By Kofi Duan
- Apr 24, 2009
- Financial & Capital Market
Frankly speaking, it’s a secret now. The China Banking Regulatory Commission (CBRC) is inspecting it; but one issue is clear: most of the newly increased credit, if not all, entered the SOEs (state-owned enterprises) and government supported programs. The private sector gets rather a small part of it.
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By Kofi Duan
- Apr 10, 2009
- Economic Outlook
For the economic crisis still spreads worldwide, most institutions decreased their GDP forecast for the world and major countries. However, China central government still sets 8% as its GDP target in 2009. Is this target too unrealistic? ...
By Kofi Duan
- Feb 24, 2009
- Financial & Capital Market
The death toll in north China's coal mine blast rose to 74. Rescuers said that among 114 hospitalized miners, six are in critical condition. The accident occurred at 2:17 a.m, Feb 22, while 436 miners were working underground at the Tunlan Coal Mine of Shanxi Coking Coal Group in Gujiao City, about 50 km away from Taiyuan, the provincial capital. ...
By Kofi Duan
- Jan 13, 2009
- Economic Outlook
It's said that the newly increased credit was 760 billion Yuan, or 112 billion USD in December, which is greatly beyond the imagination of market observers. In the first three quarters, China's credit increase was 1.33 trillion Yuan, 1.12 trillion Yuan and 1.03 trillion Yuan respectively, a monthly average of ...
By Kofi Duan
- Jan 10, 2009
- Financial & Capital Market
For a listed company, a late filing is a violation of the listed rules which would raise great negative result, the worst of which is delisting from that exchange. I have asked one auditor, “If the management would not intend to manipulate earning, say all the auditor adjustments are completely ...
By Kofi Duan
- Dec 25, 2008
- Macroeconomic
The speed and intensity of the global recession evolution is beyond many people’s imagination.
China’s economy is influenced more greatly by this financial crisis. This judge is based on the following three reasons. Firstly, the import and export has a great proportion in China’s GDP, 6.8% and 8.7% respectively, as ...
By Kofi Duan
- Dec 23, 2008
- Macroeconomic
www.chinastockadvice.com ----Leading provider of investment research on stocks traded in China's A-share market.
Just before the December CFA exam, 2008, all China CFA program candidates received a letter from CFA institute, the first sentence of which is” Practically overnight, it seems, the world has changed. ” In this letter, CFA institute reaffirms the basic investment principles: diversifying ......
By Kofi Duan
- Dec 19, 2008
- Strategies
For most websites, winter of 2008 is really cold. In China, 2008 is the tenth year of the internet sector, most of the famous website were not born in 1998, such as Baidu, QQ, SINA, ALIBABA and NetEase, etc, not to say the newly-appeared stars, such as YOUKU, TUKOU and ...