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“One Of The Worst Coverups In Human History”: MSM Attention Turns To Chinese Biolab Near COVID-19 Ground Zero

“One Of The Worst Coverups In Human History”: MSM Attention Turns To Chinese Biolab Near COVID-19 Ground Zero

In late January we asked whether a prolific Chinese scientist who was experimenting with bat coronavirus at a level-4 biolab in Wuhan China was responsible for the current outbreak of a virus which is 96% genetically identical – and which saw an explosion in cases at a wet market located just down the street.

For suggesting this, we were kicked off Twitter and had the pleasure of several articles written by MSM hacks regarding our ‘conspiracy theory’ – none of which addressed the plethora of hard evidence linked in the post. These are the same people, mind you, who pushed the outlandish and evidence-free Trump-Russia conspiracy theory for years.

Whether or not the virus was engineered (scientists swear it wasn’t) – it shouldn’t take Perry Mason to conclude that a virulent coronavirus outbreak which started near a biolab that was experimenting with — coronavirus — bears scrutiny. Could a lab worker have accidentally infected themselves – then gone shopping for meat at the market over several days, during the long, asymptomatic incubation period?

In February, researchers Botao Xial and Lei Xiao published a quickly-retracted paper titled “The possible origins of 2019-nCoV coronavirus” – which speculated that the virus came from the Wuhan biolab.

Now, mainstream outlets are catching on – or at least have become brave enough to similarly connect the dots.

Earlier this week, Fox News‘ Tucker Carlson suggested that COVID-19 may have originated in a lab.

And now, the Washington Times is out with a report titled “Chinese researchers isolated deadly bat coronaviruses near Wuhan animal market.”

…click on the above link to read the rest of the article…

Tucker Carlson: The WHO Helped China Cover-Up Coronavirus

Tucker Carlson: The WHO Helped China Cover-Up Coronavirus

And the U.S. media turned a blind eye.

Tucker Carlson exposed during a powerful monologue last night how the World Health Organization helped China cover-up the severity of coronavirus and how the U.S. media turned a blind eye.

The Fox News host noted how World Health Organization Director-General Tedros Adhanom “got his job with Chinese support after he covered up cholera outbreaks in his home country” of Egypt.

Tedros has denied the allegation, which centered around claims he had downplayed cholera epidemics in Ethiopia in 2006, 2009 and 2011 by passing them off as “acute watery diarrhea,” a symptom of cholera. 

The United Nations later said that more lives could have been saved if the epidemic had been accurately labeled as cholera.

Carlson then accused Adhanom of setting the standard for corruption within the WHO by congratulating China for its “speedy” response to coronavirus in late January despite widespread evidence that China covered up the outbreak for over a month, lied about its severity and then silenced whistleblowers who tried to warn the world.

“Everything you just heard him say there was a lie,” said Carlson, highlighting an Australian 60 Minutes piece which features an expert explaining how China knew human to human transmission of COVID-19 had happened back in December. 

Indeed, as we previously highlighted, on January 14th, the WHO was amplifying Chinese fake news that no human to human transmission of coronavirus had occurred.

…click on the above link to read the rest of the article…

China Shuts Down All Cinemas, As Scientists Fear Second Coronavirus Wave

China Shuts Down All Cinemas, As Scientists Fear Second Coronavirus Wave 

China spent most of March attempting to normalize its economy after several months of virus-related shutdowns. There were reports of retail stores opening, people going outside, virus cases declining, factories restarting, and even movie theaters reopening. 

The Hollywood Reporter noted that the government gave nearly 600 movie theaters across China the green light for phased reopening in the third week of March. Then by March 27, Beijing’s Film Bureau requested that all theaters go into lockdown. 

“This second closure will not be a one or two-week issue,” an executive at a major exhibition company told The Hollywood Reporter. “They are going to be even more cautious when they attempt to reopen again—and this will set us back a long time.”

