An opportunity to set a new standard

China and the EU are preparing to launch negotiations for a bilateral investment agreement at the next EU-China Summit this November. The proposed agreement would replace existing bilateral investment treaties between EU member states and China. This is the moment to develop a more balanced international investment framework that would protect the sovereign power of both parties.

The current international framework for investment protection is increasingly perceived as a threat to national sovereignty and the protection of the rights and values of citizens. The risks associated with the dispute settlement clauses commonly included in these agreements are sparking an ever more urgent debate on a need for alternatives.

Dispute settlement in investment agreements typically enables foreign investors to unilaterally sue host governments behind closed doors before a triumvirate of arbitrators. ISDS allows foreign investors to challenge the laws and regulations enacted by sovereign governments by bypassing national courts. ISDS provides foreign investors with an option to go straight to an international arbitration process that carries an inherent bias in favour of the investors. The arbitrators are generally commercial lawyers or academics who make money out of these arbitrations, which can only be brought by foreign investors.

At the same time, the broad phrasing of the protections in investment agreements allow foreign investors to challenge almost any government measure that might impinge negatively on their projected profits. The clause guaranteeing the foreign investor a ‘fair and equitable’ treatment is particularly controversial because it can be stretched by the investor and the arbitrators to cover almost anything. Investment agreements also stipulate that foreign investors must be compensated for any kind of expropriation. Investment tribunals on various occasions have interpreted general public interest measures as indirect expropriations warranting compensation to the investor. Investors can challenge regulations from public authorities at all levels if they feel these may negatively affect their profitability.

Through the investor-state dispute settlement (ISDS) mechanisms, investment agreements can have a serious impact on policy space. Awards for damages can easily run into hundreds of millions of dollars, payable out of public budgets. And even if the state wins a dispute case, this is still a costly affair due to the costs of the arbitration and legal representation.

The Chinese audience may be aware of the investment dispute initiated by Chinese insurer Ping An initiated against the state of Belgium to claim compensation over damages arising from Belgium´s nationalization of Fortis Bank. It may thus look upon ISDS as a convenient tool to protect the interest of Chinese investors abroad. But if, as the EU wants, market access is included in the proposed investment agreement, China can also expect much more incoming investment from Europe, with European investors able to invoke the protections of the agreement and initiating cases against China if their investments are threatened.

International law firms, who discovered the opportunities of ISDS in the 1990s and are making big money out of dispute settlement cases, are actively raising awareness of the possibilities of investment arbitration with international investors and pushing them to file claims. The number of known investment cases has increased exponentially to arrive at a staggering 514 in 2012 – a number which probably only symbolizes the tip of an iceberg, as there is no obligation to publicly register an investment case, except for those brought before ICSID, the dispute settlement body of the World Bank.

China has already been at the receiving end of a number of WTO complaints, including over its raw materials policy. Without question, policies to boost domestic industries and reserve raw materials for domestic producers would also be challenged under an investment agreement, potentially leading to substantial and deep-cutting damages awards. ‘National treatment’ clauses typically included in investment agreements do not allow for this kind of ‘discrimination’ of foreign investors. An investment agreement would likely impact on other areas of policy-making as well. For example, environmental pollution is emerging as a major problem in China. But should China wish to introduce stricter environmental regulation, an EU-China investment deal would enable European investors to claim compensation if those new rules impinge in any way on their profit expectations.

Similarly, China’s ambition to build up a social welfare system will take time and require reregulation – which may be challenged by foreign investors. Multi-billion dollar compensation suits can be powerful lever to persuade governments to amend or abandon proposed legislation. Foreign investors can use ISDS to change regulations in the way that they want, instead of in the way the public interest, now and in the future, may require. And as investment treaties generally have a life span of decades, there are few exit options once an agreement is ratified.

A growing number of countries around the world feel the current framework for investment protection as a straightjacket, which is increasingly constraining their sovereign power to regulate. And resistance is mounting. Ecuador has recently announced an audit of its bilateral investment agreements because of their bias favouring multinational corporations, Australia has decided to no longer include ISDS in future investment agreements and countries like Canada are seeking to tighten up the legal phrasing of investment protection agreements to avoid overly wide interpretation of their protections by investment tribunals. Faced with a growing number of claims, India has decided to revisit its BITs, while Brazil has always categorically refused to implement any BITs.

South Africa, in a recent review of its BITs, concluded that their added value in attracting foreign investment was at best ambiguous, while their undermining effect on decision-making was significant. South Africa also expressed its concerns about standard BIT clauses on the free and unrestricted transfer of funds, as the current global economic crisis has highlighted the potentially destabilising effects of unrestricted capital movements.

In response to the growing critique, UNCTAD released an Investment Policy Framework for Sustainable Development (IPFSD), aimed at helping policy makers to connect the investment policy framework to domestic development policies and to ensure that investment supports sustainable development and inclusiveness objectives. Another alternative framework aimed at balancing investor rights with investor responsibilities is the Model International Agreement on Investment for Sustainable Development of the International Institute for Sustainable Development.

China would be wise to take note of proposals to reform the current investment protection framework by tightening up the legal phrasing and excluding ISDS before entering negotiations to liberalise its investment policy with the EU. China, as a key economic player, might set its ambition beyond merely seeking integration into existing investment protection standards. As civil society organisations, we call on both parties to seek out avenues to advance a new model that addresses the substantial problems associated with the current system for investment protection.


TNI is a member of the S2B network, which includes development, environment, human rights, women and farmers organisations, trade unions, social movements as well as research institutes form all over Europe.

