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China Invading America NOW 2012/13/14

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August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Psalm 51:17
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« Reply #60 on: February 22, 2013, 09:07:39 pm »

http://rockcenter.nbcnews.com/_news/2013/02/22/17058583-exclusive-corporate-victims-of-chinese-hackers-speak-out?lite

2/22/13

Exclusive: Corporate victims of Chinese hackers speak out


UPDATE: In a new report released this week, cyber-security firm, Mandiant, pinpointed exactly where some of the most sophisticated hackers in China are working – in or around a building that serves as a Chinese military unit's headquarters on the outskirts of Shanghai.

This elite group of hackers has been dubbed the "Shanghai Group." They've struck 141 times since 2006 across all sectors of the U.S. economy.  This is the first time such a group has been tracked right to the doorstep of the People's Liberation Army.

Two major United States newspapers, The New York Times and The Wall Street Journal, reported earlier this year that their computer systems have been repeatedly targeted by hackers based in China for the past several months.

The New York Times said the attacks, which began in mid-September, were in response to a Times investigation of the relatives and family of China’s Premier Wen Jiabao. The Wall Street Journal simply stated that the infiltration was "for the apparent purpose of monitoring the newspaper's China coverage."

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« Reply #61 on: March 01, 2013, 01:23:23 pm »

http://finance.yahoo.com/news/china-plans-unionisation-push-big-115234719.html

3/1/13 China plans unionization push into Big Four accounting firms

By Lucy Hornby

BEIJING (Reuters) - China's state-backed trade union is planning to expand into yet another bastion of capitalism, targeting the Big Four accounting firms and their 40,000 employees in mainland China, according to state media reports and the companies on Friday.

The All-China Federation of Trade Unions made a push into foreign firms operating about four years ago and now has a union presence in most firms with a manufacturing or retail base.

The push to unionize PriceWaterhouseCoopers, Deloitte Touche Tohmatsu Ltd, Ernst & Young and KPMG comes from the ACFTU's Shanghai chapter, which decided in January to extend penetration into all top international companies based in Shanghai, according to a Shanghai government notice earlier this year.

The Shanghai union had previously established chapters in about 83 percent of foreign companies, whereas 91 percent of foreign companies are unionized nationwide -- possibly reflecting Shanghai's status as a financial rather than manufacturing center.

"It tends to be more about establishing social order and providing connection between employees and the (ruling Communist) party and not about bargaining for labor rights," said Paul Gillis, a professor at Peking University's Guanghua School of Management.

"It's not that alarming for the Big Four."

China's 2008 labor contract law says workers have the right to request a union chapter in any company with more than 25 employees.

"We will fully comply with government requirements in this matter," Ernst & Young said in a statement on Friday. The other three firms did not respond to a Reuters request for comment.

In practice, the union chapter in a company in China generally sides with management in any disputes and serves as a conduit to the party. The union also collects 2 percent of the firms' wage bills, a portion of which is supposed to be used for employees' social functions.

Foreign firms have found they have had little choice but to unionize under government pressure. In some cases, the tax bureau has refused to collect taxes until the union chapter was formed, thus putting the company formally in arrears, a source with knowledge of ACFTU negotiation tactics said.

Some smaller foreign firms have avoided establishing a union chapter by arguing that not a single employee has requested one, a labor lawyer told Reuters.

Electronics manufacturing giant Foxconn, the world's fifth-largest corporate employer with more than 1 million workers in China, said earlier this year it would allow workers to help choose union representatives for the first time.

Foxconn's move is part of an agreement with the Fair Labor Association, which issued recommendations to improve working conditions after a spate of suicides in 2010 and a number of investigations by labor activists. It has had a union chapter for several years.

The Communist Party does not tolerate independent labor unions, and workers' rights activists often face harassment or worse from companies, local governments and state security agencies.
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« Reply #62 on: March 13, 2013, 08:55:12 pm »

http://www.marketwatch.com/story/china-will-keep-the-world-on-edge-2013-03-13-101033057?siteid=yhoof2
3/13/13
China will keep the world on edge
Commentary: State Council needs a steady hand on the tiller


The 30 or so officials that the National People’s Congress will this month name as new five-year members of that powerful cabinet body will oversee a sweeping economic transformation with global consequences. How smoothly they manage China’s planned transition from an unsustainable growth model that’s been based on exports and state-directed investment toward an open, consumer-driven economy will have vast implications for the rest of the world.

The 30 or so officials that the National People’s Congress will this month name as new five-year members of that powerful cabinet body will oversee a sweeping economic transformation with global consequences. How smoothly they manage China’s planned transition from an unsustainable growth model that’s been based on exports and state-directed investment toward an open, consumer-driven economy will have vast implications for the rest of the world.

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« Reply #63 on: May 29, 2013, 09:09:48 am »

Why The Next War With China Could Go Very Badly For The United States

Most Americans assume that the U.S. military is so vastly superior to everyone else that no other nation would ever dream of fighting a full-scale war against us.  Unfortunately, that assumption is dead wrong.  In recent years, the once mammoth technological gap between the U.S. military and the Chinese military has been closing at a frightening pace.  China has been accomplishing this by brazenly stealing our technology and hacking into our computer systems.  The Pentagon and the Obama administration know all about this, but they don’t do anything about it.  Perhaps the fact that China owns about a trillion dollars of our national debt has something to do with that.  In any event, today China has the largest military in the world and the second largest military budget in the world.  They have stolen plans for our most advanced jets, helicopters, ships and missile systems.  It is estimated that stealing our technology has saved China about 25 years of research and development.  In addition, China is rapidly developing a new generation of strategic weapons that could potentially enable it to actually win a future war against the United States.  At one time such a notion would have been unthinkable, but as you will see below, the next war with China could go very badly for the United States.
 
The Washington Post is reporting on a confidential report that was prepared for the Pentagon, and what this report says about the extent of Chinese cyber espionage is absolutely startling.  Will China know ALL of our secrets at some point?  The following is a brief excerpt from the Washington Post article about the theft of our military technology by China.  It turns out that Chinese hackers have gotten their hands on plans for almost all of the new cutting edge weapons systems that we have been developing…
 

Some of the weapons form the backbone of the Pentagon’s regional missile defense for Asia, Europe and the Persian Gulf. The designs included those for the advanced Patriot missile system, known as PAC-3; an Army system for shooting down ballistic missiles, known as the Terminal High Altitude Area Defense, or THAAD; and the Navy’s Aegis ballistic-missile defense system.
 
Also identified in the report are vital combat aircraft and ships, including the F/A-18 fighter jet, the V-22 Osprey, the Black Hawk helicopter and the Navy’s new Littoral Combat Ship, which is designed to patrol waters close to shore.
 
Also on the list is the most expensive weapons system ever built — the F-35 Joint Strike Fighter, which is on track to cost about $1.4 trillion.
 
One military expert that the Washington Post showed the report to was absolutely stunned…
 

“That’s staggering,” said Mark Stokes, executive director of the Project 2049 Institute, a think tank that focuses on Asia security issues. “These are all very critical weapons systems, critical to our national security. When I hear this in totality, it’s breathtaking.”
 
The experts said the cybertheft creates three major problems. First, access to advanced U.S. designs gives China an immediate operational edge that could be exploited in a conflict. Second, it accelerates China’s acquisition of advanced military technology and saves billions in development costs. And third, the U.S. designs can be used to benefit China’s own defense industry. There are long-standing suspicions that China’s theft of designs for the F-35 fighter allowed Beijing to develop its version much faster.
 
But it isn’t just hackers that the U.S. military needs to be concerned about.
 
The truth is that the Chinese are stealing secrets from us any way that they can.
 
For example, the Chinese use attractive young women to seduce our defense contractors.  In fact, as the Washington Times recently reported, one 59-year-old American man was recently charged with passing very sensitive secrets to a 27-year-old Chinese “honeypot” that he was seeing…
 

A U.S. defense contractor who works in intelligence at the military’s Pacific Command in Hawaii has been charged with passing classified national security information to a 27-year-old Chinese woman he was dating.
 
Benjamin Pierce Bishop, 59, is accused of sending the woman an email in May with information on Pacom’s war plans, nuclear weapons and U.S. relations with international partners, according to the complaint filed in U.S. District Court in Honolulu and unsealed Monday.
 
The complaint goes on to allege that Mr. Bishop told the woman over the telephone in September about the deployment of U.S. nuclear weapons and about the ability of the U.S. to detect other nations’ short- and medium-range ballistic missiles.
 
Another way that China is gaining a strategic advantage over the U.S. is by getting the U.S. military to become increasingly dependent upon them.  According to Forbes, now the U.S. military is even leasing a Chinese satellite for communications purposes…
 

American dependence on China grows by the day. The latest news is that the United States has been reduced to leasing a Chinese satellite to handle communications with U.S. military bases in Africa. Surprising, isn’t it? The nation that launched the world’s first communications satellite (I remember it well – it was called Telstar) has so lost its manufacturing mojo that it has to rely on its most formidable military adversary to provide the hardware for some of its most sensitive communications. This at a time when underlying unemployment rates among U.S. manufacturing workers remain at near-depression levels.
 
Isn’t that crazy?
 
And a recent Senate report discovered that many of our most advanced weapons systems are absolutely riddled with counterfeit Chinese parts…
 

A recent Senate report, titled Inquiry Into Counterfeit Electronic Parts In The Department Of Defense Supply Chain, “uncovered overwhelming evidence of large numbers of counterfeit parts making their way into critical defense systems.”
 
The investigation found 1,800 cases of counterfeit electronic parts involving over one million suspect parts in 2009-10 alone, thereby exposing “a defense supply chain that relies on hundreds of unveiled independent distributors to supply electronic parts for some of our most sensitive systems.”
 
The report concluded, among other things, that China is the “dominant source” of counterfeit products that enter the DoD supply chain, that the Chinese government does little to stop it and that the DoD doesn’t know the “scope and impact” of these parts on critical defense systems.
 
Who in the world would be stupid enough to allow one of their greatest strategic enemies to supply large numbers of parts for key weapons systems?
 
Apparently we are that stupid.
 
Things are particularly bad when it comes to semiconductors…
 

Senator John McCain commented: “We can’t tolerate the risk of a ballistic missile interceptor failing to hit its target, a helicopter pilot unable to fire his missiles, or any other mission failure because of a counterfeit part.” Calling the issue “a ticking time bomb,” Brian Toohey, president of the Semiconductor Industry Association, commented: “The catastrophic failure risk inherently found in counterfeit semiconductors places our citizens and military personnel in unreasonable peril.”
 
