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Keyword: china

Brevity: Headers | « Text »
  • On The Coming Collapse Of Copper

    10/25/2014 10:47:46 AM PDT · by blam · 9 replies
    Zero Hedge ^ | 10-25-2014 | Tyler Durden
    Tyler Durden 10/25/2014 18 months ago we first brought the world's attention to the end of what has now been exposed as among the largest ponzi schemes in history - the Chinese Commodity Financing Deals (CCFDs) - pointing out how this meant commodities like copper were likely to come under pressure as firms liquidate what minimal holdings they had (and sell out futures hedges) to manage the risk of unwinds in these quasi-collateralized deals. Since then, copper prices have indeed plunged, as has global growth expectations and global bond yields as a realization that 'demand' implied by previous prices was...
  • As China Deploys Nuclear Submarines, U.S. P-8 Poseidon Jets Snoop on Them

    10/24/2014 8:23:02 PM PDT · by sukhoi-30mki · 10 replies
    The Wall Street Journal ^ | Oct. 24, 2014 | JEREMY PAGE
    OKINAWA, Japan—Swooping down to 500 feet over the western Pacific, Cmdr. Bill Pennington pilots his U.S. Navy P-8 Poseidon surveillance aircraft toward an unidentified vessel off southern Japan. In the back of the plane, a heavily modified Boeing 737, the crew homes in on the vessel using a barrage of surveillance equipment, including radar, GPS and infrared cameras. Further down the fuselage stand rows of tube-shaped sonar buoys that the crew can catapult into the sea and that float for up to eight hours as they track objects underwater. This is a dummy run: Today’s target is a Singaporean container...
  • China’s Submarine Fleet Adds Nuclear-Strike Capability, Altering Strategic Balance Undersea

    10/24/2014 9:14:14 AM PDT · by sukhoi-30mki · 2 replies
    The Wall Street Journal ^ | Oct. 24, 2014 | JEREMY PAGE
    One Sunday morning last December, China’s defense ministry summoned military attachés from several embassies to its monolithic Beijing headquarters. To the foreigners’ surprise, the Chinese said that one of their nuclear-powered submarines would soon pass through the Strait of Malacca, a passage between Malaysia and Indonesia that carries much of world trade, say people briefed on the meeting. Two days later, a Chinese attack sub—a so-called hunter-killer, designed to seek out and destroy enemy vessels—slipped through the strait above water and disappeared. It resurfaced near Sri Lanka and then in the Persian Gulf, say people familiar with its movements, before...
  • Scientists Discover First ‘Virological Penicillin’(Honeysuckle)

    10/24/2014 7:07:29 AM PDT · by tired&retired · 64 replies
    Sci-News.com ^ | 10/14/2014 | Natali Anderson
    Chinese researchers have discovered what they say is the first ‘virological penicillin’ – MIR2911, a molecule found naturally in a Chinese herb called honeysuckle. Honeysuckle (Lonicera japonica) is a well-known Chinese herb. In Traditional Chinese Medicine, it has been used to effectively treat influenza infection for centuries. Several previous studies have confirmed that the herb, usually consumed in the form of a tea, can suppress the replication of influenza virus. However, the active anti-viral components and the mechanism by which they block viral replication have remained unclear. Now, a team of researchers headed by Dr Chen-Yu Zhang of Nanjing University...
  • China opposes sending North Korea to int’l court

    10/23/2014 2:44:57 AM PDT · by Olog-hai · 4 replies
    Associated Press ^ | Oct 23, 2014 4:28 AM EDT
    China says it’s against referring ally North Korea to the International Criminal Court over its human rights record. The U.N. General Assembly’s human rights committee is considering a resolution calling on the Security Council to take that step, citing the North’s dismal and well-documented record of sprawling political prison camps, starvation and mass executions. …
  • Indian Air Force warns against using Xiaomi phones (Largest Chinese smartphone maker)

    10/22/2014 9:18:50 PM PDT · by sukhoi-30mki · 5 replies
    India Today ^ | October 22, 2014
    There have been privacy and security concerns around Xiaomi phones in the past but now Indian Air Force (IAF) is reportedly warning against using the devices manufactured by the Chinese company. According to a report by the Sunday Standard, the IAF has told its officers and their families not to use Xiaomi devices, citing security concerns. The IAF reportedly suggests that Xiaomi devices send data to an agency which reports to the ministry of information industry in China. The IAF, according to the report, issued the advisory on the basis of information obtained from the Indian Computer Response Team, which...
  • Kenny G doesn’t support Hong Kong protesters

