Letter from Shenzhen
"Chinese tech isn’t an imitation of its American counterpart. It’s a completely different universe."
After extracting $1 billion bribe from ZTE, Commerce Dept. partially lifts ban
"The Commerce Department’s order should allow ZTE to at least partially resume operations, though it appears to be narrowly targeted to really only allow for maintenance and the benefit of customers, and not deployment of new products. By and large, the trade ban is still in place."
Midwestern farmers brace to lose billions in trade war
"The stakes are high because China buys roughly 30 percent of all America's soy. The proposed 25 percent tariff -- which is a tax buyers pay the government to purchase the commodity -- ensures Chinese buyers will look elsewhere."
Bill Bonner: Do You Live Next to One of These Spy Hubs?
"Republicans are back on their feet, cheering the very Big Government they despised a generation ago."
China plans to turn itself into a country of 19 super-regions
"As China’s economy has modernised, the tendency towards concentration has been irresistible, especially in coastal areas. Some towns have specialised in electronics, others in the clothing industry and so on. There has also been much more migration to the coast than to other regions. It is the clusters that have coalesced naturally, especially the deltas of the Pearl and Yangzi rivers, that have the brightest prospects."
Trump urges Congress to restrict Chinese investment in U.S. tech companies
"New legislation 'will enhance our ability to protect the United States from new and evolving threats posed by foreign investment.'"
The World Transformed and No One in America Noticed
"The accession of both India and Pakistan to the SCO is also a stunning repudiation of the United States."
New Line of Police Drones Will Instantly Upload Video to Massive Database
"A company that developed a massive database for police body cameras has joined forces with the world’s biggest manufacturer of consumer unmanned aerial vehicles to sell surveillance drones to police departments."
Tax Cuts Feed China’s Consuming Passion
"The tax reduction will stimulate growth — but it also will stretch the government finances in a slowing, debt-burdened economy."
The Company Making Billions Off China’s Worried Parents
"Ivy League strivers in the U.S. may think they have it tough with their Advanced Placement tests and résumé-polishing community service. But they have nothing on the offspring of China, where a ticket to prosperity boils down to a couple of exams that have been known to induce breakdowns or even suicides: a high school entrance exam, the Zhongkao, and a college test, the Gaokao."