Tag Archives: China

Name The New Reserve Currency: China Imports More Gold In 2012 Than All ECB Holdings

Posted on September 8, 2012 by DRenegade

The last time we looked at monthly Chinese imports of gold from Hong Kong in 2012, the comparable country in question was Portugal (whose citizens, if not central bank, incidentally have run out of gold to sell), because that is whose total gold … Continue reading →

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From Hard Landing To Train Crash, All Chinese Indicators Have Slammed On The Brakes

Posted on August 28, 2012 by DRenegade

As Robin might say “Riddle me this Batman”: how can a country, supposedly growing its economy at over 7%, with factory output up over 9%, manage all of this superlative production while rail traffic is shrinking at almost 5.4% annually? More…

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China Stocks Drop To Fresh Post-2009 Lows Following Plunge In Industrial Company Profits

Posted on August 27, 2012 by DRenegade

Today the Chinese stock market did something unthinkable: it plunged to fresh post 2009 lows on news so bad they would have been enough to send the stock markets of such “developed” bizarro economies as the US and Europe limit … Continue reading →

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Hong Kong shares slide to two-week closing low, China weak

Posted on August 16, 2012 by DRenegade

The Hang Seng Index shed 0.5 percent to 19,963, closing below the 20,000 mark for the first time since Aug. 6. “It’s a given that earnings for Chinese companies are going to be bad, but the prospects for recovery are … Continue reading →

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The Hoarding Continues: China Has Imported More Gold In Six Months Than Portugal’s Entire Gold Reserve

Posted on August 15, 2012 by DRenegade

While the highly “sophisticated” traders that make up the gold market continue to buy or sell the precious metal based on whether the Fed will or will not do the NEW QE tomorrow (or just because, like Bruno Iskil, they … Continue reading →

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Chinese companies pull out of US stock markets

Posted on August 14, 2012 by DRenegade

BEIJING (AP) — Just a few years after Chinese companies lined up to sell shares on Wall Street, a growing number are reversing course and pulling out of U.S. exchanges. This week, Focus Media Holding Ltd., announced its chairman and … Continue reading →

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Deep Fried Black Swan Lands As China Admits It Has A Food Inflation Problem, Releases Corn, Rice From Reserves

Posted on August 13, 2012 by DRenegade

Last week we wrote an article that to many was anathema: namely an explanation why everyone is deluding themselves in their expectation that the PBOC would ease, soft, hard, or just right landing notwithstanding. The reason? The threat that food inflation is … Continue reading →

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“The Beijing Conference”: See How China Quietly Took Over Africa

Posted on August 8, 2012 by DRenegade

Back in 1885, to much fanfare, the General Act of the Berlin Conference launched the Scramble for Africa which saw the partition of the continent, formerly a loose aggregation of various tribes, into the countries that currently make up the southern continent, … Continue reading →

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China Imports More Gold From Hong Kong In Five Months Than All Of UK’s Combined Gold Holdings

Posted on July 10, 2012 by DRenegade

There are those who say gold may go to $10,000 or to $0, or somewhere in between; in a different universe, they would be the people furiously staring at the trees. For a quick look at the forest, we suggest … Continue reading →

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Clinton: Russia and China will ‘pay price’ for supporting Assad

Posted on July 6, 2012 by DRenegade

httpv://www.youtube.com/watch?v=GlcJjMEiHiI Russia rejects in the strongest possible terms allegations that it supports President Assad in the Syrian conflict. US Secretary of State Hillary Clinton said Moscow and Beijing must ‘pay a price’ for backing Assad. “I do not believe that … Continue reading →

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Chile Is Latest Country To Launch Renminbi Swaps And Settlement

Posted on June 26, 2012 by DRenegade

Chinese Premier Wen Jiabao (L) shakes hands with Chilean President Sebastian Pinera during a welcoming banquet in Santiago, capital of Chile, on June 26, 2012. (Xinhua/Zhang Duo) From Zerohedge: The dollar exclusion list is becoming bigger and bigger with every … Continue reading →

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Gold Gone to China…For Good?

Posted on June 21, 2012 by DRenegade

London Good Delivery bars are being delivered to Eastern buyers. Instead of being vaulted inside the LBMA system, these bars are being sent directly to refiners. The bars are then being melted and recast in 1 kilogram sizes. The new … Continue reading →

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Will Toledo, Ohio Be The First Major American City To Be Owned By China?

Posted on June 21, 2012 by DRenegade

It has been said that there are two ways to conquer and enslave a nation.  One way is by using the sword, and the other is by using debt.  Fortunately, America is not in danger of being conquered by the … Continue reading →

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The Stage Is Set by Russia, Iran and China in Syria

Posted on June 18, 2012 by DRenegade

Middle East military tensions around Syria shot up again Monday, June 18, with the news reported by the semi-official Iranian news agency Fars that a joint Russian-Chinese-Iranian exercise is to take place in Syria. It was described as “the biggest of … Continue reading →

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Putin says to push military ties with China

Posted on June 6, 2012 by DRenegade

(Reuters) – Russian President Vladimir Putin said on Wednesday he will boost military cooperation with China, including holding more joint exercises, after the United States announced plans to shift most of its warships to the Asia-Pacific by 2020. Putin referred to … Continue reading →

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