CHINA | WHAT REALLY HAPPENED

CHINA

Nov 18 13:33

THE US-SPONSORED COUP THAT OUSTED EVO MORALES. BOLIVIA'S PARTNERSHIP WITH CHINA IN LITHIUM PRODUCTION

Will Bolivia’s partnership with China in lithium mining come to an end with Morales’s overthrow? It is very likely. But the larger trend towards change in Latin America and the Caribbean in which Morales’s contribution was pivotal will continue. Opposition to the military backed coup in Bolivia is strong and sustained.

Nov 18 12:56

China Is About To Get Angry: US Senate To Vote Show Of Support For Hong Kong Protesters

As noted moments ago, futures ramped to new record highs rising above 3,100 following a quote from top Trump advisor Larry Kudlow, who has figured out that he gets most bang for the buck in juicing futures when liquidity is virtually nil, around 8pm or so, when he told reporters that Phase One of the China deal is "down to the short strokes", adding that "we are in communication with them every single day right now", and repeating that "a deal is close", even if "it’s not done yet."

Nov 18 12:52

Greece Is The Centrepiece Of China’s BRI In The Eastern Mediterranean

A 2018 Pew Survey found that 89% of Greeks found their culture to be superior to others, by far the highest amount of people in Europe where it reached as low as 26% in Sweden, 23% in Estonia and Belgium, and 20% in Spain. The Greeks are by far the oldest civilization on the European continent, giving them the moniker as the founders of Western civilization, and a slight arrogance at times over other Europeans.

However, it was this very ancient civilizational pride that Chinese President Xi Jinping capitalized on during his extremely productive visit to Greece this week where 16 agreements were made that firmly puts the Mediterranean country into the Belt and Road Initiative (BRI).

Nov 18 12:50

NATO confronted by China's efforts to undermine its security — Pompeo

"So it’s a complex challenge with China, a challenge that has similarities to what — to challenges America has faced before from authoritarian regimes, but different in material respects as well. We’ve never had another nation that had five times as many people as we had and an economy that is the scale of what the Chinese had that is interconnected to our economy as ours is with China today," he added.

"It is absolutely the case that we have — the people of China are working to make their lives better, and what we’re confronting today is a challenge from the Chinese Communist Party, which has also changed even in the last handful of years and engaged in activity that is deeply inconsistent with not only what I think is best for the world or what America thinks is the best for the world, but inconsistent with what they have promised," he noted.

Nov 18 12:30

Kissinger: Coming Conflict Between US And China "Will Be Worse Than World Wars"

Former US secretary of state Henry Kissinger warns that a catastrophic conflict between America and China that will be “worse than world wars” is inevitable unless the two sides sort out their differences.

Nov 18 12:27

China Slams US-UK "Blatant Interference" In HK As University Standoff Ends Violently

Beijing yet again slammed London and Washington for meddling in its domestic affairs after Western politicians and media have backed besieged university student protesters holed up at the Hong Kong Polytechnic University following the past days of violent clashes with police. The standoff has grabbed world headlines for its escalating violence, including students using bows & arrows, molotov cocktails, bricks and javelins against police, and after one officer was pierced through the leg with an arrow.

China’s ambassador to London Liu Xiaoming on Monday said “Some Western countries have publicly supported extreme violent offenders,” at a press conference at the Chinese embassy in London.

Nov 18 11:00

THE US-SPONSORED COUP THAT OUSTED EVO MORALES. BOLIVIA'S PARTNERSHIP WITH CHINA IN LITHIUM PRODUCTION

Will Bolivia’s partnership with China in lithium mining come to an end with Morales’s overthrow? It is very likely. But the larger trend towards change in Latin America and the Caribbean in which Morales’s contribution was pivotal will continue. Opposition to the military backed coup in Bolivia is strong and sustained.

Nov 18 06:48

Here's The Real Reason Why Hong Kong Authorities Are Desperate To Regain Control Of University

The last few days have seen scenes of utter carnage appearing on social media round the world as Hong Kong authorities (with the 'generous support' of the PLA) have fought with students at various universities.

However, the Chinese University of Hong Kong (CUHK) was apparently the main focus of the police, and became a literal battleground.

Nov 18 06:44

Hong Kong police starts dispersing protesters outside university campus

Riots police began dispersing protesters in Hong Kong after several days of standoff near the Polytechnic University.

