#China #XiJinping #JackMa #AntIPO #Alibaba #Halt #fintech $BABA China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-B IPO (initial public offering), the WS-J reported Thursday, citing Chinese officials with the knowledge of the matter. The decision to stop what would have been the world’s largest ever IPO, came days after […]
#PresidentTrump #ChineseFirms #investments #crackdown Update: President Trump Thursday signed an executive order to block investment in Chinese businesses that the administration says benefit China’s military. The order prohibits such investments beginning 11 January 2021, but allows divestment from investments that include the Chinese securities through 11 November 2021. The Trump Administration is finalizing an executive order to prohibit US investments in […]
#C-19 #Coronavirus #Everyone #Wrong #Immune #WHO #Switzerland #science #speculation #deaths #epidemiologists #infections #diet #Chinese #children #socialissues #risk #tcells “The immune response to the virus is stronger than everyone thought“– Beta M. Sadler The coronavirus is retreating. The Big Q: What actually happened in the past few weeks? The Big A: The experts missed basic connections, […]
#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]
Foreign affairs expert and Asia analyst Gordon Chang says China wants to ‘grab’ the world’s information. “They are giving subsidized equipment and Beijing is doing this because it wants to grab the world’s information,” he said Thursday of China telecom giant Huawei, which lawmakers and intelligence agencies have accused of undermining national security through alleged corporate […]
The Chinese Communist regime and/with the World Health Organization (WHO) are not only complicit in one another’s global coronavirus pandemic culpability, they are criminally negligent, according to President Trump’s personal attorney Rudy Giuliani. “China’s failure to communicate clearly with WHO is a crime of international proportions, and WHO fixing it for China is disgraceful,” Mr. […]
The Chinese Communist regime is going to face “a day of reckoning” for the global coronavirus pandemic, not only killed Americans but damaging its economy. The Big Q that is being debated in Washington now about holding China financially responsible for America’s health crisis and corresponding economic impact. When we find evidence and we will find […]
The UN’s health organization once had clean reputation, that was until the Chinese communist backed him for its Top management position, that makes it failure all the more shameful. On 30 December a Chinese doctor, Li Wenliang, warned colleagues about the outbreak of an illness resembling SARS (severe acute respiratory syndrome), which had triggered pandemic in Y […]
Today, most people think of the Black Death as something just in history books. a time before doctors knew about viruses and bacteria. But this month, 3 people in China were diagnosed with 2 different forms of The Plague, highlighting that it is not entirely a thing of the past. Neither are discussions about the cause […]
Friday, President Trump accused the World Health Organization (WHO) of helping the Chinese communist regime to conceal the number of its citizens that have been infected by its latest virus. “I do believe they knew,” the president said at Friday’s briefing of the coronavirus task force, suggesting that the WHO was aware that President Xi […]
If any 1 country deserves to have the name “Chinese” attached to a pandemic, it’s China, which did all it could to conceal the outbreak rather than contain it. For weeks, China covered up the coronavirus pandemic. And in the days and weeks after the crisis became evident, China left its airports and borders open, […]
Wednesday, President Trump said he did not mind Philippines President Duterte’s decision to end a decades-old military agreement with the United States President Duterte Tuesday announced termination of the 20 yr old Visiting Forces Agreement (VFA). Defense Secretary Mark Esper called the decision “unfortunate” as Washington and its allies press China to abide by “international […]
$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]
$DIA, $SPY, $QQQ, $RUTX, $XRT, $IWM Our New Year is here and we are just a few weeks away from the Chinese New Year, so not too early to share some of my favorite Chinese Astrologer’s thoughts on the coming Year of the Rat, he is famous for his predictions, but not perfect. The background: […]
