China Focused on Improving Economy

China Focused on Improving Economy

China will work to tackle the weak areas in its business environment to further improve overall competitiveness and sustain the sound momentum of steady economic performance, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. The Chinese government places high importance on improving the country’s business environment. Li has urged government […]

Has the Deep State Launched World War 3

Has the Deep State Launched World War 3

Has the Deep State Launched World War 3 US special forces have already deployed to 133 nations in the first half of 2018, signaling a sharp increase in the Pentagon’s shadowy operations when compared to previous years, according to a new report. America’s Special Operations forces (SOF) are stationed all around the world, where they […]

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone China has accused the United States of hurting the global economy by waging trade wars. Beijing says the whole world will retaliate if Washington sticks with its aggressive trade policy. The US trade war is not just with China but with the rest of the world. By regarding the […]

CoinBene Lists Internet of People Cryptocurrency

CoinBene Lists Internet of People Cryptocurrency

CoinBene Lists Internet of People Cryptocurrency CoinBene, a global exchange that ranks among the 10 largest in the world, according to the CoinMarketCap, remains with its strategy of offering the largest number of digital assets to its customers and announces its listing on Internet of People (IoP). IoP was released to be more than a […]

China Building a Free Trade Network

China Building a Free Trade Network

China Building a Free Trade Network Amid a revival of unilateralism and protectionism across the globe, experts hail efforts to safeguard multilateralism and build an open world economy. China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism and support free trade. The agreement was […]

China Horse Racing: HKJC’s Conghua Training Centre

China Horse Racing: HKJC’s Conghua Training Centre

China Horse Racing: HKJC’s Conghua Training Centre A momentous new era in Hong Kong racing began with the arrival of the first in-training horses at Conghua Training Centre (CTC) on the Chinese Mainland, marking the integration of CTC into the Hong Kong training system. The shipment of 21 horses – seven each from the Dennis […]

2017/18 Racing Season in Hong Kong was Exceptional

2017/18 Racing Season in Hong Kong was Exceptional

2017/18 Racing Season in Hong Kong was Exceptional World class sport and incredible global growth underpinned a memorable 2017/18 racing season in Hong Kong, which concluded today, Sunday, 15 July, with overall turnover of HK$124.2 billion, representing a 5.8% increase on the previous season. A crowd of 31,903 turned out at Sha Tin for this […]

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China China’s gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. In the second quarter, China’s GDP rose 6.7 percent year on year, […]

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US” $DIA, $SPY, $QQQ, $RUTX, $VXX China is not ‘happy’ about Washington’s hard line on trade, but has controlled coverage of the dust-up in its media, limiting open commentary and banning attacks on US President Donald Trump. Beijing has issued unusually strict rules limiting […]

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading

China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading $BTCUSD China’s central bank has hailed it’s cryptocurrency crackdown a complete success. Declared by the People’s Bank of China (PBoC) and reported by state media, data apparently shows that the Chinese currency is now involved in less than 1% of all Bitcoin trades worldwide. The Big A: How did this happen? […]

China Switches Focus Away from USA

China Switches Focus Away from USA

Companies from China and the United States are concerned about the impact of trade tensions between the world’s top two economies after the United States began imposing a 25-percent additional tariff on Chinese products worth 34 billion U.S. dollars Friday. China’s customs authority announced that additional tariffs for some imports from the United States worth […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade China’s manufacturing activity decelerated in June as US-Chinese trade tensions added to concern the economy is cooling due to tighter government controls on lending, a survey showed Saturday. The National Statistics Bureau’s (NBS) purchasing managers’ index declined to 51.5 from May’s 51.9 on a 100-point […]

China Reacts to Trade War

China Reacts to Trade War

China has announced sectors of the economy where it will ease foreign investment rules, with leaders stepping up efforts to portray the country as opening up as they prepare for a possible trade war with the United States. The new “negative list” outlines key reforms in the financial sector while dropping restrictions in areas including […]

