CHINA | WHAT REALLY HAPPENED

CHINA

Feb 05 09:44

Coming to Milwaukee: A Chinese mega-mall?

A Beijing-based company will soon open a Chinese-style mega shopping mall in the most unlikely of places: Milwaukee, Wisconsin.

"The cost of doing business there is very low," said Wu Li, president of Toward Group. "The people are friendly, the environment is peaceful and the pace of living is slow. It is a good place for Chinese enterprises to go abroad."

Feb 05 08:29

The Sword and the Shield: Surround Russia and China with Mobile "Missile Defense" Systems

The latest news is that Romania will be hosting the U.S. Army's ground-based "missile defense" systems. Russia is not pleased with these developments.

These same Army Patriot Advanced Capability-3 (PAC-3) systems are going to be deployed in Taiwan as the U.S. continues its military encirclement of China. U.S. PAC-3 systems have already been deployed in Japan and South Korea.

Feb 04 12:07

China cancels 80% of Iraq debt

Webmaster's Commentary: 

Be nice if someone would cancel OUR debts...

Feb 04 09:58

China Renews Opposition to Iran Sanctions

Reflecting a growing catalog of disputes between Washington and Beijing, a senior Chinese official said Thursday that pressure for tighter sanctions against Iran over its nuclear program could block chances of a diplomatic settlement to the dispute.

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Feb 01 15:29

Another U.S. War? Obama Threatens China and Iran

The possibility of yet another U.S. war became more real last week, when the Obama administration sharply confronted both China and Iran. The first aggressive act was performed by Obama’s Secretary of State, Hillary Clinton, who “warned” China that it must support serious economic sanctions against Iran (an act of war).

Clinton said: “China will be under a lot of pressure to recognize the destabilizing effect that a nuclear-armed Iran would have, from which they receive a significant percentage of their oil supply.”

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Jan 31 09:48

Scenarios: How could China hit back at U.S.?

China has the world's biggest pile of foreign currency reserves, much of it held in U.S. treasury debt. China held $798.9 billion in U.S. Treasuries at end-October, displacing Japan in September 2008 as the largest foreign holder.

But China has shown no sign of trying to use that stake to punish the United States. Doing so, or even hinting that it could, would alarm global financial markets and push down the value of the dollar, thus dragging down the value of China's dollar-denominated assets.

Webmaster's Commentary: 

However, China could potentially de-link its currency peg to the US dollar, which could cause an enormous world of hurt economically here.

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Jan 30 09:44

China threatens U.S. sanctions over Taiwan arms

China threatened to impose sanctions on U.S. arms firms and cut cooperation with Washington unless it cancels a $6.4 billion arms sale to Taiwan, in an unprecedented move signaling Beijing's growing global power.

Jan 30 09:43

China suspends military contacts with U.S. over Taiwan arms

China suspended on Saturday military contacts with the U.S. over its plans to sell $6.4 billion worth arms to Taiwan, the official Xinhua agency reported.

Webmaster's Commentary: 

Hillary tried to talk tough to China yesterday. China's canceling of contracts with US companies is the reply.

In a larger scope, since war with Iran will likely mean war with Russia and China, Hillary may have decided to start pissing China off now.

But if the US Government thinks that war with Taiwan can keep China from intervening in Iran, they are sadly mistaken.

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Jan 30 05:29

China protests US arms sales, warns of 'serious' impact

China on Friday protested the US decision to sell 6.4 billion dollars in weapons to Taiwan and warned of "serious" damage to relations and cooperation with Washington.

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Jan 29 08:35

Chinese Banks cut lending for January: First sign of mega depression?

Webmaster's Commentary: 

Did China just pull the plug on US debt?

Jan 27 08:28

China issues warning over US arms sales to Taiwan

Contacts with China's military would likely be the first to suffer if Beijing moves to retaliate over upcoming U.S. arms sales to Taiwan — the latest in a flurry of disputes elevating tensions between Washington and Beijing.

Webmaster's Commentary: 

Unfortunately, our weapons systems are about the only items left other countries want to buy from the US.