$LGF, $VIA, $CMCSA, $DIS, $AMZN ‘Doctor Sleep‘ snoozed in $14.1-M, ‘Playing With Fire‘ Topped ‘Last Christmas‘ in the weeknd’s 2nd upset. Veterans Day weekend is light at the NA box office as the new movies disappointed. The World War II epic Midway may have topped the chart with a better-than-expected $17.5-M from 4,086 theaters in a surprise […]
The provincial capital Fuzhou, which administers coastal Fuqing, Changle and Lianjiang, has a centuries-old seafaring tradition. Over the centuries, Fujian merchants sailed around the world with tea and porcelain. Impoverished fishermen braved perilous currents in rickety junks to settle the islands in Southeast Asia and beyond. Many to the US, to start small businesses where […]
“Whatever happened to Hunter? Where the hell is he?” President Trump asked his rally crowd. “Let’s do another T-shirt. Where’s Hunter?” Soon after the rally, President Trump’s 2020 campaign website started selling $25 T-shirts emblazoned with “Where’s Hunter?” Forcing him out of his low-profile stance on the brewing China-Ukraine scandal. President Trump has called on […]
The Chinese government is buying stakes in private companies to keep them afloat amid economic troubles in the country, the WS-J reports. The government has taken steps in the past few decades to move from state-owned businesses to private enterprises, since their public-sector companies tended to lag behind private firms in terms of efficiency and innovation. […]
$XAU NKorea has many resources desired by the Chinese. Not just gold but also copper ore, iron ore, aluminium, charcoal, timber, pine nuts, hazelnuts, seafood and pine mushrooms. In the 1990’s, traders just needed to give the border patrols on both sides of the river a small bribe. Now, things have tightened up. But United […]
$BTC, $BTCUSD Online criminals hawking lethal substances like fentanyl are demanding payments in Bitcoin, Bitcoin Cash, Ethereum and Monero, according to a new White House report. The report, intended to raise awareness about the fentanyl crisis, describes cryptocurrencies as one of the “predominant funding mechanisms associated with fentanyl trafficking.” Cryptocurrencies apparently feature heavily in the 2 main […]
Chinese cities are moving up the ranks as the world’s most powerful, with Hong Kong, Beijing and Shanghai now Topping Los Angeles, Berlin and Tokyo, and more… For China to keep rising to compete with the likes of Western power centers, it needs to create cities more open to diversity and more inclusive, say analysts […]
Alipay, the world’s leading payment and lifestyle platform operated by Ant Financial Service Group, announced that it is partnering with UK mobility start-up, Splyt Technologies, to give the payment platform’s hundreds of millions users access to a global ride-hailing inventory via its in-app mobility marketplace mini program. Through this first integration of its kind by a […]
$RACE FLASH: Chinese F1 Grand Prix 2019 Qualifying: Saturday’s Results, Times & Final Grid Sunday, MercedesAMGs’ Valtteri Bottas will start the 2019 Chinese F1 Grand Prix from Pole position at the Shanghai International Circuit. Mr. Bottas went fastest Saturday’s qualifying with a time of 1 min, 31.537 secs, just 0.023 secs quicker than team-mate Lewis […]
$CNY, $USD, $GS FLASH: The RMB Yuan’s rally has more room to run as China’s economic recovery picks up The currency will advance about 1.5% to 6.6 a USD in the next 12 months, says the Chief China economist at Goldman Sachs in Hong Kong. That is more Bullish than Goldman’s 6.7 forecast in January. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: March is shaping up as pivotal for the world economy. The coming weeks are set to offer clarity on a US-China trade deal, Britain’s fate within the EU and any signs that China’s economy is turning around. Also, President Trump is mulling a report that may lead him to […]
$GS, $MS FLASH: There is Big money heading to Chinese stocks After MSCI Inc. announced Thursday that it would boost the weighting of China’s onshore shares in its emerging market index, more than $46-B is set to pour in from funds that track the gauge. Chinese equities climbed to the highest since June Friday, leaving […]
$GS, $USD, $USO, $OIL FLASH: On the global markets, some green shoots are emerging. The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist in a note Tuesday. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers. Some green […]
