On The Yuan-Oil Futures Contract & Gold
• https://www.zerohedge.com, by Alasdair Macleod"There can be little doubt that the introduction of the yuan-denominated oil future has been a major strategic step for China."
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"There can be little doubt that the introduction of the yuan-denominated oil future has been a major strategic step for China."
Baidu, China's search engine company, has completed China's first autonomous driving road test based on a 5G network environment. The test was recently completed in Xiongan, a new development zone.
China
Traffic authorities in the Chinese city of Shenzhen have teamed up with an AI firm named Intellifusion to carry out the rather dystopian policing, reports the South China Morning Post.
As we detailed previously, China's yuan-denominated crude oil futures launched overnight in Shanghai with 62,500 contracts traded in aggregate, meaning over 62 million barrels of oil changed hands for a notional volume around 27 billion yuan (over
"In A Few Hours"; Beijing Will Respond
Chinese e-commerce giant Alibaba Group and US carmaker Ford have unveiled an unstaffed car vending machine that is 5 stories tall in China's southern city Guangzhou.
The Petro Yuan is a Yuan denominated oil contract that is a competitor to the petro dollar.
We have to stress test the macro scenarios versus current market conditions by looking at worst case events, then calculating expected values based on the most likely probabilities.
He went for a long walk, trees bare. Considered his discussions with historians, experts, strategists, analysts. Articles, analyses, theories. The largest nation on earth, with 18.5% of humanity's population, the 2nd biggest GDP, had lifted term li
I was in the gym earlier today trying to ward off the effects of trans-Pacific travel and 12 hours of time zone changes when the news flashed across the TV that the US government was issuing another round of tariffs against China.
trade
President Trump signed a memorandum leveling a new round of "protective" tariffs and "investment restrictions" against China on Thursday, pushing for a "reciprocal" trade relationship with the nation.
Supposedly it's payback time. That's what the Trump Administration says about a new round of tariffs.
The People's Bank of China, the nation's central bank, has a new governor, its first in 15 years. His name is Yi Gang and judging by previous comments the 60-year-old has made, he's perfectly okay with cryptocurrency. His positive stance toward
Pangu is a prominent figure in Chinese creation mythology. To this day, the Zhuang people sing a traditional song about Pangu creating the Heaven and Earth. The origin of the Pangu myth has been much debated. Many believe it originated with Xu Zheng,
The new head of China's Central Bank received his Ph.D. from University of Illinois and was a professor of economics at Indiana University in Indianapolis. In other words, he is a product of America as much as China. Bloomberg calls him a Technocra
A widely-read and a rather provocative mouthpiece for Beijing quoted Chinese observers who said the country would have no choice but to respond with "counter moves" if the U.S. were to press ahead and elevate its relations with Taiwan. And one o
Some people say that "No civilian should have military style weapons!" Ironically they also criticize those who say gun ownership deters oppressive government. "Oh yea, your hunting rifle is going to stand up against the government's tanks
China
The slow-motion train wreck of "social credit" systems and the "gamification" of society has moved to the next stage.
China has announced new measures that mean citizens with bad "social credit" will be restricted from travelling.
In this video Luke and Jason discuss the week's topics including the latest with Vladimir Putin and China and the possibility of the current leaders being lifetime rulers. Plus Facebook, Youtube, Wikipedia, global entanglements and more.
In this video Luke and Jason discuss the week's topics including the latest with Vladimir Putin and China and the possibility of the current leaders being lifetime rulers. Plus Facebook, Youtube, Wikipedia, global entanglements and more.
China's gross domestic product is forecast to reach about $13.2 trillion in 2018, beating the $12.8 trillion combined total of the 19 countries that use the euro, according to data compiled by Bloomberg.
China added the electricity consumption of France and will pass combined USA-EU-28 energy in 2020
The slow-motion train wreck of "social credit" systems and the "gamification" of society has moved to the next stage. Now the Chinese government is going to start barring people from flying or riding trains if their social credit score is not
Update: Well... ignore everything we wrote below, because as Bloomberg blasted moments ago: MALPASS SAYS HE MISSPOKE ON TALKS WITH CHINA BEING DISCONTINUED. Apparently nobody, anywhere know what is going on anymore:
China is still building every kind of energy production including coal, natural gas, nuclear, wind and hydropower, solar and wind.
Cosco Shipping Ports and China Merchants Port Holdings have gone on a buying cargo terminals in the Indian Ocean, the Mediterranean Sea, and the Atlantic rim.