Search Results for: china

US pressing for war with China in the South China Sea

US navy South China Sea

The US is in a tough spot militarily. In Syria, Russia and Iran have taken advantage of the fact that the plan hatched by the West and its regional allies to destabilize the Assad government took far too long to develop. The idea was to foment discord and provide covert support …

Read More »

Before and after images of Chinese military bases in South China Sea

Fiery Cross Reef after

There’s been no shortage of coverage both in these pages and elsewhere of China’s unprecedented land reclamation efforts in the Spratlys. While China isn’t the first country to create new territory in the disputed waters of the South China Sea, the scope of Beijing’s development (some 3,000 acres) sets it …

Read More »

China rocked by 3rd major explosion in a month

China explosion Shandong

Another huge blast at a chemical facility has reportedly occurred in the Chinese province of Shandong. The explosion, located in an industrial zone in Lijin, Dongying City, happened late on Monday, China‘s People’s Daily reported. The blast was so massive it could be seen and heard from a great distance. …

Read More »

China’s plan to dominate the global gold market

China dominate global gold market

Status as one of the world’s biggest bullion importers, participation in the gold fix at the London exchange and a plan to establish a jewelry gold investment center in Shanghai has turned China into one of the leading players in the global gold market in 2016. Gold entered the New …

Read More »

5 trends that show China is about to redefine the gold market

China gold market

Apple spent about five years developing the iPhone, which has changed the smartphone market forever. Until the release, however, nobody could imagine what impact the iPhone would have on the market. And most consumers didn’t know about it at all. The same thing is happening with China and gold right …

Read More »

Two explosions in China, one at US military base in Japan

Aftermath explosion China

To anyone who still doesn’t believe the world’s largest nations are already engaged in a global covert war involving kinetic weapons, currencies and cyber warfare, add this event to your list of things to ponder. Less than one day after another massive explosion destroyed a portion of Shandong, China, another explosion has …

Read More »

China approves the creation of BRICS bank

China brics bank

The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as a counterbalance to such Western-led financial institutions as the World Bank and the IMF. The new bank will provide money for infrastructure and development projects in BRICS countries, that is Brazil, …

Read More »

United States is facing global economic isolation

From Filip Karinja, for Birch Gold Group Just this week, former Treasury Secretary Larry Summers wrote an eye-opening and scathing op-ed outlining where America stands in the rapidly changing global economy. Titled ‘Time U.S. leadership woke up to new economic era’, the piece looks at the many ways in which the United …

Read More »

China passes law to protect whistleblowers who expose corruption

Whistleblower China

Chinese authorities have said, for the first time, that whistleblowers will receive legal protection amid the country’s ongoing fight against corruption. The Supreme People’s Procuratorate, the country’s top prosecuting body, said in a Tuesday statement that new regulations outline legal rights for those exposing corruption and other malpractice. It urged …

Read More »

China wants to strengthen military ties with Iran

Iran and China military alliance

China wants to strengthen its military ties with Iran, the nation’s Defense Minister said today, confirming Beijing’s commitment to expand diplomatic and political connections with Tehran despite concerns over the Islamic Republic’s nuclear program. The Defense Minister of the People’s Republic of China Chang Wanquan said that the two nations’ …

Read More »

China slams G7 and its ‘authoritarian rule’

G7 leaders 2015

The Global Times, an official mouthpiece for China’s ruling Communist Party, has slammed the G7 for engaging in “authoritarian rule” and sidelining the importance of major developing countries. The leaders of the Group of Seven industrialized countries are currently meeting at the luxury Elmau Castle in Schloss Elmau, Germany. The …

Read More »

China builds world’s largest floating solar plant

China floating solar plant

In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power. That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world. The massive power …

Read More »

Russia and China planning joint gold trading platform

Russia China gold trading

The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries. “BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious …

Read More »

China’s stock market halted after 7% plunge

Chinese stock market plunge

Trading on the Shanghai and Shenzhen stock markets was halted for the day on Monday (Jan 4th) after shares fell 7%. The drop in the CSI300 index, which covers both bourses, for the first time triggered an automatic early closure under a new system to curb volatility, after an earlier …

Read More »

IMF set to add Chinese yuan to SDR currency basket

Chinese yuan

China’s currency, the yuan seems to be on track to be included in the International Monetary Fund‘s benchmark currency basket, putting it on par with the dollar, euro and pound sterling. A draft report by IMF staff who have been assessing the yuan’s technical criteria seems to be favourable. Three …

Read More »

Three signs the entire system is changing right now

China CIPS Putin Russia Bitcoin Credit Card

When I was a kid growing up in the early 80s, the United States was the undisputed dominant superpower in the world. The US dollar was awe-inspiring; on a trade-weighted basis, the dollar index was at an all-time high, and had never been as strong ever before… or since. And …

Read More »