Speculation and suspicion abounds about billionaire, philanthropist, political activist, and U.S. citizen George Soros. One reason he is viewed by many as anti-american is his openly stated belief that the supremacy of the United States has become a threat to world peace and human survival. Regarding funding rioters, his OSF organization https://www.opensocietyfoundations.org/ disavows any rioting but acknowledges giving hundreds of millions of dollars to the groups who are associated with the riots.
To expand your background, please read these three articles to understand the mindset of George Soros and his influence in the world:
1. A 1995 interview is a very long article but very insightful. It’s like a mini biography. You’ll learn how in 1992 he made $2B by breaking the Bank of England, why most thought doing so was despicable, and how he leveraged his fame to get meetings with political leaders like President Bill Clinton. It is filled with insights as to how he made his fortune, how others in his inner circle view him, and numerous events that shaped his life. He talked about harboring messianic illusions—what he describes as a sense of himself as superhuman—since childhood.
2. A 2003 interview about his attempt to prevent President Bush’s reelection as “a matter of life and death.” He opposed President Bush declaring war on terror in response to the deadliest terrorist attack in history when 2,977 people died on 9/11/2001.
3. A July 17, 2020 NY Times article - Soros supports Racial Justice groups about the announcement that his Open Society Foundation is investing $220 million to assure several Black-led racial groups can continue for at least five years. The donation will “reshape the landscape of Black political and civil rights organizations, and signals the extent to which race and identity have become the explicit focal point of American politics in recent years, with no sign of receding…Mr. Soros, who has at times faced smears and anti-Semitism over his role as a liberal megadonor, is also positioning his foundation near the forefront of the protest movement.”
Here is an excerpt from the 2003 interview that further explains his opposition to Bush:
Soros's Deep Pockets vs. Bush
George Soros, one of the world's richest men, has given away nearly $5 billion to promote democracy in the former Soviet bloc, Africa and Asia. Now he has a new project: defeating President Bush.
"It is the central focus of my life," Soros said, his blue eyes settled on an unseen target. The 2004 presidential race, he said in an interview, is "a matter of life and death."
Soros, who has financed efforts to promote open societies in more than 50 countries around the world, is bringing the fight home, he said. On Monday, he and a partner committed up to $5 million to MoveOn.org, a liberal activist group, bringing to $15.5 million the total of his personal contributions to oust Bush.
Overnight, Soros, 74, has become the major financial player of the left. He has elicited cries of foul play from the right. And with a tight nod, he pledged: "If necessary, I would give more money."
"America, under Bush, is a danger to the world," Soros said. Then he smiled: "And I'm willing to put my money where my mouth is."
Soros believes that a "supremacist ideology" guides this White House. He hears echoes in its rhetoric of his childhood in occupied Hungary. "When I hear Bush say, 'You're either with us or against us,' it reminds me of the Germans." It conjures up memories, he said, of Nazi slogans on the walls, Der Feind Hort mit ("The enemy is listening"). "My experiences under Nazi and Soviet rule have sensitized me," he said in a soft Hungarian accent.
Soros's contributions are filling a gap in Democratic Party finances that opened after the restrictions in the 2002 McCain-Feingold law took effect. In the past, political parties paid a large share of television and get-out-the-vote costs with unregulated "soft money" contributions from corporations, unions and rich individuals. The parties are now barred from accepting such money. But non-party groups in both camps are stepping in, accepting soft money and taking over voter mobilization.
George Soros made his fortune operating one of the most successful hedge funds in the history of investing, averaging a 30% return every year. At that rate a $1000 investment is worth over $4 million after 31 years.
He was born Györgyin Schwartz in Budapest, Hungary in 1930 and his family survived the 11 month German-occupation of that country before moving to the United Kingdom in 1947. He idolized his father Tivador who helped a lot of people during WWII. He put himself through the London School of Economics and eventually earned a Master’s degree in philosophy.
His career in the financial world began as a stock broker and in the early 70’s formed Soros Fund Management, later known as the Quantum Fund. George started his philanthropy in 1979 when over 400 million people lived under communist rule in the Soviet Bloc and apartheid was firmly entrenched in South Africa. His organization has helped transition countries to democracy and his concept of a civil society is where no one is oppressed and dissenters have a voice. Soros started “open society” foundations, first in Hungary, followed by China, in 1986; the Soviet Union, in 1987; and Poland, in 1988.
