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“If You Are Angry, Stand Up”: Beijing Scrambles To Tamp Down Unrest As Furious Chinese Take To Social Media
“If You Are Angry, Stand Up”: Beijing Scrambles To Tamp Down Unrest As Furious Chinese Take To Social Media Summary: Fatalities in China reached a single-day high of 86 on Friday, raising the national death toll to 724 WHO reported 31,481 confirmed global cases on Friday, up by 3,000+ cases from Thursday; SCMP says total […]
Third US Coronavirus Case Confirmed In Orange County, 40 Reported In Shanghai
Third US Coronavirus Case Confirmed In Orange County, 40 Reported In Shanghai Hundreds of medical personnel are rushing to Wuhan following yesterday’s tragic death of Doctor Liang Wudong, of the ENT department of Hubei Xinhua Hospital, who died Saturday while fighting to suppress the virus. The South China Morning Post reports that 1,350 medics (presumably from the […]
DHL Sounds Alarm On Collapsing World Trade: “Significant Downturn” Underway
DHL Sounds Alarm On Collapsing World Trade: “Significant Downturn” Underway A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported South China Morning Post(SCMP). Chinese […]
Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing
Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing As trade war escalates, market talk is emerging that Beijing will use monetary weapons to retaliate as ‘last resort’ China’s US Treasury holdings in March dropped by US$10.4 billion while foreign exchange reserves rose to highest level […]
“It Will Be A Cold War”: APEC Summit Ends In Unprecedented Chaos After Dramatic US-China Showdown
“It Will Be A Cold War”: APEC Summit Ends In Unprecedented Chaos After Dramatic US-China Showdown One day after vice president Mike Pence and China’s president Xi Jinping clashed after exchanging sharply worded barbs in a showdown between the two superpowers, on Sunday the annual Asia-Pacific Economic Cooperation summit ended in unprecedented chaos and disarray, […]
China’s Senior Leadership Prepares For Economic Collision In Spring 2019
China’s Senior Leadership Prepares For Economic Collision In Spring 2019 China’s senior leadership has just signaled for more stimulus, as its economy and stock market prepares for a possible economic collision in early 2019 from the trade war with the United States. The Communist Party’s Politburo, a group of 25 people who oversee the Communist […]
Top Communist Party Official Threatens Military Intervention Over Pence’s Support For Taiwan
Top Communist Party Official Threatens Military Intervention Over Pence’s Support For Taiwan With the on-again-off-again trade war detente back in “off again” mode as China is once again refusing to bow to the US’s demands for concessions, and with military tensions simmering in the background as the US seriously considers withdrawing from the INF, the […]
Violence, Public Anger Erupts In China As Home Prices Slide
Violence, Public Anger Erupts In China As Home Prices Slide Last March, we discussed why few things are as important for China’s wealth effect and economy, as its housing bubble market. Specifically, as Deutsche Bank calculated at the time, “in 2016 the rise of property prices boosted household wealth in 37 tier 1 and tier […]
Can US-China trade war rivalry reverse the worst economic trends in both countries?
Can US-China trade war rivalry reverse the worst economic trends in both countries? The door for compromise and restoring a functional relationship between the United States and China appears to have closed. The 10 per cent tariffs on US$200 billion of Chinese goods, rising to 25 per cent from January 1, is the final straw. […]
“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 […]
China Using Bird Drones To Spy On Border Muslims
China Using Bird Drones To Spy On Border Muslims Over 30 Chinese military and government agencies have been using robotic bird drones to spy on the population – particularly in the Xinjiang Uygur autonomous region which borders several countries and has a large Muslim population, reports the South China Morning Post. One part of the country […]
US Deploys Three Carrier Battle Groups To Face-Off Against Chinese Aircraft Carrier In South China Sea
US Deploys Three Carrier Battle Groups To Face-Off Against Chinese Aircraft Carrier In South China Sea Last week, we reported that satellite images had captured China’s only aircraft carrier in deployment, the Liaoning, flanked by 40 other warships and submarines, conducting unprecedented live-fire drills in the South China Sea. This massive Chinese naval exercise was observed […]
“China Should Prepare For Nuclear Conflict”: Beijing Warned To Be Ready As War On Korean Peninsula “Possible At Any Time”
“China Should Prepare For Nuclear Conflict”: Beijing Warned To Be Ready As War On Korean Peninsula “Possible At Any Time” Chinese government advisors and a senior military officer warned Beijing that it must be ready for a war on the Korean peninsula, with the risk of conflict higher than ever before, the SCMP reported on […]
Chinese Navy Begins Live-Fire Drills Off Korean Peninsula
Chinese Navy Begins Live-Fire Drills Off Korean Peninsula Earlier this week, Seoul asked the US to delay joint military exercises with Japan until after the Winter Olympics, ostensibly to avoid provoking North Korea ahead of the 2018 Winter Games. The timing of the request is suspicious – having coincided with Secretary of State Rex Tillerson’s […]
