Ponce
31st October 2013, 09:44 AM
Class? tap tap tap.........your attention please......be sure that your kids learn Chinese.
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China Is Making Moves to Control ENERGY, BANKING, FOOD, REAL ESTATE, MANUFACTURING Globally And Preparing To Declare Financial War Against The US!
October 31st, 2013
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As we progress through the end game, it’s becoming obvious who will be running things when the dust settles. As the US is under a mountain of debt and is selling off land, infrastructure and it’s soul, China is buying. They’re buying fucking everything, land, businesses, gold, silver and more, on a global scale.
What will China buy? Beijing goes shopping in the U.S.
http://blogs.marketwatch.com/thetell/2013/10/28/what-will-china-buy-beijing-goes-shopping-in-u-s/
China is forecast to spend roughly $1 trillion over the next decade buying up foreign assets, including about $15 billion to $20 billion a year on U.S. investments, according to the Kiplinger Letter.
But what, exactly, are Chinese firms buying?
1) Energy: With China relying on imported energy…
2) Financial Services: Some Chinese interests may look for…
3) Food Production: Here, the main impetus is securing food supplies not tainted with…
4) Real Estate: While the appetite for U.S. property among individual Chinese investors is well known…
5) Manufacturing: This front involves China seeking “to hang on to work that is, in some cases…
Obama Lets Chinese Own U.S. Energy Resources
The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S.
The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a need to keep Beijing economically interested in lending to the U.S. The Obama administration has run $1-trillion-plus annual federal budget deficits since taking office that likely will continue in the second term.
Allowing China to have equity interests in U.S. energy production is a reversal of the Bush administration’s policy. In 2005, the Bush administration blocked China on grounds of national security from an $18.4 billion deal to purchase California-based Unocal Corp.
As WND reported Monday, Beijing has been developing a proposal in which real estate on American soil owned by China would be set up as “development zones” to establish Chinese-owned businesses and bring in its citizens to the U.S. to work.
China leased first oil rights in Texas
China’s first major move into the U.S. oil and natural gas market can be traced to October 2009, when the state-owned Chinese energy giant CNOOC bought a multi-million dollar stake in 600,000 acres of South Texas oil and gas fields.
…
China’s purchase of U.S. oil and natural gas rights will strike millions of Americans as paradoxical, since the U.S. continues to be a net importer of approximately 60 percent of the oil consumed in the U.S.
China’s oil interests
Along with CNOOC, which is 100-percent owned by the communist Chinese government, Sinopec Group also is purchasing energy interests in the U.S.
Sinopec Group is the largest shareholder of Sinopac Corporation, a state-owned investment company incorporated in 1998 largely to acquire and operate oil and natural gas interests worldwide.
The Wall Street Journal recently compileda state-by-state list of the $17 billion in oil and natural gas equity interests CNOOC and Sinopec have acquired in the U.S. and Canada since 2010.
Colorado: CNOOC gained a one-third stake in 800,000 acres in northeast Colorado and southwest Wyoming in a $1.27 billion pact with Chesapeake Energy Corporation.
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 interest 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 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.
The Wall Street Journal reported China’s strategy – implemented since 2010 by Fu Chengyu, who has served as chairman of both CNOOC and Sniopec – is to “seek minority stakes, play a passive role, and, in a nod to U.S. regulators, keep Chinese personnel at arm’s length from advanced U.S. technology.”
China moving into Gulf of Mexico
After a difficult political struggle, China received permission last month from the Canadian government to make its largest overseas acquisition of oil and natural gas interests outside China, acquiring Canadian energy producer Nexen Inc. for $15.5 billion. In the process, China acquired Nexen oil and natural gas operations in the Gulf of Mexico in U.S. waters.
…
In 2010, China passed the U.S. to become the world’s largest energy consumer, according to the International Energy Agency. China consumed 2.252 billion tons of oil equivalent in 2009, approximately 4 percent more than the U.S.
http://www.wnd.com/2013/01/obama-lets-chinese-own-u-s-energy-resources/
China Is Preparing To Declare Financial War Against The US
“The Fed’s balance sheet is now close to $4 trillion. What is going to happen if all of the sudden there is an interest rate shock? At some point, China can and probably will declare war on the US dollar and destroy it when they are ready. The way to begin that war would be to instigate an interest rate shock in the US.
