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Month: January 2017

Can Trump Stop Manufacturing Jobs From Moving Overseas?

Automation replacing workers at manufacturing jobs

Over the last decades we have witnessed massive flight of manufacturing jobs from the United States, as companies were trying to take advantage of low cost labor in the developing countries. The practice of outsourcing, or moving production overseas, made perfect economical sense, stimulating international trade, increasing profit of corporations and reducing the price of …

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Chinese Electric Cars Are Posed Compete With Tesla

Qiantu K50 - Chinese Electric Car

China is preparing the production line for manufacturing a high-end electric car, Qiantu K50, presumably good enough to compete with Elon Mask’s Tesla. After unsuccessful attempts to compete in already saturated global automotive market with high quality reliable cars from American, European and Japanese manufacturers, China has introduced a government sponsored program to become major …

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Trump Border Tax and the Dollar Appreciation

Finance Investment Trading

The proposed ‘major’ border tax on goods, manufactured by the US corporations overseas is causing a lot of discussions. One of the commonly raised questions is whether the latest dollar rally is posed to continue, adding to disbalances in global economy. The dollar growth following the Trump election was based on expectations of policy changes. …

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Bitcoin Trading Volume Drops on Chinese Exchanges

Finance Investment Trading

Bitcoin trading volume drops on major Chinese Exchanges after transaction fees were reinstated. After many years of no-fee bitcoin trading, the major exchanges introduced a flat fee 0.2% per transaction. NEWSBTC reports: The one-hour trading volumes across most major Chinese bitcoin exchanges took a big hit. Earlier tonight, OKCoin’s volume dropped by 89% compared to …

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