Archive for January, 2011File not found. China: the truth of local government debts to be revealed
The National Audit Office attempts to figure out the true scale of local government debts problems.United Kingdom: to raise (interest rates) or not to raise?
Interest rates will be on the rise, no question about that. The question is when. And this is a warning for people who think interest rates will stay low for long time.China Economy: overheating or disaster in 2011?
In 2011, it all depends on whether the Chinese government will tighten policy aggressive enough.China: Why raising reserve requirement ratio won’t cool the economy
This is an interesting argument that RRR increase does not really help to cool the economy.China: Warning sign?
Divergence between strong economic growth and weak stock market performance is actually a warning to me.
Real Estate. 17 January, 2011, 1:4730-year History of Hong Kong Property Market in One Chart
This Hong Kong Property Price Chart is plotted along side with major global events and government housing policiesChina Economy: 3 Bridges that will blow your mind
Over-investing is one thing, but China has built some of the most daring and longest bridges in the world.US Economy: Inflation, Retails Sales, Consumer sentiment, Industrial Production
Big economic data dump today in the United States are painting a mixed picture on the economy.Hong Kong vs. Singapore: managing liquidity driven property market
After Hong Kong learned from Singapore in curbing home prices(and failed), Singapore is doubling the effort.China Economy: People’s Bank of China raised reserve requirement ratio
People’s Bank of China just raised the reserve requirement ratio in their fortnightly exerciseHong Kong Property: Prices set to reach 1997 level
Centa-City Leading Index of Hong Kong Property Prices has passed 90, only 11% away from 1997 peak. Under my bull case forecast, the 1997 peak will be reached within 2011.Europe: Interest rates kept steady in the UK and Eurozone
Both Bank of England and European Central Bank are keeping rates steady, but the ECB is worried about inflation.China Real Estate: Ghost Mall
The New South China Mall has been famous, as it is the largest vacant shopping mall in the world. That reminds us how economic growth led to a building boom.
Economy. 13 January, 2011, 11:54Bank of Korea interest rate hike , or demonstration of the return of inflation
Bank of Korea raised interest rate by 25 basis points today, highlighting once again that inflation is returning, and it is returning not just in emerging markets, but in developed world as well.US: Fed’s Beige Book
The Fed Beige Book indicates an across-the-board gain in momentum to the recovery, but housing market is still weak, and cost pressures are felt by retailers and manufacturers.China Real Estate: Chongqing Property Tax to include used homes
Analysts said they were surprised by the detail of property tax emerged recently, but it is not going to be consequential.Europe: Eurozone crisis update – Germany and Portugal
Germany reported a strong 2010 economic growth, while Portugal is selling bonds today.China Economy: Overshooting loan target and surging Forex reserve
China loan growth was too fast, and forex reserve was expanding too quickly. All this points to high money supply growth, which creates inflation.Europe: Eurozone crisis update – Belgium
The public finances crisis in Belgium has an interesting twist with its absurd political system, which prevented them from forming a government after 7 months of general election.China Economy: Trade surplus shrinks
China recorded a smaller-than-expected trade surplus. We now understand why the Chinese are buying Eurozone debts