Chinese Economics Thread

bd popeye

The Last Jedi
VIP Professional
Once again all members are invited to re-read the rules..all of them. The whole thread.


http://www.sinodefenceforum.com/ann...-before-posting-important-please-read-20.html

5, The following posts will be deleted or edited;

* Posts containing personal attack, swearing, foul language, political propaganda, and commercial advertisement better know as spam.
* Posts that are offensive to any ethnic, racial or religious groups or government. This isn't political forum.
* Posts that prompt hatred between different countries or groups of people.

For the second time in less than a month a member started a thread about some of the ethnic difficulties in China's past. I for one do not know the history of the ethnic strife in China. But I do know this..>>> We will not allow such discussion at SDF. The next member that starts such a thread shall be banned instantly and anyone that responds in said thread shall get a warning..or more:nono:.

I'm sure I've made myself perfectly clear! :nono::nutkick::nono:
 

maozedong

Banned Idiot
China's Geely inks $1.8B deal to buy Volvo cars

China's Zhejiang Geely Holding Group has signed a deal with the Ford Motor Corporation to acquire the US firm's Volvo vehicle unit.

Geely, China's largest private-run car manufacturer, has agreed to buy Ford's Volvo automobile unit for 1.8 billion US dollars the country's largest overseas vehicle sector acquisition.

Geely's founder and chairman, Li Shufu, and Ford's executive vice president, Lewis Booth, inked a binding agreement on Sunday at Volvo's headquarters in Göteborg, Sweden.

Li Shufu said, "We needed to find a new owner that would take the Volvo Cars business further but also, cherishing its unique Swedish brand values, who would also understand our responsibilities and values to our employees, and to the communities in which we work. I am very pleased to say that we believe we have found such an owner in Geely."

Under the definitive stock purchase arrangement, Geely will own 100 percent of Volvo, and the unit's related assets.

Please, Log in or Register to view URLs content!
 

AssassinsMace

Lieutenant General
Wow! Steve Wynn is thinking of moving the HQ of his company to Macau. I've read that Beijing is mulling over the idea of allowing gambling on China's Hawaii Hainan Island. Hmmm. White sandy beaches, golf courses, and luxury hotels already there now. Casinos and space launches tomorrow. Note to Beijing: Don't ever allow Donald Trump a concession.

April 21, 2010, 6:24 a.m. EDT

Wynn mulls headquarters shift to Macau, further expansion
By MarketWatch
HONG KONG (MarketWatch) -- Casino magnate Steve Wynn said he plans to build a third major casino in Macau and will consider relocating the Las Vegas headquarters of publicly held Wynn Resorts to the Chinese gambling hub.

Wynn, during an interview Wednesday to promote the launch of Encore Macau, told CNBC he is looking at shifting the company headquarters to Macau, without providing details.

Wynn Resorts (NASDAQ:WYNN) reportedly gets about 60% of its revenue from operations in Macau. Its local unit, Wynn Macau, is one of the six licensed casino operators in the territory.

Wynn also told reporters this week he plans to start construction next year on a hotel and casino on Cotai, an area of land adjoining two outlying Macanese island that's already home to a casino operated by the Las Vegas Sands Corp. (NYSE:LVS) that ranks as the largest in the world.

Wynn said the luxury hotel and casino complex should be completed before the end of 2013 and feature about 450 gambling tables.

He had previous expressed interest in building a casino in Cotai but until Tuesday hadn't make pubic any development plans.

Wynn described the $600 million Encore hotel and casino, which he opened Wednesday on a site adjacent to his flagship Wynn Macau property as a "boutique hotel" meant to cater to high rollers.

The casino, which is relatively small by Macau standards with 61 gambling tables, is the only one to debut so far this year in the world's biggest gambling market.

A fireworks display to mark the launch of the new casino was rescheduled for Thursday in observance of a day of mourning for victims of an earthquake in the western Chinese province of Qinghai, Wynn said in a statement.


