Tag Archive | "China’s"

China’s Yuan Drops Most In A Week As Property Developers Tumble

Tuesday, March 25, 2014

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When we left China last night, it was all shits and giggles that bad news is great news and a Chinese stimulus plan will be here any minute to save the day. Having realized the sad fact that is not going to happen (as we explained here most recently) and the specter of banks runs more »

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Celebrating China’s First Bond Default: Copper Limit Down, Yuan Crashes Most In Six Years

Monday, March 10, 2014

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It would appear the fecal matter is starting to come into contact with the rotating object in China. Worrying headlines are beginning to mount on the back of real economic events (an actual default and a collapse in exports): *COPPER IN SHANGHAI FALLS BY 5% DAILY LIMIT TO 46,670 YUAN A TON *CHINA YUAN WEAKENS more »

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Think China’s Credit Crisis Is Over? Don’t Look At This Chart

Wednesday, February 12, 2014

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The bailing out of the much-watched ‘Credit equals Gold #1′ wealth management product and safe liquidity-strewn (CNY375 billion from the PBOC) survival of the lunar new year liquidity crunch has many believing the worst is over. Though we discussed this fallacy in great depth here, the following chart of the total collapse in the largest more »

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China’s Push Into “America’s Backyard”

Sunday, February 9, 2014

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Submitted by Shannon Tiezzi of The Diplomat, The United States has been quite vocal about its “pivot to Asia,” but as Washington seeks to further its influence in the Asia-Pacific, China has been quietly upping its own importance to Central and Latin America. Now China is making a push to further its engagement with countries more »

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China’s Households “Massively” Exposed To Housing Bubble “That Has To Burst”

Tuesday, January 28, 2014

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The topic of China's real estate bubble, its ghost cities, and its emerging middle class – who now have enough money to invest and have piled into houses not stocks – and have been dubbed "fang nu" or housing slaves (a reference to the lifetime of work needed to pay off their debts); is not more »

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China’s Moon Rover Already In Trouble

Tuesday, January 28, 2014

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China’s first lunar rover successfully landed on the moon in December, but a malfunction is already jeopardizing its mission. China’s Jade Rabbit moon rover experienced a “mechanical control abnormality” according to state media said on Saturday, in what appears to be a setback for a landmark mission in the country’s ambitious space program Conscious Life more »

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Major default looms in China’s huge ‘shadow banking’ system

Monday, January 27, 2014

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A shockwave is looming in China’s multi trillion dollar “shadow banking” system, with an unprecedented default only days away on a $ 500 million investment product sold to hundreds of people. BlackListedNews.com

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China’s central bank is now the latest to roll out capital controls

Monday, January 27, 2014

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The Central Bank of China has now ordered its commercial banks to suspend cash transfers for three days and foreign currency conversions for nine days, starting on Jan. 30. BlackListedNews.com

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Inside China’s Internet Addiction Rehab Camps

Friday, January 24, 2014

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The New York Times has a short film exploring life inside one of China’s hundreds of boot-camp-style treatment centers for electronics-addled youth who spend night and day gaming online, in some cases allegedly wearing diapers to avoid taking bathroom breaks. The camp director compares the internet to “electronic heroin” and warns that the teens “know more »

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CHINA’S AMBASSADOR TO CANADA WARNS ABOUT RISING JAPANESE MILITARISM, AND SOME PRECAUTIONARY WORDS

Wednesday, January 22, 2014

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Communist China’s Ambassador to Canada, Mr. Zhang Junsai, has raised some sobering points about the government of Japanese Prime Minister Shinzo Abe, and this one, coming as it does in the form of articulate and informed criticism of the culture and attitude of postwar Japan and its various governments, and in the context of growing more »

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