Questions You Should be Asking the World Around You
Billionaire financier George Soros has praised the Hong Kong government for thwarting his attempts to undermine the local currency and stock market in 1998 but maintained he had every right to do so.
Mr Soros, criticised as being a predatory speculator whose highly profitable currency attacks in 1997 were blamed for destroying the Thai and Malaysian economies, credited the Hong Kong administration for intervening in the local stock and futures markets during the Asian financial crisis. But he remained unapologetic about his actions.
The financier made his comments to China Central Television while in Shanghai on Sunday to give a speech at Fudan University.
‘They actually did a very good job defending the Hong Kong dollar, so they deserve credit. And my attack, if you call it that, was without success.
https://www .scmp .com/article/683788/soros-praises-hk-blocking-his-dollar-attacks
In a recent interview with the Financial Times, Soros said that China hasn’t been pulling its weight in reorganizing the global economy after last year’s economic collapse, and the way to convince China to lead is to allow it to “own” the reorganization of the global financial system that is underway.
“You really need to bring China into the creation of a new world order, a financial world order,” Soros told FT. “They are kind of reluctant members of the IMF. They play along, but they don’t make much of a contribution because it’s not their institution. … They have to own it the same way as, let’s say, the United States owns the Washington consensus, the current order, and I think this would be a more stable one where you would have co-ordinated policies. I think the makings of it are already there because the G20, in agreeing to peer reviews, effectively is moving in that direction.”
-“I believe that basically the system is broken and needs to be reconstituted,”
-“So, you need a new currency system”
-Soros said that while the US received “great benefits” from having the US dollar as the default global currency, that time is now past because the US “abused” its currency’s power to create an imbalanced global trade system
https:// www .rawstory .com/2009/10/soros-china-world-order/
“China has discovered a remarkably efficient system of unleashing the creative, inquisitive and entrepreneurial activity of the people who are allowed to pursue their self-interests, while the state can cream off a significant portion of the surplus value of their labor by maintaining an undervalued currency and accumulating a trade surplus. So, China is likely to emerge as the big winner.” – Soros.
https://www .forbes .com/2009/11/13/soros-china-investments-markets-equity-billionaire.html
Jing founded Minsheng Bank in 1996. He resigned as chairman of the bank in 2006 citing declining health. However, he remained the honorary chairman of the bank following his retirement. Additionally, Jing opened China’s first law firm, consulting firm and accounting firm since the 1949 Chinese Revolution.
https:// en .wikipedia .org/wiki/Jing_Shuping
https:// en .wikipedia .org/wiki/Minsheng_Banking_Corp
https:// en .wikipedia .org/wiki/Xi_Jinping
Mr Zhang replaced Bo Xilai in March, as investigations into his case began.
Mr Bo is now facing trial on a raft of charges. His wife Gu Kailai was jailed in August for the murder of a British businessman.
Bo Xilai has been stripped of his officials positions and his immunity from prosecution in the wake of the scandal that engulfed his family.
His wife is in prison after admitting killing Neil Heywood, a British national with whom she is said to have had a business dispute.
https:// www .bbc .com/news/world-asia-china-20405494
-Heywood, fluent in Mandarin Chinese and the reported handler of Bo Guagua, Bos son, at the exclusive British Papplewich and Harrow boarding schools, as well as at Oxford University, was a consultant to Hakluyt & Company, Ltd., a secretive British private intelligence firm established in 1995 and linked to the Rothschilds.
-Heywoods association with Hakluyt points to other significant players in the attempt by the West and the global elites, including the Rothschilds, to place Bo in the Chinese presidency. Hakluyts co-founders are Christopher James, formerly an MI-6 agent, and Peter Cazalet, a former vice president of BP…
-Most Americans have probably never heard the name Paul Desmarais (more below). However, Desmarais is the Canadian tycoon who is said to front for the Rothschild family
-Desmarais is also a close friend and supporter of French President Nicolas Sarkozy, who scrapped the Gaullist policy of supporting sovereignty for French-speaking Quebec
-Desmarais is vehemently opposed to independence for Quebec
-Desmarais founded the Canada China Business Council and struck up a personal friendship with Bo while he was mayor of Dalien
-Desmarais has also reportedly been the power-behind-the-throne for at least five Canadian Prime Ministers: Pierre Trudeau…Stephen Harper
-the demotion of the Chinese Communist regional leader is a blow to Harper’s business outreach to China, which has included an offer for Alberta tar sands oil since the moratorium by the Obama administration on the Keystone pipeline project from Canada to Texas.