Nov 17 14:46

No playing around: US Army’s new card decks feature Russian, Chinese & Iranian weapons ‘to learn more about adversaries’

The Russian-made S-400 air defense system – the one that triggers US threats of sanctions for nations if they decide to buy it – can actually help an American soldier to win a battle... in a card game.
The S-400 [or SA-21 Growler in NATO nomenclature] is a joker in a new line of card decks for the US army, an all-mighty card of many faces capable of incinerating an enemy.

The second joker in the Russia-themed deck is the Iskander tactical missile system [SS-26 Stone in NATO nomenclature] with its 9M729 missile that was used by Washington as a pretext for quitting the INF Treaty, despite Russia’s assurances that it did not violate the agreement.

Webmaster's Commentary: 

This...does not bode well for peace in this world.

Nov 17 14:27

China Sails Carrier Strike Group Through Taiwan Straight After US Navy Transited Contested Waters

A Chinese aircraft carrier fleet has sailed through the highly contested waters in the Taiwan Strait on Sunday, just days after a US warship transited the region, reported Reuters.

China's first domestically built aircraft carrier, known as the Type 002, was accompanied by a strike group as it sailed through the waterway from the East China Sea into the strait on Sunday, the Defense Ministry in Taipei said in a statement.

Last Tuesday, the US Navy sent the USS Chancellorsville, a guided-missile cruiser, on a "routine Taiwan Strait transit," the navy said.

As a result of Type 002 and its strike group transiting the strait, Taiwanese military authorities scrambled fighter jets to monitor the continuing situation.

Webmaster's Commentary: 

President Trump, a word, please; the last thing we need right now, is a shooting war with China over ANYTHING.

I do not know what the Pentagon Chain of Command is telling you about US capabilities right now, but we do not have the troop strength; we do not have the weaponry; we do not have the money; and we do not have the manufacturing to support a positive outcome to a conventional war against China.

It is sincerely time to get the trade war sorted out, and figure out how the US can work in cooperation with China on a number of fronts, science and technology being a couple of great places with which to start.

A war with China, at this point in time, would be a really, officially horrible thing to contemplate.

Nov 17 14:15

This Is How The Chinese Are Evading Capital Controls And Secretly Getting Money Out Of The Country

Submitted by Eric Peters, CIO of One River Asset Management

"The only way I know to get money out is to set up a Japanese company,” he whispered.

“That’s why so many Chinese nationals are in Japan. First of all, you can get a visa and permanent residency. Second of all, Japan and China don’t exchange tax information because they’re still bent out of shape about WWII. And thirdly, China’s police can’t come get you. Chinese billionaires don’t get ‘disappeared’ in Japan like they do in HK and NY,” he explained.

“That’s why they’re buying homes in Tokyo and Osaka."

"Despite capital controls, you can settle renminbi transactions in Yen,” he continued.

Nov 17 14:10

HK Police Given Green Light For 'Lethal Force' As Student 'Rioters' Use Fire Bombs, Arrows

update: The battle over student protester-occupied Polytechnic University grew more violent over the weekend and grabbed headlines Sunday after a police officer was wounded by an arrow and a riot control vehicle attempting to disperse what HK authorities have labelled 'rioters' was set aflame by dozens of Molotov cocktails.

Chinese state media has now labeled the student protesters "terrorists" and has urged police to deploy live fire given the students themselves are in possession of deadly weapons. After a night of mayhem into the early hours of Monday (local time), it appears a violent showdown is imminent, as Reuters reports police now consider 'live fire' an option:

Hong Kong police threatened on Monday (Nov 18) to use live bullets if “rioters” used lethal weapons and committed other acts of violence, after the latest flare up during five months of anti-government protests in the Chinese ruled city.

Webmaster's Commentary: 

It was only a matter of time before the Chinese government greenlit "termination with extreme prejudice"; but what happens if this doesn't calm down/end the riots?!?

Nov 17 10:23

Hong Kong protesters hurl PETROL BOMBS at volunteers trying to clear roadblocks and shoot ARROWS at police

Demonstrators in Hong Kong attacked common citizens who attempted to free the roads from barricades amid a new round of clashes with police.

A fierce street battle erupted outside the Hong Kong Polytechnic University (PolyU) on Sunday, as protesters threw bricks at police, which responded with tear gas and water cannons. The officers were trying to remove the barricades erected by the demonstrators earlier this week, and urged them to stop placing metal spikes on the roads in hopes of piercing the police vehicles’ tires.

Nov 15 10:00

Struggling to keep its economy growing, the city of Ruzhou spent big, but is now asking its health care workers for cash to stay afloat.

