Beijing has just revealed a state secret that has gold bugs and inflation hawks all over the world chattering. Since 2003 China’s foreign exchange ministry has been quietly hoarding tons of gold. The big question now is why? The total increase in China’s gold reserves was publicly announced to be 1,054 metric tons. (A metric [...]

We’re cashing in our gains once again at the China Stock Digest! Just last Tuesday we alerted you that we were raising our “Profit Protector” stop loss thresholds on all holdings in our model portfolio. With China on the rebound we wanted to protect gains as high 30 percent (or more) on some of our [...]

The messy naval skirmish between a U.S. surveillance ship and a squad of Chinese patrol boats in the South China Sea was just the first round fired in a dramatic and even historic week. Even more important was the seemingly casual comment by Premier Wen Jiabao after a lengthy session with the National People’s Congress [...]

CHINA TAKES ADVANTAGE OF THE CRISIS China has done it again. As I pointed out in the last edition of the China Stock Digest, Machiavelli once advised, “Never waste the opportunities offered by a good crisis.” China appears to be taking the words of the 15th Century Italian thinker very literally indeed. Being cash-rich, China [...]

If there’s one thing America has long been famous for, it is our longstanding love affair with cars. Ask anyone who currently has the biggest automobile market in the world and the answer would just have to be the United States. But as of now, that answer is dead wrong. Only two years ago, China’s [...]