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An American in China

Archive for October 18th, 2014

Huawei Phone of Choice for Chinese Communists

Posted by w_thames_the_d on October 18, 2014


It is official, Huawei is the forced phone of choice for China’s modern mandarins. Combining protectionism with stupidity, I mean security, the communist party has mandated that all of its officials use Huawei phones. This makes sense, after all; Huawei is run by communist faithful and supposedly uses his gear to spy for Beijing. This makes it much easier for CCP Xi to keep tabs on his frenemies from afar. Instead of tapping, LG’s Samsung’s and Apples, he only needs to tell Ren Zhingfei to keep track of what is going on. Based on his track record, Ren will have no ethical problem with doing just that.

Excerpt from wantchinatimes.com

Huawei and their smartphone business have not exactly garnered good press in the past – especially when there were allegations of Huawei churning out spyphones for the China government, which the company vehemently denied. Subsequently, it is said that Huawei themselves decided to pull out from the U.S. market, where we then learned that the tables were turned afterwards with the NSA being accused of spying on Huawei instead. Having said that, it seems as though officials over in China will have a spanking new smartphone soon – and it will not hail from the likes of Samsung, LG, HTC or other big name players, but from Huawei themselves.

It seems that Samsung smartphones have made it to the list of banned mobile devices in which Chinese officials are unable to use. As for the reason given behind such a ban? The answer is pretty simple – due to security issues, not to mention the possibility of the Chinese government working to boost the development of local manufacturers.

Huawei, being one of the largest smartphone makers in China, will hopefully be able to offer decent powered smartphones to the Chinese officials, since the officials themselves will not be able to get their hands on anything Samsung, Apple, or the other more established brand names anytime soon when it comes to the official work phone.

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Crook Speak and China Green Agriculture Inc.

Posted by w_thames_the_d on October 18, 2014


Chinese companies have invaded the American stock market. With them one can enjoy a taste of China from home. Purchasing China Green Agriculture, Inc. (NYSE: CGA) for example, allows a guy sitting in Dubuque, Iowa to be lied to and cheated just as much as his Chinese counterparts. Of course the guy from Dubuque has to be foolish enough to invest in Chinese securities, but lets avoid that topic for now. Yes China has off shored deceit and fiscal misrepresentation, the two key ingredients to all matters financial in the PRC.

In the letter below, some toe-headed guy wearing a uni-cut suit and brandishing teeth the consistency of gravel and the size of size of a small animal attempts to explain to hard working Americans how his company did not lie to them this stealing their cash.

As much as I would like to believe him, I cannot. If nothing else, my seven years in China taught me one truism, ‘believe nothing from China’. While this seems like a sweeping generalization, it is. Thus does not mean it is untrue, however. For example, I would contend that Tutsi’s are big and pygmies small. Both are generalizations and both true.

The simple fact is that Chinese define ‘truth’ differently than we do. Susan Blum addresses this issue in her book Lies That Bind: Chinese Truth, Other Truths but I will summarize her conclusion for you: Chinese do not see lying as deceit. To them it is circumstantial and a matter of kinship. As you will never be kin as they define it, you stand a much greater chance of being lied to. In sum, Chinese will deceive you as often as they can. To them it is a matter of economic survival.

Bear that in mind when reading the following:

XI’AN, China, Oct. 17, 2014 /PRNewswire/ — China Green Agriculture, Inc. (NYSE: CGA; “China Green Agriculture”, “we” or the “Company”), a company mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its subsidiaries in China, today provided a shareholder letter from Mr. Tao Li, the Company’s Chairman of the Board of Directors and Chief Executive Officer. The full text of this shareholder letter is as follows:

Dear Shareholders:

Certain short sellers published an article on October 1, 2014, that falsely alleged us of misrepresenting results of our operations and our sales. We have carefully analyzed that article and found it contains numerous factual misstatements. The article was a malicious attack to our Company’s operations and business model with largely distorted and inaccurate information. Certain presentations in the article were obtained by the short sellers via criminal means, such as corporate espionage and sabotage. The law enforcement in China had already taken the case and is currently prosecuting against this espionage crime.

Our Company operates with high ethical and quality standards while our management constantly reviews our business practices and products. We also hire independent, outside experts to ensure our operations are in full compliance with laws and regulations.

The allegations against us are frivolous. On October 1, we have updated progresses on our development of new business model in a press release, in keeping with our policy of communicating with our shareholders, we hereby provide rebuttal to the shorts’ article.

Link

http://money.cnn.com/news/newsfeeds/articles/prnewswire/CN40659.htm

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