From the monthly archives:
The deputy chief of the National Development and Reform Commission in China acknowledged that China is now the world’s largest greenhousegas polluter.
The air pollution problem is China is from two primarysources: automobiles and coal-fired utility plants.
Cleaning up pollution from those two sources will be generate huge profits for the right companies.
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The Hong Kong Monetary Authority cuts its benchmark interest rate by a half-point to1.5% yesterday. The Hang Seng jumped by 10% on the news.
Quite a different response than what we saw in the U.S. to a rate cut. I’ve said it before — if you’re going to beinvested in stocks, make sure your dollars are [...]
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China cut interest rates for thethird time in two months to keep its economy from following the U.S. slowdown. China’s key rate was cut from 6.93% to 6.66%.
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You’ve probably never heard of Shenyang, a northeastern industrial city of 4 million people.
This article isan interesting read (and pictures) about the effects of growth on this city through the eyes of a formerresident.
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Yesterday’s 889 point Dow Jones rally translated into a 10.3% one day gain. That is an impressive gain but the HongKong Hang Sengindex jumped by 14.4%.
My point is that if you’re going to be invested in stocks, the biggest bang for your buck is going to be inAsia.
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Boeing predicts that it will sell 3,700 jets worth $390 billion over the next 20 years.
“This makes China the largest market outside of theU.S. for new commercial airplanes.”
Boeing is absolutely right about the next decade or so, but China is entering the airplane business and it won’t be that long until it buys its own [...]
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I still remember watching a small Chinese town mayor bet tens of thousands of dollars per hand at a baccarat table atthe Macau Sands. I knew this mayor was betting several years of salary on each hand.
Corruption has been and always will be a problem in Communist countries.
Read this link about a corrupt bank employee [...]
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Consumers aren’t buying electronic doodads at that pace they were. Sony reported a 72% drop in Q3 profits and warned that the futuredoesn’t look so good either.
Sony’s stock, by the way, is selling for less than its book value. That’s a discount worth looking at.
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Intel has a huge investment division, Intel Capital, that hasjust invested $170 million into three different Chinese companies.
Intel isn’t givin up on China. Are you?
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China Shenhua Energy, China’s largest coal producer, reported a 48% jump in Q3 profits on a 33% increase inrevenues.
Approximately 85% of China’s electricity iscoal-fired.
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