Over 1 in 5 homes (with $674 billion of mortgages) in China stand empty... and if you think that urbanization will fix that, as WSJ reports, a 10 percentage point rise in the urbanization rate (already at 54%) would result in only a 2.6% drop in vaca
Starting back in May of 2013, we first predicted that China's "Lehman event", even more troubling than the recent advent of Chinese corporate bankruptcies and perhaps even its housing crisis, namely the "discovery" that behind China's virtually-infin
One of the few consensus ideas that I took away from the Strategic InvestmentConference is that China has the potential to become a real problem. It seemed to me that almost everyone who addressed the topic was either seriously alarmed at the extent
While we have warned about the problem with near-infinitely rehypothecated physical/funding commodities/metals, be they gold or copper, many times in the past, and most recently here, it was only this week that China finally admitted it has a major p
The IMF founding members "decided that the institution would be headquartered in the country which had the biggest share of the quota, which chipped in the biggest amount and contributed most. And that is
The planned expansion on the disputed Fiery Cross Reef, if approved, would be a further indication of China's change of tack in handling long-running sovereignty disputes from a defensive stance to an offensive one,
25 years ago, on June 4, 1989, the Chinese government launched a brutal military crackdown on student-lead demonstrations assembled in Beijing's Tiananmen Square. For 7 weeks prior, protestors swelled into the
The deformations in the global economy arising from the central bank fueled credit deluge of the last two decades become more visible and foreboding by the day.
More than 180,000 people gathered in Hong Kong's Victoria Park for a candlelit vigil tonight to mark the 25th anniversary of the 1989 Tiananmen Square crackdown that killed between 300 and 2,600 peaceful protesters.
That stench coming from your computer wafts from the rank hypocrisy of the "Statement by the Press Secretary on the 25th Anniversary of Tiananmen Square." In this latest ham-fisted and oh-so-self-serving propaganda,
The issues of secrecy in the Chinese military is regularly cited as a prime concern in congressional defense reports and U.S. military reports. China's defense budget increased 12.2 percent this year to $132 billion, following a pattern of similar in
China plans to have 50,000 kilometers high speed rail network built inside of China by 2020. The external line to the US via Russia and Canada would be an added 12000 km outside of China and a line to Europe via India would be of similar length. So 4
Renderings of this futuristic Floating City (via Dezeen) could very easily pass for the storyboard of a Hollywood sci-fi flick set in the distant future.
For the last several years, nobody has been more outspokenly bearish on Japan than Kyle Bass. In a recent talk, Bass reiterated his doubts about Japan’s chances of averting a debt crisis. What’s more, he also said China’s economy will fall below expe
Sanction threats against Russia sent shockwaves of panic across the world of investment. There’s still those who still believe in the prospects of the Russian economy, despite the political turmoil.
China plans to take more than five million ageing vehicles off the roads this year in a bid to improve air quality, with 330,000 cars set to be decommissioned in Beijing alone, ...
A quarter of a century after Communist authorities crushed the Tiananmen Square demonstrators and their hopes of reform, protest leader Wu'er Kaixi still lies awake at night, haunted by the dead and their unrealised dreams.
The cyberwarfare issue, as Holder and DOJ have presented it, is a farce. He and the Justice Department are carrying water for the military, edging ever closer to limited armed conflict, with the growing risk of going nuclear.
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