News Brain Drain and Capital Flight: 64% of Wealthy Chinese Plan to Leave China
Massive pollution, especially unbreathable air, lack of educational opportunities, food, safety, and corruption are some of the reasons behind a recent poll that shows a whopping 64% of wealthy Chinese plan to leave the country.
News Capital Flight From China, One Person at a Time, Via ATM and Bitcoin
In response to New Yuan Loans and Shadow Banking Collapse in China; Record Bank Deposit Slump reader "CF" from Hong Kong who works in China explains how he is pulling every cent he can out of renminbi (yuan) , converting instead to Hong Kong dollar
News The Richest Man in Asia is Selling Everything in China
Li is reportedly the richest person in Asia with a net worth well in excess of $30 billion, much of which he made being a shrewd property investor.
Li Ka-Shing was investing in mainland China back in the early 90s, way back before it became the tr
News China Raids Multiple Microsoft Offices, Media Demands "Severe Punishment"
http://www.zerohedge.com, by Tyler Durden
With Chinese state media calling for "severe punishment" against American tech firms for helping the U.S government to steal secrets and monitor China, Reuters reports that Microsoft offices in Beijing, Shanghai, Guangzhou and Chengdu were raided thi
News China tells U.S. to stay out of South China Seas dispute
China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted a freeze on stoking tension.
News Chinese Businessman Builds Nation's First City-To-City Electric Car Charging Route
http://www.popsci.com, Francie Diep
Businessman Zong Yi bought a Tesla Model S. Then he bought 20 charging stations to help him get home from Beijing to Guangzhou.
News China Thinks it can Defeat America in Battle
The bad news first. The People's Republic of China now believes it can successfully prevent the United States from intervening in the event of a Chinese invasion of Taiwan or some other military assault by Beijing.
Now the good news. China is wro
News ... In Which SocGen Starts A Rumor That The Next QE Will Come From China
http://www.zerohedge.com, by Tyler Durden
The US is tapering, with the Fed knowing any further monetization of private sector bonds will lead to a crash in the already illiquid bond market;
News China's yuan 'a growing force in global finance'
China's yuan is a growing force in global finance, more than doubling in use over the past year, according to a new study from the Institute of International Finance Thursday.
News 6 Massive Chinese Projects That Are Reshaping The World
In recent years, Chinese companies have begun a huge wave of construction that is already reshaping the world. Here are six of the most ambitious projects.
News Nicaragua Approves Chinese Tycoon's $40 Billion Dream To Build A Canal Across The Country
A Nicaraguan committee approved a proposed route on Monday for a $40 billion shipping channel across the Central American country that would compete with the Panama Canal.
News Globalist Think Tank Calls for Pentagon Emphasis on War with China and Russia
A think tank connected to Zbigniew Brzezinski and Henry Kissinger, the Center for Strategic and International Studies (CSIS), is calling for retooling the U.S. military in preparation of a "great power conflict" with "a...
News China's Colonization Of America's Luxury Real Estate Market In One Chart
As we first reported two years ago, one of the primary reasons, if not the main one (there is also the Fed to thank) why the US housing market, and specifically its ultra-luxury segment,...
News China's 'Naked Officials' Not so Naked Anymore
By 2011, China had at least 4,000 corrupt officials escaping China, according to a report by the China Academy of Social Sciences, China's top official research institute. They took over $50 billion with them, close to $16 million each on average, ac
News Crony Capitalism Comes To China - Ex Central Bank Chief's Son-In-Law In Insider-Trading Scandal
As China's anti-corruption crackdown continues, the crony-capitalists are slowly exposed.
News "This Could Be The Last Straw" 90% Of China Loan Guarantors Bankrupt
In Wenzhou - dubbed the capital of China's private businesses - nearly 90 per cent of loan guarantors have failed since the start of the credit crisis arising from the underground banking system, according to the media.
News Hong Kong is China's West Berlin
An estimated 180,000 people gather in Hong Kong's Victoria Park for a candlelight vigil memorializing the victims of the Tiananmen Square massacre and calling for the overthrow of the Chinese Communist Party, on June 4, 2014. (Phillipe Lopez/AFP/Get
News Beijing, Seoul agree to direct trade in national currencies
China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports.
News Enemy Ahoy: China and Russia Strive for Naval Supremacy
Few in China knew the truth two years ago, when then-president Hu Jintao travelled to a naval base in the northeastern city of Dalian to mark a signal moment in the rise of Chinese power: the unveiling of the Liaoning, the first aircraft carrier comm
News Messy protest shows rising HK fears about China
In a rare scene of disorder, Hong Kong authorities cleared out hundreds of protesters who blocked part of the city's financial district, a high-profile reflection of rising anxiety over Beijing's tightening grip on the little enclave of democracy
News Chinese Gold Bullion Firms Defrauded Beijing Of US$15 billion
China's National Audit Office's has reported that Chinese bullion companies using falsified gold transactions have defrauded the government of US$15 billion (CNY94 billion).
News Japan takes historic step from post-war pacifism, OKs fighting for allies
Japan took a historic step away from its post-war pacifism on Tuesday by ending a ban that has kept the military from fighting abroad since 1945, a victory for Prime Minister Shinzo Abe but a move that has riled China and worries many Japanese voters
News Chinese Military Trump Cards?
"We often speak of trump card equipment," Lt. Gen. Wang Hongguang, who retired in 2012, wrote in an opinion piece in China's state-run Global Times. He then said that China will use these weapons suddenly, and warned Americans in their "pride and arr
News China stakes its claims on Mars with rover bound for Red Planet in 2020
Sovereignty in outer space is always a tricky subject, but out of all the lifeless rocks in the solar system it's safe to say that Mars is more American than most.
News Up To $80 Billion Gold-Backed Loans Are Falsified, Chinese Auditor Warns
As the probe into alleged fraud at Qingdao continues to escalate (with liquidity needs growing more and more evident as Chinese money-market rates surge),...
News Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles
http://www.zerohedge.com, Tyler Durden
A little over a month ago, when Russia announced the much anticipated "Holy Grail" energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar's stranglehold on the rest of the world, neither Rus