Addressing the threat from investments that finance CCP military (2020)
federalregister.gov
federalregister.gov
Stealth War: How China Took Over While America's Elite Slept
Age of Ambition: Chasing Fortune, Truth, and Faith in the New China
There's other great resources out there too. But watch out, the rabbit hole goes pretty deep on this one..
The New China Challenge Stems from Beijing’s Old Ambitions
https://nationalinterest.org/feature/new-china-challenge-ste...
China has made it a goal to subdue Taiwan by 2049, one hundred years anniversary of PRC, which is rejected by the current President of Taiwan.
https://asia.nikkei.com/Editor-s-Picks/China-up-close/Taiwan...
And clearly China wants to do much more than incorporating Taiwan, given their more assertive foreign policies, both within the current international frameworks (United Nations, World Health Organization), and outside of those frameworks (Asian Infrastructure Investment Bank, Belt and Road Initiative).
For a very very brief overview of some goals announced by China (dominate production of key technologies by 2025, build a world-class military by 2035, be a superpower by 2049), see a short summary in Section 3 of the Introduction of this proposal:
https://www.atlanticcouncil.org/global-strategy-2021-an-alli...
Overall, the proposed strategy to counter China suggests working with other democracies to out-compete China in military and innovation, while cooperating with China on common interests (public health, climate change).
> the rabbit hole goes pretty deep on this one..
(In the rabbit hole right now. Eye opening. Would recommend.)
* https://www.bbc.com/news/world-asia-china-18091107
* https://www.scmp.com/week-asia/opinion/article/2095326/opini...
* https://www.theaustralian.com.au/commentary/china-is-very-li...
* https://www.stlouisfed.org/on-the-economy/2016/october/china...
* http://blogs.reuters.com/data-dive/2013/11/18/chinas-one-chi...
Another article supporting this statement, on Chinese demography [1][2]. You may find it interesting.
Personal take: As long as Xi is in power, China’s ambitions are unlikely to scale back (at least on the surface), for otherwise it would be his failures.
For example, after Xi set the goal to clear poverty in China by 2020, even after COVID, China did not give up on the goal, ignoring if achieving the goal on surface is sustainable:
https://www.nytimes.com/2020/12/31/world/asia/china-poverty-...
Who's saying that? The Biden-China things which seem to be being explored is a conspiracy theory, as in an unsubstantiated theory about an alleged conspiracy, but I don't think anyone is under the impression that the Chinese getting up to stuff is a conspiracy theory.
but this has been a long standing problem. It's something Trump can do that might slow China growing their military presence. We are talking about a country with very restrictive freedom of speech laws and who reeducate certain ethnic minorities.
I wonder if this will affect civilian supply chains as well? Will some governments and their corporate counterparts be forced to decide if they want to supply consumer goods or build their military instead?
I'm sure China could eventually create shell companies to move some resources, but it would slow down military growth. It would also be something Biden would be foolish to try and undo, because it would give the impression of special interests in China. After the Swalwell allegations, it would provide a good check.
https://en.wikipedia.org/wiki/Unrestricted_Warfare#External_...
Even though it's blindly obvious what their playbook would be if they could make their dreams come true?
This is a massive problem. SoftBank is CCP money.
HR2513
Illicit Cash Act
Equitable Act
All 3 of these facilitate sketchy securities investments from offshore entities.
My operating investment thesis:
I bought and HODL'd TSLA at $362 with as much margin as was allowed with this thesis.
Musk is an intellectually dishonest figure, but it doesn't matter, money matters.
Every time the CCP pumps the US asset class, it forces other central banks to print more via pump and dump cycles.
Each cycle is worth a lot in terms of transferring wealth to the CCP.
This number can be trillions at some point.
TSLA has onshore assets in China.
I'll be closely monitoring digitization of RMB/Yuan as well as China's trade surplus, if the trade surplus drops by a lot, then the CCP's thirst for USD will go up.
From a security standpoint, I've been told that the maritime industry is rife with gaping security holes. Still reading into it though.
> Each cycle is worth a lot in terms of transferring wealth to the CCP.
I don't understand at all what you are saying. Which asset class is the CCP buying? Why are central banks forced to print more? How does this transfer wealth to CCP?
In a similar vain, there’s a reason why the RMB is not a major contender to the dollar yet. It’s more strategic to gain an increasing percentage of world trade and influence, then “flip the switch” and request/require/demand RMB over dollars. Look at bond yields in China, they’re every fixed income managers dream. They have a positive, meaningful yield and are very safe.
> "The order, which takes effect Monday, bans Americans from trading the securities of dozens of Chinese companies... The order initially applied to 31 companies and has since grown to 35. Many are private firms with little connection to Wall Street, but a few have American depositary receipts listed on the NYSE. These include three large Chinese telecom carriers, as well as oil-and-gas driller Cnooc Ltd. , which was added to the blacklist in December."
