Monthly Archives: February 2007

China Stock Market Drops 9%

Read ‘em and weep. Note HSBC’s Garry Evans — a most unfortunate ex post facto comment: “I think the market had gotten a little too expensive.” Another article from a Chinese perspective. UPDATE: With remarks from Cheng Si-wei (???) like … Continue reading

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Another Chinese Super(business)man?

James Fallows reports on yet another rags-to-riches megalomaniac. Mr. Fallows’s report, perhaps unknowingly, has caught in a 5 minute video all the usual characteristics of this Chinese type: xenophilia (but at a distance), imitation of “best practices,” massive display of … Continue reading

Posted in Ideas in Chinese Life, Management | Comments Off

Uh, oh. A New Enemy.

No, I haven’t read the book, and I intend to avoid doing so. The author’s precis of his apocalyptic, decades-long, multi-fronted conflict theory with perceived enemy China is itself sufficiently off-putting. We can chalk it up as just another iteration … Continue reading

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More on the Value of the RMB

Well, I guess it’s settled. Everyone’s decided the Chinese will revalue the RMB. So there you have it.

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U.S. Treasury’s New Point Guard for Economic Talks with China

Mr. Paulson has chosen Alan Holmer, a negotiator without China knowledge or experience, to “run the US-China strategic economic dialogue.” After many years of dealing with Americans who deal with China, I fail to comprehend how the American businessman, other … Continue reading

Posted in Investment | 2 Comments

The Chinese on the Business Acumen of the Jews

The happy belief that Jews are, to a man, accomplished money-makers — hard-working and smart as well! — is widespread among Chinese. Ask just about any Chinese — worldwide — what he thinks about Jews and the response will be … Continue reading

Posted in Ideas in Chinese Life | 1 Comment

Pan Shi-yi Invokes Deng Xiao-ping in Criticism of Land Ownership Controls

As its lead story, Nanfang Daily publishes a lengthy, but interesting interview originally carried in ????? with the real estate investor, Pan Shi-yi (???). Pan’s blog graphically displays the percentage of property ownership….well, take a look. [In Chinese.]

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U.S. Treasury China Personnel Change: Adams Leaves Office

Tim Adams has left Treasury. Is Mr. Paulson about to announce a shift in Treasury’s China policy?

Posted in Foreign Exchange, U.S. Economy | Comments Off

Once More, Paulson Again Restates American Position on Renminbi Revaluation, For A Further Time, Anew…

Will Mr. Paulson become the Eveready Bunny of the forex world? [Editor's note: The Eveready Bunny, for those readers who've not seen him on TV, is the brand mascot for a long-lived battery that "keeps going and going..."]

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