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Furious China Summons U.S. Ambassador, Slams Obama Decision To “Threaten Peace” With Warship Challenge

October 27, 2015 by mosesman
Chinese dredging vessels in the waters around Mischief Reef. (Photo: the Telegraph)
Chinese dredging vessels in the waters around Mischief Reef. (Photo: the Telegraph)
  • The next logical move for China: is NOT a shooting war with America but to attack the world reserve currency, the US dollar. All the steps taken by China so far are pointing to the direction of destroying America’s global monetary hegemony. Namely:
    –
    1. BRICS Bank and AIIB as replacement for IMF and World Bank.
    2. Initiating a Shanghai gold physical delivery contract to destroy the LBMA and COMEX control of gold prices.
    3. Increasing the use of Chinese Yuan in global trade settlement.
    4. Implementing the Chinese Interbank Payment System (CIPS) as replacement for the Anglo-American, western controlled SWIFT.
    –
  • If China were to start a shooting war ie. WW3, they will immediately push Japan, Vietnam, Philippines, Malaysia, S. Korea … into America’s arms, irretrievably. There are NO DOUBTS as to where these nations will stand in the event of a WW3: US vs China. Therefore, it is a stupid move on China’s part to start a shooting war with America. They will lose Asia and at best: WW3 with America will be a draw. I seriously doubt China can win an all out war against US.
    –
  • The Chinese will initiate financial WW3 by destroying the dollar, demanding Chinese Yuan (or gold) payment in trade (ie. rejecting the USD), revalue the price of gold much higher (2x, 3X..) and trigger the trillions of dollars of precious metals derivatives held by the Wall Street banksters, detonate financial nuclear weapon: dump all US treasuries (US$1-2 Trillion) forcing interest rates to rise and collapsing the stock market…. You get the idea.
    –
  • The global economic, financial and currency collapse is approaching. Take cover. Got physical gold yet?
    –
  • Furious China Summons U.S. Ambassador, Slams Obama Decision To “Threaten Peace” With Warship Challenge
    by Tyler Durden, www.zerohedge.com  
    Update: CHINA SUMMONS U.S. AMBASSADOR OVER SOUTH CHINA SEA PATROL: CCTV
    –

    Well, the USS Lassen sailed within 12-nautical miles of Subi Reef and surprisingly, World War III did not break out overnight. 
    –
    Nine months of tension between Washington and Beijing over the latter’s land reclamation efforts in The South China Sea culminated on Monday with President Obama’s decision to send a guided missile destroyer to China’s man-made military outposts on a “freedom of navigation” exercise. As we put it on Monday evening:
    –
    “The ball is now squarely in China’s court. The question now is whether Beijing will back down and concede that “sovereignty” somehow means something different with regard to the islands than it does with respect to the mainland or whether Xi will stick to his guns (no pun intended) and take a pot shot at a US destroyer.”
    –
    In short, some feared that based on recent rhetoric out of Beijing (e.g. the PLA will “stand up and use force”) that China might actually fire upon the US-flagged vessel or at least move to surround it in what might mark the first step on the road to war. 
    –
    Ultimately, that didn’t happen as China apparently decided to take the high road for now and avoid an escalation that might have had far-reaching consequences. That said, Beijing isn’t happy. Here’s more from Bloomberg: 
    –
    China said it will take “all necessary measures” to defend its territory
    after the U.S. sailed a warship through waters claimed by China in the disputed South China Sea, a move the government in Beijing called a threat to peace and stability in Asia.
    –
    “The behavior of the U.S. warship threatened China’s sovereignty and national interest, endangered the safety of the island’s staff and facilities, and harmed the regional peace and stability,”
    Foreign Ministry spokesman Lu Kang said in a statement today. “The Chinese side expressed its strong discontent and firm opposition.”

    –
    read more.

[youtube=https://www.youtube.com/watch?v=TmdNpx_7Luk]

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