It would be bad enough if we just had to worry about counterfeit parts failing.  But what if China has a way to shut some of those parts down in the event of a conflict?  What if some of those parts contain “Trojan Horse” computer chips or malware?
 
That may sound crazy, but unfortunately Trojan Horse chips can be extremely difficult to detect.  The following is from a recent Forbes article…
 

As the Defense Science Board pointed out, Trojan Horse circuitry is almost impossible to detect even with the most rigorous analysis. This is particularly so if a saboteur can accomplish matching subversions in both software and relevant hardware.
 
And as I mentioned above, China is rapidly developing a vast array of new strategic weapons which may enable it to actually win the next war with the United States.
 
For example, China has been developing a new generation of inter-continental and submarine-launched nuclear missiles.
 
The submarine-launched missiles are of particular concern…
 

The Ju Lang-2 intercontinental missile is the second generation of Chinese submarine-launched ballistic missiles.
 
It’s a closely held secret, and details are sketchy. If it lives up to what public military intelligence says it is, it’s a huge get for China, especially with their new sub fleet.
 
The missile is believed to have a range of 8,000 km, and can carry conventional or nuclear warheads.
 
Do you remember a few years ago when a Chinese sub fired a missile from just off the west coast of the United States?
 
We didn’t know that the sub was there.  If that missile had been fired at Los Angeles it would have been destroyed long before we could have ever responded.
 
And don’t think that a first strike by either China or Russia is inconceivable.  As I have written about previously, the U.S. strategic nuclear arsenal has already been reduced by about 95 percent, and Obama seems absolutely determined to whittle it down even more.  In fact, there has been talk that the Obama administration ultimately wants to reduce our arsenal down to just 300 warheads.  If Russia or China knows exactly where those warheads are, it would be very easy to take them out in less than 10 minutes with a submarine-based first strike.
 
And China has also reportedly been developing very sophisticated EMP weapons.  The following is from a WND report…
 

In 2011, it was first revealed that China was developing EMP weapons to be used against U.S. aircraft carriers in any future conflict, especially over Taiwan, according to a 2005 National Ground Intelligence Center study.
 
That center study said the Chinese were developing a family, or “assassin’s mace” of EMP and high-powered microwave, or HPM, weapons to be used by a technologically inferior force such as China’s, against U.S. military forces.
 
The once secret but now declassified study pointed out that the Chinese could detonate an EMP weapon some 30 to 40 kilometers over Taiwan or – by inference – a U.S. carrier strike group – and destroy the electronics capability on which U.S. network-centric strategy depends.
 
But an EMP weapon does not have to be a high-altitude weapon that affects a large area.  Smaller scale EMP weapons could take out a wave of fighter jets or a carrier fleet.
 
In a future conflict with China, we could see U.S. planes falling out of the sky or great naval vessels sitting dead in the water after being hit with EMP blasts.
 
But isn’t China our friend?
 
That is what most Americans and most American politicians seem to believe.  They seem to think that China is our “buddy” and “trading partner” and that we will never have a military conflict with China.
 
But that is NOT how the Chinese see things.
 
The Chinese regard the United States as their greatest strategic threat and as an enemy that needs to be vanquished.
 
That is why they are constantly spying on us, hacking into our computers and stealing our technology.
 
That is why they are feverishly building up their military and preparing for a future war with America.
 
So what do you think?
 
Do you believe that war with China is in our future?
 
If so, do you think that we will win?
 
Please feel free to post a comment with your thoughts below…

http://endoftheamericandream.com/archives/why-the-next-war-with-china-could-go-very-badly-for-the-united-states
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« Reply #64 on: May 29, 2013, 04:54:34 pm »

Warmongers! They just got to blow their horn on occasion to keep the cash flowing.
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« Reply #65 on: May 31, 2013, 02:07:54 am »

Quote
The Chinese regard the United States as their greatest strategic threat and as an enemy that needs to be vanquished.
 
That is why they are constantly spying on us, hacking into our computers and stealing our technology.
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« Reply #66 on: May 31, 2013, 03:53:21 am »

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stealing our technology

Well, the fact is, stealing technology and making knock-off products is a specialty in Asia. They have made untold cash making fake products stolen from legit companies. The Chinese have built their communist state by theft of products and abuse of capitalism in general.
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« Reply #67 on: June 07, 2013, 06:44:51 am »

Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities

Are you ready for a future where China will employ millions of American workers and dominate thousands of small communities all over the United States?  Such a future would be unimaginable to many Americans, but the truth is that it is already starting to happen.  Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to absolutely shatter that record this year.  Meanwhile, China is voraciously gobbling up real estate and is establishing economic beachheads all over America.  If China continues to build economic power inside the United States, it will eventually become the dominant economic force in thousands of small communities all over the nation.  Just think about what the Smithfield Foods acquisition alone will mean.  Smithfield Foods is the largest pork producer and processor in the world.  It has facilities in 26 U.S. states and it employs tens of thousands of Americans.  It directly owns 460 farms and has contracts with approximately 2,100 others.  But now a Chinese company has bought it for $4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.  If you don't think that this is important, you haven't been paying much attention to what has been going on in the world.  Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend.  They are only just starting to exercise their economic muscles.
 
And it is important to keep in mind that there is often not much of a difference between "the Chinese government" and "Chinese corporations".  In 2011, 43 percent of all profits in China were produced by companies that the Chinese government had a controlling interest in.  Americans are accustomed to thinking of "government" and "business" as being separate things, but in China they are often one and the same.  Even when there is a separation in ownership, the reality is that no major Chinese corporation is going to go against the authority and guidance of the Chinese government.  The relationship between government and business in China is much different than it is in the United States.
 
Over the past several years, Chinese companies have become increasingly aggressive.  Last year a Chinese company spent $2.6 billion to purchase AMC entertainment - one of the largest movie theater chains in the United States.  Now that Chinese company controls more movie ticket sales than anyone else in the world.  At the time, that was the largest acquisition of a U.S. firm by a Chinese company, but now the Smithfield Foods deal has greatly surpassed that.
 
But China is not just relying on acquisitions to expand its economic power.  The truth is that "economic beachheads" are being established all over America.  For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama.  I am sure that many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.
 
And guess where else Chinese companies are putting down roots?
 
Detroit.
 
Yes, the poster child for the deindustrialization of America is being invaded by the Chinese.  The following comes from a recent CNBC article...
 

Dozens of companies from China are putting down roots in Detroit, part of the country's steady push into the American auto industry.
 
Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.
 
If you recently purchased an "American-made vehicle", there is a really good chance that it has Chinese parts in it.
 
In fact, it is becoming harder and harder to get auto parts that are actually made in America by American companies.  A lot of those companies are dying off.  One example of this is a battery maker that had received $132 million from the federal government that was recently gobbled up by a huge Chinese corporation...
 

Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States. "We simply don't know how many there are," said David Andrea, an official with the Original Equipment Suppliers Association, a trade organization for auto parts makers.
 
In one of the more prominent deals, the Wanxiang Group bought most of the assets of the battery maker A123 Systems, which filed for bankruptcy last year despite receiving $132 million of $249 million in federal grants to build two factories in Michigan.
 
Congressional Republicans criticized the deal, saying A123's technology could support military applications in China. Still, the buyout was approved this year by the Committee on Foreign Investment in the United States, a federal government panel.
 
China seems particularly interested in acquiring energy resources in the United States.  For example, did you know that China is actually mining for coal in the mountains of Tennessee?
 
Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee.  At the time, that acquisition really didn't make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.  The following is from a Wall Street Journal article back in March...
 

The Tennessee Conservative Union began airing an ad Tuesday that says lawmakers have failed to protect the state's scenic mountains and are allowing the "Chinese to destroy our mountains and take our coal…the same folks who hold our debt."
 
But when it comes to our energy resources, China has been most interested in our oil and natural gas.  It is a complete and total mystery why the federal government would allow China to buy up our precious domestic sources of energy, but it is happening.  The following is a list of some of the oil and natural gas deals that China has been involved in during the last few years that was compiled by the Wall Street Journal...
 

Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.
 
Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.
 
Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.
 
Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.
 
Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.
 
Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.
 
Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.
 
Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.
 
How could we be so stupid?
 
Sadly, as our politicians endlessly bicker China just continues to aggressively push ahead.
 
And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries.  According to Bloomberg, right now China is actually building a city larger than Manhattan just outside of the capital of Belarus...
 

China is building an entire city in the forests near the Belarusian capital Minsk to create a manufacturing springboard between the European Union and Russia.
 
Belarusian President Aleksandr Lukashenko allotted an area 40 percent larger than Manhattan around Minsk’s international airport for the $5 billion development, which will include enough housing to accommodate 155,000 people, according to Chinese and Belarusian officials.
 
And this is actually already happening on a much smaller scale in this country.  For example, as I have written about previously, a Chinese company known as "Sino-Michigan Properties LLC" has purchased 200 acres of land near the little town of Milan, Michigan.  Their stated goal is to construct a "China City" that has artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.
 
In other cases, large chunks of real estate in the middle of major U.S. cities are being gobbled up by Chinese "investors".  Just check out what a Fortune article from a while back says has been happening in Toledo, Ohio...
 

In March 2011, Chinese investors paid $2.15 million cash for a restaurant complex on the Maumee River in Toledo, Ohio. Soon they put down another $3.8 million on 69 acres of newly decontaminated land in the city's Marina District, promising to invest $200 million in a new residential-commercial development. That September, another Chinese firm spent $3 million for an aging hotel across a nearby bridge with a view of the minor league ballpark.
 
Are you starting to get the picture?
 
China is on the rise and America is in decline.  If you doubt this, just read the following list of facts which comes from one of my previous articles entitled "40 Ways That China Is Beating America"...
 
#1 As I mentioned above, when you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.
 
#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us.  That was the largest trade deficit that one nation has had with another nation in the history of the world.
 
#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
 
#4 China now has the largest new car market in the entire world.
 
#5 China has more foreign currency reserves than anyone else on the planet.
 
#6 China is the number one gold producer in the world.
 
#7 China is also the number one gold importer in the world.
 
#8 The uniforms for the U.S. Olympic team were made in China.
 
#9 85 percent of all artificial Christmas trees are made in China.
 
#10 The new World Trade Center tower is going to include glass that has been imported from China.
 
#11 The new Martin Luther King memorial on the National Mall was made in China.
 
#12 One of the reasons it is so hard to export stuff to China is because of their tariffs.  According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.
 
#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.
 
#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.
 
#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.
 
#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.
 
#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.
 
#18 China now produces more than twice as many automobiles as the United States does.
 