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Jan 22 10:08

China teen seen as hero for killing local official

When Li Shiming was stabbed through the heart by a hired assassin, few of his fellow villagers mourned the local Communist Party official many say made their lives hell by seizing land, extorting money and bullying people for years.

Instead, villagers in the northern town of Xiashuixi have made Li's teenage killer something of a local hero. More than 20,000 people from the coal-mining area petitioned a court for a lenient sentence.

"I didn't feel surprised at all when I heard Li Shiming was killed, because people wanted to kill him a long time ago," said villager Xin Xiaomei, who says her husband was harassed for years by Li after the two men had a personal dispute. "I wanted to kill Li myself, but I was too weak."

Webmaster's Commentary: 

Coming to an arrogant self-important bureaucrat near you?

Jan 20 09:56

U.S.-China Military Tensions Grow

Even though the U.S. military budget is almost ten times that of China's (with a population more than four times as large) and Washington plans a record $708 billion defense budget for next year compared to Russia spending less than $40 billion last year for the same, China and Russia are portrayed as threats to the U.S. and its allies. China has no troops outside its borders; Russia has a small handful in its former territories in Abkhazia, Armenia, South Ossetia and Transdniester. The U.S. has hundreds of thousands of troops stationed in six continents.

Jan 19 15:31

Google China hacks 'a possible inside job'

Cyber attacks against human rights activists could have been facilitated by people working in Google's China office, say reports

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Jan 14 15:46

China sending lower level rep to six-power meet on Iran

China will send a lower-level representative to a meeting of six world powers on Iran's nuclear program, a State Department spokesman said Thursday.

"We are aware that the representation will be below the level of political director," State Department spokesman Philip Crowley said. "It will be a useful meeting to have regardless of the Chinese representation."

Webmaster's Commentary: 

China is sending a messenger with a back channel or "sub rosa" message to the Iran Six, most likely a reminder that China will not tolerate any more interference with the middle east.

Jan 13 16:23

Google to end censorship in China over cyber attacks

Google, the world's leading search engine, has thrown down the gauntlet to China by saying it is no longer willing to censor search results on its Chinese service.

The internet giant said the decision followed a cyber attack it believes was aimed at gathering information on Chinese human rights activists.

The move follows a clampdown on the internet in China over the last year, which has seen sites and social networking services hosted overseas blocked – including Twitter, Facebook and YouTube – and the closure of many sites at home. Chinese authorities ­criticised Google for supplying "vulgar" content in results.

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Jan 12 20:55

Google may exit China after 'highly targeted' attack

Google plans to curb its controversial practice of censoring search results in China after uncovering a "highly sophisticated and targeted attack" designed to steal information about human rights activists from its Gmail service and at least 20 other large companies.

The attack that hit Google in mid-December originated in China and was aimed at accessing the Gmail accounts of human rights activists. Although only two email accounts appear to have been breached, "accounts of dozens of US-, China- and Europe-based Gmail users who are advocates of human rights in China" have been routinely breached, most likely as a result of phishing or malware attacks, the company said Tuesday.

Jan 12 11:43

On Asia-Pacific trip, Hillary Clinton downplays U.S.-China friction

Secretary of State Hillary Rodham Clinton on Monday played down friction between the United States and China, saying she thinks the countries have a "mature" enough relationship to be able to handle differences of opinion.

Webmaster's Commentary: 

Like the $1 trillion loan from China the US just defaulted on?

Jan 12 11:16

USA WILL NOT REPAY $1 TRILLION DEBT TO CHINA

Jan 11 07:58

China car sales top U.S.

China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.

The figures came as PSA Peugeot Citroen of France said markets were expected to show signs of recovery around the world in 2010, while Volkswagen AG said it aims to at least double its U.S. sales in coming years.

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And to think that in China they have problems finding enough space on the road for a bicycle.
Try to imagine my complete and utter lack of surprise.

Jan 10 10:01

China becomes biggest exporter

China has overtaken Germany as the world's biggest exporter of goods after exports rose for the first time in 14 months, data has shown.

