Expansionism by predatory loans

Expansionism by predatory loans.

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No. 1xx).

#expansionism, #predatory loan, #infra-structure, #small nation, #China, #loan leases, #Sri Lanka port,

Expansionism by predatory loans.

People in Western countries have seen with their own eyes the method of forcing sale of valuables of borrowers by predatory pay day lenders, short terms money lenders or underworld lenders. Basically the borrowers needing the money must use their valuables (watches, rings, antique items) as security to obtain short term loans from pay day lenders or money lenders or underworld lenders. The interest rate from these lenders are outrageously high (10% a week, or even 10% a day) such that the loan grows exponentially to the point that the borrowers cannot repay and have to lose their valuables.

This practice has now spread to inter-national dealings between nations. Some Western governments such as Australia has attempted to banish this practice inside their own nations between their citizens but there is no obvious way to banish the practice when it is done between governments on international level as a form of expansionism.

1. Predatory loans to countries having corrupt governments.

The lending nations lend money to the borrowing nations which are run by their own corrupt governments. When the borrower nations cannot repay, they have to cede their lands and seas to the lender nations.

The media as well as both the Australian Australia Foreign Minister Julie Bishop and the US secretary of States have revealed this practice at government levels [1-10].

It is terrible in that the borrowing nations borrow the money to build their infrastructure but most of the money are stolen by their corrupt officials through “kick backs” while only infra-structures of white elephant type are built. Finally the borrowing nations cannot repay the interests and has to cede their lands, seas to the lender nations.

2. Countries involved.

There are many borrower countries, most of them have opaque governments:

Sri Lanka has handed its port to China [11-12].

Vanuatu, Papua New Guinea [13-14].

The list goes on with small nations in China’s OBOR plan [15-16].

3. Conclusions:

People in the whole World should demand that:

a. The UN should require its members to have transparency in inter-national lending and development plans.

b. Auditing (by non-interested parties to those loans) is required on each loan for it to be legitimate as auditing is the only obvious way to help small countries from being devoured by shark lending practice.

c. Inter-government debts should NOT be recognized when it has no transparency and no independent auditing. Otherwise the debt burden will be placed on the people of small nations who had received little benefits from the loans.

References:

[1]. https://www.theatlantic.com/international/archive/2017/10/china-investments/543321/

[2]. https://www.reuters.com/article/us-usa-africa/africa-should-avoid-forfeiting-sovereignty-to-china-over-loans-tillerson-idUSKCN1GK114

[3]. https://www.smh.com.au/world/asia/world-bank-sounds-the-alarm-on-china-s-development-loans-and-trade-war-20180412-p4z98x.html

[4]. https://www.japantimes.co.jp/news/2018/06/18/business/china-seen-flexing-loan-muscle-pushes-farther-pacific-tentacles-reach-papua-new-guinea/#.Wyc9gGN9iUk

[5]. https://www.express.co.uk/finance/city/895670/china-developing-countries-loans-Sri-Lanka-Djibouti

[6]. https://www.straitstimes.com/asia/australianz/questions-over-beijings-rising-loans-to-pacific-nations

[7]. http://www.abc.net.au/news/2018-01-11/beijing-complains-about-attack-on-pacific-aid-programs/9319594

[8]. https://www.theguardian.com/australia-news/2018/jan/11/julie-bishop-in-balancing-act-after-colleague-criticises-chinas-pacific-aid

[9]. http://www.afr.com/news/politics/national/labor-to-counter-china-in-pacific-richard-marles-says-20180503-h0zkxf

[10]. https://economictimes.indiatimes.com/news/defence/a-scary-glimpse-into-how-chinas-obor-can-ruin-small-countries/articleshow/60173526.cms

[11]. https://www.nytimes.com/2017/12/12/world/asia/sri-lanka-china-port.html

[12]. https://www.ft.com/content/e150ef0c-de37-11e7-a8a4-0a1e63a52f9c

[13]. https://www.qt.com.au/news/how-china-is-exerting-its-power-in-vanuatu/3384953/

[14]. https://www.smh.com.au/politics/federal/lend-unsustainably-and-move-quickly-the-china-modus-operandi-20180410-p4z8tj.html

[15]. https://www.theaustralian.com.au/national-affairs/pacific-nations-drowning-in-chinese-debt/news-story/082de1ecc957c9c4380bb9cb8555fa95

[16]. http://www.abc.net.au/news/2017-02-12/australia-uneasy-over-chinese-investment-and-influence-in-png/8263384

