Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Category Archive: Asia

  1. China Economic Growth Claims Lack Credibility

    On April 16th the China National Bureau of Sta­tis­tics (the “NBS”) announced with great fan­fare that the Chi­nese econ­omy was spe­cial because even in the face of an emerg­ing global depres­sion China was able to con­tinue to grow at a rapid pace in the first quar­ter of 2008. Accord­ing to Chi­nese offi­cials, the head­line Chi­nese […] [read full story]

    Posted in: Asia, China, Finance, GDP, Politics
  2. Be Careful What You Wish For –Chinese Currency Revaluation May Hurt America

    There is mount­ing evi­dence that a freely float­ing Chi­nese cur­rency will actu­ally drop in value and make Chi­nese exports cheaper. In his con­fir­ma­tion hear­ings, Tim Gei­th­ner espoused the U.S. “Con­ven­tional Wis­dom” that China is an unfair trade com­peti­tor because it manip­u­lates its cur­rency down in value so that its exports are arti­fi­cially cheap. The Con­ven­tional […] [read full story]

    Posted in: Asia, China, economy, Finance, Manufacturing, Politics, Public Policy, Timothy Geithner, Trade
  3. Sunshine’s Travel Log Blog — The Chinese Economic Miracle May Be Unraveling

      The Chi­nese eco­nomic mir­a­cle appears to be unrav­el­ing at an alarm­ing and accel­er­at­ing pace. In just 30 years, China was able to trans­form its econ­omy from a Marx­ist bas­ket case to a global man­u­fac­tur­ing pow­er­house. But recent reports of mas­sive plant clos­ings, sky­rock­et­ing unem­ploy­ment, plung­ing exports and grow­ing social unrest are rais­ing seri­ous ques­tions about […] [read full story]

    Posted in: Asia, China, economy, Finance, Politics, Trade, Trade Finance, Travel Log
  4. Sunshine’s Travel Log Blog – Day 6 and 7, Humans for export!

    The next stop on my trek through Asia was to The Philip­pines. First Cap­i­tal has a grow­ing and vibrant office in Manila that does var­i­ous account­ing and trans­ac­tion pro­cess­ing func­tions for the rest of the com­pany. Sur­pris­ingly, the largest export prod­uct for The Philip­pines is humans. The export of young and tal­ented work­ers who send […] [read full story]

    Posted in: Asia, economy, Finance, Politics, The Philippines, Travel Log