Vanguard notably invested in a subsidiary linked to the Aviation Industry Corporation of China (AVIC), which manufactures Beijing's most advanced J-20 stealth plane, originally based on stolen American technology.
Vanguard Group manages $8 trillion in assets globally, making it the world's second-largest asset manager and one of America's favorite investment funds for its diversified investment options.
Since 2016, Vanguard's Emerging Markets Exchange Traded Fund (ETF) has evolved into a benchmark, the FTSE Emerging Markets All Cap China A Inclusion Index, to provide greater visibility for emerging market companies. mainland China.
Vanguard used the Stock Connect program, a mutual market access program, to invest in A-share companies listed in mainland China. This same program allowed Chinese companies listed in mainland China to purchase shares of certain companies listed in Hong Kong.
Stock Connect enables a phenomenon called “upflow,” in which U.S. funds buy A shares listed on the Shenzhen and Shanghai stock exchanges. The ACP found that the monthly turnover of A-shares (including purchases and sales) and ETF averages is $350 billion.
A-shares are a list of securities traded in renminbi on the Shanghai and Shenzhen stock exchanges that are causing problems. Many of these A-shares are Chinese companies acting as an extension of People's Liberation Army-backed companies or state-owned defense conglomerates.
The A shares held by Vanguard exceed the shares held by Blackrock's EM fund, which has stakes in 402 A-stock companies. Another fund, State Street, holds shares of 778 A companies in its EM funds.
“There is no consistent U.S. policy on investing in Chinese publicly traded securities or private companies. The legal status of A shares and the appropriateness of holding these shares in U.S. investment portfolios remains an unresolved question,” the ACP said in its report.
According to the ACP, Vanguard must properly inform investors of the risks involved because Chinese A-share companies are not subject to international accounting standards that protect the interests of U.S. clients.
The CPA is a national, bipartisan organization that represents America's domestic businesses across different sectors and industries of the economy. The latest CPA report draws attention to the loophole that large asset management companies are using to dump citizens' retirement savings into companies linked to the PLA.
Newsweek previously revealed that the US federal government's Thrift Savings Plan invested funds from federal employees' retirement savings plans in Beijing's military companies. Although investing in these companies is not illegal under U.S. law, it raises the ethical question of supporting companies linked to the military of the United States' main strategic adversary.
Whether it was invented in northern India, eastern China or central Asia – from Persia to Turkestan – chess is an Asian game. In chess, there always comes a time when a single pawn is capable of upsetting the entire board, usually through a move in the back row whose effect is simply impossible to calculate.
Yes, a pawn can impose a seismic mast. This is what is currently happening geopolitically.
The cascading effects of a single move on the board – Yemen's Ansarullah's stunning and carefully targeted blockade of the Red Sea – extend far beyond global shipping, supply chains and corridor warfare economic. Not to mention the much-lauded reduction in force projection of the US Navy, which is no longer necessary.
Yemen's resistance movement, Ansarullah, has made it clear that any vessel affiliated with or destined for Israel will be intercepted. While the West is upset and imagines itself a target, the rest of the world understands perfectly that all other ships are free to pass. Russian tankers – as well as ships from China, Iran and the Global South – continue to pass through the Bab al-Mandeb (narrowest point: 33 km) and the Red Sea without incident.
Only the hegemon is disturbed by this challenge to his “rules-based order.” He is outraged that Western ships delivering energy or goods to Israel, which violates the law, may be obstructed, and that the supply chain has been interrupted and plunged into a deep crisis. The intended target is the Israeli economy, which is already severely drained. A single Yemeni action proves more effective than a torrent of imperial sanctions.
It is the tantalizing possibility that this single action will transform into a paradigm shift – with no return – that adds to the apoplexy of the Hegemon. Especially since imperial humiliation is deeply rooted in the paradigm shift.
Russian President Vladimir Putin, in a confidential tone, is now sending an unequivocal message: Forget the Suez Canal. The way forward is the Northern Sea Route – which the Chinese, under the Russia-China strategic partnership, call the Arctic Silk Road.
For the stunned Europeans, the Russians detailed three options: First, sail 15 miles around the Cape of Good Hope. Second, use the cheaper and faster Northern Sea Route. Third, send the cargo by Russian Railways.
Rosatom, which oversees the Northern Sea Route, stressed that ships without ice certification can now sail during the summer and autumn, and it will soon be possible to sail all year round with the help of a fleet of nuclear icebreakers.
All this is the direct consequence of Yemen's sole action. What's the next step ? Yemen's entry into BRICS+ at the Kazan summit at the end of 2024, under the Russian presidency?