Webmaster's Commentary: 

This is how you make a nation prosperous' you make products that other nations wish to buy!

Starting about 40 years ago, the United States forgot this most basic economic principle. A generation of managers trained by MBA programs to not respect manufacturing grew up to be CEOs with no respect for manufacturing. Instead of making products to make money they made money the product, treating it like a commodity, packaging it, decorating it, and shifting it back and forth at high speed in the hopes such shaking would make the money grow by magic.

Of course all that really happened is that the Goldman Sachs and Bernie Madoffs simply skimmed off the cream as the cash flowed by and while the sharpsters, grafters, and operators grew fabulously rich the nation as a whole went into a decline. Our cultural admiration went to criminals who seemed to make money appear out of thin air, and our disdain fell on anyone with grease under their fingernails. Manufacturing became equated with lower class. Wealth by any means was the sign of the elect. Even today there are many who still admire Bernie Madoff and Ken Lay for the cleverness they showed in strip-mining the families of America.

The greatness of a nation is not how many tanks and bombs it can make but how many cars, microwave ovens, and heavy appliances it can sell around the world.

America has fallen from that pantheon long ago.

Jan 10 08:06

NEWSFLASH: China Becomes World's Largest Exporter

China 'overtakes Germany as world's largest exporter

China's exports rose 17.7% in December, state media has reported, suggesting the country has overtaken Germany as the world's largest exporter.

Jan 08 08:04

More than 106,000 officials punished in first 11 months of 2009: official

About 2.6 percent of those punished by the CPC were expelled from the Party and referred for prosecution for embezzlement or bribery, Gan said.

Webmaster's Commentary: 

We need something like that here in the US, I think!

Jan 07 18:12

Russia, China, Iran redraw energy map

The inauguration of the Dauletabad-Sarakhs-Khangiran pipeline on Wednesday connecting Iran's northern Caspian region with Turkmenistan's vast gas field may go unnoticed amid the Western media cacophony that it is "apocalypse now" for the Islamic regime in Tehran.

The event sends strong messages for regional security. Within the space of three weeks, Turkmenistan has committed its entire gas exports to China, Russia and Iran. It has no urgent need of the pipelines that the United States and the European Union have been advancing. Are we hearing the faint notes of a Russia-China-Iran symphony?

Jan 07 10:12

China blocks Iran sanctions over its nuclear plans

CHINA HAS blocked western efforts to impose a fresh round of UN sanctions on Iran over its nuclear programme, saying diplomatic efforts to stop Tehran building atomic weapons are ongoing.

Jan 06 05:20

America is losing the free world

Ever since 1945, the US has regarded itself as the leader of the “free world”. But the Obama administration is facing an unexpected and unwelcome development in global politics. Four of the biggest and most strategically important democracies in the developing world – Brazil, India, South Africa and Turkey – are increasingly at odds with American foreign policy. Rather than siding with the US on the big international issues, they are just as likely to line up with authoritarian powers such as China and Iran.

Jan 05 22:21

Committing treason for a piece of the pie

Committing treason for a piece of the pie
By Peter Chamberlin
Jan 5, 2010, 00:23
In the greatest fraud ever perpetrated upon any force of patriotic fighting men in the history of the human race, over 2 million men and women have been sent to fight and die in wars where victory was never possible, by government mandate. This has been a hallmark of America’s wars, set by the first Pres. Bush in his Gulf war. No useful assets like Saddam Hussein (or the Taliban, for that matter) can be eliminated in our wars of conquest. We are only interested in reeling in those who think that they are beyond control, restoring the balance of power, the balance of terror.

Jan 05 16:21

China rules out new U.N. sanctions on Iran for now

China's U.N. ambassador on Tuesday dashed Western hopes for a swift agreement on a fourth round of U.N. sanctions against Iran over its nuclear program, saying the issue requires more "time and patience."

Jan 03 12:23

The US and China: One Side is Losing, the Other is Winning

Asian capitalism, notably China and South Korea are competing with the US for global power. Asian global power is driven by dynamic economic growth, while the US pursues a strategy of military-driven empire building.

