China

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blindpig
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Re: China

Post by blindpig » Mon Oct 07, 2019 2:50 pm

China has added more than 100 tonnes of gold to its reserves in the last ten months, underlining its position as one of the leading central bank buyers of the precious metal.

The People’s Bank of China said that its holdings of gold rose to 62.64m ounces in September, an increase of 190,000 ounces from August.

The increase of nearly 5.4 tonnes of gold to China’s holdings comes at a time when central banks across the world have been buying gold to diversify their reserve assets away from the US dollar as global trade tensions continue to simmer. Gold is considered a haven asset and a store of value in times of uncertainty.

A total of 14 central banks, primarily from emerging markets, have bolstered their gold reserves so far in 2019, according to data from the World Gold Council.

Suki Cooper, precious metals analyst at Standard Chartered Bank, said that China was most likely attempting to diversify its reserves away from foreign exchange and the dollar, as well as mitigate risk as geopolitical tensions build.

“China hasn’t said what its gold policy is but it would need to buy two years worth of global production to achieve diversification,” she said. “It looks like it is on track to add 150 tonnes for the whole year. The desire to add gold is there.”

China’s central bank has continued to stock up on bullion as the trade war with the US shows little sign of easing and the domestic economy is showing signs of slowing down. Negotiators from the US and China are set to meet at the end of the week but neither side is showing clear signs of backing down.

The gold price has risen by about 17 per cent this year to trade at just under $1,500 a troy ounce on Monday, putting the metal on course to achieve its best year since 2010.

https://www.ft.com/content/a27abea2-e90 ... 0e5018f061

1] Serious 'metals' reserves. Check
2] Holds 40% of all US foreign debt. Check
3] Planned economy resistant to violence of market. Check

"Trade wars are easy to win."
"We ask no compassion from you. When our turn comes, we shall not make excuses for the terror."

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blindpig
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Re: China

Post by blindpig » Sat Nov 02, 2019 2:28 pm

China reaffirms commitment to state-led economy despite US pressure, after top Beijing policy meeting
Beijing reaffirms ‘public ownership’ is fundamental to China’s economic system in statements following fourth plenum this week
Top economic official promises to provide level playing field to all, including international firms, despite concerns over uneasy marriage of the two

Orange Wang

Published: 6:59pm, 1 Nov, 2019

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Chinese President Xi Jinping speaks to workers during his visit to China First Heavy Industries in Qiqihar, in northeast China's Heilongjiang Province. Photo: Xinhua

After China’s closed door policy meeting this week, Beijing’s top brass reaffirmed its commitment to the state-led economy, while simultaneously promising a level-playing field to international business.
The state economy will get “stronger, better and bigger”, a press conference in Beijing heard on Friday, while public ownership will remain the primary vehicle for economic growth.
China will also “unswervingly encourage, support and guide” the development of private businesses, and allow the market to play a “decisive” role in resource allocation, according to the official statement from the four day plenum session of the ruling Communist Party’s Central Committee, held this week.
The statement conveyed the key conclusions from closed door discussions between 370 of China’s ruling elite over the past four days. It also reconfirmed some of the fundamental differences between the economic models of the United States and the European Union and increasingly statist model pursued under Chinese President Xi Jinping.
While Washington and Brussels complain about the unfair advantages enjoyed by Chinese state-owned enterprises (SOEs), Beijing insists that a powerful state sector is vital for China’s economy, but claims that it does not preclude economic fair play.


Han Wenxiu, executive deputy director the General Office of the Central Financial and Economic Affairs Commission, told the press conference that China’s SOEs are “normal market players” that “follow market rules and take part in competition on an equal basis with others”, after four decades of reforms.
In addition, China’s state firms now largely exist in industries “important to national security that are backbones of the national economy”, Han claimed, adding that SOEs have retreated from “generally competitive sectors”.
“SOEs do not have advantages by definition. They are market entities the same as others, not only in the domestic market but also overseas,” Han said.
Han’s comments reflect Beijing’s view that it is possible to achieve “competitive neutrality” among public and private businesses. But the Chinese government is struggling to convince international businesses that such an easy relationship can exist, when key sectors from telecoms to energy are dominated by state players which have clear advantages in obtaining low-cost funding and government licenses.

Li Jianwei, a professor at the China University of Political Science and Law in Beijing, said the state economy has made “the government both a referee and an athlete on the ground”. “It is impossible for it to treat SOEs, private companies and foreign firms equally,” Li said.
However, Han said Beijing would continue to attempt to balance the two, by more law enforcement against monopolies and a punitive compensation mechanism for intellectual property violation. “The plenum has discussed the issue of creating a fair competition for businesses of different ownership,” he said.

https://www.scmp.com/economy/china-econ ... despite-us

We should always keep in mind that Chinese English language outlets are intended for Western booj audience. This is a 'mistake' that trot Maoists make.
"We ask no compassion from you. When our turn comes, we shall not make excuses for the terror."