#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.
 
#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government.  The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.
 
#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.
 
#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.
 
#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.
 
#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.
 
#25 China now consumes more energy than the United States does.
 
#26 China is now the leading manufacturer of goods in the entire world.
 
#27 China uses more cement than the rest of the world combined.
 
#28 China is now the number one producer of wind and solar power on the entire globe.
 
#29 There are more pigs in China than in the next 43 pork producing nations combined.
 
#30 Today, China produces nearly twice as much beer as the United States does.
 
#31 Right now, China is producing more than three times as much coal as the United States does.
 
#33 China now produces 11 times as much steel as the United States does.
 
#34 China produces more than 90 percent of the global supply of rare earth elements.
 
#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.
 
#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.
 
#37 15 years ago, China was 14th in the world in published scientific research articles.  But now, China is expected to pass the United States and become number one very shortly.
 
#38 China now awards more doctoral degrees in engineering each year than the United States does.
 
#39 The average household debt load in the United States is 136% of average household income.  In China, the average household debt load is 17% of average household income.
 
#40 The Chinese have begun to buy up huge amounts of U.S. real estate.  In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.
 
And what we have seen so far may just be the tip of the iceberg as far as Chinese "investment" in U.S. real estate is concerned.  The following is a brief excerpt from a Bloomberg article that was posted just last week...
 

China is studying the possibility of investing a portion of its $3.4 trillion in foreign-exchange reserves in U.S. real estate, said two people with direct knowledge of the situation.
 
The State Administration of Foreign Exchange began the study after seeing signs of a recovery in the U.S. property market, said the people, who asked not to be identified as they weren’t authorized to speak publicly about the matter. China may acquire properties, invest in real estate funds or buy stakes in property companies, they said. The safety of the investments will be the top priority, said the people, who didn’t elaborate on a timetable or other details.
 
So what can we do about all of this?
 
Unfortunately, not a whole lot.  Both major political parties seem to be fully convinced that merging our economy with the economy of communist China is a great idea.  I would not expect major changes in our policies regarding China any time soon.
 
For now, I will just leave you with one piece of advice...
 
Learn to speak Chinese.  You might need it someday.

http://theeconomiccollapseblog.com/archives/meet-your-new-boss-buying-large-employers-will-enable-china-to-dominate-1000s-of-u-s-communities
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« Reply #68 on: June 08, 2013, 11:06:05 am »

Rising Red tide: China encircles U.S. by sailing warships in American waters, arming neighbors

China has been quietly taking steps to encircle the United States by arming western hemisphere states, seeking closer military, economic, and diplomatic ties to U.S. neighbors, and sailing warships into U.S. maritime zones.
 
The strategy is a Chinese version of what Beijing has charged is a U.S. strategy designed to encircle and “contain” China. It is also directed at countering the Obama administration’s new strategy called the pivot to Asia. The pivot calls for closer economic, diplomatic, and military ties to Asian states that are increasingly concerned about Chinese encroachment throughout that region.

Read more: http://www.washingtontimes.com/news/2013/jun/7/china-encircles-us-arming-western-hemisphere-state/#ixzz2VdpdgGmp

Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit?

"Something very strange is happening to Detroit.  Once upon a time, it was the center of American manufacturing and it had the highest per capita income in the United States.  But now the city is dying and the Chinese are moving in to pick up the pieces.  Lured by news stories that proclaim that you can buy homes in Detroit for as little as one dollar, Chinese investors are eagerly gobbling up properties.  In some cases, this is happening dozens of properties at a time.  Not only that, according to the New York Times “dozes of companies from China” are investing in businesses and establishing a presence in the Detroit area.  If this continues, will Detroit eventually become a city that is heavily dominated by China?

At this point, not too many others appear interested in saving Detroit.  Right now, there are approximately 78,000 abandoned buildings in Detroit and about one-third of the entire city is either vacant or derelict.  People have been moving out in droves and there are only about 700,000 residents left.

For many Americans, Detroit is about the last place that they would want to live.  But to many Chinese, this sounds like a perfect buying opportunity.  According to a recent Fox News report, real estate agents in Detroit are being overwhelmed with inquiries from China…

Downtown Detroit is home to one of the worst housing markets in the country, as prices of homes have collapsed and foreclosures have soared in the city’s depressed economy.

But some Chinese investors hungry for real estate are hoping Detroit’s losses will be their gain. After Detroit filed for bankruptcy July 18, Motor City property has been a hot topic on China’s social media platform, Weibo, according to a Quartz.com report.

News of the bankruptcy, coupled with a Chinese TV report in March that claimed you could buy two houses in Detroit for the same price as a pair of leather shoes, has piqued investors’ interest.

And these buyers appear to be quite serious.  One buyer reportedly bought 30 properties recently, and other buyers say that they want to purchase even more homes than that…

And it appears to be translating into real interest; Caroline Chen, a real estate broker in Troy, Michigan, says she’s received “tons of calls” from people in mainland China.

“I have people calling and saying, ‘I’m serious—I wanna buy 100, 200 properties,’” she tells Quartz, noting that one of her colleagues recently sold 30 properties to a Chinese buyer. “They say ‘We don’t need to see them. Just pick the good ones.’”

Meanwhile, according to the New York Times, dozens of Chinese companies are moving into the city…

Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

While starting with batteries and auto parts, the spread of Chinese business is expected to result eventually in the sale of Chinese cars in the United States.

Of course this is not just happening in Detroit.  The truth is that the Chinese are buying up real estate, businesses and natural resources all over the country.

But they seem to have a particular interest in Detroit.

Perhaps someone should tell them that Detroit is not actually a very safe place these days.  The violent crime rate is five times higher than the national average, and the murder rate in Detroit is 11 times higher than it is in New York City.

If you call the police, it takes them an average of 58 minutes to respond.  And sometimes the people that are committing the crimes are actually Detroit police officers.  In fact, one Detroit police officer was involved in robbing a gas station just last week…

A Good Samaritan snapped photos of what appeared to be two men impersonating police officers involved in a pistol-whipping and robbery outside a Citgo gas station on Detroit’s east side on July 21.

Once Fox 2 aired those photos, an even more disturbing picture developed.

“Several unidentified police officers were working this particular robbery case, recognized one of the suspects in the photographs as being a member of the Detroit Police Department,” Chief James Craig said Monday.

Now under arrest are two police sergeants, a 47-year-old officer and 20-year veteran of the Detroit Police Department and his 42-year-old buddy from the police academy, who is a former DPD cop and 17-year veteran of the St. Clair Shores Police Department. The later recently received a distinguished service award.

“In fact, they were police officers, just not working on-duty at the time,” Craig said.

Detroit is a dying, bankrupt city.  There does not seem to be much hope of a turnaround for Detroit any time soon.

So why are the Chinese gobbling up so much real estate and so many businesses in Detroit?

That is a very good question."

http://endoftheamericandream.com/archives/why-are-the-chinese-gobbling-up-real-estate-and-businesses-in-detroit

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« Reply #69 on: July 31, 2013, 09:11:49 am »

Wow...
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« Reply #70 on: July 31, 2013, 02:12:30 pm »

Quote
Perhaps someone should tell them that Detroit is not actually a very safe place these days.

Neither is Beijing. It's just geography!

I don't think the Communists are concerned for a second about some street thugs. They got dealing with unruly types down to a barbaric science. If Chinese "business" (US-friendly word for government) really does move in, watch how long it takes before those gangs and thugs go away.

You can see though the possible opportunity to make some serious return on your investment. They buy some run down house for $2,000 let's say, spruce it up, spending maybe $5,000 in materials, have all their family do the work, then sell it for $15-20,000. Consider their market too is mainly Chinese, a captured market that trusts the sellers. They sell a decent house to a fellow Chinese for what amounts to a steal at $20,000, and the seller makes a TON of cash fast. They can easily, and have around the world, sent in a few dozen workers and just wear it out. Take a look at how they been operating in Africa.

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« Reply #71 on: August 01, 2013, 02:20:20 am »

Posted by Mark:

Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit?

Something very strange is happening to Detroit.  Once upon a time, it was the center of American manufacturing and it had the highest per capita income in the United States.  But now the city is dying and the Chinese are moving in to pick up the pieces.  Lured by news stories that proclaim that you can buy homes in Detroit for as little as one dollar, Chinese investors are eagerly gobbling up properties.  In some cases, this is happening dozens of properties at a time.  Not only that, according to the New York Times “dozes of companies from China” are investing in businesses and establishing a presence in the Detroit area.  If this continues, will Detroit eventually become a city that is heavily dominated by China?

At this point, not too many others appear interested in saving Detroit.  Right now, there are approximately 78,000 abandoned buildings in Detroit and about one-third of the entire city is either vacant or derelict.  People have been moving out in droves and there are only about 700,000 residents left.

For many Americans, Detroit is about the last place that they would want to live.  But to many Chinese, this sounds like a perfect buying opportunity.  According to a recent Fox News report, real estate agents in Detroit are being overwhelmed with inquiries from China…

    Downtown Detroit is home to one of the worst housing markets in the country, as prices of homes have collapsed and foreclosures have soared in the city’s depressed economy.

    But some Chinese investors hungry for real estate are hoping Detroit’s losses will be their gain. After Detroit filed for bankruptcy July 18, Motor City property has been a hot topic on China’s social media platform, Weibo, according to a Quartz.com report.

    News of the bankruptcy, coupled with a Chinese TV report in March that claimed you could buy two houses in Detroit for the same price as a pair of leather shoes, has piqued investors’ interest.

And these buyers appear to be quite serious.  One buyer reportedly bought 30 properties recently, and other buyers say that they want to purchase even more homes than that…

    And it appears to be translating into real interest; Caroline Chen, a real estate broker in Troy, Michigan, says she’s received “tons of calls” from people in mainland China.

    “I have people calling and saying, ‘I’m serious—I wanna buy 100, 200 properties,’” she tells Quartz, noting that one of her colleagues recently sold 30 properties to a Chinese buyer. “They say ‘We don’t need to see them. Just pick the good ones.’”

Meanwhile, according to the New York Times, dozens of Chinese companies are moving into the city…

    Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

    Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

    While starting with batteries and auto parts, the spread of Chinese business is expected to result eventually in the sale of Chinese cars in the United States.

Of course this is not just happening in Detroit.  The truth is that the Chinese are buying up real estate, businesses and natural resources all over the country.

But they seem to have a particular interest in Detroit.

Perhaps someone should tell them that Detroit is not actually a very safe place these days.  The violent crime rate is five times higher than the national average, and the murder rate in Detroit is 11 times higher than it is in New York City.

