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Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?

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Does China Plan To Establish Chinese Cities And Special Economic Zones All Over America?What in the world is China up to?  Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America.  In some cases, China appears to be attempting to purchase entire communities in one fell swoop.  So why is this happening?  Is this some form of “economic colonization” that is taking place?  Some have speculated that China may be intending to establish “special economic zones” inside the United States modeled after the very successful Chinese city of Shenzhen.  Back in the 1970s, Shenzhen was just a very small fishing village, but now it is a sprawling metropolis of over 14 million people.  Initially, these “special economic zones” were only established within China, but now the Chinese government has been buying huge tracts of land in foreign countries such as Nigeria and establishing special economic zones in those nations.  So could such a thing actually happen in America?  Well, according to Dr. Jerome Corsi, a plan being pushed by the Chinese Central Bank would set up “development zones” in the United States that would allow China to “establish Chinese-owned businesses and bring in its citizens to the U.S. to work.”  Under the plan, some of the $1.17 trillion that the U.S. owes China would be converted from debt to “equity”.  As a result, “China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.”  Does all of this sound far-fetched?  Well, it isn’t.  In fact, the economic colonization of America is already far more advanced than most Americans would dare to imagine.

So how in the world did we get to this point?  A few decades ago, the United States was the unchallenged economic powerhouse of the world and China was essentially a third world country.

So what happened?

Well, we entered into a whole bunch of extremely unfavorable “free trade” agreements, and countries such as China began to aggressively use “free trade” as an economic weapon against us.

Over the past decade, we have lost tens of thousands of businesses and millions of jobs to China.  When the final numbers for 2012 come out, our trade deficit with China for the year will be well over 300 billion dollars, and that will be the largest trade deficit that one country has had with another country in the history of the world.

Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.  That 2.3 trillion dollars could have gone to U.S. businesses and U.S. workers, and in turn taxes would have been paid on all of that money.  But instead, all of that money went to China.

Rather than just sitting on all of that money, China has been lending much of it back to us – at interest.  We now owe China more than a trillion dollars, and our politicians are constantly pleading with China to lend more money to us so that we can finance our exploding debt.

Today, the U.S. government pays China approximately 100 million dollars a day in interest on the debt that we owe them.  Those that say that the U.S. debt “does not matter” are being incredibly foolish.

So thanks to our massive trade deficit and our exploding national debt, China is systematically getting wealthier and the United States is systematically getting poorer.

And now China is starting to use a lot of that wealth to aggressively expand their power and influence around the globe.

But isn’t it more than a bit far-fetched to suggest that China may be planning to establish Chinese cities and special economic zones in America?

Not really.

Just look at what has already happened up in Canada.  It is well-known that the Chinese population of Vancouver, Canada has absolutely exploded in recent years.  In fact, the Vancouver suburb of Richmond is now approximately half Chinese.  The following is an excerpt from a BBC article

Richmond is North America’s most Asian city – 50% of residents here identify themselves as Chinese. But it’s not just here that the Chinese community in British Columbia (BC) – some 407,000 strong – has left its mark. All across Vancouver, Chinese-Canadians have helped shape the local landscape.

A similar thing is happening in many communities along the west coast of the United States.  In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.

But in other areas of the United States, the Chinese are approaching things much more systematically.

For example, as I have written about previously, a Chinese group identified as “Sino-Michigan Properties LLC” has purchased 200 acres of land near the town of Milan, Michigan.  Their stated goal is to build a “China City” that has artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.

In other instances, large chunks of real estate in major U.S. cities that are down on their luck are being snapped up by Chinese investors.  Just check out what a Fortune article from a while back says has been happening over in Toledo, Ohio…

In March 2011, Chinese investors paid $2.15 million cash for a restaurant complex on the Maumee River in Toledo, Ohio. Soon they put down another $3.8 million on 69 acres of newly decontaminated land in the city’s Marina District, promising to invest $200 million in a new residential-commercial development. That September, another Chinese firm spent $3 million for an aging hotel across a nearby bridge with a view of the minor league ballpark.

Toledo is being promoted to Chinese investors as a “5-star logistics region“.  From Toledo it is very easy to get to Chicago, Detroit, Cleveland, Pittsburgh, Columbus and Indianapolis…

With a population of 287,000, Toledo is only the fourth largest city in Ohio, but it lies at the junction of two important highways — I-75 and I-80/90. “My vision is to make Toledo a true international city,” Toledo’s Mayor Mike Bell told the Toledo Blade.

But some of these deals appear to be about far more than just making “investments”.  According to the Idaho Statesman, a Chinese company known as Sinomach (which is actually controlled by the Chinese government) was actually interested in developing a 50 square mile self-sustaining “technology zone” south of the Boise airport…

A Chinese national company is interested in developing a 10,000- to 30,000-acre technology zone for industry, retail centers and homes south of the Boise Airport.

Officials of the China National Machinery Industry Corp. have broached the idea — based on a concept popular in China today — to city and state leaders.

The article suggested that this “technology zone” would be modeled after similar projects that already exist in China, and that Chinese officials were conducting similar negotiations with other U.S. states as well…

Sinomach is not looking only at Idaho.

The company sent delegations to Ohio, Michigan and Pennsylvania this year to talk about setting up research and development bases and industrial parks. It has an interest in electric transmission projects and alternative energy as well.

The technology zone proposal follows a model of science, technology and industrial parks in China — often fully contained cities with all services included.

Thankfully the deal in Idaho appears to be stalled for now, but could we soon see China establish special economic zones in other communities all around America?

The Chinese certainly do seem to be laying the groundwork for something.  They have been voraciously gobbling up important infrastructure all over the country.  The following comes from a recent American Free Press article

In addition to already owning vital ports in Long Beach, Calif. and Boston, Mass., the China Ocean Shipping Company is eyeing major ports on the East Coast and Gulf of Mexico. China also owns access to ports at the entry and exit points of the Panama Canal.

And due to fiscal woes plaguing many American cities and states, U.S. legislators have been actively seeking out Chinese investors. In one of the worst cases, Baton Rouge, La., Mayor Kip Holden offered the Chinese government ownership and operating rights to a new toll way system if the Chinese would provide the funding to build it.

Does it make sense for the Chinese to own some of our most important ports?

Isn’t there a national security risk?

Sadly, there isn’t much of anything that our politicians won’t sell these days as long as someone is willing to flash a lot of cash.

The Chinese have also been busy buying up important real estate on the east coast as a recent Forbes article explained….

According to a recent report in the New York Times, investors from China are “snapping up luxury apartments” and are planning to spend hundreds of millions of dollars on commercial and residential projects like Atlantic Yards in Brooklyn. Chinese companies also have signed major leases at the Empire State Building and at 1 World Trade Center, the report said.

But it is not only just land and infrastructure that the Chinese have been buying up.

They have also been purchasing rights to vital oil and natural gas deposits all over the United States.

There have been two Chinese companies that have been primarily involved in this effort.

The first is the China National Offshore Oil Corporation (CNOOC).  According to Wikipedia, CNOOC is 100 percent owned by the Chinese government…

CNOOC Group is a state-owned oil company, fully owned by the Government of the People’s Republic of China, and the State-Owned Assets Supervision and Administration Commission of the State Council (SASAC) performs the rights and obligations of shareholder on behalf of the government.