Belt & Road Global Forum

Belt & Road Global Forum

Belt & Road Global Forum The Belt and Road Global Forum held its inauguration ceremony and its first annual roundtable today at the Hong Kong Convention and Exhibition Centre (HKCEC). Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), officiated the ceremony and delivered the opening remarks. The Forum is an alliance […]

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High $DIA, $SPY, $QQQ, $RUTX, $VXX About 2/3rds of Americans see the US economy as Good to Great. Monday night President Trump’s top trade adviser Peter Navarro said the White House is not planning to restrict foreign investment as part of its trade actions against China or any other country. […]

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes When one door closes, another one opens, that is what is happening now in Asia China has taken solid steps in promoting its opening-up by lowering import tariffs and easing market access, while new measures on intellectual property protection and a new negative list for market access of […]

Trade War Bites Wall St

Trade War Bites Wall St

U.S. stocks ended lower on Monday as market sentiment was dented by fears of escalating trade tensions between Washington and its major trade partners. The conflicting signals on trade policy from the Trump administration reflect deep divisions among policymakers over how hard to push China on demands for changes in trade, technology transfers, and industrial […]

Last Week in the Crypto World

Last Week in the Crypto World

Last Week in the Crypto World $BTCUSD Last week SKorean crypto exchange Bithumb experienced a major hack, and Japan’s Mt Gox, the most notorious exchange to be hacked in Bitcoin history, is back in the news. In Switzerland, the Bank of International Settlements (BIS) spread some misinformation about digital currencies and blockchains. In the US, […]

Trade Wars are not New

Trade Wars are not New

The snowballing trade war between the United States and the European Union is the latest in a string of global disputes over imports. Here is are some key international trade wars throughout history: – 2002, US steel tariffs on EU imports – Republican President George W. Bush imposes tariffs from 8 to 30 percent on […]

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win $DIA, $SPY, $QQQ, $RUTX, $N300, $VXX Trade disputes are good and easy to win. Chinese stocks weak American stocks stronger. That is the view from financial markets as the tariff dust-up between China and the US shows increasing signs of impacting stock prices. While broad measures of […]

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA

NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA $DIA, $SPY, $QQQ, $RUTX, $VXX China Cannot Win a Tit for Tat Trade War With the US President Donald Trump’s threat to impose a 10% tariff on $200-B of Chinese goods, triggering a tit-for-tat trade war with Beijing, is “extremely good news for the […]

North Korea China Talks

North Korea China Talks

China will link easing or removing sanctions on North Korea with progress in denuclearization, a Chinese government official said Wednesday, as the North’s leader Kim Jong-un made another visit to Beijing this week. In their talks Tuesday, Kim and President Xi Jinping focused on improving bilateral relations and ridding the Korean Peninsula of nuclear weapons, […]

China Investment in USA on Hold

China Investment in USA on Hold

The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world’s two largest economies. Chinese investments totaled $1.8 billion from January through May, representing a 92-percent drop against the same period a year ago. That’s the lowest level in […]

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’ $DIA, $SPY, $QQQ, $RUTX, $DJSH, $VXX Tuesday’s stock market plunge shocking Chinese investors. China’s benchmark equity gauge sank almost 5% at one point and by the close, the escalating tensions with the US pushed 1,023 stocks ‘lock limit’ down by 10% on the day, that is […]

China ‘Underestimated’ President Trump

China ‘Underestimated’ President Trump

China ‘Underestimated’ President Trump The Top White House trade adviser, Peter Navarro, says Beijing “may have underestimated the resolve of President Donald J. Trump” by refusing to meet US demands on trade and by threatening to retaliate against American trade sanctions. Mr. Navarro, known for his hard-line approach to China, still says the US is […]

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming US Vs China, bet on the US. Monday, US President Donald Trump told China that he is ready to impose a 10% tariff on $200-B of Chinese goods.In his statement, President Trump said he had asked the US trade representative to identify the Chinese products to be […]