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Re: China

Post by blindpig » Tue Dec 03, 2019 12:23 pm

Why Are Ukrainian Neo-Nazis Joining the Hong Kong Protests?© Sputnik Screenshot

Image

22:47 02.12.2019

Prominent Ukrainian neo-Nazi figures have been spotted in the Hong Kong protests just weeks after hosting an “academy of street protest” in Kiev.

Leaders of far-right Ukrainian groups that rose to prominence in the 2014 coup d’etat they helped orchestrate, including the Azov Battalion and Right Sektor, have recently traveled to Hong Kong to participate in the anti-Beijing protests there. It’s unclear why the groups, sporting the apparel of a far-right hooligan group called “Honor” or “Gonor,” have gone to Hong Kong, but the fact that both the 2014 Ukrainian coup and the present protests in Hong Kong have enjoyed extensive support from the CIA-spawned National Endowment for Democracy may give a clue.

“Hong Kong welcomed us as relatives,” Serhii Filimonov wrote on Facebook Saturday, sharing a video of himself and other Ukrainian far-right figures in the semi-autonomous Chinese city. Filimonov once headed the Kiev branch of the Azov Civilian Corps, a support group for the ultra-nationalist Azov Battalion that’s thinly veiled as a civilian NGO.

“Fight for freedom stand with Hong Kong!!” said another post by Filimonov, showing them posing, masked, alongside Hong Kong protesters.
Figures in the video as well as photos posted the following day include Ihor Maliar, an Azov Battalion veteran who sports a “victory or Valhalla” tattoo across his neck, and Serhii Sternenko, who headed the Odessa section of Right Sektor when it torched the Trade Unions House on May 2, 2014, killing 42 people and injuring hundreds in the street violence before and after. Sternenko also helped found the “People's Lustration” fascist gang, which harassed, beat up and humiliated former officials of the Ukrainian government in the months following the 2014 Euromaidan coup.

© SPUTNIK SCREENSHOT
Screenshot of a Facebook post by Serhii Filimonov showing "Gonor" members in Hong Kong
Several of the men wear paraphernalia of the far-right “Honor” or “Gonor” so-called youth group founded by Filimonov in 2015, sporting a stylized version of the “trident,” a symbol with ancient meaning in Ukraine adopted by ultra-nationalists, as three daggers. Several also have neo-Nazi tattoos, such as swastikas.

Actual swastika tattoos, just in case you were left in any doubt these are actual neo-nazis. pic.twitter.com/z2HqMWNXuO

— Hong Kong Hermit (@HongKongHermit) December 2, 2019
​The men also posed in front of the wrecked Hong Kong Polytechnic University, where an intense two-week showdown between police and protesters saw more than 1,000 students detained and thousands of weapons seized, including petrol bombs and explosives.


© SPUTNIK SCREENSHOT
Serhii Filimonov post showing Ukrainian far-right figures posing in front of Hong Kong Polytechnic University
Early last month, Filimonov, Sternenko and Maliar spoke at an “academy of street protest” in Kiev, the posters of which featured a molotov cocktail emblazoned with the “Gonor” logo.


© SPUTNIK SCREENSHOT
Poster for an "academy of street protest" featuring lectures by several Ukrainian far-right figures
A Ukrainian Facebook page that came to the defense of the Gonor crew and their trip Monday afternoon seems to bridge the gap between the two movements. Calling itself the “Free Hong Kong Center,” the page posts about the supposed strong links between the Hong Kong and 2014 Ukraine protests, complete with the words “umbrella” and “dignity” on their banner, referencing what demonstrators in Hong Kong called their 2014 protests, seen as a precursor to the present unrest, and by far-right Ukrainians to the 2014 coup.

The Center came to the defense of Gonor on Monday, posting that they are “simple activists” now and “are not connected to any Azov movements any more.”
“They assured us they are really against nazism and another kind of alt-right ideology,” they posted, dismissing the neo-Nazi imagery as traditional Ukrainian symbols.


© SPUTNIK SCREENSHOT
Facebook post by "Free Hong Kong Center" defending "Gonor" members' visit to Hong Kong
It’s not clear exactly what these “simple activists” were doing in Hong Kong. However, it’s worth noting the extensive groundwork laid for both the 2014 uprising in Ukraine and the 2019 protests in Hong Kong via the National Endowment for Democracy (NED).