    10/22/2014 8:26:24 PM PDT · by Olog-hai · 24 replies
    Associated Press ^ | Oct 22, 2014 10:47 PM EDT | Kelvin Chan
    Smooth jazz star Kenny G insisted Thursday he’s not a foreign provocateur supporting Hong Kong’s pro-democracy protests, after Beijing signaled its displeasure over his inharmonious visit and repeated concerns about meddling by external forces. The American musician created a stir when he tweeted Wednesday about his visit to the semiautonomous southern Chinese city, where thousands of student-led protesters have occupied streets for more than three weeks to press their demands for greater democratic reforms. …
  • Has Beijing Lost Taiwan for Good?

    10/22/2014 8:17:35 PM PDT · by 2ndDivisionVet · 13 replies
    The American Interest ^ | October 21, 2014 | Richard Rosecrance
    Taipei is very closely watching Beijing’s actions in Hong Kong—and so far it doesn’t like what it sees. The events of the past three weeks in Hong Kong have underlined two major points. First, Beijing’s policy has not changed. Second, China’s attempt to reintegrate Taiwan with the mainland has been postponed indefinitely—perhaps forever. Beijing’s preeminent leader, Xi Jinping, has refused to allow Hong Kongers to participate in the nomination process that is the first step in the selection of the next leader of the province. This does not surprise anyone in Taipei. Even though Beijing formally accepts the one country-two...
  • Shock Report: US Spends 30 Times More on Welfare Benefits Per Person Than Communist China

    10/22/2014 8:05:05 PM PDT · by 2ndDivisionVet · 14 replies
    Gateway Pundit ^ | October 22, 2014 | Joe Hoft
    When Deng Xiaoping took over China in the late 1970’s, China was a very poor country. One of the first things that Deng did was to allow individuals to acquire and maintain property. This capitalistic approach started one of the greatest economic transformations in world history. More people in China have been lifted from poverty in a shorter span of time than ever before in human history. Half a billion Chinese citizens have risen out of poverty due to China’s economic swing to capitalist policies!China still has its problems, but while the US is moving more and more towards a...
  • Half-billion dollar MBTA contract awarded to firm owned by Chinese gov(Mass...the RED line!)

    A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low. The Massachusetts Department of Transportation's board of directors voted unanimously to approve a contract with CNR MA Corporation to build 284 new subway cars. The new cars are needed to replace the Massachusetts Bay Transportation Authority's 32-year-old Orange Line trains and the 44-year-old Red Line cars that serve the...
  • The Death of Ben Bradlee

    10/22/2014 9:33:41 AM PDT · by AU72 · 13 replies
    The American Spectator ^ | Oct. 22, 2014 | Ben Stein
    I was staggered by something that had long been lurking in my old brain and now becomes crystal clear. But, here comes the best part: he was a spook (Bradlee), a full-scale CIA operative for much of his life. He worked for the CIA in Europe and throughout the world. Now, they say he did PR work for the Agency, and why not? But in Washington, we have a saying: Once CIA, always CIA. A brilliant man named Fred Thompson wrote about how Watergate was a giant CIA-organized frame-up of Richard Nixon by CIA people who hated him. But what...
  • NOAA employee charged with stealing U.S. dam information

    10/22/2014 8:19:15 AM PDT · by mojito · 28 replies
    Reuters ^ | 10/21/2014 | Steve Bittenbender
    A National Oceanic and Atmospheric Administration (NOAA) employee in Ohio has been charged with stealing sensitive information from a federal database for the nation's dams and lying about the breach to federal agents, prosecutors said. Xiafen "Sherry" Chen, 59, was arrested on Monday at the NOAA office in Wilmington, Ohio, about 50 miles northeast of Cincinnati, the U.S. Attorney's Office for the Southern District of Ohio said in a statement on Monday. Chen was charged with theft, illegally accessing a federal database and two counts of making false statements to investigators. She could be sentenced to up to 10 years...
  • Shanghai shipyard 'to build second Chinese designed aircraft carrier'

