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Frank Underwood Is Embarrassingly Ignorant About How Treasury Auctions Work
There is a lot of confusion surrounding China and its role as a holder of U.S. government debt.An exchange at the beginning of episode 6 of the second season of House of Cards provides a perfect...
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Chinese Manufacturing PMI Falls To 8-Month Low (FXI, EWH)
Chinese official PMI fell to 50.2 in February, to an eight-month low.The reading was down from 50.5 the previous month, but was modestly better than expectations for 50.1.A reading below 50 indicates...
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Chinese Media Hurls Racist Slur At Departing US Ambassador
A Chinese state media outlet used a racist slur to criticize departing US ambassador Gary Locke in an insulting commentary which even blamed him for Beijing's notorious pollution.The 64-year-old became...
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Knife-Wielding Attackers In Chinese Train Station Leave 27 Dead, 109 Injured
A group of men dressed in black and carrying knives attacked people at Kunming Railway Station in southern China in what Chinese state television is calling a “violent terror attack.” Approximately 27...
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Witnesses Describe Horrifying Mass Stabbing In China That Killed 29
Witnesses of a horrifying attack at a Chinese train station which killed 29 people and wounded more than 130 described Sunday how injured victims fled in panic amid the sound of gunshots.A heavy police...
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HSBC China PMI Falls To 48.5
HSBC China PMI fell to 48.5 in February, in line with expectations.This compares to a reading of 49.5 the previous month. A reading below 50 indicates contraction.This month saw the first contraction...
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Report: Apple Hiring Hundreds Of Engineers In China To Speed Up iPhone...
Apple is on a hiring spree in China and Taiwan, according to a new report in The Wall Street Journal.As the company ramps up to release a rumored Apple TV update, iWatch, two larger iPhones, and...
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MORGAN STANLEY: Three Unexpected Developments Have Just Made Things Even...
Here's an interesting comment from Morgan Stanley's Jonathan Garner, in which he lists three recent events that could spook emerging market investors.In the last few days, three unwelcome political...
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China Just Set A 7.5% Growth Target — Here's Why That's Good News And Bad...
China is out with its growth target for the next year.The government says that the GDP is targeted for growth of 7.5% and that CPI is targeted at 3.5%.The GDP number is the same as last year's target...
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China's Military Budget Surges 12.2% For 2014
BEIJING (Reuters) - China will increase military spending by 12.2 percent this year to 808.23 billion yuan ($131.57 billion), the government said on Wednesday, partly to beef up coastal and air...
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China Is Headed For Its First Domestic Bond Default — And Here's Why That's A...
Chinese solar company Shanghai Chaori Solar Energy Science and Technology Company announced that it can not pay interests in the amount of 89.8 million yuan (approx $14.6 million) on its 11 Chaori...
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Latest Chinese PMI Shows Modest Gain
BEIJING (Reuters) - Activity in China's services industry ticked up in February from a 2-1/2-year low the previous month, a private survey showed on Wednesday, confirming other data showing a pick-up...
View ArticleChina Says Attackers Who Killed 29 At A Train Station Wanted To Carry Out...
BEIJING (Reuters) - A group of people from China's restive western region of Xinjiang who carried out a deadly weekend attack at a train station were trying to leave the country to wage a holy war,...
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Here's What The Chinese Bond Market Looks Like
A Chinese solar company just announced that it will miss an CNY89.9 million interest payment on a CNY1 billiion bonds. Currently $1.00 equals 6.13 Chinese Yuan (CNY).This marks the first major default...
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China May Use Drones To Kill The Smog Problem
China has for some time now struggled with smog, and now Chinese premier Li Keqiang has "declared war" against pollution.Policymakers want to lower emissions of "PM10 and PM2.5, particulate matters in...
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China's Big Increase In Military Spending Is A Great Reason To Check Out This...
This photo, first published by China Daily, shows a frontier soldier from the People's Liberation Army jumping through a ring of fire as part of training in Heihe, which is in the northeast corner of...
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Global Trade Will Look Very Different In 2020, And Europe Isn't Ready
In a recently published paper, we showed that the world is going through an unprecedented shift of economic growth distribution and trade patterns. We also extrapolate what the world trade situation...
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North Korea Fired Artillery Near A Chinese Passenger Plane
SEOUL, South Korea (AP) — South Korean officials on Thursday criticized a North Korean artillery launch that they say happened minutes before a Chinese commercial plane reportedly carrying 202 people...
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CHINA: It'll Be Okay If We Miss Our 7.5% Growth Target
BEIJING (Reuters) - It is all right for China to slightly miss the government's 7.5 percent economic growth target this year as long as enough jobs are created, the finance minister said on Thursday,...
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