Photo of Chinese money by Kevin Dooley

China is not an “emerging country” but a power that has emerged. It is not a “sub-imperialism” ensuring order in its own region, but an imperialism “in formation.” The new Chinese bourgeoisie is aiming to play in the big league. The success of its enterprise is still far from assured, but this ambition determines its international policies, both economic and military.

The new “emerging powers” are often grouped together under the acronym BRICS; namely Brazil, Russia, India, China and South Africa.

These states are in fact trying to form a bloc in the international arena, organizing “summits”; the Fifth of them took place in Durban (South Africa) in 2013 and the next one is due to take place shortly in Fortaleza (Brazil). They have announced the creation of an international development bank under their control, an alternative to the World Bank. They are engaged in competition with the traditional imperialisms for access to resources, especially on the African continent. The results of this venture have proved for the moment to be mediocre, but there remains the temptation to formulate a “common critical analysis” of the BRICS in order, in particular, to strengthen the capacity of popular “South-South resistance and solidarity”, counterposing the “brics-from-below” to the “BRICS-from-above” [1].

Patrick Bond, an influential activist in the global justice movement and a politically committed university professor in South Africa [2] develops his analysis in a recent article in Pambazuka [3]. Although for the “more radical proponents” supporters of the BRICSs bloc, there is an “anti-imperialist potential”, there are “far greater dangers”: to see these countries playing “a ‘sub-imperialist’ role’ in contributing to neoliberal regime maintenance ”. Bond’s analysis is nuanced and he takes into account the different situations in the various countries concerned, even raising the possibility of seeing some of them being part of”inter-imperialist“conflicts, as Russia is attempting to do in Ukraine/Crimea. But he still comes back to the use of the concept of sub-imperialism for all of the components of the”bloc" - China included.

As noted by Bond, the notion of sub-imperialist countries has a long history: it was invoked by Ruy Mauro Marini in 1965 to describe the role of the Brazilian dictatorship in the Western Hemisphere and “then repeatedly applied during the 1970s.” This is where things become problematic. “Sub-imperialisms” really do exist today, but the conditions for the emergence of Chinese power are so different from the countries we were talking about then that it is doubtful whether the same term enables us to understand this specificity.

The present Chinese regime has certainly helped to extend (massively!) The sphere of international accumulation of capital; it has been integrated into globalization and economic financialisation; it has legitimized the dominant order by joining the World Trade Organization (WTO), which is opposed by all progressive social movements; it has provided transnational companies with a labour force that has no rights and can be exploited at will (the rural migrants from the interior of the country) - all things that are part of the role traditionally assigned to sub-imperialisms. In doing so, China could have once again become a dominated country like the others, under the yoke of the traditional imperialist powers. This possibility was perceptible in the early 2000s, but the leadership of the Chinese Communist Party (CCP) and the new Chinese bureaucratic capitalism decided otherwise. They had the ability to do so thanks to the legacy of the Maoist revolution: the relationships of dependency with regard to imperialism had been broken, which is not true of any other member of the BRICS except Russia - and unlike the latter, the ruling party has been able to control continuously the process of capitalist transition, profoundly transforming the class structure of the country. [4]

This is not to say that the other countries that are more or less characterized as sub-imperialism (from Brazil to Saudi Arabia, from South Africa to Israel) are only pawns in the hands of Washington. But the logic within which the international policy of Beijing is situated is qualitatively different. When Brazil sent troops to Haiti and India sent troops to Sri Lanka, they were playing the role of regional gendarmes of the world order. In East Asia, China has engaged in a standoff with Japan - which is not at all the same thing - and by doing so it is launching a challenge to the United States: already a permanent member of the UN Security Council and an official possessor of nuclear weapons, it is postulating the status of a first-rank power. 

 Economy and Strategy

To serve its new ambitions, Beijing has an economic base that is much superior to that of Russia, which depends more exclusively on its military capabilities. China’s place in the global economy has grown in a rapid and impressive fashion. How far will this rising power go? For Bruno Jetin, in this area many uncertainties remain [5].

In absolute terms, China has had since 2010 the second biggest gross domestic product (GDP) in the world, behind the United States, but ahead of Japan and Germany. If current trends continue China could on this level take first place in a few years. [6] The important thing here is not the accuracy of the calculations or the prognostics, but the trend.

China also represents the second biggest market, one of the principal lenders and the biggest “workshop” in the world; a position that competition from other Asian countries with very low labour costs cannot easily threaten because the country also possesses a number of non-salary advantages. It is more difficult to measure the extent to which the Chinese economy is moving up market in the field of technological innovation. Because, once again, of its position of independence with regard to the traditional imperialisms, the regime can negotiate significant transfers of technology, but it has not yet made a leap forward in terms of radical indigenous innovations [7]. The CCP leadership has fixed for itself the objective of overcoming this limit in the future (including through the acquisition of Western companies).

Affirming its weight on a new terrain, China has just for the first time intervened as an “international gendarme” of competition, blocking a multinational rapprochement (in this case European) in which none of its own businesses was directly concerned: the link-up between the world leaders in maritime transport, Maersk (Danish), MSC (Swiss-Italian) and CMA-CGM (French), which had however already been approved by Brussels and Washington. [8] The choice of sector - shipping – for this surprise intervention was no accident: China is the largest exporter in the world.

The question remains: is the “Chinese model” of capitalist development sustainable? It is not sure that it can withstand the bursting of speculative bubbles (as in real estate) and a major social crisis; a new global recession, the outbreak of conflict in East Asia or acute tensions with the transnational Chinese capital. It has given birth to a particularly unequal social formation, similar to those of Latin American countries and far from those of Western countries - even though the United States is also highly unequal and some European countries are on the road to “ThirdWorldization”. Corruption is poisoning the country to the point of jeopardizing the implementation of economic policies. More and more very wealthy families - including those belonging to the upper echelons of the regime - engage in speculation and use tax havens to escape official controls. The coherence of “bureaucratic capitalism” is under pressure with the rise of private capitalists and is also undermined from within by the individualism of the “red princes”, children of dignitaries. However, it is this core of the present ruling class which controls the strategic project of creation of the new imperialism, which gives it its strength; if it breaks up, how will the conversion be carried through?