James Petras | January 3, 2010

One Day’s Read of the Financial Times

Jan 02 09:50

Concern as China clamps down on rare earth exports

Neodymium is one of 17 metals crucial to green technology. There’s only one snag – China produces 97% of the world’s supply. And they’re not selling.

Webmaster's Commentary: 

Get ready for a Chinese crotch-bomber, followed by the invasion.

Dec 30 12:55

PetroChina Wins Approval for $1.8 Billion Canadian Acquisition

Dec. 30 (Bloomberg) — PetroChina Co. won the approval of the Canadian government for its C$1.9 billion ($1.8 billion) bid to buy a stake in two Alberta oil-sands projects, its biggest North American acquisition.

The purchase by China’s largest oil company of a 60 percent share in Athabasca Oil Sands Corp.’s MacKay River and Dover oil- sands projects “is likely to be of net benefit to Canada,” Industry Minister Tony Clement said in a statement yesterday.

Dec 30 10:13

China resets terms of engagement in Central Asia

Nursultan Nazarbayev has a way of drawing lines in the sand. The president of Kazakhstan recently told global oil and metal majors that new laws would allow only those foreign investors that cooperate with his industrialization program to tap his nation's mineral resources.

Nazarbayev's message was direct: Western investors could keep their money if interested only in exploiting Kazakhstan's mineral wealth. The president was speaking as a momentous event in the history and politics of Central Asia was resetting the terms of engagement for foreigners in the region: the development of an ambitious 7,000 kilometer pipeline to link the region's gas fields to cities on China's eastern seaboard.

Webmaster's Commentary: 

Please note: China is making deals to get the energy upon which its future development will depend.

The US is waging wars without end to achieve the same outcome, bankrupting itself in the process.

What's wrong with this picture, from a standpoint of the mere survival of the United States of America?

Everything!

Dec 29 05:45

China Unveils the World’s Fastest Super High-Speed Train

China on Saturday launched what it described as the world’s fastest super high-speed train. The new bullet train runs at an average speed of 217 miles-an-hour, and can reach up to 245 miles-an-hour, cutting the 1,068 kilometers (664 miles) journey time between Wuhan in central China and Guangzhou in the country’s south (a business hub near Hong Kong) from the original 9 hours to about 3 hours.

Dec 27 20:27

Appeals to China Intensify in Effort to Spare Briton

It was in this suitcase, Reprieve has said, that customs officials at Urumqi found nearly nine pounds of heroin. Chinese law imposes the death penalty for anyone found smuggling more than 50 grams of heroin, less than two ounces.

Dec 25 08:29

China and Russia may mean more Spielberg

Seeing some recent news and developments on the Middle East game of “Smoke and Mirrors”, a game that the U.S. taxpayer funds and the U.S. government serves a key role. One of the many reasons the United States of America is hated across the globe. We have discussed how critical China and Russia are for the future of the Middle East, especially in Iran which already has close diplomatic and economic ties with Russian and China (two veto wielding, permanent members of the U.N. Security Council). See our Putin back to the Kremlin? post...

Dec 21 09:51

Turkmenistan-China pipeline changes energy balance

China has arrived in Central Asia. That is the unmistakable lesson of the opening of the Turkmenistan-China gas pipeline on December 12.

The 1,833 kilometre pipeline, which will carry up to 40 billion cubic metres (bcm) of gas, also traversing Kazakhstan and Uzbekistan before linking into China’s network in Xinjiang, was formally agreed only in April 2006. The construction of such an ambitious project in a relatively limited time-frame is a concrete demonstration of Beijing’s push to secure the region’s natural resources.

Webmaster's Commentary: 

China is making deals to make their energy infrastructure secure.

The US is fighting wars to (allegedly) accomplish the same thing.

What's wrong with this picture, in terms of US energy infrastructure?

Everything.

Dec 19 10:33

Chinese debate positive side of global warming

Academics in China are debating whether global warming could benefit rather than harm the country, with some historical climatologists believing the country did better during warmer periods.

