China Yuan Hits Fresh High on PBOC Guidance From THE Wall Street Journal China’s yuan rose against the U.S. dollar to a fresh high late Tuesday after the central bank guided the Chinese currency higher via a daily reference. On the over-the-counter market, the dollar was at CNY6.2223 around 0830 GMT, lower than Monday’s close [...]
Upgraded Pearls of Low Price Flow From China By Keith Bradsher, from The New York Times ZHUJI, China – One of the most feared men in the worldwide pearl industry these days is a muscular, Ferrari-driving 40-year-old who is doing the improbable: growing pearls that are nearing the highest quality and may be affordable for [...]
The world scene is becoming clearer as each year rolls by. The West (Europe and the USA) is infected with a parasitic- like economic and social disease. The masses of people in the West are becoming demoralized and confused. The social order of the West and its economic structure is weakening as an infiltration of [...]
Chinese judges are strict and efficient. If someone commits a serious crime, the punishment is simple: a bullet to the back of the head. No endless appears. No hand wringing in front of the courthouses. No prolonged delays. Boom! It’s over. The people of China like it that way. When they buy fish, they want [...]
Being a Meteorologist by military training, and being a Director of CEIFX.COM, a currency exchange corporation, I like the concept of FLURRIES. The word FLURRY evolved in 17th Century English as a combination of the words: FLUTTER and HURRY. If you have ever seen a bird flutter its wings, trying to escape a predator, or [...]
Their Moon Shot and Ours By THOMAS L. FRIEDMAN China is doing moon shots. Yes, that’s plural. When I say “moon shots” I mean big, multibillion-dollar, 25-year-horizon, game-changing investments. China has at least four going now: one is building a network of ultramodern airports; another is building a web of high-speed trains connecting major cities; [...]
The price of gold in recent years has been soaring, and many people who know nothing about investing are buying gold, primarily out of fear that the future will bring surprising shocks for the value of their paper money. Governments across the world, from Europe to China, are trying to solve their economic problems by [...]
GRAPH–CHINA’S HOLDINGS OF U.S. TREASURIES China’s Holdings of Treasuries Decline for First Time By Cordell Eddings and Daniel Kruger, from Bloomberg China, the largest foreign U.S. creditor, reduced itsholdings of U.S. government securities last year for the first time since the Treasury Department began compiling the data in 2001. The world’s second-largest economy held [...]
