Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 12:42pm On Apr 06, 2012*. Modified: 12:59pm On Apr 06, 2012 |
why dont you just do yourself a favour by hitting the a google search to see tons of alternative chinese products with roots in china? like I earlier said, no country can lay claim to monopoly of invention or knowledge. My musings is that China has brought more good to us in africa and nigeria, than the US. I went ahead to provide list of things that transform my life and nigerians in general only for you to start mentioning coca cola  . we are not comparing superiority of china to US, rather looking at which of the country benefits nigeria/ns the more!!!
faithin9ja: [color=#006600][/color]
Bang on Point. the argument had descended into what has America do for anyone in Africa and this ignorant fellow decided to list the electronics in his house that were made in China, what I don't if the items were China like Chygo air conditioner, tiger gen & Tecno phones or whether the items were Samsung, HP, DELL, Apple which are made in China but owned and designed by mainly American, European and Japanese companies. However the fellow doesn't seem to understand the difference.
I also mentioned other aspects of his life which is affected by America including the the internet and down to Coca Cola - there has been no response.
However the initial purpose of this post as to whether China is a threat to World peace and security, I personally would rather not comment on this because the factors are too wide and diverse to mention in a forum such as this and I am sorry to say most of the posters have no idea of macro economic history or the history of the world in the 20th & 21st centuary besides a few news headlines they hear and make their judgement. You keep on shouting "macro " economy and all that. . .we know the genesis of transfer of production to china by the US capitalist seeking to make more profit by out sourcing most production to asia at expense of local economy and job loss. prior to "out sourcing" age , no one in my entire extended family could afford to a buy a brand new CD player! we all have to rely on fairly used second generation electronics from US. Today, we dispose our electronics yearly and acquire new ones courtesy of CHINA cheap labour and low cost material production technology. Who cares about who invented what? Lastly, I told you to leave europe and japan out of this. they are not part of US!!!!!!! |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 12:15pm On Apr 06, 2012 |
I dont know how to educate that guy oooo. . . ! Callotti: Mu he he he he he he he he WHERE DO YOU THINK 'YOUR BRAND NAMES' ARE MADE? The same China of course for slightly more expensive than the cheaper, inferior brands. . . TO MAKE A KILLING PROFIT MARGIN from people like YOU! No wonder some people still fall for 419 schemes these days. |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:10am On Apr 06, 2012 |
Dude, your post reeks of sheer ignorance. You have lost touch with reality. All your so-called HP, Dell Ipads, Iphones, Nokia, HD screens, Andriods operating devices are ALL made by china. Keep smoking uncle sam's "wewe"! justwise: All inferior Chinese goods, made in China is like Aba-made goods or what we used to call 'Thai one'
You can't compare made in US to made in China, that is like comparing day and night, people rush to buy Chinese made because its cheap but low quality. what a joke! China = Aba made goods? Damn!!! |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 7:59am On Apr 06, 2012 |
God bless you. It's obvious you haven't allowed your brain to be consumed by McDonalds fried chicken. I bought a Nokia phone in 2009 for 105K @ slot in Lagos. . .a month later I travelled to europe and my friend wanted same, so we went out to buy. Low and behold, thesame phone goes for 160K in France . . . .and they are ALL made by china. Gone are the days where ignorants would brand all china goods as fake or inferior, they make all quality grades based on ISO standards. Just name the price and what you want! Chikenan!. Callotti: Ignorance is bliss indeed. Made in China goods are indeed inferior IF YOU ASK FOR INFERIOR QUALITY. Please, educate yourself. Go to any store in China. . .they will honestly tell you the different grades and qualities of goods. THEY MAKE IT ALL.
If you can afford the real thing. . . YOU PAY THE REAL PRICE.
Most dealers ask for the inferior grades to make money. . .and THE CHINESE WILL GLADLY MAKE THEM FOR YOU. You tell them WHAT YOU CAN AFFORD. . . like in India. . .and they work with YOUR INFERIOR BUDGET!!!!
