Commentary Despite tensions between Beijing and Washington ratcheting up over the last five years, Wall Street firms have steadily increased their business footprint in China while carefully navigating the political whirlwinds. But recent events involving the two of the most important firms on Wall Street signal that the industry is resolute in making China its…
Wall Street Has Officially Thrown In Its Lot With Beijing
May 31, 2021
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South Korean Expert: Moon Jae-in’s Pro-US Statement A Result of Domestic Anti-CCP Pressure
May 30, 2021
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News Analysis A South Korean military expert has said it remains to be seen whether South Korean President Moon Jae-in’s stance toward the Chinese Communist Party (CCP) will change after his visit to the United States. Moon concluded his four-day visit to the United States on May 22. The two countries signed a joint statement that…
Home Inventory Remains Low in Strange Start to Home-Buying Season
May 25, 2021
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Analysisfirst-time buyersHouse Priceshousing marketinventoryLocal NewsLos AngelesOpinionOrange CountyRegional-Local NewsSan DiegoSouthern Californiau.s.USViewpointsWestern U.S.
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Commentary U.S. home prices continued to climb in March and have risen nearly 15 percent since the beginning of 2020. That is the takeaway of a U.S. housing market analysis by Standard & Poors, in conjunction with CoreLogic. The study was completed using a method advocated by Nobel-laureate Robert Schiller, which uses actual home price…
Hungary Embraces China’s Belt & Road, Undermining Efforts to Curtail Human Rights Abuses
May 25, 2021
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News Analysis As the free world unites to condemn and penalize the human rights violations and aggressive expansion of the Chinese Communist Party (CCP), one European country is moving against the tide. Hungary has demonstrated a firm pro-CCP stance in a series of recent events, after the European Union, the United States, the UK, and…
Blockchain, the Core of the CCP’s Digital Currency in Its Ambition for Global Hegemony
May 23, 2021
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News Analysis The Chinese Communist Party (CCP) has been pushing its digital currency project in recent years. The CCP’s central bank has been conducting research on digital currencies since 2014. In August 2019, a report by the CCP’s mouthpiece Xinhua News Agency said that the Central Bank’s Digital Currency Research Institute, established in 2017, had so…
The CCP’s Economic Coercion Tactics Against Australia Meet Its Waterloo
Coercive economic policy is one of the key means of the Chinese Communist Party’s (CCP’s) presumptuous wolf warrior diplomacy. Seemingly, the CCP has great favorable conditions for its retaliation against Australia.
The Meaningless Resolve to Achieve Equality of Results
Commentary Recently, the Australian federal government has been plagued with revelations of inappropriate sexual conduct by politicians and staffers in Parliament House. The uproar started with explosive allegations that a former Liberal staffer Brittany Higgins, had been raped in March 2019 in the offices of then-Minister of Defence Linda Reynolds. This terrible event resulted in…
Home Prices up 12 Percent Year-Over-Year
April 28, 2021
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Commentary Home prices in the U.S. increased in value during the past year at the fastest pace since the end of the 2006 real estate bubble that led to the Great Recession. Standard & Poors (S&P) compiled an index of home prices using an analytic framework developed by economic sciences Nobel laureate Robert Shiller and…
Program Offers Glimmer of Job-Creating Success
April 27, 2021
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Commentary A California-sponsored program to help companies fund employees has helped create 124,000 new jobs since the program began in 2013. Furthermore, the “multiplier effect” of those primary jobs led to about 1.7 times that amount in additional positions within the same geographic areas, totaling about 338,000 extra jobs. Through the California Competes Tax Credit…
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Proposed Tax Code Change Likely to Cause Higher California Rents
Commentary Southern California is expected to build 1.5 million new homes throughout the next eight years. That was the finding of a recent pronouncement by California’s department of housing and community development. Even so, President Joe Biden’s administration is proposing a change in the federal tax code that could severely limit the likelihood that such…