Posts Tagged ‘China’

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    Yuan Opinions

    Nov 18, 10 • 452 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 • 420 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 • 442 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]

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    More Than Chicken Feet

    Sep 29, 10 • 548 Views • No Comments

    Chicken feet are back in the news. But the story is about much more. A delicacy in China, chicken feet are a perfect U.S. export. Except for animal feed, there is little demand for them in the U.S. By contrast, the Chinese want our chicken feet. They are fat......  [read more]

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    The World’s Biggest Economies

    Aug 20, 10 • 342 Views • No Comments

    The Chinese leader Deng Xiaoping said, “It doesn’t matter what color a cat is as long as it catches mice.” Explained in the Teaching Company’s “Why Economies Rise or Fall,” Deng cared about results more than economic......  [read more]