Feb 24th, 2011
A large part of my newsletter earlier this week discussed emergent scandals in the railway industry and their implications for the overinvestment debate us levitra, and this was even before the Alibaba scandals broke, but I think a lot more interest this week surrounded the inflation numbers. Last week the National Bureau of Statistics released [...]
Feb 10th, 2011
Because of the lunar New Year festivities when I wrote my newsletter little had happened in China besides the 25 bp interest rate hike on Tuesday, not counting of course the never-ending stream of fireworks and the several really great jaio zi dinners I have managed to snag from my students and their families. I [...]
Feb 4th, 2011
On Friday the US Treasury released its presumably semi-annual (it was due last October) report to Congress on currency issues, and in it refrained from calling any of the countries under review “currency manipulators.” Today’s People’s Daily had this to say : Major trading partners of the United States, including China, did not manipulate their currencies [...]