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  • Trump’s China press conference could mark the end of his cautious approach to Beijing

    From cnbc.com

    President Donald Trump said he would hold a news conference “on China” on Friday, but he offered no details as to what he would say. Even without any details, Trump’s announcement Thursday at the White House was enough to send markets tumbling. Between 3:15 p.m., when news of the Friday presser hit wires, and the 4:00 p.m. close of the trading day, the Dow Jones Industrial Average fell 300 points, giving up its positive gains for the day and ending down half a percent. The White House did not immediately respond to questions from CNBC about the content of tomorrow’s presidential announcement. For weeks, the ... (full story)

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  • Post #1
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  • May 29, 2020 1:23am May 29, 2020 1:23am
  •  SangamAgarwa
  • | Commercial Member | Joined Apr 2020 | 6 Comments
What if he talks angry about Hong Kong issue. That would be start of cold war. It will change direction of all currency pairs
  • Post #2
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  • May 29, 2020 2:24am May 29, 2020 2:24am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Trump could well start a cold war with China which is not good or beneficial for both countries.
  • Post #3
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  • May 29, 2020 4:07am May 29, 2020 4:07am
  •  Hurst
  • | Commercial Member | Joined Aug 2014 | 1,003 Comments
My analysis points to a fall in June, I don't know what Trump says but we are very close to a 90 year cycle on the 29th May to 3rd June.

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  • Post #6
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  • May 29, 2020 5:59am May 29, 2020 5:59am
  •  aquavox
  • Joined Nov 2012 | Status: Member | 274 Comments
ok, but to be fair, what about all the clowns that voted them both in then ?
2
  • Post #7
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  • May 29, 2020 6:04am May 29, 2020 6:04am
  •  foto
  • Joined Jan 2007 | Status: Member | 1,852 Comments
Also the matter of Military bases built upon manufactured Islands in International Waters of South China Sea. Objective is not hidden, it projects PRC control over same Waters.
This matter already litigated in Hague but since it was not what PRC wanted as outcome as they lost, they simply disregard.

Fishing boats of PRC group together and then Ram and sink Boats from adjacent countries.

India is now faced with an occupation by PLA regulars of Land belonging to India.

PRC is not the innocent they portray themselves to be and much sentiment has shifted around the World to negative regarding PRC.
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  • NotBoris
  • Post #9
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  • May 29, 2020 6:21am May 29, 2020 6:21am
  •  Micc23
  • | Joined May 2017 | Status: Member | 805 Comments
Not CNBC again? Top CNBC management have announced that station will become more politically active. Forex factory should not be using this site for financial news for traders.
  • Post #10
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  • May 29, 2020 6:21am May 29, 2020 6:21am
  •  joyaxiam
  • | Joined Jul 2014 | Status: Member | 4 Comments
Has anyone watched John Pilger's documentary on youtube? The coming war on China?
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  • Post #12
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  • May 29, 2020 6:29am May 29, 2020 6:29am
  •  Calin100
  • | Joined Jan 2019 | Status: Member | 46 Comments
The ,,cold war,, between US-China has been playing for a couple of years ...
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  • Post #13
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  • May 29, 2020 6:33am May 29, 2020 6:33am
  •  foto
  • Joined Jan 2007 | Status: Member | 1,852 Comments
Quoting NotBoris
Hidden
Maybe you watch too much television or Hollywood movies.
First shots militarily have higher probability originating between India and China. PRC starts to divert headwaters of major rivers that feed India and there is going to be War between the two.

You apparently think riot and burning buildings is just Protesting. Redefining reality to fit a personal Bias is what I would call it.
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  • Post #14
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  • May 29, 2020 6:39am May 29, 2020 6:39am
  •  Micc23
  • | Joined May 2017 | Status: Member | 805 Comments
One announcement will be that Chinese graduate students who have been sponsored by the CCP will have their visa's revoked. The main job of these students is to steal American scientific and military secrets and technology and report back to the Chinese military. Of course American universities will oppose this because the Chinese government pays the students tuition and gives a lot of money to the academic institutions. This should have been done decades ago, in previous administrations. The question is why this should depress the stock markets.
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  • Post #15
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  • May 29, 2020 6:43am May 29, 2020 6:43am
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 761 Comments | Online Now
Quoting foto
Disliked
{quote} Maybe you watch too much television or Hollywood movies. First shots militarily have higher probability originating between India and China. PRC starts to divert headwaters of major rivers that feed India and there is going to be War between the two. You apparently think riot and burning buildings is just Protesting. Redefining reality to fit a personal Bias is what I would call it.
Ignored
I have time better spent reading and digest proper articles and information than to watch those garbage stuffs coming out from america (o hollywood you meant) what you had suggested, sorry but I have to agree to disagree to your assumptions and pointers. Best that you leave it here.

