China

No he didn’t.  Jim Rogers, the bow-tie wearing Quantum Fund co-founder and Sino-enthusiast, has recently implied Jim Chanos doesn’t know China from a hole in the ground. Rogers is not happy about the recent bearish pronouncements…

This is an update on trade and protectionism because the last posts I wrote on protectionism were in December. Since then, the only two major events on the protectionist front happened last Friday. Canada and the Buy American Fiasco The…

Xie believes the Chinese economy is in no near-term threat. But he does see problems down the line because of a property bubble. He recommends even more monetary tightening to reduce the ill effects of this bubble. Xie comments on the U.S.…

“We shall be as a city upon a hill. The eyes of all people are upon us.” --John Winthrop Joe Biden is buying none of this America-as-an-empire-in-terminal-decline meme.  The Washington Post’s E.J. Dionne caught up with the Vice…

Below is a Jim Chanos video on China now making the rounds in the financial blogosphere.  Chanos says that most financial bubbles are the result of excess credit creation and believes that is exactly what we are witnessing in…

If I could relate the concept of malinvestment to business administration I would do it using the concept of depreciation.  Depreciation is a term used in accounting and business to represent a writedown of a real asset on a…

This is a post which was originally published at A Fistful of Euros. Well there certainly is a lot happening out there at the moment. And Monday’s successful bond sale which left the Greek government triumphantly proclaiming they could…

A reader who invests in emerging markets sent me an interesting article from the South China Morning Post. Excerpts are below. China's economic stimulus programme has accelerated the already aggressive pace of urban development in the…

Jim Chanos was on CNBC talking about, amongst other things, China.  And while he is bearish on China, the quote that jumped out at me was the one in the title. He is bearish on China because of an unprecedented credit-induced bubble…

China has been very successful in maintaining GDP growth in the midst of one of the worst global downturns on record.  In 2009, the concern was how an export collapse would trigger slow growth and unemployment. But as 2010 begins, for…