This post first appeared on Truth to Power
Jazz and James flood the ballast tanks and dive deep into J leverage in China, from opium wars to Mao’s inner circle, and into the transition from communism to capitalism, how China has been compromised, by whom, and the kosher dialectic that’s been constructed to confuse everyone.
Transcript follows below.
(Backup audio in case YouTube decides this is something Americans shouldn't know about.)
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Transcript: the following is machine transcribed. There may be some errors.
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And now back to Fash The Nation, heard only on the TRS radio network. Hello and welcome to this special presentation. This is hour two, of course, of FTN 305 five, but it's a special topic that has been talked about.
We've talked about it in this program, obviously. And I'm sort of not in this holistic way that we're going to hear. What we did is we researched Jews in China. And this is, of course, a very important topic. And it relates to I mean, in understanding of this issue is essential to understanding the history of China hit China and its role in the 21st century and current relations u.s.-china relations, u.s.-israel relations today. And it's very important, under-covered, we believe. And so we hope in this in this hour to give you. Well, I say our going to be more than an hour, but this is some some new research here that I think is going to be very enlightening. And of course, the context for all of this now, the current context is the incitement of anger and rage from conservatives and Mink Portes, China. And this is, of course, an effort to get you angry at China, shift the blame for the inadequate coronavirus response away from the U.S.. And moreover, away from this new liberal finance capital driven system, they completely failed you. People have a need to feel like this is being done to them, scapegoat or isolate one entity as being responsible for this. This was done to you and you are feeling suffering. That is being that is more than you are. Then you should be feeling because of inaction and because of of a botched response.
It was done to you by this system that refused to act on the information that it had when it would have mattered to protect you. Now, regardless of coronavirus origins, we know that it arose out of China. Chinese authorities alerted the World Health Organization Organization in late December, and it took 33 days before Trump closed in name only the borders to China. Even then, dozens of flights allowed in 45 days to close off travel from Europe and companies that have been moving this critical manufacturing overseas for decades. This has been going on for a long time with no meaningful recourse from the U.S.. So this idea that China has as sprung a trap on us is is absolutely a diversion of your justified anger. They should be feeling towards this system. Now, we're gonna do is we're going to look back in history here and we're gonna start actually not in the 19th century, not in the 17th century. Gotta go all the way back to understand Jews and China all the way back to the 9th and 10th century. Now, at this time, this was the advent of global trade and 9th and 10th century Jewish merchants were some of the leaders in establishing routes of commerce from Spain, from Europe to China by land and sea.
And these people, European Jews, they left seaports in France, Italy, Spain, and they had three main routes into China. One was through Syria by land. One was by sea to India and China. And another through Eastern Europe by land. And along all of these routes, these Jewish traders established themselves and established a permanent presence there. And so these people became quickly became the monopoly interest in not only Europe's Europe's financial sector, but the glass trades, silk trade, wall trade, the die trade. And he dominated the import of spices from Asia into Europe. And this was that there was a debate in the Jewish community between whether or not this was what they should be doing, whether trading and being merchants was dirty. Some of the Talmudic Jews, which were essentially the Orthodox Jews of the time, viewed it as sort of something only fit for Gentiles. But then they realized jazz, how much money there was to be made. And sure enough, their perspective changed that a quick 180 and they got themselves involved and they brought with them new and novel financial innovations, including doing business based on credit and negotiable securities instead of gold. They would give you loans to buy your goods from them. What a nice new novel innovation.
And that is this. This is also, by the way, how the plague, which we talked about very early on in the coronavirus saga, how the plague got out of China and spread all of Europe. Do you think it was the bands of Chinese that came into Europe now as the Jews and all their junk that their ring back and forth? Not quite junk, actually, in Europe. They wanted a lot of things that that the Orient had. Yeah, that's that's not the only thing. Silk and porcelain. Those weren't the only things moving along those Jewish trade routes.
No disease and credit. Credit was was a new innovation that they launched around this time the 10th century. And the Romans had, you know, Roman and what became European law. They all have believed that debt was. Personal and that if you took out a loan from someone else, that that creditor could not sell that note of indebtedness. But tell me, Eunick law broke from this tradition. Talmudic law recognized impersonal credit arrangements and held that whoever held that note was was due payment. Right. So this was the 10th century back in the 10th century. They were inventing new ways of swapping securities and and. Wow. Sure enough, nothing has changed him in the thousand over a thousand years. And as an aside, if you listen to the Hamilton deep dive, you'll recall that Hamilton found himself at odds with some of the other founding fathers because of his plan to allow war profiteers to keep Revolutionary War vets bonds. Ellison on the same spiritual wavelength as these 10th century Jewish merchants now in the Ming and Qing dynasties.
Ching, I suppose this roughly between the fourteen hundreds in the early nineteen hundreds. China did attempt in various ways to crack down on foreign trade. They heavily restricted sea routes, they restricted coastal sediments. They tried to prevent foreign traders from coming into the country. But these Jews, these European Jews. They flagrantly violated these orders and they they cross these borders anyways because the European market just needs silk and porcelain, jazzer. What are we going to do without our silk and porcelain? And in return, the credit would be exchanged and silver would be traded.
And yes, so this this was the selling of the seeds for what would eventually become international debt finance capitalism back in the 9th and 10th centuries and all even beginning in the fourteen hundreds is when we have the first historical record, documented historical record of Jews establishing themselves as as emissaries in these big cosmopolitan cities along these key trade routes and setting up these essentially clearinghouses in all these cities. And you can look at the historical record and find the first record of Jewish settlement in China is is disputed. But most people agree it's between and 11, 27. China got their first synagogue in eleven sixty three. Now you'll hear if you if you start looking into Chinese Jews, you'll hear a lot about these people called the Kaifeng Jews. And this is sort of a misdirect because the Kaifeng Jews essentially became like the we was kangs that we was the real black Israelites. Right. These people that's sort of what they became. They existed as a as a minor sect that by the seventeen hundreds had intermarried with Han Chinese and and their community dissolved.
And Israel does not recognize these people as legitimate Jews. Haaretz actually talked to a guy named Jin, whose uncle Shlomo Jin went to the Israeli embassy in Beijing to request to immigrate to Israel. And embassy officials sort of laughed him off. They didn't want anything to hear about it. So he eventually had to come into Israel through through European third country. A safe third country is how he got into Israel. But yeah. So that's ah. The Jewish Hooke's have been in China since for over a thousand years, actually. And we see this becomes very important as we move into the into the 18th and 19th centuries. But what's really important here is not the Kaifeng Jews. That's sort of that's a red herring. What's really important to look at as a center of Jewish power in Asia, Asia, is Shanghai. And the British the British East India Company were involved in this as well. And Shanghai is regarded today as one of the greatest Jewish cities ever constructed. If you read the Jewish press, you might not know that. But yes, Shanghai became a center of Jewish power. The British East India Company began smuggling opium into China in the 1770s. And by 1790, they had increased their opium exports to three hundred thirty nine tons per year. But you hear the name British East India Company and you think it's those darn Anglos again, that the case. Is it just not? Not if you look at the leadership who made up the British East India Company.
Now, that is something that has been trotted out as something that the British were doing to the Chinese. It's really it's really just a lie, though. The British East India Company was financed by Joseph Salvador, actually, who is a Portuguese Spartech Jew. He was also the director of the company in the 1760s, really, when this started going full force. And then, of course, what happens 10 years later, it's like, oh, yeah, they start flooding China with opium, of course. So Salvador actually belong to the Portuguese Spartech Jewish Synagogue in London. He was the leader in the affairs of this Portuguese speaking community in London. There's a prominent businessman and financier. And in fact, he lobbied for the 1753 Jew bill to extend full citizenship and civil rights to Jews. 1759. He was elected a fellow of the Royal Society when King George, the third, ascended the throne of England. Salvador headed the seven man delegation that congratulated him on behalf of England's Jewish community. And then Salvador, of course, was also a pro hanah, Varian Freemason. This is where a lot of this Freemason stuff probably has some roots in the truth. With a lot of the people who are involved in it, maybe not today. It's a thing that people sort of cling to. And I think it's a valid criticism of the people who cling to the Freemasons as the scapegoat instead of the people who are members of it most frequently at this time. Salvador was also a great patron of the Jewish community, along with the D'Costa family. He sponsor transportation for 42 very poor Jews. I'm sure there were so poor to Georgia and 1733. And of course, given what we know about the American South, especially the prominence of Jewish communities in places like Savannah and Charleston, this is the focus of the slave trade. This is where they built a lot of the control in the south. And they they migrated from Savannah to Charleston after the Spanish attacked Georgia. And so this became a popular place.