Happy trading
  • Post #16
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  • Edited at 8:50am May 29, 2020 6:45am | Edited at 8:50am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting foto
Disliked
Also the matter of Military bases built upon manufactured Islands in International Waters of South China Sea. Objective is not hidden, it projects PRC control over same Waters. This matter already litigated in Hague but since it was not what PRC wanted as outcome as they lost, they simply disregard. Fishing boats of PRC group together and then Ram and sink Boats from adjacent countries. India is now faced with an occupation by PLA regulars of Land belonging to India. PRC is not the innocent they portray themselves to be and much sentiment has shifted...
Ignored
SCS islands, you are telling the half truths propagated by US media. Vietnam has 28 disputed islands, phillipines 14 disputed islands and China only 8 disputed islands. The arbitration with only one party was a farce to begin with. You don't do an agreement with only one party.
India is a legacy of British colonial empire called British raj. And most of its border specially in the himalayan ranges are not properly defined even during british raj time. That is the reason why you see from time to time conflicting claims between China and India. There are two flashpoints - one in NE region called Tawang which was part of Tibet prior to Shimla agreement of 1912 which Qing China didn't sign. Another is in the disputed region of Kashmir where part is now occupied by pakistan, another part by India and by China.
China is not the villain you are trying to project but all the problems are legacy from history.
4
  • Post #17
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  • May 29, 2020 6:46am May 29, 2020 6:46am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting Micc23
Disliked
One announcement will be that Chinese graduate students who have been sponsored by the CCP will have their visa's revoked. The main job of these students is to steal American scientific and military secrets and technology and report back to the Chinese military. Of course American universities will oppose this because the Chinese government pays the students tuition and gives a lot of money to the academic institutions. This should have been done decades ago, in previous administrations. The question is why this should depress the stock markets....
Ignored
Actually its good for China as there will less brain drain.
1
  • Post #18
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  • May 29, 2020 6:48am May 29, 2020 6:48am
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 761 Comments | Online Now
Quoting mrlfx
Disliked
{quote} SCS islands, you are telling the half truths propagated by US media. Vietnam has 28 disputed islands, phillipines 14 disputed islands and China only 8 disputed islands. The arbitration with only one party was a farce to begin with. You don't do an agreement with only one party. India is a legacy of British coonial empire called British raj. And most of its border specially in the himalayan ranges are not properly defined even during british raj time. That is the reason why you see from time to time conflicting claims between China and India....
Ignored
Matey, I think you left out a few words in your last sentence, "all the problems are legacy from history and from america with its propaganda machine"

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  • Post #21
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  • May 29, 2020 7:13am May 29, 2020 7:13am
  •  Calin100
  • | Joined Jan 2019 | Status: Member | 46 Comments
This should be market discussions not F national/politic points of view from different country's
  • Post #22
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  • May 29, 2020 7:24am May 29, 2020 7:24am
  •  foto
  • Joined Jan 2007 | Status: Member | 1,852 Comments
Quoting mrlfx
Disliked
{quote} SCS islands, you are telling the half truths propagated by US media. Vietnam has 28 disputed islands, phillipines 14 disputed islands and China only 8 disputed islands. The arbitration with only one party was a farce to begin with. You don't do an agreement with only one party. India is a legacy of British coonial empire called British raj. And most of its border specially in the himalayan ranges are not properly defined even during british raj time. That is the reason why you see from time to time conflicting claims between China and India....
Ignored

Actions mean things.
My read of China is that it is an aggressive Imperial Power seeking to dominate Asia and beyond.
It acts only out of self interest.

The Land grab in India is precursor to seizing Water that has flowed to India and redirecting it to PRC usage. PRC is using Military as a Test of India resolve in defending its' own interests. Does anyone think PLA occupation of Border land is just for purpose of a Barbecue?

Modi can not back down as if he does then PRC next move will be after India's water resources.
If there is to be Military exchange then that is the Border where it will happen.

There is no dispute in South China Sea. That has been resolved by Hague decision. That International Court decision is then set aside by PRC shows they have no intent in abiding and living with the International order in Place since end of WW2.

