China

US Navy developing fleet of drone ‘mother submarines’ that can release smaller robots to lay mines or launch missiles to counter China threat

Monday, April 18, 2016
By Paul Martin

US defence secretary Ashton Carter hinted at using them in disputed sea Their initial function would be surveillance but they could have other uses Drone subs can operate in shallow water where manned submarines can’t Would help Pentagon keep step ahead of military rivals China and Russia By KATE SAMUELSON DailyMail.com 18 April 2016... »

Growing Militarization of the South China Sea, US-China Confrontation

Monday, April 18, 2016
By Paul Martin

Two Case Studies By Brian Kalman Global Research April 18, 2016 The South China Sea Dispute or Crisis as it has come to be known, is a rather complicated dispute involving many different parties, both directly and indirectly, and that concerns a number of key issues. These concerns include national sovereignty, control of oil... »

China Ocean Freight Index Collapses to Record Low

Monday, April 18, 2016
By Paul Martin

by Wolf Richter WolfStreet.com April 17, 2016 Relentless deterioration meets stunning overcapacity. The amount it costs to ship containers from China to ports around the world, a function of the quantity of goods to be shipped and the supply of vessels to ship them, just dropped to a new historic low. The China Containerized... »

Gold to INFINITY In Dollars When Putin Stuns the Markets?

Sunday, April 17, 2016
By Paul Martin

SilverDoctors.com April 16, 2016 A blockbuster event will be dropped from Mr. Putin and China. How much gold does the U.S. really have left …and how many times has it we been re-hypothecated? In the case of no gold, the math goes to…….. INFINITY! Submitted by Bill Holter: Last week’s message to you regarding... »

Hungary Issues Sovereign Bonds Denominated In Yuan: Another Nail In US Reserve Currency Status?

Sunday, April 17, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 04/17/2016 Hungary priced the three-year bond at a yield of 6.25%, raising 1 billion yuan ($154 million), a small size for a sovereign deal. Bankers not involved in the transaction estimate that if Hungary issued debt in U.S. dollars and swapped the proceeds into yuan, it would have paid almost... »

US Sends Warplanes, Troops, and Ashton Carter to South China Sea

Friday, April 15, 2016
By Paul Martin

SputnikNews.com 15.04.2016 Regional military war games see heavy uptick of weaponry in the region, and, in a new move, much of it will stay after the drills are done. On Friday, Secretary of Defense Ashton Carter announced that the US military is dispatching warplanes and troops to the South China Sea as tensions with... »

“Last Bubble Standing” Bursts – China Junk Bond Risk Soars

Friday, April 15, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 04/15/2016 In January we pointed out “the last bubble standing,” as China’s crashing equity market had spurred massive inflows – directed by a “well-meaning” central-planning committee’s propaganda – sparking a massive bubble in Chinese corporate bond markets (in an effort to enable desperately weak balance-sheet firms to roll/refi their debt... »

Prepare For the Largest Wealth Evaporation in Modern History (Video)

Friday, April 15, 2016
By Paul Martin

BY VOICE OF REASON THELASTGREATSTAND.COM FRIDAY, APRIL 15TH, 2016 Want to know Why the Super Rich Leaving Major Cities, Even Renouncing Citizenship? If you’ve been listening to economists like Dr. Jim Willie, Peter Schiff, Michael Snyder, and Harry Dent for a while, then you know all four of them have a fantastic track record... »

CHINA SAYS “NO DOLLARS” FOR NEW YUAN

Wednesday, April 13, 2016
By Paul Martin

Superstation95.com Apr 13, 2016 n a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced next Tuesday, April 19. When the International Monetary Fund (IMF) agreed to add the Yuan to the basket... »

Is China’s Economy in even Deeper Trouble than We Think?

Wednesday, April 13, 2016
By Paul Martin

by Wolf Richter WolfStreet.com April 12, 2016 Rail freight volume plunges to 2007 levels. Rail freight volumes are an indicator of China’s goods-producing and goods-consuming economy, not just manufacturing, construction, agriculture, and the like, but also consumer goods. Thus they’re also an indication of consumer spending on goods. Alas, rail freight volume is collapsing:... »

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