Podcasts about Mainland China

Geopolitical area under the jurisdiction of the People's Republic of China

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Best podcasts about Mainland China

Latest podcast episodes about Mainland China

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Sep 19, 2022 32:00


Changing the Rules
E: 121 Living a Happy Life and a History of Sports, Guest, Ying Wushanley

Changing the Rules

Play Episode Listen Later Sep 14, 2022 30:57


Transcription:Intro  00:03Welcome to Changing the Rules, a weekly podcast about people who are living their best lives and advice on how you can achieve that too. Join us with your lively host, Ray Lowe, better known as the luckiest guy in the world.Ray Loewe00:19Good morning everybody, and welcome to our brand new studios in Willow Street, Pennsylvania. And we have our super engineer today, Steve Wright. And I like it when Steve is on the board, because he's a fellow swimmer, and he somehow boosts my energy level when he does this stuff. So we're gonna get a super performance, and his job is to make us sound good at the end. And I want to remind everybody that the purpose of our broadcast is we talk to one of the luckiest people in the world each week. And the luckiest people in the world are those people who take control of their lives and take control of the direction and live their lives under their own terms. And we call the show Changing the Rules. And you know, throughout our lives, we're given all of these rules by everybody else. Our parents give us rules, the school gives us rules, the government gives us rules. You know, everybody is out there telling us what we're supposed to do and what we're not supposed to do. And I think it was Steve Jobs, the Apple guy, who came in and said, you know, when you're living your life under somebody else's rules, you're not living your life, you're living somebody else's. So we have a gentleman today who certainly is one of the luckiest people in the world. And you're going to find out that the luckiest people in the world are also the most interesting people in the world. And Ying Wushanley, and what a great name. And you're gonna get the history of his name, too, as part of the process over here. And I met Ying in a swimming pool. He's a fellow competitive swimmer, he's a very, very good master swimmer. And we met him not too long ago when we were trying to qualify for next year's Senior Games. And I found out that Ying is recently retired as a full professor from Millersville College and he is embarking in the next third of his life. And he's going to be doing some exciting things, but he's done some really exciting things in the past. Ying has been an expert on the history of sports and his journey is an incredible one. Ying, welcome to Changing the Rules. Let's start with your expertise, is that alright with you?Ying Wushanley02:46Sure, yeah. Well, thanks for having me on the program. My expertise, I'm a trained sport historian. Most people have never heard of a historian who is focused on sports, but there are many out there.Ray Loewe03:08Well, let me start with a couple of specific questions. You know, one of the things that we deal with all the time in sports are the Olympics. Okay. And we had a conversation earlier and we were talking, I was under the impression that the Olympics have changed. That we went from being an amateur sport group over here to very much today professionals taking over the sports and I found out that's not true, is it?Ying Wushanley03:37Not in ancient time, the ancient games were the athletes were what we term as true professionals because they do their best and they will make a good living based on their athletic prowess.Ray Loewe03:57So the ancient Olympians were paid in fact?Ying Wushanley04:00Yes, paid big time. Yeah, like tons of olive oil, or free meals and they could dine everywhere. That's, that's pay. Well, they may not have gotten the currency also, but the name recognition will enable them to live a very wealthy life.Ray Loewe04:23And that has gone on for almost forever, right? When we started the modern Olympics, when did the modern Olympics start?Ying Wushanley04:31The game, the first game actually took place in 1896. But in 1894 the International Olympic Committee was formed. At the time, there was an idea of amateurs because it was supposedly based on the ancient idea of amateurs, even though in reality there wasn't such a thing. But it was based on a bunch of social elite who wanted to create this upper-class idea of amateurs. Meaning you don't play for money, you play for the love of sports.Ray Loewe05:11But the only way they could do that is because they were part of the wealthy elite, and they had the money to be able to train and do whatever. Ying Wushanley05:16Yeah, who can afford to be a very good amateur athlete if you don't have money?Ray Loewe05:20Okay, so now we can understand where we've gone all of these years. And today, it's very much not the amateur that rules the Olympics. Ying Wushanley05:30No, because the amateurs won't be good enough to compete there.Ray Loewe05:34Okay. So, while we're on the subject of the Olympics, I often wondered, why would any city in their right mind want to sponsor the Olympics? I mean, do they make money doing these things?Ying Wushanley05:47Well, it's for recognition. Politicians would like to bring attention to their corner of the world, especially say if you're from Brazil, from Australia, and how do you bring people to your corner of the world? So using Olympic Games as a major attraction, of course, certain cities have benefited financially, but many cities don't. And that is why today because the bidding is so expensive, many cities decided to quit because after all if you have more than 5 or 10 cities bid, only one will be chosen. And the preparation will cost so much money. And eventually, you're still not chosen and you've wasted a lot of money. Even the chosen ones, not too many of them make a big profit. But on the other hand, it's hard to measure because the legacy will be there, you had  the honor to host the Olympic Games. Ray Loewe06:57So national pride comes into play. Okay, so that gets me into the next question. And again, I had the ability to talk to you about some of these. So I sound smarter, knowing the right questions than I actually am. But, let's talk about national anthems and sports and give us a little insight into the importance of national anthems. You know, we've all gone through this change and what's going on where athletes now rebel against national anthems? But there's a history here and a tradition. So, why do we play national anthems? What goes on, what's the importance of all of these things? Ying Wushanley07:42Well, it started as an accidental event, I think, during the 1918 World Series of baseball, and after the seventh inning stretch that the band, they played some music, including the Star Spangled Banner, which got spectators excited. And the manager or whoever the organizer was figured out for the rest of the series, we're going to start playing that music to get the fans involved. And that was the beginning of that tradition. And traditions, sometimes they're welcome, sometimes not, including many of the baseball franchise owners, they decided, you know, we're here to play sports. Why do we have to play music? You know, it makes sense at the championship to play it, make it more formal and more,  respectful. But for every game to play this does not seem right. Well, you know, the baseball history as well as American sports history always goes along with the time. And oftentimes we have nations in war and patriotism plays very important role when you are in the war. And somehow we always need patriotism, patriotism would be something that the national anthem will symbolize and epitomize our national unity. So, that became a tradition first in baseball, then in other sports. But for many, many decades, it wasn't that big a deal until, I think more recently, the Persian Gulf War, the Desert Storm operation in 1991, then of course, the 911. 911 after 2001. With artists like Whitney Houston doing a rendition of the national anthem, it became so popular at the time, it was ranked in the top 20, and the second time in the top 10 of the most popular charts. So, it's very common then from an outsider's point of view, it seemed to be very strange because we can understand playing the national anthem at the Olympic Games, when you play against Italy, against France, against Japan. So, both team's national anthems will be played. But here in this country, every sporting event, even at high school level, or even, you know, little league baseball, there's always the national anthem. And oftentimes the media likes to portray it as every time we play sports, we honor the people who protect our freedom because we have the privilege to enjoy the freedom we can play sports. Some of my students say that other countries don't have this freedom, which is quite naive. Ray Loewe11:04Yeah. Wow. I mean, you know, you don't think about these things. And I guess this is the advantage of being able to study sports and of being a sports historian. I'm gonna want to talk quite a bit about this Title 9, because I know that you spend a lot of time writing about that. But before we do that, let's backtrack and let's talk a little bit about your journey here, which I think is an extraordinary one. So you grew up not in the United States, you grew up where?Ying Wushanley11:35In China, in the People's Republic of China, the mainland China. There's another China called the Republic of China, but the Chinese government, Mainland China does not recognize it. That's why there was a big fuss about Nancy Pelosi's visit to Taiwan recently, because communists believe it's part of mainland China, even though in reality it isn't.Ray Loewe12:04So you grew up being raised by two women, is that correct?Ying Wushanley12:10That's right, mainly because my father was a high military officer, officially. And in the nationalists coming down, you know, you heard of Chiang Kai-shek, who was the head of the nationalists before 1949, when the Chinese Communist took over China, the mainland, so the nationalists fled to Taiwan, which is where they still are until today.Ray Loewe12:42Okay, and so your father basically was put in jail because he was on the wrong side?Ying Wushanley12:48Yeah, more than 32 years altogether from 1950 to 1985.Ray Loewe12:56Wow. Okay. And you were raised by two women, and what was the effect that they had on your life? I mean, here you are, you're very much into sports, you're very much into things that you would think Dad would do, right?Ying Wushanley13:10Yeah, that's right. Even though my dad was quite athletic, but my mother was much better athlete. I would say she is all an around athlete and in almost every sport, she could get her hands on. But she even flew glider in late 30s and early 40s, so at the time that Amelia Earhart was flying around the world.Ray Loewe13:36Okay, so you grew up, you went to college in Shanghai?Ying Wushanley13:42Yes, that was after the Cultural Revolution ended, from 1966 to 1976 under Mao Zedong. And there was no college in China for 10 years officially. Not the normal university. The university was running but the students were not academically selected. But Deng Xiaoping in 1977 revived higher education. So I, at the time I was working out of a state-run farm in the outskirts of Shanghai. So I had the opportunity to take the entrance exam and became the first  member of a first class of university students. I was playing soccer before I went to the farm, but because of my family's political background, I could not continue.Ray Loewe14:36Okay. So you when you got your degree, or what did you major in Shanghai?Ying Wushanley14:42I majored in physical education at the Shanghai Normal University and then after graduation, I started teaching as a physical education instructor at the Shanghai Foreign Language School. It's quite a prestigious school in Shanghai, in China today, it still is. And after six and a half years teaching there I came to the United States.Ray Loewe15:09All right, so what motivated you? You know, how did you get here? Ying Wushanley15:13Mostly I was trying to escape the political persecution directly or indirectly because of my family's background. And my brother, my older brother, was at the time the leader of the pro-democracy movement in China.Ray Loewe15:30Okay, well, we'll catch up with your brother in a minute. Okay, so you came here, and you went to the West Coast of the United States?Ying Wushanley15:38Right, I was admitted by three institutions. Washington State University, Chapel Hill in North Carolina, and Purdue. But the Washington State admission came first and I grabbed it right away. I didn't care which school I was going to, I'm leaving China. That was most important for me.Ray Loewe16:01Okay. And you were here, now your mother, your aunt, the rest of your family is still back in China at this point in time?Ying Wushanley16:08Yeah. That's right.Ray Loewe16:09All right. So here you are, you're on the West Coast and you picked a major, and what did you choose to major in to get your Master's degree?Ying Wushanley16:16Masters in physical education, the focus on sport administration at the time it was called.Ray Loewe16:22Okay. And you were saying you had a friend there that caused you to then move to Pennsylvania?Ying Wushanley16:28Pennsylvania, Penn State, I was admitted as a graduate doctorate candidate.Ray Loewe16:36And you came here and you're still in education, still in physical education to a large extent, but you're also majoring in sports history.Ying Wushanley16:46Yeah, the department is Exercise and Sport Sciences. But my focus was history of sport and physical education. Ray Loewe16:57Okay. So now you are a doctor. Dr. Wu at the time. Were you married at the time?Ying Wushanley17:05No. We were married in 93 when I was still at Penn State,Ray Loewe17:12Okay. Now, to show everybody what a renaissance man you are here and what an equal rights person you are here, let's talk about your name and talk about your bride and talk about what happened here.Ying Wushanley17:25My wife's name was Geraldine Shanley, my name was Ying Wu Woo when we met and before we got married, though when we got married as well. But we became naturalized and became American citizens in 1999 and my wife in 2000. And when we did the official paperwork and we had the right to choose, to decide our name, so we chose on these names. Actually, our first daughter was born with the name we decided so we created a new name, Wushanley. Shanley is Irish and from the county Leitrim, and Wu is a more common Chinese name.Ray Loewe18:16Okay, so how many Wuhanley's are there now? Ying Wushanley18:20Four.Ray Loewe18:20There are four of you in the whole world.Ying Wushanley18:22That's right. Yeah, my wife and me and our two daughters. Yeah.Ray Loewe18:27Okay. Well, this will explain to a large extent why you spent so much time talking about women's sports and Title Nine and, and getting into all of that stuff because we have with us a true Renaissance man here, ladies. I mean, you're gonna want to know this guy. But talk to us a little bit about Title Nine, what it did for women and what it didn't do for women.Ying Wushanley18:51Okay. Well, Title Nine we should know, this year is the 50th anniversary of the passage of Title Nine of the Education Amendments of their act in 1972. So it's the 50th anniversary now. What Title Nine intended was to eliminate all kinds of the sex and discriminations in education activities where the institution received federal financial aid. So for example, Millersville University, not Millersville College anymore, receives any form of financial aid from the federal government, that law applies to Millersville. Basically, most universities and colleges in the country need to be in compliance. The intent of the Title was to change history in terms of opportunities previously and think about in your time even more that not too many women got the opportunity to go to law schools, to engineering schools, to medical schools. But nowadays, if you look at, it's almost half half, and that's the biggest intension. Now, most people think on Title Nine as related to athletics, so I will deal with athletics. Probably it wasn't even in the mind of the people who proposed that law, but it became manifested in athletics, because discrimination in terms of ability, you know, athletic sports is most reflective in terms of how one is discriminated. Well, we have separate men's and women's sports teams or competitions for good reason. Because physically or physiologically, there's a significant difference, you cannot compete together. If you put them together, then not too many women will make the men's team, at least as of now, because the ability. And that's why Title Nine affected college athletics the most. What did it do? It did a great thing to women's athletics because for example, the University of Maryland before Title Nine, the budget for athletics was like 99% went to men's and 1% went to women's if that much. Today, the budget probably is still not equal, but much closer. The program for example, at Millersville, we have probably 21 or 22 teams, and 12 - 13 - 14 are women's teams, for the reason of having equal or close to proportionally the ratio that represents the student body because Millersville is probably 53% women. So the good thing it did is it increased the opportunity for women to compete in college sports. What it did in terms of what perceived as damage to women's control of intercollegiate athletics is because before title nine women had total control of their entire women's college sports. It was separate from the men's, men's under the NCAA, women's under another organization called the AIAW Association for Women's Intercollegiate Athletics.  And now, after Title Nine, the NCAA started to offer opportunities to both men and women because most institutions didn't want to have within Millersville, for example, have a separate department athletic department for men, for women have different rules. And the different rules is the problem. You can be sued for not treating your students equally. So after Title Nine, most universities will merge the departments, men's and women's, into one. And you can guess easily if those merge, who would be the athletic director most likely. Because men used to have this and just our society is still a male-dominated society, even today. But then women did not have control anymore, because, before Title Nine, they had total control, they don't have to deal with men, they will not allow men to come into coach or to be the director. Now, Title Nine says you cannot discriminate anyone. And the people often think, you cannot discriminate anyone, you cannot discriminate against a woman, you cannot discriminate against the man either.Ray Loewe23:56But it's changed the way sports laid out because today you see the big colleges, universities dominating women's sports. I remember days back when we had a little school right outside of Philadelphia over here that just absolutely dominated women's basketball.Ying Wushanley24:14Yeah, Arcadia University. Yeah, they won the first two national championships on the AIAW.Ray Loewe24:22So, you get some good things and you lose some good things.Ying Wushanley24:25Well, it depends on how you see it. The AIAW wants to have combined organization, have 50-50 share of the power. The NCAA being it's so dominant in terms of its tradition, power, and its financial resources, they wouldn't want to share. I know it's not right but it's also kind of logical and you can understand a big company merges with a small company and all of a sudden these two companies have to share exactly the resources, probably it won't happen.Ray Loewe25:02All right, unfortunately, we're getting near the end of our conversation here. And I want to get back to one more important thing in your life. I think what you've been able to show us to a large extent is, here you are, you're in China, a place that you want to get out to. You came to the United States, we can almost say you escaped, right? And, you built a life for yourself that's exciting, along things that were enjoyable to you and interesting. And if Ying can do this, the rest of us can do this, too. We just need to know where we want to go and what we want to do. But there's another element here that I want to make sure everybody knows about, and that's your brother. So, your brother stayed behind in China when you left? And what was he involved in and what happened to him?Ying Wushanley25:56Well, he was involved in the pro-democracy movement in China, started in the late 70s. And he became a leader once he got involved. So he's devoted to human rights and democracy in China. Of course, it wasn't easy. But he was detained, put into prison labor for four years from 1980 to 84. And I came to the States in 1988. At Washington State and Penn State, and then I started teaching at Ithaca College. And, you know, my mother died in 89 unfortunately. And my father was living with a relative after he was released for various circumstances. So my brother was the only one, the only person I really know, and I was concerned about his well-being. So I said, you can continue your pro-democracy movement. But I feel much more comfortable if you can come to a country where you have more freedom to do it. And so I don't have to have nightmares every night. So he agreed to come. So in the summer of 1994, just about when I was going to start at Ithaca College, he decided to come. I enrolled him in the English program for second language, foreign language at Penn State, then he hopped onto the plane, but did not arrive in JFK where the local media, or the Chinese media, was waiting for him because they knew he was coming. So he disappeared. And for 11 days, we didn't know his whereabouts. He did not hop onto the Korean airline where he was supposed to board. 11 days later, the Chinese authorities admitted they had him just for interrogation, didn't want to let him go, just because there are some unsorted issues. I started campaigning in the State College with my advisors, families, and friends, and it became an international campaign to rescue him. Eventually, the President of the United States at the time, Bill Clinton, and every senator was involved. Hundreds of representatives involved in terms of demanding, writing letters. Media like the BBC. Reuters News, New York Times, Philadelphia Inquirer, I remember all those media interviewed us reported. I made it big just because I know what happened in China for political prisoners, they can disappear and you never find out where they went. I wanted the world to know so that he wouldn't disappear. And that seemed to have worked and I was told indirectly that I should not continue this campaign because it wasn't good for the image of China. I said, all I want is for you to release him and I will stop my campaign. And 50 days later, they sent him onto a United Flight and told him never to go back to China again. And he hasn't.Ray Loewe29:27And he lives now, he's on the west coast in the United States? Ying Wushanley29:31Oakland. Yeah. Ray Loewe29:32And a happy ending.Ying Wushanley29:34Yeah, he's okay. He still lives happily there. Well, he lived in Ithica for a while, but after the first winter, he figured that's not what he liked. Because he had meetings in San Francisco, he liked the weather they had. So he likes comfort as well.Ray Loewe29:49Well, you know, thank you for being with us. You know, we're over our time limit so we're going to have to end this but again, Ying Wushanley, a Renaissance man, one of the few people you'll ever meet that combines names with his wife. And thanks for sharing the history of sport with us, and I can see why you get excited about it. And we'll continue to see you in the swimming pool. And just, you know, thanks again for being here. You're obviously one of the luckiest people in the world. And thanks again. Steve, sign us off, please.Outro  30:32Thank you for listening to Changing the Rules. Join us next week for more conversation, our special guest, and to hear more from the luckiest guy in the world.

