ASIA:   China’s interbank market self-regulatory body said on Tuesday it would expand bond financing for private firms, including property developers, with the support of the central bank. The National Association of Institutional Financial Market Investors (NAFMII) said on Tuesday that the scheme is expected to support about 250 billion yuan ($34.47 billion) in bond […]

ASIA:   Chinese President Xi Jinping told US President Joe Biden during their first face-to-face meeting since 2017 that the Taiwan issue is “the very core of China’s core interests” and the “first red line” in bilateral ties that must not be crossed. Beijing considers Taiwan an inalienable part of China. The self-governing island’s democratically […]

ASIA: Officials in Chinese cities and provinces across the country are pulling no punches in stamping out sporadic COVID-19 outbreaks as winter nears, quickly closing venues and enforcing longer temporary lockdowns on millions of people. Cases in mainland China hit 2,898 on Sunday, topping 2,000 for a second straight day and pressuring the country’s controversial […]

ASIA:   China has decided the status quo of Taiwan’s situation is no longer acceptable and has begun to ratchet up pressure on the self-governing island, including holding out the possibility of using force, U.S. Secretary of State Antony Blinken said on Wednesday. Speaking at an event organized by Bloomberg, Blinken said China had altered […]

ASIA:   China’s central bank extended its bilateral currency swaps with European Central Bank, worth 350 billion yuan or 45 billion euros, according to a statement published on the Chinese central bank’s website on Monday. The swaps extension will help deepen bilateral cooperation and safeguard financial market stabilization, the Chinese central bank said. The International […]

ASIA:   The Agricultural Bank of China will provide more than 300 billion yuan ($43.3 billion) in loans to support the country’s autumn harvest and planting, China Central Television (CCTV) reported on Monday. According to a CCTV report, the loan will focus on areas including grain production, storage of agricultural products, cold chain logistics and […]

It is amazing to me that we seem to have complete idiots driving these events and they think that they can just intimidate whoever. All my sources state clearly that China and North Korea will join Russia against this climate change and authoritarian vision of a one-world government. Biden is incompetent and he just said […]

COMMENT From Europe: There is another side to the pipeline explosions also. There is growing dissatisfaction among average Europeans over electricity prices and gas prices. Normal people that don’t have any connections with either Russia or Ukraine and do not care if Donbas and Crimea belong to Russia or any other nation. Europeans just want […]

ASIA:  To stabilize China’s foreign exchange market and support the value of the yuan, the country’s central bank, the People’s Bank of China (PBC), announced that it will raise the foreign exchange (FX) risk ratio for foreign exchange forward trading from 0 to 20 percent, effective Wednesday. It will increase the cost of foreign exchange […]

  After many discussions from both sides of the Ukrainian conflict, I believe that my observation of a generational shift is important. The cycle is always driven by a cyclical nature that, in part, is driven by changes in attitudes between generations. The anti-war protests in Russia rose from the youth over the Ukrainian war. […]