[OFFICIAL] - China

Discussion in 'Politics' started by blackbull1970, Nov 21, 2011.

  1. free816

    free816 New Member

    Slow up fellas
     
  2. flaminghetero

    flaminghetero Well-Known Member

    Africans students DIE in china all the time.

    Stop acting like they love and respect your Black ass.

    I don't see any of them dying in Africa...as they should.

    The Asian does not respect the African...he doesn't have too.:smt042..they are getting everything they want.

    They don't care about your internal affairs,they're there for your natural resources...the same resources you will need down the road.

    If they don't give a shit about their own water supply and farmland they sure as hell don't give a damn about yours or mine.

    Like I said

    China is a massive ponzi scheme masquarading as a country...not only that..it is a enviromental NIGHTMARE.

    To boost its GDP and lure suckers/investor....China is paving over farmland to build GHOST CITIES so big they can be seen from outter space...cities that nobody will ever dwell.

    http://www.businessinsider.com/chinas-ghost-cities-in-2014-2014-6

    Why is China constructing large, well-designed “ghost cities” that are completely devoid of people?
    [​IMG]


    [​IMG]

    Is this what ya'll want for Africa?????
     
  3. pettyofficerj

    pettyofficerj New Member

    People robbing africa.......

    In other news TDK is bald
     
  4. The Dark King

    The Dark King Well-Known Member

    Just my balls sir lol
     
  5. pettyofficerj

    pettyofficerj New Member

    Seriously tho, Africa has been plundered for decades while the western world is fed images of desolation, jungles and wild animals ie no worth
     
  6. goodlove

    goodlove New Member

    Damn i thought this was a porn thread
     
  7. pettyofficerj

    pettyofficerj New Member

    I know right

    We used to have an asian women thread but hair-braiding mothafuckas named 'Twan started buggin out over pussy of a different flavor
     
  8. The Dark King

    The Dark King Well-Known Member

    Very true
    Test drove a Tesla yesterday and I got say their business model is gonna kill a lot of that bs if it has the opportunity to catch on. Dude was such a good salesman he had me wanting to apply for a job lol
     
  9. goodlove

    goodlove New Member

    Lol
     
  10. smoothtalk

    smoothtalk Member

    I disagree.
     
  11. pettyofficerj

    pettyofficerj New Member

    Well, now that this is established.....
     
  12. blackbull1970

    blackbull1970 Well-Known Member

    China's ICBC to set up offshore yuan center in Los Angeles

    http://www.reuters.com/article/2014/11/22/us-china-los-angeles-yuan-idUSKCN0J605B20141122

    (Reuters) - China's Industrial and Commercial Bank (ICBC) signed a pact with the Los Angeles city government to promote cross-border yuan trade and set up an offshore renminbi center in California, the bank said on Saturday.

    The move to create an offshore RMB center in the largest state in the United States would lay the foundations for greater yuan trade with China, ICBC said in a statement.

    The agreement comes at a time when many other countries are ahead of the United States in establishing cross-border trade in yuan.

    The move to create an offshore RMB center in the largest state in the United States would lay the foundations for greater yuan trade with China, ICBC said in a statement.

    The agreement comes at a time when many other countries are ahead of the United States in establishing cross-border trade in yuan.

    The United States has lagged other markets in seeking to set up offshore yuan trading hubs because the U.S. dollar remains the world's dominant currency and U.S. firms are reluctant to accept the yuan, a Chinese bank executive said.

    Beijing wants to promote its currency to more international investors and eventually turn the "redback" into a global reserve currency, while at the same time expanding its already considerable political and economic clout.

    About 15 percent of China's trade was settled in yuan in the first nine months of 2014, up from less than 1 percent in 2009.

    In the first nine months of 2014, cross-border payments between the United States and China reached more than 160 billion yuan, ICBC data show.

    During that time, ICBC's cross-border business was worth nearly 28 trillion yuan, up more than 80 percent from the corresponding period last year.
     
