What is the real income of a Chinese household? There seems never a clear answer. The National Bureau of Statistics does release the estimate of Chinese household’s income on a national level. However, the figure looks unrealistically low. For example, according to the official f Read the rest of this entry »
China Merchant Bank is the best performer in terms of absolute return and relative return to benchmark in the last 12 months, according to a latest study. The share price (H) of CMB has increased about 25% in the last 12 months, and up more than 10% Read the rest of this entry »
The housing price in Shanghai is increasingly unaffordable according to a latest study. The Shanghai housing price affordability index has continued to go up since 2008, reaching almost the high in 2004. An increase in such an index shows Read the rest of this entry »
China Property companies’ share valuation is at the lower end compared to historical records. Since 2003, China’s property stocks have been trading at a multiple between 9X and 60X. The multiple collapsed in end 2008/early 2009 to touch a low in the last 10 years, Read the rest of this entry »
China’s IT Service Spending has big potential to go up. According to a latest statistic study, China’s IT service spending amounts to only about 0.2% of the nation’s GDP during 2007 to 2009. In contrast, both Japan and USA spend more than 2% of their GDP on IT. Read the rest of this entry »
China government has one of the world’s best balance sheet compared to most other foreign peers. Such a solid fiscal position can be revealed from China government’s debt level. Since 1996, China government’s domestic debt continues to Read the rest of this entry »
China’s housing price might have more potential to go down rather than go up. A review of the relationship between the price of China’s national property price and Chinese real estate companies listed on A share shows such a trend. Read the rest of this entry »
Since the announcement from PBOC to de-peg RMB from USD, the market has been excited about the movement of RMB. In fact, since June 18 when the announcement was made, RMB has appreciated a whopping 0.87% from 6.83 to 6.77 during a Read the rest of this entry »
The recent tightening measure from the central government in the property sector has brought some hope for those who are still short of a flat. Read the rest of this entry »
China’s copper import in May continues to slow down after the country posted a high in March. Overall the import of copper in the first half of 2010 is almost at the similar pace of that in 2009, but much higher than that of 2008. Read the rest of this entry »
The labor cost in Chinese manufacturing’s Cost of Goods Sold (COGS) is at a minimal level according to a latest survey. In the Total Market, the Labor Cost/COGS is only around 1.4%. Read the rest of this entry »
You are currently browsing the archives for July, 2010
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)