Economics

Railway Engineering Technologies are Helping ...

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Improving rail connectivity is one of the key priorities for African nations. The continent’s railway network is far from developed and consists of tracks built a long time ago by European colonizers or other foreign partners working on local initiatives. Train lines in the Northern…

Is Baoshang Bank China’s Lehman Brothers?

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Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken, that historically leads to bank panics, deposit runs and domino collapse of a financial system or worse. The surprise collapse in late May of a small Inner-Mongolia Chinese bank…

US vs China: Smartphone Wars

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If Washington’s goal was to pressure and isolate China by targeting smartphone giant Huawei, it seems to have accomplished the exact opposite. In the process, the US has only accomplished in exposing its own growing weakness and unreliability as a trade partner amid a much wider, misguided and mismanaged “trade war.” While we’re only talking about smartphones…

Why is The Financial Times Smearing Thailand?

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Southeast Asia has become a defacto battleground for the wider war waged between the United States and an emerging China. The nation of Thailand, possessing the second largest economy in ASEAN and a pivotal partner for China’s Belt and Road Initiative (BRI), has just emerged from turbulent elections in which…

Did the Fed Already Decide the 2020 US Electi...

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As of beginning July 2019 prospects look positive for a re-election of Donald Trump as President in November 2020. Headline stock market and GDP figures all look positive…at the present. The huge unanswered question is whether that can be sustained until the fateful elections. We see signs already that spell potential trouble…

OBOR Initiative: Critics and New Members

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The second BRF-2019 Summit in Beijing became a landmark event that marked achievements of this infrastructure project, which, in 2016, changed its former name One Belt, One Road (OBOR) to Belt Road Initiative (BRI). The word ‘Belt’ refers to land routes, while ‘Road’ to maritime routes, the words “one, one” were removed from…

Will China Autos Trigger Next Economic Downtu...

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Sales of new cars in China, today the world’s largest automobile market, plunged a dramatic 16.4% in May, making the worst month in the history of the relatively new China auto industry. According to the China Association of Automobile Manufacturers (CAAM), the disastrous May sales came after declines of 14.6% in April and 5.2%…

What direction is China’s OBOR Initiative Mov...

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Discussions, meetings and banquets at the 2019 Belt and Road Forum in Beijing have finally come to an end. More than 150 delegates attended this event. What can we discern about this project at this stage? Have any new sceptics, opponents or proponents of China’s global initiative, which celebrated…

The Geo-Port-Politics of Gwadar and Chabahar

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In a highly surprising move, Iran’s foreign minister, on an unscheduled and unannounced visit to Pakistan on Thursday (May the 23rd), announced the proposal to link Pakistan’s port of Gwadar with Iran’s Chabahar port. This announcement signals tectonic geo-political shift taking place in the region in the wake of increasing tensions between the US and Iran. The US has…

Europe Has no Freedom But to Choose “Fr...

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The US Department of Energy (DOE) recently renamed US liquefied natural gas (LNG) exports “freedom gas.” But freedom for who? For Europe who already has a cheap and reliable source of natural gas, but is being forced to switch over to more expensive US gas under the threat of sanctions? Certainly not. Or freedom for Russia who supplies Europe with much of its natural…

US War on Huawei is a War on Tech Sovereignty

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Unable to compete on equal terms with Chinese telecom giant Huawei, the United States and the corporations that influence its domestic and foreign policy have decided instead to simply cut Huawei off from its many monopolies including chip manufacturing and mobile phone operating systems. But US measures come at a time when Huawei is already well on its…

Do We Face a Global Food Disaster?

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No, this is not at all an endorsement of the apocalyptic scenarios of AOC or that famous young Swedish climate expert, Greta. It is, however, a look at unusual weather disasters in several key growing regions from the USA to Australia, the Philippines and beyond that could dramatically affect food availability and prices in the coming year. That in turn could have major…


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