Friday, March 12th, 2010

We all know about the Republican Party’s “capitalist-friendly” policies, calling for lower taxes and less regulation to get out of the way of business. Well here’s a surprise. Beijing has taken up the banner of the GOP!
China’s State Council, also known as the Cabinet has launched a series of sweeping measures to boost small and [...]

The New Gold Rush: Dollar is Down
– China Rises Up

Investors are rushing into gold and driving down the U.S. dollar. For the first time since the height of the banking crisis, the value of an ounce of gold has topped the psychologically significant ceiling of $1,000.
Why the stampede? Investors are losing confidence in [...]

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 [...]

Shanghaied by Shanghai!

Shanghai’s key stock index is enduring unprecedented volatility after registering its biggest weekly loss since February. Today, the Shanghai Index rebounded and ended above 2,900 points after yesterday’s slide. On Monday China’s main stock index tumbled another 5.8%, leaving it down 16% for the month. At the end of last week, Shanghai tumbled [...]