Added after 2018 June 27:

[17]. https://thedefenstar.com/2018/06/27/how-china-got-sri-lanka-to-cough-up-hambantota-port/

[18]. https://www.nytimes.com/2016/03/21/world/australia/china-darwin-port-landbridge.html

[19]. https://thedefenstar.com/2018/07/31/pakistan-cant-use-imf-money-to-repay-chinese-debt-us/

[20]. https://straightlinelogic.com/2018/09/01/doug-casey-on-chinas-exploitation-of-africa/

[21]. https://ogaziestheory.wordpress.com/2018/09/10/china-to-take-over-zambian-international-airport-for-debt-repayment-default-neocolonialism-daily-rant-ghana-d-r-g/

[22]. http://mobile.abc.net.au/news/2018-07-31/australia-japan-us-alternative-to-china-belt-and-road-initiative/10055060?pfmredir=sm

[22b]. https://www.theaustralian.com.au/national-affairs/foreign-affairs/us-warns-on-chinas-debttrap-diplomacy/news-story/e0641c96d9ac95942be39fe33e9a116a

[22c]. https://www.businessinsider.com.au/how-china-censors-media-it-disagrees-with-australia-2018-6?r=US&IR=T

VANUATU

[23]. https://asiancorrespondent.com/2018/04/what-is-china-doing-in-vanuatu/

PAKISTAN AND FEW MORE

[24]. https://qz.com/1223768/china-debt-trap-these-eight-countries-are-in-danger-of-debt-overloads-from-chinas-belt-and-road-plans/

[25]. https://astutenews.com/2018/07/08/pakistans-financial-crisis-puts-chinas-belt-and-road-on-the-spot/

SRI LANKA

[26]. https://www.kaieteurnewsonline.com/2018/09/14/china-to-take-over-zambian-intl-airport-for-default-on-debt-repayment-chinese-already-own-60-shares-in-the-countrys-national-media/

ZAMBIA

[27]. https://www.africanexponent.com/post/9124-zambia-is-slowly-becoming-chinese-property-due-to-accumulating-debts

[28]. https://www.kaieteurnewsonline.com/2018/09/14/china-to-take-over-zambian-intl-airport-for-default-on-debt-repayment-chinese-already-own-60-shares-in-the-countrys-national-media/

ECUADOR 

[28b]. https://superforest.blog/2018/12/25/climate-hero-chinas-ecuadorian-earthquake-zone-dam-paid-for-by-amazonian-oil/

[28c]. https://wattsupwiththat.com/2018/12/25/climate-hero-chinas-ecuadorian-earthquake-zone-dam-paid-for-by-amazonian-oil/

[28d]. https://news.mongabay.com/2018/12/devastating-laos-dam-collapse-leads-to-deforestation-of-protected-forests/
MORE COUNTRIES with opaque deals, reports of large-scale corruption and mismanagement, doubts about project feasibility

[29]. https://foreignpolicy.com/2018/09/13/corruption-is-wasting-chinese-money-in-africa/

[30]. https://qz.com/1223768/china-debt-trap-these-eight-countries-are-in-danger-of-debt-overloads-from-chinas-belt-and-road-plans/

[31]. https://thisisafrica.me/africans-deserve-to-know-china-loans/

[32]. https://johnib.wordpress.com/2018/10/29/botched-chinese-railway-project-in-africa-is-a-warning-to-belt-and-road-investors/

[33]. https://www.businessinsider.com.au/chinas-debt-trap-diplomacy-hits-philippines-with-exorbitant-loans-2018-3?r=US&IR=T

 

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Understanding China’s perpetual wars against its neighbours.

Understanding China’s perpetual wars against its neighbours

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No.58).

#Chinese expansionism, #China, #expansion, #war, #US, #Japan.

This blog explains to Westerners the politics of East Asia which seems incomprehensible to them but not that incomprehensible to East Asians.

1. Origin of policy of Forever Expanding.

Since Han’s time (200+ BC), at his Coronation, every Emperor of China must swear to forever expand the territories of the Chinese Empire (in direct contrast to the pledge of non-aggression of Western Empires).

The Forever Expanding policy is called Silkworms Eating the Berry Leaves since the Qin Dynasty (preceding the Han Dynasty) (see reference [1]).

The vast area of current China is the result of such Forever Expanding policy starting from a Zhou dynasty (1046BC-256BC) with an area only comparable to Japan.