Copyright © 2010 MarketWatch, Inc. All rights reserved.
 

getready

Senior Member
Yuan-linked inflation ahead

There has been a lot of recent news and evidence supporting the likelihood of the Chinese authorities allowing the Chinese currency, the yuan or renminbi, to trade within a wider trading band. Why?

China is unlikely to allow its currency to appreciate because of external pressures, such as US political pressure; we believe China will move when Chinese policymakers deem it in their national interest. While this is not a certainty, we anticipate that inflationary pressures will force the Chinese authorities' hand. In our opinion, currency appreciation would be a more effective tool to help manage domestic inflationary pressures, as opposed to the relatively draconian bank regulations presently in place. Indeed, the Chinese have recently conducted studies on the likely



impact a stronger yuan would have on the domestic economy.

Implications for the Chinese yuan
At present, the Chinese maintain a managed currency regime, whereby they purchase US dollars in the open market to "peg" the value of the yuan to the dollar. Should they allow the value of the yuan to trade within a wider band, they would likely buy fewer dollars. As this would reduce the overall demand for dollars, simple supply and demand dynamics infer that the net result may be a lower dollar relative to the yuan. Said another way, the yuan may appreciate relative to the dollar.

What is the appropriate exchange rate for the Chinese yuan? Ultimately, the only appropriate rate is the one set by free markets. A floating exchange rate is a healthy valve that, amongst others, reduces inflationary pressures. We doubt whether Chinese policymakers will move to a free floating exchange rate in the short-term, but moving towards a wider trading band is an encouraging step in that direction.

One only needs to look to the Japanese yen as an example of the appreciation potential for the yuan. After Japan allowed its currency to float freely, the yen experienced significant strength, despite weak economic growth. Given a backdrop of significant Chinese economic growth, we consider there may be attractive upside potential if and when the Chinese allow the yuan to float freely.

Implications for Asian currencies and Australasia
We believe currencies of nations exporting to China will benefit. On a net basis, with a stronger yuan, imports into China become cheaper; Chinese businesses and the Chinese government will be able to afford to purchase more foreign goods with a stronger currency, likely increasing Chinese demand for these foreign goods.

Our analysis suggests the likely beneficiaries are those countries whose Chinese exports make up a substantial proportion of the exporting country's overall gross domestic product (GDP), as well as those nations who are experiencing solid, sustainable growth in exports to China. As such, currencies we believe well placed to benefit from a widening of the yuan trading band include the currencies of Australia, New Zealand, Taiwan, Malaysia, South Korea, Singapore, and Japan.

Furthermore, we believe that Asian countries producing goods and services at the mid to high-end of the value chain are better positioned than those countries producing low-end goods and services. Higher-end producers have greater pricing power, whereas low-end producers compete predominantly on price; in our assessment, low-end producers are more likely to instigate competitive devaluations of their currencies. China, in our analysis, has long allowed its low-end industries to fail and migrate to other lower-cost producers within Asia. As a result, we believe Chinese exporters may have pricing power should their currency appreciate.

Implications for commodities
We believe Chinese demand for commodities will continue to rise, even if occasional economic slowdowns might come in between (despite the recent global economic crisis, China's demand for iron ore continued to grow at double-digit annualized rates).

If the Chinese allow the yuan to appreciate, commodity prices will become cheaper when denominated in yuan, all else equal, giving China greater purchasing power; the Chinese will be able to afford to purchase more commodities with a stronger currency, likely increasing the demand for commodities.

As China's purchasing power increases, we believe it is quite likely that commodity prices will rise unless there is a sharp slowdown in Chinese economic activity. In our assessment, Chinese policymakers may err on the side of caution with respect to minimizing the anticipated economic implications of a stronger yuan

To maintain control, the ruling Communist Party of China is incentivized to sustain social stability. Social stability, in our opinion, is largely influenced by a healthy economy. As such, we would not be surprised to see expansionary policies to counter any anticipated potential economic slowdown. Moreover, the Chinese actually have the ability to afford any such policies, should they deem them necessary.