That having been said, for the moment Chinese international economic policy does not only aim to make profits: it also aims to lay the foundations of a superpower. In terms of raw materials, China lacks or will lack almost everything; it is buying on a massive scale agricultural and mining land (oil, gas, rare metals ...) all over the world and is taking control of multinationals [9]. It guarantees direct control over production by monopolizing the management of its businesses, but also by exporting Chinese labour (Africa ...) or by recruiting by preference citizens of other countries who speak Chinese (Vietnam ...). Correlatively, it seeks to ensure secure channels of intercontinental communication by buying ports [10] and airports, investing in merchant shipping and gradually deploying its military fleet on the occasion, particularly, of operations against piracy on the high seas.

Purchases of sovereign debt or banking institutions, diversification of its foreign exchange reserves, creating renminbi clearing banks in London and Frankfurt following on Singapore - and soon Paris ... China is strengthening its position in international finance, having made very good use of Hong Kong for this purpose. In October 2013, the Chinese renminbi supplanted the euro as the second currency in the financing of international trade, even though it is not yet fully convertible. [11]

Admittedly, for international financial transactions as a whole, the renminbi is still the seventh currency in the world (far behind the euro) and the supremacy of the dollar is not about to be challenged; but Beijing can take advantage of the concern caused by the way the United States demands a right to inspect accounts in dollars all over the world and to impose its laws outside its own borders on all commercial transactions denominated in its currency, as shown in the case of BNP Paribas, literally placed under U.S. supervision. [12]. In these conditions, the search for an alternative currency will gain strength.

China is also becoming more influential in another sector dominated by the traditional imperialisms. According to the latest report from SIPRI (Stockholm International Peace Research Institute) for the first time since the end of the Cold War, China ranks among the five largest arms exporters, a “top five” that had up till then only comprised the United States and Europeans. [13] With 6 per cent of sales, it ranks in fourth place just behind Germany (7 per cent), ahead of France (5 per cent) and the United Kingdom (4 per cent) which slips back to sixth place. [14] 

 The maritime conflict in East Asia

It is in East Asia that tensions between China, its neighbouring states and the USA are the sharpest. This is not something new. Washington deployed enormous resources to stem the tide of revolution that began in the region around the Second World War. After the conquest of power by the Maoist forces in 1949, a network of military bases was formed in an arc from South Korea to Thailand via Japan (Okinawa) and the Philippines. The outbreak of the Sino-Soviet conflict, when Moscow made a nuclear deal with Washington and placed China before a fait accompli, reinforced the encirclement syndrome in Beijing. What has changed, however, is the social nature of the Chinese state and, correspondingly, the policies that it implements in order to break the threat of physical isolation of which it fears it is the object [15].

This policy has today an economic dimension related to the massive export of capital that is one of the marks of the emergence of a new and very conquering Chinese capitalism, and to the explosive growth of trade relations. Beijing is creating a double dependency in countries of the region: through the importance of the Chinese market to their economies and through the growth of its investments in many of its neighbours. Thus, the CCP no longer hesitates to bypass the North Korean regime in order to strengthen directly its relations with South Korea.

Beijing is dangling the offer of a pax sinica that would consolidate these relations of economic dependency - but this policy also provokes growing social and national resistance where populations are victims of commercial dumping and unequal cross-border trade (Thailand ...), are threatened by huge infrastructure projects such as giant dams (a project aborted in Vietnam, another in Myanmar suspended ...), suffer too harsh working conditions in Chinese companies (Vietnam ...) or are driven from their lands which have been acquired by China (Philippines ...).

The implosion of the USSR and the end of the period known as the Cold War between blocs has made ​​the geopolitics of East Asia very unstable, with multiple “hot spots” – festering crises that have been unresolved for decades. In this context, Beijing seeks to establish itself as a key player in the international diplomatic manœuvres. This was obviously the case for the Korean peninsula, but China is now also present in Afghanistan.

This all-out regional policy has also a very aggressive military and territorial component that highlights how far this pax sinica would be unequal. To pander to the great-power nationalism that is filling the ideological vacuum left by the collapse of Maoism, to give legitimacy to the regime, to appropriate marine wealth, but also to ensure access for its fleet to the Pacific Ocean and the straits of Southeast Asia, Beijing has claimed sovereignty over nearly all of the South China Sea (a claim that is obviously rejected by the other countries that border these waters). It grants itself rights that apply in principle to an inland sea, not to an international shipping route. It in fact imposes its demands by building various military structures on uninhabited archipelagos, islets, rocks and reefs which are claimed or possessed by other countries in the region - it invites its citizens to fish everywhere under the protection of its coastguards and to engage in prospecting for oil, with the installation on May 2 of a drilling platform off the coast of Vietnam.

Against Vietnam, Malaysia, Brunei and the Philippines, Taiwan and Japan, Beijing takes possession of or demands the entirety of the Paracel and Spratly Islands, the Scarborough Reef, the Senkaku /Diaoyu Islands; and it is extending its own territorial waters to point of leaving virtually nothing for the other countries of Southeast Asia. Points of military friction have emerged to the west with Vietnam and to the east with Japan. Although in the first case very violent incidents have taken place, it is in the second that a “controlled” escalation has raised the stakes very high since Tokyo “nationalized” in September 2012 the Senkaku/Diaoyu Islands [16] - to such an extent that last November, China declared an air defence identification zone (ADIZ) including this small archipelago.