The second is Sinopec Corporation.  Sinopec Group is the largest shareholder (approx. 75% ownership) in Sinopec Corporation.  And as the Sinopec website tells us, Sinopec Group is fully owned by the Chinese government…

Sinopec Group, the largest shareholder of Sinopec Corp., is a super-large petroleum and petrochemical group incorporated by the State in 1998 based on the former China Petrochemical Corporation. Funded by the State, it is a State authorized investment arm and State-owned controlling company.

So whenever you see CNOOC or Sinopec, you can replace those names with the Chinese government.  The Chinese government essentially runs both of those companies.

And as you can see from the following list compiled by the Wall Street Journal, those two companies have been extremely aggressive in buying up rights to oil and natural gas all over the nation…

Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.

Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.

Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.

Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.

Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.

Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.

Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.

Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.

So why is the U.S. government allowing this?

That is a very good question.

For a nation that purports to be pursuing “energy independence”, we sure do have a funny way of going about things.

Unfortunately, the sad truth is that China is absolutely mopping the floor with the United States on the global economic stage.  China is rising and America is in an advanced state of decline.  Global economic power has shifted dramatically and most Americans still don’t understand what has happened.

The following are 44 more signs of how dominant the economy of China has become…

1. A Chinese firm recently made a $2.6 billion offer to buy movie theater chain AMC.

2. A different Chinese firm made a $1.8 billion offer to buy aircraft maker Hawker Beechcraft.

3. In December it was announced that a Chinese group would be purchasing AIG’s plane leasing unit for $4.23 billion.

4. It was recently announced that the Federal Reserve will now allow Chinese banks to buy up American banks.

5. A $190 million bridge project up in Alaska was awarded to a Chinese firm.

6. A $400 million contract to renovate the Alexander Hamilton bridge in New York was awarded to a Chinese firm.

7. A $7.2 billion contract to construct a new bridge between San Francisco and Oakland was awarded to a Chinese firm.

8. The uniforms for the U.S. Olympic team were made in China.

9. 85 percent of all artificial Christmas trees are made in China.

10. The new World Trade Center tower is going to include glass that has been imported from China.

11. The new Martin Luther King memorial on the National Mall was made in China.

12. In 2001, American consumers spent 102 billion dollars on products made in China.  In 2011, American consumers spent 399 billion dollars on products made in China.

13. The United States spends about 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States.

14. According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

15. The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.

16. The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

17. The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

18. Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

19. According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

20. Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

21. In 2010, China produced more than twice as many automobiles as the United States did.

22. Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.

23. After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government.  The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.

24. Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

25. The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.

26. China’s number one export to the U.S. is computer equipment.

27. The number one U.S. export to China is “scrap and trash”.

28. The U.S. trade deficit with China is now more than 28 times larger than it was back in 1990.

29. Back in 1985, the U.S. trade deficit with China was just 6 million dollars for the entire year.  For the month of November 2012 alone, the U.S. trade deficit with China was 28.9 billion dollars.

30. China now consumes more energy than the United States does.

31. China is now the leading manufacturer of goods in the entire world.

32. China uses more cement than the rest of the world combined.

33. China is now the number one producer of wind and solar power on the entire globe.

34. Today, China produces nearly twice as much beer as the United States does.

35. Right now, China is producing more than three times as much coal as the United States does.

36. China now produces 11 times as much steel as the United States does.

37. China produces more than 90 percent of the global supply of rare earth elements.

38. China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

39. A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.

40. 15 years ago, China was 14th in the world in published scientific research articles.  But now, China is expected to pass the United States and become number one very shortly.

41. China now awards more doctoral degrees in engineering each year than the United States does.

42. According to one study, the Chinese economy already has roughly the same amount of purchasing power as the U.S. economy does.

43. According to the IMF, China will pass the United States and will become the largest economy in the world in 2016.

44. Nobel economist Robert W. Fogel of the University of Chicago is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040 if current trends continue.

Without the “globalization” of the world economy, none of this would have ever happened.  But instead of admitting our mistakes and fixing them, our politicians continue to press for even more “free trade” and even more integration with communist nations such as China.

In fact, according to Dr. Jerome Corsi, the U.S. government has already set up 257 “foreign trade zones” all over America.  These “foreign trade zones” are apparently given “special U.S. customs treatment” and are used to promote “free trade”…

Corsi noted that the U.S. government has created 257 foreign trade zones, or FTZs, throughout the United States, designed to extend special U.S. customs treatment to U.S. plants engaged in international-trade-related activities.

The FTZs tend to be located near airports, with easy access into the continental NAFTA and WTO multi-modal transportation systems being created to move free-trade goods cheaply, quickly and efficiently throughout the continent of North America.

“There is nothing in the U.S. government’s description of FTZs that would prevent a foreign government, like China, from operating a shell U.S. company that is in reality owned and financed by the Chinese government and operated through a Chinese government-owned corporation,” Corsi wrote.

Sadly, we are probably going to see a whole lot more of this in the years ahead.

According to Corsi, a professor of economics at Tsighua University in Beijing named Yu Qiao has suggested the following plan as a way to transform the debt that the United States owes China into something more “tangible”…

  1. China would negotiate with the U.S. government to create a “crisis relief facility,” or CRF. The CRF “would be used alongside U.S. federal efforts to stabilize the banking system and to invest in capital-intensive infrastructure projects such as high-speed railroad from Boston to Washington, D.C.
  2. China would pool a portion of its holdings of Treasury bonds under the CFR umbrella to convert sovereign debt into equity. Any CFR funds that were designated for investment in U.S. corporations would still be owned and managed by U.S. equity holders, with the Asians holding minority equity shares “that would, like preferred stock, be convertible.”
  3. The U.S. government would act as a guarantor, “providing a sovereign guarantee scheme to assure the investment principal of the CRF against possible default of targeted companies or projects”.
  4. The Federal Reserve would set up a special account to supply the liquidity the CRF would require to swap sovereign debt into industrial investment in the United States.

Apparently the Bank of China really likes this plan and would like to see something like this implemented.

In the years ahead, perhaps many of you will end up working in a “special economic zone” for a Chinese company on a project that is being financially guaranteed by the U.S. government.

If that sounds like a form of slavery to you, the truth is that you are probably not too far off the mark.

The borrower is the servant of the lender, and we should have never allowed ourselves to get into so much debt.

Now we will pay the price.

To get an idea of how much the world has changed in recent years, just check out this incredible photo which contrasts the decline of Detroit over the years with the amazing rise of Shanghai, China.

Things did not have to turn out this way.  Unfortunately, we made decades of incredibly foolish decisions and we wrecked the greatest economic machine that the world has ever seen.

Now the future for America looks really bleak.

Or could it be that I am being too pessimistic?  Please feel free to post a comment with your thoughts below…

The United States - A Colony Of China? - Photo by DrRandomFactor

  • K

    Michael, a very well written and thought out article. Now understand the final goal. Neutralize the U.S. Once enough U.S. citizens are directly working for the Chinese. Or companies that China has a major interest in. They can crash the economy at will. They will not even have to do it. The threat will be enough. You do understand, if you are right. Yet another reason to grab the guns. After all, you could not allow the American public to object. To their new Chinese overlords. However you slice it, something very bad is coming. Something that D.C. expects the public not to except willingly. The steps they have been taking, allows for no other logical conclusion.

    • Ralfine

      well, lock the guns away. guns cost you not only money, they could cost you your livelihood and finally your life.
      Just like cars and printers.
      Nowadays printers are very cheap. Every household seems to have one. What’s expensive is the ink. The consumption.

      Want to oppose China? Buy infrastructure, build infrastructure. That’s where your money should go, not bombs and missiles and ammo.

