Category Archives: China

Chinese Stock Market Rout Continues; Trading Halted in Over Half of Listed Stocks

The Chinese stock market meltdown is accelerating despite government intervention and is blowing back to commodities markets, including copper and oil, which are trading down based on concern that the stock market plunge is a harbinger of even more economic weakness. And the decline may represent the beginning of the end of the faith in China’s command and control economy.

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Michael Klare: Russia v. China – Washington Debates Who Should Be Public Enemy Number One

Yves here. It’s mind-boggling to think that the US is confronting China as a hostile power. We are deeply integrated with them economically, so it’s hard to see how this makes any sense. And it reveals classic American short-sightedness, since by letting them become our preferred vendor (as in exporting US jobs to them), we […]

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Groundhog Day for NZ FSPs: Bryan Cook of Asia Finance Corporation is a Crook, but Does NZ’s FMA Care?

Why is it Groundhog Day? Back in 2011, I wrote a seriously messy blog post about dodgy New Zealand FSPs (Financial Services Providers), their dodgy web sites and people and addresses, and the evidently nonexistent oversight of all of this by the NZ Ministry of Economic Development and the NZ Companies Office. To my surprise, […]

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