Category China

Currency Matters

If you control food, you control people. If you control oil, you control nations. If you control currency, you control the world. – Henry Kissinger Guarding The Old Order The above is a famous quotation that some believe underlies Kissinger’s geopolitical realism, from the standpoint of the oligarchs of financial capitalism whom he serves. Ownership […]

More on Harbin Unit 731

Many readers of this blog are asking an obvious question to the post, The Truth of Harbin Unit 731 – why is the truth of Japan’s war crimes coming out now? This is a very good question. NHK’s production of this documentary is highly highly unusual, and can only be done with very powerful backing […]

The Truth of Harbin Unit 731

“A documentary recently released by Japan’s public broadcaster NHK has triggered heated discussions and calls for reflection in Japanese society. The documentary, titled The Truth of Harbin Unit 731, reveals the crimes committed by Unit 731, a covert biological and chemical warfare research and development unit of the Imperial Japanese Army during World War II.” […]

China : A Middle Class Blockbuster

I forgot to mention in my post “Goldman Sachs Report and China’s New Financial Lifeforms” the phenomenal rise of China’s middle class: The 300-500 million emergent and rapidly-growing middle class is propelling new realities, including financial technology. It is a socio-economic blockbuster that will be felt throughout the world for a long time to come. […]

Goldman Sachs Report and China’s New Financial Lifeforms

Goldman Sachs Report Last week, Goldman Sachs issued the first of a series of research reports entitled “The Future Of Finance :The Rise Of China’s Financial Technology”. This first report analyses China’s electronic payment systems and technologies, characterizes them as the gateway to the future of the financial world. The exhibits in Goldman’s research note […]

War Between India and China?

All of a sudden, a military conflict is imminent between India and China. Three weeks ago, out of the blue, Indian troops crossed the Sikkim border and squatted 100 meters inside Chinese territory. They were held there by Chinese border troops. India declared that the 1890 border treaty between China and Sikkim, a formerly independent […]

Important Documentary Series on China

An important 10-part documentary series on China’s deepening of reform, 将改革进行到底, are being aired currently in China. Here are the first two episodes. They are in Chinese only(We will try to find ones with English subtitles…). http://www.dzwww.com/shandong/sdnews/201707/t20170718_16175950.htm http://heze.dzwww.com/shxw/201707/t20170719_16060512.htm These are essential for gaining an understanding of China’s recent developments and strategic plans under Xi Jingping […]

Will Trump Accidentally Lock Himself In a Bathroom Before Meeting Putin??

We can’t get anything passed him at this point   We start off the 2nd half of the year with a shortened trading week for the 4th of July holiday. On the economic front, we have Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls and Average Hourly Earnings. Non-Farm Payrolls & Unemployment Rate: Non-Farm Payrolls, the […]

Qatar and Beyond

*** In the Middle East, a friend of a friend can be an enemy, and an enemy of an enemy can also be an enemy. It is like an Opium Den in which every participant accuses others of breaking the law. *** A Powder Keg The showdown over Qatar triggered tension over two ongoing processes […]

Digital Transformation

The Background In Terms Of Big History The world is moving very rapidly in this generation. The digitization of data and its derivative phenonema have accelerated dramatically in the last five years. As the internet was being universalized, starting approximately twenty years ago, the digital revolution began to turn everything into data en masse, first […]

China-U.S. Trade: A Good Deal

Handing In Homework The first group of items agreed between the US and China on trade and economic matters were announced a few days ago. As part of the results under the 100-day pledge at the Xi-Trump summit on April 6 – 7, some of these items dramatically demonstrate the benefits of win-win cooperation. There […]

One Belt One Road (OBOR) Forum

As I predicted, the US has decided to send a delegation to the OBOR Forum in Beijing (May 14-16). A total of 29 heads-of-state will personally be in Beijing to attend the Forum. This is China’s official film relating to the OBOR Forum in Beijing. You should watch it to understand China’s world views and […]

China – The Greatest Ponzi Scheme in History?

A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” Certainly, some things to consider… Shadow-Banking Worldwide The situation depicted by Rickards is nothing new. Last month, RMB 30 billion of fake wealth management products (WMP)came to light, which brought up […]

Russian Move Regarding North Korea

Re-ignited Cold War At this point, as a result of the sequence of events in the past few years and other bizarre reasons, the US and Russia have re-ignited a Cold War. One of the characteristics of a Cold War is tic-for-tac actions, dirty tricks, and doing things that would foil or complicate matters for […]

Internet-Plus Phenomenon

Under China’s Internet+ initiative, the use of handphone for payment is becoming prevelant. They just swipe a 2-D barcode with their phones and it is done. I still mostly use the 11% cash payment method. It is nostalgic. Because most users in China prepay money into their Alipay or *WeChat accounts, Alibaba and *Tencent are […]

How China Works — Six Elements

“There is no best, only better.” – Xi Jingping A Grand Delusion I have lived in China for the most part of the past 15 years, during which it developed from a relatively poor country into what its government now officially calls “the early stage of a moderately prosperous society”. The rest of the world […]

Artificial Intelligence: From Qian Xuesen to Alibaba’s Jack Ma

Alibaba founder Jack Ma: AI will cause people ‘more pain than happiness’ Jack Ma has also said that humans only use 3% of their brain power, and science understands less than that about the brain. So to say that AI will surpass human potential is ludicrous. However, he would not mind if the super-processor enables […]

A New Normal

Rapid Changes In The World It is hard to believe that Xi Jingping and Donald Trump met as recently as April 6-7. The world has changed so much in the last couple of weeks that few could recognize it from what it was the week before the Xi-Trump meeting. Instead of a warming of US […]

Doublewood: One Belt One Road (OBOR)

One Belt One Road (“OBOR”) is the designation of China’s initiative in its foreign relations. It embodies China’s vision that peace in the world is best achieved through cooperative development, economic, social and cultural. Along the various routes that had represented the historical Silk Roads on land (the Belt)and the Maritime Route by sea(the Road), […]

Hitler’s Mein Kampf Back in Japanese Schools

Hitler’s autobiography ‘Mein Kampf’ joins Imperial Rescript’s return to classrooms… Actually, a lot has happened in Japan recently with the militarists dashing madly to bring Japan back to being a “normal nation”, meaning precisely what it was before it started the invasion of China (1937) and WWII. The push is led by Prime Minister Shinzo […]

Liberty Blitzkrieg

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. - Albert Camus

Hidden Forces

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

aceloewgold

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

Touch Stone Connect

News & Views (Independent Media!)