Home » Posts tagged 'china'

Tag Archives: china

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Trade Wars Just Getting Started

Trade Wars Just Getting Started

Trade Wars Just Getting Started

Markets are eagerly awaiting the conclusion of the so-called “phase one” trade deal between the U.S. and China.

Both parties are trying to reach a mini-deal involving simple tariff reductions and a truce on new tariffs along with Chinese purchases of pork and soybeans from the U.S.

The likely success or failure of the mini-deal has been a main driver of stock market action for the past year. When the deal looks likely, markets rally. When the deal looks shaky, markets fall.

A deal is still possible. But investors should be prepared for a shocking fall in stock market valuations if it does not. Markets have fully discounted a successful phase one, so there’s not much upside if it happens.

On the other hand, if phase one falls apart stock markets will hit an air pocket and fall 5% or more in a matter of days.

But even if the phase one deal goes through, it does not end the trade wars. Unresolved issues include tariffs, subsidies, theft of intellectual property, forced transfer of technology, closed markets, unfair competition, cyber-espionage and more.

Most of the issues will not be resolved quickly, if ever.

Resolution involves intrusion into internal Chinese affairs both in the form of legal changes and enforcement mechanisms to ensure China lives up to its commitments.

These legal and enforcement mechanisms are needed because China has lied about and reneged on its trade commitments for the past 25 years. There’s no reason to believe China will be any more honest this time around without verification and enforcement. But China refuses to allow this kind of intrusion into their sovereignty.

For the Chinese, the U.S. approach recalls the Opium Wars (1839–1860) and the “Unequal Treaty” (1848–1950) whereby foreign powers (the U.K., the U.S., Japan, France, Germany and Russia) forced China into humiliating concessions of land, port access, tariffs and extraterritorial immunity.

…click on the above link to read the rest of the article…

China Will Use Millions Of Zimbabwe Citizens To Improve Facial Recognition Accuracy

China Will Use Millions Of Zimbabwe Citizens To Improve Facial Recognition Accuracy

As China spreads its economic footprints across multiple continents with The Belt and Road Initiative, and exercises more and more control over the lives of its subjects via a combination its Social Credit Score system and vast surveillance state, it appears Beijing’s Big Brother has run into an issue that needs to be addressed to achieve world domination… inaccuracy!

Facial recognition systems are becoming more and more mainstream and accepted by an increasing number of ‘average joes’ around the world as the cost of security (or just ease of life). The problem is, as we detailed previouslyfor some segments of society, it is wildly inaccurate.

Specifically, after Oakland and San Francisco voted against the use of facial recognition, Rep. Tashida Tlaib claimed that “the error rate among African-Americans, especially women,” was 60 percent.

During a test run by the ACLU of Northern California, facial recognition misidentified 26 members of the California legislature as people in a database of arrest photos.

Some tech firms have tried to ‘fix’ this extremely high-level of inaccuracy for certain cohorts by tricking black people into being scanned.

But China’s tech behemoths have taken the process of training their algos on non-white faces to a whole new level.

As The FT reportsa deal between Chinese facial recognition company CloudWalk and the government of Zimbabwe means the latter will send data on millions of African faces to the Chinese company to help train the technology.

African states tend to go along with what is being put forward by China and the ITU as they don’t have the resources to develop standards themselves,” said Richard Wingfield, head of legal at Global Partners Digital, a company working on human rights on the internet.

…click on the above link to read the rest of the article…

Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties

Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties

Late Monday Chinese President Xi Jinping and Russia’s Vladimir Putin jointly launched the major unprecedented cooperative project that had been years in the making called the ‘Power of Siberia’ gas pipeline.

The China-Russia east-route pipeline is now providing China with Russian natural gas, which according to Chinese state media is expected to reach 5 billion cubic meters in 2020 and increase to 38 billion cubic meters annually from 2024.

Crucially, S&P Global Platts estimates that total sales through the pipeline is projected to meet nearly 10% of China’s entire gas supply by 2022, ensuring vital energy security as Beijing continues to feel the pressure and uncertainty of the trade war with Washington. 

