ASIA: China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions. Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session would give a roadmap for its goal of carbon […]

  COMMENT: Well Marty, I guess you ever holding another WEC here in London will never happen. I feel like I am in prison. GH REPLY: Europe is totally in the hands of Klaus Schwab and his World Economic Forum which is pushing this new Global Marxist Takeover. I do not think I will ever […]

ASIA: China is aiming for an economic growth rate above 6% in 2021. After scrapping its target last year, Chinese Premier Li Keqiang announced the target on Friday at the opening of this year’s National People’s Congress. The target marks a return to strong growth after the Covid-19 pandemic impacted the world’s second-largest economy. By […]

ASIA: The latest edition of the Heritage Foundation’s annual “Index of Economic Freedom,” which ranks countries of world’s freest economies, released Thursday, saw Hong Kong excluded from the list it once dominated because its policies are “controlled from Beijing, the agency reported. The news comes on the eve of China’s annual National People’s Congress, which […]

ASIA: The Chinese government is set to kick off an annual parliamentary meeting this week for approving national priorities for 2021. The “Two Sessions” parliamentary meeting is slated to begin Thursday with the opening of the Chinese People’s Political Consultative Conference, an advisory body. The National People’s Congress legislature is scheduled to kick off its […]

  The company that publishes Dr. Seuss’ children’s books said it will stop selling six of his titles because they contain racist and insensitive images since the books “portray people in ways that are hurtful and wrong.” President Biden removed any mention of  Dr. Seuss in his presidential proclamation for Read Across America Day, which is […]

ASIA: Bank of America economist said China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way. Helen Qiao, head of Asia economics at BofA Global Research, said some reform measures would help China get there. Doubling of China’s […]

ASIA: China’s manufacturing sector grew at a markedly slower pace in February than the month before, surveys released over the weekend suggested, even as similar indicators in the US are signaling rapid growth. Chinese purchasing managers indexes have been trending lower since December when officials mandated new lockdowns in some northern cities to contain a […]

COMMENT: Good morning, I am glad to see that you publicly touched on the idea of expiring credits, that in fact are in play. It is an old idea that has been talked and written about by members of the Club in many of their Private think tanks and in books and other literature going […]

ASIA: US Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the landmark phase one trade deal it signed with the US last year. Vilsack said that the deal allows for market conditions to dictate how much Beijing is required to purchase from US farmers. The COVID pandemic, […]