Posts Tagged ‘Trade’

US Chamber Slashes Obama’s Decision on Tires

Friday, September 18, 2009 11:01 1 Comment

Last week, when President Obama signed off on the new tariffs on imported tires from China, an immediate response from China followed.  In short, the action take was protectionist, without merit, and they had the data to support it.  It was a reaction that indicated to me that, they had their ducks in a row.  […]

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Crossborder Settlements: A Story to Watch

Sunday, July 5, 2009 22:27 No Comments

Over the past few months, a new trade related story has begun to pick up steam, the settlement of crossborder trade in various currencies other than the US Dollar.  At first glance it is a story that does not catch the eye, because it is often laden with economic analysis that is less than exciting, […]

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China’s April Exports Fall 33% from 2008. 5% Further Than Expected

Monday, May 11, 2009 23:34 No Comments

With my post earlier this week graphically showing China’s recent export trajectory, the news that April 2009 saw a 33% Y-o-Y dropmay suggest we have yet to truly turn the corner. Not only is it 5% more than expected by analysts, it is the first month in the last 3 where the number has eroded […]

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China Seeks Guarantees on US Treasuries. US to Offer Alaska

Friday, March 13, 2009 1:48 3 Comments

With all the doom and gloom that has become the current economic cycle, and the fact that the current cycle largely comes as a result of poor debt management, I have always worried a bit about the long term attractiveness of US Debt as an investment vehicle. Yes, I will agree that US treasuries have […]

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Experts Were Right, China’s Economy is Recovering. Just NOT as Fast As They Thought

Wednesday, March 11, 2009 16:45 8 Comments

It only takes a day like today to put force analysts to retrace their footsteps, see where they went wrong when calling for a recovery, and then set off on the path to recovery again. Today’s numbers that China’s February trade figures have PLUMMETED 25.7 % from February 2008 were stunning.  Especially as orders to […]

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China’s Trade: One Graph Really Says it All

Tuesday, January 13, 2009 19:01 No Comments

In Brad Setser’s recent piece Secrets of SAFE: A sharp slowdown in reserve growth and large “hot” outflows in q4…. I found the graph below Speaks volumes. Anyone care to predict the next three splice for M12 2009, M12 2010,  M12 2011?

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China’s Prospects for 2009 – Follow Up

Saturday, January 10, 2009 10:13 3 Comments

Prior to the new year, and in preparation for an interview, I asked readers to send in their thoughts on the prospects for the new year.  I received some interesting responses, none of which were willing to do so using their name on All Roads, but I convinced one person to allow me to post […]

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What Does Dismal US Jobs Report Mean for China

Monday, December 8, 2008 3:37 2 Comments

The recent jobs report literally rocked the house on Friday as a reported 533,000 jobs were lost in November. Particularly noteworthy on Larry King Live, and concerning to me, was that for the first time ever retail jobs were lost in November.  A time that retailers are typically bulking up for the Christmas season.  Which […]

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