ASIA: China said that their exports rose 3.5% in April, crushing expectations of a group of economists who predicted a decline of 1-5.7% for the same period. According to data from the General Administration of Customs released on Thursday, exports rose 3.5% from a year ago while imports fell 14.2% in the same period. China’s […]

ASIA: China is aiming to complete work on its space station within about two years, officials said after the launch of a new spacecraft on Tuesday. China eventually plans to send four crewed space missions and cargo craft to complete work on its permanent space station. China challenged US Secretary of State Mike Pompeo to […]

ASIA: Early this morning, China launched a pivotal new rocket, carrying a prototype deep-space spacecraft. China declared the launch a success, and it now paves the way for a slew of critical launches over the next year. China reported one new coronavirus case for May 4, down from three the day before, data from the […]

ASIA: A nationalist news agency controlled by the Chinese Communist Party has dismissed claims by the Trump administration that the novel coronavirus originated from a laboratory, as the war of words over the pandemic escalates between Washington and Beijing. US Secretary of State Mike Pompeo said on Sunday in an interview with ABC that there […]

QUESTION: Dear Mr. Armstrong: I apologize that I called you a fraud. Sometimes being a virgo is very hard. I became information overloaded and my tongue is very sharp. I am still reading your blog and I am amazed that you post the Corbett Report, which I follow religiously like yours.  I do not like that […]

ASIA: The WHO has urged China to take part in its investigations into the animal origins of the novel coronavirus. Scientists believe the killer virus jumped from animals to humans, emerging in China late last year, possibly from a market in Wuhan that was selling exotic animals for meat. President Donald Trump’s threats to reignite […]

China actually reported to the World Health Organization on New Year’s Eve that it was facing a novel coronavirus. It was on January 3rd when U.S. health officials offered assistance to China. They renewed the offer two days later, according to the president’s team. Nancy Pelosi, while touring Chinatown in San Francisco on Feb. 24, […]

  ASIA: China’s official index of manufacturing purchasing managers slipped to 50.8 in April from 52.0 in March, the National Bureau of Statistics said. Pandemic triggered recessions around the world have made Chinese manufacturers pessimistic about export demand. Cui Tiankai, China’s ambassador to the United States, has said the two countries need to look beyond […]

ASIA: India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis, rating agency Fitch said on Tuesday. Fitch currently rates India at BBB-, with a stable outlook, but any downgrade would consign its sovereign debt to junk bond territory. The […]

QUESTION: Marty; You were the only one to forecast this would be a commodity cycle driven by shortages. How can your computer forecast such things like this shortage years in advance? They are warning we will face serious meat shortages when Bill Gates was investing in meat substitutes. This is falling within his whole scheme […]