china
Is China’s Social Credit System A Preview Of The Coming “Beast System”?
by Michael Snyder Virtually everything that you do online and offline is being monitored, tracked or recorded by someone. Could you imagine what life would be like if the government compiled all of that information into a giant database and …
China’s Central Bank is sitting on a massively-leveraged financial system with huge property exposure. Who should the head of the PBoC NOT be talking to?
https://twitter.com/M_PaulMcNamara/status/1097845860325646337 Yep – here's one caught my eye this morning as I was going through the usual updates… spurious, or about to get furious? pic.twitter.com/QbCZyHwByW — Callum Thomas (@Callum_Thomas) February 18, 2019 China satellite manufacturing index YoY change now as …
COLD WAR II: With or without trade war deal, disputes between China and US set to intensify, says Beijing commentator.
via scmp: As part of China’s reform and opening up initiative, the state had generally retreated from the market and economy in the period from 1978 to 2008, But since then, the state has made a comeback and altered the …
China car sales, Euro sector balances
by WARREN MOSLER China Total Vehicle Sales Vehicle sales in China tumbled 15.8 percent from a year earlier to 2.37 million in January 2019, following a 13 percent drop in the previous month. It was the seventh consecutive annual decrease …
Here’s why Apple is cutting iPhone prices in China
Why is Apple so expensive? from CNBC. via CNBC: Retailers across China are slashing prices of the iPhone. Sales of Apple’s flagship product are down nearly 20 percent in China, according to research firm IDC. Comparable phones in China retail …
U.S., China Trade Talks: Side-By-Side Comparison of Statements
via @chigrl: https://www.bloomberg.com/amp/news/articles/2019-02-15/u-s-china-trade-talks-side-by-side-comparison-of-statements?__twitter_impression=true
China’s housing glut casts pall over the economy
“A building binge leaves cities with 65 million empty apartments” TOKYO/HONG KONG — For many single men in China, buying an apartment is a prerequisite for marriage. Yan Zhong, a 34-year-old resident of the northern city of Jinan, has hopes …
China: Harbinger Of Global Economic Decline
by Claudio Grass via Claudiograss.ch The latest numbers released by China’s statistics bureau fueled widespread concerns about the outlook of the global economy, as the Asian superpower reported its slowest growth rate since 1990. The figures showed a 6.6% growth for 2018, confirming …
Stocks Higher On 1. China Trade Deal “Seems Close,” And 2. Border Deal. By Gregory Mannarino
TradersChoice.net, Released on 2/13/19 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 …
China is going to need more foreign money as its trade surplus dries up, Morgan Stanley says
China’s economy is in “long-term decline” and growth from 2020 will be increasingly dependent on foreign capital, according to Morgan Stanley. This year, the current account shortfall could be 0.3 percent of its GDP, and slip further to 0.6 percent …
NFIB survey, China, UK, California home sales, Rig count
by WARREN MOSLER Trumped up expectations fading: Highlights Doubts about future economic growth diminished optimism among small business owners to the lowest level in 26 months, according to the NFIB’s Small Business Optimism Index, which fell 3.2 points in January to 101.2, below …
America is Now China’s Mercantile Resource Colony
by Spencer P Morrison, NEE China’s economy is now the largest on earth. Its industrial output is triple that of the United States. Its population, quadruple. To make matters worse, Chinese computing power is on par with ours and their scientific …
10 NEW Signs Of China Imminent Economic Collapse 2019 China’s Yuan CRASH! 100% Certainty The Economy Will Collapse & Prepare For The Imminent Economic Collapse
by Amy S. Will The China’s Economic Collapse Happen In 2019? I have been warning for years that the greatest and final economic collapse in this century, would be China. Now that cracks in the great red dragon’s economy are widening, …
Air New Zealand flight to China forced to turn back for not having permission to land
https://www.youtube.com/watch?v=nYHfBBLoSwA Feb. 10, 2019– Mary Greeley News – An Air New Zealand flight to Shanghai turned back several hours into its journey on Sunday after discovering it did not have permission to land in China. Flight NZ289 carrying about 270 …
China Trade DEADLINE Looms – Here’s What Team Trump Is Doing About it
Sean Higgins for the Washington Examiner reports, Treasury Secretary Steven Mnuchin said Wednesday that the Trump administration had “a lot of work left to do” to beat a looming March 1 deadline to reach a trade deal with China. https://www.youtube.com/watch?v=IgUVXIphYsc …
Lance Roberts: China Trade Deal Is The DO OR DIE Moment For 2019!
