Search results

China had proposed territory swap with Bhutan. Doklam is strategically significant for China & India, but not for Bhutan. Why would it have problem with swapping that for more fertile land? Bhutan has been essentially treated as a vassal state by India. It certainly would be natural for it...

FDIC set a minimum of 1.35% reserve ratio for insured deposits, while Dott Frank Act requires minimum of 1.35% reserve for all deposits. That actually makes a big difference as we found out that 88% of all deposit in SVB are uninsured, as in deposit above the FDIC 250.000 limit. Both SVB and...

One of the regulatory requirements is to keep a large stack of cash reserves, instead of loaning everything out, so if there is a bank run, these banks could very well survive. Unfortunately, the regulation that banks were placed under after 2008 was undone by exactly the lobbying effort of...

What got Jack Ma into trouble is his demand for deregulation in the financial industry. And guess how deregulation worked out for the banks in the US.

China completes first yuan-settled LNG trade TUE, MAR 28, 2023 - 07:52 PM UPDATED TUE, MAR 28, 2023 - 7:57 PM CHINESE national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled liquefied natural gas (LNG) trade through the Shanghai Petroleum and Natural Gas...

Countries can default.

The same, as citizen of ROC are the citizens of PRC and vice versa. There is a lawsuit in Taiwan which tourists from PRC are ruled as having the same rights as citizens of ROC.

Competitive pressure, living cost, low wages due to overpopulation will easy as population declines and there will be an equilibrium point where the population can live in relative comfort and grow their families. One should be far more concerned about the sustainability of the current massive...

Money exiting Swiss banks are moving into HK, and yes, HK is actually the only place where your money is safe from the US seizure.

Swiss has destroyed its reputation as a safe haven. More will be leaving its bank, not just Chinese and Russian. Most of these money will goto either Singapore or HongKong. So much winning.

Such calls for Biden have been and will be but a show for its domestic audience, pointless for China to engage in.

Honduras acknowledges it requested 300 million for dam construction and 600 million loan renegotiation, but denies any request for 2.4 billion. Taiwan has paid Lithuanian 1.2 billion to open an unofficial trade office, so as diplomatic allies, Honduras and other remaining countries certainly...

My suggestion would be the Kosovo model.

Big surprise. Very few people plays baseball in China, most aren’t even aware of the game. But every country? Russia? Any Ukrainian?

Pfff, as long as US still wins the "World series".

And how many times did the UN general assembly voted in demanding Israeli withdrawal from occupied territories? How meaningful is that?

That's not the temple. The temple is in the background to the upper left.

Taxi has cameras. There are also street cameras. Guess you never heard of proof beyond a reasonable doubt. Since when is she said / he said beyond reasonable doubt?

She said vs he said should never be good enough to convict anyone as that is a LONG way off from proven guilty.

When one has fled to the corner of the nation and is now dependent upon foreign power to survive, its legitimacy is already gone. Chinese history is full of rebels winning the civil war and created prosperous and powerful dynasty. Their legitimacy far exceeds any passing government turned...