China

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…

US “Color Revolution” Struggles i...

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The Western media has been boasting over recent protests in Hong Kong. Western headlines have claimed the protests have “rattled” Beijing’s leadership. The protests have been organized to obstruct Hong Kong’s elected government from moving forward with an extradition…

The West’s Losing Battle for Hong Kong

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Another pivotal battle is being fought over Hong Kong between Beijing and political forces backed by the special administrative region’s former British colonial masters. At the heart of the battle is a proposed law that will allow suspects to be extradited to mainland China, Taiwan or Macau. The BBC in its article, “Hong Kong lawmakers…

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%…

Trump and the Taiwan Gambit

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Taiwan has become a new “eastern pivot” for Donald Trump. Against all international laws and UN charters, he is approaching Taiwan, as indicating to the world that regardless of the established world rules which make Beijing, the Peoples Republic of China (PRC), the official and legitimate Authority of China, with Taiwan being a part of China – the self-styled…

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…

Washington’s “Tiananmen” Li...

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Washington and its allies across the Western World have been particularly eager in observing this year’s anniversary of their version of the 1989 Tiananmen protests. It has become an opportunity to add political pressure atop economic pressure already being exerted on Beijing by Washington in its bid to encircle and contain China’s rise. This pressure comes mainly…

Will the USA and Taiwan Establish Official Di...

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The ongoing trade war between the two leading world powers is just one aspect of the global confrontation between the USA and China. Another aspect, and one which will certainly increase in importance, is the Taiwan problem. After all, it seems highly likely that the issue of Taiwan…

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…

China’s Media Wars: Not Your Average Da...

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Last year, the trade war between the US and China reached an explosive phase, where even those players not participating directly in the economic confrontation, including organizations such as the EU, ASEAN and APEC, found themselves drawn into the conflict. As claimed by the latest review…


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