Implications for the US economy
While commodity prices may be cheaper when denominated in a stronger yuan, the same commodity price may rise when priced in US dollars. Officials at the Federal Reserve seem not to be particularly concerned about commodity price inflation, arguing that the US economy is far less dependent on commodity prices these days than in decades past. However, in our humble opinion, commodity prices can have significant implications for the US economy.

When faced with a stronger yuan, Chinese exporters have a choice of either lowering the price of their exports (sell their goods and services at the same US dollar level), or they can try to pass on what is effectively a higher cost of doing business in the global markets.

Fed chairman Ben Bernanke has indicated in the past that Asian exporters are likely to absorb the higher cost of doing business and that a weaker US dollar is not inflationary. We beg to differ and point to the dramatic rise in import costs in the spring of 2008. At the time, it was not just oil reaching over US$140 a barrel, but the cost of many imports from Asia also soared.

At some point, Asian exporters may no longer be able to absorb the higher cost of doing business; at that point, they either disappear from the market (fail) or raise prices. As shown in the spring of 2008, Asian exporters have substantial pricing power. China, because of its positioning at the higher end of the value chain within Asia is particularly well positioned. From a US economic standpoint, we expect inflationary pressures to rise should the yuan strengthen.
 

A.Man

Major
New Land Of Opportunity?

Please, Log in or Register to view URLs content!

Google Translation

The influx of illegal foreign workers "dream" China factory

The influx of illegal foreign workers, China to social security and foreign management creates multiple test.    The Xinhua News Agency from




  Since last year, Chinese police in Guangzhou, Dongguan factory uncovered a large number of illegal foreign continuous labour, located at the border of Guangxi Dongxing, Pingxiang is considered illegal labour of. A large number of illegal workers to enter the Chinese influx of Pearl River Delta, and so on, the developed areas of the factory, looking for "dream" and worked in China.

  Illegal immigrant workers to Chinese factory

  March 24, Guangxi fangchenggang in border detachment of the police in the South (Ning), North (sea) motorway service area with large pool intercepted a coach, was caught in the Act of illegal Vietnamese labour 56. These Vietnamese workers were destined for the Maoming Guangdong.

  At 1020 km long in the land border in Guangxi, almost daily Vietnamese border trail into China by bus, train descending to Guangdong, Fujian, etc.

  The coastal area ‘ shortage ’ notation, many Vietnamese people from Vietnam border illegally, attempt to Fujian, Guangdong, Nanning, etc. "Guangxi in Chongzuo City border detachment Chief of Mr Dannis Lee Jor syndrome, since this year, Chongzuo City border detachment of the police in Nanning-houyiguan Expressway bus intercepts many illegal immigrants, the 16-person going to Fujian and worked in a shoe factory, and another 100 to Dongguan factory workers; other 40 + people want to Nanning, builders to work".

  On 1 April this year, Guangxi, two continuous investigation by the police for illegal immigration. Nanning railway station achievments in a column to Canton train uncovered ways to Nanning, Maoming Guangdong of the Vietnamese to 19. These 19 Vietnamese illegal immigration documents, they told the police that is from the big new border into China, then a bus to Nanning, ready to take the train to Guangdong were uncovered.

  According to statistics, Guangxi Province police frontier defence head, Guangxi 2009 police frontier defence head detecting illegal immigration officers were 225 batch of 1820, arresting 4839 name, repatriation, people.

  Low-cost labour quite welcome "

  The Vietnamese workers hard, pay only half of the Chinese workers. "Chongzuo City human resources and Social Security Bureau Deputy Director Mo Siu-yan said that Vietnamese workers in some parts of China quite welcome".

  "At the end of last year, Viet Nam in the mountainous North also suffered a persistent dry weather, originally in Vietnam country engaged in agriculture farmers a large number of illegal immigrants to China in search of part-time work opportunities. "Fangchenggang in border detachment and Director Vincent Kai says.