  13. blackbull1970

    blackbull1970 Well-Known Member

    The IMF Officially Adds The Chinese Yuan Officially to the World's Reserve Currency

    http://www.nytimes.com/2015/12/01/b...n-region&region=top-news&WT.nav=top-news&_r=0

    HONG KONG — The International Monetary Fund on Monday approved the Chinese renminbi as one of the world’s main central bank reserve currencies, a major acknowledgment of the country’s rising financial and economic heft.

    The I.M.F. decision will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power. But it also introduces new uncertainty into China’s economy and financial system, as the country was forced to relax many currency controls to meet the I.M.F. requirements.

    The changes could inject volatility into the Chinese economy, since large flows of money surge into the country and recede based on its prospects. This could make it difficult for China to maintain its record of strong, steady growth, especially at a time when its economy is already slowing.

    The I.M.F. will start including the renminbi in the fund’s unit of accounting, the so-called special drawing rights, at the end of September. The renminbi will take its place alongside the dollar, the euro, the yen and the pound.

    Many central banks follow this benchmark in building their reserves, so countries could start holding more renminbi as a result. China will also gain more influence in international bailouts denominated in the fund’s accounting unit, like Greece’s debt deal.

    The decision to include the renminbi “is an important milestone in the integration of the Chinese economy into the global financial system,” Christine Lagarde, the managing director of the I.M.F., said in a statement. “It is also a recognition of the progress that the Chinese authorities have made in the past years in reforming China’s monetary and financial systems. The continuation and deepening of these efforts will bring about a more robust international monetary and financial system, which in turn will support the growth and stability of China and the global economy.”


    China’s leadership has made it a priority to join this group of currencies, naming it in October as one of its highest economic policy priorities in the coming years. The renminbi’s new status “will improve the international monetary system and safeguard global financial stability,” President Xi Jinping of China said in mid-November.

    In the months before the I.M.F. decision, China took several actions to make sure that the renminbi was more widely embraced. China did so partly to meet the I.M.F.’s rule that a currency must be “freely usable” before it can be included in this benchmark.

    China and Britain have sold renminbi-denominated sovereign bonds for the first time in London, which has emerged as Europe’s hub for the currency. Even Hungary has announced plans to issue its own renminbi-denominated bonds as well, while the Ceinex exchange in Frankfurt has begun trading funds this month based on renminbi bonds. Preparations began to trade renminbi-denominated oil contracts in Shanghai, where copper and aluminum contracts are already sold.

    Most important, China began changing the way it sets the value of the renminbi each morning. In doing so, it abruptly devalued the currency.

    The entry itself into the special drawing right is mainly symbolic. But such broader moves toward greater financial transparency and easier trading — part of the process to meet the I.M.F. requirements — will have long-term effects on the renminbi’s use.

    “There’s this obsession with the S.D.R., and it’s completely out of proportion to its economic impact, which is likely to be trivial,” said Randall Kroszner, a former Federal Reserve Board governor who is now an economics professor at the University of Chicago. “It may be that in the drive to get into the S.D.R., they may make changes that make the renminbi more attractive for international market participants.”
     
  14. blackbull1970

    blackbull1970 Well-Known Member

    Beijing blasts Pentagon report on Chinese military as damaging trust

    http://www.msn.com/en-us/news/world...s-damaging-trust/ar-BBt3wQH?ocid=ansmsnnews11

    China condemned the U.S. Defense Department's annual report on the Chinese military on Sunday, calling it deliberate distortion that has "severely damaged" mutual trust.

    In its annual report to Congress on Chinese military activities, the U.S. Defense Department said on Friday that China is expected to add substantial military infrastructure, including communications and surveillance systems, to artificial islands in the South China Sea this year.

    China's Defense Ministry spokesman Yang Yujun expressed "strong dissatisfaction" and "firm opposition" to the Pentagon report and said it has "severely damaged mutual trust," state news agency Xinhua reported....The report "hyped up" China's military threat and lack of transparency, "deliberately distorted" Chinese defense policies and "unfairly" depicted Chinese activities in the East and South China seas, Yang was quoted as saying.

