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Savings–Not Tariffs Will Make America Great Again

Savings–Not Tariffs Will Make America Great Again While the farcical Kavanaugh confirmation hearings dominated the news cycle for the past couple of weeks, little mention was made of a disturbing economic headline – the August US trade deficit. Despite all the bluster from the Trump Administration about “winning trade wars” and “trade wars are easy,” […]

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In Latest Provocation To Beijing, US Plans New Warship Passage Through Taiwan Strait

In Latest Provocation To Beijing, US Plans New Warship Passage Through Taiwan Strait In Washington’s latest attempt to provoke Beijing, the United States is planning to send warships through the Taiwan Strait according to Reuters, a mission meant to ensure “free passage” through the strategic waterway and which will further heighten political tensions with China. […]

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Welcome to the G-20 from Hell

US Commerce Secretary Wilbur Ross, left, chats with Chinese Vice-Premier Liu He during ‘trade dispute’ talks in Beijing earlier this year. Some sort of agreement could be reached at the G20 summit. Photo: AFP / Andy Wong Welcome to the G-20 from Hell World leaders wrestle with a maelstrom of complex, burning issues as they […]

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The Perfect Storm Bringing China And Russia Together

The Perfect Storm Bringing China And Russia Together During the Cold War, China and the Soviet Union regarded one another as strategic adversaries. Relations between Beijing and Moscow, however, have significantly improved over the years. Besides political alignment, the countries have complementary economies; China has an insatiable appetite for the raw materials which Russia has […]

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Beijing Eases Policy, Yuan Slides Towards 10-Year Low

Beijing Eases Policy, Yuan Slides Towards 10-Year Low On Sunday, the Bank of China cut the level of cash that banks must hold as reserves. The Yuan continued its slide. Reuters reports China Set to Reopen After Beijing Eases Policy. Shares in Asia stumbled in early trade on Monday as investors waited with bated breath […]

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China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults

China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults China’s central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October 15 for the fourth time in 2018, a little over three months after the PBOC announced a similar cut on June 24, […]

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US, China Diving Into A New Cold War; Jack Ma Warns: “When Trade Stops, Sometimes War Starts”

US, China Diving Into A New Cold War; Jack Ma Warns: “When Trade Stops, Sometimes War Starts” One of the most significant themes heading into 2019, is the new US-China Cold War. Recent tit-for-tat exchanges on economic, political and strategic fronts threaten to escalate into a full-blown conflict between both superpowers. As Washington squeezes Beijing […]

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China Vows Not To Negotiate Under Threat, As Trump Teases “Major Broadside” Against Beijing

China Vows Not To Negotiate Under Threat, As Trump Teases “Major Broadside” Against Beijing Investors had managed to cling on to optimism that the ‘trade skirmish’ between the US and China would reach a swift conclusion – and that the US would ultimately be better off, as China would be forced to curtail practices like […]

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Here comes the 30-year trade war

Here comes the 30-year trade war Trade tensions between the US and China could drag on for decades but China’s focus on its Belt and Road Initiative could provide relief We might be at the start of a decades-long trade war between China and the US. Photo: iStock Alibaba’s Jack Ma has warned that the […]

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China Threatens US With “Consequences” If It Does Not “Immediately” Revoke Sanctions Over Russian Weapons Deal

China Threatens US With “Consequences” If It Does Not “Immediately” Revoke Sanctions Over Russian Weapons Deal Just hours after Beijing called off trade talks with the US in the biggest escalation of the trade feud between the two nations, the war of words between China and the US ratcheted up on Saturday, when Beijing lashed […]

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A Path To War? China Cancels US Trade Talks As ‘Skirmish’ Escalates

A Path To War? China Cancels US Trade Talks As ‘Skirmish’ Escalates Following a surge in Chinese, European, and much of the US equity markets this week amid hopes that the so-called ‘trade skirmish’ was less ‘war-like’ than expected, China just dropped an early Saturday morning (local time) tape bomb that is sure to resurrect […]

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“Trump Won’t Back Down”: Bannon Warns Trade-War Will Be “Unbearably Painful” For China

“Trump Won’t Back Down”: Bannon Warns Trade-War Will Be “Unbearably Painful” For China Steve Bannon – who claims to have helped President Trump draft the battle plan for the ongoing trade war, says that Trump’s strategy is to make the conflict “unprecedentedly large” and “unbearably painful” for Beijing, according to an exclusive interview with the South China Morning […]

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China Retaliates: Beijing To Levy $60BN In Tariffs On US Goods Effective Sept 24

China Retaliates: Beijing To Levy $60BN In Tariffs On US Goods Effective Sept 24 Just as Donald Trump was further threats aimed at Beijing after he launched another $200BN in tariffs targeting Chinese imports, and warning that “there will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are […]

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China Halts Licenses For US Companies Amid Tariff Battle

China Halts Licenses For US Companies Amid Tariff Battle As the tariff battle between Washington and Beijing worsens, China has halted license applications from American companies in financial services and other industries until progress is made towards settling the trade dispute, reports AP, citing an official belonging to a business group. The disclosure marks the first public […]

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China Moves Into Afghanistan As Part Of Its Global Expansion Mission

China Moves Into Afghanistan As Part Of Its Global Expansion Mission For many, it was a stunning development. China will build a brigade-size military training facility in the strategic Wakhan Corridor, the land bridge between Tajikistan and Pakistan, which is located in Afghanistan’s northeast Badakhshan province and borders China. Although Beijing denied the claim that hundreds of […]

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