Please, educate yourselves! TRAVEL AROUND THE WORLD AND REDUCE YOUR LEVEL OF IGNORANCE!!! |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 10:14pm On Apr 05, 2012 |
Your line of reasoning is very weak. Would I be able to afford those things if they should be made in US? NO!!! Now, that I can buy and replace them at will, who should I give thanks to ? china! Cos, without them providing the material and cheap labour, no price and third world economy growth. A common single loader CD goes for atleat 300K when it was produced by the "evil" and now you can get same at 25K, courtesy of China. faithin9ja: the coca cola you drink everyday, the microsoft you use, the internet you use, the medicines you take, even your Mum blood pressure medicines, the cars you drive, even the refined petrol in your tank, where do you think it all comes from.
How many countries can borrow $14 trillion? Nigeria struggles to borrow a few billion, can you as an individual borrow N100 million naira. Only rich people can borrow big money,
when you owe the bank N1 million, you won't sleep, when you owe the bank N10 billion; the bank won't sleep.
the day US cannot pay it's debts that day the whole world goes into recession, see what's happening in Europe over small Greece with a population of 4 million people, they can't pay their debts the whole of Europe and lot of the world are panicking.
my friend study macro economics and history before judging everything on the cheap chinco articles.
Please Apple (US) makes iPads and iPhones - they are probably the richest company in the world, but they outsource the manufacture to China, but who owns the company? who does Apple pay it's taxes to?, same with Nokia, Playstation, DELL, HP, Nike, reebok, but you keep erroneously referring to them as China |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:29pm On Apr 05, 2012 |
Dude, you keep on regurgitating the old tired lines. I'd expected you to list those "achievements" brought to africa and nigeria by US. Am I asking too much? Gone are the days where mere propaganda is constantly used to confused the average nigerian or african into thinking that US cares for him/her. Not with the availability of 3K chinko "touch" screen china phone. Lolzzzzzzzz I did my own part by showing you things that china brought to my household at very affordable price, which make my life and most nigerians meaningful. Brake the ice and give it to me! My washing machine na china made. Flat screen na chinese do am Handset na made in china Laptop na china. Generating set na made in china air condition na made in china. Kitchen stuff na china Dvd player na china sound system na china Nebeuwa: Speak for yourself my friend. There are plenty of Africans who prefer the United States to China. You do not see thousands of Africans traveling to China everyday. However, you do find thousands of Africans trying to come to the United States.
The United States has done a lot of good for the world. Most of the technology that you are using was created by an American. I think the United States is often underrated in its technological achievement. The internet that you use each day, the computer that you are using which was produced by American technology, the cars you see throughout Africa etc. This was all created by American ingenuity. Even many of the vaccines that you have, are due to the fact that American researchers spent many years trying to alleviate the world's suffering.
And the technology that you mentioned such as the iPad, iPhone, flat screen TVs, were created by an American mind. Just because China makes these products, do not mean they invented it. It simply means that the United States is using that country to provide cheap goods for its citizens. And U.S. companies still win in the end, because these Chinese manufacturers need these American companies to provide jobs for them.
Sorry but nothing can take away from the achievements of the United States and the good things that this country has done for the world. It still remains a beacon of hope for millions of immigrants. The bolded is false, as no country can lay monopoly claim of invention or do I need to show you the list of inventors side by side with their respective countries of origins? |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:01pm On Apr 05, 2012 |
You guys must deluded to the boot. What crap are you spewing?. . .are we talking about inventions or by products? Who cares about who invented what? For a start, no country can lay monopoly of inventions and going by your logic, credit should then be given to africa, since thats the credle of civilization. By the way, Why are you bringing europe and japan to this discuss? are you now trying to shift the goal post in the middle of the game by including europe and japan in the map of US? Stick to US and tell me what good has US brought to africa and nigeria in general. Secondly, in your hurry to make a blind point, you went ahead to create the impression that China needs US for her market and survival. Brilliant folks wil see it the other way round, i.e US needs China to survive. 14 trillion dollars in debt by US is a clear indication of who needs who. Rip off you laptop and tell me whether it bares no made in china inscribed on it. Having said that, I could count hundred of things around me that is making my life very smooth and easy that are made by china and so as, many other africans. . .and what do I have to remind me of US? Bombing of Iraq, Libya? Zilch!!. Heck! My mom would have punch your face if you dare tell her otherwise. Lol You can start by telling uncle sam to stop borrowing! 14 trillion dollars no be small debt ooooo. faithin9ja: Capt Barbosa
Your ignorance no get pair oh! the level of development all over the world that has been brought about from US and Europe doesn't need a debate. All the things you list were taken by Europe, US and Japan to China to exploit cheap labour, to make cheap goods to export all over the world. To a large extent China relies on US and Europe to buy her products. You and the rest of Africa is a tiny market to China. One of the biggest manufacturing companies in China, Foxconn, which is probably covers the entire land area Lagos Mainland - has it major clients as Nokia, Apple, Dell, etc who design products for the Chinese to make.