Speculation: people are paying a lot of attention to what's happening at the White House right now. From some of the comments, there's also some misunderstanding of when this happened, and may think it's something the administration is trying to get in under the wire in the last 10 days (even though that's not the case).
To the tune of trillions of dollars, the CCP is funding the tyrannical American military that invaded Iraq, and killed hundreds of thousand of innocent civilians.
Those curious about this could read more about this here, which documented Obama's unrestricted drone warfare[1]:
[1]https://www.newyorker.com/magazine/2014/11/24/unblinking-sta...
HN readers should take care to not associate themselves or their companies with these moral outrages.
Congress should pass a law banning all Chinese investments in US treasuries. Or perhaps Trump could do another Executive Order before his impeachment.
I don't really see why they wouldn't be, where is the pro-china coalition in politics at the moment? On top of that, the idea that because Biden didn't go around saying "China!" in an amusing fashion doesn't mean he's best buddies with Xi Jinping.
People who stand to make money off of business with China will always win against people who don't stand to lose money by curtailing it. It's a matter of commitment.
What is the play with Biden and China? It makes no sense to any part of his base, and it just reeks of koolaid-drinking.
> What is the play with Biden and China?
There's nothing underhanded going on between Biden and China, at least not in my mind. But Biden campaigned on returning to the status quo, meaning little action on China. They're implementing these EOs now because they think he won't undo them, but he won't pass them either if given the choice.
Attorney general of Delaware: https://www.aljazeera.com/news/2020/12/10/what-is-known-abou...
Family business associate: https://m.youtube.com/watch?v=v4NcaxJifxY&feature=youtu.be
Senate report: https://www.hsgac.senate.gov/imo/media/doc/HSGAC_Finance_Rep...
edit: you have provided a citation now - Tucker Carlson..., but is that it? So there's no evidence of any services being rendered, or anything even close to a smoking gun other than proof that Beau was the better Biden?
Top result for me https://www.snopes.com/news/2020/09/28/hunter-biden-senate-r...
Very loudly states The report presents no evidence of wrongdoing by Joe Biden, and omits testimony that exculpates him
However, obviously corruption is corruption.
Hunter has no useful skills, so what possible reason would the CCP even talk to him, let alone give him $1 billion, aside from influencing Joe?
Money. It lets them whitewash their investments; It's the system by which Theranos had all kinds of Randoms on the board.
https://www.politifact.com/article/2020/may/22/hunter-biden-...
The idea that they just gave him a billion dollars in his current account and said toodle-pip is literally just propaganda from the Trump campaign.
To put one thing to bed, he shouldn't have been in China in the first place, but the idea that Joe Biden is going to suddenly start doing China's bidding is ridiculous. What does he gain from doing it? The risk/reward is terrible.
As with everything Trump accuses anyone of, it's just projection because he has been consistently criticized and threatened with litigations over his business dealings - https://www.vanityfair.com/news/2020/10/donald-trump-chinese... his companies have hundreds of millions in completely dark debt, secret bank accounts in china etc. If you read the art of the deal, it's his entire MO - trust no-one, always attack when attacked and so on and so forth. That's why he said "No puppet, no puppet, you're the puppet" in the debate rather than actually contesting the argument.
The idea that Biden will take a hard line on China is equally ridiculous. He's been in the federal government since before Mao died. If he was going to take a hard line on China he had decades to do it and never did.
As I've said elsewhere, politicians can be remarkably flexible. Ignoring that there is no realpolitik for him to have been hard on china while the country was liberalizing, close to 90% of Republicans and a supermajority of democrats thinks China is a strategic enemy of the US - you gain nothing from being soft on china in today's political climate.
You can actually find an archive dump of the laptop on the internet yourself (there’s emails, photos, etc).
I linked to the actual full senate report. See below:
https://www.hsgac.senate.gov/imo/media/doc/HSGAC_Finance_Rep...
Most of the videos about this have been scrubbed / are not searchable on Google or YouTube. DuckDuckGo will let you search some stuff.
The laptop doesn’t directly link Joe Biden. However, Joe Biden did use airforce two to fly himself and son to China. Shortly after Hunter closed a deal with China.
https://www.breitbart.com/politics/2020/06/29/secret-service...
Joe Biden’s brother James is also under investigation.
Brother: https://thefederalist.com/2020/12/22/while-the-spotlight-shi...
Straight from the office of Ministry of Truth.
Among them, Huawei - we all know - but This time Hikvision made the list as well. Frankly, I actually do support not buying Hikvision cameras or any other device that is cloud based that phones home your location and activity.
Read the order, it makes pretty clear points. Your conclusion could be made about any time period, if thats what you have already decided on, as if it can be a singular motivation.
When you reach a certain place in society you get to trade on material non-public information before the rest of the market, moving on.
This may affect supply chains for civilian supply chains, and then China's corops and government will have to make a choice: Keep contracts to make tons of consumer goods or continue to supply the military side.