If you call the police, it takes them an average of 58 minutes to respond.  And sometimes the people that are committing the crimes are actually Detroit police officers.  In fact, one Detroit police officer was involved in robbing a gas station just last week…

    A Good Samaritan snapped photos of what appeared to be two men impersonating police officers involved in a pistol-whipping and robbery outside a Citgo gas station on Detroit’s east side on July 21.

    Once Fox 2 aired those photos, an even more disturbing picture developed.

    “Several unidentified police officers were working this particular robbery case, recognized one of the suspects in the photographs as being a member of the Detroit Police Department,” Chief James Craig said Monday.

    Now under arrest are two police sergeants, a 47-year-old officer and 20-year veteran of the Detroit Police Department and his 42-year-old buddy from the police academy, who is a former DPD cop and 17-year veteran of the St. Clair Shores Police Department. The later recently received a distinguished service award.

    “In fact, they were police officers, just not working on-duty at the time,” Craig said.

Detroit is a dying, bankrupt city.  There does not seem to be much hope of a turnaround for Detroit any time soon.

So why are the Chinese gobbling up so much real estate and so many businesses in Detroit?

That is a very good question.

http://endoftheamericandream.com/archives/why-are-the-chinese-gobbling-up-real-estate-and-businesses-in-detroit

Quote
"Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

While starting with batteries and auto parts, the spread of Chinese business is expected to result eventually in the sale of Chinese cars in the United States.

Of course this is not just happening in Detroit.  The truth is that the Chinese are buying up real estate, businesses and natural resources all over the country.

But they seem to have a particular interest in Detroit."

http://endoftheamericandream.com/archives/why-are-the-chinese-gobbling-up-real-estate-and-businesses-in-detroit

The Chinese have been selling cars in Australia now for a long time and yes they are alot cheaper than other known brands

"Great Wall Motors – which sells Australia’s cheapest ute (from $17,990 drive-away) and compact SUV (from $21,990 drive-away) – is on track to deliver its 30,000th car locally either late this year or early next, hitting the milestone in less time than it took Korean juggernaut Hyundai.

It took Hyundai five years to sell more than 25,000 cars in Australia; Great Wall reached the same point in a little over three years. Great Wall sales are up 32 per cent this year and it is the 17th best-selling brand nationally.

Great Wall is handled in Australia by independent distributor Neville Crichton, a 50-year veteran of the car industry who introduced Japanese car maker Suzuki in the 1980s and little known Korean maker Kia in the 1990s, as well as several European marques.

“Chinese cars will be up to speed in less than half the time it took the Koreans,” says Crichton. “Many of them are using Australia as a test market for other countries. If they can be successful here the expectation is they can be successful in other markets.”

Crichton reckons he will sell 20,000 Chinese-made vehicles in Australia next year alone. “And China is on track to build 20 million cars. They’re not pioneers anymore, they’re the biggest car-making country in the world.”

http://www.carsguide.com.au/news-and-reviews/car-news/chinese_cars_outselling_premium_brands
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« Reply #72 on: August 24, 2013, 06:53:35 am »

The Secret Document That Proves China Considers The United States To Be A Mortal Enemy

If you believe that China is our “friend”, then you have been deceived.  While U.S. politicians, the mainstream media and the U.S. military may consider China to be a “friend” and a “partner”, the Chinese see things very, very differently.  As you will see below, documents produced at the highest levels of the Chinese government make it abundantly clear that China considers the United States to be a mortal enemy.  Unfortunately, in the west we have naively assumed that if we opened up trade with China that they would want to be more like us.  Instead, opening up trade with China has allowed them to severely damage us economically while continuing to loudly denounce “western constitutional democracy” at the same time.

The truth is that China is not like us and they never intend to be.  The Chinese people do not get to choose their leaders in free elections, and the Communist Party in China never intends to allow that to happen.

The Chinese people do not have freedom of speech or freedom of religion, and the Communist Party in China never intends to give the general population those freedoms.

In most cases, Chinese families do not even have the freedom to have more than one child, and if a Chinese family tries to buck the system a mobile abortion van may show up at their front door.

The Chinese system is horribly repressive, and in many ways it continues to get even worse.

And officials in China definitely do not consider the United States to be a “partner”.  Rather, they consider the United States to be a rival that needs to be vanquished.

This attitude comes through very clearly in a Chinese government memo known as “Document No. 9″ that the New York Times was recently able to get a copy of…

    Communist Party cadres have filled meeting halls around China to hear a somber, secretive warning issued by senior leaders. Power could escape their grip, they have been told, unless the party eradicates seven subversive currents coursing through Chinese society.

    These seven perils were enumerated in a memo, referred to as Document No. 9, that bears the unmistakable imprimatur of Xi Jinping, China’s new top leader. The first was “Western constitutional democracy”; others included promoting “universal values” of human rights, Western-inspired notions of media independence and civic participation, ardently pro-market “neo-liberalism,” and “nihilist” criticisms of the party’s traumatic past.

“Document No. 9″ sounds very similar to another “anti-western Communist Party document” that was reported on earlier this year in the Sunday Times by Michael Sheridan…

    A hostile anti-western Communist Party document circulating among hundreds of Chinese officials has given the first proof that Xi’s leadership is set on a hard line against liberal foreign influences.

    It tells officials they must “completely understand the harm of viewpoints and theories propagated by the West” and emphasises the need for China to “stand up against the West” by becoming rich and strong.

    The communist faithful are exhorted to strengthen their leadership, to be “relentless” in political guidance and to “use battlefield tactics” to defeat liberals and dissidents.

Are you starting to get the picture?

China has no intention of becoming more like us.  In fact, Chinese officials hate our liberties and our freedoms.

And the Chinese military actually considers the United States to be their “enemy-in-chief”.  That is exactly how the U.S. is described in a recent paper which was drafted by the PLA’s deputy chief of staff…

    China’s military considers the United States “enemy-in-chief” and, as it has done for decades, maintains a shroud of secrecy around the PLA’s size, capabilities, and intentions. That much is clear from a recent paper written by the PLA’s deputy chief of the general staff, the number two military man in China, for the Study Times, the official newspaper of the Communist Party School.

In addition, some top military officials in China have even advocated using nuclear weapons against the United States first in the event of a military conflict between our two countries…

    Gen. Zhu Chenghu expressed willingness to abandon China’s “no first use” nuclear weapons policy, to defend its claim over Taiwan and argued that China should use nuclear weapons against the United States should its military interfere. A 2011 editorial in the Global Times (an English edition of the Communist Party of China’s official newspaper) warned that countries involved in sea disputes with China “need to prepare for the sounds of cannons.”

For now, China is content to trade with us because it benefits them.  Chinese officials consider every interaction with the west to be part of a grand game of chess which is marching toward an inevitable conclusion, and they very much plan on being the victors.

And without a doubt, China is defeating the United States on a whole host of fronts right now.  The following examples are from one of my previous articles entitled “40 Ways That China Is Beating America“…

#1 When you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.

#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us.  That was the largest trade deficit that one nation has had with another nation in the history of the world.

#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.

#4 China now has the largest new car market in the entire world.

#5 China has more foreign currency reserves than anyone else on the planet.

#6 China is the number one gold producer in the world.

#7 China is also the number one gold importer in the world.

#8 The uniforms for the U.S. Olympic team were made in China.

#9 85 percent of all artificial Christmas trees are made in China.

#10 The new World Trade Center tower is going to include glass that has been imported from China.

#11 The new Martin Luther King memorial on the National Mall was made in China.

#12 One of the reasons it is so hard to export stuff to China is because of their tariffs.  According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.

#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

#18 China now produces more than twice as many automobiles as the United States does.

#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.

#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government.  The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.

#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.

#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.

#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.

#25 China now consumes more energy than the United States does.

#26 China is now the leading manufacturer of goods in the entire world.

#27 China uses more cement than the rest of the world combined.

#28 China is now the number one producer of wind and solar power on the entire globe.

#29 There are more pigs in China than in the next 43 pork producing nations combined.

#30 Today, China produces nearly twice as much beer as the United States does.

#31 Right now, China is producing more than three times as much coal as the United States does.

#33 China now produces 11 times as much steel as the United States does.

#34 China produces more than 90 percent of the global supply of rare earth elements.

#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.

#37 15 years ago, China was 14th in the world in published scientific research articles.  But now, China is expected to pass the United States and become number one very shortly.

#38 China now awards more doctoral degrees in engineering each year than the United States does.

#39 The average household debt load in the United States is 136% of average household income.  In China, the average household debt load is 17% of average household income.

#40 The Chinese have begun to buy up huge amounts of U.S. real estate.  In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.

Sadly, most of the people that will end up reading this article will not take it seriously.

In fact, there will inevitably be quite a few comments left after this article mocking the idea that China considers us to be “the enemy”.

A lot of Americans have been deluded into thinking that China “needs us” and that they always will.  But that is not how the Chinese think.  Once they have extracted as much wealth and technology from us as they want, they will have no problem turning on us.

The Chinese truly believe that their system is superior to ours and that they will win in the end.  Most Americans will never understand this until it is far too late.

http://endoftheamericandream.com/archives/the-secret-document-that-proves-china-considers-the-united-states-to-be-a-mortal-enemy
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« Reply #73 on: September 20, 2013, 04:02:46 am »

Mayor torpedoes plans to fly China's flag
Abrupt decision overturning council vote follows WND report


The mayor of San Leandro, Calif., on Thursday, just hours after WND reported on a city council vote to fly the flag of communist China over city hall, decided to suspend that decision.

In a statement delivered to WND by city officials late Thursday, Mayor Stephen Cassidy commented on the controversial decision to fly the flag of the People’s Republic of China at the San Leandro City Hall on Oct. 1.

“San Leandro does not fly the flags of other nations at our city hall. We need to call a ‘time out’ and allow the community to weigh in on whether or not we should raise the flags of other governments,” he said.

“We should not rush to host the flag of a specific government at city hall and set a precedent before we listen to the community and carefully review our options,” he said.

“I recognize that my decision will disappoint many persons. I greatly value and am tremendously thankful to our Chinese-American community for its extensive and significant contributions to the welfare of the people and economy of San Leandro,” he continued. “Our Chinese-American community has helped make San Leandro one of the most diverse cities in California and the U.S. Those in our community wishing to celebrate the founding of the People’s Republic of China are welcome to use one of our parks, as do other groups that celebrate key events of their nations of origin.”

City officials explained in a statement to WND that the city does not have guidelines about flying other nations’ flags.