Struggling to keep its economy growing, the city of Ruzhou spent big, but is now asking its health care workers for cash to stay afloat.

Ruzhou, a city of one million people in central China, urgently needed a new hospital, their bosses said. To pay for it, the administrators were asking health care workers for loans. If employees didn’t have the money, they were pointed to banks where they could borrow it and then turn it over to the hospital.

Ruzhou is a city with a borrowing problem — and an emblem of the trillions of dollars in debt threatening the Chinese economy.

Webmaster's Commentary: 

Seriously?!?

IF true, the Central Chinese government is doing a pretty lousy job of planning and spending.

Nov 15 09:53

Forget GDP: Here Is The Scariest Data From China

Yesterday, shortly before China's data deluge, we reported that a Beijing-based think tank became the first Chinese economic research institute linked to the government to predict that China’s economic growth rate will slow below 6.0% next year. Specifically, The National Institution for Finance and Development (NIFD) on Wednesday said that China’s economic growth rate will slow to 5.8% in 2020 from an estimated 6.1% this year, a number which is already quite ambitious, not to say artificially goalseeked.

“The economic slowdown is already a trend,” said former central bank adviser Li Yang, who heads the institute that is affiliated to the Chinese Academy of Social Sciences (CASS). “We must resort to deepened supply-side structural reform to change it or smooth the slowdown, rather than solely rely on monetary or fiscal stimulus.”

Nov 15 09:48

The Crazy Card Worth Carrying

Nov 14 12:41

President Xi Warns "Stopping The Storm And Restoring Order" In Hong Kong Is China's Top Priority

pdate 2: Pretty soon, all of the students working to transform their campuses into fortresses against the Hong Kong police might be facing an even more formidable foe: The People's Liberation Army.

Foreshadowing the possibility that the Hong Kong protest movement could end with a Tiananmen Square-like mass-casualty incident - at least that's what we gleaned from remarks made by President Xi at the BRIC leaders summit in Brasilia.

According to a post on Weibo (China's answer to Twitter), Xi told his fellow BRIC leaders that stabilizing Hong Kong had become a serious challenge, and warned that "stopping the storm and restoring order" is a "most urgent task".

Here's a translation of the Weibo post, describing Xi's remarks.

Webmaster's Commentary: 

But the bigger question has to be, will a massive crackdown end the demonstrations?!?

I frankly, am not sure they will.

It appears that even though these demonstrators have been met with live fire; teargas, and worse, there appears to be a "toughening up moment" happening right now, when they just don't seem to care about the possibility that the crossfire could actually kill them.

And if this happens, what President Xi's troops of the Liberation Army may be able to accomplish, other than killing a lot of people, will be very limited in scope, in terms of ratcheting the violence down.

I wouldn't want to be in that man's shoes right now for anything; if his efforts fail, he will "lose face", both at home and abroad, and his vision for the Belt/Road project, may well vanish along with his Presidency.

He cannot be seen as having "made a bad move here", either by Hong Kong residents; Chinese citizens;, or the international community.

He knows, without any doubt, that any wrong read or judgement of the demonstrators, will have the 24/7 cable cycle grinding him up, and spitting him out.

Nov 14 07:44

Global Supply Chains Imploding As Quarter Of German Firms Plan To Leave China 

The Bussiness Confidence Survey 2019/20 published by the German Chamber of Commerce in China, in cooperation with KPMG in Germany, finds that almost a quarter of German companies operating in China are preparing to relocate production facilities.

The survey was conducted from late July through mid-September and had 526 member companies out of 2300 respond. Out of the 526 member companies, 23% of the respondents said their factories will be transferred out of China or are contemplating the move.

Among the German companies leaving or actively planning to leave China, about 71% blame increasing labor costs; 33% cited unfavorable policy environment; 25% said the US-China trade war, and 22% said market access barriers.

Nov 13 09:35

Shocking VIDEO shows Hong Kong mob savagely beating woman with metal rods

Xi needs to send the Army in and put an end to this US backed colored revolution.

A disturbing video shows a woman being surrounded and beaten by masked protesters in Hong Kong. The unsettling footage comes as authorities struggle to clamp down on worsening violence in the semi-autonomous city.

The assault was reportedly sparked by a political disagreement between the woman and a group of armed demonstrators. Video of the attack shows the woman trying to walk away, only to be thrown to the ground by one of the black-clad rioters. One of the men then uses what appears to be a metal rod to beat her over the head.

