China

The Trade War Could Soon Hit Your Wallet HARD

Thursday, July 12, 2018
By Paul Martin

Mac Slavo July 12th, 2018 SHTFplan.com As the trade war between the United States and China continues to ramp up, it gets closer to affecting consumers. If it continues, the trade war could have a very negative impact on disposable income – which is horrible news if you’re already living paycheck to paycheck. American... »

Everyone Is Hoarding Gold…”any currency, whether dollars, rubles, or yuan, has become too vulnerable.”

Thursday, July 12, 2018
By Paul Martin

by Tom Lewis via GoldTelegraph.com, ZeroHedge.com Thu, 07/12/2018 The tiny nation of Kyrgyzstan has big plans. Caught between its giant trading partners, China and Russia,Kyrgyzstan is stockpiling gold. It wants to increase gold from 16 percent to 50 percent as part of its international reserve. Tolkunbek Abdygulov of the Kyrgyz Central Bank has stated... »

Rickards: Currency Wars Turn Into Trade Wars Which Turn Into Shooting Wars (Possibly WWIII)

Wednesday, July 11, 2018
By Paul Martin

SilverDoctors.com July 11, 2018 Jim says that the trade ware is about to get ugly for the whole world, and it will get that way fast. Here’s why… by Jim Rickards via Daily Reckoning My thesis is that currency wars are followed by trade wars and then finally shooting wars among major powers. This... »

US-China Trade Negotiations Have Collapsed

Wednesday, July 11, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Wed, 07/11/2018 High-level trade negotiations between Beijing and Washington have “ground to a halt” following Trump’s dramatic escalation proposing an additional $200 billion in tariffs on Chinese goods, Bloomberg reports. After three rounds of formal negotiations led by Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin, communications between senior... »

US-China trade war a warm-up for global financial crisis, warns investor Mark Mobius

Wednesday, July 11, 2018
By Paul Martin

RT.com 11 Jul, 2018 Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. “There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money. “There’s going to... »

An Absolutely Epic Escalation Of The Trade War Has Us On The Precipice Of A Cataclysmic Global Economic Crisis

Wednesday, July 11, 2018
By Paul Martin

Michael Snyder TheEconomicCollapseBlog.com July 11, 2018 If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning. For the past several decades, China and other low cost exporters have been flooding our shores with hundreds of billions... »

Chinese government start-up expands its plans to use powerful facial recognition technology to spy on ‘anyone, anywhere’ without them ever knowing

Tuesday, July 10, 2018
By Paul Martin

Megvii’s eerie Face++ AI accurately identifies people by their facial features It has been used by Chinese police to track down fugitives in large crowds The Beijing company announced it has secured a distributor in Thailand It has secured a deal with tech firm Vivo to make 3D models of people’s heads By HARRY... »

China urges domestic firms to boost non-American imports as trade war with US escalates

Monday, July 9, 2018
By Paul Martin

RT.com 9 Jul, 2018 Beijing has called on Chinese firms to substitute American imports with those from other countries in response to US trade tariffs. According to the Ministry of Commerce, China considered the substitution of imports and the overall impact on trade and investment while making up a list of US goods hit... »

Trump Says China May Be “Exerting Negative Pressure” On North Korea Deal

Monday, July 9, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Mon, 07/09/2018 Over the weekend, when discussing the latest provocative comments by North Korea’s state media following Mike Pompeo’s fruitless visit to Tokyo to push for further denuclearization by Pyongyang, and which Kim envoys slammed saying the country’s “resolve for denuclearization” may falter, we said that “Trump’s denuclearization plan will... »

Beijing Orders State Media “Not To Use Aggressive Language” For Trump

Monday, July 9, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Mon, 07/09/2018 With a China-US trade war now under way, China’s natural impulse was to lash out against Trump, not only in the state-controlled media, but also in statements by top ranking officials, such as an angry diatribe by the Sinochem chairman, who quoted Michelle Obama, saying “when they go... »

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