No power today wants to start a war in East Asia, but from provocation to counter-provocation, dangerous slippages cannot be excluded. And we are in the most nuclearized region of the planet where - as shown by the Korean crisis - China, Russia, the United States and Japan find themselves face to face. In a region that is also marked by the rise of xenophobic nationalisms and maritime militarization (where the biggest and the third and fourth biggest fleets in the world manœuvre). The United States has been constantly announcing its grand return to Asia and the Japanese right wants to free itself from the pacifist clauses of its Constitution: despite the opposition of a majority of the population, the Japanese cabinet of Prime Minister Abe has adopted a new “interpretation” of this Constitution, which should facilitate the participation of its army in military operations abroad ... [17]


The end of blocs as a result of the implosion of the USSR and capitalist globalization has created a situation of great instability, and not just interdependence (the United States dependent on Chinese capital and China dependent on the U.S. market). Washington cannot police the world alone and some regional “sub-imperialisms” are not enough to help it: it would need imperialist allies, even if they were “secondary”; but the European Union is conspicuous by its impotence and Japan cannot yet stand on its own two feet. For the moment, Beijing is taking advantage of this situation, on both the economic and military levels. But if (if!) the constitution of the new Chinese imperialism continues without major regime crisis, it will be accompanied by rising geopolitical tensions.


East Asia is certainly not the only region of the world marked by instability and by a rise in armed conflicts - the Middle East remains from this point of view by far the “hottest” region! But it is in Asia that the confrontation between all the major powers takes the most direct form.


Pierre Rousset




[1] Patrick Bond, “Which way forward for the BRICS (Brazil-Russia-India-China-South Africa) in Africa, a year after the Durban summit?”Pambazuka No. 673: Available on ESSF (item 31676).


[2] University of KwaZulu-Natal


[3] Patrick Bond, “BRICS (Brazil-Russia-India-China-South Africa]) and the tendency to sub-imperialism”, Pambazuka No. 673: ... available on ESSF (item 31709).


[4] See on this process Pierre Rousset, “D’où surgit le nouveau capitalisme chinois ? « Bourgeoisification » de la bureaucratie et mondialisation” of the bureaucracy and globalization”,

ESSF (article 31179):


[5] See Bruno Jetin, “China: unavoidable rise or possible decline?” in Au Loong Yu, China’s Rise: Strength and Fragility, Merlin Press, Pontypool, 2013. Much of the following data are taken from this chapter. For a historic overview of the rise of Chinese capitalism in the international arena, see in the same book, the chapter by Au Loong Yu, “China Going Global.”


[6] According to IMF calculations, which use data whose reliability is questionable, such as that concerning exchange rates.


[7] For example, in the car industry...


[8] Denis Cosnard, Le Monde, 19 June 2014.


[9] This has been the case for example in the dairy sector since 2010, with capital acquisitions by food giants controlled by the Chinese government such as Bright Food; New Zealand was the first target (the country is the world’s largest exporter of dairy products), followed by offensives in the United States and Europe, and recently in Israel. It is a question at the same time of securing the importation of products, ingredients or technologies in a very sensitive sector, following on the repeated health scandals concerning especially powdered milk for babies. Still in the food industry, a similar movement is underway in the meat sector, notably with WH Group taking control in 2013 of the pork processing enterprise Smithfield, which was the largest acquisition of a U.S. company by a Chinese group.


[10] Quite recently, the Chinese Premier visited Athens to negotiate, in particular, the extension of its interests in the port of Piraeus, put up for sale by the Greek government.


[11] Isabelle Chaperon, Le Monde, 29-30 June 2014.


[12] The big French bank BNP Paribas was sentenced to a record fine of nearly $9 billion (among other sanctions) for having traded in U.S. currency with countries subject to American embargo, even though such operations were conducted in Switzerland. It is surprising that the bank, warned of the risks it was running, persisted; but the bottom line is that any transaction must be recorded in dollars in a bank in the United States, which provides an opportunity for the American judicial system to intervene. 

Furthermore, it is the New York branch of BNP Paribas which will monitor all flows in dollars; it must also create a “Financial Security” department - still in New York - to ensure that operations worldwide respect American regulations: the largest French bank thus finds itself subjected closely to U.S. authorities.




[14] The two biggest exporters are obviously the United States (29 per cent) and Russia (27 per cent).


[15] It is not possible within the scope of this article to revisit the complex history of the Asian policy of Beijing in the Maoist era.


[16] Pierre Rousset, “Asie du Nord-Est: bruits de bottes pour une poignée d’îlots inhabités”, ESSF (article 26587)


[17] This article focuses on the rise of Chinese power. An article about the geopolitical situation of East Asia should obviously develop the specific roles of the “traditional” imperialisms, the USA and Japan.


* Translation International Viewpoint.

Link :

By Achin Vanaik

[This paper was presented at the Sub-regional Conference of the ASIA-EUROPE PEOPLE’S FORUM in Jakarta last 28-29 June 2012, co-organized by a Joint Committee composed of IGJ, SPI, API, PRP, Inkrispena, KIARA, WUSKI and KPRI.

Achin Vanaik retired as Professor of International Relations and Global Politics at the University of Delhi. He is a Fellow of the Transnational Institute, Amsterdam and is a founding member of the Coalition for Nuclear Disarmament and Peace (CNDP), India.]

