China

Time to Play: Pentagon Turns to War-Games to ‘Beat Russia and China’

Sunday, May 15, 2016
By Paul Martin

SputnikNews.com 15.05.2016 Board games are not exactly the first thing that comes to mind when one considers the Pentagon’s priorities, yet the US Department of Defense is taking a closer look at war-gaming in a bid to counter Russia and China, Michael Peck wrote for the National Interest. “What games and war have in... »

Why South China Sea is One of the World’s ‘Most Explosive Hotspots’

Sunday, May 15, 2016
By Paul Martin

SputnikNews.com 15.05.2016 The Pentagon’s latest “freedom of navigation” operation (FONOP) in the South China Sea, which Beijing referred to as an act of provocation, shows that tensions in “one of the world’s most explosive hotspots” could escalate, analysts warned. “With both China and the US unlikely to change course, more close calls and increasing... »

US Army Shrinks To Smallest Since 1940 As Chinese Military Recruiting Accelerates

Sunday, May 15, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/14/2016 The Army’s latest headcount shows that nearly 2,600 soldiers departed active service in March without being replaced, an action that plunges manning to its lowest level since before World War II, according to ArmyTimes.com. This is occurring as The People’s Liberation Army (incidentally the world’s largest military force, with... »

Chinese Government Now Fretting about Auto Industry…”Commercial Vehicle Overcapacity at Catastrophic Levels.”

Saturday, May 14, 2016
By Paul Martin

by Wolf Richter WolfStreet.com May 13, 2016 Overcapacity weakened the US auto industry before the Financial Crisis, and destroyed it during the crisis, with two of the Big Three automakers, some of the biggest component makers, and numerous smaller component makers going bankrupt. It was during the bankruptcy process that the industry restructured, laid... »

China is ‘weaponizing’ its 3,200 acres of man-made islands in the South China Sea, says the Pentagon as tensions ratchet up in high stakes ocean dispute

Saturday, May 14, 2016
By Paul Martin

China’s focus has now shifted to weaponize the Spratly, Paracels islands Their hope is to enhance their long term presence in the South China Sea A Pentagon report has stated China will not gain any new territorial rights China has also increasingly tried to assert sovereignty over East China Sea DailyMail.com 13 May 2016... »

China Boosts Jet Drills, Ramping Up Combat Readiness

Friday, May 13, 2016
By Paul Martin

BreitBart.com 13 May 2016 This story originally appeared at the South China Morning Post: The crash of a fighter jet in eastern China on Wednesday will almost certainly be followed by similar accidents as the ­People’s Liberation Army ramps up training to improve combat readiness, military analysts said. Liang Yang, a spokesman for the... »

Satyajit Das Is “Astonished Investors Haven’t Raised Pitchforks At Policy-Makers”…”The problem is if they miscalculate, the problem is bigger and comes upon them in a way that is much quicker that you could potentially get a banking meltdown.”

Friday, May 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/13/2016 “They’re going to have to stop people from taking out cash… I would argue that it’s not going to be able to be dealt with, and it creates enormous social and political pressures… What we’re going to see is a period of financial repression, which is very, very dangerous…... »

China’s Credit Growth Grinds To A Screeching Halt: Why This Is Very Important

Friday, May 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/13/2016 The biggest concern for China, and the world, is that now that China’s credit impulse is gone, it means that the it is only a matter of time before the impetus behind Chinese, and global growth, evaporates as per the timeline persented in the following Goldman chart, which explained... »

Chinese Commodity Carnage Unwinds Entire Bubble – Steel Futures Crash Most Since 2009

Friday, May 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/13/2016 As Reuters reports, Chinese steel futures were on course for their biggest weekly fall since 2009 on Friday, as a selloff in the country’s commodities showed signs of spreading to other global markets for raw materials such as palm oil and base metals. Weakening fundamentals along with strong measures... »

China Hard Landing Spreads: Hong Kong GDP Tumbles At Fastest Pace Since Financial Crisis

Friday, May 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/13/2016 In the latest indication of contracting global growth, overnight Hong Kong reported that its Q1 GDP fell off a cliff 0.4% qoq, widly missing estimates of 0.1% growth as retail sales plummeted and the property market continued its collapse. On a y/y basis, the economy grew only 0.8% when... »

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