By Mary Fanning and Alan Jones | The American Report | December 6, 2021
The United States can and should recoup $1.6 trillion in twentieth-century bond debt that China still legally owes to American citizens by immediately seizing ‘Chinese-owned’ property inside the United States, including American farmland purchased by Chinese interests, a Chinese-owned wind farm in Texas adjacent to Laughlin U.S. Air Force base, Chinese-owned businesses in the U.S. such as Smithfield Farms, and other Chinese-owned assets in the United States.
According to Fox Business “There’s international precedent for such a move: Prime Minister Margaret Thatcher ordered Beijing in 1987 to make good on the bonds owned by Brits or lose access to the British capital markets.”
In 1987 China’s government capitulated, and paid 23.5 million pounds to the British.
China is a malign actor and since 1987 has only become more so.
Red China is our adversary. China is not our ally. China is not our friend.
Red China is the same bad actor that released a bioweapon on America and the world and has yet to admit it.
In 1987, China repaid 23.5 million British pounds in debts owed to Britain, effectively establishing the validity of its debtor status.
According to Fox Business:
British Prime Minister Margaret Thatcher in 1987 ordered Beijing to pay Brits for their holdings or lose access to British capital markets, enticing then-Chinese President Li Xiannian’s government to reach a settlement of 23.5 million British pounds.
By paying some bondholders and not others, Beijing is technically in selective default, according to the ratings of bond-risk firms Moody’s, Standard & Poors and Fitch, and cannot access the international debt market until it pays the remaining holders.
“Until China pays, it cannot sell debt on the international market” according to [American Bondholder Foundation President] Jonna Bianco, Fox Business reported. This is “a basic fundamental of international finance,” Bianco said.
Bianco, who is representing thousands of U.S. bondholders, said making China repay its debt would “not be punishment.”
America pays its debts. Red China must be held to the same standards as the rest of the world.
A Chinese Company Acquired U.S. Pork Producer Smithfield Foods In 2013; The United States Could Seize Smithfield To Recoup Some Of China’s $1.6 Trillion Debt
In 2013, Chinese company Shuanghui Group, subsequently renamed WH Group, acquired U.S. pork producer Smithfield Foods. The Obama-Biden Administration’s Committee on Foreign Investment in the United States (CFIUS) approved the deal, ignoring serious national security concerns about surrendering a major U.S. food supplier to a communist adversary. Obama-Biden Administration’s CFIUS also approved the Uranium One and GULFTAINER PROJECT PELICAN deals which also continue to jeopardize U.S. national security.
PBS Newshour aired a September 12, 2014 segment titled “Who’s behind the Chinese takeover of world’s biggest pork producer?” The PBS transcript of the segment reads:
The takeover raised concerns the Chinese government was a hidden player in the deal. Some members of Congress wondered why Shuanghui group would pay more than Smithfield’s market value.
SEN. DEBBIE STABENOW, (D) Michigan: The Chinese paid a 30 percent premium. Very interesting. Not exactly the best business deal, so what’s really going on here? What really is it that this merger, this purchase, was all about?
Senator Debbie Stabenow heads the Senate Agriculture Committee. She says food is a strategic resource that should be as important to the U.S. government as oil.
SEN. DEBBIE STABENOW:
This isn’t just an acquisition of a company. It’s 25 percent of the pork industry in the United States.
Stabenow worried that the Smithfield takeover could signal a long-term threat to the vital American food industry.
According to a July 25, 2013 Reuters report, “U.S. lawmakers are concerned a Chinese company’s planned $4.7 billion acquisition of pork producer Smithfield Foods Inc could affect the safety and availability of heparin, a blood-thinner widely used in heart surgery and kidney dialysis that is derived from pig intestines.”
According to a July 20, 2021 report published by hematology/oncology journal Healio’s HemOnc Today, titled “Benefit of full-dose heparin for patients with COVID-19 warrants ‘new standard of care’”:
Early administration of full-dose heparin slowed the thrombo-inflammatory process and reduced the risk for severe disease and death among moderately ill hospitalized patients with COVID-19, according to a study published in MedRxiv.
The benefits of heparin — a blood thinner that prevents clots and reduces inflammation — for patients with COVID-19 came at the conclusion of the Rapid Response to the COVID-19 Pandemic (RAPID) trial, a multicenter, open-label, randomized trial conducted at 28 sites in six countries.
Texas Land Surreptitiously Purchased By Chinese Billionaire For Proposed ‘Wind Farm’ Adjacent To US Air Force Base Should Be Seized To Partially Recoup China’s $1.6 Trillion Debt Owed To America
British newspaper The Sunday Times reported in an October 3, 2021 article titled “Chinese wind farm spy fears”:
A massive wind farm project by a secretive Chinese billionaire with alleged military ties has provoked a political firestorm in Texas, where conservationists and lawmakers have united in a campaign to block the scheme.
