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China's Economy Collapsing
Banks made an additional 1.28 trillion yuan worth of loans to China in June.
Things are not looking for for China.
It seems like Beijing has averted a crisis as far as their stock markets are concerned with some heavy-handed intervention. But their corporate debt has already reached $ 16.1 trillion and is still rising.
Their corporate debt is currently at 160% of their GDP and that is twice as much...
Chinese Tanks, Guns Deployed Across Russia, 166 Train Cars Used
The Chinese military prepares to take part in the International Army Games along with 14 other nations.
The Russian Ministry of Defense reported on the successful deployment of Chinese military personnel, along with tanks, artillery and other materiel in various regions of Russia. They are preparing to take part in the International Army Games along with 14 other nations.
The games are due to be held...
China reveals gold reserves after 6 years
China has ended six years of concealing its gold reserves, announcing a 57% rise in its hoard which puts it in the top five with the largest stash of the precious metal.
According to the People’s Bank of China, bullion assets totaled 3.31 million troy ounces or about 1,658 metric tons at the end of the June.
The US has the biggest reserves put by the World Gold Council at 8,133.5 tons followed by...
China Strongly Condemns Japan's Approval of Controversial Military Bill
Chinese State Councilor Yang Jiechi on Thursday voiced serious concern over Japan’s passage of bills that will expand the role of Japan’s self-defense forces.
Japan’s ruling coalition passed the bill amid strong public opposition, marking the most significant overturn of the nation’s ‘purely defensive’ military posture.
On Thursday, hundreds of protesters outside the building...
Belarus set to import Tens of Thousands of Chinese workers
The Belorussian government says it will be moving in 20,000 Chinese workers into the city of Smalyavichy.
“Currently, there are 136 people. In total, we issued 6663 permits to Chinese workers. According to preliminary estimates, the construction requires about 20 thousand [Chinese] workers.” said Alexei Begun, Head of the Department for Citizenship and Migration, according to KP.by.
There are...
EU is Nothing but 'Subject' to US - French Media
In present-day international relations there are only two camps one can choose from and belong to – the United States and China; everyone else, including Europe, must accept the current state of affairs and become “docile subjects” of those who have power and authority, columnist Daniel Soulez-Lariviere said in Le Huffington Post.
In this day and age, the United States and China dictate the...
China's stock market bounces back, after government steps in to stop huge slide
Chinese stock indexes rebounded Thursday. The Shanghai Composite added about 6 percent after the securities regulator made a bold move and stopped shareholders with more than a five percent stake in a listed company selling their stocks for six months.
The Shanghai Composite Index closed 5.8 percent higher on Thursday and in Hong Kong the Hang Seng China Enterprises Index saw its biggest rise since...
BRICS Economic Agenda: Participants to Discuss Greek Debt Crisis
The Greek debt crisis, the expected lifting of sanctions on Iran and oil and stock market volatility will dominate the agenda of the BRICS summit which is opening today in Russia.
During their two-day meeting in Ufa, the leaders of Brazil, Russia, India, China and South Africa will discuss closer industrial, technological and financial integration of their countries within the five-nation bloc.
The...
China Warns Russia That “State Of War” Now Exists With United States
The Ministry of Foreign Affairs (MoFA) is reporting today the Federation has been informed by the State Council of the Peoples Republic of China (PRC) that a de facto “State of War” now officially exists between that Asian nation and the United States of America.
According to this report, following the “provisions and protocols” of the 8 May 2015 Russian-Chinese Cyber-Security Agreement that...
General Secretary of Communist Vietnam Invited to White House
Next week Obama will meet the general secretary of Vietnam’s Communist Party at the White House.
It is said Obama and Nguyen Phu Trong will discuss a number of issues, most importantly the 12-nation Trans-Pacific Partnership (TPP) globalist trade accord.
Vietnam plays an important role in the emerging globalist economy. Its authoritarian government works closely with transnational corporations to...
China holds 'unprecedented' naval drills in Yellow Sea
A Chinese flotilla with a naval vessel firing an anti-submarine missile during a drill at Peter the Great Bay in Russia.
China’s army has kicked off “unprecedented” air and sea drills in the Yellow Sea, between the Korean Peninsula and China, a report says.
According to a late Friday report by the Chinese People’s Liberation Army’s Daily, the exercises began earlier in the day. The report,...
Threat of US-Russia War Growing - Pentagon
An American military report has warned of a growing probability of the United States fighting a war with a major power, Russia or China, with “immense” consequences.
The report released on Wednesday by General Martin Dempsey, the chairman of the Joint Chiefs of Staff, singles out Russia and China as aggressive countries and a threat to US security interests.
“Russia’s military...
Raytheon wins DARPA ‘science fiction’ contract for hypersonic missile
This US Defense Advanced Research Projects Agency (DARPA) artists rendering shows the Falcon Hypersonic Technology Vehicle 2 (HTV-2).
US weapons researchers are looking to develop missiles moving more than five times the speed of sound, with arms giant Raytheon getting the initial $20 million development contract. The first flight tests are expected within two to four years.
Existing ballistic missiles...
UK suspends MI6 Espionage Activities in "Hostile" Russia and China - Snowden leak
The British MI6 secret service had to suspend operations of its field agents due to imminent exposure in “hostile” countries such as Russia and China, caused by former NSA contractor Edward Snowden’s leaks, the Sunday Times reports.
The Sunday Times alleges that both Moscow and Beijing have succeeded in cracking top-secret encrypted documents leaked by Snowden and thus learnt MI6’s methods.
The...
China confirms test of new hypersonic strike vehicle 'Wu-14'
The Chinese Defense Ministry confirmed the fourth test of a hypersonic nuclear delivery vehicle, which the US called an “extreme maneuver,” amid rising tensions between the two powers in the South China Sea.
The test of the hypersonic glide vehicle, which the US has dubbed the “WU-14”, was carried out on June 7 and is the missile’s fourth test in 18 months.
“The scheduled scientific...