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Tag Archives: China

Ekaterina Blinova — CCTV Commentator: Trump Dashes Hopes of Clinton-Backing Chinese Elites

CCTV is China Central Television. The article provides insight into the thinking of Chinese elites, business and political. The Chinese business elites backed the wrong horse, CCTV Panview editor and commentator Tom McGregor has told Sputnik, speaking about them pinning their hopes on Democratic presidential nominee Hillary Clinton. According to McGregor, some of them still believe Donald Trump will fail and maintain ties with the Clintons and George Soros.... Sputnik International |...

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Peter Schiff says bitcoin is going to zero. That’s exactly why you should buy every dip.

Peter Schiff, the guy who has been so wrong about everything, is now saying that bitcoin is going to zero. This is why you should probably buy every single dip.Remember Schiff's predictions?QE will cause hyperinflation. The Chinese will stop "lending" to us and interest rates will skyrocket. Gold is going to $10,000.And more.Bitcoin is not a bubble. It's a symptom of the world's desire to "de-dollarize." And while it will not become any kind of mainstream currency anytime soon because of its...

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Reuters — Ford to base Fusion production in China, ship to U.S. – sources

As with the Focus move, the decision to build the Fusion in China also signals a shift in strategy at Ford, which is responding to dwindling U.S. consumer demand for passenger cars in favor of more expensive and more profitable trucks and SUVs. Last week, Ford said it plans to relocate production of a future battery electric vehicle to Cuatitlan, Mexico in 2020 to free up capacity at its Flat Rock, Michigan, plant to build self-driving vehicles in 2021. Reuters Exclusive: Ford to base...

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Kai-Fu Lee and Jonathan Woetzel — Dynamism by design: China as digital giant

China has firmly established itself as a global leader in consumer-oriented digital technologies. It is the world’s largest e-commerce market, accounting for more than 40% of global transactions, and ranks among the top three countries for venture capital investment in autonomous vehicles, 3D printing, robotics, drones, and artificial intelligence (AI). One in three of the world’s unicorns (start-ups valued at more than US$1 billion) is Chinese, and the country’s cloud providers hold the...

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Elsa B. Kania — China Is On a Whole-of-Nation Push for AI. The US Must Match It

The prize.Defense OneChina Is On a Whole-of-Nation Push for AI. The US Must Match It Elsa B. Kania | Adjunct Fellow With the Technology and National Security Program at CNAS (Center for a New American Security) See also CNNPutin and Musk are right: Whoever masters AI will run the world Gregory C. Allen | Adjunct Fellow at the Center for a New American Security

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Pepe Escobar — The New Great Game moves from Asia-Pacific to Indo-Pacific

In the context of the New Great Game in Eurasia, the New Silk Roads, known as the Belt and Road Initiative (BRI), integrates all of China’s instruments of national power – political, economic, diplomatic, financial, intellectual and cultural – to shape the 21stcentury geopolitical/geoeconomic order. BRI is the organizing concept of China’s foreign policy for the foreseeable future; the heart of what was conceptualized, even before President Xi Jinping, as China’s “peaceful rise.” The Trump...

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Zero Hedge — China To Deploy Elite Troops To Syria To Fight Alongside Assad’s Army

According to multiple reports in Middle East regional sources, China plans to send elite military units to Syria to advise and assist the Syrian Army in an attempt to root out the country's terrorist insurgency, especially Chinese Islamist foreign fighters who have shown up in increasing numbers in Syria's north since the start of the conflict. If confirmed this won't be the first time China - one of the five veto-wielding powers of the UN Security Council - has sent assistance to the...

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Michael Pettis — Why market liberalisation now may hurt China more

In the end, while standard macroeconomic reforms may work in theory -- albeit under an unrealistic set of assumptions -- they’ve never worked in practice. Rather than eliminating the controls that protect China from a financial crisis, leaders should confront their debt problem head-on and begin deleveraging. For that to happen, it would help if the decision-making process were more, not less centralised. Only forceful action from the top can overcome the tremendously powerful vested...

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