ASIA / AUSTRALIA: Chinese technology giant Huawei signed a deal with Russia’s largest telecoms operator MTS to develop 5G technologies and launch a fifth-generation network in Russia within the next year. This is another example of the close Chinese-Russian relationship. Swiss bank UBS and Japan’s Sumitomo Mitsui Trust (who has 2.6 trillion under management) have […]

ASIA / AUSTRALIA: President Xi of China met with President Putin in Moscow today. Xi mentioned he and Putin have a “deep personal friendship.” President Xi will stay for three days, focusing on trade and relations amongst the two countries. Reiterating his opinion, “In the past six years, we have met nearly 30 times. Russia […]

QUESTION: I only recently learned of your material and am still digesting it. I appreciate that you encourage critical thinking. I hope you find my questions of the same spirit. In your recent article “Are Two-Tier Monetary Systems a Possible Tool?”, you illustrated how South Africa’s experience could provide an example for nations wanting to […]

ASIA / AUSTRALIA: China has extended their travel ban to the U.S., stating that there have been a lot of recent shootings, robberies, and thefts of late. This was on top of the recent warning that Chinese citizens are being harassed upon entry and exit by U.S. border control. In the Yellow Sea off the […]

ASIA / AUSTRALIA: The U.S. reacted to China’s claim that the “U.S. [is] applying too much pressure” to the deal by stating China is playing a “blame game” by misrepresenting the trade talks between the two countries. The U.S. Department of State head Mike Pompeo released a press statement attacking China over their handling of […]

ASIA / AUSTRALIA: There has been hardly any progress regarding the U.S.-Chinese trade deal. On Sunday, Chinese officials and trade negotiators warned the U.S. of using pressure to force a trade deal on China. “If the U.S. side wants to use extreme pressure, to escalate the trade friction, to force China to submit and make […]

I just returned from New York City, the armpit of the world since I never saw an apple tree there yet, and I had a very interesting meeting behind the curtain. I thought I would share this subject which they agreed I could go public on without names of course. Besides the fact that there […]

QUESTION: Controls v Protectionism If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls and if they were to lift their control a lot of money will leave China – why is that not destructive: as you mention that the centre of finance will move […]

ASIA / AUSTRALIA: Some positive news for US-Chinese relations as Tesla has started to take pre-orders on it cheaper Model 3 cars from its Gigafactory based in Shanghai. The construction of the factory only started at the beginning of January and is expected to open later this year. The former governor of the People’s Bank […]

ASIA / AUSTRALIA: China accused the U.S. of “economic terrorism.” The Ministry of Foreign Affairs said the White House had “brought huge damage to the economy of other countries and the U.S. itself,” spokesperson Lu Kang told reporters in Beijing on Thursday. China has now reportedly stopped ordering soy from the U.S. over the trade […]