ASIA: President Trump’s trade war with Beijing reduced the US’ trade deficit with China last year, although Chinese manufacturers still export far more to the US than vice versa. China’s widening surplus provided ready ammunition to the Trump administration as it placed round after round of tariffs on the country’s goods to get Beijing to […]

  ASIA: All eyes will be on the signing of the US and China trade deal that is due to occur on Wednesday when Vice Premier Liu will be heading with his entourage to Washington. It seems previous tensions are easing ahead of the talks. The US today removed China off the currency manipulator list […]

ASIA: Apple saw a huge boost in iPhone sales in China last month, but embattled tech giant Huawei won’t giving up the top spot anytime soon. Sales for the iPhone jumped 18% in December compared to the same month a year earlier, according to data from the China Academy of Information and Communication Technology. The […]

QUESTION: Mr. Armstrong; I was told that you were indeed the largest forecaster in foreign exchange. The story in London is you advised nearly all the Middle East and were the most important adviser on currency to BCCI, the bank the governments took down back in 1991 along with Salomon Brothers. They made a movie […]

ASIA: The United States and China continued trade talks in Beijing for an unscheduled third day, US officials said. There are signs of progress on issues including purchases of US farm and energy commodities and increased access to China’s markets. People familiar with the talks said the world’s two largest economies were further apart on […]

QUESTION: Marty, you said that central banks can only control short-term rates not long-term. Do you see a scenario where they could control the long-term rates? Thank you for your insight DH ANSWER: If you ASSUME that there is a free market, then the answer is no possible way. Under a hybrid market, a central […]

ASIA: China has announced they will ban all foreign materials from the classroom in order to keep students focused on the “Chinese” way. The Ministry of Education said that they will insist that education materials promote Marxism and reflect the Chinese style. “All primary and secondary school teaching materials must reflect the will of the […]

ASIA: Tesla’s CEO Elon Musk announced they will start exporting cars from China and will build unique cars from the Chinese gigafactory.”Something that would be super cool … So we’re going to do it … is to try to create a China design and engineering center to actually design an original car in China for […]

QUESTION: Dear Martin, You have discussed the structural design flaw in the euro being due to the lack of consolidation of EU countries’ debt, as well as, EU policies that prohibit bank bailouts. Why could EU policies regarding the prohibition of bank bailouts just not be changed to allow for bailouts? If I understand correctly, […]

ASIA: China has replaced their liaison officer with Hong Kong over the manner in which the protests were handled. The new liaison officer was quick to offer a way back to China by urging Hong Kong they must return to the “right path.” Luo Huining was confident he was able to stabilize the country and […]