They point to studies that show a drop in temperature and desertification accelerated the Mongol invasions of the 13th century.

"With the cold temperatures there was a drought in Mongolia. Since people were eating livestock, which fed on the grasslands, they needed to go south," Xie Zhenghui of the Chinese Academy of Sciences' International Center for Climate & Environmental Sciences told the Los Angeles Times.

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Dec 16 07:19

Any Climate Treaty Which Does Not Dramatically Reduce Soot Is Not Worth the Paper It's Written On

Do you remember the stories a couple of years ago about all of the dust coming from China?

There were headlines such as:

* China dust shows up on U.S. peaks

* China dust cloud circled globe in 13 days

Unfortunately, it's not just dirt. It's also soot, or "black carbon".

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Dec 14 12:04

Officials: World power meeting on Iran canceled

Setback in efforts to present unified front against Tehran's nuclear program as China asks to cancel meeting of five world powers, citing scheduling problems. In Vienna, Defense Minister Barak urges world to agree to tough new sanctions while suggesting that military strikes remain an option

Webmaster's Commentary: 

Israel losing the ability to order other nations to fight its wars?

Dec 12 11:32

China's Hu kicks off tour of energy-rich Central Asia

Chinese President Hu Jintao opened the Kazakh section of a gas pipeline from Central Asia on Saturday, as he kicked off a tour highlighting Beijing's growing influence over the region's energy resources.

"With the launch of this pipeline, it is like the ancient Silk Road has been restored," said Kazakh President Nursultan Nazarbayev, referring to a medieval trading route linking East and West.

Webmaster's Commentary: 

China's been making deals to get the energy its growing economy needs in Central Asia and Africa; the US has been using the tools of invasion and occupation to achieve the same ends, resulting in thousands of our kids in the military getting killed and maimed for life.

Dec 10 06:48

China's empty city

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Nov 28 09:47

China Losses Inevitable as Dollar Weakens, Ex-PBOC Adviser Says

China’s foreign-exchange reserves face a “triple whammy” as inflation, oversupply and the “inevitable” decline of the dollar threaten to erode the value of its holdings of U.S. Treasuries, said Yu Yongding, a former adviser to the Chinese central bank.

China needs to divert its trade and investment surpluses away from U.S. debt if it is unable to reduce them, Yu, a member of the central bank’s monetary policy committee from 2004 to 2006, said in a speech in Melbourne last night. The nation, with the world’s largest foreign-exchange reserves of $2.3 trillion, is the U.S.’s biggest creditor, holding $798.9 billion of Treasuries as of September.

Nov 27 06:13

Uncle Samuelstein to the rescue!

President Obama recently took a trip to China and the whole world knew about it. That is the kind of thing Presidents do, though the Dalai Lama visit proved too politically charged to pull off. As the most populous country in the world, the Peoples Republic of China is also the largest communist system in the world, the soon to be largest exporter in the world. Most of us buy ‘made in China’ products all the time. So President Obama really just had to drop by...

Nov 26 22:21

Report: US Warned China That Israel Could Attack Iran

An American warning that Israel could bomb Iran is what caused China to reconsider its stance over the Iranian nuclear program and may have paved the way for new sanctions against the Islamic republic, the Washington Post reported Thursday.

The Americans have been trying for some time to get China to join the camp of countries supporting tougher sanctions against Iran. According to the report, two weeks before US President Barack Obama visited China a week and a half ago, two senior White House officials – Dennis Ross and Jeffrey Bader – traveled to Beijing on a “special mission” to try to persuade China to pressure Iran to give up its alleged nuclear weapons program.

Nov 25 23:08

Thankful on Thanksgiving

While many Americans attempt to be thankful for anything in these trying and evil times, I am truly thankful there are people like Mike, who has created this site to fight for truth and decency against the murderous, hateful, worst examples of our species.

As we remember and reflect upon the gratitude we feel for the wonder that is in our lives, and the people whose talent, love, and inspiration guides us, this is for Mike Rivero, a true American hero and a beacon for the world.