Charleston, South Carolina, we're gonna hear more about it a little bit later. But from the 17 thirties onward, Charleston actually became the preferred destination for Spartak Jews in the south. And so since Salvador and Acosta, they brought they bought hundreds of thousands of acres in the 96 district in South Carolina in the seventeenth thirties, huge landowners, huge slave holders. Joseph's nephew actually was Francis Salvador, who came to South Carolina in 1773, who bought 7000 acres in this district and then joined up with the American Revolution. The court fighting for the Patriot Cause 1774. He was elected to the first provincial Congress. He was the first Jew to be elected to public office in the 13 colonies. And in August of 1776, he was killed in battle in South Carolina. He was the first Jew to be killed in the American Revolutionary War. So I go off on a little bit of a tangent here, but this is how so much of this is is interconnected. And we're gonna see why later.
And of course, as as you note here, the Chinese responded by banning the opium that was being pumped into their country again and again and again. I wonder, James, you think that they named the Jew or were they naming the Anglo? Really? Nobody. We may never know.
Yeah. Well, yeah, it's a we're certainly having a bad time with it either way.
And they they banned opium because this was not being legally imported. This was being smuggled into the country. They banned it actually four times on four separate occasions. Seventeen twenty nine seventeen ninety nine 1814. And again in 1831. But these Jewish traders who again had been building these trade routes into Asia since the ninth and tenth centuries, they were profited greatly from this. The largely Jewish British East India Company was profiting greatly from this. And they went from three hundred thirty nine tons per year of opium in 1790 to thirty five hundred tons per year by 1833. All the while the Chinese are doing are sort of throwing up their hands. What can we do about it? And eventually they just said, yeah, we're done with this. And they had their military forces raid the warehouses, begin blockading English ships, confiscating cargo, and a war followed. Right. The British declared war on the Chinese. And of course, this is probably the height of British naval power in the eighteen hundreds. And China's quickly forced to bend the knee. And as a result, China has to give up Hong Kong, give up the entire territory of Hong Kong and the surrounding islands and agree to five treaty ports. News reports it would be managed by the British in Canton, Ningbo Boost while Jumaane and Shanghai, Shanghai's very important 10 years later. Of course, they fight this again, right? The emperor. A new emperor takes the throne. He again gets fed up with the Chinese or with the with his importation of opium, and they seize a British smuggling ship and put the crew in slavery. This time, Britain and France come along and blockade Chinese cities and force yet another Chinese surrender terms. This time around, we're actually even more egregious. They demanded cheap Chinese labor both in the colonies and in Britain. This became essentially Chinese slave labour.
They demanded the legalisation of the opium trade and the opening of all Chinese ports, not just those five, all Chinese ports to British merchants and opium smugglers. But maybe most importantly, provision of this treaty was to grant foreign merchants the right to travel uninhibited within China, which was one of the concessions the Chinese were forced at gunpoint to make. So when we talk about kicking in markets around the world, this is a prime example of that. End. Yeah. You want to guess what happened? Jazz in the in the following years after the markets are kicked in? Well, beginning in the 1840s and 50s, a network of prominent Sephardic Jewish merchant families, the Cadburys, the hard dunes, the as roads and then the seams. The Abraham's, the gubbins and most importantly, the SAS soon's took root in the city.
The grubby the grubby hands, the grubby.
And they joined they became this occupying elite. They became the most powerful families in Shanghai. And they were small, but, of course, immensely powerful. They began financing these mansions, financing art exhibitions. They built essentially Shanghai's version of Vietnam, Vienna's rings. drama, which was completed in 1929. They are actually completed in 1929. Was this Sassoon Kathay Hotel? That's how these people became the elites of Shanghai. And most of what survives today in Shanghai is artifacts of Jewish Shanghai. And of course, they then led the the development of this industrial and not industrial, but the financial district, which is what Shanghai became today. And in the 1930s, they got more Jews. They received Nazi refugees. Shanghai's existing Jewish community became even more visible. Exploding in size to nearly 30000 strong. Now, the Japanese were occupying Shanghai at the time. Put them in camps here, lived in ghettos which were patrolled. There's a strict curfew. Food was rationed. You needed a pass to enter or leave. And, of course, some of these Jewish men intermarried with the Chinese women in Shanghai, Thailand.
It's like Mark Zuckerberg. Men.
Yeah, yeah, exactly. No, it's exactly right. And sure enough, you know, you see the U.S. military make liberating Shanghai one of their top priorities on the Asian front because of who was there. And this this was actually the first real exposure offers organized exposure of China to organized Jewry. And this kicked off what this phenomenon of Jew curiosity that many Chinese elites and intellectuals have because they they study these people. Right. They they're interested in these people in a way that is not vilo Semitic nor anti Semitic. And you'll see this and we'll get to this in terms of how how the Chinese study the Jews. But, you know, people like these Chinese nationalist Sun Yat Sen saying, quote, Jews were wealthy and talented. If we can make a favorable impression on them and obtain their support, it would be a great help to us. I know jazz is here. Is he interested in optics? Good optics?
Yeah, he really hasn't. Dad, this is just speaks like a Chinaman who just hasn't had a whole lot of experience with Jews. They're sort of like, oh, wow, look at this. Then they sort of have this scientific view of people. It's like we really haven't experienced much of this. All they know is that these merchant people came and made them wealthy. I mean, I guess they blame the British for the opium, don't really know much about them. Very limited information. But Sun Yat sen, I mean, it goes beyond that. He. He admired the Jewish people and Zionism. He also saw parallels. He also saw parallels like parallels in today's nationalism, a modern nationalism, quote unquote, nationalism. America first nationalism. He also saw parallels between the persecution of Jews and the domination of China by Western powers. He stated, though, their country was destroyed, the Jewish nation has existed to this day in the form of Zionism. One of the greatest movements of the present time, all lovers of democracy, cannot help but support wholeheartedly and welcome with enthusiasm the movement to restore your wonderful and historic nation, which has contributed so much to the civilization of the world and which rightly deserve an honorable place in the family of nations. Wow. Sounds like sounds like Steve King. Sounds like, you know, Donald Trump. I mean, this is the national Chinese nationalist, right?
This would have been me. This was radical for the time, right? Yes. This embrace of Zionist. Yeah. This is I mean, that's the thing is it doesn't sound that out of the ordinary when compared to today's politicians and leaders.
But at the time, people would be looking at this guy like, what are you talking about? But the important people were looking at him and and wholeheartedly agreeing. And of course, the the his faction there are these Chinese nationalists were U.S. allies in World War Two. They were? Yeah.
So another wave of 18000 Jews from Germany, Austria, Poland all came to Shanghai in the late thirties and early forties. There are several waves of these. Shanghai was an open city at that time, did not have any restrictions on immigration in some Chinese diplomats such as Ho Fang, Shan issued protective. Passports and the Japanese diplomat Shi Yoon Segarra issued transit feces with which refugees could go to Shanghai. After a short stay in Japan.
So and then in 1943, the Japanese army required these 18000 Jews to relocate to an area called Hung Coup today. Known as the hung coup district, where they lived in group homes called himy.