    10/22/2014 2:34:18 AM PDT · by sukhoi-30mki · 8 replies
    South China Morning Post ^ | Wednesday, 22 October, 2014 | Minnie Chan
    Work on China's second locally designed and built aircraft carrier will soon get under way at Jiangnan Shipyard, overseas reports says China will soon start building its second locally designed aircraft carrier in Shanghai, according to a Canadian report. Kanwa Asian Defence, an English-language monthly defence review produced in Toronto, said Shanghai's Jiangnan Shipyard was preparing to start work on the carrier. When completed, the carrier and another under construction in Dalian will give the PLA Navy two fully functioning, battle-ready aircraft carriers. The recently completed Liaoning, the refitted former Soviet carrier Varyag, is classed as a training platform, not...
  • China installs buoys in Pacific Ocean, report says

    10/22/2014 12:04:26 AM PDT · by wetphoenix · 3 replies
    China has installed 17 sets of submerged buoys in "key marine areas" of the western Pacific Ocean, state media said, a move that could exacerbate territorial tensions in the region. The mission carried out by the Chinese research vessel Kexue "marks the first time that China has put an array of submerged buoys on such a big scale", the official Xinhua news agency reported late Tuesday.
  • NSA Official: Snowden Abets Terrorists, Enemies Who Fight on the Grid

    10/20/2014 9:43:45 PM PDT · by TigerTown · 11 replies
    Radix News ^ | October 21, 2014 | Brett M. Decker
    The crown jewels of any intelligence organization are its sources and methods – the means by which information is obtained. I have no doubts that, thanks to Edward Snowden, Russia and China now have an extraordinary volume of data on NSAs sources and methods for collecting information from communications. That means they now know the weaknesses in their and other of our adversaries’ communications procedures and our strengths in exploiting them. And not just voice communications, but also radar, telemetry, missile and rocket command and response, military GPS locationing and weapons systems countermeasures. On far too many subjects, Russia and...
  • China-backed hackers may have infiltrated Apple's iCloud

    10/20/2014 7:36:36 PM PDT · by Citizen Zed · 17 replies
    Yahoo / Reuters ^ | 10-21-2014
    Apple Inc's iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign. Using a method called a "man-in-the-middle" (MITM) attack, unknown hackers interposed their own website between users and Apple's iCloud server, intercepting data and potentially gaining access to passwords, iMessages, photos and contacts, Greatfire.org wrote in its blog post. Greatfire.org, a group that conducts research on Chinese Internet censorship, alleged government involvement in the attack, saying it resembled previous attacks on Google Inc, Yahoo Inc and...
  • China’s Aircraft Carrier Trouble—Spewing Steam and Losing Power

    10/20/2014 4:28:09 AM PDT · by sukhoi-30mki · 24 replies
    War is Boring ^ | Oct 19, 2014 | Robert Beckhusen
    ‘Liaoning’ shut down during recent sea trials There’s no more of a conspicuous and potent symbol of China’s growing naval power than the aircraft carrier Liaoning. But the 53,000-ton, 999-foot-long carrier could be dangerous to her crew and prone to engine failures. If so, that makes the vessel as much of a liability as an asset to Beijing. The ex-Soviet carrier once went by the name Varyag until a cash-strapped Ukraine sold the ship to Beijing in 1998. The Chinese navy has since invested considerable resources into modernizing the warship and testing her at sea. But on at least one...
  • Fire exposes illegal Chinese factories in Italy

    10/20/2014 1:46:17 AM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Oct 20, 2014 1:55 AM EDT | Erika Kinetz
    The first thing the firefighters saw was the arm sticking out of the barred window on the second floor of the factory. Flames reached through the partially collapsed roof and a high column of smoke darkened the winter sky. This fire had been burning for some time. The fire station is two minutes from the Teresa Moda garment factory, on the edge of the main industrial zone of Prato, a town outside Florence. The zone was developed for Italian textile manufacturers in the 1980s but now is predominantly Chinese. […] Prato is the epicenter of a thriving, illicit Chinese economy...
  • The day China entered the nuclear age (50 years after 1st Nuke Test)

    10/19/2014 10:26:40 PM PDT · by sukhoi-30mki · 6 replies
    South China Morning Post ^ | Friday, 17 October, 2014 | Minnie Chan
    Fifty years ago, the world woke up to news the nation - then at odds with Moscow and Washington - had detonated its own atomic bomb China's first atomic test on October 16, 1964, in Xinjiang. Mao wanted to prove the nation was a global power. Photo: SCMP Pictures Fifty years ago yesterday, China detonated its first atomic bomb, joining the United States, Soviet Union, Britain and France as the only nuclear powers at the time. The explosion in Lop Nur in eastern Xinjiang paved the way for the nation's further development of nuclear weapons and its emergence as a...
  • Spotlight: China, U.S. exchange views ahead of Obama's visit

