sichuan Province, China.

Dec 24 09:27

Empire of Chaos preparing for more fireworks in 2016

In his seminal 'Fall of Rome: And the End of Civilization,' Bryan Ward-Perkins writes, "Romans before the fall were as certain as we are today that their world would continue forever... They were wrong. We would be wise not to repeat their complacency.”

The Empire of Chaos, today, is not about complacency. It’s about hubris – and fear. Ever since the start of the Cold War the crucial question has been who would control the great trading networks of Eurasia - or the “heartland”, according to Sir Halford John Mackinder (1861–1947), the father of geopolitics.

We could say that for the Empire of Chaos, the game really started with the CIA-backed coup in Iran in 1953, when the US finally encountered, face to face, that famed Eurasia crisscrossed for centuries by the Silk Road(s), and set out to conquer them all.

Webmaster's Commentary: 

Putin is a master chess player, and at this moment in world history, appears to be at least 1,000 moves ahead of DC.

Dec 24 06:36

The Trade Wars Begin: U.S. Imposes 256% Tarriff On Chinese Steel Imports

Two weeks ago, when looking at the latest import price index data, we showed something disturbing: China has become an all out exporter of deflation. As the chart below shows, In November, import prices from China decreased 1.5% over the past 12 months, the largest year-over-year drop since the index declined 1.7% for the year ended in January 2010.

How did this happen? As we explained, with all of its domestic markets fully saturated, China has had no choice but to export its soaring commodity production as we explained in "Behold The Deflationary Wave: How China Is Flooding The World With Its Unwanted Commodities."

As we noted then, shipments of steel, oil products and aluminum are reaching for new highs, according to trade data from the General Administration of Customs. That’s because mills, smelters and refiners are producing more than they need amid slowing domestic demand, and shipping the excess overseas.

Dec 22 12:58

Philippines vows stronger military to back South China Sea claim

Philippine President Benigno Aquino vowed on Monday to leave behind a stronger and a more capable armed forces to face maritime challenges in the South China Sea when he leaves office next year.

Aquino, ineligible to run for re-election under the constitution, promised to spend about 83.90 billion pesos ($1.77 billion) in a five-year period until 2017 to strengthen the military as China asserts its claims to most of the waters.

The spending plan was only approved this year, meaning the bulk of that money will be spent in coming months.

China has overlapping claims with Vietnam, the Philippines, Malaysia, Taiwan and Brunei in the South China Sea, through which $5 trillion in ship-borne trade passes every year. The Philippines has challenged Beijing before the arbitration court in The Hague, a case Beijing has not recognized.

Webmaster's Commentary: 

So now, the US government is signing off on the Philippines playing picador against China?!?

And of course, great assurances have been uttered that the US will defend the Philippines at any and all costs?!?

Considering how horrifically botched Obama's present and past military misadventures have gone, and the degree to which he has left our military vulnerable, I am very nervous about his starting yet another military flustercluck against China.

And when I make that statement about leaving our military vulnerable, let me explain.

As much as I detest war, as a Christian pacifist, when our military personnel are engaged in combat, I want them to have the finest, most functional equipment with them at every step of the way.

For China and Russia, there is an implicit understanding between these governments and their weapons producers that when weapons are deployed in the field, they work precisely as, or better than, advertised.

With the US and its large weapons manufacturers, it is not that way at all. Weapons companies fund election cycles very lavishly, as the Clinton campaign managers will surely admit.

Unfortunately, when US-made weapons are deployed, our military has utterly no guarantee that these weapons, planes, or ships, will work as advertised.

Many times they are defective; not well conceived, horrifically over budget, and horribly behind schedule.

IF the US government is seriously looking at going to war with China, using the Philippines' claim to the South China Sea as the "bait" here, I would like to politely suggest that they cure this problem first, before looking at a head-on military collision with China.

Dec 22 11:04

PENTAGON PREPARES FOR WAR WITH CHINA

Three recent moves by the United States threaten to ignite a war between the United States and China.

Not content with ratcheting up tensions with Russia in Europe and the Middle East, the Department of Defense’s neo-Cold Warriors are signaling to China their intent on triggering a military conflict with China over disputed islands in the South China Sea.

Admiral Scott Swift, the mustachioed and shaved-head commander of the U.S. Pacific Fleet, recently told a defense conference in Honolulu that the U.S. Navy was prepared to run Chinese military exclusion zones with military and surveillance aircraft, as well as warships.

Swift’s bellicose statement was followed by the Obama administration’s announcement that it was selling $1.83 billion in advanced weapons to Taiwan, which China regards as a renegade province.

