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Home Depot Suffers Epic Defeat In China
(Reuters) - Home Depot Inc, the world's largest home improvement chain, will close all seven of its big box stores and cut 850 jobs in China as the retailer changes its focus in the Chinese market to...
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Chinese State Media Slams Romney
The latest advertisement from the Romney campaign hits Obama on his China policy. "Under Obama, we've lost over half a million manufacturing jobs," a narrator says in the advertisement. "And for the...
View ArticleRepublicans: This Huge Law Firm Is Jeopardizing Our Cybersecurity
Be prepared for some very strong language. This incident makes me want to vomit. DLA Piper, a global law firm noted for high-profile attorneys, should rethink its work for China’s ZTE Corp, two...
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Jim O'Neill Just Slashed His Growth Forecasts For China And India
Jim O'Neill, the chairman of Goldman Sachs Asset Management who is famous for coining the term "BRICs," has some bad news for investors who are optimistic on China and India: those economies are...
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QE2 Was Bad News For China, But QE3 Will Be Great
The Fed's second round of quantitative easing (QE2) announced in 2010 was widely blamed for inflation in China. Now that the Fed has announced unlimited quantitative easing, many are worried about...
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China's Huge Leadership Mystery Could End Tomorrow
In an exclusive report for Reuters, Benjamin Kang Lim and Sui-Lee Wee reveal that Xi Jinping, China's leader-in-waiting, may return to the public eye tomorrow. While they admit the report cannot be...
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The Next Leader Of China Was Under Heavy Pressure From Communist Party Elders
Xi Jinping, China's president-in-waiting, who has not been seen in public for two weeks, was under intense pressure from within the Communist party before he disappeared, the Daily Telegraph has been...
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Bo Xilai Officially Implicated In His Wife's Murder Scandal
China has formally implicated disgraced politician Bo Xilai in the scandal over his wife Gu Kailai's murder of a British businessman during the trial of a former police chief. A report from state news...
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How China's Mysterious Leadership Changes Work (FXI, GXC)
China's due for a handover of power to the 'fifth generation' of communist party leaders in mid-October. While much has been made of the transition, there's still a lot of confusion about the...
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This Is The Part Of The Romney Secret Video That The Leaker Wants You To See
While the firestorm surrounding the leaked Mitt Romney fundraiser video has mostly focused on the candidate's 47-percent comments, it's worth noting that it was another set of comments by the...
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In China, Teachers Get Gucci Bags And Envelopes Full Of Cash
These days, being a teacher in China comes with its perks. Not only would the position offer you absolute imperial authority, but you would also get lots of presents. Some very NICE presents....
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KITANO: The China-Japan Dispute Is Starting To Derail Japan's Plan To Get Off...
The nationalist protests in China fuelled by anger against Japan are already causing damage to the economy as Japanese factories in China close their doors for safety reasons. (For more background on...
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Why Markets Should Get Over The 'Hype' About The Chinese Stimulus (FXI, GXC)
When China approved massive infrastructure projects over a two day period, a move celebrated by markets, we pointed out some big red flags. Now Societe Generale's Wei Yao is out with a new note in...
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The Communist Party's Enigmatic Hierarchy Explained In One Simple Chart
A leadership change in China is expected to be a month away. But the structure of the communist party is still baffling to many. We found this chart from a report by John Dotson at the U.S.-China...
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Chinese Factory Output Falls To Its Lowest Level In 10 Months (FXI, GXC)
Chinese Flash PMI climbed to 47.8 in September, and August's reading was revised down to 47.6. Markets immediately sold off on the news. Although manufacturing was at a two-month high, the survey...
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The Chinese Stock Market Is Selling Off After The Dismal Manufacturing Report...
The HSBC Flash PMI report for China climbed to 47.8 in September but stayed below the all-important contractionary level of 50. Markets did not like the results. The Shanghai Composite is off about...
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The Divergence Between US And Chinese Stocks Is Unbelievable
The excitement for Chinese equities after the unreal stimulus, ECB’s OMT, and Fed’s QE-Infinity has already ended. Shanghai Composite just closed at new low again, making the divergence between...
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Why Asia Is A Wreck
Asian markets got clobbered last night. Shanghai fell 2.08%. Japan fell 1.6%. There are three reasons for this, and they're a combination of short-and-long term issues. 1. The China hard landing This...
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How China Resembles Pre-World War I Germany
In China, the upcoming leadership transition and an apparently growing trend for violent, populist nationalism has many wondering what the future of the country will look like. These worries are not...
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10 Gorgeous Roads For The Drive Of A Lifetime
These spectacular paved tar creations from all over the world are an absolute pleasure to drive on!The Overseas Highway, Florida Keys Imagine a stunning road that leaps from island to island, across...
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