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1930s in Shanghai

Photo: Library of Congress.
Shanghai in the 1930s.

Something worth remembering as the need for asylum in our world grows every year, is that Shanghai accepted many Jewish refugees in the 1930s, where they joined an already thriving community of Jewish immigrants from Baghdad. 689 mais palavras

Tai tai keeps losing money

She went into Hang Seng and Chinese techies on her gut feel

The above chart reminded me that midweek her bestie called me to update me on the clueless Tai Tai I talked about last yr ( 112 mais palavras

China

China to Form Two Rare Earth Giants to Strengthen Pricing Power | Source: BLOOMBERG

China is planning to create two rare earth mining giants in an effort to gain better pricing power in global markets. Beijing has been restructuring the industry for years, to maintain its dominance in the production of the strategic metals, of which it controls 70%, as the U.S. 92 mais palavras

Geopolitics

China infuses $18.6bn into banking system amid Evergrande crisis | Source: NS Banking

The People’s Bank of China (PBOC) has injected CNY120bn ($18.6bn) into the country’s banking system in an effort to keep the liquidity stable at the end of the quarter amid the ongoing Evergrande crisis. 124 mais palavras

Geopolitics

China declares all crypto-currency transactions illegal | Source: BBC

China’s central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin. China is one of the world’s largest crypto-currency markets. 114 mais palavras

Geopolitics

As China tightens its grip, the bitcoin market is declining

The Chinese government has recently imposed restrictions on bitcoin transactions. The cooperation of foreign financial institutions in cryptocurrency transactions of mainland investors has been banned. Bitcoin prices have started falling immediately after that incident. 200 mais palavras

World News

Australian submarines: an immature and potentially devastating move

September 23, 2021

by Jean-Luc BASLE  for the Saker Blog

In a September 20th interview with French newspaper Ouest France, France’s Foreign Minister Jean-Yves Le Drian explains that the Australian submarine contract was part of France’s Indo-Pacific strategy – a strategy which included India* and whose objective was to ensure stability in a region critically important to world peace and prosperity and, incidentally, where two million French people live. 516 mais palavras

USA