Tag Archives: China

While Bitcoin bulls will probably never have it so good as they have in 2017, we wonder whether many of them have stopped to think about the environmental downside of this roaring bull market. After all, back in the dot.com boom, people had ideas about potential internet businesses, issued pieces of paper representing ownership and watched their prices go parabolic parabolic. All it took was a Powerpoint presentation, some computer programming expertise and a “research” report,...

Back in June, China’s federal bond yield curve inverted. Ahead of mid-year bank checks, short-term govvies sold off as longer bonds continued to be bought. It was for some a rotation, for others a reflection of money rates threatening to spiral out of control. On June 19, for example, the 6-month federal security yielded 3.87% compared to a yield of 3.525% for the 10-year. China Treasury Bonds(see more posts on china...

The most significant part of China’s 19th Party Congress ended in the usual anticlimactic fashion. These events are for show, not debate. Like any good trial lawyer will tell you, you never ask a question in court that you don’t already know the answer to. For China’s Communists, that meant nominating Xi Jinping’s name to be written into the Communist constitution with the votes already tallied. Without any objection,...

Bild: Finance 2.0, Facebook Die "InsurTech17 - The Insurance Revolution" in Zürich zeigt: Die "alte" Versicherungswelt steht vor grossen Herausforderungen, denn der neue Versicherungsagent ist virtuell. Start-ups greifen diesen Trend in verschiedenen Bereichen auf. Die Finance 2.0 hat am 24. Oktober 2017 zur "InsurTech17 – The Insurance Revolution" in Zürich ins Kosmos Kino eingeladen. Rund 160...

Earlier this summer, Tezos smashed existing sales records in the white-hot IPO market after the company’s pitch to build a better blockchain for cryptocurrencies made it one of the buzziest ICOs in the world. As we noted at the time, the company capitalized on that buzz by courting VC firms and other institutional investors with a $50 million token pre-sale. After the company opened up selling to the broader public,...

Somewhere in the mountains near Switzerland’s Lake Lucerne lies a hidden underground vault containing a vast fortune. It’s no ordinary vault, according to Quartz. Built inside a decommissioned Swiss military bunker dug into a granite mountain, it’s precise location is a closely guarded secret, and access is limited by myriad security precautions. But instead of gold bars, the bunker contains hard drives on which...

Michael Lai, Fondsmanager bei GAM Michael Lai, Fondsmanager bei GAM, glaubt, dass sich das Reich der Mitte wie schon Jahre zuvor auf Reformen in den Bereichen Unternehmen, Umwelt und Investmentmarkt fokussieren wird. Die Aussichten für das Wirtschaftswachstum bewertet er trotz des Schuldenrisikos als positiv. Am 19. Parteikongress in China hat Staatschef Xi Jinping seine Machtposition...

Michael Lai, Fondsmanager bei GAM Michael Lai, Fondsmanager bei GAM, glaubt, dass sich das Reich der Mitte wie schon Jahre zuvor auf Reformen in den Bereichen Unternehmen, Umwelt und Investmentmarkt fokussieren wird. Die Aussichten für das Wirtschaftswachstum bewertet er trotz des Schuldenrisikos als positiv. Am 19. Parteikongress in China hat Staatschef Xi Jinping seine Machtposition...

Chinese producer prices accelerated in September 2017, while consumer price increases slowed. The National Bureau of Statistics reported this weekend that China’s PPI was up 6.9% year-over-year, a quicker pace than the 6.3% estimated for August and a 5.5% rate in July. Earlier in the year producer prices were driven mostly by 2016’s oil rebound, along with those in the rest of the global economy, but in recent months...

Chinese imports rose 18.7% in September 2017 year-over-year. That’s up from 13.5% growth in August. While near-20% expansion sounds good if not exhilarating, it isn’t materially different from 13.5% or 8% for that matter. In addition, Chinese trade statistics tend to vary month to month. What is becoming very clear is that China’s economy is behaving no differently than the global economy. Most of that increase for...