Saturday, July 31st, 2010

China’s Trade Deficit Hampers Free-Floating Yuan

About: China’s new trade deficit, booming Chinese economy, Chinese Customs Administration, China’s president, Hu Jintao, Jim Trippon, China’s equity markets, Chinese Yuan, China’s soaring imports, China’s economic expansion

China posted a March trade deficit of $7.2 billion, news that may downright shocking to some market observers. The deficit represents [...]

Where to Look For Explosive Growth in China

America’s consumers are no longer the engine driving world economic growth. That distinction is now quickly being snapped up by the Chinese consumer, and the future looks for China’s internal market looks strong.
A series of reports by the global consulting firm McKinsey and Company examined trends in 606 [...]

703 MILLION EARS
THE BIGGEST AUDIENCE IN THE WORLD

China’s unimaginably large mobile phone industry just broke through another barrier today, surpassing 700 million users – 703 million to be exact. That’s twice the population of the United States which has subscribed to one of just three mobile phone companies in all of China.
The big three are [...]

It seems for now the world is watching China as a benchmark to compare the remaining global markets. The fact is they have developed into the main financier for the U.S. Now more than ever, China is receiving globally recognition which in turn is increasing their importance in the eyes of institutional investors. On Monday’s [...]

The Shanghai Composite Index continues to give the world jitters. Several news sources are now fretting that a “bear market” in China means trouble for the whole world. Of course that’s not the case. China is on a world-beating growth trajectory.
Keep in mind, the Shanghai Composite Index (SCI) has now enjoyed two days of upward [...]