From the category archives:
Skidmore, Owings & Merrill, one of the world’s largest architectural firrm and a big beneficiary of the China building boom, is laying off people because of the lack of work in China. “Six months ago we were turning down work,” says Silas Chiow, SOM’s China director, and “the next six months are going to be [...]
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Never forget that the media in China is controlled bythe Communist Party. That means that you should pay careful attention to the official state news because it usuallypaints an accurate picture of things to come.
The latest news story is that the Chinese central bank is ‘considering’ increasing theirgold reserve from the current 600 tons to [...]
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An article in The Standard reports that the Chinese government is going to increase the amount of gold it holds in its $1.9 trillion dollars of cash reserves. Even asmall increase would send the price of goldsoaring.
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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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Goldman Sachs came out with a list of 10 Asian stocks that it expects to double within three years. Here is theirlist.
China Shenhua Energy (China’s largest coal producer)HTC CorpPT Astra International (Indonesia’s largest auto retailer)Axis Bank LtdChina Oilfield ServicesHong Kong Exchanges & ClearingMediatek IncSuntech Power HoldingsTencent HoldingsWant Want China Holdings
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If you need a solid gold hot tub or a diamond crustedwatch, get your butt down to the ShanghaiMillionaire’s Fair.
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Each Chinese gold medalist will receive a US$50,000 cashprize. Let me tell you, $50,000 is a ton of money in China.
This payment isn’t new either. China paid roughly halfthat amount for gold at the 2004 Athens Olympics.
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What are the big brokerage firms doing with their own money? One thing they are doing isinvesting in Chinese foodcompanies.
Goldman Sachs has purchased a 13% stake in China YurunFood Group, a Chinese meat producer, and a majority 60% interest in Shuanghui Investment and Development, another meatproducer.
Deutsche Bank has invested $60 million for a 30% stake [...]
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If you live near the Pacific Ocean, you’ve probably seen hundreds of China COSCO’s ships in harbors.
China COSCO fell by 6.3% on Monday and another 5% lastnight because Goldman Sachs downgradedChina’s largest shipping firm to ’sell’ from ‘neutral’because of rising oil prices and a weak U.S. economy.
The U.S. economy is weak but not enough to [...]
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Everybody wants to stake a claim to a piece of the Chinese gold mine.
Liberty Mutual Group has received approval from the China Insurance Regulatory Commission to open a sales office in Beijing.
Liberty Mutual has had a presence in China since 1996when it opened a Representative Office in Shanghai.
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