      If you continue to take out loans to buy ammo, China will buy your house and finally your wallet. Then you get a choice – take that free wheelchair from China or buy more ammo.

      • Hammerstrike

        You believe that not having guns will save you? Hahahaha!

        Nothing like the defencelss for gangs to have some in-and-out (your age and gender doesn´t matter anymore), followed by much of the good ol´ ultraviolence.

        • Ralfine

          I said, lock them away. Don’t let your kids have them. If you really need them against the government, fine. But your children shall not get them to fight school fights.

          Right now, most victims are gang members.

          Guns don’t help much if you look into a barrel. Before you can draw a gun – no matter how big or small – you are shot.

          And if you are away from a gun, then it isn’t much of a threat, is it?

          And even against a sniper a gun is pretty much useless. Except in Hollywood, where the hero with the revolver always wins against the villain with a machine gun or rifle, and shoots him dead from 50 meters with a single shot.

          • wiggi

            the gov should keep an eye on Ralfine

          • Ralfine

            Don’t worry about that. We have thousands of cameras in England. 🙂

            And last time I travelled to America, they asked me whether I intend to kill the President.

            How thoughtful.

            But nobody checked whether I left America. So, I could still be there. Who knows?

          • Hammerstrike

            Right now there are still police forces that at least pretend to care about their jobs.

            But they´ll soon be able to rop that real soon.

            Be it from the gangs or the police, there is an old surprise visit, for your home and stuff.

          • Karl Keefer

            The best technique against a “sniper” is a precise shooter. If what you mean is a person shooting unarmed civilians from a clock tower without reason, men with guns are the only way to end it.

            The most secure way to keep a pistol is on your body, and if you are expecting trouble, a rifle.

          • Ralfine

            And when the lady with the pram asks you to lend a hand, you draw your gun. anticipating that her pal 10 feet to the side is going to shoot you while you help her into the bus?

  • Mondobeyondo

    When you are in debt, whether it is on a personal or national/international level, your creditors will soon come after your assets. You have no money? Okay, we’ll just garnish your wages when you do get work. That’s true for Visa, Mastercard, your state government, and ESPECIALLY the Internal Revenue Service. The IRS takes no prisoners, and they certainly take everything else you own of value. And as we are all about to discover, China will too.

  • Mondobeyondo

    So why is China a rising world power all of a sudden? A hundred years ago, they were struggling to mine coal. Even today, many millions in China are struggling in poverty. Just like many millions in America in poverty. Hey, we have something in common! Yes, they invented gunpowder, but we perfected it. And to what end? Kaboom!

    Need to do further research on this topic….

    • > “Even today, many millions in China are struggling in poverty. Just like many millions in America in poverty.”

      it’s not just where you are, but which direction you’re going. Poverty is reducing in China (in fits and starts, but undeniable). Poverty is increasing in the west. China isn’t the cause of poverty in the west. Our newly developed tainted strain of politics and economics is the cause.

      • In reality, it is their ELITE who prospers while more than half are just making enough for a day. They maybe Capitalist in business but they are Communist on almost everything else. I’ll have to correct you on that.

        BTW, the best option to reset the economy(globally) is to leave China(with its hegemonic intentions) and we have to end THE UNFAIR POLICIES OF “FREE TRADE”(If there ever was a “free trade”) to get us back on the road of establishing more of “fair trade” than “free trade”.

        • Ralfine

          If you buy “from China” it is more likely that you buy from American factories in China.

          The Buick is made in China. And it isn’t a copy. It is made by GM in China. The Jeep Cherokee is made in China. Volkswagen has a large manufacturing base in China.
          Proctor & Gamble is big in China, etc. etc. etc.

          If you want to address it, you neeed to address those companies, not the country.

          • I’ll merit your point, but you do know that government is very much entangled with these corporations, especially the big ones.

            So to address to both the governments and the companies would be a better way in doing this.
            PLUS, do remember that most of these corporations have strong lobbies in the government(see interest groups).

            To put it, corporations and government/s are “in bed with each other” and dealing with them both is the best approach.

          • Ralfine

            How do you want to deal with the chinese government?
            Dealing with GM is easy: you buy or you dont buy from them.
            How do you deal with your own government? Do you elect the ruling DemRep Party, or an alternative? Do you vote at all or do you not care?

          • Dealing with the Chinese gov’t.? Remember were talking about China (which means the PRC gov’t.) establishing economic zones and cities in the U.S.. The Americans have the sovereign right over their land/territory. I only illustrated a general point on my previous comment. Are you not gonna do anything when the U.S. gov’t. just concede to the supposed plan of another gov’t. to essentially meddle in the U.S. mainland by acquiring land and building THEIR CITIES AND THEIR ECONOMIC ZONES?

            On what means to do, the basic and would be the political approach. Put a party in power that will not easily concede to this plan. In that sense, your saying to the Chinese gov’t. to “GTFO, our sovereign land is not for lease or for sale”. I do wonder are Americans gonna consider and just allow the U.S. to lease or sell the U.S to a foreign country which they know have a hostile intention? The American people to me in this case are STUPID!

          • Ralfine

            Better read the posts you are replying to. They were about American owned factories in China.

            Regarding Chinese possessions in America, well, America is drowning in a mountain of debts. Real estate in Detroit can be had for a few hunded bucks.

            China has money and they want to buy into America. Either you take their money or you don’t and continue complaining that America is buying more from China than China is buying from America.

          • “Better read the posts you are replying to. They were about American owned factories in China.”

            I did say this right.

            “To put it, corporations and government/s are in bed with each other”

            So the issue of American owned factories in China is nonetheless intertwined with the politics conducted in the U.S.

            One solution, erect tariffs on Chinese manufactured products, Conduct some economic warfare on Chinese imports so U.S. owned factories in China will be squeezed out from leeching cheap labor to maximize profits.(the tariff acts like a tax) Give more incentives for corporations that will set up shop in the U.S. and time to get the lazy and “entitled” Americans to work.

            I should say, its time the people in the West end the delusion of welfare government(being entitled without working your butt off) and at the same time face government and corporate corruption more vigilantly than ever before.

            I do get your point on the issue of Chinese companies(usually partly owned by CCP) buying up possessions in America. Then I believe, there might be an alternative after all.

            Why not settle with such deals but these corporations will bend to US rules or else be rejected. No kind of special treatment and should be accountable of any malpractice conducted(likely espionage) while being in U.S. sovereign territory.

          • Endgame

            These factories are 51 percent owned by state chinese corporations

          • Ralfine

            Not all.

            First, because it’s the law for some sectors.
            Check the numbers for FDI (Foreign direct investment) in the 90s. There is a lot of money flowing in for building factories.

            And even if factories are nominally owned 51% by the Chinese, the General Manager will be Chinese, who is most of the time on holiday with his family, paid for by the factory.
            The operations manager, will be a foreigner.

            Often, the Chinese headoffice is in Hong Kong, which then owns the factory in China. In HK there is no 51% requirement

            But yes, to open up shop there isn’t as easy as travelling there.

