Chapter 6: Head of the Snake
In 2002 Sinochem reported revenues of approximately U.S. $18.7 Billion. It has over 40 subsidiary and representative offices in other countries around the world. As a state-owned and run corporation with private investors as minority shareholders, Sinochem�s officers are in reality political appointees of the Communist Party leadership.
As such Sinochem�s management has operated under the direction of the Chinese government, which candidate Bill Clinton once called the �tyrants� of Beijing. We cannot sit back and believe that Sinochem�s reported activities in proliferating Weapons of Mass Destruction were done independently and without the Communist leadership.
Chapter Six Features:
- Sinochem�s role in helping India develop nuclear weapons, as well as selling heavy water and nuclear materials to Argentina.
- Worldwide news reports of Sinochem�s secret sale of 500 tons of phosphorus pentasulphide, a precursor for VX nerve gas, as to Iran�s mullahs.
- According to the Nuclear Threat Initiative in February 1997, Sinochem is suspected of transferring materials and technology related to biological weapons to Iran.
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