Independent thinking for complex markets and current events
Key Points The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from EU Member States for the adoption of tariffs,” the EU said in …
BREAKING: Chinese stocks fell 1.6% on Thursday after 13 trading sessions of consecutive gains. Hang Seng China Enterprises Index was down as much as 4.9% before finishing -1.6%. It seems like some profit is being made as Chinese stocks have been the most overbought in 4 years. pic.twitter.com/21vaATRdvS — Global Markets Investor (@GlobalMktObserv) October 3, …
The White House announced on Sept. 23 a proposed ban on connected vehicle technologies in the United States from “countries of concern,” particularly communist China, citing a national security threat. Connected vehicle technology refers to short-range communications that enable cars to “sense” nearby objects and exchange information with other nearby vehicles. It includes Bluetooth, cellular, …
TOKYO/TAIPEI, Sept 18 (Reuters) – A Chinese aircraft carrier entered Japan’s contiguous waters for the first time on Wednesday, Japan’s defence ministry said, the latest in a string of military manoeuvres that has ratcheted up tensions between the neighbours. The carrier, accompanied by two destroyers, sailed between Japan’s southern Yonaguni and Iriomote islands, entering an …
By Tsvetana Paraskova Slumping refining margins amid tepid fuel demand in China have already claimed victims among the refineries in the Shandong province, where two plants operated by chemicals giant Sinochem were declared bankrupt in recent days. Zhenghe Group Co and Shandong Huaxing Petrochemical Group Co were declared bankrupt after creditors failed to agree on …
BREAKING 🚨: China Chinese Stocks fall to lowest prices since January 2019 pic.twitter.com/It0LO0kZkC — Barchart (@Barchart) September 12, 2024 China 3-Year Yields Close Near Record Lows pic.twitter.com/r7Pu9jg8lr — Sunchartist (@sunchartist) September 12, 2024 2/8The article goes on to note that "in 2018, at the height of VC investment, 51,302 start-ups were founded in China, according …
Federal agents targeted NYPD Commissioner Edward Caban and other top officials in the nation’s biggest police force – amid a stunning spate of raids against Mayor Eric Adams’ inner circle, sources said Thursday. Agents showed up to the homes of Caban and deputy mayors Phil Banks and Sheena Wright with search warrants early Wednesday and …
#GOLD price just started to inhaling the negative tendance in US employment, which will probably induce more aggressivity of FED on rate cut. https://t.co/Bayd8BMOQj — constantin savin (@savinfamily) August 21, 2024 Chinese gold buyers are back… China issues new gold import quotas after pause after two-month pause. Several Chinese banks have been given new gold …
🚨BREAKING🚨 Chairman James Comer has launched an investigation into Minnesota Governor Timothy Walz, Kamala Harris’s recently announced vice-presidential running mate, following reports detailing the Governor’s longstanding connections to Chinese Communist Party entities and… — Oversight Committee (@GOPoversight) August 16, 2024 Chairman James Comer has launched an investigation into Minnesota Governor Timothy Walz, Kamala Harris’s recently …
Is this Chinese statistics? I can't believe these statistics are from the U.S. We want to know the accurate indication, even if the announcement is late. I can't invest based on such unreliable statistics. — Hiroki Miyano（宮野宏樹） (@hiroki_miyano27) August 20, 2024
Xi Van Fleet has been warning of the Marxist infiltration in the education system for years now! Worth a watch. https://t.co/814OLArg6T — Uncommon Sense (@Uncommonsince76) August 13, 2024 🚨 Did this Washington Post “reporter” just ask @PressSec if the Biden regime could INTERVENE and stop Trump’s interview with @elonmusk on 𝕏?! “I think that misinformation …
Two Chinese nationals were arrested with $250,000 worth of gold bars after a traffic stop on I-20 on Thursday.