Inside The War Room
What is China's next move?

Inside The War Room

Play Episode Listen Later Sep 14, 2022 35:09


On today's episode, I had the pleasure of having Tyler Johnson co-host and guest General Rob Spalding to chat about what moves China has been making and what we might see them do soon. Links from the show:War Without Rules: China's Playbook for Global DominationStealth War: How China Took Over While America's Elite SleptConnect with General Spalding on TwitterSempreConnect with Ryan on TwitterTyler Johnson on Inside the War RoomThe Way of The Laowai: The Importance of International Self-Awareness for BusinessesAbout my Guest:Rob Spalding is a national security strategist and a globally recognized expert on Chinese economic competition and influence. He retired from the US Air Force as a brigadier general. He is a former pilot of the B-2 Stealth Bomber, as well as former director for strategic planning at the National Security Council in the White House. He was the chief architect for the widely praised National Security Strategy.Rob has lived in Mainland China, both as an Olmsted Scholar and as the senior defense official at the US Embassy in Beijing, and traveled extensively throughout Asia. He is fluent in Mandarin. During the 2016 UUV Incident, Rob averted a diplomatic crisis by negotiating with the Chinese PLA for the return of the UUV, without the aid of a translator.Rob is a Life Member of the Council on Foreign Relations, and a Senior Fellow at the Hudson Institute, Washington, D.C.STEALTH WAR: HOW CHINA TOOK OVER WHILE AMERICA'S ELITE SLEPT is an executive summary of the last six years of Rob's effort to combat the influence of the Chinese Communist Party in America and around the world.About my co-host:Tyler Johnson began as a temp employee for Dell before working his way up to an executive position, and eventually leading a $1 billion Asian business unit. During his decade as Managing Site Director for Dell in Shanghai, he traveled throughout China, India, South East Asia, Australia, and Japan. Tyler has worked with some of Asia's largest tech firms and has more than twenty years of experience with Fortune 50 executive leadership across the U.S. and Asia. He continues to work in the technology industry and lives in Austin, Texas, with his wife and three kids. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit dispatchesfromthewarroom.substack.com

China Watch Radio
China’s Growing Alliance Network

China Watch Radio

Play Episode Listen Later Sep 9, 2022 107:19


As the Solomon Islands recently denied a port call to US warships, Cambodia seems to be joining the Belt and Road initiative and Nicaragua has seized the Taiwanese Embassy and handed it to Mainland China. In this context, our team of China Watchers discusses what strategic acquisitions China needs most to assert its growing hegemony.

Property Report
Around The Table With The Judges: Asia Property Awards (Mainland China, Hong Kong, Macau)

Property Report

Play Episode Listen Later Sep 8, 2022 41:09


With the developers' improving quality of projects year after year, we ask the judges how they choose a winner in case the entire panel is torn between two candidates.