    • Mondobeyondo

      Last post on this topic. Yes, I’m serious.At least until the next 14 hours or so.
      Not Sirius as in the Dog Star, but.. you know what I mean. I am tired, and I have gone through/going through a lot right now

      Need some time off. Until the next crisis arises

    • Makati1

      Just keep in mind that their ‘middle class’ is new and exceeds the total population of the Us. That growth didn’t happen by accident. China has been around 5,000 years and didn’t last that long by being stupid. I hope you like rice. ^_^

    • markthetruth

      Well.. the Chinese perfected it into rocket fuel technology was for entertainment called fireworks.They also made the first gun for fighting.. But yes we Americans used our perfection into evil intentions of killing and destruction. even as fireworks our kids had to do stupid things and blow their fingers and hands off. We seem to turn entertainment into destruction aka sports aka football, the bringing out of evil to the TV aka Jerry Springer we love the violence look at our Kids are know brought up on violence . TV and Video games.
      We are the enemy of our Inventions.

      the end…

      • Jagrick

        Oh, the video game thing. Just like in the late 70’s/early 80’s it was the music. Ignorance and excuses for the mentally ill is as silly now as it was back then.

    • Hammerstrike

      Well, one country is enjoying a borrowed prosperity and this prosperity can only be borrowed if there is another country to borrow it from…

      Lamestream medias pretend the Chinese economy needs the USA to buy what they produce and need to focus on a consumerist society.

      Not so, they need to import from the third-world to make their economy work.
      Only the disruption on world trade that an US economic collapse would cause promptes them to keep lending and “investing”.

      The Chinese poor have seen their lot improve, as demand mount for workers and more skilled workers, if a factory increase pay, workers flocks from other factories and the factory´s profit increase.
      In the USA, factory makes less and less profit, chocked by the monopoly backed by the federale reserve, fires its workers or lower their wages.
      Then, bankers, bureaucrats, politcians and businessmen are stunned by how much the taxe revenue and spending plumet.

      • “Lamestream medias pretend the Chinese economy needs the USA to buy what they produce and need to focus on a consumerist society.”

        That is actually true… For now. Do you not know that a large chunk of Chinese exports (a good amount came from U.S. owned factories in China) its goods to the U.S.?

        “The Chinese poor have seen their lot improve, as demand mount for workers and more skilled workers, if a factory increase pay, workers flocks from other factories and the factory´s profit increase.”

        Tell that to the estimate 50 million Chinese workers lost their jobs during the 2008 crisis. The problem with the increasing wealth gap gets worse and the supposed increase in skilled workers is yet to be seen to be substantial. By the way, the China’s real property market is sitting on a probable housing bubble. You might be missing that problem.

        • Hammerstrike

          Nope, the Chinese economy itself is already larger than the US one,
          what they need are above all natural ressources for their industry.
          Their primary focus is Africa and the middle-east.
          These chinese workers have found new jobs pretty swiftly, more jobs in 2010 than in 2008, they actually had a recovery.
          No housing bubble, they anticipate the day when they will no longer need to “lend” a large part of their wealth.

    • Ralfine

      A hundred years ago China just got rid of their emperor.

      Then there was the 20th centure with wars and wars and wars. Only in the end they finally managed to establish capitalism. (with Chinese characteristics)

      Chinese are not distracted much by religion. So they concentrate on making money.

      They have some old interesting books and teachers:
      I Cheng, Confucius, Lao Tze, Tao.

      And interwoven with Traditional Chinese Medicine and their gymnastics – Tai Chi or Qi Dong.

      So, their society is more like a web. Interconnected, with many holes, but flexible.

      Shoot it, stab it, but don’t expect much damage.


    What a colorful depiction of a cyclic redundancy I’ve ever heard…

    We give them the required funds, then they creatively find ways to give it to us in such a way as to force us to give some of it back.

    China spends 2.6B for infrastructure, then we give them 400M for a project etc.

    This does not show up in the system as it is counted in net currency which shows China behind us, but the cyclic nature of this scheme allows them significantly more buying power than they physically have. This, if the system was not subdivided by the indicators used to measure it, would actually mean that China is Much further ahead of us by leaps and bounds compared to the perception and numerical readouts.

    In summery, the Chinese figured out how to fudge capitalism by utilizing its circulation weakness to seem like wealth. If only I could use velocity as my currency, I would have trillions.

    • Hammerstrike

      Yep, they are, China is already the greatest economic power in the world and have been for years.

      Of course, the “western” governements and “free” lamestream medias doesn´t want the populations to know that, especially when living standards are falling.

  • > “Well, we entered into a whole bunch of extremely unfavorable “free trade” agreements, and countries such as China began to aggressively use “free trade” as an economic weapon against us.”

    US ineptitude at “free trade” => “free trade” has been used as a weapon against the US.

    … hmmm …

    Currently, the only time US succeeds at “free trade” is when the US military force is an element. Such as in Mid East and North Africa.

    • MeMadMax

      If you think we got anything out of that deal, ur dead wrong… Oh yea, you can point out the minuscle crap, but, in the end… it was all for nothing…

      • Ralfine

        It depends, who is “we”. The US defense industry got huge deals out of all the wars, paid for by the tax payer of today, tomorrow, the next hundred years.

    • Hammerstrike

      Convinced of their own brilliance, that everyone else was completely stupid, they believed they would turn Vietnam, South Korea, China into virtual colonies completely gutted of any meaningfull sovereignity.
      The difference from the 19th Century and first decades of the 20th Century being that banksters and multinationals would be the colonial powers instead of countries.
      Turns out they wheren´t as brilliant and talented as they believed they where and that the other guys where not completely stupid after all.

  • Syrin

    China is preparing for something. Here’s what we also know. China has been stockpiling gold, but beyond that they’ve been stockpiling the following despite already having a SURPLUS. Rice, evaporated milk and all sorts of industrial metals. They own almost all the planet’s rare earth metal mines, and those metals are used in almost all our high tech military weaponry. The PLA was recently told to prepare for war. Perhaps with Japan, but who knows.

    • Mondobeyondo

      The Chinese are smart people. Don’t forget that.

      “They captured all our rare earth minerals!!”
      Yes, they did.

      The US could have done that. But we didn’t. We have enough rare earth minerals here. We can mine them and refine them. Yes, we know how to do this. We INVENTED how to do this!

      Why didn’t we? Weak leadership, for beginners. We could have mass produced cars that travel on 80 miles a gallon, if we had the willpower, or the need to do so. Sadly, we lacked one, and had no need for the other. So…

      What now? Well.. keep driving those gas guzzling Chevy Tahoes, i guess.

      • DownWithLibs

        This really isn’t going to get any better, is it?

        • Mondobeyondo

          No, it will not get better.

      • Fuel efficient cars are not in the best interests of Big Oil.

      • AnonLegion

        we could of had cars going 80 on a gallon of gas but we didn’t because of greed. Nothing more just greed.

        This country is full of greedy bastards.
        Greed for wealth.
        Greed for power.
        Greed for control.

      • vlad the impaler

        I agree with everything except “Chinese are smart people”,

    • Jagrick

      The USA and it’s allies is trying to make sure that China w/other countries doesn’t develop into anything. Just like they broke up AFRICON, and so on.

  • > 32. China uses more cement than the rest of the world combined.

    .. on the other hand, the US has more military power than the rest of the world combined.

    .. so .. construction vs. destruction.

    Why are we still wondering why China is on the ascent while the US is spiraling down the crapper?

    • Ralfine

      70% of China’s GDP comes from infrastructure investment;
      70% of US’ GDP comes from consumption of wealth.

    • Mondobeyondo

      And just why is China using more cement than the rest of the world combined? Do they have a giant cement factory in a Shanghai suburb?

      The Chinese know something that we also know as well, but we don’t have the will to use our knowledge. We used to know, but we’ve lost our way. They do, and they’re using it.

      • Mondobeyondo

        Deuteronomy 28: 1 – 68
        That’s our future.

