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China

Wal-Mart imports more than $15 billion worth of goods from China anually

 

WorldChanging, Green Cities, Arup 

PROGRESSIVE  REFERENCE CONSERVATIVE / COMMUNIST
  • WMR The U.S. government's bail out of insurance giant American International Group (AIG) comes as no surprise to intelligence community insiders. In fact, AIG has been at the center of a number of CIA operations for decades. The federal government's $85 billion "bridge" loan to AIG essentially makes the United States government an 80 percent stakeholder in AIG, a move that will prevent external players from peering into AIG's myriad intelligence operations on behalf of the CIA, according to an insider who has followed AIG's overseas operations for a number of years.  ...   The CIA's analysts who concentrate on Asia have also enjoyed routine access to a huge AIG database maintained in San Francisco. AIG's new building in Hong Kong was intended to be a major outpost for CIA agents assigned the China "beat." However, Chinese intelligence succeeded in thoroughly wiring the building with surveillance systems and AIG's China operations were blown. Chinese intelligence could not believe how sloppy Greenberg and the CIA were in handling the Hong Kong operation." more search terms: Henry Kissinger,  Elliot Spitzer, Maurice 'Hank' Greenberg, Cornelius Vander Starr, Kenneth Starr uncle, C. C. Starr & Company, Clinton, Greenberg CIA head?,  AIG goes back to OSS days, National Intelligence Council, Asia beginings of AIG, close to Beijing, NOC, AIG Hong Kong is CIA outpost, bugged by Chinese, ... Coral Re of Barbados, Starr Foundation
 
Shanghai Cooperation Agreement
PROGRESSIVE REFERENCE ECONOMIC FUNDAMENTALISM*
  • BBC  "China has signed an agreement to buy oil and gas from Iran and to develop Iran's Yadavaran oil field"
  • Energy Bulletin
  • Falls Church News Press  Peak Oil
  • G8.fr
  • Interactive Investor, China / Iran Oil deals...and Middle East
  • National Alliance for Democracy and Reconstruction of Iran
  • Political Theory Daily Review  Organizations, people, publications, scholarship, weblogs
  • notes "BEIJING (Reuters) - China and Iran could sign a multi-billion dollar agreement on developing a major oilfield in Iran as early as next month, the semi-official Caijing Magazine said...... cited Mu Shuling, an executive at Sinopec Corp. (0386.HK), as saying a delegation of the National Development and Reform Commission, China's economic-planning body, could go to Iran as early as March, where the two could sign a deal on jointly developing the Yadavaran field in southern Iran.   The deal, which the magazine said could be worth as much as $100 billion in gas and oil sales and field development costs, follows a memorandum of understanding signed in October 2004. Negotiations over Iranian oil projects often drag on for years

 

 

 

Shanghai Cooperation Agreement
PROGRESSIVE REFERENCE ECONOMIC FUNDAMENTALISM*

 