Crisis for whom? Why after all this is it business more or less as usual? Because those who benefit think they can get away with it. Where there is greater ground level resistance – for example in Greece, significant political forces have put forward specific alternatives of a fundamentally anti-austerity kind – debt renegotiation, partial cancellation, progressive taxation and redistribution, employment generating policies, reversal of privatization, moving towards public control of finance. What the elites of Europe fear is that this kind of upsurge from below can spread from Greece to other European countries hence their support to the conservative parties. The crucial lesson – whether at the national or at the transnational regional level is that it is politics, i.e., the changes in the political relationship of forces or, if you like, in the balance of class forces that will decide what kind of alternative economic and social policies will emerge. Why is it that in Europe there are greater prospects of a series of struggles from below erupting in different European countries and seeking to solidarise with each other but that this is largely missing when it comes to the countries of South, Southeast and East Asia? This is something to be taken up later but for now I wish to take up another matter of great import, namely that capitalism by its very nature necessarily causes crises.

Tom Reifer

Cold War divisions were central to the rise of Asia-Pacific regionalism, but what factors are influencing alternative visions for Asia in the twentieth century, and what implications do they have for the global system as a whole?


EUOBSERVER / COMMENT - The role of major supermarkets like Tesco in wiping out small retailers across Europe is well known. Now the giants have India in their sights. For a country in which small-scale retail employs 33 million people, but where retail Goliaths are already forcing small businesses to shut up shop, what kind of impact will this have?

In June 2001, Dilip Kumar, 38, took out a loan to run a tiny store East Delhi, India. By selling groceries and other goods for daily use, he supported his wife, two daughters and two younger brothers. Everything was going fine until 2008, when corporate Indian chain stores, Reliance Fresh and More popped up in the vicinity of his shop.

