Independent thinking for complex markets and current events
The European Union on Wednesday said it would impose higher tariffs on Chinese electric vehicles. In a statement, the EU said it is imposing a 38.1% tariff on battery electric vehicle (BEV) producers who did not cooperate with its investigation, and a lower 21% duty on carmakers in the Asian country who complied but have …
Jun 2, 2024 The Chang’e-6 lunar lander landed in the Apollo crater, located in the South Pole-Aitkin impact basin on the far side of the Moon, on 1 June 2024, at 22:23 UTC (2 June, at 06:23 China Standard Time). Credit: China National Space Administration (CNSA) h/t Digital mix guy Spock
Chinese Yuan hit the lowest level versus the US dollar since November 2023. The yuan fell to as low as 7.2487 driven by capital outflows in China, disappointing growth and fear that the Federal Reserve rate-cut cycle will be delayed. pic.twitter.com/5p7jx0kQcf — Global Markets Investor (@GlobalMktObserv) May 29, 2024 Business with China 🇨🇳 📉 pic.twitter.com/gRKYF5mXBz …
https://twitter.com/GlobalPressCorp/status/1793582473806569860 🚨 New video: “Dozens of warplanes, multiple destroyers & frigates of the PLA Eastern Theater Command are encircling the island of Taiwan & its outlying islands, conducting mock strikes in the ongoing Joint Sword-2024A exercise.” pic.twitter.com/uE919YigWL — Ian Ellis (@ianellisjones) May 23, 2024 https://twitter.com/GlobalPressCorp/status/1793566685754216576 China begins military drills around Taiwan as ‘punishment’… Vows Blood …
US government interest payment has virtually been a straight line up since 2020 Despite crossing $1 TRILLION, this debt crisis keeps getting worse pic.twitter.com/YE8v8uLZHG — Bravos Research (@bravosresearch) May 18, 2024 2/ What matters here is not overall US government debt but rather the balance of payments. If a country runs a trade deficit this …
2/By sector, automobile production remains very strong, followed by electronics… two of the categories targeted by the new US imports tariff hikes. pic.twitter.com/vUmh3zk03r — Patrick Zweifel (@PkZweifel) May 17, 2024 4/Investment spending fell in April, but remains very solid over 3 months (>14% ann.), driven by the manufacturing sector, which benefits from public support for …
Something looks different in the China Space walk footage compared to Nasa but I cant seem to put my finger on it 🗺️ pic.twitter.com/px204eYlIC — Rufus_2688 (@No_Curve) May 13, 2024
WASHINGTON — The Biden administration plans to raise tariffs on electric vehicles and other clean energy goods from China next week, according to people familiar with the matter. The tariff rate on Chinese electric vehicles is set to roughly quadruple — from 25% to about 100% — the sources said. They also said that a …
Warning: Hard to watch https://twitter.com/dom_lucre/status/1786107478997950951 h/t Guest
A Philippines Coast Guard vessel was water cannoned by Chinese vessels on Tuesday in waters near Bajo De Masinloc. The Philippines Coast Guard vessel was on a resupply mission.
