3/2/2021 Financial News: Co Inner Mongolia to end cryptocurrency mining; CCP plans to construct roads to Taiwan

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1.CCP is serious to construct roads to Taiwan

The State Council of China issued the “National Comprehensive Three-dimensional Transportation Network Planning Outline” on the 24th. There are 6 main traffic axes, one of which is “Beijing-Tianjin-Hebei-Guangdong-Hong Kong-Macao” including “Taipei.” The Chinese media even reported that “it is serious to build roads to Taiwan.”
Due to the planning period of the outline It is from 2021 to 2035, so the Chinese authorities predict that a direct transportation network to Taipei will be established within 15 years at the latest. Some Chinese netizens ironically said, “This means that even if the People’s Liberation Army does not fight, the National Development and Reform Commission will attack Taiwan Island with infrastructure equipment in order to complete the task!”

2.Communist China’s Inner Mongolia to end cryptocurrency mining

Communist China’s Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, such as steel, coke and methanol production, as it attempts to meet energy efficiency targets.
All cryptocurrency mining projects – which require huge amounts of computing power and hence use large amounts of energy – will be shut down by the end of April this year. Small firms with outdated technology in the steel, ferroalloy, coke, graphite electrode and coal-fired power sectors have also been given a timetable to close by the end of 2022.

3.Communist China says domestic competition hurting rare earth prices

Communist China’s rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to “vicious competition” domestically and face low resource utilization, the country’s industry minister said on Monday.
“Our rare earths did not sell at the ‘rare’ price but sold at the ‘earth’ price… because of competitive bidding, which wasted the precious resource,” Minister of Industry and Information Technology Xiao Yaqing said during a news briefing.

4.Communist China’s GDP makes up over 17% of the world economy in 2020

Communist China’s economic output is forecast to account for more than 17 percent of the world’s economy in the CCP virus-plagued 2020. As the sole economy recording positive GDP growth last year, Communist China will ramp up efforts and strive to achieve higher quality, more efficient, sustainable and safer development in 2021, a senior government official said on Sunday.
Communist China’s GDP broke through the 100-trillion-yuan ($15.5 trillion) mark, achieving an increase of 2.3 percent in 2020 despite the impact of the CCP virus.

Comments: CCP used CCP virus – this biological weapon, destroyed the economy around the world, and as the sole economy kept positive.

5.Iimported goods can “come in”, Export goods can be “shipped out.”

In response to the “National Comprehensive Three-dimensional Transportation Network Planning Outline” issued recently, the State Council Information Office held a press conference. The Minister of Transport Li Xiaopeng answering questions from reporters, said that Communist China has established an international logistics guarantee and coordination mechanism to accelerate the establishment of an open and shared, global coverage, safe and reliable, and powerfully guaranteed international logistics supply chain system, so that imported goods can “come in”, Export goods can be “shipped out.”

6.New Emails Detail WHO/NIH Accommodations to Chinese Confidentiality ‘Terms’

Judicial Watch announced today that it and the Daily Caller News Foundation (DCNF) received 301 pages of emails and other records of Dr. Anthony Fauci and Dr. H. Clifford Lane from the U.S. Department of Health and Human Services showing that National Institutes of Health (NIH) officials tailored confidentiality forms to Communist China’s terms and that the World Health Organization (WHO) conducted an unreleased, “strictly confidential” CCP virus epidemiological analysis in January 2020.

7.U.S. factory activity scales three-year high, price pressures building

U.S. manufacturing activity increased to a three-year high in February amid a surge in new orders, but factories continued to face higher costs for raw materials and other inputs amid labor shortages at suppliers as the pandemic drags on.
The acceleration reported by the Institute for Supply Management (ISM) on Monday was despite a global semiconductor chip shortage, which has hurt production at automobile plants. Other data showed construction spending surged to a record high in January, boosted by strong private and public outlays.

By 【Financial Team – Tracy】

News Collection: Wendy 、Lingken

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