Report: Apple Transferred Orders from Foxconn to Chinese Company to Boost $275B Deal with Communists
A recent report from The Information reveals that tech giant Apple is increasing its reliance on Chinese supply chain partners and appears set to replace Taiwanese supplier Foxconn with Chinese supplier Luxshare as its primary manufacturer. This news comes shortly after a report released earlier in December that Apple signed a $275 billion deal with the Chinese government in 2016 to invest in local companies. As part of the deal, Apple agreed to help Chinese firms build “the most advanced manufacturing technologies” and invest “many billions of dollars” in the country. The five-year agreement was designed to placate Chinese government officials who felt that Apple was failing to invest enough in the Chinese economy.
https://www.breitbart.com/tech/2021/12/31/report-apple-transferred-orders-from-foxconn-to-chinese-company-to-boost-275b-deal-with-communists/
See Also – Apple becomes first US company to reach $3tn valuation
https://www.theguardian.com/technology/2022/jan/03/apple-becomes-first-us-company-to-reach-3tn-valuation
‘Essentially traitors’: China has ‘thousands’ of U.S. professors on payroll
China’s Communist Party, the controlling power in the repressive nation, probably has “thousands” of American professors on its payroll, according to China expert Gordon Chang. He noted at the Gatestone Institute, where he is a distinguished senior fellow, the recent guilty verdicts on six felony counts against Charles Lieber, who is the former chair of Harvard’s Department of Chemistry and Chemical Biology.
https://www.wnd.com/2022/01/essentially-traitors-china-thousandsof-u-s-professors-payroll/
Xi’an: Cries for help and food in quarantined Chinese city
Some residents under lockdown in the Chinese city of Xi’an say they do not have enough food, even as officials insist there are adequate supplies. More than 13 million were ordered to stay at home last week as authorities sought to battle a Covid outbreak. But compared to other lockdowns globally, locals cannot go out even for essential reasons like buying food.
https://www.bbc.com/news/world-asia-china-59824916
See Also – Covid Quarantine Camps
https://twitter.com/songpinganq/status/1476809510883069953
China unveils plan to ‘take over’ Latin America
Chinese officials outlined their ambitions following a summit with the Community of Latin American and Caribbean States. This intergovernmental forum was launched in 2011 under the auspices of the late Venezuelan President Hugo Chavez, who wanted a venue to rival the Organization of American States and challenge U.S. influence in Latin America, and it now stands to furnish Chinese General Secretary Xi Jinping with a platform to gather a coalition of leftist and authoritarian leaders congenial to Beijing’s interests. “The Chinese Communist Party and government are actively looking to strengthen their ties throughout the Western Hemisphere, in particular with anti-American elements,” Florida Sen. Marco Rubio, a senior Senate Intelligence Select Committee Republican, said in a statement to the Washington Examiner. “Beijing is seeking to surpass the United States in every sector, and we must take this threat seriously.”
https://www.washingtonexaminer.com/restoring-america/patriotism-unity/defense-national-security/china-unveils-plan-to-take-over-latin-america
China hoards half of world grain reserve, prepares for ‘famine’
China has been stockpiling grain on behalf of its 1.4 billion people as it struggles with mismanagement of its agricultural industry and more farmers flee the country for life in the city increasing concern that famine could overtake the country. “China spent $98.1 billion importing food (beverages are not included) in 2020, up 4.6 times from a decade earlier, according to the General Administration of Customs of China,” reported news site Nikkei Asia. “In the January-September period of 2021, China imported more food than it had since at least 2016, which is as far back as comparable data goes.”
https://www.wnd.com/2022/01/china-hoards-half-world-grain-reserve-prepares-famine/
See Also – What is “Common Prosperity” and how will it change China and its relationship with the world?
https://www.atlanticcouncil.org/in-depth-research-reports/issue-brief/common-prosperity/
Putin and Xi plot their SWIFT escape – Russia and China’s announcement of an independent financial trading platform will free nations under US sanctions from western intrusion into their commercial activities
As Assistant to the President for Foreign Policy Yuri Ushakov succinctly explained, Putin and Xi agreed to create an “independent financial structure for trade operations that could not be influenced by other countries.” Diplomatic sources, off the record, confirmed the structure may be announced by a joint summit before the end of 2022. This is a stunning game-changer in more ways than one. It had been extensively discussed in previous bilaterals and in preparations for BRICS summits – mostly centered on increasing the share of yuan and rubles in Russia-China settlements, bypassing the US dollar, and opening new stock market options for Russian and Chinese investors.
https://thecradle.co/Article/columns/4857
China harvests masses of data on Western targets, documents show
These include a $320,000 Chinese state media software program that mines Twitter and Facebook to create a database of foreign journalists and academics; a $216,000 Beijing police intelligence program that analyzes Western chatter on Hong Kong and Taiwan; and a cybercenter in Xinjiang, home to most of China’s Uyghur population, that catalogues the mainly Muslim minority group’s language content abroad. “Now we can better understand the underground network of anti-China personnel,” said a Beijing-based analyst who works for a unit reporting to China’s Central Propaganda Department. The person, who spoke on the condition of anonymity to discuss their work, said they were once tasked with producing a data report on how negative content relating to Beijing’s senior leadership is spread on Twitter, including profiles of individual academics, politicians and journalists.
https://thebeltandnoose.com/china-harvests-masses-of-data-on-western-targets/
‘There is no money left’: Covid crisis leaves Sri Lanka on brink of bankruptcy
Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go bankrupt in 2022 as inflation rises to record levels, food prices rocket and its coffers run dry. The meltdown faced by the government, led by the strongman president Gotabaya Rajapaksa, is in part caused by the immediate impact of the Covid crisis and the loss of tourism but is compounded by high government spending and tax cuts eroding state revenues, vast debt repayments to China and foreign exchange reserves at their lowest levels in a decade. Inflation has meanwhile been spurred by the government printing money to pay off domestic loans and foreign bonds.
https://www.theguardian.com/world/2022/jan/02/covid-crisis-sri-lanka-bankruptcy-poverty-pandemic-food-prices
Uganda’s loss of international airport to China
The ongoing COVID-19 pandemic that originated in China in the late 2019 crippled countries worldwide with smaller and poor economies taking a big hit. Reduction in revenues and foreign aid has affected these countries’ spending and thus their ability to repay loans. Uganda is facing the biggest national crisis as it has been forced to surrender its only international airport to China for failing to pay back the loan it had taken in 2015. It had borrowed USD 207 million from the Export-Import Bank of China (Exim Bank). Now, the country is set to lose the strategic Entebbe International Airport to China, thus losing a vital component of its sovereignty. Uganda now joins the club of Sri Lanka, Malaysia, Maldives, who have been stuck in the “debt trap” created by “predatory” conditions of Chinese loans especially under the aegis of the Belt and Road Initiative. Pakistan, Thailand, Kenya, Sudan, Ethiopia, Laos and Cambodia are some other countries that are on the verge of suffering a similar fate over debt failure.
https://punchng.com/uganda-loss-of-international-airport-to-china/
