Financial Markets

  My lessons from life as a Chinese central banker By David Daokui Li When I became one of three academic members of the People’s Bank of China’s Monetary Policy Committee in April 2010, I knew I was unprepared, despite teaching economics for nearly 20 years in the US and Hong Kong before returning to [...]

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A global market perspective that I agree with . . . November 23, 2009 The Future That Was China’s economic model is reminiscent of 17thcentury mercantilist policies. Thomas Mun, a Director of the East India Company, in England’s Treasure by Foreign Trade (1664), wrote that the purpose of trade was to export more than you imported. [...]

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The USA owes China $740B and the USA continues to beg China ad Japan buy more bonds in the next several years while we spend like a profligate drunkard.   Like Chavez (cash has run out), who is telling creditors that he will give them useless paper (like we do bonds) or turn on the [...]

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Excellent review : economics, marketing, politics Seven Reasons Why the Coke-Huiyuan Deal Failed March 19, 2009    David Wolf Just after the Ministry of Commerce announced that it had rejected Coca-Cola’s (KO) bid for Chinese juice-maker Huiyuan, I got a message from a very astute friend of mine who noted “that deal was dead the [...]

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China and Japan continue to be the largest investors in US assets.  US treasury bonds ‘still the best option’ By Xin Zhiming (China Daily) Updated: 2008-11-20 09:46  China is likely to continue increasing holdings of US treasury bonds even after becoming the No 1 holder because it is the best way to deploy its $1.9 [...]

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