Saturday, July 31st, 2010

China Stock: Solid Investment For The Long Haul

Volatility continues to be the watchword for stocks trading on the Chinese mainland. Just last Friday Chinese share prices enjoyed their biggest gain in six weeks on heavy buying volume. By Monday, the trend was in reverse as shares suffered their biggest loss in nine weeks.
About: China stock, [...]

So why are the Chinese so bullish on China?

Jittery investors on Wall Street are running for the fire exits this week in a high state of anxiety about European debt, especially Greek and Portuguese obligations. We often hear that investments in U.S. companies or Chinese ADRs have nothing to do with Greece [...]

The United Steelworkers brought the case against China back in April claiming that more than 5,000 tire workers had lost their jobs since 2004 because of cheap Chinese tires flooding the U.S. market. Obama’s order raises tariffs for three years on Chinese tires — by 35 percent in the first year, 30 percent in the second and 25 percent in the third.