This is basis of my read of PRC as an aggressive Imperial Power motivated only by self interest.
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  • Post #24
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  • May 29, 2020 7:50am May 29, 2020 7:50am
  •  CoolJL
  • | Joined May 2011 | Status: Member | 798 Comments
Quoting SangamAgarwa
Disliked
What if he talks angry about Hong Kong issue. That would be start of cold war. It will change direction of all currency pairs
Ignored
China has been raging quiet war for many years already.
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  • Momofrmnyc
  • Post #26
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  • May 29, 2020 8:50am May 29, 2020 8:50am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,128 Comments
Quoting Momofrmnyc
Hidden


Brace yourself for more..
CJ is a Believer. and a couple of others here, are also knee deep into 21st century McCarthyism.

One guy (still here -with literally dozens of CoCs) when issue of food security arose at beginning s of the C19 epidemic.. posted he had 6x chest freezers full of food.. and he had a gun.. so city slickers and lefties would never get his stash?

There are some seriously disturbed folk here.
1
  • Post #27
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  • May 29, 2020 9:03am May 29, 2020 9:03am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting foto
Disliked
{quote} Actions mean things. My read of China is that it is an aggressive Imperial Power seeking to dominate Asia and beyond. It acts only out of self interest. The Land grab in India is precursor to seizing Water that has flowed to India and redirecting it to PRC usage. PRC is using Military as a Test of India resolve in defending its' own interests. Does anyone think PLA occupation of Border land is just for purpose of a Barbecue? Modi can not back down as if he does then PRC next move will be after India's water resources. If there is to be Military...
Ignored
US has been in perpetual war with almost every country. It treats all its allies like vassals and underling eg France, Australia, Germany etc. If you want to say a country is aggressive imperial power, the honest answer is, its the US with 800 military bases around the world and threatening every country that does not toe US line on anything that US think as important. Coming back to China, tell me an instance where China started a shooting war in the last 40 years. So what is your aggression means! And China is not trying to impose its will on other countries like US do.
Land grab in India! Which area are you talking of. Actually India grabbed a lot of kingsdoms and nations that are now part of India eg Sikkim in 1970's. Or Kashmir, Junagadh, Goa, Travancore, Nizam etc. Actually there was no country called India before the British conquered most of the Indian sub continent or make kingdoms its tributary states.
There will be no shooting war between China and India simply because both countries are not for it. The incursions are more likely a kind of communications that does not need talking.
The hague tribunal was a paid farce by japanese and american puppeteers. It even called itself UN arbitration when UN itself said the arbitration has no relation with the UN. So, you see there is blatant lies too.
To end with, your read on PRC is heavily biased and does not see both sides of the viewpoint. Maybe you should look for facts and not opinions from China haters which US media is almost 100% are.
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  • Post #30
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  • May 29, 2020 9:42am May 29, 2020 9:42am
  •  Momofrmnyc
  • | Joined May 2019 | Status: Rolling in the Pippppssss! | 612 Comments
Quoting CoolJL
Hidden

Read the title of the topic. Does this have anything to do with Republicans/Democrats? Keep your opinions aside and respond to discussion. If you want to spew your political opinions get a podcast, use your social media, or any other avenue.
  • Post #31
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  • May 29, 2020 10:17am May 29, 2020 10:17am
  •  Maxthetrader
  • | Joined May 2019 | Status: Member | 631 Comments
Quoting RossEdwards
Hidden
Why not? Great leaders always have plenty of whiners and snivelers from people who claim to have all the answers. Now on another note, whats does your post have to do with trading?
  • Post #32
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  • May 29, 2020 10:18am May 29, 2020 10:18am
  •  Maxthetrader
  • | Joined May 2019 | Status: Member | 631 Comments
Quoting Momofrmnyc
Disliked
{quote} Read the title of the topic. Does this have anything to do with Republicans/Democrats? Keep your opinions aside and respond to discussion. If you want to spew your political opinions get a podcast, use your social media, or any other avenue.
Ignored
Practice what you preach before lecturing others!
  • Post #33
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  • May 29, 2020 12:47pm May 29, 2020 12:47pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 263 Comments
Quoting mrlfx
Disliked
{quote} Actually its good for China as there will less brain drain.
Ignored
It is very paranoid and ridiculous to think the Chinese students are here to steal that kind of info. I do agree that there is all kinds of technology being appropriated everywhere but its a lot cheaper/easier to just buy something and reverse engineer it than it is to send someone to U for a number of years in the hopes they might learn some secrets.
  • Post #34
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  • Edited at 1:22pm May 29, 2020 12:58pm | Edited at 1:22pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 113 Comments
Quoting mrlfx
Disliked
{quote} US has been in perpetual war with almost every country. It treats all its allies like vassals and underling eg France, Australia, Germany etc. If you want to say a country is aggressive imperial power, the honest answer is, its the US with 800 military bases around the world and threatening every country that does not toe US line on anything that US think as important. Coming back to China, tell me an instance where China started a shooting war in the last 40 years. So what is your aggression means! And China is not trying to impose its...
Ignored

That is why the world is a better place to live today as it was pre WW2.