Webmaster's Commentary: 

Not content with the military fiascoes the US government has created under Obama's watch, this administration seems very much hell-bent on creating more of them.

IF there was one new Amendment to our Constitution I would love to see added (although it is one of those "when pigs fly" issues), it would be that no President could ever run for office, or be elected, without having first served in the military, and in the direct line of fire.

The rationale here would be that because these people know the true carnage and cost of war, they would most likely be temperamentally inclined against it, and strive for good faith negotiations with which to resolve geopolitical problems.

For this President, as it was for our last, it's always "other people and other people's kids" who will ultimately pay the price of death or getting maimed for life in these wars of conquest to prevent the rise of the yuan, and the collapse of the petrodollar.

Dec 22 10:09

Shenzhen landslide in China: dozens missing, entire blocks gobbled up in seconds

A horrifying video of a landslide swallowing up the city of Shenzhen in southern China shows entire buildings being gobbled up in seconds.

Dec 22 07:51

CHINA PASSES MEXICO AS #1 SOURCE OF CALIFORNIA IMMIGRANTS

China has officially replaced Mexico as the country sending the highest number of immigrants to California. India is right behind the Middle Kingdom, however, and is also poised to overtake Mexico based on sheer data. According to the Sacramento Bee, data acquired from the U.S. Census Bureau and the Public Policy Institute of California indicates that about 33,000 immigrants moved to California from China last year, roughly triple the number who came in 2005.

Dec 22 06:31

The IMF Changes its Rules to Isolate China and Russia

The nightmare scenario of U.S. geopolitical strategists seems to be coming true: foreign economic independence from U.S. control. Instead of privatizing and neoliberalizing the world under U.S.-centered financial planning and ownership, the Russian and Chinese governments are investing in neighboring economies on terms that cement Eurasian economic integration on the basis of Russian oil and tax exports and Chinese financing. The Asian Infrastructure Investment Bank (AIIB) threatens to replace the IMF and World Bank programs that favor U.S. suppliers, banks and bondholders (with the United States holding unique veto power).

Dec 21 20:39

VIDEO: Bottled Air A Hit In Smog-Filled China

A Canadian startup that harvests and sells Rocky Mountain air is a huge hit in China, where smog levels are breaking all records. Vitality Air's $30.7 USD twin packs have sold out on a Chinese online website amid smog red alerts. Shot by Lu Liu.

Dec 21 18:10

China and Japan dump billions of dollars

Dec 20 14:18

Sesame Credit - big brother compliance score

are you a well-behaved tax slave?
are you practicing political hygiene?
are you self-censoring appropriately?

Dec 19 19:04

Keep China’s Creepy “Sesame Credit” System Out of America

Raja just wrote about Congress sneaking surveillance act CISA into a critical spending bill. Some cry Orwell, others gesture wildly at Huxley’s Brave New World unfolding on social media. What private details we don’t cough up voluntarily on Facebook are teased out of us by marketers and siphoned by the government, while a new wave of shout-down censorship is ruining debate and progress on important issues. But there may be a new player in town. China has been rolling out a system colloquially known as “Sesame Credit”, in which citizens are scored not by their payment histories, but by their purchase histories, their political views, and their friends list. Chinese core participant TenCent just purchased the most played online game in the world and American favorite League of Legends. Watch this quick primer, then ask what might happen if China plans to use this platform to influence young American customers.

Dec 18 22:32

The IMF Changes It's Rules To Isolate China and Russia

The nightmare scenario of U.S. geopolitical strategists seems to be coming true: foreign economic independence from U.S. control. Instead of privatizing and neoliberalizing the world under U.S.-centered financial planning and ownership, the Russian and Chinese governments are investing in neighboring economies on terms that cement Eurasian economic integration on the basis of Russian oil and tax exports and Chinese financing.

Russia and China are simply doing what the United States has long done: using trade and credit linkages to cement their geopolitical diplomacy. This tectonic geopolitical shift is a Copernican threat to New Cold War ideology: Instead of the world economy revolving around the United States (the Ptolemaic idea of America as “the indispensible nation”), it may revolve around Eurasia.

Dec 18 18:43

U.S. Bomber Mistakenly Flew Near Disputed Island in South China Sea

A United States B-52 bomber last week mistakenly flew within two nautical miles of a disputed artificial island built by China in the South China Sea, Pentagon officials said Friday.

Webmaster's Commentary: 

Suuuuuuuuuuuuuuuuuuuuure.

Dec 18 10:38

Sesame Credit - China's new Orwellian system

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