China’s Hidden Unemployment Crisis

The reality is China’s official urban unemployment rate has long been a near-worthless measure. Even during the global financial crisis in 2009, when tens of millions of workers in China’s export factories lost their jobs, the official rate barely stirred, and it has been moving between just under 4 percent and 4.3 percent for most […]

Rate this:

China’s Slowdown Skins Gold And Oil

The wreckage caused by China’s great, juddering slowdown continues to spread far beyond the country’s shores. Although most commodities enjoyed a bounce on May 3, after better-than-expected U.S. employment data, the plunge in their prices over the past few months suggests the past decade’s rally is truly broken, Ruchir Sharma argues Read Here – Bloomberg

Rate this:

Coming: Lax Americana

Historian Arnold Toynbee likened America to a ”large, friendly dog in a very small room. Every time it wags its tail, it knocks over something.” More recent chroniclers have not been as charitable. They ascribe to the United States less innocence, and credit it with a more predatory outlook in its pursuit of global domination […]

Rate this:

Food Diplomacy – Cheeseburger Pizzas, Designer French Fries and a Post-war Cinnabon: Fast Food’s Booming Middle East Market

What few Americans knew is that the Arab World‘s love for Western-branded fast food is seemingly bottomless, to the extent that in the region’s wealthiest oil exporting countries, high-end fast food restaurants offering $US40 hamburgers and French fries can find a willing clientele. Even ubiquitous brands such as McDonald’s and Burger King can sell their […]

Rate this:

Falling Prices Of Companies In The West Due To Weak Economic Outlook Is Prompting Chinese Companies To Spread Their Acquisition Spree. Cause For Fear?

A PwC report said that Chinese investors continue the momentum of M&A activity across the world in 2012. In the first half, the volume of announced investments in company shares and acquisitions added up to $23.9 billion, trebling the number in the same period last year. The largest transaction was the purchase of the American theater […]

Rate this: