Yuan Opinions

Can you imagine 43 million pairs of socks a year, 5,000 an hour, some saying Dora the Explorer, being produced by one Chinese manufacturer? When you pay $2.99 for a pair of those socks at Wal-Mart, th…

Son Preference

If there are 122 men for every 100 women, how do you find a wife? According to a Columbia University professor, in China, you save. Economists have been asking why Chinese households save so much̵…

Frugal Fatigue and Yuan Updates

Re a March 21 post about frugal fatigue… For a fifth straight month, consumer spending is up, meaning perhaps that we are headed for a “V” recovery?   Data from the mo…

Yuan or Yen

Harvard professor Niall Ferguson, called China a currency manipulator in a recent interview. Next month, Treasury Secretary Tim Geithner will let us know if he agrees. The United States…

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