This insightful excerpt is from the 1995 article, “He began establishing new foundations at a furious pace in the formerly Communist countries—sixteen between 1990 and 1992. The regimes in some of these countries were still blatantly repressive, and the foundations’ role was not very different from that of the earlier, pre-1989 foundations. But in other places the difference was night and day. Whereas in the past Soros’s strategy in these closed societies had been to nurture the weak and subvert the powerful, now everything was up for grabs. Soros could, in some instances, perhaps help decide who would be the powerful—and he could shape these emerging societies not from the bottom but from the top.”
The Open Society Foundations (OSF) has facilities in 37 countries giving it the largest collective footprint of all philanthropic organizations. It was formerly called the Open Society Institute. Wikipedia defines OSF as “an international grantmaking network founded by business magnate George Soros. Open Society Foundations financially support civil society groups around the world, with a stated aim of advancing justice, education, public health and independent media.”
George Soros turned 90 on August 12, 2020. Wikipedia reports his wealth at $8 billion and that he has given an estimated $34 billion to OSF, about $15 billion of which has been distributed.
It was September 16, 1992, that became known as “Black Wednesday” when Soros made $2B by causing a run on the Bank of England. It was quite a feat that devalued the savings of millions of hardworking people from all over Europe and reached all the way to Japan. https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp
Similarly, in January 1997 Sorros’ hedge fund short-sold Thailand’s currency, the Baht, and before long the Bank of Thailand failed which sent multiple regional currencies in a tailspin. Once again the resultant economic downturns were damaging to millions of hardworking people. The pattern here is the rich get richer and the poor get poorer.
Soros has remained critical of our conservative political leaders and donates large amounts of money to promote progressive ideals and candidates at national, state, and local levels, especially prosecutors who are far-left candidates who will be soft-on-crime to keep crime rates on the rise and violent criminals walking free. For example, he openly funds organizations supportive of defunding police. He has people in Britain furious who accuse him of trying to sabotage Brexit.
see Brits are Furious
The most successful revolutionary movements have applied pressure both from below and from above. “From below” means at the grassroots level to create the illusion the movement has popular support. Mainstream media and social media play a big part in creating such illusions by limiting honest debate and reporting bogus poll results. Throughout history, publicity has been sought by staging strikes, holding rallies, circulating petitions, and making threats. It is then accentuated and accelerated using violence designed to intimidate law enforcement (riots, burning, looting) plus committing random acts of sabotage and terror to make people feel unsafe, fearful, and uncertain about the future. This is combined with placing pressure “from above” designed to coerce elected leaders into supporting measures that takes liberties away from the majority and empowers the extremist groups. Each legislative win is followed by more demands for even stronger legislation, which is relentlessly pursued by the extremists who claim that they are acting out the will of the people. But that is why we have elections, to know the will of the people… and that is why revolutionaries must do everything in their power to try to steal or discredit the elections.
Remember that tyrants don’t debate their opponents, they silence and punish those who oppose their revolution.
To expand your background, please read these three articles to understand the mindset of George Soros and his influence in the world:
1. A 1995 interview is a very long article but very insightful. It’s like a mini biography. You’ll learn how in 1992 he made $2B by breaking the Bank of England, why most thought doing so was despicable, and how he leveraged his fame to get meetings with political leaders like President Bill Clinton. It is filled with insights as to how he made his fortune, how others in his inner circle view him, and numerous events that shaped his life. He talked about harboring messianic illusions—what he describes as a sense of himself as superhuman—since childhood.
2. A 2003 interview about his attempt to prevent President Bush’s reelection as “a matter of life and death.” He opposed President Bush declaring war on terror in response to the deadliest terrorist attack in history when 2,977 people died on 9/11/2001.
3. A July 17, 2020 NY Times article - Soros supports Racial Justice groups about the announcement that his Open Society Foundation is investing $220 million to assure several Black-led racial groups can continue for at least five years. The donation will “reshape the landscape of Black political and civil rights organizations, and signals the extent to which race and identity have become the explicit focal point of American politics in recent years, with no sign of receding…Mr. Soros, who has at times faced smears and anti-Semitism over his role as a liberal megadonor, is also positioning his foundation near the forefront of the protest movement.”