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Sep 5, 2022 32:00


Motivational Quotes for true Happiness words of love to Empower you with positive Vibe
3.09.2022 Happy welcome to daily #GlobalPrayerChain to Save and Bless 7B+ people, Vietnam & San Marino Day

Motivational Quotes for true Happiness words of love to Empower you with positive Vibe

Play Episode Listen Later Sep 2, 2022 26:22


– Let's unite efforts Daily at 19.00 (your local time) with your friends, family, organizations and #PrayWithNick for: - Ultimate Global Peace by 2027 - All countries to be restored to God by 2027 - Peace in Ukraine, Congo, Ethiopia, Nigeria, Yemen, Syria, Israel, Myanmar, Palestine, Sudan, Algeria and all hot spots globally as soon as possible - People that sufferers - True Parents, True children and True Family - True Mother's health - Healing Oceans and all Environment by 2027 - Humankind to plant and raise 1 billion+ trees globally by 2027 - South and North Korea peaceful reunification in 2022 - Global economy that benefits all nations and people to be set up worldwide by 2027 - All countries to stop weapons production and distribution and begin to invest in peace and in the well-being of humanity by 2027 - All families globally to receive God's Marriage Blessing by 2027 - All religions by 2027 to start to work together in unity to illuminate humankind about God our all humans Heavenly Parent and His tireless work of humans salvation behind the history, receive marriage blessing from Messiah 2nd coming and pass to all humanity - Peace Road to be built globally by 2027 - till 2027 humankind to finish all wars and sanctions globally forever - Reform health care systems for good, globally, by 2027 - Our Heavenly Parent and ancestors in spiritual world - Science and religion unity by 2027 - to be accomplished all this as is written in #HumankindOnStepToPerfection predictions book - Join 40 days prayer, devotions and blessing condition 1.09-10.10.2022 for success of vital marriage blessing events in Europe, Africa, Asia, Americas and all True Parents peacebuilding activities globally; With this week prayers efforts for Peace, science and religion unity - Prayer requests: 1. Please pray to Heavenly Parent for total healing of autistic Yan Kyrpale this year 2. Please pray to Heavenly Parent to help HTM Cirpala bless 1200+ couples this year 3. Please Pray for Daniil Kyrpala an 10 years old kid - that Heavenly Parent will allow him to speak and get rid of autism this year 4. Please pray for Heavenly Parent's Holly Community good development in Korea, Burundi, Russia, Ukraine, Moldova,EU, South Africa, USA, India, Uganda and globally 5. Please pray for Good membership and financial development of global peace building God's True Love GPBNet 6. Please pray for the success of Interfaith Pilgrimage Second Coming Global Tour - Peace Road 7. Please pray for Pakistan there are so much calamities recently Thank you. Aju - Amen Messiah Second coming words for today(a proposal. It is to construct a Great Asian Highway zone that would run through China, Korea and Japan and eventually link the world by constructing a Great Free World Highway zone to connect the whole world. This would be a great international highway, around which freedom would be guaranteed. The highway would go through Mainland China, down the Korean Peninsula from north to south, through a tunnel or over a bridge to Japan, and north through the four main Japanese islands. If this highway were constructed, the three Asian countries would be linked through the highway and become one. The economic and cultural exchange between them would be so robust that it would enable them to form an Asian Common Community. China also would agree to this, as would Korea and Japan, without a second thought. Then the United States and Germany would come to take part in it automatically.) -For even more Blessings Join our Global Meeting Online and feel the presence of God at our Daily visionary meditation and devotions meetings #ForPeace Healing, Salvation, Prosperity and Blessing, join and pray everyone according to your own tradition Author of #TheWorldOf2020s book Nicolae Cirpala is asking every person on earth, we all know the Power of prayer; let's storm Heaven and Earth with #MessageToBillions - #TrueParents #HappyM --- Send in a voice message: https://anchor.fm/nicolae-cirpala/message Support this podcast: https://anchor.fm/nicolae-cirpala/support

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Aug 29, 2022 32:00


Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Aug 22, 2022 32:00


America Out Loud PULSE
Understanding China’s Threats with Dr. Li-Meng Yan

America Out Loud PULSE

Play Episode Listen Later Aug 19, 2022 57:09


America Out Loud PULSE with Dr. Peter and Ginger Breggin – She fled China and came to the U.S. at the beginning of the COVID catastrophe. Dr. Yan discusses how the CCP has tried to disappear her in order to prevent her from exposing the COVID-19 origins. Dr. Yan shares some of her experiences growing up in Mainland China and her early understanding of freedom...

AMERICA OUT LOUD PODCAST NETWORK
Understanding China’s Threats with Dr. Li-Meng Yan

AMERICA OUT LOUD PODCAST NETWORK

Play Episode Listen Later Aug 19, 2022 57:09


America Out Loud PULSE with Dr. Peter and Ginger Breggin – She fled China and came to the U.S. at the beginning of the COVID catastrophe. Dr. Yan discusses how the CCP has tried to disappear her in order to prevent her from exposing the COVID-19 origins. Dr. Yan shares some of her experiences growing up in Mainland China and her early understanding of freedom...

China Watch Radio
Who’s Willing To Bet On A Conflict With China Before November?

China Watch Radio

Play Episode Listen Later Aug 18, 2022 107:34


Why is the US National Institute of Health still funding the Wuhan Institute of Virology? Would a Western intervention be justified if the Solomon Islands start becoming a Chinese military base? Did Sri Lanka build China a de facto military base? What would the economic costs be to Taiwan and Mainland China if sanctions increase or if a war breaks out? How does the US and China compare with regards to population decline? Is a great decoupling of the US and Chinese economies underway? Is Chinese national debt spiraling out of control?

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Aug 15, 2022 32:00


The Master of Demon Gorge: A Chinese History Podcast
Ni Kuang: Hong Kong Master of Sci-Fi

The Master of Demon Gorge: A Chinese History Podcast

Play Episode Listen Later Aug 11, 2022 15:16


Ni Kuang, the hyper-prolific leading light of Hong Kong science fiction, died in early July.This is his improbable legend, from his beginnings as a boy communist in Mainland China to his days as a refugee smuggling himself across the border to his ultimate success and achievements in Hong Kong.It's almost as improbable as the adventures he invented for his protagonists.

BizNews Radio
BBB Ep 31 - Biden's $50bn chip investment, but Mr Market frets over bad news from Taiwan; Palantir plummets; Musk sells another $7bn in Tesla; Gold price nears $1 800, lifts JSE

BizNews Radio

Play Episode Listen Later Aug 10, 2022 19:37


Plenty to catch up on after SA's public holiday yesterday, but little of it is encouraging. US stock markets are fretting over downbeat reports from New York listed chip makers and corporate America's anger at Joe Biden's economic package announced yesterday. The share price of BizNews portfolio favourite Palantir lost 20% in two days despite the company beating analysts' revenue projections for the second quarter because its forecast for Q3 is well below what they had pencilled in. On a broader front, investors are worried by news from Taiwan that security officials want Apple's supplier Foxconn to sell its $800m stake in a Mainland China chip-maker. On the brighter side in this morning's BizNews Breakfast Briefing, the JSE was lifted on Monday by gold producing shares, especially long-time laggard Anglogold, which reacted positively to the rising bullion price and the Rand has picked up a lot of ground against its major crosses. SA's new generation entrepreneurs: Meet township baking mogul Refiloe Rantekoa – with GG Alcock The dynamo called Grace Harding – creating a collective to fight for restauranteurs against ‘divide and rule' landlords Learn more about your ad choices. Visit megaphone.fm/adchoices

PBEC's Podcast
The Value Prop Episode 16: A Macroeconomic Investors view on Asia and the Pacific with Anson Chan

PBEC's Podcast

Play Episode Listen Later Aug 8, 2022 58:25


We are joined this episode by Anson Chan Chairman and CEO of Bonds Group of Companies.A respected Hong Kong businessman, Mr. Anson Chan has accumulated a variety of management and investment experience. Bonds Group of Companies owns both commercial and residential properties in prime locations of Hong Kong, China, Taiwan, Britain, Canada, USA and Singapore. Before joining his family business, Mr. Chan was an associate director in the proprietary investment group of Nomura International, the Japanese leading investment bank, from 2000 to 2004, and of AIG Investment Corporation from 1998 to 2000. He was responsible for developing new investment opportunities and business relationships in Greater China.In addition, Mr. Anson Chan is a seed investor and director of the Evenstar Fund Management Co., which manages an Asia-focused hedge fund with assets under management of US$100 million. From 2005 to 2008, he also served as a senior advisor to Elliott Associates, which is a U.S. based activist investment fund with assets under management in excess of US$7.5 billion. He recently co-sponsored an IPO of a SPAC on Nasdaq which successfully raised US$200 million for targeting  fast-growth companies in the new economy sector, such as sizeable FinTech and PropTech companies.  Areas we talk about on this episode:04-08 Mins -  Anson provides a global and regional view on the state of the markets – referring to the Goldilocks Economy period.09-10 Mins – World Economy scenario back to the 1970's, tipping point on a changed view on China by the perceived West.11-13 Mins – Discuss China, authoritarianism v perceived democracy Governance, the G2 China and US, Obama administration period of when it started to change.14-16 Mins – When President Xi came to power in 2012 and then Trump in 2016, China became more assertive, BRIC's, Belt and Road initiative to compete.16 Mins  - Ukraine/Russia conflict, President Putin and the affect on Asia.17-20 Mins – Bringing it back to Hong Kong and the One Country/Two Systems policy. Its continued role and importance as a IFC.21-26 Mins – The fear for Japan if there is another Asian Financial crisis, Anson predicts it will start with Japan, with some political strife between factions within the Democratic ruling party.27-29 Mins  - Western sanctions, energy market and commodities crisis and Japan & Europe's predicament having sided with the US against Russia. China will likely be the beneficiary. Germany mining coal again.30-31 Mins – Saudia Arabia importing crude oil from Russia, brokering the same crude to sell it on at a higher price.32- 33 Mins – Idealism tempered with pragmatism is what the US and the Western nations need to resume to considering.34 -40 Mins – Anson shares his experience in Chinese-Taipei's domestic economy having visited the country and claims its humming. Investment areas to consider.41-43 Mins – Disintermediation – from the shopfront store to online store.43- 44 Mins  - One sector still not disrupted by change overtime is the banking sector, in particular commercial banking.45 – 49 Mins – AI, 5G under Proptech and blockchain technology – giving examples of how digital online firms competing with the traditional brands. A review on real-estate and housing crisis in places like Hong Kong.50-53 Mins – Increased scrutiny on Chinese and SAR investors on listed firms in the USA by the US Financial market. Board and shareholder requirements for SPAC's etc…. Target companies from the funds raised cannot be invested into China either.54 Mins - Who are the winners of the decoupling, less scrutiny and less time required, Chinese Taipei, South Korea, Indonesia and Singapore are four target markets for investors.55 Mins  - Chinese regulation on foreign firms operating in Mainland China.   55-58

UBS On-Air
UBS On-Air: Paul Donovan Daily Audio 'Scenarios'

UBS On-Air

Play Episode Listen Later Aug 2, 2022 4:14


US House of Representatives speaker Pelosi is expected to meet Taiwanese President Tsai tomorrow. Mainland China has used strong language in opposition to the idea of this visit, regional equity markets weakened on concerns about increased tensions. Such tensions tend to have a short-lived direct market impact, but this may limit any improvement in economic relations between the US and mainland China.

