States
People’s Republic of China

1088 articles


Apparently the year 2015 marks the beginning of the new IMF interior revolution. First the incorporation of the yuan into the SDR’s was approved, the reserve basket created in 1969 to serve as a supplement of member nations’ official reserves. And now, thanks to approval from the US Congress, the IMF will finally be able to implement the reform of the quotas representation system, China and other emerging countries will increase their power in decision-making, whilst European countries will lose relevance. However, it is still too early to conclude that this is a radical transformation of the correlation of forces inside the IMF: The United States will retain its powers of veto.

In spite of the fierce opposition of the US treasury Department, on November 30 the IMF finally approved the inclusion of the yuan in the Special Drawing Rights, the currency basket created in 1969 to complement the official reserves of the members of the multilateral organization. With this the Chinese currency will become, next October 1 (2016), part of the integrating fifth of the IMF basket. The financial influence of China on a world scale will continue to grow at high velocity: the weight of the yuan in the Special Drawing Rights will be greater in comparison with the Japanese yen and the pound sterling.

The Government of China promotes the internationalization of «the people’s currency» (‘renminbi’) through a policy of alliances that does not take ideological barriers into account. In a first moment the diplomatic forces of the yuan were concentrated in Pacific-Asia, but in a second moment, it became necessary to gain the support of the West. After the President Xi Jinping visited London, between the 19th and the 23rd of October, the bases of the «golden age» between China and the United Kingdom were established, with which both countries looked to push the yuan-ization of the world economy.

Mr. President,
Dear Colleagues,
Seventy years ago, the earlier generation of mankind fought heroically and secured the victory of the World Anti-Fascist War, closing a dark page in the annals of human history. That victory was hard won.
Seventy years ago, the earlier generation of mankind, with vision and foresight, established the United Nations. This universal and most representative and authoritative international organization has can°ied’ÿmankind’s hope for a new future and ushered in a (...)

After the devaluation of the yuan, the international financial markets started trembling. Washington accused Peking of taking advantage of the market. As China wants to incorporate the yuan into the Special Drawing Rights, it is inconvenient to prolong the devaluation. Furthermore, if a currency war broke out, China would risk increasing the economic and geopolitical tensions between countries in the Asian-Pacific region. That way, the United States would have more possibilities to disrupt regional co-operation initiatives and thereby undermine China’s rise as a world power.

Preface
The world today is undergoing unprecedented changes, and China is at a critical stage of reform and development. In their endeavor to realize the Chinese Dream of great national rejuvenation, the Chinese people aspire to join hands with the rest of the world to maintain peace, pursue development and share prosperity.
China’s destiny is vitally interrelated with that of the world as a whole. A prosperous and stable world would provide China with opportunities, while China’s peaceful (...)

The number of adepts of the Chinese currency is ever-growing in its process of internationalisation. After gaining support in Pacific Asia and Europe by installing clearing centres and permit the investment of financial assets denominated in yuan, now Canada, the United States’ long-time ally, breaks its resistance and is called upon to become the platform of «yuan-ization» on the American continent.

Preface
The world today is undergoing unprecedented changes, and China is at a critical stage of reform and development. In their endeavor to realize the Chinese Dream of great national rejuvenation, the Chinese people aspire to join hands with the rest of the world to maintain peace, pursue development and share prosperity.
China’s destiny is vitally interrelated with that of the world as a whole. A prosperous and stable world would provide China with opportunities, while China’s peaceful (...)
China’s defiance before the IMF
Incorporate the yuan into the Special Drawing Rightsby
Ariel Noyola Rodríguez

Despite US opposition, the global rise of the yuan has become unstoppable. In the light of IMF reunions, the Chinese government is now looking for a way to incorporate the yuan into the Special Drawing Rights, which is a crucial step in order to convert it into a global reserve currency.

The loans granted by China have changed into an instrument of foreign politics. At the same time these loans permit China to forge closer ties with fundamental allies and reduce the influence of financial institutions under the aegis of the United States in strategic areas.

The presence of Chinese jihadists in Syria has been ascertained since October 2012 . However, it has increased dramatically in the summer of 2014, leading to the emergence of a Chinese neighborhood in Rakka, the capital of the Islamic State.
Mainly ethnic Uighurs from Western China, the fighters often go through Cambodia and Indonesia and are ultimately picked up and transported to their destination with the help of Turkish intelligence services (MIT).
In recent months, several (...)

Confronted by the “Umbrella Revolution” (a definition made in the USA) the British government is said to be “highly concerned” that “fundamental rights and liberties” are guaranteed in Hong Kong.
On this subject, London can provide a tutorial.
In the nineteenth century, to penetrate China, the English had recourse to trade in opium which they bring from India, causing tremendous economic and social damage. When the Chinese Authorities confiscate and burn the opium stored at Canton, English (...)

While Western public opinion is fed information about the constitution of a purported international coalition to fight against the "Islamic Emirate", the latter changes shape discreetly. Its principal officers are no longer Arab, but Georgian and Chinese. For Thierry Meyssan, this mutation shows that NATO ultimately intends to use the "Islamic Emirate" in Russia and in China. Therefore, both countries must act now against the jihadists before they return to sow chaos in their countries of origin.

China’s Ministry of State Security (Guoanbu) and the Jordanian General Intelligence Department (GID) have concluded an exchange of information agreement on the presence of Chinese nationals in Syria and Iraq.
The Chinese authorities strongly suspect that the Turkish national security agency, Millî İstihbarat Teşkilatı (MIT), mobilizes Turkic Uighurs, gives them jihad training in Syria and Iraq, and sends them back to perpetrate attacks in (...)

The tactic of the United States to economically isolate Russia to prevent it from coming to the aid of the Ukrainian population has had the opposite effect to what was intended: it is pushing Moscow in the arms of Beijing, so that, in the long run, the Eastern European-Asian block which is gaining steam will surpass the power of Western countries.

Most popular