China did a messy shooting war within its own border with the communist revolution, probably did not do it worldwide because too poor at the time and China is 55x the size of France, even the Romans wouldn’t have conquered a quarter of the world if Italy was the size of China...
How about your thoughts on the Tibet, ugur and labor (concentration?) camps ?
Now China, after decades of unloyal business is cracking down on HK breaching their agreement.

I have lived in Shenzhen for 8 years and witnessed first hand how the chineses were profiting by forking up most of the international trading rules. It was about time that someone go after them (and I am no Trump’s fan)
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  • Post #35
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  • May 29, 2020 1:24pm May 29, 2020 1:24pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 699 Comments | Invisible
What an idiot...he thinks he is the cure for China problem and for NK problems and Middle East but all he does is crash his own country's stock market. Want anything totally F'd up? Just hand it to him, he'll destroy it the way only he knows how to.
  • Post #36
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  • May 29, 2020 1:36pm May 29, 2020 1:36pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 699 Comments | Invisible
If you really want to understand the American mentality, here is a good movie to watch: https://www.imdb.com/title/tt0217505/

Not a whole lot has changed except that the stage is now international.
  • Post #37
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  • May 29, 2020 1:40pm May 29, 2020 1:40pm
  •  barkie
  • Joined Mar 2014 | Status: Member | 1,582 Comments | Online Now
Quoting OutThere
Disliked
If you really want to understand the American mentality, here is a good movie to watch: https://www.imdb.com/title/tt0217505/ Not a whole lot has changed.
Ignored
One flew over the cuckoo's nest is probably more appropriate
  • Post #38
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  • Edited at 6:15pm May 29, 2020 5:37pm | Edited at 6:15pm
  •  LDFX
  • Joined Jul 2012 | Status: Member | 113 Comments
I really don’t understand all these comments.

Trump is right, period, China is forking us all over.

They breached a very important agreement on HK, which was there for international peace, also China forked up every country in trade agreement.

Of course the end customers were happy about it because it is cheap and the real price to be paid was in long term Only. Great for consumers in the short term but catastrophic for the economy, so now you’re blaming Trump ?!

Manipulation of their currency.

Collusion of Chinese companies with transport companies that for years declared on any shipment less than 20usd to avoid vat taxes.

The selling of foreign counterfeit products totally legal in China.

Allowing the retailers/wholesalers/exporters to work without any registration (aka without taxes), aka cheaper and not fair.

Allowing them to have a company in HK without taxes because they operate «off shore» in China.

And worse of all, giving taxe rebates on exporter which is dumping.

All of these methods are called illegal by international standards, yet Trump is the bad guy ?!

My girl friend used to work in a company that was selling 17% under the cost price because they had 17usd rebate from the government on each 100usd sale, this is called dumping and is illegal.

But if you Americans think that the Chineses are the victims..
1
  • Post #39
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  • May 30, 2020 12:03am May 30, 2020 12:03am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting harcos
Disliked
{quote} It is very paranoid and ridiculous to think the Chinese students are here to steal that kind of info. I do agree that there is all kinds of technology being appropriated everywhere but its a lot cheaper/easier to just buy something and reverse engineer it than it is to send someone to U for a number of years in the hopes they might learn some secrets.
Ignored
US senator, Tom Cotton thinks Chinese students are stealing US intellectual property from US universities and should be banned. The only logical conclusion from this is that US leaders are trying to pick fight with China for any reason as long as it could contain China from surpassing US. The status quo is not acceptable to them as Chinese are thriving in the status quo.
  • Post #40
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  • May 30, 2020 12:16am May 30, 2020 12:16am
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting LDFX
Disliked
{quote} That is why the world is a better place to live today as it was pre WW2. China did a messy shooting war within its own border with the communist revolution, probably did not do it worldwide because too poor at the time and China is 55x the size of France, even the Romans wouldn’t have conquered a quarter of the world if Italy was the size of China... How about your thoughts on the Tibet, ugur and labor (concentration?) camps ? Now China, after decades of unloyal business is cracking down on HK breaching their agreement. I have lived in Shenzhen...
Ignored
Pre WW2! The world was like a shithole.. Actually before 1840 Opium War, China was the centre and pre eminent power in Asia especially east and south east asia that every country look upto. Qing and Ming China looks to Japan, Korea, Vietnam, and other countries as its tributaries and the relationships were cordial. The world has come a long way in many ways in terms of governance and trade and international rules since then.
Tibet and Xinjiang was part of China even before US was US. Even Dalai Lama is not asking for independence from China. The term dalai lama is a theoretic post of head of province given to Tibet after Tibet was incorporated to China. Uygur evolved to present turqo mongol (mixed eurasian) from purely mongol ethnics from ancient uygur that migrated from north China and mongolian region to present Xinjiang. So, my take is that both tibetan and uygur separatism are fanned and supported by CIA, NED, Radio Asia, and other US and UK organization in their plan to disintegrate China. Same like what is happening in HK. Next step likely for HK rioters is to have a independent HK exlle government in London like the exile tibetan government in India. Its a blatant support of separatism by US, UK, India etc to break up China in the name of democracy and freedom. Meanwhile Catalonia was suppressed brutally and not a single american or european condemn the spanish government or support the freedom of catalonia! Hypocrisy or self interests!
  • Post #41
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  • May 30, 2020 7:46am May 30, 2020 7:46am
  •  LDFX
  • Joined Jul 2012 | Status: Member | 113 Comments
Yes, like I said, pre WW2 was a shithole and without America, Europe would still be a shithole, either a Nazi or a communist shithole.

