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The Endgame Has Just Begun – Trump Calls Xi Enemy, Raises Tariff Rates & Orders U.S. Companies To Quit China

Investors are looking for an endgame to the trade war between the world’s two biggest economies – China and United States. But there has been no endgame since the dispute started since March 2018. Instead, it appears the endgame has just begun. And a global recession – even depression – looks inevitable. On Friday, Dow […]

... written on Aug 25 2019

Registered Agent: Does Your Business Need One?

When starting or registering a business entity, you usually have a checklist of steps and requirements that you need to cross off to establish a solid legal foundation for your business. Finding a registered agent might be one of the items on your list, but what exactly is a registered agent?   A registered or […]

... written on Aug 24 2019

Oops!! President Trump Accidentally Admits That Americans Pay For His Tariffs On China

Whenever Donald Trump talks to his supporters, he would claim credit in his trade war with China. He repeatedly declared that his import tariffs on Chinese goods would force China to pay “US$100 billion” to the U.S. Treasury. The Chinese, not the Americans, was footing the bill for the tariffs he introduced to punish China, […]

... written on Aug 21 2019

Here’s Why New Tariffs Will Hit Consumer Goods In The U.S. – Even After Trump Stunningly Postponed It

President Trump may have scaled back tariffs on Chinese goods this week to spare holiday shoppers, but consumers are still likely to feel a pinch. He announced a new round of 10% tariff on US$300 billion worth of Chinese imports, the remaining goods yet to be taxed, and even promised to raise the tax from 10% to […]

... written on Aug 18 2019

It’s Not Over Yet – Promised To Take The Necessary Countermeasure, China Could Target The U.S. Oil

Stocks dropped like a rock on Wednesday (August 14) when the DJIA (Dow Jones Industrial Average) plunged 800.49 points – worst percentage drop of the year. What happened? Apparently the bond market flashed warning of recession. The yield of 10-year Treasury note broke below the 2-year rate – a rare but reliable indicator of economic […]

... written on Aug 16 2019

Congrats Mahathir – Zakir Gets More Radical, Tells 7 Million Ethnic Chinese To Go Back To China

Since the early dynasties of China, there has been connection between China and various early kingdoms in the Malay Archipelago. The first recorded movement of people from China into the present-territory of Malaysia was during the arrival of Mongol expeditionary forces under Kublai Khan to Borneo in 1292. Unofficially, the arrival of Chinese in the region could be […]

... written on Aug 15 2019

Singapore Cuts Economic Growth To Almost 0% – Here’s Why Everyone Should Be Worried

Singapore has a piece of very bad news for not only its own people, but also the region, if not the world. The small island’s economy almost came to a standstill in the second quarter, thanks largely to the US-China trade war, which has gotten worse after China retaliated against Trump’s 10% new tariff on […]

... written on Aug 13 2019

China Gets Aggressive!! – Sets Yuan On Fire Of 7.0039 And Is Prepared For An Economic Slowdown To Beat Trump

Every night at 9 p.m. ET, the People’s Bank of China (PBOC) fixes a level at which the Yuan (Renminbi) will trade against the U.S. dollar within China. On Wednesday, the central bank sets the Yuan midpoint at 6.9996 per dollar. But by Thursday, it crossed the red line and breached the 7 level – […]

... written on Aug 08 2019

China Strikes Back!! – Trade War Becomes Currency War After Suspends U.S. Agricultural Goods & Devalues Currency

In retaliation for Donald Trump’s announcement last week of new 10% tariff against an additional US$300 billion of Chinese goods, effective September 1, Beijing has finally fired its biggest shot since the trade war started in March 2018. It devalues its currency Yuan (Renminbi) and officially suspends purchases of American agricultural products.   As a […]

... written on Aug 06 2019

Trade War Is Tough To Win – How A Desperate Trump Vetoed Advisers’ Objections Of New Tariffs On China

In March 2018, about 17 months ago, President Donald Trump confidently – even arrogantly – said that trade wars are good, and easy to win. His first shot at Mexico, imposing a 25% tariff on steel and a 10% tariff on aluminium, helped spark a 420-point drop in the Dow Jones Industrial Average (DJIA) and […]

... written on Aug 05 2019









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