Huawei Responds To CFO’s Arrest In Canada For Extradition To The US UPDATE: Huawei CFO facing fraud charges re company’s links to a firm that tried to sell equipment to Iran despite sanctions. Friday afternoon a Canadian prosecutor said in the bail hearing. After 6 hrs of arguments for and against no decision was reached and […]
The Chinese will Account for 50% of Luxury Sales by 2025 Chinese consumers remain the focus of luxury goods makers, as a new study by Bain consultancy shows they will fuel nearly half of global high-end sales by Y 2025. Bain said Thursday that Chinese shoppers will account for 46 – 50% of global luxury […]
US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
China’s Growth Slows, Investors Seeking Reassurances Friday, China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz to shore up confidence in its fall stock market. Growth in the Quarter that ended in September slipped to 6.5% over a year earlier from the prior Quarter’s 6.7%, official data […]
China Has the Power to Destroy Bitcoin (BTC) $BTCUSD A damning new study has suggested China holds threatening influence over Bitcoin (BTC), and perhaps even the ability to attack and ultimately destroy the entire Bitcoin network. Academics from Princeton and Florida International Universities have explored how China “threatens the security, stability, and viability of Bitcoin” […]
President Trump: “Time to Take a Stand on China After Tariff Move” US President Donald Trump hit out at China days after announcing another round of tariffs, signaling the trade dispute will not end soon. “It’s time to take a stand on China,” President Trump said in an interview late Thursday with Fox News. “We have no […]
President Trump’s Chinese Tariff Announcement Dampen Sentiment $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Monday, with tech shares leading the retreat, as investors prepared for another tranche of US tariffs on Chinese goods. This latest round of tariffs is expected to slap a duty of around 10% on $200-B worth of Chinese goods. Beijing […]
China’s PBoC Intensifies Pressure on Cryptocurrency Activity $BTCUSD Chinese authorities have intensified pressure on domestic cryptocurrency activity. Beijing supports the development of the underlying blockchain technology, but it is still trying to limit speculation in digital currencies roughly 1 year since banning their sales in ICOs. Bitcoin prices surged last year as investors bet blockchain […]
History will be made when 2 exquisite Hong Qi limousines pull onto the competition field at the 2018 Pebble Beach Concours d’Elegance. Great automobiles produced in Europe and the United States have long graced the competition field of this Concours, but this will be the first appearance for automobiles produced in mainland China. The Chinese […]
The Chinese Economy “looks terrible, it is collapsing” $USDCNY President Trump’s economic adviser Larry Kudlow says the Chinese economy “looks terrible.” Asked by President Donald Trump to assess China’s prospects this week at a cabinet meeting,Mr. Kudlow declared that “their economy is just heading South,” citing “the latest batch of numbers” from China’s markets. “I’m not a […]
China’s Political and Economic Waters Look Choppy As China’s leaders gather for their annual Yellow Sea retreat, its political and economic waters look choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as […]
President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports” US President Donald Trump has indicated that he is willing to hit every product imported from China with tariffs. President Trump said “I’m willing to go to 500,” referring roughly to the $505.5-B in goods imported last year from China. The Trump Administration […]
Archaeology Find Suggests Humans Left Africa Earlier Stone tools recovered from an ‘dig’ in China suggest that our evolutionary forerunners trekked out of Africa earlier than the experts thought. Until now, the oldest evidence of human-like creatures outside Africa came from 1.8-M-year-old artifacts and skulls found in the Georgian town of Dmanisi. But the new […]
US Stocks Fell Monday in Response to Pending Trade Issues $DIA, $SPY, $QQQ, $RUTX, $VXX The escalating trade dispute between the US and other leading economies effected US stocks Monday, pushing the S&P 500 and NAS Comp to their biggest losses in more than 2 months. Losses were widespread Technology stocks suffered the most, with […]
