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1. this recent act of congress is a big deal, it even names chairman xi in the title of the act: “Assessing Xi’s Interference and Subversion Act” or “AXIS Act”.

   https://www.congress.gov/bill/117th-congress/house-bill/7314/text

   here is the wording:
   “…shall submit to the appropriate congressional committees a report on whether and how the People’s Republic of China, including the Government of the People’s Republic of China, the Chinese Communist Party, any Chinese state-owned enterprise, and any other Chinese entity, has provided support to the Russian Federation with respect to its unprovoked invasion of and full-scale war against Ukraine.”

   note that the “appropriate congressional committees” is defined as including “(2) …..the Committee on Banking, Housing, and Urban Affairs of the Senate.”

   not sure why an indian newspaper has the best coverage thus far of the AXIS act that i can find in english, but here it is:

   https://www.sundayguardianlive.com/opinion/china-calibrating-policy-post-us-axis-act

   The “Axis Act” undoubtedly is meant to subdue China, and intensify factional feud within the CPC. The Act is unprecedented as it has named Xi Jinping in person, and could be seen as an attempt to bolster his detractors to stop his third term.

   this is the coverage i have been able to see so far on US sites, interesting to see the NY post involved.

   https://nypost.com/2022/04/01/gop-bill-would-force-disclosure-of-chinas-putin-collaboration/
   https://www.theepochtimes.com/house-passes-axis-act-accusing-china-of-whitewashing-russias-war-crimes_4436039.html

   if i were reading between the lines here, i would imagine the US is contemplating creating a framework to sanction the personal assets of various chinese leaders – including one person clearly named.

   i wonder if china will reciprocate by seizing the assets of rosemont seneca partners, hunter b and chris ‘kerry’ heinz.
   https://nypost.com/2022/04/23/wikipedia-deletes-entry-for-hunter-biden-firm-rosemont-seneca-partners/

   we live in strange, strange times.

   1. Deeply appreciated. Just saw a headline that implied that XI is seriously ill. Not sure yet of the facts.

      1. You have to wonder how much personal wealth over the past 20+ years has gone from mainland to hong Kong into the British offshore financial system. And the other way, into mainland through HK. I don’t think rich Chinese are holding significant personal assets in russia or in roubles. Many of the wealthy people’s kids studied in the USA – and if not there, then in australia, England, Canada. Many hold dual passports in the West as a matter of diversifying risk.. The big4 accounting companies and western investment banks have advised them on how to structure their offshore businesses. They did not use Sberbank for their major transactions. So there is a lot of personal wealth involved, which makes for the most potent of leverages.

         Interesting how this hasn’t made it to the lamestream media yet. Another example of how they are holding the line on what can be talked about and what can’t. We can talk about invasions and military conflict, but not about the money. The bill passed late April, so it has been several weeks. Only Indian newspapers and the NY post care, apparently. The NY post and epoch times articles look nearly identical, like they came from the same source. There is a lot of shuffling around behind the scenes.

         1. After China invades Taiwan, they will find out how safe the western banks are.

         2. Exactly!

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