Feb 24 08:39

China bars foreigners from Tibet

Foreign tourists planning to visit Tibet have been told by travel agencies that the region has been closed to outsiders until the end of March.

The month marks the 50th anniversary of the escape into exile of the Tibetan spiritual leader, the Dalai Lama.

In March last year, Tibet witnessed a wave of violent anti-China protests - the worst unrest there for 20 years.

Webmaster's Commentary: 

Maybe the Tibetans don't like living under occupation any more than the Palestinians.

Feb 23 17:42

Obama Sells US To China Inc

Obama Sells US To China Inc
By Cliff Kincaid
AIM Column

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.

Feb 23 09:21

Russia defends sinking cargo ship

Russia has expressed its regret over the deaths of eight Chinese and Indonesian sailors whose ship was fired on by Russian forces.

But Moscow blamed last week's incident squarely on the ship's captain.

Feb 22 12:05

Clinton wraps Asia trip by asking China to buy US debt

"Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said.

Clinton added: "The US needs the investment in Treasury bonds to shore up its economy to continue to buy Chinese products."

Webmaster's Commentary: 

I think the word "asked" in the headline should probably been replaced by the word "begged". And it is apparent that Clinton didn't really get an answer to that for the Chinese leaders with whom she met.

Feb 19 15:08

Eight feared dead after Russia sinks Chinese cargo ship

Eight crew were feared dead after Russian Coast Guard vessels fired on a Chinese ship that was fleeing port after a dispute over a rice cargo, Chinese and Russian sources said Thursday.

Feb 09 17:08

Washington Post: The Chinese stole the design secrets to all -- repeat, all -- U.S. nuclear weapons.

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

Feb 09 11:04

Witness: Top of Beijing luxury hotel 'exploding'

A massive fire engulfed a newly constructed, unoccupied luxury hotel in central Beijing on Monday night as crowds watched a nearby fireworks display to celebrate the end of Lunar New Year.

Webmaster's Commentary: 


Any minute that sucker will collapse just like WTC-7.

Any minute.

Any minute now.


Any minute now.

Gonna come right down.


Let's go get a beer or something.

Jan 29 09:28

Commentary: Will Obama see sense about nuclear threat?

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.

Jan 17 04:00

China becomes third largest economy

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.

Jan 06 22:29

Yuan-settlement test to start

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.

Dec 21 07:37

“Be Nice to the Countries That Lend You Money”

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.

Dec 17 09:55

China; Review the old and deducing the new makes a teacher

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.

Dec 13 23:34

China arrests dozens after riot

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.

Dec 04 12:19

Chinese wealth fund turns back on western banks

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".

Dec 02 07:52

China reveals 300,000 children were made ill by tainted milk

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.

Dec 01 08:48

China's currency falls by record against U.S. dollar

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.

Nov 01 12:46

Chinese news exposes the Rand Corporations plans to start World War III

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.

Nov 01 08:39

China And Russia Hint At Dropping US Dollar

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.”

Oct 31 20:32

Watch out for bad Choco-coins

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.

Oct 29 08:59

Bailouts Continue; China Does It Differently

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.

Oct 27 00:57

Meet the World's New Reserve Currency: The Chinese Yuan

By Mike Whitney

Oct 09 13:06

Bank of China buys into Rothschild bank

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.

Oct 07 12:54

Judge orders Chinese Muslims freed from Gitmo

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.

Oct 07 10:53

China cancels, postpones military exchanges with US: Pentagon

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.

Oct 07 06:32

China cuts military ties with the US

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.

Oct 04 07:21

The new masters of the universe?

"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.

Sep 26 02:04

China banks told to halt lending to US banks

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.

Sep 19 22:12

China Blames Wall Street Meltdown On Fed Overissuance Of Currency

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.

Sep 19 13:50

China - Hair Bands Made From Used Condoms

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?

Sep 19 00:36

America and China Joined at the Hip


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.