Tag Archive: China

Jul 29

Who are the largest holders of US Debt?

Most of the US debt is held by the US citizens only. Foreign holdings of US debt is only 30% of the total debt. China and Japan combine holdings is 50% of all foreign holdings which means 15% of total US debt is held by US. Here are the some of the largest holders of …

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Jul 27

China moving from highest indebted country(US) to second highest(Japan) to diversify holdings

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It seems there aren’t many options for Chinese policy makers to park their trillions of dollars of assets. China has said it’s seeking to diversify its $2.5 trillion in foreign reserves, and the U.S. debt crisis gives it even more incentive to do so. In May, the latest month for which data were available, China’s …

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Permanent link to this article: http://www.wealthson.com/1527/china-moving-from-highest-indebted-countryus-to-second-highestjapan-to-diversify-holdings

Jul 27

Inflation in Luxury items is even more than total inflation in China

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HuRun, which calculates an alternative luxury index for a basket of 61 high-end goods and services (38 of which are imported), said the prices of luxury goods in China were up 7.73% this year, compared with a 6.4% inflation rate for consumer goods overall. Notably, yachts and jets have seen the largest price surges, rising …

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Jul 26

All Bernanke only knows is printing money: Jim Rogers

Jim Rogers, in an interview with CNBC, tells how US debts are no more sustainable. Here are some important points he made in the interview: *Jim says all Bernanke know is printing money. *He also raises concerns on QE3 *In case of another financial crisis US will not be able to raise more debt. *He …

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Permanent link to this article: http://www.wealthson.com/1472/all-bernanke-only-knows-is-printing-money-jim-rogers

Jul 05

China’s Debt problem is more than just bad

Debt problem in China seems to be bigger than anticipated. China has undisclosed bad debt under write-offs. Moody’s have found that out of $ 1.6 Trillion debt of local governments in China, $1.3 Trillion were funded by banks. Not only this, 10% of China’s $5.8 Trillion GDP is bad debt which unaccounted i.e. $ 540 …

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Permanent link to this article: http://www.wealthson.com/1306/chinas-debt-problem-is-more-than-just-bad

Jul 03

When Dragon rescued the Europe!!

Greece’s recently approved austerity plan might not resolve deeper questions over how the country will repay its debts beyond this summer, but it appears one of the world’s biggest investors still has faith in the country and and the greater Eurozone. After all, it would be too risky not to. Earlier this week, just days …

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Permanent link to this article: http://www.wealthson.com/1300/when-dragon-rescued-the-europe

Jun 10

Chinese Economic statistics at a glance

Chinese economy is finally slowing down its pace. Low level of industrial activity in China has made it clear that world economy is stalling. And it is very much evident that some major economies are going to get hit by this sluggishness in China, like if we look at current economic reports Australia which is …

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Permanent link to this article: http://www.wealthson.com/1163/chinese-economic-statistics-at-a-glance

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