Posts Tagged ‘China’

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    Aspirational Pecans

    Apr 20, 11 • 255 Views • No Comments

    Our story starts with the walnut. Loved in China, and always cheaper than pecans, during 2007, suddenly, the walnut became relatively expensive. Following the law of demand, Chinese consumers bought fewer walnuts and more pecans. And that was when they...  [read more]

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    Comparing Central Banks

    Apr 9, 11 • 277 Views • No Comments

    Perhaps we can divide the world between inflation fighters and recession fighters. Right now, most of the inflation fighters are in the developing world. In Brazil, Russia, India and China (the BRICs), more expensive food and energy and growing demand are...  [read more]

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    The Center of the Global Economy

    Mar 27, 11 • 235 Views • No Comments

    Let’s start with a dot in the Atlantic Ocean, maybe 900 miles from Morocco. Then, follow that point, as it glides eastward toward Izmir, Turkey. According to London School of Economics Professor Danny Quah, you have just seen how the world’s...  [read more]

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    More Conspicuous (Coffee) Consumption

    Mar 11, 11 • 291 Views • No Comments

    The same story. But now it is about coffee. Increasingly affluent, the Chinese have begun to drink more coffee (in addition to using more oil, eating more meat and buying more handbags). When talking about China, the International Coffee Organization says...  [read more]

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    From China to Iowa

    Mar 5, 11 • 209 Views • No Comments

    We can travel very quickly from China to Iowa. In an excellent report from The Economist on feeding the world, you can see how an increasingly affluent Chinese urban consumer affects many of us. One example connects more Chinese meat consumption to soaring...  [read more]