China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on track.
China has said that it is up to the US to mend diplomatic ties strained over Washington's sale of arms to Taiwan and a recent meeting between President Barack Obama and the Dalai Lama. Yang Jiechi, China's foreign minister, said on Sunday that the
China just announced it is about to pull the rug out of the entire lending concept when it announces it is nullifying loan guarantees by all local governments. The total potential impact: $3.5 trillion smackers.
As part of that plan, huge developments are underway in the north of the country, building new ski resorts and runs.
Chinese farm production rose to $759,94 billion in 2008, the latest year for which figures are available, from $584,25 billion in 2007, according to a note by the WTO secretariat, circulated on the WTO website and dated February 23.
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.
While Rogoff said he isn’t sure what will cause China’s bubble to pop, he said land is “the best bet” as it is “the most common source” of crises. Real estate values in Shanghai and Beijing have “taken a departure from reality,”
Marc Faber says China is overdoing it. “It does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity, I think the Chinese economy will decelerate very substantially...
In a grainy, video interview with Russia Today, Jim Rogers expresses his fear that the US and China are on a permanent collision course -- the latest Dalai Lama fracas being the latest example.
What Message is China Sending with a $34 Billion Drop in it Holdings of US Government Debt? A lesson needs to be learned about what happens when the government get in the practice of doing favors....
Gradually we are getting confirmation that Chinese "posturing" about offloading US debt is all too real. The most recent TIC data confirmed the Treasury's greatest nightmare: China is now dumping US bonds.
The Chinese embassy in Washington has said the country's best known activist lawyer, missing for a year after being taken from his home, is "working" in the western city of Urumqi, a U.S.-based rights group said.
Western powers, led by the administration of President Barack Obama, are seeking new U.N. sanctions against Iran over its expanding nuclear program, but China has remained cool to the idea of tougher steps against the big oil supplier.
In this 6 minute segment Michael Shedlock describes in how China's economy is a huge bubble built on empty condos and shopping malls.
A Chinese activist who spent 3 months camped inside Tokyo airport as a protest flew back to China and was allowed into the country. Feng Zhenghu protested China's refusal to let him return to his country. Police met him at Shanghai's airport and
China raised the level of reserves banks must hold for the second time this year on Friday, spooking financial markets on the eve of its New Year holiday by showing it was intent to curb lending and inflation.
The commercial property space under construction in China at the end of November was the equivalent of 6,800 Burj Khalifas -- the 160-story Dubai skyscraper that’s the world’s tallest.
China has ordered managers of its vast currency reserves to to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets.
One of China's most controversial artists supports US Internet giant Google in its standoff with Beijing, and said his Gmail accounts had been breached by hackers. He said Google set an important example by challenging state censorship
To the growing list of grievances between the US and China, add one more: the Obama administration is reviving American pressure on China to stop artificially depressing its currency, a policy that fuels its persistent trade gap with the United State
The Toyota recall has sparked debate among consumers in China – which has taken hits over tainted milk products and toys with lead paint – about how companies should respond. Is Japan's top carmaker putting Chinese firms to shame?
China, already outraged over U.S. arms sales to Taiwan, Tuesday warned of damage to bilateral ties if U.S. leaders met with the Dalai Lama.
Chinese state media attacked the US on Monday after the Obama administration announced its first arms package for Taiwan, a move that prompted China to impose sanctions on the companies involved.
[Who will clothe our troops?] China suspended military exchanges with the United States and threatened sanctions against American defense companies, just hours after Washington announced $6.4 billion in planned arms sales to Taiwan.
The 23% surge in China's foreign reserves last year to $2.4 trillion is a much clearer signal that its currency is undervalued. China rightly worries that a new program of gradual appreciation would only encourage more hot money inflows. So
Of course, the Russians were very prophetic, with the formal GSE conservatorship announcement following a few short days later on September 6, 2008. They also knew how to put their money where their mouth was:
China is still a growth machine, averaging around 9% GDP lately. But a growing chorus of bears thinks they're cooking the books, and that the whole thing is a huge bubble waiting to pop.
he China Association of Automobile Manufacturers (CAAM) announced annual sales rose 46.15 percent year on year to 13.64 million units. Output increased 48.3 percent to 13.79 million units. Passenger car sales were up 52.93 percent to 10.33 million u
Few of his fellow villagers mourned the local Communist Party official many say made their lives hell by seizing land, extorting money and bullying people for years.
Oh happy days are here again. Obama is going to get our money back from the banks. Jeffrey Sachs is telling Haiti how it can get its economy back in order (with other people’s money, naturally). And Thomas Friedman is offering investment advice.