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Tag Archives: china
Joint Russia-China Naval Drills Kick Off After 2 US Warships Enter Taiwan Strait
Joint Russia-China Naval Drills Kick Off After 2 US Warships Enter Taiwan Strait Early this week Chinese media confirmed that Russian warships arrived in Qingdao, a port city in East China’s Shandong Province, at the start this week’s join China-Russia naval exercises. The Russian fleet included the Varyag guided missile cruiser, a submarine, two anti-submarine ships, a […]
$1 Billion In Iranian Crude Is Stranded At A Chinese Port
$1 Billion In Iranian Crude Is Stranded At A Chinese Port It’s no secret that Beijing has chafed at American audacity to try and dictate whom Chinese refineries can and can’t buy oil from. And in the latest example of just how aggravating the decision to end waivers for Iranian crude imports has been for […]
China’s Big Brother Social Control Goes to Australia
(Manan Vatsyayana/AFP/Getty Images) China’s Big Brother Social Control Goes to Australia Australia is preparing to launch its own version of the Chinese regime’s high-tech system for monitoring and controlling its citizens. The launch will be in Darwin, and will include systems to monitor people and their activity on their cell phones. The new system is […]
China Tries to Muscle in on Dollar as Dominant ‘Payments Currency,’ But It’s a Thankless Slog
China Tries to Muscle in on Dollar as Dominant ‘Payments Currency,’ But It’s a Thankless Slog Dollar Hegemony is a tough nut to crack. China is taking another baby step in promoting the internationalization of the renminbi and nibble on the hegemony of the US dollar: It’s pushing a proposal to add a pile of […]
China’s “JPMorgan” Hit By Sudden Debt Crisis As Cross-Default Chain Reaction Triggered
China’s “JPMorgan” Hit By Sudden Debt Crisis As Cross-Default Chain Reaction Triggered Ever since Beijing allowed private Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it’s been a one-way street of corporate bankruptcies, one which we profiled last […]
China & Buying Gold – Why?
China & Buying Gold – Why? QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis coming in 2021. China has continued to increase its gold reserves. You would please update on that development. Thank you PK ANSWER: Central banks […]
China’s Debt Bomb Is Back: Beijing Injects Most Ever Credit For Month Of March
China’s Debt Bomb Is Back: Beijing Injects Most Ever Credit For Month Of March One month ago, we asked if that was it for China’s “Shanghai Accord 2.0”? Turns out the answer was a resounding “no.“ As we noted at the time, one month after the PBOC injected a gargantuan 4.64 trillion yuan ($685 billion) into the economy […]
B-52 Bombers Conduct ‘Training ‘Mission’ With Japan Over East China Sea
B-52 Bombers Conduct ‘Training ‘Mission’ With Japan Over East China Sea Two Boeing B-52 long-range, subsonic, jet-powered strategic bombers recently conducted an “integration training” mission with the U.S. Navy and the Japan Air Self Defense Force (JASDF) over the East China Sea. A statement issued by the U.S. Pacific Air Force (PACAF) last month indicated that two B-52s departed […]
Where Is The World Headed?
Where Is The World Headed? Since 2016 the United States has been in the Russiagate box, a hoax created by the US military/security complex to prevent President Trump from normalizing relations with Russia. Normalized relations would devalue THE RUSSIAN THREAT, an orchestration that protects the $1,000 billion annual budget of the military/security complex. The Democratic Party, […]
China Sends Over 120 Troops To Venezuela In Defiance Of US Warnings
China Sends Over 120 Troops To Venezuela In Defiance Of US Warnings It doesn’t appear last Friday’s strong warning from national security adviser John Bolton for countries “external to the Western Hemisphere” to keep their militaries out of Venezuela had the intended effect. Bolton’s and other White House statements saying “Russia has to get out” […]
Is the World Already Multi-Polar?
Is the World Already Multi-Polar? A hefty case can be made that the Empire of Chaos currently has no allies; it’s essentially surrounded by an assortment of vassals, puppets and comprador 5th columnist elites professing varied degrees of – sometimes reluctant – obedience. The Trump administration’s foreign policy may be easily deconstructed as a crossover between […]
Beijing Orders 200 Ships To Spratly Islands, Provoking Panic In Manila
Beijing Orders 200 Ships To Spratly Islands, Provoking Panic In Manila What appears to be Beijing’s latest military flex in the South China Sea – the contested collection of shoals and reefs that plays a crucial role in global trade and also contains vast untapped gas reserves – has reportedly set off “alarm bells” in […]
The Reckoning
The Reckoning The big macro wheels are turning and everybody better pay very close attention. The Reckoning is coming. Best hope for a substantive China trade deal and a last minute save on Brexit to perhaps delay the inevitable: The Coming Recession. This week’s full frontal capitulation by the Fed has not only removed a key […]
More Frack Quakes Rattle Alberta, Cause Deaths in China
More Frack Quakes Rattle Alberta, Cause Deaths in China Regulator shuts down operations near Red Deer. Thousands protest in Sichuan. On Monday Albertans living around the oil-service city of Red Deer, got an early morning wake-up call – a 4.6 earthquake. Vesta Energy, a privately owned oil and gas company, halted its fracking operations west […]
Marines Seize Pacific Island As Training For War With China
Marines Seize Pacific Island As Training For War With China The 31st U.S. Marine Expeditionary Unit (31st MEU) seized a tiny island and airfield with special operations airmen and soldiers as part of a new island-hopping strategy. Last week, 31st MEU, backed by the 3rd Marine Division, 3rd Marine Logistics Group and 1st Marine Aircraft […]