The total number of Jews who entered Shanghai during this period. This is listen to this. Total number of Jews who entered Shanghai during the pre and current World War 2 period equaled the total number of Jews who fled to Australia, Canada, India, New Zealand and South Africa combined. Wow. So they yeah, pretty incredible. So in general, in the period of 1845 to 1945, more than forty thousand Jews came to China to do business or in search of safe haven. Probably the former. Not much of the latter. Everywhere they go, it's about doing business. But but yeah, it looks like they were on the ascent, too. I mean, this is something you read and indestructible Jews, right?
Yeah. Though there's a book by a guy named Demond Max Dumont, who was a European born Jew who went on to become a top U.S. intelligence officer. Funny how how that route was was opened to him in World War Two. And he wrote this book called Indestructible Jews A History of the Jewish People. And it's interesting book. I mean, talk about like dense hubris, dense chutzpah, this guy. Right. I caution people reading this book from because this guy will tell you that like a Jew, you know, claiming credit for just about everything in the world that's ever been done. But, you know, so take it with a grain of salt. But he talks about at the time in this book was written in the 70s. By the way, so shortly after World War 2. It's interesting to read because the the Holocaust had not become this all informing piece of narrative that it shapes the dialectic. We weren't to that point yet, but he talks about the Jewish attitude towards the diaspora post-World War 2 and he writes, quote, For the Jews, World War 2 was a momentous turning point in the first act of world history. We saw the dispersed throughout one third of the world encompassed by Greco-Roman civilization. As the second act progressed, we saw them dispersed into the second third of the world, Europe and the Americas. post-World War 2, we see a third dispersion of the Jews. This time it is into the last third of the world Asia, Australia and Africa.
The Jews now have diaspora outlets in every continent in strategic positions for acting out the third act of our manifest destiny. And so they really wanted to get their get their hooks into to everywhere. They had not yet brought under the yoke at this point. And chiefly among them was Asia.
It was Asia. This is a place. This is the final frontier. And you're seeing it play out in real time. It's one of the reasons why there is saber rattling going on with China there. They've tried to crack that nut. They haven't quite gotten what they've wanted, but they've they've been there all along. The idea that Jews are non-existent in China and China is somehow this this pure government that exists just for the sake of the Chinese people and is is wildly national stance, socialist at the same time and is totally devoid of any sort of Jewish influence is just wrong. It's wrong. Where you talk about that right now, the Chinese civil war ended in 1949 and the P R C People's Republic of China merged. On the other side. And little known fact. Chairman Mao, his entire inner circle was full of Jews. So nineteen forty nine, you have this revolution in China and most of these 40000 thousand Jews and actually almost all Westerner's except for about one hundred remained of those hundred. These were Jews that were right around Mao's inner circle after World War Two. You had most of the Jews emigrating to Israel and the West. Few of them remained. Three prominent non-Chinese lived in China from the establishment of the PRC onward. Sidney SHAPIRO, Israel EPSTEIN, Ruth Weiss and a fourth, actually. And there are some more. But these are the prominent ones. Sidney Rittenberg, we're also going to talked about Dr.
Jacob Rosenfeld as well. And so this is a country of Jews who became part of Mao's inner circles. They're all dead now and some of them have died in the last 10 years. Some of them died in the late 90s, early arts. And they lived to be like ninety eight years old. These fucking people go on forever. But Sidney SHAPIRO, Ashkenazi Jew born in Brooklyn, became a Chinese lawyer, translator, actor and writer who lived in China from 1947 all the way up until 2014. He lived in Beijing for over half a century, and he was also a member of the Chinese People's Political Consultative Council, essentially like one of the highest advisory boards in the country. He also became a naturalized citizen in the PRC. It's like wow. Like acting in the interests of the Chinese. Right, bro? Like the just like let the Jew, like Jews and Chinese, essentially. He held citizenship in the PRC from 1963 up into the Cultural Revolution and then through the end of his life. And like I said, he was a member of this this political consulting consultative conference, which was a government assembly of the PRC, which provides a forum for input from non-communist political organizations. And based on the makeup of this panel, just Jews. But what's interesting is this guy was born in America. He served in the United States Army. And they sent him to the foreign language school in in San Francisco to learn Mandarin.
And then he developed connections with China during World War 2, I'm sure, with other Jews. And, you know, he he'd basically just decided to fuck the fuck right off as most rootless cosmopolitans would do, and go right to China as soon as the war was over and started helping with their revolution. And he was employed for 50 years by the ETH LP, which is the Foreign Languages Press. He was a translator of Chinese works of literature. So this guy was translating literature, probably sanitizing it is the more probably more accurate statement, but he would actually lash out at the United States for the regular criticisms of human rights. He said Democracy in America, which was won by the public through longtime struggle, started going downhill in the 20th century. It's because of you, though, right? In the states today, the intelligence agencies have got the power to tap citizens phone calls, inquire what books a person is borrowing from the library took. This guy spent too much in China. He's not read in on the plan. But he he was, you know, this this power for this guy to do translations pretty significant. I mean, he essentially controls everything coming in and out of China. I'm sure he was enlisted to translate things from English into Chinese as well. And as people know, translators have a powerful role, especially if they have nefarious motivations, as I'm sure Sidney SHAPIRO, totally, just totally pure.
Right. And especially if there is a very limited pool of translators to draw from. Right. And at the time, Chinese language like, you know, you look at schools today in America and in many schools will offer Chinese language programs. At the time, it was very rare. It was extremely rare. There were only a very small select few people that were capable of translating Mandarin and Cantonese into English and and back again.
And so if you have this guy in this. Position of power. You're right. He's holding an immense amount of power over both what the western perception of China and the Chinese perception of the West. And both of those perspectives, perceptions of Jews.
Then you have Israel EPSTEIN, who is a journalist who served as the Chinese government's head of international public relations. I mean, it's amazing, like as you hear this history unfold. I mean, you have to understand, there weren't other Westerner's. It's not like this is just one Jew on a panel of 100 different, like even Europeans. It's basically just Mao and the Jews. And this is another Ashkenazi Jew, this one born in Warsaw. His father had been imprisoned by authorities in czarist Russia for leading a labor uprising. So this guy totally just a not a revolutionary at all. His mother had been exiled to Siberia. Epstein's father was sent by his company to Japan after the outbreak of World War 1, when the German army approached Warsaw. His mother and EPSTEIN fled and joined him in Asia with his family experiencing anti-Jewish sentiment in several places. EPSTEIN came to China with his parents at the age of two and settled in tenjin. So he began to work in journalism. But of course he did. And then he ended up writing for the Peking and Changing Times.
And so this guy, he is he starts off as a journalist.
He worked for the Allied Labor News, published a book called The Unfinished Revolution in China in 1947. His book was enthusiastically reviewed by The New York Times. At that point, and in 1951, communist defector Elizabeth Bently testified in the U.S. Senate Internal Security Subcommittee, Israel.
Epstein had been a member of the Russian secret police for many years in China. So these people are Äls all spies, too. And I'm sort of getting a little bit ahead of myself here, but EPSTEIN was actually spent quite a bit of time in prison. So these guys were in Mao's inner circle, very close to Mao. And Deng Xiaoping advised the Chinese government how to polish its overseas image. But apparently this guy was thrown in prison for plotting against zaal and Lai. He was in prison in 1968. He was subjected to solitary confinement, then released in 1973. And they apologized to him and his privileges were restored. Just amazing. But one of the reasons why these people keep getting thrown in jail throughout this time is they were all spies. These are all this is all network of Jews working in China. And the whole purpose of them being there, of course, you know, it goes without saying is to make sure that these revolutions that took place in China did not start trending in a direction where they did not like, perhaps like Japan or perhaps like Germany. They want to make sure the type of communism that Mao is adopting and gets influenced by these westerner's, because to Mao, these people are Americans. He knows they're Jews, but he wants to make sure that, you know, you don't just end up going to pogroms. Right. Like try to keep this try to keep this stuff on track. But his prominence, this is back to Israel. EPSTEIN So his prominence in China was suggested by the annual talks. Mao had with him. Deng attended Mr Epstein's retirement reception in 1985.