A Chinese section of the China-Russia East Route natural gas pipeline in Heihe, China. Image source: CNN/Getty Images

The ceremony to officially bring the pipeline online was held as a video call between Xi and Putin was underway. Xi told Putin: “The East-route natural gas pipeline is a landmark project of China-Russia energy cooperation and a paradigm of deep convergence of both countries’ interests and win-win cooperation.”

The deal had been cemented in May 2014 when Russian gas giant Gazprom signed a 30-year contract with China National Petroleum Corp, after which the pipeline agreements were signed with both leaders present in Shanghai in later 2014.

Gazprom CEO Alexei Miller announced to both leaders that the pipeline had been opened via video link. “Gas is flowing to the gas transmission system of the People’s Republic of China,” he said.

A 30-year deal was signed by Putin and Xi in 2014, and while a final figure has not been announced, it is believed to be worth more than $400 billion. — CNN

Gazprom will oversee operation of the mammoth pipeline which runs more than 8,100 kilometers (5,000 miles) across the two countries.

China: Man Interrogated For Criticizing Police on Social Media

China: Man Interrogated For Criticizing Police on Social Media

Social credit score coming to the west soon.

A video out of China shows a man being called in and interrogated by authorities for the crime of criticizing the police on social media.

The clip shows the man handcuffed to a metal chair as he is asked personal questions.

“Why did you complain about police on QQ and WeChat?” police ask the man.

He is then grilled about his screen name and activity in a group chat on the WeChat platform.


China spies on social media conversations. Then they bring dissidents in for a real-life chat. I’d say we’re AT LEAST five years away from that over here, so no worries.


“Why did you talk about the traffic police online…what’s wrong with police confiscating motorcycles?” he is then asked.

The man attempts to come across as apologetic but is then asked again, “Why did you badmouth the police? Do you hate the police?”

The man explains that he was drunk when he made the comments and is then asked to apologize to the police.

“I’m so sorry, I’m wrong, I know, I know that now, please forgive me, I won’t do it again ever,” he states.

Under its social credit score system, China punishes people who criticize the government, as well as numerous other behaviors, including;

– Bad driving.
– Smoking on trains.
– Buying too many video games.
– Buying too much junk food.
– Buying too much alcohol.
– Calling a friend who has a low credit score .
– Having a friend online who has a low credit score.
– Posting “fake news” online.
– Visiting unauthorized websites.
– Walking your dog without a leash.
– Letting your dog bark too much.

…click on the above link to read the rest of the article…

China Braces For December D-Day: The “Unprecedented” Default Of A Massive State-Owned Enterprise

China Braces For December D-Day: The “Unprecedented” Default Of A Massive State-Owned Enterprise

Something is seriously starting to break in China’s financial system.

Three days after we described the self-destructive doom loop that is tearing apart China’s smaller banks,  where a second bank run took place in just two weeks – an unprecedented event for a country where until earlier this year not a single bank was allowed to fail publicly and has now had no less than five bank  high profile nationalizations/bailouts/runs so far this year – the Chinese bond market is bracing itself for an unprecedented shock: a major, Fortune 500 Chinese commodity trader is poised to become the biggest and highest profile state-owned enterprise to default in the dollar bond market in over two decades.

In what Bloomberg dubbed the latest sign that Beijing is more willing to allow failures in the politically sensitive SOE sector – either that, or China is simply no longer able to control the spillovers from its cracking $40 trillion financial system – commodity trader Tewoo Group  – the largest state-owned enterprise in China’s Tianjin province – has offered an “unprecedented” debt restructuring plan that entails deep losses for investors or a swap for new bonds with significantly lower returns.

Tewoo Group is a SOE conglomerate, owned by the local government and operates in a number of industries including infrastructure, logistics, mining, autos and ports, according to its website. It also operates in multiples countries including the U.S., Germany, Japan and Singapore. The company ranked 132 in 2018’s Fortune Global 500 list, higher than many other Chinese conglomerates including service carrier China Telecommunications and financial titan Citic Group. Even more notable are the company’s financials: it had an annual revenue of $66.6 billion, profits of about $122 million, assets worth $38.3 billion, and more than 17,000 employees as of 2017, according to Fortune’s website.

