Posts tagged as:
Lots of trash-talking the “China thesis” lately. People (Americans) want to think that the U.S. is the only place that “real” innovation can happen, or at least that the U.S. is the only place that has and protects the “right kinds” of freedoms that will allow the “right kinds” of innovation to happen.
Sorry, but I [...]
{ Comments on this entry are closed }
Readers have recently been asking where you can open a Chinese Yuan savings account. As I wrote in a previous post, Chinese Yuan savings accounts for Americans are available at the Bank of China (only in New York and Los Angeles so far).
In that previous post, I outlined the basic steps you need to know [...]
{ Comments on this entry are closed }
It’s easy to open a yuan-denominated bank account with the Bank of China if you’re willing to travel to New York City or Los Angeles – two locations where the Bank of China will do this.
Investors are increasingly interested in diversifying away from the U.S. dollar (USD) and into alternative currencies. You don’t have to [...]
{ Comments on this entry are closed }
Apparently the late-Friday surge in stock markets might have been due to the possibility that “the Ben Bernanke” will intimate the possibility of higher levels of QE2 than initially indicated. More than $600 billion in Treasury purchases by June 2011, in other words.
Reuters caught sight of a report on the CBS website indicating that Bernanke [...]
{ Comments on this entry are closed }
Trading volumes have been historically low and stock markets in a trading range for quite some time now, even taking the brief September rally into consideration (buoyed by the Aug. 27 Jackson Hole speech comments by Bernanke with a view to the necessity for more quantitative easing in the near future).
Any given hour of the [...]
{ Comments on this entry are closed }
Last week, it wasn’t only Jim Rogers who was suggesting that the Chinese yuan (renminbi) will likely become a major reserve currency, if not eventually the world reserve currency.
Later in the week none other than Goldman Sachs projected that the yuan is set to become a major reserve currency.
There are good reasons for this: number [...]
{ Comments on this entry are closed }
Between February 12 and 28, 2010, all eyes around the world will be on Vancouver, BC, Canada for the 2010 XXI Winter Olympic Games. More than viewers around the world, the Winter Olympics are expected to attract thousands of new visitors, tourists, athletes and Olympic personnel to the lower mainland of British Columbia. But just [...]
-{ Comments on this entry are closed }