Sorry to say in your limited knowledge of the cheap Chinco goods - you think Chinese are saints. Check out the wars between China and Vietnam, China and Soviet Union (these are fellow Socialist countries), then there is China and India, China and Cambodia. What of Tibet? You haven't talked about The Cultural revolution in China, over 20 million dead.
Without the USA you would probably either speaking German now or not in existence at all if Germany had won the second world war.
USA is no saint, think Zaire, Vietnam, Nicaragua, countless others.
My point is you view this China/ US in a too simplistic manner
My personal test is two fold; which country protects the interests of it's own citizens better? which country would you rather live.......China or US?
Find out who invented the blood pressure machine you bought for your Mum. |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 6:08pm On Apr 05, 2012 |
Spoken like a true american-t!. Lemme burst your little bubble, we in AFRICA in general and nigeria in particular, prefer China(atleast I can speak for myself and my immediate family). Gone are the days where you toss peanuts as financial "aids" to us. Not holding brief for China either, but putting US and China side by side, I would go for China a zellion times. The day you point to me any development in nigeria associated with US, that day I will have a rethink. . .. .right from my electronics, mobile devices, home appliances, spare parts, cars and any other thing around me is MADE BY CHINA!. I can perfectly deduced that you are the type that wished we shouldn't afford Ipad, Iphone, flat screen and PS3? Level don change ooo. I be 10 over 10 chikenan! P.S My mom says her blood pressure and pulse rate is normal, courtesy of the made by china instrument I bought for her. Lol.  Nebeuwa: Where is all this anti-U.S. sentiment coming from? We are living in a Pax Americana, in which no armed conflict has emerged among major nations themselves, and no nuclear weapons have been used in open conflict. There is relative peace in the world, a d the main reason is that the United States is the sole hegemon. I do not welcome the rising power of China, because it will disturb the peace that the United States has created.
Those of you who are bashing America, would not say these things if you experienced living in the United States and was given the opportunity to get a quality education in this country. Now try to go to China and see if you would have the same freedom that those of us who live in the United States had. I am not saying that the United States is perfect by any stretch of the imagination, but it is one of the greatest nations to follow your dreams. That is why thousands of people from across the world continue to flock to the United States including the Chinese. It is a beacon of light in the midst of darkness.
God bless America, my home sweet home. |
Romance › Re: Weird Things Men Love In Women by CaptBarbosa: 12:55pm On Apr 05, 2012 |
I go with 2 and 9. That was the reason I married my wife, after telling her those secrets, she abide by them and we got married within 3 months of meeting each other. |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:51am On Apr 05, 2012 |
Iraq, Iran, Afghanistan, Libya,Somalia and several covert CIA sponsored proxy wars . . .so, what are talking about? faithin9ja: The most widespread machine gun in Africa is the AK47, Russiam in origin but mass produced by China and east europe. The AK47 kills more people in Africa than any other weapon.
China doesn't care who buys these guns.
Keep looking to China as your saviour - then ask where BH AK47's and bombs come from. Cheap goods, cheap weapons Talking about BH or terrorism. . .It is well known globally, that US is the biggest sponsors of terror! Mujaheedun, drug running gangs/cartels and what not direct invasion of harmless countries. |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:30am On Apr 05, 2012 |
Don't you you think we should atleast stop at what we know and leave out speculations? I mean, speculating about what China is capable of becoming in the future is irrelevant here. The truth is that, US is of no good to me or any member of my family, atleast my mom can testify to that. igbo2011: LMAO good one.
But China is a country that funds wars in Africa too. They aren't as aggressive as the west but they can be in the future. When they become number one, what will they do? Will they try and be like America and control the entire world?
