China owes the US $1.6 trillion in century-old Chinese war bonds, and Trump wants them to pay up

China News

Xi Jinping and Donald Trump Xi Jinping and Donald Trump

As the Trump administration seeks ways to penalize China for its handling of the COVID-19 pandemic, it need look no further than Tennessee.

The Lewisburg, Tennessee-based American Bondholder Foundation holds $1.6 trillion of century-old Chinese debt, including interest, dating to before the founding of the communist People’s Republic of China, that it wants the administration’s help in redeeming. There is an estimated $6 trillion or more of the debt outstanding worldwide.

The bonds were issued by the Republic of China — which ousted the imperial government in a coup — as far back as 1912 and backed by gold; they were defaulted on in 1938. The ROC government fled to Taiwan, where it remains the official ruling body, after Mao Zedong’s communist party took over following the 1949 end of the revolution.

Beijing maintains Taiwan is part of China, and under international law, successor governments are responsible for…

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Mandatory climate change classes plan for Scottish leaders — Tallbloke’s Talkshop

ENVASSAM AGENCY

A case of the blind leading the blind? MSPs, business leaders and newly enrolled university students may be asked to take mandatory climate change studies if plans currently under consideration are adopted, reports The Herald. The studies would help arm them with facts and knowledge to make urgent changes to society as it emerges from […]

Mandatory climate change classes plan for Scottish leaders — Tallbloke’s Talkshop

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Boris Palmer beklagt: Kritiker der Corona-Einschränkungen werden diffamiert — TAG24 News

Boris Palmer beklagt bei „Maybrit Illner“ im ZDF, dass die Kritiker der coronabedingten Einschränkungen diffamiert werden.

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über Boris Palmer beklagt: Kritiker der Corona-Einschränkungen werden diffamiert — TAG24 News

Cathay Pacific and Cathay Dragon report combined HK$4.5 billion loss for start of 2020 — South China Morning Post

Cathay Pacific Group’s two main airlines reported a combined HK$4.5 billion unaudited loss in the first four months of 2020, it said in a stock exchange filing on Friday.Hong Kong’s flag carrier reported a 99.6 per cent wipe out in passengers carried in April, the most ever recorded by the airline group, versus the 3.12…

über Cathay Pacific and Cathay Dragon report combined HK$4.5 billion loss for start of 2020 — South China Morning Post

American Jewish Committee applauds passage of Missouri anti-BDS bill — JPost.com – Homepage

The new bill will prohibit Missouri and its associate subdivisions from forming contracts worth over $100,000 with companies that employ more than 10 employees.

über American Jewish Committee applauds passage of Missouri anti-BDS bill — JPost.com – Homepage