    10/19/2014 9:37:24 PM PDT · by Rabin · 1 replies
    Xinhua ^ | Oct. 19 | Staff
    State Councilor Yang Jiechi and U.S. Secretary of State John Kerry ahead of U.S. President Barack Obama's visit early next month, to China, to prep him for the Asia-Pacific Economic Cooperation (APEC) in Beijing. Chinese official said China welcomes Obama's visit and is willing to work with the U.S. side to make sure that the upcoming Xi-Obama summit will achieve positive results, The state councilor reiterated China's "clear, determined and consistent position" that realizing denuclearization of the Korean Peninsula..are in the common interest of China and the United States,"
  • Nobody Wants To Host The 2022 Winter Olympics — One Example From A College Prof. Tells You Why

    10/16/2014 2:51:47 PM PDT · by SeekAndFind · 47 replies
    Business Insider ^ | 10/16/2014 | Tony Manfred
    The bidding process for the 2022 Olympics was a disaster for the International Olympic Committee. Democratic nations are no longer buying the argument that hosting the games is a wise investment. Every potential 2022 host city with a democratic government eventually pulled out of the bidding, many over economic concerns, leaving Beijing and Almaty, Kazakhstan as the IOC's only two options. Academics have been saying for years that hosting the Olympics doesn't make economic sense. The costs are typically larger than expected, the infrastructure needed for a big sporting event isn't the same as the infrastructure needed for daily life,...
  • Nobody Wants To Host The 2022 Olympics — And One Example From A College Professor Tells You Why

    10/19/2014 6:52:38 PM PDT · by Dallas59 · 27 replies
    Yahoo ^ | 10/19/2014 | Yahoo
    The bidding process for the 2022 Olympics was a disaster for the International Olympic Committee. Democratic nations are no longer buying the argument that hosting the games is a wise investment. Every potential 2022 host city with a democratic government eventually pulled out of the bidding, many over economic concerns, leaving Beijing and Almaty, Kazakhstan, as the IOC's only two options. Academics have been saying for years that hosting the Olympics doesn't make economic sense. The costs are typically larger than expected, the infrastructure needed for a big sporting event isn't the same as the infrastructure needed for daily life,...
  • US, China vow to manage rifts ahead of Obama visit

    10/18/2014 8:58:52 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Oct 18, 2014 10:44 AM EDT | Matthew Lee
    The U.S. and China pledged Saturday to overcome mistrust, manage their differences and cooperate on key issues like combating terrorism and the spread of the Ebola virus as President Barack Obama prepares to travel to the Chinese capital next month. Meeting in Boston, Secretary of State John Kerry and Chinese State Councillor Yang Jiechi said the relationship between the two countries is mature enough to discuss disagreements while building on areas of shared interest. …
  • Activists want T bid derailed

    10/18/2014 6:15:43 AM PDT · by ConservativeStatement · 6 replies
    Boston Herald ^ | October 18, 2014 | Chris Cassidy
    Human rights and labor activists are voicing outrage that the Patrick administration could soon award a staggering $1.3 billion subway contract to a rail enterprise owned by the repressive Communist Chinese government, saying the deal would be a “terrible disgrace.” “If the left-leaning Massachusetts blue staters love to boycott things that break the wrong way on issues of rights, why does China get a pass on all of that?” said Tom Cushman, a human rights activist and professor at Wellesley College.
  • China likely to get Russia's newest missiles, fighters, submarines and high speed rail to Europe

    10/17/2014 7:41:29 PM PDT · by Navy Patriot · 21 replies
    Next Big Future.com ^ | October 16, 2014 | Staff
    To avert a recession, Russia is turning to China for investment, granting it once restricted access to raw materials and advanced weapons. Russia is likely to sign contracts for the delivery of S-400 missile systems and Su-35 fighter jets to China as early as the first quarter of next year, says Vasily Kashin, a China expert at the Centre for Analysis of Strategies and Technologies in Moscow. Russia may also supply China with its newest submarine, the Amur 1650, he says. The Amur class submarine is one of the latest Russian submarine designs. It is advertised as an export version...
  • Chinese Democracy: What's at Stake in Hong Kong

