Bringing you just the headlines

  • USDA reports large U.S. soybean sale to China ahead of Trump-Xi meeting

    The U.S. Department of Agriculture (USDA) on Friday reported a large soybean sale to China in a surprise deal ahead of a meeting at the G20 summit between U.S. President Donald Trump and Chinese President Xi Jinping.

    U.S.
  • China Reports Slowest GDP Growth On Record, As Retail Sales, Industrial Output And Fixed Investment All Beat

    The Chinese goalseek-o-tron was in perfect working order on Monday morning, when moments ago Beijing reported that China's Q2 Y/Y GDP rose at 6.2%, once again precisely as consensus had expected, down from 64% in Q1 and the lowest since "modern" records started to be kept 27 years ago in 1992, dipping below even the financial crisis low of 6.4$ Additionally, 2Q cumulative GDP rose 6.3% y/y, also matching the consensus estimate, and down from 6.4% in Q1. "We expect Beijing to ramp up stimulus...

    Zero Hedge
  • China vs. America in the South China Sea is a Missile Stand-Off. Who Would Win?

    David Axe Security, This could get ugly.  The Chinese military lobbed anti-ship ballistic missiles into the South China Sea in tests in early July 2019. The missile trials underscored Beijing’s increasing militarization of resource-rich waters on which several countries have conflicting claims. “The Chinese carried out the first test over the weekend, firing off at least one missile into the sea,” NBC News reported on July 1, 2019, citing a U.S. official with knowledge of the test. “The...

    The National Interest
  • Philippines to look into reported China missile test in South China Sea

    While the United States raised alarm over a reported Chinese missile launch in the South China Sea, the Philippines has yet to verify this recent development. by Patricia Lourdes Viray

    philstar.com