China | Battalion of Deborah

Posts Tagged ‘ China ’

Why China wants to dump the dollar

Why China wants to dump the dollar

by Chriss W. Street China’s Dagong credit rating agency on October 17th downgraded its United States sovereign credit rating to A- and maintained its negative outlook on America’s solvency. Dagong warned that despite Washington’s last-minute resolution of the debt ceiling deadlock, “The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and gross domestic product remains unchanged.” China’s official state-run news agency, Xinhua, reiterated its statements that because of the continuing risk of a U.S. debt default, it is “a good time for the befuddled world to start considering building a de-Americanized world.” This language is…

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Get your fiscal house in order: China warns US as Asia expresses concern for $1.3tn of investments

Get your fiscal house in order: China warns US as Asia expresses concern for $1.3tn of investments

‘Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline BY Ben Chu China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay. The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.…

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‘China is taking a leap forward to control world currency’

It is obvious that China is up to something hoarding gold like a dragon. In fact, it is taking a leap forward to control the world currency and to replace it with the yuan, Dr. Thorsten Pattberg, China expert at the Peking University, told RT. China is vowing to make more reforms, among them cutting red tape and establishing the yuan as a world currency. The 7th Annual Meeting of the New Champions is opening in the Chinese city of Dalian, the gathering has become known as a ‘summer Davos’. RT has talked to Dr. Pattberg about China’s prospects for…

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Frightening Pentagon report warns that China, North Korea and Iran will soon be armed with nuclear missiles capable of striking the United States

Frightening Pentagon report warns that China, North Korea and Iran will soon be armed with nuclear missiles capable of striking the United States

Military Build-Up: This is China’s latest Jin class SLBM – which will be capable of carrying up to 12 missiles capable of striking the United States with a nuclear strike from within Chinese territorial waters By James Nye A sobering assessment of the nuclear threat the United States faces over the next decade has been published – which has been jumped upon by supporters of the beleaguered missile defense shield. The Pentagon report states that China, Iran and North Korea are aggressively developing nuclear missiles capable of striking the United States and proliferation among these nations of technology is rife.…

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

By Bill Gertz – The Washington Free Beacon 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…

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US to arm Syrian rebels: Putin’s rebuke, Chinese “peace plan” mar Netanyahu’s Chinese trip

US to arm Syrian rebels: Putin’s rebuke, Chinese “peace plan” mar Netanyahu’s Chinese trip

Negative diplomatic ricochets are pursuing Israel in the aftermath of its air force attacks on Syria. In the first place, they are seen to have had no effect on Hizballah’s successful military intervention on the side of the Assad regime or the Syrian war at large. In the second, Israeli Prime Minister Binyamin Netanyahu, while in Shanghai, was given a sharp dressing-down by President Vladimir Putin Monday, May 6, a warning that Russia would not tolerate further Israeli attacks on Damascus and would respond.  Putin did not say how, but he did announce he had ordered the acceleration of highly…

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Hackers in China attacked the Times

Hackers in China attacked the Times

By NICOLE PERLROTH SAN FRANCISCO — For the last four months, Chinese hackers have persistently attacked The New York Times, infiltrating its computer systems and getting passwords for its reporters and other employees. after surreptitiously tracking the intruders to study their movements and help erect better defenses to block them, The Times and computer security experts have expelled the attackers and kept them from breaking back in. The timing of the attacks coincided with the reporting for a Times investigation, published online on Oct. 25, that found that the relatives of Wen Jiabao, China’s prime minister, had accumulated a fortune…

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Feinstein’s Gun Control Bill will trigger the next American Revolution

By Tyler Durden All political power comes from the barrel of a gun. The communist party must command all the guns, that way, no guns can ever be used to command the party - Mao Tse Tung After a shooting spree, they always want to take the guns away from the people who didn't do it. I sure as hell wouldn't want to live in a society where the only people allowed guns are the police and the military - William Burroughs Revolution? Yes, it all sounds rather “extreme”, but the cold hard reality of our era is not going…

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China demands U.S. citizens be disarmed

Government expresses strong dislike of National Rifle Association, attacks GOP (Breitbart) The official Chinese government news agency, Xinhua, has demanded the US immediately adopt stricter gun control measures to reduce the number of firearms the US populace is permitted to possess. The Chinese state-controlled media’s statement, titled “Innocent Blood Demands No Delay for US Gun Control,” is primarily focused on the Newtown tragedy in which 26 Americans were killed by a mad gunman. Twenty of the victims were young children. The Chinese government stated, “Their blood and tears demand no delay for the U.S. gun control.”

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Three central banks take action in sign of alarm

Three central banks take action in sign of alarm

China, the euro zone and Britain loosened monetary policy in the space of less than an hour on Thursday, signaling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Of the three, the surprise move was from Beijing which lowered its lending rate by 31 basis points to 6 percent following an interest rate cut just a month ago that also came out of the blue. The European Central Bank cut rates to a record low 0.75 percent following a dire run of economic data. But it steered clear of bolder moves…

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