…click on the above link to read the rest of the article…

A $20 Trillion Problem: More Than Half Of China’s Banks Fail Central Bank Stress Test

A $20 Trillion Problem: More Than Half Of China’s Banks Fail Central Bank Stress Test

In our latest look at the turmoil among China’s small and medium banks, which included not only the recent bailouts and nationalizations of Baoshang Bank , Bank of Jinzhou, China’s Heng Feng Bank, but also the two very troubling bank runs at China’s Henan Yichuan Rural Commercial Bank at the start of the month, and then more recently at Yingkou Coastal Bank. 

As we further explained, the reason why so many (for now) smaller Chinese banks have found themselves either getting bailed out or hit by bank runs, is that in a time when China’s interbank/repo rates have surged amid growing counterparty concerns, increasingly more banks have been forced to rely almost entirely on deposits to fund themselves, forcing them to hike their deposit rates to keep their funding levels stable.

Meanwhile, cuts in key lending rates since August to stimulate up a slowing economy have only exacerbated net interest margin pressures on banks.

In other words, with less income from lending and without the full suite of funding options available to much larger peers, the interest rates that China’s legion of small banks may have to offer to attract deposits could further undermine their stability. The irony is that to preserve their critical deposit base, small banks have to hike deposit rates even higher to stand out, in the process sapping their own lifeblood and ensuring their self-destruction, or as we dubbed it earlier, China’s own version of Europe’s “doom loop.

Dai Zhifeng, a banking analyst with Zhongtai Securities, told Reuters the funding difficulties risked distorting small banks’ behavior, making failure even more likely: “Lacking core competitiveness, some of them have turned to high-risk, short-sighted operations,” he said, adding that a liquidity crunch was possible at some institutions.

…click on the above link to read the rest of the article…

China Central Bank Warns Downward Pressure On Economy Increasing

China Central Bank Warns Downward Pressure On Economy Increasing 

Several weeks ago, the People’s Bank of China (PBOC) said it would “increase counter-cyclical adjustments” to prevent downward pressure on the economy. Now the PBOC is warning that it might not be able to ward off these downward pressures in the short term, reported Reuters.

The PBOC’s annual financial stability report said China would continue to deploy fiscal and monetary policies to support the economy but warned economic deceleration would continue through year-end. 

Policy maneuvering by the PBOC will be limited as it will likely need to cut rates and the amount of money banks put down as reserves to promote credit growth.

The PBOC recognizes the rapid deterioration in the economy, along with the limitations of monetary policy to revive growth. 

There Is a Lot of Appetite for Chinese Bonds: Bank Julius Baer’s Matthews

Likely, credit creation via the PBOC won’t be in magnitude seen in the last ten years used to save the world from escaping several deflationary crashes. 

The government will likely stabilize its economy or at least create a softer landing through tax cuts and infrastructure spending, the annual report said. 

What this all means is that China’s economy isn’t going to save the world as it has done since 2008. China’s credit impulse has rolled over, the probabilities of a massive global economic rebound in the coming quarters are unlikely as China continues slow. 

Fathom Consulting’s China Momentum Indicator 2.0 (CMI 2.0) provides a more in-depth view of China’s economic deceleration through alternative data as there’s no evidence at the moment that would suggest a trough in China’s economy. 

China’s economy over the last decade has created 60% of all new global debt. This means with China’s economy in freefall, the PBOC powerless over downside, GDP will likely fall to the 5-handle in early 2020. More importantly, this means a global economic rebound of massive proportions is unlikely to happen early next year. 

China’s ‘Official’ Virtual Currency Could Be Arriving “Quite Soon” To “Challenge The U.S.”

China’s ‘Official’ Virtual Currency Could Be Arriving “Quite Soon” To “Challenge The U.S.”

As if the trade war – and soon to be currency war – between China and the U.S. needed another wrench thrown in its gears…

China sent cryptocurrencies tumbling on Friday after re-cracking-down on exchanges that are operating illegally against authorities’ ban.

Source: Bloomberg

On Nov. 22, authorities in Shenzhen have identified a total of 39 exchanges falling foul of China’s cryptocurrency trading ban, according to local news outlet Sanyan Finance

It remains unknown what consequences the exchanges will face, with Sanyan highlighting a desire to crack down on liquidity.

It appears that China’s blockade on non-government-sanctioned crypto trading, could be on its way to launching its own digital currency within the next 6 to 12 months, according to fund manager Edith Yeung, who recently appeared on CNBC

The Chinese government has been researching the idea over the last few years and has reportedly identified entities to use for a potential rollout, Yeung says. 

“It’s really been something (that’s) been in the works for the last few years,” she said on Wednesday during an interview. Yeung is a partner at blockchain-focused venture capital fund Proof of Capital. 

When she was asked how long it might be before the launch becomes reality, she responded “Quite soon. So I definitely think within the next 6 to 12 months.”

And China has recently embraced blockchain, with state media reporting that President Xi Jinping said the country should look to “take a lead” in the technology. 

Wendy Liu,head of China strategy for UBS, also said that there was greater willingness to work with blockchain and 5G in China because they will help facilitate and manage the world’s biggest country by population. 

Liu commented: “Due to its own needs, (China) is going to push in that direction and you see this willingness to back these technologies more so than anywhere else.”

…click on the above link to read the rest of the article…

The Phantom Mania

The Phantom Mania

There’s nothing of substance underlying the current market melt-up

Well, stocks are back at all-time highs. Ignited by the Fed’s “Not-QE” program and endless Trump administration teases of an “imminent” China deal, the S&P 500 has been propelled above its upward Bollinger band — a hyperextension only seen one other time since 2007:

Every week since Not-QE was announced has seen the S&P close green (this week finally ending the streak, barely). We’re officially in a melt-up, where both good news and bad news are accepted as valid reasons to push stocks even higher.

But what’s notable about this melt-up is that it’s missing a compelling narrative. Every past asset price mania required a feel-good mantra that convinced the masses “This time is different!”.

The South Sea bubble promised access to the untapped riches of the vast Asian sub-continent. Dotcom companies were going to unlock tremendous value previously trapped by the inefficiency of the old analog way of doing business. In 2017, Bitcoin looked like it just might replace fiat currencies overnight.

During the price melt-ups accompanying each of these manias, the public fell for the siren song of a radically better future, available RIGHT NOW if you just jump on the party train before it’s too late.

But today? What’s the radically better future being promised? Where’s the party train headed to?

A Parade Of Horribles

As best I can tell, it seems the rationale (I’m using that term very generously) for the current market melt-up is that:

  1. The Fed is backstopping the market again
  2. A trade deal with China is going to happen, likely soon

Let’s dig into each of these. But before we do, let’s be clear that neither of these promises a “radically better” future.

The Fed, and its central bank brethren around the globe, have been backstopping the market for the past decade. There’s really nothing new in that.

…click on the above link to read the rest of the article…

In Landslide Vote, US House Joins Senate In Defying China, Backing Hong Kong Protesters

In Landslide Vote, US House Joins Senate In Defying China, Backing Hong Kong Protesters

One day after the Senate unanimously passed a Bill backing Hong Kong’s pro-democracy protesters, and spawning a wave of complaints and threats from China which warned it would retaliate, moments ago the U.S. House of Representatives followed in the footsteps of the Senate, and in a nearly unanimous vote cleared legislation supporting pro-democracy protesters in Hong Kong by requiring an annual review of whether the city is sufficiently autonomous from Beijing to justify its special trading status, defying objections from China.

The bill, S. 1838, which would require annual reviews of Hong Kong’s special status under U.S. law and sanction officials deemed responsible for human rights abuses and undermining the city’s autonomy, passed the House 417-1 late on Wednesday afternoon setting up a confrontation with Beijing that could imperil a long-awaited trade deal between the world’s two largest economies.

The bill now goes to Trump as soon as Thursday to be vetoed or signed into law, according to a congressional aide.

While the White House declined to comment on whether Trump will sign the legislation, Trump’s position is now acutely precarious because Congress would easily be able to override any veto. If Trump signs the bill, he could torpedo the trade talks, while refusing to sign it would give his political opponents a chance to attack him for being weak on China, while at the same time facing an ongoing impeachment process.

“The Congress is sending an unmistakable message to the world that the United States stands in solidarity with freedom-loving people of Hong Kong and that we fully support their fight for freedom,” Speaker Nancy Pelosi said on the House floor. “This has been a very unifying issue for us.”

