Tag Archive

Dalai Lama Is Planning To Retire		




Dalai Lama Is Planning To Retire 




January 13, 2011 No Comments

In the midst of a time when China’s Prime Minister, Wen Jiabao, came to Delhi to talk about improving ties between India and China, the Dalai Lama went on his eight-day tour of Sikkim. Sikkim has been refused by China to have its incorporation into India recognized. The presence and trip of the Dalai Lama ...

Supply Expectations Heavily Impact China’s Money Market Rate

Supply Expectations Heavily Impact China’s Money Market Rate

January 10, 2011 1 Comment

China’s benchmark seven-day repo went down to 43 basic points for the fifth trading as banks increase their lending aggressively. This state is a consequence of expectations of increasing cash supply, which has encouraged banks to put large amounts of money into the market. According to sources, the People’s Bank of China will bring in ...

New Trade Agreement Between USA and China

New Trade Agreement Between USA and China

December 17, 2010 No Comments

The Obama administration has been fighting to decrease restrictions and issues that govern the trade relationship between the USA and China. Following a rejected complaint of China, the World Trade Organization supported Obama’s choice to establish three-year duties on $1.8 billion of Chinese tires. This step was taken to protect U.S. producers from an import ...

China’s banks stop giving loans to real estate

China’s banks stop giving loans to real estate

November 15, 2010 No Comments

China’s banks are going to stop giving out loans to real estate developers in order to slow down investment. Increasing home prices and sky rocketing investments are the cause for the change of action amongst China’s major banks.  This is part of the government’s intent when the top four state-owned lenders suspended credit to developers ...

China is the scapegoat for bad US economy

China is the scapegoat for bad US economy

October 30, 2010 No Comments

In current election campaigns members of both parties are using China as a scapegoat for the US’ economic misery. What is disregarded and unnoticed in intolerant attacks is the fact that China is a major trade partner for many US states. Using this explanation for the current US economic state is an easy but well ...