Jan 19 08:42

China’s Chief "Stock" Regulator Quits

Jan 18 19:38

Interview: Arab-China ties "ideal", Xi's visit to Arab League "very important event": AL chief

"China has recently issued its first official paper on its policy with Arab states, reiterating "traditional friendship" with Arabs and vowing to enrich and deepen all-round, multi-layer, wide-ranging cooperation with the Arab world.
"I have read the paper with great admiration. I have to tell you that we circulated it among all the Arab countries. They all have read it and have seen the commitment of the Chinese side to increasing the level of cooperation and assistance to the Arab world," Araby told Xinhua.

Chinese president's Iran visit extraordinary event for bilateral ties: Chinese envoy
The belt and road initiative.....Iran was an ancient civilization along the ancient Silk Road, and is now China's key partner to promote the initiative, Pang said, adding that a number of key joint projects have been progressing steadily.

Jan 18 19:22

China economic growth slowest in 25 years

China's economy grew by 6.9% in 2015, compared with 7.3% a year earlier, marking its slowest growth in a quarter of a century.

Annual growth in the world's second-largest economy was in line with global expectations.

Jan 18 19:15

U.S. Justice Department declares a "national security emergency": corporate espionage perpetrated by the Chinese government against U.S. companies, massive in scope, has resulted in losses of "hundreds of billions of dollars ... and more than two million

If spying is the world's second oldest profession, the government of China has given it a new, modern-day twist, enlisting an army of spies not to steal military secrets but the trade secrets and intellectual property of American companies. It's being called "the great brain robbery of America."

Jan 18 15:09

US drive to war with China dominates Philippine presidential election campaigns

On January 10, the election season for the presidential election to be held on May 9 officially opened in the Philippines. At the center of all of the campaigns—characterized by corruption scandals and threats of electoral disqualification—is the threat of war with China.

Jan 18 12:53

China’s top market regulator may be resigning

The head of China’s top market regulatory agency, the China Securities Regulatory Commission (CSRC), has offered to step down, Reuters reports, citing market and political sources. Xiao Gang, 57, tendered his resignation last week, but it’s not clear whether it has been accepted, according to Reuters.

Jan 18 08:42

"China Banks Seem To Be Doing Whatever They Can To Avoid Paying Anyone In Dollars"

Chinese investors that have secured all necessary approvals to invest in American companies are not being allowed to actually make that investment. I mentioned this to a China attorney friend who says he has been hearing the same thing. Never heard this one until this month.

Jan 18 08:38

Paul Vernon, Cryptsy’s CEO, Seems To Have Flown To China

Bitcoin News Channel has just managed to dig up exclusive news regarding Cryptsy, the cryptocurrency exchange whose customers are currently unable to withdraw their coins out of its platform. Paul Vernon, the CEO of Cryptsy, seems to have just flown to Liaoning, China, according to an IP and geolocation report that has just been sent to Bitcoin News Channel BNC an hour ago.

Jan 17 18:21

Hang Seng drops 200 at open

Jan 17 11:49

This land is our land: American democracy, at a theater near you

Democracy has been projected on to a fictitious screen of good guy and bad guys. The people watch as impotent spectators, no longer even aware of the real story out there.

Ever since armed white ranchers took over federal property in Oregon the unfolding drama has resembled a parody of a Hollywood Western. Trouble is, no-one is quite sure who’s wearing the white hats as opposed to the black ones.

Jan 17 08:10

Banks give back China investment quotas as clients bypass the middlemen

While China's move to open up its capital markets and allow its currency to trade more freely has created opportunities for global banks, these developments are also threatening to kill off niches where they have acted as middlemen to give previously excluded foreign investors backdoor access to the mainland.

Several banks, including Barclays, Commerzbank , Norway's SEB and the Netherlands' ING , handed back just over $800 million in quota granted by Chinese authorities under the Qualified Foreign Institutional Investor (QFII) scheme between April and September 2015, public data shows.
The move does not reflect a waning appetite for investment in China, however, despite its slowing economy; overall quotas for QFII have quadrupled to about $81 billion since 2010.