Nov 13 08:41

"Confidence Could Crumble": Global Markets Slide After Trump Threatens More China Tariffs, Hong Kong Tensions Soar

One day after Trump's long-awaited NY Economic Club speech proved to be a dud, with the president having nothing positive or "optimistic" to say about the China trade deal instead slamming the Fed again for not cutting rates to negative, the investing public today will focus on Fed Chair Powell's testimony in Congress in which he lays out his own take on things.

Until then, however, US futures and global stocks are a sea of red after Trump threatened to “substantially” increase tariffs if China failed to agree a trade deal and said there may also be tariffs to come for other countries “that mistreat us”, while European stocks followed Asia into the red following a subdued start, with Hong Kong tensions also denting sentiment.

Webmaster's Commentary: 

One does have to wonder about the timing of these demonstrations, vis a vis the trade negotiations going on right now; as any great magician or comedian will tell you, timing...is everything.

We will never know how much the US, and other Western Countries, may be "applying pressure" through these protests. to get some concessions on Chinese trade; but the older I become, the less I believe in...coincidences.

Nov 13 08:35

"It's Now June 4, 1989" - Hong Kong Paralyzed For 3rd Day As Demonstrators Prepare For War

Violent protests continued in Hong Kong for a third day on Wednesday, crippling transport links and clogging roads, and prompting many major companies in the city, including HSBC and BNP Paribas, to instruct employees to stay home from work to avoid the risk of physical harm.

And in anticipation of more violence tomorrow,the Hong Kong Education Bureau has said that all kindergartens, primary schools, secondary schools and special education needs schools will cancel class on Thursday for safety reasons, according to an official statement. Most universities in Hong Kong have suspended classes until next week or converted them to online-only for the rest of the semester. And after the clashes from earlier this week, more than 80 mainland Chinese students have been evacuated for their own safety.

Webmaster's Commentary: 

Although I abhor communism as a system, I have to feel just the tiniest bit of sympathy for China's President Xi.

Looking at these demonstrations, he has got to be asking himself right now, "if I get more horrifically oppressive with these people, will it actually stop these demonstrations?!?"

And that... is a tough one. My gut is telling me, is that it will not stop these demonstrations, but give the protestors more energy, compassion, and zeal for their cause.

He will be hounded and vilified by the West for dispatching these people "with extreme prejudice", and may well "lose face" with his colleagues both inside the Chinese government, and in other world capitals.

I absolutely would not want to be in his shoes right now.

Nov 12 07:14

Lavrov Exclusive: Russia and China Now Very Close to De Facto Military Alliance!

Nov 12 06:31

Greece, China Sign 16 Belt And Road Deals To Open New Superhighway

Chinese President Xi Jinping is on an official visit in Athens Monday has signed 16 agreements in sectors including agriculture, energy, ports, and tourism aimed at increasing Belt and Road Initiative (BRI) projects in the European Union, reported Bloomberg.

President Xi met with political leaders in Athens Monday, after the Prime Minister of Greece Kyriakos Mitsotakis visited China last week.

Beijing is planning on significantly boosting Chinese investment in Greece, which could lay the groundwork for a new superhighway of trade between Europe and China.

Webmaster's Commentary: 

While abhorring Communism per se, because it takes living saints to make it work, and I have not seen too many of them this lifetime, I must admit that China's willingness to make deals, rather than wage wars, to get what it wants geopolitcally, is not at all a bad thing, in my book.

Nov 12 06:28

Mass Chemical Attack On School In China Leaves 54 Injured, Mostly Children

What's being reported as a mass chemical attack on children happened Monday afternoon at a school in southwest China. The horrific incident injured fifty-one children and three teachers at a kindergarten in Kaiyuan city, Yunnan province, state media reported Tuesday.

A 23-year old man, now in custody, reportedly scaled a wall to get into the school and then sprayed a corrosive chemical on the students and teachers. Xinhua news described that he used a "caustic soda" — a reference to sodium hydroxide, which is an industrial chemical commonly used in the manufacture of household products.

Webmaster's Commentary: 

What kind of monster does this to kids?!?

Nov 11 11:21

US War on China by Other Means

All independent nations unwilling to subordinate their sovereign rights to US interests are on its target list for regime change — notably Russia, Iran and China.

The Trump regime initiated Sino/US trade war has nothing to do with trade, everything to do with hardliners in Washington wanting China’s economic, financial, industrial, technological, and military development undermined.