US Economy Can Absorb Hit From China Tensions

US Economy Can Absorb Hit From China Tensions

US Economy Can Absorb Hit From China Tensions $DIA, $SPY, $QQQ, $RUTX, $VXX Now is the right time to pressure China on its trade policies because the US economy is strong enough to absorb uncertainty arising from bi-lateral tensions, White House Council of Economic Advisers Chairman Kevin Hassett said Monday. Mr. Hassett spoke after President […]

Trade War Update

Trade War Update

Responding to US President Donald Trump’s decision to impose tariffs on $50 billion worth of Chinese imports, Beijing has adopted a 25 percent tariff on 659 American products worth the same amount. US agricultural products, fish and automobiles worth some $34 billion worth of US goods will kick in on July 6, with another $16 […]

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea

President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]

Trade War Latest News

Trade War Latest News

China and Europe retaliate tariffs against US goods China vowed to “immediately” retaliate to US tariffs on Friday as Washington moved closer to imposing duties that could trigger a trade war. US President Donald Trump is due to unveil later Friday a final list of roughly $50 billion in Chinese imports that would face punishing […]

Trump Wins Again: China to Buy More

Trump Wins Again: China to Buy More

China will take a slew of incentives to further boost imports so as to drive domestic industrial upgrading and better meet the increasingly diversified consumption demands of people, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. These measures are expected to advance China’s win-win strategy of opening up. […]

Trump Kim Singapore was a Victory for Everyone

Trump Kim Singapore was a Victory for Everyone

The US is hoping to achieve “major” North Korean nuclear disarmament within 2.5 years, US Secretary of State Mike Pompeo has announced. It comes just one day after President Donald Trump’s historic meeting with Kim Jong-un. Pompeo said he will be playing the lead role when it comes to ensuring progress with Pyongyang, and added […]

China Leads the Way Developing Global Trade

China Leads the Way Developing Global Trade

Officials from around the world have been speaking highly of Chinese President Xi Jinping’s keynote speech delivered Sunday at the Shanghai Cooperation Organization (SCO) summit in the eastern Chinese seaside city of Qingdao. In the speech, Xi called on countries involved in the regional bloc to work closely to build an SCO community with a […]

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil President Trump disavowed the G7’s joint statement with a Tweet He also criticized Prime Minister Justin Trudeau as weak and dishonest. Saturday, US President Donald Trump left the G7 nations in turmoil, just as, China’s Xi Jinping and Russia’s Vladimir Putin were coming together on the other side […]

US Has the World’s Fastest Super Computer

US Has the World’s Fastest Super Computer

US Has the World’s Fastest Super Computer $IBM, $NVDA, $QCOM The US has a new supercomputer and it’s 2X as fast as the current record holder in China. International Business Machines Corp. (NYSE:IBM) developed the Summit computer, with help from Nvidia Corp.(NASDAQ:NVDA), for the US Department of Energy’s Oak Ridge National Laboratory. The system cost […]

HEFFX Master the Reverse ICO

HEFFX Master the Reverse ICO

HEFFX Master the Reverse ICO HEFFX has built a library of various ICO’s ready for a reverse merger. These include ICO’s in the Marijuana, Travel, Real Estate and Tech Sectors. With the HEFFX pre-built ICO customers are ready to sell tokens day 1. The reverse ICO is defined as the process of buying out the […]

China: RMB to Dominate USD

China: RMB to Dominate USD

China is ramping up efforts to promote yuan as a global currency. After the crackdown on outflows and devaluation in 2015, the renminbi is once again gaining momentum. The record share of yuan in global trade was at 2.8 percent three years ago, according to Bloomberg. Its share shrank to 1.7 percent in April, but […]

