A highly respected Chinese professor of finance says the economy of China is as precarious as Greece and is facing a devastating collapse. If China falls the already wildly erratic European economies will surely topple and America may swiftly follow.
The central government's efforts to control inflation over the past year have restricted bank credit, driving up the demand for underground loans,...private loans that have interest rates as high as 60%.
A man set himself on fire in Tiananmen Square over a court dispute last month, police in Beijing have confirmed. It is a rare case of such protest in the politically sensitive centre of China's capital.
The police said officers at the scene quickl
The Obama administration announced plans Wednesday to establish a permanent military presence in Australia, part of the president’s high-profile foreign policy shift toward Asia that is intended to counterbalance China’s growing power.
Newfound Google Maps images have revealed an array of mysterious structures and patterns etched into the surface of China's Gobi Desert. The media — from mainstream to fringe — has wildly speculated that they might be Chinese weapons-testing sites, s
You know the “biting the hand that feeds you” thing… Does the administration (and lawmakers) truly believe that China will not get ticked off, and choose not to attend the next Treasury auction? What happens if they do?
A group of people studying online maps stumbled across a series of strange patterns in the Chinese desert large enough to be seen from space. The unusual white designs appear to have been etched into the ground and their creators clearly don't lack f
The head of China's biggest ratings agency, Dagong Global Credit Rating, is warning that it may downgrade the US's sovereign debt rating again because of Washington's failure to tackle the federal budget deficit.
The remarks by Dagong's chairman,
China’s state-owned broadcaster has launched an aggressive international push to extend the country’s influence, opening a new headquarters in Washington that will broadcast English-language programming from the heart of the US capital.
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
And while this is admittedly a symbolic development, we follow up this news with a piece from SocGen's Albert Edwards who has some quite factual observations on why China is now in stall speed and has little hope of a Hollywood ending.
Seven American makers of solar panels filed a broad trade case in Washington against the Chinese solar industry on Wednesday, accusing it of using billions of dollars in government subsidies to help gain sales in the American market.
Seven American makers of solar panels filed a broad trade case in Washington against the Chinese solar industry on Wednesday, accusing it of using billions of dollars in government subsidies to help gain sales in the American market.
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
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