In the three years before the 2014 coup, the CIA-backed NED sunk $14 million into regime change efforts in Ukraine, and the NED has been cultivating anti-Beijing attitudes in Hong Kong since the mid-1990s, before the territory was returned to Chinese rule by the British Empire.
Whether Filimonov and associates are there at the NED’s behest or as simply a bit of protest tourism is anybody’s guess.

By Morgan Artyukhina

https://sputniknews.com/asia/2019120210 ... -protests/
"We ask no compassion from you. When our turn comes, we shall not make excuses for the terror."

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blindpig
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Re: China

Post by blindpig » Sat Dec 14, 2019 12:59 pm

Image

Uyghur Genocide: The “Muslim Holocaust” in China?
December 13, 2019 orinocotribune
By Mona Issa – December 11, 2019

Beijing (AHT) – As the media turns to accuse China of an Uyghur genocide and Muslim holocaust in Xinjiang province, research suggests otherwise. For countries like Australia, the US, and France to come forward and defend Muslims whilst having a notorious history killing them abroad, it only serves logic that the legitimacy of their accusations plummets.

What’s happening in China? Is there really an Uyghur Genocide or Muslim Holocaust?

The Chinese Communist Revolution of 1949 resulted in the integration of Xinjiang province with the mainland. Xinjiang – or the Uyghur Autonomous Province – is the most ethnically diverse province in China, populated by 23 million, which is a drop in the ocean compared to China’s crushing population of 1.43 billion.

Although China deems the Uyghur Muslims no more native than the Hans, who are a majority ethnicity (92%) in China, the Uyghur’s ambition to form an independent ‘East Turkestan’ is not only rejected by China but also neighboring Muslim states.

Washington and NATO have expressed strong condemnation of the way China has treated Uyghur Muslims. Of the most prominent organizations which have been rigorously vocal since its establishment in 1996 is the World Uyghur Congress (WUC).

The WUC is funded by the National Endowment for Democracy (NED), which is a soft power tool for U.S. foreign policy. While the WUC accuses China of “cultural and religious repression” of Uyghurs, the Turkic-speaking minority have executed thousands of terror attacks in the last 30 years alone. From shanking, to bus bombings, to suicide bombings, to vehicle-ramming, to plane hijacking, as well as killing Muslim religious figures.

But, let’s not generalize.

We cannot repeat the same mistakes of the past and stereotype an entire community of some 10 million Uyghur Muslims into terrorism. However, what could be said are two things – one, there is a fertile ground in Xinjiang for extremism and terrorist activity, and two – those engaging in extremism and terrorist activity have a name: The Turkistan ‘Islamic’ Party (TIP).

An offshoot of Al Qaeda, the ‘Turkistan’ Islamic Party is a Xinxiang-based terrorist group founded by Uyghur Muslims within the region. Furthermore, the TIP is closely affiliated with the World Uyghur Congress.

Reports in 2019 disclose that the United States has been funding militants while performing acts of generosity: $960,000 in donations to the WUC.

The TIP is run by Uyghur natives, who take advantage of the vast remote geography to run training camps. Abdul-Haq Al-Turkestani, the former leader of TIP killed by a drone strike, ran training camps in both pre-invasion Afghanistan and Taliban-stronghold areas in Pakistan.

Abdul-Haq has not only declared TIP responsible for the twin bomb blasts in 2009 in the city of Kashgar, but he has also threatened to kidnap staff members by sending a letter to the embassy of China to Pakistan. Al Haq, a member of Al-Qaeda’s Shura Majlis, was responsible for recruitment, propaganda, devising and implementing terror attacks.

Abdul_Haq_al-Turkistani_bf137

Is it only enmity with the Hans?
Although Al-Haq has called on Muslims to charge into an attack against the Chinese people for “massacres against Muslims,” multiple videos and reports have shown that Uyghur terrorists are indiscriminate of their aggressive assaults.

Hushur, an imprisoned contributor to the Tian’anmen Square attack, told authorities “We had to do it where people were concentrated. We would warn none beforehand. It didn’t matter whether you were a Muslim or an Uyghur, there was no distinction.”

In another instance, an Uyghur terrorist detonates a bomb in a market place, severely injures his own uncle, and is then slashed by his own nephew on the scene.

How has China dealt with it?
When it comes to their judiciary compass, China points out “three evils:” terrorism, separatism, and extremism – all of which are of serious concern to its social stability and national security, all of which punished severely.

On a regional level, Shanghai Cooperation Organization (SCO), founded by China, Russia, Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan, functions to ensure mutual security and social stability.

Members of SCO are obliged to hand over individuals accused of terrorism to China. In parallel, the United Nations has repeatedly granted caught suspects “refugee status,” and US-funded human rights organizations such as Freedom House and Amnesty International expressed concerns over human rights violations against the terrorists upon returning to their homeland.