Portfolio Wealth Global, Released on 2/9/19
The US and China don’t even have a trade deal draft yet as deadline approaches
https://www.cnbc.com/2019/02/08/the-us-and-china-dont-even-have-a-trade-deal-draft-yet-as-deadline-approaches.html The Wall Street Journal says the two sides have not even drafted an accord specifying the matters they agree and disagree on. The report comes just a day after White House economic advisor Larry Kudlow said there is a …
China Returns From Holiday Next Week – Stock Option Expiration on Friday
by Jesse “Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first …
‘China Must Be Destroyed’
There’s an old story from Roman history about Cato the Elder trolling the peaceniks in the Roman Senate by dropping figs on the floor. The hook was that the figs were from Carthage, Rome’s rival for supremacy in the Mediterranean. …
Will the China Bulls Turn Out for the Year of the Pig?
by Frank Holmes, CEO, U.S. Global Investors Happy Year of the Pig! This week marks the start of China’s Spring Festival, during which an estimated 3 billion trips will be made using the country’s massive transportation network of roads and …
China’s S-Curve of Expansion, Stagnation and Decline
by Charles Hugh-Smith All the policies that worked in the Boost Phase no longer work. Natural and human systems tend to go through stages of expansion, stagnation and decline that follow what’s known as the S-Curve. The dynamic isn’t difficult to …
HMM: China’s Slowdown Is Starting to Hit Where It Hurts: Employment.
via thediplomat: At a meeting in July 2018, the Chinese Communist Party’s Politburo analyzed the current economic situation and proposed stabilizing employment, finance, foreign trade, and investment to tackle external changes and ensure stable economic operations effectively. Within that list, the …
Revisionism – Goldman Unloads Gold Contracts, China Goes On Holiday
by Jesse The change in total nonfarm payroll employment for November was revised up from +176,000 to +196,000, and the change for December was revised down from +312,000 to +222,000.… (Monthly revisions result from additional reports received from businesses and government agencies since …
Euro zone, China, Amazon, US employment
by WARREN MOSLER Lots of headlines pointing to corporate weakness: Amazon sales outlook falls short after record holiday quarter (Reuters) Fast and free shipping helped the world’s largest online retailer boost revenue by 20 percent. Net income jumped 63 percent …
A Cold War with China Spells Trouble for Stocks
BY JOHN MAULDIN Last week, George Soros said that we are in a cold war with China that could turn into a hot war. While Soros and I don’t often agree on politics, I did find my head nodding at times in his …
Debt Can’t Save China Anymore
BY JOHN MAULDIN The 2008 financial crisis hit China hard, as it did everyone else. Not every country responded like China did, though. Most couldn’t do what China did because they lacked either financial resources or political ability. China had both. And …
Global Rollover Begins—China Heading South, Italy In Recession
via Zerohedge: An overnight rally in global markets, helped by a dovish capitulation by the Fed which sent the S&P 1.55% higher on Wednesday as well as strong results from Facebook that sent the stock 11% higher premarket, faded overnight following another …
Mind The Red Ponzi: China’s Growth Slowdown Could Hit The Global Economy Hard
via Marketwatch: The slowdown in global growth bears strong resemblance to a 2015-16 episode that was driven in large part by softness in China. This time around, China’s problems could prove even more damaging, warned economists at Oxford Economics. “The …