Here is an excerpt from the 2003 interview that further explains his opposition to Bush:
Soros's Deep Pockets vs. Bush
George Soros, one of the world's richest men, has given away nearly $5 billion to promote democracy in the former Soviet bloc, Africa and Asia. Now he has a new project: defeating President Bush.
"It is the central focus of my life," Soros said, his blue eyes settled on an unseen target. The 2004 presidential race, he said in an interview, is "a matter of life and death."
Soros, who has financed efforts to promote open societies in more than 50 countries around the world, is bringing the fight home, he said. On Monday, he and a partner committed up to $5 million to MoveOn.org, a liberal activist group, bringing to $15.5 million the total of his personal contributions to oust Bush.
Overnight, Soros, 74, has become the major financial player of the left. He has elicited cries of foul play from the right. And with a tight nod, he pledged: "If necessary, I would give more money."
"America, under Bush, is a danger to the world," Soros said. Then he smiled: "And I'm willing to put my money where my mouth is."
Soros believes that a "supremacist ideology" guides this White House. He hears echoes in its rhetoric of his childhood in occupied Hungary. "When I hear Bush say, 'You're either with us or against us,' it reminds me of the Germans." It conjures up memories, he said, of Nazi slogans on the walls, Der Feind Hort mit ("The enemy is listening"). "My experiences under Nazi and Soviet rule have sensitized me," he said in a soft Hungarian accent.
Soros's contributions are filling a gap in Democratic Party finances that opened after the restrictions in the 2002 McCain-Feingold law took effect. In the past, political parties paid a large share of television and get-out-the-vote costs with unregulated "soft money" contributions from corporations, unions and rich individuals. The parties are now barred from accepting such money. But non-party groups in both camps are stepping in, accepting soft money and taking over voter mobilization.
George Soros made his fortune operating one of the most successful hedge funds in the history of investing, averaging a 30% return every year. At that rate a $1000 investment is worth over $4 million after 31 years.
He was born Györgyin Schwartz in Budapest, Hungary in 1930 and his family survived the 11 month German-occupation of that country before moving to the United Kingdom in 1947. He idolized his father Tivador who helped a lot of people during WWII. He put himself through the London School of Economics and eventually earned a Master’s degree in philosophy.
His career in the financial world began as a stock broker and in the early 70’s formed Soros Fund Management, later known as the Quantum Fund. George started his philanthropy in 1979 when over 400 million people lived under communist rule in the Soviet Bloc and apartheid was firmly entrenched in South Africa. His organization has helped transition countries to democracy and his concept of a civil society is where no one is oppressed and dissenters have a voice. Soros started “open society” foundations, first in Hungary, followed by China, in 1986; the Soviet Union, in 1987; and Poland, in 1988.
This insightful excerpt is from the 1995 article, “He began establishing new foundations at a furious pace in the formerly Communist countries—sixteen between 1990 and 1992. The regimes in some of these countries were still blatantly repressive, and the foundations’ role was not very different from that of the earlier, pre-1989 foundations. But in other places the difference was night and day. Whereas in the past Soros’s strategy in these closed societies had been to nurture the weak and subvert the powerful, now everything was up for grabs. Soros could, in some instances, perhaps help decide who would be the powerful—and he could shape these emerging societies not from the bottom but from the top.”
The Open Society Foundations (OSF) has facilities in 37 countries giving it the largest collective footprint of all philanthropic organizations. It was formerly called the Open Society Institute. Wikipedia defines OSF as “an international grantmaking network founded by business magnate George Soros. Open Society Foundations financially support civil society groups around the world, with a stated aim of advancing justice, education, public health and independent media.”
George Soros turned 90 on August 12, 2020. Wikipedia reports his wealth at $8 billion and that he has given an estimated $34 billion to OSF, about $15 billion of which has been distributed.
It was September 16, 1992, that became known as “Black Wednesday” when Soros made $2B by causing a run on the Bank of England. It was quite a feat that devalued the savings of millions of hardworking people from all over Europe and reached all the way to Japan. https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp
Similarly, in January 1997 Sorros’ hedge fund short-sold Thailand’s currency, the Baht, and before long the Bank of Thailand failed which sent multiple regional currencies in a tailspin. Once again the resultant economic downturns were damaging to millions of hardworking people. The pattern here is the rich get richer and the poor get poorer.