Zhou_dynasty_1000_BC Châu

Figure: The approximate territory of the Zhou dynasty in China. Drawn by Ian Kiu.The approximate territory of the Zhou dynasty in China. Drawn by Ian Kiu. Derived from China_map.png by Nat. https://en.wikipedia.org/wiki/Zhou_dynasty#/media/File:Zhou_dynasty_1000_BC.png Date 15 February 2011, Territories_of_Dynasties_in_China.gif: Albert Herrmann (1935). History and Commercial Atlas of China. Harvard University Press. from “The Chou Dynasty, 11th-9th Centuries B.C.” Author Territories_of_Dynasties_in_China.gif: Ian Kiu. This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.

The Zhou empire had two powerful nominally vassal states Chu and Qin (one of Qin’s successor kings usurped the Zhou’s last emperor to become Emperor Qin Shih Huang De).

Figure: China Map, Qin State, 260BCE https://en.wikipedia.org/wiki/Qin_(state)#/media/File:EN-QIN260BCE.jpg , Date 31 October 2010
Source Own work, Author Philg88, Licensing
Creative Commons attribution share alike. This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported, 2.5 Generic, 2.0 Generic and 1.0 Generic license.

Figure: Map of Three Kingdoms period of China, as of 262 A.D., Date1 1 August 2017, Author SY, file https://commons.wikimedia.org/wiki/File:Three_Kingdoms.png. File is licensed under the Creative Commons Attribution-Share Alike 4.0 International license.

Figure: Map of Song Dynasty 1141, By Ian Kiu, Based on a map in Albert Herrmann (1935). History and Commercial Atlas of China, Harvard University Press , file https://en.wikipedia.org/wiki/Jin%E2%80%93Song_Wars#/media/File:Sung_Dynasty_1141.png. This file is licensed under the Creative Commons Attribution 3.0 Unported license.

Figure: Map of Qing Dynasty China in 1765., File: https://upload.wikimedia.org/wikipedia/commons/9/9c/18_century_Qing_China.png . Date 1-8-2011 Source Originally from CIA, taken from commons. Author CIA (Background map) Derivate work: User:Soewinhan. This image is a work of a Central Intelligence Agency employee, taken or made as part of that person’s official duties. As a Work of the United States Government, this image or media is in the public domain in the United States.

Figure: Map of China on a Chinese glass Globe made around the year 2000.

2. Methods of upholding the pledge.

2a. The Chinese Emperor is expected to carry out overt aggression on any unprepared neighbour. No causis bellum is required. There is no place for Morality in Chinese Foreign Affairs policy: The winner is the Moral Authority! Winning the unprovoked war is the highest objective of “Chinese Morality (or Immorality?)”.

2b. If overt aggression has no chance to succeed, the Emperor has to subvert to weaken his neighbours with corruptions and unfair trade practices (economic sabotage and graftings are standard practice).

2c.The Chinese Emperor declares that he is the sole Son of Heaven and communicates all sovereign matters to Heaven. All neighbours have to communicate through him. He will abuse this role to aggravate internal wars on successions in neighbour countries. He will then use his “Representative Authority of Heaven” to stage occupation wars on neighbour countries under the pretext of upholding Heavenly Order.

The revered, 2000 years old manual “The Art of War” by Sun Tzu is always practiced by China. It considers military attacks, foreign affairs and trades as only different facets of one single thing. (This is not much different from the view by Clausewitz[3])

3. Application of the “Forever Expanding” policy.

Strategically China IS at perpetual war with every of its neighbours (including Russia) and distant powers (including USA). Technically, China try NOT to declare or be declared at war!

Its strategy is to wear down opponents psychologically with successive alternating cycles of military threats, propaganda, then trade wars and then offers of “mutual cooperations” until any one of its opponents is psychologically worn out, weakened enough for singling out, isolated and over-run with a surprise attack by its huge army. The strategy is more than 2000 years old but is still effective.

Its offer of “mutual cooperations” (such as currently to the Phillipines) is actually part of an attack plan, as it wears down the opponent with chaos and loss caused by continual reorientations.

Western leaders DON’T know that strategy but Japaneses and East Asians know it well. China is more worried about a half-armed Japan than about a fully armed US! (Those who cannot remember the past are condemned to repeat it._George Santayana).

References

[1]. Sima Qian, Records of History by the grand historian (translated by Burton Watson), Qin Dynasty, Han Dynasty I (Rev. Ed.) and Han Dynasty II (Rev. Ed.), the Res. Cent. for Transl. The Chinese Univ. of Hong Kong and Colubia Univ. Press, Hong Kong and New York, 1961.