    10/17/2014 9:37:13 AM PDT · by TigerTown · 8 replies
    The Daily Caller ^ | October 17, 2014 | Brett M. Decker
    The increasingly heated standoff in the central business district of this Asian financial hub cannot last indefinitely. Eventually, something will have to give because there is no middle ground between the opposing sides: The people want the vote, and Beijing says they can’t have it. Practically speaking, Beijing cannot make an exception for Hong Kong without stirring up democratic sentiment across the rest of the world’s largest country. Reports from the ground that the People’s Liberation Army has reinforced its Hong Kong garrison indicate the government has no plan to yield. The Hong Kong tinderbox is relevant to America because...
  • Pat Buchanan: Might the Arabs Have a Point?

    01/16/2006 1:26:24 PM PST · by Hal1950 · 354 replies · 5,475+ views
    The American Conservative ^ | 16 January 2006 | Patrick J. Buchanan
    Karen Hughes, President Bush’s newest undersecretary of state for public diplomacy and the caretaker of America’s image abroad, has her work cut out for her. A Zogby survey of 3,900 Arabs in Morocco, Egypt, Saudi Arabia, Lebanon, Jordan, and the United Arab Emirates has uncovered massive distrust of U.S. motives in the Middle East. Unkindest cut of all, Arabs would prefer that President Chirac and France lead the world rather than us, and, rather than have us as the world’s lone superpower, they would prefer the Chinese. While Arabs are not as rabidly anti-American as in the aftermath of the...
  • Tiananmen 2.0: Beijing deploys troops to hammer Hong Kong democracy

    10/16/2014 7:35:35 PM PDT · by TigerTown · 12 replies
    Radix News ^ | October 16, 2014 | Radix News
    “Beijing is bulking up the military presence in Hong Kong,” a source on the ground told Radix News. “Under the cover of night, PLA troops are being sent over the border from the mainland. Why would they need an army in this peaceful place?” The short answer is that Chinese Communist Party officials view debate and protest as challenges to their authority, and the kneejerk authoritarian response to a challenge is to put it down. The threat of a harsher crackdown has been in the air since last month when security forces used tear gas and nightsticks to try to...
  • Recession in Russia, revolt in Venezuela? The knock-on effects of tumbling oil prices

    10/16/2014 4:04:48 PM PDT · by Lorianne · 14 replies
    Guardian UK ^ | 15 October 2017 | Alberto Nardelli, bunch of other people
    The sudden slump in oil prices, which have fallen 15% in the past three months, has sent tremors through the capitals of the world’s great oil powers, many of whom could face testing budget crunches if the tendency persists. Higher output coupled with weaker demand from China and Europe has driven the price of crude down to $85 – its lowest for four years. The US also now produces 65% more oil than it did five years ago following the boom in shale production. The rise has contributed to the global glut of crude and allowed the US to import...
  • As America Sleeps, China Conquers Latin America

    10/16/2014 6:22:20 PM PDT · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 10/16/14 | Michael Fumento
    America needs an intelligent, aggressive, integrated policy of discovering what its southern neighbors want and accommodating them so that all sides gain. Or soon that heat wave coming up from the south will be fire from the mouth of the dragon Bucaramanga, Colombia—Step aside, EU! China is set to become Latin America’s second-largest trading partner in two years. And 13 years later it will be king of the hill according to the journal China Policy Review. Yes, having locked up Asia and Africa, the ever-hungry Chinese dragon is salivating over what the U.S. at least used to consider its “back...
  • FBI warns of cyberattacks linked to China

    The U.S. Federal Bureau of Investigation issued a warning to companies and organizations on Wednesday of cyberattacks by people linked with the Chinese government. The advisory, issued privately, contains "information they can use to help determine whether their systems have been compromised by these actors and provides steps they can take to mitigate any continuing threats," according to an FBI statement.
  • Oil price drop threatens to hit Russia, Iran harder than sanctions

    10/14/2014 11:30:02 PM PDT · by Berlin_Freeper · 17 replies
    latimes.com ^ | October 13, 2014 | Paul Richter
    A drop in global oil prices, driven in part by a boom in U.S. shale oil production, is threatening to hit the economies of energy-exporting Russia and Iran harder than Western economic sanctions have done.
  • To confront US allies China needs 1,200 J-10B fighters: Russian media

