NESARA- REPUBLIC NOW - GALACTIC NEWS: China introduces gold & silver coin ATMs in Beijing

So, what does China, via Hong Cong/Macau, "get" for street emergence into the silver and gold markets? Minimally, "moderate" weather "control", via Super-Typhoon Usagi.

From: Charleston Voice

Subj: Strongest Storm on Earth En Route to Hong Kong | Climate Central

http://www.climatecentral.org/blogs/strongest-storm-on-earth-en-route-to-hong-kong-16508

From: Charleston Voice
Subj: [Charleston Voice] Hua Xia Bank introduces five gold and silver coin ATMs in Beijing

http://chasvoice.blogspot.com/2013/09/hua-xia-bank-introduces-five-gold-and.html

It would seem ATMs would be just the thing for American convenience. We say this as with lawlessness, with theft, security, insurance and liability costs - for coin dealers - must be considered. Additionally, with ATMs being located in high traffic areas, they would also be available to complement online purchases, should that convenience not be available, or curtailed. Extended hours could also be considered, including weekends. Unfortunately, we see three shortcomings - 1) non-certified numismatic coins would not fare well; 2) Government reporting & tax collection you just know would be tracked; 3) there is no provision for exchanging, or selling, back to the vendors. Like any other consumer item, however, the "market" would quickly develop 'workarounds'.

Staff Reporter

2013-09-19

08:34 (GMT+8)

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIf73HAQzw7CSc-GpIrXzh39tmrI-h_TyY5keKyb6PGz6jV4wU6a5fs-Rageinbe0s1wNmHT8b4uoaebe5URbdPUdRM6C5TzrOO3T2646BywRZXxLwSTd2ttaHl9jPwEyCtpp4kp0uiXbH/s1600/image001-708301.jpg

One of the new ATMs in Beijing. (Photo/CFP)

People in Beijing can now buy gold or silver coins at ATMs after the Beijing-based Hua Xia Bank introduced five of the machines earlier this month, according to Hong Kong's We Wei Po.

The bank installed the five machines at its branches across the city in Xidan, Fangzhuang, Zhongguancun, Dongdan and on Qingnian Road.

The ATMs look like ordinary teller machines but have an additional compartment to dispense the gold and silver coins. The machines currently offer panda souvenir gold or silver coins and Year of the Snake silver coin and plate sets.

A single 1-oz panda silver coin priced at 268 yuan (US$40) is the cheapest item available, while the panda gold coin set is the most expensive at 23,800 yuan (US$3,800).

Buyers can purchase the coins using their bank cards. After they place their orders using the machine's touchscreen, their payments are verified through bank card organization China UnionPay and they can pick up their purchased items through the opening on the lower part of the machine.

If they want to purchase more than 20,000 yuan (US$3,200) worth of items, they will first need to place their ID cards on the machine's sensor to verify their identity before the order can be placed, Wen Wei Po said.

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Posted By Charleston Voice to Charleston Voice at 9/20/2013 10:05:00 PM

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[The below is an excerpt from: http://en.wikipedia.org/wiki/Hong_cong . Also, see Macau @ http://en.wikipedia.org/wiki/Macau , just across the Pearl River Delta from Hong Kong. Not that the city's "perfect", but Someone wants this area devastated. pjr]

View at night from Victoria Peak

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Hong Kong (香港, see Name section) is one of the two Special Administrative Regions of the People's Republic of China, the other being Macau. It is situated on China's south coast and, enclosed by the Pearl River Delta and South China Sea,^[7] it is known for its expansive skyline and deep natural harbour. With a land mass of 1,104 km² (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world.^[8] Hong Kong's population is 93.6% ethnic Chinese and 6.4% from other groups.^[3] Hong Kong's Cantonese-speaking majority originate mainly from the neighbouring Canton (now Guangdong) province,^[9] in which many of them fled from China to Hong Kong to escape wars and Communist rule from the 1930s - 1960s.^{[10][11][12][13]}

Economy

Main article: Economy of Hong Kong

Development of Hong Kong Island in 1986

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The Two International Finance Centre in Central, at twilight, an integrated commercial development in Central.

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Central and Victoria Harbour of Hong Kong

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As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010.^[28] Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage.^[133] It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995.^{[134][135][136]} It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region,^[137] and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.^{[138][139][140]}
The Hong Kong Stock Exchange is the seventh largest in the world, with a market capitalisation of US$2.3 trillion as of December 2009.^[141] In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world ^[142] and the easiest place to raise capital.^[143] The Hong Kong dollar has been pegged to the U.S. dollar since 1983.^[144]
The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s.^[145] Since then, it has grown to become a leading center for management, financial, IT, business consultation and professional services.^[143]
Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended.^[146][147] Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.^[133]
The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Agricultural activity—relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP—primarily consists of growing premium food and flower varieties.^[143] Hong Kong is the world's eleventh largest trading entity,^[148] with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre.^[149] Much of Hong Kong's exports consist of re-exports,^[150] which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo.^[143] Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline.^[151] Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007.^[152] Hong Kong's largest export markets are mainland China, the United States, and Japan.^[2]
As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year.^[153] Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars.^[154] In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.^[155]

Infrastructure

The Mass Transit Railway has more than 150 stations in its network.

