Tag: U.S. China trade war
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Investor Alert: here’s what a regular Chinese communist thinks about the trade war
I recently met an electrical engineer in Chengdu China I’ll call “Mr. Kin”. He’s 53 years old, works for a private utility company. He’s been a member of the Communist Party of China since he was 18 years old. Mr. Kin is not rich, but he’s not poverty-stricken either. His daughter is studying psychology at…
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Are CNN’s Chinese reporters playing dumb?
“China’s economic slowdown keeps getting worse,” wrote CNN reporter Laura He on September 16, 2019, “That could give the country incentive to repair its trading relationship with the United States.” Indeed, it could. It could also give China incentive to ban ping-pong or mandate the eating of cheeseburgers on Tuesdays. If China is “slowing down”,…
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CopperBank (CBK.C): No China didn’t “blink” – it’s squeezing its eyes shut trying not to laugh
Last month, the International Copper Study Group stated that copper demand has exceeded supply by 155,000 metric tons in the first four months of this year. CopperBank Resources (CBK.C) controls four copper projects: CBK is a penny stock, trading at .04, with a market cap of $12 million. We figure the downside is about a…
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Long and Short (Ep 2): The rate cut and what it means
For the first time since 2008, the Fed cut rates by 25 basis points to boost economic growth. In a perfect world, a lower cost of borrowing would’ve made the market soar. But stocks fell yesterday, and they fell today. It’s complicated. Let’s get into it: Interest rates and the economy The interest rates set…
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The real reason Apple (AAPL.NASDAQ) CEO Tim Cook hates Donald Trump
The CEO of Apple (AAPL.NASDAQ) Tim Cook (58) is university educated, liberal and gay. Combine these factors and there is close to zero chance he’s going to be a fan of Donald Trump. Publicly Cook and Trump rarely agree about anything. On the campaign trail, Trump criticized Cook to rile up his base. In fact,…
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Huawei: did Canada catch a crook or are we America’s little bitches?
On December 1, 2018, Meng Wanzhou (47), a wealthy mother of four children, was arrested by the RCMP at the Vancouver, BC airport – at the request of the U.S. government. The CFO of Chinese communications giant Huawei – Meng was on her way to Mexico when she discovered that the U.S had accused her…