President Trump, “Remove your trade barriers or be met with more than Reciprocity by the USA” Sunday, US President Donald Trump warned other nations about their trade policies with the United States. The President’s statement comes days after he threatened to place a 20% tariff on all European automobiles entering the US and after Commerce […]
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 […]
F1: Australia’s Daniel Ricciardo Raced to Victory in Shanghai, Thrilling the Sold Out Crowd $RACE Red Bull Racing’s Daniel Ricciardo, who might not have even qualified for the race (but did) put on a winning show at the Chinese Grand Prix, while teammate Max Verstappen’s reckless driving thwarted Ferrari’s (NYSE:RACE) championship leader Sebastian Vettel run […]
F1: Ferrari (NYSE:RACE) Favored to Win Shanghai Grand Prix $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel followed up his win at Melbourne with another victory at Bahrain last weekend, and he is favored to take the Chequered Flag at Shanghai this weekend. MercedesAMG’s Lewis Hamilton said that he believes it will be difficult to halt Ferrari’s winning […]
Pakistan a ‘Pothole’ in China’s New Silk Road Initiative China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe hit a $14-B pothole in Pakistan. Pakistan’s relations with Beijing are so close that officials call China their “Iron Brother.” Despite that, plans for the Diamer-Bhasha Dam were thrown […]
Chinese Leaders, “More Imports, Less Financial Risk” Chinese leaders have promised to increase imports and reduce risks in their financial system following an annual planning meeting amid slowing economic growth and pressure from trading partners to open their markets wider. The 3-day meeting that ended Wednesday is a throwback to China’s era of central planning, […]
China says, “We are rising, accept it.” Tuesday, the Chinese government criticized US President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to “abandon a Cold War mentality” and accept China’s rise. President Trump’s decision reflects a “victory of hardliners” in his administration, the official news agency said. It warned […]
China’s Geely Motors Buys Lotus, Hopes to Compete with Ferrari $RACE, $GELYF, $POAHY Lotus has a new owner in Chinese automaker Geely (OTCMKT:GELYF), who’s declared ambition is to turn the struggling British sports-car maker into a rival of Ferrari (NYSE:RACE) and Porsche (OTCMKT:POAHY). A bit far-fetched in that Lotus sold less than 1600 cars globally last year, […]
China’s yuan weakened against the US dollar on Friday, with strong corporate demand supporting the greenback but the Chinese currency is on course for its best week in more than a month. Prior to market opening, the People’s Bank of China (PBOC) set the official yuan midpoint at its strongest in six weeks at 6.5810 […]
Chinese, US Companies Sign $250-B+ in Business Deals $BA, $F, $LNG, $SOYB Chinese and US companies signed deals worth more than $250-B during President Donald Trump’s state visit to China. Thursday, Chinese President Xi Jinping revealed the figure after he and President Trump witnessed the signing of the agreements. China and the United States have […]
Trump’s Granddaughter Arabella Enchants China With Mandarin Song This is Terrific, Good on Ivanka, Jared and Arabella! President Donald Trump’s granddaughter Arabella Kushner sings in Mandarin. (CGTN/YouTube) President Trump showed Chinese President Xi Jinping a video of his granddaughter in a Chinese-style dress singing a song in Mandarin and reciting a poem, which she dedicated […]
US Soybean Export Council Optimistic about China-US Relationship $SOYB, $USD, $CNY The US Soybean industry is very optimistic about the future relationship with the Chinese soybean processing and utilization industries. “We expect China’s economy to grow, consumers’ income to increase and urbanization to expand,” Paul Burke, North Asia regional director of US Soybean Export Council […]
China Plays a Role in the Gold Market, How Important? $GLD, $USDCNY China has been accumulating Gold over the past 10 years, and it is also the largest producer of Gold in the world and perhaps the world’s biggest consumers of the precious Yellow metal. The World Gold Council’s (WGC) data for Q-2 Y 2017, says […]
