China

China Has the Secret to Fulfilling Elon Musk’s Affordable EV Pledge

China Has the Secret to Fulfilling Elon Musk’s Affordable EV Pledge

Tesla could reduce costs significantly by using cobalt-free batteries. Cobalt batteries are one of the most expensive components in electric vehicles. Elon Musk envisioned the Model 3 as a mass market car but it currently competes with luxury vehicles. One of the biggest factors preventing the mass adoption of electric vehicles (EVs) has been their…

Why Is China Increasing Censorship If The Coronavirus Is Under Control?

Why Is China Increasing Censorship If The Coronavirus Is Under Control?

China is ramping up its efforts to censor international coverage of the coronavirus. President Xi has stated a need to “strengthen the guidance of public opinion.” The reasoning behind this is clear: Beijing needs to stifle a possible powder keg of unrest in Hubei province. In a predictable move, the Chinese government has ramped up…

China Exploits Coronavirus to Promote Dubious Traditional Remedies

China Exploits Coronavirus to Promote Dubious Traditional Remedies

Over 50% of the coronavirus patients in Hubei are being treated with traditional remedies. Traditional Chinese Medicine has dubious efficacy and could have caused the coronavirus outbreak through the trade of pangolins. Bejing is exploiting the crisis to promote nationalist Communist Party goals. They want to boost the market for TCM and fulfill Chairman Mao’s…

Dow Futures Rise as US & China Trade Verbal Attacks

Dow Futures Rise as US & China Trade Verbal Attacks

Dow futures point to moderate gains for the US stock market on Monday. The US and China traded attacks over the weekend, despite allegedly being “very close” to a trade deal. The upcoming Thanksgiving holiday means US economic data releases will be packed into a dizzying two-day window on Tuesday and Wednesday. Dow Jones Industrial…

China May Use Crypto to Incentivize its Army: Pump Incoming?

China May Use Crypto to Incentivize its Army: Pump Incoming?

China may use blockchain to organize and incentivize its military  Could China’s embrace of blockchain cause another pump? The people’s republic softens its stance on crypto. China’s latest blockchain initiative could see its army rewarded in cryptocurrency tokens. Just as the blockchain hype in China appeared to be simmering down some, The People’s Liberation Army…

China’s Retaliation Over Hong Kong Bill Threatens US Stock Market Slump

China’s Retaliation Over Hong Kong Bill Threatens US Stock Market Slump

According to reports, China plans to retaliate as the U.S. House of Representatives passed a bill on Hong Kong, which is likely to lead to a U.S. stock market slump as it fuels uncertainty. The bill–called House Resolution 543–strengthens the relationship between the U.S. and Hong Kong, criticizing China’s “interference” in Hong Kong and sanctioning…

US Denies China Companies Delisting. But The Writing is On The Wall

US Denies China Companies Delisting. But The Writing is On The Wall

U.S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time. This will likely provide more support to U.S. markets when they…