No country in the world, especially in the South, wants to follow these two weirdos. Facing them, the Xi-Putin pair appears as stability and reason.
The Russophobes in the mainstream media are like a headless chicken: while even NATO forces recognize that the war against Russia cannot be won, and that perhaps the initial, somewhat too optimistic plan of dismemberment of Great Russia, low-level propagandists continue to spit on world peace and ideologically maintain the need for a war which the people do not want, starting with the French people.
The French people are friends of the Russian people, and neither Colonna nor Macron will change anything. It is inscribed in our historical and cultural DNA, and anything that goes against this friendship will have no future.
Despite the heroic resistance of the most radical propagandists who spread the globalist lie, the discourse is changing, particularly on Israel.
“We are now fighting for freedom, not just for Russia but for the whole world. We openly declare that the dictatorship of a hegemony, now visible to all, is becoming obsolete. She has gone too far, and poses a significant danger to others.
The majority of the world now recognizes this reality. I repeat, our country is on the verge of establishing a fairer world order, I want to emphasize the fact that without a sovereign and strong Russia there can be no stable and sustainable world order. »
Vanguard's investments in Chinese military companies go down badly in the United States. According to the report by a bipartisan American organization, the world's number 2 in asset management, after the all-powerful BlackRock, has invested in more than 2 Chinese companies, including around sixty subsidiaries of the military-industrial complex. Vanguard says it maintains “the highest levels of compliance with all applicable laws” but the Coalition for a Prosperous America (CPA) believes that “national security” and “the economic well-being of the United States should be the priority,” in a context marked by strong tensions between Washington and Beijing.
Just like its direct competitor, BlackRock, Vanguard is an investment fund that manages $7 trillion in assets for a portfolio of 200 million clients. These two financial leviathans hold shares in the largest companies in the world, such as pharmaceutical laboratories (Pfizer of which he is the largest shareholder, Jonhson & Johnson, Moderna, AstraZeneca and Sanofi) or tech or other companies (Microsoft, Meta , Alphabet, Netflix, ExxonMobil...). With State Street, these three giants form the “Big Three”, holding 30% of American ETF (Exchange Traded Funds) assets.
The omnipresence of BlackRock and Vanguard in the majority of the world's largest companies is such that some see it as an economic danger. And the Chinese military-industrial complex, one of the world's largest employers in the sector, is no exception.
Contents of this one hundred and fifty-first bulletin:
01:18 – Economy:
• China at 7 nm
• Russian Far East Economic Forum
• Speech by Vladimir Putin
• Russia 2nd largest exporter of liquefied gas in Europe
11:45 – Politico-diplomatic:
• Municipal elections in Russia
• Anatoli Tchoubaïs at the helm… in Israel
• Blinken wants to negotiate
• Chinese Ambassador to Kabul
• Pyotr Tolstoy and the WHO
• Putin-Kim Jong-un meeting
• Putin-Lukachenko meeting
22:00 – Terrorism:
• Pope Francis and Kim Jong-un on Mitrodvorets
• Complete reopening of the Crimean Bridge
• War crimes and Banderist “tradition”
• Transgender banderist
26:19 – Arming:
• NYT and LCI: superiority of the Russian CMI
• Shoigu and Ka-52
28:10 – General military considerations
• Three new scenarios for the NATO-Russia war
• Ukrainian losses
• 300 Russian volunteers
33:35 – Map of military operations
This plan bears many similarities to the strategy used in Ukraine, where Russia was pushed to invade the country in response to emerging threats to its national security. In the present case, Beijing should respond to growing challenges to its territorial integrity from US proxies and their political allies operating in Taiwan. These inducements will inevitably lead to greater material support from the United States, which has worked stealthily behind the scenes (and in the media) to create a crisis. The ultimate goal of these machinations is to arm, train and provide logistical support to Taiwanese separatists who will spearhead Washington's proxy war against China. According to a number of independent reports, there is already growing operational collaboration between the Taiwanese military and US armed forces. This collaboration will undoubtedly intensify when hostilities break out and the island is plunged into war.
The plan for military confrontation with China was laid out in the 2022 National Security Strategy (NSS), in which the PRC was identified as “the most consequential geopolitical challenge to the United States” which expressed its “intent to reshape the international order". This SSN analysis was followed by an explicit commitment to impose itself in the fight for control of the “Indo-Pacific” region which “fuels much of the world’s economic growth and will be the epicenter of geopolitics. of the XNUMXst century” (“No region will be more important to ordinary Americans than the Indo-Pacific”). Biden's SSN emphasizes the vital role the military will play in the looming confrontation with China: "We will modernize and strengthen our military so that it is equipped for the era of strategic competition with big powers”… “The United States will not hesitate to use force to defend its national interests”.