Asia Billionaires Overtake US for 1st Time, Led by Chinese Asia leads the world with billionaires, China leads the Asians Peer networks are playing an increasingly important role for billionaires when it comes to making, spending and giving away money Billionaire wealth increased 17% to $6-T in Y 2016, after a decline the prioryear, UBS […]
The 1st China-US Investment Database Debuts Wednesday, a comprehensive China-US investment and cooperation database was launched in NYC, aiming at enhancing cooperation between the Chinese and US business communities and promoting Chinese investment in the United States. The database, the 1st investment information database serving Chinese companies and their partners in the United States, was established […]
China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth Wednesday, Chinese President Xi Jinping, 64 anni, laid out his vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution. Opening the Communist Party congress, Xi pledged […]
China’s Wanda Stock Crashes, Chairman Detained $AMC Wanda’s Hollywood future in question, Beijing exerts pressure Wanda said the claim was “false and malicious.” Chinese conglomerate Dalian Wanda Group denied rumors that its billionaire chairman Wang Jianlin was detained by authorities and forbidden to leave China. But the damage has been done at home and abroad […]
Beijing Has “New Rules” for Outbound Investment China has codified its rules on overseas investments, making explicit its campaign against irrational acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out 3 categories: Banned, Restricted and Encouraged (see the lists below) Beijing has outlawed investments in gambling and sex […]
The Big 3 US MLM Companies ‘Hammered’ by Chinese Regulator Concerns $HLF, $NUS, $USNA Shares of Herbalife Ltd. (NYSE:HLF), Nu Skin Enterprises (NYSE:NUS) and USANA Health Sciences (NYSE:USNA) seeing a deep dive over concerns that Chinese regulators will crack down on the companies’ marketing practices. Herbalife fell 7.8% to 60.71, marking the biggest decliner in […]
China is Controlling Offshore Investments $AMC China’s controlling offshore investments makes sense, but that does not mean it is smart. It is tempting to see all manner of conspiracies behind the Chinese government’s recent crack down on companies that have expanded rapidly abroad. In fact, the reasoning behind the campaign is straightforward. The real problem is […]
Hong Kong is the World’s Top Stock Market $HSI, $TCEHY, $PNGAY, $AAPL, $FB Among the world’s biggest stock markets, there have not been any better investments YTD than Hong Kong’s Hang Seng Index But under the surface of that 25% rise, gains are getting more concentrated, and that means for some shares, volatility is on […]
Chinese Regulators Cracking Down on Overseas Acquisitions $AMC China plans to further tighten regulations on overseas acquisitions by Chinese companies and borrowing to fund those transactions, and has started closely scrutinizing the commercial aspects of the deals, three people familiar with the move said. The National Development and Reform Commission (NDRC), and the Ministry of […]
Police Taking Measures to Ensure Safety of Chinese Consul General in Los Angeles Los Angeles, California police Wednesday said they will “closely monitor” the surroundings of the Chinese Consulate General there to ensure the safety of the consulate office building and diplomatic staff. Los Angeles Police Department (LAPD) made the remarks after Tuesday’s shooting incident […]
Chinese Demand for Gold Bars Up by 51% $GLD Demand for Gold bars in China, the world’s biggest Bullion market, soared by 50%+ in 1-H of this year as investors sought a haven from financial and geopolitical risks. Sales climbed 51% to 158.40 tonnes from a year earlier, the China Gold Association said in a […]
Chinese Spy Ship Seen Off Alaska’s Coast A Chinese spy ship has been seen off of the Alaskan coast for the last several days,most likely because of America’s recent missile defense system test. US Navy Captian Scott Miller of the the North American Aerospace Defense Command said the Chinese vessel is either a “communications” or […]
Robots to Serve and Entertain More than 50 companies are showcasing a new generation of robots at this week’s Shanghai CES electronics show, built to serve as companions at home, attendants at shopping malls or just provide entertainment. Chinese companies including Shenzhen-based startup Aelos Robotic Inc. are displaying robots with heightened dexterity and skills. Beijing’s […]