Majority Ownership Key to US in Trade Talks With China

Majority Ownership Key to US in Trade Talks With China

Majority Ownership Key to US in Trade Talks With China The United States hopes to convince China into letting American investors hold a majority stake in Chinese ventures, Larry Kudlow, President Donald Trump’s top economic adviser, said Thursday. The demand will be part of formal trade talks between the US and China to begin Saturday […]

Stocks Run as Possible US-China Trade War Put ‘On Hold’

Stocks Run as Possible US-China Trade War Put ‘On Hold’

Stocks Run as Possible US-China Trade War Put ‘On Hold’ $DIA, $SPY, $QQQ, $RUTX The small-cap Russell 2000 (+0.7%) advanced to a new record high for the 4th session running. US stocks spiked Monday after the US and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also […]

 Box Office: ‘Deadpool 2’ Tops ‘Infinity War’ With $125-M US Open

 Box Office: ‘Deadpool 2’ Tops ‘Infinity War’ With $125-M US Open

 Box Office: ‘Deadpool 2’ Tops ‘Infinity War’ With $125-M US Open $FOXA, $DIS, $VIA Superheroes dominate the box office Over is past weekend as Fox’s Deadpool 2 opened to $125-M domestically and $301-M globally after scoring the biggest foreign debut ever for an R-rated title. Playing in 4,349 theaters in North America, the widest release in Fox […]

US-China Tariff ‘Threats’ Have Ended, No Trade War Looming

US-China Tariff ‘Threats’ Have Ended, No Trade War Looming

US-China Tariff ‘Threats’ Have Ended, No Trade War Looming The US trade war with China is “on hold” after the world’s 2 largest economies agreed to drop their tariff threats while they work on a wider trade agreement, US Treasury Secretary Steven Mnuchin said Sunday. Secretary Mnuchin and US President Donald Trump’s top economic adviser, […]

China Buying Major Soybean Tonnage from Russia 

China Buying Major Soybean Tonnage from Russia 

China Buying Major Soybean Tonnage from Russia $SOY China, the world’s biggest Soybean importer, almost 3X’s purchases from Russia during this current  trade dispute with the US, the world’s biggest producer of the Oil seed. Russia sold about 850,000 tonnes of Soybeans to China in MY 2016-2017, according to Russia’s agriculture agency. That is more […]

USA are Not the World’s Crypto-Currency Regulator

USA are Not the World’s Crypto-Currency Regulator

The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank. According to Associated Press, Russia’s Evrofinance Mosnarbank has become the first international financial institution so far willing to back the petro after US authorities warned potential investors over related risks. […]

China’s Industrial Growth Tops Analysts Expectations

China’s Industrial Growth Tops Analysts Expectations

China’s Industrial Growth Tops Analysts Expectations China’s industrial output grew 7.0% in April from a year earlier, much more than expected, but fixed-asset investment growth slowed to 7.0% in the 1st 4 months, below forecasts, official data showed Tuesday. Analysts polled by Reuters had predicted industrial output growth would rise to 6.3%, bouncing back from […]

Trump Will Create History in North Korea

Trump Will Create History in North Korea

The US will have to assure North Korea it won’t seek to undermine its leader Kim Jong-un, Secretary of State Mike Pompeo has implied. That comes after years of slamming him as a dictator and squeezing his country with sanctions. With less than a month left before the hugely-anticipated talks between US President Donald Trump […]

Box Office: ‘Avengers: Infinity War’ Continues to Draw Moviegoers 

Box Office: ‘Avengers: Infinity War’ Continues to Draw Moviegoers 

Box Office: ‘Avengers: Infinity War’ Continues to Draw Moviegoers $DIS, $VIA, $FOXA, $CMCSA In China ‘Infinity War’ opened to $200-M in China as it becomes the Top-grossing Superhero pic of all time globally. Disney (NYSE:DIS) and Marvel’s Avengers: Infinity War finished its 3rd weekend at the box office with $1.606-B in global ticket sales after earning another […]