Saying that Tibet and Xinjiang was part of China does not make sens at all, a hundred years ago part of France, Poland and Austria was German, would it make sens now to call those regions separatist and justifying the detention in labor (concentration?) camp ?

Why is the Tibetan government in exil by the way ?

And yes in the name of democracy and freedom I hope that they are supported by «CIA, NED, Radio Asia, and other US and UK organization in their plan to disintegrate China«
  • Post #42
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  • May 31, 2020 10:41pm May 31, 2020 10:41pm
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting LDFX
Disliked
Yes, like I said, pre WW2 was a shithole and without America, Europe would still be a shithole, either a Nazi or a communist shithole. Saying that Tibet and Xinjiang was part of China does not make sens at all, a hundred years ago part of France, Poland and Austria was German, would it make sens now to call those regions separatist and justifying the detention in labor (concentration?) camp ? Why is the Tibetan government in exil by the way ? And yes in the name of democracy and freedom I hope that they are supported by «CIA, NED, Radio Asia, and...
Ignored
If you are so interested in giving independence to provinces and state of other countries, why not start supporting Kashmir, NE in India, Hawaii, Guam, Texas, California in US, Catalonia in Spain, Balochistan in Pakistan etc..
But US is only interested in China. Even a republican senator Scott Perry now is proposing a bill to recognise Tibet, Xinjiang, HK as independent countries! What does it tell you - US is a malicious and rogue nation out to harm and dismember China just because China is growing faster and faster and will surpass US.. Its not "live and let live" but "live and let die". No one can live as long as America is live and strong!
  • Post #43
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  • May 31, 2020 11:30pm May 31, 2020 11:30pm
  •  aquavox
  • Joined Nov 2012 | Status: Member | 274 Comments
Quoting mrlfx
Disliked
{quote} Tibet ... was part of China even before US was US. Even Dalai Lama is not asking for independence from China....
Ignored
very selective 'facts' Mrlfx.
The lineage of the Dalai Lama dates back to the middle ages ( in modern times) but the Tulku lineage is far older.
Tibetan independence existed for thousands of years well before the CCP ever came into existence and is well documented in un-adulterated Sino history.
the reasons China invaded Tibet were many fold:

1.they feared the religious base of the original kingdom, and would not tolerate its co-existence with their own ideologies
2.they wanted to take the mineral resources that Tibet is rich in.
3.they wanted the strategic launching platform that the Tibetan plateau offers for proximity and missile telemetry.
and quite a few others you need to find out for yourself.

please read the prehistory i.e. pre - CCP
you will be surprised.
  • Post #44
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  • Jun 1, 2020 9:40pm Jun 1, 2020 9:40pm
  •  Brendan777
  • | Joined Nov 2012 | Status: FX Noob | 43 Comments
If you kick out all the Chinese students in the US, you will have no other groups smart enough to do the research, the Jews won't take it up as there's more money in finance and entertainment. Caucasians are too busy trying to look good and/or killing those from the other political spectrum, plus most of them simply don't have the intelligence as a prerequisite (which encompasses blacks/latinos as well). So yea, kick them away, the US will simply fall further by the wayside...
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    Category: Fundamental Analysis
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  • Linked event:
    USD President Trump Speaks
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