Jan 15 10:16

China will not fight in Syria

The Washington Times recently reported that China could join Russia in its fight against ISIS in Syria. According to the news outlet, Beijing is very concerned about the growing number of militants of Chinese-origin that have joined the Islamic State. “The real question is – whose side will they be on,” one defense official familiar with the internal discussion of the Chinese role in the fight against ISIS told the newspaper. However, Russian military experts believe China's participation is unlikely. They note that China has enormous interests in Syria, in which Beijing has invested tens of billions of dollars. Additionally, China is very interested in maintaining good relations with Iran, Russia's partner in the coalition against ISIS. However, the Chinese also have close economic ties with a number of other regional players such as Saudi Arabia and Qatar. All of this likely will make China proceed with caution.

Jan 15 09:28

More Islamic State Terrorism in Jakarta, Indonesia? Who is Pulling the Strings?

And why? Where does Indonesia fit into the “Islamic State in Iraq and Syria?” According to the West’s official narrative, Indonesia doesn’t fit in at all except in the most abstract, ideological way imaginable.

But if you understand that:

1. The US and its allies created ISIS on purpose to fight its proxy wars in the Middle East, North Africa, Central, East, and Southeast Asia for it;

2. The US is NOT fighting ISIS by any means, and is only using the organization’s existence in Syria and beyond to justify extraterritorial military aggression and meddling across the globe;

3. Indonesia has been defying US pressure to join Washington’s proxy conflict with China in the South China Sea and;

4. Indonesia has been fostering closer economic and military ties instead with China itself …

…then ISIS attacking Indonesia’s capital of Jakarta makes perfect sense.

Webmaster's Commentary: 

ISIS is the Frankenstein monster, created by a US foreign policy, which is wielded like a club against any country which would dare to take steps to distance itself from American hegemony.

Jan 15 09:15

Philippines urges patrols with U.S. amid sea dispute with China

The Philippines has asked the United States to hold joint naval patrols, a defense ministry spokesman said on Thursday, amid a territorial dispute with China in the South China Sea.

Foreign and defense ministers from the United States and the Philippines met in Washington this week for the second time in more than three years to discuss trade and security, focusing on the South China Sea.

"We are suggesting that we also patrol the area together," Peter Paul Galvez told reporters in Manila. "There is a need for a more collaborative presence in the South China Sea."

U.S. Navy Secretary Ray Mabus underscored the importance of the U.S.-Philippine relationship, but declined to comment on the Philippine request for joint patrols.

A Pentagon spokesman, Commander Bill Urban, said the United States engaged "in numerous joint defense activities" year round with its ally, including exercises, capacity building, training, and intelligence sharing.

Webmaster's Commentary: 

These joint patrols would be a poke in the eye to China; and there is only so far it can be provoked without the government believing that it has to respond, perhaps militarily.

Unfortunately, just because a tactic is potentially the most ham-fistedly, pig-headedly stupid thing the US government can do, is absolutely no guarantee that it will not do it.

Apparently, with a stock market in flux, and the economy collapsing ( the Dow Jones average is below 400 as I type this), the Administration is looking for a war, any war, with which to deflect the anger of Americans about the horrific economic mismanagement, courtesy of the Fed, which has led to this horrendous moment in the US economy.

When Wall Mart is closing 154 stores in the US (as was announced today), you know that the financial excrement is about to hit the ventilation system, and in an industrial-strength way.

Jan 15 08:58

Can China and Russia Challenge the Dominance of the U.S. Navy?

