Zimbabwe adopts Chinese Yuan as legal currency

[ORDER_66]

America is really starting to fall off anyways all the dirty black ops shyt they have done in the name of security and global interests? things do have karma,,,

 

[Leasy]

Kind of strange in my lifetime seeing the west lose control of the world one by one. China has a history of trading with Africa for over thousands of years, trade goods for development I just hope they don't go the western way of doing things in the future.

 

[Sinnerman]

a lot of people are ignoring the fact that China, practically the west on this one.

they like "what embargo?" :snooty:
:mjlolz:

:kobelaff2:

#newera

 

[Ikwa]

America is really starting to fall off anyways all the dirty black ops shyt they have done in the name of security and global interests? things do have karma,,,

Every empire comes to an end

 

[Leasy]

Every empire comes to an end

I recently bought a book from Barnes and Noble titled China Inc. they about to take the world over breh and I believe Africa going to be right there with them.

 

[burner]

sad that Africa can't get their sh!t together

 

[KENNY DA COOKER]

granted that the homie gadafi was a way bigger threat. they will kill Mugabe too using mugabe's own ppl. they have to do it to make an example if what happens when you sh1t on the dollar. it's never a good thing to threaten the dollar.

gadafi was planning to execute a real change to have african nations more conomically independent.

if this works out it will set precedent for african nations to do the same and "'we don't want that".


they'll inject him with the chavez cancer.

'
if this negro had some real resources these cacs wanted they'd have taken him out by now. after gadafi they're working on nigeria using the muslim extremists to fuq it up.

RIP CHAVEZ

 

[Northern Son]

Words can't describe how sick this makes me. ZANU just up and let China colonize them.

My people are doomed .

 

[you're NOT "n!ggas"]

I recently bought a book from Barnes and Noble titled China Inc. they about to take the world over breh and I believe Africa going to be right there with them.

fukk a Barnes and Noble I saw that in half price books though this past week I thought about getting it too, but I was mainly there for Dambisa Moyo's "How The West Was Lost". You gotta check back in with me some time breh, let me know what you think of it.

 

[Leasy]

fukk a Barnes and Noble I saw that in half price books though this past week I thought about getting it too, but I was mainly there for Dambisa Moyo's "How The West Was Lost". You gotta check back in with me some time breh, let me know what you think of it.

Lol I went in there because wifey was in a store in a plaza that I wasn't going in. The first couple of pages are ethers to the rest of the world lmao seriously.

 

[Northern Son]

I don't see how you guys are celebrating this. Chinese migrants have already committed an alarming amount of human right's abuses in Zimbabwe.

http://finance.yahoo.com/news/zimbabwe-probes-worker-abuse-chinese-154703138.html

http://www.theguardian.com/world/2012/jan/02/china-zimbabwe-workers-abuse

http://mg.co.za/article/2011-06-24-working-for-chinese-is-hell-on-earth/

http://www.newsdzezimbabwe.co.uk/2014/01/the-pic-that-exposed-chinese-abuse-of.html

Chinese manager threatening to beat black labourer with baton:

Zimbabwe's government is investigating persistent reports of rampant abuse of workers by Chinese employers, the labor minister said Tuesday.
A team of investigators has already started visiting Chinese construction and mining companies to compile details of alleged abuses, Paurina Mupariwa said during the country's Workers' Day celebrations in the capital, Harare.

Labor officials say workers have complained of physical abuse by Chinese managers, earnings below the legal minimum, extended working hours and negligence over health and safety conditions.

"Where they (Chinese) are supposed to give workers $400, they give them $80 and can take one or two months to do that. Workers are slapped and kicked," he said. "They don't observe safety requirements and provide no protective clothing in the mines."

Labor leaders have also reported Chinese managers using pejorative language against black Zimbabweans and locking them up in storerooms for alleged indiscipline.

That's not even taking into account the much bigger, FAR more troubling picture.


Do you hate white people so much that you'll gladly watch black people self destruct if it means "giving a middle finger to the West" ?

 

[Leasy]

I don't see how you guys are celebrating this. Chinese migrants have already committed an alarming amount of human right's abuses in Zimbabwe.

http://finance.yahoo.com/news/zimbabwe-probes-worker-abuse-chinese-154703138.html

http://www.theguardian.com/world/2012/jan/02/china-zimbabwe-workers-abuse

http://mg.co.za/article/2011-06-24-working-for-chinese-is-hell-on-earth/

http://www.newsdzezimbabwe.co.uk/2014/01/the-pic-that-exposed-chinese-abuse-of.html

That's not even taking into account the much bigger, FAR more troubling picture.


Do you hate white people so much that you'll gladly watch black people self destruct if it means "giving a middle finger to the West" ?

Smh. Will Africa ever get it together in our lifetime like what is wrong?

 

[Amare's Right Hook]

you will try anything when 3 avocados cost a billion Zimbabwe dollars

 

[The Real]

I don't see how you guys are celebrating this. Chinese migrants have already committed an alarming amount of human right's abuses in Zimbabwe.

http://finance.yahoo.com/news/zimbabwe-probes-worker-abuse-chinese-154703138.html

http://www.theguardian.com/world/2012/jan/02/china-zimbabwe-workers-abuse

http://mg.co.za/article/2011-06-24-working-for-chinese-is-hell-on-earth/

http://www.newsdzezimbabwe.co.uk/2014/01/the-pic-that-exposed-chinese-abuse-of.html

That's not even taking into account the much bigger, FAR more troubling picture.


