Wednesday, January 9, 2013

China: The New Huge Net Importer of Rice

As reported in the WSJ: "China's demand for foreign rice is soaring, turning the country into a net importer of the grain and prompting analysts to take a closer look at the nation's stockpiles."

Thursday, January 3, 2013

Chinese Money Flies the Friendly Skies



It is being found by airport agents in "wallets, purses and suitcases at airports across North America." What is? Cash. Good old cold hard cash. Call it diversified financial planning by some of the richer Chinese able to do so.



article: Chinese Fly Cash West

Wednesday, January 2, 2013

Chinese man marries, gets $150 million



Chinese businessman Wu Duanbiao was so happy that his daughter got married this weekend, he gave her and her new husband $150 million as a sign of his best wishes.

article

Saturday, December 15, 2012

Shanghai Composite Impresses


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


article

Tuesday, December 11, 2012

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.

Monday, December 3, 2012

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.

article