Tag Archives: China

China’s Bad Debt Nuclear Option is ‘GO For Launch’

In what may be the biggest news of the day, and certainly with far greater implications than whatever Mario Draghi will announce in a few hours when we will again witness the ECB doing not “whatever it takes” but “whatever … Continue reading

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De-Dollarization Continues: China-Argentina Agree Currency Swap, Will Trade In Yuan

It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to ‘de-dollarize’; and the latest to join this trend is serial-defaulter Argentina. As Reuters reports, … Continue reading

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Chinese troops enter 25 km deep into Indian territory in Ladakh

Chinese troops are reported to have entered 25 to 30 km deep into Indian territory in Burtse area in Ladakh where they had pitched their tents last year that had led to a tense three-week standoff. Official sources said on Monday … Continue reading

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Chinese Missile Forces Pose Threat to U.S. in Future Conflic

by Bill Gertz China’s advanced cruise and ballistic missiles pose a significant threat in future conflict with the United States, the chief of naval operations (CNO) warned last week. Adm. Jonathan Greenert, the CNO, also said during a security conference … Continue reading

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Putin Says Russia, China Need To Ensure Security Of Their Gold Reserves

One week ago we reported that while Russia was dumping a record amount of Treasurys it was buying gold, or some 900,000 ounces to be precise. Today we learn that as Russia continues to purchase gold, and is likely taking advantage of the … Continue reading

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Vietnam, China trade accusations after Vietnamese fishing boat sinks

Vietnam and China traded accusations on Tuesday over the sinking of a Vietnamese fishing boat not far from where China has placed an oil rig in the disputed South China Sea, as tensions fester between the two countries over the giant drilling platform. Hanoi … Continue reading

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China Responds To “Ridiculous” Hacking Charges, Warns “Will Harm Relations With US”, Demands US “Rectify Mistake”

While we wait (in vain) for the US to lob sanctions at China for doing what Russia has done and amass a military presence on its border with Vietnam, here is what China had to say about the earlier announcement … Continue reading

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“Conflict Between China And Vietnam Is Imminent” – China Piles Troops, Tanks, Artillery And APCs Near Vietnam Border

Earlier today, Putin did his usual “we are pulling our forces away from the Ukraine border” gambit (sure he is… and is replacing them with a massive airforce drill), and as usual the algos fell for it, after European stocks suddenly … Continue reading

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The Communist Chinese Takeover of All US Energy

The Giveaway of American Energy to the Chinese The Bundy affair affirmed the fact that Chinese are being handed control of solar energy inside the United States and that this is being facilitated by Senator Harry Reid. The takeover of … Continue reading

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Celebrating China’s First Bond Default: Copper Limit Down, Yuan Crashes Most In Six Years

It would appear the fecal matter is starting to come into contact with the rotating object in China. Worrying headlines are beginning to mount on the back of real economic events (an actual default and a collapse in exports): *COPPER IN … Continue reading

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Russia And China Stand In Agreement On Ukraine – And That Is Very Bad News For The United States

So much for “isolating” Russia.  The Chinese government is publicly siding with Russia on the crisis in Ukraine, and that is very bad news for the United States.  Not only does it mean that the U.S. is essentially powerless to do anything … Continue reading

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China Currency Plunges Most In Over 5 Years, Biggest Weekly Loss Ever: Yuan Carry Traders Crushed

And just like that the Chinese yuan devaluation has shifted away from the merely “orderly.” In the past few hours of trading, China, which as we reported two days ago has started intervening aggressively in the Yuan market (for the … Continue reading

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Chinese Trust Firm Places Shadow Banking Back In Spotlight

Disaster has apparently been averted in what some referred as a potential precedent setting delinquency in China. China Credit Trust Ltd. loaned funds from the trust, known as “2010 China Credit/Credit Equals Gold #1 Collective Trust Product,” to a coal … Continue reading

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Bill Gertz discusses China-Japan conflict

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Experts: China Boosts Space Warfare Capabilities

China is developing anti-satellite missiles and other exotic weapons that can destroy or disrupt vital U.S. military and commercial communications, space warfare experts told Congress on Tuesday. “The current and evolving counterpace threat posed by China to U.S. military operations … Continue reading

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