A close reading of the numbers suggests accounting tricks have played a significant role in China’s economic data. Chinese government figures showing a 19.8 percent rise in the country’s exports for the three months to February were definitely puzzling. Due… Read More ›
One of the things that I find very interesting is the field of international relations. I love to read about different cultures, histories, and how different groups, systems, and cultures interact with others. Throughout the course of my 25 year… Read More ›
HSBC economists (Hogbin Qu, HSBC chief economist for China and two other HSBC economists specialising in the analysis of the Chinese market – Sun Junwei and Ma Xiaoping) believe that the Chinese yuan will become a convertible currency in the… Read More ›
Xinhua reports that the Chinese Finance Ministry announced that in the first five months this year, total operating income of, and taxes and fees payable by, state-owned and state-holding enterprises grew slowly and their profits continued to decrease, being 10.4%… Read More ›
Beijing set the reference rate for the yuan at a record high yesterday, one week ahead of an economic summit between the nation’s top policymakers and their United States counterparts. The People’s Bank of China put the central parity rate… Read More ›
Veteran investor Jack Rodman has had enough. After waiting 11 years for China to sell its rising pile of bad bank loans, he is quitting and going to Spain instead. His pull-out exposes a pressing failing in China’s booming financial… Read More ›
China News 