China Financial Markets

There is a longish and much-discussed article in this Sunday’s New York Times (“Waving goodbye to hegemony”) by Parag Khanna, a senior research fellow in the American Strategy Program of the New America Foundation, which strikes me as a sort of compendium of a lot of fashionable and muddled thinking about the evolving geopolitical order. [...]

There were plenty of new numbers today to think about in trying to understand what is happening in the Chinese economy.  While lots of different analysts are putting different spins on these numbers, I have to say that the latest batch of numbers has done nothing to allay any of my worries about the overheating [...]

Zhu Xiaoliang, deputy head of the Ministry of Commerce’s department of market operation regulation, said in a televised interview yesterday that inflation in China would remain high but would gradually ease. He also promised that the ministry would ensure adequate supplies of major food products such as meat and vegetables to stabilize prices during the [...]

About 15 minutes ago, as I was riding in a taxi back to my office with one of my students, Gao Ming, he told me about a recent Jim Rogers interview in the local media. Apparently during the interview Rogers said that a sharp US slowdown would have a significant adverse impact on the Chinese [...]