  Early in 2007, human resources and social security in Chongzuo City began tracking survey Vietnamese illegal immigrant workers. Chongzuo's human resources and Social Security Bureau Deputy Director Mo Siu-yan explains, according to a survey of the Labour Department, each year to all illegal migrant Chongzuo Vietnamese conservative estimate of 1 million people, and as China's economy is warmer and more. In the Vietnamese migrant Chongzuo mainly in Chongzuo City oases district, ningming, Longzhou, big new, fusui County, as well as Pingxiang city, 85% are engaged in cutting sugar cane and other transport scattered in the building, hotel, etc.

  Chongzuo is a leading Chinese Guangxi Province of sugarcane growing areas, sugarcane planting area of nearly 3 million acres. Due to local young labor, mostly to Guangdong, home for the elderly and women remained to do heavy work. The eminent, tens of thousands of Vietnamese from Vietnam border of 100 more of the frontier trail into the cut for the Republic, Chongzuo brought sugarcane.

  The eminent, Chongzuo's bus station will have a large number of Vietnamese, wait for the employer up employment. "Mo Siu-yan said that according to the Labor Department in Chongzuo City, Chongzuo City daily rural labour gap in 3 000, to the annual sugar cane eminent, gap of 5 million people, most of these gaps are heard by the Vietnamese workers fill.

  Frontier trail into illegal channel

  In Pingxiang in walled port, see the information daily press often have groups of Vietnamese from 30 meters at the nearby mountain trail in and out of the border. In 10 minutes of reporters, there have been a total of 14 people in 3 batches from the road, there are 2 batch of 6 people carrying goods out of the country. While such a frontier trail, in Chongzuo border line has 123, thousands of people every day.

  In Guangxi Pingxiang city get Huai, Po village, and so many more border trade in the Guangxi region, everywhere you can see these are referred to as "settled to handle (for those who do" coolies ")", in which women are the majority, their hard won the recognition of China's employer.

  The information daily "reporter to Po village, Huai border trade point interview see, many Vietnamese do not pass a valid documents from the official port of entry, but no border officers on duty at the mountain trail to enter China.

  In Pingxiang border trade points in villages, many reporters see trucks in transport import to Vietnam watermelon and other fruits, car porters are mostly Vietnamese. At the border point of the alley, can be seen in some Vietnamese sit idle or play cards, waiting for Chinese employers up employment.

  Mouses River is a river bank in the Kingdom, here every day thousands of high traffic. Experience the low water season, people in Zhoushan River do not need to take off your shoes, you can cross the river reaches the other side.

  For Guangxi in line on a large number of Vietnamese people in and out of the situation, Guangxi fangchenggang in border detachment and Director Vincent Kai says: "landscape and geographical conditions connected to over 1000 km away, in a completely open border, people pass trail or over the border, a few minutes to reach the border, to our border control has brought about tremendous challenges. ”

  "Foreign workers" immigration brings multiple test

  In fact, the Vietnamese workers to enter the Chinese already had no short history, over time, they not only active in the border area and have even penetrated into the hinterland of China. Because the Chinese Government is not yet open to the labor market, these workers have to "illegal" in the name of the activity.

  The influx of illegal labour in Viet Nam, China to social security and foreign management creates multiple test.

  "Walk a few minutes to immigration"

  "How many Vietnamese illegal immigrants from entering the China-Vietnam border, and then go to the Pearl River Delta and Yangzi River Delta, the police have failed to grasp. "Guangxi in Chongzuo City border detachment Chief of Mr Dannis Lee Jor levy said.

  As China-ASEAN trade area built in accelerating economic development, China border areas of transportation, rail, bordering Highway, highway, State Highway, etc. to people easier, but also to illegal immigration staff provides a convenient channel. At present, Chongzuo City comprises six border crossing points, three public security check points, these points can only monitor major traffic, from the big new County to Nanning, Chongzuo's traffic is no checkpoint, not blocked from new immigrants.