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Aug 1, 2022 32:00


HKTDC
Belt and Road Summit: Hong Kong: A Two-way Gateway for Start-ups

HKTDC

Play Episode Listen Later Aug 1, 2022


Hong Kong has been long-renowned as a two-way gateway for both local and international start-ups and young entrepreneurs to penetrate the massive Mainland China market and expand into overseas markets. In the free-wheeling spirit of Marco Polo, adventurous entrepreneurs have been leveraging Hong Kong's competitive advantages as a platform to pioneer new, lesser-known emerging markets along the Belt and Road and beyond. Mr Paul Loo, Chief Operating Officer, Lalamove, shared how Lalamove achieved success in numerous different markets along the Belt and Road and beyond.

Money Talks
China's manufacturing output growth slower than expected in July

Money Talks

Play Episode Listen Later Aug 1, 2022 3:17


Mainland China stocks are rising, along with most other Asia-Pacific indices on Monday, as a private survey on Chinese factory activity showed slight growth in July. The reading was better than China's official Purchasing Managers' Index released over the weekend, which showed a clear contraction in factory activity. For more on that, we were joined by Han Tan, who is the chief market analyst at Exinity Group. #China #Japan #Manufacturing

Our Undoing Radio
Paratopia 049: Gregory Sams

Our Undoing Radio

Play Episode Listen Later Jul 29, 2022 102:41


Sun of gOd author Gregory Sams builds a logical case for the aliveness of all things, especially the sun. Also, The Jer drags The Jeff's sick behind out of bed to do an after-chat. All that and Chinese correspondent Wang live from Mainland China, on tonight's Paratopia!

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jul 25, 2022 32:00


Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jul 18, 2022 32:00


Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jul 11, 2022 32:00


Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jul 4, 2022 32:00


NCUSCR Events
Hong Kong Handover at 25: Language, Politics, and Identity

NCUSCR Events

Play Episode Listen Later Jul 1, 2022 75:19


What does the 25th anniversary of the Hong Kong handover mean for the people of Hong Kong, the PRC, and the world? Much has changed since 1997, when sovereignty of Hong Kong was transferred from Great Britain to China. Through the lenses of language, politics, and identity, three leading experts discuss the relationship between Hong Kong and Mainland China, how it has evolved over the past 25 years, and what these dynamics tell us about Hong Kong today. The National Committee on U.S.-China Relations held an event on June 20, 2022 with panelists Kris Cheng, Pierre Landry, and Gina Tam discussing the past, present, and future of Hong Kong.

The 'X' Zone Radio Show
Rob McConnell Interviews - KEVIN BENTON - A Field Trip To Hell

The 'X' Zone Radio Show

Play Episode Listen Later Jun 28, 2022 41:28


Minister Kevin Benton attended Jules Mastbaum High School in Philadelphia, where he lettered 3 years in varsity basketball earning the 1990 Philadelphia Public League Player of the Year, Joint Effort All-America and Sportsmanship awards as a senior. He earned a full athletic scholarship to play basketball at the University of Delaware where he attended college for (2) years. Sensing the call of God on his life, he left his scholarship situation at Delaware to attend Liberty University in Lynchburg, VA where he majored in Psychology and played basketball for the team. Liberty is one of the world's largest Evangelical Christians Schools, founded by the late, great Rev. Dr. Jerry Falwell. Liberty's basketball team made history in 1994-1995 by being the first Christian School to ever play in the NCAA tournament against another Philadelphia native and friend, Rasheed Wallace and the North Carolina Tar Heels. Minister Benton was also blessed to meet his college sweetheart and wife, Nikki Benton, at Liberty, whom he married on September 13, 1997. Upon leaving Liberty, Minister Benton had the opportunity to play (3) years of professional basketball, one year in Europe and two years in Mainland China. He was also invited to some N.B.A. camps during his career, including the Philadelphia 76ers, where he played against multiple N.B.A. Champions, Kobe Bryant and Rick Mahorn. Other N.B.A. players included Jerome Allen of the Minnesota Timberwolves, Paul "Snoop" Graham of the Atlanta Hawks, Shawn Harvey of the Dallas Mavericks and a host of many other great professional basketball players. Along with these experiences, during the summers he also participated in a host of missions trips overseas with Athlete n' Action and the Christ Crusaders. - www.kevinbentonministries.com******************************************************************To listen to all our XZBN shows, with our compliments go to: https://www.spreaker.com/user/xzoneradiotv*** AND NOW ***The ‘X' Zone TV Channel on SimulTV - www.simultv.comThe ‘X' Chronicles Newspaper - www.xchroniclesnewspaper.com ******************************************************************

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jun 27, 2022 32:00


First Impressions: Thinking Aloud About Film
Moneyboys (C.B. Yi, Taiwan, 2021

First Impressions: Thinking Aloud About Film

Play Episode Listen Later Jun 22, 2022 24:30


https://notesonfilm1.com/2022/06/22/thinking-aloud-about-film-moneyboys-c-b-yi-taiwan-2021/ Why are we talking about Moneyboys? Well Jose's recently read The Hustler/ Die Pupenjunge, City of Night, and Dancer from the Dance and is fascinated by gutter and underbelly, night and shadows, criminality and liminality, the ways social and psychic alienation can combine with carnal immersion though sexual connection, the tension in sex work between certain types of freedom and certain types of bondage. Moneyboys is too high class to touch on many of those things. But Richard is interested in Taiwanese Cinema, in Hou Hsiao-hsien and Haneke, interests which do intersect with Money Boys so humours him. In the podcast we talk of the significance of a Taiwanese film on this subject being set in Mainland China; the tensions between the rural and the city; the biological family which accepts money earned from sex work but casts out the worker; the value of constructed families; the various kinds of love valued (and de-valued) by the film; the possible conflation of sex work and homosexuality; the fluid long takes and the emotional distance evoked. It's an accomplished first film, interestingly made under a pseudonym, and in the podcast we talk through our responses to the various strands it raises.

Breakroom Nachos
73 - Stop Binging, Go Outside

Breakroom Nachos

Play Episode Listen Later Jun 20, 2022 69:41


Netflix, Inc. is an American subscription streaming service and production company. Launched on August 29, 1997, it offers a film and television series library through distribution deals as well as its own productions, known as Netflix Originals. As of March 31, 2022, Netflix had over 221.6 million subscribers worldwide,[12] including 74.6 million in the United States and Canada,[13] 74.0 million in Europe, the Middle East and Africa, 39.9 million in Latin America and 32.7 million in Asia-Pacific.[11] It is available worldwide aside from Mainland China, Syria, North Korea, and Russia. Netflix has played a prominent role in independent film distribution, and it is a member of the Motion Picture Association (MPA). Follow us on Twitter: https://twitter.com/BreakroomNachos Intro music by Dan Mason: https://danmason.bandcamp.com/

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jun 20, 2022 32:00


New Books in Dance
Stan Lai, "Selected Plays of Stan Lai" (U Michigan Press, 2022)

New Books in Dance

Play Episode Listen Later Jun 14, 2022 52:52


The Selected Plays of Stan Lai (U Michigan Press, 2022) collects a cross-section from the four-decade career of one of the major dramatists of our time. Lai's works, including Secret Love in Peach Blossom Land, are famous throughout the Sinophone world, having been performed in Taiwan, Hong Kong, and Mainland China. Many lines from his plays have become almost proverbial, quoted by academics and cab drivers alike. The plays collected here are translated by Lai himself, and are suitable for performance (in addition to being a playwright and director, Lai is a theatre scholar with a Ph.D. from UC Berkeley). They retain the humor, theatricality, and pathos that have made Lai one of Asia's most popular playwrights. In this interview we discuss Lai's childhood between the US and Taiwan, as well as his semi-improvised method of playwrighting.  Andy Boyd is a playwright based in Brooklyn, New York. He is a graduate of the playwriting MFA at Columbia University, Harvard University, and the Arizona School for the Arts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/performing-arts

New Books in Asian American Studies
Stan Lai, "Selected Plays of Stan Lai" (U Michigan Press, 2022)

New Books in Asian American Studies

Play Episode Listen Later Jun 14, 2022 52:52


The Selected Plays of Stan Lai (U Michigan Press, 2022) collects a cross-section from the four-decade career of one of the major dramatists of our time. Lai's works, including Secret Love in Peach Blossom Land, are famous throughout the Sinophone world, having been performed in Taiwan, Hong Kong, and Mainland China. Many lines from his plays have become almost proverbial, quoted by academics and cab drivers alike. The plays collected here are translated by Lai himself, and are suitable for performance (in addition to being a playwright and director, Lai is a theatre scholar with a Ph.D. from UC Berkeley). They retain the humor, theatricality, and pathos that have made Lai one of Asia's most popular playwrights. In this interview we discuss Lai's childhood between the US and Taiwan, as well as his semi-improvised method of playwrighting.  Andy Boyd is a playwright based in Brooklyn, New York. He is a graduate of the playwriting MFA at Columbia University, Harvard University, and the Arizona School for the Arts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/asian-american-studies

New Books in Literary Studies
Stan Lai, "Selected Plays of Stan Lai" (U Michigan Press, 2022)

New Books in Literary Studies

Play Episode Listen Later Jun 14, 2022 52:52


The Selected Plays of Stan Lai (U Michigan Press, 2022) collects a cross-section from the four-decade career of one of the major dramatists of our time. Lai's works, including Secret Love in Peach Blossom Land, are famous throughout the Sinophone world, having been performed in Taiwan, Hong Kong, and Mainland China. Many lines from his plays have become almost proverbial, quoted by academics and cab drivers alike. The plays collected here are translated by Lai himself, and are suitable for performance (in addition to being a playwright and director, Lai is a theatre scholar with a Ph.D. from UC Berkeley). They retain the humor, theatricality, and pathos that have made Lai one of Asia's most popular playwrights. In this interview we discuss Lai's childhood between the US and Taiwan, as well as his semi-improvised method of playwrighting.  Andy Boyd is a playwright based in Brooklyn, New York. He is a graduate of the playwriting MFA at Columbia University, Harvard University, and the Arizona School for the Arts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/literary-studies

