Chinese President Xi Jinping, in his first domestic tour since a trade war broke out with the Trump administration, has told his people that they should be prepared for a long battle with the US. “We are here at the starting point of the Long March to remember the time when the Red Army began […]
FORMER TRUMP SENIOR STATE DEPT OFFICIAL TELLS BEIJING TO WAIT UNTIL TRUMP IS REMOVED…
A clear example of the Administrative State’s seditious alignment with global financial interests and DC indulgences. This is the deep state at its deepest and most statist. Mrs. Susan Thornton, the former acting assistant secretary of state in the Trump administration, tells her Beijing audience to stop negotiating until President Trump is removed from office […]
Dow Rises More Than 200 Points, Posts Best Day in a Month to Claw Back Some of Monday’s Drop…
Stocks rose on Tuesday, regaining some of the sharp losses from the previous session, as investors weighed the impact of the escalating trade war between the United States and China. The Dow Jones Industrial Average rose 207.06 points to 25,532.05, boosted by gains in Visa and Boeing shares. The 30-stock index also posted its best […]
Markets Re-Plunge as Lighthizer Confirms Tariff-Hikes After China Reneges on Promises…
While a Chinese delegation is still scheduled to visit Washington as planned this week, with talks to take place Thursday and Friday, U.S. Trade Representative Robert Lighthizer told reporters Monday that the Trump administration plans to increase duties on Chinese imports at 12:01 a.m. on Friday, accusing Beijing of backpedaling on commitments it made during […]
Panda Played the Dragon Game – Now Trump Targets the Bamboo Forest…
USTR Lighthizer: “We have seen an erosion of commitments by China” … “in our view unacceptable”…
To say there are conflicting reports of the U.S-China trade discussion, and possible breakdown therein, would be an understatement. However, mining through the various U.S. and China news agencies, a more clear picture emerges. U.S. Trade Representative Robert Lighizer is quoted today: “We felt we were on track to get somewhere. Over the course of […]
US, Allies Slam China Over Cyberespionage As DOJ Indicts Hackers…
The steady drumbeat of indictments of Chinese companies, hackers and even bad actors allegedly working on behalf of China’s Ministry of State Security in recent months has provoked whispers that sanctions against Beijing in retaliation for its hacking and espionage efforts – something that has become a sticking point in the US-China trade war – […]
The Trump Curveball: This Is What China Didn’t Expect…
A long-planned meeting between President Donald Trump and Chinese ruler Xi Jinping, scheduled for the sidelines of the G20 meeting at the end of next month in Buenos Aires, looks like it might not occur. And even if the get-together takes place, it does not appear it will be productive. There may even be no […]
Chinese Economy Slowing Faster Than Expected, Worst Yet to Come…
China’s economy appears to be slowing faster than expected at the start of the fourth quarter, a bad omen for growth early next year when the full force of the trade war with the United States comes to bear. This situation is likely to spur Beijing to introduce new measures to support growth, analysts said. […]
China Threatens to Cut iPhone Sales & Replace Boeing with Airbus if Trump Starts Trade War…
China will cut iPhone sales and order planes from Airbus instead of Boeing if Donald Trump decides to embark upon a trade war…Mr Trump would be “naïve” to start a trade war against the country and that China would respond with “counter-measures” if the US were to act in an aggressive way…