ChinaDailyNews,Week 3,2011

 

Thomas Friedman On China And America

...differences between China and the US. Note: absolutely nothing of significance will be learned in this presentation, which is merely a rehash of stale, faulty and thoroughly discredited assumptions yet it is a good starting point to learn about all that is flawed in the prevailing view of how the two countries are supposed to coexist in the futu... from zero hedge - Jan 22, 2011

 

China stock earnings calendar, Jan. 24-28

...Chinavestor) The following Chinese companies are going to report financial results for the quarter ended December 31, 2011 starting January 24, Monday. The week is heavy for U.S. stocks, such as Yahoo and Microsoft, but is light for Chinese ADRs. Most Chinese companies will report in February and March.

from Chinavestor - Jan 22, 2011

 

Connecting the Dots Between China’s Falling Consumption Level and Its Banking Crisis

...features of China’s continuing growth as an economic power is its extreme (as in unprecedented in the modern era) dependence on exports and investments as drivers of growth. Even more troubling is that as expansion continues, consumption keeps falling as a percentage of GDP. As countries become more affluent, consumption tends to rise in relati... from Naked Capitalism - Jan 22, 2011

Please continue reading more interesting news and articles of the past week here