Tag Archives: China

Alex Newman – Horrifying Consequences If China Runs New World Order

Alex Newman, Journalist for the New American Magazine, says “one of the most important and under reported stories of the last century” is how China is being incorporated into the New World Order plan to enslave and rule the planet.

Newman says, “I did a cover story (about China) a few years ago, and people said I was just being conspiratorial. My article was about how the communist Chinese dictatorship was ‘Staking Claim in the New World Order.’

I wasn’t speculating and I wasn’t theorizing. You had people like George Soros saying that communist China needs to ‘own the New World Order.’ He said they have a better functioning government than the United States, and that, basically, China should run the New World Order that these people had been building for decades and generations now.

Communist China rose to power and prominence with deliberate assistance from key people in our State Department, in our Defense Department and almost all of them members in the Council on Foreign Relations or actual communist agents.” In closing, Newman says, “It’s not too late to turn this around. It’s really not, but if we allow these radicals and their puppet masters to run around tearing down our institutions and tearing down our civilization, we will reap horrifying consequences.”

Join Greg Hunter as he goes One-on-One with Alex Newman, Foreign Correspondent for The New American Magazine.

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Pence Declares Peaceful Trump Offense Against China

 

 

Xi Jinping Presidency On The line.

 


China Slams Pence For “Fanning Fires” And “Escalating Tensions” After Aggressive Speech

One day after US Vice President Mike Pence all but declared China to be the US’s new “enemy No. 1”, a status previously enjoyed by Russia and its president, during a speech at the Hudson Institute that outlined allegations of Chinese election-hacking, while blasting President Xi Jinping and the Communist Party for illegally asserting territorial dominance over the South China Sea and Taiwan (while at the same time promising that the US will impose its military will across the Indo-Pacific), the Chinese Foreign Ministry has issued a statement warning the US to stop “fanning fires” and “escalating tensions” between the world’s two largest economies, claiming that the US has no right to “irresponsibly” question the One China Policy that has long labeled Taiwan as an inalienable part of China, according to Bloomberg. 

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Chinese Foreign Minister Wang Yi

The ministry insisted that building necessary defense facilities has nothing to do with militarization, that China attaches “high importance” to safeguarding human rights and that “all ethnic groups have freedom of religion” – a claim that runs contrary to the deluge of reporting by US media outlets regarding China’s repression of its ethnic Uyghur minority. Instead of lobbing accusations at China, the US should “focus on its own domestic human rights issues instead of interfering with China’s internal affairs.” 

Pence sought to expand on President Trump accusations, made before the UN Security Council last week, that China had been trying to undermine Republicans by interfering in US elections. While neither Trump nor Pence cited any evidence to justify their claims, Pence said China’s election-hacking efforts were “sophisticated” and vowed to expose Beijing’s “malign influence and interference.”

Here’s more on Pence’s speech from Reuters:

Pence said Beijing, with an eye not only to the congressional elections but also to Trump’s 2020 re-election bid, had “mobilized covert actors, front groups, and propaganda outlets to shift Americans’ perception of Chinese policies” and was targeting its tariffs to hurt states where Trump has strong support.

“China wants a different American president,” Pence said.

Shortly before Pence took the stag (but hours after excerpts of his expected remarks had been released) Bloomberg Businessweek published an explosive report on a top-secret multiyear US investigation into China’s successful infiltration of hardware used by 30 US companies – including Apple and Amazon – and the US intelligence and defense industries.

China and the US have blamed one another for the cancellation of a planned security conference that was expected to involve high ranking officials from both countries. And with the US still planning to expand its tariffs to cover virtually all the Chinese goods flowing into the US market, and China recently partaking in a massive joint military exercise with Russia, the deterioration in the relationship between the US and China has been nothing short of alarming.

Source: ZeroHedge

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Explosive Report Details Chinese Infiltration Of Apple, Amazon And The CIA

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Bloomberg exposes How China used a tiny microchip “no bigger than a grain of rice” to infiltrate more than 30 US companies, the DoD and the CIA: “The global supply chain has been compromised.”

Chinese Purchase Large Mexican Radio Station Near US Border

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The Chinese government has purchased a large radio station just south of California with the intent of pushing propaganda. According to the Washington Free Beacon, the US government is looking into the potential US issues with the sale. Having a broad reach into southern California, the station will be broadcasting pro-Beijing propaganda. Pushing over 77,000 watts, the station will have an incredibly far reach.