New Books in Chinese Studies
Stan Lai, "Selected Plays of Stan Lai" (U Michigan Press, 2022)

New Books in Chinese Studies

Play Episode Listen Later Jun 14, 2022 52:52


The Selected Plays of Stan Lai (U Michigan Press, 2022) collects a cross-section from the four-decade career of one of the major dramatists of our time. Lai's works, including Secret Love in Peach Blossom Land, are famous throughout the Sinophone world, having been performed in Taiwan, Hong Kong, and Mainland China. Many lines from his plays have become almost proverbial, quoted by academics and cab drivers alike. The plays collected here are translated by Lai himself, and are suitable for performance (in addition to being a playwright and director, Lai is a theatre scholar with a Ph.D. from UC Berkeley). They retain the humor, theatricality, and pathos that have made Lai one of Asia's most popular playwrights. In this interview we discuss Lai's childhood between the US and Taiwan, as well as his semi-improvised method of playwrighting.  Andy Boyd is a playwright based in Brooklyn, New York. He is a graduate of the playwriting MFA at Columbia University, Harvard University, and the Arizona School for the Arts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies

New Books Network
Stan Lai, "Selected Plays of Stan Lai" (U Michigan Press, 2022)

New Books Network

Play Episode Listen Later Jun 14, 2022 52:52


The Selected Plays of Stan Lai (U Michigan Press, 2022) collects a cross-section from the four-decade career of one of the major dramatists of our time. Lai's works, including Secret Love in Peach Blossom Land, are famous throughout the Sinophone world, having been performed in Taiwan, Hong Kong, and Mainland China. Many lines from his plays have become almost proverbial, quoted by academics and cab drivers alike. The plays collected here are translated by Lai himself, and are suitable for performance (in addition to being a playwright and director, Lai is a theatre scholar with a Ph.D. from UC Berkeley). They retain the humor, theatricality, and pathos that have made Lai one of Asia's most popular playwrights. In this interview we discuss Lai's childhood between the US and Taiwan, as well as his semi-improvised method of playwrighting.  Andy Boyd is a playwright based in Brooklyn, New York. He is a graduate of the playwriting MFA at Columbia University, Harvard University, and the Arizona School for the Arts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jun 13, 2022 32:00


5 Minute Chinese
暑期作业和中国的高考 Summer Reading & China's Gaokao

5 Minute Chinese

Play Episode Listen Later Jun 9, 2022 5:38 Transcription Available


Hello everyone! Welcome to a new episode of 5 Minute Chinese. In today's episode, I talk about summer (school)work in the US and China—which subjects typically have summer work and what type as well as my first summer reading for my AP class. Later in the episode I talk about Gaokao—generally deemed to be the most important and fairest exam in Mainland China. I also talked about Gaokao in Ep.25 and 26 (English + Chinese) on 11/14 last year if you want to check them out. You can find the full script and useful words by paragraph below. If you have any questions or comments, please email me! You can find the email in the show description. If you like 5 Minute Chinese, please help subscribe and give the show a positive review.  Thank you for your support. See you next time!                                                                              暑期作业和中国的高考0:00大家好,欢迎收听这期的五分钟汉语。今天想跟大家聊聊中美暑期作业和这两天的中国高考。上期跟大家聊到我们学校的暑期开始了。到这周,估计大部分美国的学校都放暑假了吧。前天我收到了学校的邮件,说我订的暑期阅读的书到了。这个书是我为明年的AP中文的学生买的。书中有很多有名的寓言故事,节日传说和神话故事。我希望学生们在暑假的时候读一些中文,为明年的AP课做准备。我把书放在了学校的前台,让学生这几天去取。估计 | Gūjì | estimate大部分 | dà bùfèn | most (part)阅读 | yuèdú | read, reading寓言 | yùyán | fable故事 | gùshì | story传说 | chuánshuō | legend神话 | shénhuà | myth希望 | xīwàng | hope读 | dú | read前台 | qiántái | front desk取 | qǔ | Pick up1:10这其实是我第一次给学生留暑假作业。不过,在美国,学校留暑假作业也很常见。比如,我们学校的英语课要求6-12年级的学生从老师给的书单里选读一到两本书。读的时候要记笔记,之后还要写读后感。AP社会学习(social studies)课的老师也会给学生暑期阅读和其他相关的作业。不过其他课一般不会有什么暑期作业。留 | liú | leave (homework)常见 | chángjiàn | common书单 | shū dān | book list记笔记 | jì bǐjì | take notes读后感 | dúhòugǎn | after-reading response相关 | xiāngguān | related2:03我在中国上学的时候每个暑假都是有作业的。每门课都有一本暑假作业。主科—像数学,语文,英语—是一定会有暑假作业的。除了暑期阅读,还要做习题,预习生词,背诵古诗等等。总体来说,我觉得中国的暑假作业比美国的暑假作业多一些。语文 | yǔwén | Chinese language art (in Mainland China)习题 | xítí | exercise (school work)背诵 | bèisòng | recite古诗 | gǔshī | ancient poetry总体来说 | zǒngtǐ lái shuō | In general2:44这两天中国有一件大事儿——那就是高考。我在去年11月14日的第25和26期用中英文介绍过高考。大家有兴趣的话可以回听。这次,我想主要讲讲中国人为什么觉得高考是最重要、最公平的考试。回听 | huí tīng | go back to listen公平 | gōngpíng | fair3:16高考的全称是《普通高等学校招生全国统一考试》(Nationwide Unified Examination for Admissions to General Universities and Colleges)。一般来说,在中国大陆,学生需要参加高考并且达到一定的分数才能上大学。不同的大学录取分数不同。越好的大学的录取分数就越高。对于很多中国的学生来说,高考可能是他们一生中最重要的考试之一。因为高考是大学录取的唯一标准。高考考得好就能上一个好大学。而好大学的毕业生更容易找到好工作,过上好生活。除了重要,高考也是中国最公平的考试。因为高考只看分数,不看其他因素。所以对于没有资源,背景的学生来说,高考是一次公正,客观的竞争。高考给了很多人通过自己努力学习,参加高考,改变的命运的机会。全称 | quánchēng | full name一般来说 | yībān lái shuō | Generally speaking大陆 | dàlù | mainland, continent达到 | dádào | reach, achieve分数 | fēnshù | score录取 | lùqǔ | Admission一生 | yīshēng | lifetime唯一 | wéiyī | only标准 | biāozhǔn | standard毕业生 | bìyè shēng | graduate过上好生活 | guò shàng hào shēnghuó | live a good life因素 | yīnsù | factor资源 | zīyuán | resource背景 | bèijǐng | background客观 | kèguān | objective竞争 | jìngzhēng | compete改变 | gǎibiàn | Change命运 | mìngyùn | destiny, couse of life4:58 那今天跟大家聊了一下中美的暑期作业和中国这两天的高考。如果您听到了这里,再次感谢您的支持。如果您喜欢五分钟汉语,别忘了订阅,点赞,分享。如果你有什么意见和评论,欢迎给我发电子邮件。地址可以在描述栏中找到。感谢您的收听。我们下期再见!订阅 | dìngyuè | subscription点赞 | diǎn zàn | like分享 | fēnxiǎng | share描述栏 | miáoshù lán | Description column

Money Talk
Business and Market Discussion / View from mainland China

Money Talk

Play Episode Listen Later Jun 6, 2022 32:00


maayot | Learn Mandarin Chinese with Stories
Advanced | 爱彼迎将关闭中国大陆业务 | Airbnb is closing its mainland China business | Mandarin Chinese Story

maayot | Learn Mandarin Chinese with Stories

Play Episode Listen Later May 28, 2022 3:55


On May 24, Airbnb "topped" a letter to Chinese users on its official website in China. The letter says that Airbnb will take down 150,000 listings in mainland China by July 30 this year. This means that Airbnb will shut down its business in mainland China. The reasons for Airbnb's lack of success in China are many, and not just because of the epidemic.Join other motivated learners on your Chinese learning journey with maayot. Receive a daily Chinese reading in Mandarin Chinese in your inbox. Full text in Chinese, daily quiz to test your understanding, one-click dictionary, new words, etc.Got a question or comment? Reach out to us at contact[at]maayot.com

IHS Markit Energy
EnergyCents- Ep 75: Bottlenecks: Mainland China constraints pressure booming solar sector

IHS Markit Energy

Play Episode Listen Later May 19, 2022 31:29


Global solar installations were expected to grow more than 30% in 2022 before COVID restrictions in mainland China impacted operations of the world's largest solar manufacturer. S&P Global solar supply chain experts Siqi He and Cormac Gilligan join EnergyCents this week to discuss the importance of China to solar supply chains, and the potential impacts to 2022 expectations from curtailed manufacturing. Learn more about our solar coverage via Clean Energy Technology: https://ihsmarkit.com/products/clean-energy-technology.html and for financial sector customers via EnergyView – Climate and Cleantech: https://ihsmarkit.com/products/EnergyView-Climate-and-CleanTech-Service.html Access the On-Demand Webinar “Understand and maximize returns in energy transition investments from climate and cleantech fundamental data”: https://ihsmarkit.com/events/understand-and-maximize-returns-in-energy-transition-investments-from-climate-and-cleantech-fundamental-data/overview.html

Fellowship of Kingdom Professionals with Michael A. Blue

God is God of the Macrocosm – He is the Artist of the “Big Picture”! There have been instances in which believers have departed from the faith because they have been led to believe that the faith of Christ is too narrow – provincial, primitive – to encompass that which is contemporary or modern. However, the “narrow-ness” of which Jesus spoke as the way to eternal life is a narrowness of focus and priority, not a narrowness of mind. All truth is God's truth and is therefore universal, macrocosmic. In the conclusive, powerful interview with Mr. Daniel James II, we are presented with a practical “picture” of how Kingdom principles can impact young lives. In this instance, the God-lens has propelled the young man through an Ivy League education (Cornell University) and has prepared him for world-class graduate work (the prestigious Schwarzman Scholars Program, pursuing studies in Mainland China). This is particularly striking when juxtaposed with the fact that Mr. James originates from within a context that is rural, Southern, impoverished, and African American. Contrary to toxic misconceptions held by far too many people within the Church and outside, a Christian worldview does not “narrow” his aspirations away from greatness: it fuels them! These principles are shown to work favorably, not only for Baby Boomers and Busters, but Millennials and Gen Zs can also find substance for purposeful living within the teachings of the Kingdom of God. Mr. James demonstrates that, rather than rambling around trying to “find oneself,” through the light of Kingdom perspective a person may locate his or her true identity as a world changer --- in Christ. God is not only the Supreme Aesthete in the physical world – He imparts the greater beauty of life-enhancing character and competence from within. With this greater beauty, the Kingdom professional is armed to go forth as a portrait of hope, into all the world. New podcast episodes are available on Fridays everywhere you listen to podcasts. The Fellowship of Kingdom Professionals meets every Monday live with Michael A. Blue at 11:30 AM via Facebook and Youtube. Stay connected to all things Fellowship of Kingdom Professionals and connect to other Kingdom Professionals by joining our Facebook Group, https://www.facebook.com/groups/MABlueFKP To bring FKP to your locale, ministry, school, business, etc., or to learn more, contact us by email,  FKProfessionals@gmail.com

