‘Bones Ground to Powder’: Xi Jinping Threatens Gruesome Death for Hong Kong, Taiwan
4:59
Chinese dictator Xi Jinping threatened anti-communist dissidents with a gruesome death in remarks Sunday during a visit to Nepal, warning that anyone defying China’s illegal territorial claims will have “their bodies smashed and bones ground to powder.”
Xi’s barbaric remarks follow the revelation that the Communist Party, under his orders, is razing ancient Uyghur cemeteries in western China and leaving sprawling empty lots full of broken shards of bones, the remains of those hastily exhumed in the process of destroying the graveyards.
Xi appeared to be directing his wrath towards “separatists” in Taiwan – a sovereign nation that Xi claims as a breakaway province – and Hong Kong, an autonomous region where Xi’s puppets have repeatedly attempted to break the law to impose Communist Party dogma.
The Agence-France Presse (AFP), whose reporters also personally witnessed the desecrated bone fields on Xinjiang, noted that Nepal is home to a significant Tibetan exile community, who Xi also appeared to threaten. The Tibetans, ethnically and religiously distinct from the Han Chinese, have attempted to liberate themselves from communism unsuccessfully for decades. Chen Quanguo, Xinjiang’s current top Communist Party official, moved there after brutally crushing Buddhist movements in Tibet.
“Anyone who attempts to split any region from China will perish, with their bodies smashed and bones ground to powder,” the Chinese Foreign Ministry quoted Xi as stating in Nepal, where he landed this weekend following a meeting with Indian Prime Minister Narendra Modi in Chennai. “Any external forces that support the splitting of China can only be regarded as delusional by the Chinese people.”
Prior to Xi arriving in India, Indian authorities arrested at least nine ethnic Tibetan exiles, some but not all confirmed as activists, to prevent them from freely speaking out against the abuses of the Chinese Communist Party.
Xinhua, the Chinese state news agency, modified Xi’s remarks to sound less violent.
“Anyone attempting separatist activities in any part of China will be crushed and any external force backing such attempts will be deemed by the Chinese people as pipe-dreaming,” Xinhua quoted Xi as saying.
The state propaganda agency emphasized Xi’s comments calling for deeper trade cooperation with Nepal. The article did not mention China’s Belt and Road Initiative (BRI), its global domination plan through predatory lending and infrastructure development, but Xi did reportedly mention projects that belong to the BRI, such as China’s proposal to “upgrade” Nepal’s highways and train systems and the “Trans-Himalayan Multi-Dimensional Connectivity Network.”
Xi’s threat to turn the bones of people seeking freedom into dust follow an alarming speech on the morbid anniversary of Communist Party rule in China on October 1.
“We must uphold the principles of ‘Peaceful Reunification’ and ‘One Country, Two Systems,’ maintain lasting prosperity and stability in Hong Kong and Macao, promote the peaceful development of cross-Strait relations, unite all Chinese sons and daughters, and continue to strive for the motherland’s complete reunification,” Xi said following his march in a parade featuring multiple gigantic floats featuring his likeness, eclipsing the image of Mao Zedong hanging above Tiananmen Square.
“One Country, Two Systems” is an agreement between China and Hong Kong that bans Hong Kong from seeking independence but bans China from imposing communism. Xi’s insistent attempts at violating the policy have triggered a wave of protests in the city that just entered its 20th week. Xi has called for Taiwan to allow itself to be annexed and governed like Hong Kong, an offer the sovereign nation has repeatedly rejected.
Xi’s call to “unite all Chinese sons and daughters” also included the imposition of his rule on ethnic Han Chinese people outside of “mainland China.” Chinese operatives have repeatedly used violence to silence dissent in free countries such as Australia and New Zealand and Xi has imposed himself using the military in the South China Sea, illegally squatting in territory belonging to Taiwan, Brunei, Vietnam, the Philippines, and Malaysia.
Taiwan’s President Tsai Ing-wen responded to Xi’s National Day speech during the celebrations honoring the establishing of a free Taiwan last week.
Taiwan’s President Tsai Ing-wen responded to Xi’s National Day speech during the celebrations honoring the establishing of a free Taiwan last week.