The reduction in the budget of the USA means that, when faced with a challenge, the U.S. Navy will not be able to solve problems based on the purchase of weapons. With regard to the development of the Chinese Navy, the American military party naturally focused on the simultaneous leap in quantity and quality in recent years. With regard to quantitative indicators, in accordance with the data of the "Report on security strategy for the Maritime areas of the Asia-Pacific region", in 2015 the total number of Chinese warships had increased to 303. According to the American military, the number of Chinese warships does not only exceeded this figure in all other Asian countries, but they surpassed the American naval forces on the same day, when the U.S. Navy unveiled the latest report, "Associated Press" quoted a military source that said currently they have 272 warships, so the U.S are already behind China...

Jan 15 08:35

Chinese spacecraft Chang'e-4 to be the first to fly to far side of the Moon

Chinese scientists have officially started preparations for a new stage in the development of the Moon, representatives of the state management of defense, science, technology and industry of the People's Republic of China said. Reportedly, the Chang'e-4 spacecraft is to land on the far side of the moon in 2018. According to Xinhua, the far side of the Moon that is not visible from Earth due to forces of gravitation has never been explored. The Chang'e-4 mission will be the first mission to the far side of the Moon in the history of mankind. Chinese officials added that China was proud to demonstrate a high degree of scientific knowledge and technologies needed for the project.

Jan 15 08:18

China will support UN SC resolution on North Korea’s nuclear test — foreign ministry

"China will support UN Security Council’s response to North Korea’s latest nuclear tests," Hong said. "The resolution should focus on denuclearizing the Korean Peninsula, countering the expansion of nuclear weapons and ensuring peace and stability in North-East Asia," the spokesperson said.

Jan 15 08:13

A Towering Chinese Debt Mountain Looms Over Markets

Lost in all the Chinese stock and currency market gyrations, policy missteps and mixed data is this economic reality: The government is constrained by a credit bubble that has ballooned to $28 trillion in an economy growing at its slowest pace in 25 years.

Policy zig-zags have left investors divided over how wedded President Xi Jinping and Premier Li Keqiang are to financial sector reform and shifting their $10 trillion-plus economy from one powered by investment and exports to one more focused on consumption and services.

China has appeared to backtrack on pledges to make its management of the yuan more market driven and there’s uncertainty over the government’s willingness to remove stock price supports imposed during a $5 trillion sell-off last summer. Amid the confusion, the benchmark CSI 300 Index, down 14 percent in 2016, has revisited the lows of last year’s rout and pressure on the currency continues.

Jan 13 18:43

Hang Seng Index opens down 400

Jan 13 14:06

Military Minds: China's People Carrying Drone Disturbs US Media

Soon after Chinese drone-maker Ehang Inc unveiled the world’s first passenger drone, there is debate in US media about whether Beijing will use it for carrying soldiers into battle, especially as Washington still lacks the technology to do so...

Jan 13 11:51

Japan Threatens East China Sea Stability, Plans to “Drive away Chinese Naval Ships”

Japan plans to use Self-Defense Force units to drive away “Chinese naval ships” from waters near the disputed Diaoyu Islands, a move that experts say will break the currently controlled status-quo and may lead to escalated tensions or even open confrontation in the East China Sea.

Analysts have also said that Japan may want to play up East China Sea tensions to suppress the domestic opposition before its controversial security bill comes into effect in March.

Responding to Japan’s warning, China’s foreign ministry spokesperson Hong Lei said Tuesday that China’s resolve in upholding territorial sovereignty is unswerving when it comes to the Diaoyu Islands but urged Japan to exercise restraint.

“An escalation of tensions in the East China Sea is the last thing we want to see. We are willing to properly manage and settle the relevant issue through dialogue and consultations,” Hong said.

Webmaster's Commentary: 

I would really like to hope that cooler heads in Japan's Abe government will prevail.

Yes, I understand that there is a defense treaty between the US government and that of Japan; unfortunately, however, the US military cannot guarantee a positive outcome to a conventional war against China, because it does not have the troop strength, the manufacturing, or the money to insure such an outcome.

I hope the Japanese leadership thinks about this very seriously before they embark on such a tactic.

