Category China

Aug 17 2022

South Korea Offers Olive Branch to the North


Armstrong Economics Blog/War Re-Posted Aug 17, 2022 by Martin Armstrong

Russia recently claimed that it had been a close friend of North Korea since World War II, when Japanese forces were expelled from the peninsula. In a celebratory speech, South Korean President Yoon Suk Yeol mentioned how the end of Japan’s colonization was a win for both Koreas, albeit leading to their nasty divorce. Yoon said he would like to strengthen relations with Japan, as well as North Korea.

South Korea is requesting the same demand – denuclearization.  “We will implement a large-scale program to provide food, providing assistance for establishing infrastructure for the production, transmission and distribution of electrical power, and carry out projects to modernize ports and airports to facilitate trade,” Yoon said. Furthermore, Yoon said that they would modernize North Korea’s hospitals and infrastructure, and “carry out initiatives to allow for international investment and financial support.”

North Korea will never abandon its nuclear program for fear of retaliation. Without nuclear power, the small, impoverished country would be completely vulnerable. I warned in March 2018:

“The entire world is going to go nuts 2031/2032. There will not be a country that is spared from political and economic events. The risk a serious famine in North Korea which could result in the people rising up will arrive in 2023. That pressure will begin here this year 2018.70 – which will be September 13th, 2018. This appears to the turning point that is not just concerning North Korea. It is appearing around the world in many markets. The risk for political change in North Korea comes into play as soon as 2019/2020.”

We saw political destabilization in North Korea in 2020 when Kim Jong-Un went missing from the public eye. Many thought he was dead, and reports circulated that his sister, Kim Yo-Jong, had become the Supreme Leader. It has now come to light that Jong-Un was “seriously ill” during the pandemic. “Even though he was seriously ill with a high fever, he could not lie down for a moment thinking about the people he had to take care of until the end, in the face of the anti-epidemic war,” his sister recently revealed.

Kim Jong-Un declared complete victory over the coronavirus. “For a country that has yet to administer a single vaccine shot, our success in overcoming the spread of the illness in such a short period of time and recovering safety in public health and making our nation a clean virus-free zone again is an amazing miracle that would be recorded in the world’s history of public health,” KCNA quoted him as saying. However, he blames South Korea for contaminating his country with the virus.

North Korea will never abandon its nuclear power, nor will it make amends with South Korea. The hatred runs too deep. Although the nation needs financial assistance, it is turning to its new ally, Russia, with the help of China. Our models state that there could be civil unrest in the hermit kingdom next month. Civil unrest will not be tolerated and cannot occur without a full-scale uprising. Could involvement in the Russia-Ukraine war be the final straw?

Aug 16 2022

North Korea Forms Alliance with Russia


Armstrong Economics Blog/War Re-Posted Aug 16, 2022 by Martin Armstrong

On Korea’s liberation day, President Vladimir Putin responded to Kim Jong-Un’s request to join the fight in Ukraine. In a letter to the North Korean dictator, Putin said North Korea had been a friend to Russia since Japan’s defeat during World War II. Kim is calling for “strategic and tactical cooperation, support and solidarity” between the two nations, and Vladimir agrees that it would be in the best interest of both parties.

Putin is seeking to “expand the comprehensive and constructive bilateral relations with common efforts” with the hermit kingdom. North Korea needs Russia and China to survive. In 2011, Kim J0ng-Un’s father, Kim Jong-il, visited Russia and negotiated a contract to send North Korean workers to Russia. US sanctions were intended to reverse this proposal but it was largely ignored. Both Russia and North Korea have been banished from doing business with the West entirely, so all bets are off.

This arrangement is certainly more beneficial for North Korea as it is desperate for allies. The move will undoubtedly anger the West, but this is the result of failing to hold diplomatic talks with Russia and imposing endless sanctions.

Jul 9 2022

Former PM of Japan Assassinated


Armstrong Economics Blog/Japan Re-Posted Jul 8, 2022 by Martin Armstrong

Japan’s former Prime Minister Shinzo Abe has been assassinated in a rare violent attack in Japan. He was shot while delivering a speech in Nara. He was pronounced dead at 5:03 p.m. local time at the hospital. The assassin was captured, Tetsuya Yamagami, 41, who may have served in the Maritime Self-Defense Force back in the 2000s. He apparently used a homemade gun, which shows that in a country with some of the strictest gun laws in the entire world, it still does not prevent such acts.

Violent crime in the United States peaked in 1991 and bottomed in 2014 with our model on civil unrest and the war cycle. It appears that because of the lockdowns, this may have pushed many on-the-edge people over the edge for we are witnessing mass shootings and senseless violent crimes like people killing someone over a parking spot. This appears to be unfolding worldwide. In this case, the guy made his own gun. This is a trend that is starting to appear in the United States where guns are not traceable.

Jun 21 2022

China Uses COVID Pass to Restrict Movement


Armstrong Economics Blog/Tyranny Re-Posted Jun 21, 2022 by Martin Armstrong

People believed that governments would use tracker apps solely for COVID purposes. Sadly, the Chinese are quickly learning the harsh reality – the apps were always intended to control the masses. Over $6 billion (39 billion yuan) has been frozen, and thousands of people are unable to access their bank accounts. A few banks in rural Henan reported bank runs, and residents were planning a protest after finding that their funds were frozen.

Conveniently, the COVID tracing app is required to enter the bank. Users need to scan their QR codes to enter most public places. It has been reported that thousands of COVID-negative individuals had their status changed via the app, restricting their movement and making public places inaccessible.

Numerous depositors were taken to quarantine camps. CNN reported on one individual who was forced to spend the night in a quarantine camp after his code falsely showed he came into contact or was infected with COVID. He was permitted to leave the following day, but since his code was still inactive, he was not permitted to board the train home. As the lockdowns have shown, government tyranny is certainly not restricted to China. If it happened there, it could happen anywhere.