 …click on the above link to read the rest of the article…

“There exists a government within a government within the United States” -Osama bin Laden

“There exists a government within a government within the United States” -Osama bin Laden

“I was not involved in the September 11 attacks in the United States nor did I have knowledge of the attacks. There exists a government within a government within the United States. The United States should try to trace the perpetrators of these attacks within itself… That secret government must be asked as to who carried out the attacks. … The American system is totally in control of the Jews, whose first priority is Israel, not the United States.” 

-Osama bin Laden statement, published by BBC

In essence, this article is about a map, a video, a timeline, and a chart.  Please, take a few minutes to carefully examine each.

The Map

I have asked dozens, if not hundreds, of Americans to please tell me why, exactly, America is at war with Afghanistan, the longest war in American history.  Some say, “Because they attacked us.”  Most have no answer, whatsoever, but instead ask me, “Why?”   I respond by asking them what large oil-producing nation borders Afghanistan in the west.  Some guess, “Iraq.”  Nobody knows.  I then ask what large oil-consuming nation borders Afghanistan on the East.  Nobody knows.  I tell them the answers are Iran (Israel’s and Saudi Arabia’s arch enemy) and China.  

0 miles: Distance from Afghanistan to Iran

0 miles: Distance from Afghanistan to China

7,477 miles: Distance from Afghanistan to Washington, D.C.

Said a different way, the USA invaded and occupies a nation on the other side of the planet that fucking borders Iran and China, then complains about Persian and Chinese aggressive behavior in the Persian Gulf and South China Sea.  

lol

The Video

It is highly unlikely that you have seen the interviews in this 4 minute and 13 second video, a compilation of FDNY firefighters talking about the explosions inside the WTC on 9-11-2001.  Watch it now, before it is memory holed by The Ministry of Truth.

 …click on the above link to read the rest of the article…

China Demands US Stop “Flexing Muscles” After Its New Carrier Sails Across Taiwan Strait

China Demands US Stop “Flexing Muscles” After Its New Carrier Sails Across Taiwan Strait

China has gone on the diplomatic and military offensive Monday as China’s Defense Minister told his US counterpart that Washington must stop “flexing its muscles” in the South China Sea. At the same time Beijing has deployed its new domestically produced aircraft carrier to the South China Sea for “training and research purposes,” CNN reports. Before that it passed through the Taiwan Strait, reportedly followed closely by US and Japanese ships. 

China said it would not tolerate “any Taiwan independence incidents” and urged the United States not to provoke any further problems or interference in the region.

China’s first domestically developed aircraft carrier, via Reuters.

This latest incident reported by Reuters involved the “Chinese carrier ship passed through the Taiwan Strait on Sunday, tailed by U.S. and Japanese ships.”

US Defense Secretary Mark Esper and Chinese Defense Minister Wei Fenghe met in Bangkok where they are attending a summit with the Association of Southeast Asian Nations (ASEAN) and other countries.

Wei is reported to have told Esper that China is determined to maintain “peace and stability in the South China Sea and demands the US stop flexing its muscles in the South China Sea and do not provoke and escalate tension in the South China Sea.” They also discussed the unrest in Hong Kong and a host of other security-related issues.

Chinese Defense Minister Wie Fenghe greets US Defense Secretary Mark Esper in Bangkok, Thailand on Monday, via the AP.

The day before, Esper had publicly accused Beijing of “increasingly resorting to coercion and intimidation to advance its strategic objectives” in the region.

Esper acknowledged in a Tweet that the two discussed “how our two nations can continue a relationship focused on maintaining the international rules based system.”

 …click on the above link to read the rest of the article…


China’s Credit Creation Unexpectedly Collapses At The Worst Possible Time

China’s Credit Creation Unexpectedly Collapses At The Worst Possible Time

Over the weekend, we observed that China’s slumping wholesale inflation, or PPI, which is so critical for corporate profits and sparking benign, demand-driven inflation in the economy, and which in October tumbled to a three year low assuring that Chinese dumping and exports of deflation will only further depress global reflation efforts…

… will not reverse until Beijing injects another elephant-dose of credit into the Chinese financial system.

Just 48 hours later we can confirm that there is zero risk of either a sharp spike in Chinese inflation, or of China flooding the financial system with cheap credit – as it has been known to do during key economic inflection points – because according to the PBOC, China’s credit growth slowed far more than expected in October to the weakest pace since at least 2017 as a continued collapse in shadow banking, weak corporate demand for credit and seasonal effects all signaled that efforts to prop up the economy through bank lending still aren’t working.