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Phoenix TV has been identified by U.S. intelligence agencies as a major overseas outlet used to spread propaganda and promote the policies of the communist government in Beijing. The Hong Kong television station also has close ties to China’s intelligence service and military.

While under investigation by the FCC, don’t expect any action to block this measure. Although located in Mexico most of its broadcast area is in the US, giving a certain level of jurisdiction but taking into consideration the level of influence the Chinese have with many sitting US Democrat politicians, including the recently exposed staffers for Senator Dianne Feinstein, the Chinese will get what they want.The Chinese have rapidly expanded their influence into South and Central America, and this is one more piece of a larger, more ominous picture.

Why would China be placing propaganda transmitters right off our border? It doesn’t take much to figure it out. They have designs on the US’ west coast. If you’ve slacked off on training, just remember others out there haven’t. The threats are real and that day is coming.

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Source: American Partisan

China Hacked US Navy Contractor, Stole 614GB Of Submarine Missile Secrets

The U.S. Navy and the FBI are investigating a massive cyber breach that compromised the network of an unidentified Navy contractor, as Chinese hackers allegedly stole large amounts of data related to undersea warfare, including top-secret programs to develop supersonic anti-ship missiles for submarines by 2020, according to American officials, The Washington Post reported.

Submarine GIF

The data breach occurred earlier this year as the investigation is still ongoing. The officials said that the contractor was working at the Naval Undersea Warfare Center, a full-spectrum research, development, and testing arm of the Navy. The warfare center focuses on submarines, autonomous underwater systems, and offensive and defensive weapons systems associated with undersea warfare.

According to the WaPo, Chinese hackers stole a total of 614 gigabytes of plans for cutting-edge weapons relating to various undersea programs, as well as sensor data, submarine information about cryptographic systems, and an entire library of submarine electronic warfare data.

Since the cyber attack, this has been a nightmare for the Pentagon, as the Navy warned The Washington Post not to release further details about the secret submarine missile program, in their report. Meanwhile, Defense Secretary James Mattis ordered the Pentagon inspector general’s office Friday to investigate the massive data breach.

Bill Speaks, Director of Media Operations for the Navy said, “There are measures in place that require companies to notify the government when a ‘cyber incident’ has occurred that has actual or potential adverse effects on their networks that contain controlled unclassified information.”

Speaks added that “it would be inappropriate to discuss further details at this time.”

During Admiral Philip S. Davidson nomination hearing to lead U.S. Indo-Pacific Command, he mentioned that Beijing could not develop submarine technology on their own — they had to steal it through cyberspace.

“One of the main concerns that we have,” he told the Senate Armed Services Committee, “is ­cyber and penetration of the dot-com networks, exploiting technology from our defense contractors, in some instances.”

“It’s very disturbing,” said former senator James M. Talent (R-Mo.), who is a member of the U.S.-China Economic and Security Review Commission.

“But it’s of a piece with what the Chinese have been doing. They are completely focused on getting advanced weapons technology through all kinds of means. That includes stealing secrets from our defense contractors.” Talent had no independent knowledge of the breach.

Without breaching confidentiality, The Washington Post touch on the Sea Dragon project, which was one of the programs the Chinese were able to steal in the hack.

“The Sea Dragon project is an initiative of a special Pentagon office stood up in 2012 to adapt existing U.S. military technologies to new applications. The Defense Department, citing classification levels, has released little information about Sea Dragon other than to say that it will introduce a “disruptive offensive capability” by “integrating an existing weapon system with an existing Navy platform.” The Pentagon has requested or used more than $300 million for the project since late 2015 and has said it plans to start underwater testing by September.”

Western strategist already fear that China has rapidly expanded military capabilities through technological advancements and the militarization of artificial islands in the South China Sea, which could complicate the U.S. Navy’s ability to remain dominant in the East. Such hacks of latest US naval military technology will only make China an even greater competitor in the ongoing arms race between the two superpowers, which as the IMF and the Rand corporation forecast will be won by China some time over the next 2 decades.

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The report of a massive military data breach via Chinese hackers comes just as President Trump sits down with North Korean leader Kim Jong-un – who aligns himself with Beijing – in a historical summit in Beijing. How many more hacks will Washington tolerate until President Trump snaps and punishes Beijing with even harsher penalties while sending an even greater US military presence in the South China Sea? As a reminder, NATO recently declared that a major cyber attack on one of its members could be grounds for a declaration of war.

