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China’s Island Building Reveals the True Power in Asia
China’s Island Building Reveals the True Power in Asia China’s land reclamation moves in the South China Sea may be cause for reproach, but no one will do a thing about Beijing’s island-building program beyond the huff and puff of objection. While the U.N. Convention on the Law of the Sea (UNCLOS) has been […]
The US and China can avoid a collision course – if the US gives up its empire
The US and China can avoid a collision course – if the US gives up its empire The problem isn’t China’s rise, but rather America’s insistence on maintaining military and economic dominance right in China’s backyard To avoid a violent militaristic clash with China, or another cold war rivalry, the United States should pursue a simple […]
“Strongly Dissatisfied” China Warns US “Accident” Is “Highly Likely” In South China Sea
“Strongly Dissatisfied” China Warns US “Accident” Is “Highly Likely” In South China Sea Things are escalating rapidly in the South China Sea where Beijing has figured out an innovative solution to the notion of “disputed waters.” As regular readers are by now acutely aware, China appears to have adopted the maritime boundary equivalent of the […]
Analysis: China Stalls on Debt Reforms
Analysis: China Stalls on Debt Reforms Background The Chinese government has a $3.5 trillion-dollar problem in the form of local government debt. Most of it accrued in the years between 2007 and 2014, when China’s total debt spiked from $7.4 trillion to $28 trillion, or from 158% of GDP to 282%. At fault was a […]
China Could Face “Sharp” Rise In Capital Outflows If Stocks, Economy Lose Momentum
China Could Face “Sharp” Rise In Capital Outflows If Stocks, Economy Lose Momentum We’ve written quite a bit over the past two months about capital outflows from China. Last week for instance, we documented how the country saw its fourth consecutive quarter of outflows in Q1, bringing the 12 month running total to some $300 billion. Why, […]
Sand-nado – Beijing Battered By Blanket Of Red Dust
Sand-nado – Beijing Battered By Blanket Of Red Dust In yet another ripped from the movies-screen-esque event, Beijing was brought to a standstill today as a massive Interstellar-like sandstorm covered the Chinese capital in thick blanket of red dust, sparking social media discussions of the end of the world. As RT reports, The China Meteorological Administration issued a […]
This Is The Chinese Documentary That Got Over 30 Million Views In One Day
This Is The Chinese Documentary That Got Over 30 Million Views In One Day While the citizenry of America remains transfixed by the ever-changing color of some Scottish wedding dress; this weekend saw an even more massively viral social media phenomenon as tens of millions of Chinese watched, gripped and outraged, a 104-minute video entitled “Under […]
Housing Crash in China Steeper than in Pre-Lehman America
Housing Crash in China Steeper than in Pre-Lehman America China has long frustrated the hard-landing watchers – or any-landing watchers, for that matter – who’ve diligently put two and two together and rationally expected to be right. They see the supply glut in housing, after years of malinvestment. They see that unoccupied homes are considered […]
As China’s Offshore Yuan Crashes To A 2 Year Low, Beijing Warns Its Citizens: “Don’t Buy Dollars”
As China’s Offshore Yuan Crashes To A 2 Year Low, Beijing Warns Its Citizens: “Don’t Buy Dollars” We won’t go into the specific details of China’s burst housing bubble, the shady underworld of itspyramid scheme wealth-management products, the fact that any hard asset in China is rehypothecated literally a countless number of times, the nuances of its deflating shadow […]
China pledges to help Russia overcome economic hardships — RT News
China pledges to help Russia overcome economic hardships — RT News. China’s foreign minister has pledged support to Russia as it faces an economic downturn due to sanctions and a drop in oil prices. Boosting trade in yuan is a solution proposed by Beijing’s commerce minister. “Russia has the capability and the wisdom to overcome […]
Inside Beijing’s airpocalypse – a city made ‘almost uninhabitable’ by pollution | Cities | The Guardian
Inside Beijing’s airpocalypse – a city made ‘almost uninhabitable’ by pollution | Cities | The Guardian. The scene could be straight from a science-fiction film: a vision of everyday life, but with one jarring difference that makes you realise you’re on another planet, or in a distant future era. A sports class is in full […]
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg. China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis. “To help counteract an economic slowdown, China is ready to provide financial aid to develop cooperation,” Premier Li Keqiangsaid at a Dec. 15 gathering in Astana, Kazakhstan. While […]
