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This tag is associated with 4 posts

China has a $1.2 trillion Ponzi finance problem


Chinese borrowers are taking on record amounts of debt to repay interest on their existing obligations, raising the risk of defaults and adding pressure on policy makers to keep financing costs low. The amount of loans, bonds and shadow finance arranged to cover interest payments will probably rise 5 percent this year to a record … Continue reading

Cadence of Conflict: Asia, November 2, 2015


In pre-WWII terms, last week, North Korea tried a “Hitler” in Southern seas and got sent home running. This week, the US did a sail by and China pulled a “France”. It’s clear who’s boss of the Pacific. At least that’s what the Pentagon will think. China’s response, though proof that it lacks strength, neither … Continue reading

Gary Locke to step down as China ambassador, return to Seattle


The American ambassador to China said Wednesday he will step down from his post early next year to rejoin his family in Seattle. Gary Locke said he informed President Barack Obama of his decision when they met earlier this month. Locke, who is married with three children, took up the post in August 2011 and … Continue reading

More opportunities than ever for Chinese, Asian investor-immigrants


The majority of applicants for the EB-5 visa come from Asia, over 80 percent according to a Government Accountability Office report from 2005. Those investors come from China, South Korea, and Taiwan among others. Most recent numbers indicate that 75 percent of immigrant investors come from China. Many of those who qualify for permanent resident … Continue reading

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