Sep 04

After Snubbing Obama, China Gives Putin Red Carpet Treatment, Warns Against Protectionism At G-20:

Roughly at the same time as China’s infamous snub of Obama‘s arrival at Hangzhou for the G-20 summit, when the G-20 host nation’s delegation first made sure there was no staircase for Obama to exit the plane and descend on the red carpet; forcing the president of the world’s most powerful nation to use an emergency exit…

oabam china arrival

… followed by a shouting match by a Chinese official who unleashed on the US Press corps and national security advisor Susan Rice, blocking them from crossing a blue rope holding back press and saying “This is our country. This is our airport”, Chinese officials had no such problems greeting Russian president Vladimir Putin with full honors, whose arrival – on the red carpet – took place without a glitch.

IMG_5852_0 Continue reading »

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Nov 13

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Oct 12

H/t reader squodgy:

“Looks like they want to be serious about circumventing the Rothschild system.

But don’t the Rothschilds own the Chinese Banks anyway?

Or are Vlad & Xi working to exclude them?”


Russia precipitates the abandonment of SWIFT among the BRICS

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Sep 27

… as planned.

No Brains In Washington — Paul Craig Roberts:

Washington’s IQ follows the Fed’s interest rate – it is negative. Washington is a black hole into which all sanity is sucked out of government deliberations.

Washington’s failures are everywhere visible. We can see the failures in Washington’s wars and in Washington’s approach to China and Russia.

The visit of Chinese President Xi Jinping, was scheduled for the week-end following the Pope’s visit to Washington. Was this Washington’s way of demoting China’s status by having its president play second fiddle to the Pope? The President of China is here for week-end news coverage? Why didn’t Obama just tell him to go to hell? Continue reading »

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May 10

“More on the rising east……while the west continues to slide south.”


Russia, China agree to integrate Eurasian Union, Silk Road, sign deals (RT, May 8, 2015):

Russia and China have signed a number of energy, trade and finance deals on Friday aimed at strengthening economic ties. The two countries have multiple mutual projects which “achieved a unity of views on a wide range of issues.”

Russian President Vladimir Putin and Chinese leader Xi Jinping have signed a decree on cooperation in tying the development of the Eurasian Economic Union with the “Silk Road” economic project. Continue reading »

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Mar 15


The Coming Chinese Crackup (ZeroHedge, March 13, 2015):

Authored by David Shambaugh, originally posted at The Wall Street Journal,

On Thursday, the National People’s Congress convened in Beijing in what has become a familiar annual ritual. Some 3,000 “elected” delegates from all over the country—ranging from colorfully clad ethnic minorities to urbane billionaires—will meet for a week to discuss the state of the nation and to engage in the pretense of political participation.

Some see this impressive gathering as a sign of the strength of the Chinese political system—but it masks serious weaknesses. Chinese politics has always had a theatrical veneer, with staged events like the congress intended to project the power and stability of the Chinese Communist Party, or CCP. Officials and citizens alike know that they are supposed to conform to these rituals, participating cheerfully and parroting back official slogans. This behavior is known in Chinese as biaotai, “declaring where one stands,” but it is little more than an act of symbolic compliance. Continue reading »

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Nov 17


What really happened in Beijing: Putin, Obama, Xi — and the back story the media won’t tell you (Salon, Nov 14, 2014):

Ukraine, Iran’s nukes, the price of oil: There are ties worthy of a Bourne film, if the media connected the dots

By way of events on the foreign side, the past few weeks start to resemble some once-in-a-while event in the heavens when everyone is supposed to go out and watch as the sun, moon and stars align. There are lots of things happening, and if we put them all together, the way Greek shepherds imagined constellations, a picture emerges. Time to draw the picture. Continue reading »

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Nov 07

And The World’s Most Powerful Person For The Second Year In A Row Is… (ZeroHedge, Nov 6, 2014):

When it comes to the second coming of the cold war, things are not looking good for the leader of the “Free World”, because for the second year in a row, at least according to Forbes editors, the person whom they have chosen as the world’s most powerful in the world…


… is not the lame duck on the left.

From Forbes: Continue reading »

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Jun 10

How stupid can they get?

