Category: China Economy
The analysis published under this category are as follows.
Friday, November 28, 2008
China Panic Interest Rate Cut as Job Losses Soar / Economics / China Economy
By: Mike_Shedlock
The Telegraph is reporting China slashes interest rates as panic spreads . Factory workers surround a damaged police car during a protest outside Kai Da toy factory in Dongguan, China. Photo: REUTERS The People's Bank of China cut interest rates by more than 1pc point as the economy crumbles and millions of jobs are predicted to go ahead of Christmas.
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Wednesday, November 19, 2008
China's Stimulus Package Suggests Good Long-term Economic Prospects / Economics / China Economy
By: John_Browne
As Peter Schiff and I have long warned, America's reliance on borrowing and consumption to fuel economic activity would result in the wholesale destruction of national wealth. Until recently, the dissipation was largely invisible to most consumers. However, the ongoing plunge in real estate and equity prices and newly released statistics concerning retail sales, consumer confidence and employment have now made it plain to most Americans that their own wealth has been seriously, and perhaps permanently, degraded. In response, they are now hoarding cash and reevaluating their spending habits. Read full article... Read full article...
Tuesday, November 11, 2008
Strategic investing by Focusing on Companies that Sell to China / Companies / China Economy
By: Money_and_Markets
Tony Sagami writes: Beijing's latest stimulus package was a great sign that the country is devoted to future economic growth. And I think all the measures — which include infrastructure spending and tax deductions for exporters — are great news for investors focused on Asia.
But today I want to spend some time looking at another set of important economic indicators — the American pastimes of baseball and basketball.
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Monday, November 10, 2008
Peter Schiff and China's Economy Hard Landing / Economics / China Economy
By: Mike_Shedlock
We will take a look at Schiff from two perspectives shortly. First let's note the massive influx of workers into Chinese cities is now in reverse as Chinese job losses prompt exodus .
Tens of thousands of migrant workers are leaving the southern Chinese city of Guangzhou after losing their jobs, railway officials say. The increase to 130,000 passengers leaving the city's main station daily is being blamed on the credit crunch.
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Saturday, November 01, 2008
Chinese Manufacturing Contracts as the Tail Fails to Wag the Dog / Economics / China Economy
By: Mike_Shedlock
For the third month in four, China's manufacturing is in contraction. July and August were in contraction as discussed in China's Manufacturing Contracts for Second Month . Read full article... Read full article...
Tuesday, October 28, 2008
Credit Crisis Bailouts Continue; China Takes Aggressive Action on Economy / Economics / China Economy
By: Money_and_Markets
Tony Sagami writes: Alan Greenspan and Ben Bernanke will go down in history as two of the most incompetent Federal Reserve chairmen our country has ever had. Like Mr. Magoo, they blindly drove the stock market and then the real estate market into some of the biggest bubbles our world has ever seen. Read full article... Read full article...
Wednesday, October 22, 2008
Chinese Perspective on the Global Economic Recession / Economics / China Economy
By: Money_and_Markets
Tony Sagami writes: You've probably never heard of the Canton Fair, but it is the largest trade fair in the world, where thousands of manufacturers, businessmen, and merchants gather to conduct business.
The Canton Fair is co-hosted by the Ministry of Commerce of the People's Republic of China and the People's Government of Guangdong Province, and organized by the China Foreign Trade Centre.
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Friday, September 05, 2008
China: Beyond the Olympics Bird's Nest / Economics / China Economy
By: Jennifer_Barry
I don't usually follow the Olympics closely, but these Games were different. The 2008 Beijing Olympics were an event of great and unusual cultural, political, and economic significance to the world. Most commentary has naturally focused on the athletics, and I have not seen much serious analysis on these other topics. I decided to highlight the economic issues behind the Olympics. Read full article... Read full article...
Tuesday, September 02, 2008
China's Manufacturing Economy in Recession? / Economics / China Economy
By: Mike_Shedlock
Bloomberg is reporting China's Manufacturing Contracts for Second Month . Manufacturing in China, the world's fastest-growing major economy, contracted for a second straight month in August, according to a survey of purchasing managers.
The Purchasing Managers' Index was a seasonally adjusted 48.4, unchanged from July, the China Federation of Logistics and Purchasing said today in an e-mailed statement.
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Thursday, August 28, 2008
China Heading for Post Olympics Economic Bust? / Economics / China Economy
By: Mike_Shedlock
Something is going on in China that simply does not add up. Let's start with the GDP. ChinaView is reporting China think tank forecasts GDP growth at 10.2% in Q3 .
BEIJING, Aug. 8 (Xinhua) -- China will record a GDP growth of 10.2 percent in the third quarter, roughly the same as the second-quarter level, according to a report released on Friday by the State Information Center, a government think tank. The report said consumption would continue to be a major driving force for the national economy. However, auto and home purchases ebbed notably in the first half, adversely affecting consumption in the third quarter. I doubt 10.2% growth is anywhere close to sustainable in a world economy slowing so fast that a global recession is visible on the horizon. Furthermore China has a major pollution mess that needs to be addressed. China is poisoning its land, air, water, and most importantly its citizens.