Source: ZeroHedge

Billionaire Chairman Of Chinese Conglomerate Anbang Detained

Wu Xiaohui’s detention is the highest-profile development in a sweep of China’s financial industry by corruption investigators that began in earnest in January

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Anbang Insurance, China’s hyperacquisitive insurance rollup, which was responsible for a sizable portion of China’s merger spree between 2014 and 2016, and which has since been accused of being a money laundering vehicle, of wreaking “havoc” with the Chinese insurance market, and was a potential investor in Jared Kushner’s 666 Fifth Avenue building until the deal fell apart in March, announced that its billionaire Chairman Wu Xiaohui, is “unable to perform his duties” due to personal reasons, confirming Chinese media reports that the tycoon had recently been detained by authorities.

On Tuesday, China’s Caijing reported that Wu – whose net worth was recently estimated at over $1 billion – was taken away by Chinese authorities, citing unidentified people. The report said that officials from the China Insurance Regulatory Commission met with a small group of Anbang staff on June 10 and didn’t provide specific reasons for Wu being taken. Curiously the report, which did not explain if Wu was assisting with a government investigation or was himself the target of a price, was later deleted from the magazine’s website.

A person familiar with the matter told the South China Morning Post that Wu had been “assisting relevant investigations” and previously had always returned to his office or home after a few hours of questioning. Wu hasn’t returned since he was taken away at the end of last week, the person said.

Last week, the FT reported that Wu was barred by Chinese authorities from leaving the country, however Anbang denied the report.

Xiaohui led Anbang’s rapid rise and abrupt emergence in the international business arena,  where the company became known for its ambitious takeover bids. In October of 2014, Anbang bought the Waldorf Astoria in New York for $1.95 billion, a record for a single American hotel, and later closed the property while it converts most of the rooms to luxury condominiums. In early 2016, Anbang agreed to buy Strategic Hotels & Resorts, owner of 16 high-end hotels in the U.S., from Blackstone for about $6.5 billion. One hotel next to a major naval base later dropped out of the purchase amid national security concerns. About the same time as Anbang agreed to the Strategic purchase, it made a surprise $14 billion offer for Starwood Hotels & Resorts Worldwide, starting a bidding war with Marriott International Inc. A few weeks later, Anbang unexpectedly walked away from the bid, having forced Marriott to increase its offer by about $1 billion. Anbang also had an agreement to buy Fidelity & Guaranty Life, however the deal was canceled in April after the Chinese company failed to meet transaction deadlines.

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Most notably, Anbang had been in talks to invest in the proposed redevelopment of 666 Fifth Ave. in New York, the marquee building of Kushner Cos., the family company of President Donald Trump’s son-in-law Jared Kushner. Talks broke off in March.

However, once Beijing cooled on offshore M&A amid a crackdown on shady financial dealings encouraging capital flight, the company quickly became a target for domestic anger, suffering the wrath of local regulators over his company’s risky reliance on life insurance policies to raise funds, as well as an opaque corporate structure, profiled extenisvely by the NYT.

In a statement posted on its website, Anbang announced that other senior managers have been authorized to carry out Wu’s responsibilities and operations are normal.

As Bloomberg notes, the news adds to the intrigue surrounding one of the country’s most aggressive overseas deal makers, which only came into being in 2004. Since it embarked on a global takeover spree three years ago, Anbang has drawn attention for making preemptive offers and disrupting transactions already in place. Wu has personally negotiated deals without using traditional investment banks.

Wu, who is married to the granddaughter of Chinese revolutionary and statesman, Deng Xiaoping, doesn’t speak English and often travels with translators. The vast majority of Anbang is collectively owned by relatives of Wu or his wife, Zhuo Ran, the New York Times has reported, although its corporate structure is so opaque it is difficult to trace ownership.

As the FT reported earlier, Xiaohui’s detention is the highest-profile development in a sweep of China’s financial industry by corruption investigators that began in earnest in January, when a well-known financier was escorted from a luxury hotel in Hong Kong by Chinese police and taken across the border. Xiao Jianhua has not been heard from since, and there has been no official confirmation that he is under arrest.

Source: ZeroHedge

Pivot To Asia Failing (video)

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LONDON (Reuters) – Goldman Sachs (GS.N) is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.

The Wall Street bank is reducing the number of bankers working on mergers and acquisitions (M&A), and equity and debt capital markets deals, the sources said. It will be left with slightly more than 200 bankers across Asia.

Most of the jobs cuts are likely to take place in Hong Kong, Singapore and China, where Goldman’s main Asian offices are located, according to the sources, who said the process was underway.

