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How Beijing is neutralising Washington’s sanctions machine

sanctions_and_trade_policyGlobalSCMP27 Sept, 12:30 UTC

Context

Last week, the president of the United States stood at the podium of the United Nations General Assembly and asked aloud whether he should “annihilate the Islamic Republic and do it quickly”. Donald Trump then turned to Venezuela’s oil and declared: “To the victor belong the spoils, you’ve all heard that …” He spoke as the Iran war neared its eighth month, a week after the UN Human Rights Council found “reasonable grounds to believe” that the US had committed war crimes. In the same speech,...

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
↑ / ↓ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 27 Sept, 12:33 UTC