One Belt, One Road: China is Changing the World

One Belt, One Road: China is Changing the World

The ambitious multi-trillion-dollar Belt and Road Initiative (BRI) by China could become a great opportunity for the Gulf nations, according to Bahrain’s Minister for Transportation and Telecommunications Kamal bin Ahmed Mohammed. The Gulf region, which is a central location of the BRI, is a prime market for China and vice versa, he told the Gateway […]

China Reforms Continue

China Reforms Continue

Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC), called for coordinated efforts and orderly progress in the planning and implementation of institutional reform at the central and local levels to ensure complete victory in the area. Xi, also Chinese President, Chairman of the Central Military Commission, and head […]

Knightsbridge to Accept Bitcoin and Ethereum for Race Horses and More

Knightsbridge to Accept Bitcoin and Ethereum for Race Horses and More

Knightsbridge to Accept Bitcoin and Ethereum for Race Horses and More $BTC, $ETH Knightsbridge are now accepting Bitcoin and Ethereum for syndications and service fees. Knightsbridge Bloodstock can make your dream of owning a racehorse a reality. Thoroughbred syndication will give you the fantastic opportunity of owning your very own share in a racehorse for […]

US Has an “Agreement in Principle” with China to Reduce Trade Deficit

US Has an “Agreement in Principle” with China to Reduce Trade Deficit

US Has an “Agreement in Principle” with China to Reduce Trade Deficit Thursday, US Commerce Secretary Wilbur Ross said that China looks to be open to reducing its trade deficit with the US by as much as $200-B within 2years, along with other White House demands. “I think they agreed to the concept of a […]

As Trade Talks With China Open, President Trump Praises President Xi

As Trade Talks With China Open, President Trump Praises President Xi

As Trade Talks With China Open, President Trump Praises President Xi Thursday, US President Donald Trump praised his relationship with Chinese President Xi Jinping as officials from the world’s 2 largest economies began trade talks in Beijing. A deal to fundamentally change China’s economic policies is viewed possible during the 2 days of talks, though […]

F1: Ferrari’s (NYSE:RACE) Vettel Lesson Learned at Baku 2017

F1: Ferrari’s (NYSE:RACE) Vettel Lesson Learned at Baku 2017

F1: Ferrari’s (NYSE:RACE) Vettel Lesson Learned at Baku 2017 $RACE Daniel Ricciardo, winner at China is on a high and Baku rewards the overtaking moves he is known for, but he will not be faster than Sebastian Vettel, and he cannot depend on the safety car.  F1 is back again in Azerbaijan, where a year […]

US Treasury Secretary Mnuchin to Travel to China for Trade Talks Next Week

US Treasury Secretary Mnuchin to Travel to China for Trade Talks Next Week

US Treasury Secretary Mnuchin to Travel to China for Trade Talks Next Week Treasury Secretary Steven Mnuchin will head to China next week to settle any trade disputes after The Trump Administration levied steep tariffs on China over its steel and aluminum exports to the US. “I think we’ve got a very good chance of […]

China Trade Truce in the Making

China Trade Truce in the Making

China Trade Truce in the Making The words in the air are that US Treasury Secretary Steven Mnuchin is considering a trip to China to moderate/mitigate a trade dispute with Beijing. Secretary Mnuchin said he is “cautiously optimistic” of reaching an agreement with China that bridges their differences on trade. “A trip is under consideration.” Secretary […]

China Keeps Investing at a Global Level

China Keeps Investing at a Global Level

China’s non-financial outbound direct investment (ODI) continued to see double-digit growth in the first quarter of the year, official data showed Monday. Domestic investors made 25.5 billion U.S. dollars of non-financial ODI in 2,023 overseas enterprises in 140 countries and regions for January-March, the Ministry of Commerce (MOC) said. The figure was up 24.1 percent […]