The controversy developed following a Sept. 16, vote, 4-to-3, with Cassidy and council members Pauline Cutter and Michael Gregory dissenting, to approve flying the Chinese flag over city hall on Oct. 1.

That’s National Day in China, marking the founding of the People’s Republic.

Officials said under the city charter, the mayor has the authority to suspend implementation of a council vote within three days. The matter then is placed as a motion for reconsideration at the council’s next meeting, but that wouldn’t have happened until Oct. 7.

The overturned decision had been made to honor “the formation of the sovereign state in 1949 by communist leader Mao Zedong,” the San Jose Mercury News reported.

Councilman Benny Lee explained he wanted to provide a sign of support for the city’s Chinese residents and signal that the city is open for Chinese business and investments.

Lee was joined in the vote by council members Ursula Reed, Diana Souza and Jim Prola.

“Raising the flag gives us the opportunity to show the openness to the people of China, the business people of China, to show that we welcome that investment and we welcome the prosperity,” Lee said, according to the San Jose Mercury News.

A number of Tibetan organizations opposed the vote, according to the San Jose paper, including Tashi Kungo of the Tibetan Association of Northern California, who charged the flag is “stained with the blood of Tibetans, Uyghurs and Chinese.”

Arlene Lum of the Asian Community Cultural Association, however, supported the council’s decision. She insisted it reflects a welcome to the Chinese population in San Leandro and an open door to Chinese money.

The San Leandro Patch reported that a petition was being promoted that condemns the plan.

The San Leandro school board showed its opposition to the council’s decision by voting to move its meeting away from city hall on the day the Chinese flag will fly there, according to KGO-TV in San Francisco.

The station reported flags from China already fly in San Francisco but said the decision to raise it over city hall in San Leandro for one day has riled human rights activists.

Blogger Greg Autry – a senior economist with the American Jobs Alliance and co-author of “Death by China?” – charged the city council has been “corrupted by the lure of Chinese money.”

He noted Oct. 1 “celebrates the conquest of China by Mao’s brutal communist forces in 1949 and the establishment of a regime that has killed more people than any other on Earth.”

“Apparently ‘partnering’ with these sort of criminals is what San Leandro wants to be known for,” Autry said.

He had called for boycott of San Leandro and a demonstration there Oct. 1.

“Bring your own food and fill up your gas tank before you enter town. Never do any business in or with a San Leandro firm,” he said.

The Chinese flag, Autry argued, symbolizes the “inferior position” of the Chinese people, represented by the small stars, to the Communist Party and the “overall dominance of communism,” symbolized by the red background.

He said the decision insults Korean veterans who fought Chinese forces and Tibetans “who are watching their country be systematically dismantled and their people abused under Beijing’s colonial ambitions.”

Vietnamese Americans, he added, “had their country overrun and stolen by communist forces.

He also called it an insult to the members of the Falun Gong sect have been “executed so their organs and bodies could be sold for profit,” Christians whose churches have been demolished and the millions of unemployed Americans whose jobs have been sucked up by the Chinese behemoth.

http://mobile.wnd.com/2013/09/chinas-flag-to-wave-oer-land-of-the-free/
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« Reply #74 on: September 20, 2013, 06:41:19 am »

Quote
He noted Oct. 1 “celebrates the conquest of China by Mao’s brutal communist forces in 1949 and the establishment of a regime that has killed more people than any other on Earth.”

Exactly. It's not a celebration of the forming of a country, it's a celebration of the taking over of a country by Communists.  Roll Eyes
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« Reply #75 on: October 07, 2013, 06:29:22 am »

Florida real estate attracting more Asian buyers

It’s still a long way from Asia to Florida, yet a growing number of Asians are joining the throng of foreign investors buying Florida real estate, according to a recent study done by the National Association of Realtors in cooperation with Florida Realtors.

 While still a minor player in Florida real estate, China has joined Latin American nations like Venezuela, Brazil and Argentina in becoming a growing source of foreign-national buyers in the state, the survey found. Meanwhile, Europeans from the United Kingdom, Germany and France “have figured less prominently compared to previous years.’’

The number of Florida real estate transactions by foreign nationals dropped 15.8 percent to 22,572 from 26,806 a year earlier, the survey says. Still total foreign sales rose 3.8 percent to $6.43 billion from $6.20 billion a year earlier, reflecting higher prices.

Among all foreign sales, the Miami area accounted for 21.1 percent in the year ended in August, followed by the Orlando-Kissimmee area, which accounted for 13.5 percent and greater Fort Lauderdale, which accounted for 8.5 percent.

Canadians continued to lead the pack among foreign nationals buying Florida real estate, accounting for about 30 percent of foreign sales in Florida, while Venezuelans totaled 8 percent, the survey of 977 Realtors conducted July 9 to Aug 16 revealed.

Asians accounted for 11 percent of foreign purchases in the Fort Lauderdale area over the past year (a surprising finding to some Realtors interviewed); 10 percent of those in the greater Orlando area; and 5 percent in Miami, the survey said.

 A Japanese real estate broker, representing 10 buyers and accompanied by a translator and investment advisor, recently signed deals for 10 units at Nine, a new condominium project under construction above Mary Brickell Village in downtown Miami.

Edgardo Defortuna, CEO of Fortune International, which is marketing the project, said before the visitors left, the broker “asked if he brought 10 more friends in a month, would I respect the same pricing. I said, ‘Let’s see if I have units,’ and he was very excited.”

Defortuna said a Chinese visitor recently signed up for a pre-construction unit at the Jade Signature condominium in Sunny Isles Beach. The architect on that project, Herzog & De Meuron, is well known in China, since the firm also did the National Stadium for the Beijing 2008 Olympics, Defortuna said.

“They really have ‘woken up’ [to Miami] lately,” Defortuna said. “It’s something of a different buyer, a buyer that has been attracted to New York. Now it’s trickling down.’’

Others agree that Miami is now on Asians’ radar.

 “Interest in Miami in general has elevated in Asia, and the awareness of Miami as an international gateway likewise has grown,’’ said Stephen Owens, president of Swire Properties Inc. That is the U.S. unit of Hong Kong-based Swire Properties Ltd., which is building Brickell CityCentre, a $1 billion undertaking that combines shopping, living, entertainment and work space that is expected to transform downtown Miami’s look and feel.

 Swire recently doubled down on its Miami bet with its purchase of the 700 Brickell building, where it plans to develop another nearly $1 billion investment, an 80-story, mixed-use tower as phase two of the downtown overhaul.

 “Interest from Asia in generally is up, but it’s also up from Canada and from within the United States,” Owens said. “So Miami’s dependence on Latin America [for investment] is changing.’’

 Institutional projects such as Swire’s are, of course, distinct from individual home purchases that make up much of the fabric of international investment in Florida real estate.

Yet many locals see Swire’s presence — along with that of Genting, the Malaysian giant that acquired the former headquarters of the Miami Herald in 2011 and neighboring Omni property for redevelopment — drawing more Asian investment to the region.

 “Money follows money,” said Alicia Cervera, managing director of Cervera Real Estate, a Miami brokerage that markets pre-construction luxury condominium projects for many developers. “We’re at a tipping point,” she said, with the widening of the Panama Canal and the deepening of Miami’s harbor to accommodate bigger ships, developments that will boost Asian focus on the region. “The missing piece of the puzzle is a direct flight.”

The Miami Association of Realtors is working hard to prime the pump. Among other things, Teresa King Kinney, chief executive officer of the group, joined a trade mission this year to Hong Kong and Singapore to promote the Miami market. The Realtors group plans to host a Chinese TV crew to film the Miami market for a promotional program.

The GDTV real estate channel broadcasts to more than 40 million viewers in the province of Guangdong.

Read more here: http://www.miamiherald.com/2013/10/04/3670196/florida-real-estate-attracting.html#storylink=cpy
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« Reply #76 on: October 14, 2013, 09:14:23 am »

http://www.ibtimes.co.uk/articles/513431/20131013/china-debt-ceiling-shutdown-xinhua-de-emericanised.htm
10/13/13
Debt Ceiling: China Calls for World to Be 'De-Americanised'

Chinese government mouthpiece says 'Pax Americana' has failed on all fronts

China's official news agency has called for the creation of a "de-Americanised world", saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government.

Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler in others' affairs, and said the 'Pax Americana' was a failure on all fronts.

The official news agency of China, which is seen as the pretender to the world's superpower crown, then rubbed in more salt, calling American economic pre-eminence just a seeming dominance.

"As US politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanised world," the editorial said.

It asks why the self-declared protector of the world is sowing mayhem in the financial markets by failing to resolve political differences over key economic policy.


"... the cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonised," the agency said.


It is not the first time Chinese leadership and newspapers have criticised Washington over a policy paralysis that threatens to devalue its dollar assets.

According to US Treasury Department data, China is the biggest foreign owner of US Treasuries at $1.28 trillion as of July. Besides, China also holds close to $3.5 trillion of dollar-denominated assets.

A US debt default and consequent credit downgrade would significantly erode the value of China's holdings.

As the first step in creating a de-Americanised world, all nations must try to shape an international system that respects the sovereignty of all nations and ensures the US keeps out of the domestic affairs of others, Xinhua said.

"The developing and emerging market economies need to have more say in major international financial institutions including the World Bank and the International Monetary Fund, so that they could better reflect the transformations of the global economic and political landscape," the editorial says.

It also called for an end to the use of the US dollar as the international reserve currency, a step that would ensure the international community could maintain a safe distance from the side-effects of domestic political turmoil in the United States.
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« Reply #77 on: October 14, 2013, 09:20:09 am »

"The developing and emerging market economies need to have more say in major international financial institutions including the World Bank and the International Monetary Fund, so that they could better reflect the transformations of the global economic and political landscape," the editorial says.

Look at that "emerging" buzzword again - as was discussed in another thread, it's a New Age buzzword. Emergent Church is another prime example, which is doing its part to usher in the OWR.
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« Reply #78 on: October 18, 2013, 07:55:28 am »

9 Signs That China Is Making A Move Against The U.S. Dollar

On the global financial stage, China is playing chess while the U.S. is playing checkers, and the Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.  You see, the truth is that China does not plan to allow the U.S. financial system to dominate the world indefinitely.  Right now, China is the number one exporter on the globe and China will have the largest economy on the planet at some point in the coming years.  The Chinese would like to see global currency usage reflect this shift in global economic power.  At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars.  This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions this advantage is starting to erode.  And due to the recent political instability in Washington D.C., the Chinese sense vulnerability.  China has begun to publicly mock the level of U.S. debt, Chinese officials have publicly threatened to stop buying any more U.S. debt, the Chinese have started to aggressively make currency swap agreements with other major global powers, and China has been accumulating unprecedented amounts of gold.  All of these moves are setting up the moment in the future when China will completely pull the rug out from under the U.S. dollar.

