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China and India’s tech workers in Silicon Valley October 30, 2019

Posted by hslu in China, 特朗普, 美國, 習近平, education, Trade, Trump, 中國.
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Why China’s tech workforce can’t gain traction in Silicon Valley

by Mark Magnier; Inkstone

https://www.inkstonenews.com/tech/why-chinas-tech-workforce-cant-gain-traction-silicon-valley/article/3035536

 

I thought the article is fair and quite balanced and it spells out the weakness of China’s tech workers who are trying to make it in the U.S.

I agree with many points mentioned in this article on China’s tech workers not able to make it in Silicon Valley as well as their Indian counterparts. I believe specifically that these Chinese tech workers are Chinese students who came from China, graduated from American universities and worked primarily for software companies in the Valley. I’ll go one step further and say that what this article addresses about Chinese workers more or less happens in other industries in America too.

China’s rise threatens America’s leadership position in the world which makes American companies’ CEO, majority of them white males, nervous. Trump’s trade war and immigration policy don’t help either.

Most alarming to me is the facts that, I quote “Students, professors and researchers of Chinese descent face growing suspicion as potential spies.”

What democracy can do for you? September 19, 2019

Posted by hslu in China, 美國, Democracy, Economics, Social Issues, Taiwan, Trade, Trump, 台灣, 川普, 民主, 中國.
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When prosperity trumps demands for democracy

http://flip.it/eBAqsb

In the U.S., democracy gave Americans Trump and white supremacy after Obama took the country to the extreme left. Bush Jr. invaded Afghanistan and Iraq to look for WMD. Clinton gave Americans a blue dress to remember.

Democracy split America right in the middle and left huge debt to be paid by future generations.

In Hong Kong, democracy gave the city a black eye, riots on the street, months of civil unrest and a doomed future.

Some people in Hong Kong took their anger to the street not because they don’t have freedom of expression.which they obviously do, but because their hopes for a better life were gone.

The problem was not a political one but an economic one. These protesters should blame the 2009 financial crisis started by the U.S. which gave the world unprecedented inequality, rising equity and real estate markets.

Long road ahead but patient will pay in the end July 1, 2019

Posted by hslu in China, Technology, Trade, 中國.
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Amid U.S. tech squeeze, China’s Tsinghua Unigroup forms new DRAM chip unit

http://flip.it/d8Ybly

紫光集團應該會三緘其口,埋頭苦幹。前車之鑑乃後車之師。現在是韜光養晦,急起直追的時候。等自己能做出來,再看情形。

想要打進95%的市場佔有率絕對不是一件簡單的事。紫光應該知道要多少年才能達到自給自足的地步。兩三年以後再說吧。

Nationalistic tide in China will rise June 7, 2019

Posted by hslu in China, Cold War, 特朗普, 美國, 習近平, Economics, Trade, Travel, Trump, U.S. Foreign Policy, 川普, 中國.
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Lenovo branded ‘unpatriotic’ by Chinese consumers in nationalistic backlash

http://flip.it/V96ljK

American companies which will take the first hits are Apple, Boeing and GM. Other notable American companies such as Starbucks, McDonald’s and Pizza Hut, will suffer too. Their revenue will drop and EPS will take a hit. Stock market will take notice because recession is not very far away.

Chinese tourists to the U.S. will decrease. Chinese students studying at U.S. universities will gradually drop.

Buckle up. Things will become very ugly in a hurry.

The Unintended Consequences of Trump’s Tariffs March 7, 2019

Posted by hslu in 美國, Economics, Trade, Trump, U.S. Foreign Policy, 川普.
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The Unintended Consequences of Trump’s Tariffs

http://flip.it/cFgD9s

Trump’s trade wars against the world haven’t done well so far according to last year’s trade deficit figures and it was the poor Americans who have been paying for the higher import prices.

Sadly, they have no one but Trump to thank for especially those who voted him into the White House.

A panel discussion on global financial risk at Davos January 23, 2019

Posted by hslu in China, 美國, Economics, Renminbi, Trade, U.S. dollar, 一帶一路, 中國.
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https://www.bloomberg.com/news/videos/2019-01-22/dalio-weber-on-rethinking-global-financial-risk-davos-panel-video

 

 

 

A Chinese financial regulator, a professor on macroeconomics, a hedge fund boss and a world-class bank CEO discussing global financial crisis with heavy emphasis on China.

An eye-opening panel discussion.