Through UN jurisdiction, the Uyghur terrorists are granted protection by international law until further notice. However, this does not block SCO advancements.

For example, after the July bomb blasts in Kashgar which resulted in 18 deaths, investigations revealed that the terrorists who were involved in the act were trained in Pakistan. With this knowledge, Beijing sent out an official request to Islamabad to attain military presence in tribal areas of Pakistan and shut down the camps.

On a local level, China since the 1949 revolution has been known to limit the religious practice but not forbid it, unlike what the World Uyghur Congress claims.

The Xinjiang province alone enjoys some 25,000 mosques, some of which are being demolished for spreading religious extremism. Because the Uyghur Autonomous Province has been a hot zone for deadly conflict, massive internment camps were designed and launched in 2017, which host over one million Uyghur Muslims and other minorities.

The camps, engineered by a Communist Party official Zhu Hailun, are not the “Muslim Holocaust,” but more like a detention center where individuals are selected according to national databases and artificial intelligence probing for connections to violent separatist activity. Such individuals are forced to undergo ideological change and deradicalization in order to be integrated into Chinese society.

In a leaked document by the Chinese government, through the China Cables, tactics and procedures are intricately articulated. The document shows how to ensure the safety of inmates in case of fires, diseases, and disasters, as well as the privacy of the program.

Furthermore, the program has been described as “vocational skills education,” where inmates learn Mandarin, emotional regulation, manners, civility, hygiene, and anti-extremist ideology. The inmates, or “students,” are evaluated by the teachers based on a customized point system, and are granted assistance for employment after at least one year of release.

Counter-terrorism camp should be called what it is, and not a Muslim concentration camp which indiscriminately drags Uyghur Muslims from their homes into torture and assault after 70 years of the revolution. However, the high secrecy and restricted media coverage policy of the camps could potentially leave room for setbacks and discrepancies.

Uyghur genocide claims: How did the US respond?
While the US and other NATO members have signed a letter condemning China’s initiative to counter-terrorism, the majority of UN members have signed a letter of support for the initiative, reinstating China’s legitimacy in the international community.

Furthermore, it is fair to say that for countries like Australia, the US, and France to come forward and defending Muslims against a Uyghur genocide whilst having a notorious history killing them abroad, it only serves logic that the legitimacy of their accusations plummets. However, upon finding any evidence of assault and violations, perhaps Muslim countries who’ve had open solidarity stances towards Yemen, Palestine, Bahrain, and Iraq would have better credibility.

Nonetheless, China declares that upon the implementation of the camps in 2017, there hasn’t been a terrorist attack in Xinjiang since.

Featured image: Cantetik2 | Wikicommons; Protestors in Turkey burn Chinese flags, wave Uyghur flags.

https://orinocotribune.com/uyghur-genoc ... -in-china/

Not bad though '1 million' seems like a big number, but China is a very populous country. And I got a few doubts about the 'reliability' of this outlet tho it's served pretty well so far. Several other relatively new outlets(at least to me) that have been useful have turned out to be Trot, I guess 'Permanent Revolution' was a dead giveaway, huh? Why are pissants so prominent in the 'prints'? Follow the money......
"We ask no compassion from you. When our turn comes, we shall not make excuses for the terror."

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blindpig
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Re: China

Post by blindpig » Sat Dec 21, 2019 11:52 pm

Nearly 90 pct of young Chinese identify with Marxism: survey
Xinhua | Updated: 2019-05-10 14:18

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College students in Zhenjiang, Jiangsu province, hold a flag of the Communist Youth Colleague to celebrate the upcoming 100th anniversary of the May Fourth Movement, April 15, 2019. [Photo/IC]

BEIJING -- As China celebrates the centenary of the May Fourth Movement, a recent survey conducted by the China Youth Daily found that 87.6 percent of young Chinese identify with Marxism.

A total of 10,393 young Chinese from 31 provincial regions in China have participated in the survey conducted from April 19 to 29, among whom 67.4 percent were born in or after 1990.

Of all the respondents, 89.3 percent of those born in or after 2000 identify with Marxism, the highest percentage of all age groups, the newspaper reported Friday.

This is followed by those born between 1980 and 1990 and those born between 1990 and 2000, of whom 88 percent and 87.8 percent identify with Marxism respectively.

About 54 percent of the respondents said that they have paid close attention to news reports about the centennial celebration of the May Fourth Movement.

The May Fourth Movement in 1919 is widely considered a great patriotic and revolutionary campaign pioneered by advanced young intellectuals and joined by people from all walks of life to resolutely fight imperialism and feudalism.

http://www.chinadaily.com.cn/a/201905/1 ... I4EaMrY6_8
"We ask no compassion from you. When our turn comes, we shall not make excuses for the terror."

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