Today, the U.S. financial system is the core of the global financial system.  Because nearly everybody uses the U.S. dollar to buy oil and to trade with one another, this creates a tremendous demand for U.S. dollars around the planet.  So other nations are generally very happy to take our dollars in exchange for oil, cheap plastic gadgets and other things that U.S. consumers "need".

Major exporting nations accumulate huge piles of our dollars, but instead of just letting all of that money sit there, they often invest large portions of their currency reserves into U.S. Treasury bonds which can easily be liquidated if needed.

So if the U.S. financial system is the core of the global financial system, then U.S. debt is "the core of the core" as some people put it.  U.S. Treasury bonds fuel the print, borrow, spend cycle that the global economy depends upon.

That is why a U.S. debt default would be such a big deal.  A default would cause interest rates to skyrocket and the entire global economic system to go haywire.

Unfortunately for us, the U.S. debt spiral cannot go on indefinitely.  Our debt is growing far, far more rapidly than our GDP is, and therefore our debt is completely and totally unsustainable.

The Chinese understand what is going on, and when the dust settles they plan to be the last ones standing.  In the aftermath of a U.S. collapse, China anticipates having the largest economy on the planet, more gold than anyone else, and a respected international currency that the rest of the globe will be able to use to conduct international trade.

And China is not just going to sit back and wait for all of this to happen.  In fact, they are already doing lots of things to get the ball moving.  The following are 9 signs that China is making a move against the U.S. dollar...

#1 Chinese credit rating agency Dagong has downgraded U.S. debt from A to A- and has indicated that further downgrades are possible.

#2 China has just entered into a very large currency swap agreement with the eurozone that is considered a huge step toward establishing the yuan as a major world currency.  This agreement will result in a lot less U.S. dollars being used in trade between China and Europe...

    The swap deal will allow more trade and investment between the regions to be conducted in euros and yuan, without having to convert into another currency such as the U.S. dollar first, said Kathleen Brooks, a research director at FOREX.com.

    "It's a way of promoting European and Chinese trade, but not doing it with the U.S. dollar," said Brooks. "It's a bit like cutting out the middleman, all of a sudden there's potentially no U.S. dollar risk."

#3 Back in June, China signed a major currency swap agreement with the United Kingdom.  This was another very important step toward internationalizing the yuan.

#4 China currently owns about 1.3 trillion dollars of U.S. debt, and this enormous exposure to U.S. debt is starting to become a major political issue within China.

#5 Mei Xinyu, Commerce Minister adviser to the Chinese government, warned this week that if the U.S. government ever does default that China may decide to completely stop buying U.S. Treasury bonds.

#6 According to Yahoo News, China has already been looking for ways to diversify away from the U.S. dollar...

    There have been media reports this week that China's State Administration of Foreign Exchange, the body that handles the country's $3.66 trillion of foreign exchange reserve, is looking to diversify into real estate investments in Europe.

#7 Xinhua, the official news agency of China, called for a "de-Americanized world" this week, and also made the following statement about the political turmoil in Washington: "The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonized."

#8 Xinhua also said the following about the U.S. debt deal on Thursday: "[P]oliticians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system".  The commentary in the government-run publication also declared that the debt deal "was no more than prolonging the fuse of the U.S. debt bomb one inch longer."

#9 China is the largest producer of gold in the world, and it has also been importing an absolutely massive amount of gold from other nations.  But instead of slowing down, the Chinese appear to be accelerating their gold buying.  In fact, money manager Stephen Leeb says that his sources are telling him that China plans to buy another 5,000 tons of gold.  There are many that are convinced that China eventually plans to back the yuan with gold and try to make it the number one alternative to the U.S. dollar.

So exactly what would happen if the Chinese announced someday that they were going to back their currency with gold and would no longer be using the U.S. dollar in international trade?

It would change the face of the global economy almost overnight.  In a previous article, I described some of the things that we could expect to see happen...

    If China does decide to back the yuan with gold and no longer use the U.S. dollar in international trade, it will have devastating effects on the U.S. economy.  Demand for the U.S. dollar and U.S. debt would drop like a rock, and prices on the things that we buy every day would soar.  At that point you could forget about cheap gasoline or cheap Chinese imports.  Our entire way of life depends on the U.S. dollar being the primary reserve currency of the world and being able to import things very inexpensively.  If the rest of the world (led by China) starts to reject the U.S. dollar, it would result in a massive tsunami of currency coming back to our shores and a very painful adjustment in our standard of living.  Today, most U.S. currency is actually used outside of the United States.  If someday that changes and we are no longer able to export our inflation that is going to mean big trouble for us.

The fact that we get to print up giant mountains of money and virtually everyone around the world uses it has been a huge boon for the U.S. economy.

When that changes, the word "catastrophic" is not going to be nearly strong enough to describe what is going to happen.

According to a Rasmussen Reports survey that was released this week, only 13 percent of all Americans believe that the country is on the right track.  But the truth is that these are the good times.  The American people haven't seen anything yet.

Someday people will look back and desperately wish that they could go back to the "good old days" of 2012 and 2013.  This is about as good as things are going to get, and it is only downhill from here.

http://theeconomiccollapseblog.com/archives/9-signs-that-china-is-making-a-move-against-the-u-s-dollar
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« Reply #79 on: October 18, 2013, 07:33:49 pm »

http://www.france24.com/en/20131017-chinese-agency-downgrades-us-credit-rating
10/17/13
Chinese agency downgrades US credit rating

AFP - A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement.
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« Reply #80 on: October 30, 2013, 04:38:26 pm »

China Is Preparing To Declare Financial War Against The US

Today acclaimed money manager Stephen Leeb stunned King World News when he warned that the Chinese were preparing to declare financial “war” against the United States.  Leeb also discussed the frightening implications of this for the United States as well as other Western nations in this powerful interview.

Leeb:  “People don’t completely understand this because the stock market is on the move, but the reality is that  the US is in a great deal of danger.  There is a ‘black swan’ out there than could very easily destroy the US dollar and collapse the United States....

“The Fed’s balance sheet is now close to $4 trillion.  What is going to happen if all of the sudden there is an interest rate shock?  At some point, China can and probably will declare war on the US dollar and destroy it when they are ready. The way to begin that war would be to instigate an interest rate shock in the US.

If China were to shock the West by coming together with Japan, when the time is right, they could wreak havoc with the US bond market as well as the US dollar.  The chaos of the Chinese declaring war on the dollar could quite possibly collapse the currency altogether.

As the West continues to hemorrhage what remaining gold it has left in its vaults to the East, this is setting the stage, when the time is right, for the Chinese to end the US dollar’s reign, and install the yuan as the dominant currency in the world.  This is why the US is so desperately trying to set up trade agreements in Asia and elsewhere in the world in US dollars.

As I previously told you, the Chinese still want to accumulate another 5,000 tons of gold.  But when the Chinese are ready, and they declare war on the US dollar, that’s a war the US will lose.  So, yes, the Chinese would definitely win a war against the dollar.

It also important for people to understand the nations have gone from fearing China, because of their immense size in the Asian economy, to wanting to cozy up to China.  This is happening because they don’t feel they can trust America anymore.  As this distrust grows, China’s influence continues to soar. 

China is now rapidly ascending to power because of the chaos in Washington.  Obamacare is perceived around the world as a catastrophe for the US, and the US is spying on the entire world.  All of this resonates very badly with other countries and their leaders.  No wonder the Asians are coming together with China.

When the Chinese unleash that war on the dollar it will force the Fed to step in and buy even more bonds.  This would only make the situation even worse.  This would create hundreds of billions of dollars of losses on the Fed’s balance sheet.  This is something Congressmen have repeatedly warned Fed Chairman Bernanke about.  The Fed’s response to that crisis could literally set the stage for hyperinflation.  At that point it would be game over for the dollar and for the US.

But, Eric, what is inevitable is that there will be a chess move by the Chinese that takes the dollar out of the game.  Just like the US made the dollar convertible into gold because they possessed so much gold in 1944, the Chinese are moving aggressively in that direction as fast as they possibly can.  So, all of this will happen, it’s just a question of, when is it going to happen? 

The flow of physical gold into China right nowis absolutely staggering.  This is not a good situation.  I wish it were different, I really do, because all of the Western nations are in danger of a much more serious collapse in terms of the standard of living of their citizens when this materializes.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/30_China_Is_Preparing_To_Declare_Financial_War_Against_The_US.html
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« Reply #81 on: November 01, 2013, 08:20:45 am »

Inside China: Nuclear submarines capable of widespread attack on U.S.



Chinese state-run media revealed for the first time this week that Beijing’s nuclear submarines can attack American cities as a means to counterbalance U.S. nuclear deterrence in the Pacific.
 
On Monday, leading media outlets including China Central TV, the People’s Daily, the Global Times, the PLA Daily, the China Youth Daily and the Guangmin Daily ran identical, top-headlined reports about the “awesomeness” of the People's Liberation Army navy’s strategic submarine force.
 
“This is the first time in 42 years since the establishment of our navy’s strategic submarine force that we reveal on such a large scale the secrets of our first-generation underwater nuclear force,” the Global Times said in a lengthy article titled “China for the First Time Possesses Effective Underwater Nuclear Deterrence against the United States.”
 
The article features 30 photos and graphics detailing, among other things, damage projections for Seattle and Los Angeles after being hit by Chinese nuclear warheads and the deadly radiation that would spread all the way to Chicago.
 
China’s sub fleet is reportedly the world’s second-largest, with about 70 vessels. About 10 are nuclear-powered, and four or more of those are nuclear ballistic submarines capable of launching missiles.
 
Heavily influenced by Soviet naval models that stressed underwater forces, China’s nuclear submarine development began with the reverse-engineering of a Soviet Golf-class conventional-powered sub in the 1950s.
 
In the 1980s, China developed its first ballistic missile sub, the Type 092 Xia-class, which has 12 launch tubes for the Julang (Giant Wave)-1 missiles. The JL-1 had a limited range and failed multiple test launches.
 
In 2010, a new class of missile sub, the Type 094 Jin class, entered the service. It is capable of launching 12 to 16 JL-2 missiles with a range of about 8,700 miles, covering much of the continental U.S. with single or multiple, independently targetable re-entry vehicle warheads.
 
Chinese calculations for nuclear attacks on the U.S. are chillingly macabre.
 
