Make no mistake, this “loan” is not being made to assist Venezuela. It is with the intent to economically enslave the country so China can exert control over it. The US is guilty of doing this as well, but it should be alarming this is happening from China in the Americas.
For a brief period earlier this year, it appeared that Beijing had finally had enough of supporting its “ideological allies” in Caracas when it decided to limit its “exposure” to Venezuela after the country struggled to make interest payments on a $19 billion loan.
Source: China Offers Venezuela $5 Billion Loan To Support ‘Ideological Ally’ Maduro
I think it’s a questions worth asking and trying to answer – what happens to the world economic system if China crashes?
Recently we discussed how in addition to the widely manipulated Chinese GDP data, new concerns had emerged about official data involving Chinese industrial profits, because while China’s National Bureau of Statistics has traditionally reported positive year-on-year growth rates in percentage terms, growth in absolute yuan terms has been negative .
Source: There Goes The Credit Impulse: Why Chinese Consumption Is On The Verge Of Collapse
One million ethnic Uigurs are being held in a “massive internment camp that is shrouded in secrecy” by the Chinese government, says a United Nations Human Rights panel that has received multiple credible reports to back up their claim.
Source: United Nations: China is running forced re-education camps for Muslims and ethnic minorities
- China sent six warnings to a US Navy plane operating in the South China Sea on Friday, ordering the American crew to “leave immediately and keep out.”
- The US Navy aircraft stayed the course, insisting that it was within its legal rights.
- The incident followed a report from the Philippine government revealing that China had been sending out threatening radio queries to foreign ships and planes at an increased frequency.
Chinese forces deployed to the hotly contested South China Sea ordered a US Navy reconnaissance aircraft to “leave immediately” six times Friday, but the pilot stayed the course, refusing to back down.
A US Navy P-8A Poseidon reconnaissance plane flew past China’s garrisons in the Spratly Islands, giving CNN reporters aboard the aircraft a view of Chinese militarization in the region.
Flying over Chinese strongholds on Mischief Reef, Johnson Reef, Fiery Cross Reef, and Subi Reef, CNN spotted “large radar installations, power plants, and runways sturdy enough to carry large military aircraft.” At one outpost, onboard sensors detected 86 vessels, including Chinese Coast Guard ships, which China has been known to use to strong-arm countries with competing claims in the South China Sea.
The Chinese Ambassador to Syria, Qi Qianjin, has shocked Middle East pundits and observers with statements this week indicating the Chinese military may directly assist the Syrian Army in an upcoming major offensive on jihadist-held Idlib province .
Source: China’s Military To Help Assad Retake Rest Of Syrian Territory, Ambassador Suggests
A retired Chinese professor was doing a live TV interview via telephone yesterday when police reportedly entered his home and arrested him. Wenguang Sun, who used to teach at Shandong University, has been a harsh critic of Chinese President Xi Jinping’s government.
Source: Chinese Government Critic Arrested in His Own Home During Live TV Interview: Report