China

The Chinese 2-5 year swap spread has flattening to 1 basis point. The last time it was so flat was 2008.

If the Chinese are serious about their anti-US rhetoric, they will have to do a lot more on the currency front. First and foremost, they need to move more aggressively to a basket peg that allows bilateral Yuan currency rates to move as the…

Separately, both Nouriel Roubini and Stephen Roach, two leading American economists with differing views on the Chinese domestic economy have pointed out the concern China has with the dysfunctional US political system. Increasingly, the…

Coal is one of many natural resources which are in short supply. This article provides one example from India. Jeremy Grantham believes that peak resources is a phenomenon which will pose problems for the global economy in the future. He…

Economic growth warning signs are evident all around in recent data from the US, Europe and China. This should mean negative earnings surprises by Q3 earnings season.

There seems to be an aggrieved sense on the part of creditor nations that after providing so much helpful funding to undisciplined debtors, the creditors are going to be left with losses. There is, they claim, something terribly unfair…

It turns out that China is not willing to pay whatever it has to for energy and metal resources. Several resource deals have faltered in recent months, indicating an increasingly choosy Chinese perspective on energy and metal acquisitions.…

Gary Shilling sees a hard landing in China as they try to deal with the bad debt problem there. But note, when he says 'hard landing', he says this would "knock their growth rate in half." That's still almost 5% annualised GDP growth. Video…

Dollar pares recent gains as EZ struggles to control crisis; Global stocks boosted by Asian data reports. North American session likely to be dominated by Bernanke; further easing unlikely but still possible. Chinese economic narrative…

Regardless of the source of inflation, it is a serious concern for Chinese officials. Chinese history shows that periods of high inflation are associated with social, economic, and political unrest - all things that the central planners in…