Jun 13 2022

China ‘wants quick resolution’ to Ukraine conflict


By Reuters  Published originally on Rumble on June 11, 2022 

Singapore’s defense minister Ng Eng Hen, speaking on the sidelines of the Shangri-La Dialogue on Saturday (June 11), told media that China wants a quick and peaceful resolution to Russia’s ongoing military conflict in Ukraine.

May 24 2022

Biden Say U.S. Willing to Use Military Action Against China to Protect Taiwan


Posted originally on the conservative tree house on May 23, 2022

The last question from the assembled press pool in Tokyo, Japan, brought about the most serious foreign policy response from the installed occupant of the White House.  Joe Biden said he is willing to use military force against China if Beijing decides to take over Taiwan.

[Transcript] – Q    Very quickly: You didn’t want to get involved in the Ukraine conflict militarily for obvious reasons.  Are you willing to get involved militarily to defend Taiwan, if it comes to that?

PRESIDENT BIDEN:  Yes.

Q    You are?

PRESIDENT BIDEN:  That’s the commitment we made.  That’s the commitment we made.  We are not — Look, here’s the situation: We agree with the One China policy; we’ve signed on to it and all the attendant agreements made from there.  But the idea that — that it can be taken by force — just taken by force — is just not a — is just not appropriate.  It will dislocate the entire region and be another action similar to what happened in — in Ukraine.  And so, it’s a burden that is even stronger.

https://youtube.com/watch?v=YaRnlsyhD7M%3Ffeature%3Doembed

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May 6 2022

Australia and India Form an Alliance to Lessen Reliance on China


rmstrong Economics Blog/World Trade Re-Posted May 5, 2022 by Martin Armstrong

Trade tension between China and Australia has hit a new peak, with Australia now seeking to limit trade with China entirely. Former Australian Prime Minister Tony Abbott said that India will replace China in trade. “For economic reasons, we’re gonna [sic] have to replace China in supply chains and frankly, there is no better substitute for China and so many of their supply chains than India, given India’s very sophisticated manufacturing base,” Abbott stated.

Abbott accused China of “weaponizing trade” and “bribing or bullying other countries around the region.” Australia is now aiming for a $100 billion bilateral trade deal with India. India and Australia entered a free trade agreement in April entitled the “Australia-India Economic Cooperation and Trade Agreement” (ECTA) after over a decade of negotiations. The deal will increase trade between the nations from $27.5 billion in 2021 to $45 billion over the next five years. The agreement also seeks to increase duty-free imports on Indian products and eliminate over 85% of tariffs on Australian goods to India.

China blocked Australian imports during COVID after politicians requested an independent review of the Wuhan virus leak. China later allowed Australian goods to enter the country but increased tariffs significantly. The two nations withdrew from major projects shortly after, such as China’s Belt and Road Initiative.

China recently shut down its largest port and has been contributing to the supply chain crisis. They have had notoriously difficult trade negotiations with most of their largest trading partners. Although the models indicate China will eventually become the financial capital of the world, the road there will be a long one.

May 2 2022

China’s Extreme Lockdown Measures


Reposed form Reddit

Extreme lockdown measures in China
byu/GoFuckthThyself inThatsInsane
Apr 23 2022

Wealthy Flee Shanghai


Armstrong Economics Blog/China Re-Posted Apr 22, 2022 by Martin Armstrong

The lockdown in Shanghai has caused immeasurable damage to the people and battered an already stunted global supply chain. The wealthy are now fleeing the city, as numerous agencies have reported a large uptick in immigration requests. The Financial Times reported a 7-fold increase in the search term “immigration” among residents.

The media has downplayed this story as they do not want the people to remember governments’ capabilities. As with the fall of many great cities, the wealthy are the first to leave. Shanghai may be one of the richest cities in China, but it is not immune to government tyranny.

Only 25 deaths in Shanghai were attributed to the coronavirus, but over 25 million people directly suffered from this lockdown. The lockdown was not about safety. Warehouses are beginning to open, but the world’s largest port ceased operations. Again, no world leaders commented heavily on these major issues.

Pets of the “infected” were eliminated by the government. There were reports of people jumping from high rises and others begging the police to take them to jail with the hope of having a meal. No world leaders have commented on these human rights abuses as they were done in the name of COVID.

https://rumble.com/embed/vxsuhy/?pub=4#?secret=5q4BFvk5ap
Apr 23 2022

US Antagonizes China with Surprise Taiwan Visit


Armstrong Economics Blog/China Re-Posted Apr 22, 2022 by Martin Armstrong

Lindsey Graham is at it again. He is one of the leading Neocons who has supported the Ukrainian Neonatzis and the war against Russians. Now he pulled off a surprise visit to Taiwan playing the very same game promising US support for a war against China should they invade. This came precisely during the week of April 18th which our computer warned would be an important geopolitical event. This insanity is just beyond belief.

I have no explanation why Graham is so intent on creating World War III. He is forcing China and Russia to combine forces and our model shows that this new alliance will not be alone. Much of the Middle East will join for they see Israel and in bed with the USA and the Zelensky is playing the Jewish Hero. This has divided the Middle East and while Europe is pledging an oil embargo against Russia, my sources in the Middle East are saying they WILL NOT fill the gap for Europe.

Shanghai lockdown will have a profound impact further creating shortages that will push inflation higher. This may recall being the objective given the obstinance of the US policy toward Russia. Shanghai officials said they would lift the lockdown only in batches once virus transmission outside quarantined areas was stamped out. There is no massive wave of deaths and it could very well prove to be a new strategy to combat American sanctions.