China's widening trade surplus in June will inevitably re-focus attention on the question of the overvalued yuan.
The renewed surplus looks particularly ill-timed, coming days after the U.S. Treasury agreed not to name China as a currency manipulator. But is Beijing really back to its old tricks of conjuring up $20 billion monthly trade surpluses?
Source:
http://www.marketwatch.com/story/what-do-chinas-slowing-imports-mean-2010-07-11
China's yuan hit a five-year peak on Monday after Beijing suddenly relaxed controls ahead of this weekend's G20 summit, sparking stock gains around the world and questions about just how far China's new currency flexibility would go.
1.Financial Warfare - protectionism, excess savings, managed exchange rates
2.Beijing consensus: neo-mercantilism can lead to outright financial warfare
3.Bernanke worried about deflation more than anything else
4.Money printing in US and Euro is inflationary - balances China deflationary forces
5.Gold does well in both inflation and deflation
Source:
http://jessescrossroadscafe.blogspot.com/2010/05/jim-rickards-on-king-world-news.html
While our lawmakers in Washington are stalling on a bipartisan climate/energy/jobs bill, Beijing is celebrating.
Source:
http://www.nytimes.com/2010/04/28/opinion/28friedman.html
As it struggles with its grave political issues, Nepal must also deal with the attempts of Beijing and New Delhi to gain an edge in the Himalayan nation
Source:
http://www.time.com/time/world/article/0,8599,1967859,00.html
Media freedom should be one legacy of Beijings Olympics.
Check it out here:
http://online.wsj.com/article/SB122368047325124731.html?mod=yahoo_buzz