But China has done more good for Africa than America. China isn't perfect like they import workers, atleast America hires locals. |
Politics › Re: Worst Case Scenario: Southeast Loses 2015: Ndi Igbo What Next? by CaptBarbosa: 6:36am On Apr 05, 2012 |
There is no VACANCY in aso rock! Stop wasting your time and energy. |
Education › Re: Tolulope Fatokun Got Nine A1's: Best Result In "WAEC/NECO" by CaptBarbosa: 6:31am On Apr 05, 2012 |
She did it quietly!! I would have to send some scholarly stipend to the girl. Am proud to be from that state. 9 A1's no be moi-moi! Beaf: 9 A1's!  What a smart babe! |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 8:37pm On Apr 04, 2012*. Modified: 8:59am On Apr 05, 2012 |
Dude, stop trying to twist a well established fact based on available figures. Whether you lay spin or not, China is the ONLY factor that make things cheap in africa and by extension nigeria. Without China, there is now way I would have bought that instrument for my mom. so, say whatever you want, it wont change that. Many thanks to China! Secondly, who cares about the origins of the companies used in completing the products? What about tens of millions of Chinese in US providing services to the tech industries? All I know is that, my appliances bares MADE IN CHINA written very boldly and they are very cheap. By the way, don't you think the bolded proved my point on why things are coming to africa at a very affordable prices and that China is more beneficial to africa than US? The only made in US I can lay my hands on, is a machine gun. With respect I don't usual respond to these type of topics because they are usually so ill-informed, that there is no starting point. If you do your in-depth research on both countries and not just relying on a few press statements from CNN or Al-jazerra, but actually study history - start with the Chinese Cultural revolution, American Civil Rights movement, Rape of Nanking, WW11 in the pacific and you will have a different opinion of both countries and not flattering to either country.
But I am actually responding to your quotes enbolded above; how wrong can you be? Nokia is a Finnish company, Toshiba a Japanese company, most of the quality products that are made in China are actually owned, designed and financed by American, European and Japanese companies. They are produced in China initially because of cheaper labor costs. Can you name any world reknown Chinese company with th exception of Lenovo, ZTE and Huawei. As of 1999 there were over 500,000 American companies in China, yes half a million US companies in China. That's why the two economies are so intertwined.
China is the workshop of the world, that's why there are no manufacturing jobs in Nigeria or Africa again.
But see this figure, for every Apple iPod that retails for $300, $70 goes to Apple for Design and Patent, $20 goes to the factory in China that makes the iPod and the balance $210 is for distribution, advertising and other retailing costs. The biggest earner here is Apple the US company, not Foxconn the Chinese company. |
Politics › Re: How Nigeria Destroys Tech Dreams: They Want To Hijack My Stem Cell Project by CaptBarbosa: 9:38am On Apr 04, 2012 |
Shut it! Why do you always talk like a tout? Blah blah blah! The other day a foool came up with an "invention" to produce electricity from nothing! I call BS on that! Stem cell ko, stoopid cell ni. Onlytruth: So, why are powerful government officials trying to steal his dream company/project? I am certain it is people like you that are dream killers in Nigeria. One generation retires, another like you replaces it! |
Politics › Re: How Nigeria Destroys Tech Dreams: They Want To Hijack My Stem Cell Project by CaptBarbosa: 5:37am On Apr 04, 2012 |
Another Dr. Abalaka in the making? |
Car Talk › Re: Made In Nigerian Buses Finally Hit Lagos Road. by CaptBarbosa: 10:10pm On Apr 03, 2012 |
Rossikk: Use your brain you dumb idiiot. INNOSON's vehicles are MANUFACTURED in Nigeria. You would know this if you did the most basic research into their operations, something that's obviously beyond the majority of you blabbermouths here. ^ This is what I got from their website, and their so-called factory dosen't look like a place where any serious technical job is taking place. Innoson Vehicle Manufacturing Company (IVM) was commisioned by His Excellency, President Goodluck Ebele Jonathan at Nnewi.
IVM is part of the Innoson Group of Companies founded by the visionary Chairman, Mr. Innocent Chukwuma, Officer of the Order of the Niger (OON). IVM introduces automotive products from China, Japan and Germany. It's product line includes heavy duty vehicles, middle and high level buses, special enviroment friendly vehicles. The company carries out optimization design and assembly according to west african road condition so as produce suitable products at affordable prices. The company also provides good services for repairs and parts supply.
