China several years ago... At the time, nary a peep could be heard about the insanity of China's "market economy" – which is about as "free" as the Chinese Internet. But now the evidence is becoming clear. China is busted.
The US-China Economic and Security Review Commission has just finished a very disturbing report that lends credence to those US intelligence officers who've been arguing that a "cyber state of war" exists between America and China.
As enmity continues to build between the US and Pakistan over the use of Predator drones, military incursions into Pakistan's sovereign territory, and a festering revolt within the ranks of Pakistani intelligence services, China has stepped in with
A day after European leaders unveiled their latest plan to save the euro, top officials opened talks with China in an effort to lure tens of billions of dollars in additional cash, giving China perhaps its biggest opportunity yet to exercise financia
"Ni Hao from Guilin, China,
"I have been here for two weeks and there are many impressions I have—too many for this email. But a couple I think are worth a mention:
"Anarchocapitalism is alive and well here.
Apparently the Chinese didn’t learn much from the US property bust; they’ve made precisely the same mistakes, and it’s starting to have serious effects on the broader economy.
Beijing believes that similar to the United States military presence in Pakistan, a Chinese attendance would enable its military to effectively counter the Muslim separatists who have been operating from the tribal areas of Pakistan for almost a deca
Recent reports from the National Bureau of Statistics show that home prices have fallen up to 50% in many parts of the country in the period from July to September. But who gives a damn about government reports? The real evidence is on the ground.
How has the United States boxed itself into an extremely dangerous corner by becoming increasingly reliant on our historic adversary, the Communist Chinese, for critical resources!
As one example, the United States faces the ever-present potential
The China hard-landing debate is a classic tail risk story — an unlikely scenario, but if it materializes the consequences could be catastrophic.
Because of their close trade links, Malaysia, Singapore, South Korea, Taiwan and Hong Kong would be a
While some candidates in tonight’s Bloomberg/The Washington Post Republican Presidential Debate at Dartmouth College had a chance to respond to questions about the China currency manipulation bill that passed the Senate tonight, Rep. Ron Paul (R-TX)
To anyone still believing that capital markets around the world express something other than government policy, the latest news out of China may come as a surprise: "Beijing will buy more shares in China’s biggest banks, in an expression of support f
When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need.
An angry China warned Washington on Tuesday that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world's top two economies.
China's central bank and the ministries of commerce and foreign a
The US would like China to explain why it needs an aircraft carrier amid broader concerns about Beijing's lack of transparency over its military aims. "We would welcome any kind of explanation that China would like to give for needing this kind of
Many parents and grandparents in this mountainous region of terraced rice fields have long known to grab their babies and find the nearest hiding place whenever family planning officials show up. Too many infants have been snatched by officials, neve
Inflation in China accelerated last month to its fastest pace in three years, with consumer prices up 6.5 percent from a year earlier mainly as a result of rising food prices. Producer prices were 7.5 percent higher in July than a year ago.
Communist China owns over $1.1 trillion of US treasury debt and it is not a happy camper!
As the largest holder of US treasury debt of all non-US countries, Communist China has a large stake in the future viability of the US economy.
Similarly
China called for a new stable global reserve currency."The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone," China's official
China has demanded the US stop spy plane flights near the Chinese coast, saying they have “severely harmed” trust between the two countries. 2 Chinese fighter jets attempted to scare off an American U2 reconnaissance plane that was collecting intelli
What do a rusting Russian aircraft carrier, two top-ranking military officers, mounting trade deficits and half a trillion dollars in potential oil and gas in the South China Sea have to do with world peace?
China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as the growth pace of its vast economy gently eases.
The 25-basis-point increase in lending and deposit rates und
The rmb has actually risen by all of 5 percent against the dollar over the last year--doesn’t get the job done, because the dollar’s gone down against other currencies and there’s been virtually no change in the trade-weighted strength of the rmb. Th
The bill would clear the way for the U.S. government to consider currency undervaluation as a subsidy that can be offset with U.S. countervailing duties on Chinese goods.
While only a small portion of Chinese exports to the United States would lik
Chinese children suffering lead poisoning from polluting smelters and factories have been denied testing, effective treatment and even basic information by officials who downplayed health threats, a human rights advocacy group said on Wednesday.
T
AN eruption of protests throughout China has sent armoured vehicles into town centres, prompted an internet blackout by the government and left thousands across the country blogging about "crazy" violence on the streets.
The program grants foreigners permanent U.S. residency in exchange for helping create U.S. jobs.” This prong will facilitate the immigration of Chinese nationals into the United States for the purpose of establishing a Chinese industrial beachhead...