The Language Mastery Show
LMS S4 E5 - Slow Chinese Founder Andrew Methven on Learning Chinese Through Chunks, News & Internet Slang

The Language Mastery Show

Play Episode Listen Later Apr 22, 2022 38:11


Andrew Methven is the creator of Slow Chinese 每周漫闻, a weekly newsletter that helps Mandarin Chinese learners immerse themselves in authentic, colloquial language via interesting stories and news events handpicked from Chinese media, social media, and TV. Instead of learning the stilted and stuffy language of Chinese textbooks, Andrew's excellent newsletter trains you to understand the way people really speak and write the language today. In the interview, Andrew shares how he first fell in love with Chinese, differences between Mandarin between Mainland China and Taiwan, and his top tips for language learners. For show notes, visit LanguageMastery.com/blog/Andrew-Methven

Ransquawk Rundown, Daily Podcast
US Market Open: Equities drift with NQ lagging & yields advance further pre-FOMC Minutes

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 6, 2022 3:44


Equity bourses/futures have come under further pressure after a tepid APAC handover, as the NQ underperforms amid renewed yield advances pre-FOMC MinutesHowever, while ES has lost the 4500 mark it is yet to test/breach the 200-DMA at 4484Geopolitical updates have been thin and primarily focused around Russian sanctionsAlbeit, such updates have been sufficient to provide WTI and Brent with an underlying bidDXY has taken some respite after recent gains while yields continue to climb and Bunds approach cycle lowsLooking ahead, highlights include FOMC Minutes & ECB's LaneAs of 11:15BST/06:15ETLOOKING AHEADFOMC Minutes, ECB's Lane, Fed's HarkerClick here for the Week Ahead preview.GEOPOLITICSRUSSIA-UKRAINENEGOTIATIONS/TALKSUkraine Deputy PM says 11 humanitarian corridors agreed for Wednesday, but people trying to leave Mariupol must use own vehicles.Russian Kremlin says that work is continuing when questioned on when the next round of peace discussions with Ukraine would take place; progress not as fact as they would like.DEFENCE/MILITARYThe US will send an additional USD 100mln in Javelin anti-tank missiles to Ukraine, according to NBC sources. The amount was confirmed by Secretary of State Blinken.Military sources cited by The Times suggested the UK plans to develop its own hypersonic missile, the plan would be accelerated by the AUKUS pact.ENERGY/ECONOMIC SANCTIONS & UPDATESWhite House said sanctions expected to be announced on Wednesday related to Russia; aim is to make Russia choose between default and drain remaining Dollar reserves, according to Reuters.Russia's Sberbank is among banks being considered for tightened sanctions by US President Biden's administration, according to Reuters.Russia Deputy Chair of Security Council Medvedev says Moscow will fight Western attempts to expropriate Russian property overseas with lawsuits; will wage legal war in US, Europe, and international courts.Head of Ukraine gas transit operator says three main gas pipelines have suffered damage during the war, and two gas distribution stations have been destroyed, via Reuters.German Finance Minister Lindner says an immediate withdrawal from Russian oil and gas is not possible, via Reuters.Hungarian Foreign Minister Szijjarto says they are preparing to pay for Russian gas using RUB.OTHERChina's UN Envoy, in response to US/UK/Aus hypersonic weapons deal, warned against "things which may lead other parts of world into crisis" like Ukraine, via Reuters.EU's Foreign Affairs Chief Borrell said last week's EU-China summit was a "dialogue of the deaf", according to SCMP.EUROPEAN TRADEEQUITIESEuropean bourses deteriorated further from a tepid cash open, in-fitting with the Wall St./APAC handover, Euro Stoxx 50 -1.6%Such downside was exacerbated by weak Construction PMIs and as yields continue to make further advances ahead of ECB's Lane & FOMC MinutesAs such, the NQ -1.0% is the morning's laggard, though price action thus far has seen the ES give-up 4500 ahead of the 200-DMA at 4484.Click here for more detail.FXDollar fades fast following rapid rise to fresh 2022 high post-hawkish Fed Brainard and pre-FOMC minutes - DXY reaches 99.759 before retreat to sub 99.500.Swedish Krona outperforms after latest comments from Riksbank member Floden upping the ante for a near term repo rise, EUR/SEK capped below 10.3000.Franc lags as yield and policy divergence weigh and EUR/CHF cross rebounds in a fashion that suggests official intervention, USD/CHF tests 0.9350 and EUR/CHF close to 1.0200 vs sub-1.0150 at one stage.Euro and Pound take advantage of Buck pull back and some chart support to recoup losses, EUR/USD and Cable back on 1.0900 and 1.3100 handles after dip through 1.0895 Fib and 1.3050.Yen reverses more repatriation gains as BoJ maintains YCC, USD/JPY hovering beneath 124.05 peak.Click here for more detail.FIXED INCOMEUS Treasuries extend post-Brainard collapse with little let-up ahead of FOMC minutes as the 10 year T-note sits just off a 120-07+ low and yield tops 2.6%.EU bonds slide in catch-up trade with Bunds closing in on cycle lows below 157.00 and Gilts retesting bids into 120.00.EZ periphery debt continues to underperform amidst syndications and French Presidential election jitters, with Italian BTPs near 135.00 and OATs close to 148.50.Italy sold EUR 2.1bln in three BTP bonds that were sold to bond specialists.Click here for more detail.COMMODITIESWTI and Brent are firmer, shrugging off the tepid tone and benefitting from geopolitical premia. amid ongoing sanction announcements/discussionsHowever, the benchmarks are once again in relatively thin ranges of circa. USD 3.00/bbl at present.US Private Energy Inventory Data (bbls): Crude +1.08mln (exp. -2.1mln), Cushing +1.791mln, Gasoline -0.543mln (exp. +0.1mln), Distillate +0.593mln (exp. -0.8mln).Gas flows via Yamal-Europe pipeline resume eastward, according to Gascade data, according to Reuters; however, subsequently reported that such flows have stopped.Spot gold/silver are modestly firmer, benefitting from the general risk tone and as the USD takes a breather from recent advances.Click here for more detail.CENTRAL BANKSECB's Wunsch said the inflation target is essentially met and expects the deposit rate to be raised to zero by year end. He said the ECB's rate could rise to 1.5-2% in the longer term, but caveat that even within the ECB there has been no discussion about raising interest rates, according to Reuters.ECB's Panetta says they would not hesitate to tighten policy if supply shocks fed into domestic inflation, not seeking any de-anchoring of inflation expectations. Asking the ECB to bring down high inflation in the near-term would be extremely costly.RBA's Deputy Governor Bullock notes Australian labour market is tight, was seeing some response in wages, with unemployment at 4.0%. Expects some revision upward in inflation forecasts; are now seeing more underlying inflation pressures.Riksbank's Floden says inflation will be much higher in the coming year than predicted in February. We must raise the policy rate much earlier than previously planned. Evident we must reassess and substantial adj. monetary policy plans.DATA RECAPGerman Industrial Orders MM (Feb) -2.2% vs. Exp. -0.2% (Prev. 1.8%, Rev. 2.3%)EU S&P Global Construction PMI (Mar) 52.8 (Prev. 56.3); German S&P Global Construction PMI (Mar) 50.9 (Prev. 54.9)French S&P Global Construction PMI (Mar) 48.4 (Prev. 50); Italian S&P Global Construction PMI (Mar) 62.9 (Prev. 68.5)NOTABLE US HEADLINESCRYPTOCrypto markets experienced sudden selling pressure overnight with Bitcoin losing USD 45k, a level it has acquired a foothold on during the European session.APAC TRADEEQUITIESAPAC stocks traded lower across the board following the losses on Wall Street; Mainland China returned from its long-weekend.ASX 200 conformed to the downbeat tone which isn't helped by the RBA's hawkish hold yesterdayNikkei 225 saw most of its construction and machinery-related names with losses.KOSPI was pressured by its large tech exposure.Hang Seng was also weighed on by its tech exposure as yields continued to rise overnight.Shanghai Comp returned for the first time this week following its domestic holiday and saw less pronounced losses, with the Real Estate sector feeling relief from reports that over 60 Chinese cities ease policies on housing purchases to support the market.NOTABLE APAC HEADLINESChina's Shanghai City says it will remain in lockdown until city-wide mass COVID testing (due to start Apr 6) is complete; results will be used to assess whether an extension to the lockdown is needed.China's Shanghai city reports 16,766 new asymptomatic COVID cases for April 4th (vs 13,086 for April 4th).Over 60 Chinese cities ease policies on housing purchases to support market, according to Global Times.PBoC set USD/CNY mid-point at 6.3799 vs exp. 6.3793 (prev. 6.3509 on Friday).PBoC injected CNY 10bln via 7-day reverse repos with the rate at 2.10% for a CNY 440bln net drainDATA RECAPChinese Caixin Services PMI (Mar) 42 (Exp. 49.7, Prev. 50.2); Composite 43.9 (Prev. 50.1).Click here for the US Early Morning note.US Democratic Senator Sinema has told donors a path to revival for Build Back Better is unlikely, according to Axios.JetBlue (JBLU) reportedly bids USD 3.6bln or USD 33/shr to acquire Spirit Airlines (SAVE), according to NYT.