  "Chongzuo area border line long 533 km border line with no natural barriers, there are 123 accessible trail, the Vietnamese people only need to walk a few minutes to enter China, then buy tickets can smoothly arrived in Beijing and Shanghai. "Mr Dannis Lee Jor syndrome, Guangxi in unique historical geography, frontier and PLA cannot carry out a comprehensive monitoring of border trail, some Vietnamese illegal entry of China, China's public security bring very serious challenges.

  Last December, the two Vietnamese men from frontier trail dives into the big new County, had 8 motorbike, captured by Chinese police after.

  Chongzuo City border detachment and currently has more than 260 civilian police monitoring border practically line 123 trail. Mr Dannis Lee Jor syndrome recommends that countries invest capital and technology, the border policemen guarding the trail without installing monitoring facilities, reduce border supervision "vacuum".

  "Did not rule out the possibility that the Chinese people to create, in may"

  MO Shao-jen believes that the strengthening of cooperation in Vietnam is feasible, market demand for cheap labor, to some extent, the Vietnam workers can resolve domestic or regional labor shortages in short time, the key lies in the legal entry of foreign labour, legal employment problems to solve, supervision to place ".

  Chongzuo's human resources and social security had a Vietnamese illegal workers for specialized research, they discovered that many Vietnamese labour is illegal organizations illegally entering China. Chongzuo's human resources and Social Security Bureau Deputy Director Mo Shao-jen said: "these illegal organization in very subtle, does not rule out the possibility that the Chinese people involved in the matchmaking, labor Commission. ”

  A large number of Vietnamese illegal entry into China's migrant, Labor Department cannot be effective supervision. They sneak into China, distribute to farmers working in the family, a directly to buy tickets from the freeway, railway to Guangdong, Fujian Nanning.

  At present, China is not yet open to the General labour markets, for illegal labour in China; China police have been in troubleshooting and processing, but such initiatives cannot totally prevent illegal labour immigrants.

  For a growing number of foreign workers to enter the labor market, Siu-yan that cheap foreign labour is in the labor market effective supplement, he suggested that countries should and Vietnam and other parts of the conditions are ripe for negotiation of national labor cooperation, on labor cooperation management model, and that foreign labour from China, to work, to return to the country, has the appropriate system to monitor and protect and enhance the employment of foreigners in China market.

  You should increase both supervisory co-operation

  Guangxi fangchenggang in border detachment and Director Vincent Kai says: "many people we bring them back, but the police turned, they start small road and slid back, the more parties in the strengthening of regulatory cooperation. ”

  At present, the border has been completed on surveying work. The border is currently highly open Dongxing, easy access along the River, the frontier work is faced with unprecedented challenges. "Fan Kai says.

  Fan Kai recommended that increased investment in Sino-Vietnamese border, from air defence, defence of, on illegal immigration officers of regulatory capacity. In addition, the border sea hope countries increase investment in science and technology, increasing monitoring devices, for people entering and leaving with more sensitive zone increased Park, implementation of the border line of 24 x 7 monitoring.

  In addition, the Vietnamese illegal workers to enter China's interest in China factory, source organization smuggling of Vietnamese workers to enter China's capital, profits from the illegal employment of Vietnamese workers of the factory. The Pearl River Delta region, the Labour Department should strengthen the regulation of labor units, on the phenomenon of illegal employment commenced renovation, put an end to the illegal smuggling of Vietnamese labour immigration benefits chain.

  Strengthening supervision of the passenger transport enterprises is extremely urgent. Dongxing city across the river police checkpoints webmaster Hsu says, in Dongxing city across the river police checkpoints uncovered the illegal transportation of Vietnamese labour cases, some passenger vehicle knowingly to transhipment is illegal in Vietnam labour, in order to benefit regardless of offence involved, "a bus from the station is a passenger or not, but the speed is filled out on the bus, which is the regulatory authority is not in place, so that criminals had a sanctuary".

  Illegal workers enter behind

  Transnational roadmap

  They take the form of ants moving house, go with motorcycle track illegal immigrant labour trafficking to bypass checkpoints, tearing up for smuggling, interstate transport on buses, and then sent to Guangdong, etc.

