Category: Celebrating Communist China!

A neutral space for sharing the ongoing success of ‘New’ China as its society moves toward ‘Socialism’ and its people triumph and prosper like never before!

Japan Needs Correct Understanding of China: Chinese Ambassador! (30.4.2023)

Regarding the discharge plan of Fukushima nuclear wastewater into the sea, Wu said that the disposal of nuclear-contaminated water has a direct bearing on the global marine environment and human health and safety, and no one can make a conclusion as to how long the impact will last and how much harm it will bring.

China’s position on the issue is clear, that is, it firmly opposes Japan’s discharge plan of nuclear-contaminated water, he said, noting that the Japanese side should take the strong opposition at home and abroad seriously, honestly fulfill its international obligations and deal with the nuclear-contaminated water in the safest and most prudent way.

When asked about the Group of Seven (G7)’s recent accusations against China, Wu said the G7 has become a political tool of some countries to wantonly interfere in the internal affairs of other countries and suppress the development and progress of other countries.

The G7 does not represent the international community and their consensus is not a global consensus, the ambassador stressed.

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Xinhua Commentary: Seoul’s Blind Pro-U.S. Diplomacy Escalates Regional Tensions-Xinhua! (30.4.2023)

However, to the disappointment of South Korean entrepreneurs, Yoon seemed to have made little progress in persuading the United States to reduce the negative impact of the two acts on South Korean companies.

“With regard to the Inflation Reduction Act and the CHIPS and Science Act that were the core agenda (in the Yoon-Biden meeting), (Yoon) has not protected our industry and companies at all,” Lee Jae-myung, chairman of the main opposition Democratic Party, said at a party meeting on Friday.

Seoul’s blind pro-U.S. diplomacy even at the cost of its own national interests has fueled concerns among South Koreans.

“The worry is that (South Korea) is rushing into a situation where (the country) has to depend on the United States for everything,” Kyunghyang Shinmun newspaper said in an editorial on Thursday.

The editorial warned that South Korea was losing its diplomatic and security autonomy as it would be more difficult for Seoul to reject any demand from Washington.

“American Pie” only belongs to America; for others, it is nothing but pie in the sky.

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Chinese Gold Miners Memorial Garden Opens in New Zealand! (30.4.2023)

The project shows a deep-seated respect for the history of Ross and the early settlers, who included the Chinese gold miners of the 1860s, said Lash, who also expressed gratitude to the Chinese community for supporting the project.

“The memorial is dedicated to all those Chinese pioneers before us who made this place their home,” said Steven Wong, president of the New Zealand Chinese History and Culture Association and chairman of the Federation of the Chinese Association of New Zealand.

Wong said his great grandfather came to New Zealand with his brother during the gold mining period in the 1860s, and that his family’s stories reflect the history of the West Coast gold rush in New Zealand, which prompted the creation of Ross Township in 1865.

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Neo-Nazi Ukraine: The NOT So Strange Case of Shamil “The White!”! (25.4.2023)

And then we come to the elephant in room (no pun intended). Oddly, contrary to the reasoning of the ‘Track A Nazi Merc’ author – ‘Shamil’ might well be an Indian ‘Aryan’ (Sanskrit for ‘noble’) whilst simultaneously remaining ‘outside’ of the Hitlerite definition of the term (the former is thousands of years old whilst the latter only dates from the 1920s). The term ‘Aryan’ and ‘Arhat’, etc, are ancient Sanskrit and Pali terms found within Hinduism and Buddhism. Thousands of years ago, light-skinned outsiders migrated into North India – displacing the dark-skinned local inhabitants – pushing the toward the South (these people now form the ‘Dravidian’ population). Most of what is today considered ‘Indian’ culture derives from the ‘integration’ of these two bodies of cultural distinctiveness (including the ‘colour-based’ Caste-system which was supposedly ‘abolished’ in 1947 – but continues unabated to this day)

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Economic Watch: More Lenders Could be at Risk of Failure in US Banking Turmoil! (28.4.2023)

U.S. banking turmoil is not over yet, and it’s expected that a large-scale restructuring would take place in the U.S. banking sector, said Tianyang Wang, associate professor in the Department of Finance and Real Estate at Colorado State University.Many medium-sized and small banks won’t survive the loss of deposits and some of them have to be acquired by big banks at low prices, said Wang during a recent webinar.U.S. banks are paying more to hold on to deposits, setting aside more reserves for potential loan losses in the event of a potential recession, and are now more focused on building capital rather than returning it to shareholders in the form of dividends and buybacks, said a research note by Swiss banking giant UBS.The highly anticipated Q1 results from U.S. banks did not raise any new red flags about stresses in the banking system, largely putting to rest concerns about systemic risks, said the UBS.The UBS said it remains least preferred on financials stocks and continues to expect guidance and estimates to trend lower in the coming quarters as deposit pricing issues become more apparent and as the economy weakens.

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China: Ministry Condemns US ‘Repression’ Allegations! (28.4 .2023)

China consistently adheres to the principle of noninterference in internal affairs and strictly abides by international law, respecting the judicial sovereignty of all nations.

In contrast, the U.S. consistently abuses extraterritorial and long-arm jurisdiction to interfere in other countries’ internal affairs.

“Who is the ‘world police,’ and whose law enforcement personnel engage in various forms of interference and repression worldwide? The world can clearly see that the label of ‘transnational repression’ is most appropriate for the U.S. itself,” the statement said.

The ministry urged U.S. law enforcement to immediately stop these accusations and judicial prosecutions against Chinese officials and to recognize the serious harm caused by this frivolous litigation.

The ministry demands that the U.S. immediately take measures to eliminate the negative impact of its actions and cease any other provocative and confrontational behavior, returning to normal law enforcement cooperation as soon as possible.

If the U.S. continues going down the wrong path, China will undoubtedly take firm and resolute countermeasures, the ministry said.

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