Endless US-orchestrated violence in Hong Kong is one of many examples of how its dark forces aim to disrupt, destabilize, weaken, pressure, and bludgeon other countries to bend to its will.

Nov 11 11:05

Hong Kong father of two ‘burned alive’ after chasing protesters at MTR station in grisly act of violence police classify as attempted murder

Your American tax dollars at work. It isn't a big secret that these protesters are financed and organized by the US.

Leung Chi-cheung, a 57-year-old father of two daughters, now fighting for his life in hospital with severe burns to nearly 30 per cent of his body
Victim confronted group of protesters after they vandalised Ma On Shan station – but he was doused with flammable fluid and set alight

Nov 11 06:37

How China Plans to Take Over the US

Nov 11 06:16

Caught On Video: Hong Kong Protester Shot By Police During Morning Clashes; Hang Seng Tumbles

Hong Kong police opened fire and hit at least one protester on Monday according to multiple news sources, as chaos erupted across the city a day after officers fired tear gas to break up demonstrations that are entering their sixth month.

Police fired live rounds at protesters on the eastern side of Hong Kong island, and local Cable TV said one protester was wounded when police opened fire. Video footage showed a protester lying in a pool of blood with his eyes wide open. Police also pepper-sprayed and subdued a woman nearby as plastic crates were thrown at officers, the video shared on social media showed.

The shot protester is said in critical condition, according to Cable TB.

Webmaster's Commentary: 

President Xi, a word, please; I know, in your heart of hearts, that you would love go be able to blame "US instigators" for this 6th ongoing month of unrest.

But there is a point past which repression cannot be tolerated by the human spirit, and can not be subdued by further repression; it is imminently possible that the people of Hong Kong (and certain areas of China) have reached this point, particularly when the Chinese government appears to be completely tone deaf to their needs and concerns.

Everything, President Xi, has a life cycle; people; planets; and even governments; but this kind of repression, particularly at the point of exterminating protestors on live TV, cannot be allowed to stand, because it is doing nothing to address protestors' anger and rage, which is now causing them to act out, collectively, with little fear of future reprisals against them.

To be brutally honest, President Xi, you have one of two ways through which you can resolve this; the first is, take these demonstrations as a personal betrayal against you and your policies, and order your military to carpet bomb the place.

And yes, to answer the unasked question, it is a draconian approach to the problem: but the larger question for you and your colleagues in government here is, will it quell the rioting, or invite more of the same?!?

The second approach, which is going to be much harder, but may be absolutely the correct way to proceed, is to truly listen to these people, to discover why they are so furious as to risk bullets flying at them, to protest against a government which they feel, no longer represents them.

I would sincerely hope and pray, that you, and the rest of the Chinese government, take that second approach.

Nov 11 05:49

Alibaba Breaks 'Singles Day' Sales Record With $31 Billion Haul

Market strategists have repeatedly warned about the potential fallout from the collapse of retail sales in China, a trend that has already led to a recession in global auto sales, while Chinese factory output has also declined. But the economic doldrums facing the world's most populous country didn't stop Chinese consumers from posting a massive tab on Alibaba's Singles Day. In fact, according to CNBC, it was the largest haul in the 11-year history of Singles Day.

Across all of Alibaba's sales platforms (a group that includes both Alibaba's main website, the consumer-focused Tmall, and others), gross merchandise value (GMV) surpassed last year’s 213.5 billion yuan record (nearly $30.5 billion) on Monday afternoon local time, and kept rising through the rest of the day. At the close of the 24-hour Singles Day shopping event, sales surpassed last year's 213.5 billion yuan to log more than 215 billion yuan (or $30.7 billion) of purchases, BBG reports.

Webmaster's Commentary: 

They knew their marketplace; they developed a strategy; and with that strategy and understanding of their target demographic, made financial history; well done!!

Nov 10 09:59

China Working on 6G Despite Opposition and Lawsuits Against 5G Increasing Worldwide

By B.N. Frank

According to many respected sources, 5G is already too risky. Regardless, China and other countries -- including the U.S. -- are working on 6G...

Nov 09 10:14

Russia’s Short March to Food Security

America used to be self-sufficient in food. It isn't any more. In event of a war with Russia and China,Americans will starve.

When I wrote my China’s long march to total food security NEO article last month, I had intended to dovetail it with Russia’s accomplishment of being more self-dependent on feeding its people. What they both shared was having to deal with US sanctions before they reached their goal.

