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EU begs China for huge 1 trillion euro banker bailout
Humiliating phone call: It has been revealed that Nicolas Sarkozy contacted Chinese leader Hu Jintao to ask for investment and backing of the European fund.
Further embarrassment as one trillion euro bailout fund announced yesterday does not really exist.
Europe is holding out the begging bowl to China in an effort to keep the rescue package for the single currency alive.
In a clear sign of how the...
Senators Outraged U.S. Borrowing Big From China While Also Giving It Aid
US Senator Jim Webb
China is one of the biggest economies in the world and grew at more than 9 percent over the last year. It also has loaned more than $1 trillion to the U.S. to fund its deficit-spending.
But at the same time, the U.S. sends foreign aid to China, which lawmakers of all stripes say is just plain nuts.
“Why in the world would we be borrowing money and then turn around and giving...
Xiong Maoke, 5, dies in latest horrific Chinese traffic accident
Fatal: The truck that killed her five-year-old Xiong Maoke
After the tragedy of Yue Yue, the Chinese trucker who hit a boy… then ran over him again to be sure he’d died ‘because it was cheaper than paying the hospital bills’.
A lorry driver ran over a five-year-old boy – and then reversed over him to make sure he was dead in an apparent attempt to avoid footing hospital bills...
Chinese toddler dies after hit-and-run ordeal
Yue Yue was left with horrific brain injuries following the accident and she never recovered.
Two-year-old Yueyue, who was run over by two vans in southern China and ignored by several passersby, has died.
A severely injured Chinese toddler has died one week after she was run over by two vans.
The plight of the two-year-old girl, nicknamed Yueyue, was ignored by passersby only to grab the attention...
Girl, run over Twice as dozens of people ignore her in China
Unaware: Video footage shows the little girl crossing the road at Guangfo Hardware Market, without spotting the van approaching
Video footage of a two-year-old girl being run over by a van and ignored by passers-by in China has sparked outrage after being posted online.
The graphic surveillance video of the incident in Foshan city, Guandong province, shows the girl run over by a van, which then drives...
Putin slams the US Dollar at Chinese trade talks
Russian Prime Minister Vladimir Putin lambasted “parasitic” US monetary policies today at a press conference in Beijing.
“The US is not a parasite, but the US dollar’s monopoly is a parasite,” he said, backing Chinese calls for an alternative global reserve currency in light of the economic crisis crippling the developed world.
Mr Putin said his comments were “constructive...
China calls for firm opposition to US legislation pressuring RMB exchange rate
A spokesman with China’s Foreign Ministry on Wednesday called on the U.S. government, its congress and various communities to firmly oppose domestic legislation meant to pressure China’s currency, the Renminbi or yuan, into rising further.
“China calls on the U.S. government, its congress and various communities to oppose the pressure put on the RMB exchange rate by domestic legislation...
US envoy storms out after Russia and China veto UN resolution
Anger: Susan Rice, US Ambassador to the UN, walked out of a security council meeting after Russia and China vetoed a resolution on Syria
America’s ambassador to the U.N. stormed out of a security council meeting after China and Russia vetoed a resolution condemning Syria’s crackdown on anti-government protests.
Furious Susan Rice claimed Washington was ‘outraged’ by opposition...
Russia, China veto anti-Syria UN effort
Russian Ambassador to the UN Vitaly Churkin
Russia and China have vetoed a Western-backed United Nations Security Council resolution threatening military action and sanctions against Syria.
On Tuesday, nine countries voted for the text drawn up by France, Britain, Germany and Portugal, but Russia and China voted against, killing the resolution because of their veto power as permanent members of Security...
Russian Leader Tells Top Generals, “Prepare For Armageddon”
A grim Federal Security Services (FSB) report on Prime Minister Putin’s plan to meet China’s leader Hu Jintao [both pictured top photo right] in Beijing next week warns that both Russian and Chinese military forces are being placed on their ‘highest alert’ in anticipation of a massive land invasion believed being planned by the United States of both the Middle East and Central Asia.
The plans...
China Angry Over US Bill Warns of Trade War
The emergence of China as the world's fastest-growing major economy has led to often strained relations with the United States.
The passage of a bill intended to make Beijing let its currency rise could lead to a trade war between the world’s top two economies, Chinese officials have warned. Both China’s central bank and ministries of commerce and foreign affairs are accusing the U.S....
China Warns Russia Of Coming American Great Event
A shocking new Federal Security Services (FSB) report on Prime Minister Putin’s meeting this past week with one of China’s top military leaders is warning that the United States and its Western allies are in “active preparation” for the unleashing of a series of catastrophic events over the coming year designed to throw the world into chaos from which they hope global economic and social order...
The Great Event
We have received word today from Sister Aleksandra in Moscow that a new Federal Security Services (FSB) report on China’s Vice Chairman of the Central Military Commission, Guo Boxiong, urgent meeting this past week with Prime Minister Putin is now available for us.
This report is titled “The Great Event” and is directly related to the “terrifying” top-secret information given to China’s...
China backs Palestine's bid for UN membership
China on Tuesday said it backs Palestine’s efforts to seek recognition by the United Nations.
“China understands, respects and supports Palestine’s bid for UN membership,” Foreign Ministry spokesperson Hong Lei said at a daily press briefing on Tuesday.
Hong’s comments came after Palestinian Authority President Mahmoud Abbas said on Monday that he will formally apply...
China eyeing wholesale purchase of Italy?
Beijing: Visitors have their photos taken at Tiananmen gate in Beijing on August 17, 2011. China has allowed its currency to hit a series of record highs against the USD over the past week in a move analysts say may signal a new strategy to combat the growing threat of inflation.
With Italy second only to Greece in the Eurozone in terms of its debt-to-GDP ratio, the Italian government is eyeing China...