And then on April 17th, the Chinese president Hu Jintao, visited him and presented him with special contributions to China. Even during his five years in prison, he remained loyal to the ideals of communism. But of course, he did. Israel EPSTEIN was elected as a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference in nineteen eighty three. So these people were elected to Chinese offices. They became citizens.
He was honored by Chinese political leaders Xu Enlai, Mao Zedong, Deng Xiaoping zings Amin and Hu Jintao. They had a ceremony for this guy when he died. You also had pull-up pull it. berro Standing committee members are honoring this guy. He's buried in the Babo Shan Cemetery for revolutionaries. So I haven't I haven't gotten a chance to watch this. But apparently in nineteen ninety five there is a documentary called Round Eyes in the Middle Kingdom. Round Eyes with tiny little hats is probably the more accurate title. That might be interesting to watch that. But yeah, I mean these are just two of the people so far and they're not even the most prominent ones.
No, they're not. And I think it's a very important point to make that these people were there to manage and steer this revolution into manage and steer and direct the Chinese Communist Party in this emergent state that was emerging out of it, similar to the Soviet Union. Right. And these these revolutions were not what Marx would have predicted going from like a capitalist society and then embracing. Communism, these were both coming straight out of like the agrarian era, the Soviet Union and China. And with that, you have a population that has not been inundated with propaganda. If a population that that can be very reactionary and they were very concerned about about these anti-elite sentiments and and, you know, brutality ensued and in many cases from being directed, you know, at Shanghai, at the at the elites that were taking up residents there or.
And they also viewed the. Yeah. They viewed this as something that could easily get out of hand. And they wanted to to ensure that it did not and that they did not have to refight a similar, you know, relitigated similar case as they did against Japan in Germany 10 years down the road.
It's like they're protecting their interests. It's like the you know, to borrow a Star Trek references, this is like the Jewish away team that gets put in place in China. Forty thousand of them disperse and. They also had Israel to go to. But they had to leave in away team there to make sure that everything was going to operate correctly, said Ruth Weiss, who is an Austrian born Ashkenazi Jew known as Wei Lu She in China.
These people even had Chinese names, just totally like shapeshifters. But she became a teacher at the Jewish school in Shanghai. But of course, there's a Jewish school in Shanghai. She took up a post at the radio division. She was a journalist. She was a member of the Communist Party of China. And she lived in Beijing until, I don't know, the Ott's or something.
And she died at age 97. She's just another one of these inner circle people. And it's kind of interesting. Like she's she's put in charge of the education you have. The other guy is in charge of translating the literature. You have a journalist who's writing it all the major newspapers. And then you have Sidney Rittenberg. This is the guy that they say is the Jew behind communist China. He's a Spartech Jew born in South Carolina. So it's funny about this is he's probably got some relationships with the very same Jews 200 years before that were flooding China with opiates, almost like they were greasing the skids for Sidney Rittenberg to be there. His family was very well entrenched in Charleston, South Carolina, politics. In fact, while attending school in Chapel Hill, he became a member of the Dialectic Society and the U.S. Communist Party. And then somehow ends up in China. It's like, wow, your family's been in South Carolina for generations, taking control of local politics and the sky just up and decides to go to China. Well, as he knew it was time mean communism. That was that was what was spreading on half of the planet. And it was one side of the kosher sandwich they were trying to grow. He worked closely with Mao Zedong. Judy Zhou Enlai and other leaders of the CCP during the revolution and was with these central communist leaders at Yanan. He interpreted Mao's messages for Harry Truman, President Harry Truman, who's a very huge, huge lover of Jews. He witnessed firsthand.
At what the upper levels of the CCP and he knew many of its leaders personally, he also was the guy who approved of crackdowns on dissidents.
Of course he did. It's just incredible. He worked for the Xinhua News Agency and Radio Peking during the first three decades of PRC history. He enjoyed remarkable intra influence in a country largely closed off to the outside world. His high profile profile came at a grave cost, though he was imprisoned twice and held in solitary confinement for a total of 16 years. Yeah. So this guy, he was also the first American citizen to join the CCP. They interviewed him before he died. And some interesting sort of anecdotal questions that were asked and then answered. So one of them was when did you first actually meet Chairman Mao? He said it was in 1946. He shows up in China and he is immediately taken to the weekly dance in the party headquarters building. He says when we open the door to go in, Mao is dancing in the middle of the floor. He saw me stop dancing and after shook his hand, after I shook his hand, he said, we'd like to welcome an American comrade to join our work. And he took me over to the side of the hall and sat me down in a chair and immediately said he wanted me. Wanted me to invite me to his place and spend a day or two just talking about America. So it's like it's like the guy just walks right in the door and is welcomed, you know, with no questions asked. It's just amazing how quickly this goes on. But these guys were untouchable. Just in case anybody wants to make the argument that these guys were obscure or on the side and really didn't affect them or were they were ignored. They asked the question, what were your Sirk or were the circumstances of your arrest in the 1940s? How did you run into trouble with Mao and how did Mao personally play a role in your arrest? Or was it someone beneath him? And he says, no, no, no. Nobody could have touched me or any other foreigner without the personal approval of Mao. Couldn't have been done. What happened was the story came out some years ago.
Stalin's foreign trade minister and one of his old Bolshevik allies, Anastas Mickey, an otherwise known as the Armenian rug salesman, made a secret trip to China in 1949, I think in January. Blah, blah, blah, blah, blah. This guy blames all this on Stalin. Of course. It's like no guy, like you're a Jew and they suspected you of fucking spying. And so they ask him, how long were you in prison at that time? He says, six years. The first was in total darkness. It was not good.
But yes, this they're good and that was good.
I was going to say, you know, it's hard to make the case that you were only in prison because of Stalin's personal intervention style Stalin, that cruel anti-Semite, when everyone else, all of your other contemporaries and co ethnics are being thrown in prison, too. Yeah, I think there's something something greater going on here.
Well, and then the political pressure mounts and he gets unlocked. So they ask him, what was it like to be released? How did that happen?
He says, well, one day the chief keeper unlocked my little cell and came in and said, come with me, someone wants to talk to you. So I went outside into the main prison corridor and he unlocked the door. I'd never seen open before and led me in. There was a man whom I later learned was the first leader of the Chinese version of the CIA, the state security ministry. At that time, he was the bureau chief at the Ministry of Public Security, which was internal anyway. They had a chair there. I sat down and I knew immediately something big was happening because you don't set down a counter revolutionary in a chair. He then issued a formal apology in the name of the central government. We were wrong. You are a good man. We mistreated you. We misunderstood you. We'll do everything possible to make it up to you. After that, we went through the process of picking jobs that I might want to do. I said, well, if you want to go back to America, we'll send you back and we'll give you enough money to start up whatever you want to do. You want to travel to Europe. We'll send you to Europe. You understand China. We'll give you a villa in the south. You don't even have to work.
What could have prompted this taking taking this guy at his word? Of course. Because he could be telling a very tall tale here about like how how, you know, ingratiating the Chinese were to him and how, you know, how this is how he should be treated by a foreign government. But I mean, I didn't let him out of jail. He did get put in there twice. And then, you know, it's pretty well documented that they that they apologized. And now these guys are treated like heroes. So in.
Right. They were treated like heroes. And they weren't just lined up against the wall. And this is this was during an era in China where if you were a counter-revolutionary, if you were an enemy of the state, you know, there would be no qualms about just killing you. Right. And so it's very revealing that these people were were kept in prison. It's almost like a recognition of the power that that they had. All right, and that's and that's and the desire for Mao to to tap into these people and to use them for his benefit.
