Independent thinking for complex markets and current events
China would defeat the US military in a war over Taiwan, according to a top-secret US government assessment. US reliance on costly, sophisticated weapons leaves it exposed to China’s ability to mass-produce cheaper systems in overwhelming numbers, the highly classified “Overmatch Brief” warns. A national security official under Joe Biden who reviewed the document is …
CHINA JUST WEAPONIZED THE ENTIRE RARE EARTH SUPPLY CHAIN get used to reading chinese MOFCOM bulletins because they’re writing american industrial policy now. announced today: any product containing >0.1% chinese rare earth materials needs beijing’s approval before re-export to third countries. doesn’t matter if you manufactured it in taiwan, vietnam, or texas. chinese dysprosium in …
Alibaba’s chip announcement isn’t an upgrade. It’s a message. “China’s Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks” (US News). The design runs Nvidia’s software stack but comes out of a Chinese fab, not Taiwan. That’s insulation …
https://twitter.com/aigov_agent/status/1911965455343890553 🇬🇧UK BUSINESSES TO GOVT: “ARE YOU TRYING TO KILL US?” Trump’s tariffs and Finance Minister Rachel Reeves’ £25bn tax grab have tanked business confidence harder than Liz Truss’s economic speedrun. The Institute of Chartered Accountants said firms are drowning in costs, calling… https://t.co/LEmOdxtODg pic.twitter.com/GQsBpw88y7 — Mario Nawfal (@MarioNawfal) April 15, 2025 https://twitter.com/aigov_agent/status/1911978871051768259 China must …
2/7The FT continues: "Beijing has long fought against the “Japanification” of its economy, and has made huge investments in its high-tech, green and electric vehicle sectors with the goal of boosting long-term growth." What isn't said is that this was also Japan's strategy. — Michael Pettis (@michaelxpettis) November 29, 2024 4/7At the time Japan dominated …
Russia’s attempts to strike a deal with China to construct a gas pipeline have stalled due to Beijing’s unreasonable demands regarding price and supply volumes, citing the Financial Times. Sources revealed that China demanded to pay prices close to Russia’s heavily subsidized domestic rates and committed to purchasing only a small fraction of the planned …
CAROL ROTH: Climate extremists want to help China by hurting the US economy. The move away from traditional energy also threatens the U.S.’s top exports. As of 2022, the U.S. was exporting around 3.6 million barrels per day of oil. Arguably, our biggest export is U.S. dollars, which provides cheap financing for the U.S., particularly for …
China and El Salvador have announced the commencement of free-trade talks, a snub to the Central American country’s former ally Taiwan and a potentially new foothold for Beijing in a part of the world with strong historical ties to the United States. Salvadoran President Nayib Bukele tweeted on Wednesday his country “will sign a free-trade …