Soros has remained critical of our conservative political leaders and donates large amounts of money to promote progressive ideals and candidates at national, state, and local levels, especially prosecutors who are far-left candidates who will be soft-on-crime to keep crime rates on the rise and violent criminals walking free. For example, he openly funds organizations supportive of defunding police. He has people in Britain furious who accuse him of trying to sabotage Brexit.
see Brits are Furious
The most successful revolutionary movements have applied pressure both from below and from above. “From below” means at the grassroots level to create the illusion the movement has popular support. Mainstream media and social media play a big part in creating such illusions by limiting honest debate and reporting bogus poll results. Throughout history, publicity has been sought by staging strikes, holding rallies, circulating petitions, and making threats. It is then accentuated and accelerated using violence designed to intimidate law enforcement (riots, burning, looting) plus committing random acts of sabotage and terror to make people feel unsafe, fearful, and uncertain about the future. This is combined with placing pressure “from above” designed to coerce elected leaders into supporting measures that takes liberties away from the majority and empowers the extremist groups. Each legislative win is followed by more demands for even stronger legislation, which is relentlessly pursued by the extremists who claim that they are acting out the will of the people. But that is why we have elections, to know the will of the people… and that is why revolutionaries must do everything in their power to try to steal or discredit the elections.
Remember that tyrants don’t debate their opponents, they silence and punish those who oppose their revolution.
China Research Notes - Part 3
contact: bill.carico@gmail.com 434-426-2287 m
Note: Since beginning my IT career in 1973, I've guided over 1500 clients in making the best choices. The two most frequent users of my investigative research are IBM, who over an 8 year stretch from 1992 to 2000 had me speak at over 50 events spanning 5 contents. My other most active customer has been the The Government of Canada including their departments of Public Works, Defense, DOC, Health, and Treasury.
--------------------------
Why China Started the Covid19 Pandemic
Since President Trump took office in January of 2017 China has remained the world’s second largest economic power and is close to overtaking the U.S.
When President Trump took office, China’s leading telecom companies, state-owned Huawei and ZTE, were well on their way to dominating the world 5G network market. Telecom is at the heart of the Chinese strategy to achieve world-wide technological superiority by 2025. However, President Trump has put roadblocks in place that threaten China’s very existence, the most recent action being taken May 15, 2020 attempting to block global chip makers from shipping computer components to China.
China has experienced a number of similar setbacks during Trump’s first two years in office. For example, President Trump first persuaded allies Italy and the UK, that technology provided by Huawei and ZTE could not be trusted. Italy cancelled a signed contract with Huawei to build their entire 5G network. The UK also scaled back their plans to use Huawei. Trump is trying to make all countries aware of China’s imminent threat.
The May 2020 executive order was a renewal of one implemented the previous year. Since May of 2019 U.S. companies have been barred from using telecommunications equipment made by firms that could pose a national security risk. In all, there were 114 firms blacklisted, and many were Huawei and ZTE affiliates.
Dependency on the US supply chain has become China’s Achilles heel, and tensions between the US and China are at an all time high.
A second Trump term at a minimum would be devastating to China’s technology roadmap and cause its 5G plans to unravel, but if he can persuade enough countries to go against communist China it could threaten the very existence of the Chinese Communist Party (CCP).
Taking a Closer Look
China has created multiple state-owned companies that compete in markets world wide. Two of these, ZTE (created in 1985) and Huawei (1987), are telecom manufacturers of both infrastructure equipment and smartphones.
State-owned means the real owner is the CCP even though they claim they are employee-owned, but they aren't fooling anybody who knows the track record of the CCP.
The Huawei website states:
“Huawei is an independent, privately-held company. We are not owned or controlled by, nor affiliated with the government, or any other 3rd party corporation. In fact, Huawei is owned by our employees through an Employee Stock Ownership Program (ESOP) that has been in place since the beginning. No one can own a share without working at Huawei, and as of 2018 there were 96,768 shareholding employees. Our founder, Ren Zhengfei, owns a 1.14% stake in the company. Shares confer voting rights. Shareholding employees elect members to form a Representatives' Commission, getting one vote for each share held. Then the Commission elects the company’s Board of Directors and Supervisory Board. At the last election in January 2019, 86,514 shareholding employees voted to elect 115 representatives at 416 polling stations around the world. Employee-ownership is instrumental to our rapid growth. Over the years, it has offered an incentive to our loyal employees and helped us attract talented people. Unlike many publicly-owned companies, Huawei’s decisions are not based on the need for quarterly returns and annual dividends." see: https://www.huawei.com/us/about-huawei/corporate-governance/corporate-governance for more info
Please watch this 2 minute Huawei sales video for 5G networks that promotes putting communist built and managed technology into every home in the world: https://carrier.huawei.com/en/spotlight/5g
.
