China, like Russia, has been reducing its dollar holdings as much as p — China

"There is a hush over all Europe, nay, over all the world, broken only by the dull thud of Japanese bombs falling on Chinese cities, on Chinese Universities or near British and American ships. But then, China is a long way off, so why worry? The Chinese are fighting for what the founders of the American Constitution in their stately language called: “Life, liberty and the pursuit of happiness.” And they seem to be fighting very well. Many good judges think they are going to win. Anyhow, let’s wish them luck! Let’s give them a wave of encouragement – as your President did last week, when he gave notice about ending the commercial treaty. After all, the suffering Chinese are fighting our battle, the battle of democracy. They are defending the soil, the good earth, that has been theirs since the dawn of time against cruel and unprovoked aggression. Give them a cheer across the ocean – no one knows whose turn it may be next. If this habit of military dictatorships’ breaking into other people’s lands with bomb and shell and bullet, stealing the property and killing the proprietors, spreads too widely, we may none of us be able to think of summer holidays for quite a while."

"have no recourse to anything like an . The Communist Party decides if you’re guilty or innocent. The conviction rate stands in excess of 98 per cent. Torture and are commonplace. Xi has lately embarked on a vicious campaign of harassment and intimidation of activists, ethnic and religious minorities, and feminists. Scores of human rights lawyers have been rounded up and jailed."

"Most people with mental disorders in China never receive treatment. There is often a stigma attached to such ailments. Some think that people with psychiatric conditions are possessed by evil spirits. Many see mental disorders as a sign of weakness, and regard them as socially contagious: a relative of someone with a serious disorder may find it hard to marry. Families sometimes have their kin treated far away to hide the “shame” of their condition, or keep them hidden at home. Even many medical students worry that those working with psychiatric patients risk catching their disease, says Xu Ni of “It Gets Brighter”, a mental-health NGO in Beijing."

"Let us now pause to take stock of some of the results which have accrued from the operation and influence of Confucianism during such a long period, and over such swarming myriads of the human race. It is a commonplace in the present day to assert that the Chinese are hardworking, thrifty, and sober—the last-mentioned, by the way, in a land where drunkenness is not regarded as a crime. Shallow observers of the globe-trotter type, who have had their pockets picked by professional thieves in Hong-Kong, and even resident observers who have not much cultivated their powers of observation and comparison, will assert that honesty is a virtue denied to the Chinese; but those who have lived long in China and have more seriously devoted themselves to discover the truth, may one and all be said to be arrayed upon the other side. The amount of solid honesty to be met with in every class, except the professionally criminal class, is simply astonishing. That the word of the Chinese merchant is as good as his bond has long since become a household word, and so it is in other walks of life."

"So far, the world economy, particularly Australia and the United States, have benefited greatly from Chinese economic growth. This is likely to continue to be the case for some time... There is no real alternative to the United States as the global leader. China doesnt want the role. It would only divert its focus from its own development challenges. And to be frank, China would not be trusted by many countries, particularly in the , to be the global leader... Authoritarian state capitalism, seen today in China and Russia. While both countries have introduced elements of a market economy, private companies there operate side-by-side and at a significant disadvantage to state owned entities favored by government regulators. This mixed economy is not paralleled on the political side. What is emerging is an increasingly authoritarian political system with decreasing space for civil society, free media, and dissent. This model is attractive to authoritarian leaders around the world who see it as way to maintain power while still growing their economies."

"The problem for China is political. China is held together by money, not ideology. When there is an economic downturn and the money stops rolling in, not only will the banking system spasm, but the entire fabric of Chinese society will shudder. Loyalty in China is either bought or coerced. Without available money, only coercion remains. Business slowdowns can generally lead to instability because they lead to business failure and unemployment. In a country where poverty is endemic and unemployment widespread, the added pressure of an economic downturn will result in political instability."

"As long as you keep getting born, it’s okay to die sometimes."

"The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum - even encourage the more critical and dissident views. That gives people the sense that theres free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate."

"History is a strange experience. The world is quite small now; but history is large and deep. Sometimes you can go much farther by sitting in your own home and reading a book of history, than by getting onto a ship or an airplane and traveling a thousand miles. When you go to Mexico City through space, you find it a sort of cross between modern Madrid and modern Chicago, with additions of its own; but if you go to Mexico City through history, back only 500 years, you will find it as distant as though it were on another planet: inhabited by cultivated barbarians, sensitive and cruel, highly organized and still in the Copper Age, a collection of startling, of unbelievable contrasts."

"As soon as a thought or word becomes a tool, one can dispense with actually ‘thinking’ it, that is, with going through the logical acts involved in verbal formulation of it. As has been pointed out, often and correctly, the advantage of mathematics—the model of all neo-positivistic thinking—lies in just this ‘intellectual economy.’ Complicated logical operations are carried out without actual performance of the intellectual acts upon which the mathematical and logical symbols are based. … Reason … becomes a fetish, a magic entity that is accepted rather than intellectually experienced."

"Our feminist culture at the present moment is completely dependent on capitalism. My grandmother was still scrubbing clothes on the back porch on a washboard!"

"A word of the faith that never balks, Here or henceforward it is all the same to me, I accept Time absolutely. It alone is without flaw, it alone rounds and completes all, That mystic baffling wonder alone completes all. (23)"