In these days of crisis you don't often hear CEOs talk about growth, even less a growth rate that you thought only prime ministers of China and India could afford to aspire to (say higher than 10 percent).
The stock market reacted favorably to Beijing's decision to appoint Zhang Chunxian, former Communist Party chief of Hunan province, to head the Party in the Xinjiang Uygur autonomous region.
I am afraid, as many others may be, that the government's guidance on the real estate market (especially that in the so-called first tier cities like Beijing and Shanghai), is a classic failure.
No matter how the Chinese and US governments deal with each other in their current round of currency politics, an investor can always find more opportunities in a large country with diverse features rather than a relatively small and uniform economy.
The more people are promised a harmonious society, the more sensitive they are to anything that officials say and do that doesn't quite live up to the pledge.
A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.
Name | Value | Change | Time |
Shanghai | -0.58% | Thur | 2,794.27 |
Shenzhen | -0.26% | Thur | 12,392.93 |
HSI | +0.06% | Thur | 22,530.18 |
NIKKEI | -0.11% | Thur | 10,071.14 |
Dow | +0.74% | Thur | 12,719.49 |
Nasdaq | +1.36% | Thur | 2,872.66 |