Jan 13 11:24

Pentagon Cheers as Philippines High Court Approves US Deployments

Pentagon officials are touting a great victory today as the Philippines Supreme Court voted 10-4 to approve a deal that will allow the return of US troops and weapons to military bases inside the Philippines. This ruling was related to a 2014 deal on the return of US forces, which had been challenged in court.

The agreement was related to territorial disputes between the Philippines and China in the South China Sea, with the Philippine government hoping to use US military forces to enforce their claim. Already, Philippines military officials are calling for US deployments to the contested islands, citing “flashing flights” from China as a military challenge.

Webmaster's Commentary: 

Yet another poke in the eye to China, I see.

Jan 12 12:57


Jan 12 10:17

The China Syndrome: The Coming Global Financial Meltdown

once China's slowdown starts impacting the American economy, the mainstream financial media trundles out the usual pundit suspects to declare that the U.S. and Chinese economies are decoupled, so a meltdown in China will have little impact on America--and vice versa.

The rationalizations for this decoupling are many--and specious. Exports are actually only 10% of China's economy, we're assured, so any slowdown in China will be modest and of little relevance to the U.S. economy.

Various experts also assure us that China's vast stash of foreign reserves and U.S. Treasuries will enable it to quickly smooth over any spot of bother in its currency (RMB/yuan) resulting from capital flight out of China.

None of these rationalizations change the fact that China is integral to the global financial markets, and so its slowdown and capital flight are toppling carry trade and other risk-off financial dominoes.

Jan 12 08:51

Should China Be Blamed for the Market Collapse? Michael Rivero - January 11, 2016

Jan 11 18:53

China Unveils World’s First Autonomous Passenger Drone

By Activist Post

China has become fully involved in the global drone arms race kicked off by the United States. While much of the race has so far been focused on keeping up with the latest high-tech war drones, as well as counter-drone technology, there is a commercial aspect as well … and China seems poised to take the lead in this area...

Jan 11 10:20

Fear of Wounded Pride Drives Our China Policy

Right-wing mass media, for instance, Fox and its publications, has demonstrably affected public opinion. Progressive sentiment is frozen out, but sometimes it does find its way into centrist or once conservative media. An example is the once conservative, now more centrist, New York Daily News featuring front page after front page attacking gun advocates. In that setting progressive media is probably capable of having its greatest impact.

Jan 11 07:46

China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper

"Growth" meet "mal-investment boom-bust" In a perfect example of the smoke-and-mirror-ness of China's credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, "having been left unused for too long."

Jan 10 13:35


Jan 10 11:14

China Has a Crazy Number of Ghost Cities

Jan 10 10:44

Chinese Naval Power

Jan 10 09:55

U.S. Flies B-52 Bomber Over South Korea In Show Of Force Against North Korea

The United States deployed a B-52 bomber on a low-level flight over its ally South Korea on Sunday, a show of force following North Korea's nuclear test last week.
North Korean leader Kim Jong Un maintained that Wednesday's test was of a hydrogen bomb and said it was a self-defensive step against a U.S. threat of nuclear war.
North Korea's fourth nuclear test angered both China, its main ally, and the United States, although the U.S. government and weapons experts doubt the North's claim that the device was a hydrogen bomb.
The massive B-52, based in Guam and capable of carrying nuclear weapons, could be seen in a low flight over Osan Air Base at around noon (0300 GMT). It was flanked by two fighter planes, a U.S. F-16 and a South Korean F-15, before returning to Guam, the U.S. military said in a statement.

Webmaster's Commentary: 

This flyover was not only a message to North Korea; it was also, primarily, a message to China to yank North Korea's leash over this kind of activity.

Jan 10 09:27

Amid Stock Market Panic, Dozens of Chinese Billionaires Are Mysteriously Disappearing

By John Vibes

Amid stock market panic in China, many of the country’s most prominent billionaires are disappearing without a trace. This week, Zhou Chengjian, the chairman of the clothing company Metersbonwe became the most recent wealthy Chinese businessperson to go missing. Metersbonwe said in a statement on Thursday that it would be suspending its shares on the Shenzhen Stock Exchange and that they were unaware of Chengjian’s whereabouts.

