China’s Electronics device consumption keeps growing relatively to Worldwide use. The usage of PC, wireless device and handsets have grown in particularly high speed.
中国电子消费占全球总消费的比重逐年递增，其中无线类产品，电脑和手机的增长尤其迅猛。
Archive for March, 2010
China Investment Corp is one of the country’s biggest SWF with a mandate to diversify the huge foreign reserve (See Article from Chinatells). Recently a so called CIC 2.0 has been approved by the central government (See Article from FT). The CIC 2.0 will consist of at least 20 State owned enterprises with an aim to make them profitable. The main focus of CIC 2.0 will be limited within China domestically.
中投公司作为中国政府经营的国际投资公司在国际资本市场上呼风唤雨经常制造头条新闻。近来，中投二号已经被批准，很可能在近期挂牌经营。中投二号至少会由二十家国营企业组成，主要面向国内投资机会，目标是提高国有企业的效率。
China’s GDP growth has been continually criticized on the over dependency on Investment (See Graph from Chinatells). Naturally, the next question is: whether such a growth mode is sustainable. Read the rest of this entry »
Despite the one-child policy, China’s population continues to grow. Meanwhile, rapid urbanisation threatens a reduction in the country’s cropland. Brown points out that a massive switch from the traditional Maoist policy of self-sufficiency in grain to a strategy involving large-scale food imports would tip the balance in world food markets. This short study raises more questions than it answers, but, as the title says, its function is to wake us up to the problem, and it certainly does just that.
China’s development is imperilled by environmental degradation and the reckless waste of natural resources. Smil’s second book on this subject examines the cost in terms of damage to the environment of the country’s rapid industrialisation, concentrating mainly on the implications of the huge increase in energy required for the process and on the problem of food security. The dismal prospect he sketches is one of continuing environmental deterioration in the first decade of this century, regardless of any action taken to prevent that happening, but Smil does suggest long-term actions which could prevent an even greater catastrophe in later years.
Property Price in China, particularly in the first tier cities, had a rampant jump in 2009 (See Chart from Chinatells). Increasing number of people are starting to be discontent with the more and more unaffordable housing price (See Article from Economist). One of the numerous suggestions to curb the housing price hike is to levy a property tax on all the houses. Such tax is expected to limit the speculative motivation to own more apartments than one’s need, as the property tax need to be paid every year over the life of the property. I think in principal it is a good idea, and also proved to be effective in some other countries. However, whether a good policy works toward the desired impact not only depends on its starting point, but also depends on the execution and details, which would be more challenging to qualify in the context of China property. Read the rest of this entry »
In our survey titled ‘Secrets of China’s growth’, we asked the question ‘What do you think is the biggest challenge for China’s economic growth?’. Among the well diversified answers, we spot the following findings: Read the rest of this entry »
Since Nov 2009, we have conducted a survey called ‘Secrets for China’s Growth’. So far the response is pleasing and below are the findings. Read the rest of this entry »
Among the top ten World Steel producers in 2009, five are coming from China, according to the latest stats. Arcelor Mittal, the steel group based in Luxemberg, Read the rest of this entry »
China’s CPI in Feb went up 2.7% y-o-y, according to the latest release from Bureau of Statistics (See Article from Xinhuanet). CPI is a gauge of inflation commonly used by most countries. Read the rest of this entry »
Above is a short summary to the Survey: Is there a bubble in China property.
81% of the respondents think that there is a bubble forming in China’s property sector. Read the rest of this entry »
Successful Stock Trading
Mar 11
Is Stock Trading For You?
I have my reasons for stock market trading. You may hear them and say to yourself “wow, that’s me”. or you may think “naa, Id rather spend my money on something else”. So, it is not for everyone.
If the following qualities apply to you, it may be a perfect fit.
Stock market trading is a risky game to get into. However, with risk comes reward. Stock trading is also extremely fulfilling in many ways. A few of which I will discuss with you right now.
