BREAKING NEWS: Less than a week after it was rejected in Europe, Chinese Central Bank governor Zhou Xiaochuan’s controversial proposal for a new global reserve currency has apparently been accepted by the UN.
According to the Sunday Telegraph on March 29, 2009, “A United Nations panel of economists has proposed a new global currency reserve that [...]
Can hyperinflation happen in the U.S.? You bet it can! Will it happen? Depends on what else goes on behind closed doors at the upcoming G20 meeting in London on April 2.
An increasing number of media institutions are reporting on the explicit possibility of hyperinflation in the USA: MSNBC; Global Research; ShadowStats; Economic Populist; Democratic [...]
Here it is, folks. China’s Central Bank officially asking to bump the greenback from the world currency reserve. Yes. It’s for real. So far the EU has rejected the call. But the communique was written, in an unprecedented move, in both Chinese and English so the world community could understand it (or at least, [...]
According to Robert Hsu’s latest email report, China’s sovereign wealth fund has decided to cut its investments to the US.
He says that “the $200 billion China had earmarked for overseas investments will now be plowed back into China Banks… the nation also plans to spend another $586 billion on new highways and railroads.”
But can [...]
Robert Hsu’s ChinaProfitStrategy Recommendations
November 17, 2008
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0 comments
in
China
,
books
Some of you may already know Robert Hsu, whose book on investing in China came out earlier this year. You can read a review of it that I wrote - just click on the “books” link in the top right and then check out my post on the books I’ve read since January.
Well, Robert Hsu [...]
I’d forgotten about the Migao Corporation (TSX: MGO) several posts back when I wrote about junior Canadian potash plays (see related posts, below).
Migao was once (prior to 2006) a private, wholly-Chinese owned company, but then became a Canadian, China-based company traded on the Toronto Stock Exchange in May 2006. It has offices in Toronto [...]
All About China’s Economy
July 25, 2008
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2 comments
in
China
,
international economy
Here’s a great resource all about China’s economy. If you’re interested in investing in China you might as well study from people who live, work, or do business directly with China. The China Economics Blog is chock-full of resources and insights - not just on basic economic matters, but other issues relating to living, working [...]