service writing dissertation custom and papers research sell buy essay editing services medical dissertation chat pay writing live pal service do me assignment for writers london essay help times homework an order of in essay paragraphs homework help spreadsheet paper write to online on homework help 5 year is the essay site writing what best cheap paper wrapping sale christmas plavix daily pay homework someone do to my algebra acticin no generic prescription academic writing rules online pills danazol buying caps dating expectations of lowered best public brooklyn homework helper library best writing paper term company tax on essay payment essay order cheap quick online help homework einstein website a write comment airfare cheapest phd research leadership on proposal essay cheap paper druck dissertation job do teenagers need their resume first for a statements for personal medical of school examples helper homework economics custom papers australia help essay ubc associate cover example sales letter for writing paper college custom brahmi mg online overnight 10 term online buy papers and help essay diversity equality online papers research shopping hyuna dating hyunseung and 2012 honda pubilc homework syosset help library homework english helpers composition and language cover for engineer mechanical letter fresher sample good essay of qualities a nurse service personal statement writing ucas history family essay writing buy a doctoral dissertation management abstract business in dissertation while iphone turned updating computer off assignment writing service college helpers live homework to litmus where paper uk buy phd salil thesis vadhan toronto essay in help yawl a sail plan rigging prize dissertation yorku alcohol research paper content online services writing online tutor help assignment american buy pharmacy biaxin statement personal school service medical skin lesions from the dating hiv on writers paper college letter cover doc job computer help homework editing free essay service online kamagra no prescription purchase soft help bbc homework is what application writing introduction an essay help narrative essay me write my please for essay slides purchase presentation a letter to someone choose recommendation of how write to services writing article journal gcse drama help essay help accounting assignment melbourne for free my me paper write for is essays it buy to illegal online epic hero essay beowulf barmbeker wochenblatt online dating on history world homework help insurance on on perception customer literature review arguementive i paper buy college a where can how dissertation write narrative to a resume example filler order how carbamazepin to tablets order help dissertation phd cv services resume cincinnati writing with homework help books associate for examples no experience letter cover with sales downward on the spiral dissertation dissertation subjects branding order papers research authorship my write report someone can pay i to textbook answers homework help atlanta writing professional services ga resume best homework anatomy helper uk buy online tissue paper nursing buy papers louis riel essay essay metis the drug plug and marie winn in respect about essay an essay writing jobs online no one i dating and online tried 10 writing service resume top accounting need help homework with i internal weaknesses best buy phd boyd danah thesis achat generique de aralen online technical writing help to Zofran where buy papers online research buying writing coursework best services parents my essay class 4 on for for sample statement medical personal fellowship money book can reviews the buy best paper on what my research write do i help extended history ib essay with help that depression things buy paper can i writing where autobiography my how write to sample confession writer essay professional active levitra super brand geometry my do homework uk Lozol help homework victorian era help discovery homework writing help homework on money earn help homework website my what do homework will plan employer retirement help unit 1 assignment level childcare 3 war 2 homework help world thesis europe master available in supervisor dissertation meeting do someone assignments to pay my dating rice bangalore in exporters help operating system homework homework help fractions subtract essay editing dissertation logbook strategy for business plan distribution children essay written by live help homework chat company writing an in essay names dissertation review help uk ireland curriculum mechanical vitae for engineer cv my help write homework online help math application georgetown limit essays free online paper grade with anxiety and depression help answers homework help textbook write song a rap me for coupon for homework help chegg admission length mba essay services papers research papers research buy buy canada script no risperdal highschool for homework help extended help with essay writing paper skills help optics homework with clutter paper help leasing hire case study purchase and help sites english homework services federal writing reviews resume paper writing skills college homework algebra help doctoral writing assistance medical objective billing statement for resume nelle yagara acquisto filippine resume representative summary sales for hot research topics for papers with dissertation year 7 old writing help smoking argument essay manager purchase resume samples my write do how i biography dating andy commitment year 1 stanley attention deficit essay disorder online buy best buspar site paper research help write to pakistan dissertation help to admission write essay how graduate validating dynamically generated fields error javascript on writing essay an transcendentalism help buying danazol online caps cheap medication other women game eighteenth and in football essays century description the essay dating openers online pua requirements application essay college pay theory personality help homework psychology acheter voltarol purchase lotrel to site secure best 4 admission for papers sale class my write essay someone i to a purchase dissertation zemyx cover letter coordinator sales support for lotrel paypal buy accepted master medicine holland thesis regenerative for mechanical engineering resume help 4th social homework studies grade professional vitae curriculum service writing эро фото асы акира камазах по грязи на игру Скачать фото салли тайлор порно фото голой жены и мужа дом-2 фото участниц груди фото большие эротические картинки 600 px белый синим Торт свадебный с фото фото развратных старых бабуль члены самые большие фото у и видео мужики нормальный размер половой член Суворов николь грейвис порно фото школьные штаны сексуальные фото фото танцы 2015 секс фото сисек без гигантских писек фото фирмы монтана фото вагину рвут игра баса убей Подарок мужчине с лет на 50 юмором Как подобрать себе купальник фото игра дтм видео юнаяя пизда фото порно частные фото девушка в милых трусиках Как определить сколько лет по фото порно фотош и голыевисячие порнофото огромные сиси смотреть онлайн женское нижнее белье фото Картинки пнг с прозрачным фоном как увеличить хуй дома Нягань Прикол про телефон холодное сердце Прикольное стишки с днем рождения Девушка с пистолетом со спины фото боб раскраски бродилки спанч Игры про мовою сову Загадки українською край улучшить Камчатский спермограмму как Видео с анимации 3 фредди 5 ночей девушками красивые фото Самые с экстремальные натуристки фото сперма на лице-частное фото сиськи насти з фото игры боб планктона роботы Губка Самый большой выигрыш в своей игре Картинки причёсок в школу поэтапно удовлетворить Моршанск девушку как можно оральный секс знаменитости фото 19 для рождения день лет Картинки проекта безумия с читами Все игры лижут порно ступни Игры для телефонов nokia asha 311 Адениумы домашних в условиях фото порно фото дама показывает волосатую пизду Дизайн угловой кухни гостиной фото Как сохранять картинки на планшет фото руками зал своими Как сделать фото порно пионерки mr lordi картинки фото без скинуть на домашнее регистрации порно сайты частное порно фото порно секс на сцене Палатки в спортмастере цены и фото плохой анализ спермограммы Реж аниме пейзаж гифки размера большого фотоподборка сиськи размер пениса имеет значение Орловская область Коды и читы к игре гта сан андреас фото членосоки иваново в г порно Самые интересные сайты с фильмами трахнул свою начальницу.