Tag Archives: China

Exchange Rate of Chinese Yuan and Inflation in China

By Hui Zhong We all know the living standard in China, denoted by increased incomes and savings, is quickly diluted by its high inflation, especially for the food prices.  The inflation is always associated with over printing by the Chinese Central Bank.  But … Continue reading

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Food Prices in China

The data of the following Table listing the food prices in China comes from National Bureau Of Statistics of China.  Remember food prices in China occupy 31.4% of its CPI.  1 U.S. Dollar = 6.6 Chinese Yuan

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SHIBOR: We Have A BIG Liquidity Problem

Submitted by Tyler Durden from Zerohedge.com on 01/21/2011 12:50 -0500 When two weeks ago we first pointed out the surging Chinese weekly SHIBOR (following up on comparable observations from last summer) it prompted a variety of bemused responses, the bulk of which … Continue reading

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Why Chinese Mothers Are Superior

By AMY CHUA from The Wall Street Journal A lot of people wonder how Chinese parents raise such stereotypically successful kids. They wonder what these parents do to produce so many math whizzes and music prodigies, what it’s like inside the family, … Continue reading

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Feeling blue within China’s red-hot economy

By Jaime FlorCruz, CNN December 30, 2010 9:43 p.m. EST Skyrocketing food and housing prices have topped concerns for both urban and rural residents. Beijing, China (CNN) — Can money buy happiness? Apparently, not for millions of Chinese, including those … Continue reading

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Andy Xie: Either America Or China Will Crash In 2011

Gus Lubin | Dec. 27, 2010, 9:25 AM From BusinessInsider.com Andy Xie’s latest sees the liquidity war getting worse in 2011. America will continue to pump the financial system with liquidity via tax cuts and quantitative easing. China will keep … Continue reading

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High Test Scores, Low Ability

Updated December 3, 2010, 01:45 PM From New York Times Yong Zhao is the University Distinguished Professor in the College of Education at Michigan State University. The author of “Catching Up or Leading the Way: American Education in the Age … Continue reading

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2015-2020 对美国赶超态势,轮廓非常显明

新加坡《联合早报》文章 原题:认清五年大变局 美国“纽约经济咨商理事会”近日公布研究结果称,按照购买力平价计算,中国大陆两年后就将超越美国,成为世界最大的经济体。渣打银行也在这几天公布 了最新研究,称10年内按照名义价格计算的中国国内生产总值将成为世界第一。两年前,中国“不无可能”在2040年赶超美国,还是国际舆论的主流意见,现 在这个迷思似乎受到愈来愈激烈的质疑。 一个月前,美国著名记者扎卡利亚在《时代周刊》谈论中国的冲击时,提及诺贝尔经济学奖得主弗格尔的一篇研究。该研究指出,2040年中国的经济规模可能占世界的4成,达到123万亿美元。

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What’s Next for China After Saving the World?

New York Times By ALAN WHEATLEY, On Tuesday November 9, 2010, 3:40 am EST   BEIJING — The giant fiscal stimulus and bank lending spree that China started two years ago saved the world from recession. What can Beijing do … Continue reading

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Why 21st Century is China’s Century

By Hui Zhong China in 2010 is the United States in 1910 while the U.S. in 2010 is the Great Britain in 1910.  China led the world in its civilization in most time of  the past 2000 years.  And the … Continue reading

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China Wrests Supercomputer Title From U.S.

New York Times By ASHLEE VANCE Published: October 28, 2010 A Chinese scientific research center has built the fastest supercomputer ever made, replacing the United States as maker of the swiftest machine, and giving China bragging rights as a technology … Continue reading

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嫦娥二号发射 The Chang’e II Satellite [Simulation][HQ]

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