“We are witnessing China’s rise and expansion, as they challenge free, democratic values and the global order through a combination of authoritarianism, nationalism, and economic might,” Tsai said. “As the strategic forefront of the Indo-Pacific region, Taiwan has become the first line of defense for democratic values.”
“China is encroaching on us through their sharp power, but as a crucial member of the region, we know that Taiwan must fulfill its responsibilities to the international community. We will not act provocatively or rashly; rather, we will work with like-minded countries to ensure that the peaceful and stable cross-strait status quo is not unilaterally altered,” she added.
Protests continued against Xi in Hong Kong this weekend, undeterred by his threat to crush them. Protesters have made five demands of their government: the full withdrawal of a bill that would allow extradition to China; freedom for political prisoners; an independent investigation into police brutality; direct election of lawmakers; and an end to being called “rioters.” Hong Kong Chief Executive Carrie Lam promised to push the legislature to withdraw the extradition bill but has ignored the other demands. This month, she imposed a ban on face coverings in the region, as protesters often need gas masks to protect from the police’s use of tear gas to injure protesters.
Thousands took the streets on Saturday and Sunday wearing masks. Some, as protest leader Joshua Wong noted in a photo on Twitter, covered their faces with masks of Xi Jinping, directly challenging the head of the Party.
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There is also the fact that many of the companies listed on U.S. exchanges are in part owned by the Chinese government. If you think those companies are going to abide by findings of independent auditors when things don't go well, naïveté will not be your friend. See the attached link for lists of companies that have Chinese government ownership.
Think Twice before Buying Chinese Stocks
The Trump administration recently floated the idea of delisting Chinese stocks in the U.S. This was met with ridicule and hand-wringing not only from the usual political opponents, but also from mainstream business analysts.
Though delisting Chinese companies already listed on U.S. exchanges is problematic, there are good reasons besides being a bargaining chip in the trade dispute why the U.S. should be more stringent about any Chinese company listing on U.S. exchanges.
The Wall Street Journal in a recent editorial sums up the consensus view on Chinese companies:
One benefit of listing on U.S. exchanges is that it obliges foreign firms to meet American regulatory standards for disclosure to investors. The White House would not be protecting American investors by forcing Chinese companies to list on foreign stock exchanges where the rules are less rigorous.
The current situation is good for Chinese companies and the exchanges that collect nice fees. The large venture capital and hedge funds that own large pieces of Chinese companies (at pre-listed prices) also benefit from having a liquid market in their local currency. But for the average American investor, this is a great example of the connected class benefiting at the expense of the average investor.
The "disclosure" that the WSJ references is little more than window dressing. The NYSE rules (other exchanges are similar) for listing state very clearly (emphasis added):
Foreign Private IssuersListed companies that are foreign private issuers (as such term is defined in Rule 3b-4 under the Exchange Act) are permitted to follow home country practice in lieu of the provisions of this Section 303A, except that such companies are required to comply with the requirements of Sections 303A.06, 303A.11 and 303A.12(b) and (c).
And what are the other requirements in the above referenced to?
303A.06 Listed companies must have an audit committee that satisfies the requirements of Rule 10A-3 under the Exchange Act.
Rule 10A-3 was put into place in 2003 to help strengthen independent auditing. On the face, it sound good, but there is a glaring loophole:
Accordingly, an issuer either may have a separately designated audit committee composed of members of its board or, if it chooses to do so or if it fails to form a separate committee, the entire board of directors will constitute the audit committee. If the entire board constitutes the audit committee, the new SRO rules adopted under Exchange Act Rule 10A-3, including the independence requirements, will apply to the issuer's board as a whole[.]
In the U.S., many boards are no more than rubber stamps for the CEO. In China, it is not at all different. The aforementioned rule basically says the board can audit itself.
303A.11 Foreign private issuers must make their U.S. investors aware of the significant ways in which their corporate governance practices differ from those required of domestic companies under NYSE listing standards. However, foreign private issuers are not required to present a detailed, item-by-item analysis of these differences[.] [Emphasis added.]
303A 12 b and c are toothless notification requirements.
In December 2018, the Securities Exchange Commission (SEC) and Public Company Accountability Oversight Board (PCAOB) said, "A U.S. listing carries with it the assumption that U.S. rules and regulatory oversight apply." However, Chinese law requires that companies' books and records be kept within the country. It also restricts foreign audit work papers from being transferred outside China.