Thanks MIke.

Joe

Nov 25 23:08

Thankful on Thanksgiving

While many Americans attempt to be thankful for anything in these trying and evil times, I am truly thankful there are people like Mike, who has created this site to fight for truth and decency against the murderous, hateful, worst examples of our species.

As we remember and reflect upon the gratitude we feel for the wonder that is in our lives, and the people whose talent, love, and inspiration guides us, this is for Mike Rivero, a true American hero and a beacon for the world.

Thanks MIke.

Joe

Nov 24 10:28

What if China did to the US what the US has done to Iran? An analogy to help embrace facts

Would it help to understand the facts to imagine if the US was in Iran’s position? Let’s find out with the following scenario of the current US role being played by China, and Iran being played by the US. It’s all based on the conservative history (non-contested as far as I know) of what the US has done to Iran and documented here. This is written from an American perspective.

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Nov 16 08:53

Obama Talks Human Rights in China

For President Obama, speaking openly about the Chinese government's human rights record during a town hall meeting on its own soil was an exercise in moderation.

Webmaster's Commentary: 

It was an exercise in hypocrisy coming from the nation that wiretaps its citizens, engages in torture and imprisonment without trial, show trials (see New York), and "Free Speech Zones".

Nov 16 08:46

China Criticizes U.S. Financial Management During Obama Visit

China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.

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Nov 14 08:48

China dissidents 'detained ahead of Obama visit'

China has detained several dissidents and campaigners ahead of US President Barack Obama's much-anticipated first visit to the country, their relatives and close contacts told AFP Saturday.

Nov 13 11:13

Chinese Lien on US Treasury

The Chinese parties were signing papers at the World Court on 11th November 2009, following preparatory activity on 10th November, to execute their LIEN on the US Treasury. As one of the key aggrieved Beneficiary Owners of the loaned 10,000 tonnes of gold and the currency boxes etc., the World Court powers will enable them to seize US assets around the world within their jurisdictions and probably even on the high seas and at airports, to the value of the stolen/diverted assets.

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Nov 12 07:03

China sets plan to let currency move higher

China signalled it will allow its currency to appreciate against the U.S. dollar, bowing to international pressure days ahead of a visit from U.S. President Barack Obama.

The move to allow the yuan to rise against the greenback would provide much-needed relief to countries trying to compete against China's mighty export machine and put further downward pressure on an already battered U.S. dollar.

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Nov 06 09:06

Jobs Question Jeopardizes Wind Farm’s Stimulus Deal

The Green Economy at work!

Nov 03 23:55

US/China Military partnership is treason, Not symbolic "friendship"

Chinese general on a long march
By Peter J Brown, Nov 3, 2009
The United States and China are warming up - at least symbolically - their military ties ahead of United States President Barack Obama's first official visit to China in mid-November. In late October, General Xu Caihou, the second-highest ranking officer in the Chinese People's Liberation Army (PLA), started a long trip to the US....Xu was also accompanied by General Ma Xiaotian, deputy chief of general staff of the PLA, Lieutenant General Zhao Keshi, commander of the Nanjing Military Area Command, and Rear Admiral Jiang Weilie, chief of staff of East Fleet of the PLA Navy, among others.

Nov 02 10:26

An orderly decline

The financial crisis has pushed the issue of the dollar’s status as the world’s reserve currency to the forefront of the market’s agenda. And as ultra-loose US fiscal and monetary policies have weighed on its value, so calls for an alternative to the US currency as the world’s numeraire have increased.

Oct 30 07:38

The Not-So-Great Mall of China: Welcome to the world's largest (and loneliest) shopping centre

Dick Groves, a retail consultant based in Hong Kong, said the failure of the New South China Mall was down to inexperience in leasing business and an undisciplined financial system.

'When it's easy to get financing without having to convince someone of the project's feasability, and without having to show pre-leasing commitment, you can start to get into trouble,' he told The National.

