Chinese Video Urges War With U.S.

 

State-controlled media urges fight ’til end,’ calls for sanctions on U.S. companies

China’s Communist Party-controlled media stepped up a war of words with the United States recently urging an escalation of the ongoing trade dispute into a full-scale conflict.

“China must be prepared to fight a protracted war,” states a four-minute, anti-American video posted five days ago on a Chinese video-sharing service.

“Trump’s ‘outrageous and selfish’ strategy might work for smaller countries, but it will never work for China,” the video warns. “To quote a well-written article in the Global Times: If the Americans want to fight, we will fight them until the end! And we will fight until the Pacific Ocean splits into two!” Global Times is the Communist Party of China’s nationalistic and anti-U.S. news outlet.

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China Gears Up to Weaponize Rare Earths in Trade War

As previously documented several times and warned about in the past, the threat of China’s rare earth monopol is being weaponized. This wasn’t suddenly an issue that popped up under Trump because Trump happens to be the current U.S. President. It was one threat of many in the making by China used as a means to an end, with the end game being a United States defeat — eventually militarily.

For further information, see the following previous posts:

Rare Earths Rouse Pentagon Fears

China Is Beating the US in the Rare-Earths Game

China warns of backlash if U.S. presses rare-earths case with WTO

Rare-Earth Market

Rare Earths, Oil, Gas, Other Commodities Up For Grabs As Arctic States Grants China, India, Japan, Other Select Nations ‘Observer Status’

Report: US military too reliant on foreign suppliers

China Threatens to Pull Pin on Global Economic Hand Grenade

 

China Gears Up to Weaponize Rare Earths in Trade War

The U.S. shouldn’t underestimate China’s ability to fight the trade war, the People’s Daily, a flagship newspaper of the ruling Communist Party, said in an editorial Wednesday that used some historically significant language on the weight of China’s intent.

The newspaper’s commentary included a rare Chinese phrase that means “don’t say I didn’t warn you.” The specific wording was used by the paper in 1962 before China went to war with India, and “those familiar with Chinese diplomatic language know the weight of this phrase,” the Global Times, a newspaper affiliated with the Communist Party, said in an article last April. It was also used before conflict broke out between China and Vietnam in 1979.

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U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever

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In a dynamic that shows just how far U.S. oil production has come in recent years, the U.S. Energy Information Administration (EIA) said on Monday that in the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported. Continue reading

OPEC Threatens To Kill U.S. Shale

 

The Organization of Petroleum Exporting Countries will once again become a nemesis for U.S. shale if the U.S. Congress passes a bill dubbed NOPEC, or No Oil Producing and Exporting Cartels Act, Bloomberg reported this week, citing sources present at a meeting between a senior OPEC official and U.S. bankers.

The oil minister of the UAE, Suhail al-Mazrouei, reportedly told lenders at the meeting that if the bill was made into law that made OPEC members liable to U.S. anti-cartel legislation, the group, which is to all intents and purposes indeed a cartel, would break up and every member would boost production to its maximum. Continue reading

German Government Approves a Merger of Banks

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Deutsche Bank and Commerce Bank have announced that they will begin merger talks after the government has finally approved that they can lay off workers. For those unfamiliar with the real world behind the curtain, you must realize the extent of socialism in Europe. A major telecom company in Germany called me and asked me to attend an emergency board meeting. They would not even tell me in advance what was so urgent. I flew in that morning from London and to much shock, the board voted to make me the adviser to the company pension fund and never even asked me for a proposal of a fee structure. Then the majority of members resigned. Continue reading

Struggle for Global Power Status

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BERLIN/WASHINGTON (Own report) – The United States is preparing sanctions against European companies participating in the construction of the Nord Stream 2 pipeline, according to senior US government officials. German government officials, on the other hand, predict that US sanctions will lead to a confrontation with the whole of the EU. “We will do everything necessary to complete the pipeline.” At the same time, the power struggle over the participation of the Chinese Huawei Corporation in setting up the 5G grid in Germany and the EU is escalating. After the German government indicated that it would not exclude, a priori, Huawei, the US ambassador in Berlin is threatening to reduce cooperation between the two countries’ intelligence services. US President Donald Trump is also considering calling on countries to pay the full cost of stationing US forces on their soil, plus 50 percent more. German government advisors are pleading for a “policy of ‘softer’ or ‘more robust’ countervailing power formation.” Europe’s “strategic autonomy” is at the core of this power struggle. Continue reading

U.S. Supermajors Could Form A New Oil Cartel

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The ambitious shale growth plans of the U.S. supermajors could in the future allow them to control so much of U.S. shale oil production that they could also control the price of the U.S. light tight oil going to foreign markets in an ‘OPEC of their own kind,’ Investing.com quoted John Kilduff, founding partner at Again Capital, as saying. Continue reading

Struggle over the Silk Road

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BERLIN/ROME/BEIJING (Own repot) – The West’s power struggle against China is provoking new tensions between Germany and Italy. According to reports published last week, the Italian government plans to conclude a cooperation agreement with Beijing within the framework of the “New Silk Road” (Belt and Road Initiative, BRI) to benefit from Chinese investments in Italy’s infrastructure, e.g. the Trieste port and Italy’s power grid. China has already invested in several of the EU’s periphery countries, heavily affected by Berlin’s austerity dictate – such as Greece and Portugal – which gladly welcome these investments as relief. The German government is now beginning to make moves against this. Berlin seeks to prevent the People’s Republic of China from increasing its influence within the EU and fears inner-European resistance if it takes aggressive action against its East Asian rival. Fierce debates are expected at the EU summit at the end of next week and at the EU-China summit on April 9. Continue reading

