Sounds like a strategy to me. Been to China multiple times. Interesting place to go. We would fly in Beijing. The plant manager’s vehicle along with two drivers would pick us up and take us to the plant in Tianjin. We would spend a few days there listening to the issues, taking notes, and discuss […]
Jonathan Last has a fairly detailed piece (with links to more details) concerning something called mBridge, which looks to be China’s ‘camel’s nose under the tent’ for dethroning the dollar as the world’s reserve currency. Read the whole thing. Here are some highlights: Currently, most of the world uses the Society for Worldwide Interbank Financial […]
The goal for China was always to be a global leader. Nothing has changed. My trips to various Chinese facilities building automotive components for US automotive countries, I could see how their technology was evolving. The United States did help them real such heights by sourcing production to their overseas plants. China could copy the […]
In his continuous effort to control the media cycle and distract from the Epstein files, Trump has been threatening China on and off with huge tariffs. But as usual, it looks like it’s bluster. Why? “America has made an unusually directional economic bet that is at this moment totally dependent on Chinese rare earth exports. […]
Bried Commentary: Mainland China warns the Philippines against any interference with their routine patrols. China’s State Council revealed it intends of establishing a nature reserve spanning 3,500 hectares (8,650 acres). The site is the disputed islet of Scarborough Shoal, a contested territory claimed by both China and the Philippines in the South China Sea. More than […]
Trump slapped a 50% tariff on Brazilian coffee. Guess that will show them! “China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media post of the Chinese embassy in Brazil on Saturday. “The measure, a boon to local exporters after the United States government’s announcement […]
Port Optimizer – Control Tower Wabtec Corporation Shipping on the way to Los Angeles – Long Beach Docks. Container ships As you can see, there is a scheduled decrease. This could change dramatically in the next report. Port Optimizer – Control Tower Wabtec
Tariffs . . . are a marvelous distraction while Trump hides what he really wants to do. Everybody is looking in the wrong direction, mesmerized by the shiny coin as Trump calls off tariffs for now. Trump does not care about America. He cares about himself and stuffing away $billions. Time to buy on the […]
Trump says “tariff” is a beautiful word. Maybe for him, but not for American companies and consumers. “Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. “Trump has slapped […]
In addition to driving down the stock market and driving up inflation, Trump tariffs will drive historical trading partners to shop with China and others outside the US. “While ASEAN and the GCC are unlikely to embrace Beijing to the extent that the Chinese government would like, they will be more receptive to Chinese overtures […]