A TECH winter is coming. In this week’s episode of “Money talks” we look at how a once white-hot tech sector in China is shedding capital, employees and bonuses and heading for a freeze.
We also discuss the private-jet industry and why airlines are phasing out first-class seats. And Jim Collins, author of “Good to Great”, explains the flywheel principle. Simon Long hosts. Runtime: 18 min.
Source: News Formal (newsformal.com)
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Chinese firm behind the 'Amazon Coat' hits jackpot in U.S., eschews ChinaThe Chinese firm that designed the ‘Amazon Coat’ has eschewed its home country for more competitive markets abroad via ReutersTV TV Dem dem Chinese!! Everything to dem comes easy!! Chinese... Chinese... takin over the universe!! China TV Actually, less competitive market abroad. China TV Nice, parka … Chinese are rocking the boat lately, lets see what comes. Western Brands are overhyped and overcharged crap mostly. That happens when society degenerates, … or let’s say marketing evil and greed becomes the leading force, like at apple.
Source: Reuters - 🏆 2. / 97 Read more »
Pompeo promises intervention if Philippines is attacked in South China Sea amid rising Chinese militarizationThe secretary of state seeks to reassure Manila, a long-standing ally, amid Chinese moves in the contested waters. Promise's, promise's, promise's you know this administrations word has no credibility. Oops Why doesn’t he just start wars all over the world
Source: washingtonpost - 🏆 95. / 72 Read more »
Former US Ambassador to China weighs in on Trump-Kim Vietnam summit, China tradeNorth Korean leader Kim Jong Un wants to 'perpetuate his power' by building his nuclear arsenal. But will his summit with President Donald Trump change that? 'He's not going to give that up, we hope that he does,' this former U.S. ambassador to China said. No Spunktrumpet is too concerned with socialmedia to gives shit about anything! Hell he could care less he doesn't even like his own ppl realDonaldTrump is a Ridickulooser HEY AMERICANS, FORGET KOREA. India and Pakistan are headed for war, both nuclear armed. North Korean leader little man wants to 'perpetuate his power' by building his nuclear arsenal. But will his summit with President orange man change that? 'He's not going to give that up, we hope that he does,' this former U.S. ambassador to China said.
Source: CNBC - 🏆 12. / 72 Read more »
Pompeo: US to make sure China can't blockade South China SeaMANILA, Philippines (AP) — U.S. Secretary of State Mike Pompeo says the United States is committed to ensuring the South China Sea remains open to all kinds of navigation and that 'China does not... And we all take what Mike Pomeo says very seriously. China needs to stay out of Southeast Asia. Uh, we need a real president for this. Ffs
Source: AP - 🏆 728. / 51 Read more »
Mainland Chinese stocks are gaining influence on global indexes. That may drive money into ChinaGlobal index provider MSCI's announcement that it will quadruple the weighting of mainland Chinese stocks in its benchmark indexes is likely to boost investments into the market there, investors and analysts said.
Source: CNBC - 🏆 12. / 72 Read more »
China Expects 2019 Economic Growth of 6% to 6.5%In a nod to the continuing trade talks between China and the U.S., this year’s economic blueprint delivered by Premier Li also calls for giving foreign investors greater access to Chinese markets Demand Fair and Reciprocal Trade from China! Lets us compete in your markets we will eat your lunch It’s all a smokescreen that China is creating...they are granting very limited access only in areas outside of their strategic core growth areas. Their theft of technology & buying out strategic companies outright with govt funds to better their market share continues secretly.
Source: WSJ - 🏆 98. / 63 Read more »
China Accuses Detained Canadians of EspionageChina accused two detained Canadians of working together to steal Chinese state secrets, moving ahead with a politically charged investigation seen as retribution for Canada’s arrest of a senior Huawei executive. Time to isolate/sanction China. JustinTrudeau won't do shit. Have China framed a time by when they are going to inflict consequences, because the world is hearing their threats to Canada since December 01, 2018?
Source: WSJ - 🏆 98. / 63 Read more »
US and China in 'final stages' of trade deal talks that could end this month, sources sayIf a deal is reached, the U.S. could roll back tariffs on at least $200 billion in Chinese goods while China would remove or cut industry-specific levies like autos. Chinese state media says differently. Do we have to read this permabull crap about a trade deal day in and day out for months on end? Give it a rest and only spout this horse excrement when a deal has been DONE 簽一個CCP下台的協議
Source: CNBC - 🏆 12. / 72 Read more »
China economist predicts Beijing will now encourage 'shadow' lending to boost growthAfter tamping down on shadow banking in the last few years, China will now encourage such lending to boost growth, a Chinese economist said ahead of the country's annual parliamentary session. Silver_Watchdog
Source: CNBC - 🏆 12. / 72 Read more »