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. “ByteDance doesn’t have any plans to sell TikTok,” the company posted on its official account on Toutiao, a social media …
Didn‘t Blackrock and Dalio tell us back in 2021 that Chinese equities are the place to be? pic.twitter.com/zNEl2D49oG — Michael A. Arouet (@MichaelAArouet) April 25, 2024 Ray Dalio's Bridgewater Associates has significant investments in Chinese companies that produce fighter jets, bombers, naval ships, ballistic missiles & the country’s first domestically built aircraft carrier They also …
According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of State, with diplomatic leverage to prevent the Chinese government …
And above is just the public debt. No bueno pic.twitter.com/4ZMzHEeLi7 — Global Markets Investor (@GlobalMktObserv) April 23, 2024
Anyone doubting that China is well on its way to a Japanese-style lost economic decade has apparently missed the bursting of its massive housing and credit market bubble and the souring of U.S. and European trade relations with that country. And if China, the world’s second largest economy, were to fall, it would constitute a …
A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street Journal reported Thursday. The probe, conducted by a bipartisan House committee empowered to devise strategies for the US to counter China, focused …
Recent statements from FBI Director Christopher Wray highlight a concerning reality: Chinese government-linked hackers have breached US critical infrastructure, raising alarms about the potential for significant damage in vital sectors such as telecommunications, energy, and water. 🚨#BREAKING: The FBI says that Chinese hackers are preparing to attack US infrastructure 📌#Nashville | #Tennessee FBI Director Christopher …
A team of researchers in China has demonstrated how a low-cost Nvidia Jetson TX2i system-on-chip for industrial applications can significantly enhance capabilities of hypersonic weapons — achieving speeds above Mach 7, according to a report by the South China Morning Post. This SoC, which is not restricted by U.S. export controls and is much more …
SAN DIEGO, California — The number of Chinese migrants illegally crossing the US-Mexico border has hit a new record with 24,200 arrested in the last six months, mostly in San Diego County, California, according to federal data. The huge influx is already equal to the number of Chinese people arrested for illegally crossing into the …
Renowned TV personality Dr. Phil has made headlines with the launch of @MeritStMedia, a media outlet dedicated to exposing the nefarious activities of the Chinese Communist Party (CCP). With a groundbreaking show shedding light on these issues, Dr. Phil aims to provide a platform for truth in media, addressing concerns about China’s influence on global …
Simply put, China’s economic recovery has been unbalanced. As Bloomberg reports, manufacturing is holding up, thanks to resilient overseas demand and Beijing’s efforts to cushion the blow from US trade restrictions by developing advanced technologies at home. But Chinese consumers have been slow to recover their appetite for spending, amid a prolonged real estate downturn …
via naturalnews: Xi Van Fleet, a woman who survived Mao’s Cultural Revolution, recently spoke to journalist Jack Posobiec on Human Events Daily to warn that the future of the U.S. looks a lot like the horrors she lived through. Van Fleet lived in China until she was 26 under the Marxist rule of Mao and …
Chuck Grassley Takes Credit for Indictment of FBI’s Biden Bribery Scheme Informant
via naturalnews The Central Bank of Russia has just released a financial risk review noting how trading in the Chinese renminbi reached a historic high in March. This surge in yuan usage comes as part of Russia’s ongoing shift away from major Western currencies, spurred by sanctions imposed by the United States and the European …
This is brilliant. David Hogg gets rekt by Chinese Immigrant. Never. Ever. Give up your guns.pic.twitter.com/MVNJUEdk9y — Citizen Free Press (@CitizenFreePres) April 11, 2024
(Bloomberg) — A Chinese cement producer was in the spotlight after it suspended stock trading Wednesday, following a selloff that nearly wiped out all its market value in the final 15 minutes of the previous session. China Tianrui Group Cement Co. said trading in its Hong Kong-listed shares has been halted from 9 a.m. local …
China Maintains Yuan Defense After Currency Nears Red Line (Bloomberg) — China stuck to a pattern of keeping yuan weakness contained as pressure from a resilient dollar and poor investor sentiment pushes it toward a policy red line. The People’s Bank of China kept its daily reference rate for the managed currency broadly unchanged, implying …
China’s ambassador to the UK told students at British universities to serve ‘the motherland’ and uphold the teachings of the Chinese Communist Party, it has emerged. Zheng Zeguang was hosted by the Universities of York, Birmingham and Leeds last summer, and told Chinese students to ‘keep in mind’ the words of president Xi Jinping. It …
BEWARE!🚨🚨🚨Chinese nationals illegally here in the United States have organized a MASSIVE nationwide gift card scam Americans! Avoid gift cards! Here’s a TON of news articles all over the Country about it happening! New Hampshirehttps://t.co/mmYwp157AT California… pic.twitter.com/9WcCa5qsy6 — Heather Mullins (@TalkMullins) March 30, 2024
“#China: Bank of Communications reported that its property bad loan ratio jumped to 4.99% at the end of last year from 2.8% a year earlier. Industrial & Commercial Bank of China saw its bad loans from residential mortgages rise 9.6% to 27.8 billion yuan. We know that the property sector (as outlined in a 2021 …