Agency will confiscate infant if entire family doesn’t get flu shots
Washington DSHS is giving the Tacoma family until February to comply.
A 90-year-old WWII veteran’s long fight with the VA
Trying to qualify for benefits he says he earned some 70 years ago.
Did Two Off-Duty BSO Deputies Shoot Up a Walgreens After Leaving a Strip Club?
Were two off-duty Broward deputies so excited after leaving a strip club, they just had to let one out of the chamber?
‘Boom-bust economy’: IMF praise of UK economic growth dismissed as inaccurate by experts
“Like all bubbles, this one will burst.”
UK And US Announce Joint Anti-Terror Plans
Announcement comes amid fears about the spread of terrorism.
Cops Find “Radioactive Device” in Car
Bomb squad called to scene.
Miami Cops Shoot Mugshots of Blacks for Target Practice
Adan Salazar | Snipers trained with photos of real people.
Miami Cops Shoot Mugshots of Blacks for Target Practice
Adan Salazar | Snipers trained with photos of real people.
Miami Cops Shoot Mugshots of Blacks for Target Practice
Adan Salazar | Snipers trained with photos of real people.
Manufactured Terrorism – U.S. Officials Claim Credit for Stopping Another Terror Attack Created by the FBI
The “war on terror” is the best thing to happen to power hungry politicians since a fire of questionable origin destroyed the Reichstag building in Berlin on February 27, 1933. Not only does the “war on terror” represent big business for shady crony capitalists, it…
Manufactured Terrorism – U.S. Officials Claim Credit for Stopping Another Terror Attack Created by the FBI
The “war on terror” is the best thing to happen to power hungry politicians since a fire of questionable origin destroyed the Reichstag building in Berlin on February 27, 1933. Not only does the “war on terror” represent big business for shady crony capitalists, it…
Government Researchers Say NSA Surveillance Will Continue Unabated
Government determined to finish building electronic panopticon
Miami Cops Shoot Mugshots of Blacks for Target Practice
Snipers trained with photos of real people.
“China Will Grow through Infrastructure & Silk Road”
Leading Chinese economists presented China’s revised economic policy to an unusual all-day meeting of the National Committee on U.S.-China Relations in New York City on Jan. 7. EIR correspondent William Jones reported from the meeting that despite frankly discussing the problems facing China confronting economic collapse in some important parts of the world, the economists were quite confident. China has continued to grow its economy at 8-9% annual rates for six years while the entire trans-Atlantic world was wallowing in collapse. “China will maintain a 7-8% growth,” former World Bank vice president Justin Lin said.
China has confronted, first, the descent of some of its leading export markets into long-term economic recession. And secondly, the need to control credit bubbles in China’s real estate and commodities sectors which have blown up during the extraordinary growth of the past decade.
How have they blown up? Within days after the economists spoke, a major real estate bankruptcy took place Jan. 12, of the Shenzhen-based Kaisa Group, defaulting on $500 million in debt. The debtors were a dozen Wall Street-London financial firms — featuring Black Rock Financial, Standard and Chartered Bank, Fidelity Investments, and Lion Global Investors, as the Wall Street Journal reported in “Kaisa Group Defaults on Offshore Debt” earlier this week. This “offshore debt” is endemic in the real estate and commodities bubbles.
Overcoming these problems, Lin said,
“We have to improve labor productivity. And this will require continued investment.”
He also indicated that there is a continued transition relocating labor-intensive industries to other Asian countries and replacing them with higher value production.
“China is a developing country, and we know that for developing countries and developed countries, if you want to have sustained growth for a long period of time, you need to have a continuous stream of technological innovation and also industrial upgrading…That is the only way to have sustainable long-term growth.”
This strategy has been successfully implemented in the rapid development of China’s high-speed rail systems, on which investment is huge: Five such new inter-city lines have opened within the past month.
The second method stressed was what the world now knows as the two Silk Roads and the Asian Infrastructure Investment Bank — also called in China “going abroad,” with high-speed railroads also quickly becoming the hallmark of Chinese high-tech export. Qin Xiao, chairman of the Boyuan Foundation, said China’s plan is investing $350 billion outside China in the next decade in manufacturing and infrastructure alone.
The article, “One Belt, One Road at the Center of China’s Reform Program” will give a full report in this week’s EIR.
“China Will Grow through Infrastructure & Silk Road”
Leading Chinese economists presented China’s revised economic policy to an unusual all-day meeting of the National Committee on U.S.-China Relations in New York City on Jan. 7. EIR correspondent William Jones reported from the meeting that despite frankly discussing the problems facing China confronting economic collapse in some important parts of the world, the economists were quite confident. China has continued to grow its economy at 8-9% annual rates for six years while the entire trans-Atlantic world was wallowing in collapse. “China will maintain a 7-8% growth,” former World Bank vice president Justin Lin said.
China has confronted, first, the descent of some of its leading export markets into long-term economic recession. And secondly, the need to control credit bubbles in China’s real estate and commodities sectors which have blown up during the extraordinary growth of the past decade.
How have they blown up? Within days after the economists spoke, a major real estate bankruptcy took place Jan. 12, of the Shenzhen-based Kaisa Group, defaulting on $500 million in debt. The debtors were a dozen Wall Street-London financial firms — featuring Black Rock Financial, Standard and Chartered Bank, Fidelity Investments, and Lion Global Investors, as the Wall Street Journal reported in “Kaisa Group Defaults on Offshore Debt” earlier this week. This “offshore debt” is endemic in the real estate and commodities bubbles.
Overcoming these problems, Lin said,
“We have to improve labor productivity. And this will require continued investment.”
He also indicated that there is a continued transition relocating labor-intensive industries to other Asian countries and replacing them with higher value production.
“China is a developing country, and we know that for developing countries and developed countries, if you want to have sustained growth for a long period of time, you need to have a continuous stream of technological innovation and also industrial upgrading…That is the only way to have sustainable long-term growth.”
This strategy has been successfully implemented in the rapid development of China’s high-speed rail systems, on which investment is huge: Five such new inter-city lines have opened within the past month.
The second method stressed was what the world now knows as the two Silk Roads and the Asian Infrastructure Investment Bank — also called in China “going abroad,” with high-speed railroads also quickly becoming the hallmark of Chinese high-tech export. Qin Xiao, chairman of the Boyuan Foundation, said China’s plan is investing $350 billion outside China in the next decade in manufacturing and infrastructure alone.
The article, “One Belt, One Road at the Center of China’s Reform Program” will give a full report in this week’s EIR.