If China were to shock the West by coming together with Japan, when the time is right, they could wreak havoc in the US bond market as well as the US dollar. The chaos of the Chinese declaring war on the dollar could quite possibly collapse the currency altogether.
As the West continues to hemorrhage what remaining gold it has left in its vaults to the East, this is setting the stage, when the time is right, for the Chinese to end the US dollar’s reign, and install the yuan as the dominant currency in the world. This is why the US is so desperately trying to set up trade agreements in Asia and elsewhere in the world in US dollars.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/30_China_Is_Preparing_To_Declare_Financial_War_Aga inst_The_US.html
JP Morgan Selling Building Housing World’s Largest Gold Vault…. TO CHINA
China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault
10/18/2013 13:54 -0400
China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault
In what is the most remarkable news of the day, which has so far passed very quietly under the radar, Fosun International, China’s largest private-owned conglomerate which invests in commodities, properties and pharmaceuticals also known as “Shanghai’s Hutchison Whampoa”, announced in a statement filed just as quietly with the Hong Kong stock exchange, that it had purchased JPM’s iconic former headquarters, the tower built by none other than David Rockefeller, at 1 Chase Manhattan Plaza for a measly $725 million.
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
Backlash: Saudi Arabia plans to ditch the USA, cut back on American oil exports, and will embrace China.
http://www.jpost.com/Middle-East/Saudi-spy-chief-says-Riyadh-to-shift-away-from-US-over-Syria-Iran-329423
China: Time to ditch the US dollar
China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist.
http://silentcrownews.com/wordpress/?p=2498
9 Signs That China Is Making A Move Against The U.S. Dollar
#1 Chinese credit rating agency Dagong has downgraded U.S. debtfrom A to A- and has indicated that further downgrades are possible.
#2 China has just entered into a very large currency swap agreement with the eurozone that is considered a huge step toward establishing the yuan as a major world currency. This agreement will result in a lot less U.S. dollars being used in trade between China and Europe…
The swap deal will allow more trade and investment between the regions to be conducted in euros and yuan, without having to convert into another currency such as the U.S. dollar first, said Kathleen Brooks, a research director at FOREX.com.
“It’s a way of promoting European and Chinese trade, but not doing it with the U.S. dollar,” said Brooks. “It’s a bit like cutting out the middleman, all of a sudden there’s potentially no U.S. dollar risk.”
#3 Back in June, China signed a major currency swap agreement with the United Kingdom. This was another very important step toward internationalizing the yuan.
#4 China currently owns about 1.3 trillion dollars of U.S. debt, and this enormous exposure to U.S. debt is starting to become a major political issue within China.
#5 Mei Xinyu, Commerce Minister adviser to the Chinese government,warned this week that if the U.S. government ever does default that China may decide to completely stop buying U.S. Treasury bonds.
#6 According to Yahoo News, China has already been looking for ways to diversify away from the U.S. dollar…
There have been media reports this week that China’s State Administration of Foreign Exchange, the body that handles the country’s $3.66 trillion of foreign exchange reserve, is looking to diversify into real estate investments in Europe.
#7 Xinhua, the official news agency of China, called for a “de-Americanized world” this week, and also made the following statement about the political turmoil in Washington: “The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations’ tremendous dollar assets in jeopardy and the international community highly agonized.”
#8 Xinhua also said the following about the U.S. debt deal on Thursday: “[P]oliticians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system”. The commentary in the government-run publication also declared that the debt deal “was no more than prolonging the fuse of the U.S. debt bomb one inch longer.”
#9 China is the largest producer of gold in the world, and it has also been importing an absolutely massive amount of gold from other nations. But instead of slowing down, the Chinese appear to be accelerating their gold buying. In fact, money manager Stephen Leeb says that his sources are telling him that China plans to buy another 5,000 tons of gold. There are many that are convinced that China eventually plans to back the yuan with gold and try to make it the number one alternative to the U.S. dollar.
http://theeconomiccollapseblog.com/archives/9-signs-that-china-is-making-a-move-against-the-u-s-dollar
Read more at http://investmentwatchblog.com/china-making-moves-to-control-energy-banking-food-real-estate-manufacturing-globally-and-is-preparing-to-declare-financial-war-against-the-us/#wOjSeXedayTXFiWd.99
================================================== ============
China Is Making Moves to Control ENERGY, BANKING, FOOD, REAL ESTATE, MANUFACTURING Globally And Preparing To Declare Financial War Against The US!