    "China follows a national defense policy that is defensive in nature," Yang said, adding that the country's military build-up and reforms are aimed at maintaining sovereignty, security and territorial integrity and guaranteeing China's peaceful development
    Click Above Link For Full Story
     
  15. blackbull1970

    blackbull1970 Well-Known Member

    The Future of China's Diplomacy in the Middle East

    http://thediplomat.com/2016/07/the-future-of-chinas-diplomacy-in-the-middle-east/

    President Xi Jinping made his first overseas visit in 2016 to Saudi Arabia, Egypt, and Iran, which implied that China is considering bringing its “One Belt and One Road” strategy (OBOR) to the Middle East and regards this region as a critical area of neighborhood diplomacy. So what kind of diplomacy should China conduct in the Middle East? Is it the time for China to become militarily involved — for example, to send an army to Syria?

    Also, given that China issued an “Arab Policy Paper” right before the visit, does this mean that China-Arab relations will cover Chinese-Iranian relations as well? To answer those questions, we need to figure out three things: the main characteristic of the Middle East, China’s comparative advantages, and China’s interests in this region.

    Besides its importance in geopolitics and geography, the Middle East is rich in energy resources (according to the BP Statistical Review of World Energy 2015, the region accounts for 47.7 percent and 42.7 percent of the world’s proven oil and natural gas reserves, respectively) and human resources (with a population of about 500 million, youthful demographics, and a high growth rate), and is in the process of industrialization and urbanization. All Middle Eastern states except Israel are developing countries.

    However, the region is also famous as a home to various conflicts. Religious conflicts, national conflicts, and economic conflicts mingle together, which has even caused several local wars. This region has become a hotbed of terrorism and religious extremism.

    Because of the lack of a dominant power, the regional powers — Turkey, Iran, Egypt, Saudi Arabia, even Iraq — vie with with each other over the leadership of Middle East. The conflicts between small and middle powers frequently result in intervention from regional powers and outside powers. Outside powers often support different countries, religions, or religious sects to secure their own benefits.

    Click Above Link For Full Story...
     
  16. blackbull1970

    blackbull1970 Well-Known Member

    China Aligns With Russia in Syria, Creating a Headache for the US

    http://www.thefiscaltimes.com/2016/08/18/China-Aligns-Russia-Syria-Creating-Headache-US

    As if the multi-party war in Syria weren’t complicated enough, it now appears that the People’s Republic of China has decided to take a more active role in the conflict, providing increased humanitarian assistance and possibly military training to Syrian forces, according to China’s state-run media outlet Xinhua.

    China’s announcement that it is increasing its commitment to the Assad regime comes just a day after Russia announced that it had launched strikes against ISIS from an airbase inside the Islamic Republic of Iran.

    Combined, these two events create a major foreign policy conundrum for the Obama administration, as three of the countries most resistant to the US on the global stage appear to be teaming up against a non-state actor that has frustrated the US for years.

    At first glance, it might seem like a lucky break for the US that three of its adversaries are combining to challenge a fourth. However, the problem is that they are doing so in support of a Syrian regime that has brutally repressed a popular uprising through indiscriminate attacks on civilian populations, torture, and the use of banned chemical weapons, a regime that Obama has said must be removed.

    The Xinhua report said that Guan Youfei, director of the Office for International Military Cooperation of China's Central Military Commission, met Syrian Defense Minister Fahad Jassim al-Freij to discuss expanding a relationship that has so far been more low-key.

    “China and Syria's militaries have a traditionally friendly relationship, and China's military is willing to keep strengthening exchanges and cooperation with Syria's military," Guan said, according to Xinhua.

    A decision by China to increase its involvement in Syria would necessarily require closer cooperation between Beijing and Moscow, because Russian forces have been in Syria propping up the regime of Bashar al-Assad for nearly a year now, mainly through air and naval power.

    In a three-way war, Assad is fighting rebel groups that oppose his increasingly brutal regime at the same time that he is fighting the terror group ISIS, which holds territory in Syria. Some of the rebel groups fighting Assad are simultaneously fighting ISIS.

    Iran, where Shia Islam dominates, is a dedicated foe of ISIS, a terror group that holds that Sunni Islam is the only true form of the religion. ISIS holds that all Shia are apostates worthy of death if they refuse to convert.