The Chinese government did not explicitly cite the reason for the latest theater closings. Still, scientists are now warning that a second coronavirus wave could be arriving by the end of April: 

“It’s time to relax the lockdown, but we need to be alert for a potential second wave of infections,” says Ben Cowling, an epidemiologist at the University of Hong Kong.

Cowling warned that a second wave of the fast-spreading virus could hit China by the end of April. 

China’s large network of 70,000 movie screens were all shuttered in January because of the COVID-19 outbreak that started in December and has since infected 741,000 people globally and killed 35,114. 

Many Chinese theaters were closed on the weekend of the Chinese New Year, which is the most significant moviegoing time of the year. Box office sales in the country for the first two months were down $2 billion over the same period last year. 

…click on the above link to read the rest of the article…

Energy Collapse, Earnings Ennui, & Consumer Credit Cracks

Energy Collapse, Earnings Ennui, & Consumer Credit Cracks

Summary:

The energy sector has lost extraordinarily $1.15trn in market value this year as oil prices have plunged to almost unimaginable levels. 

In this equity update we provide investors with different ways to play the havoc in the energy sector. We also take a look at earnings this week with especially Carnival earnings being the most interesting to watch as the cruise industry is in a severe crisis due to COVID-19.

Lastly, we focus on consumer credit and the apparent weakness observed in China and how that could be a forewarning of what to come in the US and Europe. As a result we recommend investors to add Mastercard and American Express to their watchlists.

The global energy sector has been punched in the gut by first a slowing economy last year and then this year by an oil price war between Russia and Saudi Arabia. Making things worst the sector is now experiencing an abrupt 20% oil demand reduction equivalent to 20mn barrels a day or the entire consumption of the US. The oil futures curve is in steep contango as the active contract in Brent today went below $23/brl and stories have recently surfaced that physical oil is being transacted at $8/brl and oil storage is running out of capacity. As we talked about on our Market Call this morning the constraint on physical storage and ongoing demand destruction could push the front-end of oil futures down even further.

The current oil price creates extreme shareholder destruction with the MSCI World Energy Index losing $1.15trn in market value this year.

…click on the above link to read the rest of the article…

China Suffers Economic Double-Whammy As Current Global Demand Collapse Follows Earlier Supply Crash

China Suffers Economic Double-Whammy As Current Global Demand Collapse Follows Earlier Supply Crash

As the first quarter is about to close, many Chinese factories are still operating below full capacity, have been gradually ramping up production over the last several weeks as government data suggests the country’s pandemic curve has flattened.

But as Bloomberg notes, there is a serious problem developing, one where the virus crisis is locking down the Western Hemisphere, has resulted in firms from Europe and the US to cancel their Chinese orders en masse, triggering the second shockwave that is starting to decimate China’s industrial base. 

A manager from Shandong Pangu Industrial Co. told Bloomberg that 60% of their orders go to Europe. In recent weeks, manager Grace Gao warned that European clients are requesting orders to be delayed or canceled because of the virus crisis unfolding across the continent.

“It’s a complete, dramatic turnaround,” Gao said, estimating that sales in April to May could plunge by 40% over the prior year. “Last month, it was our customers who chased after us checking if we could still deliver goods as planned. Now it’s become us chasing after them asking if we should still deliver products as they ordered.”

A twin shock has emerged, one where China shuttering most of its industrial base from mid-January through early March, generated a supply shock. Now, as those Chinese firms add capacity, expecting to be met with a surge in demand from Western companies, that is not the case and is resulting in a demand shock. 

“It is definitely the second shockwave for the Chinese economy,” said Xing Zhaopeng, an economist at Australia & New Zealand Banking Group. The pandemic across the world “will affect China manufacturing through two channels: disrupted supply chains and declining external demand.”

…click on the above link to read the rest of the article…

“The Coming War On China”  –  Watch John Pilger’s Powerfully Relevant Documentary

“The Coming War On China”  –  Watch John Pilger’s Powerfully Relevant Documentary

“The aim of this film is to break a silence: the United States and China may well be on the road to war, and nuclear war is no longer unthinkable,” Pilger says in his 2016 documentary The Coming War on China, which you can watch free on Youtube here or on Vimeo here.

