China has been called the “savior” of the world’s economy as its massive $586 billion Government Stimulus and Easy Money policies sustained over 10% GDP growth in 2009 even as the world GDP was contracting for the first time in recent history.However China’s huge stimulus has created problems of inflation and asset bubbles which threaten […]
The spectacular growth in Asian economies like China,South Korea,HK,Taiwan over the last two decades has raised millions from poverty to a middle class life.This has led to increasing education levels among the new generation of Asians.Parents have poured a large part of their earnings into children education which was seen as a ticket to a […]
The Greek Contagion continues to negatively affect the world markets and the Euro.Despite a short covering rally in the Euro last week,it has not managed to hold the level and has continued its renewed slide.The Contagion Chronology of the European crisis makes for interesting reading.Asian markets which had not fallen much except for China also […]
The sharp appreciation of the yuan against the Euro and the other currencies would make China think of depreciating the yuan against the dollar rather than expectations of appreciation by most non-Chinese Countries.The 15% Euro depreciation due to the Greek Contagion has had a devastating effect on low margin Chinese companies which run on paper […]
The Euro’s rapid 15% decline against the Euro has had an important side effect against the Yuan which is pegged to the dollar.While currencies around the world are depreciating against the dollar due to “safe haven” trade,the yuan remains immune,due to its peg to the dollar.Europe is China’s biggest export market throwing a number of […]
Technology has consolidated around 5-10 big players around the world who are gobbling up smaller companies and using their huge cash hoards to outspend the competition.Nothing reflects this better than Samsung’s massive capital spending plan this year.With a dominant share in the memory and LCD markets , Samsung with its huge capex spend this year […]