North Korea floods China with Super-Yuan fake bills.

[Korean]

Boxun News North Korean Counterfeit "Superbills" More Threatening to China Than Nuclear Weapons

North Korean Counterfeit "Superbills" More Threatening to China Than Nuclear Weapons
by Ding Sheng

It is widely known that North Korea has the ability to counterfeit virtually undetectable US dollar and Japanese yen "superbills." What is less well known is that the hermit kingdom has begun producing very high-quality counterfeit 100 yuan renminbi bills, and is using this capability to threaten China against cooperating with United Nations Security Council sanctions against the Kim Jong-il regime.

According to an official Chinese government source, the State Council recently convened an anti-counterfeiting work meeting in Beijing to discuss how to confront this dangerous new threat. At first Chinese authorities suspected Taiwan of being the source of the high-tech fake bills, but it has become increasingly evident that the source of the counterfeit currency is China's porous northeast border with its neighbor and longtime ally North Korea.

This is a vexing dilemma for China. If Beijing cooperates with the U.S. in sanctioning Pyongyang, China's dream of the yuan becoming the dominant currency in Asia and the PRC's financial security could be threatened by a flood of counterfeit bills. But if the Hu regime gives in to North Korea's counterfeit currency blackmail and continues to supply Kim Jong-il's rogue regime with food, fuel and nuclear and long-range missile technology, Japan may abandon its peace constitution and go nuclear, thereby upsetting the balance of power in Asia.

Kim Jong Il : "Print the superbills of North Korea's enemies to undermine their economy"
Kim Jong Il's Henchmen : Prints Chinese Yuan supernotes, along with US dollar bills and Japanese Yen.

According to reports, 4% of US dollar bills circulating in China are NK supernotes. Experts suspect that the similar amount of Yuan bills are also NK supernotes.

Interestingly enough, ROK Won doesn't have this NK supernote problem.

 

[rai_kamal]

It Means,some body is there in world who can threaten China...!!!
And the country is North Korea..!!!
Even US is struggling to threaten China and NK did that...

 

[regular]

It Means,some body is there in world who can threaten China...!!!
And the country is North Korea..!!!
Even US is struggling to threaten China and NK did that...

NO! I guess India or the US is printing these fake bills and try to undermine the economy of the China.......

 

[Korean]

It Means,some body is there in world who can threaten China...

This is why China describes its relationship with NK as that of "a robber and a robbery victim".

Pakistan is China's sole true ally in the world.

 

[beijingwalker]

This is why China describes its relationship with NK as that of "a robber and a robbery victim".

Pakistan is China's sole true ally in the world.

I've got the same feeling,there are some crazy North Koreans leaders there who are capable of using nuclear weapons to attack South Korea and US troops in South.that country may bring nuclear war next door to China.

 

[FairAndUnbiased]

I've got the same feeling,there are some crazy North Koreans leaders there who are capable of using nuclear weapons to attack South Korea and US troops in South.that country may bring nuclear war next door to China.

He is using boxun news which is pro-US propaganda.

For every yuan North Korea counterfeits, they counterfeit far more USD.

However, I still think we should do a preemptive first strike on North Korea and replace Kim with a military dictator. If South Korea interferes just wipe the lot of them off the map.

 

[Korean]

For every yuan North Korea counterfeits, they counterfeit far more USD.

Historically, North Korea counterfeited dollar bills and yen bills for decades, but North Korea doubled up its Yuan counterfeit operation since mid 2005 as it was cut off from outside world via US sanctions, and had come to depend on China as the source of food and oil.

As you may be painfully aware, Yuan counterfeit-ting is wide-spread in China where even bank ATMs spit out counterfeit bills and taxi can drivers give you change in counterfeit bills, which turned ordinary Chinese people into expert counterfeit bill spotters. Of all the counterfeit Yuan bills produced, the North Korean one is absolutely the best, which could only be spotted by the counterfeit experts sitting in China's central bank and are circulated indiscriminately because ordinary Chinese could not spot them.

However, I still think we should do a preemptive first strike on North Korea and replace Kim with a military dictator.

Which would result in the death toll of another half million PLA troops.

 

[FairAndUnbiased]

Historically, North Korea counterfeited dollar bills and yen bills for decades, but North Korea doubled up its Yuan counterfeit operation since mid 2005 as it was cut off from outside world via US sanctions, and had come to depend on China as the source of food and oil.

