bloomberg.com - 3/5/2009
—
March 5 (Bloomberg) -- China’s exporters are calling on the government to weaken the yuan after the biggest slump in overseas sales in more than a decade, putting them on a collision course with the central bank’s intent on keeping the currency stable.
“A 2 to 3 percent depreciation in the ...
Comments
Blog Reactions
Life and Death Struggle
Across the Curve —
I thought this was interesting on the “plight” of Chinese exporters. At least this would keep them buying Treasury debt and we sure need that help at the moment.
Thursday morning links
The Mess That Greenspan Made —
TOP STORIES • BOE cuts rates, announces plans to print money - Telegraph • Euro area interest rates hit record low of 1.5% - BBC • Auditors raise doubts about GM's viability - IHT • NY AG to question 7 Merrill execs about bonuses - AP • U.S. Launches Plan to Steady Housing Market - Washington Post • Goldman Cuts Global GDP Forecast to 0.6% Decline - Bloomberg • China says 8 percent growth possible in 2009 - AP • Bair: FDIC Could Be Insolvent This Year - Bloomberg MARKETS/INVESTING • Gold ticks up on safe-haven buying - Globe & Mail • Oil falls to ...
Related Content
Time to Be Long China?
vixandmore.blogspot.com 11/24/2008 — Back on October 10, 2007, in a post with the title When to Short China? I predicted: Eventually, there will come a time when you will look back and say to yourself, “Why wasn’t I short China? It was such a no-brainer…” In the 13 ½ months since ...
China Knows
gregor.us 1/23/2009 — When it comes to public infrastructure spending, China knows exactly what to do: build rail. Lots of rail. Today’s NY Times has a great piece on China’s next round of public works :
A $17.6 billion passenger rail line across the deserts ...
China
breakingviews.com 10/15/2008 — Rio Tinto, the mining group, said that demand for commodities in China had slowed in the third quarter. Chief executive Tom Albanese attributed the slowing growth to last year’s tightening of monetary policy, and a temporary halting of projects during ...
Exports Plunge In China, Japan, South Korea
globaleconomicanalysis.blogspot.com 2/2/2009 — Global contractions are very rare. However, it's increasingly clear we are going to have one. Consumer spending continues to weaken worldwide, and as goes consumer spending, so goes exports from the goods producing nations, especially those in Asia. ...
Japan counting on Darvish against South Korea
search.japantimes.co.jp 3/17/2009 — SAN DIEGO — Japan and South Korea have seen a lot of each other in the World Baseball Classic. Enough that Ichiro Suzuki thinks it might be their fate to play each other over and over again.
"I guess we should get married then," Ichiro joked during Monday's practice at PETCO Park when informed ...
Invest in South Korea EWY
bukisa.com 3/20/2009 — South Korea is the 15th largest economy in the world. Considering its minuscule geographic size this is a staggering statistic. Its economic world ranking is a testament to the industriousness of the Republic of South Korea and its people. Here’s how ...
China Calls for New Reserve Currency
nakedcapitalism.com 3/24/2009 — We've been treated as being a bit daft when we dared suggest that the dollar's status as reserve currency was at risk. But after the Fed moved officially to quantitative easing last week (after saying it they might go that route back in December), ...
FT.com / China - China’s export fall is worse than predicted
ft.com 12/10/2008 — The impact of the global financial crisis on China became clear on Wednesday when the government revealed that exports fell in November for the first time in almost seven years. With demand in many of its main markets slowing sharply, Chinese exports ...
Secretary Clinton's No. 1 mission is to reassure allies
search.japantimes.co.jp 2/11/2009 — HONOLULU — We welcome the news that Hillary Clinton's first overseas trip as U.S. secretary of state will be to Japan, Korea, Indonesia and China. While her visit to Beijing will likely garner the lion's share of attention and her visit to Indonesia will generate the most speculation (can a ...
Follow WallStreetBlips on Twitter