Currency, Credit Markets  and Trade
PROGRESSIVE  REFERENCE CONSERVATIVE / COMMUNIST
  • Asian Development Group politi
  • Exchangerate  currency, graphs, info
  • China Economic.Net politics, sci&ed, culture, Asia, Africa, EU, Middleeast
  • July 2005, unpegged yuan from dollar, now pegged to basket of currencies.  China has only used free-market capitalism when it suits its own needs.  Won't join NAFTA or CAFTA 
  • China's economic surge came from government funding of rural cooperatives, behind high trade barriers.
  • US trade deficit to China $160 billion.
  • CNN Money "Hong Kong shares fell on expectations that a Chinese investment programme, dubbed the 'through train', which will allow mainland citizens to trade Hong Kong stocks directly, will be further delayed after Chinese Premier Wen Jiabao set four conditions for its implementation.
Environment, Resources
PROGRESSIVE  REFERENCE CONSERVATIVE / COMMUNIST
  • A Better Earth Alternative Approaches to Environmental Concerns. search: China.
  • Global Response These are some of the environmentally and socially destructive projects in the world.
Tibet
PROGRESSIVE  REFERENCE CONSERVATIVE / COMMUNIST
  • CNN "The Dalai Lama's representatives in India, where he has lived in exile since 1959, have denied Beijing's charges of his complicity in deadly riots that swept Tibet's regional capital on March 14 and urged Beijing to allow an international probe.  But China's Ministry of Public Security said it had arrested "key members" of an underground network in Lhasa working in concert with overseas pro-Tibet independence groups to spark a "Tibet People's Uprising Movement."  "We now have sufficient evidence to prove that the Lhasa incident is part of the Tibetan People's Uprising Movement organized by the Dalai clique. Its purpose is to create crisis in China by staging coordinated sabotage activities," ministry spokesman Wu Heping told the news conference.  "To our knowledge, the next plan of the Tibet independence forces is to organize suicide squads to launch violent attacks."  Wu linked the recent unrest with gatherings of Tibetan rights groups last year and in January, saying that the Tibetan Youth Congress and other participants set down a blueprint to disrupt the Olympics and stir insurrection in Tibetan areas."
Taiwan
PROGRESSIVE  TAIWAN  MAINLAND CHINA
  • China Daily  main China daily, 
  • China Eurasia Forum  see CSIS, archive, resources, about.
  • Peoples Daily  main China daily, 
  • Peoples Daily  China daily, 
  • Premier Wen Jiabao
  • Sound Dollar  member list available
  • US-ASEAN USAEN Business Council
  • Xinhua News Agency
  • Any Muslim that says that if your not a Muslim you should be killed is the same as a Bush conservative that can lie to mislead a country into war and kill millions of people throughout the 20th and 21st centuries under the guise of 'freedom'.
Wal-Mart
PROGRESSIVE  TAIWAN  CONSERVATIVE / COMMUNIST
THE CHINA SYNDROME, GoldSeek and By: Jim Willie CB, GoldenJackass.com
These are truly significant signposts, without precedent in modern history. The Chinese had been rumored to delink their yuan currency for so long that many within the mainstream doubted the event would ever occur. They did. Now the big rumor is that the Chinese are busy cleaning up their banking system in a preliminary maneuver to set up a gold-backed currency. They pursue the optimal currency index to store their vast horde of reserves, which are expected to top $1 trillion sometime this year. Their piggy bank has just surpassed Japan’s horde, over $850 billion in size. The next two key events are the foundation of the new pan-Asian credit market and the new payment system for international commerce in an indexed currency. The Asian credit market is in its formative stages. They are deciding up on a currency, and believe an index is most appropriate. Squabbles continue, like inclusion of the Taiwan Dollar. Beijing holds some sway in this region, still resentful of Taipei’s independence. Look for the Chinese yuan (based in an index) to take over in the Asian credit market denomination choice. Also, expect major major major hostility and resistance and objection and sabotage from the US authorities. International commerce, like for oil or copper or iron ore or coal or grains begs for reform in its payment system. The Asian Development Group has suggested a currency index for large scale commodity purchase settlements. The Chinese yuan is the natural choice, an evolution which seems to benefit from their route for a managed practical currency index. 

By its evolution as a balanced global index based upon Asian trade, the yuan is walking a clever path to displace the USDollar without the direct “in your face” challenge and insult to the United States. Any elevation and hoist of the yuan on a global platter of respectability and utility is an implicit supplant of the USDollar, a push off the table. Such evolution is monstrously bullish for gold, and such movement is very early, even embryonic. We are in the preliminary, not advanced, stages of removal of the USDollar from its place as world currency, from its place as the only petro-currency. Gold stands as the hidden “anti-US$” in function. In time, the yuan will serve that important role. In the tumultuous process, gold will gain respect, rise in value, and take center stage. Some foresee a time when both the Chinese yuan and the Russian ruble currencies are gold-backed.

....

