Monthly Archives: December 2006

Taiwan Gives Go-Ahead to 0.18 Micron Chip Investment in China

Posted on December 30, 2006 by Richard

The Mainland Affairs Committee and the Ministry of Economic Affairs will allow Taiwanese investment in 0.18 micron process technology in China, lifting the lengthy ban. Taiwan Semiconductor (???, TSM) will likely be the first to benefit. Read about the announcement … Continue reading →

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Money Laundering in China: The Case of Huang Guang-rui (Part 3)

Posted on December 29, 2006 by Richard

[Editor's Note: This is the final installment of our series on money laundering in China. Read Part 1 here. Part 2 here.] “Wipe Clean” and “Wring Dry” “Wiping clean” follows soaking — allowing dirty money to distance itself from its … Continue reading →

Posted in Banking and Finance, Foreign Exchange, Investment, Legal | 1 Comment

China Blocks Access to Asia Business Intelligence Weblog

Posted on December 27, 2006 by Richard

UPDATE (Dec. 28): The earthquake that disrupted internet access in Korea, Taiwan and parts of China may have caused the block reported below. This article describes the damage to undersea cables in detail, stating that “China Telecom, one of the … Continue reading →

Posted in Blog Announcements | 1 Comment

Audio: Renminbi Redux – Have They Begun to Circle the Wagons

Posted on December 20, 2006 by Richard

More renminbi revaluation silliness from Washington… Click the little triangle to listen to today’s post.

Posted in Banking and Finance, Foreign Exchange, Investment, U.S. Economy | Comments Off

Renminbi Redux: Have They Begun to Circle the Wagons?

Posted on December 20, 2006 by Richard

UPDATE to this post: More silliness from Washington. [One is sorely tempted to employ the perjorative "stupidity," given the continued emphasis upon ineffective strategies.] The Chinese government will give scant attention to strident but empty-fisted pronouncements. Token offers of appeasement, … Continue reading →

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Chinese Restrictions on Investment

Posted on December 18, 2006 by Richard

Bloomberg: The Chinese government permits foreign investment in new capacity, but has essentially closed the door to foreign acquisition of established Chinese businesses in many industries. “China now has so much capital that the central bank has to slow the … Continue reading →

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Money Laundering in China: The Case of Huang Guang-rui (Part 2)

Posted on December 15, 2006 by Richard

[Editor's note: Read Part 1 here.] “Soaking” This isn’t something everyone can do – laundering money requires contact with financial institutions so that cash can move up to the surface from underground, becoming legal income – it requires a series … Continue reading →

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Money Laundering in China: The Case of Huang Guang-rui (Part I)

Posted on December 14, 2006 by Richard

[Editor's Note: Given the restrictions upon the movement of money within China and across its borders, money laundering -- the transformation into apparently clean income of unlawfully transferred or earned money -- has become a commercial activity of great significance. … Continue reading →

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Audio: Have They Begun to Circle the Wagons?

Posted on December 13, 2006 by Richard

Click the little triangle to listen to today's post.

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Have They Begun to Circle the Wagons?

Posted on December 13, 2006 by Richard

On the eve of the American Magical Mystery Tour to China, the U.S. Trade Representative appears to have anointed herself in the holy oil of tradition, while reciting the usual ineffective incantation, such as we have heard ad nauseam for … Continue reading →

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