Twenty ships loaded with 1.2 million tons of Sorghum are changing course after China implemented anti-dumping measures targeting the grain (archived). Chinese imports of US sorghum began only five years ago and China swiftly began purchasing nearly all US exportable sorghum as livestock fodder. These boats are in the unfortunate position of requiring an entirely new market for their product while at the same time burning precious fuel in the Pacific.
Category Archives: China
Russian Air Defense Hardware Getting Pretty Good At Intercepting US Missiles
Overnight the US, Airstrip One, and France launched missile strikes against Syria which were condemned by both the Russians and Chinese. Out of 103 missiles launched, 71 were reportedly intercepted leaving 32 to strike targets. This move comes 373 days after Trump last directed US cruise missiles towards a Syrian airbase's pussy. Syria and Russia are reporting that this attack was "absorbed" with personel having been withdrawn from the target sites days in advance while the US insists no warning of the attack was offered.
Chinese Customs Agents Deny Entry To US Garbage
Reports are emerging that Chinese customs agents are actively refusing US garbage exports entrance to the country (archived). With China buying Brasilero soy to the exclusion of US beans, enforcement of the ban on garbage imports leaves even less goods to justify US to China cargo service.
Duterte Receives Support From Russia And China As USG.STATE Spurns Another Longtime Ally
Pinoy President Rodrigo Duterte has praised Russia and China for providing arms for his forces to use in their struggle against Islamist rebels in the south of the Phillipines (archived). The Phillipines has until recently aligned itself strongly with the US, but relations have soured as the Great Again free USG State Department has worked to thwart Duterte's efforts to try making the Pinoys great. Duterte further aired his concerns that the USG.CIA with its own anti-Great faction may move to assassinate him.
Second Chinese Tariff Announcement This Week Hits US Soybeans With 25% Levy
After their announcement earlier this week, the Chicoms have expanded their planned tariffs to include soybeans.
China Raises Tariffs On US Agricultural Exports
In response to economically nationalist moves made by the US Trump administration, China has moved to impose tariffs on a number of US agricultural products including pork and ginseng. Notably absent from tariffs at this time are soybeans. With Brazilian soybeans demanding a price premium for their higher dry weight protein content, a tariff on US soybeans would have likely have ended their marketability in China.
Bearish News For The Dollar As Renmibi Moves Into Oil Markets
The slow motion flailing of empires against one another continues as the Shanghai International Energy Exchange has begun pricing crude oil contracts in the Chinese Renmibi rather than that other paper currency. (archived)
Argentine Coast Guard Fires On And Is Outmaneuvered By Chinese Fishing Vessel
Argentina announced that last week it had fired at a Chinese flagged fishing vessel, Jing Yuan 626 and failed to capture the vessel after an 8 hour pursuit. (archived)
Apple Hands Over More Keys
Apple surrendered to Oriental Socialism and moved encryption keys for Chinese users to Chinese servers at the behest of Party officials. According to Reuters, 'Chinese authorities can now get a Chinese legal order and tell Apple to hand over user data. Apple will have no choice but to comply with the order." Apple already complies with U.S. Department of [in]Justice requests, and appears poised to work with "Party officials" worldwide. The Chinese just get preference for assembling the merchandise.
Chicoms Set To Lift Presidential Term Limits, Attempt To Putinize Xi Jinping
Reports are emerging that the Communist Party of China is set to remove lines from their constitution which limited Presidents to two consecutive terms at their upcoming Chicom party congress (archive). This move appears to be a step in the direction of the Chicoms committing to 64 year old General Secretary and President Xi Jinping for the rest of his natural or unnatural life.