China
Is Baoshang Bank China’s Lehman Brothers?
Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken, that historically leads to bank panics, deposit runs and domino collapse of a financial system…
US vs China: Smartphone Wars
If Washington's goal was to pressure and isolate China by targeting smartphone giant Huawei, it seems to have accomplished the exact opposite. In the process, the US has only accomplished in exposing its own growing weakness and unreliability as a trade partner amid a much wider, misguided and mismanaged "trade war." While we're only talking about smartphones...
The West's Losing Battle for Hong Kong
Another pivotal battle is being fought over Hong Kong between Beijing and political forces backed by the special administrative region's former British colonial masters. At the heart of the battle is a proposed law that will allow suspects to be extradited to mainland China, Taiwan or Macau. The BBC in its article, "Hong Kong lawmakers...
