Posts Tagged ‘China’

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    When Will China and India Catch Up?

    Dec 17, 10 • 247 Views • No Comments

    In one wonderful 4 minute animated video, Swedish professor Hans Rosling shows us how, during 200 years, 200 countries became healthier and wealthier. The turning point for one group of nations is 1810 with the industrial revolution. The next turning point,...  [read more]

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    Who Do We Owe?

    Dec 4, 10 • 218 Views • No Comments

    Who do you think is the biggest holder of U.S. government debt? China? No. It is the U.S. government. Why? Please think about extra money the government might collect for Social Security. What does it do with those funds? Retaining cash would mean no return...  [read more]

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    Yuan Opinions

    Nov 18, 10 • 239 Views • No Comments

    Can you imagine 43 million pairs of socks a year, 5,000 an hour, some saying Dora the Explorer, being produced by one Chinese manufacturer? When you pay $2.99 for a pair of those socks at Wal-Mart, they probably cost that Chinese manufacturer, Shuangjin...  [read more]

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    Dogs, Coach, and Cars

    Oct 28, 10 • 228 Views • No Comments

    When you have extra income, what do you buy? In China, the more affluent consumer is buying dogs, Coach handbags, and cars. Banned in Beijing in 1983, only recently, the dog has returned as a new “best friend.” A stress reliever, a response to...  [read more]

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    China’s Market

    Oct 13, 10 • 234 Views • No Comments

    Sort of like jumbo shrimp and a working vacation, we could say that an authoritarian market is an oxymoron.The chief economist of the World Bank, Justin Yifu Lin, would disagree. As described in a recent New Yorker Magazine profile, Dr. Lin has an unusual...  [read more]