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Baby with 4 feet and 4 Hands Born in China

Baby with 4 feet and 4 Hands Born in China     On Friday, a baby that was born with 4 arms and 4 legs had his extra limbs surgically removed. The baby baby was born April 2 in the Guangdong Province of China. According to the Global Times, the baby…>read more

No Comment April 20, 2014

China’s Loss of Economic Momentum

China’s Loss of Economic Momentum     China wants to embrace a sustainable and higher-quality development. That means reducing their government intervention to allow financial markets to have a bigger say in allocating resources, and promoting domestic consumption at the expense of investment and exports.…>read more

No Comment April 15, 2014

China’s Export Slump

China’s Export Slump     A senior China economist at Citigroup Inc. in Hong Kong, Ding Shuang said, “I don’t see a future for these places if they continue to make low-end products.” According to Bloomberg News, Ding Shuang also reported that, they…>read more

No Comment April 9, 2014

The Yuan Has Been Asia’s Worst Performing Currency

The Yuan Has Been Asia’s Worst Performing Currency   The People’s Bank of China guided the Yuan’s 2.5 percent loss since the start of 2014. Nomura Holdings Inc., forecasts a 3.5 percent advance to 6 per dollar by Dec. 31, matching the median projection of analysts surveyed by…>read more

No Comment April 8, 2014

Hedge Funds and Other Speculators Misjudged Gold Prices

Hedge Funds and Other Speculators Misjudged Gold Prices   According to Bloomberg News, hedge funds and other speculators misjudged gold prices. This is the second time in three weeks gold prices have been misjudged. The president of New York-based Platinum Partners, Uri Landesman, who helps manage about $1.35…>read more

No Comment April 7, 2014

China Growth Measures and Railway Spending

China Growth Measures and Railway Spending   Bloomberg News has reported that China has outlined a package of measures including railway spending and tax relief to help support the economy and to create jobs. It has been reported that the government will sell 150 billion yuan…>read more

No Comment April 3, 2014

China is Making its Currency Less Predictable

China is Making its Currency Less Predictable   China’s currency according to Bloomberg News is becoming less predictable and investors are paying the price. According to data collected by Morgan Stanley and the Depository Trust & Clearing Corp. in Washington, clients of U.S. commercial banks have lost…>read more

No Comment April 1, 2014

Confidence in Chinese Stocks

Confidence in Chinese Stocks   Chinese stocks listed in Hong Kong are tracked by The Hang Seng China Enterprises Index. Bloomberg News reported that it rose 0.2 percent yesterday to 10,098.28, reducing its decline this year to 6.6 percent.   A director of market…>read more

No Comment April 1, 2014

Demand for U.S. Dairy Products Remain Strong

Demand for U.S. Dairy Products Remain Strong   The USDA’s  forecast is that a demand from overseas will boost the dairy industry sales by 7 percent this year, to a record $43.1 billion, according to Bloomberg News.   According to the USDA while exports are rising, domestic…>read more

No Comment March 31, 2014

U.S. Soybean Supply “Near Critically Low”

U.S. Soybean Supply “Near Critically Low”   Soy stockpiles in the U.S., where farmers harvested the third-largest crop ever just six months ago, according to Bloomberg News, are the lowest that they have been in at least five decades.   The grain department manager at the…>read more

No Comment March 27, 2014

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