Yeah. And they have statues of these people all over the place in China. You have Dr. Jacob Rosenfeld, who is a Marxist and Holocaust refugee who fled to Shanghai to start a medical school in China, which later became the backbone for their medical system. He came to the CCP and began in 1930s Vienna, where he was a well-to-do urologist with a clinic course. He comes to China and starts up a clinic for urology and gynecology. Like this guy was really just like really into looking at some Chinese snatch, apparently in setting up this whole thing. He set up this successful practice also in obstetrics in Shanghai soon after he arrived in 1939. Oh, absolutely. Yeah. The the whole thing. And so this is their Dr. Mengele like this is actually the Dr. Mengele. I'm sure we should start. Look, if he's a Chinese. Yes.
Look at these great innovations in abortion we've brought you from from Europe. Isn't this great?
Yeah. Yeah, absolutely. Well, he eventually made it back to Tel-Aviv, but he's just in one another one of these integral parts of this. But every year, the Chinese embassy in Israel pays tribute to the tomb of Dr. Rosenfeld in Tel Aviv. According to Chinese Ambassador Zong Yung, Jin tells the Times of Israel, by doing so, we want to reaffirm that the Chinese government and its people will never forget the friends who contributed to the founding and the development of the People's Republic. Dr. Rosenfeld is an outstanding example of our international friends, says Chinese ambassadors Don. He is a great doctor that saved many lives in China and a fearless soldier who devoted his life to the fighting of fascism.
Wow. Even David dedicated a hospital to this guy in this Udon County, very appropriately, Rosenfeld Hospital, where they have an exhibition hall dedicated to the deeds of international fighter Mr. Rosenfeld built in the 2000.
Yeah, there are a lot of them. There were a ton of them. There was also Hans Mueller, a German Jewish doctor, played a similar role to Rosenfeld as a field doctor for the 8th Route Army. The other major CCP Army group during World War Two in the Civil War. Unlike Rosenfeld, Mueller stayed in China and worked in various positions at hospitals and medical schools after the establishment of the PRC and until his death in 1994. These guys are honored by the Chinese. They are. They are. You know, these are the people who they looked up to the most. And it's it's kind of amazing that not only were they carved out. I mean, people have to understand, just to be in China as a non-Chinese person at this time was a really big deal. These people became citizens.
They got elected on to Politburo committees. They get honored by the Chinese embassy. They lived there until the end of their lives. Yes, they were imprisoned and for various reasons because they weren't going along with the plan.
But, yeah, I mean, this is this is pretty amazing. This this was not like, you know, hippie beatniks and whatnot from. From America. These were these were committed Jewish revolutionaries who were right in the thick of this whole thing. And what they were doing, of course, is they were making sure that China would not just stay away from fascism and not just stay away from anti-Semitism, but also be compatible for the eventual transition to capitalism. They had such an influence on Mao. In fact, Mao was quoted as saying China doesn't suffer from too much capitalism. It suffers from too little. So when the new regime took power, they developed socialism, collective economy, private capitalism, individual artisans forming the economy in one piece.
And so, yeah, it's like kind of like taking your under the old serial ports on computers that don't plug into shit these days. I mean, they just wanted to make sure that China was going to be compatible with plugging into the rest of the world at such a time when it would need to be opened up and become almost like they were preserving China with communism in the same way they preserved Eastern Europe and they preserved Russia and kept it ripe so that they wouldn't turn into something that was unmanageable for Jewish power. And now it's gotten to the point where it was time to open up the doors. Right. Mao's dead. Open up those doors, you know, have a cultural revolution, get things going, right?
Yeah. And that time came in the mid late 70s when Mao had died in 76. And shortly after 1978, China officially adopts what became known as the open door policy. And during, you know. When Mao is in power. Right. So, yes, Jews were gaining quite a bit of influence. And and they were finding their way into the closest circles of Communist Party leadership and advisory positions. But China still prohibited most foreign investment. But it was not an open economy. It was not not ripe for for exploitation by foreign powers in the same way foreign economic powers in the same way that the West was becoming and that Japan was becoming. And that had to change. And they went about changing that here in the late 70s.
And, you know, they did this by by starting in the 70s and through the 90s, Chinese leaders were seeking advice from Western economists. Many of them Jewish. And this is, again, this Jewish fascinator. This a fascination with Jews that many Chinese, including elites, had. They went to talk to people like Milton Friedman about how the best way to plan their economy post Mao. This guy from Oxford, Vladamir, it's Bruce, who is another Jewish economist. And Milton Friedman actually went on to receive an honorary professorship at food on the leading university in Shanghai in 1988. And yet the 78 the open door policy led to basically like the name states, opening the door of the Chinese economy to foreign companies, factories, workers, investment ownership, capital, you name it, bring it all in.
And the the you know, in the following years, two hundred twenty thousand foreign funded ventures, just like like snap of the fingers, they spring up all across China. And by nineteen ninety one, you had the vice premier, Sean Shenzhen, meeting with a delegation of quote, distinguished American Jews where he publicly declared that Jews were an especially industrious people.
And by the end of 1994, not even 20 years into this. Over 300 billion dollars of contracted investment that's just contract and investment had been agreed on from the west into China. And foreign direct investment in China has risen to 98 now excuse me, $95 billion by 2008. And that was 2008, right? 12 years ago. You look at what numbers from twenty nineteen. China is now the world's second largest FDI recipient after the United States and FDI inflows are continuing to increase this year. This is one curve that has not been flattened between twenty seven, twenty, eighteen or twenty seventeen excuse me. Foreign direct investment rose from one hundred thirty six billion to one hundred thirty nine billion. That's four percent an all time high. More than 60000 companies were established by foreign investors in 2018 alone. That is a 70 percent increase compared to 2017.
So in a span of 40 years, China's economy went from being relatively insular and and very little outside involvement to being one of the largest the second largest recipient of foreign capital in the world. And yeah, this is a trend that is continuing and has been extremely important. Now, again, this is not like a light switch brain thing where it's it's either all foreign owned or not foreign owned. There still are provisions in Chinese regulations that these foreign investors, these transnational foreign investors find very inconvenient that the Chinese government will close off sectors completely to foreign direct investment. State companies are protected, national flagships are protected. They they have the up ability to operate independently of of judicial rulings and independent of regulations. And the Chinese state, of course, demands foreign technology transfer and intellectual property to the Chinese state. So there are still some kinks to be worked out by this play. This program, from the perspective of of the Jewish international capital system is not perfect, but it's something they're working on. And it sure has come a long way since the since the 1970s. This door has been opened and they are walking right through it now. I mean, we can look at the companies that are doing that are doing that. Who's walking through this open door? The U.S. companies taking advantage of foreign direct investment to build factories, invest in manufacturing capabilities, hire support staff.
We look at the list of companies that have profited the most from foreign direct investment over the last two decades. It's companies like Apple, companies like Hewlett-Packard, IBM, GM, Cisco Systems, Wal-Mart, you name it. Now you look at the ownership of these companies and you know how much of these companies are owned by Shanghai opl importers, by Kaifeng synagogue builders, Jazz by the 11 Tinh financial innovators over at places like BlackRock. Larry Fink in his Cordray of of. Juice. Over there, Apple, blah, BlackRock is a number three shareholder. Vanguard being number one, HP, BlackRock number three, Vanguard number one, IBM number two and one, GM number two. And number one, Cisco Systems number two. Number one, Wal-Mart number two, number one. And then you look at the U.S. companies that are benefiting from culturally and economically liberalizing China. Disney, for example. Number two. Number one, Dow Chemical, who just opened a new specialty resin line in China. BlackRock is the number two shareholder. Starbucks. Again, number two. Number one, G.E., BlackRock, number four. And Vanguard is number one. So we look at who is profiting from this open door policy. And it's BlackRock. People like Larry think these are the people that stand to profit into the trillions on their investments in China bound companies and China's open investment policies compared to those of the past, relatively open. They're allowing Jews to further concentrate wealth and power in China.