“In a few years China has become the world’s second-biggest economic power,” Pilger’s introduction continues. “The United States is the world’s biggest military power, with bases and missiles and ships covering every continent and every ocean. China is a threat to this dominance, says Washington. But who is the threat? This film is about shifting power, and great danger.”

As we’ve been discussing for years now, the relentless quest of the US-centralized empire-like power alliance for total world domination has put it on a collision course with the surging economic powerhouse of China which refuses to be absorbed into the imperial blob. The empire’s continued existence depends upon its ability to undermine China before it grows too powerful or the empire grows too weak to stop its ascent, at which point global hegemony becomes impossible and we are living in a truly multipolar world.

China has therefore always been the final boss fight in the global campaign of violence and domination by what Pilger calls the “empire which never speaks its name”. And the ramping up of anti-China narrative management by the US government indicates that we are being psychologically primed to accept this world-threatening confrontation, just as Pilger warned in 2016.

“The danger of confrontation grows by the day,” Pilger says.

…click on the above link to read the rest of the article…

European Coronavirus Deaths Pass China As Leaders Weigh Orders To Lock Down London & New York

European Coronavirus Deaths Pass China As Leaders Weigh Orders To Lock Down London & New York

Summary:

  • US deaths hit 114
  • Senate to vote on 2nd economic rescue bill
  • Iran reports another 147 deaths
  • Hong Kong reported 14 new confirmed cases
  • Brazil Senate Chief tests postiive
  • France case total nears 2,000, death toll passes 250
  • NYSE to close floor trading
  • McConnell promises vote on 2nd economic bailout package by Friday
  • Kudlow says US might capitalize troubled companies by buying stock
  • WHO declares virus “enemy of humanity”
  • State Department suspends visa services
  • Germany sees 1k new cases as total nears 10k
  • Kudlow says stimulus package should be $1.3 trillion
  • Merkel warns country facing biggest challenge since WWII
  • European Union seals borders
  • PM Johnson prepares ‘London Lockdown’ plan
  • Trump says China hasn’t asked the US to suspend tariffs
  • UAW succeeds in pushing Detroit automakers to shut down factories
  • UK reportedly about to close schools as Boris scrambles to catch up with policy U-turn
  • ECB holding emergency call over virus response
  • Facebook launches coronavirus website information center
  • France follows Germany by eliminating bank capital buffers
  • HUD suspends evictions
  • Cuomo bars NY companies from having more than 50%
  • Wal-Mart shares hit record high
  • US, Canada agree to close border
  • Cuomo says state “looking into” reports of Covid-19 cluster in Borough Park
  • White House now pushing to send 2 $1,000 checks to every American
  • Spanish Olympic Committee head says Tokyo Games should be postponed

*  *  *

Update (1715ET): Despite myriad misgivings, the Senate passed the first economy-focused coronavirus relief package on Wednesday. A couple hours later, Senate Majority Leader Mitch McConnell said a second stimulus bill (the third bill dedicated to fighting the virus) could be passed as soon as Friday, even as Mnuchin and Pelosi continue to haggle over the details.

…click on the above link to read the rest of the article…

Coronavirus Cases Near 200k After Record Jump In Confirmations As China, South Korea Report Sudden Resurgence: Live Updates

Coronavirus Cases Near 200k After Record Jump In Confirmations As China, South Korea Report Sudden Resurgence: Live Updates

With US equity futures limit-down again overnight, the novel coronavirus outbreak is beginning to feel like ‘Groundhog Day’.

And if the market’s performance isn’t enough to get readers doubting their own sanity, some of the novel coronavirus headlines hitting in the early morning and overnight just might do the trick. One day after Chinese health officials reported just a single case of Covid-19 that was transmitted domestically, President Xi has warned that “inbound” cases of the virus – ie foreigners traveling to China who are already infected – are placing China at risk for reinfection. So, after China infected the world, President Xi is warning that the world might soon reinfect China.