    Russia’s state-controlled media immediately jumped on the possibility that China’s increased involvement in the conflict suggested a new alliance.

    “China to Play Greater Role in Syria While US ‘Left Out,’ trumpeted RT.com. The Kremlin-backed site added, “Are we seeing the start of a new anti-Islamic State coalition with Russia, Iran and China’s involvement in Syria? How could it influence the balance of power in the region? What reaction could be expected from the West, particularly from the countries involved in Syria?”

    Immediate reaction from the White House seems unlikely, but the same doesn’t go for Republican presidential candidate Donald Trump, who has been a frequent critic of the Obama administration’s policies in the Middle East.

    However, the Trump campaign’s path on this question isn’t obvious, either. Trump has spent much of his time on the campaign trail calling for the US to cooperate with Russia in the battle against ISIS. But he has also repeatedly attacked the Iranian regime and has made criticism of the Chinese government a standard talking point on the stump.

    Complicating matters further is a spate of news stories suggesting that Trump’s campaign chair, Paul Manafort, has been a paid advocate of a Russia-friendly political party in Ukraine, whose leader was overthrown in a popular uprising in 2014. Among the allegations leveled against Manafort is that he organized protests against the North Atlantic Treaty Organization -- something that could be seen as working against the interests of the US, which is a member of the NATO alliance.

    The Trump campaign, meanwhile, is in a state of turmoil after a major staff shakeup was announced Tuesday night.

    All told, it might be for the best if neither the White House nor the Trump campaign responds to the latest news out of Syria in a hurry.
     
  17. Bliss

    Bliss Well-Known Member

    ^ ^ ^ ^^ ^^ ^^ ^^

    China is an ally to Russia.. Why is anyone surprised?
     
  18. blackbull1970

    blackbull1970 Well-Known Member

    All aboard! The Chinese-funded railways linking East Africa

    By Sophie Morlin-Yron, CNN
    Updated 6:18 AM ET, Tue January 17, 2017


    http://www.cnn.com/2016/11/21/africa/chinese-funded-railways-in-africa/

    Near Africa's horn on the easternmost part of the continent, a shiny new electric railway runs alongside an old abandoned track through both arid desert and green highlands.

    Some 750 kilometres (466 miles) long, the $4 billion line connects landlocked Ethiopia to the Red Sea coast in Djibouti.
    Officially inaugurated last week after test runs kicked off in October, it is expected to cut the travel time between the Ethiopian capital Addis Ababa and the port in Djibouti from three days by road to 12 hours by rail.

    Like a number of other planned lines it was partly funded and built by Chinese companies. It could soon link up with neighboring Sudan and Kenya -- where the first part of a new $13 billion Kenyan railway connecting Mombasa to Nairobi is taking shape.
    The sprawling network is planned to continue into South Sudan, Uganda, Rwanda and Burundi, as part of transnational efforts to connect countries within East Africa.

    This could transform how goods and people move, and the increased number of lines is expected to boost trade in countries like Kenya, says Kuria Muchiru, advisory partner, East Africa, at PwC in Kenya.
    "Because we probably have about 4,000 trucks everyday making the trip up from Mombasa into Nairobi, and some go farther on," adds Muchiru.

    The ports are where the magic happens, with 90% of African imports and exports conducted by sea which can be an issue for trade coming into landlocked countries.

    "The new lines will have access to the ports and be able to almost offload directly onto the train and then straight onto inland locations," Muchiru says.

    Billions in loans

    The new lines are part of the so-called LAPPSET rail project and the EAC Rail Sector Enhancement Project, also called the East African Railway Masterplan, and managed by the East Africa Community (EAC) -- an intergovernmental organization run by Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda -- together with consulting company CPCS.

    But railways don't come cheap, and African countries are borrowing heavily from China to scrape the funds together.

    In the 10-year period between 2004 and 2014, African countries borrowed nearly $10 billion for railway projects from China, facilitated by the China Export Import Bank (Exim), according to researchers by SAIS China Africa Research Initiative at Johns Hopkins School of Advanced International Studies (SAIS-CARI).

