I feel really sorry for the LPs of Janos who had literally written of China when he called for that historic short on China.
China’s exports rose more than forecast in February and posted a third straight gain, a rebound that adds to pressure on policy makers to pare back stimulus measures adopted during the [...]
The banking regulator will soon come out with rules governing the payment system for commercial lenders and may join the global efforts to curb excessive risk-taking by clamping down on bank bonuses, people with knowledge of the matter told China Daily on Tuesday.
Under the guidelines, the base pay of a bank employee should not exceed [...]
The real estate prices in China continues to plough up in spite of the best efforts from Chinese central bank to curb lending.
It is reaching a dangerous level one where it is being termed as having the country growth kidnapped by the builder community.
China’s economy has been “kidnapped” by the property industry. It is [...]
After all the hullaboo about China selling off US treasuries to be No 2 holder behind Japan, it seems that new piece of information indicate that China is holding roughly 895 Bn UST far more than the $755 bn reported earlier.
Chain Daily reporting:
The report quoted the new government data as saying that China [...]
Chinese banks may have issued some 700 billion yuan ($102.54 billion) in new loans in February, roughly 40-45% lower than the January lending of over 1 trillion yuan.
China National Daily
“There is no doubt that the February figure will be significantly lower than the previous month, as the authorities have been pushing commercial lenders to [...]
This is disaster for the bullion banks and the FED. With China and India both in the fray to lap up the remaining Gold from the IMF, I cannot imagine the consequences for the bullion banks.
The Reserve Bank of India (RBI), which has increased its gold holdings to diversify its reserves, looks set to be [...]
Following are five key political risk themes for markets to watch in Asia in the coming week, and the Reuters stories related to them.
HOW WILL THAKSIN’S “REDS” RESPOND TO THAI RULING?
Thailand’s Supreme Court ruled late on Friday in favour of confiscating around $1.4 billion of assets amassed by the family of fugitive former premier Thaksin Shinawatra, some $900 million less [...]
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said.
World central banks started to increase their gold reserves after prices on gold began to climb in 2001. The IMF sells gold within the scope of a program to diversify sources of [...]
I am great believer in China standing upto to US pressure and not let yuan revalue at the whimsies of the FED. Revaluation of yuan only solves the problem by giving a quick impetus to growth but to maintain that growth still requires stringent measures. Then there is the unanswered question of US fiscal deficit which is to keep [...]
China continues to breathe fire as far as US tactics are concerned. I have recently covered the actions of US as far as Tiawa is concerned:
Treating China as a enemy is mistake
The final frontier
US has been using a dangerous tactics to forced feed China to continue to lend money at near zero rates. China obvioulsy [...]