October 31st, 2013
Share6Tweet5Share0Share0
As we progress through the end game, it’s becoming obvious who will be running things when the dust settles. As the US is under a mountain of debt and is selling off land, infrastructure and it’s soul, China is buying. They’re buying fucking everything, land, businesses, gold, silver and more, on a global scale.
What will China buy? Beijing goes shopping in the U.S.
http://blogs.marketwatch.com/thetell/2013/10/28/what-will-china-buy-beijing-goes-shopping-in-u-s/
China is forecast to spend roughly $1 trillion over the next decade buying up foreign assets, including about $15 billion to $20 billion a year on U.S. investments, according to the Kiplinger Letter.
But what, exactly, are Chinese firms buying?
1) Energy: With China relying on imported energy…
2) Financial Services: Some Chinese interests may look for…
3) Food Production: Here, the main impetus is securing food supplies not tainted with…
4) Real Estate: While the appetite for U.S. property among individual Chinese investors is well known…
5) Manufacturing: This front involves China seeking “to hang on to work that is, in some cases…
Obama Lets Chinese Own U.S. Energy Resources
The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S.
The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a need to keep Beijing economically interested in lending to the U.S. The Obama administration has run $1-trillion-plus annual federal budget deficits since taking office that likely will continue in the second term.
Allowing China to have equity interests in U.S. energy production is a reversal of the Bush administration’s policy. In 2005, the Bush administration blocked China on grounds of national security from an $18.4 billion deal to purchase California-based Unocal Corp.
As WND reported Monday, Beijing has been developing a proposal in which real estate on American soil owned by China would be set up as “development zones” to establish Chinese-owned businesses and bring in its citizens to the U.S. to work.
China leased first oil rights in Texas
China’s first major move into the U.S. oil and natural gas market can be traced to October 2009, when the state-owned Chinese energy giant CNOOC bought a multi-million dollar stake in 600,000 acres of South Texas oil and gas fields.
…
China’s purchase of U.S. oil and natural gas rights will strike millions of Americans as paradoxical, since the U.S. continues to be a net importer of approximately 60 percent of the oil consumed in the U.S.
China’s oil interests
Along with CNOOC, which is 100-percent owned by the communist Chinese government, Sinopec Group also is purchasing energy interests in the U.S.
Sinopec Group is the largest shareholder of Sinopac Corporation, a state-owned investment company incorporated in 1998 largely to acquire and operate oil and natural gas interests worldwide.
The Wall Street Journal recently compileda state-by-state list of the $17 billion in oil and natural gas equity interests CNOOC and Sinopec have acquired in the U.S. and Canada since 2010.
Colorado: CNOOC gained a one-third stake in 800,000 acres in northeast Colorado and southwest Wyoming in a $1.27 billion pact with Chesapeake Energy Corporation.
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 interest 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 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.
The Wall Street Journal reported China’s strategy – implemented since 2010 by Fu Chengyu, who has served as chairman of both CNOOC and Sniopec – is to “seek minority stakes, play a passive role, and, in a nod to U.S. regulators, keep Chinese personnel at arm’s length from advanced U.S. technology.”
China moving into Gulf of Mexico
After a difficult political struggle, China received permission last month from the Canadian government to make its largest overseas acquisition of oil and natural gas interests outside China, acquiring Canadian energy producer Nexen Inc. for $15.5 billion. In the process, China acquired Nexen oil and natural gas operations in the Gulf of Mexico in U.S. waters.
…
In 2010, China passed the U.S. to become the world’s largest energy consumer, according to the International Energy Agency. China consumed 2.252 billion tons of oil equivalent in 2009, approximately 4 percent more than the U.S.
http://www.wnd.com/2013/01/obama-lets-chinese-own-u-s-energy-resources/
China Is Preparing To Declare Financial War Against The US
“The Fed’s balance sheet is now close to $4 trillion. What is going to happen if all of the sudden there is an interest rate shock? At some point, China can and probably will declare war on the US dollar and destroy it when they are ready. The way to begin that war would be to instigate an interest rate shock in the US.
If China were to shock the West by coming together with Japan, when the time is right, they could wreak havoc in the US bond market as well as the US dollar. The chaos of the Chinese declaring war on the dollar could quite possibly collapse the currency altogether.
