China chat log leak shows scope of surveillance A leak of around 364 million online records in a Chinese database, including private messages and ID numbers, has again highlighted the size and scope of Beijing’s mass surveillance system. The files …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Trade goes out-of-whack as Corporate America searches for cheap labor & tax benefits. Exports increase economic activity as measured by GDP; and imports do the opposite, they reduce GDP though they tend to increase corporate profits …
by Charles Hugh-Smith Trade is only one manifestation of much deeper economic insecurities and imbalances. China’s enormous successes–raising hundreds of millions out of poverty, landing a rover on the dark side of the moon, etc.–are well known. Less appreciated is China’s …
Good to keep up to where technology is at the present moment. This could easily be done on TV’s here in America as well at some point if not now already. Rachel Maddow character created and maintained? Would you be …
by Andy Xie The markets are celebrating the pending agreement between China and the United States to end the trade war. This follows the US Federal Reserve signalling a pause in raising interest rates. The euphoria is bringing the bulls out …
by Michael Krieger If you receive your news via Donald Trump tweet, or courtesy of proclamations by Larry Kudlow, you’d be forgiven for eagerly anticipating a groundbreaking U.S.-China trade deal to be announced imminently, and thinking such a deal will save …
By Tsvetana Paraskova China is currently holding around 1,600 Tesla Model 3s at the customs in Shanghai and the customs authority has issued a notice prohibiting the sale of any Model 3 already imported in China because some vehicles have …
by Pat Buchanan Could America sustain such a commitment? More important, why should we? Has the White House thought through the implications of what the Pompeo threat may bring? As President Trump flew home from his Hanoi summit with Kim Jong …
via CNBC: China’s number two leader Li Keqiang has warned the country faces “a tough struggle,” as he laid out plans to prop up the world’s second-largest economy. Opening the annual session of China’s parliament, he forecast slower growth of …
China’s superrich are losing their faith in the country’s financial future as fears around the impacts of slowing global trade and slowing economic liberalization cause worry. A new survey found that just over a third of China’s superrich described themselves …
China has announced it’s looking to increase its military spending by 7.5% compared with the previous year – to over $177bn. https://www.youtube.com/watch?v=KMj2Vh92xkE
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Anytime an economic slowdown and a housing downturn appear in the scenery, there are questions about the next global financial crisis. That’s a bitter aftertaste from the last global financial crisis. But China is somewhat special …
‘There’s No Money Right Now’: China’s Building Boom Runs Into a Great Wall of Debt A building splurge in this impoverished pocket of rural China ended in half-finished projects and a trail of angry investors from some of the country’s …
RT, Released on 3/1/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major …
TradersChoice.net, Released on 3/1/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several …
by Jesse Colombo Like many countries, China attempted to rein in its debt growth over the past couple years, but ultimately gave up and is now back to piling on even more debt. Bloomberg reports – For almost two years, the question …
President #Trump and Xi Jinping are trying to make a US China trade deal, while Trump heads to North Korea to meet Kim Jong-Un. And if it doesn’t work, the US will hit China with a 25% tariff on 200 …
by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong Kong, the first offshore default in 20 years and the …
by Tom Luongo Over the weekend, fifteen minutes before U.S. equity futures markets opened, President Trump extended the trade talks between the U.S. and China. No one should be shocked by this. Because China isn’t the main problem. We are. Why? …
Luke Gromen interviewed by SBTV SBTV picks the mind of Luke Gromen, founder of Forest For The Trees LLC, about an impending dollar crisis and what likely scenarios can destabilize the petrodollar in the coming years. We also asked him what his …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter These unsettling tidbits about sudden problems on the demand-side in China. Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, …
“The Chinese government blocked 17.5 million would-be plane passengers from buying tickets last year as a punishment for offences including the failure to pay fines, it emerged. Some 5.5 million people were also barred from travelling by train under a …
Bob Kudla interviewed by Sean on SGTreport The China debt tsunami could bring down the world economy, and Basel III implementation on March 31st could bring down some heavily leveraged international banks. It’s a crazy time in which we live, Bob Kudla joins me …
By Irina Slav China’s renewable power generation capacity—including hydro—reached over 38 percent of total newly installed capacity at the end of last year. The country is clearly the world leader in wind and solar power additions as it seeks to …
via dw: A major upheaval is underway in China’s peer-to-peer (P2P) finance sector after numerous cases of fraud and negligence. As loans helped finance cars and property, could the crisis worsen the country’s economic slowdown? It’s not a great time to …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The New Emissions & Fuel-Economy Cheating Scandal is just a Dimple. It’s tempting to think that Ford’s Carmageddon is a new “dieselgate” after Ford announced last night that “a handful of employees raised a concern” about …
Wall St. For Main St., Released on 2/21/19 Jason talks about a how China offering credit To all! $685 billion dollars in total aggregate credit in just one month!
U.S. exports of agricultural products to China totaled $20 billion in 2017, so if China wants to buy another $30 billion, then China would more than double its intake of American farm goods. Unless China means they will hit $30 …
by WARREN MOSLER Asia’s exports to China plunge as economy stumbles (WSJ) Japan’s exports to China in January sank 17.4% on the year to 958.1 billion yen ($8.65 billion), accelerating from December’s 7% drop. South Korean exports to China in …