Overnight, Hong Kong reported 14 new confirmed cases – its largest single-day jump – after new cases slowed to a trickle in recent weeks. According to the SCMP, all except one of those cases was a foreigner bringing the virus back to HK.

Singapore and Taiwan, which were widely praised for acting swiftly to stamp out the virus via mandatory closures, travel restrictions and – as the NYT explained in a story published Wednesday morning – swiftly tracing and isolating contacts of the recently diagnosed. In South Korea, a spate of new clusters around densely populated Seoul has raised fears about another runaway outbreak, per the SCMP.

The KCDC reported 93 new cases on Wednesday, up from 84 a day earlier and 74 on Monday. The new cases took the total infection caseload to 8,413.

As Republican “deficit-hawks” like Lindsey Graham pushed back against the Trump Administration’s latest ‘helicopter money’ stimulus plan yesterday that will inject $1 trillion into the economy (on top of $300 billion in deferred tax payments)…

…click on the above link to read the rest of the article…

Black Swans, Dead Cats, Live Bats, and Goodbye to All That

Black Swans, Dead Cats, Live Bats, and Goodbye to All That


Had enough excitement yet? At least the stock markets are following an established script: the bubble pops, the elevator drops, for a while it stops… and then investments sink to the deepest sub-basement, where they linger for a long, long time. Hello, next great depression…. We know how that story goes, even if it hurts.

This corona virus is something else. It engulfs whole populations in a fog of confounding narratives. Is it no worse than a bad common cold, except for old folks already half-gone with chronic illness? Or does it really slam people even in the midst of life? Well, Wuhan hospital director Liu Zhiming, 51, went down two weeks ago, and gastroenterologist Xia Sisi, 29, and Dr. Peng Yinhua, also 29, and some prominent Iranian politicians, and lots of very sick healthcare workers from Korea to Italy. Whatever corona virus is, I’m not persuaded that it’s a hoax.

One monster banging around in that fog is the narrative that China started this thing simply to get rid of Mr. Trump. There’s a real baby-and-bathwater proposition. Would China, in effect, blow up its export economy for that, i.e. commit suicide? Because a lot of those prior arrangements will probably not come back — the manufacturing supply lines for this-and-that, the fabulous cornucopia of plastic goodies extruded from all those smoking factories and flushed out to the world, the whole glorious let’s-get-rich extravaganza that Deng Xiaoping kicked off forty years ago. It’s looking like the global economy is on the rocks, perhaps for good, as we knew it. Is China as plumb crazy as, for instance, America’s political Left?

…click on the above link to read the rest of the article…

Panic? You Haven’t Seen Anything Yet…

Panic? You Haven’t Seen Anything Yet…

One rule every preparedness expert should go by is to always be concerned when establishment authorities, the media and “shoe shine boys” start volunteering their “expert” opinions on why you should not be concerned about a particular danger.  The establishment most likely has an agenda to keep you passive, and the shoe shine boys are simply regurgitating what they hear from the media like good little robots.  These people are far too interested in whether or not you are preparing for a threat; in fact they seem hell bent on talking you out of preparation in general.  Why is that?

In the past two months I have seen an endless flow of mainstream news stories arguing first, that Covid 19 is nothing to worry, and second, that the public is “in a panic” over the virus. The first assertion is obviously ridiculous. With an official death rate of around 6% in Italy alone, I think we are starting to see what the Chinese government has been trying to hide as they continue to threaten their citizens with punishment for leaking “fake news” (FACTS) on the coronavirus. This event is not something to be taken lightly; it is a paradigm shifting scenario which will change the world forever.

The second assertion seems to be a calculated exaggeration; a form of reverse psychology. Keep telling people they are “panicking” when they are not and maybe they will go to the other extreme and passively do nothing at all just to avoid the label. I have to say, I don’t think people in this day and age know what a mass “panic” actually is, especially if their only point of reference is some empty toilet paper shelves at Costco.