[2]. Sun Tzu, The Art of War. First published in Chinese before 200BC.
[3]. Carl von Clausewitz, Principles of Wars, Translated by Hans W. Gatzke, The Military Service Publishing Company, 1942.
[4]. Clausewitz, On War, Translated by Colonel James John Graham N. Trübner, London, 1873. Original is Carl von Clausewitz, Vom Kriege, Dümmlers Verlag, Berlin, 1832.
[5]. Carl von Clausewitz, Principles of Wars, The Clausewitz home page, https://www.clausewitz.com/mobile/principlesofwar.htm
The following have been added after 09 May 2017.
[6]. chinese-ucsd-students-protest-unreasonable-dalai-lama-invite-paid-by-red china,
[7]. http://www.capoliticalreview.com/capoliticalnewsandviews/chinese-ucsd-students-protest-unreasonable-dalai-lama-invite-paid-by-red-china/
[8]. https://us-issues.com/2017/11/17/to-counter-china-india-pushes-east/
[9]. https://en.m.wikiquote.org/wiki/George_Santayana

[10]. https://en.m.wikipedia.org/wiki/Tarim_mummies

[11]. https://au.news.yahoo.com/world/a/38408261/china-island-expansion-moves-ahead-in-south-china-sea/

Added after 2017 December:

[12]. http://www.bbc.com/news/world-australia-42232178

[13]. https://en.wikipedia.org/wiki/Zhou_dynasty

[14]. https://kousdas.wordpress.com/2018/01/13/doesnt-india-vie-for-others-territories/

[15]. https://en.m.wikipedia.org/wiki/Seven_Military_Classics

[16]. http://mobile.abc.net.au/news/2018-04-20/south-china-sea-australian-warships-challenged-by-chinese/9677908

[17]. https://us-issues.com/2018/05/08/what-beijing-is-building-in-the-south-china-sea/

[18]. https://worldview.stratfor.com/article/what-beijing-building-south-china-sea?utm_campaign=B2C%20|%20Newsletter%20|%20050218%20|%20ChinaSea&utm_source=hs_email&utm_medium=email&utm_content=62596681&_hsenc=p2ANqtz-_v4RqK9rrPAUsqz1jHgPlvidsf4K6WBmEJQbx2jZFzTIouD4UfVgX9SyPZ9NH40PrDxCLyf2X7Prv41ZaZc3bLCLGBrswoH4eaZZq6G5cIOzflrI8&_hsmi=62596714

[19]. https://thedefenstar.com/2018/05/19/china-to-use-taiwan-as-a-nuclear-and-conventional-military-base-to-isolate-india-japan-us-lawmaker/

[20]. https://www.zerohedge.com/news/2018-07-22/fbi-cia-sound-alarm-over-china-cold-war-wray-says-most-significant-threat-facing-us

[21]. https://straightlinelogic.com/2018/09/01/doug-casey-on-chinas-exploitation-of-africa/

[22]. https://www.independent.co.uk/news/world/asia/china-uighur-muslims-re-education-camps-detention-xinjiang-a8515631.html

[23]. https://www.theguardian.com/news/2018/aug/07/why-uighur-muslims-across-china-are-living-in-fear

[24]. https://www.bbc.com/news/world-asia-china-26414014

[25]. https://www.theatlantic.com/international/archive/2018/08/china-pathologizing-uighur-muslims-mental-illness/568525/

[26]. https://www.bbc.com/news/world-asia-china-45364689

[27]. https://johnib.wordpress.com/2018/09/29/vietnam-taiwan-malaysia-and-the-philippines-struggle-to-understand-chinas-views-on-law-sovereignty/

[28]. https://wentworthreport.com/2018/10/23/swap-russia-for-china-and-were-again-at-war-its-just-a-cold-fact/

They were found by a Chinese team that was led by Professor Zhaoyu Zhu of the Chinese Academy of Sciences, and included Professor Robin Dennell of Exeter University. The tools were discovered at a locality called Shangchen in the southern Chinese Loess Plateau. The oldest are ca. 2.12 million years old, and are c. 270,000 years older than the 1.85 million year old skeletal remains and stone tools from Dmanisi, Georgia, which were previously the earliest evidence of humanity outside Africa.

[29]. https://scientificinquirer.com/2018/08/31/artifacts-found-in-china-revises-date-humans-arrived-in-asia/

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