China

America is the largest debtor nation in history. And given the economic weakness in the global economy right now, the debt load is likely to get worse. Recently, China surpassed Japan to become America's largest creditor.The Chinese, who…

I have felt for sometime that dollar strength is a counter-trend that has a sell-by date written all over it. You see, the Federal Reserve is ballooning its balance sheet like nobody's business as it tries to be the global lender of last…

So, I am back in the saddle after a great weekend in Palm Beach. And three days almost entirely away from Newspapers, Televisions, Telephones, and Computers is a very good thing to clear the head. (Although I did happen to catch Sarah…

Echoing my sentiments in the last post, "The U.S. banking crisis: where are we?," Stephen Roach, the head of Morgan Stanley Asia has made a blistering attack on the U.S. Congress. He has labeled Congress's response to crisis…

I have written a few posts about China recently. None have taken a look at the big picture for Chinese growth and at its affects on big Chinese companies that are receiving large overseas investment in their shares. Overall, China will…

I always feel a bit sceptical when I read a report about unending growth and prosperity. Rio Tinto thinks that the metals and mining boom will continue unabated for years. That certainly puts him in the same camp as Jim Rogers. Rio CEO…

At the end of last week, the warning came. The Chinese officially warned Hank Paulson et al. that they better get their act together on Fannie and Freddie. The Chinese own a ton of GSE paper and they would be hopping mad to see their…

The Beijing Olympic games are supposed to be China's coming out cotillion. As the west struggles with deleveraging and recession, China wants to make a statement that it has arrived. The games have gone off remarkably well and most…

While the finance world is concerned with its own problems of writedowns and deflating asset prices, a proxy war of great importance is being fought in the country of Georgia. It has everything to do with both a Russo-American power…

The Financial Times Deutschland is reporting that China and Iraq want to revive a Saddam-era oil contract between the two nation that is worth billions of dollars. The contract, an obvious economic coup for China, secures Beijing…