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<  Non-Yao stuff  ~  On the Economic Front

pryuen
Posted: Fri Jul 06, 2012 7:07 pm Reply with quote
Joined: 25 Feb 2003 Posts: 46868 Location: Hong Kong/China
Dr. No wrote:
dumb and dumber---acute pretenders---at play Rolling Eyes


YEAH just continue to throw nonsensical spam/insults around to conceal the FACT that you have NO FVCKING CLUE on the DIFFERENCE between currency manipulation versus LIBOR manipulation.

You're ABSOLUTELY BRAIN-DEAD 脑残 to assume the two are the SAME !!!!! Rolling Eyes
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buzzku
Posted: Fri Jul 06, 2012 7:56 pm Reply with quote
Joined: 02 Nov 2005 Posts: 666
pryuen i remember u tallied the percentage of drnos posts that are personal attacks
what is ur percentge im interestied i need to learn from u
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temuchin
Posted: Sat Jul 07, 2012 5:22 am Reply with quote
Joined: 01 Apr 2004 Posts: 7899
buzzkill no one knows but I can inform you that 100 percent of your posts are trying to grope Pryuen on the internet.

I got a lot more stats too

including

1) how many hours you've spent looking for Pryuen's wife's photo

2) what percent of a given day you spend fantasizing about your ice cream date with pryuen

3) how many minutes in an hour you spend waiting for pryuen to reply to you etc

is this something that interesties you and you need to learn

i'm really curious hit me back
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Dr. No
Posted: Sat Jul 07, 2012 7:17 am Reply with quote
Joined: 22 Jul 2005 Posts: 6498
pryuen / Yaorule wrote:
ABSOLUTELY BRAIN-DEAD 脑 残
an apt self-description of Yaorule / PRY
  • predicted the failure of QE2 because such economic policies have never been implemented before
    • only to contradict that position by asserting that the QE2 is a copycat job of Milton Friedman's ideas Embarassed Laughing Laughing Laughing Embarassed
  • conveniently fingered QE2 (a US policy) as the cause of the high cost of living in a backward city in So China Laughing Laughing Laughing
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pryuen
Posted: Sat Jul 07, 2012 4:51 pm Reply with quote
Joined: 25 Feb 2003 Posts: 46868 Location: Hong Kong/China
Dr. No wrote:
pryuen / Yaorule wrote:
ABSOLUTELY BRAIN-DEAD 脑 残


an apt self-description of Yaorule / PRY

  • predicted the failure of QE2 because such economic policies have never been implemented before

    • only to contradict that position by asserting that the QE2 is a copycat job of Milton Friedman's ideas Embarassed Laughing Laughing Laughing Embarassed


  • conveniently fingered QE2 (a US policy) as the cause of the high cost of living in a backward city in So China Laughing Laughing Laughing



Douchebag

DON'T GO OFF ON A TANGENT !!! Twisted Evil

EXPLAIN in your OWN WORDS WHY
you think currency manipulation is the SAME as LIBOR manipulation, when ANYONE that has common sense and basic economics knowledge will know they are TOTALLY 2 FVCKING DIFFERENT THINGS/CONCEPTS !!!! Rolling Eyes
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Dr. No
Posted: Fri Aug 03, 2012 7:56 am Reply with quote
Joined: 22 Jul 2005 Posts: 6498
A building binge fueled by boom times has led to a glut of ships as China's economy slows down.
    China's expansion of the sector has only compounded the problem.
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Dr. No
Posted: Thu Aug 09, 2012 7:13 am Reply with quote
Joined: 22 Jul 2005 Posts: 6498
China and Its Taiwan Province sign landmark investment pact as protesters rage



By Amber Wang | AFP
Quote:
China and Taiwan signed a landmark investment pact on Thursday as hundreds of protesters voiced their anger over the island's ever closer economic ties with its giant former foe.

China's chief negotiator Chen Yunlin and his Taiwanese counterpart Chiang Pin-kung put their names to the long-awaited deal, which will provide a legal umbrella for Taiwan companies in China.

"The agreement will have a beneficial impact on all businesses and will improve the investment environment," Chiang said earlier in the day.

"It will help boost the competitiveness for both sides amidst growing globalisation and regional cooperation."

The agreement includes safeguards against sudden expropriation of property and also gives individual investors some protection in the case of legal trouble with authorities.

Chen and Chiang also signed a cooperation pact to speed up customs procedures in the hope of boosting two-way trade.

The two deals follow the sweeping 2010 Economic Cooperation Framework Agreement (ECFA) that eased tariff restrictions and gave trade a major push.

But those opposed closer ties with China fear the pacts will strengthen Beijing's hold over the island, and protesters have been tailing Chen since his arrival on Wednesday.

Police estimated close to 700 protesters had gathered in the streets of Taipei, including several hundred members of the Falungong spiritual movement, which has been banned in China for more than 12 years.

About 1,300 police officers were posted around the meeting venue, a landmark hotel on a hill overlooking Taipei.

