China

I am glad to say that the overinvestment thesis is much more widely acknowledged today than it was even two or three years ago, but one myth, I think, is that most of the overinvestment excesses in China are concentrated in the real estate…

Shanghai’s channel surfing Panda bears are speaking with a little higher pitch this weekend after getting their ‘hood caught in a vicious squeeze and reversal. The stock index has bounced 8.7 percent off its January 6th lows after falling…

This is grim. Bill Black has the analysis; he thinks this is a criminogenic environment of control frauds.

There has been a lot of discussion about whether China's growth will slow enough to be considered a hard landing and what that would mean for the global economy and investors. Below is an account from Bloomberg featuring Goldman Sachs Chief…

Apple has released a report on working conditions in its suppliers’ factories. It highlights a form of control fraud that criminology has identified but rarely discussed. I write overwhelmingly about accounting control fraud because it…

That's a full percentage lower than Q1 2011. So clearly the Chinese economy has slowed in reaction to both global slowing and the Chinese authorities' attempts to cool asset and price inflation.

Happy Wednesday. I know the news is 'less good' today than it was when I last wrote you but writing these weeklies always puts me in a more positive frame of mind. Nevertheless, today's topic is about downside risk. My hope is to frame the…

The Shanghai has put in its best two day performance since September ’09, rising 5.8 percent. After its post crash peak in August 2009, Chinese stocks have fallen almost 40 percent before hitting their lows last Friday.

The best resolution, and the one Keynes urged without success on the US in the 1920s and 1930s, is that Germany take steps to reverse its trade surplus. It could boost disposable household income and household consumption by cutting income…