Obviously since I chose to make a site about stock trading, it is one of my great passions. So as you may have guessed, I don’t mind the risk. Read the rest of this entry »
According to the vice governor of People’s Bank of China, Mr. Yi Gang, the return on Gold in the last 30 years is not that great and China will be cautious to increase the holding of Gold (See Article from WSJ). There are large speculations that China is considering reducing the investment in US treasury and convert part of it to Gold. Given the limited amount of tradable gold on the market, however, any significant move from China on back of its record Foreign Reserve will result in a surge of Gold price almost for certain. For the moment China holds about 1054 metric tons of gold, which represents about 1.6% of China’s total Reserve (See Graph from Chinatells).
近年来市场经常猜测中国政府会主动增持黄金，用来替代逐渐减少的美国国债。跟美元或者国债相比，黄金的生产不是美国政府能够随便控制的，因此其价值应该更趋稳定。但是增持黄金也有不少实际的难处。 Read the rest of this entry »
De-leverage is the word of fashion in 2009: according to most leading economists, the world is entering a lengthy period of de-leveraging. The main reason is that the leveraging has gone out of wire prior to 2008, when the financial crisis hit the world. Read the rest of this entry »
China’s Debt Level has increased dramatically since SH of 2008 following the global financial crisis. A horizontal comparison among the peers, however, shows that China’s debt level is modest at an international level. Read the rest of this entry »
A comparison between the revenue source of China and US’s local governments illustrates some interesting points: 1) China government is more reliant on Inter-government funds transfer, which is mainly the fund from Beijing, Read the rest of this entry »
China’s corporate tax is on the high end in Asia compared to the peers. According to the latest complied data, USA and Japan have the highest corporate tax in the world (around 40%), Read the rest of this entry »
Due to an earlier than expected increase in the price level (See Graph from Chinatells), China’s real interest rate starts to show a downtrend move. Read the rest of this entry »
Since the end of 2008, there has been a discrepancy between the deposit growth rate of China’s corporate saving and household saving. Corporate deposit growth touched a bottom in Q4 2008 and continues to go up ever since. On the other hand, Read the rest of this entry »
去年（09年）七月要买台式机给家人用，因为公司和DELL是Partner，可以享受大客户的折扣，所以就通过一个熟悉的DELL销售经理Nancy下了单。整个过程一如既往的便捷和方便（十年来已经买过不下五台DELL产品），大约一星期后收到两个大箱子。小插曲是当时windows7还没发布，DELL的销售说让加钱买个pro版本的Vista，DELL网站承诺可以直接免费升级到windows7（09年10月发布）。没想到这个插曲后来就成了噩梦。
十一月下旬偶尔看到相关新闻想起来windows7的升级包的事情，上DELL网站查看居然已经有了，但是要自己上一个网站注册，并支付运费。当下就觉得这个服务很糟糕，因为这期间就没有任何DELL官方的通知发到我手机或者Email地址（这种服务我家楼下卖面包的都有）而且运费一说彻底颠覆了我对free upgrade的理解，要不是我残存的记忆力+熟练打开浏览器的能动力+正确访问DELL的官网而非某个山寨诈骗页面的辨识力+在一个角落发现这个页面欲遮还羞的观察力+一定的货币支付能力，我可能就此得不到这个蒸贵的服务包了，想到此处不由得一身冷汗。噼里啪啦填了在线表格，到得最后一步输入我的服务标签时杯具出现了，网站提示无法识别我的服务标签，在我不懈尝试数十次，期间更换了三种浏览器，两幅键盘鼠标，东西南北四个座位朝向后宣告失败。于是我发了 Email询问销售，得到回复是IT界著名金玉良言之“等等再试”。 Read the rest of this entry »
Are you a China Bull? (您对中国有信心么)
Is there a bubble in China property (中国房产有泡沫么)
Secret for China's Growth (中国经济增长原因探讨)
1421: the year China discovered the World
China's Environmental Crisis (中国的环境威胁)
China's Unfinished Revolution (未完成的革命)
Mr China – A memoir (中国先生)
The Chinese Century (中国世纪)
The State of China Atlas (中华新地图)
To live (活着)
Who will Feed China: Wake Up Call for a Small Planet (谁来养活中国)
Asia Hotel
WCM
Chinatells (主页)