Archive for the ‘Finance’ Category
Wednesday, June 18th, 2008
I've never been able to understand why American newspapers can't get decent journalists covering China. Though I suspect sometimes that the problem is with the editors. Either way a recent joke of an article from the New York Times is a textbook example of how American papers can't seem to ...
Posted in Finance, economy, Bradley Gardner | No Comments »
Thursday, June 5th, 2008
I just discovered that the little shop I go to right outside the Russian embassy for cheap vodka and Western food is also an illegal currency exchange shop. Now I'm not saying that I did anything illegal, but I will say that they give fairly good rates (7 to the ...
Posted in Finance, Bradley Gardner | No Comments »
Tuesday, May 27th, 2008
I was at the China International Capital Market Forum last Saturday, an about 75% very interesting conference, with many speakers who I've wanted to hear speak for a long time (I thought I liked Louis Kuijs, the head economist for the World Bank in Beijing, the best, but then I ...
Posted in Finance, Bradley Gardner | No Comments »
Friday, May 16th, 2008
The economist has an excellent article this week that touches on the myriad problems in the Chinese financial sector:
Hank Paulson, America's treasury secretary, was not just talking America's book when he said that opening the Chinese financial system is “absolutely necessary” for China's own long-term economic success. It would not ...
Posted in Finance, Bradley Gardner | 1 Comment »
Monday, February 18th, 2008
I know that's a glamourous title for a post that is essentially just me bitching. I spent 3 hours trying to buy a Palm TX this weekend. I was eventually successful, but the adventure led to my credit card being frozen. I'm now trying to manage the time difference and calling ...
Posted in Finance, Bradley Gardner | No Comments »
Monday, January 28th, 2008
So I was at the China Securities Conference last month, in the lovely Hongqiao suburb of Shanghai. It was the first time I had been to Shanghai and run across a large selection of dirty corner noodle shops (I find Shanghai annoyingly clean), and about 2 small brothels on every ...
Posted in Finance, Stock Market, economy, Bradley Gardner | No Comments »
Wednesday, January 23rd, 2008
I've been at the 2008 China Securities Conference for the past few days, the first day of which correlated with a 7% drop in the market, and the second day of which a majority of the attendants were mysteriously missing. The conference was amazingly interesting, and everyone seemed to be getting ...
Posted in Finance, Bradley Gardner | No Comments »
Wednesday, January 16th, 2008
Interesting article in the Wall Street Journal about China Development Bank not buying into Citigroup. No one is quite sure why at this point that Morgan Stanley is in and Citigroup out, but the article does sum up the hair brained and not so hair brained reaction to Chinese currency ...
Posted in Finance, Bradley Gardner | No Comments »
Tuesday, January 15th, 2008
So I don't know how many of our readers have figured this out at this point, but I'm a dork about Central Banking. So with a likely change at the helm of the PBOC coming up in the next few month I can't help but be on edge.
Today I read ...
Posted in Finance, economy, Bradley Gardner | No Comments »
Tuesday, January 8th, 2008
Victor Shih tries to answer the elusive question: how does Chinese monetary policy work?
Factions and Finance in China, though an academic work both in price (USD 85) and structure (it was based on Northwestern University professor Victor Shih’s doctoral dissertation), reads like a soap opera.
Shih argues that the peculiar nature ...
Posted in Book Review, Finance, economy, Bradley Gardner | 3 Comments »
