Category China’s Technology Theft

May 15 2024

Joe Biden Announces Tariffs on Non-Existent Products from Non-Existent Origination Country – Here’s Why


Posted originally on the CTH on May 14, 2024 | Sundance

BlackRock investment firm writes the regulatory and economic policy for Joe Biden’s administration. That’s the quid-pro-quo that maintains the Biden political financial operation. All of DC know it. No one does not know. The one’s who claim they do not know about it are all pretending. Republicans take the background BlackRock bribes and pretend.

BlackRock positioned massive investment assets inside Chinese auto manufacturers, MG, BYD, and Chery. The three Chinese companies are in the process of moving North American auto manufacturing to Mexico, specifically to make EV’s. The Chinese EV’s made in Mexico will come into the U.S market tariff free under the USMCA trade agreement. China and BlackRock will make billions.

Today Joe Biden announced a series of tariffs against China in the EV industry. [SEE HERE] The Chinese EV’s are not being made in China. The tariff regime is a farce a total joke.

Biden might as well be announcing tariffs on Chinese swimming pools flown into the USA via hot air balloon.  There will be more Chinese swimming pools delivered from China than Chinese EV’s.  The Chinese EV’s come from Mexico.  The tariff is fake.

WHITE HOUSE […] To further encourage China to eliminate the acts, policies, and practices at issue, and to counteract the burden or restriction of these acts, policies, and practices, the Trade Representative shall modify the two actions to increase section 301 ad valorem rates of duty for the following products from China:

  • Battery parts (non-lithium-ion batteries):  Increase rate to 25 percent in 2024;
  • Electric vehicles:  Increase rate to 100 percent in 2024;
  • Lithium-ion electrical vehicle batteries:  Increase rate to 25 percent in 2024;
  • Lithium-ion non-electrical vehicle batteries:  Increase rate to 25 percent in 2026;
  • Natural graphite:  Increase rate to 25 percent in 2026;
  • Other critical minerals:  Increase rate to 25 percent in 2024; (read more)

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None of this stuff is coming from China.  It is all coming from Mexico via transnational shipping and Chinese manufacturing in Mexico. [Check Date]

On the EV issue, this tariff approach is politically duplicitous by Biden against the backdrop of massive investment in Mexico by the three largest Chinese EV automakers. Last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico.  Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion.

Those Mexican built Chinese EV’s would pass into the USA market under current USMCA trade rules and regulations, as long as they technically meet the material origination rules.  This can make tariffs against the Chinese imported EVs a moot point, because China will be making them in Mexico (North American trade agreement).

One of the reasons President Trump said the U.S. auto industry would suffer a “bloodbath,” is specifically because the current Chinese auto companies are targeting these EV’s in the $10,000 or less range.  If you want to see what it looks like when cheap Chinese EV’s start to flood a consumer market, visit Russia – the western sanctions have only increased this flow.  I can see it clear as day.

China plans to pump out thousands of cheap, what I would consider semi-disposable, electric cars into the USA market. That’s why they have invested so heavily in Mexico.  Keep in mind, Blackrock (a Biden benefactor investment firm) is enmeshed with this Chinese move.

This tariff claim by the Biden administration on “import Chinese EV’s” is optics only for political benefit.  Whereas the 100% tariffs proposed by Donald Trump specifically target Chinese EV’s made in Mexico.

Stand back and elevate your thinking on this Chinese EV issue; the substance of it is a consequence of a much larger dynamic.  It is somewhat of a self-fulfilling prophecy.

There is a cleaving underway, a dedollarization that continues in global trade.  Nations are no longer relying (dependent) on dollars as the baseline for trade parity; they are determining their own nation to nation trade valuations outside the use of the dollar as a benchmark.

The result of this dedollarization taking place is massive inflation inside the USA that continues as the dollar (yellow zone) is weakened against the increasingly non-dollar-aligned world (grey zone).  The frequency of dollar use is lessening as alternatives are being used.

Trade into the yellow zone still requires a benchmark of dollars, but bilateral trade within the grey zone increasingly does not.  This is the root of the global financial and economic cleaving.  Mexico is not stupid.

China is trying to position their transportation sector (auto, planes, trains and mass transit manufacturing) as Apple manufacturing is to cell phone use.  Some of these disposable Chinese electric vehicles are actually impressive, which makes sense when you consider that China steals the engineering and design elements from knuckleheaded western corporations who use China for industrial manufacturing (see Tesla etc).

Nov 17 2023

China Extends Olive Branch to US Re-Posted Nov 17, 2023 By Martin Armstrong 


China US Trade War

The Asia-Pacific Economic Cooperation (APEC) summit concluded with China and the US agreeing to partner on trade military strategy. The love-hate relationship between America and its largest trading partner has been strained for may years and completely counterproductive. China’s President Xi Jinping made it clear to Biden that the US is either for or against them.

