China

US Officially Loses Battle Over China-Led Investment Bank

Sunday, March 22, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 03/22/2015 Washington picked a completely unnecessary fight with China over the ostensibly non-contentious topic of infrastructure development because the US can’t stand the fact that traditionally US-dominated multinational institutions are on the verge of being supplanted by sinocentric ambition — and lost. The Rest…HERE Share on Facebook »

Just as Global Oil Glut Deepens, China Cuts Oil Imports

Friday, March 20, 2015
By Paul Martin

by Wolf Richter WolfStreet.com March 20, 2015 “We don’t want to lose our share in the market,” Kuwait Oil Minister Ali al-Omair said on Thursday. OPEC had to maintain production despite the plunge in price since last summer, he said, underscoring Saudi Arabia’s position. OPEC would not cut production to goose prices. It would... »

The new order emerges

Friday, March 20, 2015
By Paul Martin

By Alasdair Macleod GoldSeek.com Friday, 20 March 2015 China and Russia have taken the lead in establishing the Asian Infrastructure Investment Bank (AIIB), seen as a rival organisation to the World Bank and the Asian Development Bank, which are dominated by the United States with Europe and Japan. These banks do business at the... »

Europe Not Afraid to Defy US in Asian Adventure…(Bye Bye PetroDollar!!)

Thursday, March 19, 2015
By Paul Martin

SputnikNews.com 19.03.2015 As a trio of European countries have followed the UK’s lead and decided to join the Asian Infrastructure Investment Bank (AIIB), a move seen as defiant by the US, former Italian MEP explained that the countries don’t want to miss the opportunity to pursue profitable and secured investments in the most dynamically... »

One Ounce of Gold Could Save Your Life…”the big day of reckoning is coming.”

Wednesday, March 18, 2015
By Paul Martin

GramsGold.com 3/17/2015 A number of studies have come out and shown that the central banks around the world are in complete control of the price of gold. It’s not a free market, whatsoever. It’s set at a price that the central banks want it to be. Gold used to actually track the debt. As... »

Crash Landing: China Home Prices Plunge At Fastest Pace On Record, Surpass Post-Lehman Collapse

Wednesday, March 18, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 03/18/2015 Less than three weeks ago, when the PBOC proceeded with its latest “surprise” rate cut, we showed a chart that should scare everyone who is hoping that China will avoid a hard-landing would prefer would never have been revealed: the annual collapse in Chinese home prices is now so... »

Moscow Launches Ruble-Renminbi Futures To “Facilitate Trade Between China And Russia”

Tuesday, March 17, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 03/17/2015 While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its... »

China orders over 600,000 tonnes Ukrainian corn, snubs U.S. supplies

Tuesday, March 17, 2015
By Paul Martin

By Niu Shuping and David Stanway Yahoo.com Tue, Mar 17, 2015 BEIJING (Reuters) – China, the world’s second largest corn consumer, has booked over 600,000 tonnes of corn from Ukraine this year and more deals are expected as Beijing’s stockpiling dries up supplies and boosts domestic prices. China’s move to import Black Sea shipments... »

America’s European “Allies” Desert Obama, Join China-led Infrastructure Bank

Tuesday, March 17, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 03/17/2015 It appears the sea of de-dollarization has reached the shores of Europe. With Australia and UK having already moved in the direction of joining the China-led AIIB, The FT reports that France, Germany, and Italy have now all agreed to join the development bank as ‘pivot to Asia’ appears... »

China cuts back on US debt for 5th month in a row

Tuesday, March 17, 2015
By Paul Martin

RT.com March 17, 2015 China, the largest holder of US debt, has continued to cut back on US Treasuries for the fifth consecutive month, shaving $5.2 billion from its holdings between December and January. Japan is edging closer in overtaking the number one spot. The US Treasury reported Monday that China reduced its holding... »

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