A quick scan of global news this week revealed almost universally glowing reports about China’s electric vehicle (EV) industry. A Wall Street Journal article calling it a “triumph of Beijing’s industrial policy” was just one of several articles touting China’s lead in the electrification of the auto industry. Despite the rosy headlines, however, experts say…
No Way Out of China’s Economic Predicament, Says Strategist
China’s producer prices fell at their fastest pace in over seven years in June, leading to fears among economists and investors that the world’s second-largest economy is on the verge of slipping into deflation. Chief Strategist at Macrolens, Brian McCarthy, joins Don Ma to discuss China’s economy. …
Chinese Banks’ Ratings Downgraded as Local Governments Struggle With Debt
Shares in Chinese banks plunged after Goldman Sachs downgraded some ratings due to high local government debt. According to a July 11 Bloomberg report, shares in China’s banking sector are on the cusp of historically low valuations. Bloomberg Intelligence’s index of Chinese bank stocks is down 14 percent from this year’s high in May, wiping…
Samsung Fights Back Against Beijing’s Tech Theft, Sues Chinese Firm BOE Over Patent Infringement
Amid escalating tension between South Korea and China, Samsung has drawn attention by pulling out of the Shanghai Mobile World Congress for the first time in six years and initiating its maiden patent lawsuit against Chinese company BOE. The moves come in the wake of repeated allegations of technology theft by China against Samsung’s technology. Samsung…
Performance and Reliability of China’s First Home-Grown Passenger Jet Is Yet to Be Determined: Experts
China’s first domestically produced passenger aircraft C919 was grounded temporarily on June 29 and 30, after it was in commercial operation for only one month. China Eastern Airlines (CEA) owns the C919 passenger jet, which is currently the only aircraft of its kind in commercial operation in China. The CEA replaced the flights with an…
China’s Premier Holds Meeting With Experts to Save Economy; Analysts Say Root Cause Systemic With Communism
While Chinese communist regime’s Premier Li Qiang held a meeting with mainland Chinese economists on July 6 to collect suggestions on how to save the mainland Chinese economy, analysts say the root cause of China’s economic downturn lies in its political system, which is dictated by the ruling communist party (CCP) which is currently led…
Jonathan Ward: The Blueprint for American Victory Over the Chinese Communist Party
“They depend more on us than we depend on them … Fundamentally, the rise of China does not really continue from an economic perspective without access to Western markets, Western capital, and Western technology,” says Jonathan Ward. He is a China scholar, founder of the Atlas Organization, and author of “The Decisive Decade: American Grand…
As Delta Bans TikTok, Experts Warn About Beijing’s Data Grab
Delta Airlines has banned TikTok. Delta employees had until Friday afternoon to remove the app from phones, computers, and other smart devices that connect to company systems. The airline is just the latest entity to restrict TikTok’s use in the United States. Concerns about the Chinese app’s use of American data are finally starting to…
[PREMIERING 7:30PM ET] Jonathan Ward: The Blueprint for American Victory Over the Chinese Communist Party
“They depend more on us than we depend on them … Fundamentally, the rise of China does not really continue from an economic perspective without access to Western markets, Western capital, and Western technology,” says Jonathan Ward. He is a China scholar, founder of the Atlas Organization, and author of “The Decisive Decade: American Grand…
China’s Economy Is in Big Trouble and Investors Should Get Out: Miles Yu
American companies should reconsider their investment in China, as the country’s economy is in serious trouble with a struggling non-state sector, said Mile Yu, a senior fellow and director of the China Center at Hudson Institute. “China has been playing hard to get for the last several months and they would not talk. Now they…
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