It's pretty remarkable when you see the full extent of it and it's beyond FDI as well. Foreigners are now allowed. This is a recent decision. Foreigners are now allowed to purchase Chinese bonds and equities, buy that debt. International investors presence in China, it's still it's still small, but it's growing. There currently 3 percent of capitalization of the equities market and 2 percent for the bond market. But analysts expect this to increase by by double actually over the next five years. Pretty remarkable. What's the extent of what's going on there now? As we mentioned, there is this sort of uneasy relationship between Jews and the Chinese. And I think you put in a good way. We defined it as studious. Right. The analytical with the Chinese will look at the Jews just as people who are like, really good at making money because they haven't been as exposed to these other cultural elements. Not yet, anyways. And this is this is borne out. And when you look at you look at how Chinese bippy business people view the Jews. Right. Some of the most popular books in China are books like 101 Moneymaking Secrets of the Jews, the Financial Secrets of the Talmud and the Wisdom of the Jews. How to make the World's Money Flow into your pocket. These have all been Chinese bestsellers. So there's some interest there.
Now we look at like the modern day equivalents, I suppose, of the written burgs and they're there. You know, jurys answer is, of course, getting close to power, instituting these gradual market reforms and gradually bringing China fully under their yoke. That is their plan, new ways. And you know, the modern equivalent of the written Bergs and and the EPSTEIN Israel's are people like Robert Lawrence KUHN, again, an American born Jew who is one of the leading experts and people who find themselves in Jinping's inner circle. This guy, he's not at all. He's run the gamut of Jewish occupations. He's been an investment banker and author. And, you know, as you do, a recipient of the China Reform Friendship Medal, which has China's highest honor available to foreigners, he writes glowingly of jumping. He's written articles like WISCH Should China Needs Jinping as its core leader. Jinping's power has a purpose. He's the one person who can see China through its development plants. And since the 90s, he's finally found himself advising Chinese leaders, including Jinping, on special projects and economic policy, that he's talked about his role in China to the Western media. And he has defined his most important work as, quote, participating in the global marketplace of ideas. Excuse me, facilitating China's transition to participation in the global marketplace of ideas to share the Chinese way of thinking, to learn from the world as well, and to communicate in both directions.
He says he's proud that this is now deemed to be the highest level of national importance. He says that China's commitment to international communications is very strong and I am pleased to play my small part in it. So this is one of, you know, the guys who finds himself just like Mao had them in his inner circle. Mr. Koon is in Eugene Ping's inner advisory circle. And we're seeing now also a push in Chinese media of in China for China media to to liberalize, to institute liberalized market reforms and to liberalize socially as well, which we'll touch on here in a minute. But though we're seeing editorials now in the South China Morning Post like this, quote, Why China's capital liberalization needs to be a two way street. China has been opening up its financial markets to international investors over the past two decades. The removal of quotas for the qualified Foreign Institutional Investor and ramba qualified for institutional market schemes announced on September 10 is the latest milestone of this liberalisation. Abolishing the quotas means investors can buy as much Chinese onshore equities or fixed income products as they wish, subject to foreign exchange requirements. Boosting foreign investors presence in China would diversify China's investor base, which is dominated by local Chinese investors and dilute the tendency for a herd instinct and better managed market volatility as we know jazz.
When you introduce more juice to the market, you end up with less volatile markets. Things are just stables moves ailing over here in the West, he writes. Think of the financial system as a series of pipes, pumps and tanks. It works best when there is a two way flow, allowing the system to run smoothly and effectively. I think, OK, this was written by a Chinese guy. We probably looking out for China's best interest right now. He's the chief market strategist for Asia Pacific at JP Morgan Asset Management. So open up your markets by fellow Chinaman and we'll touch on the cultural stuff as well, because it is true that. These movie companies, Disney, etc., have had to censor or remove pieces for for the Chinese market, but this is something that's being worked on right again. All the irons are in the fire at once. And rest assured that the international jury is working on liberalizing China's attitude towards autonomous sexuality. So in 1994, the Chinese Society of Psychiatry was established. They're responsible for publishing the Chinese Classification of Mental Disorders Handbook. It's similar to the American DSM DSM 6 now, I believe now as China has opened their doors to the West. It's not just economically right.
They're trying to to synthesize Chinese intellectual asume Chinese psychology. They've been looking to seek validation of Chinese traditional medicine, including training Chinese traditional psychology with Western medicine in psychology. And to do this. They're courting these experts in the field. Industry leaders in fields, including psychology. Confucianism is being revived in China as a traditional source of wisdom. Religion is becoming more accepted, especially Buddhism and Daoism. And while fading in the U.S. Freudian psychoanalysis, Sigmund Freud has become more popular in China. The future of psychiatry in China, according to again, quote, experts will encompass Freudian theory, Confucian practical advice and a quest for the harmony philosophy of Daoism. Now, the first two editions of this Chinese classification of mental disorders included homosexuality as a mental illness, much like the American DSM. But in 2001, with the publication of the third edition. It was very suspiciously removed. You ask yourself why that was? Well, for years there has been an effort by a small army of therapists in the U.S. As this article says, we're getting up at ungodly hours, staying up late in the night to teach the fundamentals of Freud to their Chinese counterparts. There is a two year intensive training program that's been running since the early 2000s called the China American Psychoanalytic Alliance Kapa. This has been the result of several overlapping factors Chinese doctors searching for new theories and techniques to treat treat patients.
And this explosion in sort of a Freudian pop psychology in China. But the freudianism, of course, thoroughly discredited. Losing footing in the U.S. become largely irrelevant, except in the minds of Midwest's. We're like, oh, you want to do thing is because you have small penis and and like mom, you know, that's the only real foothold freudianism has in the U.S. anymore. But gaining ground in China and the International Psychoanalytical Association is holding its first major conference in Beijing. It held that in 2011. And what did they have to do, jazz to get this recognition, to get the recognition from the international psychiatric community that China is a legitimate place and it has legitimate theories. And these are not just crazy Daoist ramblings. They're valid psychoanalytical theories. Well, they had to bend the knee on homosexuality and kapa. Of course, this program to to spread Western psychology into China has members from the United States, members from Canada and of course, members from Israel. And the leader of this International Psychoanalytical Analytical Association is you'll never guess. But, of course, it's a woman last name, Leavey. So, yeah, these are the levers of power that were being exercised to get these Chinese institutions to liberalize, to drop homosexuality from their list of mental disorders. And it worked.
So, yeah, and of course, they have to put down roots with Zionism as well. And they've made some nascent efforts to set up shop in China. They've the Chinese government has decided to transform places of worship into communist culture centers and rewrite and interpret the holy books of religions such as Islam and Christianity, but not synagogues and not Judaism. They fuck over everybody else, but not the Jews. Israel is actually trying to engage in a long term plan to infiltrate China, and Tel Aviv wants to build a Zionist lobby in China. Of course they do. But to do this, they need to find a Jewish family or group settled in the country. So Zionist researchers have rolled up their sleeves and pursued an individual family who settled in China in the past.
They've discovered such a family settled in eastern China and this has become their starting point. Following long and finally planned efforts, they convinced this group that they need to return to their true religion, culture and ideology. They bring some of them to Israel, naturalize them and some volunteer in Israel's army. The end of the study, Jewish individuals are assigned to top positions in the judiciary in China. Professor Dr. Nadia Helmy speaks of an organization called. Shalvey Israel, which confirms this development. The task of this organization is to find Jews wherever they are in the world and make them Jewish and Zionist again. Although they do not have a missionary in Judaism, they bypass this rule in China. And the organization Judy Eyes is thousands of Chinese citizens. When they Judy eyes the Chinese, they marry off Chinese girls and thus form a Zionist Chinese generation. Starting from the pre-school level, they opened schools and established synagogues in the style of Confucian temples. Israel's ambassador to Beijing is working hard for the government to officially recognize the Zionist Chinese generation, claiming that the names of the family have changed over time and by forging existing names reveals Jewish ones. In China, there is a close rapport between the academy and the government to influence decisions on the Middle East and other regions. Israel is also using it in their seno. Israeli academic relations are at their highest level. Israel established several joint research institutes in China, opened Jewish culture and Hebrew language departments in its universities, facilitated Chinese expeditions to Israel, and conducted research competitions with high view value prizes in the Jewish region of China. Israel also opened a university last December in China's Shan Tao. Russia is the only other country to have opened a university in China other than Israel. On the other hand, Israel is raising special rabbis to guide the Jews in China. These are exemplary events. China implements medieval methods of torture to assimilate Muslims. But Israel's efforts to Judy as the Chinese.
