Business Week Reports China Economic Slowdown Despite Stimulus
Amid growing concerns that China’s growth figures may be overstated, the National Bureau of Statistics announced July 13 that gross domestic product grew 7.6 percent in the second quarter, its slowest...
View ArticleChina’s Catastrophic Deleveraging Has Begun
1. The frustrated and aggressive central bank If one wants to know how bad the health of China’s economy has gone, look no further than the PBOC‘s composure, which seems rather frustrated and...
View ArticleIntel: NASDAQ No Chinese Safety Net
Safety Net? Intel, the world’s largest semiconductor maker, beat predictions for its second-quarter earnings, but forecast third-quarter sales that were lower than analysts had estimated, as an...
View ArticleU.S. Losing Canadian Oil Sands To China
Some U.S. politicians come down hard on the Obama Administration for what will no doubt be described as driving Canada’s energy sector into the arms of China: Cnooc Ltd. (883)’s $15.1 billion cash...
View ArticleChina Aims to Drive Domestic Consumption
China is currently facing a spending crunch from Europe and the U.S., which is impacting the economy and threatening a possible “hard landing.” The superlative growth over the last decade has largely...
View ArticleChina’s Rail Cargo Volume Just Turned Negative For The First Time Since 2009
China‘s vice premier Li Keqiang was widely reported to have said that China’s GDP figures are not reliable. According to Reuters, he is said to be relying on electricity consumption, rail cargo...
View ArticleChina’s Newest Investment Looks Like A Scam
I have a hard time convincing potential investors to buy a share of my West Indies (Headquarter) company as we search for suitable investments for the cash accumulated in a bank account. Here is one...
View ArticleChinese export growth tumbles
Signs that the Chinese economy is sputtering mounted Friday, in the form of dismally feeble trade data that fanned expectations that Beijing would soon step up its efforts to buttress growth before a...
View ArticleNorth Korea: Escape From Camp 14
For a pretty scary look at what’s going on in North Korea, at least in some of the prison camps. As China‘s closest ally, what goes on in North Korea has special significance in this region. Escape...
View ArticleChina approves $157-billion infrastructure spending to pump flagging economy
China has given the green light for 60 infrastructure projects worth more than $150-billion as it looks to energise an economy mired in its worst slowdown in three years, fuelling hopes the world’s...
View ArticleHow much gold does China have?
China Is Seeking To Offset The Declining U.S. Dollars It Holds By Buying Gold On the 24th of April 2009, China announced that it had increased its gold reserves 75% from 600 tonnes to 1,054 tonnes....
View ArticleChina’s economy mending; Germany’s descending
Any hopes of a Euro Zone rebound appear to have been dashed for now The eurozone’s biggest member, Germany,is being sucked into the bloc’s worsening economic quagmire, business surveys suggested on...
View ArticleBank of America is bullish on China
Merrill Lynch‘s China economist Ting Lu just published a big bullish 11-page report in which he cranked up his GDP estimates citing “across-the-board green shoots. “Here’s a summary of his revisions:...
View ArticleThe number of millionaires in China
“Employing forecasts from the International Monetary Fund, Credit Suisse expects total household wealth to rise by almost 50% in the next five years from US$223 trillion in 2012 to US$330 trillion in...
View ArticleChina silver demand to climb to record
Investment Demand for Hard Assets to Protect Wealth Silver demand in China, the world’s second-largest user, is set to jump as much as 10 percent next year to a record as investors look to preserve...
View ArticleChina’s economic growth at stake as Communist Party meets
As an investor I track the Chinese economic scene to position my portfolio for the turns that China will put to my profits. China’s Communist Party gathers today in Beijing to choose its fifth...
View ArticleChina’s leadership transition feared by foreign businesses
The country’s new leaders, whose identities will be formally revealed on or around November 15, look likely to be a fairly conservative group when it comes to economic and political reform. That...
View ArticleAnyone expecting big China reforms is in for a massive disappointment
China has wrapped up its 18th Congress and it is now clear who will be leading the world’s second largest economy.Xi Jinping was named the Head of China’s Communist Party (CPC) and chairman of the...
View ArticleCitibank forecasts a reversal in China commodity, growth patterns
In his latest note Citi‘s Edward L Morse writes “the commodity super cycle is over.” That is a monumental call, given how popular the long commodities trade has been. Why the turn? Basically, it’s all...
View ArticleChina’s mafia-style hack attack drives California firm to brink
During his civil lawsuit against the People’s Republic of China, Brian Milburn says he never once saw one of the country’s lawyers. He read no court documents from China’s attorneys because they filed...
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