US warns Germany it will end intelligence sharing if Huawei is given 5G contract

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The United States has warned Germany that intelligence sharing between the two countries will be threatened if the Chinese telecommunications giant Huawei is awarded a contract to build Germany’s 5G network. The company, Huawei Technologies, is a private Chinese venture and one of the world’s leading telecommunications hardware manufacturers. In recent years, however, it has come under scrutiny by some Western intelligence agencies, who view it as being too close to the Communist Party of China. More recently, Washington has intensified an international campaign to limit Huawei’s ability to build the infrastructure for 5G, the world’s next-generation wireless network. Along with Britain, Australia and Canada, the US is concerned that the Chinese telecommunications giant may facilitate global wiretapping on behalf of Beijing’s spy agencies. Continue reading

Niall Ferguson: This is what happens if China wins the new cold war

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Russian president Vladimir Putin and Chinese president Xi Jinping. AP

 

The winter of a new cold war is coming between the US and China, renowned Hoover Institution and Harvard historian Niall Ferguson warned The Australian Financial Review Business Summit this week.

Winning it might decide the 2020 US election. Losing it might be the end of a US dollar-dominated global financial system, if not worse. That’s very scary coming from the man who called the scale of the Soviet communist collapse in 1989 and the US mortgage implosion two years early in 2006. Continue reading

5G Espionage (II)

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BERLIN/BEIJING/WASHINGTON (Own report) – An opening is emerging for Berlin to be able to include Huawei in Germany’s 5G grid installation – contrary to the massive US campaign. The President of the Federal Office for Information Security (BSI) Arne Schönbohm declared that “an anti-espionage treaty” between Germany and China could help, open the possibility of Huawei’s participation in setting up the grid. Chancellor Angela Merkel is currently seeking to conclude such an agreement. The industry is in favor of using Huawei Technology, because it promises to be the fastest and most cost-effective construction of the strategically important 5G grid. Experts warn that without Huawei, Germany could lag at least two years behind in the development. Meanwhile it has become known that for years, the NSA has been eavesdropping not only on China’s president but on Huawei as well. Allegedly, US spies cannot show any evidence of Huawei being involved in espionage operations – even after having read the emails of numerous employees and those of the company’s board chair.

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Government Ordering Agriculture Be Removed From Commodity Indexes

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I am in Europe ahead of the May elections as the crisis begins to build. It appears that the powers that be may be talking about Global Warming to justify more taxes, but behind the curtain, these freezing winters are having their impact. The potato crop in Germany has hit a historic low due to the severe summer drought. Continue reading

Will the US Capitulate to China?

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(MANDEL NGAN/AFP/Getty Images)

 

The most important problem that a bilateral deal between the United States and China needs to resolve is Chinese theft of US firms’ technology. Unless the Chinese agree to stop stealing technology, and the two sides devise a way to enforce that agreement, the US will not have achieved anything useful from Trump’s tariffs.

CAMBRIDGE – It’s beginning to look like US President Donald Trump will yield to the Chinese in America’s trade conflict with China. The United States threatened to increase tariffs on imports from China from 10% to 25% on March 2 if no agreement was reached. But Trump recently said that the date is flexible and may be postponed because of the progress being made in the ongoing bilateral talks. Continue reading

China’s Huawei Stealing U.S. Trade Secrets

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A pedestrian walks past a Huawei Technologies Co. store on January 29 in Beijing, China. (Getty Images)

 

This troubling trend fulfills a specific Bible prophecy.

The United States Justice Department unveiled a list of criminal charges against the Chinese telecom company Huawei last month in the latest acknowledgment of China’s systematic theft of American intellectual property and trade secrets.

Most of the charges were related to Huawei stealing intellectual property from T-Mobile, including the firm’s proprietary phone testing technology. Court documents say Hauwei promised hefty bonuses to any employee who was able to gather confidential information on T-Mobile, encouraging them to send photos and spec sheets to Chinese officials. One Hauwei employee was caught stealing a proprietary robotic arm. Continue reading

Europe’s “Geopolitical Identity”

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MUNICH (Own report) – At the Munich Security Conference last weekend, the power struggle between Berlin and Washington openly escalated to an unprecedented level. US Vice President Mike Pence reiterated his ultimatum that Berlin and the EU immediately renounce their political and economic projects, which are not fully in accord with US policy, pertaining particularly to the Nord Stream 2 pipeline and the Iran nuclear deal. German Chancellor Angela Merkel rejected the US demands. In view of the dispute with Washington, German Foreign Minister Heiko Maas declared at the Security Conference that “Europe” faces the “crucial question” whether it will be “the subject or the object of global policy in the future.” It must, therefore, “transform geo-economic capital into geopolitical capital” to become “a cornerstone of the international order” and “develop its own geopolitical identity.” Maas is expressing his demands, at a time, when the EU’s Iran policy is about to fall apart and the European power base needed for Berlin’s ambitions is crumbling.

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