WINNING: Home Depot says suppliers are moving manufacturing out of China

“I’m not aware of a single supplier who was not moving some form of manufacturing outside of China,” said Ted Decker, executive vice president of merchandising. “So we have suppliers moving production to Taiwan, to Vietnam, to Thailand, Indonesia and even back into the United States.”

https://www.cnbc.com/2019/08/20/home-depot-says-suppliers-are-moving-manufacturing-out-of-china.html

Turmoil at mega-bank HSBC tracks with cresting of Hong Kong, UK/Brexit, and Epstein dramas – Liberty Unyielding

The bottom line, however, is the appearance of a shadow “war” of some kind occurring – or, if not a war, at least an operation, with an apparent retreat and reorganization of forces underway.

The major collateral threads are the charges against Jeffrey Epstein, the ascent of Boris Johnson as leader of the Conservatives in the UK, and the increasing woes of China.  Each of these threads bears tremendous portents for the future.

Whether China can stay the current course Xi Jinping has her on, and what the cost of that would be for China and the region – and indeed the world – hangs in the balance at this moment.

Source: Turmoil at mega-bank HSBC tracks with cresting of Hong Kong, UK/Brexit, and Epstein dramas – Liberty Unyielding

The non-coincidence of Russian-Chinese strategic air ops, missile launches by Iran and N. Korea, and a Persian Gulf security freak-out, all the same week – Liberty Unyielding

If you went by Western media coverage, you’d ignore the fact that Iran test-launched a Shahab-3 ballistic missile on, specifically, Wednesday, 24 July 2019, and North Korea test-launched two missiles seemingly similar to the Russian Iskander ballistic missile on, specifically, Thursday, 25 July; and you’d probably imagine that the missile launches were spontaneous, unrelated cosmic rebukes of Donald Trump’s policies on Iran and North Korea, which the Western media don’t like.

You would certainly ignore the fact that on Tuesday, 23 July, the day before the first missile launch, Russia and China conducted a joint strategic power demonstration with bomber flights in the Sea of Japan (East Sea), clearly intended to target the will and purpose of South Korea, while rattling Japan’s cage as a collateral benefit.

Such is the strange cognitive framework you would inhabit if you went by Western media coverage.

Source: The non-coincidence of Russian-Chinese strategic air ops, missile launches by Iran and N. Korea, and a Persian Gulf security freak-out, all the same week – Liberty Unyielding

Chinese newspaper editor Hu Xijin: “China didn’t change its position”

Guess he didn’t get the memo…

“China called last night our top trade people and said ‘let’s get back to the table’ so we will be getting back to the table and I think they want to do something. They have been hurt very badly but they understand this is the right thing to do and I have great respect for it,” Trump said.

https://www.cnbc.com/2019/08/26/chinese-newspaper-editor-hu-xijin-china-didnt-change-its-position.html

Protesters In Hong Kong Tear Down Facial Recognition Towers As Violence Escalates

Hong Kong protesters cut down a “smart” lamppost used for facial recognition, according to ABC News Australia, and police officers fired tear gas at large crowds this weekend as anti-government protests continue.

https://www.realclearpolitics.com/video/2019/08/25/protesters_in_hong_kong_tear_down_facial_recognition_towers_as_violence_escalates.html

China social credit system, punishments and rewards explained – Business Insider

The Chinese state is setting up a vast ranking system that will monitor the behavior of its enormous population, and rank them all based on their “social credit.”

The “social credit system,” first announced in 2014, aims to reinforce the idea that “keeping trust is glorious and breaking trust is disgraceful,” according to a government document.

The program is due to be fully operational nationwide by 2020, but is being piloted for millions of people across the country already. The scheme will be mandatory.

Source: China social credit system, punishments and rewards explained – Business Insider