As the West continues to hemorrhage what remaining gold it has left in its vaults to the East, this is setting the stage, when the time is right, for the Chinese to end the US dollar’s reign, and install the yuan as the dominant currency in the world. This is why the US is so desperately trying to set up trade agreements in Asia and elsewhere in the world in US dollars.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/30_China_Is_Preparing_To_Declare_Financial_War_Aga inst_The_US.html
JP Morgan Selling Building Housing World’s Largest Gold Vault…. TO CHINA
China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault
10/18/2013 13:54 -0400
China’s Largest Conglomerate Buys Building Housing JPMorgan’s Gold Vault
In what is the most remarkable news of the day, which has so far passed very quietly under the radar, Fosun International, China’s largest private-owned conglomerate which invests in commodities, properties and pharmaceuticals also known as “Shanghai’s Hutchison Whampoa”, announced in a statement filed just as quietly with the Hong Kong stock exchange, that it had purchased JPM’s iconic former headquarters, the tower built by none other than David Rockefeller, at 1 Chase Manhattan Plaza for a measly $725 million.
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
Backlash: Saudi Arabia plans to ditch the USA, cut back on American oil exports, and will embrace China.
http://www.jpost.com/Middle-East/Saudi-spy-chief-says-Riyadh-to-shift-away-from-US-over-Syria-Iran-329423
China: Time to ditch the US dollar
China should Reduce its Holdings of US Treasuries, Diversify its Reserves, “There are Alternatives to Investing in the US Dollar”, Chinese Economist.
http://silentcrownews.com/wordpress/?p=2498
9 Signs That China Is Making A Move Against The U.S. Dollar
#1 Chinese credit rating agency Dagong has downgraded U.S. debtfrom A to A- and has indicated that further downgrades are possible.
#2 China has just entered into a very large currency swap agreement with the eurozone that is considered a huge step toward establishing the yuan as a major world currency. This agreement will result in a lot less U.S. dollars being used in trade between China and Europe…
The swap deal will allow more trade and investment between the regions to be conducted in euros and yuan, without having to convert into another currency such as the U.S. dollar first, said Kathleen Brooks, a research director at FOREX.com.
“It’s a way of promoting European and Chinese trade, but not doing it with the U.S. dollar,” said Brooks. “It’s a bit like cutting out the middleman, all of a sudden there’s potentially no U.S. dollar risk.”
#3 Back in June, China signed a major currency swap agreement with the United Kingdom. This was another very important step toward internationalizing the yuan.
#4 China currently owns about 1.3 trillion dollars of U.S. debt, and this enormous exposure to U.S. debt is starting to become a major political issue within China.
#5 Mei Xinyu, Commerce Minister adviser to the Chinese government,warned this week that if the U.S. government ever does default that China may decide to completely stop buying U.S. Treasury bonds.
#6 According to Yahoo News, China has already been looking for ways to diversify away from the U.S. dollar…
There have been media reports this week that China’s State Administration of Foreign Exchange, the body that handles the country’s $3.66 trillion of foreign exchange reserve, is looking to diversify into real estate investments in Europe.
#7 Xinhua, the official news agency of China, called for a “de-Americanized world” this week, and also made the following statement about the political turmoil in Washington: “The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations’ tremendous dollar assets in jeopardy and the international community highly agonized.”
#8 Xinhua also said the following about the U.S. debt deal on Thursday: “[P]oliticians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system”. The commentary in the government-run publication also declared that the debt deal “was no more than prolonging the fuse of the U.S. debt bomb one inch longer.”
#9 China is the largest producer of gold in the world, and it has also been importing an absolutely massive amount of gold from other nations. But instead of slowing down, the Chinese appear to be accelerating their gold buying. In fact, money manager Stephen Leeb says that his sources are telling him that China plans to buy another 5,000 tons of gold. There are many that are convinced that China eventually plans to back the yuan with gold and try to make it the number one alternative to the U.S. dollar.
http://theeconomiccollapseblog.com/archives/9-signs-that-china-is-making-a-move-against-the-u-s-dollar
Read more at http://investmentwatchblog.com/china-making-moves-to-control-energy-banking-food-real-estate-manufacturing-globally-and-is-preparing-to-declare-financial-war-against-the-us/#wOjSeXedayTXFiWd.99