“If we regard each other as the biggest rival, the most significant geopolitical challenge and an ever-pressing threat, it will inevitably lead to wrong policies, wrong actions and wrong results,” Xi explained. “China is willing to be a partner and friend of the United States.”

America’s leader, sadly, appeared utterly incapable of having a conversation with Xi. In an embarrassing chain of events, Joe Biden managed to anger China by once again referring to Xi as a dictator. “He’s a dictator in the sense that he is a guy who runs a country… based on a form of government that is totally different from ours,” the man who received the most votes in US history stated. Chinese media has not reported Biden’s comments, and Xi has agreed to send US zoos giant pandas to appease the mindless masses like our president.

The real question remains – can the US stay away from Taiwan? Xi called the issue “the biggest, most dangerous issue in US-China ties,” as the neocons have been extremely vocal about their willingness to defend Taiwan. “China has never bet on the United States to lose, has never intervened in US internal affairs and does not intend to challenge or replace the US. China is happy to see a confident, open and prosperous US,” Xi stated, making it clear that China is focused on advancing economically and not going to war with America.

China’s willingness to partner with the US correlates with its current economy. Foreign investment into China fell to negative territory for the first time since 1998. Now, Chinese leaders want to put differences aside and work with America’s private sector. China has been attempting to mirror America’s business economy since 1978 and embark on a path of capitalistic consumerism.

Every promise will fall to the wayside if the US does not respect the One China policy in regard to Taiwan. China cares not about its other allies and their ongoing wars at the end of the day. Taiwan is the key piece that could make or break US-China relations for generations to come.

Apr 29 2023

China – High Tech Learning


Armstrong Economics Blog/China Re-Posted Apr 29, 2023 by Martin Armstrong

Feb 16 2023

America’s biggest threat – China


Newsmax TV Posted originally on Rumble on February 15, 2023

Feb 6 2023

A Record Number of Americans Say They Are Worse Off Financially Since Joe Biden Took Office


Posted originally on the CTH on February 5, 2023 | Sundance

According to the latest ABC/WaPo polling [Full pdf Here], 41% of Americans say they are worse off financially under Joe Biden.  That is the highest negative response to the question in the 37-year history of ABC polling.

Yet we are supposed to believe voters suffering under the worst financial outlooks in 40-years rewarded Joe Biden just two months ago with support for his Democrat Party and candidates?   Something is just not adding up.

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

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[Full Poll Data Here]

Feb 5 2023

China’s Balloon is all Posturing


Armstrong Economics Blog/China Re-Posted Feb 4, 2023 by Martin Armstrong

The Chinese Balloon is a surveillance balloon. It is meant more for intimidation. It is unlikely that it really poses a national security threat. There is also one flying over Latin America. Joe Biden’s response was immediately to shoot it down. He was warned that it is too big and would possibly create a debris field that would harm civilians for no reason. The Chinese did the same when Trump came to power. He knew it was just intimidation and gave no order to try to shoot it down.

It flew over Montana which is the #1 target to eliminate our major intercontinental missiles that would point to China. So from that perspective, it had targeted sensitive areas but everyone in the world knows where those missiles are at.

Biden has shot it down once it made it to the Atlantic. Any information would have been transmitted back already. So this too was a measure of Bravado for the PR value. As one client wrote in:

Message: Martin, I live in Myrtle Beach, SC. Today was a clear sky day, the balloon and 5 military jets flying around were clearly visible. Many neighbors were calling each other to inform them of what was happening outside, we and many neighbors were out in the street watching this. Then all of a sudden there was a boom and the balloon disappeared, so much for the balloon. It was interesting. End of story.

WES

This is just intimidation. It seems to have worked for Secretary of State Antony Blinken abruptly canceled a high-stakes Beijing trip aimed at supposedly easing U.S.-China tensions after the US has done everything it can to make matters worse. Pelosi’s trip to Taiwan was stupid. By the US making such a grand stand against China over Taiwan, they have absolutely now guaranteed that China will take Taiwan. Pelosi went just before the Chinese election which only guaranteed Xi’s reelection.

I do not know if there is something in the water in California that seems to make the politicians there lose all understanding of war and intimidation. Now the Republican McCarthy is showing that he too is just acting irrationally and poking China to ensure it MUST now take Taiwan. He announced a Taiwan trip simply because Pelosi did it, and it will do nothing but ensure a war that the USA would lose. Because China warned McCarthy, then he has to certainly go,

McCarthy has now come out and said that China cannot tell him where to go. So he now must go to Taiwan as a matter of gamesmanship, but that works both ways. Pelosi’s trip and now McCarthy’s trip are both doing the same to China. The US pretending it will defend Taiwan when we cannot is absurd and it then forces China to invade for the very same reason McCarthy is saying they cannot tell him where to go. McCarthy is part of the uni-party where Democrats and Republicans will act ONLY in the self-interest of the government.