    10/12/2014 3:18:15 AM PDT · by sukhoi-30mki · 2 replies
    Want China Times ^ | 2014-10-12
    China will need to produce about 1,200 fourth-generation fighters to be able to confront the air forces of Japan, South Korea and Taiwan, if the three nations are successful in their bids to acquire advanced American fighters, in any potential conflict, according to the Moscow-based Russian Military Analysis on Oct. 9. Even though Taiwan maintains close economic ties with mainland China, the Russian-language newspaper said that the Taiwanese government under the leadership of Ma Ying-jeou has not given up its intention of purchasing advanced fighters from the United States such as the F-16C/D and even the F-35. Japan and South...
  • Nyquist: American Politics and Psychology

    10/15/2014 1:59:56 PM PDT · by Greetings_Puny_Humans · 15 replies
    J.R. Nyquist ^ | 10/12/2014 | J.R. Nyquist
    American Politics and Psychology Commentary for 12 October 2014Perception of the truth about the real environment, especially an understanding of the human personality and its values, ceases to be a virtue during the so-called ‘happy’ times; thoughtful doubters are decried…. This, in turn, leads to an impoverishment of psychological knowledge, the capacity of differentiating the properties of human nature and personality, and the ability to mold minds creatively. The cult of power thus supplants those mental values so essential for maintaining law and order by peaceful means. A nation’s enrichment or involution regarding its psychological world view could be considered...
  • Ebola Update: China Develops Vaccine, Hopes For Early Approval

    10/15/2014 2:26:44 PM PDT · by SeekAndFind · 28 replies
    International Business Times ^ | 10/15/2014 | By Esther Tanquintic-Misa
    A Chinese pharmaceutical firm that has links with the country's military has developed an experimental Ebola drug. It is hoping federal authorities will immediately grant its approval so it can be marketed the soonest. Sihuan Pharmaceutical Holdings Group Ltd developed the drug called JK-05, along with the Institute of Microbiological Epidemiology, a part of the Academy of Military Medical Sciences. It has been approved but only for emergency military purposes. Sihuan also admitted during an investor call last week it has yet to undergo clinical trials. The firm said it is working to have the tests started, but if possible...
  • iPhone 6 blowout: Chinese pre-orders put at 20 million plus

    10/14/2014 6:59:30 AM PDT · by Enlightened1 · 40 replies
    Fortune ^ | 10/13/14 | Philip Elmer-DeWitt
    A reporter who has been tracking iPhone 6 and 6 Plus reservations in China for the past week estimated on Tencent QQ Monday that more than 20 million units were pre-ordered last weekend. His report is being picked up by DigiTimes and other Asian tech sites. If the 20-million figure is accurate — a big if — it would mean that five times as many iPhone 6s were pre-ordered in three days in one country as were the first weekend in 10 countries, including the U.S., U.K. and Hong Kong.
  • China Military Buildup Shifts Balance of Power in Asia in Beijing’s Favor

    10/13/2014 8:29:03 PM PDT · by lbryce · 3 replies
    Washington Beacon ^ | October 13, 2014 | Bill Gertz
    China’s decades-long buildup of strategic and conventional military forces is shifting the balance of power in Asia in Beijing’s favor and increasing the risk of a conflict, according to a forthcoming report by a congressional China commission. China’s military has greatly expanded its air and naval forces and is sharply increasing its missile forces, even while adopting a more hostile posture against the United States and regional allies in Asia, states a late draft of the annual report of the bipartisan U.S.-China Economic and Security Review Commission. As a result, “the potential for security miscalculation in the region is rising,”...
  • Military's Ebola mission: Edge out China in Africa?

