The Sleepwalkers of 1914 are the Bedwetters of 2024
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David P.Goldman in asian news
Telecom rally signals broader China tech shares surge
China’s telecom stocks, a proxy for the value of industrial automation, turned in the best performance in China’s CSI 300 Index of mainland large-cap stocks during February. The telecom subindex of the CSI 300 rose by nearly 20% as of Feb. 20 from its January 17 low.
Saving Amerca’s future from the Blob
Never believe what bipartisan foreign policy establishment hacks say about China and Russia. They don’t believe what they say, either. The Blob (as Obama aide Ben Rhodes called it) learned through generations of strategic blunders that if everyone closes ranks and sticks to the same story, its members will survive a strategic disaster of any magnitude with their careers intact.
So-called China deflation is good news for profits
To gauge price behavior, rather than the overall index number, economists look at so-called “core” consumer price inflation that excludes volatile food and energy prices – except when it comes to China.