China

China demands US explanation on NSA cyber-spying reports

Monday, March 24, 2014
By Paul Martin

Voiceofrussia.com 24 March 2014 Beijing demanded an explanation from Washington Monday over reports that the US National Security Agency (NSA) had spied on Chinese ministries, banks and other companies. “These activities must stop,” said Foreign Ministry spokesman Hong Lei. Reports which appeared in German magazine Der Spiegel over the weekend said the NSA had... »

What China Is Doing In The Gold Market Will Shock The World

Sunday, March 23, 2014
By Paul Martin

KingWorldNews.com March 23, 2014 With concerns developing about China’s activity in the gold market, today James Turk told King World News that investors should not worry about misinformation being passed around about China’s activities in gold. Turk wanted to set the record straight so that investors are not left wondering about the real motives... »

Copper & Yuan Tumble As China Manufacturing PMI Drops To Lowest In 8 Months, Output Plunges

Sunday, March 23, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/23/2014 HSBC’s Flash China Manufacturing PMI printed at 48.1 (against a hope-strewn 48.7 bounce expectation). This is the lowest in 8 months and among the lowest prints since Lehman. Even the usually silver-lining-seeing HSBC Chief economist had little positive to add, “weakness is broad-based with domestic demand softening further.” Early... »

Will China Choose Russia or America in the Coming War?

Friday, March 21, 2014
By Paul Martin

Dave Hodges March 21, 2014 The Common Sense Show When war breaks out between the United States and Russia, which side will China support? Make no mistake about it, China is the 800 pound gorilla in the room that cannot be ignored. Whomever, the Chinese throw their support behind in the upcoming war between... »

Petrodollar Alert: Putin Prepares To Announce “Holy Grail” Gas Deal With China

Friday, March 21, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/21/2014 While Europe is furiously scrambling to find alternative sources of energy should Gazprom pull the plug on natgas exports to Germany and Europe (the imminent surge in Ukraine gas prices by 40% is probably the best indication of what the outcome would be), Russia is preparing the announcement of... »

New Zealand Joins China, Drops Bombshell On US Dollar In New Direct Trade Agreement!

Thursday, March 20, 2014
By Paul Martin

By Live Free or Die BeforeItsNews.com Thursday, March 20, 2014 The country of New Zealand has dropped the latest bombshell on the US dollar as shared in this video by announcing that they will begin trading directly with China in another blow to the status of the US dollar as the world’s reserve currency.... »

Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt

Thursday, March 20, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/20/2014 When we started discussing the upcoming onslaught of corporate defaults in “Minsky Moment” China, now that the bankruptcy seal has been broken, we warned that the worst is about to come. Well, it’s coming. Overnight, Hong Kong’s The Standard reported that in addition to the solar, coal and real-estate... »

The Music Just Ended: “Wealthy” Chinese Are Liquidating Offshore Luxury Homes In Scramble For Cash

Wednesday, March 19, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/19/2014 One of the primary drivers of the real estate bubble in the past several years, particularly in the ultra-luxury segment, were megawealthy Chinese buyers, seeking to park their cash into the safety of offshore real estate where it was deemed inaccessible to mainland regulators and overseers, tracking just where... »

China’s “Minsky Moment” Is Here, Morgan Stanley Finds

Wednesday, March 19, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 3/19/2014 “It is clear to us that speculative and Ponzi finance dominate China’s economy at this stage. The question is when and how the system’s current instability resolves itself. The Minsky Moment refers to the moment at which a credit boom driven by speculative and Ponzi borrowers begins to unwind.... »

Marc Faber Warns China’s Credit Crisis Unwind ‘Will Be a Disaster’

Tuesday, March 18, 2014
By Paul Martin

Market Oracle Mar 18, 2014 Marc Faber, publisher of the Gloom, Boom & Doom Report, appeared on Bloomberg Television today to discuss the state of the Chinese economy. Faber told Trish Regan and Matt Miller “I think that we had a colossal credit bubble in China and that this credit bubble is now being... »