Ransquawk Rundown, Daily Podcast
Euro Market Open: Futures point lower after a downbeat APAC handover ahead of Fed Mins & ECB speak

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 6, 2022 4:17


APAC stocks traded lower across the board following the losses on Wall Street; S&P 500 -1.2%, Nasdaq -2.2%.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 future -0.4% after the cash market closed lower by 0.8% yesterday.DXY remains firm above 99.50 (fresh YTD highs), JPY lags with USD/JPY above 124 at one stage, EUR/USD hovers around 1.09.ECB's Wunsch said the ECB's inflation target is essentially met and expects the deposit rate to be raised to zero by year end.Looking ahead, highlights include FOMC Minutes, ECB's Lane, Schnabel, Panetta, de Guindos, Fed's Harker.US TRADEUS stocks trundled lower throughout the US session with the tech-heavy Nasdaq hit the hardest amid the surge in yields.SPX -1.19% at 4,528, NDX -2.24% at 14,820, DJIA -0.80% at 34,641, R2K -2.22% at 2,045.Click here for a detailed summary.NOTABLE US HEADLINESEU Commission wants large online platforms to pay an annual supervisory fee of up to 0.1% of their global net income under new tech rules, according to an EU document, according to Reuters.JetBlue (JBLU) reportedly bids USD 3.6bln or USD 33/shr to acquire Spirit Airlines (SAVE), according to NYT.US Democratic Senator Sinema has told donors a path to revival for Build Back Better is unlikely, according to Axios.GEOPOLITICSRUSSIA-UKRAINENEGOTIATIONS/TALKSRussia's Foreign Minister Lavrov said the West is trying to derail talks between Russia and Ukraine by fuelling hysteria over Bucha, according to Ria. He added that agreements with Ukraine should completely rule out NATO's expansion to the east, according to Interfax.DEFENCE/MILITARYThe US will send an additional USD 100mln in Javelin anti-tank missiles to Ukraine, according to NBC sources. The amount was confirmed by Secretary of State Blinken.Military sources cited by The Times suggested the UK plans to develop its own hypersonic missile, the plan would be accelerated by the AUKUS pact.Russian Defence Ministry said its forces will "liberate" Mariupol from Ukrainian nationalists, according to Ria.China's Ambassador to the UN said the reports and images of civilian deaths in Bucha are very disturbing, relevant circumstances and specific causes of the events must be verified and established, according to Reuters.ENERGY/ECONOMIC SANCTIONSWhite House said sanctions expected to be announced on Wednesday related to Russia; aim is to make Russia choose between default and drain remaining Dollar reserves, according to Reuters.Russia's Sberbank is among banks being considered for tightened sanctions by US President Biden's administration, according to Reuters.OTHERChina's UN Envoy, in response to US/UK/Aus hypersonic weapons deal, warned against "things which may lead other parts of world into crisis" like Ukraine, via Reuters.EU's Foreign Affairs Chief Borrell said last week's EU-China summit was a "dialogue of the deaf", according to SCMP.CENTRAL BANKSFed's Daly (2024 voter) said the labour market is extremely tight and Fed is on a path to raise interest rates. She does not expect a big slowdown in US economy due to high oil prices. She said the Fed can begin balance sheet reduction as early as May meeting and will use balance sheet reductions as well as rate hikes to reduce policy accommodation. "We'll be able to get inflation moving down by end of year, but no recession", according to Reuters.ECB's Lane said maybe by mid-year we will see the peak on inflation, but it depends on the war. The momentum of inflation will slow down, so thinks that in the second half of the year the inflation rate will come down. "We do think it will be a lot lower next year and the year after." Lane expects to see a slowdown in the economy, but economy will still grow this year, via ECB.ECB's Wunsch said the inflation target is essentially met and expects the deposit rate to be raised to zero by year end. He said the ECB's rate could rise to 1.5-2% in the longer term, but caveat that even within the ECB there has been no discussion about raising interest rates, according to Reuters.APAC TRADEEQUITIESAPAC stocks traded lower across the board following the losses on Wall Street; Mainland China returned from its long-weekend.ASX 200 conformed to the downbeat tone which isn't helped by the RBA's hawkish hold yesterdayNikkei 225 saw most of its construction and machinery-related names with losses.KOSPI was pressured by its large tech exposure.Hang Seng was also weighed on by its tech exposure as yields continued to rise overnight.Shanghai Comp returned for the first time this week following its domestic holiday and saw less pronounced losses, with the Real Estate sector feeling relief from reports that over 60 Chinese cities ease policies on housing purchases to support the market.US equity futures held a downside bias and the NQ narrowly underperformed.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 future -0.4% after the cash market closed lower by 0.8% yesterday.FXDXY remained over 99.50 as yields continued rising, with the index hitting an overnight high of 99.640.EUR/USD briefly dipped under 1.0900 ahead of the YTD low of 1.0804.GBP/USD traded relatively flat after finding support around 1.3050Antipodeans were lacklustre throughout the session as upside remained capped by the soured APAC mood.JPY continued to weaken due to yield differentials with the US; USD/JPY briefly topped 124.00, whilst some desks noted of Japanese exporter offers around the psychological level.FIXED INCOME10yr UST futures edged lower in a continuation of the US action, whilst the corresponding cash yield rose to an APAC high of exactly 2.62%APAC yields rose in tandem, with the 10yr JGB yield hitting a high of 0.23% vs the BoJ's 0.25% cap.Bund futures conformed to the selling across the debt complex.COMMODITIESCrude clambered off worst levels despite the surprised build in the weekly Private Inventories.US Private Energy Inventory Data (bbls): Crude +1.08mln (exp. -2.1mln), Cushing +1.791mln, Gasoline -0.543mln (exp. +0.1mln), Distillate +0.593mln (exp. -0.8mln).Gas flows via Yamal-Europe pipeline resume eastward, according to Gascade data, according to Reuters.Spot gold remained caged in a tight range overnight.LME 3M copper fell amid the soured risk tone and prices receded further below USD 10.5k/t.CRYPTOCrypto markets experienced sudden selling and thereafter a recovery in which Bitcoin briefly fell under USD 45k.US Treasury Secretary Yellen to deliver speech on digital assets on Thursday, according to Reuters.NOTABLE APAC HEADLINESChina's Shanghai City says it will remain in lockdown until city-wide mass COVID testing (due to start Apr 6) is complete; results will be used to assess whether an extension to the lockdown is needed.China's Shanghai city reports 16,766 new asymptomatic COVID cases for April 4th (vs 13,086 for April 4th).Over 60 Chinese cities ease policies on housing purchases to support market, according to Global Times.PBoC set USD/CNY mid-point at 6.3799 vs exp. 6.3793 (prev. 6.3509 on Friday).PBoC injected CNY 10bln via 7-day reverse repos with the rate at 2.10% for a CNY 440bln net drainDATA RECAPChinese Caixin Services PMI (Mar) 42 (Exp. 49.7, Prev. 50.2); Composite 43.9 (Prev. 50.1).

Ransquawk Rundown, Daily Podcast
Euro Market Open: Contained trade amid regional closures, RBA lifts AUD, Fed speak & data ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 5, 2022 4:11


APAC stocks traded mixed as the region observed mass closures, with Mainland China, Hong Kong, and Taiwan all away.US equity futures traded flat with a slightly softer bias but around yesterday's best levels.European equity futures are indicative of a slightly flat/softer open with the Euro Stoxx 50 future -0.1% after the cash market closed higher by 0.8% yesterday.DXY hovers around the 99.00 mark, AUD outperforms post-RBA, EUR/USD remains sub-1.10 and JPY firmer post-jawboning. RBA maintained its Cash Rate Target at 0.10% as expected; statement dropped reference to the word "patient".Looking ahead, highlights include EZ, UK & US Composite/Services Final PMIs, US ISM Services PMI,  Fed's Williams, Kashkari, and supply from the UK.US TRADEUS stocks finished higher across the board whilst Twitter shares soared 27% after Tesla (+5.6%) CEO Musk reported a 9.2% passive stake in the social media giant.SPX +0.84% at 4,584, NDX +2.01% at 15,159, DJIA +0.30% at 34,922, R2K +0.60% at 2,096.Click here for a detailed summary.NOTABLE US HEADLINESTesla (TSLA) CEO Musk, after purchasing a large stake in Twitter (TWTR), asks via a Twitter Poll whether users would like an "edit" button [for Twitter posts].GEOPOLITICSRUSSIA-UKRAINENEGOTIATIONS/TALKSUkrainian President Zelensky said he will address the UN Security Council on Tuesday.City council of Ukraine's Mariupol said Russia has appointed its own mayor of Mariupol, according to Reuters.DEFENCE/MILITARYThe US successfully tested a hypersonic missile in mid-March but kept it quiet for two weeks to avoid further tensions with Russia ahead of President Biden's trip to Europe, according to CNN sources.Russia's deputy envoy to UN Polyanskiy said AUKUS Provokes new round of arms race, Russia urges US to abandon plans to deploy ground-based missiles in APR, "rejects" possibility of using nuclear weapons in Ukraine, via Sputnik.ENERGY/ECONOMIC SANCTIONSEurogroup President Donohoe said Euro countries are ready to step up sanctions against Russia, but have not discussed details yet, according to Reuters.White House Adviser Sullivan said US is working with European allies to coordinate further sanctions on Russia and concluded Russia has committed war crimes and Bucha provides more evidence to support that. He said the conflict may not be just a few more weeks but could be months, and they are talking with European officials on sanctions options including for Russian energy.US Treasury will not allow any Dollar-debt payments to be made from Russian government accounts at US financial institutions, according to a spokesperson.OTHERNorth Korea said that South Korea is not their principal enemy, but if South Korea chooses confrontation, then nuclear forces will carry out their mission, via KCNA.CENTRAL BANKSThe RBA maintained its Cash Rate Target at 0.10% as expected. The statement surprisingly dropped reference to the word "patient". The Board noted inflation has picked up and a further increase is expected. The statement made no explicit mention of rate increases.ECB's Knot said the ECB should act in the face of high inflation and gradual but timely normalisation required. He added that high inflation not completely due to supply shock and demand has recovered far faster than expected, via Reuters.BoJ Governor Kuroda said recent forex moves are somewhat rapid. He added if the rise in long-term rates is rapid, BoJ will offer to buy unlimited amount of 10yr JGBs and it may not necessarily be a "last resort", via Reuters.A senior BoJ official said Japanese consumer inflation will likely hover around 2% for some time from April onward, via Reuters.A BoK official said upside risks to inflation path has risen since the Feb forecast; will continue to monitor commodities, via Reuters.BNZ now expects the RBNZ to hike the OCR by 50bps in May (prev. 25bps) "but, hesitantly, keep April at 25".APAC TRADEEQUITIESAPAC stocks traded mixed as the region also observed mass closures.Mainland China, Hong Kong, and Taiwan were all closed today due to domestic holidays.ASX 200 traded in the green in the run-up to the RBA release but trimmed those gains following the RBA's hawkish hold.Nikkei 225 reversed the gains seen at the open amid unfavourable currency dynamics after verbal jawboning from Japanese officials.KOSPI traded lacklustre as South Korean March CPI rose at its fastest pace since 2011.US equity futures traded flat with a slightly softer bias but around yesterday's best levels; ES -0.1%European equity futures are indicative of a slightly flat/softer open with the Euro Stoxx 50 future -0.1% after the cash market closed higher by 0.8% yesterday.FXFX markets were relatively quiet for most of the session aside from the early Yen action and the post-RBA Aussie.DXY eventually reclaimed 99.00 and US yields caught a bid across the curve in late APAC trade.EUR/USD remained sub-1.1000 and GBP/USD maintained its 1.3100-status, with the pairs uneventful for most of the night.AUD soared after the RBA's hawkish hold in which it dropped the reference to patience from its statement.JPY-pairs were hit following verbal jawboning from the Japanese Finance Minister and BoJ Governor.Japanese Finance Minister Suzuki said they are closely watching FX impact on Japan's economy and must look out for any sharp FX moves.Japanese Vice Finance Minister declined to comment on FX intervention, closely watching FX with a sense of urgency.FIXED INCOME10yr JGB yields fell after the BoJ Governor said the central bank will offer to buy an unlimited amount of 10yr JGBs and may not necessarily be a "last resort".10yr UST futures drifted lower overnight with the corresponding cash yield on either side of 2.40%.Bund futures mimicked UST price action and remained within yesterday's post-Europe range.COMMODITIESCrude futures were firmer in what was seemingly APAC traders picking up the baton from Wall Street trade.JP Morgan (JPM) is reportedly mulling its commodity exposure following the nickel episode, according to Bloomberg sources.Italy's Ecology Transition Minister expects 10bcm of extra gas from deals Algeria, Azerbaijan, and Libya this year, and to reach more than 20bcm/yr in early 2024. Italy expects to close first deals for extra gas next week, according to Reuters.Iran has announced the return of oil production to pre-sanction levels, according to Sky News Arabia.Spot gold edged lower as the Buck slowly recovered but remained within recent ranges.Copper traded flat and with volumes low due to China's day off.Russia prevented the movement of a ship loaded with Ukrainian wheat after it was bought by Egypt, according to the Embassy of Ukraine in Cairo cited by Al Jazeera.CRYPTOCrypto markets were sideways overnight with BTC above USD 45k and Ethereum north of USD 3,500.US SEC Chair Gensler has asked staff to consider expanding existing investor protections to crypto trading, according to Reuters.NOTABLE APAC HEADLINESChina's Shanghai city reported 13,086 new asymptomatic COVID cases for April 4th (vs 8,581 for April 3rd).Australia is to speed up the Australian Defence Force's missile strike capabilitiesDATA RECAPSouth Korea CPI Growth Y/Y (Mar) 4.1% vs. Exp. 3.8% (Prev. 3.7%)South Korea CPI Growth M/M (Mar) 0.7% vs. Exp. 0.4% (Prev. 0.6%)