CHINA FLOATS, AMERICA SINKS YUAN KICKS DOLLAR BUTT BY REJECTING "FREE MARKET" Friday Jul 22, 2005 by Greg Palast Greg Palast

In case you haven't the least idea what the heck it means for China to "float" its currency, let me put it in the language we economists use: China's float don't mean squat. Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here, ran out to hail the fact that buying Chinese money will now cost more dollars. The White House line to the media, swallowed whole, is that by making Chinese money (yuan) more expensive to buy with dollars, Americans will buy fewer computers and toys from China -- and US employment will rise. This will happen when we find Saddam's Weapons of Mass Destruction. Economics Lesson #1: You can't change the value of goods by changing the value of the currency on the price tag. As my comrade Art Laffer wrote me, "If cheap currency makes your products more competitive, all automobiles would be made in Russia." Driven a Lada lately? Economics Lesson #2: Don't take economics lessons from George Bush. Or Milton Friedman. Or Thomas Friedman. What that means, class, is don't believe the big, hot pile of hype that China's zooming economy is the result of that Red nation's adopting free market economic policies. If China is now a capitalist free-market state, then I'm Mariah Carey. China's economy has soared because it stubbornly refused the Free – and Friedman-Market mumbo-jumbo that government should stop controlling, owning and regulating the industry. China's announcement that it would raise the cost of the yuan covered over a more important notice: China would bar foreign control of its steel sector. China's leaders have built a powerhouse steel industry larger than ours by directing the funding, output, location and ownership of all factories. And rather than "freeing" the industry through opening their borders to foreign competition, the Chinese, for steel and every other product, have shut their borders tight to foreigners except as it suits China’s own industries. China won't join NAFTA or CAFTA or any of those free-trade clubs. In China, Chinese industry comes first. And it's still, Mssrs. Friedman, the Peoples’ republic. Those Wal-Mart fashion designs called, chillingly, "New Order," are made in factories owned by the PLA, the Chinese Peoples' Liberation Army. In an interview just before he won the Nobel Prize in economics, Joe Stiglitz explained to me that China's huge financial surge -- a stunning 9.5% jump in GDP this year -- began with the government's funding and nurturing rural cooperatives, fledgling agricultural and industry protected behind high, high trade barriers. It is true that China's growth got a boost from ending the bloodsoaked self-flagellating madness of Mao's Cultural Revolution. And China, when it chooses, makes use of markets and market pricing to distribute resources. The truth is, Chinese markets are as free as my kids: they can do whatever they want unless I say they can't. Yes, China is adopting elements of "capitalism." And that's the ugly part: real estate speculation in Shanghai making millionaires of Communist party boss relatives and bank shenanigans worthy of a Neil Bush. It is not the Guangdong skyscrapers and speculative bubble which allows China to sell us $162 billion more goods a year than we sell them. It is that China's government, by rejecting free-market fundamentalism, can easily conquer American markets where protection is now deemed passé. And that is why the yuan has kicked the dollar's butt. America’s only response is to have Alan Greenspan push up real interest rates so we can buy back our own dollars the Chinese won in the export game. The domestic result: US wages drifting down to Mexican maquiladora levels. Am I praising China? Forget about it. This is one evil dictatorship which jails union organizers and beats, shackles and tortures those who don't kowtow to the wishes of Chairman Rob -- Wal-Mart chief Robson Walton. (Funny how Mr. Bush never mentions the D-word, Democracy, to our Chinese suppliers.) Class dismissed.

  • 1715 British East India Company opens its first trading office in Canton; China begins trading in opium.  1729 Emperor Yung Cheng prohibits opium smoking in China.  1787 British Secretary of State Dundas proposes that Britain storm China and create more of an opium market to suppress the Chinese people.  1796 Edict of Peking forbids import of opium into China.  1823 Samuel Russell, second cousin to Skull & Bones founder William H. Russell, establishes Russell & Company. Its business was to acquire opium from Turkey and smuggle it into China, where it was prohibited, under the armed protection of the British.  1830 Britain imports 18,956 chests of opium to China. Opium becomes the largest commodity in world trade.  1836 Britain imports 30,000 chests of opium to China.  1840 First Opium War in China, as Chinese protest British import of drugs.  1843 Port of Shanghai opened to foreign trade. The first lot in the port is rented by Britains Jardine Mathieson & Co. Other lots are rented by Sumuel Russell, an American representing Baring Brothers. Captain Warren Delano (FDRs grandfather) becomes a member of the Canton Regatta Club, and enters into dealings with the Hong Society. Delano founds his fortune on opium trafficking into China, and later becomes the first vice chairman of the US Federal Reserve Board.  1906 China and Britain agree to reduction of opium production.

   CIA / Contra drugs cover-up, Hitz Report

 

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