Chinese paper says China should stay neutral if North Korea attacks first

In case you needed further proof that North Korea is a Chinese proxy against the west, mainly America, look no further. They’ll let North Korea do whatever it pleases in order to extract concessions out of the United States, so long as it doesn’t go overboard and force China to support it should it be the one starting a physical war. China needs to be able to save face and having North Korea provoke a war and then claim to be the victim is key.

 

FILE PHOTO: Members of honour guards hold red flags during a welcoming ceremony for Denmark’s Queen Margrethe II outside the Great Hall of the People in Beijing April 24, 2014. (Jason Lee)

 

BEIJING (Reuters) – If North Korea launches an attack that threatens the United States then China should stay neutral, but if the United States attacks first and tries to overthrow North Korea’s government China will stop them, a Chinese state-run newspaper said on Friday.

President Donald Trump ratcheted up his rhetoric toward North Korea and its leader on Thursday, warning Pyongyang against attacking Guam or U.S. allies after it disclosed plans to fire missiles over Japan to land near the U.S. Pacific territory. Continue reading

Chinese Media “Applauds” China’s CIA-Spy Killing Spree: “Washington Has No Idea What’s Going On”

 

China’s Global Times, published by the official People’s Daily, said in an editorial in its Chinese and English-language editions that, if reports of China “systematically dismantling CIA spying operations, killing or imprisoning more than a dozen sources” are true, it was a victory for China.

As we previously detailed, an influential state-run newspaper applauded China’s anti-espionage efforts on Monday after the New York Times said China had killed or imprisoned up to 20 CIA sources, hobbling U.S. spying operations in a massive intelligence breach. Continue reading

North Korea will cross point of no return with 6th nuke test

China’s President Xi Jinping attends the signing ceremony at the Presidential Palace in Helsinki, Finland April 5, 2017. Lehtikuva/Vesa Moilanen/via REUTERS

 

China says North Korea will cross the “point of no return” and face destruction by the U.S. if they carry out a sixth nuclear test

(WASHINGTON, DC) On Tuesday the Global Times published an Op-Ed with these ominous words noting that Pyongyang will incur the wrath of the United States if it ignores this warning.

“The game of chicken between Washington and Pyongyang has come to a breaking point,” the Global Times, a nationalist Chinese newspaper managed by the state-run People’s Daily, writes. “If North Korea carries out a sixth nuclear test as expected, it is more likely than ever that the situation will cross the point of no return.

All stakeholders will bear the consequences, with Pyongyang sure to suffer the greatest losses,” the outlet warns. Continue reading

China Warns North Korea Situation Has Hit “Tipping Point”, Threatens “Never Before Seen” Measures

After warnings yesterday, and on the heels of a “very good call” with President Trump, China has escalated its threats to North Korea over its nuclear tests. In another Global Times op-ed, China warns “if the North makes another provocative move this month, the Chinese society will be willing to adopt severe restrictive measures that have never been seen before…”

Yesterday’s editorial in the military-focused Global Times tabloid, owned and operated by the Communist Party’s People’s Daily newspaper, said that North Korea’s nuclear activities must not jeopardize northeastern China, and that if the North impacts China with its illicit nuclear tests through either “nuclear leakage or pollution”, then China will respond with force.

“China has a bottom line that it will protect at all costs, that is, the security and stability of northeast China… If the bottom line is touched, China will employ all means available including the military means to strike back. By that time, it is not an issue of discussion whether China acquiesces in the US’ blows, but the Chinese People’s Liberation Army (PLA) will launch attacks to DPRK nuclear facilities on its own.” Continue reading

China ‘steps up preparedness for possible military conflict with US’

A file picture of China’s sole aircraft carrier Liaoning taking part in a drill last month in the South China Sea. Photo: Reuters

 

Donald Trump’s election as US president has increased the risk of hostilities breaking out, according to Chinese state media and analysts

China is stepping up preparedness for a possible military conflict with the US as the Donald Trump presidency has increased the risk of hostilities breaking out, state media and military observers said.

Beijing is bracing itself for a possible deterioration in Sino-US ties, with a particular emphasis on maritime security. Continue reading

China Communist Party declares Xi Jinping ‘core’ leader

China’s ruling Communist Party declared its General Secretary Xi Jinping the “core” of its leadership on Thursday, elevating his already powerful status.

A communique issued by top party leaders after a four-day meeting in Beijing called on all its members to “closely unite around the CPC Central Committee with Comrade Xi Jinping as the core”, said the People’s Daily, the party’s official mouthpiece.

