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5

Henry Paulson on America and China's Interdependence

http://www.foreignaffairs.org –

"The prosperity of the United States and China depends on helping China further integrate into the global economic system," says Henry M. Paulson, Jr. ,U.S. Secretary of the Treasury. He has made many enemies in the last 2 weeks with his controversial plan to take 700 billion more dollars from U.S. taxpayers to bail out banks, investment firms, and mortgage companies.

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nstanosheck's picture
Hao'd by nstanosheck 8 weeks 2 days ago- – Made popular 8 weeks 1 day ago
Category: China Business   Tags:
4

China Central Bank in need of a cash infusion, RMB to depreciate?

http://www.thechinaperspective.com –

The central bank has been the main advocate within China for a stronger yuan. But it now finds itself increasingly beholden to the finance ministry, which has tended to oppose a stronger yuan. As the yuan slips in value, China’s exports gain an edge over the goods of other countries.

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nstanosheck's picture
Hao'd by nstanosheck 12 weeks 3 days ago- – Made popular 12 weeks 2 days ago
Category: China Business   Tags:
4

Chinese banks: The sweet taste of revenge

http://www.benross.net –

Ben takes the upperhand in the battle with his bank, refusing to return extra money given to him by the teller.

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zhangbohan's picture
Hao'd by zhangbohan 1 year 32 weeks ago- – Made popular 1 year 32 weeks ago
Category: General   Tags:
2

Chinese Police Shut Down 7 Underground banks

http://www.panasianbiz.com –

The Chinese police are busy. The bigger the country, the more people there are, the more wrongdoing that can go on.

Chinese police have shut down 7 underground banks, suspected of laundering 14 billion yuan ($1.75 billion) in funds.

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zhonghuarising's picture
Hao'd by zhonghuarising 1 year 49 weeks ago- – Made popular 1 year 49 weeks ago
Category: China Business   Tags:

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