    10/13/2014 7:58:28 AM PDT · by Enlightened1 · 15 replies
    10/12/14 ^ | 10/13/14 | Aaron Klein
    Crisis presents opportunity to achieve long-time Western goal For an administration that prides itself in never letting a crisis go to waste, the Ebola outbreak is seemingly offering the perfect opportunity to achieve a long-time Western goal – to build up a U.S. military presence in Africa in the face of growing Chinese investment and influence on the continent.
  • China, Russia Sign CNY150 Billion Local-Currency Swap As Plunging Oil Prices Sting Putin

    10/13/2014 6:08:02 AM PDT · by Enlightened1 · 6 replies
    Zero Hedge ^ | 10/13/14 | Tyler Durden
    While it is beyond a doubt that the primary catalyst for Europe's triple-dip recession has been the nearly two quarters and counting of escalating Russian sanctions that were supposed to solely harm Putin (because who could have possibly foreseen that plunging German exports to Russia would have a far greater impact on the export-driven German economy), the truth is that the Kremlin itself is starting to hurt, if not so much as a result of the European trade embargo but mostly due to crashing oil prices, which have been driven lower almost exclusively by Saudi Arabia as part of its...
  • U.S. Against Korean Aerobatic Team Performing in China

    10/12/2014 3:38:41 AM PDT · by sukhoi-30mki · 1 replies
    The Chosun Ilbo ^ | Oct. 10, 2014
    The Air Force's Black Eagles aerobatic team plans to take part in an air show next month in China's Guangdong Province, but the U.S. is trying to block the move citing the risk of exposing classified technology. The Black Eagles use T-50 trainer jets developed by Korea Aerospace Industries with technological support from Lockheed Martin. Korea needs U.S. approval in order to export the T-50 trainers and to fly the aircraft into “hostile” territories. A government source on Wednesday said the Black Eagles "have been preparing for some time to take part in the Zuhai Air Show next month, but...
  • As deadline looms, Kerry to attend talks on Iran nuke deal (trying to stall past another election?)

    10/08/2014 11:49:47 AM PDT · by Dave346 · 8 replies
    Times of Israel ^ | October 8, 2014, 8:43 pm | Bradley Klapper and Matthew Lee
    With Washington pressure rising, secretary of state heads to Vienna next week as target date for agreement on curbing Tehran atomic program nears America’s top diplomat is plunging back into Iranian nuclear talks, keeping one eye on the longtime US adversary and the other on political developments at home, as pressure rises in Washington for a deal ensuring the Islamic Republic cannot become a nuclear state. The prospect of a Republican takeover of the Senate means Secretary of State John Kerry will be on a tight leash with a late-November deadline approaching for an agreement. Kerry, European Union negotiator Catherine...
  • China cult murder trial: Two members sentenced to death

    10/10/2014 11:43:30 PM PDT · by goldstategop · 3 replies
    BBC News ^ | 10/11/2014 | BBC News
    A Chinese court has sentenced five cult members for beating a woman to death at a McDonald's restaurant in Shandong province last May. Two members were given death sentences, one was given a life sentence, and two were given 10 and seven-year jail terms. The victim was allegedly killed after she refused to give her phone number to the members, who tried to recruit her. The Church of the Almighty God cult is banned in China. However, it claims to have millions of members. 'A demon' Zhang Fan and her father Zhang Lidong were given death sentences by the Yantai...
  • Iran Slashes Oil Prices to Asia Following Saudi Cut, Lowest Level Since December 2008

    10/10/2014 5:58:40 AM PDT · by thackney · 21 replies
    Wall Street Journal ^ | Oct. 10, 2014 | BENOÎT FAUCON
    Iran has reduced its oil prices to Asia to its lowest level since December 2008, hard on the heels of a similar Saudi cut last week, people familiar with the pricing said Friday... The National Iranian Oil Co. has cut its light crude oil price for Asian deliveries in November to a discount of 82 cents a barrel below the Oman/Dubai benchmark, the people said. The cut, which compares to a premium of 18 cents in October, is identical to a Saudi reduction of $1 a barrel last week for the Arab Light grade to Asia....
  • Taiwan’s Largest and Most Advanced Research Vessel Has Sunk

    10/10/2014 11:46:41 AM PDT · by george76 · 18 replies
    gCaptain ^ | October 10, 2014 | Mike Schuler
    the Taiwanese-flagged ocean research and survey vessel, RV Ocean Researcher V, has sunk. The 2,700-ton Ocean Researcher V, or OR V, is the flagship research vessel of the Taiwan Ocean Research Institute (TORI), part of the National Applied Research Laboratories operating under the Ministry of Science and Technology for the Republic of China. The vessel is officially owned by National Science Council. ... the ship sank Friday night in the vicinity of the Penghu Islands, located in the Taiwan Strait between Taiwan and the China mainland ... The vessel was only delivered in August 2012 and had its maiden voyage...
  • Senators to Obama: Do Something About Hong Kong