Barbed wire was rolled out, and police prevented a small truck covered in anti-China banners from approaching the building.

"I oppose the deals because China is trying to control Taiwan's economy so it can rule Taiwan," said protester Chen Che, demonstrating with about 50 others at a museum several hundred metres (yards) from the hotel.

"The deals have political purposes and they are steps towards unification. I'm worried about Taiwan's future if the government sells out to China like this. Without democracy we have nothing."

A spokeswoman for the pro-independence Taiwan Solidarity Union party said earlier this week that China had not respected any of the pacts it had signed so far and questioned why more agreements were being made.

Taiwan and China split in 1949 at the end of a civil war, and remained implacable enemies for decades, even after the island's businesses started exploring opportunities across the strait.

Ties have improved markedly since Ma Ying-jeou became Taiwan's president in 2008 on a Beijing-friendly platform, leading to the signing of 18 agreements, including Thursday's, between the two sides to boost trade and civil exchanges.

China is Taiwan's largest trade partner, and more than 80,000 Taiwanese companies now operate on the mainland, where they have invested more than $100 billion over the years.

It is the eighth time in four years that Chen and Chiang have met for talks that would have been unthinkable a decade ago but have now become almost routine.

Thursday's meeting could be their last, with observers expecting the 70-year-old Chen to retire after a change of leadership in Beijing this year and next.
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Malorkayel
Posted: Thu Aug 09, 2012 7:17 am Reply with quote
Joined: 14 Nov 2003 Posts: 8882
Dr. No wrote:
China and Its Taiwan Province sign landmark investment pact as protesters rage



By Amber Wang | AFP
Quote:
China and Taiwan signed a landmark investment pact on Thursday as hundreds of protesters voiced their anger over the island's ever closer economic ties with its giant former foe.

China's chief negotiator Chen Yunlin and his Taiwanese counterpart Chiang Pin-kung put their names to the long-awaited deal, which will provide a legal umbrella for Taiwan companies in China.

"The agreement will have a beneficial impact on all businesses and will improve the investment environment," Chiang said earlier in the day.

"It will help boost the competitiveness for both sides amidst growing globalisation and regional cooperation."

The agreement includes safeguards against sudden expropriation of property and also gives individual investors some protection in the case of legal trouble with authorities.

Chen and Chiang also signed a cooperation pact to speed up customs procedures in the hope of boosting two-way trade.

The two deals follow the sweeping 2010 Economic Cooperation Framework Agreement (ECFA) that eased tariff restrictions and gave trade a major push.

But those opposed closer ties with China fear the pacts will strengthen Beijing's hold over the island, and protesters have been tailing Chen since his arrival on Wednesday.

Police estimated close to 700 protesters had gathered in the streets of Taipei, including several hundred members of the Falungong spiritual movement, which has been banned in China for more than 12 years.

About 1,300 police officers were posted around the meeting venue, a landmark hotel on a hill overlooking Taipei.

Barbed wire was rolled out, and police prevented a small truck covered in anti-China banners from approaching the building.

"I oppose the deals because China is trying to control Taiwan's economy so it can rule Taiwan," said protester Chen Che, demonstrating with about 50 others at a museum several hundred metres (yards) from the hotel.

"The deals have political purposes and they are steps towards unification. I'm worried about Taiwan's future if the government sells out to China like this. Without democracy we have nothing."

A spokeswoman for the pro-independence Taiwan Solidarity Union party said earlier this week that China had not respected any of the pacts it had signed so far and questioned why more agreements were being made.

Taiwan and China split in 1949 at the end of a civil war, and remained implacable enemies for decades, even after the island's businesses started exploring opportunities across the strait.

Ties have improved markedly since Ma Ying-jeou became Taiwan's president in 2008 on a Beijing-friendly platform, leading to the signing of 18 agreements, including Thursday's, between the two sides to boost trade and civil exchanges.

China is Taiwan's largest trade partner, and more than 80,000 Taiwanese companies now operate on the mainland, where they have invested more than $100 billion over the years.

It is the eighth time in four years that Chen and Chiang have met for talks that would have been unthinkable a decade ago but have now become almost routine.

Thursday's meeting could be their last, with observers expecting the 70-year-old Chen to retire after a change of leadership in Beijing this year and next.


So, how pissed are the Chinese and Taiwanese really? I thought this is business as usual.
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Dr. No
Posted: Thu Aug 16, 2012 3:39 am Reply with quote
Joined: 22 Jul 2005 Posts: 6498


Quote:
A report, released by Knight Frank and Citi Private Wealth, estimates that Singapore’s GDP per capita – at US$56,532 in 2010, measured by purchasing power parity – is the highest in the world, topping Norway (US$51, 226), the US (US$45, 511) and Hong Kong (US$45, 301).
    The report also predicts that Singapore will hold its place as the world’s most affluent country in 2050 (by GDP per capita), followed closely by Hong Kong, Taiwan and South Korea who will displace Norway and Switzerland as the world’s richest places.