All these actions are engineered to meet the customers' special requests, attain the highest possible performance and safety standards and also make the vehicles suitable for the west african market Rossikk: Use your brain you dumb idiiot. INNOSON's vehicles are MANUFACTURED in Nigeria. You would know this if you did the most basic research into their operations, something that's obviously beyond the majority of you blabbermouths here. Innoson Vehicle Manufacturing Company (IVM) was commisioned by His Excellency, President Goodluck Ebele Jonathan at Nnewi.
IVM is part of the Innoson Group of Companies founded by the visionary Chairman, Mr. Innocent Chukwuma, Officer of the Order of the Niger (OON). IVM introduces automotive products from China, Japan and Germany. It's product line includes heavy duty vehicles, middle and high level buses, special enviroment friendly vehicles. The company carries out optimization design and assembly according to west african road condition so as produce suitable products at affordable prices. The company also provides good services for repairs and parts supply.
All these actions are engineered to meet the customers' special requests, attain the highest possible performance and safety standards and also make the vehicles suitable for the west african market |
Car Talk › Re: Made In Nigerian Buses Finally Hit Lagos Road. by CaptBarbosa: 9:55pm On Apr 03, 2012 |
I bet you don't mean to say "manufactured", as in manufacturing? Rossikk: Use your brain you dumb idiiot. INNOSON's vehicles are MANUFACTURED in Nigeria. You would know this if you did the most basic research into their operations, something that's obviously beyond the majority of you blabbermouths here. |
Politics › Re: Can ECOWAS Threaten Nigeria To Return To Civilian Rule In Case Of A Coup? by CaptBarbosa: 3:06pm On Apr 03, 2012 |
The last time I checked, One out of every four "south afric-ANTS" is HIV positive. Now, how about getting some anti-retroviral drugs? Swine! solbil: you nigerians have a false opinnion of yourselves. Who says the AU cannot do anything. With the backing of SA, the AU can launch a successful millitary campaign against those HIV infested simpletons you call soldiers. This is so possible with our superior fighter jets. |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 3:39pm On Apr 02, 2012 |
You must be very daft to call 22 million nigerians that went all out to vote him, luck. Lemme guess, you want Atiku or Buhari or IBB?. You must be living in the past. Beaf!: I dont have to be an Almariji before i detest this dullard you call president. He is there by luck and this 'luck' he is banking on will soon evade him |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 2:10pm On Apr 02, 2012 |
Well, you can call him whatever demeaning names you want, but you can't stop the rain. By the way, why is your northern almajiri leaders begging to enter the so-called"evil rock"? Beaf!: My point is that the EvilRock is no any Drunken Fisherman's birth right. He either vacates with ease or vacates the hard way. Shimple |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 1:41pm On Apr 02, 2012 |
What are you saying? ASOROCK b: Only if the evilrock still exist by 2015 |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 11:29am On Apr 02, 2012 |
Brilliant! Most nigerians won't turn back the effort of this present admisnistration in providing stability. Thanks Don Carlos: Nigerians will decide that. |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 11:26am On Apr 02, 2012 |
Whats your point? Beaf!: WHY? If IBB & ABACHA can vacate Aso Rock, who born fisherman  There are simple ways - IBB way or Abacha/YarAdua way |
Politics › Re: No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 11:25am On Apr 02, 2012 |
Be rest assured we are doing everything possible to provide electricity and better the roads. Thank you. Callotti: We already know that. What next? Electricity or good roads? |
Politics › No Vacancy In Aso Rock By 2015-Capt.Barbosa by CaptBarbosa(op): 10:15am On Apr 02, 2012 |
There is no vacancy in aso rock by 2015. What do you think? |
Nairaland General › Re: Deliver Nairaland From Seun by CaptBarbosa: 12:10pm On Apr 01, 2012 |
This is absolute rubbish, to say the least. Finally, RIP to nairaland.
For me, I think this constant misadventure of nairaland has something to do with the "curse" those MOG's placed on this site. |
Foreign Affairs › Re: U.S. May Sanction Other Nations That Import Iranian Oil by CaptBarbosa: 7:31am On Apr 01, 2012 |
The US must still be living in the past to think it has the power to extend laws to far east China. I laugh in native CHINESE. . .! China has rejected new US sanctions on Iranian oil imports by other countries saying that Washington has no right to enforce unilateral sanction on other nations according to its domestic law. "The Chinese side always opposes one country unilaterally imposing sanctions against another according to [its] domestic law. Furthermore it does not accept the unilateral imposition of those sanctions on a third country," China’s Foreign Ministry said in a brief statement on Saturday, Associated Press reported.