A Goldman Sachs spokesman declined to comment.

The company, whose investment banking revenue fell 11 percent to $1.79 billion in the second quarter, has been hit by a lacklustre environment for deals across Asia.

The total value of M&A deals across the Asia-Pacific region has dropped to $572.9 billion so far this year, from $745.7 billion in the same period of 2015, according to Thomson Reuters data.

Goldman said in July it had embarked on a cost-cutting plan that would save $700 million a year in response to a “challenging backdrop” for revenue.

It still tops the Asia-Pacific M&A league tables but in the first half of the year it came third after JPMorgan (JPM.N) and Citi (C.N) as the biggest bank by revenue in Asia, according to data published on Friday by industry analytics firm Coalition.

One of the sources said no managing directors in Asia were in the running to be made partners this year while three existing partners in the region had been stripped of their titles.

RETRENCHMENT

Goldman and other big investment banks are grappling with a harsh environment after the region’s economies and markets failed to deliver sustained growth after the 2008 financial crisis. The banks’ business has also been eroded by local competitors.

In 2015 Goldman reduced the number of its investment bankers in Singapore – a hub for Southeast Asia – to about 35 from 50, several sources said.

There have been further departures this year, including its Southeast Asia chairman Tim Leissner.

Many of Goldman’s European rivals have announced plans to scale down their operations in Asia.

Barclays (BARC.L) said in January that it would cut about 1,000 staff in its investment bank operations worldwide, with the bulk happening in Asia, while Societe Generale (SOGN.PA) decided to close its equities research desk in India.

Other European banks including BNP Paribas (BNPP.PA) and Deutsche Bank (DBKGn.DE) are expected to scale back operations in non-core Asian markets while last year Asia-focused Standard Chartered (STAN.L) shut down its equities franchise.

Goldman employs just over 100 bankers in China, where it was one of the first foreign investment banks to start operations. But like other banks it has been hit by a drop in Chinese trading volumes and competition from local banks.

By Pamela Barbaglia | Yahoo Finance

Xi Jinping Calls for ‘New World Order’ Dominated by China and Russia (video)

Render The West Powerless Within Ten Years

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The men who would be kings of the world: Putin and Xi (Photo : Getty Images)

Chinese president Xi Jinping has called on Russia to join China in forming a “New World Order” dominated by both countries that he expects to realize in the next 10 years.

In a vitriolic speech delivered at the 95th anniversary of the founding of the Chinese Communist Party this July, Xi urged Russia and its president Vladimir Putin to join China in a military alliance that will render NATO (the North Atlantic Treaty Organization) “powerless” and “put an end to the imperialist desires of the West.”

This China-Russia alliance is intended to put more pressure on the United States, China’s main antagonist in the South China Sea, by stretching its military forces even thinner with more naval deployments to Europe.

But more important for China, a military alliance with Russia along the lines of NATO will mean Russia will be obligated to fight alongside China should a war break out in Asia against the U.S.

“The world is on the verge of radical change,” said Xi to his communist comrades. “We see how the European Union is gradually collapsing, as is the US economy — it is all over for the new world order.”

“So, it will never again be as it was before. In 10 years we will have a new world order in which the key will be the union of China and Russia,” said Xi.

Putin has so far not publicly responded to the offer of a military alliance. Putin, however, has long been in favor of a broader military and economic relationship with China. He described both nation’s existing cooperation as an “all-embracing and strategic partnership.”

Xi’s speech was described as incendiary by the West.

Xi’s bitter comments came as China faces mounting military challenges and international censure stemming from its obstinate refusal to accept the ruling of the Permanent Court of Arbitration in The Hague. This court ruled on July 12 that China has no legal basis to claim historic rights within the “nine-dash line” in the South China Sea.

Xi is also facing a dangerous leadership challenge within the Communist Party of China from powerful factions allied with former Chinese leaders Hu Jintao and Jiang Zemin. Xi is purging leaders in the communist party and the People’s Liberation Army allied with Hu and Jiang as he strives to transform China into a one-man dictatorship under his rule in the mold of Mao Zedong.

Analysts viewed Xi’s bellicose statements against the West as an attempt to bolster his flagging credentials in the wake of the humiliating South China Sea verdict by the arbitration court. Xi is widely seen as the architect of Chinese aggression in the South China Sea.

Beijing is calling on citizens to be vigilant against anti-government agitators who may be agents of the West.

By | China Topex