Dragging China into a Taiwanese quagmire is the first phase of a broader containment strategy aimed at preserving America's top spot in the world order while preventing China from becoming the region's dominant economy. The plan notably includes economic, cybernetic and informational elements designed to work in concert with the military component. Taken as a whole, the strategy represents Washington's best effort to return to the golden age of the unipolar world order, when the United States set the global agenda and the United States had no of rival.
00:00 Deep geopolitics
01:40 Russian economy
High strength metals
Bruno Lemaire and China
Sanctions for c...
Fitch vs USA
08:30 Politico-diplomatic
Patrushev vs NATO
Prigozhin in Saint Petersburg
Russafrica Forum
Ibrahim Traoré, the revelation
Putin Erdogan conversation
Grain agreement
21:25 Arming
MALVA vs CAESAR
Abrams half-tank for kyiv
BITD US vs High Intensity War
30 ships for the Russian fleet
27:15 Military Considerations
Drones vs Moscow
Hedgerows in the Steppe
Russian professionalism vs Otano-Kiev amateurism
White Tiger
Gamelin Goya in S&V
36:15 Map of military operations
The Chinese project is known as the EMA. His goal – to create a huge network of high-speed Internet cables at the bottom of the ocean. Reuters reported that HMN Tech's plan is to build a network and lay a cable. To this end, HMN Tech will receive financial assistance from the Chinese government.
The project is secret until now. However, several communications industry experts have already confirmed its details to Reuters.
Three major Chinese telecom operators are involved in the planning. The EMA network should be one of the most modern and extensive in the world. It is reported that the proposed network would link Hong Kong with the Chinese island province of Hainan. The cable will then continue to Singapore, Pakistan, Saudi Arabia, Egypt and France.
Trump's sanctions have only accelerated China's technological autonomy
In a statement to Reuters, China's Foreign Ministry said it had "always encouraged" Chinese companies to "exercise foreign investment and cooperation." The ministry did not provide any specific information about the secret project.
In the meantime, its implementation will allow China to become the world telecommunications hegemon. After all, 95% of all international Internet traffic is transmitted through undersea cables. Therefore, their control is important not only from an economic point of view, but also from a military point of view.
Submarine Cable Projects – is a high-tech competition between the United States and the People's Republic of China.
Experts say the Chinese version directly competes with another submarine cable, which is currently being laid by US company SubCom. The project, called SeaMeWe-6, will also connect Singapore to France via Pakistan, Saudi Arabia, Egypt and other countries.
His analysis is precise and substantiated. But Westerners did not listen to him. They relentlessly pursue the discourse they developed during the Cold War: they are democrats, while the others, all the others, are not. They will continue their support for Ukraine, even if the latter has hardly any more soldiers and has already lost on the ground.
Last week I recalled that in international law, selling weapons makes them responsible for their use. Therefore, if the West arms Ukraine, they must make sure that it will only use them to defend itself and never to attack the Russian territory of 2014. Otherwise, they will, despite themselves, go to war against Moscow.
Indeed, they are always careful not to become co-belligerents. For example, they first removed certain weapon systems from the planes they promised Ukraine before delivering them to them. Thus, they do not have the possibility of firing in flight, from Ukraine, air-to-surface missiles at distant targets inside Russia. However, in the long term, the Ukrainians could provide themselves with the necessary equipment and re-equip their planes with it.
The game of arming Ukraine without giving it the means to attack Moscow is today contested by Chinese diplomacy. The Wall Street Journal reported some aspects of these contacts while masking the substance of the Chinese position.
Totally absent from the French media, eclipsed by the news of a metropolis in turmoil in the face of the beatings of a power against its people, relegated behind propaganda on a scale hitherto unprecedented aimed at maintaining the illusion of a coming victory for Ukraine and NATO, the Chinese-led diplomatic revolution in the Middle East marks the dawn of a new era that will likely see Washington's harmful influence pushed back out of a region and far from the peoples whose martyrdom inflicted by the colonial West for three-quarters of a century has lasted long enough.
If this term refers to the Pax Romana and the Pax Americana, all resemblance ends there, these last two terms implying contexts radically different from the Chinese situation: empires extended well beyond their direct borders and the imposition of peace through the soldiery. In Chinese history, the Han, Tang, and Ming dynasties are empires that are broadly confined within the current borders of Chinese territory. They represent historical eras and geographical areas of unprecedented human development, whether in terms of technical progress, commercial and cultural exchanges and maritime exploration.
