Categories: China - page20

The war against the dollar continues Reuters has reported that Iran is requesting euros for all new and outstanding oil payments. Another nail in the dollar’s coffin: A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil […]

The effectiveness of Russian airstrikes has helped the regular Syrian army encircle the rebel-held countryside north of the contested city of Aleppo raising concerns that rebels could lose the war in Syria. The prospects send shivers up the spine of some countries that belong to the US-led coalition and are adamant in their desire to […]

Washington must be getting nervous with the latest announcement from Iran’s state-owned oil company, the National Iranian Oil CO (NIOC) which declared that Iran will replace US dollars with Euros for its oil trades according to a Reuter’s news article titled ‘Exclusive: Iran wants euro payment for new and outstanding oil sales – source’. Iran wants something (well almost […]

Today the interest of the international community to the events in the South China Sea has substantially decreased. The situation in Syria and the Middle East in general has ousted reports about the South China Sea from headlines of the world media. Meanwhile, the situation is literally on the verge of a serious military clash […]

In the area of finance and creation of new financial institutions much hope of many nations has been placed on China. Last year China played a catalytic role in helping establish a new BRICS Infrastructure Development Bank to finance infrastructure projects in select emerging economies. Soon after Beijing announced it was creating another Asian Infrastructure […]

For decades the US has sought to stitch together a united front stretching from Central Asia, across Southeast Asia, and even into East Asia itself to encircle and contain China. From the 70 year occupation of Japan, to the Korean and Vietnam wars, to the 15 year occupation of Afghanistan, to political meddling and attempted regime change […]

On January 30th the United States committed a deliberate act of aggression against China when it sent the guided missile destroyer USS Curtis Wilbur within the 12 nautical mile territorial limit of one of the Paracel Islands in the South China Sea. The islands are claimed historically by China, though Vietnam also has filed claims […]

Dr. Hudson discusses his paper, The IMF Changes Its Rules To Isolate China and Russia; implications of the four policy changes at the International Monetary Fund in its role as enforcer of inter-government debts; the Shanghai Cooperation Organization (SCO) as an alternative military alliance to NATO; the Asian Infrastructure Investment Bank (AIIB) threatens to replace the IMF and World Bank; the Trans Pacific Partnership Treaty; the China International Payments System (CIPS); WTO investment treaties; Ukraine and Greece; different philosophies of development between east and west; break up of the post WWII dollarized global financial system; the world dividing into two camps. A New Global Financial Cold War A nightmare scenario of U.S. geopolitical strategists is coming true: foreign independence from U.S.-centered financial and diplomatic control. China and Russia are investing in neighboring economies on terms that cement Eurasian integration on the basis of financing in their own currencies and favoring their own exports. They also have created the Shanghai Cooperation Organization (SCO) as an alternative military alliance to NATO.[1] And the Asian Infrastructure Investment Bank (AIIB) threatens to replace the IMF and World Bank tandem in which the United States holds unique veto power.

Final Tests Completed China’s Largest Rocket The Long March 5 is shown in this undated picture being tested at the Wenchang Satellite Launch Center in Hainan province.[Photo by Sun Hao/China Daily] Powerful, heavy-lift Long March 5 scheduled for first flight in September China recently concluded the final tests on its largest and most powerful rocket, […]

DPRK (aka, “North Korea”) has claimed that it successfully deployed an earth observation satellite into orbit, after its “long-range missile test” on Sunday… The rocket took off at around 12:30am GMT, according to the Joint Chiefs of Staff, which was tracking the flight path of the ballistic target. The US Strategic Command also detected and tracked the missile launch into space, Reuters reports. “NORAD determined that at no time was the missile a threat to North America,” the Strategic Command’s statement said. Several hours after the launch, the North announced that it had succeeded in placing a“newly developed earth observation satellite Kwangmyongsong-4” into orbit, KCNA reports. The satellite was launched aboard a “carrier rocket Kwangmyongsong” that blasted off from the Sohae Space Center in Cholsan County. The agency said that the satellite entered its preset orbit nine minutes and 46 seconds after the lift-off at 9:09am Korean time.