Russian, Chinese Leaders Meet, Boast Their Close Ties Russia’s President Vladimir Putin and Chinese President Xi Jinping hailed close ties between the 2 nations during their meeting Thursday on the sidelines of a Summit of an alliance dominated by Moscow and Beijing. The leaders are attending a 2-day Summit of the Shanghai Cooperation Organization, or […]
Investment in Small Chinese Stocks Expected to Bloom As some analysts expect he momentum to come off The Trump Rally in the late Spring, it does not seem unreasonable that the market in Chinese stock will bloom and flower into the Summer. Y 2016 was not great for Chinese stocks. At the end of Y […]
US Steel Stocks Spike on President Trump’s Buy America Initiative $X, $NUE, $STLD, $CLF US President Donald Trump launched an investigation Thursday to determine whether Chinese and other foreign-made steel threatens US national security, raising the possibility of new tariffs and triggering a rally in US steel stocks. US Commerce Secretary Wilbur Ross cast the […]
President Trump Showed that a Strong US-China Partnership is Possible. The meeting between President Donald Trump and Chinese President Xi Jinping showed that confrontation between the 2 superpowers was not inevitable and that both sides appeared to be “equally enthusiastic about the constructive relationship they have promised to cultivate,” according to Chinese state-run media. By all […]
President Trump Met With a High Level Chinese Official on Bi-lateral Cooperation’s US President Donald Trump Monday met with visiting Chinese State Councilor Yang Jiechi at the White House, pledging to enhance bi-lateral high-level exchanges and cooperation in all areas. During the meeting, Yang 1st conveyed greetings to President Trump from Chinese President Xi Jinping, […]
US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.88. The projected upper bound is: 6.92. The projected lower bound is: 6.81. The projected closing price is: […]
US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.97. The projected lower bound is: 6.88. The projected closing price is: 6.92. FOREX CNY= closed up 0.031 at 6.918. Volume was 3% […]
Renewed Optimism Seen For Chinese Economy In March of this year Chinese leaders detailed the nation’s 13th 5-year plan running from 2016 – 2020 which doubles-down on a long-stated commitment to “double 2010 GDP by 2020”. The 2020 GDP goal would require annual growth rates of 6.5% to go from a nominal $10-T last year […]
Chinese Economy Faces Opportunities & Challenges The Chinese economy boasts a lot of opportunities to move forward despite concerns of a growth slowdown, economists and experts told a forum Friday. At the 6th Conference on the Chinese Capital Markets held by the New York University’s Center on US-China Relations, they also saw great growth potential […]
Chinese Bargain Hunters Buying Gold $GLD Gold futures closed at the lowest level since February as the Fed is expected to raise interest rates, as US equities tap at record highs luring money out of safe havens and fund holdings collapse. Meanwhile, Chinese retail buyers are stepping in to take advantage of the low prices. […]
Chinese Real Estate Investment Moves to Seattle, Washington $AMZN, $MSFT Vancouver, BC’s new property tax triggered a new wave of Chinese real estate investment in Seattle, Washington Vancouver, which has seen detached-home prices 2X’d in the past 10 years, joined areas including Australia and Hong Kong in taking steps to slow housing demand after an […]
F1: McLaren Engineering in Play $LMCA Ron Dennis, 69 anni,Chairman and CEOof the McLaren Group owns 25% of the business, with another 25% owned by his business partner Mansour Ojjeh, with the remaining 50% owned by a Bahraini sovereign wealth fund. According to reports Friday night, Mr. Dennis presented the offer for McLaren last week, […]
The 1st Chinese Imperial Firearm Hammered for $2.5-M in London $BID The 1st Chinese firearm with an imperial reign mark ever to be offered at auction sold for $2.5-M, the auction house Sotheby’s (NYSE:BID)London announced Wednesday. The gun, a brilliantly designed and exquisitely crafted musket, produced in imperial workshops was created for the Qianlong Emperor […]