Do you hate white people so much that you'll gladly watch black people self destruct if it means "giving a middle finger to the West" ?

Thank you.

 

[Northern Son]

http://www.freerepublic.com/focus/f-chat/3128708/posts

While the developed world is focusing on the rapidly deteriorating developments in the Crimean, China, which has kept a very low profile on the Ukraine situation aside from the token diplomatic statement, is taking advantage of this latest distraction to do what it does best: quietly take over the global periphery while nobody is looking.

Over two years ago we reported that none other than Zimbabwe - best known in recent history for banknotes with many zeros in them - was bashing the US currency, and had alligned itself with the Chinese Yuan. This culminated last month with the announcement by Zimbabwe’s central bank that it would accept the Chinese yuan and three other Asian currencies as legal tender as economic relations have improved in recent years. "Trade and investment ties between Zimbabwe, China, India, Japan and Australia have grown appreciably," said Charity Dhliwayo, acting governor of the Reserve Bank of Zimbabwe.

Business Live reported then:

Exporters and the public can now open accounts in yuans, Australian dollars, Indian rupees and Japanese yen, Dhliwayo said. Zimbabwe abandoned its worthless currency in 2009.

It accepts the US dollar and the South African rand as the main legal tender. Their use has helped to stabilise the economy after world-record inflation threw it into a tailspin.

Independent economist Chris Mugaga said the introduction of the Asian currencies would not make a huge difference to Zimbabwe’s struggling economy.

"It is Zimbabwe’s Look East Policy, which has forced this, and nothing else," he said.

And now, as a result of the "Look East Policy", we learn that China has just achieved what every ascendent superpower in preparation for "gunboat diplomacy" mode needs: a key strategic airforce base. From the Zimbabwean.

China is planning to set up a modern high-tech military base in the diamond-rich Marange fields, says a German-based website, Telescope News.

The news of the agreement to set up the first Chinese military airbase in Africa comes amid increasing bilateral cooperation between Zimbabwe and China – notably in mining, agriculture and preferential trade. China is the only country exempted from the indigenisation laws which force all foreign investors to cede 51% of their shareholding to carefully selected indigenous Zimbabweans.

The airstrip at Marange has sophisticated radar systems and ultra-modern facilities

The Marange story quoted unnamed military officials and a diplomat admitting knowledge of the plan to set up the base. Efforts to get a comment from the Zimbabwe Defence Forces were fruitless, as spokesperson Lt Col Alphios Makotore was consistently unavailable and did not respond to emails by the time of going to press.

The website speculated that China could be positioning itself for future “gunboat diplomacy” where its military presence would give it bargaining power against superpowers like the US. It would also be safeguarding its significant economic interests in Zimbabwe and the rest of Africa.

Veil of secrecy

“Military officials in Zimbabwe said details of the airbase plan were sketchy and mostly classified due to the veil of secrecy around President Robert Mugabe’s relationship with China’s Red Army. A sizeable number of Chinese troops are reported to have their boots on the ground in the Marange diamond fields, which have since been cordoned off as a high level security zone,” said the publication.

It added that a senior Air Force of Zimbabwe (AFZ) officer based in Harare confirmed that there were rumours of the impending establishment of the airstrip as a “follow up to a military treaty signed between China and Zimbabwe in July 2005”.

Telescope News has made sensational claims in recent weeks, among them that Defence Minister and Zanu (PF) Secretary for Legal Affairs, Emmerson Mnangagwa, was secretly anointed by the military to succeed President Robert Mugabe.

Key battleground

It quoted a former Asian diplomat deployed to Zimbabwe for almost a decade as saying: “Haven’t you heard that Africa is the battlefield of tomorrow, today? As such in terms of geo-politics Zimbabwe is already a key battleground, for various competing powers. During my stay there, we heard about many military agreements being signed between the two countries.”

Chinese companies are heavily involved in diamond mining, in partnership with the Zimbabwe Government. They are believed to have constructed the airstrip at Marange that many suspect is being used to clandestinely haul diamonds to unknown destinations. It has sophisticated radar systems and ultra-modern facilities.

At this point expect to see a prompt, and unexpected, escalation in hostilities in southern Africa, most likely due to latent ethnic conflict of some kind (and brought back to the surface with the help of a few CIA dollars), which in turn will be the justification for US drones to begin operations in proximity to Zimbabwe to keep up with China's encroaching take over of Africa, now from the south.

Perhaps most interesting is the finding that Zimbabwe's president-cum-dictator, Robert Mugabe, so widely despised by the west, is in fact on China's payroll:

Confidential Central Intelligence Organisation documents leaked last year suggested that China had played a central role in retaining President Robert Mugabe in the July 31 elections, indicating that high level military officers had worked closely with the local army in poll strategies while Beijing bankrolled Zanu (PF).

China is Zimbabwe’s biggest trading partner after South Africa and has strategic economic interests in many African countries to guarantee raw materials, job sources and markets for its huge population.

The new Chinese Ambassador to Zimbabwe, Lin Lin, recently said trade between the two countries last year exceeded the $1 billion mark. Yet Zimbabwe is only 26th on the list of China’s 58 biggest African trading partners.

The Asian country has supplied Zimbabwe with military hardware, including MIG jet fighters, tanks, armoured vehicles and rifles, since Independence.

In other words, while nobody was looking, China just took over one more nation without spilling a drop of blood. And now back to the regularly scheduled Crimean War part X.