“Because the Midwest states of the U.S. are sparsely populated, in order to increase the lethality, [our] nuclear attacks should mainly target the key cities on the West Coast of the United States, such as Seattle, Los Angeles, San Francisco and San Diego,” the Global Times said.
 
“The 12 JL-2 nuclear warheads carried by one single Type 094 SSBN can kill and wound 5 million to 12 million Americans,” the Global Times reported.
 
China also has developed land-based intercontinental ballistic missiles — notably the DF-31A, which has a range of 7,000 to 7,500 miles.
 
“If we launch our DF 31A ICBMs over the North Pole, we can easily destroy a whole list of metropolises on the East Coast and the New England region of the U.S., including Annapolis, Philadelphia, New York, Boston, Portland, Baltimore and Norfolk, whose population accounts for about one-eighth of America’s total residents,” the Global Times said.
 
All the state-run press reports stressed the point that the PLA’s missile submarines are now on routine strategic patrol, “which means that China for the first time has acquired the strategic deterrence and second strike capability against the United States.”
 
“Our JL-2 SLBMs have become the fourth type of Chinese nuclear missiles that threaten the continental United States, after our DF-31A, DF-5A and DF-5B ICBMs,” said the Global Times.
 
Story Continues → Read more: http://www.washingtontimes.com/news/2013/oct/31/inside-china-nuclear-submarines-capable-of-widespr/#ixzz2jOqefws3
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« Reply #82 on: November 10, 2013, 07:30:14 am »

How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

The death of the dollar is coming, and it will probably be China that pulls the trigger.  What you are about to read is understood by only a very small fraction of all Americans.  Right now, the U.S. dollar is the de facto reserve currency of the planet.  Most global trade is conducted in U.S. dollars, and almost all oil is sold for U.S. dollars.  More than 60 percent of all global foreign exchange reserves are held in U.S. dollars, and far more U.S. dollars are actually used outside of the United States than inside of it.  As will be described below, this has given the United States some tremendous economic advantages, and most Americans have no idea how much their current standard of living depends on the dollar remaining the reserve currency of the world.  Unfortunately, thanks to reckless money printing by the Federal Reserve and the reckless accumulation of debt by the federal government, the status of the dollar as the reserve currency of the world is now in great jeopardy.
 
As I mentioned above, nations all over the globe use U.S. dollars to trade with one another.  This has created tremendous demand for U.S. dollars and has kept the value of the dollar up.  It also means that Americans can import things that they need much more inexpensively than they otherwise would be able to.
 
The largest exporting nations such as Saudi Arabia (oil) and China (cheap plastic trinkets at Wal-Mart) end up with massive piles of U.S. dollars...
 
Instead of just sitting on all of that cash, these exporting nations often reinvest much of that cash into low risk securities that can be rapidly turned back into dollars if necessary.  For a very long time, U.S. Treasury bonds have been considered to be the perfect way to do this.  This has created tremendous demand for U.S. government debt and has helped keep interest rates super low.  So every year, massive amounts of money that gets sent out of the country ends up being loaned back to the U.S. Treasury at super low interest rates...
 
And it has been a very good thing for the U.S. economy that the federal government has been able to borrow money so cheaply, because the interest rate on 10 year U.S. Treasuries affects thousands upon thousands of other interest rates throughout our financial system.  For example, as the rate on 10 year U.S. Treasuries has risen in recent months, so have the rates on U.S. home mortgages.
 
Our entire way of life in the United States depends upon this game continuing.  We must have the rest of the world use our currency and loan it back to us at ultra low interest rates.  At this point we have painted ourselves into a corner by accumulating so much debt.  We simply cannot afford to have rates rise significantly.
 
For example, if the average rate of interest on U.S. government debt rose to just 6 percent (and it has been much higher than that at various times in the past), we would be paying more than a trillion dollars a year just in interest on the national debt.
 
But it wouldn't be just the federal government that would suffer.  Just consider what higher rates would do to the real estate market.
 
About a year ago, the rate on 30 year mortgages was sitting at 3.31 percent.  The monthly payment on a 30 year, $300,000 mortgage at that rate is $1315.52.
 
If the 30 year rate rises to 8 percent, the monthly payment on a 30 year, $300,000 mortgage would be $2201.29.
 
Does 8 percent sound crazy to you?
 
It shouldn't.  8 percent was considered to be normal back in the year 2000.
 
Are you starting to get the picture?
 
We need other countries to use our dollars and buy our debt so that we can have super low interest rates and so that we can afford to buy lots of cheap stuff from them.
 
Unfortunately, the truly bizarre behavior of the Federal Reserve and the U.S. government over the past several years is causing the rest of the world to lose faith in our currency.  In particular, China is leading the call for a "de-Americanized" world.  The following is from a recent article posted on the website of France 24...
 
For decades the US has benefited to the tune of trillions of dollars-worth of free credit from the greenback's role as the default global reserve unit.
 
But as the global economy trembled before the prospect of a US default last month, only averted when Washington reached a deal to raise its debt ceiling, China's official Xinhua news agency called for a "de-Americanised" world.
 
It also urged the creation of a "new international reserve currency... to replace the dominant US dollar".
 
So why should the rest of the planet listen to China?
 
Well, China now accounts for more global trade than anyone else does, including the United States.
 
China is also now the number one importer of oil in the world.
 
At this point, China is even importing more oil from Saudi Arabia than the United States is.
 
China now has an enormous amount of economic power globally, and the Chinese want the rest of the planet to start using less U.S. dollars and to start using more of their own currency.  The following is from a recent article in the Vancouver Sun...
 
Three years after China allowed the yuan to start trading in Hong Kong’s offshore market, banks and investors around the world are positioning themselves to get involved in what Nomura Holdings Inc. calls the biggest revolution in the $5.3 trillion currency market since the creation of the euro in 1999.
 
And over the past few years we have seen the global use of the yuan rise dramatically...
 
International use of the yuan is increasing as the world’s second-largest economy opens up its capital markets. In the first nine months of this year, about 17 percent of China’s global trade was settled in the currency, compared with less than one percent in 2009, according to Deutsche Bank AG.
 
Of course the U.S. dollar is still king for now, but thanks to a whole host of recent international currency agreements this status is slipping.  For example, China just recently signed a major currency agreement with the European Central Bank...
 

The swap deal will allow more trade and investment between the regions to be conducted in euros and yuan, without having to convert into another currency such as the U.S. dollar first, said Kathleen Brooks, a research director at FOREX.com.
 
"It's a way of promoting European and Chinese trade, but not doing it with the U.S. dollar," said Brooks. "It's a bit like cutting out the middleman, all of a sudden there's potentially no U.S. dollar risk."
 
And as I have written about previously, we have seen a bunch of other similar agreements being signed all over the planet in recent years...
 
1. China and Germany (See Here)
 
2. China and Russia (See Here)
 
3. China and Brazil (See Here)
 
4. China and Australia (See Here)
 
5. China and Japan (See Here)
 
6. India and Japan (See Here)
 
7. Iran and Russia (See Here)
 
8. China and Chile (See Here)
 
9. China and the United Arab Emirates (See Here)
 
10. China, Brazil, Russia, India and South Africa (See Here)
 
But do you hear about any of this on the mainstream news?
 
Of course not.
 
They would rather focus on the latest celebrity scandal.
 
Right now, the global move away from the U.S. dollar is slow but steady.
 
At some point, some trigger event will likely cause it to become a stampede.
 
When that happens, demand for U.S. dollars and U.S. debt will disintegrate and interest rates will absolutely skyrocket.
 
And if interest rates skyrocket that will throw the entire U.S. financial system into chaos.  At the moment, there are about 441 trillion dollars worth of interest rate derivatives sitting out there.  It is a financial time bomb unlike anything the world has ever seen before.
 
There are four "too big to fail" banks in the United States that each have more than 40 trillion dollars worth of total exposure to derivatives.   The largest chunk of those derivatives is made up of interest rate derivatives.  In case you were wondering , those four banks are JPMorgan Chase, Citibank, Bank of America and Goldman Sachs.
 
A huge upward surge in interest rates would absolutely devastate those banks and cause a financial crisis that would make 2008 look like a Sunday picnic.
 
Right now, the leader in global trade seems content to use U.S. dollars for most of their international transactions.  China also seems content to hold more than a trillion dollars of U.S. government debt.
 
If that suddenly changes someday, the consequences for the U.S. economy will be absolutely catastrophic and every single American will feel the pain.
 
The standard of living that all of us are enjoying today depends largely upon China.  They can bring down the hammer at any moment and they know it.

http://theeconomiccollapseblog.com/archives/how-china-can-cause-the-death-of-the-dollar-and-the-entire-u-s-financial-system
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« Reply #83 on: November 11, 2013, 07:07:32 pm »

11/11/13
Huge influx of Chinese students drives numbers of international students at US colleges to record levels

After China, the biggest number of foreign students came from India
The number of U.S. students studying abroad has tripled since 1993


Hundreds of thousands of Chinese students are flocking to U.S. colleges and universities, helping to drive the number of international students studying in America to record levels.

Similarly, all-time high numbers of American students are studying abroad, although there are far fewer and they tend to do much shorter stints than students coming to the United States, according to a report by the Institute of International Education and the State Department's Bureau of Educational and Cultural Affairs.

They say international education programs do more than advance cultural enrichment. They also are an economic boon to communities that host foreign students and to the students themselves, who improve their job competitiveness.

**It all comes down to the love of money, plain and simple.

Foreign students contribute about $24 billion annually to the U.S. economy and about two-thirds of them primarily pay their own way or their families do.

All told, 819,644 students came to the United States to study abroad in the 2012-13 school year. The highest numbers were from China, India, South Korea, Saudi Arabia and Canada. That's a record high, with a seven per cent increase from a year earlier and 40 per cent from more than a decade ago. Despite the increases, international students make up less than four per cent of all students.

There was some slowdown in the number of students coming to the United States in the years after the September 11 attacks, in part because of visa issues, but the number has since rebounded.

About 237,000 of the international students were from China, a 29 per cent increase. A burgeoning middle class combined with a view that America has quality colleges and universities were factors cited as driving the demand. About one-third studied business and management once they arrived, the report said.

‘Chinese students and their parents are looking for high quality education, get the importance of international education, and it's making America the No. 1 destination because we actually have the capacity to absorb international students,’ said Allan Goodman, president and CEO of the institute.

The number of students from Saudi Arabia studying in the United States jumped 30 per cent, to 45,000. These students are largely funded by a Saudi government scholarship program nearly in its 10th year, the report said.