Oct 29 14:10

Amazing Pictures, Pollution in China

Oct 25 12:05

Key China box index drops for first time since June

Alarm bells are ringing for liner firms as one of the most accurate gauges of the container index fell for the first time in more than four months Friday.

Oct 16 10:14

Obama loosens missile technology controls to China

President Obama recently shifted authority for approving sales to China of missile and space technology from the White House to the Commerce Department -- a move critics say will loosen export controls and potentially benefit Chinese missile development.

The president issued a little-noticed "presidential determination" Sept. 29 that delegated authority for determining whether missile and space exports should be approved for China to Commerce Secretary Gary Locke.

Webmaster's Commentary: 

One has to wonder what the "quid pro quo" here was.

China has been very nervous recently about its dollar holdings, and given the current sorry state of US currency, who can blame them?

Was this move made to cause them not to dump dollar holdings in the short term?

Oct 16 10:11

Chinese leader's comments dash Iran sanction hopes

Premier Wen Jiabao said Thursday that China intends to strengthen its cooperation with Iran, an indication Beijing would oppose growing calls in the West for additional sanctions against the Islamic regime for its nuclear program.

Oct 15 12:08

Video: China forges links with Iran

Oct 14 19:21

Money and Mandarin lessons fuel China's African invasion

Chinese trade with Africa has grown from less than £6.3bn at the beginning of the decade to pass £60bn at the end of last year – only the European Union and the US do more business.

There are now some 800 Chinese companies operating in Africa and the investors in talks in Conakry are not from Beijing but from the Hong Kong-based China Investment Fund. Yet only two months ago officials in Beijing said that China would not be investing in Guinea.

Webmaster's Commentary: 

Notice how the writers of this article characterize the emergence of Chinese business in Africa as an "invasion", as though deal making was somehow inferior to military attack and occupation to get the geopolitcal outcomes a foreign country wants to have happen here.

Oct 13 02:35

Jim Rogers on the Next 10 Years

I’m moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers yesterday.

Now don’t get me wrong – Mr. Commodities wasn’t all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn’t sugarcoat things – he’s very matter-of-fact about his concerns and projections for the future. And most of them don’t bode well for the U.S.

I’ll be posting an interview with Jim Rogers on the site in the coming week, but for now, I just wanted to offer some highlights from his speech at ETF Securities' mini-conference and the Q&A that followed.

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Oct 08 08:56

Western media steps up pressure on China over Iran

In the case of the US, it is precisely the lack of economic ties that is driving its confrontation with Iran. One only has to ask the question: what would happen if relations with Iran were normalised and sanctions lifted? Immediately there would be a scramble for economic position and political influence in Tehran by all the major powers. The US, which has no diplomatic relations with and virtually no trade and investment in Iran, would be starting with a major disadvantage. Confrontation and sanctions, on the other hand, serve to undermine the position of US rivals.

Webmaster's Commentary: 

So, the US Government is bashing Iran to prevent the rest of the world from gaining an economic advantage over the US?

Now THERE's a great reason to let your children be killed and crippled!

Oct 06 13:21

China Has Already Walked Away from Derivatives Contracts

Chinese banks defaulted. They may have been partially motivated by U.S. malfeasance in the capital markets that caused losses in Asia. The U.S. squandered its credibility and our cover-ups have done nothing to restore it.

Oct 02 02:38

Ron Paul Warns of Violence from Pending Dollar Crisis; Says Israel Strike on Iran the Trigger

Scary times ahead? Perhaps, if you take credence in what Rep. Ron Paul, R-Texas, says.

Paul, who had a strong grassroots following during the 2008 presidential election, explained on Glenn Beck’s Sept. 30 radio program that perilous times lie ahead due to the Federal Reserve’s loose monetary policy. Host Glenn Beck asked how an Israeli strike against Iran might trigger problems with the American financial system.

Sep 24 19:46

China hostile to Iran sanctions

China signalled its hostility to new sanctions on Iran over its nuclear programme yesterday, even as western powers intensified their drive to increase pressure on Tehran.

