Blinky's trip to China achieved nothing. China is not
going to cut off trade with Russia, nor is China cutting industrial
overcapacity. China even warned Blinken that it is either 'co-operation
or confrontation' on the cards. In other words, China is ready to work
its way around the financial sanctions that Yellen had threatened
earlier.
Any financial sanctions against Chinese Banks will
backfire. China's trade with partners will, in the face of such
financial sanctions, be all denominated in Yuan, putting additional
pressure on the US$ and assisting de-dollarization. It is going to make
the Yuan more prominent in China's trade with the Global South and other
countries in BRICS. Russia has shown China that sanctions on its banks
and cutting off its relations with the Western banking system have not
stopped Russia from growing.
Could this escalate into what the
West is doing with Russian assets in Europe and USA? There are
indications that this might happen as the USA is desperate and at a loss
as to how to deal with China. China sold off another US$22.7 billion of
its treasury holdings in February 2024, bringing down its holdings to
US$775 billion.
Countries and Investors are watching closely the
US$300 billion belonging to Russia, that the West has frozen and
threaten to confiscate, and any attempt to officially seize it is going
to have serious consequences for the USA. Even more consequential is
when the USA and the West starts to do the same to China's assets in the
West, which will likely trigger the demise of the US$. No country
outside US allies will ever again want to invest in US treasuries and
assets in the USA and the West. And some of those countries will instead
park their reserves in Chinese banks and institutions.
Prepare for an elephant fight that the rest of the world will suffer in one way or another.
My Singapore News
This was taken inside the Kai Yuan Temple in Quanzhou during my recent trip to China. The girls were tourists visiting the city.
4/27/2024
Blinken's trip achieved nothing
Democrazy is toxic - Lawless America abusing the rule of law
Has TikTok committed any offence or crime in the USA or anywhere in the wAorld? The answer is a big NO. But the American Senate has found TikTok guilty on 23 Apr and ruled that TikTok must divest its business or be banned in America. What happened to the innocent till proven rule basic principle of rule of law? TikTok is guilty without committing any crime, without violating any laws, but presumed that it would commit crimes in the future, that it would pass data to China through an unproven software supposedly embedded in its app. Does anyone find this horrifying? Not in the terrorist state of the USA run by a bunch of gangsters in Washington. They write the law, they interpret the law and they judge as they deemed fit. The is lawless America hiding under the guise of rule of law.
Guilty without the need to proof. Guilty as defined by the Washington gangsters. The same distorted principle was applied to Huawei. Guilty by association, with no need to prove and no need to commit any offence. Huawei was banned from installing its equipment and selling its mobile phones in the USA on the assumption of guilt that it is a threat to American national interest. Now they are going after port cranes, EVs, what's next, toys in Walmart?
This blatant distortion of truth is accepted by the hillbillies in the whole of the USA. No one is protesting. No hillbilly is standing up to say this is against the American Constitution on freedom of speech and freedom of choice. And the 170m American users of TikTok too accepted this new law lamely. Why? Are Americans stupid or sick? An innocent app, just a tool, not even more dangerous than a knife or a gun, is banned from being used in the USA, because a bunch of idiotic bigots in the Senate said so.
This guilty without the need to proof, guilty of an assumed crime in the future, is now the text book of American politicians, spread around the world. And not only stupid Americans are accepting this new 'rule of law' or 'rule of lawless' without questioning the logic behind it. The rest of the world, especially those western educated fools are accepting this warp logic as 'rule of law'.
TikTok and Huawei had already been found guilty of a future crime. And many other foreign companies would also be found guilty if the gangsters in Washington said so. In the international arena, China, a peaceful country engaging in all peaceful endeavours, in trade and economic development, in infrastructure development, is also found guilty under the same 'illogic' of the American terrorists. And equally, many fools accepted this American lie and concluded that China is a threat to world peace, that China may not be engaged in any war, unlike the warmongering Americans that are not seen as a threat but a peace loving country, that China would be aggressive and invade and conquer the world in the future. The evil lying Americans said so. Therefore China cannot be trusted. Only the American terrorists can be trusted to promote peace in the world. Every war the Americans started and fought is for peace, democracy and to protect human rights. Ask the Palestinians and Arabs in the Middle East.
China is guilty of wanting to rule the world like the Americans in the future. How many silly buggers are still stuck in this mischievous American lie and sleeping and breathing with it? And many of these sillies are supposedly highly educated, learned, but their heads are filled with American shit. The Americans are the terrorists in the world and ruling the world by military might, coercing and bullying every country, even their allies and crony states. Period.