They sleep here.
And you can look at. You can look at China's relationship with Israel. And people will say and they'll bring up and and, you know, this is this is true that China has voted against Israel at the U.N. Security Council and they condemn the Gaza flotilla attacks.
And so based. But yeah, based. Right. But then you look at what they're doing with the Belt and Road Initiative. And if China again, the argument is from some people that China is simply looking out for their peoples best interests and that's it. Well, if that were the case, then, then why is the Belt and Road Initiative very conspicuously making a detour around the entirety of the Middle East? That's not the most efficient. Efficient, right. They're not taking the most efficient routes right there. They're intentionally bypassing Israel and bypassing the Middle East because they don't want to confront Israel's operations in the region. They don't really want to put an end in and stabilize the region, which would be in the interest of China. China's interest is not having a a war-torn Middle East. China's interest if they're going to move their factories to Africa. China's interest would be stabilizing all of that. And and, you know, maybe you could even say, well, if Israel can't can't abide by a peaceful regional partner, then maybe they have to be wiped off the face of the earth or something.
But yeah, China is not doing anything to confront Israeli and U.S. adventurism in the region. They're simply ignoring it and bypassing it when it when the rubber hits the road in a meaningful way. U.N. security, U.N. resolutions are like, visualize the jerkoff hand motion.
It is. Yeah. Well, and what about these boomer sagna Jesse, about this boomer conservative takes on the danger of China holding America's debt. Like we borrow all this money from the Chinese. It's like, no, we just sell them lots of T-bills, notes and bonds.
And in fact, Japan holds more of America's debt than China. And in fact, China has been trying to get rid of as much as a foot of American held debt as it can. China's the second has the second greatest amount of U.S. debt. You have a trillion dollars worth of bonds, which is minuscule compared to what the debt is today. And to the extent that anybody gives a shit about the debt, I'm only mentioning it for relative terms. People make such a big deal about or borrowing money from the Chinese. It's like, no, they're willingly borrowing our bonds. Like nobody's forcing them to do that at gunpoint. And people I think boomers try to associate the raising the debt limit. Look, we're gonna be more in debt to China. No, we're not. Like you're more in debt to Larry Fink. That's how it works. And so, yeah, I mean, so that's that's another retarded thing that they always bring up. But just talking about contemporary politics here for a second, China is also forging a relationship with Israel, or rather, Israel is forced forging a relationship with China. And the U.S. isn't too happy about it, but could have predicted this. This is not a story that's gotten a lot of news, but apparently is.
Mike Pompeo said that unless Israel reduces cooperation with China, the U.S. might reduce intelligence share. It's like. What do you mean by that, Pompei? They just they already get the intelligence with their spies, like they don't need you to reduce the amount of intelligence that they get. And this is also a toothless sort of shrieking dance by the U.S. government. But what they're really upset about is the port of Haifa. They're also worried about China getting too cozy with a lot of Israel's growing tech industry. This is one of the things that they're worried about as well. But the U.S. government. I mean, this quote unquote, special relationship that it has with Israel. It's like, do you think Israel is looking at the United States as this special place that it has this relationship? It's like, no, they've used the U.S. to the extent that they can. And it's been something that we've talked about quite a bit. Eventually, they're going to divest from the United States and China if they can manage to get China to open up and they are succeeding there even more, then why not do both? Right. Like, why not, you know, try to forge a relationship with China? They want China wants this special deal with Israel's Haifa port.
Israel is slated to give the Shanghai International Group s IP. Jeev has already put a 2 2 billion dollars into this project for this port of Haifa. And then you also have the China Railway Tunnel Group, which is part of Belton Road, has also won a tender to dig tunnels and operate electronic systems for a new Tel Aviv commuter rail line worth $1.4 billion. There are several more. This is upsetting to Pompei and Bolton because they're trying to saber rattle against China. And Israel is just like, look, I'm going to work with, you know, whoever is going to whoever is going to work with me, you know, and maybe maybe it's not you. United States as they divest and and whatnot. And of course, China has always in the past has maintained support for Palestine, but that that has started to slip as well. And so, you know, the Trump administration can can kick and scream and do what they want. But if Israel wants to hook up with China. I mean, there's nothing the U.S. can do to stop them. I mean, it's it's all part of the old part of the same big pool anyway, isn't it?
Yeah, that's right, that's absolutely right. And the idea that Israel has ensure there is a significant Jewish investment that's been made in the United States. But that's and this is why you see them cultivating these relationships and these these power structures in China and in facilitating massive investment into China because it's essentially getting the next horse ready to go for when the current one gets sent off to the glue factory in the West broadly has been in decline. One could argue for, you know, hundreds of years in the Chinese, there's still an ascendant society, which is why, you know, of course, they're up and coming power. And it makes sense for for Israel to align themselves with China. And, you know, the Chinese, again, they take a very analytical look to it. And if they believe that getting closer to Israel and getting closer to organized Jewry can make them wealthier, can bring them more money and make them help them emerge from the middle class area, emerge into a middle class country and and not be a third world country, second world, country and out. Sure. Their production and manufacturing to Africa and use slave labor if they see the Israelis in jury as a as a compatible partner for that project. They are absolutely going to make that deal.
Well, and it's also more of this rendition of Cold War politics where it's like play playing one off the other. It's like America versus Russia. Now it's America versus China. And this is why participating in the saber rattling is just so stupid. You're participating in a kosher dialectic. No matter which side you you pick, whether it's the you know, China must pay or Chinese believes in its own people. I mean, each one of those is just not reality.
And, you know, I mean, just to illustrate this point, BlackRock, Larry, think 50 percent of BlackRock's growth is going to be China in the next five years, 50 percent of their growth. They're divesting from America and investing in China, according to think BlackRock is, quote, very engaged with Chinese regulators in the process of building a majority controlled business. So they're opening China up and they're taking control of it. And BlackRock is the firm that will make sure that nobody else has the power to leverage China. They are making sure that they're sitting on top of this pile as China opens up, as people from within China open the gates of China's market. Larry Fink is there to walk right in the front door. He's become increasingly bullish on Chinese equity markets as the country plans to introduce a Nasdaq style startup board in Shanghai, pushing for new ways the private sector can fund its domestic companies, in fact. Larry, think remember we talked about Aladdin in the BlackRock deep dive.
Aladdin is this massive data center that BlackRock owns that essentially has digitized the U.S. stock market and making trades and deciding risk and making and making purchases and asset allocation and everything else. They want to build one for the Chinese in Shanghai. And that is all going to be BlackRock.
Meanwhile, BlackRock Temasek, which is a company in Singapore, have taken up a majority stake in wealth management with the Chinese Construction Bank Corp., which is the second largest bank in China. They've forged a partnership. Chinese banks, wealth management subsidiaries have broad business capacity, including launching publicly traded products. So so they are attracted to international asset managers. Forming wealth management ventures would also allow foreign asset managers to leverage Chinese banks distribution network. We've received increasing inquiries on this option. So you have BlackRock, the world's largest asset manager, and Temasek will own the majority of the new venture due to ownership restrictions of wealth management units by Chinese banks. So China has allowed foreign asset managers to set up private fund businesses. Big mistake. China next plans to scrap ownership rules on mutual fund businesses in April. Wealth management ventures offer another option for money managers to enter the country with controlling stakes. So you see this whole idea of only 6 percent of China is owned by foreign companies. And they they they they believe in the Chinese people. And so they're not allowing anyone in EMI. That's not happening. And Larry Fink is going to be running the whole fucking show in a matter of decades. And, you know, it adds insult to injury to this whole thing is Corona virus has actually caused the first time for the very first time in 50 years a reduction, a contraction in the Chinese economy.
