Labor shortage and improved opportunities for workers driving up wages China’s massive manufacturing base near the Eastern coast has been driven by cheap migrant labor from the western part of China.Most of the world’s major MNCs have set up manufacturing plants s in China taking advantage of the low labor costs and government support as […]

Asian countries are being forced to impose capital and currency controls as zero interest rates in Developed countries moves speculative money towards Asia.The Lehman Crisis in 2008 had led to a global risk aversion of all assets with capital flowing out of the Asian countries as all “risky assets” took a massive dive.But with Markets […]

China with its $2 Trillion Foreign Exchange Reserves is on the constant lookout for cheap assets around the world.With its massive horde of Dollars and Euros depreciating on a daily basis,the Chinese government is investing in Hard Assets in places like Africa,Venezuela etc.  who are  in desperate need of capital.It seems that China has found […]

China has again come under increasing pressure from the US to appreciate the yuan against the US Dollar removing the hard peg it has against the Dollar.The US Senate is also piling up the pressure against the Chinese by proposing sanctions such as import duties on Chinese imports.While the US Government had delayed any potential […]

Chinese  Cyber Attacks South Korea blamed Chinese sources for a Distributed Denial of Service (DDOS) attacks on its Government Websites.South Korea and North Korea have been on tenterhooks after South Korea found one of its warships sunk by a North Korean torpedo.China is a close ally of North Korea through Communist Party links and has […]

The G20 Meeting between the Financial Heads of the the G-20 Countries exposed the rift between the world’s 20 most important economies.The issue of fiscal deficits,exports and currencies were at the forefront of discussions .The sharpest difference was between US which wants Europe and other developed countries to increase domestic demand and the European countries […]