On Friday, US President Barack Obama gave the green light for fresh sanctions against foreign banks and other financial institutions by or through which Iran’s oil is purchased. The move would allow the US to take measures against foreign banks that deal with Iranian crude. New sanctions aim to force major importers of Iranian crude, namely China, South Korea, India, Japan and the European Union, to "significantly reduce" oil imports from Iran or face being frozen out of the US financial system. The White House insists there’s enough oil in the market to fill the gap caused by a reduction in oil exports from Iran.
"There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," Obama said. Despite US assurances, there are concerns about disruptions in oil supply. The sanctions have already led to a surge in global oil prices. Rising gasoline prices have become a major issue in the US presidential election campaign. China is one of the biggest importers of Iranian oil, and has so far withstood US pressure to cut oil imports from Iran |
Foreign Affairs › Re: Is China A Threat To World Peace And Security? by CaptBarbosa: 7:18am On Apr 01, 2012 |
You can now understand why we need China to checkmate the "evil" US. Small small, US is becoming "real" paper tiger. China has rejected new US sanctions on Iranian oil imports by other countries saying that Washington has no right to enforce unilateral sanction on other nations according to its domestic law.
"The Chinese side always opposes one country unilaterally imposing sanctions against another according to [its] domestic law. Furthermore it does not accept the unilateral imposition of those sanctions on a third country," China’s Foreign Ministry said in a brief statement on Saturday, Associated Press reported.
On Friday, US President Barack Obama gave the green light for fresh sanctions against foreign banks and other financial institutions by or through which Iran’s oil is purchased. The move would allow the US to take measures against foreign banks that deal with Iranian crude. New sanctions aim to force major importers of Iranian crude, namely China, South Korea, India, Japan and the European Union, to "significantly reduce" oil imports from Iran or face being frozen out of the US financial system.
The White House insists there’s enough oil in the market to fill the gap caused by a reduction in oil exports from Iran. "There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," Obama said. Despite US assurances, there are concerns about disruptions in oil supply.
The sanctions have already led to a surge in global oil prices. Rising gasoline prices have become a major issue in the US presidential election campaign. China is one of the biggest importers of Iranian oil, and has so far withstood US pressure to cut oil imports from Iran |
Politics › Re: China Has Rejected New US Sanctions On Iranian Oil Imports. by CaptBarbosa(op): 4:23am On Apr 01, 2012 |
edition.presstv.ir/mobile/detail.aspx?id=233960 |
Politics › China Has Rejected New US Sanctions On Iranian Oil Imports. by CaptBarbosa(op): 4:22am On Apr 01, 2012 |
China has rejected new US sanctions on Iranian oil imports by other countries saying that Washington has no right to enforce unilateral sanction on other nations according to its domestic law.  "The Chinese side always opposes one country unilaterally imposing sanctions against another according to [its] domestic law. Furthermore it does not accept the unilateral imposition of those sanctions on a third country," China’s Foreign Ministry said in a brief statement on Saturday, Associated Press reported. On Friday, US President Barack Obama gave the green light for fresh sanctions against foreign banks and other financial institutions by or through which Iran’s oil is purchased. The move would allow the US to take measures against foreign banks that deal with Iranian crude. New sanctions aim to force major importers of Iranian crude, namely China, South Korea, India, Japan and the European Union, to "significantly reduce" oil imports from Iran or face being frozen out of the US financial system. The White House insists there’s enough oil in the market to fill the gap caused by a reduction in oil exports from Iran. "There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," Obama said. Despite US assurances, there are concerns about disruptions in oil supply. The sanctions have already led to a surge in global oil prices. Rising gasoline prices have become a major issue in the US presidential election campaign. China is one of the biggest importers of Iranian oil, and has so far withstood US pressure to cut oil imports from Iran |
Politics › Re: Goodluck Jonathan Listed On Times 100 Most Important People On Earth by CaptBarbosa: 10:44am On Mar 31, 2012 |
Go Jonathan Goooooooooooo!. . .come 2015, you shall be sworn in.
Haters keep your hate alive. |