Digital Empire

Questions You Should be Asking the World Around You

The Trade War on China Began When Soros Lost Billions Betting Against Xi Jinping.

In June 2009, Soros was interviewed by China Central Television, where he gloated that he was rebuked by the Hong Kong government for attempting to undermine their currency.

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

Sometime near October 2009, Soros declared to the Financial Times that China should lead the New World Order.

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/

In November 2009, like a vulture to a cadaver, Soros swooped in on black leathern wings, and spent $126 mil on the China Minsheng Bank. The Minsheng directors had made the shares public in a bid to raise $4.1 bil.

“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

This was 2 months after Minsheng’s founder Jing Shuping died…

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.[1] Additionally, Jing opened China’s first law firm, consulting firm and accounting firm since the 1949 Chinese Revolution.[1]

https:// en .wikipedia .org/wiki/Jing_Shuping

Minsheng was one of the biggest banks in Hong Kong at the time. It was the first Chinese bank that was privately owned and not state owned.

https:// en .wikipedia .org/wiki/Minsheng_Banking_Corp

In 2012 Xi Jinping Ascended to the throne.

https:// en .wikipedia .org/wiki/Xi_Jinping

Xi Jinping’s main rival was Bo Xilai

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

The guy that Soros had wanted to win was Bo Xilai. (A post on some random forum called Defense dot PK. Oct 1 2012)

-Heywood, fluent in Mandarin Chinese and the reported handler of Bo Guagua, Bo’s 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.

-Heywood’s 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. Hakluyt’s 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 2010, money started vanishing

-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/

2011-2016

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.

April 2017. Minsheng’s Zhang Ying was caught selling counterfeit wealth products.

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/

January 2019. Soros tries to appeal to President Trump’s hardliners.

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

In January 2019, Minsheng Bank defaults.

-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.

January

-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.

June

-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

CCB

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

I’ll update this post as I learn more in the coming days. There’s too much information right now to process.

Advertisements

Thoughts, comments, suggestions? Feel free to leave a reply. You may need to sign in to Wordpress. Or you can leave your e-mail address. (Replies are moderated)

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Information

This entry was posted on 09/10/2019 by in Asia, NA and tagged , , , , .

Questions You Should be Asking the World Around You

Everything and nothing specific

See something you like?

Send a request, and I'll try and get you your own custom Digital Empire art.

Recent

September 2019
M T W T F S S
« Aug    
 1
2345678
9101112131415
16171819202122
23242526272829
30  
Follow Digital Empire on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 681 other followers

Fun Box

Dig in the box for music, fun, and inspiration!

Pene' pasta for the soul!

Behind every strong woman, are all the other women that came before!

Drug Addiction Advice

tips , tricks , free plr articles

SCRIPTEUM

Blog de escritura

Agha Hussain

Independant editorial contributor on Middle East affairs and Pakistani foreign policy

Snow Lush

Grow Flake By Flake

the shanolelinate blog

nature is our home and as such we must protect it and respect it now i wait for your point of view

The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com

The European Sting is Your democratic, independent and top quality political newspaper specialized in European Union News. Unique Features: iSting & Harry Sting

Daily Fact Check

The truth is more important than the facts.

Survival NEWS

Latest world news

Dining with Donald

Donald on dining in and out

dumbed-down

The dumbed-down version of our world today!

Help For All

Help For All Blog

Yuge Trump Economy!!

www.YugeTrumpEconomy.com

Gehad's Journey

gehadsjourney.wordpress.com

Practically Country

Country living in a practical way!

%d bloggers like this: