Once again, China has raised reserve requirements for banks to slow down lending and, hopefully, slow inflation, too. China reports that inflation accelerated to 4.9% in January. Part of the reason is that drought has damaged China 's grain production and food prices are up. Chinese banks lent $158...
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Your Daily Profit June 21, 2010 *****China: Revalues Yuan *****What Yuan Revaluation Means for You *****Don't Fight the Fed Fellow investor, Well, Friday's Daily Profit was certainly timely. In case you missed the piece titled Is China an Afterthought?, I said "I won’t be surprised...