Western imperialism and colonisation in the Middle East and Africa has not really ceased
Western imperialism and colonisation in the Middle East and Africa has not really ceased at all. The liberal Neo-Cons now resort to neo-colonialism in many hybrid ways. They still try to subject Middle East and Africa to their control and hegemony through fraud and deception.
One of their most insidious method is to impoverish the victimized countries through spurious help of giving loans with very high interests. Another evil design is to control the trade and commerce of the Middle East and African countries through the IMF and the World Bank, both tightly controlled by US and the Anglo-Saxons countries as well as by the European countries.
Further they control the cyber of the
internet and the mass media like the Newspapers and radio and
television broadcasting stations in which the people are subjected to
intense massive propaganda of disinformation and misinformation and thus
the people are being brainwashed without their realizing it. Also in
order to receive the toxic Western aid they must allow US, UK and France
to operate military bases in their countries.
Saeda Minto South Africa
Biden is a danger to the world, to the US and to himself
A country ruled by one having dementia with squinting
eyes, and one who blinks is nothing but a joke. Of course, we know there
is a higher force behind telling them what to do.
Joe Biden made
another hilarious and laughable gaffe when he read aloud the word
'pause' from a teleprompter, when that word 'pause' was meant to
silently signaled to him to pause his speech at that point. He probably
doesn't understand or know what he is reading! He even needs cards on
previous occasions to tell him when to sit and when to leave the
rostrum. That is how bad his mental capacity is. No, it is nothing about
over-capacity. It is under-capacity! His handlers have to lead him
around like a baby. And that baby is supposed to have his fingers on the
nuclear 'button'.
Clearly Joe Biden is indeed growing younger as they claimed. His mentality is going from senility to that of a kid.
The
USA is clearly the laughingstock of the world. Remember Trump's boast
at the UN years ago? Instead of eliciting applause he was laughed at.
But he felt no shame. Of course, when they themselves owned up by
claiming they lie, cheat and steal, what do we expect?
Anonymous
China is not stupid but diplomatic
If the Chinese leaders are stupid, China would have been
like the EU, Japan, South Korea and The Philippines, securely under the
thumb of the USA. The Chinese would have ended up like the Native
American Indians, living in reservations. Didn't the Chinese chase the
Anglo-Saxon Imperialist out of China? They did, did they not?
China
is just being diplomatic and not resorting to gangsterism and using
Mafia tactics of shooting the messenger before he enters the house.
China follows International Law and what it does is nothing more than
diplomatic behavior. China did not invite Olaf Scholz or Blinky to
visit, nor bribe them to, but just following the norm.
China is
fighting back against the USA in areas it deems necessary. As a 'peer
competitor' there are so many areas that China has to face the USA. Who
else fought back against the USA under suppression? Did the Japs fought
back when US troops were stationed in Japan or Toshiba was taken to the
cleaners? Did the French fought back when the USA was caught spying on
Macron and Alstom was skinned alive? Did the Germans fought back when
the USA was caught red handed spying on Angela Merkel or was forced by
the USA to stop the Nord Stream pipeline project? They are the real
fools. Now the Germans are paying the ultimate price for allowing the
USA to dictate policies to their disadvantage and benefiting from it.
Now Japan is in deep shit too and trying to fight back wanting the USA
to cut interest rates. The USA will never do that as its is against
their interest to do so. It is too late for Japan to regret.
Aside
from military action to confront the USA head on, China is not lying
down in other areas. It is still fighting against the Chips Alliance.
TikTok is still fighting against the Biden Administration out to destroy
it. China is still not pulling back on industrial overcapacity. On the
contrary, China is moving to move further ahead in that position of
strength. China will still trade with Russia, whatever the USA demanded.
China knows decoupling is accelerating and unavoidable and is
taking measures to increase domestic consumption in the face of USA and
EU's clampdown on EVs and other clean energy production sector like
solar panels. China is trotting out domestic demand stimulation with the
Government using monetary incentives to lure locals to buy EVs and
discard their ICE vehicles. This is playing hardball with USA and other
ICE vehicle manufacturers trying to ban Chinese EVs. Domestic demand
stimulation is China's strategy going forward and is centered and
calibrated to support China's clean energy manufacturing sector in the
face of Western ban on them.
A country that rose from third world
to what it is today, lifting more than 800 million out of poverty
cannot have been ruled by fools. It is the West that is stupid and
continues to make stupid mistakes.
Anonymous