We are at war with China.
War is not what we think it is, never what we’re told it is. To say the least, warfare has changed.
Real war now comes beautifully gift-wrapped from our economic and biological competitors — always with a card attached.
A card attached, in the language of real war, to hide the real costs.
“China orders pay cuts for SOEs executives”
[Xinhua link -- August 29, 2014]
- “Deepening the reform of the payment system for executives of major SOEs is an important part of China’s efforts to establish a modern corporate system and push forward the reform of the income distribution system,” said a statement released after the meeting.
- Reform of the payment system for executives of major SOEs should proceed in light of the basic reality that China is still in the primary stage of socialism, it said.
- These SOEs [state-owned enterprises] are considered the backbone of the economy, but their inefficiency, monopolies in some sectors, unchecked spending and corruption have become a source of public complaints.
- Statistics showed the average annual salary of executives at centrally administered SOEs ranged from 650,000 (105,691 U.S. dollars) to 700,000 yuan in 2010 and 2011.
“Foxconn plant to employ 20,000″
[China Daily link -- August 30, 2014]
- Technology giant Foxconn’s plant in Shanxi province has launched a massive recruitment drive for an additional 20,000 workers to meet orders for next-generation smartphones.
- Foxconn recruiters have been distributing leaflets to attract migrant workers at railway terminals in labor-rich inland provinces.
- Apple is set to unveil the iPhone 6 on Sept 9, and industry insiders believe Foxconn’s plants on the mainland will need to recruit more than 100,000 workers this year to keep up with the demand.
- The HR executive said that although Foxconn is eager to use robots in place of workers, people are essential in many areas, such as quality testing and polishing.
“Xi urges innovation in ‘new military revolution'”
[Xinhua link -- August 30, 2014]
- “We should cast off the paradigm of mechanized warfare and embrace an approach to war featuring information technology. The principle of protecting traditional security interests should also be shifted to one for the country’s comprehensive security and strategic interests,” according to Xi.
“China ratifies Martyrs’ Day”
[Xinhua link -- August 31, 2014]
- The decision said Martyrs’ Day will be marked with events across the country on Sept. 30 every year. The move is aimed at “publicizing martyrs’ achievements and spirits, and cultivating patriotism, collectivism, and socialist moralities so as to consolidate the Chinese nation’s cohesiveness,” the top legislature said in the decision.
“China Voice: NPC decision a landmark in HK democratic development”
[Xinhua link -- August 31, 2014]
- The decision adopted by China’s legislature on Hong Kong’s electoral reform is a landmark in the region’s democratic development and will bear no disturbance in its implementation.
- Hong Kong residents are also expected to unite in achieving the goal of universal suffrage to elect a chief executive who loves the country and loves Hong Kong.
“Is This American Academe’s Most Shameful Moment?”
- Greatly compounding American academe’s discomfiture is that the Beijing government seems hell-bent on making the anniversary a high profile statement of the speed with which Chinese influence is spreading in Western intellectual life.
“U.S. trade in goods with China”
- Deficit, January 2014 – June 2014: -$155,216,900,000
Real enough for you?
Soon enough for you?
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1134] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.