Category Archives: china

Geithner on China’s Currency Manipulation

Tim Geithner’s testimony about China’s currency manipulation is the top story in the world today, judging by the NYT’s front page. And he did indeed say three times in his written responses to the Senate Finance Committee that "President Obama … Continue reading

Posted in china, Politics | Comments Off

A Smaller World

Lou Jiwei, the head of China’s CIC sovereign wealth fund, is saying some interesting things: “Right now we do not have the courage to invest in financial institutions because we do not know what problems they may have,” Mr. Lou … Continue reading

Posted in china, fiscal and monetary policy | Comments Off

Soundbite of the Day, Customer Service Department

Tyler Cowen: Bush, Bernanke, Paulson — we call them leaders. The Chinese think of them as the customer service department. I suspect the Chinese get straighter answers from them than we ever do. Related: Alea has an intriguing answer to … Continue reading

Posted in china, foreign exchange | Comments Off

China’s Wen: “Cooperation is Everything”

Chinese prime minister Wen Jiabao spoke to CNN’s Fareed Zakaria while he was in New York for the UN General Assembly last week. He very rarely gives interviews, and this was possibly his most open interview ever. From a financial-markets … Continue reading

Posted in china | Comments Off

Chinese iPod Datapoint of the Day

From Robert Koopman, Zhi Wang, and Shang-Jin Wei: In trade statistics, the Chinese export value for a unit of a 30GB video model in 2006 was about $150. However, Linden, Kraemer, and Dedrick (2007) estimated the value added attributable to … Continue reading

Posted in china | Comments Off

The Beijing Consensus

Alex Tabarrok reports on Sino-Syrian relations: "What can we do," the Syrian finance minister asked, "to increase Chinese investment?" "Well," the Chinese minister replied, "before we invest in Syria you most open your markets, cut your subsidies, and reduce regulation…"

Posted in china, emerging markets | Comments Off

Where are the Chinese Stock-Market Riots?

Back in January, in the opening session at Davos, Yu Yongding sounded a warning. Yu also noted political risks in China: there are 150 million small Chinese stock-market investors who are going to be very angry if and when the … Continue reading

Posted in china, stocks | Comments Off

China (and Inflation) Datapoint of the Day

Jim Surowiecki: According to the Yale economist Peter K. Schott, machinery and electronics products made in developed countries sell in the U.S. for four times the average price of Chinese products. And, since the late nineteen-eighties, that price gap has … Continue reading

Posted in china, economics | Comments Off

China IPO Datapoint of the Day

Helen Thomas keeps an eye on the China Railway IPO: The Hong Kong retail portion of the $5.5bn dual listing was 250 times oversubscribed – representing orders worth about $58bn. And this in a market which is far from surging: … Continue reading

Posted in china, stocks | Comments Off

China Datapoint of the Day, Aluminum Edition

Back in 2004, Alcan put together a slide show on China’s role in the aluminum industry. It included this chart, showing Chinese aluminum consumption from 1960 onwards, and anticipating a rise of 82% between 2004 and 2010, to 7.3 kg … Continue reading

Posted in china, commodities | Comments Off