ASIA: China today told Philippines President Duterte that the disputed area of the South China Sea was not up for negotiations as President Xi and Duterte met in Beijing. However, China was willing to work together to effectively manage the issue. With Duterte in his final term as presidency, critics back in his native country […]

ASIA: Over the weekend, the Hong Kong protests began to turn violent with the police stating 100 rioters were armed with weapons. Police fired a live warning shot at a protesting crowd as well as using water cannons to disburse the crowds. Overall, 86 people were arrested including one twelve-year-old. It was said that around […]

ASIA: More news emerging regarding a China retaliation of a possible US-Taiwan arms sales. A lot of the talks are subjective in nature, however, the deal for 66 aircrafts looks as if it will go through. China recently made an intention to stop purchasing US agriculture products, however, according to Reuters there have been some […]

ASIA: China announced that they will be looking into placing sanctions on any US company involved in the proposed US-Taiwan sale of F-16 fighter jets. The US approved of an 8 billion USD transaction of 66 aircrafts. Twitter and Facebook have apparently shut down Chinese state-owned accounts that were trying to downgrade the Hong Kong […]

  QUESTION: Mr. Armstrong; You seem to be the only person who distinguishes private interest rates v public. Has the marketplace gone insane along with Trump demanding 100 basis point cut by the Fed? I find it curious how they only quote the same people in the press who seem to preach the government position […]

ASIA: China has described the Hong Kong protests as “terrorism” as clashes with police broke out after a few days of peaceful protests. All eyes are on the Chinese government on how they are going to deal with the ongoing situation in Hong Kong. US President Trump commented, “We’ll see what happens. But I’m sure it’ll […]

There is a very Dark Cloud hovering over the world economy and at the center of this cloud lies not just Europe, but Germany – the strongest economy holding up all of Europe. The German manufacturing sector is in freefall. Trump will be blamed calling this the result of his Trade War. It is probably […]

ASIA: Last week on Thursday, President Trump threatened to add another 10% tariff on an additional 300 billion USD worth of goods coming into the U.S. from China. China responded to President Trump’s threat by allowing the Chinese yuan — with the current exchange rate of 7.05 Chinese Yuan to the dollar — sink to […]

ASIA: There has been news suggesting that China wants to retaliate to the tariffs imposed by Trump, but their faltering economy and high debt burden does not allow them to do so. Today, China’s Ministry of Commerce, which is heavily involved in the country’s trade policy, said it would “take necessary counter measures to resolutely […]

ASIA: China and US trade talks stalled this week although described as “frank, efficient and constructive” by the White House. Talks are due to resume early September in Washington DC. “The two sides discussed topics such as forced technology transfer, intellectual property rights, services, non-tariff barriers, and agriculture,” the White House said. It said China […]