    10/10/2014 1:53:44 AM PDT · by Cincinatus' Wife · 14 replies
    Roll Call ^ | October 9, 2014 | Steven Dennis
    A bipartisan group of senators from across the political spectrum—from Elizabeth Warren and Patrick J. Leahy to Ted Cruz and Marco Rubio—wants President Barack Obama to speak out and act to support Hong Kong’s democracy movement.They don’t specify exactly what they want Obama to do—they say “demonstrable, meaningful steps”—but note that a 1992 law “authorizes you to suspend trade and economic provisions should Beijing not provide sufficient autonomy for Hong Kong.”Leahy, the Vermont Democrat who is president pro tempore and Judiciary chairman, leads the letter with Sen. Roger Wicker, R-Miss., and Rubio.“The people of Hong Kong have sent a strong...
  • US report: China’s human rights record worsening

    10/09/2014 6:03:18 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Oct 9, 2014 8:19 PM EDT
    A U.S. report released Thursday says China’s human rights record has worsened in key areas over the past year and that limits on free speech and assembly are growing. The annual report by the Congressional-Executive Commission on China said the country has tightened restrictions on civil society, rights advocates, journalists and religious organizations. It added that President Xi Jinping has adhered “to the authoritarian model of his predecessors” since taking power last year. That model “poses a serious challenge to U.S.-China relations and China’s own development,” the report said. It recommended that the U.S. press for more freedoms in China,...
  • Putin's Rare Tiger In Danger After Defecting (to China)

    10/09/2014 12:23:25 PM PDT · by traumer · 14 replies
    A rare Siberian tiger released into the wild by Vladimir Putin earlier this year appears to have defected across the border into China. State media said the tiger, named Kuzia, had swum across the Amur River, most probably in search of food. Kuzia was one of three endangered tigers released under the president's supervision in a remote part of eastern Siberia in May. The tiger's tracking device picked him up close to China's Taipinggou nature reserve in northeastern Heilonjiang province, according to the official Xinhua news agency.
  • Waldorf-Astoria, sold to Chinese, longtime host to Chinese dignitaries

    10/08/2014 5:56:39 PM PDT · by SeekAndFind · 15 replies
    Los Angeles Times ^ | 10/08/2014 | Sean Silbert
    New York's Waldorf-Astoria hotel holds a special place for many Chinese visitors — starting at the very top. The diminutive Chairman Deng Xiaoping stayed at the hotel during his first trip to the United States in 1974, where then-Secretary of State Henry Kissinger threw a banquet in his honor. Deng’s handpicked successors Jiang Zemin and Hu Jintao followed his example, as have luminaries including Alibaba Group Chairman Jack Ma, who used the glamorous venue to launch his recent IPO roadshow, attracting hundreds of investors. The hotel has been sold to the Chinese, but the purchaser behind this week’s $1.95 billion...
  • China swoops in on Italy’s power grids and luxury brands

    10/08/2014 4:52:24 PM PDT · by TigerLikesRooster · 2 replies
    FT ^ | October 7, 2014 | Rachel Sanderson
    Last updated: October 7, 2014 8:10 pm China swoops in on Italy’s power grids and luxury brands By Rachel Sanderson in Milan EU debt crisis opened up periphery countries to Chinese investors Italy’s business elite – senior executives from blue-chip companies such as Telecom Italia and Vodafone plus high-ranking government officials – filled a renaissance palazzo across from Milan’s gothic cathedral this summer to court one of the country’s biggest foreign investors. Huawei, the Chinese telecoms equipment maker, opened its only microwave research and development centre outside China in Milan in 2008. The company, whose name means “splendid achievement” in...
  • China Overtakes US As World’s Largest Economy

    10/08/2014 2:01:33 PM PDT · by SeekAndFind · 73 replies
    Daily Caller ^ | 10/08/2014
    The Chinese economy just surpassed the U.S. economy to become the world’s largest in terms of purchasing power, according to the International Monetary Fund.The IMF measures economic strength by Gross Domestic Product (GDP) in both market exchange rates and average purchasing power, the latter being where China has overtaken the U.S. with a GDP of $17.6 trillion by the end of 2014 — 16.4 percent of the world’s purchasing power. The U.S. will close out the year with a purchasing-power adjusted GDP of $17.4 trillion, or 16.2 percent of the world’s total.Financial Times predicted the change in April and illustrated...