It appears if the price is right, buyers don’t mind that they are contracting with the Fox to guard the hen house. Being generously subsidized by the CCP, State-owned Chinese companies set product prices 20% to 40% below their international competitors. In a deal with Mexico, on top of the standard deep discounts, Huawei offered Mexico a 1% loan in return for being allowed to build out 80% of Mexico's 5G infrastructure.
As of May 2020 Huawei is still working with prominent telecom companies including British Telecom (BT), Vodafone, Orange, and T-Mobile. As mentioned previously, Huawei’s Achilles heel is its product manufacturing that is totally dependent on obtaining technology and parts from a number of U.S. companies. If access to it’s U.S supply chain goes away it would be catastrophic for China and could even threaten its existence, and that is what Trump is currently using for leverage in his dealings with China.
Here are a few more details regarding how Trump stopped China's telecom juggernaut:
(remember President Trump took the oath of office in Jan 2017)
March 2017 - ZTE pled guilty to illegally exporting U.S. technology to Iran and North Korea in violation of trade sanctions, and was fined by the US Dept of Commerce a total of US$1.19 billion... the largest fine ever imposed by the USA for export violations.
Jan 2019 - the USA filed an indictment against Huawei Technologies for the systematic theft of intellectual property and some other offenses.
Huawei was founded in 1987 and it took 22 years (2009) to land its breakout contract - building a 4G network in Norway. Since then Huawei has expanded operations to more than 170 countries and has signed more than 60 contracts for 5G with international carriers.
Security Flaws Discovered
Security companies and US intelligence agencies have examined Chinese products found backdoors in Huawei’s code along with other security flaws. That's why the US warned allies that the Chinese were positioning to conduct cyber-espionage worldwide. As a result, the US Congress banned the use of Huawei products in federal projects.
Feb 2019 - Italy, who had already closed the deal to have Huawei build their 5G infrastructure, backed out and canceled the contracts, citing strong pressure from the United States. Italy refused to pay China penalties for cancellation, and announced it would ban both Huawei and ZTE from playing a role in the 5G rollout. After Italy embarrassed China on the international stage, exactly one year later Italy became one of first and hardest hit countries by Covid-19.
Aug. 18, 2019: The UK is still on the fence about using Huawei, so President Trump applies more pressure on UK to not do business with Huawei, again raising the "national security threat".
Even though the US exposed Huawei as a threat to the national security of anyone using their products, the UK hesitated for financial reasons. The UK already had so much Huawei equipment in their 4G infrastructure that it would cost a fortune to replace it, so they ended up doing a partial ban, agreeing no Huawei equipment could be used in the core infrastructure, only in the towers.
Overall, the USA, Australia, New Zealand, and Japan also banned Huawei from their respective countries.
Jan 2020 – Huawei forecasted a difficult year ahead.
Since Trump has just survived impeachment and the democrats looking weak, anything that could destroy the US economy could also remove Trump from office.
April 2020 - Contrary to its grim business forecast regularly fed to analysts, Huawei still managed to show 1Q revenue growth of 1.4% year over year despite the Covid-19 pandemic.
Huawei (37%) and Ericsson are the current market leaders for 5G infrastructure called "the mobile core." In 2019 only 19 million 5G capable phones total were sold, of which Huawei sold almost 7 million...barely edging out Samsung as the top seller. Nokia and Ericsson are the other main competitors from Europe and Cisco, Qualcomm, and Juniper Networks are in the US.