        • Laura

          Wow, Mondobeyondo, that about sums it up perfectly! Thanks.

        • Ralfine

          The Islamists were sent by the LORD because you didn’t follow: Love your neighbor as yourself.


      • Hammerstrike

        Have you ever played the Metro 2033 game?

  • MeMadMax

    Not one politician talks about this(regarding the obscene free trade acts)… till someone brings it up and juices up the subject into a crisis… then it gets forgotten and put off to the wayside, then some other subject like guns or “the war on gays” takes over… and thats… that…

  • LostNation

    And just what are we supposed to do about it? We can only be responsible for ourselves and our families; the majority of the USA population appears to have been amused by bread and circuses. At this point in time there is only one solution that most, being indoctrinated for so many years, would not consider to be a solution. As a nation, we have turned our back on God.

  • Makati1

    Nothing new, except that the Chinatowns that are found in every city around the world are becoming China-cities. They are using their trillion plus Charmin dollars that they have to buy real things of value all over the world. Why should the Us be exempt? This is not unexpected and exactly why I don’t expect a war between China and the Us. China holds the winning hand.

    Do you or your kids know how to speak Mandarin? ^_^

    • Mondobeyondo

      Banzai! Oops, that’s Japanese. Wrong language

  • Ralfine

    So what? You are not happy when China is not buying stuff, and you are not happy when China is buying stuff. So what do you want?
    Why don’t you copy China?
    Save money and then buy infrastructure from your savings?

    Oh, you like to blow up things, and burn your money.

  • condaggitt

    My plan was they would crash the market and china would buy MSFT at $10 Ge at $5….apple at $100…….it almost worked the first time….

    Now they want something for their Trillion in US debt…..sell them 5 million mortages…from Fannie and Freddie….you bet they will….

    China’s Purchase of U.S. Fracking Company will give it Advanced TechnologyChina’s Lanzhou Haimo Technologies Co. announced that its subsidiary
    Haimo Oil & Gas LLC will buy a 14.29-percent stake in Houston-based Carrizo Oil & Gas’s Niobrara shale oil and gas assets in Colorado for $27.5 million.

    • Ralfine

      So what do you want to do? Follow the Iranian and Venezuelan examples and nationalize your oil wells to shut out foreign buyers?

  • Ralfine

    45. China has 4 times the population of the United States.

    • Mondobeyondo

      Yes, they do. And that is very scary when it comes to stuff like military logistics, and other stuff.. China has more young fighting men than we do. (I’ve read somewhere that China has close to 100 million soldiers, out of a population of 1.2 billion people.) One out of every 7 people in the world is Chinese. And China has nukes too .For anyone wishing for a war with China – please don’t. It would not be pretty, and we could very easily lose a war with China. Be thankful China has a 1 child per family policy. If that wasn’t so, who knows how many potential soldiers they’d have by now. We wouldn’t stand a chance.

      Final analysis: Forget turkey for American Thanksgiving dinner. Giant panda eat bald eagle for Chinese New Year dinner. Gung hee fat choy!

      • energizedmortal

        What would choose? Suicide or slavery? A super natural disaster is also possible. No one would stand a chance. I think psychopath control freaks would rather commit nuclear suicide before relinquishing their power.

      • Ralfine

        I don’t think China has 100 million soldiers. There is no conscription, no mandatory national service.

        Which means, Chinese young men and women have their bachelor degree at age 21, their master degree latest at age 23.

        I believe they have 1 week of army exercise during university. But that’s about it.

        They are not allowed to marry before 25, and if they are caught holding hands at university, they could be fired without chance of appeal or return.

        • Jagrick

          Of course they don’t have that size of an active army. What they do have a problem with is obesity because almost all the kids study a lot. Unlike here it’s the food and electronics.

      • Hammerstrike

        There are more natural ressources in Africa than North America, the unskilled labor supply is also much larger.

  • tacoma

    In this article, if you replace ‘China’ with ‘America’, you have an accurate description of most of the 20th century during the rise of the U.S.A.

    In fact, America has gone much further than what China dares to do in its wildest ambition. America not only has bought up a large chunk of world’s biggest corporations, own large parcels of the most prosperous real estate in many countries, but, uniquely, America has many dozens of military bases spanning the world.

    Well, China today has a few bucks. Why not do business around the world? Globalization was pioneered by the British empire, then refined into a business art form by the USA. (Who was the most successful American pioneer of globalization? Coca Cola my friend. Who invented the business degree MBA to educate globalization the American way?) China did not invent globalization. But it makes sense that it too wants to play the game. But it will play it the Chinese way, not the American way. Because no one culture has a monopoly on wisdom.

    • If we won’t invest in ourselves on our own, China will help us do it.

      • vlad the impaler

        its blood money moron

  • backwards

    the scared stiff administration borrowed money to keep their queen status lifestyle not land. So China can come take them away ,water board ,surf board , or just plain run them through the chipper . they got money stashed somewhere

  • Warren G. Buffett

    China is moving in on all ebay, amazon and other online markets. Nobody is talking about this. How are they doing it? First, marketplaces like ebay give out all marketing data regarding selling price and sales- it’s just like looking at the books and strategy of your competitor.
    So Chinese firms are just stepping in to these marketplaces and underselling. But how can that be, with shipping and all? That’s number 2- the Chinese government subsidizes all the shipping so it is less than American shipping prices. Fedex and UPS are not big in China. A box can be shipped by China postal for half the fedex or UPS price.
    The bottom line is China is taking over transparent online markets by seeing what is selling and selling direct with the help of shipping subsidy- something US can’t even think about with a bankrupt postal service.

    • Ralfine

      Postal service is always cheaper than courier companies.

      Even in Western countries postal services started out as national services important for national security, same as railway, school, army and telecom.

      It isn’t as much “China” as “Chinese”.

  • Hammerstrike

    Oh noes, my irony meter!

  • Hans

    There is only so much gold available that can be bought. When the whole corrupt economic system goes into collapse, who wants to be stuck with worthless dollars? The Chinese are slowly but surely exchanging their soon to be worthless dollars for real assets. When the music stops, they want to own a chair or two, rather than stand there rather foolishly with a fistfull of dollars.

    • bob

      good post

  • Al

    Look on the bright side, all the CEO’s and Wall Street geniuses will be standing next to us on the unemployment lines eventually. They’ll be trading in their fancy houses and cars for rice, since their tastes are more expensive than ours, my guess is they’ll fall faster than we did. Only the residents of the slums they end up in, will remember what they did to their jobs, their homes, and their government.

    • Hammerstrike

      You forget Hollywood celebrities, they make over twice more than CEOs, for far less taxes.

  • ImmColl

    I wish my debt didn’t matter…how does that work anyway? Once your debt becomes so massive it does not matter…..why? Because everyone knows you cannot pay it off so you will default so it does not matter!!!
    Soon products willl say made in USA by Chinese workers! Well, Ross Perot was right he said free trade would be the ruin of this country. Remember how the lame stream media made fun of him and marginalized him? He was the only candidate who truly had American interests at heart and he came in a distant third. Sadly Americans have only gotten dumber since then…and so it goes.
    Back to the debt even Warren Buffett said it should not go any higher. He knows US GDP growth is slowing, and will probably start sliding backwards which will have a huge impact on our debt and borrowing. Time will tell.
    Stay tuned!!!

  • markthetruth

    Confucius Says…

    The man who moves a mountain begins by carrying away small stones.

    the end.