    Why does China invest so enthusiastically?

    China sees the railways as an investment opportunity which also creates an export market for their booming steel and construction industries, says Deborah Brautigam, professor of international political economy and director of SAIS-CARI.
    "They have overcapacity in China. They have steel that they want to use. They've got experienced companies that know how to build railways."

    But it's not without risks, and whether the loans will be fully repaid remains to be seen, she adds.
    "That's still a question mark."

    However, while countries often dream big, not all projects make it past the planning stage, according to Brautigam.

    Looking at larger projects, five railways have materialized so far, with the Tazara railway -- which links Tanzania and Zambia -- being the first to be completed back in the 1970s.

    The other four projects are in Ethiopia, Nigeria, Kenya and Sudan, says Brautigam.

    The West not as keen

    The US and other Western countries have financed some railways and other infrastructure projects across the continent, but they haven't been as keen to invest as China, partly due to a fear that the African countries won't keep up the maintenance, Brautigam says.

    "[They] have put some money into these railways but not very much. They really haven't wanted to finance them."

    "They felt, and probably rightly, that these governments were not doing a good job with what they had already," she adds.

    So are these new East African railway projects feasible? Andrew Grantham, editor at Railway Gazette International who covers railway developments in the area, says that as long as there are funds and political will, there are no technical hurdles to expect.

    "The Chinese have built a railway to Tibet, and once you've done that, very few things are going to be a technical challenge."
    "If you have the right environments, there is no reason these schemes shouldn't happen," he adds.
    While the old colonial lines vary in size and style, the new Chinese railways will be standardized, which makes it easier to link lines and countries, Grantham explains.

    "Essentially, the Chinese will give you a catalogue. You pick one and build it."

    Is China building everything in Africa?
    It's not just railways. The Chinese are involved in constructing buildings, dams, and bridges within the continent.
     
  19. Bliss

    Bliss Well-Known Member

    China has sent troops out to the Horn of Africa to establish its first international military base.

    The ships set sail from the southern city of Zhanjiang, around 260 miles west of Hong Kong for the small African country of Djibouti on Tuesday.

    That move has some in the US military concerned - not just because it's China's first step towards international military power, but because the new base is located just four miles from US Camp Lemonnier.

    http://www.dailymail.co.uk/news/article-4688458/China-sends-troops-military-base-Djibouti.html
     
  20. Bliss

    Bliss Well-Known Member

    While we intra-fight, China and (Russia) is manouvering to bring the U.S to its knees.

    [​IMG]

    China Moves on New World Order: Will Buy Oil With Gold-Backed Currency—Bypassing US Petrodollar

    In a direct challenge to U.S. imperialism, China's yuan-denominated contracts - backed by gold -will let oil exporting countries bypass using the U.S. petrodollar.

    By
    Jay Syrmopoulos
    -
    September 4, 2017

    [​IMG]

    Home Be The Change

    Beijing, China – In an effort to hedge against U.S. hegemony, and what could be a global game-changer, the world’s top oil importer, China, is preparing to denominate crude oil futures contracts in Chinese yuan to be convertible into gold. The move would allow oil exporting countries to bypass benchmarks denominated in U.S. petrodollars — creating what will almost certainly be the most critical Asian oil benchmark, according to a report by Nikkei Asian Review.

    Typically, crude oil is priced in relation to Brent or West Texas Intermediate futures, both denominated in U.S. dollars.

    The move by the Chinese will allow oil exporting countries such as Iran and Russia to bypass U.S. sanctions by trading in yuan instead of U.S. dollars. The move is a direct result of the U.S. proclivity to use the dollar as a weapon against countries that refuse to bend to the imperial will of the United States. To make the yuan denominated contracts more appealing, China intends to make the yuan fully convertible to gold on the Shanghai and Hong Kong exchanges.

    “The rules of the global oil game may begin to change enormously,” said Luke Gromen, founder of U.S.-based macroeconomic research company FFTT...

    More..
    http://thefreethoughtproject.com/china-oil-gold-bybassing-u-s-petrodollar/
     

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