As you may be painfully aware, Yuan counterfeit-ting is wide-spread in China where even bank ATMs spit out counterfeit bills and taxi can drivers give you change in counterfeit bills, which turned ordinary Chinese people into expert counterfeit bill spotters. Of all the counterfeit Yuan bills produced, the North Korean one is absolutely the best, which could only be spotted by the counterfeit experts sitting in China's central bank and are circulated indiscriminately because ordinary Chinese could not spot them.


Which would result in the death toll of another half million PLA troops.

That's OK, we killed 2 million Koreans.

 

[somebozo]

thats not the way friends treat friends..very bad Kim Jong Il

 

[Korean]

thats not the way friends treat friends..very bad Kim Jong Il

Kim Jong Il doesn't consider China to be a friend, rather an enemy.

According to the autobiography of Kim Jong Il's personal chef of 10 years Fujimoto Genji, the only country that Kim Jong Il would badmouth was China.

So you can see what kind of "friend" Pakistan has.

 

[fallstuff]

He is using boxun news which is pro-US propaganda.

For every yuan North Korea counterfeits, they counterfeit far more USD.

However, I still think we should do a preemptive first strike on North Korea and replace Kim with a military dictator. If South Korea interferes just wipe the lot of them off the map.

Boxun.com (simplified Chinese: 博讯新闻网; traditional Chinese: 博訊新聞網; pinyin: Bóxùn xīnwén wǎng) is an overseas Chinese community website created by Meicun "Watson" Meng, who studied in the United States after working for two multinational companies in China. Boxun covers international political news and human rights abuses in the People's Republic of China, among other topics. Boxun allows anyone to submit news to the website, which results in a large number of articles remaining anonymous. Editors attempt to confirm and verify the articles, with pictures and videos published for evidence.

Boxun is an alternative source of news from China. Readers include NGOs and government organizations seeking information about China. The website has a literature section as well, devoted to short stories, essays, and political commentaries written by people in China and overseas.

Boxun is the first known Chinese website in the model of citizen journalism. It may also be the first Chinese blog, having started in 2001.

In February and March 2011, the site is blocked in mainland China[1][2] following calls for a Jasmine Revolution in China.

The Boxun servers are run from an office in North Carolina since 2000.[3]

Meng's tax-exempt[4] organization, China Free Press, is registered to the same North Carolina address as the Boxun website. From 2005 to 2009, the organization received grants totaling $513,366 from the National Endowment for Democracy, a U.S. non-profit organization founded in 1983 to promote U.S.-friendly democracy and funded primarily through an annual allocation from the U.S. Congress.[5] While the organization says it is independently run and audited, critics, including German leftist magazine konkret, have suggested that it is simply a tool of U.S. foreign policy.

link:

Boxun.com - Wikipedia, the free encyclopedia

 

[isro2222]

@beijingwalker isn't north korea the same country who recently declared chinese weapons are junk?.... They even threaten china.... Correct me if am wrong.... i think just after that north korea even killed chinese to which china did its best to bury the incident.... i do believe north korean master is mad guy.... If china thinks he would help china in war then think again.... that guy can't be trusted. They nearly turned against china.... by the way have u seen the meeting of north korea and south korea? The north korean always in hot temper and illmannerd.... They even go for fights in the middle of meeting.... am very sure north korean master is mental case and he would use nuclear weapon.... Just recently they thrown missiles on south korea island.... i think north korea would turn trouble for china.... Am very sure about it. By the way their military parade is far better then chinese parade.... infact china copied their parade.... North korean parade alot colorful but their master is a mental case....

 

[isro2222]

China Says North Korean Border Guard Killed 3 of Its Citizens - NYTimes.com

 

[Chinese-Dragon]

Hahaha, anyone who thinks that North Korea would turn against China is laughable. We supply most of their food and electricity, and we are the only country that Kim Jong-Il comes to when he is worried about anything.

In North Korean public statements, they always make it clear that their main enemies are South Korea and its master the USA, as well as Japan.

Everyone knows where Kim Jong-Il is aiming his nukes, at the same nation that he struck repeatedly before during the Cheonan sinking.

 

[FairAndUnbiased]

Hahaha, anyone who thinks that North Korea would turn against China is laughable. We supply most of their food and electricity, and we are the only country that Kim Jong-Il comes to when he is worried about anything.

In North Korean public statements, they always make it clear that their main enemies are South Korea and its master the USA, as well as Japan.

Everyone knows where Kim Jong-Il is aiming his nukes, at the same nation that he struck repeatedly before during the Cheonan sinking.

Still, Kim Jong Il is a dangerous dictator, and must be replaced with a military junta as soon as possible.