Thought for the day

"We hang petty thieves and appoint the great ones to public office." -- Aesop, Greek slave & fable author

Factories in China’s southwest have shut down after reservoirs used to generate hydropower ran low in a worsening drought, adding to economic strains at a time when President Xi Jinping is trying to extend his position in power.

Companies in Sichuan province – including makers of solar panels, cement and urea – closed or reduced production after they were ordered to ration power for up to five days, according to news reports Wednesday.

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China is well known for its futuristic maglev trains, which use electromagnets to propel the vehicles over tracks at high speeds.

Now the country has unveiled its first suspended maglev line built with permanent magnets, which engineers claim can keep a 'sky train' afloat even without a power supply.

The 2,600ft experimental track, known as the Red Rail, is located in Xingguo county, Jiangxi province, in southern China.

Add Toyota Motor Corp. and Contemporary Amperex Technology Co., the world's largest battery maker, to the growing list of companies shutting down factories in China's Sichuan province as a drought-induced power crisis worsens, according to Bloomberg

Toyota closed its plant in the provincial capital of Chengdu until Saturday, a company spokesperson said, while Contemporary Amperex halted operations at its lithium battery factory in Yibin. 

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China called on the U.S. to refrain from sailing naval vessels through the Taiwan Strait, saying Beijing would take further action in the wake of House Speaker Nancy Pelosi’s visit to Taipei.

President Joe Biden said Monday that the U.S. would intervene militarily if China were to invade Taiwan, saying the burden to protect Taiwan is “even stronger” after Russia’s invasion of Ukraine. It was one of the most forceful presidential statements in support of Taiwan in decades.

Biden, at a news conference in Tokyo, said “yes” when asked if he was willing to get involved militarily to defend Taiwan if China invaded. “That’s the commitment we made,” he added.

China’s state-run Global Times propaganda newspaper praised the government of Hungary under self-proclaimed conservative Prime Minister Viktor Orbán on Monday for greenlighting the construction of a Chinese electric vehicle battery factory and being “rational and pragmatic” in maintaining friendly relations with the Chinese Communist Party.

Latvia and Estonia announced their withdrawal from the “17 + 1” format, which was created 10 years ago to promote economic relations between China and Eastern European countries. In justifying the unfriendly act towards China, the three Baltic Republics, which includes Lithuania, claimed that they placed great hope in economic benefits with China, but this did not materialise as there was very little investment from the Asian country. They also claimed that trade was damaged by the imbalance, which is in Beijing’s favour. 

Dominant Biden regime hardliners are recklessly playing with fire by pushing things for possible war with Russia and China.

The risk of what’s unthinkable is more possible than at any previous time post-WW II — because lunatics run the Washington asylum. 

With Russia overwhelmingly triumphing over US-created and supported Ukrainian Nazis, the empire of lies risks an unthinkable nuclear disaster by orchestrating and directing their attacks on the Zaporozhye nuclear power plant — with intent to release and spread deadly radiation over much of central Europe.