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Main article: Transport in Hong Kong

CityBus Alexander Dennis Enviro 400 10.5m-A double-decker in Hong Kong heading to Stanley.

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Hong Kong's transportation network is highly developed. Over 90% of daily travels (11 million) are on public transport,^[31] the highest such percentage in the world.^[32] Payment can be made using the Octopus card, a stored value system introduced by the Mass Transit Railway (MTR), which is widely accepted on railways, buses and ferries, and accepted like cash at other outlets.^[156][157]
The city's main railway company (KCRC) was merged with MTR in 2007, creating a comprehensive rail network for the whole territory (also called MTR).^[158] This MTR rapid transit system has 152 stations, which serve 3.4 million people a day.^[159] Hong Kong Tramways, which has served the territory since 1904, covers the northern parts of Hong Kong Island.^[160]
Hong Kong's bus service is franchised and run by private operators.^[why?] Five privately owned companies provide franchised bus service across the territory, together operating more than 700 routes. The two largest, Kowloon Motor Bus provides 402 routes in Kowloon and New Territories; Citybus operates 154 routes on Hong Kong Island; both run cross-harbour services. Double-decker buses were introduced to Hong Kong in 1949, and are now almost exclusively used; single-decker buses remain in use for routes with lower demand or roads with lower load capacity. Public light buses serve most parts of Hong Kong, particularly areas where standard bus lines cannot reach or do not reach as frequently, quickly, or directly.^[161]
The Star Ferry service, founded in 1888, operates two lines across Victoria Harbour and provides scenic views of Hong Kong's skyline for its 53,000 daily passengers.^[162] It acquired iconic status following its use as a setting on The World of Suzie Wong. Travel writer Ryan Levitt considered the main Tsim Sha Tsui to Central crossing one of the most picturesque in the world.^[163] Other ferry services are provided by operators serving outlying islands, new towns, Macau, and cities in mainland China. Hong Kong is famous for its junks traversing the harbour, and small kai-to ferries that serve remote coastal settlements.^[164][165] The Port of Hong Kong is a busy deepwater port, specialising in container shipping.^[166]
Hong Kong Island's steep, hilly terrain was initially served by sedan chairs.^[63] The Peak Tram, the first public transport system in Hong Kong, has provided vertical rail transport between Central and Victoria Peak since 1888.^[167] In Central and Western district, there is an extensive system of escalators and moving pavements, including the longest outdoor covered escalator system in the world, the Mid-Levels escalator.^[168]
Hong Kong International Airport is a leading air passenger gateway and logistics hub in Asia and one of the world's busiest airports in terms of international passenger and cargo movement, serving more than 47 million passengers and handling 3.74 million tonnes (4.12 million tons) of cargo in 2007.^[169] It replaced the overcrowded Kai Tak Airport in Kowloon in 1998, and has been rated as the world's best airport in a number of surveys.^[170] Over 85 airlines operate at the two-terminal airport and it is the primary hub of Cathay Pacific, Dragonair, Air Hong Kong, Hong Kong Airlines, and Hong Kong Express.^[169][171]

Demographics

The territory's population in 2011 is 7.07 million, with an average annual growth rate of 0.6% over the previous five years.^[3] Residents from mainland China do not have the right of abode in Hong Kong, nor are they allowed to enter the territory freely.^[95] However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit".^[172] Life expectancy in Hong Kong is 79.16 years for males and 84.79 years for females as of 2009, making it one of the highest life expectancies in the world.^[2]
About 93.6% of the people of Hong Kong are of Chinese descent,^[3] the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province.^[9] The remaining 6.4% of the population is composed of non-ethnic Chinese.^[3] There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector.^{[note 4]} In 2008, there were an estimate of 252,500 foreign domestic helpers from Indonesia and the Philippines working in Hong Kong.^[174]
Hong Kong's de facto official language is Cantonese, a Chinese language originating from Guangdong province to the north of Hong Kong.^[175] English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language.^[176] Signs displaying both Chinese and English are common throughout the territory. Since the 1997 handover, an increase in immigrants from mainland China and greater integration with the mainland economy have brought an increasing number of Mandarin speakers to Hong Kong.^[177]
A majority of residents of Hong Kong would claim no religious affiliation, professing a form of agnosticism or atheism.^[178] According to the U.S Department of State only 43 percent of the population practices some form of religion.^[179] Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion,^[180][181] and possibly 80% of Hong Kong claim no religion.^[182] In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.^[183][184]
Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists.^[179] A Christian community of around 833,000 forms about 11.7% of the total population;^[185] Protestants forms a larger number than Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-Day Saints^[186] and Jehovah's Witnesses.^[187] The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities.^[188] The practice of Falun Gong is tolerated.^[189]
Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards".^[190][191] However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.^[192][193]