Tariffs, counter-tariffs and headlines about trade wars are flowing like wine as the long-anticipated Trump campaign against China is finally shaping up. Given that futures are tumbling, the US trade deficit has just hit a decade low, and, oh yeah, we haven’t seen market volatility like this since the crash of ’87 you might think we have enough ominous financial storm clouds to Read More…
Tag: China
The Petroyuan Was Born This Week. Here’s What It Means.
It has been promised for 25 years. Its coming has been heralded as a world-changing event. It has launched a thousand headlines in the last few months. And it happened this week. But if you blinked you would have missed it. What am I talking about? Why, the launch of a Chinese yuan-denominated oil futures Read More…
US Warship Infuriates China After Sailing Within 12 Miles Of Disputed Island
A U.S. Navy destroyer carried out a “freedom of navigation” operation on Friday, coming within 12 nautical miles of one of China’s artificial islands, according to an exclusive Reuters report. Speaking to Reuters on the condition of anonymity, U.S. officials said the destroyer Mustin traveled close to Mischief Reef in the Spratly Islands and carried out maneuvering operations. Washington’s Read More…
China Banning People From Transit For Bad “Social Credit” Scores
The slow-motion train wreck of “social credit” systems and the “gamification” of society has moved to the next stage. Now the Chinese government is going to start barring people from flying or riding trains if their social credit score is not up to snuff. China may be the test case for these ideas, but they’re Read More…
It’s Official: China Repeals Term Limits, Allowing Xi To Stay In Power Forever
As expected (and predicted, and propagandized), China’s National People’s Congress overwhelmingly passed a constitutional amendment to eliminate presidential term limits, paving the way for President Xi Jinping to stay in power after his second term ends in 2023. The vote was as follows, per the AFP’s Joanna Chiu: 2958 in favor, 2 against, 3 abstentions, 1 invalid vote. Read More…
America, China, And The Battle For The “Indo-Pacific”
Goodbye, Asia-Pacific! Hello, Indo-Pacific? That’s right, the old “Asia-Pacific” label is so last decade, guys. It’s time to start calling that part of the globe the “Indo-Pacific.” Who cares if it’s geographically nonsensical? America’s military planners and their think tank lackeys are starting to change their nomenclature, and you should too! The term entered the vernacular last Read More…