Russia reaps the rewards of dumping the dollar Russia is now the top crude exporter to China, the largest (or second largest, depending on whom you ask) oil demand growth country in the world. At the start of the decade, Saudi Arabia enjoyed a 20% share of Chinese crude imports, while Russia was lagging far […]

Here’s what you need to know about the Syria peace talks: Four of the most powerful militias currently operating in Syria have been excluded from the negotiations. The Islamic State (ISIS), Jabhat al Nusra, the Syrian Democratic Forces (SDF) and the Kurdish People’s Protection Units (YPG) have all been banned from the talks. What this means […]

Let’s start with the IMF «reform» which will be in full effect in a few weeks. Even this mini «reform» had been repeatedly vetoed by the Empire of Chaos. Washington still holds the largest quota and voting shares in the IMF, ahead of Japan. But now China is in the 3rd place and BRICS members Brazil, Russia and India are in the top ten. This does not spell out radical change though. The US government still refuses to implement a full reform that will end up reducing the IMF’s global power. China, meanwhile, advances with facts on the ground such as the Asian Infrastructure Investment Bank (AIIB), and the BRICS with their New Development Bank (NDB), a serious attempt at breaking the stranglehold of a fraudulent – and hyper exploitative – monetary and financial system.

The army and people of the DPRK are no longer what they used to be in the past when they had to counter the U.S. nukes with rifles–Rodong Sinmun, August 17, 2015 [Editor’s note: This article was originally written in February 16, 2013 and later in August 17, 2015 updated. The 4th Media believes this […]

North Korea’s Thermonuclear Test: Challenge to World or Path to Self-Preservation? The year 2016 began on a worrisome note on the Korean peninsula. There has been yet another nuclear test by Pyongyang, which will have fairly long-term consequences, will trigger yet another censorious Security Council resolution with an expanded package of sanctions, and will also […]

Improving the US-North Korea Relations Not in Obama’s Agenda (but the China-focused US Military Buildup in the Korean peninsula is a priori) Ratcheting up the DPRK as “an enduring pariah/a useful demon” provides United States a rationale for placing Korean Peninsula on a permanent war footing where Americans can do anything they want on the […]

In an analysis of the new global game, emerging in the post-Cold War period, it is of utmost importance to identify its main players, their purposes (which can generally vary in time) and strategies to achieve them, which are also subject to changes. This is particularly important in the face of emerging obvious signs of […]

Let us all work together and hope and pray that the Obama Crash of 2016 does not turn into the Obama Global Depression of 2016 The world press is filled with violence and sexual attack horror stories about the Islamic refugees escaping from Syria and other war torn countries of the Middle East to Greece and consequently flooding into all areas of Europe. It is actually very easy to travel from Syria to Lebanon and then take the ferry to Turkey and from there to Greece and subsequently the mainland overland to Europe. This is now big business organized like a one-way tour package from the Middle East to Europe.
Although there obviously are some ISIS fighters and Islamic militants slipping into Europe under cover of the humanitarian crises most are simply Sunni Moslems escaping the poverty, death and destruction of foreign military intervention in the region.

US policymakers have long conspired to broker what would be meant to appear as a historic deal with the political order in Tehran. It would be a deal almost unreasonably compromising for the United States, in order to enhance the illusion that the West sought every means to integrate Iran peacefully back into the “international community” before resorting to armed and direct military aggression. Knowing that Iran will never exist within Washington, Wall Street, London, and Brussels’ “international order” as an obedient client state, a prescription for regime change in Tehran has long been formulated. Best summarized in the 2009 Brookings Institution paper titled, “The Path to Persia: Options for a New American Strategy toward Iran” (.pdf), this regime change formula includes absolutely everything from economic sanctions and US-backed political upheaval, to the use of terrorism and proxy war to undermine and overthrow Iranian sociopolitical stability and eventually the Iranian state itself.

The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008. Yet there will be. And the stage is already set for it. Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi […]

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