This is interesting. https://www.thegatewaypundit.com/2024/08/chinese-national-arrested-after-repeatedly-trying-get-mar/ A Chinese national was arrested after multiple attempts to breach the security of Mar-a-Lago, the private club and residence of former President Donald Trump. The suspect, Zijie Li, 38, of El Monte, California, claimed to possess documents implicating the Chinese government in a recent assassination attempt on Trump. Li alleged he …
A leading Australian swimming coach has led criticism of Pan Zhanle’s stunning 100m freestyle world record after saying the Chinese swimmer’s performance in the pool was “not humanly possible”. Brett Hawke led the international disbelief among some quarters after the 19-year-old stormed to gold in 46.40 seconds to beat nearest rival Kyle Chalmers by more …
Chinese firm Broad Group built a ten-story building in just over 28 hours. The rapid building technology depends on fully-fitted modules. Could the technology solve the Gen Z housing crisis in cities? pic.twitter.com/9eMz4cjpiC — Interesting Engineering (@IntEngineering) July 26, 2024 How safe structurally though? AC
A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses. Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies with the yellow metal. South Sudan is the latest country to …
Russian bombers showing up in skies off Alaska on occasion has become something to be expected, and the US military intercepts and monitors such activity typically at least once every few months, to the point that it has become somewhat ‘regular’. However the presence of Russian and Chinese military aircraft together buzzing near US airspace …
🚨Just in: US and Canadian fighter jets intercept Russian and Chinese planes flying over Alaska. Via: NORAD pic.twitter.com/EKLGv5LFDT — The Calvin Coolidge Project (@TheCalvinCooli1) July 24, 2024
The Chinese are now producing documentaries on the collapse of American cities. What this showcases is the grim aftermath of decades of deindustrialization, disastrous progressive policies, and an opioid crisis—ironically fueled by China. “Chinese are making documentaries about ultra-extreme poverty and decaying cities since they don’t exist in China anymore,” X user S.L. Kanthan wrote …
WARNING: Housing defaults have skyrocketed Such a run-up was last seen during the Financial Crisis pic.twitter.com/KcDppiC6Lz — Bravos Research (@bravosresearch) July 19, 2024 Housing Affordability Continues to Erode The latest data on housing affordability paints an increasingly challenging picture for American homebuyers. As of July 2024, the median household would need to spend an estimated …
The Chinese housing market has been experiencing significant challenges, with this decline being a notable indicator of the ongoing issues. BREAKING: Chinese Housing Market Chinese Existing Home Prices declined by 7.9% year-over-year last month, the largest decline in history! pic.twitter.com/IHHSIFNHmF — Win Smart, CFA (@WinfieldSmart) July 15, 2024
Western MSM minions like NYC, CNN, WSJ, BBC, DW etc are silent about whats happening in China. Because they get millions of dollars from Chinese companies. Its only because of whistle blowers and local translators through social media that this kind of news surfaces. — The Macro Story (@themacrostory) July 12, 2024 Background: China’s regulators …
🇨🇳 Why Chinese banks are now vanishing – The Economist*In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones.https://t.co/Zah97WGTZ4 — Christophe Barraud🛢🐳 (@C_Barraud) July 11, 2024 via MSN: The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of …
A new technical proposal by Chinese scientists for conventional computers breaks the speed record of Sycamore, Google’s quantum computer!! Sycamore is the most powerful quantum computer currently owned by Google. Due to the peculiarity of qubits, its basic units of information, it is capable of solving a task in 200 seconds that would take a …
On July 1, 2024, the People’s Bank of China (PBOC) made a groundbreaking announcement: it would undertake bond borrowing operations with select primary dealers to ensure the stability of the bond market. This unprecedented move has already ignited widespread discussion in China, particularly concerning its potential long-term effects on the renminbi exchange rate and the broader …
The U.S. government conducted its first large-scale flight since 2018 to remove multiple Chinese nationals ineligible to remain in the country. The Department of Homeland Security announced on July 2 that its Immigration and Customs Enforcement (ICE) agency carried out the removal flight over the weekend, in coordination with authorities in the Chinese regime. The …
Overseas investors have been selling Chinese stocks for eight consecutive days, marking the longest streak since October. During this period, they offloaded a total of 30 billion yuan ($4.1 billion) on a net basis via the northbound link between Hong Kong and mainland stock exchanges. Kweichow Moutai, a prominent stock, experienced significant selling, with the …
In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investment that flowed across borders since Covid struck. An International Monetary Fund analysis sent by request to Bloomberg News shows that the share of global flows has climbed — …
Chinese Yuan will become Russia’s main currency – Russian Central Bank The yuan/ruble exchange rate will now set the trajectory for all other currency pairs, including the euro and dollar, the bank’s statement said. Meanwhile, in many Russian banks there are no dollars available for purchase, Russian media report. People line up by banks and …
High Volume of Recent Sales: Since 2000, a large proportion of residential property sales in China have taken place in recent years: 56% of all sales occurred after 2015. 38% of all sales occurred after 2018. Falling Property Prices: Second-hand property prices have fallen back to their 2018 levels. Potential Negative Equity: Due to the …