According to Bloomberg, as many as 36 companies reported executives missing from January to September...

Jan 10 09:08

China Building Its First Aircraft Carrier Using Soviet Plans

China will construct the vessel according to the Soviet blueprint the Chinese navy obtained when it bought its Liaoning aircraft carrier from Ukraine's Black Sea Shipyard in 1998. Construction began on the Kuznetsov-class carrier for the Soviet fleet in 1985; it was first called the Riga, then the Varyag, and was launched to sea in 1988. In 1992, the cash-strapped Ukrainian government decided to sell the ship when it was two-thirds built; the unfinished vessel was eventually bought by China in 1998 for more than $20 million, or $25 million according to some reports. For comparison’s sake, the USS Harry S. Truman, which was commissioned in 1998, cost $4.5 billion, or 225x that amount. As part of the deal, the Chinese navy also received 40 tons of Soviet blueprints for the carrier's construction.

Jan 09 17:29

China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper

"Growth" meet "mal-investment boom-bust" In a perfect example of the smoke-and-mirror-ness of China's credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, "having been left unused for too long."

Jan 09 10:10

46 Months Of Accelerating Deflation Mean Beijing Is Now Trapped

It may be Saturday, but there is no rest for the onslaught of negative data from China, which overnight reported the latest, December, consumer and producer price inflation numbers, with the former printing at 1.6% Y/Y, matching consensus estimates, and a tiny increase from the 1.5% in November: the modest pick up was due to one-time items, primarily vegetable prices. For all of 2015, CPI rose 1.4%, down from 2.0% in 2014, and the slowest annual increase since 2009 and well below Beijing's goal of keeping last year's inflation below 3%.

Jan 08 17:02

RAF jets may head for Japan as UK seeks Asia influence

It seems there is conflicted governance in the bankrupt little island called England. The Empire wants the UK in the China Sea aggravating China while at the same time the Banksters of London want to get their blood funnel into the money pool of the Asian Infrastructure Investment Bank (AIIB).
So while "Defense" is threatening China the Banksters will be here.

Chinese top leaders to attend AIIB opening activities

Jan 08 13:57

Another 19 tonnes for China in December

Jan 08 09:30

U.S. Prods China on North Korea, Saying Soft Approach Has Failed

In a striking public rebuke of China, Secretary of State John Kerry warned Beijing on Thursday that its effort to rein in North Korea had been a failure and that something had to change in its handling of the isolated country it has supported for the past six decades.

“China had a particular approach that it wanted to make, and we agreed and respected to give them space to be able to implement that,” Mr. Kerry said a day after North Korea’s latest nuclear test, after a phone call with his Chinese counterpart, Wang Yi. “Today in my conversation with the Chinese I made it clear: That has not worked, and we cannot continue business as usual.”

Webmaster's Commentary: 

Translation: The White House is desperate for a bloody war on which to blame the coming economic crash and doesn't care who that war is with any more!

Jan 08 04:22

The logic behind escalating tensions in the Middle East

The escalating tension between Saudi Arabia and Iran is the story of a declining state desperately seeking to reverse the balance of power shifting in favor of its rising rival.

Jan 07 18:20


Jan 07 13:48

Recent Big Moves In CNY (RMB)

Jan 07 12:15

China lands more planes on its man-made island in the disputed South China Sea, sparking fears it will impose an 'air defence zone' over the area

China drew further condemnation today after landing two civilian planes on an artificial island in the disputed South China Sea.

The test flights touched down yesterday on the Fiery Cross Reef in the Spratly Islands chain four days after its first landing on the 3km runway sparked an international outcry.

Jan 07 09:56

Another Chinese Billionaire is Missing

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


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 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.