Econ Grapher submits:
Just a quick update on China’s March month and quarterly trade data. The part that everyone’s talking about is the quarterly trade surplus of virtually zero. Pretty much a first, it got close to there in the three months to April in 2010. But more on this later. First a quick run down [...]
Ganaxi Small Cap Movers submits:
Chinese Automotive Systems, Inc. (CAAS)
, a leading supplier of power steering components and systems for Chinese passenger automobiles and commercial vehicles, announced preliminary unaudited selected December 2010 quarterly
Zhong Jin submits:
Last week, news of China raising its interest rate by 0.25% barely moved the market. As reported by the Wall Street Journal, most analysts expected that there would be only one interest rate raise left in PBOC’s pocket this year. They reasoned that inflation would peak during the first half of 2011 and [...]
Emerging Money submits:
By Tim Seymour
Looks like Facebook may have finalized its choice of a local partner as it gears up to create a social networking site in China, and Baidu (BIDU) is the winner.
Sohu (SOHU) is reporting that Mark Zuckerberg and Baidu CEO Robin Li have been talking about putting together [...]
Emerging Money submits:
by Tim Seymour
The March import/export
Complete Story »
Sean Wright submits:
“We never want to rely on the kindness of strangers in order to meet tomorrow’s obligations.” ~ Warren Buffett
Synopsis
ADY has serious financial problems. The company is heavily indebted, yet has a history of producing negative cash flow and no immediate prospects for operating improvements. It is highly questionable whether or [...]
Robert Salomon submits:
Fascinating read in the March 2011 issue of Wired magazine documenting an increasing trend among U.S. small businesses: They seem to be bringing manufacturing work that had been outsourced to China back stateside (see Small Businesses Buck Trend, ht Jon).
According to Wired:
For U.S. firms, the decision to manufacture overseas [...]
Ian Bezek submits:
I am short ChinaCast Education (CAST) for the following reasons:
1. ChinaCast has engaged in several dubious transactions with seemingly related parties. 2. It’s quite possible that ChinaCast investors’ funds were misused or misappropriated during these unusual transactions. 3. Several of ChinaCast’s important subsidiaries were not audited by Deloitte, but rather, by largely unknown [...]
Carlos X. Alexandre submits:c
The topic of a reserve currency to replace the dollar never gets old, and the logic behind it is a bit fuzzy. First and foremost, why is the dollar the reserve currency of choice? Does America threaten to bombard any country that chooses to keep its reserves in euros, yen, Swiss francs, [...]
Variant View Research submits:
In our previous report explaining why we are short Advanced Battery Technologies (ABAT), we claimed that “ABAT spent $20 million to acquire a company linked to the Chairman without disclosing the relationship.” Further research confirms that the truth is even more nefarious than we initially believed. The target company was not only [...]