- ----Henry Kissinger
Whoever controls the oil, controls the countries; whoever controls the food, controls the people; whoever controls the money, controls the world.
--Former U.S. Secretary of State Henry Kissinger
Monsanto and Goldman Sachs in the U.S. manipulate China's price index (CPI)
A large portion of China's price index composition comes from food, which accounts for 34 percent, with pork accounting for 10 percent of that. Another big part is clothing, which makes up 9% of the price index. By all accounts, U.S. corporations are gradually manipulating China's price index. Another big item is housing, which is 13 percent and rising.
The main components of food prices are grain, oil prices, and pork prices. For food, the U.S. is manipulating China's corn production by means of Monsanto's genetically modified corn variety. This genetically modified variety is good for the first two years of planting and is resistant to disease, but this variety cannot be passed on to the next generation, and if farmers privately plant their own down the line, the quality will drop, pests will rise dramatically, and pesticides will only be unique to Monsanto. Monsanto can firmly control the production of corn in China through seed patents and fertilizers. Now Monsanto will be the public relations to do on the genetically modified staple food, and strive to control China's staple food production, then from the point of view of corn, is a replica of its genetically modified strategy, China's food will be doomed. Control of corn and staple grains, then the U.S. controls food prices.
Oil prices, mainly soybeans, foreign investment has defeated the soybean industry in the Northeast, and control of edible oil production, now China's edible oil famous brands such as Jinlongyu oil, Luhua, Fulinmen are all controlled by foreign investors, foreign investors control 85% of China's edible oil. The edible oil market is basically divided by the four major grain traders, Archer Daniels Midland Co (USA), Bunge (Dutch multinational), Cargill (USA) and Louis Dreyfus (France). Pork in China's CPI accounted for 10% of the largest investment bank in the United States, Goldman Sachs recently spent 200 million -300 million U.S. dollars in China's hog farming in the key areas of Hunan, Fujian, a breath of wholly-owned acquisition of more than a dozen professional hog farms, and will continue to start in the hog processing industry, direct control of hogs and pork prices. One of the main factors in the price of clothes is the price of cotton, which is controlled by the U.S. Why? Because China has planted large quantities of Monsanto's genetically modified cotton 33B, which is the same as genetically modified corn, and which is controlled by Monsanto in everything from seeds to fertilizers to royalties.
Food plus clothing accounts for 43% of the CPI. And what about housing, whose soaring prices have been linked to foreign manipulation and speculation
Also, housing prices have been linked to foreign manipulation and speculation
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Toward the end of 2001, Goldman Sachs purchased a package of assets with a book value of 1.972 billion yuan from China Huarong Asset Management Co. for cash and a partnership. A little more than a year later, Goldman Sachs and Huarong established China's first joint venture for the disposal of non-performing assets. A good wind is in the sails. Ten months after eating its first non-performing assets, Goldman Sachs acquired more than RMB 8 billion in non-performing assets from China Great Wall Asset Management. Two years later, Goldman Sachs then established a strategic partnership with the Industrial and Commercial Bank of China (ICBC) to dispose of non-performing assets, and the two sides agreed to set up a joint venture to **** the same investment in the ICBC's internal non-performing assets of RMB8 billion to RMB10 billion. Goldman Sachs and Huarong assets and the Great Wall Asset Management Company signed nearly 10 billion yuan of non-performing assets disposal agreement, of which about 50% belongs to the real estate non-performing assets, and with these resources alone, Goldman Sachs can make a pivotal voice in China's real estate market. Whitehall Fund is currently the world's largest real estate investor and a subsidiary of Goldman Sachs International, with more than half of its shares belonging to Goldman Sachs. Currently, Goldman Sachs, through the fund, has acquired more than 26,000 real estate-related assets worldwide*** at a transaction cost of about $60 billion. In order to compete with Morgan Stanley in China's real estate market, Whitehall took the plunge and took a bite out of the Shanghai Baiteng Building for $107.6 million, making it the highest real estate sale in Shanghai to date. It was also Goldman's first public acquisition in the Chinese real estate market.
Parallel to the Whitehall fund, Goldman Sachs at the end of last year found a second invisible position to land in China's real estate market -- and 21st Century China Real Estate signed a capital injection of 22 million U.S. dollars in investment agreements, the completion of the capital injection, Goldman Sachs has become the second-largest shareholder in 21st Century China Real Estate. 21st Century Real Estate is the world's largest real estate intermediary, and the company is the largest real estate intermediary in the world. Real estate is the world's largest real estate agency services, was founded in 1971 in the United States, the company adopted a franchise approach, in which the 21st century real estate headquarters in China under the franchise business name "21st Century China Real Estate". Currently, there are 15 regional branches and more than 300 franchises in China.
According to the plan, 21st Century China Real Estate plans to set up 60 regional branches in large and medium-sized cities in China in the future, absorbing 4,000 franchises and training 30,000 brokers. That is to say, Goldman Sachs not only manipulate real estate but also directly manipulate real estate agents, completing the control of the real estate economic chain. There are many, many U.S.-funded companies that have entered China's real estate, and of course there are many companies from other countries. Housing accounts for 13% of China's CPI, and it looks like the percentage will skyrocket very quickly in speculation.
Food plus clothes plus housing make up 55 percent of the CPI, so you can imagine the influence the U.S. has on China's price index. Other CPI components are, entertainment, education, culture, transportation, communications, health care, household equipment and repairs. One of the things here is the price index for fuel prices, also known as oil, which is clearly controlled by the US.
Chinese CPI Composition 2006 Data
Food: 33.20%
Tobacco, alcohol and their supplies: 3.90%
Clothing: 9.10%
Household equipment, supplies and maintenance services: 6.00%
Health care and personal supplies: 10.00%
Transportation and communication: 10.40%
Recreation, education, and cultural goods and services: 14.20%
The eighth major category was housing: 13.2%