    • Mondobeyondo

      Confucius says, “The journey of a thousand miles begins with Interstate 10, then take I-405 north through Los Angeles, depart at Sacramento, and camp out at the base of Mount Hood near Portland, Oregon”. Or something like that.

    • I no longer have the energy or spirit to continue the fight to save the country. There are too many evil forces at play and not enough troops are engaged in the battle. I have battle fatigue.

    • Confucius say, “Man who stand on toilet, get high on pot”. Confucius say, “Man who go through airport turn-style sideways going to bangcock”.

    • vlad the impaler

      confucious say “he who go to bed with itchy ass,wake up with stinky finger”….

  • energizedmortal

    As long as the rich get richer and the poor get poorer all is well but when world leaders fought for control in the previous world war people were nuked and most leaders prefer that there be no one left before they relinquish their power.

  • arizonadiane

    How depressing. But I know it is true. The more we read Michael, the more we see what is happening to our country.

    I for a fact know this article is true. I sold my Dad’s place, after he passed, in a very expensive neighborhood in So CA to Chinese man for cash!! I also know the freeways in SO CA were being worked on through a Chinese company and workers. People were complaining because we in the US needed jobs, but here is a Chinese company using their own people.

    Very sad. This is what we get because of the greed in Washington.

  • Rufus T Firefly

    Time to start learning Mandarin so I can better serve our future overlords.

    • K

      Already know how to write, the only phrase I will need. 你可能拿我的槍,從我的冷死手。

      • Its_Alive

        You got that right!!

      • Mondobeyondo

        Oopa Gangham Style..??

      • Chinese guy

        He means “You will only take my gun from my cold hands when I die.

  • grumpyhillbilly

    I tend to agree the debtor is the slave to the lender. China is planning ahead, and we are likely going to be another banana republic for China to exploit. It’s a reap what you sow for Americans. China couldn’t have done any of this if it weren’t for our corporations sending them the technology and money.

  • China’s economy will shortly burst. Overpopulation and an aging nation due to one child policy will slow down their economy.

    • Hammerstrike

      That been promised already back in the latter 1990s.

      One child policy have not been followed by everyone.

      • Ralfine

        The Chinese population will reach its peak of 1,500 Million in about 2040. The old age population (over 65) will also reach a peak and not grow further some time in the near future. The sum of juniors (under 18) and seniors (over 65) will remain about the same.

        The workforce in China (18-65) is still rising by about 8 million per year.

        The one-child policy is not applicable to minorities, only to Han-chinese.

        Higher educated couples in cities like Shanghai prefer not to have children at all.
        Rich people find it easier to pay the penalties or to send their wifes abroad for giving birth.

        China isn’t a humungous mass anymore.

    • Prepaired Painter

      Very true. Well put. I am counting on the same thing here in the US for “pro-choice” supporters, they murder their next generation while the young pro-lifers are more involved than ever before. Its simple math, they will destroy themselves out of their own sin and foolishness.

    • Sensible words. I see the only glimmering hope would be the small developing countries with a knowledgeable and industrious citizenry along with the proper application of equality(non-Marxist) and fiscal prudence.

    • juanisaac

      I agree. But, did you factor in that the Chinese coming to the USA will not be subject to the one child policy. What better way to push the Americans aside and repopulate North America with Chinese people?

  • Kim

    Was wondering about all those Chinatowns.

  • Richard

    You are, of course, describing exactly what America has been doing in other countries for the last 50 years.

  • Undecider

    China is NOT doing this on their own. They are being guided and allowed to do this by the ‘money masters.’ This is part of debt slavery. America gets pumped by of debt. That debt is offshored the new manager of that debt uses the debt as leverage.

    The folks up in Wall Street and abroad are not only aware of this but guiding it. The ultimate goal is the break up of the United States. This is not some Chinese master plan but something that will later be used against them as well.

    Anyone who thinks the ‘Chinese people’ are being this must be on crack. The Chinese ‘people’ are busy slaving away in factories for the same people.

    The answer to this is for the consumer to ban and boycott ALL Chinese consumer goods. Stop filling their banks with our debt dollars. As it has always been said, America will be destroyed from within not without. We will be the ones who hammer down the nails for our coffin. Wall Street may be the ones positioning the nails but we’ll be doing the hammering.

    Remember that before blaming all of China. There’s a reason why they are getting this along with critical ports and the Panama Canal. All part of the master plan to break up nations and consolidate power.

  • anon

    better China than Saudi Arabia

  • markthetruth

    World economic recovery proof…

    January 23, 2013 10:26 am
    Spanish economic woes deepen

    Vietnam’s economic woes: where to from here?
    Jan 10, 2013 9:00am

    German economic woes erode market gains Tue, Jan 15, 2013

    14 January 2013
    For the second year in a row, the World Economic Forum’s Global Risk report has found that economic and environmental issues are the most likely risks to global stability.

    Japan Official: ‘Hurry Up and Die’ – 3 hours ago
    to the aging population. can’t afford you.

    BUT !
    The U.S. economy is in recovery mode, and while customers are rightly cautious, the issues … US economic woes will be resolved

    the end…

  • Notice the Chinese are not making these investments in Zimbabwe. They foresee a bright future for the US, and want in on the action.

    And guess what, if our federal government seized all private businesses and means of production, our country’s economy would also boom. But we would no longer be a capitalist society. These comparisons are really apples and oranges.

    • Hammerstrike

      The can natioalize the entire US economy but that would result in the cost of running that economy up several times more for several times less the work.
      Then, with the massive fall in revenue resulting from that, the US governement cuts down its wages and workforce, the hanling of the economy wekens as a result, causing revenues to fall even further.
      The armed FBI, SWAT, TSA and SWAT goons find out their pays are cut and turn on the politicians and bureaucrats, purging them then turn to looting the ever poorer population to buy drones and tanks.
      The guy with the most guns rules, so they turn on each other on who will have the biggest share of the pie.

      Eventually the Chinese moves in, exterminates these criminal remnants so they can cost-effectively establish puppet states over the usefull parts of North America able to export ressources to China for Chinese industrial production.

  • sherlock32555

    I’m glad to see this, because the american people don’t have two brain cells to rub together. The idiots keep voting for socialist and communist into congress. This tells me the americans are one or the other thru their votes. You are judged by your actions and this says alot about you. When the U.S. goes down and they are put in sweat shops like in China, they will see the error of their thinking and wish they had not been so damn stupid and paid more attention to what is going on round them. The schools and universities are teaching the children that socialism & commumism are the best for the greater good of the society and capialism is evil. Look up and see how many hold office in D.C. No one cares if they leave their children to work in one these places, because if they did none of this would be going on! I’m glad that I grew up in america when I did, so I had freedom to become an adult with wisdom to understand what I read and not believe what the goverment plantation tells me. Glad that i’m at the end of my time here and will not live to see this one great nation that my forefathers built be destroyed by IDIOTS!!!

  • Patriot Alice

    I can’t be the only one who can sense this change in our political system too…We have to reverse course if we regain control of our country..Balance budgets with spending cuts not tax increases, eliminate our debt, reduce regulations at all levels of government..

    • Syrin

      Too late the libs have sold us out as a nation. Why do you think they want your guns? Have you heard ANY lib talk about gang violence or anything actually related to decreasing the places where REAL violence occurs? No, they want a disarmed society for what is coming.

      • Patriot Alice

        Here in New York State, a doctor can have your guns taken away from you…”Just enacted”.

        • Hammerstrike

          Romneycare is a good thing after all, then.

