China rescue for EU crisis

Should China rush to the rescue of the eurozone, after they announced their rescue deal? 

Listen online Jim Rogers discusses

Europe Seeks Chinese Investment in Euro Rescue

Is China the only or the best nation and économic system to help the eurozone to come back as a most richess continent.

In front of USA and Africa, Europe got a shot to play with chalanging and stratégic money for business.

Now it's no more a question of money or debt, it's question of time, to know what would be the issue of debt crisis, not also in the eurozone, but around the world...

The US debt

18 October 2011
China’s forex drop looks suspicious: analyst

China’s foreign-exchange reserves fell in September, racking up the biggest monthly drop on record and spurring skepticism from one analyst, who said the drop appeared deliberate.

- Bank of China last Friday showed China’s foreign exchange reserves fell $60.82 billion in September

- U.K.-based Capital Economics said in a note Monday it was unlikely that China sold any of its reserves to help support the value of the yuan during the month

- A portion of September’s drop could be attributed to changes in the value of underlying holdings.

- China could be seeking to cool the rate of growth in its multi-trillion dollar forex stockpile

19 October 2011
China cuts holdings of US debt after ratings downgrade. It has reduced its holdings of US debt to their lowest level in a year, after the US's credit rating was downgraded by Standard & Poor's (S&P).

Largest foreign buyer of US government debt sold $36.5bn (£23.2bn) in US Treasuries or bonds to cut its holding to $1,137bn in August, latest data by the US Treasury department showed.

"Asia countries are sitting on large dollar-denominated assets already, so they can afford to take a longer view," "They would have been the ones most concerned about a downgrade on their current holdings,"

Analysts said that the complete picture of China's Treasury holdings is in Europe.
China buys some of its Treasuries through London.
United Kingdom and Switzerland have been concerns that the debt crisis in some European economies may hurt growth in the region. They increased their holdings by almost $40bn each, while Japan increased its investment by $21.8bn to $936.8bn.

Last year, the Treasury department revised up China's holdings by $268bn when it published its revised figures.

China’s economy

Oct. 17, 2011
China is heading into an economic storm, and the much-feared hard-landing of the world’s second-largest economy has already started.


“The only way the Chinese government can continue to bail out everyone is to print more money, which will lead to inflation. But people are depositing money [in banks] at below inflation,” says Jim Chanos hedge-fund manager of Kynikos Associates on Monday.

“The numbers are falling faster than we thought,” “Real estate sales in September and October, which are peak months, fell 40%-60% on-year,” “People are buying into the idea of perpetual growth,” ‘Are you really growing?’”



Oct. 18, 2011
China’s economy grew in the third quarter at a slightly weaker pace than expected.

Third-quarter gross domestic product rose 9.1% from a year earlier, easing from the second quarter’s 9.5% gain, the National Bureau of Statistics reported.

The data comes amid fears that a slowdown in the US and Europe's debt crisis may also hurt China's growth.

“Growth has come in lower than market expectations, but we remain of the opinion that the Chinese economy continues to chug toward a soft landing, even as the risk of a hard landing is rising on account of weakness in advanced economies,” said IHS Global Insights China analyst Alistair Thornton in Beijing. 

China has witnessed robust growth in past few years. But the rapid expansion has come at a price.

Consumer price inflation in the country has been above the central bank's target and there have been concerns of the formation of asset bubbles.

Markets profits fall

All titles today in international markets and business press

- Bank shares fall in Europe

- Asia stocks see sharp falls

- China data show slightly smaller growth picture

- Dow's back in red for 2011

China's markets falling down, Euro area on the same way...
May be the end of euro zone in the next days or weeks.

Chinese entrepreneurs, despite drawbacks, focus on China alone

Chinese, the new paradise for entrepreneurs.

Nothing compare in the world. Consider as a well-functioning market for tech industry and startup, with many capital and talent, the fast-growing market in the world.