So China is going to be needing, Larry thinks, help even more. That's why, you know, Jews are not that bullish or are not that bearish on. The U.S. government being shut down because of the USG is shut down and Europe is shut down and China's going full steam. Just like they transition their their businesses and everything to China and making sure that China comes out on top of this thing. They rescue China. It's like and the other thing is here. The other reason why you're seeing the saber rattling, too, is they want Xi Jinping gone. Unless Xi Jinping is willing to cooperate. He seems to be willing to cooperate. So far, he's got a friend in. As you mentioned. But they want. They want China to be more cooperative. That's a lot of what you're seeing. That's what the banging on the back door was with Hong Kong protests. This was America sending a signal to China. You better play ball and play ball. They are right.
Yeah, that's exactly right. And they always want things to move faster. Right. And it would be very it would not be credible for his regime paying or for the you know, it's just hand over the keys to the kingdom overnight. This has to be a gradual process. But it's very important to point out that this process is ongoing. And we are. I don't know what the metaphor would be. Were like the cart at the very top of the roller coaster peering over the edge right now. You could even argue that we're halfway down with these liberalizing of of several of foreign ownership rules and the incursion of BlackRock owned companies into the U.S.. Again, when you look at the companies, the U.S. companies that are shifting operations to China, that are opening up businesses in China, that are pivoting to China as their next market. These are all companies that are owned. BlackRock is in the top two shareholders. It's either BlackRock or Vanguard, number one. And usually that that combination of 1 and 2 and even these Chinese companies, companies like Alibaba. Right. Responsible for a lot of the supply chain for everything from restaurants to through some retail stores in the U.S. BlackRock top shareholder not even close that they own 19 billion dollars worth of Alibaba. And so, yes, when you look at the state of things and, you know, you might might ask, well, OK, isn't it already done? You know, is this already over? Don't Jews already have total power? Well, not quite. And this is what they're working on. This is what they're working towards. So the road ahead, you know, they still have a ways to go.
And in increasing China's exports, actually increasing China's international economy, the U.S. cross-border financial flows four times larger than China's. Still, despite all the international trade, that's what they're working on by relaxing ownership rules for mutual funds and and investment accounts, much of China's economy still being domestic. And again, these are things that they're working on. They are working on unchanging all of this. And, um, yeah, I think that that just about takes us to the present day, isn't it? Just we want to we want to look at a Jewish perspective on this and round it out.
Yeah. Yeah. And close it up. Yeah. Good. Good.
Yeah. So this is again this is going back to that book by written by Maxim on the Indestructible Jews. And this was written in the 70s. And it's interesting to see his vision he had at the time for what China could become and with the role he envisioned China having in the global Jewish power structure. And to see how much of that is, as we know now, coming true. So he writes, quote, According to precedent, we would expect jewelry to sync with Western civilization.
But again, according to precedent, we should also expect them to emerge in a new civilization. According to Spangler, the new tidal waves of civilizations should be those of Russia and China. It should be no more impossible for the Jews to establish viable diaspora centers in Russia and China than it has been in other lands, other cultures. Having shown our ability to establish diaspora centers in such diverse social, economic and religious societies as Babylonia, Persia, Greece, Roma, Partha, so Sania and the Islamic Empire as well as in the Catholic and Protestant Christian dums, why not Russia and China? One thing history teaches us is that we cannot count on the present to perpetuate itself. Countries that were once pro-Jewish have turned against the Jews bitterly and vice versa. The paucity of Jews in China today in 1971 should not preclude the possibility of a diaspora center taking root there. Just as in the past, diaspora centers have risen in countries where previously there had been no Jews. Ideologically, China could be a fertile civilization for the Diaspora Center because the Chinese of today are even more Judy ized than even the Puritans of colonial America. Though the Chinese may not make obsolescence two or obeisance excuse me, the Jewish heritage, they may not know a Jew from a Christian. Their ideology is more Jewish in origin than that even of Western civilization.
Amazing to see how much of that is bearing out and and how he is unfortunately being proven correct.
Yeah, that was written like 50 years ago. So yeah, pretty amazing. But yeah, I mean, as far as Jews in China go, it can be summed up like this very, very, very succinctly for what we just discussed in the last hour and 20 minutes. And there are a million different rabbit holes that you could go off on and we'll probably revisit this a number of times. But Jews have had a presence in China for a very long time and most most prominently in the eighteen hundreds and then ramping up into the early 20th century. They fled with their capital to Shanghai in droves during World War Two. And then this culminated in the 1949 revolution. It's funny, wherever Jews go, there's there's revolutions. Funny how that happens. But then you left the away team. This cadre of Jews that became part of Mao's inner circle, that remained there for decades, played various parts of government, especially in finance and education, ensuring the Chinese system of communism would be compatible with an eventual transition to hybrid capitalism did for the Chinese. But more importantly, fit for themselves. So the south, they've built up leverage up through the present day. They couldn't let off the gas for even a moment. The goal, of course, just like Russia's to transition China out of communism and the way they did with Russia and so many other countries. And are Larry Fink. Michael Bloomberg at all. The transformation is complete. G is sort of in the way whether he wants to be co-operative or not. Time will tell. But there's not gonna be a war in China. They're just trying to foment potential regime change. And if not regime change.
Just simple policy changes about who can come in and have controlling stakes in various businesses. And that's all this is. There's not going to be a war in China. No one's going to pay for anything except for you. We will pay the price for this. We will pay the price for this. And there's not going to be businesses coming back from China and going somewhere else. And in fact, I don't even know that businesses will go elsewhere there.
I mean, BlackRock is about to dump trillions of dollars into Chinese markets. You think they're going to move businesses to some other country? Now, you can say that there are cheaper léger labor markets, obviously, and there always are. But now they're getting Chinese ready. They're getting China ready to be the powerhouse of the of the east.
So. Right. Right. And even if they do move labor to another country, that doesn't mean the wealth is going to go there. Right. It doesn't mean that this is going to be new wealth center. These will essentially be as they're constructing now, he's will essentially be slave labor apparatuses in eastern Africa and elsewhere and in places for them to cheaply extract resources out of the ground. And you're right. Xi Jinping, he he's sort of a wildcard from their perspective. He's not their guy for sure. But he's also not anti-Zionist. He's not standing. He's not putting his foot down and resisting these changes that are taking place. And as we know, they always want to move faster. This is why they would rather have someone like the Chinese nationalist revolt, sunni-led said, or a Shan Kai shek. They'd rather have a modern equivalent of someone like that in power in China than is usual ping. So it's sort of maybe counterintuitive when you ask, well, why would they be fomenting rage against China when they have all these investments there? There's not going to be a destruction of these investments, right. The Starbucks that BlackRock is financing the construction of in China are not going to be leveled by Predator missiles. It's not going to happen. What you might happen, what might happen, if anything, would be and what their goal would be would be a peaceful transition of power that leads the economy and this financial services industry. They are building leaves that intact while replacing the leader with someone they can reliably count on.
That's what they want to see. China. Yeah, that's I mean, that's really the bottom line here. And as far as you know, as far as American sort of trying to get angry at China and be racist toward China. And John, even Donald Trump's trade war, Donald Trump's trade war, as it turns out in hindsight, wasn't anything more than fulfilling this agenda for Jews. They wanted to put pressure on G-d to get leverage like what they wanted.
And when it hurt American farmers, they gave handouts to big agro business and said, fuck you, farmers suicides have climbed to record levels. And all of this isn't because we're bringing factories back to America. It's to kick the door open for Larry Fink. Think about that. Think about that issue. Mungai Your way to 2020, right? Guy So that's about all we've got for this weekend. But as always, there's some other bottom stack stuff, but we'll get to those probably in the middle. So anyway, you guys have a good weekend and we'll catch you guys mid-week show.
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