Other Technology Fronts
In addition to 5G networks, China has a strong presence on a number of technology fronts. China is heavily invested into Artificial Intelligence (AI) and well positioned to dominate the software market for self-driving cars. They are leading the industry in facial recognition capabilities and already have millions of video cameras in place to track movements and activities of their citizens and rank them according to their compliance. Watch this 10 minute video from Bloomberg https://www.youtube.com/watch?v=ydPqKhgh9Mg which includes a segment interviewing foreign workers. One worker from Australia reported having jay walked and 20 seconds later a fine was withdrawn from his Wechat account. Here is a segment of the video transcript including timestamps:
03:50 Narrator:
[referring to finding QR codes on everything:} “America laughed these things off years ago, but here, they run the entire economy. Cash and credit cards are history. Instead you scan QR codes to pay for everything: restaurants, groceries, even buskers. On the surface this is all good. It's the easy, convenient mobile payment system of the future. But there's also a dark side. The Chinese government can peer into the two dominant payment systems, AliPay and WeChat, as it sees fit. It's already started tracking behavior as part of a plan to rank citizens and measure how good and obedient they are. The tech revolution may have brought prosperity to Shenzhen but it's also brought more and more insidious intrusions into people's lives. To dig deeper into life under the Chinese deep state, I've assembled a team of extraordinary foreigners who work at tech startups in Shenzhen.
Hopefully a few beers will encourage them to open up about their thought crimes.
[Host asks the group of several young men:] “Living in a very tightly regulated Communist country - does that bother you, or you don't care?
05:17 [Answers from the young men:] “The presumption at least that I got before I came from Australia was sort of like moving into a sort of like a militarized state, like things are going to be really intense. But like, you take a beer, just like walk down the road, hang out in the park, fine. Do that back in my hometown in Australia, like, straight to the cop-house.
05:30 [person 2] But then, play spikeball on the grass, and then all of a sudden the cops come and stop you.
05:36 Narrator: Well and you got, you jaywalked and you had facial recognition?
05:41 [person 3]... So I was jaywalking in Nanxian. And all of a sudden I got a fine to my WeChat.
05:48 Was it instant?
05:48 It was about 20 seconds after, I guess. I had money in my balance and it just went straight out.
05:54 This is just for the one thing - it just came straight out.
05:59 Didn't even authorize it. That's crazy.
06:02 It's true. Try to jaywalk in certain parts of Shenzhen, and the government's facial recognition will spot you. There's even a board of shame, showing the faces of recent offenders.
I'm surprised and very very worried that they have your face in the facial recognition - like, the facial recognition system. But they have everyone's though. When you go across the border they take that picture, exactly, yeah. So it's all in the system, they know where you are.That's scary.
06:28 [Narrator] It gets even scarier. Because big brother is watching what you do online too.
06:36 Most of the websites we know and love are blocked in China, replaced with Chinese equivalents that the government can monitor: a sort of mirror universe internet.
.(end of video transcript excerpt)
Please feel free to share this info, and contact me to request a copy of the full research report, which is free.
==============================
Part 4 is about the Power of Propaganda and China’s secret plan to replace America
Part 5 is about my findings from examining some of the more plausible claims of corruption in diagnosing and inaccuracies reporting Covid-19
Part 6 is my report on accumulating reliable info on Covid-19 from people who have contracted it and/or who can provide trustworthy information about someone they know who has had it..
======= end of Part 3 ===============================================
contact: bill.carico@gmail.com 434-426-2287 m
Note: Since beginning my IT career in 1973, I've guided over 1500 clients in making the best choices. The two most frequent users of my investigative research are IBM, who over an 8 year stretch from 1992 to 2000 had me speak at over 50 events spanning 5 contents. My other most active customer has been the The Government of Canada including their departments of Public Works, Defense, DOC, Health, and Treasury.
--------------------------
Why China Started the Covid19 Pandemic
Since President Trump took office in January of 2017 China has remained the world’s second largest economic power and is close to overtaking the U.S.
When President Trump took office, China’s leading telecom companies, state-owned Huawei and ZTE, were well on their way to dominating the world 5G network market. Telecom is at the heart of the Chinese strategy to achieve world-wide technological superiority by 2025. However, President Trump has put roadblocks in place that threaten China’s very existence, the most recent action being taken May 15, 2020 attempting to block global chip makers from shipping computer components to China.
China has experienced a number of similar setbacks during Trump’s first two years in office. For example, President Trump first persuaded allies Italy and the UK, that technology provided by Huawei and ZTE could not be trusted. Italy cancelled a signed contract with Huawei to build their entire 5G network. The UK also scaled back their plans to use Huawei. Trump is trying to make all countries aware of China’s imminent threat.
The May 2020 executive order was a renewal of one implemented the previous year. Since May of 2019 U.S. companies have been barred from using telecommunications equipment made by firms that could pose a national security risk. In all, there were 114 firms blacklisted, and many were Huawei and ZTE affiliates.
