Tag Archives: Chinese government

No Weapon Left Behind: The American Hybrid War on China, by Pepe Escobar

The US government is doing everything it can to kick the Chinese while they’re down. From Pepe Escobar at strategic-culture.org:

The New Silk Roads – or Belt and Road Initiative (BRI) – were launched by President Xi Jinping in 2013, first in Central Asia (Nur-Sultan) and then Southeast Asia (Jakarta).

One year later, the Chinese economy overtook the U.S. on a PPP basis. Inexorably, year after year since the start of the millennium, the U.S. share of the global economy shrinks while China’s increases.

China is already the key hub of the global economy and the leading trade partner of nearly 130 nations.

While the U.S. economy is hollowed out, and the casino financing of the U.S. government – repo markets and all – reads as a dystopian nightmare, the civilization-state steps ahead in myriad areas of technological research, not least because of Made in China 2025.

China largely beats the U.S. on patent filings and produces at least 8 times as many STEM graduates a year than the U.S., earning the status of top contributor to global science.

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China Forced To Revise Number Of Virus Cases Sharply Higher After Hubei Caught Undercounting New Infections, by Tyler Durden

Zero Hedge has been bearish on the coronavirus (meaning things are going to get much worse). I post both the bear and bull (meaning the whole thing is way overblown) cases because the experts are all over the lot, and I don’t trust anybody’s statistics. From Tyler Durden at zerohedge.com:

China’s desperate attempts to manipulate coronavirus “data” lower to ease public fears about a runaway pandemic and get more people back to work, are crossing into the outright laughable, if not surreal.

As a reminder, earlier this week, China’s Hubei province where the quarantined epicenter of the covid-19 epidemic, Wuhan, is located, once again changed the definition of a coronavirus “infection” in pursuit of a lower number of new cases by defining a case as “confirmed” if it stems from a positive result in a nucleic acid test, not if it was clinically diagnosed by physicians, a reversal of the definition change it adopted just  a week earlier which resulted in the biggest daily increase yet, when nearly 15,000 new cases were reported. Sure enough, this led to a plunge in new cases, with Hubei reporting just 411 new cases on Thursday and 349 new cases on Friday, sharply lower from the 1,000+ cases reported on previous days.

There is just one problem: at the same time as Hubei was priding itself in its sharp drop off in “confirmed” cases (carefully ‘doctored’ definition of new cases notwithstanding), a new breakout was been observed in the local Hubei prison system. And, problematically, for the brand new leadership of the Hubei Health Commission, it appeared that none of these cases were actually accounted for in the official province-level data.

Oops.

Coronavirus – The Decline Of New Cases Continues – Economic Ripples Begin To Emerge, by Moon of Alabama

If Chinese government figures are to be believed (a big if), the coronavirus has already peaked in that country, although not the economic ramifications. From Moon of Alabama at moonofalabama.org:

China is making more progress in the fight against the novel coronavirus while other countries see increased problems. Meanwhile the global economic damage that the epidemic causes is slowly coming into view.

In our last discussion of the Coronavirus epidemic in China we criticized a statistical change made by the Chinese authorities:

The Chinese government has added a new category of infections to the total number of COVID-19 cases. So far there were two published categories. ‘Suspected cases’, which were people who may have come in contact with the virus and showed flu symptoms, and ‘confirmed cases’ of patients who fell ill and where the virus was found during tests. Now people who show signs of pneumonia will be added to the confirmed COVID-19 cases even when the tests do not find the nCov19 virus in their body.

The new count will thereby include a lot of people who simply have a common flu. That seems to make little sense.

Those who had fallen into the new category had a death rate that was much smaller than the original COVID-19 cases. That proved that a simple diagnose of pneumonia is not a reliable indicator for a nCoV19 virus infection.

Yesterday the Chinese authorities reversed their position. ‘Clinically diagnosed’ cases, people with only signs of pneumonia, are no longer included in the published numbers. This led to a drastic fall in new cases reported yesterday.

 

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Are They Burning Dead Bodies In Wuhan, China To Hide The Inadvertent Release Of A Mortal Nerve Toxin? By Bill Sardi

There are millions of dead bodies being incinerated near Wuhan, but are they human bodies? From Bill Sardi at lewrockwell.com:

A marginally credible website (UFO Spotlight) has over a half-million views for its chilling OMG report that states the true magnitude of China’s coronavirus outbreak, when unmasked, is unfathomable.  (This author is not posting the exact URL over concern for the spread of more misinformation.)

Said to originate from an interview of a Chinese intelligence officer, who says he is in grave danger, because this infectious disease outbreak is being used to consolidate political power and control over their population and that sources inside the U.S.A. are complicit with this hidden agenda, namely to manipulate and control thinking patterns of its citizens and strike a terrifying level of fear that gets the masses to do what their overseers demand.

The story says there is no coronavirus.  That was all made up to cover for the horror that resulted from a toxin that was mistakenly released.  This report talks of 21 vials of some sort of transmissible and invisible aerosolized nerve agent that was in the process of being handed off from Chinese to CIA-western security agents when it was dropped at an open market and began to spread.

