Markets

Don’t Believe The Hype About China’s 2013 Rebound

[credit provider=”China Photos/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/chinese-people-visit-a-national-flag-show-at-chaoyang-park-news-photo/72054208″] I took a bit of a blogging break for the holidays, so this is a catch-up post.Just before Christmas I appeared on another edition of Sinica Podcast, this one focused on the looming clash between the U.S. and China over accounting standards for US-listed Chinese […]
Don’t Believe The Hype About China’s 2013 Rebound
Markets

PATRICK CHOVANEC: Not A Single Chinese Company I Talk To Is Experiencing Any Growth This Year

[credit provider=”Bloomberg” url=”http://www.businessweek.com/videos/2012-04-08/china-may-be-experiencing-contraction”] Patrick Chovanec, a professor at Tsinghua University (and well-known blogger) was on BloombergTV last night, talking about a ‘disconnect’ between official economic numbers out of China and what he’s seeing on the ground.You can watch the video below, but we’ve taken notes, and the gist is that […]
PATRICK CHOVANEC: Not A Single Chinese Company I Talk To Is Experiencing Any Growth This Year
Markets

Here’s What You Need To Know About The Politics Behind Rare Earth Metals

Earlier this week, the U.S. Senate held hearings on a bill to jumpstart domestic production of “rare earth” minerals, in order to break China’s near-monopoly on these little known but essential raw materials.  Yesterday, I was asked to appear on Chinese TV to offer some background and insight on the issue.
Here’s What You Need To Know About The Politics Behind Rare Earth Metals
Markets

The Chinese Are Hoarding A New Commodity That’s Become Even More Expensive Than Gold

[credit provider=”wikimedia commons” url=”http://commons.wikimedia.org/wiki/File:Cup_jade_India_Louvre_R331-332.jpg”] The New York Times had an intriguing story yesterday on the skyrocketing price of jade in China.  According to the article, the demand for jade among China’s newly rich  “appears to have reached a frenzy in the past year or two.”  The price of the finest jade […]
The Chinese Are Hoarding A New Commodity That’s Become Even More Expensive Than Gold
Markets

China Has Picked The Wrong Time To End Its Love Affair With Capitalism

Michael Wines has an excellent report in today’s New York Times, about the rising dominance of China’s state-owned enterprises, at the expense of the once-vibrant private sector.  Although partly an unanticipated consequence of China’s big stimulus push, he notes, the trend may — to some degree — reflect a more profound shift in […]
China Has Picked The Wrong Time To End Its Love Affair With Capitalism
Markets

Are Official Statistics Masking Blistering Hot 33% Inflation In China?

Monthly inflation figures are due out tomorrow from the Chinese government, which will no doubt provide plenty of fodder for the debate over whether China’s economy faces greater danger from overheating or from a renewed slowdown.  The government has made it quite clear that its target is to keep consumer (CPI) inflation capped […]
Are Official Statistics Masking Blistering Hot 33% Inflation In China?
Markets

Rising labour Costs Won’t Necessarily Cripple The Chinese Economy

[credit provider=” Saad Akhtar via Flickr” url=”http://www.flickr.com/photos/saad/1901721/”] I have an article in this month’s (August 2010) issue of China Economic Review, on rising labour costs in China and their impact on China’s competitiveness.  You can read it here.  My basic argument is that while stimulus project in China’s interior provinces have […]
Rising labour Costs Won’t Necessarily Cripple The Chinese Economy
Markets

The Chinese Banking System Is Seriously At Risk

A couple of weeks ago, I published a column outlining my doubts about the health of China’s banking system in the lead-up to the Agricultural Bank of China (AgBank)’s IPO.  Given the lackluster performance of that share launch – despite the considerable political capital Beijing mobilized behind making it a success – it seems I was hardly […]
The Chinese Banking System Is Seriously At Risk
Markets

China’s May Export Surge — Is It Really Good News?

Yesterday, China announced that its exports in May surged 48.5% compared to the same month last year.  Imports into China rose by nearly the same percentage, 48.3%, but overall, China’s trade surplus for the month spiked to a historically strong US$20 billion.  Stock markets in Shanghai and Shenzhen rallied 3% […]
China’s May Export Surge — Is It Really Good News?