Dependency on the US supply chain has become China’s Achilles heel, and tensions between the US and China are at an all time high.
A second Trump term at a minimum would be devastating to China’s technology roadmap and cause its 5G plans to unravel, but if he can persuade enough countries to go against communist China it could threaten the very existence of the Chinese Communist Party (CCP).
Taking a Closer Look
China has created multiple state-owned companies that compete in markets world wide. Two of these, ZTE (created in 1985) and Huawei (1987), are telecom manufacturers of both infrastructure equipment and smartphones.
State-owned means the real owner is the CCP even though they claim they are employee-owned, but they aren't fooling anybody who knows the track record of the CCP.
The Huawei website states:
“Huawei is an independent, privately-held company. We are not owned or controlled by, nor affiliated with the government, or any other 3rd party corporation. In fact, Huawei is owned by our employees through an Employee Stock Ownership Program (ESOP) that has been in place since the beginning. No one can own a share without working at Huawei, and as of 2018 there were 96,768 shareholding employees. Our founder, Ren Zhengfei, owns a 1.14% stake in the company. Shares confer voting rights. Shareholding employees elect members to form a Representatives' Commission, getting one vote for each share held. Then the Commission elects the company’s Board of Directors and Supervisory Board. At the last election in January 2019, 86,514 shareholding employees voted to elect 115 representatives at 416 polling stations around the world. Employee-ownership is instrumental to our rapid growth. Over the years, it has offered an incentive to our loyal employees and helped us attract talented people. Unlike many publicly-owned companies, Huawei’s decisions are not based on the need for quarterly returns and annual dividends." see: https://www.huawei.com/us/about-huawei/corporate-governance/corporate-governance for more info
Please watch this 2 minute Huawei sales video for 5G networks that promotes putting communist built and managed technology into every home in the world: https://carrier.huawei.com/en/spotlight/5g
.
It appears if the price is right, buyers don’t mind that they are contracting with the Fox to guard the hen house. Being generously subsidized by the CCP, State-owned Chinese companies set product prices 20% to 40% below their international competitors. In a deal with Mexico, on top of the standard deep discounts, Huawei offered Mexico a 1% loan in return for being allowed to build out 80% of Mexico's 5G infrastructure.
As of May 2020 Huawei is still working with prominent telecom companies including British Telecom (BT), Vodafone, Orange, and T-Mobile. As mentioned previously, Huawei’s Achilles heel is its product manufacturing that is totally dependent on obtaining technology and parts from a number of U.S. companies. If access to it’s U.S supply chain goes away it would be catastrophic for China and could even threaten its existence, and that is what Trump is currently using for leverage in his dealings with China.
Here are a few more details regarding how Trump stopped China's telecom juggernaut:
(remember President Trump took the oath of office in Jan 2017)
March 2017 - ZTE pled guilty to illegally exporting U.S. technology to Iran and North Korea in violation of trade sanctions, and was fined by the US Dept of Commerce a total of US$1.19 billion... the largest fine ever imposed by the USA for export violations.
Jan 2019 - the USA filed an indictment against Huawei Technologies for the systematic theft of intellectual property and some other offenses.
Huawei was founded in 1987 and it took 22 years (2009) to land its breakout contract - building a 4G network in Norway. Since then Huawei has expanded operations to more than 170 countries and has signed more than 60 contracts for 5G with international carriers.
Security Flaws Discovered
Security companies and US intelligence agencies have examined Chinese products found backdoors in Huawei’s code along with other security flaws. That's why the US warned allies that the Chinese were positioning to conduct cyber-espionage worldwide. As a result, the US Congress banned the use of Huawei products in federal projects.
Feb 2019 - Italy, who had already closed the deal to have Huawei build their 5G infrastructure, backed out and canceled the contracts, citing strong pressure from the United States. Italy refused to pay China penalties for cancellation, and announced it would ban both Huawei and ZTE from playing a role in the 5G rollout. After Italy embarrassed China on the international stage, exactly one year later Italy became one of first and hardest hit countries by Covid-19.
Aug. 18, 2019: The UK is still on the fence about using Huawei, so President Trump applies more pressure on UK to not do business with Huawei, again raising the "national security threat".
