War
China Tests Anti-Ship Ballistic Missiles In South China Sea – Here’s Why The U.S. Is Extremely Upset
Back in 2015, President Xi Jinping said that China has no intention of militarizing man-made structures in the South China Sea near the Spratly Islands. He assured then-president Barack Obama that the reclaimed islands were not for military purpose. However, the Chinese continue enhancing and equipping man-made islands like Mischief Reef, Subi Reef and Firey […]
... written on Jul 04 2019Does Donald Trump want to kill Huawei or not? After all, it was him who whined, moaned and bitched back in May that the Chinese company was a threat to the U.S. national security. As a result, the Chinese telecom giant was put on a trade blacklist – banning U.S. businesses from selling parts and […]
... written on Jul 02 2019If the United States’ economy is in bad shape due to its trade war with China, how come its stock market has been so bullish lately? The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average (DJIA) is enjoying its best June […]
... written on Jun 27 2019US President Donald Trump signed an executive order on Monday that slaps Iran with new economic sanctions. Among those targeted is Iranian Supreme Leader Ayatollah Ali Khamenei. The latest move came on top of actions already taken by the administration in April to cut off all revenues from Iranian oil exports, the lifeblood of the nation’s economy. […]
... written on Jun 25 2019Donald Trump still talks as if his latest tariff hike – from 10% to 25% on US$200 billion worth of Chinese goods – is like money dropping from the sky. The U.S. president continues hoodwinking his supporters that the Americans are winning because as a result of the trade tariffs, China pays US$100 billion to […]
... written on Jun 21 2019China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) – despite ongoing trade war with the U.S. That’s a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of forecast that both exports and imports would […]
... written on Jun 11 2019The next time you exit from your condominium, take a look at the CCTV surveillance camera installed. Chances are the brand is “Hikvision”, the world’s largest supplier of video surveillance products based in Hangzhou, China. Founded in 2001, the company has its presence in a staggering 155 countries worldwide. Hikvision’s net profits in 2018 […]
... written on May 28 2019In what appears to be a hit below the belt and a coordinate attacks against China in the second phase of a trade war between the Middle Kingdom and the U.S., Trump has banned Huawei. The U.S. president’s executive order effectively prohibits U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]
... written on May 21 2019One day, they said Mahathir Mohamad was using Lim Kit Siang. The next day, they said Mr. Lim was playing Mr. Mahathir. Now, they said Mahathir will not allow Anwar to take over. The opposition Barisan Nasional’s propaganda war machines have been so poorly-scripted and sloppily-executed that it’s an insult to the people’s intelligence. […]
... written on May 17 2019Stocks dropped like a rock on Monday after China made good on its promise to retaliate – raising taxes on U.S. goods, largely agricultural products. The tariff increase to 25% from 10% on US$60 billion worth of U.S. goods, although smaller in value as compared to Trump’s US$200 billion, was enough to cause damage to […]
... written on May 14 2019