China has come out and declared that its people should be ready to invade Taiwan by 2027. The Air Force general told everyone to be prepared for war with China by 2025. Even just looking at the ECM from the start of Taiwan, this is the second wave of 51.6 years and the third wave peaked on January 13th, 2023 (2023.036). That was the week when China staged a massive drill against Taiwan which was three days after a US Navy destroyer transited the Taiwan Strait in a “freedom of navigation” operation which prompted the reaction from China.

All of this poking China only forces war. Just as McCarthy now views he must go since China told him not to, China will respond by invading or they will appear weak. This is like kids pretending to be tough in a schoolyard. The emotions are the same and it becomes a matter of pride.

Feb 5 2023

Video Footage of Military Shooting Down Chinese Surveillance Balloon


Posted originally on the CTH on February 5, 2023 | Sundance

Interesting video capture appears to show the moment the U.S. military hit the Chinese surveillance balloon with some type of detonation.

https://youtube.com/watch?v=EUm29FqhDhM%3Ffeature%3Doembed

3:15 P.M. EST – THE PRESIDENT:  On Wednesday, when I was briefed on the balloon, I ordered the Pentagon to shoot it down, on Wednesday, as soon as possible.  They decided — without doing damage to anyone on — on the ground.  They decided that the best time to do that was as it got over water, outside — within our — within the 12-mile limit.

They successfully took it down.  And I want to compliment our aviators who did it.  And we’ll have more to report on this a little later. 

Thank you.

Q    Mr. President, what does this say about China?  What’s your message to China?

Q    You were saying the recommendation from your — was from your national security —

THE PRESIDENT:  I told them to shoot it down.

Q    On Wednesday?

THE PRESIDENT:  On Wednesday.

Q    But the recommendation from them —

THE PRESIDENT:  They said to me, “Let’s wait till the safest place to do it.”

3:16 P.M. EST

Feb 5 2023

Biden Confirms U.S. Military Have Taken Down Chinese Surveillance Balloon – Details Forthcoming


Posted originally on the CTH on February 4, 2023 | Sundance 

Apparently, the Chinese surveillance airship has been taken out of commission inside the 12-mile range of U.S. territorial waters on the South Carolina Atlantic coast.

Delivering remarks to the press pool, Joe Biden confirmed the Chinese dirigible was taken down.   According to his statement, Biden ordered the airship to be shot down last Wednesday (lol sure), but the military advised him to wait until it crossed the U.S. and could be taken down over water.

https://youtube.com/watch?v=TyN4sMmmflo%3Ffeature%3Doembed

Several U.S. jet fighters were seen circling the coastline, and the FAA had shut down the airspace above the Atlantic near Myrtle Beach prior to the operation to remove or destroy the surveillance airship.

Feb 4 2023

General McMaster “BE READY FOR WAR WITH CHINA”, Covidians Start To Admit Unvaxxed Were The Winners


Posted originally on Rumble on Feb 1, 6:00 pm EST

China seems to be controlling the world right now as everything that is going on benefits them!

Feb 3 2023

China Floats High Altitude “Spy Balloon” Over U.S. Airspace


Posted originally on the conservative tree house on February 2, 2023

This is a little goofy, and likely another expression of the Beijing dragon doing the propaganda dance.  According to multiple media sources a high altitude “spy balloon” is drifting over U.S. airspace and the Pentagon has discussed options for shooting it down yet they didn’t.

It’s goofy because the balloon is floating well above commercial airline routes and, well, what could China capture via balloon that they are not already capturing via satellite surveillance.  It’s just odd.  {Direct Rumble Link}

I can understand not shooting it down – after all, that approach would likely then involve bits of the thing falling to the ground, which then would pose both a hazard and a need to collect all the debris.  It seems more like a Beijing propaganda effort than an actual risk to any U.S. military interests.

Tucker Carlson questions why the Pentagon decided not to shoot down the Chinese spy balloon.

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Washington DC – House Speaker Kevin McCarthy on Thursday night called for a briefing of the “Gang of Eight” — the group of lawmakers charged with reviewing the nation’s most sensitive intelligence information — following reports of a Chinese spy balloon flying over Montana.

“China’s brazen disregard for U.S. sovereignty is a destabilizing action that must be addressed, and President Biden cannot be silent,” McCarthy tweeted. “I am requesting a Gang of Eight briefing.” (read more)

Have no fear, the Pentagon is investigating with their best men, whoops – I mean people, or people-kind, or non-binary persons who are within what we previously called the U.S. military, or defense dept.  Whatever all that is now….

https://youtube.com/watch?v=oiUCBf3xQsI%3Ffeature%3Doembed