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IBM Exits China, CCP Launches Housing Pension System, and Chines Coast Guard Rams Philippine Ship

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IBM announced they'll be ending their research and development operations in China, impacting over 1,000 jobs. But they're not cutting these jobs, just relocating them outside of China. Miles explains why. Next, Miles details the CCP's new "housing pension system" and closes with the latest collision in the South China Sea when a Chinese Coast Guard ship rammed a Philippine counterpart.

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