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With the recent news of Iran having uranium in forms which can be used to make atomic bombs the UN is moving on tightening sanctions...

Early today a number of Chinese military officers suggested selling a number of U.S. bonds as retaliation for attempting to make an arms deal with Taiwan. Officials actually in charge of the treasury have made no comment about the officer’s suggestion; however...

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

Beijing's approval of stock-index futures and additional reforms designed to bring its markets into line with other major bourses should help shrink the valuation gap that has kept yuan-denominated shares at a premium to similar shares listed in Hong Kong, analysts said.

China is demanding that a global agreement to reduce greenhouse gases prohibit nations from imposing trade sanctions.

For the first 11 months, nationwide vehicle sales rose 42 percent to 12.2 million, with passenger-car sales surging 49.7 percent to 9.23 million.  Four trillion yuan of government spending and $1.3 trillion of new bank lending this year have helped revive growth in China, the world’s third-largest economy. Stimulus measures aimed at auto sales included cutting a 10 percent sales tax to 5 percent and 10 billion yuan of subsidies to help consumers buy and upgrade vehicles.

 

Mark Mobius said stocks in Brazil, Russia, India and China are likely to rise by 30 to 40 percent within three to four years as higher economic growth and lower government debt spurs corporate earnings.  Mobius said he’s buying bank stocks in Thailand and technology companies in Taiwan. Among so-called frontier markets, countries including Vietnam, Kenya and Nigeria are “very interesting now.”  

The president landed this afternoon in Beijing, where he is scheduled to have dinner with Chinese President Hu Jintao. In response to a question at the forum with the students, Obama said he is in China to seek “a meeting of the minds”

- Current Update from the Peoples Republic

- As Fuel Prices Rise and So Does Stock! Sands Seeks $1.75 Billion in Loans for China Casino, and Currency Squabbles!!