-Andre Desmarais, who is married to Chretien’s daughter France and owns Manulife Insurance and Cirque du Soleil, were keen to land power plant deals in China, with the assistance of Bo.
-Desmarais, who has been less-than-candid about his religious affiliation, is a strong influence on the Harper government’s strong support for the right-wing government of Israel. In fact, the “Marais” in “Desmarais” is the historically Jewish neighborhood of Paris. And Paul Desmarais is known to associate with the Jewish upper crust in Palm Beach, Florida, where he maintains one of his homes.
-Desmarais, the Rothschilds, and Soros has also feathered the nest of Bo’s son, Bo Guagua, who attended elite preparatory schools in the United Kingdom, as well as Oxford, a pre-requisite for what Desmarais and the Rothschilds hoped would be the beginning of a Bilderberg Group/Council on Foreign Relations stranglehold on China.
-Meanwhile, the Rothschilds and their network, including Soros, are livid about Bo’s ouster. It can be expected that the Soros non-govenrmental organization (NGO) global network will now try to foment a themed revolution in China, not one based on a “soft power” themed revolution using social networks, but one more prone to violence like the uprisings in Libya and Syria. The Rothschild/Soros clique wants to punish outgoing President Hu Jintao; Prime Minister Wen Jiabao; incoming President Xi Jinping; Bo’s chief rival, Guangdong party secretary Wang Yang; and Vice Premier Li Keqiang.
-In late 2010, Soros Fund Management established an office in Hong Kong after an initial multi-billion investment in the Hong Kong Stock Exchange-listed Minsheng Bank Ltd. and Longfor Property Group
-Minsheng was headed by Eddie Wang, former head of the China branch of HSBC who reputedly maintained close links with Britain’s MI-6. Wang was forced out of Minsheng last year after the bank experienced unexplained disappearances of its funds.
-Wu Yajun (“Madam Wu”), who is reportedly the world’s wealthiest woman and is a member of the National People’s Congress, was forced out as the general director of Longfor.
-Soros NGOs are also active among Wang’s fellow Chinese-Mongols, especially in Inner Mongolia, the scene of recent social unrest.
-Bo would have been expected to dismantle the state apparatus of the People’s Republic of China and sell off Chinese state enterprises to Western investors like Soros and the Rothschilds.
-Wang’s attempt to seek asylum in the U.S. consulate general in Chengdu has exposed the Soros/CIA plans and Bo’s candidacy for the Politburo has been nixed.
https:// defence .pk/pdf/threads/bo-xilai-corruption-or-treason-rothchild-soros-connection.210595/
Maidan Coup. Syria civil war. There’s an unsurprising absence of Soros related news items during these years connecting to China. Soros was caught meddling in Ukraine during 2011 to 2015. Soros was also caught trafficking Syrian refugees in 2014 to 2016. These two theaters of war were obviously way more than his organization could handle.
Ms Zhang Ying, head of China Minsheng’s Hangtianqiao branch in Beijing, is alleged to have defrauded over 150 of its high net-worth private banking clients of as much as 3 billion yuan (approx. USD$440 million) by means of counterfeit wealth management products that were subsequently discovered by Minsheng itself to be counterfeits with phony serial numbers.
http:// www .chinabankingnews .com/2017/04/20/new-details-china-minsheng-fake-wealth-product-scandal/
He pointed out that China is not the only authoritarian regime in the world, but he noted that it’s the most developed in machine learning and artificial intelligence.
“This makes Xi Jinping the most dangerous opponent of those who believe in the concept of open society,” Soros said.
https:// finance .yahoo .com/news/george-soros-china-xi-jinping-is-the-most-dangerous-opponent-to-open-society-210732544.html
-China Minsheng Investment Group’s offshore unit said in a filing that it won’t be able to repay the principal, as well as the interest on the 3.8 per cent US$500 million bond due August, after considering its liquidity and performance.
-CMIG’s debt repayment difficulties first came to the fore earlier this year after it missed payment on a yuan bond. Since then it has managed to repay some of its local bonds with a delay.
-China Construction Bank repaid a US$300 million bond on company’s behalf as the notes were backed by a standby letter of credit from the lender
https://www .scmp .com/business/companies/article/3019314/china-minsheng-investment-says-it-cannot-repay-principal-and
China Construction Bank Corporation (CCB) is one of the “big four” banks in the People’s Republic of China. In 2015 CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world
https:// en .wikipedia .org/wiki/China_Construction_Bank
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