  • thenations

    The correlation between the points made in your article and the UN’s SCNSD/SCI is relevant.
    SCNSD is the Sister Cities Network for Sustainable Development.
    SCI is a “Major Partner” of SCNSD. SCI (Sister Cities International) was created by Eisenhower. It has now been absorbed by the UN’s SCNSD.
    The stated mission of SCNSD is implementation of the forty mandates of UNa21 throughout all communities of the U.S.
    Presently, close to two thousand contracts have been signed between U.S. cities/counties and foreign countries, including China. (Do a search on SCI contracts in California. It’s sickening.)

  • Marine68

    They are Building Frontier Forts from which to take over, Chinese manifest Destiny if you will, and we are the Natives. Knew there was a reason for their extreme objection to being depicted as the attackers in the new Red Dawn Movie.

  • Marine68

    Buy Lead, it will be more Valuable than Gold, and can support a higher muzzle velocity.

  • bob

    they’re intelligently converting useless U.S. Dollars into commodities and hard assets.

  • jsmith

    Amelicans are sooooo stupid!

  • Yah Speaks

    Thus says The Lord, to the generation of His wrath:

    I have trumpeted to you, yet you cover your ears. I shall show signs and wonders the likes of which as has never been seen, indeed many signs are made plain already, yet you cover your eyes. Is this not a small thing for The Lord, and the judgment poured out on Egypt a mere twinkle in the vesture of God’s power?

    Yet you refuse to repent! Neither will you bow down, for your hearts are hard and your mouths vile! Therefore, judgment is come! Judgment shall fall! It shall fall hard upon your backs and be very heavy!… Breaking the backs of the wicked, abasing the proud and humbling the haughty, casting down the high-minded and bringing swift death upon the oppressor! Behold, on the whole multitude, upon every inhabitant of the earth, shall it fall! All shall be broken!… Some broken and lifted up; and many more, broken and condemned.


    Hear the WORD of the LORD spoken to THIS modern generation!…

    Letters from God and His Christ, given to a modern man for modern man’s sake!

    TrumpetCallofGodonline . com

  • AzPreparez

    While this seems catastrophic, this happened with Japan in the late 80’s. The situation reversed after their economic downturn started and our economy raced in the 90’s. In fact, we bought much of the real estate back at much lower prices.

    The challenge we have now is that there is no silver economic bullet (read internet, computer based productivity gains) on the horizon. China must diversify as much of their land is turning to desert and is unable to feed 1.5 billion people.

    What truly worries me is the disparity of males to females. What does a nation do if it has 100-300 million “extra” 18-25 year old males? War anyone?

    • Hammerstrike

      The Plaza Accords back in 1985, the US got to decides the exchange rates of Japanese and German currencies.

      That made Japan and Germany to a lesser extent, the producers and the US as the taker.

      Now, this drain have become too much for the Japanese economy to function and Germany, the entire eurozone isn´t far behind.

  • DownWithLibs

    To be honest, I’m surprised that this hasn’t happened by now. Basically, we live in an age where nothing surprises me anymore.

  • Hammerstrike

    “When the final numbers for 2012 come out, our trade deficit with China for the year will be well over 300 billion dollars, and that will be the largest trade deficit that one country has had with another country in the history of the World.”

    You betcha those numbers areas manipulated as the value of the US dollar, inflation rate and debt (238, not 16 trillions) and are even higher in reality.

  • brian

    I like it when my honest opions are being censored I should sue

  • Ralfine

    Just a simple question:

    Has anyone on this board ever been to China?

  • markthetruth


    A article just out that i believe you been preaching to us for a long time now. and it’s what i see and believe until humans start to evolve into the JETSONS.

    goole and read..the future.

    AP IMPACT: Recession, tech kill middle-class jobs

    the end…

  • none


    You might be the only one who figured out the reason why
    Obama started gun control on Monday!

    When he gave his speech on Monday. He was madder than time
    he backed down to the banks in the tarp bailouts. Right after the bank
    executives decided to give themselves bonuses.

    He is trying to cover up the fact that the Ben Bernickie
    could order him around and tell him that the U.S. government cannot mint any
    coins without the Feds permission.

    Lastly is he setting the stage
    for letting the Fed charter “expire” in March? Possibly causing the U.S. to
    look like Greece today?

  • Hammerstrike

    Not quiet, since the US governement borrow most of what it spends (+238 trillions, not 16 trillions) and the US dollar´s place in world trade, +50% of US military expenditure is paid for by the rest of the world.

  • JasonD

    Give ’em gift certificates to Wal-Mart for the debt…

  • Alasha

    Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America? Ya think! I wonder what it will take for us to WAKE UP

  • 2Gary2

    I have often thought that all this outsourcing is bad for national security. Even if it costs more to make stuff in the USA it is in the interest of the country to continue to make things here regardless of cost. I am so sick of the profit before everything else mentality.

    Plus I would think that when the price of oil eventually sky rockets it will not be economical to ship stuff from China. Those cargo ships use a lot of fuel.

    plus–the products made in China are generally crap. One is not really saving money if you need to replace items that break all the time.

    • Ralfine

      You need to make a difference between the perspective of a corporation and the perspective of a nation.

      From the perspective of a corporation it pays not to pay for sick leave.
      From the perspective of a nation it does not pay that people go to work when they are sick.

      Corporations usually do not have to pay the total costs of their operations.

      Car, oil and cigarette manufacturers usually do not have to pay for asthma costs, and cancer costs, and cleanup of city streets.

      And even in macroeconomics there are different perspectives in socialism and capitalism.

      Dictators do not worry about reelection in 4 years. They push through with gigantic scheeemes like electrification, the Autobahn, giant dams, no matter the cost to the CURRENT population, if it could serve the nation in future.

      In democracies everything regarding the nation moves much slower, as consensus must be reached.

      Anyway, life is a bit more complex than can be illustrated in a linear projection of a post.

  • jgwolf71

    @#%&$§^…. How do we fight the corruption in our govt that has caused this mess and continuing to make things worse….. In favor of massive profits for the undeserving elite!!!?

    • Ralfine

      You always need three for corruption to work.
      The Payer
      The Taker
      The Look-away-er

  • So the economically starving Chinese are doing everything to survive and a weakened America presents a perfect target. Americans better wake up then or else some are right to say, “better start learning Mandarin”. (The new “overlords” are coming)

  • Mr. T

    We have all simply been sold out by our politicians and our greedy large corporations that negelected to see the threat to national security over short term corporate profits while engaging with the Chinese businesses/government. We really need to investigate what type of influence peddling, payoffs, blackmailing, etc. have been offered to our so called leaders, because it’s obvious that they’ve received their 30 pieces of silver to sell us all down the road along with our standard of living!

  • David S.

    re. Idaho Statesman article…this is over two years old [12/31/11]… I wonder, has the Statesman drank the China koolaid? since I can’t find anything at all about the subject of a proposed China economic zone south of the Boise airport since…of course the politicians are looking for a piece of the pie, led by Gov. Butch Otter [R]…incidentally, comments following the Statesman article make it clear that Idahoans are totally against the China intrusion on their soil…

    • David S.

      correction: Statesman article was dated 12/31/10

  • Knows

    And, left out of this story is the scandal of Chinese graduate student teaching assistants in our top universities, which educate our few remaining top American students, cheating our American kids out of grade points on their tests and class work. It makes or breaks an American kid in terms of keeping or losing a scholarship. It is outrageous and it is fraud. Chinese students, or any student from a communist country should not be allowed any grading responsibilities at all, and graduate assistantships should be going primarily to American kids.