The central bank reported that Aggregate Financing, China’s revised version of the old Total Social Financing, was a paltry 618.9 billion yuan ($88 billion), missing the median conservative estimate of 950 billion yuan, and down a whopping 72% from the 2.27 trillion yuan in September and 737.4 billion yuan in the same month of 2018. Today’s print was the lowest in the revised series history which goes back to the start of 2017, and only a slightly lower print in the old series prevents today’s total credit injection from being the lowest since 2016!

New CNY loans of 661.3 billion yuan also missed the consensus print of 800 billion yuan, resulting in outstanding CNY loan growth of 11.9% annualized in October, well below the September 13.3% annualized print. As has been the case recently, two thirds of yuan-denominated bank loans were borrowed by households in the month, while the borrowing by non-financial companies was the least in amount since August 2016.

 …click on the above link to read the rest of the article…

Is The Era Of U.S. Energy Dominance Already Over?

Is The Era Of U.S. Energy Dominance Already Over?

Energy Dominance

The global oil industry is a highly lucrative sector that is strongly influenced by geopolitical developments. As the Post-Cold War era comes to an end, a new status quo is arising. The U.S. was once the only player with the capability to significantly influence energy markets around the globe. The country’s military and global alliances proved powerful tools in controlling developments in regions such as the highly volatile Middle East. But Washington’s global reach is fading and both Russia and China are on the rise.

Moscow has become a force to reckon with in several regions due to a combination of diplomacy and energy politics. In addition to that, Washington’s foreign policy blunders have created power vacuums for other actors to take advantage, blunders such as the recent unexpected withdrawal from Northern Syria. Arguably, Russia has now become the most important power broker in the Middle East. Moscow’s plans, however, are not regional, but global. The first-ever Russia-Africa summit is a testament to the Kremlin’s global ambitions.

Moscow has also fostered strong relations with several countries in Latin America. Ever since the Monroe doctrine of 1823, the U.S. considers Central and South America as its ‘backyard’. Countries such as Venezuela, however, have resisted Washington’s power and influence. Therefore, when the rumor spread of the sale of South America’s biggest energy company to Russia’s Rosneft, panic spread in Washington of potentially another foreign policy setback.

Venezuela’s national oil company is estimated to be worth $186 billion and is the country’s economic engine. The Orinoco region, where the majority of the country’s oil is produced, contains approximately 300 billion recoverable barrels of oil and is the biggest in the world. Despite the massive energy reserves, Venezuela is spiraling towards an economic and political meltdown.

 …click on the above link to read the rest of the article…

Beijing To Link Facial Recognition System With Social Credit Score In New Metro Security Checks

Beijing To Link Facial Recognition System With Social Credit Score In New Metro Security Checks

Officials in Beijing will combine the country’s state-of-the-art facial recognition technology with a version of their controversial ‘credit system’ to speed up security checks in the city’s overcrowded metro system, according to HKFP.

Long queues and commuters arguing with staff over slow security procedures are common sites during rush hour in the metro system of the 20 million-strong metropolis. –HKFP

Cameras set up at the entrance to subway stations will scan the faces of passengers, sorting them into different security channels, according to the director of the Beijing Rail Traffic Control Center, Zhan Minghui.

He added that the plan will involve the creation of a “passenger credit system” in which ‘white-listed’ individuals will enjoy expedited security clearance. Those who receive “abnormal feedback” after their face scans will be subject to extra security measures.

“The technique aims to improve the efficiency of security checks and includes both body checks and luggage screening when large numbers of passengers enter the station,” Zhan said on Thursday at an urban transportation forum in Beijing.

In May, the Beijing subway announced that it had started “deducting credit points” from passengers who eat in metro cars.

Officials did not announce a timeline for the rollout.

Beijing’s subway system currently handles approximately 12 million trips on an average workday – a figure expected to increase to 17 million within the next two years. 

China’s use of facial recognition is becoming more commonplace. The Beijing Universal Studios amusement park which is currently under construction will admit visitors without a ticket – and will use cameras that scan their faces to determine whether they have paid for a ticket.

 …click on the above link to read the rest of the article…

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
Click on image to purchase