by Michael Snyder, The Economic Collapse Blog:
One of the biggest bombshells of the entire year just dropped, but now it has almost entirely disappeared from the news cycle. NBC News is reporting that during their recent summit meeting in San Francisco, Chinese President Xi Jinping told Joe Biden to his face that a decision has been made to “reunify Taiwan with China” one way or the other. Normally the Chinese keep their cards very close to the vest, and so this was a very unusual move. My guess is that the Chinese wanted to see how Biden would respond to such a direct statement. Xi Jinping expressed his desire to take over Taiwan peacefully if possible, but we all know that isn’t going to happen. So war is coming, and the only thing that needs to be decided now is the timing…
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Chinese President Xi Jinping bluntly told President Joe Biden during their recent summit in San Francisco that Beijing will reunify Taiwan with mainland China but that the timing has not yet been decided, according to three current and former U.S. officials.
Xi told Biden in a group meeting attended by a dozen American and Chinese officials that China’s preference is to take Taiwan peacefully, not by force, the officials said.
The Chinese leader also referenced public predictions by U.S. military leaders who say that Xi plans to take Taiwan in 2025 or 2027, telling Biden that they were wrong because he has not set a time frame, according to the two current and one former official briefed on the meeting.
I kind of expected the White House to deny that this exchange took place, but that did not happen…
The White House didn’t deny the exchange, which occurred during a Nov. 15 summit outside San Francisco that was attended by a dozen US and Chinese officials.
“I’m not gonna get into the specifics of the discussion between the two leaders,” National Security Council spokesman John Kirby told reporters on Air Force One en route to Milwaukee.
Wow.
So why isn’t everyone in America talking about this?
Why has this almost entirely disappeared from the news cycle already?
This is one of the biggest stories of the year.
War with China is coming, and the Chinese have been feverishly preparing for it.
For example, the Chinese just imposed export controls on rare earth processing technology…
Following the meeting between President Joe Biden and President Xi Jinping at the Asia-Pacific Economic Cooperation event in San Francisco last month, the hopes for de-escalation in Sino-US relations seem to have fallen apart after China announced export controls on rare-earths technologies.
China is the world’s top processor of rare earths and has placed an export ban on technology to extract and separate rare-earth metals, according to Bloomberg, citing a document from the Ministry of Commerce.
The move comes as Washington and its allies try to reduce reliance on China’s stranglehold of the global rare earths market. There are 17 rare earth metals, and Beijing controls about 85% of the global refining capacity. These metals are found in everything from electric vehicles to wind turbines to military hardware.
Expect to see more dramatic economic moves by the Chinese in the months ahead.
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