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More news out of China today concerning commercial lending; China's banking regulator has told commercial lenders to restrict new lending they provide to local governments' financing arms to ward off potential risks of default...

For the second time in less than five weeks China’s central bank has moved to limit lending to consumers and businesses by ordering big commercial banks keep larger amount of deposits at the bank. The reserve requirement ratio was raised to 16.5% up half a percent to be enforced February 25th.

Building the Largest Wireless Network in the World

From The Editor

There may be issues with Sovereign Debt, but the funding spigot for China’s Wireless Network is in full progress. $1.33 Billion is going to work in China where you will have a HUGE wireless Network by June 2011. I want to go there and spark up my laptop… email Tony Isaac from the Isaac Organization and Thank Him.

- The exports from Japan to China alone have jumped up 42.8 percent.

- The Company is a pioneer in China’s private oil exploration and production industry, and the first Chinese non-state-owned oil company trading on the NYSE Amex.

- China's yuan strengthened against the U.S. dollar Friday afternoon, after the U.S. Treasury reiterated the yuan remains undervalued...