Even though the US exposed Huawei as a threat to the national security of anyone using their products, the UK hesitated for financial reasons. The UK already had so much Huawei equipment in their 4G infrastructure that it would cost a fortune to replace it, so they ended up doing a partial ban, agreeing no Huawei equipment could be used in the core infrastructure, only in the towers.
Overall, the USA, Australia, New Zealand, and Japan also banned Huawei from their respective countries.
Jan 2020 – Huawei forecasted a difficult year ahead.
Since Trump has just survived impeachment and the democrats looking weak, anything that could destroy the US economy could also remove Trump from office.
April 2020 - Contrary to its grim business forecast regularly fed to analysts, Huawei still managed to show 1Q revenue growth of 1.4% year over year despite the Covid-19 pandemic.
Huawei (37%) and Ericsson are the current market leaders for 5G infrastructure called "the mobile core." In 2019 only 19 million 5G capable phones total were sold, of which Huawei sold almost 7 million...barely edging out Samsung as the top seller. Nokia and Ericsson are the other main competitors from Europe and Cisco, Qualcomm, and Juniper Networks are in the US.
Other Technology Fronts
In addition to 5G networks, China has a strong presence on a number of technology fronts. China is heavily invested into Artificial Intelligence (AI) and well positioned to dominate the software market for self-driving cars. They are leading the industry in facial recognition capabilities and already have millions of video cameras in place to track movements and activities of their citizens and rank them according to their compliance. Watch this 10 minute video from Bloomberg https://www.youtube.com/watch?v=ydPqKhgh9Mg which includes a segment interviewing foreign workers. One worker from Australia reported having jay walked and 20 seconds later a fine was withdrawn from his Wechat account. Here is a segment of the video transcript including timestamps:
03:50 Narrator:
[referring to finding QR codes on everything:} “America laughed these things off years ago, but here, they run the entire economy. Cash and credit cards are history. Instead you scan QR codes to pay for everything: restaurants, groceries, even buskers. On the surface this is all good. It's the easy, convenient mobile payment system of the future. But there's also a dark side. The Chinese government can peer into the two dominant payment systems, AliPay and WeChat, as it sees fit. It's already started tracking behavior as part of a plan to rank citizens and measure how good and obedient they are. The tech revolution may have brought prosperity to Shenzhen but it's also brought more and more insidious intrusions into people's lives. To dig deeper into life under the Chinese deep state, I've assembled a team of extraordinary foreigners who work at tech startups in Shenzhen.
Hopefully a few beers will encourage them to open up about their thought crimes.
[Host asks the group of several young men:] “Living in a very tightly regulated Communist country - does that bother you, or you don't care?
05:17 [Answers from the young men:] “The presumption at least that I got before I came from Australia was sort of like moving into a sort of like a militarized state, like things are going to be really intense. But like, you take a beer, just like walk down the road, hang out in the park, fine. Do that back in my hometown in Australia, like, straight to the cop-house.
05:30 [person 2] But then, play spikeball on the grass, and then all of a sudden the cops come and stop you.
05:36 Narrator: Well and you got, you jaywalked and you had facial recognition?
05:41 [person 3]... So I was jaywalking in Nanxian. And all of a sudden I got a fine to my WeChat.
05:48 Was it instant?
05:48 It was about 20 seconds after, I guess. I had money in my balance and it just went straight out.
05:54 This is just for the one thing - it just came straight out.
05:59 Didn't even authorize it. That's crazy.
06:02 It's true. Try to jaywalk in certain parts of Shenzhen, and the government's facial recognition will spot you. There's even a board of shame, showing the faces of recent offenders.
I'm surprised and very very worried that they have your face in the facial recognition - like, the facial recognition system. But they have everyone's though. When you go across the border they take that picture, exactly, yeah. So it's all in the system, they know where you are.That's scary.
06:28 [Narrator] It gets even scarier. Because big brother is watching what you do online too.
06:36 Most of the websites we know and love are blocked in China, replaced with Chinese equivalents that the government can monitor: a sort of mirror universe internet.
.(end of video transcript excerpt)
Please feel free to share this info, and contact me to request a copy of the full research report, which is free.
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Part 4 is about the Power of Propaganda and China’s secret plan to replace America
Part 5 is about my findings from examining some of the more plausible claims of corruption in diagnosing and inaccuracies reporting Covid-19
Part 6 is my report on accumulating reliable info on Covid-19 from people who have contracted it and/or who can provide trustworthy information about someone they know who has had it..
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