Mar 17, 2008

SOS - Subprime Olympics Securitization


It's not as if there aren't exploitable vectors a plenty to keep negotiating positions vis-á-vis a PR-prickly PRC in bettered balance, particularly during the peri-Olympic interval.

Heck, with competent opportunity managers at our helm it would perhaps not be considered holding hopes too high if one entertained notions of a reasonably coerced Chi-subsidy quietly directed at lessening the blow of the $200 Billion Bernanke-bail-outs scooped from the treasury and handed over to a Wall Street suddenly in love with Keynes. Chi-games and their stash of our treasury securities in some kind of sufficiently stabilized order in exchange for the lessening of indignation and wrath surely felt by the many friends of Friedman now gnashing their principled teeth at the actions of a hyper-interventionist Fed.

Enough of conspiratorial silliness. While considerable Chinese focus in securing the Beijing Olympics will be on terrorism-related scenarios likely to arise from foreign terrorists, likely scenarios from domestic disgruntled elements might deserve attention. Among these one could mention the Uighur jihadi terrorists who have close links with Al Qaeda and the International Islamic Front (IIF), the Tibetan activists, the members of the Falun Gong and irrational Chinese individuals. On the basis of the evidence presently available, it is assessed that the Uighur terrorists have a capability for diversionary attacks in Xinjiang and against Chinese nationals, interests, diplomatic missions and offices in Pakistan and the Central Asian Republics. The Tibetans have motivated activists, who might indulge in political acts such as shouting slogans, demonstrations, self-immolation etc. The Falun Gong could also indulge in such political acts. In the case of irrational elements, one cannot rule out acts of copy-cat terrorism similar to what happened at Atlanta.

From
a paper by Director B. Raman, Institute For Topical Studies, Chennai:

After a long interval of inactivity in the Xinjiang region of China, Uighur extremist elements have again been involved in two incidents reported by the Chinese authorities from that region.

The first incident took place at Urumqi, the capital of the province, on January 27,2008. There was reportedly an exchange of fire between the police and some Uighur extremists when the police raided a hide-out of a suspected sleeper cell of the East Turkestan Islamic Movement (ETIM), an associate of Al Qaeda with close links to the Islamic Movement of Uzbekistan (IMU) and the Islamic Jihad Union (IJU) or Group, another Uzbek group. While the objectives of the IMU are regional and confined to Uzbekistan and other Central Asian Republics and Xinjiang, those of the IJU are global. The IJU projects itself as a global jihadi organisation with no specific ethnic identity.

According to the official version of the raid, two Uighur extremists were killed and 15 others arrested by the Police. Five police officers were injured. Chinese officials refrained from giving publicity to this incident for nearly a month. They officially gave out the details only after the regional media in China started reporting about it, presumably on the basis of briefings from officials at the lower levels.

The Chinese authorities have assessed this incident as an indicator of a revival of the ETIM's activities as a prelude to a possible terrorist strike to be staged just before or during the Beijing Olympics of August,2008. While there is no reason to doubt the veracity of the facts as reported by Chinese officials, their linking it to the Olympics seems to be based more on precautionary speculation than on concrete evidence.

The second incident was reported to have taken place on board a Chinese commercial plane flying from Urumqi to Beijing on March 7,2008. Security guards travelling on board the plane overpowered two suspected Uighur extremists, who tried to create an incident. The Chinese media has characterised the incident as an attempted terrorist strike. The plane made an emergency landing in the northwestern city of Lanzhou. The two persons overpowered by the security guards were handed over to the local police for interrogation. The other passengers were also questioned. The police claim to have found some inflammable liquid in one of the toilets on board the aircraft. Further details are not yet available.

It is to be expected that anti-Beijing elements in the Uighur community in China as well as abroad would try to embarass the Chinese authorities and draw attention to their demands in the period before and during the Olympics. These elements fall into two groups. The first group consists of those inspired by the pan-Islamic ideology of Al Qaeda and acting in co-operation with it. In one of his messages of 2006, Ayman al-Zawahiri, the No.2 of Al Qaeda, had included Xinjiang in the list of lands historically belonging to the Muslims now under the control of non-Muslims. He wanted all these lands to be "liberated" from the control of non-Muslims. The pro-Al Qaeda Uighurs mainly operate from the camps of the IMU and the IJU in the North Waziristan area of the Federally-Administered Tribal Areas (FATA) of Pakistan. It has been difficult to quantify their number. Different reports estimate their number differently----ranging between 30 and 100.

The second group consists of pro-Western Uighurs, who mostly operate from Albania, Kosovo and Turkey. This group includes three or four Uighurs, who were handed over by the Pakistani authorities to the US for being interrogated at the Guantanamo Bay detention centre in Cuba. They were released subsequently since no evidence could be found against them that they posed a threat to US nationals and interests. They settled down in Albania and keep moving between there and Kosovo.

For the last two years, two anti-China video films purported to have been produced by unidentified Uighurs have been disseminated through the Internet. They do not appear to have been produced by As-Sahab, the Psywar and propaganda division of Al Qaeda.

While there is so far no specific evidence that these two groups are planning to stage Olympics-related incidents, the possibility of such incidents has to be factored into in any security plan for the Olympics. The possibilities are incidents not involving the use of violence by the pro-Western Uighurs and incidents amounting to acts of terrorism by pro-Al Qaeda Uighurs.

No comments: