Today is the 200th anniversary of the birth of Karl Marx. China celebrated it by a 2 parts TV documentary ( Marx Forever) of his life and a speech by President Xi Jinping attended by all politburo members. I am of course familiar with Marx and Marxism as I attended schools in the 50s in China, yet I was not that knowledgeable about his life until I saw the documentaries, and I … [Read more...] about Karl Marx
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China and US Trade Wars Part II, The 5g Wars.
In my last post, I have posted about a potential trade war between US and China. The recent ban resulting ZTE may longer purchase American hardware and software for the next 7 years. This ban will definitely mean that even if ZTE manages to source parts of the phone from non-us manufacturers, they may no longer sell Android phones in the west because google has the monopoly … [Read more...] about China and US Trade Wars Part II, The 5g Wars.
Korea
Living in U.S. one can't help but be aware of the biases and distorted views against China, but for the hermit kingdom it must be 10 times more so. We'll probably not know why North Korea started the peace offensive for a while, whether China joining in enforcing UN sanctions push them over the edge? The defector crossing with worms in his bowel, the dead fishermen found in … [Read more...] about Korea
Why the US would not win the Trade war with China.
The US has threatened China with Section 301 of the US Trade Act of 1974 against China since early this year but China has retaliated back against the US. The only time when this section 301 was applied successfully was with Japan in the 1980's but it would not be the same with China today. I would like to point out this good article from Wall Street … [Read more...] about Why the US would not win the Trade war with China.
Trump
I wrote before the election why I prefer Hillary over Trump because she will be a competent leader managing the slow decline of American Empire, while Trump will be an incompetent megalomania accelerating the decline and endangering the world. Now after more than a year into his presidency, his incompetence is in full display, and his danger to the world is worrying everyone … [Read more...] about Trump