This figure is no doubt bolstered by the staggering number of millionaires in the city-state, which Knight Frank and Citi Private Wealth predict will only keep growing. According to their estimates, Singapore will see a 67% increase in centa-millionaires over the next four years – an über-wealthy class with over US$100 million in disposable wealth. Earlier reports, like the Boston Consulting Group’s Wealth Report released in June, said Singapore has the highest percentage of millionaire households in the world, a title the city-state has held on to for two years running.

Singapore is not the lone beneficiary of Southeast Asia’s wealth explosion, and according to the report the number of people in the entire region with more than US$100 million in disposable assets (excluding property, for example) has increased by 80% in the past five years. Between 2010 and 2011, the number of these centa-millionaires grew 13% — higher than the global average at 6% — and will grow by 44% by 2016. Correspondingly, some Southeast Asian cities have seen property prices increase significantly in the past year, including the Indonesian island of Bali where property prices increased 15% and Jakarta, where they increased by 14.3%.

There are now 18, 000 people with US$100 million or more in disposable assets in Southeast Asia, China and Japan, according to Knight Frank’s estimates – more than North America, which has 17, 000, and Western Europe with 14, 000.

......

In the next 10 years, according to the report, Shanghai will be the fourth-most important city for the world’s wealthy with the “relative anonymity of… secondary cities” like Chongqing and Dalian likely to change in the near future, evidenced by an explosion of a luxury goods market in cities that are not yet on the map of the world’s wealthy.
.”
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Dr. No
Posted: Sat Aug 25, 2012 8:09 am Reply with quote
Joined: 22 Jul 2005 Posts: 6498

Chinese firms see bargains in the U.S., as well as opportunities for technological gain and expanded reach.

Los Angeles Times wrote:
BEIJING — Facing a sharp economic slowdown at home, Chinese companies are plowing money into U.S. assets at a record pace, making huge bids for American energy, aviation, entertainment and other businesses.

The increase in investment, already at least $8 billion this year, comes despite lingering American anxieties about potential breaches of national security and loss of technology to the powerful Asian competitor.

With U.S. real estate prices depressed and many firms in the West starved for cash, the Chinese see a prime opportunity to rummage through the bargain bins of rich countries to gain technological know-how and international reach.

They're also hedging against rising costs and uncertainties inside China. The world's second-largest economy is struggling with its slowest growth rate since the financial crisis in 2008.

"The Chinese growth model is changing fundamentally," said Thilo Hanemann, research director for the New York-based Rhodium Group, which tracks Chinese direct investment.

"Chinese companies need to escape the profit squeeze in low-end manufacturing and move up and down the value chain. Expanding investment in developed economies is an essential part of that," Hanemann said.

In April, China Petrochemical Corp, also known as Sinopec, closed a $2.5-billion deal to buy a one-third stake in Devon Energy Corp. of Oklahoma City.

Conglomerate Dalian Wanda Group paid $2.6 billion this year for the heavily indebted AMC Entertainment, one of the largest movie theater chains in North America. The deal gives Wanda a foothold in the U.S. entertainment industry and a chance to gain expertise in the day-to-day operations of movie theaters.

Just this month, Chinese auto parts giant Wanxiang Group Corp. announced plans to provide a $465-million rescue package for struggling battery maker A123 Systems Inc., based in Waltham, Mass. The agreement gives Wanxiang, one of China's biggest private companies, a chance to buy a majority stake in a world-class battery developer for electric cars.


Los Angeles Times wrote:
Although China has tight capital controls, that nation's government officials want companies to go after new technologies and diversify their markets.

"The Chinese government has given an implicit green light to reach overseas to secure assets that will help Chinese businesses thrive in the long term," said David Wolf, the Beijing-based head of the Wolf Group Asia consulting firm.

That's worrying some Washington officials, who fear that the United States is selling off valuable assets to the Chinese, ultimately at the expense of American jobs.
    Compared with Japan and other economic powers, China's foreign investment is still relatively modest. With global holdings estimated at $364 billion, China is on par with Ireland or Sweden, according to the research firm Rhodium Group.

    Although China tops the list of nations holding U.S. Treasury bonds and other so-called liquid assets, it accounts for only about 3% of all foreign investment into the U.S., the world's No. 1 recipient of such investments, according to Commerce Department figures. In 2010, foreign direct investment into the U.S. totaled $194 billion — 84% of which came from six European countries, Japan and Canada.
Still, the Asia Society estimates Chinese overseas investment will climb to $1 trillion by 2020, presenting a major opportunity for foreign markets.

One Chinese company looking to increase its American presence is Xinjiang Goldwind Science and Technology Co., China's second-largest wind turbine maker. The company has invested more than $200 million in U.S. wind farms in Illinois and Montana.

"This is a strategy of globalization for Goldwind," said Tim Rosenzweig, chief executive of Goldwind USA. "If you can enter the U.S. and compete ... that means you're a global player."
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