  • Let em get this straight: Since the 9/11 inside job (Muslim boogie-man) America’s (Israel’s) foreign policy (AFRICOM) has been about disrupting and supplanting Chinese advances in trade through out Africa and the world.

    This is undeniably true, even though, at the same time, the banking cartel (Fed) is selling billions of Treasury bills to China, creating a huge unsustainable budget deficit that enables the US military in its fight against…China.

    Meanwhile, US-based global transnational corporations are, out-sourcing jobs to China that, along with the bank bail-outs, resulting austerity cuts, have destroyed the American middle-class.

    Further, as we speak 9/11 has drug the US military into endless wars, a tremendous spike in military suicides, and is being destroyed in the central Asian “graveyard of empires”, while replacement parts used in the US military machines are being counterfeited in China!?.

    To make matters worse, in the wake of the contrived economic debacle, America is selling off its infrastructure to…China?!

    Can someone tell me that this does not add up to a plan to destroy America, destroy the western world and replace it with the presumed Rothschild/Soros NWO economy, that has China as its contrived (Chinese Triad) leader?

  • alan watson

    what a bunch of fools we are

  • Keepitreal

    And? So?

    American businesses (British, French, et al) have established themselves in China for years too. Does that mean those countries are taking over China? NO.

    Everybody needs a boogie man to chase, & China is the Frankencountry of the decade. I seem to recall Japan did much of the same things 20 years ago & their economy took a dive. The same thing will happen to China. Just wait….

    And all this crap about jobs being sent overseas, etc…give it a REST! What jobs are you talking about? Manufacturing? American workers want $20/hr plus, benefits, vacations, sick days, etc…things Chinese workers don’t get to run the same machine or put together a radio or whatever. Ergo, the cost to manufacture a widget is naturally going to be much less for a company to make overseas than it is here.

    Stop demonizing a corporation for doing what it does: make a profit! In terms you’ll understand: do you let the professional lawn care company cut your grass or the kid down the street? Probably the latter. Why? Cause he doesn’t charge as much!

    People forget…they’re a commodity in the work force; nothing more. Price yourself out of employment or stick with a job that has become obsolete-even through no fault of your own- people will find an alternative. YOU SHOULD TOO!

  • brian

    Its called UNIONS!! They have destroyed our economy and China has picked up where we out priced ourselves!!

  • smallergovnow

    The Chinese are also investing heavily here in South Texas specifically in and around the Port of Corpus Christi. $6-8 billion in plants along the ship channel…

  • mlnw

    The U.S. is demanding that China let its currency appreciate against the dollar. If that were to happen by say 30%, in one shot all of the US debt China holds could lose its value by $300 billion or more. What is China to do to preserve the value of what it has already earned?

    As for large construction projects like the San Francisco Oakland bridge, we have no companies in the U.S that can do the job, or even steel makers that can turn out the steel for the job, that’s why the SF-Oakland Bridge Authority gave the deal to the Chinese. This predicament we find ourselves in has been the result of outsourcing and the free trade treaties (including the TPP we are negotiating in secret even from our own Congress- a treaty which is even worse than NAFTA). This was part of the “new economy” that Clinton brought to the table. And we did all of this so that our banks and finance people could make big profits at the expense of everyone else in our country.

    Moreover, the Chinese are seeing the U.S. going to Africa and elsewhere and overthrowing governments that had gotten much better deals from the Chinese than we had ever offered, and that we are doing so to take over the Chinese concessions- i.e., steal and plunder them.

    As for Chinese investment in the U.S., our political leaders should be cutting deals that allow good planning for our communities and full employment with good working conditions for our people. At least, the Chinese would be doing what our own corporations and banks have not been doing.

    The Chinese need to feed 1.4 billion people in a country that lacks all the resources to meet their needs. They also have over 200 million people way below the poverty line. What the heck are they supposed to do, but to reach out to other countries for resources and markets. On the other hand, why has U.S. business fallen down on the job? Why have our banks and multinationals sacrificed American interests for their own profits?

    The U.S. needs a new paradigm. It must rebuild its infrastructure and get in the trenches and rebuild its industrial capability- and there are many new technologies it can use for that. And, it must stop squandering trillions on war, and instead work to rebuild trade with the developing world, to take advantage of the same opportunities that the Chinese have afforded themselves- e.g., by offering a win-win deals to their trading partners. We must stop whining and get to work, and get used to the fact that the world is here for everyone who lives in it, not just ourselves, and that maybe we will need a collaborative effort with the Chinese and everyone else, if we are all to survive.

  • westpacwes68

    Ever wonder if there is some ”special” accomodation between the Red Chinese and the Obama Administration?
    Ever wonder WHY the Red Chinese are making ”suggestions” that a total gun ban take place in the U.S. ?
    Here’s your sign….

  • darragh scully

    Were in poisoned by China in our own homes.

  • Patricia Conant

    I don’t think we have just been foolish. I wish. I think this has all been by design to undermine America. Period.

  • Patricia Conant

    This is NOT true ‘free trade’ among nations such as the Founding Fathers upheld. The is usurpation.

  • The U.S. is no longer a sovereign nation. It is just an economic trade zone. The evidence is all around you and yet the majority of the American sheeple refuse to acknowledge this basic truism. Our politicians refuse to protect our southern border from the alien invasion and they have simultaneously stolen our children’s inheritance by bankrupting the county. This downward dissent into the abyss began nearly 50 years ago and I reluctantly acknowledge that we are finished as a nation. It’s over.

  • windship

    The final Hopi prophecy – red hats falling from the sky!

  • deh3

    The influence of China in the US will continue as long as governments continue to prefer to tax productive activity (sales, income, buildings) rather than unproductive activity (pollution, financial speculation, land speculation), intervene in land use, through zoning, impact fees, property taxes and land transfer taxes make it more profitable for builders to build outward, which is more (imported) material- and energy-intensive, rather than upward, which is more (local) labour-intensive. At the federal level, the senate and electoral college should be abolished, 100% of the population enfranchised and the electoral quotient of the House of Representatives decrease to what it was in 1789 (approximately 46,000).

  • clarachan

    YES, a friend of mine who lived in California, told me they own Cupertino,and that there a lots of colonies all over California. But how will this affect our Japanese residents, and regular Chinese who’s families have been here for generations??The new Chinese are not going to like the Chinese-Americans, and tthey hate the Japanese!

    I am afraid espec. for minority Americans.Believe me, mainland Chinese hate Japanese, and hate old Chinese-Americans far more than they hate white people.The mainland Chinese are VERY RACIST.They even kill or persecute minority races in China! They do dislike minorities. I think theee people should be on guard,as well aa White Americans.

  • Endgame

    I am from Vancouver. In 20 years our real estate is like New York City. Top schools are Asian. Once we sell it you will never get it back. Ever. Remember that glass beads story for Long Island?

  • docziegler stuttgart

    The de-americanisation of the world is a process that can not be stopped, the de-americanisation of US itself through chinese people, chinese business men that is bitter. The political class in USA is on the payroll of chinese and israel agents.

  • vlad the impaler

    with that attitude you probably don’t leave the house much.our economy is dependant on those senseless wars,that;s why we need to find a new one.i don’t believe for a second china is innocently purchasing property to feed its people,give me a break.china has few natural resources they want ours and everybody elses,they want to populate up your countrys with their people like in ca.they are snakes.

  • Jimmy

    Confucius says we are screwed.

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