The top destinations for international students were the University of Southern California in Los Angeles, the University of Illinois Urbana-Champaign in Champaign, Purdue University in West Lafayette, Indiana, New York University, and Columbia University in New York.

By contrast, 283,332 U.S. students studied abroad for academic credit - a three per cent increase from a year earlier.

In the past 20 years, the number of U.S. students studying abroad has tripled. But less than 10 per cent of American students study abroad during their college years. The United Kingdom, Italy, Spain, France and China were the top destinations.

Attention tied to the Beijing Olympics and more classes taught in English are factors starting to drive more American students to China, Goodman said.

A State Department program called 100,000 Strong, which officially started in 2010, aims to send 100,000 American students to China over a four-year period.

The report found that 14,887 Americans studied in China in 2011-2012 - a two per cent increase, but that doesn't include students going to China for non-credit programs.

‘We encourage study abroad whether it's short term, long term, whether it's credit, non-credit,’ said Evan Ryan, a State Department official, on a conference call with reporters.

http://www.dailymail.co.uk/news/article-2500172/Huge-influx-Chinese-students-drives-numbers-international-students-US-colleges-record-levels.html
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« Reply #84 on: November 18, 2013, 04:37:22 pm »

Bloomberg News Suspends Reporter Whose Article on China Was Not Published

A reporter for Bloomberg News who worked on an unpublished article about China, which employees for the company said had been killed for political reasons by top Bloomberg editors, was suspended last week by managers.

The reporter, Michael Forsythe, was based in Hong Kong and has written award-winning investigative articles on China. He met with supervisors and was placed on leave, said two Bloomberg employees with knowledge of the situation, which was supposed to be private. The move came days after several news outlets, including The New York Times, published reports quoting unnamed Bloomberg employees saying that top editors, led by Matthew Winkler, the editor in chief, decided in late October not to publish an investigative article because of fears that Bloomberg would be expelled from China.

The article, about a Chinese tycoon and his ties to families of Communist Party leaders, was written by Mr. Forsythe and Shai Oster. Mr. Winkler has denied that the article was killed.

Last week, after the allegations of self-censorship were published, reporters and editors in the Bloomberg bureau in Hong Kong who had worked on the unpublished article were called into a series of meetings, Bloomberg employees said. They were asked questions about the news reports face to face and through conference calls with top editors and executives based in Hong Kong and New York, the employees said.

On Wednesday, Mr. Forsythe, who joined Bloomberg in 2000, was asked to go to the floor where human resources offices are, and he did not return to the newsroom, employees said.

Two representatives of Bloomberg News declined to comment on Sunday. Mr. Forsythe also declined to comment for this story.

At around 6:40 p.m. on Monday, he said on his Twitter account @PekingMike, “Thanks everyone for the incredible outpouring of sympathy and support. It has really helped me and my family get through this.” Around 8 p.m., he sent out the first line of that same message in Chinese.

The Times’s account of the unpublished article appeared online on Nov. 8 and cited Bloomberg employees who said that Mr. Winkler had conveyed his decision about the article in a conference call on Oct. 29 to Mr. Forsythe, Mr. Oster and two other Hong Kong-based journalists, after the text had already been through a series of late-stage edits in which no big objections were raised, and had been approved by a lawyer.

In the call, Mr. Winkler defended his decision by comparing it to the self-censorship by foreign news bureaus trying to preserve their ability to report inside Nazi-era Germany, according to the Bloomberg employees familiar with the discussion. “He said, ‘If we run the story, we’ll be kicked out of China,’ ” one employee said.

Mr. Winkler said in an email to The Times that “the stories are active and not spiked.” He would not comment on the conference call.

The Financial Times and Next Media Animation also reported independently on the accusations of self-censorship. The Financial Times published what it said were excerpts from emails from top Bloomberg editors in New York to the reporters that expressed strong support for the story in September. An email dated Sept. 18 from Laurie Hays, a senior executive editor, said the story was “almost there.” An email nine days later from Jonathan Kaufman, a managing editor, said: “The story is terrific. I am in awe of the way you tracked down and deciphered the financial holdings and the players. It’s a real revelation. Looking forward to pushing it up the line.”

The suspension of Mr. Forsythe was first reported on Friday night by The New York Post.

Last Thursday, Norman Pearlstine, who recently left the post of chief content officer at Bloomberg L.P. to rejoin Time Inc., was asked about the news reports at a public talk. Mr. Pearlstine said that he had spoken with Mr. Winkler and had heard that “the story was just not ready for publication and they’re still working on it.”

Bloomberg L.P., the parent company of Bloomberg News, receives much of its revenue from selling subscriptions for its financial-information terminals. After Bloomberg News published an article in June 2012 on the family wealth of Xi Jinping, at that time the incoming Communist Party chief, sales of Bloomberg terminals in China slowed, as officials ordered state enterprises not to subscribe. Officials also blocked Bloomberg’s website on Chinese servers, and the company has been unable to get residency visas for new journalists.

Mr. Forsythe was a lead reporter on the article about the Xi family and other articles in the 2012 “Revolution to Riches” series, which received a George Polk Award and awards from the Asia Society, the Overseas Press Club and the Society of American Business Editors and Writers.

Last Wednesday, Amanda Bennett, until recently the executive editor for projects and investigations at Bloomberg, said she was leaving the company. She told Talking Biz News that she was “most proud of the groundbreaking” article on the Xi family. Bloomberg employees said that the investigative unit Ms. Bennett had run would soon undergo major changes.

http://www.nytimes.com/2013/11/18/world/asia/reporter-on-unpublished-bloomberg-article-is-suspended.html?_r=0
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« Reply #85 on: November 22, 2013, 07:01:45 am »

China Announces That It Is Going To Stop Stockpiling U.S. Dollars


China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States.  The central bank of China has decided that it is "no longer in China’s favor to accumulate foreign-exchange reserves".  During the third quarter of 2013, China's foreign-exchange reserves were valued at approximately $3.66 trillion.  And of course the biggest chunk of that was made up of U.S. dollars.  For years, China has been accumulating dollars and working hard to keep the value of the dollar up and the value of the yuan down.  One of the goals has been to make Chinese products less expensive in the international marketplace.  But now China has announced that the time has come for it to stop stockpiling U.S. dollars.  And if that does indeed turn out to be the case, than many U.S. analysts are suggesting that China could also soon stop buying any more U.S. debt.  Needless to say, all of this would be very bad for the United States.

(Read More....) http://theeconomiccollapseblog.com/archives/china-announces-that-it-is-going-to-stop-stockpiling-u-s-dollars
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« Reply #86 on: November 22, 2013, 12:05:22 pm »

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China Announces That It Is Going To Stop Stockpiling U.S. Dollars

That makes sense, seeing the dollar is pretty much worthless.
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« Reply #87 on: December 02, 2013, 12:55:09 pm »

Bloomberg News Suspends Reporter Whose Article on China Was Not Published

A reporter for Bloomberg News who worked on an unpublished article about China, which employees for the company said had been killed for political reasons by top Bloomberg editors, was suspended last week by managers.


Report: Chinese authorities conduct unannounced 'inspections' of Bloomberg News bureaus - @FortuneMagazine

http://finance.fortune.cnn.com/2013/12/02/chinese-authorities-conduct-unannounced-inspections-of-bloomberg-news-bureaus/

Hey maybe you should just move your offices to Argentina..
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« Reply #88 on: December 02, 2013, 03:16:43 pm »

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at Bloomberg News bureaus in Beijing and Shanghai

I wonder which part of "your offices are located in communist China" they don't get?
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« Reply #89 on: December 05, 2013, 10:38:05 am »

China-themed 'city' proposed in New York’s Catskills

U.S. immigration officials are considering a proposal from Chinese investors to create a multibillion-dollar development in New York’s Catskills called "China City" -- raising concerns among critics about the potential cost to U.S. taxpayers and, according to one analyst, the possibility it could be a "stalking horse" for the Beijing government.

A spokesman from the U.S. Citizenship and Immigration Services told FoxNews.com that the proposal for Thompson, N.Y., has not been approved but is under consideration.

The mysterious proposed development appears to be a step beyond the types of ethnic enclaves scattered throughout U.S. cities, like the Chinatown sections of New York City or San Francisco. The 600-acre "China City of America" is located far outside New York City in upstate New York's wetlands and is a meticulously planned project, calling for family housing, a college and student residences, among other structures. In addition to needing federal approval, it would likely need a host of state and local permits before ground could be broken.

If approved, every province in China would have an office there and foreign investors funding the development would receive green cards for their $500,000 checks under the EB-5 program designed to lure foreign investment, according to the Center for Immigration Studies, a conservative organization staunchly opposed to the project.

A detailed report authored by David North, a fellow with the Washington-based group, claimed there is "a charge from within the Chinese community that China City is a stalking horse for the Chinese communist government in Beijing." He claimed he was told one group raised objections with the USCIS.

"It's a perfect storm of problems," North told FoxNews.com, citing what he called dubious job creation claims by the promoters as well as national security concerns. North noted that the developers claim 20 percent of the funding would come from U.S. taxpayers, which he said was a "pipe dream."

The China City Regional Center's website, though it includes little English, shows a section referring to federal funding. Under the section titled, "Phase 1 Investment Percentage," the website states, "US government investment total of $ 65 million accounting for 20%."

The site is affiliated with a Florida law firm, which could not be reached for comment.

The U.S. Citizenship and Immigration Services would not confirm such a funding request in the formal proposal and said Wednesday it does not disclose details of pending applications.

"The [China City] Regional Center is not approved. An application has been filed and it's still pending. A decision has not been made on it yet," Christopher Bentley, a spokesman for USCIS, told FoxNews.com.

"With all cases of a request for an immigrations service or benefit, we rely on the information provided and the law to reach a decision on whether it can or cannot be approved," Bentley said.

Local officials did not respond to requests for comment. But a videotape of a public meeting held in Thompson in May, available on YouTube, addressed the proposal and underscored the controversy surrounding the development. Supporters of the project, in an economically depressed area of Sullivan County, say they believe it would offer both a financial and cultural boon to the region.

"Families who invest in EB-5 program are normally influential and wealthy families from China. A lot of them are successful business owners or enterprisers. Most of those investors are highly educated and skilled in different fields," wrote one poster.

"I believe this is a big projects that can creates thousands of job opportunities," wrote another. "Such a precious opportunity to learn more about Chinese culture and beauty."

http://www.foxnews.com/politics/2013/12/04/massive-china-themed-city-proposed-in-new-yorks-catskills/
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