China : Finance
STRATFOR on China and Japan Economy - Mar 5, 2010 - 6:38:46 AM
Peter Zeihan, vice-director of research at STRATFOR: "In the short run China’s economy will grow, but apart from that we disagree with the many who predict that China’s economy will be dominant over the next 100 years--on the contrary, it won’t!"

China : Finance
The Chinese Disconnect - Oct 23, 2009 - 7:06:24 AM
Senior monetary officials usually talk in code. So when Ben Bernanke, the Federal Reserve chairman, spoke recently about Asia, international imbalances and the financial crisis, he didn’t specifically criticize China’s outrageous currency policy.

But he didn’t have to: everyone got the subtext. China’s bad behavior is posing a growing threat to the rest of the world economy. The only question now is what the world — and, in particular, the United States — will do about it.

China : Finance
Chinese Shadow Banking Industry Faces Difficulty - Jun 5, 2009 - 5:58:40 AM
In an inner-Mongolia coal city, Erdos, private loan companies face pressures as they are unwilling to continue lending out money to coal miners (mostly small) and small real estate companies since March and April.

The business used to be profitable and safe during the golden days for the resources mining business--private lenders became millionaires over several months after finding resources from banks or friends (as their deposit base).

China : Finance
Why the International Energy Agency Questions China’s Statistics - May 17, 2009 - 7:52:54 AM
A heavyweight contender was added to the list of those questioning China's GDP growth in the first quarter -- the International Energy Agency; it argues that China's first quarter GDP data were inconsistent with a real decline in oil demand, and didn't match the unusually weak demand for electricity. [1] Such voices appeared long ago domestically, after the first quarter figures were released by the National Bureau of Statistics, some scholars and the media questioned the discrepancy between industrial added value and electricity consumption.

China : Finance
G2 and the Prospects of the New World Economic Order - May 5, 2009 - 2:03:45 PM
The G20 Summit in London went beyond people’s expectations, becoming a turning point of the world economic order. Most notable at the summit was that the countries participating demonstrated uncharacteristically co-operative attitudes. Obama was surely a major factor promoting this development; he gave up the usual arrogance of the United States for a new attitude of listening carefully, a model of humility, winning the favor of the leaders of participating countries, including Russia. We still don’t know what Hu Jintao’s contribution to the summit was.