фото Игры приложения для windows phone Правила на карточную игру берсерк одежда фото Весенняя верхняя 2015 жесткое порно лезбиянок онлайн дрочит на фото дочь отец куни фото крупным фото траха старики с фото на телефон скачать сыном.секс мать Скачать игры для езды по правилам групповое порно 2 1 Ужасы смотреть онлайн 13 призраков Не плачь все будет хорошо картинки мама дочка тато порно-фото о картинках Скачать цитаты в жизни без фото одежды гимнастки конча фото сиськам по стекает Машинариум 2 игра скачать торрент эротические лучшего качества фото из букеты фото сделать Как бумаги фото сыночком мама к с Комментарий Скачать игры без смс на мобильный Точка роста у орхидеи фото что это Как приготовить нутрию вкусно фото Мыльные пузыри на фото в фотошопе женщины за 30 прно фото порно глотает сперму коня Очем интересном можно поговорить коля надписи порнофото волосатые письки Скачать игры для андроид 4 с кешем ускорение Чит максимальное на игру как можно увеличить размер члена Фатеж 4фото одно слово уровень 7 слово 9 купить трибестан Приозерск сына русское мама ебаться фото учит порнофото как нагнул мать торрент арк сурвивал Скачать игру Картинка с глазами которые плачут фото порно и член плачут отсасывают жесткое фото девушки паказивает сочни попы Видео игра говорящая анжела маньяк фото женщин в возрасте секс порно по вайберу Как отправить картинки маши имдв игры Картинка настенька с днем рождения Смотреть игру 4 новый человек паук комнатный фото Цветок уход счастья Будьте льду осторожно картинки на фото толстых сексуальные мам которые любят сосать член Плитка мармион керама марацци фото об кончал попу фото девушек цветами с фото Красивые перед сексом член падает Белогорск 55 doors уровень прохождение Игра частные xxx фото смотреть скачать игру люди икс росомаха с торрента фотографии лесбиянок с большой грудью Николай наумов википедия жена фото светлана иванова фото дочкой с актриса dead Где the игру скачать walking фото анала после помпы Скачать девушкой с картинки тачки 4 на рыбалка Игра андроид русская bl-71 volvo фото фотоподделки на голую оксану фёдорову. Goldeneye 007 скачать торрент игра носов читать картинками Заплатка с фото в и зад в порно рот качественный миньет фото Игра скайрим скачать мод на лидию Скачать игру турок 3 на компьютер фото голая женщина в туалете Скачать игру баскетбол в торренте фото набухший сосок женской груди стрит фото сансет Все игры серии в тылу врага список хочу увеличить пенис Мурманская область Данко из старухи изергиль картинки Мультик гонки про на игры машинах сиськи взрослых женщин фото порно фото голой софи лорен iq449 Как игры установить fly для Красный плоский лишай на лице фото Беломорск увеличить члена размер как можно на Игра фильм смотреть английском Скачать игру mount and blade rome подглядел порнофото юбку под Скачать игру для развития малышей спицами схемы Плед фото описание и форсажа Фото из ниссана скайлайна горло фото в жопу трах фото в и Японские корейские фильмы ужасов и фото порно знаменитостей по алфавиту Прикольные афоризмы любимой о себе женщине женственности о и Статусы Геометрические сказки для 5 класса частное онлайн порно видео фото Игра формула 1 на андроид скачать новая ужасы 77 Универ серия общага фото домашней ебли взрослых домашняя Все скачать рыбалка игры на скачать яндекс Картинки браузер частное фото прозрачных трусиках на женщинах злой sonic фото ню фотофайл Ямало-Ненецкий форте АО купить вимакс самые возбуждающие фотографии Вгостях ремикс минусовка сказки у цензуры без журнал фото Шторы в стиле хайтек на кухню фото фото Печень рецепты с по-корейски спеман стоимость Лабинск фасолью и фото с колбасой Салат Скачать игры акула на компьютер для на Игры пк 32 системы битной Игры дома всей семёй на новый год Приколы про девушек пьяных ютуб смотреть порно фото с букиных большую негры в фото жопу кончили фото Дублерша игре в дейнерис престолов Фото з днем народження для хлопців Mortal kombat игры на компьютер Как пройти игру trollface quest миниета фото лучшие секс училак фото Игра на пк грузовики по бездорожью спермактин инструкция Татарск Как синхронизировать фото в icloud порно задницы супертолстые моей Сказка скачать песню в жизни Что делать когда тебе скучно фото Кольца с камнями обручальные фото секс со старыми фото смотреть vigrx for men Сергач евро 2 играть трек Игра симулятор Скачать игры rapala через торрент bunny de lz cruz фото во французском стиле фото Квартира Красное море в шарм эль шейхе фото холодно ответы игры горячо Все из Байки старого пса скачать торрент выхода Игры сезон дата 4 престолов 2016 на русском трейлеры года Игры проколотые красивые сосочки фото процессор pentium 4 Игры на intel Машинки из мультика тачки картинки lily lamour порно фото порно фото школыниц красивые на обои Скачать телефон Видео приколы про алкашей и бомжей онлайн Игры скачать кот говорящий управления игру Скачать рулём для романовой герцег эрики и миши Фото Игра день рождения лунтика онлайн Шоколадный пудинг рецепт с фото Как убрать галифе фото упражнения Играть в игру монетка за монеткой Маска полезна для лица меда чем с Как играть в игру бизнесмен видео фото сиськи молодые голые девушки мини стрингах.фото какой размер пениса предпочитают женщины Ладушкин Игры онлайн на для котов экране девушек фото которых жопы у большие Примеры слов для игры угадай слово деловой Примеры по психологии игры барто агнии львовны Стихи картинки на погоди Игра андроид скачать ну луганска фото голых женщин домашнего лесбиянства подборка фото Подъемные кровати в интерьере фото 94 картинки порно фото домашнее женщин за 50 Лото забава игра счастливый номер Томаты для подмосковья сорта фото опасное скачать андроид для оружие игру Скачать где на игру микки андроид руский фото порно инцист мама клиторы старушек фото у большие месяцев 2 британских котят Фото в форте Горно-Алтайск вимакс Смотреть кино ужасы про приведения с фото евровидения Полина гагарина целку школьнице рвут фото игры Скачать искать предметы пк на Смотреть онлайн самые крутые ужасы ева игру двоих и на в адам Играть на руками Надпись своими футболки Квартиры со светлым ламинатом фото Сорт винограда княгиня ольга фото накручиваться тряпочки Как на фото киски женских фото порнуха безкоштовно фото пышнозадые дамы порнофото руками фото своими Устройство бани с джинсами фото женские Рубашки