Another problem with Chinese companies listing on U.S. exchanges is that in many instances, the stock being offered has no ownership in the company. It is against Chinese law for foreigners to own strategic assets in the country. So in the case of Alibaba and other companies, investors actually own a stake in a Cayman Islands company that is under contract to receive profits from the Chinese parent but does not actually own any part of the company.
So good luck if you want to sue a Chinese company. You will need to file suit against a company based in the Caymans, who has a contract with a company in China, where there is no rule of law close to what we accustomed to in the U.S.
There is also the fact that many of the companies listed on U.S. exchanges are in part owned by the Chinese government. If you think those companies are going to abide by findings of independent auditors when things don't go well, naïveté will not be your friend. See the attached link for lists of companies that have Chinese government ownership.
In summary, at one time, it may have been a good idea to open up our exchanges to Chinese companies in the hope they would become more democratic or Western in their legal and political system. The last ten years should have disabused us of that notion. We do not need to have stock listings with companies from countries that do not adhere to U.S. law. Let's be clear-eyed about what we are confronting and not let the status quo become the norm.
FEINSTEIN HAS SPENT HER POLITICAL LIFE STALKING THE HALLS OF CONGRESS SNIFFING OUT DEALS THAT PUT HUNDREDS OF MILLIONS IN HER POCKETS.
Senator Who Employed Chinese Spy Endorses Joe Biden for President
A high-profile U.S. senator with professional and personal ties to China — including once employing one of its spies — is backing former Vice President Joe Biden amid mounting questions over his son’s business dealings with the communist regime.
FEINSTEIN HAS SPENT HER POLITICAL LIFE STALKING THE HALLS OF CONGRESS SNIFFING OUT DEALS THAT PUT HUNDREDS OF MILLIONS IN HER POCKETS.
SHE HAS AVOIDED PROSECUTION BY VOTING AGAINST ANY ETHICS BILLS AND HER HUSBAND, RICHARD BLUM'S HANDING OUT "CAMPAIGN CONTRIBUTION" BRIBES TO EVERY DEMOCRAT OUT THERE!
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IN THE November 2006 election, the voters demanded congressional ethics reform. And so, the newly appointed chairman of the Senate Rules Committee, Dianne Feinstein, D-Calif., is now duly in charge of regulating the ethical behavior of her colleagues. But for many years, Feinstein has been beset by her own ethical conflict of interest, say congressional ethics experts.
“All in all, it was an incredible victory for the Chinese government. Feinstein has done more for Red China than other any serving U.S. politician. “ Trevor Loudon
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” ---- Karen McQuillan AMERICAN THINKER.com
Senator Who Employed Chinese Spy Endorses Joe Biden for President
Win McNamee/Getty Images
9 Oct 20192,419
5:44
A high-profile U.S. senator with professional and personal ties to China — including once employing one of its spies — is backing former Vice President Joe Biden amid mounting questions over his son’s business dealings with the communist regime.
Sen. Dianne Feinstein (D-CA), a former chairwoman of the Senate Intelligence Committee, announced her endorsement of the former vice president on Tuesday, claiming to have witnessed Biden’s “fortitude” and leadership during their overlapping tenures in Congress.
I’ve worked closely with Vice President Biden and I’ve seen firsthand his legislative ability, his statesmanship, and most importantly his moral fortitud. During his time in Congress and in the White House, Joe Biden has been a tireless fighter for hard working American families.
The endorsement comes as Biden’s presidential campaign is besieged by scandal regarding the lucrative business dealings his youngest son, Hunter, had with foreign governments.
Only hours before Feinstein’s endorsement, the Chinese government announced it would not investigate how Hunter Biden ended up at the center of one its top private equity firms. The Chinese foreign ministry made the decision after President Donald Trump publicly called for a probe of Hunter Biden’s dealings with Bohai Harvest RST (BHR). In particular, Trump has noted that the circumstances surrounding BHR’s creation could have posed a conflict of interest for Joe Biden.
As Peter Schweizer, senior contributor at Breitbart News, revealed in his bestselling book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, Hunter Biden inked the multibillion-dollar deal that created BHR with a subsidiary of the state-owned Bank of China in 2013.
