Shanghai Composite Impresses

Recent gains in the Shanghai Composite Index impresses the Wall Street Journal.


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The U.S. total deficit with China hit a record $29.5 billion

In October 2012, the government has been reported that the U.S. total trade deficit with China hit a record $29.5 billion. Congratulations, America: another sign of a robust and recovering economy no doubt.

China will overtake the U.S. in smartphones

Mobile analytics company Flurry predicts that China will overtake the U.S. in iOS and Android installations by the first quarter of 2013. According to Flurry’s estimates, China has 167 million iOS and Android devices active, trailing the U.S. by a scant 14 million smartphones. With a growth rate approaching 300%, China is on a pace to eclipse the U.S. very soon indeed.

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