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- ekan commented May 18, 2019
Let's take computers....China got computers from USA, which got them from British Empire, which got them from the Roman Empire, which got them from Ancient Egypt.....oh wait... Now seriously: url
U.S. Commerce Sec Ross: Trump may decide auto tariffs will continue beyond May
- ekan commented May 18, 2019
Interesting post, however quite short on detail. Would the poster kindly illustrate the above point with an example or two, and an analysis how the events played out to support this statement? Indeed. One such would be the movement called "Fa Lun Da ...
U.S. Commerce Sec Ross: Trump may decide auto tariffs will continue beyond May
- ekan commented May 17, 2019
Errrr......no. EU has no law that coerces US or any other country's firms to hand out their own intellectual property to competitors in exchange of market access. EU also does not have a law that obliges every EU citizen and business to obey and ...
U.S. Commerce Sec Ross: Trump may decide auto tariffs will continue beyond May
- ekan commented May 16, 2019
You forgot to throw in the paper, the printing press, and the compass. You see, USA could have indeed paid for this. If Imperial China of old had organized a system for intellectual property protection, the inventor of the "tube with powder" could ...
China Foreign Ministry: For Some Time US Has Been Abusing National Power To Smear Chinese...
- ekan commented May 16, 2019
It is hard to believe that on this trader forum people (not you) still propagate this nonsense, how USA relied on (nay, begged!) the Chinese to buy US govt. debt to finance their profligate decadent ways. USA sells debt because under fiat money, ...
China Foreign Ministry: For Some Time US Has Been Abusing National Power To Smear Chinese...
- ekan commented May 15, 2019
Trump may not care about allies, but many members of his administration do. While the Tariff Man gathered all the spotlights, a few other events took place, even though they never appeared on this website as "news" (technically speaking they are not ...
Why the US-China trade war won't last
- ekan commented May 15, 2019
American hegemony has underpinned the liberal world order since 1945, and still does, despite Trump. The majority of what we call "Western" or "developed" countries accepted US hegemony quite readily, and benefited from it. One only need compare ...
China Foreign Ministry: For Some Time US Has Been Abusing National Power To Smear Chinese...
- ekan commented May 15, 2019
Of course, CCP will try any way to continue to take advantage of the liberal world order, while seeking to subvert it in any way possible. Words are so cheap, even if they bring minimal result, all good. Let's see when the colonialism and racism ...
China Foreign Ministry: For Some Time US Has Been Abusing National Power To Smear Chinese...
- ekan commented May 14, 2019
Because the RMB is not freely convertible, hence its use internationally is close to 0 (let alone go anywhere near being "reserve currency" despite its premature inclusion into IMF SDR) and because US debt is completely under Fed control, ...
Why China Finds if Difficult to Weaponize the Yuan and US Treasuries
- ekan commented May 14, 2019
Hutch, Of course they can do that, but the fact that they can do something does not mean it is a good idea to do so. This applies to all sovereign currency issues, not just PRC, but PRC has some unique traits that make it even a worse idea for them. ...
China's 'self-destructive nuclear option' in trade war: Selling US Treasury bonds
- ekan commented May 13, 2019
No they won't. The confidence in RMB will crumble, and there will be capital flight such as the world has not seen in recent times. CCP then will have to either burn a large portion of their remaining 3 trillion USD reserves (1 down, 3 to go!), or ...
Their is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today
- ekan commented May 13, 2019
I tells very little. These 42 pips are just a bit more than 0.05% change. It is too early too make such a conclusion. The psychological Rubicon of 7.00 is still far. At this geopolitical juncture, maintaining stable RMB exchange rate to support the ...
Chart of the Week: Yuan fixing
- ekan commented May 13, 2019
It's more like EU and Ukraine are best friends, and Russia and China are best friends. Russia and Ukraine are at each other throats in a state of simmering almost-war, EU has put sanctions on a bunch of Russian persons, Russia is doing (hybrid) war ...
China will raise tariffs on US goods from June 1st
- ekan commented May 13, 2019
I totally agree. It is amazing how many people still subscribe to this most popular of delusions, even here on this trading website.
China will raise tariffs on US goods from June 1st
- ekan commented May 13, 2019
Cost-push causes inflation only when aggregate demand (that is total demand across the economy) is constant or inelastic. I think this is not the case because: 1) not much China supplies is truly indispensable in the US; 2) alternative sources; 3) ...
I think that China felt they were being beaten so badly in the recent negotiation that they...
- ekan commented May 12, 2019
Inflation? Offseting the tax cuts? Tax cuts themselves are inflationary. How can tariffs being supposedly inflationary offset something else that is inflationary? Inflation means the demand for goods and services across the economy becomes higher ...
I think that China felt they were being beaten so badly in the recent negotiation that they...
- ekan commented May 12, 2019
Why replacing Chinese production with local production is the only alternative mentioned? There are number of other countries USA can trade with. Countries who are geopolitically much more closely aligned with USA, and do not seek to upstage USA on ...
Talks with China continue in a very congenial manner - there is absolutely no need to rush
- ekan commented May 10, 2019
Unique? Nah. Every country can SURVIVE in an isolationist mode, that is the historical normal in fact. North Korea still manages to pull the feat. Survival is pretty easy, just not fun. Second, why do you think once the USA goes full isolationist ...
Talks with China continue in a very congenial manner - there is absolutely no need to rush
- ekan commented May 10, 2019
I can hardly make out what this even means. That sounds like a foreign language translated through an app. Topor or Топор, means "axe". Time zone GMT+2. Appears to be Russian. Negative attitude towards USA, fawning China, naturally.
Talks with China continue in a very congenial manner - there is absolutely no need to rush
- ekan commented May 10, 2019
Well, no, not quite. American consumers have a choice: forego purchases that are not urgent enough or buy stuff made elsewhere. It may be hard to believe, but the diversification of manufacturing and supply chains out of PRC had been underway even ...
Talks with China continue in a very congenial manner - there is absolutely no need to rush