Monthly Archives: June 2010

US State Department Visa Staff (Officers?) To Work on Saturdays (For a Couple of Weeks)

For those in China who find visa application at US embassies and consulates a difficult and lengthy process: The U.S. Embassy in Beijing, along with four U.S. consulates general across China, is opening on Saturdays over the next few weeks … Continue reading

Posted in American Faux Pas, Imports and Exports, Information and Reference Sources | Comments Off

WSJ: Misleading Headline on RMB Movement

I find this to be a most misleading headline: China’s Yuan Rises to Highest Level Against Dollar in Modern Era The yuan was quoted at 6.8015 to the dollar in China’s over-the-counter market Monday afternoon, up strongly from its opening … Continue reading

Posted in Foreign Exchange | Comments Off

The Yuan is China’s Currency and This is Not an Issue the International Community Should Discuss

Why was I not surprised to see, once again, the headline, “China Unlikely to Move on Yuan?” Because I have been writing for nearly a DECADE– and saying it to anyone who will listen since the mid-90s — that the … Continue reading

Posted in Foreign Exchange | Comments Off

Video: Real Estate Bubble to Burst Very Quickly — 10-20% Decline in National Average in Housing Prices Over Next 18 Months

Mingchun Sun, Chief China Economist, Nomura International in Hong Kong here. “There is no way to say there is no bubble…”

Posted in Investment, Video | 1 Comment

Chinese Union Officials Berate Remaining Honda Strikers

Here. With some observations and a video of what may be replacement workers for remaining strikers crossing the picketline here. Interesting comments under the video here.

Posted in China After the Meltdown | Comments Off