Private Business Powers China

Private Business Powers China

The private sector has played a significant part in the long-term rapid development of the Chinese economy, the statistics authority has said. The number of private industrial businesses with annual turnover over 20 million yuan (3.18 million U.S. dollars) stood at 222,000 in 2017, up 17.5 percent from five years ago and accounting for 57.7 […]

Promote your ICO with HEFFX

Promote your ICO with HEFFX

Promote your ICO with HEFFX Public relations communication has now become imperative across the cryptocurrency industry and Live Trading News is the perfect place to spread the word. Being in the limelight of the competition among cryptocurrency companies is getting harder these days. If you have got no publicity, you will most likely be left […]

People are Asking, “Is there more trade pressure coming against China?”

People are Asking, “Is there more trade pressure coming against China?”

People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]

HEFFX Let’s You Start Your Own CryptoCurrency

HEFFX Let’s You Start Your Own CryptoCurrency

HEFFX Let’s You Start Your Own CryptoCurrency Maybe it’s time for you to make your own cryptocurrency, to make your own medium of exchange for goods and services. That may sound complicated! But it’s simpler than you would expect — thanks to the great strides the decentralization community has made and continues to innovate with. […]

President Trump Posts ‘Big Win’, Xi Aligns

President Trump Posts ‘Big Win’, Xi Aligns

President Trump Posts ‘Big Win’, Xi Aligns $SPY Tuesday, Chinese President Xi Jinping promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen deescalating trade dispute with the United States. Xi’s comments sent global stock markets higher on hopes that a trade war is averted. Xi […]

Xi’s Comments on ‘Opening Up’ China Driving Broad Rally

Xi’s Comments on ‘Opening Up’ China Driving Broad Rally

Xi’s Comments on ‘Opening Up’ China Driving Broad Rally $DIA, $SPY, $QQQ, $VXX Wall Street’s major stock indexes hit session highs Tuesday as investors concerns about rising US-China trade tension receded after Chinese President Xi Jinping promised to cut import tariffs. Fully 10 of the 11 major S&P sectors were higher, with the energy index […]

China Ready to Grow with or without USA

China Ready to Grow with or without USA

Chinese President Xi Jinping unveiled new measures for expanding reform and opening up Tuesday as China marks the 40th anniversary of the policy this year, heralding “a new phase of opening up” for common prosperity of both China and the world. “China’s reform and opening up meets its people’s aspiration for development, innovation and a […]

US China Trade War May Settle with Talks

US China Trade War May Settle with Talks

Beijing has requested dispute consultations with the United States at the World Trade Organization over US tariffs slapped on imports of Chinese steel and alumium products, according to a WTO document published Tuesday. China’s representative to the world trade body has requested “consultations” with Washington over its decision to impose “additional ad valorem rate of […]

It’s Time to Buy CryptoCurrencies

It’s Time to Buy CryptoCurrencies

Despite the dramatic roller-coaster of the crypto market this year, well-known investors have opted to buy into digital currencies, triggering a brief surge in the prices of top tokens. Reports have emerged that George Soros is preparing to invest in digital assets, despite his earlier criticism of them. Adam Fisher, who controls macro investing at […]

President Trump is ‘Responding to China’s Decades of Misdeeds’

President Trump is ‘Responding to China’s Decades of Misdeeds’

President Trump is ‘Responding to China’s Decades of Misdeeds’ Monday, President Donald Trump is trying to warn about China’s “decades of misdeeds,” White House economic adviser Larry Kudlow said. After announcing new tariffs last week, President Trump Tweeted early Monday morning: “No, it sounds like STUPID TRADE going on for years!” “This President’s got some […]

President Trump, “China will take down its trade barriers”

President Trump, “China will take down its trade barriers”

President Trump, “China will take down its trade barriers” Sunday, US President Donald Trump said he sees an end to the so-called trade dispute with China, after tit-for-tat retaliatory tariffs and threats that rattled markets. “China will take down its trade barriers because it is the right thing to do,” President Trump said in a […]