Ransquawk Rundown, Daily Podcast
US Market Open: Fleeting upside dissipates amid the latest Russian sanction plans

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 5, 2022 3:11


European bourses began the session lackluster before seeing a marginal pick up amid broader risk-on moves as Ukraine's Zelensky spoke.However, this upside was fleeting with bourses and US futures now softer, ES -0.30%, amid reports of EU sanctions touching on energy (via coal)DXY remains bid but capped just above 99.00 while AUD outperforms amid RBA implying meetings are liveBunds have retreated markedly from initial best levels and after Monday's upside, OATs underperform as polls imply a tighter Macron-Le Pen raceWTI and Brent reside towards the top-end of another relatively modest range at this point in the session, awaiting further Ukraine-Russia updates.Looking ahead, highlights include US Composite/Services Final PMIs, US ISM Services PMI, Fed's Williams, Brainard, Kashkari & George.As of 11:10BST/06:10ETLOOKING AHEADUS Composite/Services Final PMIs, US ISM Services PMI, Fed's Williams, Brainard, Kashkari & George.Click here for the Week Ahead preview.GEOPOLITICSRUSSIA-UKRAINENEGOTIATIONS/TALKSUkrainian President Zelensky said he will address the UN Security Council on Tuesday.Ukraine President Zelensky has endorsed a delegation to partake in negotiations with Russia re. coordinating/preparing a draft treaty on Ukraine security guarantees, via Ifx.Ukraine President says the possibility of holding discussions with Russia is 'very challenging', but he has no other option, via Reuters citing Ukrainian TV.DEFENCE/MILITARYThe US successfully tested a hypersonic missile in mid-March but kept it quiet for two weeks to avoid further tensions with Russia ahead of President Biden's trip to Europe, according to CNN sources.Russia's deputy envoy to UN Polyanskiy said AUKUS Provokes new round of arms race, Russia urges US to abandon plans to deploy ground-based missiles in APR, "rejects" possibility of using nuclear weapons in Ukraine, via Sputnik.ENERGY/ECONOMIC SANCTIONS & UPDATESUS Treasury will not allow any Dollar-debt payments to be made from Russian government accounts at US financial institutions, according to a spokesperson.EU's Dombrovskis said oil and coal sanctions are also an option for new EU measures against Russia, via Reuters.Big EU sanctions package against Russia is coming; first tranche will touch on energy (EU coal ban from Russia), if approved, via WSJ's Norman. New bans on export of machinery worth EUR 10bln to Russia, new oligarch hits and family members of Russians, cap on potash imports and finally the transport road freight and vessel restrictions. Will need backing of EU27, which WSJ reporter says may not be easy.OTHERNorth Korea said that South Korea is not their principal enemy, but if South Korea chooses confrontation, then nuclear forces will carry out their mission, via KCNA.EUROPEAN TRADEEQUITIESEuropean bourses began the session lacklustre before seeing a marginal pick up amid broader risk-on moves as Ukraine's Zelensky spoke.However, this upside was fleeting and bourses are now softer, Euro Stoxx 50 -0.5%; note, the pullback began before, but has been exacerbated by, the latest sanctions updates.Sectors, has Energy Names outperforming amid benchmark action while Basic Resources lag awaiting the touted next set of EU sanctions.Stateside, US futures have moved directionally in tandem with EZ peers but magnitudes were more contained initially, but have slipped further amid the latest sanctions reports.Click here for more detail.FXAussie rules as RBA removes patience from policy guidance to imply upcoming meetings are live for rate hikes; AUD/USD approaches 0.7650 after round number and Fib resistance (circa 0.7609) breaks.Kiwi tags along after BNZ raised its May call for the RBNZ to a 50 bp tightening move from 25 bp previously, NZD/USD probes 0.7000 as AUD/NZD runs into headwinds above 1.0900.Dollar underpinned by bear-steepening US Treasury backdrop, but DXY unable to extend much beyond 99.000.Swedish Crown bid as another Riksbank member registers concern over inflation and contends that it's time to re-evaluate policy at the next meeting, EUR/SEK edges close to 10.3000.Loonie and Nokkie firm as WTI and Brent crude continue to rebound amidst ongoing geopolitical supply risk; USD/CAD near 1.2450 and EUR/NOK around 9.5300 at one stageJapanese Finance Minister Suzuki said they are closely watching FX impact on Japan's economy and must look out for any sharp FX moves.Japanese Vice Finance Minister declined to comment on FX intervention, closely watching FX with a sense of urgency.Click here for more detail.Notable FX Expiries, NY Cut:Click here for more detail.FIXED INCOMEBonds back in reverse gear after Monday's bounce, with Bunds around 100 ticks off their 159.42 overnight Eurex peak, Gilts 71 ticks below par circa 121.17 and the 10 year T-note closer to 121-22+ than 122-10.French OATs underperforming and testing 150.00 support in futures as polls predict a tight run-off between Macron and Le Pen for the Presidency.2026 UK DMO issuance draws decent demand, but tail a tad longer and yield much higher.Click here for more detail.COMMODITIESWTI and Brent reside towards the top-end of another relatively modest range at this point in the session, as fundamentals haven't significantly changed and we await Ukraine-Russia updates.Thus far, talks are ongoing, Ukraine acknowledges they are very difficult but there is no alternative and Russia continues to pushback on Bucha allegations.JP Morgan (JPM) is reportedly mulling its commodity exposure following the nickel episode, according to Bloomberg sources.Russia prevented the movement of a ship loaded with Ukrainian wheat after it was bought by Egypt, according to the Embassy of Ukraine in Cairo cited by Al Jazeera.Russian oil and gas condensate output is down 4% in early April, according to Interfax.Some Japanese aluminium buyers agreed a Q2 premium of USD 172/T, -2.8% QQ, according to Reuters sources.Spot gold/silver eased from best amid the initial risk-on actionClick here for more detail.CENTRAL BANKSThe RBA maintained its Cash Rate Target at 0.10% as expected. The statement surprisingly dropped reference to the word "patient". The Board noted inflation has picked up and a further increase is expected. The statement made no explicit mention of rate increases.BoJ Governor Kuroda said recent forex moves are somewhat rapid. He added if the rise in long-term rates is rapid, BoJ will offer to buy unlimited amount of 10yr JGBs and it may not necessarily be a "last resort", via Reuters.A senior BoJ official said Japanese consumer inflation will likely hover around 2% for some time from April onward, via Reuters.A BoK official said upside risks to inflation path has risen since the Feb forecast; will continue to monitor commodities, via Reuters.BNZ now expects the RBNZ to hike the OCR by 50bps in May (prev. 25bps) "but, hesitantly, keep April at 25".ECB's Rehn says ECB decided to proceed with gradual monpol normalisation in March, but recent inflation rates may give rise to the need for measures to curb inflation more quickly.Riksbank's Floden says inflation will be significantly higher than in their latest forecast, will need to re-evaluate monetary policy at the next meeting; risks for persistently high inflation have increased. The domestic economy is in good shape, labour market is strong.DATA RECAPEU S&P Global Composite Final PMI (Mar) 54.9 vs. Exp. 54.5 (Prev. 54.5); Services Final PMI (Mar) 55.6 vs. Exp. 54.8 (Prev. 54.8)UK Composite PMI Final (Mar) 60.9 vs. Exp. 59.7 (Prev. 59.7); Services PMI Final (Mar) 62.6 vs. Exp. 61.0 (Prev. 61.0)NOTABLE US HEADLINESTesla (TSLA) CEO Musk, after purchasing a large stake in Twitter (TWTR), asks via a Twitter Poll whether users would like an "edit" button [for Twitter posts].US President Biden is to propose adjustments to the Affordable Care Act to extend subsidies for families, according to WSJ; set to be announced today.Click here for the US Early Morning note.CRYPTOBitcoin is slightly firmer, residing near the top end of a slim USD 46,188-46,889 range.APAC TRADEEQUITIESAPAC stocks traded mixed as the region also observed mass closures.Mainland China, Hong Kong, and Taiwan were all closed today due to domestic holidays.ASX 200 traded in the green in the run-up to the RBA release but trimmed those gains following the RBA's hawkish hold.Nikkei 225 reversed the gains seen at the open amid unfavourable currency dynamics after verbal jawboning from Japanese officials.KOSPI traded lacklustre as South Korean March CPI rose at its fastest pace since 2011.NOTABLE APAC HEADLINESChina's Shanghai city reported 13,086 new asymptomatic COVID cases for April 4th (vs 8,581 for April 3rd).Australia is to speed up the Australian Defence Force's missile strike capabilities.DATA RECAPSouth Korea CPI Growth Y/Y (Mar) 4.1% vs. Exp. 3.8% (Prev. 3.7%); M/M (Mar) 0.7% vs. Exp. 0.4% (Prev. 0.6%)