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  1. bone

    How Xi Jinping's colleagues rejected an 'unequal' trade deal

    No, not really. It's because the EU has a $49B trade deficit with China - not a $470B trade deficit.
  2. bone

    One in Five US Companies says China has Stolen Intellectual Property Within the Last Year

    Except that on December 11, 2001, China became a member of the WTO. And the WTO has very clear regulations on IP protections. But China has a notorious track record when it comes to compliance with WTO rulings. The EU and the US have filed formal complaints against China with the WTO about...
  3. bone

    How Xi Jinping's colleagues rejected an 'unequal' trade deal

    So now both the US and the EU have launched WTO cases against China for unfair, forced Intellectual Property transfers. "EU Commissioner for Trade Cecilia Malmström said: "Technological innovation and know-how is the bedrock of our knowledge-based economy. It's what keeps our companies...
  4. bone

    Trump Is Right to Battle China on Trade, But Now Comes the Hard Part

    Just stating facts - pump your brakes; you're sounding like Xi's PR Minister. And quit putting words in my mouth - I never tied Chinese GDP or Retail Sales or Industrial Production to tariffs in my posts.
  5. bone

    Huawei Ban

    You need to understand that entire industry sectors in China are owned and subsidized by a totalitarian Communist government. There are truly legitimate grounds for national security concerns. Huawei is notorious for back dooring spyware - most notably anything that can be communicated...
  6. bone

    My energy trades

    I've lightened up on some positions as well. :thumbsup:
  7. bone

    Trump Is Right to Battle China on Trade, But Now Comes the Hard Part

    Sure, if you appreciate totalitarian Communist regimes I take your point. If you are a proponent of massive STATE owned and subsidized industries competing on the global marketplace - sure you have a point. Like modern China, the Soviet Union also had to rely upon massive State-sponsored...
  8. bone

    Trump Is Right to Battle China on Trade, But Now Comes the Hard Part

    Dude, take a look at the Chinese March and April Retail Sales and Industrial Production numbers. Off a freaking cliff... And the last three months of 2018 and 2019 to date were juiced to the tits by Beijing stimulus pumping. :rolleyes:
  9. bone

    Trump Is Right to Battle China on Trade, But Now Comes the Hard Part

    That is somewhat specious. If you look at the trading account balance broken down by country or in the case of the EU by trade block - by far and away the US accounts for almost all of China's trading account surplus. For all other countries, China manages to import about as much as they export.
  10. bone

    Former Goldman CEO Lloyd Blankfein: Trump’s tariffs aren’t a bad idea

    Not my sister’s so much. Not the products where the Chinese insisted on a forced IP transfer as a precondition to sale.
  11. bone

    Honeywell CEO on China Tariffs: “We’re Ready”

    Actually the word the CEO used was "supplies". Which I take to mean that Honeywell ships raw supplies and components to China for assembly, and he was trying to avoid Chinese tariffs on US imports.
  12. bone

    One in Five US Companies says China has Stolen Intellectual Property Within the Last Year

    Should have been dealt with a decade ago. But it is hard, unpopular, inconvenient, risky, and takes balls.
  13. bone

    Futures plus options - how to hedge

    In terms of the major index names there will be precious little "meat left on the bone" for a speculator to cover his costs and make a profit day trading or arbitraging major index options versus futures spreads. It is a strategy heavily used by exchange cleared and OTC options market making...
  14. bone

    Honeywell CEO on China Tariffs: “We’re Ready”

    http://fortune.com/2019/05/15/honeywell-ceo-china-tariffs/ As the tit for tat trade battle wages on in Washington and Beijing, one prominent American CEO says he’s prepared for just about every possible scenario. Honeywell CEO Darius Adamczyk says the company has already been moving critical...
  15. bone

    One in Five US Companies says China has Stolen Intellectual Property Within the Last Year

    http://fortune.com/2019/03/01/china-ip-theft/ This is a Fortune article from March 01. The forced IP transfer and theft issue is real and it is serious for US Companies. One in Five U.S. Companies Say China Has Stolen Their Intellectual Property A new CNBC poll finds that one in five...
  16. bone

    Former Goldman CEO Lloyd Blankfein: Trump’s tariffs aren’t a bad idea

    That's a decent list, but it leaves off the most egregious and financially damaging grievance - which is also the major sticking point in the US/China trade negotiations. [the US wants IP protections codified into Chinese law, because words and promises from Chinese government officials have...
  17. bone

    GoPro will move some manufacturing out of China to avoid tariffs — but it's not promising U.S. jobs

    Vietnam is supposedly looking to really exploit the China situation. And US Companies are building plants in Mexico - they bypass the very expensive cargo ship transport and they own the plant site and equipment and intellectual property outright without having to put up with Communist Party...
  18. bone

    What's Holding This Market Up?

    US Companies are building plants in Mexico - they bypass the very expensive cargo ship transport and they own the plant site and equipment and intellectual property outright without having to put up with Communist Party thuggery.
  19. bone

    What's Holding This Market Up?

    As present, more buyers than sellers And the realization that in six months most anything can be sourced outside of China.
  20. bone

    Former Goldman CEO Lloyd Blankfein: Trump’s tariffs aren’t a bad idea

    Former Goldman CEO Lloyd Blankfein: Trump’s tariffs aren’t a bad idea https://www.cnbc.com/2019/05/15/goldman-sachs-ex-ceo-blankfein-tariffs-may-hurt-us-china-loses-more.html KEY POINTS “Tariffs might be an effective negotiating tool,” former Goldman Sachs CEO Lloyd Blankfein says in a tweet...
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