Sun Guangxin, a property tycoon, has spent an estimated $110 million (£80 million) buying up swathes of land in Val Verde county, on the border with Mexico. Since 2016 Sun’s subsidiary companies have bought about 140,000 acres, with land allocated for the Blue Hills Wind development, a wind farm of 46 turbines, some 700 feet tall, set to plug into the Texas electricity grid.
Image: Wind turbines in California
Sun Guangxin’s property is adjacent to Laughlin Air Force Base and presents a serious national security risk.
According to an August 9, 2021 Forbes article titled “Why A Secretive Chinese Billionaire Bought 140,000 Acres Of Land In Texas”:
“What is a former PLA [official] doing in the middle of nowhere Texas, next to our Air Force base and our border, trying to plug directly into our electric grid?” says [Kyle] Bass. “Given the fragility of our grid that we’ve just seen, after the ice-pocalypse, I can’t find any single person in the Texas legislature that thinks it’s a good idea for a former Chinese [army captain] to plug directly into our power grid.”
Bass, Chief Investment Officer of Dallas-based Hayman Capital Management, further opined in The Epoch Times, “I find it curious that the wind values in the county are amongst the lowest in the entire state of Texas. If truly economic investors (as opposed to State-sponsored actors with alternative agendas) were to strategically place a windfarm investment, Val Verde County would be amongst the last places in the State of Texas due to its poor wind values.”
Bass went on to elaborate on “Sun Guangxin’s Obvious Ties to the Communist Party and of China’s Genocide and Crimes Against Humanity”:
“It has been widely reported that the Chinese Government has created concentration camps in or near the capital of the Xinjiang region of China. Upwards of three million ethnic Uyghurs have been ripped from the streets and forcibly placed into these camps. The United Kingdom has determined, through an extensive Tribunal (pdf) run by Sir Jeoffrey Nice QC, that these prisoners are having their organs harvested from their living bodies. Sun Guangxin and Guanghui Group control nearly two-thirds of the real estate market in Urumqi, the capital of Xinjiang. Some Chinese-language reports estimate that the conglomerate owns more than 50 percent of the real estate in the entire region. It is likely that given Sun’s deep party ties and his vast ownership of the real estate in Urumqi, that he and his company are tied to what the United States State Department has classified as Genocide and Crimes Against Humanity.”
Although Texas Governor Greg Abbott signed the “Lone Star Infrastructure Protection Act” on June 18, 2021, it remains unclear if that effort is sufficient to stop Guangxin’s ‘wind farm’ project. The Committee of Foreign Investment in the United States (CFIUS) approved Sun Guangxin’s proposed wind project, despite recent CFIUS legislation that prohibits foreign investments near U.S. military bases.
Guangxin’s proposed ‘wind farm’ was actually ‘purchased’ by the government of China, and is therefore eligible for court-ordered seizure in order to partially repoup the $1.6 trillion in twentieth-century bond debt that China still legally owes to American citizens.
The U.S. government could seize Guangxin’s land in Texas under eminent domain laws as part of a security buffer zone needed to protect a U.S. military installation, Laughlin Air Force Base.
Chinese Defense Minister General Chi Haotian’s Secret 2005 Speech To CCP Insiders About China’s War Plans And Colonization Of America
In December 2005, General-Chi-Haotian gave a secret speech to CCP elite party members about China’s War Plan and Colonization of America. Chi’s speech was first reported in the Epoch Times.
General Chi Haotian was the defense minister of China from 1993-2003. Chi was also vice chairman of the Chinese Communist Party’s Central Military Commission.
The Chinese Communist Party, reading the tea leaves, realized that they were overseeing a dying nation. The CCP then brought forward their sinister plan. The CCP’s plan was to conquer the United States, even if it meant killing 100 to 200 million Americans. In the CCP’s predatory view, this was a brutal necessity and the only path forward in order to secure a ‘Chinese Century’ to dominate the globe.
Knowing this, any American official who is collaborating with the CCP should be charged with treason. The United States must not be complicit in its own demise. Dr. Anthony Fauci and those who funded China’s bioweapons laboratory in Wuhan must be held to account.
America’s elected officials are there to protect the nation, not to cut deals with the CCP.
The aggressive cancer that is the CCP must be forcefully removed from the United States. That includes the removal of all CCP Confucius Institutes, the immediate cancellation of all U.S. government financing of CCP biowarfare laboratories, and the removal of CCP scientists who have infiltrated U.S. research universities and U.S. military laboratories.
Appeasement did not work in the 1930s. It is not working now. Those who do not know history are doomed to repeat it.
Gordon Chang noted that Chinese propaganda mouthpiece People’s Daily considers America to be China’s enemy.
Chang wrote in a September 7, 2021 Newsweek opinion piece:
In May 2019, People’s Daily declared a “people’s war” on America…
… Now, unlike Mao, Xi has the power to plunge the world into war—and he apparently feels the need to have an enemy to explain away China’s myriad failures. Whether they like it or not, Americans are now that enemy.
When someone tells you they want to kill you, believe them.
COPYRIGHT 2021 MARY FANNING AND ALAN JONES