Posted in June 29, 2011 ¬ 2:41 pmh.jeff
China's $300 billion 16,000 KM (~10,000 mile) high-speed rail megaproject while slightly behind schedule is about 50% complete. The system will criss-cross China north and south, east and west from as far north as Harbin (Maine in USA) to Hong Kong (Miami, FL) in the South and Chengdu (Colorado) in the west.
On July 1, the [...]
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Posted in May 21, 2011 ¬ 9:16 amh.jeff
Much has been written recently about the significant wage increases in China's manufacturing labor force. Notably, last fall Apple/HP/Dell assembler Foxconn DOUBLED the monthly wage of their 500,000 factory workers in Shenzhen to RMB 1,200 and Chongqing Province saw a 28% increase in their minimum wages in 2010.
While the percentages look dramatic, it's important to [...]
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Posted in March 8, 2011 ¬ 5:10 pmh.jeff
Many would be surprised to know that famous many well known Chinese public companies listed in the US markets are actually Cayman Island entities. Some of these companies like Baidu, CTrip, China Sunergy, Focus Media, Shanda, Noah Education Holdings, VanceInfo, Tom Online and Vision China Media to name a few are actually Cayman Island entities.
This [...]
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Posted in February 14, 2011 ¬ 4:04 pmh.jeff
U.S. trade rebounded strongly in 2010, as fast-emerging economies led by China became a vital export market. After falling dramatically during the recent economic downturn, US exports expanded by 17% to $1.8 trillion last year.
The 2010 data show China holding its place as the top source of imports into the US after having jumped ahead [...]
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Posted in January 25, 2011 ¬ 2:16 pmh.jeff
At the current size and rate of growth in China (10.2% in 2010) the economy in China will add about $1 trillion in GDP in 2011. What that means in simple terms that is almost like creating half of the United Kingdom… in 1 year. Over the last 10 years, China’s economy has created 3 [...]
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Posted in January 21, 2011 ¬ 5:23 pmh.admin
The USA (3,794,083 square miles) and China (3,696,100 square miles) are nearly identical in size, so imagine this:
Take the population of the United States then add Mexico, Canada and Brazil, throw in the rest of the Western Hemisphere, than add Japan and Nigeria and put all of these people in the USA and you now 1.3 [...]
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Posted in January 12, 2011 ¬ 5:28 pmh.jeff
I have to ask: If you owed someone $1 trillion, bought more than $300 billion each year of their products (and only sell them about $70b), would you antagonize them into a trade war? If you're a pragmatic business person, or posses some moral obligation, you probably would not.
Should America just adopt Chimerica as our [...]
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Posted in December 15, 2010 ¬ 8:01 pmh.jeff
As we have discussed in previous CUBD blogs, the US tends to put forth a distorted view of the trade imbalance with China based on calculations that don't add up.
Recently, two academic researchers estimated that one such product, the Apple iPhone added $1,9 BILLION to the US trade deficit with China. This figure is based [...]
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Posted in December 9, 2010 ¬ 8:14 amh.jeff
Dec. 7 – China recently released a circular allowing foreign capital involvement in China’s medical institutions sector for the first time. Specialists believe the new policy will have a significant impact on the country’s ongoing reform of the medical industry.
The Chinese State Council forwarded the “Circular on Further Encouraging and Guiding Social Capital to Investing [...]
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Posted in November 18, 2010 ¬ 2:14 pmh.jeff
India will overtake Japan as the world’s third largest economy and China will be nearly double the size of the United States by 2030, according to a reportreleased by Standard Chartered on Monday.
The report’s researchers expect China’s economy to hit US$73.5 trillion and India’s to reach US$30.3 trillion as the global economy reaches US$308 trillion in [...]
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