Monday, March 15th, 2010

Chinese Economy Leading Asia’s Economic Recovery

About: (China Manufacturing PMI, China Economy, South Korea Manufacturing PMI, China Stock Digest, Japanese Prime Minister Hatoyama, China’s Economic Growth)

We’re seeing a strong regional uptrend in Asia. While western economies continue their lackluster performance, many of the countries in the Chinese economic sphere of influence are catching fire economically.
The most [...]

Decoding the Mystery of China’s Exploding Retail Sales

About: (Chen Deming, China’s Minister of Commerce, Chang Xiaocun, China Daily, Department of Market System Development, China Economy)

First the good news. The total volume of retail sales in China will likely grow by 16 percent next year, that according to Chen Deming, China’s Minister of Commerce. If such [...]

Shanghai’s key stock index dropped more than two percent today as investors took profits after a central bank announcement said it may fine-tune the macroeconomic policy. The benchmark Shanghai Composite Index tumbled 2.11 percent, or 72.17 points, to close at 3,365.33 points.
The Shanghai market is still up approximately 88% from last year’s lows. Corporate valuations [...]

It’s official. Shanghai has clinched its place as the world’s hottest stock market, jumping an astonishing 100% from its low last year.
The demand for new equities in China was underscored today with another blazing IPO. Sichuan Expressway Co. tripled on its first day of trading as an economic rebound spurs demand for equities. Toll-road operator [...]

Why A Strong Dollar Is Good For China’s Economy

(Why and how you need to hedge against the greenback)

Here’s the latest alarmist headline from TIME Magazine: “Replacing the Dollar: China’s Big Plans for Its Currency” Should investors pay heed?
A lot of China watchers have been mystified by Beijing’s complaints about the stability of the U.S. dollar. [...]