Is the day of reckoning just around the corner? September 11, 2018

Posted by hslu in Congress, Economics, Election, Globlization, Japan, Middle East, Oil, Russia, Stocks, Trade, Trump, U.S. Foreign Policy.
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Why America’s Sub-4% Unemployment Rate Means A Recession Is Not Far Off

http://flip.it/wP8omv

Signs of danger are abound everywhere you look. Here are ten of them:

1. 4% Unemployment rate,

Source: Forbes

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2. Inverted yield curve,

Source: Forbes

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3. High stock market capitalization to GDP ratio,

Source: Forbes

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4. Rising federal funds rate,

Source: Forbes

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5. Reduced liquidity: The Feds has changed from QE to QT and almost all central banks around the world are pulling funds from the economies,

6. Trump’s trade wars against the world. China has vowed to fight back and Japan is Trump’s next target,

7. Turmoils in just about every corners of the world many of them instigated by Trump’s foreign policy,

8. Potential of House flipping back to the Democrats and the endless inquiries and investigations against Trump and his policies,

9. Higher oil price due to increasing demands and U.S. sanction against Iran,

10. Passive investments in ETFs poses a danger to the market when herd metality prompts investors to sell their holdings in droves on the first sign of market instability.

The end of dollar hegemony is near August 27, 2018

Posted by hslu in China, 石油, 美國, Economics, Energy, Oil, Russia, Trade, Trump, U.S. dollar, 川普, 中國.
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Source: Yahoo News

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http://flip.it/DMljla

The unintended consequence of U.S. sanctions against Russia, Iran, Turkey, China and many other countries, companies and individuals in the world is the rise of Renminbi as an alternative to U.S. dollar in global trades.

The U.S. sanctions forced these nations to come up with a new “SWIFT” system to move money without the use of the current SWIFT network which is controlled by the America.

Trump initiated the sanctions against the world and China’s currency received wider acceptance.

因果報應啊。

Another thing which reduces the global demand of the U.S. currency is, strangely enough, the rise of the shale oil production in the U.S. As America produces more from tight formations, oil imports from foreign countries is reduced by as much as 6 million barrels every day. At roughly $70 per barrel for WTI, that’s a reduction of $420 million of U.S. dollar in global commodity trades every day.

And what might be the consequence of that? It is hard to say now but it will happen when people are least expected.

Yet Trump wants higher tariff on $500 billion Chinese imports August 23, 2018

Posted by hslu in China, Trade, Trump, 川普, 中國.
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Simply put, Trump is either stupid or out of his mind because he’s picking a fight where the real losers are American people many of them Trump supporters.

Thanks to Trump, these mindless, easily manipulated and poorly-informed American people will end up paying more for their daily needs when they shop at their local Wal-Mart stores, Target, Costco, Home Depot, Macy’s and funeral houses by late September.

These people cheered Trump when he needs a lift after beaten up by liberal media. In return, Trump gives them a lousy deal no matter how Trump and Sanders spin it.

If these same people want to buy a wedding gown after tarrif kicks in, they have to pay more.

If these people want to buy a MAGA ball cap or a pro baseball jersey after Trump’s tarrif kicks in, they have to pay more.

If they need an American flag to celebrate the July 4th after Trump’s tarrif kicks in, they have to pay more.

If these people want to buy a big screen TV after Trump’s tarrif kicks in, they have to pay more.

If these people want to buy Halloween costumes and Christmas lights after Trump’s tarrif kicks in, they have to pay more.

If these people want to buy baby clothes for their grandkids after Trump’s tarrif kicks in, they have to pay more.

What’s gonna happen is that these people will get up early on weekends and they will hit as many garage sales as they can to get what they need instead of buying them new at the department stores.

Sales will drop. Jobs will disappear. Unemployment will rise. The U.S. economy will suffer. Welfare will increase. Deficits will go up. Trump will lose in November.

Fortunately, prices on turkeys this Thanksgiving will remain the same because as far as I know, China doesn’t sell turkeys to the U.S. at all.

However, a reality will remain the same even after Trump’s tariff on China takes effect: very few American companies make caskets in the U.S. these days despite 11 million illegal immigrants in the U.S. In fact, majority of the coffins used in the U.S. come from China.

So, a bit of friendly advice is in order: buy coffins before Trump’s tariff kicks in to save on the funeral expenses.

If you don’t have the need before September, buy a cheaper coffin instead because the funeral parlors, like the wedding service providers, have already made a killing on dead people anyway.

We all know that cheaper coffins have a lower profit margin as compared to a copper one. But the rich owners of the funeral homes will not lose any sleep over that at all. Their business will remain the same even after Trump’s tarrif on China kicks in.

Fighting trade wars with tax money August 18, 2018

Posted by hslu in Trade, Trump, U.S. Foreign Policy.
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This is how Trump is using the tax money to fight the trade wars and buying him votes at the same time.

Source: NYT

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While the farmers’ votes are secured for the Republicans, you, the tax payers, are paying more for Ag products.

Now, you know who got screwed.

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