South Korea's exports tumbled to $41 billion in April, marking the 16th consecutive month of declining foreign sales. Last month's result represented an 11.2% decline from the prior year and an 18% drop from April 2014.
As in so many housing bubbles, soaring apartment prices feed epic high-rise construction booms with the promise of big profits backed by easy money. Years can pass between initial plan and completion, and now the fruits of Hong Kong's epic construc
China is carrying $1 trillion in bad debt and 'unless this vicious cycle is broken, financial crisis or at least a sharp slowdown is an inevitable ultimate outcome'
The Chinese government on Thursday denied a Navy flotilla access to the port in Hong Kong, Pentagon officials said Friday, the latest sign of escalating tension between the United States and China.
Chinese President Xi Jinping recently announced that he would take command of all of China's armed forces, including the People's Liberation Army (PLA).
The speculators that traded $261 billion in Chinese commodities in a single day last week are retreating as regulators prepare to step up control of the market.
As China's credit fueled craziness rages on, individual "investors" have been tripping over themselves trying to get in on a piece of the action, opening up enough brokerage accounts for every man, woman, and child in LA and pouring hard earned money
Last year, $674 billion fled China. This year through March, $175 billion did. The Institute of International Finance, in a report released today, estimated that $538 billion would flee China this year.
Beijing "strongly opposes" the European Union making irresponsible accusations about Hong Kong affairs and warned foreign governments not to interfere in the city's affairs.
The United Nations Sustainable Development Summit held in September 2015 laid out common visions of the world to seek win-win cooperation and development of all. The Summit adopted the 2030 Agenda for Sustainable Development, which provides guidance
China successfully flight tested its new high-speed maneuvering warhead last week, days after Russia carried out its own hypersonic glider test, according to Pentagon officials.
After warning last year of a "practically unavoidable" hard-landing to come in China, George Soros unleashed his central-planner-crushing self last night on the great red ponzi.
China is run by a communist party but its policies are increasingly mercantilist and reminiscent of European and US strategies. Whether the world is run out of Washington or Beijing, the economic, political and military approach is increasingly simi
Billionaire investor George Soros said China's debt-fueled economy resembles the U.S. in 2007-08, before credit markets seized up and spurred a global recession.
China's shift to an official local-currency-based gold fixing is "the culmination of a two-year plan to move away from a US-centric monetary system," according to Bocom strategist Hao Hong.
China's national energy statistics are subject to ongoing adjustments. The most recent one, in 2014, revised China's energy use upward, mainly as a result of adjustments to coal use. The revisions follow the Third National Economic Census, which
Overnight a historic event took place when China, the world's top gold consumer, launched a yuan-denominated gold benchmark as had been previewed here previously, in what Reuters dubbed "an ambitious step to exert more control over the pricing of the
Bill Gertz for the Washington Free Beacon reports, Chinese military hackers are conducting cyber attacks on the Pentagon's Missile Defense Agency networks on a daily basis and will soon shift to hacking into networks of missile defense contractors,