Tag Archives: china
How to Make Sense of China’s Plummeting Stock Market
The chart shows how easy it is to frame market data in a way that sounds either scary or benign, depending on your inclination. “The Chinese stock market has dropped 32 percent in a month” is scary. “The Chinese stock … Continue reading
Geithner’s new book rips Kirk on U.S. debt and China
Geithner says Kirk, a Republican, warned the Chinese that U.S. spending “was driving us toward default” and the Federal Reserve Bank was “creating hyperinflation.” “I couldn’t believe it,” Geithner writes. “Not only were those fears delusional, but he was undermining … Continue reading
Chinese Firm Gains Approval, Hype to Raise World’s Tallest Building in Only 90 Days
The Burj Khalifa took five years to finish. But for Sky City, BSB will fabricate the parts offsite over four months and spend three months erecting the building on location, at a pace of five stories a day. Once finished, … Continue reading