Tag Archives: china

United States is already at war with China, Russia and Iran

USA cyber command

Top economic and political experts say we’re drifting towards World War 3. And see this. We noted in March that we’re already at war with Russia. Many experts agree… Former White House official Dr. Philippa Malmgren – former presidential adviser and member of the U.S. President’s Working Group on Financial Markets – said last December ...

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China and Russia teaming up military forces against America

Vladimir Putin Xi Jinping

China has dispatched a convoy of warships for its first ever naval exercises in the Mediterranean, together with a Russian flotilla. The drills demonstrate a strengthening bond between Moscow and Beijing, who – despite having no formal military alliance – see their combined might as a counterbalance to US power. Both countries have ...

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China builds first all robot factory, replacing humans

China robot factory

Having devoured many of the world’s factory jobs, China is now handing them over to robots. As part of a major push towards automation, the first robots-only factory is being built in China’s Dongguan manufacturing hub, reducing human employees to a bare minimum. The factory, owned by Shenzhen Evenwin Precision Technology ...

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New Zealand and NSA plotted to cyber hack China

John Key Xi Jinping China NZ

New Zealand spies teamed up with National Security Agency hackers to break into a data link in the country’s largest city, Auckland, as part of a secret plan to eavesdrop on Chinese diplomats, documents reveal. The covert operation, reported Saturday by New Zealand’s Herald on Sunday in collaboration with The Intercept, ...

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We should write the global economic laws, not China – Obama

Obama Xi Jinping China

The laws of the global economy should be written by the United States and not by the likes of China according to President Obama, as concern over China’s influence is growing. Washington hopes a Pacific free trade pact will curb Beijing’s investment bank. “When 95 percent of our potential customers ...

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Japan overtakes China as largest US debt holder

Japan markets

Japan now officially holds more US debt than China, which has been America’s major creditor since 2008. In February Japan held $1.224 trillion in US government bonds compared to China’s $1.223 trillion. Both countries reduced their US debt investment, with China reducing its by $15.4 billion, and Japan by $14.2 ...

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United States is facing global economic isolation

Asian Infrastructure Investment Bank Countries AIIB

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 ...

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China moves one step closer to replacing the dollar

Obama wine China

From Filip Karinja, for Birch Gold Group The rise of China on the global economic stage got another boost this week. While discussing the potential that the Chinese renminbi (also known as the yuan) will be added to the IMF’s Special Drawing Right (SDR) basket of currencies, Christine Lagarde, the chief of the ...

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China is almost ready to replace the US dollar

Chinese Yuan world reserve currency

From Filip Karinja As the US dollar’s reign as global reserve currency appears to be ending, are we seeing the beginning of a new dawn in the east? Throughout history, global reserve currencies have proven to last for only so long. Before the United States’ currency reigned supreme, the currencies of ...

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Russia starts dumping US treasuries, China follows suit

China Russia president shots

Back in December, Socgen spread a rumor that Russia has begun selling its gold. Subsequent IMF data showed that not only was this not correct, Russia in fact added to its gold holdings. But there was one thing it was selling: some $22 billion in US Treasuries, a record 20% of its total holdings, bringing ...

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