Xi Jinping: China to Expand Pharmaceutical Monopoly, Keep ‘Unfettered Flow of Trade’ – IOTW Report

Xi Jinping: China to Expand Pharmaceutical Monopoly, Keep ‘Unfettered Flow of Trade’

He’s going to continue making and sending out medical products that don’t work?

Breitbart: Chinese dictator Xi Jinping told fellow G20 leaders in a teleconferenced speech on Thursday that China intends to increase its manufacturing of pharmaceuticals and medical supplies to “keep global financial markets stable.”

Xi demanded that the rest of the world help keep the world’s markets — currently monopolized by the Chinese Communist Party — “stable” amid growing demands that countries reconsider having nearly all their necessary goods sourced from the communist regime. Extensive reporting out of Wuhan, the origin city of the current pandemic, has conclusively determined that communist censorship and repression of individuals seeking to share basic health tips to prevent spreading a contagious disease significantly amplified the spread of the Wuhan coronavirus.

One study blamed China for as many as 95 percent of the world’s known coronavirus cases.

G20 nations held a video conference in which each of their leaders delivered a speech from their home countries, allowing them to exchange ideas while not traveling and potentially being exposed to the Chinese coronavirus. Xi’s statement, as translated in full by the state-run Global Times propaganda outlet, focused greatly on “cooperation” among member nations to contain the pandemic while emphasizing that China must lead all joint actions.

“We need to better coordinate financial regulation to keep global financial markets stable. We need to jointly keep the global industrial and supply chains stable,” Xi said. “What China will do in this regard is to increase its supply of active pharmaceutical ingredients, daily necessities, and anti-epidemic and other supplies to the international market.”

“China will continue to pursue a proactive fiscal policy and prudent monetary policy,” he continued. “We will continue to advance reform and opening-up, widen market access, improve the business environment, and expand imports and outbound investment to contribute to a stable world economy.”

To benefit what Xi depicted as charitable actions by China, he demanded that “all G20 members take collective actions” that would benefit the Chinese Communist Party’s economy, such as “cutting tariffs, removing barriers, and facilitating the unfettered flow of trade.”

Xi also proposed a “global network of control and treatment,” also led by him, that would grant China full access to all medical data, presumably also including intellectual property related to the manufacture and development of medical technology. read more

25 Comments on Xi Jinping: China to Expand Pharmaceutical Monopoly, Keep ‘Unfettered Flow of Trade’

  1. Yeah, like the virus test kits that fail to work 80% of the time? Notice how none of the CCP politburo seemed to get sick, it’s because they got to use the best western stuff they could buy.

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  2. scr_north – Don’t know if it was released on purpose, but I’m pretty sure it is a weaponized virus! I think that’s the big reason our government was spooked about it from the git go.

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  3. While most people don’t like to think in such a way, if the Communist Chinese Party were trying to infect the rest of the world in order to crash the world economy, throw President Trump out of office and take advantage of the world economically by selling defective tests and masks (as has been reported over the last few days), would they be doing anything different from what they are now?

    Whether the initial release was intentional or not, the Communists in China are doing their best to take advantage of the misery that they foisted on the rest of the world. Like the virus itself, the CCP needs to be isolated and killed off by the rest of the world right now.

    Warfare is not always conducted by guns, ships and planes. We need to realize this now and act accordingly because the end result of this Chinese virus is warfare (economic and otherwise) whether we like it or not.

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  4. Bubba’s Brother – Allow me to add: To all those people who will point out that this has damaged China’s as well, keep in mind that Communists don’t give a damn about the human price tag involved. History has proven that over time and again… It’s just that our schools no longer teach it!

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  5. I’d still like an explanation of why 21 million cell phone accounts in China have closed in recent months.

    I also suspect we are witnessing only the First Act of this tragic drama on the world stage.

    Wait until hurricane season (June-November) forces people to huddle in crammed emergency shelters. Kiss that Social Distancing goodbye…along with each other.

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  6. I miss the “Made In America” Four Pound Berthas. The ones made in China always break off in my unbleached elastic starfish. My Petey B gets so upset every time he uses and abuses one on me. Come on China! Make me and my Petey B really happy!

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  7. “Warfare is not always conducted by guns, ships and planes. We need to realize this now and act accordingly because the end result of this [Marxist indoctrination in America] is warfare (economic and otherwise) whether we like it or not.”
    I think this could be considered just as accurate.

  8. I avoid Made in China as much as possible. I am beyond pisses at America’s phramaceutical compaies who have succumbed to have the Chinsese control many of our impatant medications over the almighty buck. Long before COVID-19 I was concerned abot the number of meds manufauctured in China.

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  9. @PJ March 29, 2020 at 10:09 am

    > Tell me again why previous U.S. administrations trust a country that forces abortions on it’s own people, to supply the medical needs and vitamins to the world?

    asked & answered

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  10. Our rulers let the Chinese elephant into the tent for personal profit. Now it wants the whole tent for itself. What super-genious Harvard MBA could have predicted that?

    The solution is to remake trading alliances with individual tariffs and content (amount of trade) laws per country. Set tariffs high enough that US manufacturers can compete with lower wage countries. The standard tariff before WWII was 20%. Don’t like Chinese threatening to cut off access to drugs unless we kow-tow to them, then zero Chinese content of any drug allowed into the USA. Freeze them out completely.

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  11. I’d still like an explanation of why 21 million cell phone accounts in China have closed in recent months.

    Most Chinese live hand to mouth (even more so than poor Americans). With the Chinese New Year and then the quarantine, many migrant Chinese were stuck in their home towns and couldn’t get to factory jobs in the cities. They had to economize and a personal cell phone service is luxury.

    P.S. I don’t believe Chinese corona virus stats at all, but speculation that 21 million died because they no longer have cell service is Zero Hedge territory.

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