A day after foreign ministers from the world's big powers - including China itself - called on Tehran to deliver a "serious response" to their offer of negotiations over the nuclear programme, Beijing highlighted its misgivings on a tougher stance. "China always believes that sanctions and pressure should not be an option and will not be conducive to the current diplomatic efforts over the Iran nuclear issue," said Jiang Yu, a foreign ministry spokeswoman.

Sep 23 16:49

China, Russia wouldn't block new Iran sanctions:EU

EU foreign policy chief Javier Solana said on Tuesday he did not expect Russia and China would oppose Western powers if they call for new sanctions on Iran for refusing to freeze its nuclear program.

Sep 22 10:21

Power Up

China's resource nationalism is on the rise as it hoards minerals essential for batteries, cell phones, computers, and the green revolution.

Sep 18 12:32

Topless Women, Rule Of Law, And Perceptions Of China.

This proves something many of my expat friends in China are always talking about. They say they find it ridiculous that China is viewed as this incredibly oppressive place where the government is spying on you all the time and concerned with your littlest actions. They oftentimes like to tell me that China actually has more freedoms than the United States or England.

Sep 18 09:15

ANALYSIS-Booming China-India ties strained by border tension

Anger over troop deployments, reports of border incursions, and a high-pitched media debate have reignited strains between China and India over long-festering border disputes in the Himalayas.

The details of whether boots actually crossed borders are murky, but experts in both countries agree that tensions have risen, highlighting the fragility of relations between the giant neighbours jostling for dominance.

Webmaster's Commentary: 

Neither country needs another border war right now.

Let's hope that the adults in the room in Beijing and New Delhi understand that.

Sep 17 11:01

China could undermine US military power in Pacific: Gates

China's increasingly advanced weaponry could undermine US military power in the Pacific, Defense Secretary Robert Gates said on Wednesday.

Echoing US intelligence guidelines released on Tuesday that warned of Beijing's military modernization, Gates said US naval carriers and air bases in the Pacific faced new threats from China.

Webmaster's Commentary: 

"Hey, let's start a new cold war, and pretend that China is the bad guy this time!" - official white horse souse.

Sep 16 10:55

India denies firing by Chinese troops across LAC

Recent incursions by Chinese troops into Indian territory have created anxiety about China's aggressive designs in some quarters in India.

The Indian government has, however, sought to play down the incursions, saying these are routine incidents that occur due to differences in perception about the Line of Actual Control.

Webmaster's Commentary: 

India may well have every real reason to be concerned by these recent incursions.

Sep 16 10:52

Gorkha Janmukti Morcha to be alert along India-China border

Consequent to the reports about Chinese troops trespassing into the Indian territory, Bimal Gurung, chief of Gorkha Janmukti Morcha (GJM) asserted that his party would form a special force to remain alert along the India-China border to keep away any kind of foreign intrusion.

Webmaster's Commentary: 

Neither India nor China needs a border war here. One has to wonder just what is happening with this incident.

n/a
Sep 15 20:33

China 'covers suicide bridge in butter'

Government officials in south-east China have ordered workers to cover a 1,000 ft long steel bridge in butter to prevent citizens from using it to attempt suicide.

All the climbable surfaces on the structure in Guangzhou have been covered in greasy fat to put an end to the spate of people threatening to jump from it, The Sun reports.

Government spokesman Shiu Liang said: "We tried employing guards at both ends but that didn't work - and we put up special fences and notices asking people not to commit suicide here.

"None of it worked - and so now we have put butter over the bridge and it has worked very well. Nobody can get up there and nobody who tries ever falls."

Sep 15 10:18

India’s Internet Connection to China Inexplicably Cut

Indian internet connections to servers in China appear to have been cut with no ability for Indian web users to access websites hosted in China.

The breach also appears to have affected corporate email with Indian employees are unable to connect to their colleagues and friends in China. Users in India have had to use services based overseas like Gmail to connect to China

Webmaster's Commentary: 

This disruption could have been caused by a host of reasons.

However, before a true shooting war begins, one of the first things one sees is a cutting off of communications.

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