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

Category Archive: Trade

  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. 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 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
  5. 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
  6. MONEY SUPPLY AND ECONOMIC DATA WEEKLY WATCH (Part 2 – GDP and US competitiveness)" rel="bookmark">MONEY SUPPLY AND ECONOMIC DATA WEEKLY WATCH (Part 2 – GDP and US competitiveness)

    Gross Domes­tic Prod­uct Two num­bers from this week’s GDP release for Q2 2008 caught my eye, (i) exports were up 9.2% and (ii) imports were down 6.6%. For sev­eral months I have been dis­cussing improv­ing US global com­pet­i­tive­ness and the sec­ond quar­ter GDP release sup­ports my analy­sis. US exports are surg­ing and US firms are com­pet­ing […] [read full story]

    Posted in: China, Competitiveness, Exports, Finance, GDP, Imports, Inflation, Manufacturing, New York Times, Trade, US Steel