Real Estate: London’s Spire to be the Tallest Residential Building in Western Europe In Y 2013, the architecture firm HOK was approached by a representative of the Greenland Group, China’s 3rd-largest developer. “They said they were investing in London and that they’d made an offer on a parcel,” said HOK Senior Vice President Larry Malcic. “They had […]
“Do Not Be Fooled, There is No Economic Recovery” $GLD Peter Schiff, CEO of Euro Pacific Capital, advises that savvy investors should not be fooled by reports of any economic recovery. And the same investors should continue to buy Gold despite the pullback. “I’m certain that all this talk about a recovery is wrong,” Mr. […]
China, the World’s Economic Driver and Polluter Here is something to get your head around. These figures may be a little high given the slowdown in world economy. But, this moves the Chinese from Stratospheric to Upper Atmosphere. China has 19% of the world’s population, but it consumes: 53% of the world’s Cement 48% of […]
US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook HEFFX Notes Chinese Yuan Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.63. The projected upper bound is: 6.71. The projected lower bound is: 6.64. The projected […]
Chinese Companies Taping ASEAN Market As more and more Chinese companies tap into the burgeoning Southeast Asian market, expert and company officials expect localization to be a Key aspect to boost industrial capacity cooperation between China and members of the Association of Southeast Asian Nations (ASEAN). The long-time friendly ties and close neighborhood provide China […]
IMF has Positive Outlook for Chinese Economy For a massive economy like China’s, which is in the midst of transition, it is easy to dwell on fragmentary data while failing to see the “Forest for the Trees.” While the latest official indicators of traditional growth engines have underperformed, those measuring the new drivers of the […]
Reform, Innovation Driving Chinese Economy When Shanghai INESA held its first technology meeting in Y 2010, a board erected at the door of the meeting room had almost nothing to display as there were no “decent” quality products at that time. But things became different when the instruments and electronics products manufacturer held its second […]
China’s Entrepreneurs Reluctant to Invest in Restructuring Economy China is expected boost public investment to offset the effect of very cautions private capital investment, which has been discouraged by uncertainty during the ongoing economic restructuring. “Given the slowdown, the government should begin to invest more, partly through special construction funds, to stimulate investment and stabilize […]
Chinese Topped International Home Buyers In US The Chinese were the largest group of foreign buyers of US homes in the year ended 31 March. A National Association of Realtors (NAR) survey for the 2nd year running showed that Chinese nationals topped international home buyers in the US, with purchases of 29,195 homes totaling about […]
The Chinese are Top Buyers of US Real Estate The Chinese have bought total of $27.3-B, or 29,195 houses in the US last year. What these numbers tell us is China has been the largest buyer of US homes for the 2nd year in running Increasing activity has brought both the dollar volume and number […]
Chinese Students Search for the American Educational Experience The number of Chinese young men and women studying in the United States has risen in recent years. They account for more than 30% of all international students at the university level. And a growing one at the private high school/college preparatory learning institutions. The large numbers […]
Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]
Chinese Investment in US Real Estate Tops $300-B Chinese investment in the US real estate market has surpassed $300-B and is growing despite China’s economic weakness and increased currency controls, the authors of a new report said Monday. Between Y’s 2010 and 2015 Chinese buyers bought $93-B in residential real estate, nearly $208-B of mortgage-backed […]
Ferrari’s (NYSE:RACE) Vettel Marked The Best Practice Time At Shanghai Ferrari’s Sebastian Vettel topped a wet final Formula 1 practice session for the Chinese Grand Prix. After a clear day’s running Friday, the forecast wet weather arrived overnight to ensure the Shanghai circuit was very wet for Practice 3. It was almost 1/4 hour into […]