(I know I shouldn’t have dared to ask such a question.)


Here comes more hope …

Hoping to isolate Russia, US woos China on Ukraine (AP, June 10, 2014):

WASHINGTON (AP) — The Obama administration is stepping up its attempts to court China’s support for isolating Russia over its military intervention in Ukraine.

With official comments from China appearing studiously neutral since the Ukraine crisis began, President Barack Obama spoke to Chinese President Xi Jinping late Sunday in a bid to get Beijing off the fence. Continue reading »

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May 21

Russia And China Finally Sign Historic $400 Billion “Holy Grail” Gas Deal (ZeroHedge, May, 21, 2014):

There was some trepidation yesterday when after the first day of Putin’s visit to China the two countries did not announce the completion of the long-awaited “holy grail” gas deal, and fears that it may get scuttled over price negotiations. It wasn’t: moments ago Russia’s Gazprom and China’s CNPC announced, that after a decade of negotiations, the two nations signed a 30 year gas contract amounting to around $400 billion. And with the west doing all it can to alienate Russia and to force it into China’s embrace, this is merely the beginning of what will be a far closer commercial (and political) relationship between China and Russia.

Gazprom deal

So far there have been no public pricing details on the deal which accrording to Gazprom CEO Aleksey Miller is a “commercial secret”, and which is believed to involve Russia supplying 38 billion cubic metres of gas per year to China via a new eastern pipeline linking the countries. Continue reading »

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Sep 06

China sides with Russia in opposing military strikes on Syria (RT, Sep 5, 2013):

China joined Russia in its opposition against military strikes on Syria ahead of the G20 summit on Thursday. Beijing said the use of force would cause a swing in oil prices, thereby hurting the global economy.

“Military action would have a negative impact on the global economy, especially on the oil price – it will cause a hike in the oil price,” China’s vice finance minister, Zhu Guangyao, said at a pre-G20 briefing in St. Petersburg.

The remark was echoed by other members of the BRICS bloc, Reuters reported. Aside from China, the bloc consists of emerging economies including Brazil, Russia, India, and South Africa.

Continue reading »

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Mar 14

Xi Jinping, China’s new president

China names Xi Jinping as new president (PressTV, March 14, 2013):

China’s National People’s Congress has appointed Xi Jinping, the head of the Communist Party, as the country’s new president.

Xi Jinping was named president of China Thursday after a vote at the nation’s parliamentary meeting in the capital, Beijing.

Continue reading »

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Jun 29

The Story That Got Bloomberg News Blocked In China (ZeroHedge, June 2,, 2012):

Bloomberg News may be the most read news source in the world, but as of today, it is no longer available in China. Why? According to Bloomberg TV News Editor Denise Pellegrini, all it takes is for some investigative reporting exposing the dirty laundry, or in this case the even dirtier assets of one Xi Jinping – “the man in line to be China’s next president.” In “Xi Jinping Millionaire Relations Reveal Fortunes of Elite” Bloomberg writes: “Xi warned officials on a 2004 anti-graft conference call: “Rein in your spouses, children, relatives, friends and staff, and vow not to use power for personal gain.” As Xi climbed the Communist Party ranks, his extended family expanded their business interests to include minerals, real estate and mobile-phone equipment, according to public documents compiled by Bloomberg. Those interests include investments in companies with total assets of $376 million; an 18 percent indirect stake in a rare- earths company with $1.73 billion in assets; and a $20.2 million holding in a publicly traded technology company.” That a country’s will seek to block the internet when the wealth of its humble leaders is exposed is expected. However, what is unexpected is that the hidden assets of China’s president in waiting are rather easily discovered is troubling: it means Goldman has still much work to do in China, and much more advisory work to the country’s elite over how to best hide its assets in various non-extradition locations around the world under assorted HoldCos. Just like in the US. The good news, for GS shareholders, however, is that this indeed provides a huge new potential revenue stream.

More from Bloomberg:

Xi has risen through the party over the past three decades, holding leadership positions in several provinces and joining the ruling Politburo Standing Committee in 2007. Along the way, he built a reputation for clean government.

Continue reading »

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