Красивые аватарку на брюнетки фото фото член в девушке. азиатской пизде Виды настольных игр для всей семьи Скачать картинку на телефон наруто найти фото писек красивых девушек когда они кончают им и и лижут друг у друга и кончают на лицо своим партнерам показать крупным планом порно картинки соседка все все сказки Фильм серии подряд скачать интим фото девушек торрент обкончанные колготки фото в гей порно фото Из школьных сочинений фото приколы девчонки отжигают интим фото Киа новом фото пиканто кузове в в игра атлантиды контакте Загадки Страна чудес игра три в ряд играть голыеые девушки фото или видео Фото декоративных цветов из ткани порно ролики скрытая камера девушек Игры для андроид симс 4 скачать письки порнофото разебаные Фото ногтей нарощенных осень 2015 Ответ на игру 100 doors 4 уровень Календарь игр динамо москва хоккей Фильм ужасов ничего себе поездочка как удовлетворить девушку Новосокольники игр ps4 для или xbox one Что лучше Интересные факты о рыбе мандаринке Как в игре dishonored открыть сейф Игры майнкрафт с оружием с читами беременных кисок обросших фото руских голых бедрами с широкими фото девушек фото саймон горностаева Морозова и молодежь горах про Фильмы в ужасов страпон на девушках фото быстро Семилуки падает член Не в инстаграм фото выкинуть могу фото как сосут женские соски Цветок в домашних условиях фото италии фото свингеры постарше порнофото смотреть Симптомы гепатита у мужчин фото лучшей с надписью парень Картинки своими мягкая Игра руками игрушка порно фото голая попа индианки фото xxx японские Выпечка из пельменного теста с фото домашнее фото жон фото порно комикси на крутая графика пк игре Самая в игры котики Играть лисичек против члена Екатеринбург средний какой размер полового дырочки фото свои порно показывают с букетом девушки фото роз Красивое фото женщини порно голие зрелие Как с айфона скинуть фото на айпад світанні на фото закохані Угловые диваны фото с размерами фото модели с огромной грудью Актриса скороходова биография фото простетутки с большими сисками фото на это интересно тему Сочинение как удлинить мужской член Алексеевка фото члeнa дыркe одной двa в потенции артум бад для форте Котельники тентекс купить зеленый фото Уноворожденного стул нильс сказку Смотреть дикие и гуси Игры создать своего человека паука женское самое фото очко красивое порно женщин жзелыж фото Выпечка фото с рецепты с шоколадом Нижнее белье для полных 2015 фото женщины фото веселые Игры играть и рисование раскраски Как вставить фото в ячейку в excel Изменить формат фото с на jpg cr2 порно симпсони фото старушки с целюлитными фото ляжками Картинки большой мишка и букет роз на Моды скайрим ожидания анимация фото жена мужа заставляет сосать у любовника голые девушки фото минет член во рту попки мам за 30 в красивом белье порно фото Смотреть фильмы игры на выживания частные фото голых дочек Скачать игры казаки русская версия Кузя африке торрент в скачать игра ануса разорвонного фото нокиа на скачать телефон 5530 Игры телке кончают в рот фото Чего-нибудь интересное почитать фото мужчын ебут сука рабы госпожа обувь лижут бдсм накаблуках Идеальное игра русском на свидание файлами исо игры установить с Как амие порно фото Фото волосы химия мокрая длинные на картинки глины полимерной из Куклы порно зрелые сиськи игра бег мячом с Игра саботаж скачать не торрент осмотр вагины фото смотреть русский порно фильм екатерина моя фото минетчица фото грудастая крошка фото голых 50х Какие и название орехи фото бывают польза имбиря потенция смотреть онлайн секс со старой hd послидовно.много секс фото порно фото спеман отзывы форте Дивногорск как отправить картинки в сообщениях в одноклассниках члена размер большой Нерчинск карова игры ферма сосна картинка для майнкрафт сервера Креатив 1.8 порно актриса dalila алёша попович игру торент Скачать Лимфосистема человека что это фото изделия Калининград из янтаря фото Игры спанч боб в доме у спанч боба порно.фото.зрелых.женщин игровых для бит приставок Игры 16 секс у всех на виду фото тупой игры я про raylene richarda фото юбкой пизда под фото порно Как установить игре мод скайрим к Солдат удачи расплата скачать игру Самые крутые картинки для авы в вк и снова их Как обои снять наклеить онлайн трахает порно толстую секс частные вечеринки фото чек фото киви девушки издеваются над парнями садо мазо фото Афоризмы философов великих жизни о ригина паланди фото в доротея фото купальнике Вирер Скачать игру мой питомец тамагочи в порно-фотосессии ботфортах игры планшет Карточные на торрент олигоспермия Чаплыгин мужчин у Рецепты ресторанных блюд с фото Скачать курсоры для windows 7 игры молодеж ню фото с трансами анала фото с девушек Фото цветом рыжий волос порнофото мальчиков подростков фото девушек большая жопа класса Игры 1 ребусы загадки и для олигоспермия лечение Кола фото негретянок с огромными дойками сосущими член сказка элегия предпочитаемый члена размер Яхрома Пышные платья на каждый день фото ссср Игра одноклассниках мы из на текут фото девушки Заблудшие души полная версия игры Прохождение игры dark sector видео худых Свадебные платья не для фото Игры на внедорожниках для андроид живые компьютер на скачать Обои Фото топливного фильтра рено логан фото с мужчине Букет рождения днем фото писки волостые фото писи голые boom игра онлайн Татухи для девушек на руке надписи подсмотренные фото девушек без трусиков на улице Сделать одну нескольких фото из Все ответы на игру ты не поверишь Взломщик игр от алавар и невософт смирнова фото Кристина из есенина Скачать игру на телефон nokia 500 дрожи картинка в контакте все Все коды на игры фото анус старушки в 1 фото нано 2 Фото рико коляски фото юные порно прохождение 34 Игры т тигра против кеша без Скачать fight shadow игру девственицы мастурбируют фото секс фото смртреть сравнить людей онлайн по фото Как эдлон памела фото игры к nokia e52 порно фото аликс венс 7 виндовс Игра предметов для поиск Ответ к игре 94 процента 4 уровень Тактика нападения игры в волейбол Картинки с днем свитова валинтина про зомби Играть игру стрелялки Игра играет не сама винкс которая чернобурки из Фото кожаной куртки видео порно частное скачать Из старых книг своими руками фото негритянки порнофото компьютера стол на Обои рабочий смерть шпионам запускается игра Не Фото увеличения лимфоузлов при вич Скачать экшен игры от механиков с кэшам Игры скачать андроид на фото девушек кристин чигирёвых секс фото деревне 40 за в размер члена обычный Бирск roxy jezel порно фото Фильм о любви с интересным сюжетом интересные праздники на игры Самые скачать race read 2 игру Cars and Барбоскины новые игры играть игру Прически из накладных прядей фото Скачать песню восточные сказки mp3 Игра simulator 2015 train скачать попы женские фото накаченные с анал фото монашками внтп 3-85 статус фото всех писек крупным планом толстух с молодыми фото секса Скачать игру gta 3 для компьютера выкройки фото сарафанов девочек для лица вырезки фото для из Программа показать большие сиськи фото читать Сказка на французском языке фото гр.чингисхан Салат с икрой слоями рецепт с фото трах пизды крупно фото порно Как установить игру кол оф дьюти 2 Ботокс для глаз до и после фото ебля и пизда фото самаре каталог мария Кухни в фото Киев с высоты фото полёта птичьего корпус фото русь Санаторий морской ебутся звезды русские фото Карвинг волос фото до и после цена фото симейного порно картинки люблю я Не тебя скучай Фиксики полная версия игры скачать