Russia was hit with everything but the kitchen sink, with diplomatic sanctions initially and quickly moving into defense, energy and the financial arena, limiting access to foreign investment and attractive interest rate loans. Exxon Oil had to withdraw from some major Russian partnership deals, suffering big losses.

Nov 09 07:34

Hong Kong Student Dies From Injuries In First Fatality Linked To Protests

In what appears to be the first death of a protester stemming from the aggressive police tactics, a young student has died after sustaining a serious head injury during a fall from the third floor of a car park to the second while police carried out an aggressive dispersion operation to end a protest

According to the SCMP, Chow Tsz-lok, a second year computer science undergraduate student at Hong Kong University of Science and Technology fell from the car park in Tseung Kwan O as police fired off rounds of tear gas on Monday.

Webmaster's Commentary: 

China's President Xi, a word, please; be very careful about how you handle this; the Chinese police may well have created the first martyr of this movement.

Nov 09 07:25

Pentagon Official Warns China Exporting Killer AI Drones To Middle East

US Defense Secretary Mark Esper warned during a speech on artificial intelligence at the National Security Commission on Artificial Intelligence public conference Tuesday (Nov. 05) that China is exporting a series of "next-generation drones" to countries in the Middle East, reported Flight Global.

"Beijing has made it abundantly clear that it intends to be the world leader in AI by 2030," Esper said. "While the US faces a mighty task in transitioning the world's most advanced military to new AI-enabled systems, China believes it can leapfrog our current technology and go straight to the next generation."

Middle East countries banned from purchasing advanced US drones due to a weapons embargo are increasingly gravitating towards Chinese defense manufacturers.

Webmaster's Commentary: 

Sec Def Ester, a question, please; IS NOT THE US GOVERNMENT DOING THE SAME THING RIGHT NOW?!?

And sir, if China's technology will enable it to "leapfrog" our current technology, can you please explain why this is possible, and that US weapons designers are not capable of doing better than this?!?

Nov 09 06:54

Substandard Education in America

The quality of American education, as we will see, is far lower than the world has been led to believe, and the quality in China is in many cases much superior to that in the US. Americans might care to ask why it is that Chinese elementary or high school students moving to the US are often promoted by one or two grades. The reason is that they know so much more than their American counterparts they would suffer terminal boredom if forced to remain at their prior grade level. If we refer to the PISA tests, Shanghai’s math scores were 119 above the OECD average, or the equivalent of nearly three years of schooling, with reading and science exceeding the OECD average by about 1.5 years of schooling. And in some cases, the American students were behind the OECD average by approximately the same number of years as the Chinese were ahead.

Webmaster's Commentary: 

Folks, this cannot be seen in any possible light but that of a deliberate push by the US government to keep its people illiterate; innumerate; and incapable of critical thinking.

Nov 07 11:29

US Futures Jump To Record High After China Says US Agreed To Roll Back Tariffs

One day after there was relatively little "trade deal optimism", overnight futures surged to new all time highs when just after 2am ET, China's commerce ministry said - in what may well have been a trial balloon to test the White House's public response - that it had agreed with the US to roll back tariffs on each other’s goods in phases as the two nations work toward a trade deal, adding fuel to a "trade deal optimism" rally that is now spanning to its fifth straight day.

Webmaster's Commentary: 

And here is a companion piece, also from zerohedge.com:

China says US has agreed to phase out tariffs

Nov 06 16:30

Look who China's turning to now for meat!

Nov 06 13:06

Stocks, Soybeans, & Yuan Suddenly Plunge On US-China Trade Deal Delay Headlines

US equity futures suddenly tumbled after Reuters reports that the signing of the US-China trade deal could be delayed until December as terms and the venue remain unclear.

Additionally, a senior official of the Trump administration told Reuters on Wednesday that it was still possible the "Phase One" agreement aimed at ending a damaging trade war would not be reached, but a deal was more likely than not.

Dozens of venues have been suggested for the meeting, which had originally been scheduled to take place on the sidelines of a now-canceled mid-November summit of Asia-Pacific leaders in Chile, the official said. They included sites in Europe and Asia, but the former was more likely, with Sweden and Switzerland among the possibilities.

Iowa, which Trump has suggested, appeared to have been ruled out, the official said. China's latest push for more tariff rollbacks would be discussed, but was not expected to derail progress toward an interim deal.

Webmaster's Commentary: 

In the meanwhile, farmers who were counting on Trump's ability to make a difference here in his negotiations with China, are really feeling a world of hurt, right now; many have gone bankrupt,and can no longer take care of their families right now, and feel a deep sense of betrayal by Foggy Bottom.

Couple this with US land which has been unproductive, due to floods and fires, which used to produce food, and what we will most likely have next Spring, will be an under-ability to feed our citizens in this country.

What I would suggest that you do, is to look at buying an excellently-rated energy-efficient chest freezer, possibly right at the end of this year, right after Christmas. When things come on sale (or even if they don't and you can pare large packages of food down to smaller packages), you will thank yourself for having done this, when you see what food prices are look like, come 2020.

Nov 06 12:45

Watch: Chinese Social Credit Score Publicly Shames 'Bad Citizen' For Jaywalking

Authored by Paul Joseph Watson via Summit News,

A video out of China shows a citizen being publicly shamed and having his photo and ID card flashed up on a big screen for crossing the road on a red light.

The Communist country’s vast network of facial recognition surveillance cameras are being linked to citizen ID cards, producing the kind of dystopia that would make even George Orwell roll in his grave.

Under its social credit score system, China punishes people who criticize the government, as well as numerous other behaviors, including;

– Bad driving.
– Smoking on trains.
– Buying too many video games.
– Buying too much junk food.
– Buying too much alcohol.
– Calling a friend who has a low credit score .
– Having a friend online who has a low credit score.
– Posting “fake news” online.
– Visiting unauthorized websites.
– Walking your dog without a leash.
– Letting your dog bark too much.

Webmaster's Commentary: 

Don't think for a MOMENT, that those in the bowels of power in DC, are not SALLIVATING to have a system just like this in the US.

Nov 06 06:17

China Is an Underrated Threat to the World

Nov 05 11:21

#ArtOfTheDeal PHASE ONE

Nov 05 09:11

China Breaks the Western Debt Stranglehold on the World

The west has colonized, exploited, ravaged and assassinated the people of the Global South for hundreds of years.
Up to the mid-20th Century Europe has occupied Africa, and large parts of Asia.

Latin America is waking up – and so is Africa.

In Latin America, street protests against the US / IMF imposed debt trap and the consequential austerity programs, making the rich richer and the poor poorer, are raging in Honduras, Nicaragua, Ecuador, Chile, Argentina and even in Brazil. In Argentina,In Latin America, though much of the sub-Continent was “freed” from Spain and Portugal in the 19th Century – a new kind of colonization followed by the new Empire of the United States – under the so-called Monroe Doctrine, named after President James Monroe (1817 -1825), forbidding Europeans to interfere in any “American territory”. Latin America was then and is again today considered Washington’s Backyard.

Nov 04 17:51

Attacker bites politician’s ear in Hong Kong

This is a story you can really sink your teeth into. Get right to the meat of it and have a good chew.

A knife-wielding man slashed several people and bit off part of the ear of a pro-democracy politician in Hong Kong on Sunday,

Nov 04 10:04

Nowhere to hide: Has China won the stealth war?

It seems unlikely Beijing has such a capability, but it cannot be fully ruled out — can China track the F-22 Raptor stealth fighter, America’s airborne tip of the spear?

According to the Global Times, China’s “meter wave radar can be deployed on vehicles, on land and warships, creating a dense web that gives hostile stealth aircraft nowhere to hide.”

In addition, it also functions as a fire control radar that can guide missiles toward stealthy jets like the F-35 Joint Strike Fighter.

Nov 04 06:11

China To Establish $10 Trillion Economic Zone In Space

Having already created 12 free trade zones (with 6 more coming soon) in and around major Chinese metro areas...

... Beijing's next project to boost commerce is more ambitious than anything seen on earth before. Literally.

According to the Global Times, China plans to establish an Earth-moon space economic zone by 2050, which is expected to generate $10 trillion worth of services per year. The zone will cover areas of space near Earth, the moon and in between.

In a report on developing earth and moon space, Bao shared his thoughts on the economic potential in this field and pledged that the country would study its reliability, cost and flight-style transportation system between the Earth and moon, The Science and Technology Daily reported Friday.

Webmaster's Commentary: 

This may well be an amazing leap for all of humankind, if they are able to pull this off!!!

Nov 03 05:23

Protesters vandalize Xinhua office, public property during night of violence

Hong Kong protesters have set fire to metro stations and vandalized buildings, including an office of China’s official news agency Xinhua, during a night of violent protests after Beijing vowed to tighten control over the restive city.

Police fired tear gas and water cannon Saturday as thousands of protesters defied authorities in another unsanctioned march.

Commercial districts on the main island turned into a battlefield as squads of black-clad protesters — many wearing face masks despite a recent ban on them — clashed for hours with riot police.

Webmaster's Commentary: 

The timing on this could possibly be worse for China's President Xi; but I don't know how much. There was a secret meeting of China's government last week China's Top Political Body met in secret, and issued an ominous message to Hong Kong. The article goes on to state:

:Hong Kong has now been a thorn in the Chinese government’s side for more than four months.

Mass protests which began over a controversial China extradition law have grown into more violent demonstrations over fears around Beijing’s tightening grip on the important financial hub.

Until now, the Chinese government has been relatively restrained on the protests, stating their support for the Hong Kong government and their faith in local authorities to resolve the crisis.

But there have been hints of tougher action by Beijing if the demonstrations grew out of control or if they crossed any of the Communist Party’s “bottom lines.”

“Don’t ever misjudge the situation and mistake our restraint for weakness,” Yang Guang, spokesman for mainland China’s Hong Kong and Macao Affairs Office, said in August.

It is almost certain that the situation in Hong Kong was widely discussed behind closed doors in Beijing during the fourth plenum this week but very little of that appears in the final communique.

“Hong Kong and Macao must be governed in strict accordance with the Constitution and the Basic Law, and the long-term prosperity and stability of Hong Kong and Macao should be safeguarded,” the statement said.

It then stated the need to “improve” the legal system and enforcement mechanism in Hong Kong and Macao.

That is likely to be a euphemism for enacting Hong Kong’s hugely controversial Article 23 national security law, according to Willy Lam, an adjunct professor at the Chinese University of Hong Kong and longtime analyst of Chinese politics."

Nov 03 04:06

The Middle East's New Post-Regime-Change Future

Authored by Matthew Ehret via The Strategic Culture Foundation,

With the transformation of the rules of the “Great Game” in the Middle East emerging out of President Trump’s recent Syrian surprise pullout and Putin’s brilliant manoeuvres since 2015, a sweeping set of development/reconstruction programs led by China now have a chance to become hegemonic across the formerly hopeless, terrorist-infested region.

The fact that the Arab states of the Middle East were targeted for destruction by western geopoliticians over the last 40 years is not un-connected to the region’s historic role as “cross-roads of civilizations” which were once the bridge between East and West along the ancient Silk Road (c. 250 BC). Today’s New Silk Road has brought 150 countries into a multipolar model of cooperation and civilization-building which necessitates a stabilized Middle East in order to function.

Webmaster's Commentary: 

(Sigh) the Unhinged, Surveilled State of Amerika makes war to attempt to achieve what it wants, geopolitically; China makes deals, to achieve what it wants, geopolitically; so what's wrong with this picture?!?

Bloody everything

Nov 01 12:40

Pig Plague Starts Rippling Through American Meat Markets

U.S. meat markets had so far been shielded from the effects of a deadly pig disease wiping out Asian herds. That’s starting to change.

As pork supplies plummet in China, the world’s top consumer is desperate for meat and is ramping up imports. As a result, it’s becoming harder to set longer-term protein contracts amid concerns over market volatility and changing trade flows, according to Jayson Penn, chief executive officer of Pilgrim’s Pride Corp., the No. 2 U.S. chicken producer.

“The contracting season is moving somewhat slower this year” for chicken, Penn said on a conference call with analysts following the release of third-quarter earnings. While major fast food restaurant chains are looking for beef contracts, “there are not many sellers willing to forward price,” he said.

Webmaster's Commentary: 

I would like to politely suggest, that if our readers/listeners do not currently have a freezer, you might want to think about getting one right now, possibly splitting the cost with a friend or family member.

Because of illnesses, and non-planting in those states ravaged by rain and/or fires, food prices next year, will be very intense; the time to plan for this contingency, is right the heck now. I would almost be willing to bet this will be a really saving grace for people as spring comes up in 2020.

Oct 31 19:57

Chinese Bank On Verge Of Collapse After Sudden Bank Run

First it was Baoshang Bank , then it was Bank of Jinzhou, then, two months ago, China's Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a fourth prominent Chinese bank was on the verge of collapse under the weight of its bad loans, only this time the failure was far less quiet, as depositors of the rural lender swarmed the bank's retail outlets, demanding their money in an angry demonstration of what Beijing is terrified of the most: a bank run.

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