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Beijing Hints At Bond Attack On Japan
The Telegraph (UK) ^ | 9-19-2012 | Evans Ambrose-Pritchard

Posted on 09/19/2012 5:09:31 AM PDT by blam

Beijing Hints At Bond Attack On Japan

The Telegraph (UK)
Evans Ambrose-Pritchard

A senior advisor to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalise the disputed Senkaku/Diaoyu islands in the East China Sea.

Jin Baisong from the Chinese Academy of International Trade – a branch of the commerce ministry – said China should use its power as Japan’s biggest creditor with $230bn (£141bn) of bonds to “impose sanctions on Japan in the most effective manner” and bring Tokyo’s festering fiscal crisis to a head.

Writing in the Communist Party newspaper China Daily, Mr Jin called on China to invoke the “security exception” rule under the World Trade Organisation to punish Japan, rejecting arguments that a trade war between the two Pacific giants would be mutually destructive.

Separately, the Hong Kong Economic Journal reported that China is drawing up plans to cut off Japan’s supplies of rare earth metals needed for hi-tech industry.

The warnings came as anti-Japanese protests spread to 85 cities across China, forcing Japanese companies to shutter factories and suspend operations.

Fitch Ratings threatened to downgrade a clutch of Japanese exporters if the clash drags on. It warned that Nissan is heavily at risk with 26pc of its global car sales in China, followed by

(snip)

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: News/Current Events
KEYWORDS: bonds; china; japan; war

1 posted on 09/19/2012 5:09:38 AM PDT by blam
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To: blam
Crowd Attacks The US Ambassador In Beijing
2 posted on 09/19/2012 5:15:03 AM PDT by blam
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To: blam
"Bond attack" starring Daniel Craig.

http://www.youtube.com/watch?v=pDJ9JtzsmOo

3 posted on 09/19/2012 5:19:49 AM PDT by PapaNew
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To: blam; Allegra; big'ol_freeper; Lil'freeper; TrueKnightGalahad; blackie; Cincinatus' Wife; ...
Re: Beijing Hints At Bond Attack On Japan

你好日本,我的名字是債券... 毛澤東澤債券

Or as you say in English: Hello Japan, my name is Bond... Mao ZeBond

4 posted on 09/19/2012 5:22:24 AM PDT by Bender2 ("I've got a twisted sense of humor, and everything amuses me." RAH Beyond this Horizon)
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To: blam

I hope Turbo Tax Timmy Geitner is paying attention...


5 posted on 09/19/2012 5:33:07 AM PDT by Kozak (The means of defence again.t foreign danger, have been always the instruments of tyranny at home JM)
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To: Kozak

Paying attention? He’s probably the one who suggested it to them.


6 posted on 09/19/2012 5:36:08 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Kozak

i hope all americans are paying attention because this is what the chinese are going to try on us after theyre done with asia


7 posted on 09/19/2012 5:37:31 AM PDT by jneesy (rough seas make skillful sailors)
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To: blam

China’s true colors are shining through. The rest of the world (execpt most of Africa because they are too stupid and greedy) will start to pull back from doing business with China. India and the rest of S. Asia will benefit greatly.


8 posted on 09/19/2012 5:44:04 AM PDT by WellyP (question!)
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To: jneesy

‘zackly.
We’re next.


9 posted on 09/19/2012 6:03:44 AM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: DuncanWaring
China’s (Severe) Corporate Cash Crunch, Illustrated
10 posted on 09/19/2012 6:06:05 AM PDT by blam
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To: WellyP

“China’s true colors are shining through. The rest of the world (execpt most of Africa because they are too stupid and greedy) will start to pull back from doing business with China”
______________________________________________________________________________________________

The executives in Bentonville, AR don’t care. They are trying to convince Shaka Zulu to convert our carriers into big container ships, so that the supply if ChiCom crap continues without interruption.

But Shaka said no. He wants to use the carriers as big
movable homeless shelters for the Occupy pukes.


11 posted on 09/19/2012 6:23:28 AM PDT by NeverForgetBataan
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To: NeverForgetBataan

And my friend Matt wants me to believe that China is not a threat to the world, but rather the United States is? Limeys...


12 posted on 09/19/2012 1:45:40 PM PDT by caldera599
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