ASIA: Some Chinese banks have phased out the use of the “counter-cyclical” factor in the pricing mechanism of the yuan’s central parity rate against the greenback, according to the China Foreign Exchange Trade System (CFETS). Market-making banks have made the move on their own initiative based on their judgment of economic fundamentals and market situations, […]

ASIA: China appears to have comprehensively lost the international battle for hearts and minds over its handling of coronavirus with most people believing it was responsible for the start of the outbreak and was not transparent about the problem at the outset. The findings come from the YouGov-Cambridge Globalism Project, a survey of 26,000 people […]

COMMENT: “Thank God Trump has won multiple peace accords, see link below ” CCR REPLY: President Trump campaigned in 2016 on ending “ridiculous endless wars.” When I was invited to listen to Trump privately at his Palm Beach, Florida, property Mar-a-Lago, he said the same thing. We were in the middle east fighting over borders that […]

ASIA: China said Monday that it would impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. Speaking at a press conference Monday, the Chinese Ministry of Foreign Affairs spokesperson Zhao Lijian called on the United States to stop selling arms to the […]

Boston University has started the requirement of a digital badge indicating they’re up to date with COVID-19 testing and symptom screening. Unfortunately, we are going to see this expand to become a requirement to travel. This is all part of a plan to used COVID-19 to prevent civil uprisings as they roll out their plan […]

ASIA: China has vowed to retaliate if the US proceeds with the sale of advanced weaponry to Taiwan worth more than a billion dollars, Fox news reported. The statement from China’s defense ministry gave no specifics, but the development marks a further deterioration in ties between Beijing and Washington that have hit their lowest ebb […]

Well, this debate was much more professional. The moderator did a much better job and appeared to actually act like a journalist for once, not like the first debate. The question about Joe Biden’s corruption involving his son Hunter Biden’s overseas business deals came to the surface. Trump said: “Don’t give me this stuff about […]

ASIA: The United States government has labeled six more Chinese media companies operating in the US as foreign missions in the latest round of tit-for-tat between Beijing and Washington over restrictions on journalists. US Secretary of State Mike Pompeo announced the decision at a press briefing on Wednesday, saying that the six media companies were […]

  ASIA: China never intended to challenge or replace anyone, Chinese Foreign Ministry said on Wednesday, stressing what it cares most about is to improve the well-being of its own people. Zhao Lijian, spokesperson for Chinese Foreign Ministry, made the remarks when responding to a new initiative revealed by the US Defense Secretary Mark Esper […]

ASIA: China on Tuesday asked India to approach ties with Taiwan “prudently and properly,” and said it would “firmly oppose” any official exchanges between New Delhi and Taipei. The statement from China’s Foreign Ministry came in response to reports that India and Taiwan were considering going forward with talks on a trade deal. India and […]