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

Category Archive: China

  1. Renminbi to Replace the Dollar as King of Currencies? Not Likely

    There is a lot of spec­u­la­tion that the dol­lar is los­ing ground to the Chi­nese ren­minbi and that sooner or later the Fed will share the global stage with Chi­nese mon­e­tary author­i­ties. Chi­nese gov­ern­ment offi­cials and Jere­miad west­ern eco­nomic fore­cast­ers who claim that the ren­minbi will replace the dol­lar as the world’s pre­mier cur­rency cer­tainly […] [read full story]

    Posted in: China, Economic Statistics, economy, Finance, M2, Monetary Policy, Money Supply, Public Policy, Seeking Alpha, Trade, Trade Finance
  2. $11 Trillion In Debt — Who Cares? – A Guest Post By James Sunshine

    OK…I confess…James Sun­shine is my son. He is a fresh­man at Emory Uni­ver­sity and wrote the below op/ed for the Emory Wheel. Of course I am very proud of his work. He says that he writes bet­ter than his Dad and that he is smarter. What do you think? He may be right!! As the national […] [read full story]

    Posted in: China, Economic Statistics, economy, Finance, Guest Blog, James Sunshine
  3. 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
  4. 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
  5. 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
  6. Sunshine’s Travel Log Blog – Day 5– The Land of Mao

    Around noon­time on Sun­day, I arrived in Bei­jing.  After check­ing into the hotel, I decided to get some lunch where I was given today’s edi­tion of China Daily, a.k.a., “The National Eng­lish Lan­guage News­pa­per,” estab­lished by the Com­mu­nist Party in the 1980’s.  Accord­ing to the China Daily web site, it is the most author­i­ta­tive and […] [read full story]

    Posted in: China, economy, Finance, Politics, Public Policy, Trade
  7. Sunshine’s Travel Log Blog: Day 1 – The 8% Mantra

    8% is the magic num­ber for China and every­one that I met today in Hong Kong knew it. Con­ven­tional wis­dom is that if the econ­omy grows by 8% in 2009 all will be well for the Peo­ples Repub­lic of China. The crash­ing export sec­tor won’t be a prob­lem. Tens of thou­sands of busi­ness fail­ures won’t […] [read full story]

    Posted in: BANKS, China, Economic Statistics, economy, Finance, Politics, Trade, Travel Log
  8. Sunshine’s Travel Log Blog: Day 0 – Off To Hong Kong

    I am trav­el­ing in Asia until Thurs­day, Jan­u­ary 22nd and while I am there Sun­shine Notes is con­vert­ing to the Sun­shine Travel Log Blog! When­ever pos­si­ble I will write about the trip. Some of the travel log blogs will relate to finance and busi­ness; while oth­ers will hope­fully just be fun. But, before we start the […] [read full story]

    Posted in: China, Economic Statistics, economy, Finance, Hong Kong, Politics, Travel Log