…click on the above link to read the rest of the article…

Four Scenarios Of How Covid-19 Could Wreak Havoc On Global Economy

Four Scenarios Of How Covid-19 Could Wreak Havoc On Global Economy

The grave risks and dangers of a globalized world of interlocking supply chains over the last four decades is starting to be realized as the crash of China’s economy could cost the world $2.7 trillion. 

Bloomberg Economics says the shutdown of China’s economy could have severe implications for the rest of the world and lays out four scenarios of what could happen next: 

The first scenario is a plunge in China’s economy, with a modest spillover of economic damage in Asia Pacific countries, Europe, and the US. China is a source of demand for multinationals based across the world, and if China can reopen its economy as soon as possible, contagion can be minimized. The scenario says a “severe shock in the first half would be followed by recovery in the second. For the world as a whole, and major economies like the US, the impact would then be hard to see in the full-year GDP data.”  

The second scenario is the assumption that the Covid-19 outbreak worsens, and China’s economy remains disrupted with the hopes of a V-shape recovery transforming into a U-Shape dip, which would result in localized disruptions for Asia Pacific countries and Europe. 

“Even when factories are back to work, it’s not like all the problems are solved,” said Li Lei, the Made-in-China.com manager. “Many factories don’t have enough inventory… the supply chain obstacles cap production capacity.”

The scenario assumes Asia Pacific countries like South Korea and Japan, and European countries like Germany, France, and Italy, would experience supply chain disruptions because of the lack of parts sourced from China due to factory shutdowns. Bloomberg said in their calculations, this scenario would result in global growth at 2.3%, down from 3.1% pre-virus forecast. 

…click on the above link to read the rest of the article…

Coronavirus Can Stay In Air For 30 Minutes, Travel Twice ‘Safe Distance’ According To Study

Coronavirus Can Stay In Air For 30 Minutes, Travel Twice ‘Safe Distance’ According To Study

Aerosolized coronavirus can hang in the air for at least 30 minutes and travel up to 14 feet – approximately twice the “safe distance” recommended by health officials, according to SCMP.

The study, conducted by a team of Chinese government epidemiologists from Hunan province, also found that the virus can survive for days on a surface where respiratory droplets land.

The length of time it lasts on the surface depends on factors such as temperature and the type of surface, for example at around 37C (98F), it can survive for two to three days on glass, fabric, metal, plastic or paper.

These findings, from a group of official researchers from Hunan province investigating a cluster case, challenge the advice from health authorities around the world that people should remain apart at a “safe distance” of one to two metres (three to six and a half feet). –SCMP

The researchers warned that the virus could survive over five days in human feces or bodily fluids, and that it could remain floating in the air after a carrier had left a public bus

“It can be confirmed that in a closed environment with air-conditioning, the transmission distance of the new coronavirus will exceed the commonly recognised safe distance,” the researchers wrote in their paper, published in peer-reviewed journal, Practical Preventive Medicine.

“Our advice is to wear a face mask all the way [through the bus ride],” the researchers recommended.

They said the study proves the importance of washing hands and wearing face masks in public places because the virus can linger in the air attached to fine droplet particles.

Their work was based on a local outbreak case on January 22 during the peak Lunar New Year travel season. A passenger, known as “A”, boarded a fully booked long-distance coach and settled down on the second row from the back.

…click on the above link to read the rest of the article…

Shocking New Study Concludes That The “Best Case Scenario” For A COVID-19 Pandemic Is 15 Million Dead

Shocking New Study Concludes That The “Best Case Scenario” For A COVID-19 Pandemic Is 15 Million Dead

Over the past week, the number of confirmed cases of COVID-19 outside of China more than tripled once again.  Hopefully it is extremely unlikely that such a rapid growth rate will continue, because if it does, there will be more than a million confirmed cases outside of China just a month from now.  I don’t even want to imagine the level of fear that would cause, and needless to say that would be absolutely devastating for the entire global economy.  Of course if we do get to a million confirmed cases, there won’t be any way to keep it from spreading everywhere on the entire globe, and the ultimate death toll could be unimaginable.

