The Shanghai Stock Exchange Composite Index is down 5.31% year-to-date. Among the BRIC countries, Brazil, India and Russia are performing much better with India’s Sensex up by more than double digits YTD. The Chinese economy grew by only by 7.4% in third quarter this year which is lower by the country’s earlier growth figures. China has predicted …
Continue reading ‘Which Countries are Vulnerable To a China Slowdown?’ »
Here is a chart showing China’s top trader partners in 2010, the latest year for which data is available: Click to enlarge The U.S. was China’s top trader partner and was also the top export destination for China’s exports.Germany had more trade with China than Australia. China’s Top Export Destinations in 2010: China’s Top …
Until a few years ago Chinese stocks were hot and investors bid up the prices to astronomic levels. Then the party ended and most of these stocks came back to earth. In the U.S., most of the Chinese IPOs that were floated at the peak of the China craze have performed poorly. A few have …
Continue reading ‘The Dramatic Decline in Investors’ Interest for Chinese Stocks’ »
The New York Times published an expose last week on the wealth accumulated by the family of outgoing Chinese Prime minister Wen Jiabao. According to the article, Mr.Wen’s family and relatives control assets worth at least $2.7 billion. Though Mr.Wen comes from an extremely poor family many of his relatives have become very rich. Many other …
Continue reading ‘The Organizational Structure of the Chinese Communist Party’ »
The world’s total population was about 6.9 billion in 2011 out of which 1.3 billion people live in China. So about one in five people in the world are Chinese. But China’s population has been declining since the mid 1970s primarily due to the country’s One-Child Policy. According to one estimate, by 2050 India is …
Continue reading ‘China’s Share of Global Population vs. GDP, Oil Demand and Commodity Demand’ »