China

Quotes & References

The current policy of the Chinese government toward England is the same as it was in the 18th and 19th centuries.

The Chinese economy is tied to the economy of Hong Kong, and we don't mean television sets, textiles, radios watches, pirated cassettes and video tapes: we mean opium/heroin. Without the opium trade, which it shares with Great Britain, the economy of Hong Kong would take a terrible beating.

— Dr. John Coleman; The Committee of 300

How is China expected to pay for all this "trade"? Very Simple. By 1996, China had become the largest single recipient of guaranteed loans and subsidies from the World Bank.

— G. Edward Griffin; The Creature From Jekyll Island

Red China joined the IMF/World Bank in 1980 and immediately began to receive billions of dollars in loans, although it was well known that she was devoting a huge portion of her resources to military development. By 1987, China was the IMF's second largest borrower, next to India, and the transfusions have grown at a steady pace every since.

The Bank has asserted that loans will encourage economic reforms in favor of the private sector. Yet, none of the money has gone to the private sector. All of it is funneled into the government bureaucracy which, in turn, wages war against the free market.

— G. Edward Griffin; The Creature From Jekyll Island