The announcement followed a gathering of 400 top party leaders in Beijing for a meeting known as the Sixth Plenum to discuss changes to party structure and discipline. Continue reading

China facing full-blown banking crisis, world’s top financial watchdog warns

China has failed to curb excesses in its credit system and faces mounting risks of a full-blown banking crisis, according to early warning indicators released by the world’s top financial watchdog.

A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

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PLA capable of removing Philippines military base in disputed area of South China Sea, warns Communist Party mouthpiece

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The Philippines military vessel grounded on the shoal in 1999 and used a base. Photo: SCMP Pictures

 

China has shown patience, but it is committed to defending its territory, says commentary in the People’s Daily ahead of tribunal ruling on maritime disputes in the region

China is fully capable of removing a Philippine naval vessel set up as a permanent base in a disputed atoll in the South China Sea, but has so far shown restraint, the Chinese Communist Party mouthpiece said on Monday.

The commentary in the People’s Daily comes ahead of an imminent ruling from a international court in The Hague on China’s claims to territory in the region’s disputed waters. The case was bought by the Philippines. Continue reading

China’s Xi calls for Marxism and intellectual loyalty

China’s Communist Party must ensure that philosophy and social science “unequivocally uphold” Marxist principles, President Xi Jinping told a high-level academic seminar, according to state media reports.

Xi’s address to around 150 specialists was his latest move to exert greater authority over China’s cultural sphere, following two similar gatherings earlier this year on his vision for the news media and the Internet, and came as the ruling party also seeks more control over universities. Continue reading

China should fire warning shots at US warships near disputed islands, even ram them, says Communist Party mouthpiece

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Satellite images produced by a US company earlier this month allegedly showing the deployment of surface-to-air missiles batteries on Woody Island in the Parcel chain in the South China Sea. Photo: Reuters

 

 

A commentary published online by state media in China says its forces should fire warning shots or even deliberately collide with US warships sailing close to the Paracel Islands in a disputed area of the South China Sea.

The commentary says tough action would make an impression on the US and “teach it a lesson”. Continue reading

China ‘must prepare for war over North Korea’s rocket launch and nuclear tests’

Beijing has to gear up for fallout if countries strike Pyongyang, says Chinese military adviser

A Chinese military adviser has warned China to be prepared for war in the Korean Peninsula, but not to sacrifice as much as it did in the 1950s.

Speaking on the deterioration of the security situation after North Korean leader Kim Jong-un’s recent nuclear and satellite tests, Major General Wang Haiyun said in an article on Tuesday that China must “take strong counter measures” as it faced various threats.

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“Fasten Your Seatbelts”: Kyle Bass Previews The Collapse Of China’s $34 Trillion Banking Sector

Earlier this month, Kyle Bass asked a funny question in a discussion with CNBC’s David Faber. To wit: “If some fund manager in Texas is saying that your currency is dramatically overvalued, you shouldn’t care on a $10 trillion economy with $34 trillion in your banks. I have, call it a billion –  it’s so small it should be irrelevant and yet somehow it’s really relevant.”

Bass was referring to China’s penchant for firing off hilariously absurd “Op-Eds” in response to anyone who suggests that the country may indeed be experiencing the dreaded “hard landing” or that a much larger yuan devaluation is a virtual certainty. The People’s Daily literally laughed at George Soros when the aging billionaire said he was short Asian currencies in Davos. “Declaring war on China’s currency? Ha ha,” PD wrote. Chinese media also called Soros a “crocodile,” a “predator,” and said his yuan gambit “cannot possibly succeed.” Continue reading

Chinese Yuan Could Give the IMF “a Shock It Isn’t Prepared For”

 

 

On Monday, the Chinese yuan joined one of the most elite clubs on the planet: the International Monetary Fund’s Special Drawing Rights basket of reserve currencies.

CURRENCY OLD WEIGHT NEW WEIGHT
U.S. Dollar 41.90% 41.73%
Euro 37.40% 30.93%
Chinese Yuan 10.92%
Japanese Yen 9.40% 8.33%
Pound Sterling 11.30% 8.09%

*Source: IMF Continue reading

China Rocked By Another Massive Chemical Explosion

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This is the second explosion in Shandong, which both follow the huge and deadly explosion in Tianjin. Continue reading

Chinese generals urge PLA to expand navy as war risk rises

Generals call on military to shift focus from land forces to maritime power amid higher threats of conflict from several directions

Two senior Chinese military leaders have called on the People’s Liberation Army to beef up its naval capacity and combat readiness amid a higher risk of “warfare on the doorstep”.

In a 5,000-word article published on Friday in People’s Daily, the Communist Party’s flagship mouthpiece, General Cai Yingting, commander of the PLA Nanjing military area command, and his political commissar General Zheng Weiping, said the PLA should learn lessons from the war with Japan that ended 70 years ago.

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