Archive for the ‘economy’ Category
Saturday, April 5th, 2008
I was playing with a title for my Abacus article for next month, and remembering Bob Dylan's statement that he tries to have a song for every occasion thought to name it "High Water Rising." I picked the song out on my iPod and discovered.
"High water rising, rising night and ...
Posted in economy, Bradley Gardner | No Comments »
Wednesday, April 2nd, 2008
The site is in Chinese, but here is the Wikipedia entry about it:
[On April 1, 2008], Google launches Manpower Search (谷歌人肉搜索) in China (google.cn). This new feature is powered by 25 million volunteers who do the searching around the clock. When the user entered a keyword, volunteers will search any ...
Posted in internet, economy, Bradley Gardner | No Comments »
Tuesday, April 1st, 2008
The RMB is tottering on the edge of 7 to the dollar, and it seems to be getting people fairly excited. While I don't exactly know how forex markets work to everyday tourist, my parents are being quoted rates of 6 to the dollar for their upcoming trip to China. ...
Posted in RMB, economy, Bradley Gardner | No Comments »
Tuesday, April 1st, 2008
Anyone living in China can’t fail to have noticed the sharp price increases in recent months. Zhang Hong has written a fascinating piece for our magazine this month – link to follow - on how the rising cost of living in Chinese cities has lead to a major shortage of ...
Posted in Consumer, Matthew Plowright, economy, cib | No Comments »
Wednesday, March 19th, 2008
I occasionally thank the lord that I'm not really competing with Chinese people for work
Tian Chengping, Minister of Labor and Social Security, said on March 9 that there are 24 million job-seekers in cities and towns every year, including the new additional urban workforce and the people carried over from ...
Posted in economy, Bradley Gardner | No Comments »
Monday, March 17th, 2008
Shanghai Composite Index: 3830 (against a high of 6,124)
Blackstone: 15.78 (against an IPO of 31)
The CEO of Blackstone received $350 million in compensation in 2007, because he is a hero of the new economy.
BGSHARETHIS.addEntry({ title: "The Sky is Falling!", url: "http://www.cibmagazine.com.cn/theyuanalsorises/index.php/2008/03/17/the-sky-is-falling/" });
Posted in Stock Market, economy, Bradley Gardner | No Comments »
Wednesday, March 12th, 2008
Interesting commentary from a Bloomberg News columnist about China's female shortage. It mentions a Goldman report that says that promoting the education, health, & general development of women in developing countries could actually help their economies. Our finance editor Bradley Gardner called my attention to the Goldman report last month while we were putting together ...
Posted in social issues, India, Eveline Chao, economy | No Comments »
Thursday, March 6th, 2008
Beer inflation has gone crazy where I live, with most restaurants I visit upping their costs 1 kuai, and my corner store raising prices from 2 to 2.5 kuai. This could lead to me going broke in the next few months...
BGSHARETHIS.addEntry({ title: "The cost of living...", url: "http://www.cibmagazine.com.cn/theyuanalsorises/index.php/2008/03/06/the-cost-of-living/" });
Posted in economy, Bradley Gardner | No Comments »
Tuesday, February 19th, 2008
Its times like this that I'm glad I work with Macro-economics:
A sudden spike in the demand for pet rodents, inspired by the start of the "Year of the Rat", has forced the price of hamsters up by as many as six times in China, state media reported Wednesday.
Prior to the ...
Posted in economy, Bradley Gardner | 1 Comment »
Saturday, February 2nd, 2008
A few quick sundry items:
1. I love this quote:
“The Chinese are probably the best capitalists that communism will ever have given birth to.”
That was said by one Michelle Applebaum, head of an independent steel equity research firm in Chicago, in a Feb. 2 New York Times article about Chinalco + ...
Posted in RMB, America, Eveline Chao, economy | No Comments »