  On 26 February this year, a bus travelling from David to Guangdong, Guangxi, Maoming bus slowly into fangchenggang Cross River police checkpoints. Check point's police car inspections, the car in addition to the drivers, only 3 passengers.

  Thousands of kilometers of transport route only three, boss would be willing to lose money?, checkpoint in perplexing mystery about the police decided to disguise tracking this passenger. The police drive followed a highway on passenger cars, but found that bus stops along the way people get from the Amphi were halfway up the 40 passengers. Police subsequently in the highway service area of the coach stopped halfway through inspection, the train 40 passengers are not legal documents.

  In the subsequent investigation, cross the river police checkpoints, police found a surprising phenomenon: often strangers, kiosk nearby was once the checkpoints on the road police police vehicle inspections, they quickly dispersed.

  Fangchenggang Cross River police checkpoints webmaster affiliates Hsu said: "he is involved in confession, they specifically arranged for 8 people staring at checkpoints, tipped off at any time. ”

  March 24, Guangxi fangchenggang in border detachment of the police in the South (Ning), North (sea) motorway service area with large pool intercepted a coach, was caught in the Act of illegal Vietnamese 56. In this case, the police have more criminal detention in connection with the Organization, who in addition to the Vietnamese, but also from Guangdong Maoming, Dongguan and Nanning, fangchenggang, a member of the organization.

  This year, as at 30 March, fangchenggang in border policemen were detecting illegal Vietnamese 45 batch 408 people, uncovering a ringleader (edge) border case 4, case 2 others sneak across the border, and transportation of ringleader (edge) border case 12 onwards, criminal detention involved 16 people (Chinese 12 people party 4 people), seized conveyance coach cars, minibuses and 3, nine ships.

  At present, Guangxi Dongxing city frontier of detention for the illegal immigrants 256 people. On 2 April, the information daily "reporter in Dongxing city frontier of detention for the saw two Vietnamese illegal labour.

  This 18-year-old dream two years ago by friends, from Dongxing border illegal dives into China, Haikou, Hainan, to a shop to sell mobile phone for the boss. Last December, she returned to Vietnam Festival, in February this year when entering China again was intercepted Dongxing. Working at sea for two years, Haikou has can use Chinese and journalists. She said: "Vietnam many young people want to come to China to work, so you can earn more money, while the Vietnamese and others in helping these people to come to China. ”

  And Haili intercepted with journalists from the province of North Vietnam, he and Huang Haili before and don't know that they are listened to others in the highway until transfer bus were captured.

  Huang Wen-workers to hear people say to wound up with a Chinese workers can earn each month more than 800 Yuan, while in Vietnamese per month can earn 1 0 0 million Vietnamese Dong (on equal to RMB 4 5 0 element), along with the village people to China.

  "According to the account Organization pertaining to smuggle a Vietnamese labour to Guangdong factory can get the benefits of $ 1200, deduct fares, room and Board fee at $ 700 more profits. "Guangxi Dongxing city border Brigade deputy leader Wang poem that, the smuggling of illegal labour organization has formed a complete chain of interests, the Organization's core" head "and not stepping in, once was, they fled to the Vietnamese, the police can catch or master of just some of the boatmen, drivers.

  In fangchenggang BDB crew this year continuous purer Vietnamese illegal labour secretly across national borders (edge), you can see behind the organization.

  Guangxi fangchenggang in border detachment and Director Vincent-Kai to the information daily law reporter Vietnam labour illegal immigration of transnational roadmap: Chinese carrier factory labor gap appears, willing to afford people organization workers into the plant — the more party Organizer in a large number of Vietnamese organizations think about China's migrant workers — through border trail or small boat batches of Vietnamese workers smuggled into China — by the Chinese organizers Vietnamese labour dispersed a secret live in border areas — Organizer touch to Guangdong bus, coach or longer rides motorcycle transport these illegal immigration officers, from small road to bypass security checkpoints — interstate shipment of horses in the middle of the organizers on a scheduled bus, the bus after the illegal workers can be directly sent to the factory in Guangdong Province.

