Beijing’s Race to Diversify out of US Treasuries: New Agreements would Allow Singapore to become “Leading Offshore Trading Centre” for the Chinese Yuan China is accelerating the role of the Chinese…
Tag: China
Shootout at the APEC Free-trade Corral What a photo – yet another instance of Bali working its magic. Chinese President Xi Jinping leads a “Happy Birthday” for Russian President Vladimir Putin, with Indonesian President Susilo…
How the Chinese currency is replacing the U.S. Dollar in global oil markets History is being written in the East. As the U.S. stays distracted with stone age warriors in Central Asia and the Middle East, the last platform of the American economic foundation, the U.S. Dollar’s currency reserve status, is being underminded by their trade partners in Asia. Both Australia and Japan are set to start direct-trading in Chinese currency and they are not the only ones. There are almost 20 countries whom have currency swaps in place with China all in order to side-step the U.S. Dollar in global trade.
‘China will stick to the path of peaceful development,’ says Li Zhaoxing Li Zhaoxing, the no-nonsense former foreign minister of China who often courts international controversy with his blunt style, made headlines again…
The President of Brazil, Dilma Rousseff announces publicly the creation of a world internet system INDEPENDENT from US and Britain ( the “US-centric internet”). Not many understand that, while the immediate trigger for the decision (coupled with the…
At last, Bo Xilai is going on trial. The case against the former Politburo member brings to a climax the aggressive anti-corruption drive undertaken by the Chinese Communist Party. In fact, the new general secretary…
China’s Foreign Minister, Wang Yi, says the Syria issue should be dealt with under the framework of the UN Security Council. Wang stressed China’s stance in a telephone call to US Secretary of…
Washington and its British and French puppet governments are poised to yet again reveal their criminality. The image of the West as War Criminal is not a propaganda image created by the West’s enemies, but the portrait that the West has painted of itself. The UK Independent reports that over this past week-end Obama, Cameron, and Hollande agreed to launch cruise missile attacks against the Syrian government within two weeks despite the lack of any authorization from the UN and despite the absence of any evidence in behalf of Washington’s claim that the Syrian government has used chemical weapons against the Washington-backed “rebels”, largely US supported external forces, seeking to overthrow the Syrian government.
The American Dream Waking People Up And Getting Them To Realize That The American Dream Is Quickly Becoming The American Nightmare Just because you were once the most powerful nation on earth does…
Introduction In December of 2005 I was in Shanghai, watching a TV news program – a longish item about a shipment of medical supplies sent to China from the US as a “humanitarian gesture”. The…