The timing of the lucrative deal has been brought into question as it came only 12 days after Hunter visited China with his father aboard Air Force Two. Officially, the then-vice president was visiting the country amid escalating tensions over islands in the South China Sea and decided to bring his granddaughter and son along. In a March 2018 interview with Breitbart News Tonight, however, Schweizer detailed the political machinations that preceded Hunter Biden’s $1.5 billion venture with China:
In December of 2013, Vice President Joe Biden flies to Asia for a trip, and the centerpiece for that trip is a visit to Beijing, China. To put this into context, in 2013, the Chinese have just exerted air rights over the South Pacific, the South China Sea. They basically have said, ‘If you want to fly in this area, you have to get Chinese approval. We are claiming sovereignty over this territory.’ Highly controversial in Japan, in the Philippines, and in other countries. Joe Biden is supposed to be going there to confront the Chinese. Well, he gets widely criticized on that trip for going soft on China. For basically not challenging them, and Japan and other countries are quite upset about this.
Since its creation, BHR has invested heavily in energy and defense projects across the globe. As of June, Hunter Biden was still involved with BHR, sitting on its board of directors and owning a minority stake of the fund estimated to be worth more than $430,000.
Such dealings at the center of politics and business, while perhaps not illegal, are not exclusive to the Biden family alone. As a few noted at the time of Feinstein’s endorsement, the senator and her husband have their own close ties to the communist country.
During her tenure as mayor of San Francisco in the late-1970s and early-1980s, Feinstein took advantage of the newly normalized diplomatic relations between the U.S. and China by establishing one of the first sister city partnership between San Francisco and Shanghai. Through that partnership, Feinstein led trade delegations to China in which she and her husband, Richard Blum, became acquainted with some of the country’s most prominent political leaders.
As the Federalist noted in August 2018, Feinstein and her husband leveraged those relationships to boost their own wealth. In 1986, Feinstein and Jiang Zemin — the then-mayor of Shanghai, who would later ascend to the presidency of the People’s Republic of China — “designated several corporate entities for fostering commercial relations.” One of those firms was Shanghai Pacific Partners, which employed Blum as a director. Blum reportedly had an interest of upwards of $500,000 in a project backed by Shanghai Pacific Partners.
After Feinstein was elected to the Senate in 1992, Blum continued profiting off their ties to China. A the same time, the freshman lawmaker was pitching herself as a “China hand” to colleagues, even once claiming “that in my last life maybe I was Chinese.” Through her seat on the Senate Foreign Relations Committee, Feinstein led the fight on a number of initiatives seen as being favorable to China, including granting the country permanent most-favored-nation trading status in 2000.
Despite Feinstein and her husband having a close relationship with Jiang, the Chinese government targeted the senator as part of its espionage operations. In the early 2000s, the Chinese Ministry of State Security (MSS) recruited a longtime employee of the senator to gather information about the inner workings of her congressional and district offices. Feinstein only learned of the staffer’s duplicity in 2013, after he’d already been on her payroll for more than 20 years.
“While this person, who was a liaison to the local Chinese community, was fired, charges were never filed against him,” Politico reported in 2018, speculating that because “the staffer was providing political intelligence and not classified information—making prosecution far more difficult.”
Apart from the convoluted history of the senator’s ties to China, the political timing of Feinstein’s endorsement also caught many off guard. The California Democrat, who hosted a fundraiser on Biden’s behalf last week alongside House Speaker Nancy Pelosi’s (D-CA) daughter, is only the most recent figure from the Democrat establishment to openly pledge support for the former vice president. Feinstein’s endorsement, however, was not totally expected, especially since her seamate, Sen. Kamala Harris (D-CA), is mounting a bid of her own for the Democrat nomination. In fact, earlier this year, Feinsten flirted with the notion of remaining neutral in the 2020 contest out of respect for Harris.
Compounding the political picture is that most polls show Biden no longer the favorite to win California, having fallen behind Sen. Elizabeth Warren (D-MA).
Feinstein, however, did not address any of that when endorsing the former vice president on Tuesday. Instead, the senator offered platitudes about Biden’s work to enhance gun control and how his campaign was a “fight to restore the soul of the nati
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