Friday, May 25, 2012

China Banks May Miss Loan Target for 2012

China’s biggest banks may fall short of loan targets for the first time in at least seven years as an economic slowdown crimps demand for credit, three bank officials with knowledge of the matter said.

Bloomberg 

Thursday, May 24, 2012

The books are cooked in China




Junheng Li, senior equity analyst of JL Warren Capital in New York, says that China Is a Black Box of Misinformation.



Bloomberg article: China Is a Black Box of Misinformation 

Tuesday, May 22, 2012

China Goes Hollywood with AMC Corporate Takeover



Chinese conglomerate Dalian Wanda Group agreed to buy AMC Entertainment for $2.6 billion, making it the biggest cinema chain operator in the United States.

The strategic takeover marks China's largest buyout to date in the USA, emphasizing highlights the rising financial strength of its top firms.

Friday, April 6, 2012

The Anonymous movement connects with China

"Dear Chinese government, you are not infallible, today websites are hacked, tomorrow it will be your vile regime that will fall. So expect us because we do not forgive, never. What you are doing today to your Great People, tomorrow will be inflicted to you. With no mercy,"

Thursday, March 10, 2011

China talks about the yuan again


China Central-Bank Adviser Urges Yuan Reform


BEIJING—Xia Bin, a member of the Chinese central bank's monetary advisory committee, said China should aim for full yuan convertibility over the next 10 years.

WSJ article

Monday, March 7, 2011

China to World: We Want Your Imports

BEIJING - China will send two large trade delegations to the United States and two to European Union nations this year to help stimulate its imports, said the head of China's trade promotion organization.

Delegations to US, EU will correct trade imbalance

Wan Jifei, chairman of the China Council for the Promotion of International Trade, told China Daily at the sidelines of the annual session of the Chinese People's Political Consultative Conference (CPPCC) National Committee, that China will send many more trade delegations to developed nations in 2011 than in previous years.


article: Delegations to US, EU will correct trade imbalance

Tuesday, March 1, 2011

Chinese Treasury Holdings Revised $268 Billion Higher To $1.12 Trillion




source: Treasury International Capital website