News 

China urges U.S., North Korea to ‘hit the brakes’ on threats

“South Korean President Moon Jae-in, meanwhile, a liberal who favors diplomacy, urged North Korea to stop provocations and to commit to talks over its nuclear weapons program” writes Christopher Bodeen for sun-sentinel.com. “A resolution of the North Korea nuclear issue by military force is completely unacceptable and the peninsula’s nuclear issue must be peacefully resolved by political and diplomatic methods,” Lavrov was quoted as saying. Source: sun-sentinel.com Share This:

Read More
News 

The trio that pulled U.S. back from the nuclear brink

“What concessions is the United States willing to make to induce North Korea to consider ending, or at least freezing, its nuclear program?” writes Doyle Mcmanus for latimes.com. And if Kim won’t give up his weapons, as experts anticipate, is the United States ready to adopt a policy of “containment,” hoping to deter a nuclear North Korea from ever using them?. Come back in four years, and I’ll bet that’s where we are.” Still, containment’s better than a “hot” war, especially a hot nuclear war. Source: latimes.com Share This:

Read More
News 

China has got to fix its debt problem, the IMF says

“China’s economy is looking good enough that the International Monetary Fund is raising its outlook, but the organization is doing so with a strong warning over growing debt in the world’s second-largest economy” writes Johannes Eisele for cnbc.com. The IMF issued its annual review of China on Tuesday, and has revised its growth forecast to 6.7 percent for 2017, which was up from 6.2 percent. The organization also said it expects China to average 6.4 percent growth between now and 2021, versus its previous estimate of 6 percent. Source: cnbc.com Share…

Read More
News 

Chinese drone maker DJI working on mode to let pilots disconnect from internet during flights, weeks after US Army ended DJI use due to “cyber vulnerabilities”

“The Army memo caused customers to express renewed concern about data security” and prompted DJI to speed up data security changes, Schulman said” writes Alwyn Scott for reuters.com. The logo of Chinese drone maker DJI is seen at the company’s office in New York, New York, U.S., August 11, 2017. (Reuters) – Chinese drone maker SZ DJI Technology Co Ltd is tightening data security on its drones after the U.S. Army ordered its members to stop using DJI drones because of “cyber vulnerabilities,” a company official told Reuters on Monday. Source:…

Read More
News 

China and North Korea’s worst nightmare is coming true with US missile defenses in South Korea

“In light of surging tensions between North Korea, its neighbors, and the US, South Korea has decided to deploy more powerful US missile defense batteries” writes Alex Lockie for businessinsider.sg. South Korean President Moon Jae In, who had initially been resistant to increased US missile defense deployments, requested talks on improving his country’s defensive posture in light of recent threats from North Korea. “They’re moving forward,” Col. Source: businessinsider.sg Share This:

Read More
News 

China reclaims spot as No. 1 holder of Treasurys after 8-month hiatus

“A strengthening currency and growing exports can lead to a rapid accumulation of Treasurys” reports marketwatch.com. The yuan has been supported by efforts of the People’s Bank of China, its central bank, to beat off currency speculators.China’s holdings of U.S. government paper rose to $1.147 trillion, up more than $44 billion from the previous month. Source: marketwatch.com Share This:

Read More
News 

Alibaba earnings: Expect a boost from better spending trends in China

“Earnings: Analysts surveyed by FactSet expect Alibaba to report earnings per share of 93 cents, up from 71 cents in the year-earlier period” writes Caitlin Huston for marketwatch.com. E-commerce site Alibaba Group Holding Ltd. is expected to benefit from improved spending trends in China when it reports first-quarter earnings before the market opens Thursday.Alibaba beat revenue expectations for the previous two quarters, but missed expectations in the September 2016 quarter.However, MKM analysts believe that the company’s strong earnings will be able to offset those expenses.MKM Partners predict that this macro…

Read More
News 

China says U.S. trade probe would violate international rules

“Trade groups for technology companies welcomed Trump’s order Monday but the Chinese Commerce Ministry said it violated the spirit of international trade and Washington’s World Trade Organization commitments” writes Joe Mcdonald for sun-sentinel.com. China criticized President Donald Trump’s order for a possible U.S. trade investigation of Beijing’s technology policies as a violation of global rules and said Tuesday it will “resolutely safeguard” Chinese interests.Ahead of Monday’s order, the Chinese foreign ministry appealed to Trump to avoid a “trade war.”.  Source: sun-sentinel.com Share This:

Read More