omooc

China's Overheating Prospects Brought Under Control - Unless U.S. Falters

Unclear what your theme is. Are you trying to link or delink US economy and Chinese economy? omooc

Waiting For China's Real Test to Begin

The way you framed it, it reads as if 19th century England "copied" from 20th century USA. Well done. "This will slow" -- when will the slowing come about? Of course, in time, every one -- and every nation -- slows down. The question is when? omooc

Stay Out of China (and thus H.K.) Until Wall Street's Mess Settles

Your logic escapes me. So Wall Street is risky. Why does it follow that, as a result, HK or Shanghai becomes risky. Unless one resides in HK, one would not be permitted to buy Alibaba, to my knowledge. omooc

People's Bank of China Hikes Rates Again

Over CNBC this morning (9/14), archor lady Erin commented (to Jim Cramer) that "90% of China's inflation is imported from USA." A sombering thought. Though she did not comment further (nor did Cramer), I thought USA's pushing corn-based ethanol contributed to high price in corn, which in turn affected hog's price. omooc

China's Selloff Is a Buying Opportunity

Good presentation. While making an announcement at midnight is indeed unusual, it is still 9 hours before the market opens (as I understand it, SSE opens at 9), plenty of time to reflect and plan a course of action. Indeed, this allows the newspaper to present the announcement, together with expert commentary as needed, before the market opens. omooc

The Bubble Theorists Have Shanghai Wrong

This is indeed an excellent piece -- it is good to bring in international comparison. Reading this piece, one realizes that a p/e ratio of 40+ is not unreasonable. On intellectual property, I read, just a day or so ago, that piracy in France was 43% last year, down from 45% the year before. That artcile (I am sorry I do not have the source at my fingertip) also mentions that piracy in USA is about 23%. In another article I read, it says that, when USA was a young country, she pirated from her home country (England) with abandon. So, USA can hardly point the finger at other developing countries. Thanks also for providing a link to Prof Mundell's interview published in BW. I subscribe to BW, but, somehow, I did not come across it. I added a comment to that entry, saying that it was the most ridiculous comment I have ever read. I cited four examples: (1) equating China's surplus with US as if it were her world-wide account balance; (2) stating that US citizens can fall back on "future income streams from capital assets, stocks, and bonds"; (3) stating that "if the world stops financing it [US deficit], the deficit will go away"; and (4) equating a country's standard of living to its economic standing. omooc

China Market Syndrome: Just Deja Vu All Over Again

Well, at least Yogi was on the field, with an unobstructed view of the entire action. Has our man ever been to China? As one who has translated Confucius's Analects to English (available from Amazon), I chuckle at our man's reference to Confucian ethics. omooc

China's New Economic Model: Moving Away from Export Led Growth

Excellent coverage. Where is Stiglitz's article published? omooc