The Fed faces a "very tough" task in normalizing monetary policy, as it has limited tools at its disposal, Nassim Taleb said.» Read More
The deflation of the great Chinese property bubble will not directly hurt most US investors, but there are other bubbles linked to the Chinese property bubble that could.
The Commerce Department reported the April deficit on international trade in goods and services increased to $43.7 billion up from $27.1 billion in when the economic recovery began.
For the U.S. to stay on top of competitive countries, such as China, more innovation in technology is necessary, says Frank Moss, "The Sorcerers and Their Apprentices: How the Digital Magicians of the MIT Media Lab Are Creating the Innovative Technologies That Will Transform Our Lives" author and Cory Kidd, MIT Media Lab graduate.
China's battle against inflation has plenty of investors worried about a major slowdown. But the former Chief China Economist at the Royal Bank of Scotland says he's much more worried about inflation rapidly getting out of hand and creating a much bigger hard landing between 2012 and 2015.
From concerns over a hard landing to fears over stagflation, investors have found plenty of reasons to stay far away from China’s share market recently. The Shanghai Composite has fallen 3 percent so far this year, a lackluster performance for one of the fastest growing economies of the world.
"When the problems arise next time, what are (US officials) going to do?," the investor told CNBC. " They can’t quadruple the debt again. They cannot print that much more money. It’s gonna be worse the next time around."
China’s export-led growth model is on the verge of collapse, according to Richard Duncan, chief economist at Blackhorse Asset Management. He believes that it’s only a matter of time before the “great Chinese bubble” pops.
What is one to make of recent economic data, particularly in the advanced countries? Is the world economy slowing? If so, should policy do anything about it and, if so, what might the alternatives be? The FT reports.
The Chinese currency hit a record high of 6.4759 against the U.S. dollar on Wednesday after the People's Bank of China (PBOC) fixed the reference point at the strongest level against the greenback since revaluation in 2005. Some think Beijing is likely to go even further, as the country tries to bring inflation under control.
When the Chinese authorities are bailing out local governments for $463 billion, or the equivalent of one and a half TARPs when adjusted for GDP, there could be big problems ahead, according to Societe Generale’s Dylan Grice.
Insight on Chinese IPO Guanwei, with the Fast Money crew.
Shares of two Chinese internet companies - Dangdang and Youku - are taking another beating today as their post-IPO lock-up period comes to an end, and millions of shares owned by company insiders become available.
The market is beating up on Chinese internet stocks lately. Volume is up and prices are down for names such as DangDang and Youku.com.
Another financial crisis is "inevitable," Mark Mobius, head of Templeton emerging market group, told CNBC Tuesday. But that crisis is "no big disaster. In fact it could be an opportunity to buy cheap stocks again," Mobius said. "So I don’t consider it a very bad thing to happen."
The dollar is dragging again, and the real is returning to earth. Here's your Tuesday FX fix.
China’s freeze on new nuclear projects could last until the beginning of 2012, according to a senior industry official, underlining the gravity of China’s nuclear safety review. The FT reports.
In Hong Kong, the government has finally jump-started a cultural development project that has been plagued with red tape for years. The NYT reports.
A senior Chinese official says China should guard against the risks of excessive holding of U.S. assets because it could exacerbate worries about China cutting back on purchases of U.S. Treasuries. Insight with James McGregor, APCO Worldwide, China.
Looking at the recent slowdown in the US economy it would be easy to conclude that policy decisions made in Beijing aimed at cooling the Chinese economy are impacting America a few months later.
Foreign powerhouses from Unilever to HSBC are preparing for the launch of Shanghai's international board