  "Illegal labour illegal entry into China, the organization behind it than smuggling also closely, from labor's factory to journey passenger, border control, every aspect to controlled, in order to cut illegal workers to enter China's channel. "Fan Kai says.

  Because of the labor market for cheap labour in Viet Nam have objective requirements, illegal molecular in Vietnam border conspired, smuggling of Vietnamese Labour Organization into the Mainland of China for a non profit-making factory. Facing a serious control situation, Chongzuo, fangchenggang, border-control recommends that countries increasing investment, has announced the joint defense with playing mechanism to organize public security, labour, transportation, and other departments and interception, on combating illegal Vietnamese workers.

  Reporters from the Guangxi Zhuang Autonomous Region Public Security Bureau noted that, from March to October, Guangxi police in carrying out treatment "three non-" (referring to illegal immigration, illegal immigration and illegal employment) and combat border areas highlight the special action of crime, has uncovered a large number of illegal immigrant workers. In this special management operation, to eliminate some of the criminals trying to get away from the border illegal immigration, stationed at all border crossings of the border check points and stationed at the various border trade point border crossing points, strict control, channel international travellers, vehicle inspection, strengthen witness controlled, data entry, document recognition, validate links, improving discovery and intercepting criminals holding fraudulent documents lying. Each port inspection station enlarges embarking checking, inspection and monitoring efforts to prevent the ship hiding illegal immigration officers, the goods.
 

Mcsweeney

Junior Member
Please, Log in or Register to view URLs content!


In an interesting role reversal, some Chinese companies are now starting to outsource to the United States. Despite the higher labour costs, some of the reasons for doing this include: cheaper cost of land, cheaper electricity costs, being closer to client companies, avoiding tariffs, and circumventing certain government contracts that require "made in the USA".

The part where they talk about some of Haier's early troubles when they set up a factory in the Deep South of the USA is pretty funny.
 

Orthan

Senior Member
There have been for the last year and a half several warnings about this. Do you think china´s banks are heading for a big crisis? I think that china´s economy desperately needs more transparency and less interference from the government.
Please, Log in or Register to view URLs content!


another bubble forming: china´s IPO´s
Please, Log in or Register to view URLs content!
 
Last edited:

Hendrik_2000

Lieutenant General
There have been for the last year and a half several warnings about this. Do you think china´s banks are heading for a big crisis? I think that china´s economy desperately needs more transparency and less interference from the government.
Please, Log in or Register to view URLs content!


another bubble forming: china´s IPO´s
Please, Log in or Register to view URLs content!

I have heard the prediction of Chinese collapsed for 20 years nothing materialized heck Gordon Chang even predict that China will collapsed in 2005 Nothing but pipe dream . Instead Chinese banking is now the largest and most profitable in the world and the lowest NPL of 1.4%. And way less leverage than their western counter part
Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!


Even if some of the loan goes sour the goverment will recapitalize them like they done before so nothing new here.With 3 trillion dollars in reserve they have ample ammunition
 
Last edited:

A.Man

Major
There have been for the last year and a half several warnings about this. Do you think china´s banks are heading for a big crisis? I think that china´s economy desperately needs more transparency and less interference from the government.
Please, Log in or Register to view URLs content!


another bubble forming: china´s IPO´s
Please, Log in or Register to view URLs content!

Where is the bubble?

China's success shall rewrite the Law of Business.
 

Spartan95

Junior Member
I think that china´s economy desperately needs more transparency and less interference from the government.

Pardon me, but isn't that the lack of interference from the government 1 of the causes of the Great Reccession?

Also, some of the large financial houses on Wall Street weren't exactly the model of transparency. That is until they suddenly found themselves in dire straits before they decided to be more transparent.

As for the Chinese economy, I think they have a real issue with a property bubble. So much so that the central government has stepped in recently to cool off the property market.

Please, Log in or Register to view URLs content!
 
Top