Do you know that in the last 3 years including during the Pandemic, China has been building day & night the new capital of the century for Egypt in the desert? The Central Business District (CBD) project of the new Egyptian capital is being built now by China Construction Egypt.
The first phase of Egypt's new capital CBD project covers a total area of about 505,000 square meters at a cost of 3.5 billion US$. The core construction is the "Symbol of Egypt Tower" complex, a multi-functional, multi-purpose high-rise building of the height of 385.8 meters.
Once built, it will become Africa's tallest building. Other constructions include nine high-rise commercial office buildings, five high-rise apartment buildings and one high-end hotel. There will be a total of 16 high-rise buildings and four supporting municipal works.
When this project is completed, it will greatly relieve the pressure on the old city of Cairo, and greatly vitalize the Egyptian economy. The initial CBD is expected to be completed in 2022. So far, 60% of the phase I project has been accomplished.
Deeply shocked that Egyptians don't know that their new capital is being built and funded by China. 80% of the workers are locally recruited and trained by China, so 80% is built by Egypt according to their propaganda.
China is said to build only the CBD & the rest are being built by Egypt! The CBD is the 1st phase. China puts down money and builds module by module. The rest 80% supposedly being built by Egypt is in their head..When China starts phase 2, I'll report!
China intends to put a stop to the US freedom of navigation based on environmental and safety concern.
Everyone knows the so-called freedom of navigation practiced by the US/West is military threat & provocation. If nuclear powered aircraft carriers of an enemy country dare to
cruise up and down the US coast, US would have considered it a declaration of war.
According to the Amendment to China's Maritime Traffic Safety Law which have gone into effect since Sept. 1st, five types of vessels must be declared prior to entering China's territorial waters:
submarines, nuclear-powered ships, ships carrying radioactive materials, ships carrying chemicals, toxic and hazardous materials, and other ships that are deemed to be dangerous. Failing which, China's maritime police could intervene.
After "let CIA hunt for Covid19 origin", now it's "let lawyers hunt for the origin".
So US courts can supposedly subpoena China, a sovereign country to produce evidence & if China refused, courts could enforce judgements. Pompeo has forgotten China could reciprocate.
US did this to Iran and confiscated the Iran assets in the US.
China is not Iran. Whatever US does to China, China can reciprocate.
Imagine Chinese courts subpoena Fort Detrick and Ralph Baric of University of North Carolina to produce evidence... Failing which Chinese courts render default judgements....
The simultaneous mirror legal proceedings must be very interesting to watch.
People may not know that though India is very hostile to China and has coined the label "debt trap" for China's BRI, China has been building essential infrastructure for India, notably six electricity power plants of high quality at a low price.
India is no longer giving China new contracts China is also questioning if it's worthwhile to give a hostile country quality power plants at such a friendly price.
China's accomplishments in India:
China's Shandong Electric Power Construction Third Engineering Company has built
six large power plants in five Indian states by EPC, with an installed capacity of more than 10,770 MW, accounting for 5.7% of the entire thermal power market share in India, making it the largest foreign EPC general contractor for power plants in India.
China's alleged totalitarian feature Social Credit is fake news. On the contrary, China is enacting private data protection laws. To bypass such law, DIDI, China's Uber planned to launch an IPO in the US after SEC's lightning approval within 2 weeks. China put a stop to the IPO.
If the US stock market can be endorsed by big Chinese companies, it's very good for the US economy and US$ supremacy. However, SEC now requires absolute transparency from Chinese companies and in particular all the audit trails. China is saying NO.
"So, what is an audit trail? Why should China be as tough on audit papers as it is on Chinese territory and not allow the slightest infringement? I'll sum it up in one sentence: An audit brief is the paper form of a company's existence. It includes all user data,
US army completed its withdrawal from Afghanistan. Talibans celebrated by shooting into the air. It's said that US wasted US$2 trillions taxpayers' money on the war which could've been used on the poor in the US.
This is not exactly true.
The US paid for its wars by QE, not by taxpayers' money. Unlimited QE is only possible with the existence of US$ supremacy. Latter is supported by US military invasions which exercise a power of intimidation on the world.
The power of a Mafia criminal derives from intimidation.
If the Mafia criminal abstains from killing, his power of intimidation disappears. If nobody is afraid of America, the petrol exporting countries will stop sticking by the US$. How to make the world recognize and accept the US$ even though everyone knows US$ has zero credibility?