A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs at home. Cao Dewang’s $600-million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive […]
Uber’s Loss Exceeds $800 Million in Third Quarter on $1.7 Billion in Net Revenue…
Even as Uber Technologies Inc. exited China, the company’s financial loss has remained eye-popping. In the first nine months of this year, the ride-hailing company lost significantly more than $2.2 billion…
China Returns Underwater Drone…
China on Tuesday handed back to the United States an underwater drone whose seizure raised tensions in a relationship that has been tested by President-elect Donald Trump’s signals of a tougher policy toward Beijing…
China Grabs Underwater Drone Operated by US Navy in South China Sea…
A Chinese Navy ship intercepted and grabbed a small, unmanned underwater vehicle (UUV) being operated by a US Navy survey ship on Thursday in waters west of the Philippines, a US defense official confirmed Friday morning…
A “Soft Coup” Attempt: Furious Trump Slams “Secret” CIA Report Russia Helped Him Win…
Lou Dobbs Discusses China, Taiwan and Trump…
Donald Trump took a congratulatory phone call from the President of Taiwan…and immediately, the pearl-clutching media and professional political class went nuts because the U.S. is not supposed to do anything that might upset China. For over 30 years the issues between China and the breakaway free and democratic Taiwan have been tenuous…
Meet The Man Who Made The OPEC Deal Possible…
Going into the Algiers OPEC meeting in late September, the prevailing sentiment among the analyst community was that there is no way any deal will get done…However, the deal did happened, surprising virtually everyone, and based on a new Reuters report, it was thanks to one man…
Facebook Develops Software to Censor News in China…
Facebook has quietly developed software to suppress posts from appearing in people’s news feeds in specific geographic areas, according to three current and former Facebook employees… The feature was created to help Facebook get into China, a market where…
Crisis at the Federal Reserve. The End of the Washington Consensus? Nomi Prins on GRTV…
Nomi Prins talks about the changing economic and monetary landscape and how the locus of central bank power is shifting to the East, with players like the People’s Bank of China gaining in prominence and former US/EU lapdogs like the IMF becoming brokers for these new power players in the new world financial order…
Kim Jong-un aka “Kim Fatty III’ Begs China to Stop Calling Him Fat…
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