The report says China bought a weaponized Wuhan virus from the U.S. to cover for release of the nerve toxin.   The toxin was intended to induce mental decline and reduction of higher thinking processes.  It ended up causing panic attacks with rapid deterioration of entire systems in the body, with arteries melting and tissue disintegration that caused its sufferers to beg to be put to death.  Fatality rate is 100% says this 1st-person report.

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Covid-19: Global Retrenchment Will Obliterate Sales, Profits and Yes, Big Tech, by Charles Hugh Smith

We’re just now seeing the economic effects of the coronavirus, but whether it’s truly a pandemic or an overblown scare fanned by governments and the media, those effects will be substantial. From Charles Hugh Smith at oftwominds.com:

If you think global demand will rebound as global debt and confidence implode, you better not be making consequential decisions based on Euphorestra-addled magical thinking.

Even before the Covid-19 pandemic, the global economy was slowing for two reasons: 1) everybody who can afford it already has it and 2) overcapacity. One word captures the end-of-the-cycle stagnation: saturation.

Everyone who can afford a smartphone (or can borrow to buy one) already has one. Everyone who can afford an auto loan already has a car. Everyone who could afford an overpriced house already bought one. Everyone who can afford a tablet or laptop already has one. And so on.

This saturation isn’t just in the consumer market–the corporate market is equally saturated. Corporations leased too much space, bought more cloud services than needed, increased headcount willy-nilly, and increased capacity just as the market for their goods and services stagnated from global saturation of markets and debt.

Paint-daubed members of the Keynesian Cargo Cult (paging Chief Humba-Humba Paul Krugman) love to claim that “debt doesn’t matter” but in their frenzied dance around the campfire they ignore one little feature of debt: interest. In a world in which money is borrowed into existence, all new money issuance and all new debt (the same thing) accrues interest.

And as Japan has proven, even if the interest rate is near-zero, if you borrow relentlessly enough, the interest due even on near-zero interest rates soon dominates your entire income.

The Keynesian Cargo Cult, busy with their rock radios (the dials are painted on), ignore the sad reality that marginal borrowers default because they can’t afford to make the principal payments, never mind the interest, and the inevitable result is cascading defaults throughout the financial system.

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COVID-19 – What people say, and only 5 realities, by Amarynth

A weird hysteria surrounds the COVID coronavirus. From Amarynth at thesaker.is:

by Amarynth, drawing together a braintrust from The Movable Feast Cafe

We set up a ‘brain trust’ in the Cafe in order to write a combined sitrep for The Saker Blog about the Coronavirus. The new name in the taxonomy is COVID-19 but let’s stick to Novel Coronavirus for now. It is of course too early to come to any conclusions, but we can start isolating the discernible high level trends and perhaps get an early glimpse as to what effect the outbreak may have geopolitically and economically, although it is very early days.

We will not attempt to look at the technical picture here – the numbers of recoveries, the death rates and the infection rates, rates of transmission, life of virus on surfaces and so on because the technical picture is not yet clear and all data is in a state of flux with opposing and inconsistent reports from all sides. One cannot expect otherwise as the world is still shooting at a rapidly moving target in terms of statistical ground and epidemiological analysis.

In addition, we have professional organizations like the WHO and the CDC not really in lockstep and giving different pronouncements on a professional level. It is too early to draw conclusions.

What people are saying:

– Let us look for a moment as to what ‘people are saying’. (If you want to end up deeply into conspiracies, I would suggest you go to subReddits /r/Coronavirus and /r/China_Flu )

– What ‘people are saying’ runs the gamut from messages received in meditation, prayer, even channeling, and this information is being put out there as valid for everyone else in the face of no definitive information you can hang your hat on.

– Every talking head on youtube has suddenly turned into an expert, both on China and on the Novel Coronavirus. Every uninformed blockhead has now turned into a specialist. Every Twitter feed out there now considers itself an insta-influencer.

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Global Centralization Is The Cause Of Crisis – Not The Cure, by Brandon Smith

Smith hits the nail square on the head with this one. From Smith at alt-market.com:

Once you understand the globalist mindset, almost everything they do becomes rather robotic and predictable.  It should not be surprising that the World Health Organization (WHO), a branch of the United Nations, has been so aggressive in cheerleading for the Chinese government and its response to the coronavirus outbreak. After all, China’s communist surveillance state model is a beta test for the type of centralization that the UN wants for the entire planet. They certainly aren’t going to point out that it was China’s totalitarian system that allowed the outbreak to spread from the very beginning.

Even now Xi Jinping is trying to rewrite history, claiming that he had been swift in responding to the crisis more than a month before he actually did.  The lie that the coronavirus mutated naturally in a food and animal market in Wuhan continues to be peddled by the mainstream media even though no evidence supporting this claim exists.  And China is still releasing rigged death and infection numbers while they have over 600 million people under martial law lockdown and their crematoriums continue pumping out the fumes of the dead 24 hours a day 7 days a week.

Brave health workers like Li Wenliang, who was punished by the government for warning about the virus in December, have died in the process of trying to fight against the centralized behemoth just to get vital information to the world, but that never happened, right? It was actually president Xi and the CPC that saved the day. The WHO and the CPC say so. You’ll never hear the UN praise the efforts of Li Wenliang; they want his name to disappear down the memory hole as much as the Chinese government does.

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