|
|
|
05.02.26 - 20:09
|
US Pushes Price Floors At Global Minerals Summit To Cut China Dependence (ZeroHedge)
|
|
|
US Pushes Price Floors At Global Minerals Summit To Cut China Dependence
The US convened officials from 55 countries on Wednesday for a critical minerals summit focused on stabilizing supply chains and reducing reliance on China, according to Bloomberg. The Trump administration promoted price floors and expanded private investment to secure reliable access for American manufacturers.
The European Union, Japan, and Mexico agreed to work with Washington on new policies, including possible price floors, and toward a binding multilateral trade agreement, according to the US Trade Representative. These moves signal closer coordination among allies to address supply vulnerabilities.
“Today, the international market for critical minerals is failing,” Vice President JD Vance said. “Consistent investment is nearly impossible, and it will stay that way so long as prices are erratic and unpredictable.” He called for stable investment conditions and proposed a “preferential trade center for crit...
|
|
|
05.02.26 - 20:09
|
Beijing′s Big Short: Meet The Chinese "Anti Hunt Brother" Billionaire Betting Against Silver Bulls (ZeroHedge)
|
|
|
Beijing's Big Short: Meet The Chinese "Anti Hunt Brother" Billionaire Betting Against Silver Bulls
Born in 1963 in Zhuji, Zhejiang Province, right in the middle of some pretty chaotic times in China's history, reclusive billionaire Bian Ximing grew up to become a commodity titan after making some huge bets in the metals markets over the past few years.
In 2003, he bought Zhongcai Futures Co., which would become the centerpiece of his trading empire.
Bian spends much of his time in Gibraltar, and previously made nearly $3 billion from bullish bets on Shanghai Futures Exchange gold contracts since early 2022.
It is unknown if he has closed any of that position out.
In May 2025, the billionaire went all-in on copper, believing the metal is vital for China's tech-heavy future and the global green energy push. Even with market volatility and political tensions, sources confirmed Bian's massive copper position - nearly 90,000 tons - on the Shanghai Futures Exchange, confident that cop...
|
|
|
|
|
|
|
|
|
|
|
05.02.26 - 18:00
|
USA fordern China bei Seltenen Erden heraus (DW)
|
|
|
Donald Trumps Projekt 'Vault' soll den Zugang der USA zu den immer wichtiger werdenden Seltenen Erden sichern. Die EU strebt dabei eine Allianz mit Washington an, doch können sie Chinas Vorsprung tatsächlich aufholen?...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.02.26 - 13:18
|
Donald Trump is making China great again | Steven Greenhouse (The Guardian)
|
|
|
The president's policies have weakened the US's competitive position and undermined its alliances to China's advantageIf Donald Trump's presidency has any theme (beyond self-promotion), it's that his “America First” agenda will Make America Great Again. Unfortunately for the American people, if Trump's maneuvers and machinations have made any nation greater, it's been China, not the United States.During Trump's first term, he treated China as a strategic rival and often talked of checking its rise. His administration complained that China was seeking to “challenge American power” and “erode American security and prosperity”. But during his first year back in the White House, Trump – in governing by whim and impulse with little strategic vision - has done lots to Make China Great Again.Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading......
|
|
|
|
|
|
|
05.02.26 - 13:06
|
TSMC Japan plan for advanced chips seen as hedge against pressure from US, China (SCMP)
|
|
|
Taiwan Semiconductor Manufacturing Company's plan for advanced chip production at a Japanese plant will help it hedge against US tariff threats and the possibility of a Beijing blockade around Taiwan, analysts said, while providing Japanese giants such as Sony and Toyota with local access to advanced chips for artificial intelligence applications.
C C Wei, president and CEO of the world's top chip foundry, known as TSMC and based in Taiwan, said on Thursday after meeting Japanese Prime Minister......
|
|
|
|
|
05.02.26 - 12:30
|
TikTok tax time: ByteDance ′encourages′ overseas Chinese staff to declare income (SCMP)
|
|
|
As the tax filing season approaches, Chinese nationals working for ByteDance overseas have been reminded to report their income to authorities in China.
For a second consecutive year, the TikTok owner has notified staff in countries including the United States, Singapore and Japan of their tax obligations – a long-standing rule that has only been enforced more strictly in recent years as Beijing seeks to bolster fiscal revenue.
“Chinese nationals are generally considered Chinese tax residents,......
|
|