Strong Economic Development Seen in the USA

Strong Economic Development Seen in the USA

Strong Economic Development Seen in the USA $DIA, $SPY, $QQQ US stocks were up and down last week, seeming driven by shifting headlines on US-China trade tensions. When in fact the market is consolidating the huge gainer since Donald Trump was elected US President. Now, is very important to distinguish between tariffs that we already […]

The Costs of a Full Blown Trade War, Should One Happen

The Costs of a Full Blown Trade War, Should One Happen

The Costs of a Full Blown Trade War, Should One Happen The US and China have announced tariffs on each other’s goods recently, and have threatened to impose more. Assuming they take effect, the tariffs that China has announced so far on American goods will focus on agricultural products, automobiles, aircraft and chemicals. Although exports […]

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World The US trade figures for February that were released this week and showed a widening deficit. President Donald Trump’s policies over the past year have been calculated to increase the size of the US trade and current account deficits. One could easily say that the […]

“China Is the Problem. President Trump Is the Solution”

“China Is the Problem. President Trump Is the Solution”

“China Is the Problem. President Trump Is the Solution” $DIA, $SPY, $QQQ, $VXX White House economic adviser Larry Kudlow rejects the notion that the world is in a trade war, pointing out that China is the reason for escalating tensions. “China is the problem. President Trump is the solution,” Mr. Kudlow said in a TV […]

President Trump, ‘We will stop China from taking advantage on trade”

President Trump, ‘We will stop China from taking advantage on trade”

President Trump, ‘We will stop China from taking advantage on trade” Thursday, US President Donald Trump said it is time to stop China from “taking advantage” of America, just as a Top adviser said the administration will ask allies to pressure Beijing on its trade policies. President Trump showed no sign of backing down after […]

Full Trade War Begins

Full Trade War Begins

Stocks are down across Europe and in pre-market trading on Wall Street after China announced retaliatory tariffs on American imports. Before the opening bell, the S&P is down 1.7 percent, with the Dow and the Nasdaq over 2 percent lower. A loss of each percent in American indices means losing billions of dollars in value […]

China Strikes Back in Trade War

China Strikes Back in Trade War

Beijing will hit 106 American products, including soybean, automobile, and chemicals, with a 25-percent tariff in response to US levies on Chinese goods, Bloomberg reports, citing a CCTV report of the State Council decision. The move comes after Washington slapped nearly 1,300 Chinese goods with 25-percent tariffs. According to the White House, the measure is […]

Trade War Intensifies

Trade War Intensifies

Beijing is hiking up tariffs on more than 128 US imports, including fruit and pork, as part of a tit-for-tat response to US President Donald Trump’s $60 billion package of tariffs imposed against China. The additional fares, which range from 15 to 25 percent, will take effect on Monday, the Chinese Finance Ministry said on […]

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’

China Has Launched Its Gold-backed ‘Petroyuan’ $CNY, $USD, $USO, $OIL, $GLD For the last few years, I have been writing about China’s coming Gold-backed ‘petroyuan’ and that it was imminent, few thought is possible. On 26 March China launch an RMB Yuan-dominated Crude Oil futures contract, it had tried before, but, now the contract has gotten […]

President Trump’s Tariffs to Curb China’s Abuses

President Trump’s Tariffs to Curb China’s Abuses

President Trump’s Tariffs to Curb China’s Abuses Thursday, US Commerce Secretary Wilbur Ross said President Donald Trump’s latest round of tariffs on Chinese imports will lead to a trade war with America’s biggest trading partner. “There will be some ultimate retaliation from the Chinese but I don’t think it’s going to be the end of […]

Bitcoin and Crypto’s Will Rally

Bitcoin and Crypto’s Will Rally

Bitcoin and Crypto’s Will Rally $BTC.X $ETH.X $XRP.X An international group of central bank regulators and government ministers has told the G20 countries that bitcoin poses no threat to global financial stability, sending the cryptocurrency market higher. The Financial Stability Board’s chairman, Mark Carney, who also heads the Bank of England, has sent a letter […]