According to the WHO, the current death rate for this outbreak is 3.4 percent, and many experts believe that it will continue to go higher.

That means that a whole lot of people will die if this virus cannot be contained somehow.

Researchers at a major university in Australia modeled seven different scenarios for how a COVID-19 pandemic might go, and in the “best-case scenario” the death toll was 15 million

New modeling from The Australian National University looks at seven scenarios of how the COVID-19 outbreak might affect the world’s wealth, ranging from low severity to high severity.

Four of the seven scenarios in the paper examine the impact of COVID-19 spreading outside China, ranging from low to high severity. A seventh scenario examines a global impact in which a mild pandemic occurs each year indefinitely.

But even in the low-severity model — or best-case scenario of the seven, which the paper acknowledged were not definitive — ANU researchers estimate a global GDP loss of $2.4 trillion, with an estimated death toll of 15 million.

A pandemic that kills 15 million people would change everything.

…click on the above link to read the rest of the article…

Surprise! China Is Using Covid-19 To Strengthen Its Mass Surveillance Of Citizens

Surprise! China Is Using Covid-19 To Strengthen Its Mass Surveillance Of Citizens

As a result of monitoring for coronavirus, the Chinese government is now requiring Chinese citizens to provide personal data, including travel and health conditions, via apps on their smartphone to the government. 

Based on the answers that citizens give to the apps, provided by Alibaba and Tencent, algorithms will try to decide whether or not the person is likely to have coronavirus. The apps then assign a red, yellow or green code to the person, depending on their risk of having the virus, according to Nikkei. If you get a red code, you have to self-quarantine or be quarantined in a facility for 14 days. 

And citizens can’t lie, because all of the answers they provide about things like hotel stays and travel are cross checked with the government’s data and smartphone location data. 

Several provinces also have “social credit” systems where people who lie (as well as smoke, jaywalk, etc.) wind up with lower “social credit scores”. More provinces are expected to implement similar systems soon.

It all rounds out a picture of Beijing increasing its mass surveillance over its citizens. The surveillance can be effective, as China has (supposedly) shown during this outbreak. But people must also consider how the surveillance can also be weaponized to combat mass protests and individual pursuits of justice, the Nikkei op-ed reminds us. 

“No Deal In Sight” – Oil Plunges After Russia Rejects Additional OPEC+ Cut

“No Deal In Sight” – Oil Plunges After Russia Rejects Additional OPEC+ Cut

Brent crude futures tumbled by more than 4% on Friday after Reuters reported that Russia had rejected steep production cuts by OPEC to prop up oil prices amid the Covid-19 outbreak triggering demand shocks in China and across the world. 

A high-level Russian source told Reuters that Moscow has no interest in backing an OPEC reduction that calls for extended cuts and would only agree to existing cuts that OPEC already agreed on. 

OPEC has held several days of talks in Vienna, Austria, backing an additional 1.5 million barrels per day (bpd). However, it has failed to bring Russia on board. OPEC wants non-OPEC to contribute 500,000 bpd to the overall cut. The new deal would mean OPEC+ would cut a total of 3.6 million bpd, a move that would hopefully lead to a rebalancing in the global oil market in the second half of the year. On Russain disappointment, Brent crude futures dropped to its lowest level since July 2017, trading at $47.70 a barrel, or down 4.5% on Friday morning.

Another source, this time with Bloomberg, said that Russia wants OPEC+ to sustain current output cuts until June. It would then be at that time where more data about market imbalances could be assessed and corrected, the person added. 

With Russia taking a “tough stance” on the proposed additional cuts, Commerzbank says Brent futures could extend declines to $40 per barrel. However, if Russia agrees to further cuts, Brent futures would jump to $60 in weeks. 

Goldman Sachs maintained its Brent price forecast of $45 per barrel in April. 

“Ultimately, a rebound in demand, not supply cuts, will be the necessary catalyst for a sustainable rebound in prices,” Goldman said. 

…click on the above link to read the rest of the article…

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