A clash of civilizations? Certainly an odd juxtaposition; the people of the book, the covenant on Mt. Sinai with the people outside the pale of settlement with any monotheistic religion. But, on a social and cultural level, China is a country without any anti-Semitic tradition and the Holocaust is an almost abstract idea since it happened in lands thousands of miles distant. But the visit of Chinese premier Wen Jiabo to Auschwitz at the end of April is clearly significant; the first time a high ranking official of this stature has presented himself at those gates with “work will make you free” inscribed, putting the whole issue of the holocaust, human rights and how China can tranche the issue. The Nazis were a crime against humanity; which raises a number of questions about silence, complicity and our makeup. Ultimately, a visit to Auschwitz helps to open the valve about a dialog about human rights within the Chinese community while maintaining a level of restraint that would avoid throwing the nation into chaos. …
(see link at end) …Chinese Premier Wen Jiabao on Friday visited the Auschwitz concentration camp memorial in south Poland, mourning victims of World War II by laying a wreath.
The tragedy here was an unforgettable episode in human history, which is grievous and should be remembered forever, Wen told reporters at the Auschwitz-Birkenau State Museum, a memorial to those killed in World War II, which locates on the outskirts of the Krakow city.Only by always bearing history in mind can people build a bright future, he said, adding the catastrophe at the concentration camp was one of all humanity….
The tragedy also warned people against war, terror, genocide and all crimes, and encouraged them to fight for freedom, dignity, safety and well-being, Wen said.The nations, which waged war on others, need to reflect on their history, he stressed.Although the disaster was over, its lessons should be learnt by mankind forever, he added. Wen wrote on the guest book that: People can’t embrace a beautiful future without understanding history. Read More:http://news.xinhuanet.com/english/china/2012-04/28/c_123050216.htm
Ironically, China’s visit also casts a shadow on current German economic policy which is having a destructive impact on the so-called PIGS nations; they need to abandon their economic model as China has done, inflate their economy, raise wages and absorb imports to increase consumption. Its absurd that the trucks of German consumer goods pour into these states and they are coming back empty. There is a severe downfall in austerity measures in a democracy, the Greek fascist party being a sliver of the iceberg. We are now seeing the potential for national security issues to arise out of this financial instability; and the Chinese can play their wise cards and pick up European assets and control to some degree both ends of the export spectrum.
( see link at end) …By learning about the Holocaust in particular, where six million Jews perished, Chinese could know more than just stereotype
out Jewish people, and could also understand what was happening in Europe and why thousands of Jews fled to China during this time. An understanding of history would also give a broader sense of why a homeland in Israel is important to Jews.China was welcoming to those Jews who were able to make it to Shanghai’s free port, and the population flourished.
Ho Fengshan, former Chinese consul-general in Vienna, provided thousands of visas to Jews to allow them to leave Germany, and was recognized as one of the “Righteous among the Nations” by Israel in 2001. Jews also found a safe haven in Hong Kong, and prior to World War II, Russian Jews escaping pogroms made their home in the northern Chinese cities of Harbin and Tianjin, with Harbin at one time home to 20,000 Jews. The buildings used as synagogues still stand in those cities, and in Harbin there is a Jewish museum and the Jewish cemetery is still intact. Read More:http://www.globaltimes.cn/NEWS/tabid/99/ID/705292/Holocaust-education-would-strengthen-Chinese-Jewish-ties.aspx
“A lot can be done without alarming the U.S. or causing damage to the U.S. interest. A lot of what Israel is doing isn’t in offensive technology, such as homeland security,” Maor told The Media Line. “China and Israel are a perfect match when it comes to defense technology even if at the same time there are limits because of the China-Israel-U.S. triangle.”
After the U.S. botched the deals for Israel to build Phalcon airborne radar aircraft and upgrade Harpy drones, Jerusalem promised not to sell China defense technology or anything that might have dual military-civilian applications. But the Calcalist economic daily reported this week that Washington has approved IAI’s bid. Read More:http://www.jpost.com/DiplomacyAndPolitics/Article.aspx?id=228199
James Rickards:But the Fed is not the central bank buying gold. Asian and Russian central banks tend to be the ones buying gold as they do not hold enough relative to the size of their economies and paper money supply. For all its faults, the US has 8,000 tons of gold. China, which has an economy almost half our size and a money supply larger than ours, only has officially a little over 1,000 tons of gold. They have a fraction of our gold for an economy half as large. Clearly, the US is a gold giant while China is a gold pigmy.
If I were China, I would be buying all the gold as fast as I could. The problem comes with the market impact of the strong demand. You want to operate by stealth to avoid bidding up the price. You should operate by using agents, banks and other intermediaries to buy the gold for you so the market does not know it is you. It is a delicate game, and I do not blame the Chinese for playing it like they do. I think the central bank buying is not a contrarian indicator, but a very bullish indicator. The people who are buying are the people who do not have enough gold to begin with. They are trying desperately to increase their gold reserves to support the paper money supply. This tells me they think at some point the paper money system will break down.Read More:http://www.resourceinvestor.com/2012/02/14/james-rickards-gold-is-the-answer-to-currency-wars