Commodities
It’s been close to 12 months since China suspended imports of beef from Australia, and it’s hard to see how the ban would be relaxed anytime soon. In fact, the damage to Aussie red meat, valued at about A$3 billion, could be permanent. The exports of Australian beef to the Chinese market was the most […]
... written on Apr 19 2021Many people in today’s business industries designate their 401k benefit as a retirement. But these plans face exceptional risk with exposure to things like inflation threatening account holder’s funds. Without a diverse mix in the portfolio, there’s little protection for what you’ve worked so hard to accumulate. As people develop an understanding, whether through […]
... written on Apr 05 2021On Friday (March 26), China’s Ministry of Commerce announced that import duties between 116.2% and 218.4% will be imposed on Australian wines effective Sunday (March 28). The massive tariffs arrived after the ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie wine. Worse, the anti-dumping punishment will last for […]
... written on Mar 26 2021If you boycott Xinjiang cotton, we’ll boycott you – said an internet user. That angry Chinese consumer is just one of 1.4 billion consumers in China who has started a nationwide boycott of Swedish fashion giant H&M. However, the attack against the world’s second-largest clothing retailer was first started when the Chinese Communist Party’s Youth […]
... written on Mar 25 2021The best way to provoke China is to play the Taiwan card. It works every time. And the trigger is always the United States. In January, the U.S. warned China – “We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan. We will continue to assist Taiwan in maintaining a sufficient self-defence […]
... written on Mar 05 2021Trying to reverse Donald Trump’s toxic “America’s first” agenda, President Joe Biden has started rallying the Group of Seven – G7 – allies back to the American flag. In his first address before the world since his inauguration as the 46th President of the United States, Biden declared in a virtual address to the Munich […]
... written on Feb 22 2021Donald Trump had fought fiercely trying to bring China to its knee. But after close to 3 years since the U.S. president started the trade war in March 2018, the dragon is still standing tall – alive and kicking with a smile. Trump’s famous tweet – “trade wars are good, and easy to win” – […]
... written on Jan 15 2021Last month, China stunningly disqualified four pro-democracy Hong Kong lawmakers from its legislature for not being patriotic enough. Apparently, Beijing passed a resolution allowing the city’s government to bypass the courts and dismiss any politicians deemed a threat to national security. In response, all of the Hong Kong’s opposition lawmakers announced their resignation. Effectively, for […]
... written on Dec 22 2020Aarustralia’s A$14 billion coal industry is expected to be affected with an export ban to China and a terribly upset Prime Minister Scott Morrison said the decision by Beijing would be a “lose-lose” for the environment and trading relationship. Morrison argued – “It really is a lose-lose because coal from other countries, compared to Australian […]
... written on Dec 15 2020Why don’t poor countries just print more money? Likewise, why can’t the central bank print money and give the free cash to the people who have become jobless or under-employed due to Covid-19 pandemic? Those are excellent questions – if came from a curious kid. But coming from a deputy minister, it could only mean […]
... written on Nov 21 2020
