The MilwaukeeBucks played the Golden State Warriors in Guangzhou. The NBA understands the value of the Chinese market and so should any U.S. companies that you want to invest in.
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From the category archives:
Housing Market
If you thought yesterday’s 936 point jump was impressive, you should have seen what happened in Japan.
The Japanese Nikkei index soared by 1,171 points or 14.15%,the largest one-day gain in Japan’shistory.
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Dominique Strauss-Kahn, the head of the International Monetary Fund, is still verypositive on China.
“It would be very surprising if a power like Chinawould just be looking at the crisis from a balcony without being very concerned. Nonetheless, (China’s) rate of growth will remain very high.”
I agree. China will lose a point or two ofannualized GDP [...]
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The Halter USX China Index(Amex: HXC) added eight new stocks to its index:
China Fire &Security (CFSG)China Housing and Land(CHLN)China Information and Technology (CPBY)China Sky One Medical (CSKI)General Steel Holdings (GSI)Zhongpin Inc (HOGS)Wuhan General (WUHN)China Direct (CDSDD)
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China Architectural Engineering (Nasdaq:CAEI) upped its Q3 revenue and profits guidance.
The reason for the optimism is simple: CAE’s business outside of China is booming. The revenue mix between China and international is now roughly 50%-50%.
High-priced U.S. architects should be worried because Chinese engineers are undercutting the heck out of them. Qualityworks at a fraction of [...]
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Depositors at the Bank of East Asia lined up for hours to withdraw their money. Iwouldn’t characterize it as a ‘run’ but it is pretty darn close.
S&P and Moody’s both lowered their credit rating for Bank of East Asia from ’stable’ to ‘negative’when it restated its earnings for the first half of this year.
The root [...]
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BHP Billiton CEO Marius Kloppers said nuclear energywould play a “bigger role” in China in the future andthat BHP is “gearing up” to meet China’s uraniumdemand.
“That will take a couple of years, but clearly we are positioning the company to, from our side, participate in thatover decades, not just a couple of years.”
“If the world [...]
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China is threatening to stop using iron ore fromBrazilian miner Vale (NYSE:RIO because of a recent price increase.
China warns that it will tell Chinese iron oreminers to increase production and instruct Chinese steel makers to reduce output.
China needs the iron ore, but the Chinesesteelmakers could be the big loser in this shouting match.
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Interesting stuff about Chinese realestate.
There were 900,000 new houses build in the U.S. in 2007. How many new homes do you think were built in China? Answer: 10 million!
And get this: home mortgages didn’t exist in Chinauntil 1998.
There are 200 Chinese cities with a population of 1 million or more. The U.S. has nine in [...]
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The Chinese government is very serious about turning China into a biotechnology powerhouse and is spreading enough money around to make ithappen.
The latest. A grant fromChina’s National Development and Reform Commission toSinovac (NYSE:SVA) has allowed it to expand its vaccine production capacity to 20 million doses annually.
I’ve been following Sinovac for a while and am [...]
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