Category Archives: China

Chovanec: China Destroyed Its Stock Market

China apparently did not get the memo about not letting stock market leverage get out of hand.

Perry Mehrling: China’s Rocky Road Ahead, Financial Liberalization versus Financial Stability

Will China’s renminbi transition smoothly to reserve currency status, or not? And should it?

Chinese Stock Market Rout Continues; Trading Halted in Over Half of Listed Stocks

The Chinese stock market meltdown is accelerating despite government intervention and is blowing back to commodities markets, including copper and oil, which are trading down based on concern that the stock market plunge is a harbinger of even more economic weakness. And the decline may represent the beginning of the end of the faith in China’s command and control economy.

Oil Faces Steep Downside Risk From China’s Stock Market

A drop in demand from China was one of the big causes of the oil price plunge in 2008. How do stock prices play into current demand weakness?

Michael Klare: Russia v. China – Washington Debates Who Should Be Public Enemy Number One

Yves here. It’s mind-boggling to think that the US is confronting China as a hostile power. We are deeply integrated with them economically, so it’s hard to see how this makes any sense. And it reveals classic American short-sightedness, since by letting them become our preferred vendor (as in exporting US jobs to them), we […]

Groundhog Day for NZ FSPs: Bryan Cook of Asia Finance Corporation is a Crook, but Does NZ’s FMA Care?

Why is it Groundhog Day? Back in 2011, I wrote a seriously messy blog post about dodgy New Zealand FSPs (Financial Services Providers), their dodgy web sites and people and addresses, and the evidently nonexistent oversight of all of this by the NZ Ministry of Economic Development and the NZ Companies Office. To my surprise, […]

The Growing China-Latin American Energy Relationship

China has made a concerted effort to expand energy links in Latin America, especially in form of oil-backed loans.

Oil Markets Could Be In For A Shock From China Soon

China’s oil consumption is a bigger part of global demand than most analysts acknowledge. A slowdown in buying after China stopped stockpiling diesel for the summer Olympics was a proximate cause of the 2008 oil bust. China is again in a stockpiling phase, which could precede another not-well-anticipated demand drop.

The Geopolitics of American Global Decline: Washington Versus China in the Twenty-First Century

America’s current leadership has failed to grasp the significance of a radical global change underway inside the Eurasian land mass. If China succeeds in linking its rising industries to the vast natural resources of the Eurasian heartland, then quite possibly, as Sir Halford Mackinder predicted on that cold London night in 1904, “the empire of the world would be in sight.”

Michael Klare: Delusional Thinking in Washington, The Desperate Plight of a Declining Superpower

How US superpower overreach has hit the breaking point, yet the officialdom acts as if somehow doing more will succeed.

The Fed’s Dereliction of Duty and False Capital Flows Morality

The Fed disavows responsibility for the way US interest rate policy sends money sloshing around the world. It’s a huge mistake intellectually and politically.

How the China’s New Silk Road is Shifting Geopolitics

Even though China’s Silk Road initiative is in its early stages and still opportunistic, traditional rivalries could impede progress. Even so, the US is concerned about how China has gotten and is making countermoves.

America’s First Black President Throwing Slaves Under the Bus on TPP

The sausage-making on the TPP has gotten messier…..

How Much Longer Can The Oil Age Last?

I suspect readers will draw suitably concerned environmental conclusions from this forecast, that the oil era has at least another 30 years to run.

Alicia García-Herrero: Additional Monetary Easing for China?

As many other central banks in the Asian region, the People Bank of China (PBoC) has been on an easing mode for a few months now and more seems to be in the store. The once relatively polarized debate on what the PBoC monetary policy stance should be has increasingly leaned towards additional easing. Some analysts are even proposing full-fledged quantitative easing (QE), in the form of US Treasury sales to raise funds for assets locally, such as local government bonds and other hardly–performing assets. There is no doubt that the PBoC could, thereby, bring another big stimulus into the already heavily massaged Chinese economy as it would help debt-saddled local governments to clean their balance sheets and, at the same time, allow banks’ to lend further. As if this were not enough, any additional easing – capital controls permitting- would also push the RMB to a more depreciated level, bringing thereby an additional push to external demand.