In 1949, at the end of the war and the Japanese occupation, a century and a half of internal conflicts, colonial looting and political decline which will have kept it out of reach of the industrial revolution, China is among the poorest countries in the world. In seventy-five years, it will however rise to the rank of the first three world powers while remaining until then, as unusual as it is for observers accustomed to a very Western arrogance, in a relative discretion on the diplomatic level, perhaps through a cocktail of humility and patience. Of this necessary patience faced with a dying beast, still capable of mortal blows in its agony.
It was on September 7, 2013 that for the first time, Xi Jinping mentioned this project, baptized 一带一路 (yī dài yī lù, a belt, a road in French), later renamed Belt And Road Initiative (BRI) or the New Silk Road, in reference to the old trade route under the Han dynasty. During this speech delivered at the Nazarbayev University of Astana in Kazakhstan, Xi outlines its outlines and above all lists its principles: "sharing peace and development as long as they persist in unity and mutual trust, equality and mutual benefit, tolerance and learning from each other, as well as cooperation and win-win results", "to advance common development and prosperity, and work for the happiness and well-being of peoples of the countries of the region”. The BRI aims to bring all of Eurasia, but also Africa, the Middle East and Southeast Asia within reach of China and vice versa, by rail and sea. Nearly one trillion dollars has been invested by China along the Belt and Road for infrastructure upgrades under the win-win strategy that has been a hallmark of China's progressive diplomacy and development, particularly on the African continent. Not only are there countless cooperative projects between China and its partners put in place since the start of this pharaonic project, but it has also promoted cooperation between neighboring nations, thus making a counterpart to the conflictuality, to the grabbing and the spirit of division characteristic of American-Western imperialism which has dominated the world since the post-war period.
EU and EU: two sides of the same coin
Excluding itself de facto from this project, the United States perceives it as a Chinese hegemonic will (hospital and charity) and among its Western European allies, it is considered either with indifference or with a circumspection tinged with fear. to displease the White House, following the example of France or, more recently, of Italy, which was slapped on the knuckles after showing too much enthusiasm for the BRI and which, since Meloni's election, is considering its withdrawal, despite signed agreements.
Badly concealing the childish whims of an institution that is more zealous in submitting to Washington's desiderata than in acting in the interest of its peoples, the EU is creating a counter-project and the illusion that it still has something under control. In reality, it is having a terrible time not sinking: the destabilization of central Europe and the severing of its commercial ties with Russia orchestrated across the Atlantic are all maneuvers that seek to weaken it while putting obstacles in the way along the BRI.
Obstacles that China, patiently, keeps out of the way.
Russia and China have armaments far superior to those of the West. The first won the war in Syria and is about to win in Ukraine. Despite all its efforts, NATO, which has already failed in the Middle East through jihadists, is unable to reverse reality on the battlefield.
The way of thinking of the former colonial powers leads them to imagine that Russia and China will use their military superiority to impose their way of life on the rest of the world. However, this is not at all their intention and this is not what they are doing.
Moscow and Beijing continue to demand the application of international law. Nothing more. The Russians aspire to be quiet at home, while the Chinese hope to be able to trade everywhere.
The events in Ukraine have made us forget Russia's demands repeatedly reiterated since 2007: it demands security guarantees of its own, in particular the absence of arsenals belonging to third countries stored in its neighbours. Russia does not have the means to defend its borders, the largest in the world. It cannot therefore ensure its security if enemy armies are massed on several fronts at its borders, except by practicing the “scorched earth strategy” of Marshal Fedor Rostopchin. This is the meaning of all the negotiations for the reunification of Germany. The USSR was opposed to it, except that the New Germany undertakes not to store NATO weapons in the East. This is the thrust of all negotiations with the former Warsaw Pact states. And this was again the direction of the negotiations with all the states of the former USSR. Moscow has never objected to a state choosing its allies and possibly joining NATO. He always opposed it if joining NATO implied the installation of NATO armament stocks on its territory.
Moscow was not satisfied until 1999, when 30 OSCE member states signed the Istanbul Declaration, known as the “Charter for Security in Europe”, which lays down two major principles:
the right of each state to choose the allies of its choice and
the duty of each State not to threaten the security of others by ensuring its own.
It is the violation of these principles, and this alone, which has led to the Ukrainian conflict. This was the meaning of President Vladimir Putin's speech at the Munich Security Conference in 2007: he denounced the non-respect of OSCE commitments and the establishment of a "monopolar" governance of the world. .