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Tuesday, August 12, 2008
China Growing Risk of Corporate and Economic Distress / Stock-Markets / China Economy
By: John_Mauldin
China is all the rage for the next few weeks as the Olympics are going on. Many are calling this China's time to showcase itself to the world. I have a lot of friends and analysts who are big China bulls, believing that the next few years will see continued high growth in China, although less than the above 10% of the past few years.
In Outside the Box, we like to look at some contrarian analysis from time to time. Value Investor Vitaliy Katsenelson gives us some reasons why the outlook for China might not be so bright. This has implications for lots of markets that are driven by Asian demand.
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Wednesday, June 25, 2008
Higher Gas Prices Will Help the Chinese Economy / Stock-Markets / China Economy
By: Money_and_Markets
Tony Sagami writes: With all the great economic strides China has made, it is sometimes easy to forget that China is still a communist country and is controlled by the Communist Party of China.
Part of that Communist control is over prices. The National Development and Reform Commission (NDRC) controls the prices on thousands of items: Drugs, grain, edible oils, pork, noodles, milk, eggs, cigarettes, cloth, steel, train and bus fares, cement, fertilizer, college tuition ... and fuel.
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Friday, May 09, 2008
Investment View From China: The Secret Path to Profits / Stock-Markets / China Economy
By: Keith_Fitz-Gerald
BEIJING, CHINA - Whether you're trying to invest profitably in the region here, or are just trying to understand what's going on, there's a single secret that will virtually guarantee your long-term success.
And I'm going to tell you what that secret is.
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Sunday, December 23, 2007
China Infrastructure Growth: It's Not About Beijing 2008 Olympics / Stock-Markets / China Economy
By: Chip_Hanlon
Stop it! Please just stop.
I saw it yet again yesterday: another commentator talked about how China 's economy should keep chugging along through the 2008 Olympics in Beijing , particularly its appetite for commodities due to its infrastructure needs ahead of that event. Sometimes I hear it said that the trend might last through 2010 and the World Expo in Shanghai for similar reasons.
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Thursday, November 15, 2007
China Inflation Problem A Result of Policy of Support for the US Dollar / Economics / China Economy
By: Paul_L_Kasriel
China's inflation problem will continue as long as the U.S. dollar remains under downward pressure and the Chinese policy is to cushion the greenback’s decline. Chart 1 illustrates the result of China’s inflation problem – i.e., rising prices for goods/services, financial assets and real assets. Chart 2 illustrates the reason for China’s inflation problem – i.e., excessive credit creation by the People’s Bank of China (PBoC), the Chinese equivalent of the U.S. Federal Reserve.Read full article... Read full article...
Wednesday, August 29, 2007
Chinese Consumers Show No Sign of Slowing! / Economics / China Economy
By: Money_and_Markets
Tony Sagami write: Just when U.S. investors were breathing a sigh of relief based on last week's uptick in new home sales, they got smacked again yesterday with far bleaker news on the larger market for existing homes:
• Another decline in sales …
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Tuesday, August 14, 2007
China's Economic Blackmail / Economics / China Economy
By: Joel_S_Hirschhorn
Massive amounts of Chinese imports are threatening public health and safety. Many food and consumer products pose risks. Lead in children's toys and jewelry. Toxins in foods for pets and humans, and in toothpaste. Unsafe automobile tires. Many prescription drugs made with few safeguards. The list is endless. The federal government is not safeguarding American citizens through thorough testing of imports.
Why?
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Saturday, August 04, 2007
Lower Standards - The Downsides to Outsourcing to China / ConsumerWatch / China Economy
By: Andy_Sutton
We were greeted this week again with something that is becoming rather familiar and worrisome; a recall of yet another Chinese-made product. This time it was toys which contained paint with unacceptable lead levels. Most if not all of us remember the recent pet food scandal in which melamine was found in pet food. This substance was responsible for the deaths of an untold number of pets, our own included.
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Saturday, July 21, 2007
Chinese Money Supply - How Do You Say "Rube Goldberg" in Chinese? / Economics / China Economy
By: Paul_L_Kasriel
China has an economic problem - inflation. When I speak of Chinese inflation, I am referring to what the People's Bank of China (PBOC, not to be confused with PB&J) is doing - creating massive amounts of credit "out of thin air." Chart 1 shows that the total assets on the PBOC's balance sheet grew by approximately 29% in the 12 months ended May. Although that is down from peak growth of 38% in the 12 months ended September 2005, 29% still is a sizeable increase in central bank credit creation.Read full article... Read full article...
Thursday, July 12, 2007
China: The One-Child Policy Dilemma / Politics / China Economy
By: John_Mauldin
This week in a special Outside the Box my good friends at Stratfor addresses the current Chinese dilemma created by their One Child Policy, namely how to continue economic growth with a rapidly aging population coupled with a deteriorating labor force, mind you striving to attend to these issues simultaneously without creating significant rural unrest.Stratfor predicts a less than somber outcome, anticipating Beijing' inability to address these dire concerns simultaneously, with the result being bureaucratic malaise and rural unrest.
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