CCP can do the same to any one that still has money invested in their scam. Xi at a stroke of the pen can do it. If your pension fund has investments in China...
Xi’s economic warfare:
Investors Lost Hundreds of Billions on China in July
American investors are asking whether China Inc. is still worth the risk following a widening series of regulatory crackdowns that have wiped some $400 billion off the value of U.S.-listed Chinese companies.
Investors ranging from pension fund Orange County Employees Retirement System in California to money manager William Blair & Co. are rethinking their portfolios following Beijing’s decision last week to curtail the operations of China’s for-profit tutoring industry along with its ongoing campaign to rein in tech companies. The moves fueled large declines across sectors of China’s stock markets and hammered Asia-focused funds stateside.
The investor retreat sent tutoring firm TAL Education Group ’s American depositary receipts down some 70% in a matter of days to $6.19 Friday morning. TAL traded above $90 in February. American depositary receipts, or ADRs, are certificates issued to U.S. investors that represent a specified number of shares in a foreign company.
Dr. Xiangguo Qiu – Chinese Biological Warfare Agent
October 1, 2019
Some snippets:
"Dr. Xiangguo Qiu is a Chinese biological warfare agent caught smuggling Coronavirus and other lethal viruses from Canada’s National Microbiology Laboratory to China in a case of a Biological Espionage."
"In July 2019, a rare event occurred in Canada, whereby a group of Chinese virologists were forcibly dispatched from the Canadian National Microbiology Laboratory (NML) in Winnipeg, a facility they worked in, running parts of the Special Pathogen Programme of Canada’s Public Health Agency. Experimental infections – including aerogenic ones – of monkeys with the most lethal viruses found on Planet Earth comprise nearly a routine therein."
"Four months earlier, a shipment of two exceptionally virulent viruses dealt with in the NML – Ebola and Nipah viruses – was on its way from NML, ended in China, and has thereafter been traced and regarded to be improper, specifically put as “possible policy breaches”, or rather but an “administrative issue”, ostensibly."
BY BYRON KING
POSTED
MAY 31, 2017
China’s Next Step to Destroy the Dollar
China is currently modifying the terms of its oil trade with Saudi Arabia. Specifically, China is working on a deal to pay for Saudi oil using Chinese yuan. This effort poses a direct threat to the security of the dollar.
If this China-Saudi deal happens — yuan for oil — it’s another step closer to the grave for the petrodollar, which has dominated global finance since 1974. You can revisit Jim Rickards article about the Assault on the Dollar, here.
To recap, the petrodollar is weakening because the dollar is losing power as the world’s reserve currency. This is similar to the way pounds sterling gradually fell out of favor during the decline of the British Empire. The decline may take a long time, but what we’re seeing today is another step in the death march of the dollar.
https://dailyreckoning.com/china-destroy-dollar/