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  • U.S. Consumers Benefit From China's 'Unfair' Currency Policy [View article]
    True. A lot of exporting Chinese companies only make money on tax incentives the government provides. The Chinese people will one day find out what a bad deal they have been given. It has been a grant party of free drinks for US consumers in the last few decades. Now the bill comes and the partiers think they have been given opium.
    Jul 12, 2011. 09:04 AM | Likes Like |Link to Comment
  • The Coming Chinese Black Swan [View article]
    How much do you know Good Ole Days of Mao? Being able to buy 50% less pork than a year ago with the same amount of money does not equal 30 million people starving to death.
    Chinese average wage is increasing faster than CPI does. Think about it.
    Jul 11, 2011. 10:04 AM | Likes Like |Link to Comment
  • China's Most Profitable Industry Becomes One of the Toughest [View article]
    A rare article on SA that tells what is happening in Chinese RE sector and why.
    Jul 11, 2011. 09:44 AM | Likes Like |Link to Comment
  • Southern Europe: Beyond a Demographic Point of No Return [View article]
    "Perhaps the Chinese will operate Greece as a theme park. "

    The Chinese, at current rate, won't have any children to see the theme parks because its population under 15 is virtually 0 by 2030 ( )

    Of course the catch is "at current rate". If most people start to see the problem of too few young people, and give strong incentive to encourage families to have more children, it *only* takes 20 years for a new-born today to grow up to an adult at prime working age. It's not that a long time.
    Jul 9, 2011. 10:53 AM | Likes Like |Link to Comment
  • China: Incentives and Debt [View article]
    "at least 500 million people have in real terms seen their living conditions/standards drop compared to where they were in 1990"
    Where do you get that? Go around and ask people in China. Few is feeling they are worse off than in the 90s, if they can remember what it was liked in the 90s.

    I agree that the underclass will pay for all this. Not sure about "the go-go days of China's huge economic rise have ended" until Chinese GDP slows down significantly.
    Jul 8, 2011. 01:32 PM | 1 Like Like |Link to Comment
  • Europe: The Sky Is Falling [View article]
    "why should Germans be shouldered with Greek liabilities"

    Because Greek, and other less productive countries, buy German products, and Germany can lend the money it makes to those countries. Pretty much like China needs to shoulder the US' liabilities because the US is China's customer and borrower.
    Jul 6, 2011. 03:14 PM | 6 Likes Like |Link to Comment
  • The Coming Chinese Black Swan [View article]
    I agree that Chinese savers paid for the bad loans that Chinese gov't pushed under the carpet at the end of the 90s. Do we call it a black swan event? No. You refer to people's going hungry and possible social unrests but you do not show that "this time around" things are worse than the end of the 90s. In fact I think the low income people are better off then they were in hte 90s. So if the Chinese gov't does the same trick today, I think the Chinese consumers will pick up the bill (unknowingly as before) but I do not think a black swan event is going to happen.
    Jul 6, 2011. 12:27 PM | Likes Like |Link to Comment
  • Predictable 'Surprises': China and Australia Economic Woes [View article]
    What China got off the deal -- trading with the US in return of IOUs -- is building its infrastructures (hard ones like road and grid, and soft ones like streamlined and modern regulation system). The IOUs are to most people inmaterial astronomical numbers. It's like the gold reserve of the FED -- you are not sure and don't care too much if it is what the FED claims it to be. As long as China is doing better than the rest of the large economies, people will invest in China.
    Jul 5, 2011. 06:12 AM | Likes Like |Link to Comment
  • China's Role in the Oil Price Story [View article]
    Where does China put that much influx of oil ? Why doesn't China just negotiate a deal and buy oil from the reserve holder governments at a discount over the market price? And at the end of the day how much would China save ? Let's say China saves $20 a barrel and takes in half of the 60 million barrels/month reserve for 2 years. That would make $1.4 billion dollars saving. Will China plunge tens of billion into European debt for $1.4 billion saving that is far from guaranteed? I don't think so.
    Jul 5, 2011. 05:37 AM | Likes Like |Link to Comment
  • China: The Silent Bear in Bull's Clothing [View article]
    "where did all the money go if affordable housing - the sure way to keep the citizens happy - was not a top priority in the past?"

    Maybe they save the more powerful tool for the more destructive second round of the storm, the tsunami after the quake -- the double dip.
    Jul 1, 2011. 03:50 AM | Likes Like |Link to Comment
  • China: Property Peak, Growing Unrest and Other Tidbits [View article]
    Those who buy properties overseas are minorities. They may have high profiles, but don't make much of a dent on the total economy.

    Those people I talk to are not leveraged. They got their first apartment at dirt cheap prices from their working units in the 90s. Bought and paid off another one in the 2000s. Living in their third one. Note that I was talking about people in their 40s or above, hope you know what it means, being a china watcher since the 90s...
    Jun 21, 2011. 04:22 AM | Likes Like |Link to Comment
  • The Risk of China's Black Box Economy [View article]
    OK. Chinese government assumes responsibility of debt of 7% GDP. China's total public debt is still 40-50% of GDP. What about the US? 90%. Japan? 220%.
    Looks like people just ignore the part of China's economy that is not like a blackbox.
    People feel China's economy does not make sense because most people simply try to fit a whale model to an elephant.
    Jun 20, 2011. 08:53 AM | 3 Likes Like |Link to Comment
  • China CPI and PPI Data Make Physical Gold and Silver ETFs Likely to Resume Up Trends [View article]
    "The US is China’s biggest trading partner"

    The EU is.
    Jun 19, 2011. 11:58 PM | Likes Like |Link to Comment
  • China CPI and PPI Data Make Physical Gold and Silver ETFs Likely to Resume Up Trends [View article]
    the 5.5% and 9.2% figures on China are all year on year or annualized.
    Jun 19, 2011. 11:53 PM | Likes Like |Link to Comment
  • Why China and India Are the Biggest Emerging Market Losers [View article]
    "Indeed, what is usually referred to as Emerging Markets has become a weird cocktail of countries with very different economic profiles and growth engines"

    That is diversity and a sign of systemic healthiness.
    Jun 19, 2011. 09:57 PM | Likes Like |Link to Comment