Bitcoin Headed Over $90,000

Bitcoin Headed Over $90,000

Investors in bitcoin are about to see a turn around in their fortunes. That’s the prediction of analysts at one research firm who claim the value of the cryptocurrency will reach $91,000 by March 2020. $BTC.X $ETH.X $XRP.X Bitcoin has seen its value more than half since hitting a high of almost $20,000 in December. […]

Bitcoin, Ethereum, Ripple, Buy the Dips

Bitcoin, Ethereum, Ripple, Buy the Dips

Bitcoin, Ethereum, Ripple, Buy the Dips $BTC.X $ETH.X $XRP.X Another fall and another rally is coming. Good news for the Crypto market as Google and Facebook ban Crypto advertising. Why is that good news? The only people spending big on those advertising platforms were scams. The cryptocurrency market crashed on Thursday with bitcoin plunging to […]

The World’s “Really Rich” are Investing in Cryptocurrencies

The World’s “Really Rich” are Investing in Cryptocurrencies

The World’s “Really Rich” are Investing in Cryptocurrencies $BTCUSD Readers are asking: What are the world’s really rich doing when it comes to cryptocurrencies? What we do know from our experience is that a growing number of HNWIs (high- net-worth individuals) are attracted to ‘coins and tokens’. And that 21% of respondents in an annual […]

Trade Guru, Peter Navarro, Takes WH Spotlight

Trade Guru, Peter Navarro, Takes WH Spotlight

Trade Guru, Peter Navarro, Takes WH Spotlight US President Trump’s trade adviser Peter Navarro, 68 anni, has emerged from the shakeup the ascendant. With his chief rival, Gary Cohn on the boot and shoe line out, Mr. Navarro and his protectionist trade policies are taking center stage as President Donald Trump imposes the steep tariffs […]

China to Open Financial Sector, May Release a Cryptocurrency

China to Open Financial Sector, May Release a Cryptocurrency

China to Open Financial Sector, May Release a Cryptocurrency $BTC.X $ETH.X $XRP.X CryptoCurrencies China is in no hurry in developing a digital currency, Zhou Xiaochuan, the country’s central bank governor, said here Friday. The development of a digital currency should be a prudent progress and avoid excessive speculation, Zhou said at a press conference on […]

Cryptocurrency News BTC, ETH, XRP

Cryptocurrency News BTC, ETH, XRP

Cryptocurrency News BTC, ETH, XRP The Marshall Islands The Marshall Islands is creating its own digital currency in a bid to raise money. In doing so it becomes the first country in the world to recognize a cryptocurrency as legal tender. The small Pacific Island nation passed the Sovereign Currency Act to create the ‘sovereign’, […]

5 ICO’s that Would have made You Rich, and some to Still Catch

5 ICO’s that Would have made You Rich, and some to Still Catch

No one becomes rich by stashing money under the mattress. Each and every billionaire or millionaire gets there mostly by investing. The recent boom in digital currencies and initial coin offerings (ICOs) provide ordinary folks with a golden opportunity to make their savings work for them. Some of those are quite risky, others are scams. […]

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth China’s banking regulator has introduced steps to cut the Red Tape for foreign banks, state media agency said Saturday, as part of the government’s ongoing effort to promote investment in the country’s fast-growing financial sector. The China Banking Regulatory Commission (CBRC) has revised its […]

Bitcoin News: Another Hack Proves the Value of G-BiT X

Bitcoin News: Another Hack Proves the Value of G-BiT X

Bitcoin News: Another Hack Proves the Value of G-BiT X A computing error at a Japanese cryptocurrency exchange Zaif has allowed some customers to claim digital tokens for $0. This raises further questions about security at crypto exchanges. The glitch happened with Zaif’s price calculation system and allowed seven customers to obtain digital money for […]