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Thrasymachus
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Join date : 2011-11-03
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PostSubject: Red dragon   Sun Feb 25, 2018 4:55 pm

What is China thinking?


Some moves:

-China is the largest manufacturing, export economy
-China is buying up gold
-China is slowly buying less US treasuries, and may stop altogether
-China buys back excess US dollars (after trading its dollars for yuan on foreign exchange markets) which it cannot allow back into general circulation due to not wanting the US dollar to depreciate against the yuan; it then uses these excess dollars to buy even more US treasuries
-Xi no longer has term limits
-Xi declares China leader of globalization
-Apple and Facebook CEOs meet with Xi in China (Oct. 2017)
-Obama, no longer president, meets with Xi in China (Nov. 2017)


A few sources:

https://www.marketwatch.com/story/why-china-and-russia-are-buying-so-much-gold-2016-08-01

https://www.investopedia.com/articles/investing/040115/reasons-why-china-buys-us-treasury-bonds.asp

https://www.japantimes.co.jp/news/2018/02/25/asia-pacific/politics-diplomacy-asia-pacific/china-scrap-term-limits-president-paving-way-xi-stay-helm/#.WpMi3ITAV_U

https://www.wsj.com/articles/chinas-xi-jinping-defends-globalization-1484654899

http://www.businessinsider.com/tim-cook-and-mark-zuckerberg-meet-with-china-president-xi-jinping-in-beijing-2017-10

http://www.breitbart.com/tech/2017/12/05/apple-ceo-tim-cook-praises-chinas-censored-internet/

http://www.breitbart.com/national-security/2017/11/28/barack-obama-meets-world-leaders-asia-tour/

 

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