Five strengths can describe the chinese market::
1 - Dealing with the Great Firewall, a deal with the chinese workers system

2 - Copy First Strategy, based on a copy of all the foreign Internet companies

3 - The Chinese Silicon Valley, Beijing seems to fit the bill requires many things (from schools, research institutes, sources of capital, law firms and accounting firms)

4 - Threat from Within, china is on the way to become one af the biggest area for consumers and customers

5 - The Huge Opportunity, chinese tech entrepreneurs are obliged to work with the chinese market. They taste their company on the national market, and the same for company development

© A.Aufauvre


Article link, thenextweb Chinese entrepreneurs, despite drawbacks, focus on China alone
"The tech scene in China is unlike anything around the world — what’s surprising is that despite its uniqueness, it’s a model that is proven to work. Chinese entrepreneurs, despite mostly focused only on China as compared to foreign tech companies looking to expand globally, see plenty of potential for growth, and that’s what we’re interested in finding out. (...)"

Women in China: a social revolution

The world really quicly changes...

Arab world and China's women represent this world leadership change. The both live a great revolution...!!!

But, for this time, I'll just talk about the China's génération that profite of this benefit. I mean China's women.

After USA and Europe, China is now the area for adapting working women with booming economy.

The country is turning to freedom and leadership for entrepreneurship, open ways of leading for gilrs and women, in women owner businesses...

But more than women owner businesses, working women can profite of those working conditions change too. Now they can ask for more union representation, defend their wage.

Student and young generation profite too. A new culture of liberating women is born in China, for exemple they can live alone now in China, in their own flat or house, without to ask their father for freedom.

At their mother's génération, it would'nt be possible.

.

From INTELLIGENT LIFE Magazine, Summer 2011 Women in China: a social révolution
"Women in China have long been silenced or sidelined—if they weren’t smothered at birth. But now a booming economy has transformed their lives. Hilary Spurling sees the changes for herself ...
"Impossible is nothing,” said my Chinese host in March, when I told her the English proverb “you can’t make a silk purse out of a sow’s ear”. She had just passed me a plateful of what looked like tiny, shiny, caramel-and-white striped silk purses. They turned out to be sliced pig’s ear, one of many traditional delicacies at a banquet that included fried ants, sea slugs and geese feet.(...)"

Le gold farming, c’est bien ou c’est mal ?

Peut-on ou doit-on parler d'une dérive des jeux en ligne?

La Chine et l’Inde compteraient près de 100 000 prisonniers obligés à jouer douze durant à des jeux vidéos pour enrichir leurs matons.

Liée exclusivement à une histoire de salaires, en Chine et en Inde les prisonniers seraient contraints de forcés gracieusement pour augmenter le pouvoir d'achat de leurs gardiens. Ces derniers profitant du temps libre qu'ont les prisonniers pour les exploiter pour une centaine d'euro par mois.

Suite de l'article, L'Expansion.com, Le gold farming, c’est bien ou c’est mal ?
"Le gold farming a rarement bonne presse. Quand on en parle, c’est pour évoquer des milliers de chinois exploités, des pertes d’argent potentielles pour les éditeurs, ou la colère des joueurs européens ou américains, qui voient leur terrain de jeu préféré se dégrader. L’article récent du Guardian n’échappe pas à la règle. Le journal britannique relate l’histoire de prisonniers chinois forcés à jouer à World of Warcraft, parfois pendant 12 heures d’affilée, afin d’enrichir leurs matons.

Les prisonniers chinois ne sont pas les seuls joueurs exploités. La Chine et l’Inde compteraient 100 000 « farmers » à plein temps, selon l’article. Le Monde.fr a rapidement repris l’info, évoquant la dérive des jeux en ligne. Pourtant, il faut bien distinguer ce qui se passe dans les univers virtuels de l’exploitation de l’être humain. C’est cette dernière qu’il convient avant tout de condamner.(...)"