Tag Archives: china

China Headed For Meltdown

It’s become increasingly clear the Chinese real estate market is massively overheated. They’ve been building skyscrapers and cities like they’re going out of style. I seem to remember one statistic which said China has built something like 10 ft.² of … Continue reading

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China’s Yuan Settlement Plan Facing Hurdles

The Chinese opened up their currency the yuan, or as the locals call it the renminbi, in the summer of 2009. They did this because many trading partners wanted to settle in Chinese currency rather than having to convert into … Continue reading

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What The Stock Market Action Means for Forex

Normally this is the part of the summer where the stock market ramps up and rallies. This year is different because the end of QE2 has people on edge although the market has not had too major of a negative … Continue reading

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Hong Kong Dollar vs US dollar

“Heads I win, Tails you lose” currency trade. Hong Kong has been pegged to the US dollar for as long as I can remember. It’s now being replaced by the Chinese yuan or renminbi as locals call it. This is … Continue reading

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